South Africa · Public Interest Score · Companies Act Regulation 43
Do you need a Social & Ethics Committee?
This free public interest score calculator works out your PI score and tells you instantly whether your South African company is legally required to have a Social & Ethics Committee. It's a formula under Regulation 43 — and most companies that qualify don't know it. Answer five questions for a sourced answer.
Applies to South Africa only. The Social & Ethics Committee is a requirement of the South African Companies Act (Regulation 43).
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We'll email it to you — your score, what it means, and what a defensible speak-up channel needs under King V and the coming Protected Disclosures Bill.
How this is calculated. The public-interest (PI) score follows the Companies Regulations, 2011 (reg. 26(2)): one point per average employee, one point per R1 million (or part) of third-party liability, one point per R1 million (or part) of turnover, and one point per individual with a beneficial interest in the company's securities (or per member, for a non-profit). Under regulation 43 (Companies Act 71 of 2008, s72(4)), a Social & Ethics Committee is mandatory for every listed public company, every state-owned company, and any other company that scored above 500 in any two of the previous five financial years. This tool scores one year — confirm the two-of-five test across your last five years. Guidance only, not legal advice.