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Environmental performance |
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Climate change |
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Bidvest has identified climate change as an important issue and we continue to look for opportunities to improve our competitive position with respect to climate change. |
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Positioning Bidvest as a green company |
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Bidvest recognises that these threats also contain opportunities. In response, our companies are building environmental excellence into our reputation for quality, service, health and safety.
Not only do Bidvest companies measure their consumption of fuel, electricity and other carbon-costly resources, they also increasingly monitor other processes that affect the quality and efficiency of operations. By sharing best practices through Bidvoice and quarterly sustainability committee meetings, companies are learning how to apply new technologies to their businesses. |
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Carbon footprint |
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This year, Bidvest conducted its fifth greenhouse gas emissions inventory (carbon footprint), which included all Bidvest businesses. Data was collected in accordance with the Greenhouse Gas Protocol, compatible with other GHG standards such as the ISO 14064.
Emitting activities include: direct greenhouse (GHG) emissions resulting from fuel used by vehicles and equipment owned or controlled by Bidvest; indirect emissions from purchased electricity (Scope 1 and 2); and selected indirect emissions, for example resulting from business travel in corporate aircraft, or methane and nitrous oxide emitted by equipment not owned or controlled by Bidvest (Scope 3 emissions). Emissions within Bidvest car rental operations resulting from client usage of Bidvest owned cars are not included. |
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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. Bidvest, one of 30 best performers out of 109 listed companies included in the research, is one of 67 constituents of the index. Bidvest was assessed as having a low environmental impact. The index is the first of its kind in an emerging market and the first to be launched by a stock exchange.
Carbon Disclosure Project 2011
The United Nations-sponsored Carbon Disclosure Project provides investors with information about carbon emissions and climate change exposure of the world’s major corporations. Bidvest’s disclosure was ranked highly in South Africa.
Excellence in reporting awards 2010
Bidvest received an excellent rating in the Ernst & Young excellence in sustainability reporting awards and a merit at the ACCA (Association of Chartered Certified Accountants)/JSE sustainability reporting awards.
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Transformation in South Africa |
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In South Africa, Bidvest continues its drive towards economic equity through broad-based black economic empowerment and scores show further improvement. Transformation is managed at the operational level in our decentralised structure and some companies are ahead of others. The best measure of our overall success is reflected in the Bidvest Group BEE rating, which has improved again, reaching level 3 contributor status under the DTI Codes. |
Summary of DTI Codes scores for the Group
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Element |
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Indicator |
June 2011 |
June 2010 |
Target |
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Management control |
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Percentage black executive directors |
30,0 |
24,0 |
50,0 |
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Employment equity |
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Black disabled employees as a percentage of all employees
Percentage black employees at senior management
Percentage black employees at middle managemen
tPercentage black employees at junior management |
0,4
22,0
36,0
58,0 |
–
19,0
38,0
52,0 |
2,0
43,0
63,0
68,0 |
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Skills development |
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Skills development expenditure on learning programmes for black employees as percentage of leviable amount
Number of black employees participating in learnerships or category B, C and D as percentage of total employees |
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Preferential procurement |
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B-BBEE procurement spend from all suppliers based on B-BBEE procurement recognition levels as a percentage of total measured procurement spend |
65,0 |
51,0 |
50,0 |
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Enterprise development |
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Average annual value of all enterprise development contributions and sector-specific programmes made by the measured entity as a percentage of NPAT |
3,0 |
2,0 |
3,0 |
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Socio-economic development |
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Average annual value of all socio-economic development contributions and sector-specific programmes made by the measured entity as a percentage of the NPAT |
1,6 |
1,0 |
1,0 |
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Ownership |
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Percentage exercisable voting rights and economic interest of black people |
14,5 |
28,4 |
25,0 |
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Bidvest’s approach to BEE has moved away from a compliance mindset towards adopting transformation as a change management process and a commercially driven priority.
While many BEE pillars such as corporate social investment, preferential procurement and enterprise development are in place, we recognise that employment equity needs continued attention. The topic is discussed at every board meeting and over time we expect to achieve broad-based employment equity throughout our organisation.
Bidvest is a desirable employer, with generally low turnover rates, especially among senior management. Scope for growth at higher levels is limited and opportunities for new people in senior positions are rare. In dealing with this challenge, our strategy is to encourage every business to look at its own needs and ensure that when opportunities do become available, diverse applicants are considered and given preference if they are the right people for the position.
To foster senior level transformation in South Africa, Bidvest will continue to focus on training and skills development as part of its succession planning programmes, aiming its training at particularly promising individuals. |
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