Belararox Ltd. Upholds Governance, Lacks Diversity Goals

Belararox Ltd. (AU:BRX) has released an update.

Belararox Limited has reinforced its commitment to corporate governance by adhering to the ASX Principles of Good Corporate Governance, including a Board Charter that delineates roles and responsibilities, and establishing a performance evaluation process for the Board and executives. However, the company has yet to set measurable gender diversity objectives, citing the current all-male leadership and the company’s small size as reasons for not adopting specific diversity quotas at this time.

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