Our Governance
Leadership, ethics and corporate citizenship
Ethical leadership and the management of ethics
Measures that collectively promote a culture of integrity, transparency, and ethical conduct within the organisation.
Commitment to Ethical Leadership
The Board emphasises accountability, ethics, and integrity.
Formal Ethics Policy and Code of Conduct
A formally adopted code of conduct guides behaviour.
Whistleblowing Mechanism
A robust whistleblowing policy ensures transparency.
Conflict of Interest Management
Directors declare conflicts of interest at Board meetings.
Internal Audit Role
Internal Audit monitors and investigates unethical behaviour.
Ethics in Governance Framework
Clear disclosures and frameworks ensure ethical governance.
Monitoring and Improvement
The Board and Risk Committees oversee and ensure compliance with ethics policies.
Organisational ethics
The Board of the Fund exemplifies accountability, ethics, and integrity, ensuring that all actions serve the best interests of our stakeholders.
Committed to upholding the Fund's core values, we champion ethical and honest practices, which are essential for building trust in our business relationships. We have implemented a formal Ethics Policy and a Code of Conduct, along with resources designed to uphold our ethical standards and investigate any reported concerns, supported by a comprehensive Whistleblowing Policy.
To prevent conflicts of interest, Directors have to declare any potential conflicts at the beginning of each Board meeting. Our governance framework requires clear disclosures and regular evaluations of the Board to uphold ethical decision-making. The whistleblowing process is managed by the external law firm, SIGNUM Advocates, ensuring an independent review and investigation of any reports.
We consistently review the terms of reference for our committees and formalise improvement plans based on audit findings. The Internal Audit function plays a vital role in reinforcing our ethical culture by monitoring and investigating reports of unethical behaviour.
Sustainability as a strategic priority and corporate citizenship
Sustainability is a fundamental strategic priority for us, seamlessly integrated into our organisational DNA. Our initiatives are aligned with selected UN Sustainable Development Goals (SDGs) and guided by robust environmental management policies.
Each year, we conduct environmental risk assessments and are committed to reducing our consumption of energy, paper, and water, while adhering to local waste management regulations.
Our Audit and Risk Assurance Committee ensures compliance with established policies, and our HR manual reflects ethical standards that inform staff behaviour, reinforcing our dedication to responsible governance.
Operating with a strong emphasis on accountability and integrity, the Fund champions sustainable business practices that benefit the environment, our workforce, and the broader community.
At NSSF, we leverage our expertise in business, policy, and data, alongside our financial resources, to facilitate inclusive recovery from economic challenges, enhance access to economic opportunities, and drive solutions for sustainability and climate action.
Our governance framework for sustainability is overseen by various Board Committees with the Board ensuring thorough oversight and strategic direction of our efforts.
The Investments and Project Monitoring Committee (IPM) in collaboration with the Finance Committee leads our responsible investing strategy, ensuring alignment with ESG requirements while consistently supporting compliant companies.
The ARC Committee ensures there are adequate governance structures in place to ensure the Fund’s activities achieve sustainable growth and impact while the SACA Committee ensures the Fund’s Human Resources and stakeholders are well managed.
We are committed to enriching our communities through our Corporate Social Investment (CSI) initiatives, focusing on education, health, financial literacy, and environmental wellbeing.
Our efforts resonate with our commitment to SDGs, particularly those aimed at eradicating poverty, achieving gender equality, promoting decent work and economic growth, reducing inequalities, supporting sustainable cities, fostering peace and justice, and building strong partnerships for these goals.
Read more in our Sustainability/ESG report, SACA report, ARC report and responsible investments (KIV P17).
Sustainability is a strategic priority for NSSF, evidenced by initiatives that reflect its commitment to creating shared value and driving sustainable growth for its members, stakeholders, and society:
Our SDGs
