Governance

The Board ensures that the Group complies with all its statutory obligations and that the principles of sound corporate governance are observed and incorporated.

JSE:MPT last traded 2 637c -40c (-1.49%)

Last traded on 22 Apr 2025 at 17:00

Data supplied by ProfileData.

Prices are 15 minutes delayed.

Home / Governance

The Board of Directors ensures that the Group complies with all its statutory obligations and embraces its responsibility for ensuring that the principles of sound corporate governance are observed and incorporated into the leadership and management of its business units.

King IV Application Register

Explore this section

  • Board and committees

    Board and committees

    The ultimate responsibility for ensuring full and effective control of the Group’s businesses rests with the Board. In discharging its responsibilities, the Board is supported by Board sub-committees and senior management.

    Read more: Board and committees
  • Ethics and human rights

    Ethics and human rights

    Mpact’s Code of Ethics outlines how we deal with human rights, gifts and entertainment, fraud, bribery and corruption. The Code is reviewed by the Board periodically and endorsed by the Group’s leadership team.

    Read more: Ethics and human rights
  • B-BBEE compliance

    B-BBEE compliance

    We are proud that Mpact Operations, the Group’s main South African operating entity, has once again achieved level 1 B-BBEE status demonstrating our ongoing commitment to transformation.

    Read more: B-BBEE compliance
  • Policies and documents

    Policies and documents

    Mpact is committed to maintaining the highest standards of good governance in order to promote quality decision making and ensure the execution of decisions within a disciplined framework of policies, procedures and defined delegations of authority.

    Read more: Policies and documents

Managing risk and opportunities

Risk management is an essential aspect of our governance framework and supports the continued ability of the Group to create superior value and sustainable benefits for all stakeholders. The Board considers the material business risks when approving strategies and budgets. The Risk Management Committee identifies and evaluates strategic and operational risks against key business objectives of:

  1. achieving operational, profitability and liquidity objectives;
  2. protecting our reputation (ethics, environment, customer safety) and CSI initiatives;
  3. ensuring compliance with legislation and contractual terms;
  4. developing a motivated workforce;
  5. achieving Group strategy;
  6. providing safe and healthy operating conditions;
  7. managing environmentally responsible operations;
  8. achieving growth objectives;
  9. building effective commercial stakeholder relations; and
  10. ensuring accurate and timely reporting.

See the Governance section of the 2023 Integrated Report for detail on our current material risks and opportunities.