HCD's Board of Directors is responsible for ensuring that the Company has an appropriate corporate governance structure to ensure the creation, protection and enhancement of shareholder value. This requires that appropriate accountability and control systems are in place.
The Board endorses the Australian Securities Exchange Limited (ASX) Corporate Governance Council's Corporate Governance Principles and Recommendations (ASX Principles).
At HCD, the role of the Board includes ensuring that the Company acts ethically and in the best interest of shareholders in everything it does. To the extent possible, these standards of behaviour are reflected in the Company’s corporate governance policies and codes. These policies and codes are regularly reviewed and, where necessary, updated.
Hydrocarbon Dynamics Constitution
The HCD Constitution is the Company’s key governance document. The Company is committed to compliance with the Constitution.
Corporate Governance Statement
The Corporate Governance Statement deals with the extent of compliance of the Company with its Corporate Governance Principals each year and is included in the Company’s Annual Report to Shareholders.
Hydrocarbon Dynamics Board Charter
The HCD Board Charter deals with the composition and operation of the Board of Directors and its adherence to the Company’s governing policies and charters.
View the biographies of HCD's Board of Directors.
The Board has established the following committees:
- Remuneration & Nomination Committee [charter]
- Audit and Risk Committee [charter]
Hydrocarbon Dynamics Code of Conduct and Ethics
The HCD Code of Conduct and Ethics governs the commercial operations of HCD and, in particular, compliance with the law and the ethical standards to which HCD will conform when dealing employees, stakeholders and third parties.
Hydrocarbon Dynamics Continuous Disclosure Policy
The HCD Continuous Disclosure Policy is a formal policy deals with compliance with the continuous disclosure provisions of the Corporations Act and ASX Listing Rules. The policy is designed to ensure that all investors have equal and timely access to material information concerning the Company.
Hydrocarbon Dynamics Shareholder Communications Policy
The HCD Shareholder Communications Policy is designed to promote effective communication with shareholders and encourage effective participation at HCD's General Meetings.
Hydrocarbon Dynamics Personnel Securities Trading Policy
The Corporations Act and the laws of other jurisdictions in which HCD operates contain provisions which prohibit a person in possession of material, non-public information relating to a company from dealing with the securities of that company. The HCD Securities Trading Policy sets guidelines designed to prevent HCD and Personnel from intentionally or unintentionally breaching these Laws.
Environmental Management, Health and Safety Policy
The HCD Environmental Management, Health and Safety Policy recognises the need for HCD to manage its activities in a manner that minimises the likelihood of any adverse impact on its surroundings and promotes the health and safety of its employees, contractors, the general public and all other stakeholders.
Hydrocarbon Dynamics Risk Management Policy
The Audit and Risk Committee is responsible for ensuring that effective risk management programs are in place to protect HCD's assets and shareholder value.
The Risk Management Policy, covers financial and operational risks and documents HCD's risk management framework.
The following Corporate Governance related material is also available through the section:
HCD Corporate Governance Statement
HCD Board Charter
HCD Code of Conduct and Ethics
HCD Continuous Disclosure Policy
HCD Shareholder Communications Policy
HCD Personnel Securities Trading Policy
Environmental, Health and Safety Policy
Risk Management Policy
Anti-Bribery and Corruption Policy