Our corporate governance processes support risk mitigation, ensure appropriate and transparent business practices, and underpins the delivery of our commitments.
We understand the importance of effective and sustainable processes at the Terminal for our staff, shareholders, and stakeholders. An operations and maintenance contract between NQXT and APO outlines performance targets.
We have the following frameworks in place:
- Management of an information security model to protect business and customer information.
- Ensuring appropriate financial controls and audits are implemented to manage financial risks.
- NQXT third party accredited AS/NZS ISO14001:2015 Environmental Management System and AS/NZS ISO45001:2018 Safety Management System.
- APO third party accredited Environmental, Safety and Quality management system to AS/NZS ISO14001:2015 Environmental Management System, AS/NZS ISO45001:2018 Safety Management System and AS/ NZS ISO9001:2015 Quality Management System.
Our Focus Areas
At NQXT, we have identified four strategic focus areas within our corporate governance that we believe are key to driving sustainability and sustainable processes at the Terminal.
Executive driven sustainability
A sustainability mindset is in place across NQXT and Abbot Point Operations, led from the executive leadership team. Sustainability metrics are included in monthly reporting, as is best practice. Environmental considerations drive executive decision making and change management
Transparent communication and reporting
Ensuring our communication to stakeholders is effective, clear and easily understood, we strive for open communications that address stakeholder concerns.
We report monthly to key stakeholders regarding:
- Health, safety and environment,
- Community and quality,
- Financial aspects,
- Production and logistics,
- Maintenance and engineering.
This regular reporting framework allows us, and our stakeholders, to stay abreast of any developments and rapidly pivot our operations and sustainability needs
Quality assurance, management & regulatory compliance
Our operations involve ongoing quality assurance and management requirements. Adherence to these requirements is a key focus for NQXT and Abbot Point Operations to ensure we can sustainably deliver our operations over the long term. Our Terminal has some of the strictest compliance measures across all Queensland terminals. We meet our regulatory compliance obligations.
Data management, privacy & cyber security
At NQXT, we use and develop a significant amount of data every day. Data management and privacy is important to us, ensuring our cybersecurity risks are managed and mitigated to the greatest extent possible.
The Terminal holds a range of approvals in relation to onshore and offshore operations and the planning and zoning that underpins the Terminal infrastructure and supporting infrastructure such as roads, power, water and rail access.
Compliance with these requirements is non-negotiable and integrated into our commercial and operational agreements.
Both NQXT and APO are committed to ensure our activities comply with approvals and relevant regulations and legislation.
Environmental Data Integrity
APO’s environmental monitoring activities, such as air and water quality monitoring, generate a significant volume of data that requires interpretation and secure storage.
In 2020, we embarked developed an electronic process to manage the suite of environmental monitoring data we produce and use, replacing the previous system of manually transferring information between databases.
In a partnership with professional database developers, APO built a digital Environment Tracking System (ETS) solution. This system allowed for:
- The removal of human error in the data entry process.
- A single location for environmental data.
- System flexibility for changing business needs.
- Significant efficiency gains through data upload directly from service providers.
- Significant increase in the security of data, restricting the capability for data to be lost or compromised