OUR REPORT OVERVIEW:
Introduction
Reporting frameworks
Our integrated report is guided by various codes and standards as follows:
King IV Report on Corporate Governance for South Africa (King IVTM)
UK (United Kingdom) combined Code on Corporate Governance
Integrated Reporting Framework
Global Reporting Initiative (GRI standards)
Sustainable Development Goals (SDGs)
International Financial Reporting Standards (IFRS)
Uganda Retirement Benefits Regulatory Authority Act and the NSSF Act Cap 230
Guided by global frameworks, we leverage our capitals to create, preserve, and protect value for a sustainable future.
Our approach to value creation, preservation, and erosion
Our financial, human, manufactured, intellectual, social and relationship, and natural capitals facilitate every aspect of our business and our ability to create long-term value.
We have accordingly defined our structure, activities, and performance against our strategy in this report in terms of these six capitals. Value creation, preservation, and erosion are the consequences of how we apply and leverage our capitals as part of our strategy execution and are evident in how these capitals change over time.
Value creation
We empower people to secure their financial future and well-being by fostering a culture of saving, contributing to a more prosperous society.
Value preservation
The Board prioritises long-term value creation for all stakeholders by integrating ESG factors into responsible decision-making, fostering stability, and contributing to sustainable economic growth.
Value erosion
The Board actively mitigates value erosion for stakeholders by strategically leveraging our capitals and considering trade-offs in decision-making.
Our value creation process is illustrated in our business model.
A NEW DAY - CREATING SHARED VALUE FOR SUSTAINABLE GROWTH