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Part 3: Our Organisation
The GRDC places high value on continuously improving the organisation's corporate governance, and made substantial advances in this area during the past year. In particular:
In continuously improving the GRDC's corporate governance, the corporation is guided by the Australian National Audit Office's Guidelines for Best Practice Corporate Governance.
The GRDC Operating Manual, which is available to the Board and all staff members, describes the corporation's:
The EMT, in consultation with managers, regularly updates the Business Risk Assessment Report and the Fraud Control Action Plan. The Board reviews these documents at each Board meeting. Risk management has been embraced throughout the GRDC as a tool to assess risks at the strategic, operational and project levels.
The GRDC's Quality Management System has ISO 9001:2000 quality assurance accreditation from SGS International Certification Services Pty Ltd. In 2005-06 the GRDC will seek to make greater use of quality assurance as a tool for continuous improvement.
GRDC officers, including members of the Board, are insured by the GRDC against various liabilities that they may incur in their capacity as officers of the corporation. Since 31 January 1999, Comcover, the Australian Government's self-managed fund for insurance risks, has provided the necessary insurance cover. The Comcover insurance contract prohibits the GRDC from disclosing the nature or limit of the liabilities covered or the amount of premiums payable.
The GRDC is required to report annually on its performance in relation to ecologically sustainable development (ESD) and other environmental matters discussed in section 516A of the Environmental Protection and Biodiversity Conservation Act 1999 (EPBC Act).
The principles of ESD have been incorporated into the decision-making systems and processes of the GRDC, as required under the EPBC Act. The corporation has in place paper-recycling arrangements and, where operationally viable, purchases energy-efficient equipment. Energy efficient practices are encouraged within the corporation's premises, to reduce energy consumption wherever possible.
At the strategic level, Driving Innovation articulates the GRDC's vision for an Australian grains industry that is both profitable and environmentally sustainable. The corporation aims to balance its investments to provide long and short-term economic environmental benefits for its stakeholders. Part 2 - Our Outputs includes a discussion of how GRDC investments helped to achieve environmental objectives in 2004-05.
The GRDC's annual Personal Information Digest entry as at 30 June 2005 has been lodged with the Privacy Commissioner. The online digest may be viewed at the commissioner's website, www.privacy.gov.au.
The GRDC is required to comply with the Freedom of Information Act 1982 (FOI Act). No requests under the FOI Act were received during 2004-05.
Enquiries about access to documents and other matters relating to freedom of information should be directed during normal working hours to:
Freedom of Information Officer
The GRDC provides a wide range of publications for government and grower stakeholders as well as the wider community. The GRDC's Service Charter, available through www.grdc.com.au, outlines the corporation's commitment to delivering these important resources.
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February 28, 2007
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