ESG INTRODUCTION
“We recognise that environmental, Social and Governance (ESG) factors play an important role in assessing the long-term sustainability of investments.
Accordingly, we believe that the integration of ESG factors into our development and investment processes is a crucial step and will ultimately lead to increased value and lower risk in our portfolio.
These factors are used to identify better-managed policies with business models that are likely to face headwinds driven by environmental, social and governance failures.
They will also form part of our risk assessment model, where all developments, acquisitions and any other opportunistic transactions are compared on a relative basis.
Our ESG policy statement defines our vision and objectives with respect to responsible behaviour and conduct at all times.”
ESG PILLARS
Environment
Addressing the Environmental Sustainability issues through efficient use of smart technology, conservation of natural resources and reduction of carbon emissions.
- Immediate environment Due Diligence – defining the primary environmental issues.
- Solar – Alternative Energy Initiatives
- Investing in Horticulture and Agriculture
- Materials optimization through recycling, using environmentally friendly material and responsible disposal of waste.
- Concept and design
Socio Economic
Activating and maintaining community-centric initiatives that are meaningful and yield sustainable economic impact.
- Procurement policy
- Skills development
- SMME development
- Training (theory and practical work)
- Internship programs (in partnership with TVET Colleges, Universities and province
- CSI Partnerships / Initiatives
- Clinics (partnering with the medical fraternity to offer affordable healthcare)
- Development/Incubation centers
- Introduction of SMME to mainstream retail markets.
Governance
Adherence to regulatory bodies through responsible and accountable investment practices.
- Develop governance structures that are adequate for growth property investment companies.
- Establish policies, principles, and processes for various business streams.
- Code of ethics and framework for ethical conduct.
- Prioritisation of investment company committees that include that includes governance and ethics committee, audit and risk committee.
- Firming up financial controls and management