Code of Ethics and Conduct

The Australian Business Chamber of South Africa (ABCSA) is a non-profit South African company whose directors’
duties are to fulfil the ABCSA Constitution. ABCSA was incorporated to facilitate, promote, encourage and develop
trade and commerce in the Republic of South Africa, as well as to provide and promote a networking forum and
platform for its members to develop and grow business relationships between Australia and Southern African.

This Code of Ethics and Conduct applies to the ABCSA Board, its Executive, Members and all other stakeholders of the
Chamber.

ABCSA Board

The ABCSA Board will uphold the Chamber’s Constitution, ensure ethical leadership and maintain oversight of the
Chamber’s activities, members, and stakeholders.

Executive

The Executive will organise networking events and functions for members to develop and grow business relationships
between Australia and Southern Africa whilst promoting the Chamber’s ongoing growth and sustainability.

Members

The Members will uphold the Chamber’s Constitution and Code of Ethics and Conduct

Living up to our Code will assist the Chamber to attain its vision and mission:

Vision

To support opportunities for companies to network via round tables, leadership conversations, events and information
sharing; and working collaboratively with Australian and Southern African business communities, government and
trade representatives.

Mission

To provide a networking platform for Australians and South Africans and to share relevant information, events and
opportunities to members to support their business objectives.
Our vision and mission are supported by behavioural standards based on the ICRAFT (King IV1) values and governance
philosophy. It applies to all our stakeholders.

Values and behavioural standards

Integrity

Demonstrating integrity requires that we:

  • Act in good faith and in the best interests of the Chamber and the good reputation of Australia and Southern Africa.
  • Exceed minimum legal compliance.
  • Avoid actual, potential and perceived conflicts of interest through disclosure and appropriate volunteer management thereof.
  • Do not tolerate harassment, bullying or discrimination.

Competence

Demonstrating competence requires that we:

  • Advance the Chamber’s interests in a professional, efficient, and capable manner.
  • Have sufficient working knowledge in applying laws, rules, codes, and standards.
  • Govern the Chamber with due care, skill, and diligence, and lead ethically and effectively in a competent manner.

Responsibility

Demonstrating responsibility requires that we:

  • The Board and Executive collectively steer and give direction to the Chamber ensuring
    accountability for the Chamber’s organisational performance.
  • The Board and Executive attend scheduled meetings and devote sufficient time to the
    Chamber ensuring sustainability and growth.
  • All stakeholders promote and grow the Chamber in a responsible manner and in its
    best interest.
  • All stakeholders anticipate, prevent or otherwise ameliorate any negative
    consequences to the Chamber.

Accountability

Demonstrating accountability requires that we:

  • The Board and Executive answer for the execution of the Constitution and their
    assigned responsibilities.

Fairness

Demonstrating fairness requires that we:

  • Adopt a stakeholder inclusive approach in the execution of governance; including
    roles and responsibilities for the Board, Executive, Members and Stakeholders.
  • Direct the Chamber to promote ethical trade and commercial interest fairly between
    Australia and Southern Africa.

Transparency

Demonstrating transparency requires that we:

  • Act transparently in exercising their roles and responsibilities.
  • Govern in a way that supports the establishment of an ethical culture to protect the
    Chamber’s sustainability, members’ reputation, members’ trust, loyalty and general
    Chamber morale.
  • Ensure that the Chamber continues to be a responsible citizen of South Africa and
    Australia.
  • Apply an inclusive stakeholder approach of the legitimate and reasonable needs,
    interest, and expectations of all material stakeholders in the execution of its duties
    and in the best interest of the Chamber over time.

Key Outcomes

The key outcomes of the Chambers activities and impact include an ethical culture, good performance, effective
control, and legitimacy as prescribed by King IV.

Enforcement

Any contravention of the Code of Ethics and Conduct will be considered by the Board and could result in suspension
or removal from the ABCSA Chamber at the discretion of the Board.

This Code is effective from 15 May 2022.

Contacting Us

If there are any questions regarding this privacy policy, you may contact us using the information below.

www.abcsafrica.org

AUSTRALIAN BUSINESS CHAMBER OF SOUTHERN AFRICA
Phone: +27 72 830 4944
Email: [email protected]

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