In line with its essential role in the Victorian community and its status as a company limited by guarantee, Scope is committed to maintaining the highest standards of corporate governance. This applies across the organisation, but particularly at Board level.
The Board maintains a detailed Corporate Governance Framework that includes a Constitution, Corporate Governance Policies, Procedures, Charters, Delegations of Authority, Budgets and Board and Committee Reporting Calendars and processes. This Corporate Governance Framework is reviewed annually by relevant Committees and Board.
In performing its role, the Scope Board aspires to best practice governance standards and endorses:
- The Australian Institute of Company Directors Not-for-Profit Good Governance Principles;
- The Australian Charities and Not-for-profits Commission Governance for Good
- The ASX Corporate Governance Principles and Recommendations.
Scope’s Board Charter reflects best practice governance standards and is structured to provide clarity and flexibility to Board, management and other stakeholders. It is reviewed by the People and Governance Committee and the Board annually.