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The corporate governance policies of Foresta Foresta Group Holdings (Company) establish the framework of rules, relationships, systems and processes within and by which the board of the Company (Board) creates value for shareholders and exercises its authority and accountability in creating structures and control systems commensurate with the risks involved.
Fundamental to the Companies corporate governance structure is the adoption by the Board of the ASX Corporate Governance Corporate Governance Principles and Recommendations (ASX Recommendations) such as:
The Company recognises that its corporate governance policies and structure will need to evolve due to the changing business and regulatory environment in which it operates. The Board is committed to evolving its policies and structures to meet those circumstances.