Benchmarking our Commitment

When evaluating our own corporate governance practices, we take into consideration the guidelines provided by the Public Sector Commission (PSC). In addition, we apply the Australian Securities Commission (ASX) Corporate Governance Council principles within our own operating context. Our commitment, supported by the information throughout this report, is demonstrated in this table alongside the PSC and ASX principles.

PSC Guidelines	ASX Principles (4th edition)	Our Commitment
Government and public sector relationship — The agency’s relationship with the government is clear		We have structures in place to ensure clear lines of communication with the Minister for Transport, our Portfolio partners and other government agencies including the capture and reporting of interactions
Management and oversight — The agency’s management has clear oversight and accountable and defined responsibilities	Lay solid foundations for management and oversight — A listed entity should clearly delineate the respective roles and responsibilities of its board and management and regularly review their performance	Keeping WA Moving clearly outlines our Aspiration, Strategic Areas of Focus, and Values. Corporate Executive has a charter and Performance Agreements are in place across the organisation at all levels
Organisational structure — The agency’s structure serves its operations	Structure the board to add value — A listed entity should have a board of an appropriate size, composition, skills and commitment to enable it to discharge its duties effectively	Corporate Executive is our main governance body and is made up of the leader from each directorate and is supported by several subcommittees. Details of their roles and achievements are included in this report including performance reporting
Operations — The agency’s plans its operations to achieve its goals		Our Business Planning and reporting process ensures that our activities are aligned to our strategic plan and achieving the outcomes for each of our services.
Ethics and integrity — Ethics and integrity are embedded in the agency’s values and operations	Instil a culture of action lawfully, ethically and responsibly — A listed entity should instil and continually reinforce a culture across the organisation of acting lawfully, ethically and responsibly	Our Integrity Framework and Code of Conduct ensure our commitment to professional behaviours that are consistent with our values and guiding principles. These are included in all inductions for new employees and contractors into the business
People — The agency’s leadership in people management contributes to individual and organisational achievements		Workforce planning across the Portfolio is a high priority and we invest in leaders who will genuinely challenge the status quo. A culture of diversity and inclusion is actively promoted and supported
Finance — The agency safeguards financial integrity and accountability	Safeguard the integrity or corporate reports — A listed entity should have appropriate processes to verify the integrity of its corporate reports	Financial integrity is achieved through our Financial Management Manual, Internal Audit Charter and internal processes. The Budget Committee reviews and manages our financial performance monthly
Communication — The agency communicates with all parties in a way that is accessible, open, and responsive	Make timely and Balanced Disclosure — A listed entity should make timely and balanced disclosure of all matters concerning it that a reasonable person would expect, to have a material effect on the price or value of its securities	To provide consistent communications and services of value we work with the community and our customers by understanding their needs. We have high levels of engagement through conventional, digital, and social media approaches and have strong customer complaint handling in place including Freedom of Information and Public Interest Disclosure procedures
Risk management — The agency identifies and manages its risks	Recognise and manage risk — A listed entity should establish a sound risk management framework and periodically review the effectiveness of that framework	Our Risk Management process is a part of our integrated annual business planning process. We work closely with our Portfolio colleagues to ensure consistency and enable tracking of high priority risks
Note: ASX Principle 6 – Respect the rights of security holders and Principle 8 – Remunerate fairly and responsibly are not appropriate in the context of a Statutory Authority such as Main Roads and are excluded from the table.