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12

Tiger Brands Limited integrated annual report

2015

Board

Audit

Remuneration

Nominations

Risk and

sustainability

Social, ethics and

transformation

Investment

Managing our business

The board sets the tone and standards, which filter down to

executive management and all employees throughout the

organisation.

Directors and management are aware of their

responsibilities as custodians of the company and its assets,

and manage these on behalf of shareholders, who are the

true owners of the company.

Managing our business sustainably

As one of the largest food producers in sub-Saharan Africa,

Tiger Brands acknowledges its responsibility to actively

contribute to the communities and regions where it operates

by facilitating sustainable economic growth and social

development.

The group is guided by its vision to be the most admired,

branded FMCG company in emerging markets. This vision

extends beyond simply manufacturing and supplying

products. Sustainability at Tiger Brands is framed by strict

adherence to the principles of good governance and

environmental management, which are driven by our core

values (page 18). The social, ethics and transformation

committee assists the board in monitoring the implementation

of plans to drive good corporate citizenship.

Tiger Brands is committed to the highest standards of corporate

governance, and ethical and moral business behaviour.