GOVERNANCE

King IV functional areas

King IV's philosophy of integrated thinking and governance, promotes the integration of governance functional area and reports` back into the rest of the integrated reporting elements. Oversight of these functional areas is maintained by the Board and its subcommittees as follows:

 

KING IV FUNCTIONAL AREA   COMMITTEE OVERSIGHT   REPORT BACK
Risk   Audit, Risk and Compliance Governance of risk
Material risks and opportunities
Technology and information   Audit, Risk and Compliance   Technology and information governance
  Solutions segment
  Material risks and opportunities
Regulatory compliance   Audit, Risk and Compliance   Compliance report
  Social, Ethics and Transformation   Social, Ethics and Transformation Committee's report
  Social practices
Human capital
Assurance   Audit, Risk and Compliance   Approach and reporting frameworks
  Combined assurance
  Governance of risk
Audit, Risk and Compliance Committee's report
Stakeholder relationships   Social, Ethics and Transformation   Stakeholder relations
  Ethics in action
  Social, Ethics and Transformation Committee's report
  Responsible corporate citizenship
Corporate social investments
Remuneration Remuneration and Nomination Remuneration report