- Steve Booysen (Chairman)
- Anton Botha
- Renosi Mokate
Social, ethics and human resources committee
The report by the social, ethics and human resources (SEHRC committee) is set out on pages 30 to 32 of this integrated annual report.
Social, ethics and human resources committee report
The committee is constituted with a dual mandate. The statutory duties of the committee are discharged in terms of sections 72 (4) and (5) of the Companies Act, 2008, read with regulation 43 of the Companies Regulations 2011, which states that all listed companies must establish a social and ethics committee.
In addition to its statutory duties, the committee is responsible for the strategic human resources issues of the group, including remuneration.
Terms of reference
The committee has adopted a combined formal terms of reference which have been approved by the board and will be reviewed on a periodic basis.
Membership, meeting attendance and evaluation
The committee consists of three non-executive directors, all of whom are independent. At 31 March 2014, the committee comprised the following members:
Directors Period served
SF Booysen (Chairman) 20 March 2012 – current
AD Botha 17 May 2004 – current
SEN Sebotsa 1 January 2014 – current
Social and ethics statement
|Global responsibility protocols
- The group supports and respects the principles as set out in the UN Global Compact Code, OEDG’s recommendation on the prevention of corruption and the International Labour Organisation’s directive on decent work and working conditions.
- The group considers its workforce (a total of 35 employees as at 31 March 2014) to be its biggest and most important asset. Human rights and friendly labour practices are embedded in the company’s official values (refer to our value statement on page 12).
|Employment equity, B-BBEE, transformation
- The group has identified transformation as one of its critical success factors. A significant development in embedding transformation in the business was the conclusion of the Encha empowerment transformation transaction which, inter alia, saw Encha become a significant shareholder in the group and its CEO, Dr Sedise Moseneke, being appointed as an executive director.
|Corporate citizenship, consumer relations, and the group’s impact on the environment, health and public safety
- The group aims to be a good corporate citizen and to be active in uplifting the communities in which it operates. A report on our community involvement is presented on page 61. The group’s impact on the environment and health and safety are detailed on page 60 of this integrated annual report.
|Record of sponsorship, donations and humanitarian initiatives
- A register of the sponsorships, donations and humanitarian initiatives is maintained by the company secretary. For the year ended 31 March 2014, the total value of sponsorships, donations and humanitarian initiatives was c.R430 000.