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
Technology and Information Audit, Risk and Compliance Leveraging technology
Solutions segment
Material risks
Regulatory compliance Audit, Risk and Compliance Compliance report
Social, Ethics and Transformation Social, Ethics and Transformation Committee's report
Corporate social responsibility and community development
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
Effective and ethical leadership
Social, Ethics and Transformation Committee's report
Corporate social responsibility and community development
Remuneration Remuneration and Nomination Remuneration report