To ensure their independent status, all directors of Endeavour Energy are subject to the statutory duties and prohibitions regarding conflicts of interest.
We rely on the integrity of the Board of Directors to identify and disclose issues which may give rise to a conflict of interest. The Company Secretary maintains the Register of Disclosures which is reviewed, as a minimum, every six months to ensure the information held by the organisation is up to date.
Further to the declarations contained in the Register of Disclosures, Directors are required to declare any real or perceived conflicts of interest in relation to the matters before the Board or Board committee that would interfere with their exercise of independent judgment as a Director. Any such declarations will be added to the register.
Non-executive directors are entitled to accept positions with other companies. However, directors must observe their duties as set out in the Energy Services Corporations Act 1995, the State Owned Corporations Act 1989, the Board Code of Conduct, the Code of Ethics and general law, in accepting any position with another company and, in particular, those duties relating to conflicts of interest.