Phumzile Langeni - Group chairman
Deepening
our legitimacy"Our strategy and focus place Imperial Logistics at the centre of a socioeconomic movement for Africa’s advancement. Logistics services do not only create new value by providing essential services to clients, they are also key in unlocking inherent value. We offer our multinational clients a gateway to African consumers, no matter how remote, and also provide Africans with access to global products – helping to integrate Africa into the global economy. With that integration comes the economic opportunities that are already helping to relieve poverty and improving the quality of lives across the continent. Education, healthcare, gender equity – these all follow where economic development opens markets for social development. Here too, growth can create life-changing opportunities for those who are marginalised. We are proud to contribute to the distribution of opportunity, more equity and, hopefully, greater social justice in Africa.
Grounded in the highest standards of corporate and operational governance, our legitimacy extends to demonstrable corporate citizenship in all its many aspects – actively overseen by our vigorous social, ethics and sustainability (SES) committee."
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Giving substance to the SES committee’s moral mandate
The SES committee guides, oversees, provides policy direction and monitors Imperial Logistics’ sustainable development initiatives. In so doing, it gives substance to its moral mandate to balance the group’s need to compete for limited resources in the interest of commercial success, with the need to sustain the health of the ecosystem we live in, with its interconnected social, economic and natural elements. This means we accept that we have a duty to support our stakeholders in reinforcing their own sustainability. Indeed, the challenge of the SES committee is not merely to ensure that Imperial Logistics is on the prescribed track, but that we continue to contribute to bending the moral arc towards social, economic and environmental justice.
Thembisa Skweyiya - SES committee chairman
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Report from the chairman of the social, ethics and sustainability committee -
Demonstrate consistently ethical business conduct
Recognition
Worldwide Healthcare in Nigeria was recognised by the London Stock Exchange Group as one of the Companies to Inspire Africa for 2019.
As of June 2019, Imperial Logistics was included in the Vigeo Eiris, Top 100 Best Emerging Markets Performers ranking (the 100 most advanced companies out of 967).
EcoVadis rating
The automotive business in Europe
achieved gold status
scoring 64 out of 100 points in the independent international EcoVadis rating system.
FTSE Russel Index Series (June)
Overall score 3,7out of five.
- Environmental score: 3,1
- Social score: 3,2
- Governance score: 5,0
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Our credibility as a well-governed South African listed multinational able to demonstrate consistently ethical business conduct is fundamental to our competitive advantage. It also ensures that we secure and maintain partnerships with high-quality clients and are able to attract ethical employees. Our commitment to acting with uncompromising honesty and integrity begins with our leaders who set the correct tone from the top.
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Demonstrate consistently ethical business conduct
OUR SUSTAINABLE DEVELOPMENT PRIORITIES
Effective human capital management
Our employees are critical enablers of our strategy and key to improving our performance. Their level of engagement, relevant skills and diverse ideas determine the efficacy of our client-focused solutions, operational excellence and continuous improvement. Going forward, our people management strategy will centre on becoming an employer of choice and developing a highly engaged workforce, with both aspects being a direct result of a strong corporate culture. Our success will enable us to reap the benefits of an empowered workforce and strengthen our ability to attract and retain talent to deliver on our strategic objectives.
Link to material issues
- Simplify and align organisational structures to deliver our strategy.
- Establish the foundations to drive the “ONE Imperial” approach.
- Attract, develop and retain employees with the right management and technical skills to drive strategic delivery and propel future growth.
- Develop current and future leaders to drive the group’s strategy, the desired culture and the “ONE Imperial” approach.
- Enhance transformation and diversity across the organisation.
- Embed best people management practices across the group to underpin a competitive employee value proposition and position the group as an employer of choice.
- Implement standardised key performance indicators (KPIs) to drive strategic execution within individual businesses.
- Ensure fair and responsible remuneration practices.
- Maintain corporate citizenship credentials.
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Effective human capital managementDemonstrate defensible safety practices
Safety is a standard requirement in client contracts given the nature of the diverse products managed by Imperial Logistics. Products range from fuel and chemicals to food, alcohol and medication. Transporting and warehousing these products require robust safety controls to protect consumers and our employees. Our aim is to drive a safety culture in all our business activities as a key differentiator in our client and employee value propositions.
Link to material issues
- Demonstrate defensible safety practices.
- Ensure adherence to governance processes and other internal controls.
- Leverage partnerships to deliver growth.
- Maintain corporate citizenship credentials.
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Demonstrate defensible safety practicesSupport relevant social imperatives within our operating regions
Deepening Imperial Logistics’ legitimacy in the countries and communities in which we operate is fundamental to our success, relevance and value creation. The initiatives in which we invest and actively participate must provide tangible solutions to socioeconomic problems and sustainable benefits to these countries and communities. In South Africa, we expect our 2019 broad-based black economic empowerment scorecard to achieve a Level 3 rating against the amended dti Codes and a Level 2 rating against the Road Freight Sector Codes.
Link to material issues
- Simplify and align organisational structures to deliver our strategy.
- Entrench group standards for social performance.
- Leverage partnerships to deliver growth.
- Demonstrate defensible socioeconomic value creation.
- Implement standardised KPIs to drive strategic execution within individual businesses
- Maintain corporate citizenship credentials.
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Support relevant social imperatives within our operating regionsEnvironmental stewardship
Imperial Logistics’ ability to minimise supply chain risk for our clients underpins our competitive advantage. This means we must develop solutions that drive efficiencies – particularly in terms of fuel consumption, a major driver of logistics cost – and ensure, as far as possible, continued service despite extreme weather conditions. Tenders and stakeholder engagement are increasingly focused on our ability to understand and adapt to the climate change risks that impact the markets and long-term interests of our clients.
Link to material issues
- Entrench group standards for environmental management.
- Leverage partnerships to deliver growth.
- Continually improve process efficiency.
- Demonstrate environmental stewardship.
- Ensure adherence to governance processes and other internal controls.
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Environmental stewardshipAdditional information
- customise • collaborate • compete
- IMPERIAL LOGISTICS Sustainability Report 2019