LEADERSHIP PRINCIPLES
We are one Grindrod, transparent and honest, united by a bold purpose and clear strategy.CORPORATE GOVERNANCE REPORT
King IV disclosure
A sound corporate governance framework commits Grindrod to high standards of business ethics.
Our framework is aligned to Grindrod's purpose and core values; guides the Board, as the guardian of responsible corporate governance, in the formulation and implementation of the Grindrod strategy to achieve targeted performance and create sustainable value for all stakeholders; comprises appropriate policies, procedures and executive powers to ensure that governance objectives are properly implemented, managed, reviewed and adjusted and ensures compliance with legislative and regulatory requirements.
COMMITTEE REPORTS
The committees established by the Grindrod Board play an important role in safeguarding and enhancing governance and effectiveness in the Group and assist the Board in the effective and diligent execution of its duties. Board committees contribute to achieving the good governance outcomes of ethical and effective leadership required by King IV.
MANAGING PERFORMANCE THROUGH REMUNERATION
Background statement
2022 focus
The Remuneration committee's top priorities remained the implementation of remuneration strategies and practices that support the effective execution of Grindrod's overall strategic objectives and the appropriate remuneration of staff. Measures include competitive remuneration, bonus structures, benefits structures, growth and career development opportunities.