Governance Structure & Framework

Governance Structure & Framework

Accelerate understands that good governance is about making the right decisions for the business and its various stakeholders. To flourish, an organisation needs a corporate governance framework that guides its business and reassures stakeholders that the correct checks and balances cement ethical conduct.

Approach

Top Property CEDAR153

Accelerate Property Fund started as a private venture and became a listed company during December 2013. From the outset, the business’s governance structures and practices were rigorous and designed to instill confidence by creating and protecting stakeholder value.

It is important to understand that creating transparent and effective governance in the organisation is not a once-off exercise. It requires an ongoing review of existing processes and practices against board and company objectives, while demanding that an organisation adapt and adjust to the external operating context and evolving best practice.

Implementing the King Code of Corporate Governance for South Africa, 2016 (King IV) within the business has offered us an opportunity to revisit our governance framework. Through this process, our commitment to creating fit-for-purpose governance structures that adhere to the highest standards has once again been affirmed and entrenched throughout the organisation.

Company structure

Non-executive Director & Chairman
James Templeton
Investment Committee
James Templeton
Audit and Risk Committee
Donnovan Pydigadu
Chief Executive Officer
Abri Schneider
Social, Ethics and Transformation Committee
Kolosa Madikizela
Remuneration & Nominations Committee
Abel Mawela
James Templeton
Chief Financial Officer
Marelise de Lange
Chief Operating Officer
Pieter Grobler
Company Secretary
Margi Pinto
Investor Relations Articulate
Capital Partners
Internal Audit
LM Consulting
AcceleratePF Key Stakeholders

Social & ethics reporting

As a company, we aim to make a difference in our local communities. Accelerate supports a wide variety of charity focused outreach initiatives. Our centres help to raise awareness and funds for worthy causes and facilitate donations of food, clothing, school bags, library books, stationery and sports kits, and activities for the young and old.

We at APF do our part to protect the environment and the well-being of our employees, tenants, customers, and service providers. We continue to implement a range of environmental and health and safety initiatives at our properties.

APF provides resources, both financial and non-financial, to educational initiatives with the aim of stimulating and supporting social economic upliftment in these areas. In keeping with this focus, Accelerate has partnered with P&D Outreach centre with the aim of establishing a supportive relationship and upgrading infrastructure so that learners can focus on their academic careers.

Social Investment & Philanthropic Areas Unpacked

Employees
We aim to make a difference in the lives of employees and their families, providing them with income, educational opportunities and skills development. We believe that employees are core to our success, and that providing an environment in which they can reach their full potential benefits them and the company.

Education
Accelerate recognises that an investment in education is an investment in the future of South Africa, one that yields sustainable returns and has the potential to create meaningful value for generations to come. Our aim is to build sustainable relationships with education facilities in the areas in which we operate, and work to help them provide top‑quality education.

Social development
Accelerate believes that investment into social entrepreneurship, particularly among women and youth, has far‑reaching benefits for the country, the communities in which we operate, and the company itself. We aim to uplift individuals who have the potential and the desire to make a difference in their own environment. We do this through job creation, training programmes, and skills development within local communities.

Environment
With the construction and on-going operation of buildings consuming 40% of total energy usage worldwide and generating a third of all carbon emissions. Accelerate acknowledges that it has a major role to play to addressing climate change and resource scarcity. APF is making concerted steps to reduce our carbon footprint over time.

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