Wesfarmers' Corporate Governance Statement is current as at the date of the company’s 2019 annual report, and has been approved by the Board.
The Board believes that the governance policies and practices adopted by Wesfarmers during the reporting period for the year ended 30 June 2019 follow the recommendations contained in the third edition of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (ASX Principles). Wesfarmers’ compliance with the recommendations contained in the ASX Principles is set out in the company’s Appendix 4G which is available on the corporate governance section of the company’s website at www.wesfarmers.com.au/cg.
The corporate governance section of the company’s website (details above) contains access to all relevant corporate governance information, including Board and committee charters, and Group policies referred to on page 11 of the 2019 Corporate Governance Statement.
It is noted that the fourth edition of the ASX Principles was released on 27 February 2019, and takes effect for a listed entity’s first full financial year commencing on or after 1 January 2020. Many of Wesfarmers’ corporate governance policies and practices set out in its Corporate Governance Statement also comply with the fourth edition of the ASX Principles.