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Governance

How Bidcorp embeds responsible governance across its global operations β€” from board accountability to ethical culture in every market we serve.

Our approach

Good governance is a business fundamental

For Bidcorp, governance is not a compliance exercise β€” it is the foundation upon which a sustainable, trusted foodservice business is built. Our decentralised operating model places great responsibility on local management, and that requires a governance framework that is clear, consistent, and genuinely embedded in day-to-day decision-making.

We apply King IV principles across the group and maintain alignment with applicable governance codes in each of our 31 operating markets. The Social and Ethics Committee of the Board has direct oversight of our ESG commitments, while each operating company is accountable to its own local governance structures within the group framework.

Governance at Bidcorp spans board composition and independence, executive remuneration policy, risk management, internal audit, ethics, data privacy, anti-corruption, and supply chain conduct standards.

Framework

Four pillars of responsible governance

Board Oversight & Accountability

The Bidcorp Board provides independent oversight of group strategy, risk, performance, and sustainability. The Social and Ethics Committee holds specific responsibility for ESG commitments, including environmental targets, people practices, and ethical conduct.

Board independence is maintained through a majority of non-executive directors and a formal evaluation process conducted annually by an external facilitator.

Risk Management & Compliance

The Audit and Risk Committee oversees the group's enterprise risk management framework, ensuring material ESG risks β€” including climate transition risk, supply chain disruption, and regulatory change β€” are identified, assessed, and actively managed.

Internal audit functions independently verify compliance with group policies and local regulatory requirements in each operating territory.

Ethics, Integrity & Anti-Corruption

Bidcorp's Code of Ethics governs conduct for all employees, directors, and contractors across the group. Zero tolerance for bribery and corruption is enforced through our Anti-Bribery and Corruption Policy, which applies in every market regardless of local norms.

Compliance training is mandatory for all new employees and refreshed annually at operating company level.

Stakeholder Engagement & Reporting

We are committed to transparent, balanced reporting of our governance performance. Our annual Sustainability Report, Governance Report, and Remuneration Report are published in September each year and are aligned with internationally recognised disclosure frameworks.

We engage proactively with shareholders, analysts, regulators, and civil society to maintain trust in Bidcorp's licence to operate.

Ethics & compliance

Doing business the right way

A consistent ethical framework protects our people, our partners, and the communities in which we operate β€” and underpins the trust that long-term business relationships are built on.

Policy

Code of Ethics
Governs conduct for all Bidcorp employees, directors, and contractors worldwide. Covers conflicts of interest, gifts and entertainment, fair competition, and obligations to report suspected misconduct. Available in multiple languages.
Download the Code of Ethics

Policy

Anti-Bribery & Corruption
Bidcorp has zero tolerance for bribery and corrupt practices in any form, in any market. The policy applies to all employees and third parties acting on behalf of the group, and includes specific guidance for high-risk interactions with public officials.
View Anti-Bribery Policy

Policy

Supplier Code of Conduct
All Bidcorp suppliers are required to comply with our Supplier Code of Conduct, which sets minimum standards on labour practices, health and safety, environmental responsibility, anti-corruption, and business integrity. Alignment is assessed as part of our supplier onboarding process.
View Supplier Code

Compliance

Data Privacy β€” POPIA & GDPR
Bidcorp operates in multiple jurisdictions subject to different data protection regimes, including South Africa's POPIA and the EU's GDPR. Each operating company maintains a local Data Protection Officer and complies with applicable local legislation for the processing and protection of personal data.

Whistleblowing

Speak Up. Report a Concern.

Bidcorp provides confidential, independently managed reporting channels in all regions. Anyone β€” employee, contractor, or third party β€” can raise an ethical concern safely. Anonymity is protected where local legislation permits. Reports go directly to the relevant compliance team, not line management.

Documentation

Governance Reports & Policies

Key governance documents are published annually. The combined Governance, Remuneration, and Sustainability report is issued in September each year.

Sustainability Report 2025
September 2025 · PDF
Governance Report 2025
September 2025 · PDF
Remuneration Report 2025
September 2025 · PDF
View all ESG reports & downloads