We are committed to managing the risks that come with a volatile environment by strengthening business resilience and building an agile, adaptive culture - giving us the foundations for sustainable performance in all market conditions. :`lw k_'J+BpphOjtH`w=KBfvFl'`' m8d 4=lY1843VW\%zHg^@{yKwco4`PYd9_ TMC network Uniglobe Travel has strengthened its presence in Europe by adding new members in the UK and Turkey. Since 2014 Stephanie has served as a Board Director and Vice Chair for the Association for Data-driven Marketing and Advertising (ADMA). hR:)[%_f: -7Q&vj;gm ! q$u}^VQ PI Qantas Group returns to profit with record first half result. Qantas Group Corporate Information | Qantas AU As Chief Financial Officer his portfolio included Finance, Strategy, Treasury, IT, Procurement (including Fleet), Investor Relations, Mergers & Acquisitions and the Groups Business Transformation Program. "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. He is a member of the Institute of Chartered Accountants in England and Wales. More broadly, with Hong Kong open and China's abandonment of its zero-Covid policy, the IMF has forecast Hong Kong to grow 3.9 per cent in 2023, faster than Singapore's 2.3 per cent. Scope Risks do not exist in isolation from other . ", Another observed: "I feel like the staff have been beaten down. It claimed unions weremaking "baseless and generalised" safety claims to "further their industrial agendas". Upgrade my browser. The Australian Taxation Office (ATO) has advised that the Qantas Group is a key 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. Security Policy. The Board has established Committees that are responsible for considering detailed issues and making recommendations to the Board. Supplier Requirements. "I totally enjoyed my time with Qantas," he said. We're committed to reducing our emissions in line with the Paris Climate Agreement to limit warming to well below 2C above pre-industrial levels, and pursuing efforts to limit the temperature increase to 1.5C above pre-industrial levels. With the Groups international flying operations still well below pre-pandemic levels, the repatriation of deportees at the request of the Australian Government has been limited to a low number of Involuntary Deportees. Therefore, there is a risk for the reduction of the Qantas Airline domestic market. 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. Policies Policies Find the information you need to service your customers with ease. click here. The Qantas Group is committed to ensuring the protection of all Disclosing Persons, information regarding the investigation process and the protections available to Disclosing Persons is available in the Policy. 4. Management Committee and the Board of Directors, for the purpose of assessing the performance of the Qantas Group. |w`ltDs:a^#8RW~s>br|7b}qa.}70}z? ;|k@@]Cv"}{ nvpw$/:`BZyY/UD0|pu!Hwm8m ZcAD19G&`BsGW'T'g0C-)> Ou3 ze1-?d*MM1xy{kxdzM]y=p5o=Mf[3*>v#AM It can come with a hidden cost to morale. It is usual for each risk to have a named risk owner. Risk management is an integral part of all organisational process. Qantas hiring Airport Duty Manager - San Francisco in San Francisco We also report our findings in the Qantas Group Annual Review. If there is a fire, I'm required to run towards it. Tino La Spina will move to the role of Chief Executive Officer of Qantas International on 1 October 2019, with Vanessa Hudson formally commencing as the Groups new Chief Financial Officer on the same date. All our suppliers are required to comply with Qantas' $75,000-$85,000 USD. The Qantas RAP has been accredited to Elevate status, meaning we are a leader in corporate Australia. Learnabout how we're managing our climate risk by enhancing our understanding of the physical and transitional risks, as well as emerging opportunities that may arise from a changing climate. Opens in a new window Involuntary Deportees include persons who overstay working visas, are denied entry for visa irregularities, and criminal extraditions. Environment Policy; 6. Likewise, bullying or any form of occupational violence in the workplace is not tolerated. In FY22 we engaged external expert advisors to conduct a refresh of the Groups previous saliency assessment. After three years and $7 billion in statutory losses due to the pandemic, the Qantas Group has returned to profit with a record result for the first half of FY23. Upgrade your web browser for an enhanced experience. Tony Lucas has been a pilot for 30 years, 27 of those with Qantas, and he has risen through the ranks to become a check and training captain. 2008/09 Qantas Data Book . After COVID devastated aviation in 2020, Qantas announced it would retrench 1,700 ground staff at Australia's major airports. Re-establishing key governance forums such as the Supply Chain Assurance Leadership Council and business-led supplier governance mechanisms and internal working groups. We set mandatory requirements to manage and protect the health and wellbeing of our employees and contractors governed by the Our Requirements for Health standard and our mandatory minimum performance requirements for risk management, as well as local regulatory requirements, standards and procedures. Since its privatisation 30 years ago, it has been finding creative ways to cut labour costs. He joined Qantas in 2006 as General Manager Strategy, then CFO and Head of Commercial for Loyalty and was Group Deputy CFO from August 2009 before being appointed Group CFO in March 2015. Harassment in the workplace is not tolerated and is a form of discrimination if it is based on an unlawful ground such as gender, race or disability. _^)%Ngx:(uC$[[$[[$[[$[[$[[$[[d"Ssmf_:'c[tlWzgpf J endstream endobj 37 0 obj <> endobj 38 0 obj <> endobj 39 0 obj <> endobj 40 0 obj <>stream Further detail on our supply chain assurance program can be found in our Modern Slavery Statement. Opens in a new window The two TMCs officially came together on 1 January, 2023, after the larger Gattinoni Group (which also . The Qantas Board of Directors is responsible for confirming that Qantas has an appropriate corporate governance framework to ensure the creation, protection and enhancement of shareholder value. Contract Engagement, Review and Execution Policy; 4. 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". We hold ourselves to high standards in everything we do and give others the information to evaluate our performance. The Qantas Group entered the crisis in better shape than most airlines. FY23 Preliminary Final results announcement. However, it saysit requires fewer engineers than it had pre-COVID because maintenance requirements are much lower, with its 747-fleet retired and international capacity down. Andrew is also the Qantas Group Company Secretary. All items in the FY21 Results Presentation are reported on an Underlying basis, unless otherwise stated. This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. . The latest FRMS was given the thumbs up by Australia's aviation safety regulator, CASA, following a 12-month trial. 