We believe in tracking our performance, as this supports our quality management philosophy
and ensures consistent delivery and continuous improvement.
The next few pages outline key scorecards in terms of performance, as well as external awards received. We have reported in line with these scorecards
for a number of years to allow readers to evaluate our progress.
-
JSE LIMITED SOCIALLY RESPONSIBLE INVESTMENT INDEX (SRI) SCORECARD
The JSE Limited rates companies annually in terms of sustainability measures. Our ratings are listed below:
| |
|
F2010* |
|
F2009 |
|
F2008 |
|
| |
Overall result |
Best performer |
|
Best performer |
|
Best performer |
|
The JSE only provides an overall result, not a breakdown.
* The JSE will only release 2011 ratings in November.
"The group was rated last year for the third year as a “best
performer”. We were also one of the best performers in the
high environmental impact category."
Broad-based black economic empowerment
The empowerment audit is conducted annually in September, verifying the data for the most recent
year end completed.
-
BBBEE SCORECARD (GROUP FIVE LIMITED)
|
|
|
|
|
|
Construction |
|
Construction |
|
Construction |
|
| |
|
|
|
|
|
Charter |
|
Charter |
|
Charter |
|
| |
|
|
|
|
|
scorecard |
|
scorecard |
|
scorecard |
|
| |
|
|
|
Weighting |
|
F2011 |
|
F2010 |
|
F2009 |
|
| |
Core components |
|
BBBEE elements |
points |
|
%(1) |
|
%(2) |
|
%(3) |
|
| |
Direct empowerment |
|
Ownership |
25 |
|
17.1 |
|
19.55 |
|
17.79 |
|
| |
|
|
Management control |
10 |
|
6.62 |
|
6.97 |
|
3.25 |
|
| |
Human resource empowerment |
|
Employment equity |
10 |
|
9.22 |
|
5.91 |
|
2.06 |
|
| |
|
|
Skills development |
15 |
|
14.41 |
|
12.8 |
|
5.53 |
|
| |
Indirect empowerment |
|
Preferential procurement |
20 |
|
18.43 |
|
15.68 |
|
12.15 |
|
| |
|
|
Enterprise development |
15 |
|
15 |
|
15 |
|
15.0 |
|
| |
|
|
Socio-economic development |
5 |
|
5 |
|
2.9 |
|
5.00 |
|
| |
Total |
|
|
100 |
|
85.78 |
|
78.77 |
|
60.78 |
|
| |
Empowerment level |
|
|
|
|
2 |
|
3 |
|
5 |
|
| (1) |
As audited by BEE Verification Agency cc for the year ended 30 June 2010. |
| (2) |
As audited by BEE Verification Agency cc for the year ended 30 June 2009. |
| (3) |
As audited by BEE Verification Agency cc for the year ended 30 June 2008. |
 |
The group is the only
large construction group
to have achieved a Level
2 rating. |
The group achieved
100% in terms
of the enterprise
development and
socio-economic
development ratings. |
The group was rated as
the “best in the industry“
in terms of skills
development.* |
 |
|
"During the year,
there was an
increase in
the number of
black employees
in the group." |
-
EMPLOYMENT EQUITY SCORECARD
| |
Sustainability indicator |
F2011 |
|
F2010 |
|
F2009 |
|
F2008 |
|
F2007 |
|
| |
Total employee headcount (all employees) |
11 997 |
|
12 497 |
|
14 050 |
|
13 455 |
|
13 928 |
|
| |
Number of unionised employees |
2 285 |
|
2 416 |
|
1 752 |
|
1 006 |
|
1 786 |
|
| |
% of permanent employees on medical schemes |
45.5 |
|
44.2 |
|
40.2 |
|
49.3 |
|
45 |
|
| |
% of employees over-border |
20.9 |
|
16.9 |
|
26.4 |
|
30.69 |
|
40.0 |
|
| |
% of black employees within the South African |
|
|
|
|
|
|
|
|
|
|
| |
permanent workforce |
87.4 |
|
78.5 |
|
78.4 |
|
77.7 |
|
66.7 |
|
| |
% of black employees in Peromnes grades 1 – 3 |
|
|
|
|
|
|
|
|
|
|
| |
(executive and senior management) |
13.3 |
|
10.0 |
|
9.5 |
|
5.3 |
|
– |
|
| |
Number of black male bursary students |
79 |
|
73 |
|
129 |
|
106 |
|
71 |
|
| |
As a % of total bursary students |
43 |
|
43 |
|
50 |
|
59 |
|
47.7 |
|
| |
Number of black female bursary students |
38 |
|
35 |
|
50 |
|
23 |
|
34 |
|
| |
