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The Qantas Group strongly believe that vaccination against COVID-19 is critical for the safety of our people, customers, ongoing operations and for aviation more broadly. Qantas Airways Limited ABN 16 009 661 901, Safety, Health, Environment and Security Committee Charter (PDF), Qantas Group Business Practices Document (PDF), Learn more about our Supply Chain Assurance Program (PDF), UN Guiding Principles on Business and Human Rights (UNGPs), International Air Transport Associations June 2018 Annual General Meeting Resolution. Opens in a new window The Qantas Group is committed to transparency on key performance indicators, including environmental, financial and social. On industrial relations, Qantas is notoriously hard-line. The Group Policies apply to Qantas Group entities and employees in line with the Group's Corporate Governance . The occurrence of the above mentioned risks will have the following consequences in the event of their occurrence; The unmanageable increase in fuel prices may force the company to reduce its business operations(Thomas, 2014). OurWhistleblower Programis a key aspect of our approach to managing human rights, providing a confidential and accessible channel for individuals to raise matters of legitimate concern with us, so they can be addressed. On the other hand, it could suggest that skill and experience, an important layer of defence, has been eroded. He is also president of the Australian and International Pilots Association, a voluntary position he holds alongside his job at Qantas. Qantas maintains it has excellent relations with what the chief executivecalls "our people". "I think it's fair to say Qantas is a militant employer," professor of labour law at the University of Sydney, Shae McCrystal, told ABC's Four Corners. Management Committee and the Board of Directors, for the purpose of assessing the performance of the Qantas Group. A summary of indicators can be found Qantas Group Tax Risk Management Policy, ensuring corporate governance obligations with respect to tax risks are met. *Subject to a dividend being declared by the Board. The Qantas Group's strong governance frameworks are overseen by the Board of Directors and the Group Management Committee. After three years and $7 billion in statutory losses due to the pandemic, the Qantas Group has returned to profit with a record result for the first half of FY23. Join Qantas Frequent Flyerorsubscribe to Red Email today. Our sophisticated risk assessment utilises known bribery and corruption risk indicators and incorporates the Groups established risk assessment procedures to identify potential risk and, where required, to introduce adequate controls to mitigate that risk. The Board of Directors receives a bi-annual Group Risk Report incorporating the Group Short Term (0-3 year) and Long Term (3-10 year) risk profiles, trends, risk interconnectivity and monitors the management of notable risks. Upgrade my browser. Likewise, bullying or any form of occupational violence in the workplace is not tolerated. <> xkS;3[f! Qantas was one of the first airlines to introduce an integrated Safety Management System in the 1990s, which we continue to evolve. We hold ourselves to high standards in everything we do and give others the information to evaluate our performance. TMC network Uniglobe Travel has strengthened its presence in Europe by adding new members in the UK and Turkey. Upgrade my browser. The Risk Management Process in Project Management