Our governance framework highlights the important relationship between governance, risk management and culture, with the purpose of ensuring we act strategically, and with integrity, to effectively administer the carbon abatement programs for which we are accountable.
The framework is an essential part of our compliance with the PGPA Act and assists our Chair in their role as the accountable authority under this Act. It is designed to provide a better practice model for the agency to achieve optimal transparency and accountability, strong leadership and decision making, and an effective, collaborative culture.
The governance arrangements described within it include leadership roles and responsibilities, our corporate and governance committee structure, business planning, assurance processes and risk management, and it is supported in the agency through mechanisms such as delegations, policies and standard operating procedures. Internal management assurance in relation to governance and decision-making controls is supplemented through independent assurance provided by the agency’s Audit Committee. The internal audit program is guided by our strategic risks, scheme activities and corporate operations.
The CER will continue to review its governance framework and arrangements to maintain currency, reflecting the government's policies and priorities.