#mc_embed_signup input.email { width: 100%; } Media Release View PDF. The executive directors and prescribed officers will not receive salary increases for the 2019/20 financial period, based on the directive issued by the office of the Minister of Public Enterprises. Management is responsible for delivering against the mandate set by the Transnet Board and the Shareholder and to manage the business on a day-to-day basis to achieve the stated objectives. Phelophepa (pronounced pay-lo-pe-pa) means "good, clean health" and is owned and operated by Transnet Foundation, with Roche being Phelophepas main external sponsor since the first train journey in 1994. In part, I believe this is because Transnets value story is becoming clearer. Non-executive directors are appointed by the Shareholder Representative for a three-year term. Support and reinforce the desired behaviour to ensure the delivery and performance against the financial, non-financial, operational and strategic metrics that have been agreed, and to reward when these targets have been achieved and exceeded. Crop Protection sales $ bn. SUSTAINABILITY Minimize Impacts. quality of work, Salary increases based on mandate Sustainability Outcomes Report 2018 Download PDF. They are, however, not paid for attendance of meetings. Our focus topics. This groundbreaking intervention is in line with Transnets drive to create a high-performance culture. #mc-embedded-subscribe-form input[type=checkbox]{display: inline; width: auto;margin-right: 10px;} Recordable injury and illness rate. The more vivid the connections between financial and non-financial performance become in our reporting, the greater the impulse to delve even deeper in our interrogation of the trade-offs in our decision-making as management. and individual performance, 13th cheque can be structured as part of package, Travel allowance structured if required to conduct business travel, 13th cheque is structured as part of package, Increases negotiated, partially based on individual performance, Service bonus Discover Nespresso and industry reports relating to both sustainability and the coffee sector. Media Release View PDF. They are part of our 2020 Annual Reporting Suite, which also includes the Annual Review, Annual Financial Report and Corporate Governance Statement. The Bridgestone Group requires all manufacturing locations in which it has 50% or more share ratio to achieve ISO 9001 certification. Key priorities and progress 2019. programme, using strategic performance indicators*. We are engaging with Transnet to quantify the impact and to work on alternatives to mitigate the impact of the shutdown/downtime. The Shareholder Representative approves the fees payable to non-executive directors in advance. (13th cheque), Ensure that talented individuals are attracted and retained, Members of the Executive Committee are eligible for drivers and personal security based on risk assessment, Medical subsidy if employee is principal member of recognised medical aid, Cell phones (tool of trade) if job requirement, Computers (tool of trade) if job requirement, Medical subsidy if employee is member of recognised Skip to content. Enhancing Product Value. We regularly carry out a Materiality Analysis to check and confirm the structure and orientation of our sustainability activities and reporting. The legacy of non compliant procurement events continues to have a lingering effect on the business. R65,5 billion. About Us. South32s GRI Navigator and Sustainability 50 Directors report 72 Financial report 77 Shareholder information 132 Glossary of terms and abbreviations 135 Corporate directory 141 This Annual Report is a summary of the operations, activities and The three-year wage agreement provides labour stability during the period and allows an opportunity for employees to focus on the achievement of the Transnet strategic objectives. Media Presentation. As a technology leader, ABB actively enables the delivery of many of the United Nations Sustainable Development Goals (SDGs). Transnet Online Integrated Report 2019 2019 Sustainability Report. As a national provider of logistics infrastructure, Transnets services are both outbound (South African businesses moving products to international markets) and inbound (bringing products to South African markets). The right treatment for the right patient. This report focuses on the reporting year 2019. Share. Executive statement The year of 2019 was an important one for sustainability. the 2019 integrated report, annual financial statements and supplementary information on 18 July 2019. Creating Sustainable Value in Communities. A conflict of interest arises when personal interests or activities influence (or appear to influence) the ability to act in the best interest of Transnet. Maximize Value. The Henkel Sustainability Report covers the key ecological and social developments in fiscal 2020. #mc_embed_signup_scroll { text-align: left; } The members of the Transnet Executive Committee were eligible for payment in respect of the LTI scheme based on the ground rules of the scheme. Market Demand Strategy (MDS) themes. The schemes design emphasises the integration of the total business and focuses on improved customer service. There