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Our Governance Structure

Robust governance driving responsible, sustainable performance.

Our ATLAX and ATLIX Boards – and their committees – oversee our sustainability strategy, targets and progress.

 

They are supported by the Executive Committee, a dedicated Director of Safety, Sustainability and Risk and a Sustainability Working Group (SWG).

Risk Management

The ability to clearly define, measure, mitigate and monitor existing and emerging sustainability risks is critical to understanding and managing Atlas Arteria’s long-term financial sustainability, as well as potential environmental and community impacts.

Sustainability-related risks associated with our business are identified, assessed, monitored and integrated into our business strategy in accordance with our Risk Management Framework. Our Boards and management review risks annually to ensure strategic objectives are achieved.

Governance Structure

Sydney's South West | Western Sydney | Bar Western Sydney | South West pubs | Restaurants Western Sydney | Best restaurants Western Sydney | Western Sydney cafe | Italian restaurant Western Sydney - Governance Structure - illustration 2f36cefd-abe8-4a28-82e4-8e6995898aa8
Business FunctionsResponsibilities
ATLAX and ATLIX Boards
  • Review and approve recommendations from the Safety and Sustainability Committee regarding:
    • Identifying safety and sustainability strategies and opportunities and managing safety and sustainability risks.
    • Targets related to environment and sustainability performance.
  • Review and approve sustainability reporting and key policies relating to sustainability matters.
Safety and Sustainability Committee
  • Oversees the approach to identifying and addressing key safety and sustainability risks, including climate change, human rights and modern slavery risks.
  • Reviews and monitors the effectiveness of the internal control systems and Risk Management Frameworks for safety and sustainability risks, and strategies to pursue opportunities in relation to safety and sustainability matters.
  • Monitors management’s implementation of safety and sustainability initiatives or strategies that are approved by the Atlas Arteria Boards.
  • Monitors performance against safety and sustainability positions, commitments and targets.
  • Reviews the preparation of Atlas Arteria’s sustainability and climate reporting, including the Sustainability Report, Modern Slavery Statement and annual UNGC Communication on Progress (CoP).
Audit and Risk Committee
  • Monitors and reviews the effectiveness of the internal control and Risk Management Frameworks and compliance with key risk management policies.
  • Receives reports from the Safety and Safety Committee as necessary on safety and sustainability matters that may impact on Atlas Arteria’s overall internal controls and risk management and compliance frameworks.
People and Remuneration Committee
  • Reviews and recommends to the Boards remuneration structure and policies.
  • Consults with the Safety and Sustainability Committee on any safety and sustainability matters relevant to the determination of key performance indicators and variable remuneration outcomes for executives.
Executive Committee
  • CEO is responsible for sustainability strategy implementation and delivering on sustainability (including climate change) targets and commitments.
  • CFO supervises and directs sustainability and climate change agenda.
  • Executive Committee guides business strategy, risk management processes and investment decisions.
Sustainability Working Group
  • Responsible for identifying sustainability risks, with a focus on climate-related risks and opportunities.
  • Co-ordinates business responses and supporting disclosure, in line with relevant sustainability standards and legislative requirements.
Sustainability
  • Co-ordinates, guides and supports business functions in identifying, integrating and addressing sustainability considerations, including climate considerations such as achieving GHG emissions reduction targets.
  • Guides sustainability strategy.
  • Supports internal (including Boards’) awareness and knowledge development.
  • Reports externally on strategy and actions.
Legal and Risk
  • Ensures alignment of climate-related risks assessment and reporting processes with Risk Management Framework.
  • Ensures assessment and evaluation of risks and opportunities are aligned with Risk Appetite Statement.
  • Advises on safety and sustainability related legal requirements.
Operations
  • Identifies, assesses, responds, manages and maintains processes and mitigation plans to address business-level sustainability-related risks.
  • Pursues sustainability-related opportunities.
  • Implements strategies, for example GHG emissions reduction strategy, to meet targets.
Finance
  • Ensures sustainability-related risks and opportunities, especially those that are climate-related, are considered in business strategy and planning and external reporting (particularly financial assessment and reporting, tax strategy and management, and commercial strategy and management).
People and Culture
  • Ensures sustainability-related issues (particularly those related to people and culture such as diversity and inclusion, employee engagement and social impacts) are considered in business strategy and planning.
  • Assists People and Remuneration Committee to ensure executive remuneration KPIs include sustainability measures linked to business performance.
  • Responsible for implementing and maintaining a strong safety culture across the business.

 

  • Review and approve recommendations from the Safety and Sustainability Committee regarding:
    • Identifying safety and sustainability strategies and opportunities and managing safety and sustainability risks.
    • Targets related to environment and sustainability performance.
  • Review and approve sustainability reporting and key policies relating to sustainability matters.

 

  • Oversees the approach to identifying and addressing key safety and sustainability risks, including climate change, human rights and modern slavery risks.
  • Reviews and monitors the effectiveness of the internal control systems and Risk Management Frameworks for safety and sustainability risks, and strategies to pursue opportunities in relation to safety and sustainability matters.
  • Monitors management’s implementation of safety and sustainability initiatives or strategies that are approved by the Atlas Arteria Boards.
  • Monitors performance against safety and sustainability positions, commitments and targets.
  • Reviews the preparation of Atlas Arteria’s sustainability and climate reporting, including the Sustainability Report, Modern Slavery Statement and annual UNGC Communication on Progress (CoP).​​​​​​​

 

  • Monitors and reviews the effectiveness of the internal control and Risk Management Frameworks and compliance with key risk management policies.
  • Receives reports from the Safety and Safety Committee as necessary on safety and sustainability matters that may impact on Atlas Arteria’s overall internal controls and risk management and compliance frameworks
  • Reviews and recommends to the Boards remuneration structure and policies.
  • Consults with the Safety and Sustainability Committee on any safety and sustainability matters relevant to the determination of key performance indicators and variable remuneration outcomes for executives.