Our system of corporate governance is based on the values and principles that underpin the day-to-day activities of our group, including responsiveness, collaboration, transparency, integrity and accountability. This approach encompasses a commitment to excellence in corporate governance standards that we regard as fundamental to the sustainability of the group’s performance.

The board is committed to applying the recommendations of King III, complying with the JSE Listings Requirements and the Companies Act, as well as incorporating relevant standards of best practice. In line with King III’s “apply or explain” approach, the directors disclose the extent to which Hyprop applies these principles to create and sustain value for stakeholders over the short, medium and long term, and explain any instances of non-compliance.

Hyprop has elected to participate in the Institute of Directors Southern Africa’s (IoDSA) governance assessment instrument, achieving the highest application score of AAA. For the full report on compliance to each of the King III principles and the JSE Corporate Governance Listing Requirements.

View our latest Integrated Report 2016