The aim of the corporate governance report is to provide stakeholders with an overview of the group’s approach to corporate governance at both divisional and group level, and to demonstrate that the group’s businesses and assets across the globe are managed responsibly.
The ultimate responsibility for ensuring full and effective control of the group’s businesses rests with the board of Steinhoff International. Decisions are made by the board taking into account the legitimate interests and expectations of stakeholders and the sustainability of the group’s operations.
Any changes to the board, the composition and purpose of board committees and board responsibilities are contained in the group’s board charter. Information in this regard is available in the full corporate governance report.
The appointment, competence, qualifications and experience of the company secretary is considered annually by the board and reported on in the corporate governance report. Details of compliance to the principles of King III are set out in the check list, incorporating compliance notes to each principle.
The aim of this report is to provide shareholders with an overview of the group’s approach to corporate governance at both divisional and group level, and to demonstrate that the group’s businesses and assets across the globe are managed responsibly.Download report (PDF – 520Kb)
Register of the application of the 75 corporate governance principles as recommended in the King III Report.Download King III report (PDF – 450Kb)