Ironbark Capital Limited
Climate Impact & Sustainability Data (2021, 2023-06-30, 2024)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental, Social and Governance Risk (ESG)
Governance Achievements
- Adopted a system of corporate governance in accordance with the ASX Corporate Governance Principles and Recommendations - 4th edition.
- Established an Audit Committee with three independent directors.
- Adopted a Code of Conduct and Ethics.
- Implemented a Whistleblower Policy.
- Established a Securities Dealing Policy.
Climate Goals & Targets
Environmental Challenges
- Indirect exposure to environmental and social sustainability risks through investments.
Mitigation Strategies
- Investment Manager considers ESG risks of companies in which it invests as part of its broader investment strategy.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations - 4th edition
Reporting Period: 2023-06-30
Environmental Metrics
ESG Focus Areas
- Governance
- Diversity
Governance Achievements
- Established a Board Charter outlining responsibilities and composition.
- Implemented a Code of Conduct and Ethics.
- Established a Whistleblower Policy.
- Established a Risk Management Policy.
- Established a Securities Dealing Policy.
- Established an Audit Committee with a charter.
- Established a Disclosure Policy.
- Established a Communication Policy.
- Established a Diversity Policy.
- Implemented a process for assessing the independence of directors.
- Established a policy for the appointment and selection of non-executive directors.
- Established a Performance Evaluation Policy.
Climate Goals & Targets
Environmental Challenges
- Administrative risks (operational, compliance, financial reporting)
- Market-related risks (investment risk)
Mitigation Strategies
- Outsourcing of administrative functions to service providers with reviewed policies and procedures.
- Annual Enterprise Risk Management Review.
- Annual certificates of insurance currency from key service providers.
- Half-yearly written confirmation from CFO/Company Secretary on financial records, statements, and risk management.
- Investment diversification across industries and companies.
- Investment manager adherence to Board-approved investment mandate with half-yearly reporting.
- Monthly portfolio and performance reports from the investment manager.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance Principles and Recommendations (4th edition)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Governance Achievements
- Adopted a Diversity Policy considering gender, race, age, experience, religion, disability and cultural background in director appointments.
- Established an Audit Committee with a majority of independent directors to oversee financial reporting, risk management, and the audit function.
- Implemented a Code of Conduct and Ethics requiring directors to act in the best interests of the company and shareholders with honesty, integrity, and fairness.
- Established a Whistleblower Policy to report unlawful or unethical behavior.
Climate Goals & Targets
Environmental Challenges
- Indirect exposure to environmental and social sustainability risks through investments.
Mitigation Strategies
- Investment Manager considers ESG risks of companies in which it invests as part of its broader investment strategy.