Governance

Our board of directors is responsible for strategic direction and control of the company, while ensuring our continuous commitment to sustainability is achieved.

Corporate Social Investment

Our purpose of corporate social investment is to have a sustainable impact in the communities where we and our businesses operate. We therefore actively encourage our businesses to play a meaningful transformational role within their communities.

As Nelson Mandela stated, “Education is the most powerful weapon which you can use to change the world”, thus one of our primary focuses is education.

Our purpose of corporate social investment is to have a sustainable impact in the communities where we and our businesses operate. We therefore actively encourage our businesses to play a meaningful transformational role within their communities. As Nelson Mandela stated, “Education is the most powerful weapon which you can use to change the world”, thus one of our primary focuses is education. The long-term contribution and broader societal impact of educational development is evident in the local communities.

The various socio-economic development programmes are aimed at achieving this goal and include study bursaries and the upgrading of local schools. Our commitment to socio-economic transformation is further realised by the Overberg Agri Development Trust and Woza Phambili, which make meaningful and sustainable investments to benefit local communities. Woza Phambili owns a 26% stake in Boltfast and is a level 1 BBBEE contributor.

The long-term contribution and broader societal impact of educational development is evident in the local communities.

The various socio-economic development programmes are aimed at achieving this goal and include study bursaries and the upgrading of local schools.

Our businesses fund and/or operate numerous corporate social investment projects which inter alia include:

Montagu’s Partnership with Community Action Partnership (CAP) and sponsorship of CAPability protective workshop for disabled persons.
Overberg Meat’s mentoring program to provide operational and financial assistance to emerging agriculturalists.

Overberg Agri’s annual farmworkers’ information day, whereby farm personnel are empowered to take responsibility within their community by way of introducing new farming practices and technical support.

Ethics

Each director and employee of our company is required to comply with high moral, ethical and professional standards at all times. The following principles underlie the ethical code:

Integrity

To be honest, sincere, consistent, fair, faithful and transparent.

Accountability

To commit oneself to what has been undertaken, to accept responsibility for one’s decisions and actions and to account for it.

Responsibility

To acknowledge one’s duty towards the company and to act accordingly and to contribute to the good image of the company, its success and sustainability.

Respect

To recognise every person’s dignity and to treat all people with respect, irrespective of their culture, language, preferences, race, gender or opinion.

To ensure transparency, closed periods for trading by company directors and senior management applies from time to time and director’s dealings in company shares are published.

Whistle blower policy

To ensure that a professional work environment free of fraud and corruption is provided, a formal whistle blower policy has been implemented in accordance with section 159(7) of the Companies Act. In terms of the policy, the Acorn Agri & Food introduced a confidential whistle blower hotline, which is available 24/7 and administered by Deloitte. The hotline is available to all stakeholders and reports are submitted to the Audit and Risk Committee, once lodged via the hotline.