DRDGOLD’s board of directors continues to ensure that the principles of good corporate governance as recognised and practised throughout the world are upheld and implemented.
All the directors are fully aware that they are the custodians of corporate governance in the organisation and this is reflected in the way they execute their fiduciary duties, which is with diligence, integrity and honour. DRDGOLD’s intention is to filter these principles throughout the organisation, and to achieve this the company has implemented the ‘Best Life’ campaign which appeals to the intellect of the workforce and encourages employees to live the best life possible, in an effort to improve the quality of life for future generations. An employee wellness programme has also been implemented providing employees with 24/7 access to a free information and counselling service. DRDGOLD considers its human capital as its most important asset and key to the sustainability of the business in the longer term.
The King IV Report on Corporate Governance for South Africa, 2016 (King IV) was published on 1 Novemeber 2016 and came into effect on 1 April 2017 for companies with financial years commencing thereafter.
The application regime for King IV is "apply and explain", requiring companies to substantiallly and meaningfully strive towards good corporate governance. King IV is principles and outcomes based: a departure from mere compliance-based mindset.
King IV recognises that sound governance outcomes, exemplified by intergrity, competence, responsibility, accountability, fairness and transparency, are the cardinal pillars of good corporate citizenship.
DRDGOLD has, since the FY2017, applied King IV.
Furthermore, the JSE Limited has since made the adoption and application of King IV mandatory for all listed companies.
DRDGOLD’s shares are quoted on the JSE Limited, which is its primary listing. DRDGOLD is also registered with the Securities and Exchange Commission (SEC) in the United States of America and its ordinary shares are quoted on the New York Stock Exchange Limited in the form of an American Depositary Receipts Programme, administered by the Bank of New York Mellon. Accordingly, DRDGOLD is subject to compliance with the Sarbanes-Oxley Act of 2002, which is documented in the company’s Form 20-F, filed annually with the SEC.
The US FCPA Compliance Policy & Guidelines (PDF – 314KB)
Sustainable development policy 2014 (PDF – 298KB)
JSE King IV Register (PDF – 98KB)
Promotion of Access to Information Manual (PDF – 80KB)
Code of Conduct (PDF – 287KB)
Race and Gender Diversity Policy (PDF – 372KB)