Barloworld

Commitments to external initiatives: 4.11 - 4.13

• 4.11 Explanation of whether and how the precautionary approach or principle is addressed by the organisation.

  The group is mindful of the precautionary principle and its related obligations. Our Code of Ethics (includes ‘Protect the environment’); our Worldwide Code of Conduct (We focus on environmental responsibility and preventing waste), and structured risk management approach ensures that future risks to the public and the environment from its activities are identified and considered. Activities related to any identified risk are addressed. This applies to all group activities, including building new facilities. The group's leading principals would be mindful of this principle in developing and introducing new products.

  
  

• 4.12 Externally developed economic, environmental, and social charters, principles, or other initiatives to which the organisation subscribes or endorses.

  Integrated Report:

  About this report - Our audience About this report -Supplementary documents This is Barloworld - Materiality Group executive: Human resources, strategy and sustainability report Group executive: Human resources, strategy and sustainability report Diversity and inclusion - Broad-based Black Economic Empowerment Sustainable development - The Energy Efficiency Pledge Governance review - Governance and ethics - Role and function of the board Governance review - Governance and ethics - Compliance with laws, rules, codes and standards

  Annual General Meeting:

  Letter from chairman Notice of the annual general meeting - Disclosures in regard to other Listings Requirements of the JSE applying to special resolution 3

  Consolidated Annual Financial Statements:

  Directors' report - International Financial Reporting Standards (IFRS) Accounting policies - Basis of preparation - 1. Accouting framework

  Corporate Governance:

  Governance framework - Role and function of the board Governance framework - Role and function of the board Governance framework - Compliance with laws, rules, codes and standards Governance framework - Regulatory and statutory compliance Governance framework - King III application Governance framework - Chapter 2 - Board and directors - 2.9

  Obligatory

  1. The King Report on Governance for South Africa (King III), effective in the 2011 financial year.

  Voluntarily in the group

  1. Ratified the UN Global Compact in December 2004
  2. Became a signatory to the South African Energy Efficiency Accord in 2005
  3. Is a signatory to the South African National Business Initiative's (NBI) Energy Efficiency Leadership Network's (EELN) Pledge which is also signed by the Department of Energy in South Africa in 25 September 2012 (formally)
  4. Applies the South African Department of Trade and Industry's broad-based black economic empowerment scorecard since its introduction in 2007 and relevant Industry Charters on empowerment and transformation
  5. Certain operations have ISO and other related certifications. See schedule of Externally certified programmes and coverage). Refer also to PR 5 for more detail.

  
  

• 4.13 Memberships in associations (such as industry associations) and/or national/international advocacy organisations in which the organisation.

  Integrated Report:

  Group executive: Human resources, strategy and sustainability report Engaging with our stakeholders - Stakeholder issues report Sustainable development - The Energy Efficiency Pledge Sustainable development - Inspiring social innovation: a step change Sustainable development - Acting externally on our environmental concerns

  The group is a member of or/signatory to:

  • Business Leadership South Africa (BLSA)
  • Black Management Forum (BMF) in South Africa
  • Business Unity South Africa (BUSA) Climate Change committee
  • Endangered Wildlife Trust (EWT)
  • Energy Efficiency Leadership Network (EELN)
  • EELN Advisory committee
  • National Business Initiative (NBI)
  • Network for Business Sustainability (South African Chapter)
  • South African Supplier Diversity Council (SASDC)
  • The Ethics Institute of South Africa
  • UN Global Compact
  • World Business Council for Sustainable Development (through NBI)
  • World Wide Fund For Nature (WWF)
  • Reputation Institute
  • Various chambers of commerce and industry
  • Various industry and other relevant associations through its respective divisions

  For more detail see also Institutional memberships 2015