As a % of total bursary students |
21 |
|
20 |
|
19 |
|
18 |
|
23 |
|
 |
|
|
We recruited a large number of black
students onto our bursary
programmes during the year, creating
a strong pipeline of black talent. |
Although still an area
requiring focus, the number
of female black bursary
students also improved. |
-
SKILS DEVELOPMENT
| Sustainability indicator |
2011 |
|
2010 |
|
F2009 |
|
F2008 |
|
F2007 |
|
| a) |
Annual value spent on training and development programmes – (R million) |
37,9 |
|
31,5 |
|
37,8 |
|
23,2 |
|
18,6 |
|
| |
i) Total number of training interventions* |
17 234 |
|
14 941 |
|
8 933 |
|
5 780 |
|
6 010 |
|
| |
ii) Total number of training interventions – semi-skilled and unskilled* |
9 415 |
|
5 846 |
|
3 729 |
|
2 922 |
|
3 432 |
|
| b) |
Annual value incurred on bursary expenditure – (R million) |
6,6 |
|
6,0 |
|
9,3 |
|
6,8 |
|
6,5 |
|
| |
i) Number of bursary students |
183 |
|
171 |
|
258 |
|
178 |
|
149 |
|
| |
ii) Number of female bursary students |
43 |
|
40 |
|
55 |
|
27 |
|
37 |
|
| c) |
Annual value spent on learnerships and apprenticeships – (R million) |
4,9 |
|
3,9 |
|
3,6 |
|
3,7 |
|
3,1 |
|
| |
i) Learners on learnership and apprenticeship programmes |
201 |
|
214 |
|
231 |
|
175 |
|
161 |
|
| |
ii) Unemployed learners registered on learnership |
|
|
|
|
|
|
|
|
|
|
| |
and apprenticeship programmes |
128 |
|
163 |
|
149 |
|
45 |
|
94 |
|
| d) |
Number of students on the Group Five |
|
|
|
|
|
|
|
|
|
|
| |
Programme in Management Development (PMD) |
20 |
|
23 |
|
25 |
|
17 |
|
20 |
|
| e) |
Total annual training spend – black employees – (R million) |
18,1 |
|
14,7 |
|
20,2 |
|
14,7 |
|
14,2 |
|
* For employees.
|
The group continued
to focus on skills
development even
against challenging
markets, with spend
increasing to
R38 million. |
The training spend
on black employees
increased to
R18 million
– around 50% of the
total training spend
on employees. |
Learnership spend
increased by 26%
during the year and
included a learnership
to support
disabled learners. |
 |
|
"R3,1 billion of
total South Africa
procurement spend
of R5,8 billion was
spent on empowered
suppliers." |
|
Expenditure with
black women-owned
businesses increased by
more than 70%. |
Expenditure with black-owned
businesses increased by
more than 60%. |
-
PREFERENTIAL PROCUREMENT SCORECARD (GROUP FIVE LIMITED)
| |
Measurement principle |
Points |
|
Target per
Construction
Charter
F2013 target |
|
Actual
F2011* |
|
Actual
F2010** |
|
Actual
F2009*** |
|
Actual
F2008**** |
|
| |
Preferential spend with all suppliers |
12 |
|
50% |
|
55.2% |
|
49.1% |
|
45.1% |
|
34.8% |
|
| |
Preferential spend with qualifying |
|
|
|
|
|
|
|
|
|
|
|
|
| |
small and emerging micro enterprises |
3 |
|
10% |
|
19.2% |
|
11.42% |
|
6.3% |
|
5.5% |
|
| |
Preferential spend with enterprises |
|
|
|
|
|
|
|
|
|
|
|
|
| |
that are more than 50% black owned |
3 |
|
9% |
|
14.9% |
|
9.2% |
|
7.9% |
|
3.8% |
|
| |
Preferential spend with enterprises that are more |
|
|
|
|
|
|
|
|
|
|
|
|
| |
than 30% black women owned |
2 |
|
6% |
|
3.3% |
|
1.9% |
|
0.1% |
|
0.7% |
|
| |
Weighted score |
20 |
|
~~~ |
|
19.10 |
|
18.43 |
|
15.68 |
|
11.49 |
|
| * |
Provisional and unaudited – To be audited in September 2011. |
| ** |
As audited by BEE Verification Agency cc in September 2010 (Group Five). |
| *** |
As audited by BEE Verification Agency cc in September 2009 (Group Five). |
| **** |
As audited by BEE Verification Agency cc in August 2008 (Group Five Construction (Pty) Limited). |
| ~~~ |
A weighted score is not done for targets. |
-
ENTERPRISE DEVELOPMENT SCORECARD
| |
Sustainability indicator |
F2011 |
|
F2010 |
|
F2009(1) |
|
F2008(2) |
|
F2007 |
|
| |
