The Board’s ultimate responsibility is the provision of leadership to protect the current value of CleanCo and create longer-term value. This is outlined in the Board Charter (PDF 237KB), which defines the roles and responsibilities of the Board and its Directors.

The Board has established three committees:

• Audit and Risk Committee– the purpose of this Committee is to assist the Board in relation to its audit and risk responsibilities.
• People, Health, Safety and Environment Committee– the purpose of this Committee is to assist the Board in fulfilling its responsibilities in relation to our people, including.
• Energy Project and Investment Committee– the purpose of this Committee is to assist the Board with its investment management and delivery oversight of Strategic Projects as contained in CleanCo’s corporate strategy.

The CleanCo Board is comprised of seven independent, non-executive directors who have been appointed to the Board of CleanCo by the Governor-in-Council under the GOC act. The Board regularly assesses the independence of directors, and all actual, potential, or perceived conflicts of interests are assessed and managed in accordance with our Conflict of Interest Policy (PDF 199KB).

The CleanCo Board Charter (PDF 232KB) requires the Board to conduct an annual self-evaluation of its performance and independent assessments are undertaken every three years. The results of the external independent Board evaluation will be provided to shareholding ministers.

CleanCo evaluates Board performance through annual self‑assessments, triennial independent external reviews, continuous improvement discussions and Board meeting evaluations at each meeting. CleanCo also has oversight of committee performance via charter compliance and meeting attendance, while supporting director capability through a robust induction process, ongoing education opportunities and regular independence/conflict reviews. Further details and recent performance results can be found here Publications and Reports | CleanCo Queensland.

CleanCo embodies the highest of standards of conduct and ethical behaviour and decision making through our employee culture and through the following policies applying to all Directors, officers, employees and contractors:

Code of Conduct (PDF 332KB).
Conflict of Interest Policy (PDF 199KB)
Whistleblower and Public Interest Disclosure Policy (PDF 397KB)
Whistleblower and Public Interest Disclosure Procedure (PDF 182KB)
Fraud and Corruption Prevention Policy (PDF 252KB)
Insider Trading Policy
Modern Slavery Policy

At CleanCo we have an external whistleblowing hotline and online service giving our stakeholders an opportunity to speak up about dishonesty, fraud, unsafe environments, unethical and other inappropriate behaviour or misconduct.

The whistleblowing hotline and online service details are:

• • Your Call – Website 24/7 – using the org ID: CLEANCO

• • 1300 790 228 – between 9am and 12am – recognised business days AEST

CleanCo has a number of formal and rigorous processes that independently verify and safeguard the integrity of our financial reporting. Appropriate systems and controls as required by the GOC Act, Corporations Act, Financial Accountability Act 2009 (Qld) and current best-practice are in place. CleanCo’s auditor is the Auditor General of Queensland and we have an Audit and Risk Committee, guided by our Audit and Risk Committee Charter with a minimum of three Board Directors as committee members.

CleanCo is committed to transparency and the proactive, timely and balanced disclosure of information to our stakeholders and the Queensland community. We recognise that, as a Government Owned Corporation, clear and accurate disclosure supports accountability, builds trust, and ensures we meet the high standards expected of publicly owned entities. In line with the Queensland Government’s Corporate Governance Guidelines for GOCs, we ensure that material information about our performance, activities, and governance is communicated openly, accurately and without undue delay.

CleanCo adopts the Queensland Government’s ‘push model’ for information release and maintains a Publication Scheme to make key corporate information routinely and publicly available. This includes corporate documents, governance policies, reports, and other information released under our Right to Information and Release of Information Policy.

We also maintain robust internal processes to support protected disclosures and responsible reporting of wrongdoing under the Whistleblower and Public Interest Disclosure Policy. These processes help ensure concerns are properly assessed, investigated and managed in accordance with disclosure laws.

Through these mechanisms, CleanCo ensures stakeholders can access clear, reliable and timely information that reflects our commitment to openness, ethical conduct and strong governance.

CleanCo provides regular reports to our shareholding Ministers to keep them informed about our business strategy, goals and performance.

These include:

• A Corporate Plan for the next five years
• A statement of Corporate Intent (SCI) outlining goals and objectives for the next financial year
• Quarterly reports on our progress towards meeting the goals and objectives in the SCI
• An Annual Report detailing our performance for the financial year and progress in meeting goals in both the SCI and Corporate Plan

CleanCo is subject to the GOC Release of Information Arrangements. Our Right to Information and Release of Information Policy will demonstrate our compliance with these arrangements.

CleanCo acknowledges that effective and appropriate risk management is essential for building and protecting value, achieving our long term goals and objectives, and supporting strong corporate governance.

CleanCo’s Risk Management Framework is aligned with ISO 31000:2018 and provides a structured and consistent approach to identifying and managing risk across all organisational activities. The Risk Management Framework is overseen by the Board Audit and Risk Committee which reviews and monitors CleanCo’s risk management performance including quarterly reporting, conformance with the Board approved Risk Appetite Statement and annual assurance that the Risk Management Framework is effective and subject to continual improvement. Management reports to the Board on identified risks, control effectiveness, and recommended improvements.

CleanCo risk management practice are further supported by our key governance policies, including the Enterprise Risk Management Policy and Compliance Policy, which provide more detail on how risk and compliance are managed across the organisation.