The Board of Zambia Sugar Plc believes that good corporate governance represents essential protection for the Company’s shareholders and remains committed to maintaining high standards of business ethics and integrity in its operations, recognising these to be vital to the sustainable long-term performance of the Company.
At Zambia Sugar, we are committed to maintaining high standards of corporate governance. We believe that good governance is essential to our success and to building trust with our stakeholders. We have implemented a range of policies and procedures to ensure that we operate in a transparent, ethical, and accountable manner.
In summary, we believe that good corporate governance is essential to our success. We are committed to maintaining high standards of integrity, transparency, and accountability in all of our operations and decision-making processes. We have implemented policies and procedures to ensure that we operate in a manner that is consistent with our values and mission. We believe that by adhering to these principles, we can build a strong and sustainable business that creates value for all of our stakeholders.
BOARD OF DIRECTORS
The Board of Directors takes responsibility for the overall management and performance of the Company ensuring that we operate in a manner that is consistent with our values and mission.
Our Board is composed of experienced professionals with diverse backgrounds and expertise, who bring a wealth of knowledge and insights to our organization.
The roles of the Chairman and the Country Managing Director are separately held and the division of their responsibilities is clearly established, set out in writing, and agreed by the Board to ensure that no one has unfettered powers of decision-making.
The Chairman is responsible for the operation and leadership of the Board, ensuring its effectiveness and setting its agenda. The Country Managing Director is responsible for day to day leading and managing of the Company’s business within a set of authorities delegated by the Board and for the implementation of Board strategy and policy.
EXECUTIVE MANAGEMENT COMMITTEE
The Executive Management Committee is headed by the Country Managing Director and is responsible for managing operations and implementing our strategy. Our Executive Management Committee is composed of experienced professionals with a proven track record of success in their respective fields.
CODE OF ETHICS
We have implemented a Code of Ethics that outlines our expectations for ethical behavior and professional conduct. Our Code of Ethics covers a range of topics, including conflicts of interest, bribery and corruption, and discrimination. We believe that adhering to our Code of Ethics is essential to maintaining the trust of our stakeholders and building a strong and sustainable business
2020 SLAVERY STATEMENT
This statement is made on behalf of Associated British Foods plc and all relevant entities within the Group, pursuant to section 54 (1) of the UK Modern Slavery Act 2015 and sets out the steps taken to mitigate the risk of modern slavery occurring within its operations and its supply chains which includes Zambia Sugar.