Sun International Ltd/South Africa

Lobbying Governance

AI Extracted Evidence Snippet Source

The social and ethics committee is constituted as a statutory committee in respect of its statutory duties in terms of section 72(4) of the Companies Act, read together with Regulation 43 of the Regulations to the Companies Act, and as a board committee in respect of its responsibilities prescribed by the board in its mandate and terms of reference. [...] Management discharges this duty by reporting to the committee on the group's: [...] National Responsible Gambling Programme (NRGP) implementation. [...] Procurement spend, to ensure that it creates value across the group's broad supplier base and supports local procurement opportunities through enterprise and supplier development. [...] Management of ethics in line with best practice principles including in line with the 'Governance of Ethics Framework' that was developed by The Ethics Institute.

https://corporate.suninternational.com/content/dam/approved/corporate/investors/results/si_2023_integrated_report.pdf

The group's social and ethics committee focuses on environmental, health, safety and wellness, socio-economic development (SED), enterprise and supplier development (ESD), responsible gambling, ethics and the group's progress against broad-based black economic empowerment (B-BBEE) targets. Further, the policy revitalisation management sub-committee continues to review, update and consolidate group policies. [...] The ethics office strategy and implementation plan is premised on its mandate as set out in the social and ethics committee mandate and terms of reference and aligned to legislation and industry best practices, including the Companies Act, the Protected Disclosures Act, the King IV™ Report, and the ethics management framework established by The Ethics Institute. The ethics office is an independent, active and dedicated department within the group, comprising of the group ethics officer, chief financial officer, director: corporate services and director of internal audit. Its duties include, among others: ∞ Partnering with management to facilitate the enhancement of an ethical culture across the group and discouraging unethical behaviour to promote a sound ethical tone at the top. ∞ Contributing towards ethics risk management group-wide. ∞ Planning, organising, directing and controlling of all formal ethics-related group activities including creating awareness around and advising on standards of ethical behaviour and discouraging unethical behaviour. ∞ Providing oversight, management, coordination and reporting of whistle-blowing matters investigated through all incident reporting channels. ∞ Promoting ethics awareness group-wide through training, campaigns and surveys.

https://corporate.suninternational.com/content/dam/approved/corporate/investors/results/sun_international_environmental-social%20and_governance%20_report.pdf

The social and ethics committee functions as a statutory committee in line with its obligations under section 72(4) of the Companies Act, 71 of 2008 and Regulation 43. From a climate-related issues perspective, the group ESG manager attends these meetings and provides feedback to the committee based on the relevant issues affecting the business. The committee's roles and responsibilities are outlined on page 72. It mainly ensures that Sun International maintains its commitment to being an ethical and socially responsible corporate entity. [...] The group ESG manager is responsible for identifying and managing climate-related risks and opportunities and ensuring that the board is adequately advised on potential material matters that could affect the group operationally. The group ESG manager reports directly, with the support of the CE, to the social and ethics committee and the risk committee. In addition, the group ESG manager reports to the Sun International executive committee.

https://corporate.suninternational.com/content/dam/approved/corporate/investors/results/si-esg-report-2024.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]All activities are overseen by the Group ESG Manager to ensure compliance with existing partnerships across the group. On an annual basis the group reviews all its activities and processes and the SHE risk related to each of these activities and processes. The risks are then aligned to legal requirements and pending policy decisions. Any changes to our direct and indirect activities are included in annual strategy and planning sessions.

CDP Questionnaire Response 2022