Good corporate governance is a fundamental part of the culture and business practice of Energy Queensland (EQL) and its subsidiaries.
Our main governance objective is to achieve our business outcomes aligned with our ethical, social and environmental responsibilities.
EQL (ABN 96 612 535 583) is the parent company of the following operating subsidiary companies:
- Energex Limited (ABN 40 078 849 055)
- Ergon Energy Corporation Limited (ABN 50 087 646 062)
- Ergon Energy Queensland Pty Ltd (ABN 11 121 177 802)
- Yurika Pty Ltd (ABN 19 100 214 131)
- Metering Dynamics Pty Ltd (ABN 58 087 082 764)
- Ergon Energy Telecommunications Pty Ltd (ABN 34 106 459 465) trading as Yurika Telecoms
whose main business is regulated electricity distribution, delivery of energy services and other unregulated business activities.
EQL is governed by a Board of Directors whose primary role is to provide effective governance, oversight and strategic direction of the affairs of EQL to ensure the interests of the shareholding Ministers are protected, while having regard for the interests of all stakeholders including customers, employees, suppliers and the community.
Our corporate governance practices are in line with the Australian Stock Exchange (ASX) Corporate Governance Council Principles and Recommendations, where applicable, and the Queensland Government’s Corporate Governance Guidelines for Government Owned Corporations. These provide a framework of eight principles that guide our corporate governance arrangements.
To learn more about our Corporate Governance policies, visit our Energy Queensland governance webpage.