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Good corporate governance is critical to the long-term, sustainable success of Fortescue and is the collective responsibility of the Board of Directors and across all levels of management.

Governance framework

Fortescue seeks to adopt leading practice and contemporary governance standards and apply these in a manner consistent with our culture and Values.

We support the intent of the 4th Edition of the Australian Securities Exchange (ASX) Corporate Governance Council’s Corporate Governance Principles and Recommendations and unless otherwise disclosed, have reported against the requirements of these Principles and Recommendations.

The cornerstones of our corporate governance are:

  • Transparency

    Being clear and unambiguous about our structure, operations and performance, both externally and internally, and maintaining a genuine dialogue with, and providing insight to, stakeholders and the market generally.

  • Integrity

    Developing and maintaining a corporate culture committed to ethical behaviour and compliance with the law.

  • Empowerment

    Everyone at Fortescue is empowered to make decisions that support our objectives and are in the best interests of stakeholders. Management and employees are encouraged to be innovative and strategic in making decisions that align with our risk appetite and are undertaken in a manner consistent with corporate expectations and standards.

  • Corporate accountability

    Ensuring that there is clarity of decision-making, with processes in place to authorise the right people to make effective and efficient decisions with appropriate consequences when these processes are not followed.

  • Stewardship

    Developing and maintaining a company-wide recognition that Fortescue is managed for the benefit of its shareholders, taking into account the interests of other stakeholders.

Documents and Charters

Key corporate governance documents can be accessed from the following links:

The Board is responsible to the shareholders for the performance of the Company and operates within:

Effective 1 July 2024, the Board Committees operate under specific Charters including:

Prior to 1 July 2024, the Board Committees operated under the below specific Charters:

Fortescue actively promotes ethical and responsible decision making through:

Fortescue operates under the following Policies and Documents: