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Social, Ethics and Transformation
Committee’s report
Dear stakeholders
I am pleased to report on the activities
of the Committee for the financial
year ended 31 May 2017.
The Committee was formed in
February 2012 in accordance with
section 72(4) of the Act and operates
under Board-approved terms of
reference, which includes holding
meetings twice per financial year.
As prescribed by the Act, the role of
the Committee is to monitor the
Group’s activities in respect of:
f
social and economic development,
including the Group’s compliance
with the Broad-Based Black
Economic Empowerment Act and
the Employment Equity Act;
f
consumer relations and the Group’s
compliance with consumer
protection laws;
f
the Group’s standing in terms of the
ILO protocol on decent work and
working conditions, the Group’s
employment relationships and its
contribution to the educational
development of its employees;
f
good corporate citizenship,
including the Group’s promotion
of equality, prevention of unfair
discrimination and reduction of
corruption, contribution to
development of the communities in
which the Group operates, and its
record of sponsorships, donations
and charitable givings;
f
the environment, health and public
safety and the impact thereon of
the Group’s activities; and
f
the ten principles of the United
Nations Global Compact.
This year the Committee met twice.
Areas discussed with management
included transformation across the
Group’s workplace focusing on the
following issues:
f
The regulatory landscape.
f
Impacts of the revised and clarified
dti codes of good practice.
f
Reviewing current initiatives and
their effectiveness and making
appropriate recommendations.
f
Monitoring progress of the roadmap
to address equity B-BBEE shortfalls.
f
Company and subsidiary B-BBEE
ratings.
The following items were also
considered during the year:
f
Social and economic development
matters.
f
Coaching and skills development
initiatives.
f
Employment equity, including
feedback from the Group
Employment Equity Committee.
f
Ten principles of the United Global
Compact.
f
Corporate citizenship:
– Corporate Social Investment,
including monitoring and spend
on projects;
– sponsorship and donations, in
particular our ongoing support of
the flagship project, the Boys &
Girls Club in Protea Glen, Soweto;
and
– ethics statement and whistle-
blowing policy.
f
Environment:
– health and safety review;
– health and safety practices; and
– review of environmental footprint.
The Committee believes that the
Group complies with the statutory
duties, save for issues being addressed
by management with regard to
employment equity and aspects of
procurement as the Group purchases
mainly from the networks and power
utilities.
On 11 January 2017 Yusuf Mahomed
resigned and on 7 March 2017 we
welcomed Phuti Mahanyele as a
member to the Committee.
I look forward to reporting on our
progress next year.
SJ Vilakazi
Chairman
23 November 2017
BLUE LABEL
INTEGRATED ANNUAL REPORT 2017
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