Overview
The
Companies Act of 2008 requires that the boards of all listed public companies, state
owned enterprises (SOEs) and companies with significant public interest should
have a social and ethics sub-committee. The introduction of social and ethics
committees emphasizes that companies have a significant social impact on the
societies in which they operate. They thus have to be responsible corporate
citizens – as stated in the Third King Report on Corporate Governance. This
workshop will explore how social and ethics committees should operate and how
they could fit into the overall corporate governance strategy of a company.
King Code of Governance principles (King III)
·
Principle 1.2: The board should ensure that the
company is and is seen to be a responsible corporate citizen.
·
Principle 1.3: The board should ensure that the company’s ethics is
managed effectively.
Key focus areas
·
The social
role/responsibility of business in the South African context
·
The governance
of ethics in King III
·
The mandate of
the Social & Ethics Committee
·
Strategies and
processes for an effective Social & Ethics Committee
·
"How we’ve
done it”: Company perspectives & experiences
Duration
Half day: 09h00
– 12h30
Presentation fees
IoDSA Fellow: R2 094
IoDSA Members: R2 512
Non Members:
R3 140
Includes: VAT, Course Material,
Refreshments & Lunch

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