Governance of the highest quality is the driving force behind all of Pareto’s operations and activities. It is at the very heart of our vision to entrench our market-leading position in the retail property sector and to develop a significant footprint at the top end of the office property sector.
Our commitment to excellence is unwavering in all aspects of corporate governance and management practices. Our investment in new opportunities, existing properties and retail office developments are always based on the highest level of ethics and responsibility.
Our Board of Directors support and endorse the principles laid out by the King Code of Corporate Governance for South Africa. In line with these principles, we have implemented a fraud prevention plan along with a policy on risk management. Through adopting a highly proactive stance on governance issues, we aim to protect and maximise returns for our shareholders and solidify our role in creating meaningful development and transformation within the commercial property sector.
In line with our strong commitment to total transparency and robust corporate governance, Pareto has instituted its own whistle blowing initiative to stamp out fraud, corruption and other illegal activities. The Pareto Fraud Hotline operates on a strictly confidential basis, ensuring that whistle blowers can provide information with the full assurance that they have complete anonymity.