Barloworld Motor Retail is committed to complying with both the spirit and letter of the legal and regulatory requirements applicable to its business. Where applicable, the company also adheres to voluntary rules, codes and standards, including best practice guidelines, to reinforce its commitment to good corporate governance.
Barloworld Motor Retail is committed to acting with the highest standards of integrity, fair dealing and ethical behaviour in all its endeavours, and in doing so aims to create value for all of its stakeholders.
The company views its adherence to legal and regulatory requirements as a way of providing reassurance and creating stakeholder loyalty, and building trust between itself and all of its stakeholders, including customers, suppliers, employees and the community in which it operates.
Good corporate governance starts with responsible and ethical leadership that requires top-level commitment. Executive Management plays an active role in promoting a culture of ethics and compliance throughout the company. All employees are responsible for ensuring that their conduct is legally and ethically compliant, and consistent with the company’s good name, values and reputation.
Barloworld Motor Retail takes a proactive stance in ensuring that its employees are properly equipped to comply with the legal and regulatory requirements applicable to their day to day activities through training and awareness programmes. Among others, the company has conducted awareness training in the areas of money laundering, consumer protection legislation, bribery and corruption legislation, competition law, and data privacy and protection laws.
In fostering an ethical culture, Barloworld Motor Retail encourages a philosophy of transparency, open reporting and communication. The Barloworld Worldwide Code of Conduct plays an important role in this regard in so far as guiding ethical performance and promoting ethical standards.
Barloworld Motor Retail remains committed to maintaining strong stakeholder relationships through continued ethical and sustainable business practices.