Sustainability reporting in terms of the Global Reporting Initiative (GRI)

This report is guided by the third generation sustainability reporting framework developed by the Global Reporting Initiative (GRI) and referred to as G3. From the previous GRI reporting framework, the changes reflected in G3 are predominantly aimed at increasing the comprehensibility of the guidelines, and the comparability of annual reports.

Through the improved G3 framework we believe that our reporting practices promote transparency, enhance the clarity and credibility of our communication with our stakeholders, facilitate comparisons across various organisations throughout the world and address issues that concern stakeholders.

Given the diverse nature of Barloworld, materiality, prioritisation and stakeholders were identified on an issue basis. The organisation included principles on defining report content according to materiality to the various divisions, their stakeholders and the group as a whole.

Assumptions and calculations made concerning various data have been discussed with the reporting of that particular data. This report contains calculations for various parameters for the first time. These processes will be refined and improved over the next few years.

We are, therefore, rating ourselves at a B level since we have reported on many of the performance indicators including at least one from each section and have made a number of management disclosures in terms of these indicators.

Our intention is to give readers of this report a clearer understanding of our operations, the factors that drive them and the impact that they have on the economic, social and physical environments in which we conduct our business.

Sustainability REPORTS

2007
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2006
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2005
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