We aim to build a diverse, inclusive and resilient culture to maximise engagement and performance, and remain an employer of choice in Australia. Talk to people in safety-critical roles in aviation, and it's often not long before conversation turns to the 'Swiss cheese model'. endobj Jetstar-branded carriers operate more than 5,000 flights a week to more than 85 destinations. Earlier today, Qantas, Australia's flag carrier, said it expected to add 8,500 roles over the next decade, a move that it said represented a signal that the aviation industry was moving into a . A Whistleblower program is an important element in deterring corrupt, illegal or other undesirable conduct. 2008/09 Qantas Data Book . Gareth Evans was appointed CEO Jetstar Group in November 2017. I couldn't have scripted a better career.". Former Air New Zealand executive Cam Wallace has been appointed to lead Qantas' international and freight division. He worked for a specialist, external labour-hire firm that supplies flight attendants to Qantas and a subsidiary company, QF Cabin Crew Australia, that Qantas set up to employ new international flight attendants. The Qantas Group is working hard to get back to its best as it recovers from the unprecedented impacts of the COVID-19 pandemic and a rapid restart. 2 0 obj "Unfortunately, that has been usedas a threat to the pilots. The Whistleblower Policy [PDF]outlines the operation of the Qantas Whistleblower program including what qualifies as a Disclosable Matter, detail regarding how Qualifying Disclosures can be made, who qualifies as a Disclosing Person and who the Eligible Recipients for Qualifying Disclosures are. It is the intention of the Qantas Group to require employees to be vaccinated against COVID-19 and this is being explored in all our international locations. More detail, including the key risk findings and disclosure against the TCFD recommendations framework, is set out in our 2022 Sustainability ReportOpens external site in a new window. On industrial relations, Qantas is notoriously hard-line. "We can't build enough experienced people doing the job more efficiently and safely, so we do jobs more slowly and haphazardly as people just don't know, they're still learning on the job. The Qantas Group entered the crisis in better shape than most airlines. Part of Wallace's remit will be to guide preparations for the company's "Project Sunrise," according to Qantas. Qantas responded by applying to have their existing enterprise agreement terminated and push the employees back to the bare-bones-award safety net, with significantly lower pay and benefits. We also report our findings in the Qantas Group Annual Review. During the pandemic we made tough but necessary decisions to ensure that we survived and could recover quickly. *Please note, applicants must have unrestricted working rights to live and work in the USA. The Group also supported critical government missions to repatriate Australians escaping civil unrest in Afghanistan, with 16 flights between Dubai and Australia. Program management and oversight is a University-wide responsibility that calls for the active involvement of executive . This may lead to the closure of some of its international business segments. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Since then, the Group has been working to implement these across the core elements of climate-related disclosures. Our Group Financial Framework - introduced in 2015 - aligns our strategy and key performance metrics with long-term shareholder goals, enabling consistent, year-on-year comparisons. The latest FRMS was given the thumbs up by Australia's aviation safety regulator, CASA, following a 12-month trial. Tip Sheets give additional guidance on specific topics: Policy and Procedure . Our Modern Slavery Statement,pursuant to the Australian Modern Slavery Act 2018 (Cth) (MSA) and s54(1) of the Modern Slavery Act 2015 (UK MSA) sets out the actions taken by the Qantas Group to assess and address modern slavery risks in our operations and supply chains. Italian TMC Gattinoni Business Travel has opened a new office in Treviso, in the country's north-eastern Triveneto region, following the acquisition of rival TMC Btexpert. With a focus on continuous improvement, the Group is seeking to build on our established compliance program by investing in technological platforms that will support our management of business risks and meet the growing expectations of regulators worldwide. Over 2016/2017 Qantas exceeded performance in sustainability benchmarking indices, from the last to first tier on the Macquarie Environment Social Governance (ESG) ratings, achieving CDP A List and CDP Supplier Climate Change A List and rated at a Leading level by the Australian Council of Superannuation Investors (ACSI). In FY22, we updated this analysis to reference updated climate data, developments in the business, progress in technology and fuel availability as well as regulatory changes. Implementing human trafficking training for our aircrew to support identification of, and responses to, suspected instances of trafficking. As weve done during the pandemic, were continuing to transform to make sure were well positioned for the future. The Group Business Resilience Management System (GBRMS) is an integrated response and recovery system across Qantas Group's strategic, operational and tactical environments, and is subject to a variety of airline and safety standards and regulations. They are: Our success as a business and our approach to corporate citizenship starts with the custodians of our brand - our people. 