Bradken Limited Annual Report 2015 - page 38

3 l BRADKEN LIMITED ANNUAL REPORT 2015
DIRECTORS’ REPORT
Bradken Limited
Directors' report (continued)
30 June 2015
A. General information (continued)
Likely developments and expected results of operations
Environmental regulation and performance
Corporate governance
Information on directors
Nick Greiner, AC, B.Ec., MBA.
Independent Non-Executive Chairman.
Experience and expertise
Other current directorships
Former directorships in the last three years
Special responsibilities
Interest in shares
Member of Human Resources Committee.
371,272 ordinary shares in Bradken Limited.
Further disclosure on likely developments in the operations of the Group and the expected results of operations have not been
included in this report because the directors believe it would be likely to result in unreasonable prejudice to the Group.
Chairman of Infrastructure NSW and Chairman of Citigroup Australia.
Chairman of QBE Australia, Chairman of Nuance Global Traders, Deputy Chairman of Champ Private Equity and a director of
various private groups.
Additional comments on expected results of certain operations of the Group are included in this annual report under the
Operating and Financial Review section on pages 6 to 8.
There have been no significant known breaches of the Group's obligations or environmental regulations to which it is subject.
Chairman of Bradken Limited since 2004. Extensive experience in corporate roles. Formerly, Premier and Treasurer of New
South Wales.
In Australia, the Group's energy related requirements have corporate thresholds and the Group's operations are subject to the
reporting requirements of the
Energy Efficiency Opportunities Act 2006
, the
National Greenhouse and Energy Reporting Act
2007
and the
National Pollutant Inventory
.
The Group has established data collection systems and processes are in place to meet all requirements.
The Group's operations are subject to significant environmental laws and regulation. The Group has devoted and will continue to
devote resources to environmental compliance and management in each of the jurisdictions in which it operates.
The Group's United Kingdom sites have been exempted from UK Climate Change Agreements in early 2014. The Bradken UK
sites will no longer have to submit the Climate Change Agreement reports.
In the USA, the Group's Atchison site will be reporting its Greenhouse gas (GHG) emissions as it exceeds the US Greenhouse
Gas Reporting Rule threshold of 25,000 tpa CO2e. The Atchison site is also participating voluntarily in the US Department of
Energy Better Plants program with a pledge to reduce energy intensity by 25% over 10 years. The Group's other US sites do not
exceed the reporting threshold.
None of the Group's Canadian facilities exceed the 50,000 t CO2e threshold for reporting under the Canadian GHGRP program.
No mandatory GHG or energy reporting requirements apply to the Group's operations in New Zealand, Malaysia or China.
More complete information on key risk categories, risk management and the overall Bradken Group governance framework is in
the Company's detailed Corporate Governance Statement available on the website at bradken.com.
The Bradken Limited Board of Directors (Board) believes high standards of corporate governance are essential for sustainable
long-term performance and creating value for shareholders. The Board is committed to delivering a robust governance system
and fosters a culture that values ethical behaviour and integrity.
Throughout the financial year ended 30 June 2015 and at the date of this Statement, the Board believes the Bradken Group has
complied with the third edition of the ASXCGC Principles and Recommendations, with effect from 1 August 2014.
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