Bhagwan Marine Limited
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Governance
- Anti-Bribery and Corruption
Governance Achievements
- Established an Anti-Bribery and Corruption Policy to comply with Australian Securities Exchange (ASX) standards and the Corporations Act 2001 (Cth).
Climate Goals & Targets
Environmental Challenges
- Potential for bribery and corruption incidents.
Mitigation Strategies
- Implementation of a comprehensive Anti-Bribery and Corruption Policy, including guidelines on gifts, hospitality, tenders, procurement, donations, and sponsorships. Establishment of reporting mechanisms and responsible officers to handle concerns and breaches.
Supply Chain Management
Responsible Procurement
- Policy mandates fair and transparent tender and procurement processes.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: ASX Corporate Governance framework