Peet Limited is governed by a Board and executive team comprising leading business professionals and property industry experts who are committed to the highest standards of corporate governance.
The Board is guided by a comprehensive governance framework that assists the company to set and achieve business objectives, monitor and assess risk and optimise performance.
The Board acknowledges its accountability to shareholders and responsibility for creating shareholder value and for establishing an ethical, high performance environment that protects the rights and interests of shareholders and ensures the Company is well governed.
Peet Limited reports annually on its compliance with the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations. This annual reporting and the Company’s main corporate governance policies and practices are reported within the Company's Corporate Governance Statement, which forms part of the Annual Report.
The Group's governance framework is reviewed regularly and upgraded or changed as appropriate to reflect the Company's interests, changes in law and what is generally regarded as sound practice. It incorporates the following components: