This Diversity Policy is designed to support Regeneus Limited’s (the Company’s) commitment to diversity and reflects the ASX Corporate Governance Council’s Principles and Recommendations.
Benefits of diversity
Workplace diversity refers to the variety of differences between people in an organisation. Diversity encompasses race, gender, ethnicity, age, personality, cognitive style, tenure, education, background and more.
The Company believes that diversity in its workforce is a key element to its success. Employees from diverse backgrounds with differing skill sets bring individual talents and experiences to their respective roles within the Company and enable the Company to:
- Make better decisions by having access to a larger pool of ideas and experiences; and
- Better communicate with its stakeholders.
Commitment to diversity
The Company is committed to fostering a corporate culture that embraces and values diversity. As stated in our Code of Conduct, the Company does not tolerate unlawful discrimination with respect to a person’s ethnic background, religion, gender, age, disability, marital status or any other factor unrelated to their skills and qualifications. The Company believes its people are its most valuable resource. Our staff are a fundamental element of the business, with whom the Company has built a strong reputation and has laid the foundation for its continuing growth.
The Company’s Board Charter provides that the board of directors of the Company (Board) should comprise directors with an appropriate range of skills, experience, expertise and diversity.
The Nominations Committee is responsible for regularly reviewing the composition of the Board as a whole, and the contribution of current and potential directors to the mix of skills and experience available to the Company.
Objectives for achieving diversity
The Board is responsible for:
- establishing measurable objectives for achieving gender diversity; and
- assessing annually both the measurable objectives for achieving gender diversity and the progress in achieving them.
The Board will disclose in each Annual Report both its objectives for achieving gender diversity and its progress in achieving those objectives.
Roles and responsibilities
Every employee within the Company is responsible for supporting and maintaining the Company’s corporate culture, including its commitment to diversity in the workplace.
Review and changes to this policy
This Diversity Policy will be reviewed periodically to ensure it remains relevant and effective.