Page 55 - CJ 2019 INTEGRATED REPORT

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CORPORATE
GOVERNANCE REPORT PRINCIPLE 1 - GOVERNANCE STRUCTURE
The Board Statement of Accountabilities
The Board is is responsible for for for for leading and and and and and controlling the the the Company Company and and and and and meeting all legal and and and and and regulatory requirements It is is is accountable for for for for for the the the the performance and and and and and and affairs of the the the the Company Company Company and and and and and and for for for for for value creation in in in in in in a a a a a a a a a a a a a a a a a a a a a a a a a a a a a a sustainable manner The Board is is also responsible for for for for ensuring that the the the the Company Company adheres to high standards of of of ethical behaviour and acts in in in in the best interest of Shareholders INTEGRATED REPORT 2019
The Board Board operates within a a a a a a a a a a a a a defined governance framework which provides for the effective delegation of of of some of of of of its powers to to established Board Board Committees and management functions with with clear lines of of of of responsibilities as set out in in in in in chart below A proper reporting mechanism is is is is in in in in in place to to to to ensure that matters affecting the the the the the the affairs of of of of the the the the the the Company are escalated to to to the the the the the Board Board Board by the the the the the Chairpersons of of the the the the the Board Board Board Committees This enables the the the the the Board Board Board to to to discharge its duties more effectively Shareholders Board of Directors
Audit & Risk Committee Corporate Governance Committee Human Resources
and Organisational Effectiveness Committee Strategy & Finance Committee Nomination and Remuneration Committee Managing Director Senior Management Team
The Terms of of of Reference of of of the the Board’s Committees provide for a a a a a a review thereof on an an annual basis