Corporate governance is a critical pillar of Thiess' operations.
We pair a lean and flexible structure with strategic rigour to ensure responsible, sustainable growth. Our governance framework creates the structure needed to provide accountability, as well as oversight and guidance.
Thiess’ financial objectives and corporate governance guidelines are established through our shareholder, CIMIC Group. These guidelines are an essential part of building confidence and maintaining solid relationships with our clients, stakeholders and staff. They are the key to our continued growth and success.
Code of Conduct
Our Code of Conduct sets out the standards of behaviour we expect from all of our people.
Our Group Annual Report reflects earnings from across CIMIC Group.
We encourage our employees, sub-contractors and partners to voice their concerns should they come across potentially unethical practices. People who speak up in good faith will be supported by the CIMIC Group for doing the right thing.
In some circumstances, people will prefer to speak to someone other than their manager about their ethical questions or concerns. The CIMIC Ethics Line provides another way for our employees, sub-contractors and partners to raise issues and have them investigated and remain anonymous should they wish to.
Our employees, sub-contractors and partners are encouraged to contact the Ethics Line if they are concerned that something doesn’t add up. For more information on the Ethics Line click here.
You can also contact the Ethics Line via the online disclosure form, post or fax. For details visit the Stopline website.
Rejecting modern slavery
We respect the human rights of all our people and those we work alongside, in our supply chain and the communities in which we operate.
We reject modern slavery practices such as debt bondage, child labour, forced labour and human trafficking which exploit vulnerable people.
Reducing the risk
To assess and address modern slavery risks, we leverage our integrated governance, compliance, procurement, and people frameworks, applying a disciplined and consistent approach.
Our Modern Slavery Statement describes how we identify, mitigate and prevent the risk of modern slavery, and remedy any impacts which may occur. Thiess was a wholly owned subsidiary of CIMIC for the reporting period 1 January 2020 to 1 December 2020 and contributed to the CIMIC Group’s Joint Modern Slavery Statement.
The Statement also details the actions we’ve undertaken in the past year, inclusive of Human Rights Impact Assessments, compliance audits and supplier screening; and our continuous improvement priorities for the current year. It tmeets the requirements of the Australian Government’s Modern Slavery Act 2018 (Cth).