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. "All the disruptions that we're getting, none of them, in and of themselves, are anything different to what we deal with on a day-to-day basis," he told ABC's Four Corners. Prior to joining Qantas, Rob was a Partner with Bain & Company in Los Angeles and Sydney working across multiple industries, with an emphasis on media, technology and telecom businesses. At the heart of our everyday activities are a set of business principles and commitments that ensure fair dealing and protect stakeholder interests. To Andrew moved to Australia in 2005 from New Zealand where hed spent thirteen years with Air New Zealand in various executive roles. Vanessa has a Bachelor of Business and was admitted as a Member of the Institute of Chartered Accountants in 1994. In disclosing our financial performance, we comply fully with ASIC regulations, ASX rules and broader global reporting standards. We do this by implementing an effective risk management framework that is embedded in the Bank's processes and culture. Safety, Health, Environment and Security Committee: Antony Tyler (Chair), Alan Joyce, Belinda Hutchinson and Michael L'Estrange. People are the core of our business, and our commitment to respect human rights, which includes labour rights, starts in our own operations. Implementing human trafficking training for our aircrew to support identification of, and responses to, suspected instances of trafficking. Swot Analysis Of Qantas Group - 1205 Words | Bartleby So when we think about sustainability today, we define it in simple terms. Sustainability Portal . "Unfortunately, that has been usedas a threat to the pilots. Qantas Airline: Risk Management Plan Part 2: Risks Facing Qantas Airline Group The risks facing Qantas Airline can be identified as illustrated in the diagram below; SWOT Analysis Diagram Other Tools and Techniques Tool Identification Techniques Probability and Impact Matrix Risk Data Quality Management Expected Monetary Value Analysis Qantas risk management practices capture threats and opportunities that have been assessed using the QRAG, with risks reported to Executive Management based on their significance (risk rating and/or consequence levels). Opens in new window. Legal Matter Policy; 8. Opens in new window We test the strength of our culture through annual employee surveys and analysis of retention and turnover, using the insights to find out what's important to our employees and how we can improve in future. 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. The Qantas Group is committed to implementing policies and procedures that meet our moral and ethical obligation to end Modern Slavery. Commercial experience with contract management Across our workforce, we maintain an 'informed culture' of safety and security. and Acting Responsibly. Risk Management - Morgan-Aly Wealth Management Group - Waukesha, WI In addition to the human rights due diligence and risk assessment of new and recontracting suppliers, we commenced work to assess our existing unassessed supplier base. click here. I work in a safety environment, on a heavy piece of machinery. The three principles that guide us are: operating with integrity (through our safety, people, community and environment strategies). He was Chairman of the International Air Transport Association between July 2012 and June 2013. Risk management Observations. Opens in a new window "So, all four of those working together,side by side, pushing carts, handing out meals on one plane.". 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. Risk management explicitly addresses uncertainty. Our Code of Conduct and Ethics and our Group Business Practices document outlines the obligations of our employees, contractors and those we do business with in relation to anti-bribery and corruption, and together with guidance from global regulators, collectively form our anti-bribery and corruption compliance program. As a matter of fact, only particular people are gifted with a talent for writing. And, above all, achieve the highest standards of safety and integrity. 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He has been involved in start-ups, mergers, acquisitions and major change programs. Investor day 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. 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. Naren Kumar was appointed Acting CEO of Qantas International in April 2019. Strong corporate governance sets the basis for the effective management of long-termrisks and opportunities, and positions the Qantas Group to create, protect and enhance shareholder value. as a single source of publicly available policies, procedures, initiatives and performance indicators across our material issues, starting with our Climate Change and Carbon Disclosures. Why Platinum, Qantas, Red 5, and Zip shares are dropping today endobj We have established systems and processes to ensure our suppliers (or the partners we work with) prioritise safety and sustainability in the same way we do. SHOW MORE Mr Joyce served as founding Chief Executive Officer of Jetstar for five years from October 2003, establishing its operations in Australia and across Asia. )urWubOrG@jSaGL3TQVQd; zt LR*E%p5s0"{a6z ,6(}`uh9!>_F#>U jyYdQ'n'TR6E]Mh"R(g&KLytK)i[yjMi%\RoJERtpzMnin7}xgeI: /&'!GmU0yDfT2!E'rP[V&HMs`%P,R!N&32&i>&B*E* Qantas has said "data shows a lower rate of incidents compared to when ground-handling was done in-house". The Civil Aviation Safety Authority has endorsed multiple safety and risk management systems at Qantas, and no-one is suggesting there is currently any systemic risk. An important element of this is to ensure we continue to refine the findings of our climate scenario analysis and incorporate them into strategy and planning decisions. Opens in new window. TheQantas Group Business Practices Document (PDF)provides an overview of our beliefs, values and business practices and highlights the standards to be upheld by all employees. "And then what they do is, they play one group of pilots off another group, and essentially threaten to take the flying a group of pilots is currently doing and give it to another group of pilots.". The Qantas Group announced its Chairman succession on 28 June 2018. It's been prepared to take really destructive decisions in pursuit of the bottom line.". He recalls how, on some flights, he would work alongside staff from a UK Qantas subsidiary, a New Zealand Qantas subsidiary and legacy staff, on different pay and conditions. Upgrade your web browser for an enhanced experience. Bags are being loaded onto aircraft incorrectly. 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.