Yourstuffmade purpose statement and stakeholder clause
Yourstuffmade pty ltd has a legal requirement to commit to a higher standard of accountability in all decision making, even through leadership changes or capital raises. It signals to our investors, community, employees, and directors that our mission is embedded into the core of everything we do.
This legal requirement is a commitment to consider the impact of decisions on all stakeholders — employees, customers, suppliers, the community, and the environment. This aligns with our overall mission to change the space we trade in for the better and create measurable positive change.
- In discharging their duties under this constitution, the Corporations Act and the general law, the directors or other officers of the Company:
a. will include in their consideration the following factors
i. the likely consequences of any decision or act of the company in the long term; and
ii. the interests of the company’s employees; and
iii. the need to foster the company’s business relationships with suppliers, customers and others; and
iv. the impact of the company’s operations on the community and the environment; and
v. the desirability of the company maintaining a reputation for high standards of business conduct; and
vi. the interests of the shareholders of the company; and
vii. the ability of the company to create an overall positive impact on society and the environment; and
b. Need not give priority to a particular factor referred to in paragraph (a) over any other factor (included in paragraph (a) or otherwise).