4.36 QFF follows the Qantas Group risk management practices, policies and procedures. Risk Management Policy Sandvik Group The Qantas Group has paid all taxes that it owes and all tax compliance obligations are up to date. Risk Management Policy - Timaru District Council We acknowledge Aboriginal and Torres Strait Islander peoples as the First Australians and Traditional Custodians of the lands where we live, learn, and work. Employees Employees are responsible for looking for opportunities to improve operational efficiencies and optimise outcomes. A $200 million investment in operational resilience delivered a significant improvement in operational performance for customers. Finally, the global financial and economic crisis affects all companies undertaking the international business(Robertson, 2016). Tino commenced his career in professional firms, including Ernst & Young, where he held Tax Accounting and Audit positions in Australia and the UK. At the heart of our everyday activities are a set of business principles and commitments that ensure fair dealing and protect stakeholder interests. The three principles that guide us are: operating with integrity (through our safety, people, community and environment strategies). Tax risk management is governed by both the Qantas Group Risk Management Policy and the Qantas Group Tax Risk Management Policy, ensuring corporate governance obligations with respect to tax risks are met. Join Qantas Frequent Flyerorsubscribe to Red Email today. Olivia Wirth was appointed as Chief Executive Officer of Qantas Loyalty in February 2018. Simulation Technique (Monte Carlo Analysis). endstream endobj 149 0 obj <>/Metadata 17 0 R/Pages 146 0 R/StructTreeRoot 31 0 R/Type/Catalog>> endobj 150 0 obj <>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 841.89 595.276]/Type/Page>> endobj 151 0 obj <>stream "For pilots, job security is everything," he said. It is usual for each risk to have a named risk owner. We are red-lining, running at max capacity in a very dynamic, challenging environment. In line with this, the Qantas Group committed in 2017 to align our climate change-related disclosures to the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). To You are . Its constant refrain is that it does what it needs to do to meet its business objectives, compete in a tough market, and remain viable. So when we think about sustainability today, we define it in simple terms. The aviation industry frequently deals with uncertainty, whether it's in the price we pay for fuel, business and consumer confidence and demand levels, weather patterns, geopolitical events and as seen recently, pandemics. Our Business Integrity Compliance program is overseen by the Qantas Board, through the Qantas Audit Committee. The risk management system is based on a structured and systemic process which takes into Andrew David has extensive airline experience. Opens in new window, To find out more about how Jetstar is making a difference, Under his leadership Qantas has implemented its biggest transformation since privatisation in 1995, renewed its fleet and technology, lifted customer satisfaction to record levels and expanded with new ventures and partnerships. Previous roles have included Chief Executive Officer of Tiger Airways Australia for eighteen months, and Chief Operating Officer of Virgin Australia for five and a half years. Information on our historical performance, including Annual Reports and ASX information can be found in our Investor Centre. Qantas Group returns to profit with record first half result. The Board adopted its Board Charter (PDF) on 1 September 2003. "One incident I'm aware of, the ground handlers, they loaded the aircraft incorrectly," one employee said. We're proud of our joint collaboration with government and broader industry to strengthen Australias approach to anti-corruption through our participation in dedicated focus groups, such as the Bribery Prevention Network and our association with industry bodies such as the Global Compact Network. Responsible investment Our wealth businesses have Responsible Investment Policies Modern slavery including child labour / forced labour; Cyber security including data and credit card protection. The UQ Policy Handbook is to assist UQ staff developing policies and procedures. People are the core of our business, and our commitment to respect human rights, which includes labour rights, starts in our own operations. The objective of this Risk Management Policy (RMP) is to ensure that we are managing risk to the best of our ability to enable the successful achievement of the Bank's objectives. It does not dispute union estimates that numbers are down by up to 35 per cent on the levels it had before the onset of COVID-19. The Handbook is one of a number of tools and resources available to staff at UQ designed to encourage the development of policies and procedures that are clear, effective and appropriate. Alan Joyce says it's "not good enough" thatQantas customers have been been dealing with flight delays, cancellations and lost baggage over the past few months. Under the Qantas Group COVID-19 Vaccination Policyall Australia-based new employees of a Qantas Group entity must be fully vaccinated with an Approved COVID-19 Vaccine and provide Evidence. endobj An Engineering degree in Aeronautical, Mechanical, Electrical or equivalent. We aim to foster a workplace where people respect and tolerate the rights and differences of others. Comply with Group Management Systems and Policy. Alan Joyce has been Chief Executive Officer