About this reportDownload pdf version
UNITED NATIONS (UN) SUSTAINABLE DEVELOPMENT GOALS (SDGs)
The UN SDGs set a long-term agenda to end poverty, protect the planet and ensure prosperity for all by 2030. In fulfilling our core purpose – to nourish and nurture more lives every day – Tiger Brands is committed to playing its role in delivering on these goals. As part of our strategic commitment to a sustainable future (see here), we have developed a set of commitments and targets relating to three key focus areas: health and nutrition; enhanced livelihoods; and environmental stewardship. In meeting these commitments and targets we believe we will provide a meaningful contribution to the following eleven SDGs:
REPORT BOUNDARY AND AUDIENCE
This sustainability report reviews Tiger Brands’ environmental, social and governance (ESG) performance for the period 1 October 2020 to 30 September 2021. It covers issues of particular interest to stakeholders in the ESG aspects of our operations, including our shareholders, employees, local communities, non-governmental organisations (NGOs), investors, customers, partners, suppliers and government. The report should be read in conjunction with our primary integrated annual report (IR) and our annual financial statements (AFS), published on our website: www.tigerbrands.com. The report covers the activities of all our operations in South Africa, and includes a report on our operations in Cameroon.
COMBINED ASSURANCE
We use a combined assurance model comprising assurance obtained from management and from internal and external assurance providers (see IR). Aside from our broad-based black economic empowerment (BBBEE) performance, and select emissions data, the non-financial data in this report has not been independently assured as we are still in the process of implementing a centralised data management system. Assurance for this report is limited to sign-off by the chief officers for the sections under their control.
REPORTING FRAMEWORKS
The reporting process for all our publications is guided by the
principles and requirements of International Financial Reporting
Standards (IFRS), the Value Reporting Foundation’s (VRF)
International
| * | Copyrights and trademarks are owned by the Institute of Directors in South Africa NPC and all of its rights are reserved. |
DIRECTORS’ RESPONSIBILITY
The content of this report has been managed by a dedicated reporting team. The Tiger Brands board, supported by the social, ethics and transformation committee (SETCO), has overall accountability for this report and has signed-off on the content.
SUPPORTING GLOBAL INITIATIVES
Tiger Brands takes a collaborative approach to sustainability issues by actively engaging with various forums:
- We are a member of the National Business Initiative (NBI), Strategic Water Partners Network (SWPN) and The Glass Recycling Company (TGRC)
- Tiger Brands has been independently assessed against FTSE4Good criteria and has satisfied the requirements to remain a constituent of the FTSE4Good Index
- We are a member of the Consumer Goods Council South Africa (CGCSA)
- We are a core signatory to the CGCSA Food Loss and Waste Voluntary Agreement (see Environmental stewardship)
- We are a founding signatory to the SA Plastics Pact (see Environmental stewardship).
BOARD APPROVAL
As a board, we have applied our collective mind to the preparation and presentation of the information in this report. We believe that the report addresses all material matters and that it presents a balanced and fair account of Tiger Brands’ performance for the financial year ended 30 September 2021, as well as an accurate reflection of our strategic commitments. On the advice of the audit committee, the board approved the sustainability report on 18 November 2021.
| Geraldine Fraser-Moleketi | Noel Doyle | Cora Fernandez |
| Board chairman | Chief executive officer | Audit committee chairman |