46 INTEGRATED ANNUAL REPORT 2022 The SOCIAL & ETHICS COMMITTEE oversees the activities of the NCT group in compliance with the provisions of the Companies Act no 71 of 2008 and to oversee matters provided for in the Co-operatives Act no 14 of 2005. The Social and Ethics committee plays an imperative role by overseeing activities which adds value to all our stakeholders and promotes a sustainable business. This report contains the NCT group activities for the year ending 28 February 2022. Management D Knoesen LJ Simpson VC Dladla CH Norris J Kotzé Frequency of meetings 03 March 2021 08 June 2021 11 November 2021 Role of the committee The Committee has an independent role with accountability to the NCT Board and does not assume the functions of management. Activities The integrated report sets out details of all matters falling within the committee’s mandate. In addition to receiving management reports on these matters, it also focused on the following: • Social and economic development projects • Sustainability management plan • Corporate social responsibility projects • BBBEE • Environmental matters related to certification, pests and disease, the implementation of the NCT Green policy, and the Oribi project • Health and safety matters • Public relation matters with focus on the member survey, and various publications involving NCT • Employment and labour matters with focus on the employment equity report, union matters, and employee survey • NCT community matters • Reviewing a social and ethics checklist Assurance from the committee Chairman The committee submits this report as a fair representation of the NCT group activities for the year ending 28 February 2022. The integrated report sets out some of the activities which falls under the committee’s mandate to review. I am satisfied that NCT is complying with its social and ethical responsibilities and substantially complies with the monitoring elements provided for in the Companies Act and The Co-operatives Act. I am pleased to report that NCT has substantially complied with the seven Co-operative principles. The committee shall remain committed to its mandate and improve on business practices to the benefit of all stakeholders MT NGUBANE | CHAIRMAN – SOCIAL AND ETHICS COMMITTEE Membership The committee is made up of three non-executive directors and five members of the executive management team. Each member of management plays a significant role in overseeing matters within the scope of the committee’s mandate and is assisted by support staff throughout the year. Directors MT Ngubane (Chairman) JF Mason NC Motloli Committee composition Board committees
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