and Managing Director of Qantas since November 2008. "So, all four of those working together,side by side, pushing carts, handing out meals on one plane.". "As a result, we have a very high turnover rate that makes the already-bad situation even worse. This process is designed to identify, assess, monitor and manage all business risks, including strategic, operational, financial, and compliance risk. The regular refresh of our saliency assessment is critical in helping us prioritise the human rights issues which are, or have the potential to cause, the most harm, and enables us to manage the key risks to people and to the business. Opens in new window. While the new FRMS allows for flights in excess of the current 20-hour ceiling, Project Sunrise flights will still need to be approved on a route by route basis. hbbd``b`z $@@}7"n \"A`IAD([RD @B +"b`` 1@ 3IX endstream endobj startxref 0 %%EOF 192 0 obj <>stream "Bags aren't making aircraft on time. Our sports and arts sponsorships are focused on supporting elite Australian talent and helping our national teams excel in global competitions. We report transparently to demonstrate how we're creating shareholder value, advancing our strategy, laying foundations for long-term sustainability, and making a positive impact in the communities we serve. Lesley Grant was appointed as Group Executive, People, Culture and Corporate Affairs from 1 November 2017 and previously held the positions of Chief Executive Officer, Qantas Loyalty from 2012 to 2017 and Group Executive Customer and Marketing. Our commitment to strengthening business resilience and fostering a risk aware culture creates the foundation for sustainable performance and adaptability to respond to shifting market conditions. Third, any lucrative business will attract new competitors. Many of our employees donate their time and skills to good causes. Prior to joining Qantas in 1996, Naren worked for Air Pacific (now Fiji Airways) for 12 years in various executive roles, including Chief Operating Officer. Gattinoni Business Travel expands footprint following acquisition. Qantas has mapped its supplier industries and locations to help us assess the relative risk in our supply chain. Our due diligence program assists us to assess and ensure that those we partner with operate with a commensurate level of integrity, operate within the law and meet our requirements. They feared the holes were moving closer together. To find out more about our safety strategy and performance, see page 16 of the Financial Risk Management Policy Loss Prevention Procedure 2. With the right risk-management method, accompanied by diligent reviewing of your investments, we work to mitigate the risk to your retirement savings by minimizing exposure to market uncertainties and tempering the effects of inflation on your portfolio. strong corporate governance transparency in reporting. hb```a``f`e`.Ugb@ !+sLt``0\)1`K%A , OH8H#?Dl'7Np`2fr@S)A4)Ah3S[+.w`gL\Nf 2 ^! and Audit Committee, review Qantas Management's establishment and operation (within the risk appetite set by the Board) of an enterprise-wide operational risk management system which is designed to identify, assess, monitor and manage operational risk throughout the Qantas Group in relation to safety, health, environment, security and To find out more about how Qantas is advancing the best of Australia, PDF Qantas Group Voluntary Tax Transparency Code Report 2016 The GMC is chaired by the CEO and meets fortnightly to review Qantas is often referred to as a "legacy airline", which is code for an airline that came out of public ownership with generous pay and conditions compared tonewer competitors. Therefore, there is a risk for the reduction of the Qantas Airline domestic market. The Qantas Group works with partners to make a positive impact in the community, address disadvantage and extend opportunity. The radical Qantas action smashed resistance to what has become a foundation of the airline's business model: to gradually replace, or threaten to replace, existing employees with outsourced labour, or hire new staff on lower pay and conditions hired through subsidiary companies Qantas creates or acquires. As part of this, we commissioned an independent survey of several thousand employees in 2019 to better understand their experience of any harassment in the workplace. The system is recognised globally by the industry as an example of best practice and forms the foundation of our risk management approach. Join Qantas Frequent Flyerorsubscribe to Red Email today. Our Group beliefs frame our culture internally and our approach to corporate citizenship in the community more broadly. Risk Management Policy - Policies Commercial experience with contract management How Singapore stacks up against Hong Kong in battle of Asia hubs On the other hand, it could suggest that skill and experience, an important layer of defence, has been eroded. Opens in a new window The Qantas brand is synonymous with Australia. Risk management Observations. Across our workforce, we maintain an 'informed culture' of safety and security. "I would say that the Australian domestic market is the most competitive in the world. From 2017/18, we will shift our reporting to open source disclosures, leveraging our Opens in new window, To read our Supplier Requirements and find out more about our supply chain, The Board Charter is reviewed annually by the Board, with the last review conducted and amendments approved on 24 August 2022. We provide high-quality papers covering a wide range of services. Especially the staff that we