• 1. INTRODUCTION
  • 2. THE CUSTODIAN OF THE GI
  • 3. PROCESS
  • 4. CATEGORIES
  • 5. ANSWER TYPES
  • 6. HTML GOVERNANCE REGISTER PRESENTATION
  • 7. CONTACT US FOR HELP
The Governance Instrument is a digital process of self-assessment, measurement, management & remediation, as well as reporting of matters pertaining to Corporate Governance.

OUTCOMES
  1. A digital Governance Register recording and evidencing the application of quantitative as well as qualitative governance practices, throughout the organisation.
  2. GI facilitates “Robust processes of small regular iterations to produce a big outcome of good governance”.
  3. Stakeholders of the Organisation having assurance of good Corporate Governance being applied.
Ideally, the assigned responsibility for implementation is a senior office bearer who enjoys a holistic view of the extent to which the organisation is applying and practicing good Governance. In a Listed Company or State Owned Entity, this is envisaged to be the role and function of the Company Secretary (Cosec). The board remains the focal point and custodian of corporate governance.

In South Africa the King IV Report on Corporate Governance (2016) sets out recommendations of Principles and Practices that need to be ‘applied or explained’. The JSE has made some of these Practices mandatory for its members.

The GAI facilitates that there is a complete and credible framework by which a full review of the practices pertaining to the Board of Directors, the Executive team and the organisation can be performed.
  • Do Assessment
  • Review and Report to EXCO
  • Archive final Result
  • Publish Governance Register (Annual Report & Website)
  • Monitor and Review
MAIN CATEGORY SUB CATEGORY
Part 5.1
Leadership
Organisational Ethics
Responsible corporate citizenship
Part 5.2
Strategy and performance
Reporting
Part 5.3
Primary role and responsibilities
Composition
Committees
Evaluations of the performance
Appointment and delegation to management
Part 5.4
Risk governance
Technology and information governance
Compliance governance
Remuneration governance
Assurance
Part 5.5
Stakeholders
Institutional investors
Satisfactorily applied This where the organisation affirms that the Practice is applied.
It is proposed that a ‘Report Comment’ be provided as to how it is done. This facilitates for a greater assurance for the reader of the results.
Not applied
This where the organisation is not applying the Practice, and recognises that it should be applied.
It is proposed that the Report Comment box be used to record the organisations view of its significance and the manner by which it will be addressed in the following year.
Explained
This where the organisation is not applying the Practice, and chooses not to apply it for given explanation.
The system is set that the ‘explained’ answer type can only be saved where an ‘explanation’ is provided in the comment box.
Not applicable
This is where it is not necessary for the organisation to apply the Practice.
The GI provides an HTML presentation capability whereby the link opens up the full Governance Register by King IV Principles and allows for ‘drill down’ capability to the Principles and then further to the evidence of the Practices, with the added assurance where commentary as to how these are done.
Contact Centre: 0860 000 24 7
Switchboard: 011 317 3800
Michael Lasch michael@tgp.co.za
Nicolette Vorster nicolette@tgp.co.za
Copyright 2024 by TGPIP