Icon Energy Annual Report 2019

15 Icon Energy Annual Report 2019 Company – wide assessment at 30/6/2019 Board Management Employees Born in Australia 67% 33% 40% Born Overseas 33% 67% 60% Male 100% 100% 60% Female – – 40% Aged 21 to 30 years – – 11% Aged 31 to 40 years – – 33% Aged 41 to 50 years 17% – 22% Aged over 50 years 83% 100% 33% The Diversity Policy includes a commitment to promoting gender diversity each year. The 2018/19 objectives were measured as follows: 2018-2019 Diversity Objectives Results To support and promote the Company’s Diversity Policy In Place To ensure that candidate lists for permanent employee positions are recognisably diverse by age, sex or ethnicity In Place To consider diversity when reviewing Board succession plans with the aim to improve gender representation and diversity In Place To increase the representation of women in senior management roles by ensuring that any interview process includes male and female candidates to be interviewed for a senior executive position To be achieved. No new senior management or any company positions were available in the 2018-19 year To ensure the voluntary turnover in female employees is no greater than organisation turnover levels Achieved 2019 – 2020 Diversity Objectives To support and promote the Company’s Diversity Policy, including, the identification of additional suitably qualified external female candidates To ensure that candidate lists for permanent employee positions are recognisably diverse by age, sex or ethnicity To consider diversity when reviewing Board succession plans with the aim to improve gender representation and diversity To increase the representation of women in senior management roles by ensuring that any interview process includes male and female candidates to be interviewed for a senior executive position To ensure the voluntary turnover in female employees is no greater than organisation turnover levels. Ethical Standards The aim of the Company is to ensure that all Directors, managers and employees act with integrity and promote ethical and responsible behaviour which will enhance the reputation and performance of the Group. The Company has an approved Code of Conduct and Ethics and a Share Trading Policy. A copy of these Policies and all corporate governance information, can be found in the Corporate Governance Section on the Company’s website. Code of Conduct and Ethics The standard of behaviour required of Icon Energy’s Directors and employees, as well as of contractors engaged to perform work on behalf of the Company requires: −− Them to act in the best interest of the Company and create value for the Company’s shareholders and stakeholders; −− Them to act honestly and with integrity and fairness in all dealings with each other and third parties; −− Compliance with all laws and regulations which govern the Group and its operations; −− Avoidance or management of conflicts of interest. The Company has a process in place for Directors, employees and third parties to report potential breaches of the Code of Conduct and Ethics.