King IV Governance Charter

Overview

Draft or update board and committee charters aligned with King IV Principles 6–10 for South African organisations.

Getting Started

Add your source materials to the project workspace, then activate the King IV Governance Charter skill. The agent will guide you through the process step by step.

Example conversation

You: We need to update our board charter and add a Social and Ethics Committee charter for King IV.

Agent: I’ll use the skill reference (Principles 6–10) to draft both. The board charter will cover: the board’s role as custodian of governance; composition (balance, independence, diversity); meetings and quorum; delegation to committees and to management; evaluation of the board, its chair and members; and governance of risk, technology, compliance, assurance and stakeholders. The Social and Ethics Committee charter will set its mandate, composition, meetings, duties (e.g. ethics, ESG, stakeholder concerns), and reporting to the board. I’ll align with your MOI and existing committee names.

Output excerpt

Board charter excerpt

Role and responsibilities
The board is the focal point and custodian of corporate governance. It retains full responsibility for governance while delegating certain functions to committees and management in line with King IV Principle 8. The board: approves strategy and monitors implementation; governs risk, technology and information, compliance, and stakeholder relationships; approves the code of conduct and ethics framework; receives assurance from internal and external audit; and evaluates its own performance and that of its committees and chair annually.

Delegation
The board has established an Audit Committee, a Risk Committee, a Remuneration Committee, and a Social and Ethics Committee. Each operates under a charter approved by the board. The board delegates day-to-day management to the CEO and executive team within approved authority limits (Principle 10). Role clarity between the board and management is documented in the delegation of authority framework.

Social and Ethics Committee charter excerpt

Mandate
The Social and Ethics Committee assists the board in monitoring the organisation’s activities regarding ethics, responsible corporate citizenship, stakeholder relationships, and relevant legislation (e.g. labour, environment, consumer protection). It receives reports on protected disclosure, code of conduct compliance, and ESG initiatives and reports to the board at least twice yearly.

Extension and validation

This skill does not include custom validation tools. Elaboration is guided by the skill workflow and reference materials.