Responsible governance

Sustainability commitments

Our sustainability commitments align with the strategic framework that guides our networks and are embedded in our culture, planning and operations.

In this way, sustainability is shaping our transformation as a future focused and customer centric organisation that generates broad benefits for the communities we serve.

Our governance system

A tiered governance system oversees and manages our approach to Environmental, Social, Governance (ESG) matters. This involves our Board, executive, senior management and operational personnel. Through the existing risk management, finance and other governance systems we ensure a high standard of compliance.

CitiPower and Powercor are owned and managed by Victoria Power Networks (VPN). The VPN Board of Directors has overall responsibility for corporate governance and the strategic direction including our performance in sustainability. Working with the executive and senior management, it also ensures appropriate policies, procedures and systems are in place to support:

• Sustainability management and governance
• Financial, risk and corporate governance
• Cyber, privacy and data security
• Responsible supply chain management
• Workplace behaviour and employee conduct.

All business risks, including sustainability related risks, are assessed, prioritised and managed under our internationally certified Enterprise Risk Management Framework.