Governance
Our commitment
We are committed to conducting business with integrity, professionalism and diligence. Our governance structure provides strategic direction and oversight, focused on long-term sustainable value creation.
Our approach
Impala Terminals Group has an independent Board of Directors. The Board is responsible for overseeing the Group's strategic direction, ensuring effective management, and protecting the interests of stakeholders, including shareholders, employees, and the broader community. The Board is supported by the Supervisory Committee and the Management Committee and specialized sub-committees
The Supervisory Committee oversees and monitors the activities of the Group and makes the necessary recommendations to the Board for approval. Its primary role is to ensure that the Group operates in line with its strategic and business objectives and in compliance with relevant laws, regulations, and internal policies, and that it adheres to sound governance principles.
Our highly experienced Management Committee is responsible for the day-to-day management and operations of the Group. Its primary role is to oversee and implement the Group’s strategic objectives, policies, and operational plans. The management team meets regularly to review strategic planning and execution, operational management, risk management, financial management, compliance and governance, and talent management and leadership.
Compliance
We are committed to operating in compliance with applicable laws and regulations. All employees are required to commit to our Code of Business Conduct regardless of their role or where they work. We promote a strong compliance culture, one where all staff recognise their personal and collective compliance responsibilities. This is underpinned by our expected high standards of behaviour from all our people founded on honesty, integrity and respect. These values are enshrined in our Code of Business Conduct, which is aligned with applicable laws and relevant international standards and reflects the evolving regulatory environment within which we operate.
The Code is the foundation of our compliance programme, supplemented by our compliance policies and procedures. It is the responsibility of all employees to uphold the values and standards contained in the Code. All staff are required to complete training on the Code and associated policies and procedures, and we place high importance on regular employee communication, upskilling and training as part of our compliance programme.
Grievance mechanism and Speak Up
Employees and contractors can raise concerns through several channels, including through their immediate managers and to the Legal and Compliance or Human Resources teams. In addition, employees, contractors and other stakeholders can report anonymously through ‘EthicsPoint’, a 24-hour multilingual telephone ‘hotline’ and online reporting service provided by NAVEX Global, which we subscribe to via one of our shareholders. We encourage our employees and external stakeholders to identify and report any concerns related to actual or perceived impacts.
