Corporate governance and compliance

We maintain a strong culture of ethical conduct and compliance at all levels, earning our customers’ trust by keeping our promises and going above and beyond. Our people are the heart of our business. They matter. We respect their rights their talents and their contribution. Everywhere we work we make a positive difference to local communities. Our ability to innovate and maintain long term thinking results in operational excellence and fast, consistent action.

Our Board of Directors has established an independent regulatory compliance function to manage our compliance strategy. Sound corporate governance structures, policies and practices ensure that we act responsibly and transparently from an economic, social and environmental perspective, while creating sustainable value for stakeholders.

For more information, please refer to our latest annual report

OUR LEADERS

We are one Grindrod, transparent and honest united by a bold purpose and clear strategy. Always solutions-driven, we are committed to ensuring a safe working environment.

We simplify and innovate taking accountability for outcomes. Our immersive approach to our own business and our customers’ makes it possible for Grindrod to deliver its best.

Meet our leaders

ETHICS

Our greatest asset is our people.

Our core values underline Grindrod’s zero tolerance for bribery, fraud, extortion and all other forms of corruption. Our Anti-corruption Policy lays down the behavioural standards required to comply with anti-corruption laws and to combat corruption within our business. It also covers the aspects of conflict of interest, gifts and whistle blowing. Our policy has a wide application in order to strengthen our efforts to comply with international best practises in combatting all forms of corruption.

View or download our policies

risk management

We maintain a risk-conscious business culture.

Our risk management processes are designed to identify, quantify, prioritise, respond to and monitor the consequences of both internal and external risks and their associated opportunities. The processes also promote the ownership of risk areas and risk management accountability and are reviewed on a regular basis.

TRANSFORMATION / B-BBEE

B-BBEE initiatives facilitate the empowerment of historically disadvantaged South Africans through implementation of strategies targeting improvement of black business ownership – notably black-women ownership, skills development, preferential procurement practices, support of new and existing black businesses and socio-economic development in surrounding communities.

View or download the Grindrod Limited B-BBEE certificate and annexure/s
View or download the Grindrod South Africa B-BBEE certificate and annexure/s View or download the B-BBEE Compliance Report

PROCUREMENT

Our procurement transactions are conducted with integrity and the highest professional standards. We ensure that we comply with all relevant laws, with company procedures and policies and are respectful of cultural differences wherever in the world we operate.

STAKEHOLDER MANAGEMENT

As a good corporate citizen, Grindrod ensures that our stakeholder engagement is constructive, interactive and in support of business objectives. We promote stakeholder value creation in the short, medium and long term through sustainable development.