Financial Crime World

Whistleblower Protections Enshrined in Perenti’s New Policy

Perenti, a leading mining company, has introduced a comprehensive whistleblower protection policy aimed at safeguarding employees who report illegal or unethical activities within the organization.

Effective Protection for Whistleblowers

The new policy provides protections for whistleblowers against:

  • Dismissal
  • Suspension
  • Alteration of their position or duties to their disadvantage
  • Threats of reprisals
  • Other forms of retaliation

In addition, whistleblowers are entitled to support, protection, and treatment throughout the disclosure process.

Reporting Concerns

According to the policy, eligible whistleblowers must inform the Speak-Up Protection Officer immediately if they have concerns about any illegal or unethical activities within the organization. The officer will investigate the matter and take necessary action to protect the whistleblower and ensure justice is served.

Immunities for Whistleblowers

The policy also provides immunities for whistleblowers who make disclosures in good faith, including:

  • Immunity from civil, criminal, and administrative liability
  • Protection against contractual or other remedies being enforced against them

Confidentiality and Support Mechanisms

Reports made by whistleblowers are confidential and cannot be used as evidence against them in any proceedings. The company will also provide support mechanisms for whistleblowers, including:

  • Leave without pay during the investigation process
  • Alternative work arrangements

Policy Oversight

The policy is overseen by Perenti’s Group General Counsel & Company Secretary, who is responsible for monitoring its effective operation and ensuring compliance with relevant laws and regulations.

Training and Review

Perenti has committed to providing training on the new policy and will review it every three years to ensure compliance with changing laws and best practices.

Conclusion

Perenti’s decision to introduce a comprehensive whistleblower protection policy sends a strong message that it values transparency, accountability, and ethical behavior. The policy is expected to encourage employees to speak up without fear of retaliation, promoting a culture of integrity and respect within the organization.