The NBI has presented a powerful business case for companies to take seriously their positions as meaningful players in the society within which they operate. Over the past few years it has emerged as a leading proponent of the role of business in sustainable development. It is now focused on positioning business as a distinct but interdependent and significant contributor to society.
The NBI is committed to the highest standards of governance. It applies the core principles of accountability, integrity and transparency to all its activities. The NBI is in the process of implementing King III within its context and will make appropriate adjustments to its governance structures and risk management processes. The organisation is planning to release its comprehensive integrated sustainability report in 2011.
- The NBI is governed by a Board, consisting of representatives from members companies and selected business/community leaders.
- The NBI Executive Committee assists and supports the Board by providing oversight, guidelines and advice to the CEO and management.
- The NBI Audit Committee provides financial oversight and monitors risk and management.
- The Remuneration Committee is responsible for the performance of the Chief Executive Officer and executive directors and for policy recognition and reward.