The Panel operates under a Terms of Reference and meets regularly to consider:
The specific activities and duties of the Code Review Panel are set out in section 3.2 of the Code.
The Panel consists of a chair and two ordinary members (three in total), whose representatives are all independent of the Code, and its signatories. The inaugural Panel was established in June 2021.
Virginia Malley
Chair
Virginia has over 30 years’ experience in the design, execution and oversight of strategic governance, risk management and compliance frameworks for financial and environmental institutions.
A former Clean Energy Regulator board member from 2012 to 2020 and Macquarie Group employee from 1987 – 2012, she now serves on various boards and committees including the NSW Biodiversity Conservation Trust, Perpetual Equity Investment Company Limited, Future Super Group and Pinnacle Fund Services Ltd.
Virginia also undertook the independent review of the Carbon Industry Code of Conduct in 2019-20.
Kim Lawrence
Ordinary Member
Kim has wide ranging commercial experience encompassing the energy, mining, commodities markets and banking and finance sectors.
She is a member of ARENA’s Advisory Panel, a non-executive director of Conservation International Australia and has previously held senior finance and investment roles at the CEFC, Low Carbon Australia and in Macquarie Group’s American commodities markets business.
She also has strong legal and compliance experience in the finance sector including Legal Counsel of the Commonwealth Government Corporation.
The Code Review Panel Terms of Reference document below details the roles and responsibilities of the Code Review Panel, and outlines the terms and process for appointment and retirement of the Panel members.