deal with on a day-to-day basis around aeroplanes, ground staff, check-in staff. We support an ethical supply chain through our due diligence program, which assesses potential third-party suppliers, including those who act on our behalf, to identify those presenting an elevated risk of bribery. Qantas told ABC's Four Corner that it "shows a safety management system that is working and designed to capture human error through multiple fail-safes". Can the dogs of Chernobyl teach us new tricks when it comes to our own survival? John Gissing was appointed as Group Executive, Associated Airlines and Services in March 2015. stream i_2vXqG}[CLwb"9 yv@VnC1_o_Snh>;7ZwL,tqXzbT4ZXFOQL0"lDV[] ]PG%d0DXlsGLh:@H"I"M0FqyPgthnaE\PDNqsuTPPj:BHzU;"&/=TTy:G5O0&[Z[nk;CO`xYaGhHJ{e~,^ZB*BXKaaPtxcN$7^jr}Pq Health | BHP Opens in new window. It expresses our commitment to provide for, or co-operate in remediation in line with the guidance provided under the UNGPs where we identify we have caused or to which we may have contributed or be directly linked to harm. The Qantas Group's strong governance frameworks are overseen by the Board of Directors and the Group Management Committee. Tony Lucas has been a pilot for 30 years, 27 of those with Qantas, and he has risen through the ranks to become a check and training captain. He has also been a press secretary and senior political adviser to various Australian political leaders and Ministers and worked as a journalist in newspapers and television in Australia, the US and UK. Since its privatisation 30 years ago, it has been finding creative ways to cut labour costs. Risk Management Policy Release Date December 11, 2014 Revision Date June 24, 2021 Issued by Risk Management Committee Supersedes Released dtd. Legal Matter Policy; 8. From 1 October 2019, Vanessa Hudson will formally commence the role of Qantas Group Chief Financial Officer, following the appointment of current Chief Financial Officer, Tino La Spina to Chief Executive Officer of Qantas International. Qantas staff fear the airline's stellar safety reputation is at risk as pressure from management mounts. Since the dawn of the Jet Age, it has never suffered a fatal accident or lost an aeroplane hull, which is a credit to its staff and its leadership. Upgrade your web browser for an enhanced experience. Secure Your Legacy. Qantas Data Book 2017. Safety, Health, Environment and Security Committee: Antony Tyler (Chair), Alan Joyce, Belinda Hutchinson and Michael L'Estrange. We can't name the many employees we spoke to because they could be sacked for raising their concerns. Investors have been selling this fund manager's shares following the release of a disappointing half-year . The Qantas Group beliefs anchor our internal priorities and initiatives, including investment in training, effective communication, rewards and recognition, and commitment to diversity and inclusion. Thats how we create value for our stakeholders, opportunities for our people and world-class experiences for our customers. Qantas claims that its approach is "common across the industrial landscape"; it's less common to use a structure of subsidiaries and silo companies to achieve that goal. Olivia is also on the Board of UNICEF Australia. CHESS also has oversight of risks associated with regulatory compliance. Re-establishing key governance forums such as the Supply Chain Assurance Leadership Council and business-led supplier governance mechanisms and internal working groups. As a matter of fact, only particular people are gifted with a talent for writing. Today we apply the same systematic approach to all risk disciplines, not just aviation safety. Where we identify an adverse impact that we may have caused, contributed to or be directly linked, we adopt a consultative and measured approach to identify appropriate response options and take action consistent with the guidance provided under the UNGPs. Contract Engagement, Review and Execution Policy; 4. The two TMCs officially came together on 1 January, 2023, after the larger Gattinoni Group (which also . He is a member of the ACC General Counsel Advisory Board, and ACC Australias GC100 and Advocacy Network. They include the Qantas Constitution, Board committees, the Qantas Group Business Practices document, and a range of other policies. FY22 continued to present significant challenges for the Group as we navigated our recovery from the widespread impact of the global pandemic. The system integrates the management of risks associated with aviation operational safety; workplace health and safety (WHS); aviation and cyber security; privacy and data governance; environment (including climate change); and business resilience. ", A licensed engineer told ABC's Four Corners: "The planned work for the night, we used to get through it, what they planned for us almost every night. Flights are being cancelled because crew are running out of hours to operate these flights in the time it would take to fix the issues.". HWMq\~U. Jetstar's community initiatives include Star Kids, which raises funds for World Vision, and Flying Start, which offers grants for charitable initiatives. Qantas's early rally lost steam and closed 0.3 per cent lower at $6.515. They're not the same.". Opens in new window. Vanessa has a Bachelor of Business and was admitted as a Member of the Institute of Chartered Accountants in 1994. The group consists of: Jetstar Airways in Australia and New Zealand, wholly owned by the Qantas Group. Yet its own employees, and not just union officials, raised these concerns with Four Corners. m@oo!X7dKr\L:==U>KzurVUI:'7OSr/*X\o+]Ll(f~["[ g[nf8fe;C{:dw%,[$=.