SMI ESG Strategy - Flipbook - Page 21
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GOOD CORPORATE
GOVERNANCE
PUTTING GOVERNANCE INTO CONTEXT
We are committed to operating responsibly at
SMI. As a trusted business among our customers,
suppliers and community, SMI operates to the
highest standard of business ethics. Governance
standards safeguard that a company is operating
in a transparent and honest way. Governance
looks at a company’s audits, accounting methods,
stakeholder rights and that the business is pursing
integrity and diversity when recruiting staff and
fulfilling leadership roles. We aim to exceed
government regulations and continue to undergo
regular risk assessments and audits focusing on
environmental policies, health and safety, modern
slavery, child labour and equality and embracing
diversity. SMI is committed to maintaining a
strong line of communication through numerous
platforms, keeping our stakeholders informed
of all new updates on our business policies and
short- and long-term goals.
Our Approach
For SMI corporate governance and responsibility
are integral for the success of the business,
ensuring we meet our commitments to all
our stakeholders and provide them with the
confidence that SMI is a well-managed and
ethical business.
We are taking the necessary steps to engage with
our stakeholders, evaluating the relevant social,
ethical, and environmental issues that could
influence or impact SMI.
Guiding Principles
Our guiding principles – Reliability – Responsibility
– Honesty – Exceptional – Dependable – People
Centric support our vision and strengthen our
values, outlining and influencing our approach
across all aspects of the business.
Our Framework
Awareness
• Culture
• Roles and responsibilities
• Leadership
Baseline Compliance
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Accountability and
transparency
• Internal and external
communication
• Reporting
Risk Management
• Internal control and audits
• Assessments
ENVIRONMENTAL I SOCIAL I GOVERNANCE
Laws and regulations
Environment
Employees
Suppliers
Customers
Communities
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