Leadership and oversight
Our board of directors and executive team establish our corporate governance framework and provide ongoing leadership, direction and advice. They have a wealth of combined experience across the energy industry and other markets.
Board Safety & Sustainability Committee
The Board Safety & Sustainability Committee advises the board on Health, Safety & Environment (HSE) matters and specific Sustainability aspects such as climate change. The Committee is accountable to the Board for its performance. The committee considers specific HSE and Sustainability matters at the board’s request or where the committee itself feels that additional attention will benefit in the governance of HSE and Sustainability risks and/or impacts governance. The committee reports its findings to the board.
Board Audit and Risk Committee
The Board Audit and Risk Committee helps the board fulfil its statutory and oversight responsibilities relating to our:
- risk management processes and determination of the risk appetite
- financial reporting processes
- overall audit process
- systems of internal control which management and the board of directors have established
- process for monitoring compliance with compliance obligations and the Code of Conduct.
Board People and Performance Committee
The Board People and Performance Committee supports the board in fulfilling its obligations relating to people matters and non-enterprise agreement remuneration.
Board Regulation & Stakeholder Engagement Committee
The Board Regulation & Stakeholder Engagement Committee provides oversight on our activities in relation to regulatory changes and/or regulatory decisions arising from the National Electricity Law, National Electricity Rules and Regulations or other processes affecting the framework of economic regulation for the business. The committee also assists the board in reviewing and verifying Transgrid’s revenue proposals to the Australian Energy Regulator, and guiding engagement with the regulator and other stakeholders until the regulator’s final determination or the end of an appeal process.