The Mercedes-Benz South Africa Group is committed to good corporate governance and it is an integral part of the Group operations and sustainability. The Group subscribes to the recommendation set out in the King III Report and adheres to all applicable legislation and regulations. Integrity and ethical conduct in a transparent environment is core to the Group operations and sustainability strategy.
As a good corporate citizen in South Africa, Mercedes-Benz South Africa recognises its responsibilities in terms of its environment, ethical behavior and following the best corporate governance practices. The Board of Directors and Executive Committee ensure that the daily operations of the Group adhere to the principles in the King III Report.