`_ vCU=oVVy6a+DrvkyN~/ p,F m+] Bc9 We do this by implementing an effective risk management framework that is embedded in the Bank's processes and culture. OurModern Slavery Statement (PDF)outlines in detail the measures the Group had to take to ensure its survival, including the potential human rights impacts, on our people, operations and supply chain. We support that growth through tourism marketing partnerships with the Australian and state governments, and our own extensive marketing and media strategy. Board & Committee Charters - Crown Resorts Corporate Governance Board & Committee Charters View our charters. Mr Gissing previously held the position of Chief Executive Officer, Qantas Regional Airlines Group responsible for QantasLink branded operations. To find out more about our environmental strategy and performance, The increase of increase is evident from the fact oil prices a prone to fluctuation all over the world(Sky News. COVID-19 is the biggest challenge ever faced by global aviation and its impacts will be felt for some time. Berger Paints - Risk Management Policy /`B4zI *9@/dp&u{I2{?$}MdxySCER:s MEa8dO/jS=)h2yw?O-FO_yu vD&0%\*+pE`1cu[ @rJZRtahpEVyJrx hTIbK),\8} ,9r{(,sujS`A@yB+K2Qt9 Risk management is a part of decision making. It's been prepared to take really destructive decisions in pursuit of the bottom line.". 2008/09 Qantas Data Book . Aviation has been at the forefront of the global business response to climate change, becoming the first industry to voluntarily commit to emission reduction targets as far out as 2050. Com , 2016). This amendment provides the Group with an additional level of verification in line with our voluntary commitments under the UNGPs, while at the same time upholding our position that the Australian Government is best placed to make decisions on the legal status of people seeking asylum in Australia. Qantas Airways Limited ABN 16 009 661 901. Swot Analysis Of Qantas Group - 1205 Words | Bartleby To avoid accidents, it is necessary to put many slices together to layer the defences so there is no possibility that the holes can line up and an accident happen. Photo: Qantas News Room. Bags are being loaded onto aircraft incorrectly. After COVID devastated aviation in 2020, Qantas announced it would retrench 1,700 ground staff at Australia's major airports. UQ Policy and Procedures Library (PPL) - Policies and Procedures Upgrade your web browser for an enhanced experience. hereOpens in new window Qantas takes a proactive approach to managing risks in our supply chain. Before Qantas, Andrew was Senior Vice President Public, International, Industry, Environment Affairs at Emirates, based in Dubai. _W+ It can come with a hidden cost to morale. As cancellations and delays threaten Qantas's reputation with customers and its budget faces challenging conditions, can the airline turn things around? Our approach Responsible lending Our credit policies incorporate consideration of ESG risk, regulatory requirements and voluntary commitments. We regularly review our risk triggers and due diligence processes to ensure they are reflective of changes in the global environment and are effectively designed to enable us to identify, prevent, mitigate and account for how we address modern slavery risk in our supply chain. Qantas maintains a strong governance structure over its risk management activities. We have continued to contribute to industry initiatives to prevent human trafficking, including ongoing consultation on ICAO policy and IATA standards and practices. The Qantas Group adopts a proactive approach to enable identification, evaluation and effective management of the risks and opportunities that arise. PDF QAN FY21 Investor Presentation - Qantas Investor day And we know that our continued success relies on day-to-day operational excellence and keeping a steady eye on the horizon. Our commitment is reflected in ourCode of Conduct and Ethics[PDF],Human Rights Policy Statement[PDF]and ourModern Slavery Statement[PDF]. The Qantas Group is announcing changes to its Group Management Committee, as the national carrier moves into a new phase of growth and renewal. Opens in new window. Qantas Airways Limited ABN 16 009 661 901. Book and Service View policies and guidelines Fares and Ticketing View policies and guidelines Changes, Reissues and Refunds View policies and guidelines Ticket Taxes, Fees and Charges View policies and guidelines Specific Needs View policies and guidelines He is also president of the Australian and International Pilots Association, a voluntary position he holds alongside his job at Qantas. Opens in a new window Policies Policies Find the information you need to service your customers with ease. They've been beaten down. If we identify material risks, we will not transact with suppliers until those risks have been resolved. "And, when you equated their hourly rates and conditions, one legacy crew, for example, would get you two Kiwis, three British or two Qantas Cabin Crew Australians," he said. The Groups Business Integrity & Compliance function, reporting to the General Counsel and Group Executive, Office of the CEO, ensures that the Group is best positioned to respond to both the rapidly evolving regulatory environment and shifting societal expectations regarding corporate ethics. We recognise our responsibility to respect human rights by taking steps to avoid negative impacts on people and the planet from our activities, and by making positive impacts where we can.
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