Fuel Plus International Pty Ltd
The Following Statement Is Effective Date: 1st January, 2025,
Corporate Governance Statement
At Fuel Plus International Pty Ltd, an emerging player in the hydrocarbon / petrochemical sector, we are committed to upholding the highest standards of corporate governance, grounded in transparency, integrity, environmental responsibility, diversity, and global citizenship. Our approach recognizes the unique challenges and responsibilities inherent in the hydrocarbon / petrochemical industry, including environmental impact, safety, and community engagement.
- Transparency and Accountability
We prioritize transparency to foster trust and confidence among our stakeholders. Our practices include:
- Providing comprehensive, timely disclosures of financial performance, safety records, and environmental metrics in accordance with international standards and regulatory requirements.
- Engaging openly with regulators, investors, communities, and other stakeholders through regular reporting, stakeholder dialogues, and accessible communication channels.
- Maintaining robust internal controls, risk management frameworks, and independent audits to ensure accuracy and integrity in all disclosures.
- Ethical Standards and Integrity
Ethical conduct is fundamental to our operations and reputation. We uphold:
- A strict Code of Conduct aligned with international best practices, emphasizing safety, honesty, and respect.
- Zero tolerance for corruption, bribery, and unethical practices, supported by comprehensive anti-bribery policies and whistle-blower protections.
- Ethical sourcing of raw materials, fair dealings with suppliers and partners, and responsible marketing practices.
- Continuous ethics training for all employees, emphasizing responsible behaviour in high-risk environments.
- Environmental Care and Sustainability
Given the hydrocarbon / petrochemical industry’s environmental footprint, we are committed to minimizing our impact and advancing sustainability:
- Implementing advanced safety and environmental management systems to prevent accidents, spills, and emissions.
- Investing in cleaner technologies, such as energy-efficient processes and innovations that reduce greenhouse gas emissions.
- Complying with all environmental regulations and striving beyond compliance to reduce waste, water usage, and pollutant releases.
- Supporting initiatives that promote the circular economy, including recycling and the development of sustainable products.
- Regularly monitoring and publicly reporting our environmental performance, including carbon footprint reduction targets.
- Equal Opportunity
We are dedicated to fostering an inclusive workplace that values all our staff and provides equal opportunities for all employees, which is essential in our global industry. Our commitments involve:
- Enforcing non-discrimination policies across all employment practices.
- Equal access to career development, training, and leadership opportunities.
- Promoting a culture of respect, inclusion, and collaboration.
- Providing equal access to career development, safety training, and leadership opportunities.
- Cultivating a safety-first culture that respects human rights and promotes employee well-being.
- Monitoring workforce demographics and implementing initiatives to enhance equal opportunity at all levels of the organization.
- Global Corporate Citizenship
As a hydrocarbon / petrochemical enterprise, we recognize our responsibility to contribute positively to society and the environment:
- Engaging with local communities to support education, health, and environmental initiatives, particularly in regions where we operate.
- Ensuring our supply chains uphold the highest standards of human rights, labor practices, and environmental stewardship.
- Collaborating with industry peers, governments, and their agencies to address pressing global challenges such as climate change, resource conservation, and social development.
- Adopting sustainable business practices that balance economic growth with ecological and social responsibility.
Conclusion
Fuel Plus International Pty Ltd is dedicated to exemplary governance that aligns with the unique demands of the hydrocarbon / petrochemical industry. Our unwavering commitment to transparency, ethics, environmental stewardship, equal opportunity and global responsibility guides our strategic decisions and operational practices. We continuously seek to enhance our governance framework to ensure sustainable growth, safety, and trusted relationships with all our stakeholders.
Fuel Plus International Pty Ltd
P.O. Box 222
Caulfield South, VIC 3162, Australia
Email:
governance@energen.co
Phone: +61(3)5141-7805
Fuel Plus International Pty Ltd — Committed to safe, legal, and environmentally responsible energy solutions.
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