Bowler Metcalf Limited

Leaders in the rigid plastics packaging industry.

Board of Directors 

Full details of the directorate, click on the "Directorate & Administration" on the "Corporate Profile" tab.

The full board meets five times per annum. The directors retire in rotation and are not automatically reappointed. Some executive directors participate in a share incentive scheme. A remuneration committee approves remuneration of all directors and senior management. All directors have access to the services of the company secretary and, at the company’s expense, legal and financial advisors.

Internal controls and audit

The directors are responsible for and ensure that the group maintains adequate accounting records and internal controls to reasonably assure the integrity of the financial information including the accountability of assets. The Board is responsible for the total process of risk management. All of the above processes are continuously monitored and directors and employees are required to maintain the highest ethical standards, ensuring that the businesses practices are conducted in a manner which, in all reasonable circumstances, is beyond reproach. Nothing has come to the attention of the directors or the company’s advisors, or audit and risk committee, to indicate any material breakdown in the above controls during the period under review.  

 

King Code

All the key principles underlying the requirements of the King III Code of Practices and Conduct, have been complied with.

 

Integrated Annual Report

The Integrated Annual Report, combining financial and non-financial information, is published annually before the end of September.

 

Director nominations

There is no separate nomination committee. This function is fulfilled by the remuneration committee in conjunction with the board. When the need arises, the remuneration committee establishes a sub-committee consisting of an executive director and other suitably experienced persons, who present names to the remuneration committee for further submission to the board for final approval once a suitable candidate has been identified.

Social responsibility

Health and safety conditions comply with industry standards and the minimization of industrial pollution is entrenched in the manufacturing process. Since 1987, the group has had a successful policy of work enrichment through share participation. It is the intention to accelerate this process in the future. The group is committed to a work environment free of discrimination of any kind and to maintain a high level of worker education and training, thus facilitating the consequent affirmative action. The group has maintained its progress in meeting its employment equity goals and the latest workforce profile as submitted to the Department of Labour, is summarized hereunder. Any further details required are available at the registered office of the company.

 

Employment Equity

The workforce profiles submitted to the Department of Labour every year. The latest submission is tabled below:

 

Management

Skilled & Other

Temporary Employees

Total

% of Total

Employment - 2012

Male

- African

-

132

51

183

23%

- Coloured

11

191

93

295

36%

- Asian

5

17

-

22

3%

- White

39

22

3

64

8%

- Foreign nationals

1

4

-

5

1%

Female

- African

-

14

35

49

6%

- Coloured

2

112

54

168

21%

- Asian

-

4

-

4

0%

- White

6

14

-

20

2%

- Foreign nationals

-

-

-

-

0%

Total Employment - 2012

64

510

236

810

100%

 

Management

Skilled & Other

Temporary Employees

Total

% of Total

Skills Development - 2012

Male

- African

-

73

5

78

19%

- Coloured

2

142

45

189

47%

- Asian

4

9

-

13

3%

- White

2

11

2

15

4%

Female

- African

-

9

-

9

2%

- Coloured

1

83

12

96

24%

- Asian

-

-

-

-

0%

- White

1

1

-

2

0%

Total Skills Development - 2012

10

328

64

402

100%

 



Copyright © 2016 Bowler Metcalf Limited All Rights Reserved

General Enquiries

Telephone: 27 21 704 2223

Fax: 27 21 704 2224

Email: investorrelations@bowler.co.za