Page 33 - Niveus - Integrated report 2013

Report of the social and ethics committee
Members: Dr LM Molefi (chairman), JA Copelyn and A van der Veen
The social and ethics committee has pleasure in submitting this report, as required by sections 72(4) to
72(10)
of the Companies Act, 71 of 2008, as amended ("the Act"), and regulation 43 of the Act.
Functions of the social and ethics committee
The committee considers reports and information generated by the subsidiary companies and reports
back to the board of Niveus.
The social and ethics committee has discharged the monitoring functions in terms of regulation 43.5 of
the Act in terms of social and ethics development, including the standing of the company with regard to:
The 10 principles set out in the United Nations Global Compact;
The Employment Equity Act, 55 of 1998;
The Broad-Based Black Economic Empowerment Act, 53 of 2003;
Good corporate citizenship;
Environment, health and public safety; and
Labour and employment.
The corporate responsibility report on pages 30 to 39 incorporates the various aspects overseen by
the committee.
Moretlo Molefi
Chairman: SOCIAL AND ETHICS COMMITTEE
ATTENDANCE at BOARD AND SUBCOMMITTEE meetings
Board
Audit and risk
Remuneration
Social
and ethics
9
November
2012
19
March
2013
9
November
2012
27
February
2013
19
March
2013
17
May
2013
#
JA Copelyn
c
c
c
A van der Veen
MJA Golding*
A
A
MM Loftie-Eaton
KI Mampeule**
ML Molefi
c
JG Ngcobo
Y Shaik
c
c
A Apologies
c
Chairman
*
Resigned 24 May 2013
**
Appointed 10 April 2013
#
Inaugural meeting was held subsequent to year-end
CORPORATE GOVERNANCE
Niveus Investments Limited integrated Report 2013
29