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Sustainability report
 

Going forward
  Barloworld’s value creation philosophy requires that the totality of the group activities and the interests of all its stakeholders are addressed in order to ensure its long-term sustainability. This approach is reflected in the group’s strategic framework underscored by its 10 Pillars of Sustainability which articulate the group’s governing principles.
   
  Highlighted in these principles are the non-financial aspects of commercial activity and the requirement of responsible environmental conduct internally and in respect of the integrated solutions provided to customers.
   
  The group reports in terms of the GRI framework and manages its operations accordingly. In order to do so effectively, Barloworld has undertaken to improve the precision and relevance of its non-financial reporting which is a prerequisite to setting the appropriate targets and implementing the required strategies. This process also includes defining reporting boundaries and expanding the areas of data collection that are subject to third party review. Barloworld will continue to improve on the systems developed and introduced during the year, particularly regarding the measurement of its carbon footprint and the objective of reducing its underlying energy consumption, specifically in respect of non-renewable fossil fuels.
   
  Important also is the reduction of its water consumption and increasing its water recycling capabilities. Materials consumed and waste will also receive close attention. In this regard internal and customer consumption will be distinguished as will internally generated waste and customer waste. Recycling will remain a priority as will the proper disposal of hazardous and other waste. Legitimate and environmentally responsible waste disposal remains central to Barloworld’s environmental responsibilities.
   
  The health and safety of all employees is framed under the umbrella of a ‘Zero injuries or harm’ philosophy and the group will continue to ensure the necessary resources are committed to meaningfully pursue this objective.
   
 

Barloworld understands that in an increasingly competitive world, long-term value creation is not achievable through short-term solutions or obtainable at the expense of future generations. It is realisable only if the interests of all stakeholders are balanced and all derive lasting benefit. This is the cornerstone of its value creation philosophy and the approach it will follow into the future.