Corporate Governance Structure of AGL and Origin Energy in 2018

Running head: AUSTRALIAN ENERGY SECTOR
Australian Energy Sector
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AUSTRALIAN ENERGY SECTOR
Table of Contents
Summary....................................................................................................................................2
Introduction................................................................................................................................3
Discussions.................................................................................................................................3
Conclusion..................................................................................................................................5
Reference....................................................................................................................................6

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AUSTRALIAN ENERGY SECTOR
Summary
Origin Energy and AGL Energy are the two companies that are listed on ASX and
two of these companies are determined to make sure that the corporate governance structure
and policies and practice are of a standard which will be on the top position in the market.
The two companies have effective knowledge of the corporate governance structure and the
company has implemented the ASX corporate governance principles efficiently. The report
contains a details of the corporate governance policies, structure and practices and a detail of
the main governance issue of AGL and Origin Energy for the period of the financial year
2018.
The report is prepared with the aim to mention and compare on the corporate
governance structure of the two organisations that are listed in ASX and how effectively the
companies have implemented the ASX corporate governance principles and references in
their organisation. the focus of the report is on the customer requirement, financial
performance the strategy that the company made to assess the upcoming growth and
development and assurance towards the society and to the customers (Penesis et al 2018) .
The selected companies are the two major energy providers in Australia that are
engaged in both the production and retailing of electricity and gas for domestic and
marketable use (Chen, et al 2017).
In comparison to AGL Energy, Origin Energy is larger in size in retail market of
Australia. Origin Energy is listed in the ASX with a market capitalisation of $15.84 billion.
The Origin Energy take over the retail business of essential energy and country energy at the
time of privatisation of these two companies by the government of new south wales. At
present after the acquisition of the two companies the customer base of Origin Energy has
increased to 4.3 million and most of there customers were based in the south Australia,
Victoria, new south wales and Queensland. The largest generation function of 6010 MW of
capacity has been operated by the Origin Energy. The company also possesses or have
interest in a widespread function of upstream assets which includes the production of
electricity, evacuation of gas, and also diffusion of gas (Wilson and Pender 2017).
All sorts of information have been gathered by us that are related with the companies’
corporate governance structure and policies done by proper analysis, I have observed that the
policies and framework of corporate governance of Origin Energy is far better than the AGL
Energy (Teske et al 2017).
Introduction
The financial year 2018 was perceptible by public with regard to public policy as the
prices of gas and electricity increased over the year. For this reason, the electricity industry
endures to stay in under presidential level of monitoring. As most of the portion of the
electricity and the gas industry is acquired by AGL and Origin Energy they are responsibly
funding continuous solutions for energy related problems. As associated with the NSW