Annual value of total direct costs incurred by the group – (R million) |
0,5 |
|
0,6 |
|
– |
|
– |
|
– |
|
| |
Value of funding provided by the group |
|
|
|
|
|
|
|
|
|
|
| |
– Total capital due to the group as at 30 June – (R million)# |
14,1** |
|
12** |
|
97 |
|
60 |
|
50 |
|
| |
– Financial institution guarantees issued from the group’s |
|
|
|
|
|
|
|
|
|
|
| |
facilities as at 30 June – iLima*** – (R million) |
54 |
|
54 |
|
75 |
|
141 |
|
119 |
|
| |
Number of black-owned entities with which the group is |
|
|
|
|
|
|
|
|
|
|
| |
engaging in significant joint venture partnerships* |
12 |
|
18 |
|
22 |
|
25 |
|
10 |
|
| |
Number of formal enterprise development partnership |
9 |
|
7 |
|
8 |
|
2 |
|
1 |
|
| |
Total value of contracts being executed with black-owned joint |
|
|
|
|
|
|
|
|
|
|
| |
venture partners* – (R billion) |
2,0 |
|
7,8 |
|
8,6 |
|
13,5 |
|
4,1 |
|
| |
Construction scorecard points obtained out of 15 |
15 |
|
15 |
|
15 |
|
15 |
|
15 |
|
| (1) |
As audited by BEE Verification Agency cc for the year ended 30 June 2009. |
| (2) |
As audited by BEE Verification Agency cc for the year ended 30 June 2008. |
| * |
Although not specifically qualifying for enterprise development in terms of the Construction Charter, Group Five has entered into a number of joint venture contracts
with black-owned companies. Refer to page 64 on the CD. |
| ** |
Excludes all previous spend on iLima (R117 million) and represents spend on new enterprise development partners. |
| *** |
Guarantees in issue with respect to iLima. |
| # |
While financial assistance increased during the year, the majority of this was in the form of loans which are secured against future profit distributions on joint ventures.
Where a loan amount is unsecured, we monitor the financial position of the relevant entity on a monthly basis and reserve the right to step in to secure our position
when required. |
|
Five enterprise
development partners
enhanced their
construction industry
Development Board (ciDB)
ratings during the year. |
Financial assistance
increased, with the majority
of loans provided secured
against future profit
distributions on joint
ventures. Refer to note#. |
|
|
"Formal enterprise
development partnerships
increased from seven to
nine during the year." |
| "SED spend as
a percentage of
South African
net profit after
tax was 2%**." |
|
 |
-
SOCIO-ECONOMIC DEVELOPMENT (SED) SCORECARD
| |
Sustainability indicator |
F2011 |
|
F2010 |
|
F2009 |
|
F2008 |
|
F2007 |
|
| |
Targeted SED spend as a % of SA operations’ net profit after tax |
1 |
|
1 |
|
1 |
|
1 |
|
n/a* |
|
| |
Actual SED spend as a % of SA operations’ net profit after tax |
2.0** |
|
4.4 |
|
1.2 |
|
2.5 |
|
n/a* |
|
| |
Total annual spend on SED programmes – (R million) |
6,1 |
|
7,9 |
|
4,5 |
|
3,1 |
|
2,7 |
|
| |
Number of unemployed people trained as part of the |
|
|
|
|
|
|
|
|
|
|
| |
People at the Gate programme |
207 |
|
214 |
|
265 |
|
117 |
|
68 |
|
| |
% of unemployed people securing positions after training |
95 |
|
90 |
|
100 |
|
89 |
|
100 |
|
| |
Number of non-profit organisations benefiting from the |
|
|
|
|
|
|
|
|
|
|
| |
group’s SED programmes |
35 |
|
48 |
|
30 |
|
20 |
|
14 |
|
| * |
In line with the dti Codes of Good Practice, the target was set as a percentage of net profit after tax and not payroll. In F2007 the Construction Charter was not Gazetted yet. |
| ** |
South African net profit after tax before Construction Materials impairment. |
|
The number of people
securing positions after
People at the Gate training
increased to 95%. |
The group remained committed
to sED even against volatile
trading conditions, with spend
of 2% of net profit after tax. |
|
