| Empowerment rating |
| Bidvest, a level five contributor, with an unconstrained operational capacity, has a “BBB” empowerment rating from Empowerdex. |
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| Top empowerment companies 2007 survey |
| Bidvest was ranked 10th in the Financial Mail/Empowerdex “Top Empowerment Companies 2007” survey, which included the top 200 listed companies in South Africa. |
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| Fitch Ratings |
| Fitch Ratings affirmed Bidvest’s credit rating as an AA- (zaf). AA- (zaf) ratings denote a very strong credit risk relative to other issuers in the same country. |
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| Dow Jones Sustainability World Index |
| Bidvest is one of only three South African companies listed in the Dow Jones Sustainability World Index 2007, a grouping of global organisations that meets stringent criteria for strategic strength, innovation, financial performance and stakeholder relations. |
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| JSE Social Responsibility Investment Index |
| Based on an assessment of the Group’s policies, performance and reporting on economic, social and environmental sustainability, the JSE has reaffirmed Bidvest as a founding constituent of the SRI Index. |
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| Forbes Global 2000 – the world’s 2 000 largest public companies |
| Forbes Global 2000 is a list of the world’s largest and most influential companies in terms of US dollars based on a composite ranking which includes sales, market value, assets and profits. Bidvest is currently ranked at 1 115th after being ranked at 1 162nd in 2005. (Value of $6,32 billion). |
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| FTSE/JSE Africa Index Series ranking |
| In the June 2007 FTSE/JSE Africa Index Series quarterly review, Bidvest was ranked 25th in both the FTSE/JSE All Share Index and Top 40, 8th in the FTSE/JSE Industrial 25, with a market capitalisation of R48,4 billion, a 100% free float and the JSE’s highest liquidity rating. |
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| Morgan Stanley International Emerging Market Index |
| Bidvest is considered to have an 80% free float for the MSCI SA Index, and a weighting of 2,4%. |
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| Bidvest as an employer of choice |
| Bidvest has been recognised by a panel of experts as one of the top 10 companies to work for in South Africa in research undertaken by the Corporate Research Foundation. |
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| 2007 Sappi African printers of the year award |
| The Bidvest annual and sustainability reports won the gold medal for 2007, for excellence in printing. The competition benchmarks against world-class publications which reflect a responsible attitude towards the environment. |
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| Company confidence predictor |
Bidvest performed exceptionally well, rating not only top in total (across all 28 characteristics used in the evaluation) within the Industrial Sector, but also among the major large capitalisation companies from all sectors. Bidvest also performed well in terms of “Company Basics” and “People”.
In the Industrial Sector Bidvest was the leader in “Communications”, held second place for “Social Relations” and third for “Ethics” and “Future Prospects”.
Among the most important characteristics as rated by the investment professionals, some individual characteristics in which Bidvest led in the Industrial Sector were “has inherently strong products, services or subsidiaries”, “is a well-managed company”, “makes effective use of capital”, “is alert to new ideas to improve profitability”, “has an effective chief executive” and “chief executive is a straight talker”.
Among the major large capitalisation companies from all sectors, Bidvest also headed the list with “has inherently strong products, services or subsidiaries”, “is a well-managed company” and “has an effective chief executive”. |
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| Community Growth Funds SRI awards |
| Bidvest is one of only 11 winners of the inaugural Unity Awards backed by major trade unions, recognising Bidvest’s credentials as an empowered, socially responsible employer. |
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| Ernst & Young – excellence in sustainability reporting |
| Bidvest was placed in the top five for excellence in sustainability reporting in a survey organised by Ernst & Young, which ranked all 58 companies listed on the JSE’s Socially Responsible Investment Index. |
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| The South African JSE annual report awards |
| Bidvest ranked in the JSE South African annual report awards winners. |
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| Most admired company |
| In the Finweek‘s “most admired CEOs and companies” peer review survey, Bidvest was ranked within the top 10 companies recognised and ranked 6th in terms of turnover. Brian Joffe was listed within the top five CEOs. |
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| South Africa’s leading managers |
| Brian Joffe has been recognised in South Africa’s leading managers collated by the Corporate Research Foundation. Being at the helm of Bidvest, which has maintained its record of 19 years of uninterrupted earnings growth, Brian Joffe celebrates a “decentralised methodology”, which he describes as harnessing the enthusiasm of each and every staff member at all levels of the business. |
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