| |
FINANCIAL SUSTAINABILITY |
| |
• |
Strong focus on cash and working capital management,
with net capital expenditure decreasing to R1,1 billion
(2009: R2,4 billion). |
| |
• |
The Group’s order book grew marginally to R42 billion despite
the challenging trading environment. |
| |
HEALTH & SAFETY |
| |
• |
Despite a 23% improvement in the Group’s consolidated
lost time injury frequency rate (LTIFR) to 2,20, the Group
regrettably recorded nine (2009: nine) fatal accidents
during the course of the year. |
| |
• |
Appointed DuPont Sustainable Solutions, a global leader in
health & safety management, to undertake a comprehensive
evaluation of the South African operations’ safety culture
and systems against best practice standards. |
| |
OUR EMPLOYEES |
| |
• |
Investment in formal employee training and development
increased 22% to approximately R117 million
(2009: R96 million). |
| |
TRANSFORMATION & LOCAL ECONOMIC DEVELOPMENT |
| |
• |
The Group’s main board composition reflects the
transformation of South African society. Six (40%) directors
are black, three (20%) of whom are women. |
| |
• |
The group achieved an enhanced BBBEE rating of level 4
(2009: level 5). |
| |
• |
Preferential procurement increased significantly to 46%
(2009: 27%) of the South African operations’ procurement
expenditure of approximately R15,1 billion. |
| |
COMMUNITY DEVELOPMENT |
| |
• |
Investment of R22,2 million (2009: R21,1 million) in CSI
projects supporting mathematics, science and technology
education, numeracy education in early childhood
development and environmental education. |
| |
• |
Investment of R22,0 million (2009: R20,4 million) through
the Letsema Sizwe Broad-Based Community Trust to
support youth and sports development. |
| |
ENVIRONMENTAL |
| |
• |
Enhanced environmental reporting, particularly for energy
usage and carbon footprint, which increased by 8,8% to
809 090 tonnes CO2e. |
| |
• |
Launched an energy management initiative in early 2010
for South African operating companies to ensure effective
and efficient use of energy and to reduce energy cost. |
| |
ETHICS |
| |
• |
Extensive training on the South African Competition Act,
with more than 1 350 employees receiving online training
and assessment during the year. |
Capabilities
