Transurban FY26 Corporate Report Governance and risk
Improved HSE performance for FY26, complemented by the roll out of enhanced wellbeing and psychosocial initiatives. Change in threat within FY26
Threat
Trend
Example management responses
Ensuring the safety and wellbeing of employees and contractors Due to the nature, scale and complexity of our operations, employees, contractors and other stakeholders could be exposed to harm or suffer wellbeing issues if business controls are inadequate.
• Safety reporting and management systems that enable detailed analytics • Implementation of procedures for occupational violence and aggression and exposure to potentially traumatic events • Psychosocial Risk Steering Group and other HSE review meetings • Contractor management and engagement to ensure implementation of Transurban critical risk minimum requirements • Ongoing development and implementation of the Transurban HSE culture including delivery of psychosocial working group, wellbeing initiatives and support services • HSE training and awareness including practical exercises • Proactive HSE observation and Action Plan activities linked to employee performance KPI • Roll out of initiatives to foster a physically and psychologically healthy workplace • Regular internal and external reviews of our HSE frameworks and management system • Implementation of CCAPs • Credit ratings protection through Transurban’s cash flow from established concessions, which are supported by embedded tariff escalations • Regular reporting of funding activities, performance against key metrics, compliance, operational issues/breaches • Annual review and approval by the Board of the Treasury Frameworks, Treasury Policy and Funding and Market Risk Committee Charter • Reviews of the Capital Strategy and the Funding Plan • Monthly reporting of compliance against policy limits, targets and covenants to ensure compliance with risk appetite • Debt book management • Stress testing of debt exposure based on market assumptions • Disciplined approach to development, M&A and investment opportunities • Effective management of costs, debt and balance sheet • Framework to prioritise our capital allocation and refreshing our Distribution Policy
Balance sheet management Volatility in interest and foreign exchange rates, together with any change in our ability to access capital, could impact funding costs both for new projects and our existing business
Risk remains a focus given current geopolitical and macro- economic conditions
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