Maintaining our legitimacy The board, assisted by the MultiChoice Group social and ethics committee, ensures the company is, and is seen to be, a responsible corporate citizen by considering not only its nancial performance but also the business’s impact on the environment and the communities where it operates. The company’s purpose, values and strategy are aligned to those of the MultiChoice Group and with the principles of responsible corporate citizenship. Responsible corporate citizenship We have several corporate citizenship initiatives underway, including: • BBBEE and employment initiatives • Local employment • Health and safety laws • Employee development programmes • Responsible tax policy • Fraud, anti-bribery and anti-corruption initiatives • Initiatives to minimise our environmental impact • CSI initiatives • Privacy and data protection Ensuring compliance with laws and regulations The board is responsible for ensuring compliance with all statutory requirements. The directors took steps to ensure, to the best of their knowledge, the business complies with all these requirements. In FY23 MultiChoice SA implemented a new Workplace harassment policy. The group also implemented a Group gifts policy to improve disclosures in this area. Additionally, mandatory e-learning modules, workplace harassment and group gifts, anti-bribery and anti-corruption were rolled out to all employees groupwide. Future focus areas include continuing to raise awareness of the compliance principles, improving the framework based on emerging risks, incorporating feedback from monitoring activities and focusing on implementing enhanced third-party screening. Performance and future focus Key areas of focus during the reporting period were: • Ethics policy, management processes and culture • Entrenching reporting and monitoring mechanisms to the social and ethics committee • Reputational risks • Stakeholder engagements Going forward, we will focus on: • Continuously monitoring and reporting on the ethics culture, reporting mechanisms, reputational risks and sustainable development initiatives Maintaining our legitimacy Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 95
RkJQdWJsaXNoZXIy MTAwNDEy