Corporate governance

Corporate governance promotes transparency and accountability. The roles and responsibilities of the Company, its shareholders, the Board of directors and management are set out in law and in the corporate governance documents detailed on this page.

Corporate Governance Statement

Cochlear's Corporate Governance Statement summarises the Company's corporate governance practices and incorporates the disclosures required by the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (4th Edition).

The Board is committed to applying the highest standards of corporate governance relevant to and appropriate for Cochlear's businesses. We continue to refine and improve the governance framework and practices in place to ensure they meet the standards expected by our shareholders.

 

Constitution and the Board

Cochlear is governed by a board of directors who, working with senior management, are responsible for overall business performance. Cochlear's Constitution defines the relationship between the Company, its shareholders, and the Board. The Board has adopted a charter to formalise and improve transparency regarding aspects of the functions and operations of the Board and its relationship with management.

 

Company Policies

Cochlear's business practices are governed by a series of codes and policies. It is the intention of Cochlear's board that these codes and policies are understood and strictly adhered to by all relevant parties and that they are reviewed and updated on a regular basis. These codes and policies include:

 

Cochlear Whistleblower Service

Please report any suspected or actual misconduct in relation to Cochlear to the externally-operated Cochlear Whistleblower Service. This is a confidential service, available anywhere in the world, at any time, and you can elect to remain anonymous (subject to local laws and regulations).

 

Board committees

 

Workplace gender equality

In accordance with the requirements of the Workplace Gender Equality Act 2012 (Act), Cochlear lodges its annual public report with the Workplace Gender Equality Agency.

 

Internal Audit

 

Declaration of conformity

 

Cochlear Nucleus Sound Processors

 

Cochlear Nucleus Remote Controllers

 

Cochlear Wireless Programming Pods

 

Baha® bone conduction implants

In accordance with requirements in the R&TTE Directive ( 1999/5/ EC ) you can find Declaration of Conformity for the Cochlear™ Baha® 4 Sound Processor, Baha® 5 Sound Processor, Baha® 5 SuperPower Sound Processor and the Cochlear™ True Wireless™ range here.