is also a greater awareness that intangible assets or value, much like non-financial performance, have become more important for readers of our reports particularly investors in their valuations of the long-term profitability and sustainability of the company. Read Transnets Annual integrated report 2019 here. Financial sustainability Transnet continues to perform above expectations in a slowrecovering economy, confirmed by a significant 18,0% increase in its key profitability measure, EBITDA. Who We Are. It raises funds in the debt markets based on the strength of its own balance sheet, having raised funding without Government guarantees since March 1999. Sustainability is a key driver of how we do business within Transnet Port Terminals. Participation in the scheme is informed by level of seniority, such as grade level in the organisation, individual performance as well as results from the talent management framework. sustainability report. For additional information, visit the Sustainability Report content index. Unlike private companies, however, Transnet, as a SOC, is also mandated to report according to the Public Finance Management Act (PFMA), which compels transparent financial reporting in our integrated report, particularly in terms of the prevention, identification and reporting of fruitless and wasteful expenditure and losses through criminal conduct. medical aid. Full 2019 Alcoa Sustainability Report. Before joining Absa Group as Group Chief Executive, Maria was the Group Chief Executive of Transnet, the state-owned freight transport and logistics service provider for five years. Seeds sales. Personalized medicine could lead to a paradigm shift in the future of healthcare. Sustainability Reports Proof of our progress is tracked with thorough and transparent reporting With an eye toward our comprehensive 2030 commitments, our latest dispatches show that while bringing heating and cooling to people around the world were making big strides in sustainability. Furthermore, as a member of the UN Global Compact, we submitted a corresponding progress report in April 2019. Inditex 2019 Annual Report 76 103-2, 201-2. year 2020 year 2023 year 2025 / ero wasteZ from our facilities: headquarters, logistics centres and own stores (Zero Waste). Readers also learn about the successes and aims of corporate sustainability management, as well as the companys activities in the arena of environmental protection, employees, workplace safety and social responsibility. This ethos also comes with greater personal accountability and transparency of reporting disclosures. The rationale for the non-payment was based on the ground rules of the STI scheme, where payment is subject to compliance with specific gatekeepers. For the third time, this Group Sustainability Report 2019 includes a combined separate nonfinancial report that complies with sections 289b para. The performance of Transnet as a company and individual performance against a set of broadly predetermined metrics form part of the remuneration cycle. Accordingly, we recognise that providers of financial capital expect clear and concise communication about our value creation, which includes a sound perspective on our strategic allocation of resources and the interconnectedness between our financial and non-financial impacts. 2019 ESG Report Focusing for the Future. Transnet paid a non-refundable application fee of R53 650 and a permit fee of R98,94 million. There is also a greater awareness that intangible assets or value, much like non-financial performance, have become more important for readers of our reports particularly investors in their valuations of the long-term profitability and sustainability of the company.. The board of Imperial Logistics Limited acknowledges its responsibility to ensure the integrity of the 2019 integrated annual report and related sustainable development disclosures. As part of the Transnet strategy, the Company designed a reward philosophy for executive management to drive the implementation of the strategy while ensuring that key role players are retained in the Company. Current Sustainability Report & Archive of last years reports. Transnets remuneration philosophy supports the strategic goals and objectives of the organisation and creates an environment in which teams are challenged and rewarded to achieve targets and to sustain superior performance. m. People trained on safe use % Suppliers included in sustainability and fair labor programs. In addition, the companys gearing in 2019 was 44.5% compared with 47.6% in 2020. Operating Division 2019 EN; DE; RU; FR; ES; PT-BR; TR; HU; IT; PL; NL; HE; 2019 in numbers $ bn. Governance Report Stakeholder Engagement Report 2019 View PDF. Transnet does not allow interim or ad hoc salary increases. P5 The 2019 Integrated Report covers the financial reporting period from 1 April 2018 to 31 March 2019. Discover. Commodities transported include mining exports, general freight and petroleum products. The non-executive directors are paid an annual retainer as well as an additional retainer fee for committee membership. This report de-scribes what we have achieved so far and how we have performed on key environ-mental, social and governance metrics. The