At the centre of our value-based management approach is the understanding that sustainable value creation requires that the interests of all stakeholders are addressed. We are committed to moving away from traditional stakeholder trade-offs to create shared value and meaningful relationships. The Barloworld Way of doing business focuses on developing and maintaining mutually beneficial, long-term relationships.
We aim to create value, ethics, practices and attitudes that are shared with our stakeholders, and believe that sustainability is an interlinking and intricate web of these values, practices, attitudes and relationships.
Although creating long-term value has always been central to our way of operating, the adoption of a value-based philosophy in 1999 allowed us to formalise our approach, which is entrenched into the group’s strategic and management structures and processes.
The pyramid representing our direct stakeholder groups rests on the social and
physical environment in which we operate
The interests of our stakeholders are factored into our business operations and the management of our economic, social and environmental issues. We believe in creating shared value and meaningful relationships through in-depth planning and rigorous relationship management programmes. Read our Stakeholder Engagement Policy
We are committed to responsible citizenship and long-term value creation for all our stakeholders, and we manage our business in an integrated manner, embraced by a strong governance environment which is underpinned by our Worldwide Code of Conduct