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22

Tiger Brands Limited

Sustainablility report

NOTICE OF AGM

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WHO WE ARE

Tiger Brands is one of Africa's largest listed manufacturers of fast-moving consumer goods (FMCG). Our core business is the manufacture, marketing and distribution of everyday branded food and beverages.

2022 PERFORMANCE SUMMARY

  • HEALTH AND NUTRITION
  • ENHANCED LIVELIHOODS
  • ENVIRONMENTAL STEWARDSHIP
  • CRITICAL ANCHORS
  • Health and nutrition

  • 109 million breakfasts served since inception (2021: 12 million breakfasts served)
  • 74 177 learners supported by Tiger Brands Foundation (2021: 79 640 learners)
 

Launched seven new health and nutriiion products:

  • Energade Zero
  • Energade BOOST
  • Purity Jars (reformulated to increase the "good for you" ingredients)
  • Vi-Daylin Gummies
  • ACE Instant Porridge
  • Purity Baby Oats
  • Tastic Rice Cakes and Chips

    Driving consumer health awareness through our brands on:

  • Heart health (Jungle products)
  • Fibre (Ace maizemeal)
  • Immunity (Morvite)
  • Nutrition (Albany)
  • Fruit and vegetables (KOO)

  • Enhanced livelihoods
  • B-BBEE Level 2
  • R104 million Dipuno ESD Fund (2021: R85 million)
  • Dipuno ESD Fund: R54,4 million disbursed (2021: R26,2 million)
  • R14,1 billion spent with B-BBEE-verified suppliers (2021: R13,5 billion)
  • R6,6 billion spent with black-owned enterprises (2021: R5,6 billion)
  • R5,1 billion spent with black women-owned enterprises (2021: R4,3 billion)
  • R25,8 million total socio-economic development spend (2021: R22,9 million)
  • Environmental stewardship

Year-on-year performance:

  • 12,2% reduction in total GHG emissions, 12,9% reduction in GHG emissions intensity
  • 7,2% reduction in absolute energy use, 7,9% reduction in electrical energy intensity
  • 8,3% reduction in absolute water use, 7,1% reduction in water intensity
  • 32% reduction in landfill waste intensity
  • