NQXT Pty Ltd’s governance procedures are overseen by our Board of Directors.
Our governance processes ensure that we operate transparently in a way that supports business efficiency, growth and risk mitigation.
Quarterly and annual reporting to the Board and key stakeholders occurs for both the Australian and Indian Financial Years.
We recognise that sustainability requires a whole of business approach.
NQXT Pty Ltd’s sustainability journey is underpinned by a robust sustainability framework that is grounded in our values and focus areas of People, Planet, Prosperity, Partnerships, and Governance.
Our Sustainability Roadmap was informed by an independent materiality assessment and sets out our path to continued excellence in the Environmental, Social, and Governance space.
Our Sustainability Roadmap includes both foundation areas – those we are already mature in and have embedded processes to drive continuous improvement in – and areas for specific future focus.
A core component of the governance frameworks is the implementation of ISO (International Organisation for Standardisation) in our safety, environmental and quality management systems.
NQXT Pty Ltd and APO maintain ISO certification, ensuring systems and processes are established and regularly reviewed to control risks to people, plant and the environment.
Terminal operations have held accreditation under the management systems standards ISO 9001 and 14001 since 2010 and 45001 (previously 18001) since 2014.
Accreditation is monitored and reviewed annually via surveillance audits conducted by an external, third-party, ISO certification body. Recertification occurs tri annually (every three years).
NQXT Pty Ltd is committed to safeguarding both the asset and the surrounding environment beyond the operational horizon. Under the 99-year lease agreement with the Queensland Government, we do more than commit to contribute to rehabilitation in a future state – we progressively fund the full rehabilitation cost of the asset and the land through annual instalments to the North Queensland Bulk Ports (NQBP) rehabilitation fund.
This structured funding model guarantees sufficient funds have been set aside to support an agreed comprehensive rehabilitation and monitoring plan when the time comes.
