DEXUS Funds Management Limited is the Responsible Entity of each of the four trusts that comprise DEXUS Property Group and is the investment manager for private client property mandates. To ensure consistency of governance across the DEXUS funds and mandates, the Board has established a corporate governance framework to apply to these funds and mandates.
Each year we review our policies and practices. In 2011 we developed a Board membership policy which acknowledges the benefits to DEXUS of our Directors holding membership of other boards, while at the same time recognising the additional effort and potential conflict involved in being a director of multiple boards. View Board Membership policy.
We have also taken the opportunity to undertake a detailed review of our policies on ethical and professional behaviour. This included the development of a stand-alone Anti-bribery policy.
In 2010 we formalised our diversity policy to reflect our belief that diversity is a competitive advantage for our investors. In June 2011, we agreed objectives and one of these was to achieve at least 33% female participation in senior management and the Board by June 2015. View Diversity principle.
The following documents outline our corporate governance framework:
ASX Corporate Governance recommendations