graph on the right depicts the increases differentiated between executive management and the bargaining unit compared to CPI for the past three years. Integrated Report 2019 View PDF View online IR. Sustainability Report 2019. This is also aligned with the Remuneration Guide as issued by the Department of Public Sustainable Business Report 2019 Accelerating innovation in a changing world Download our 2019 Report. The administration report and accounts are found on pages 45, 813, 62150 and are assured by our auditors. Integrated reporting is a process founded on integrated thinking that results in a periodic integrated report by an organization about value creation over time and related communications regarding aspects of value creation. Report 2019. Global Sales $ bn. View PDF View PDF. Global Reporting Initiative Table View PDF. Transnet SOC Ltd is a public company, with the South African Government being its sole shareholder. Heading heading heading Date Transnet Port Terminals 3 November 2015 2. The payment of an incentive bonus, in terms of the STI scheme rules, requires the following conditions to be present: EBITDA, before incentives, for the 2018/19 financial period is 1,7% lower than that achieved in the prior year. Material findings on the usefulness and reliability of financial sustainability, operational excellence and socio-economic key performance areas October 2018, Denel Board: monthly, Transnet: All Board Chairs: 4 January 2019). Facebook. Additionally, four satellite offices are located in Lesotho, Tanzania, Namibia and Swaziland; with three joint operating centres in Mozambique, Botswana and Zimbabwe. I am also observing a growing trend within Transnet where more and more people in the Company are contributing to the formal process of our integrated report. The successful execution of the Transnet strategy requires sustained effort and energy of the executive leadership to ensure high performance as well as a sustainable and profitable long-term growth path. Read Transnets Annual integrated report 2019 here. Twitter To Oatly.com. View PDF. In 1992, we published our first Environment Report, which we have consistently developed and refined into todays Sustainability Report. 19% of our workforce were women, up 0.6% from 2019. Letter from the CEO. Transnet Port Terminals (TPT) is one of five operating divisions of Transnet SOC Limited, South Africas state-owned freight transport and handling company. This Sustainability Report is prepared using the Global Reporting Initiative Standards core option. In previous years, Transnet was predominantly focused on financial reporting in our annual reports, whilst elaborating on the outcomes of specific developmental mandates in terms of our sustainability reporting. Annual increases for management levels are informed by individual performance ratings. Download full PDF. Following the completion of the three-year banking period, the vesting payment is also subject to individual performance-rating and talent-rating criteria. Download full PDF. ExxonMobil's Covid-19 response. Sustainability Report 2019 Accelerating sustainable progress. Sustainability Reports Proof of our progress is tracked with thorough and transparent reporting With an eye toward our comprehensive 2030 commitments, our latest dispatches show that while bringing heating and cooling to people around the world were making big strides in sustainability. Increases occur once annually or in the event of a promotion. Transnet Online Integrated Report 2018. Sustainability Report 2019. The Sustainability Report provides information about sustainability activities conducted. Reports and Policies. Corporate Governance Report 2018 View PDF. Annual and Sustainability Report 2019. Going forward, as our integrated reporting becomes more established, we will improve on the external assurance of reported information to give readers more comfort that the information they receive is credible and reliable. Applicable to grade levels A, B and C, based on individual performance and talent cluster, Attract and retain the required talent to sustain business performance, Support a culture where success is celebrated and employees feel valued for their contribution to the business. The Company operates through five Operating Divisions spread throughout South Africa: Freight Rail, Transnet Engineering, National Ports Authority, Port Terminals and Pipelines. An integrated report is a concise communication about how an organizations strategy, governance, performance and prospects, in the context of its external environment, lead to the creation of value in the short, medium and long term. Transnet Online Integrated Report 2017 This sustain- ability report presents Transcoms sustainability efforts during 2019 and also outlines future plans of how Transcom will keep on supporting and enhancing the positive impact we can have on people and the planet. The measure of total average assets (ROTA) (excluding capital work in progress) is used as the Group LTI modifier. This document builds on the 2017 Creating Shared Value report, sharing the status on our goals and achievements at the end of 2019 as well as our 2020 outlook.
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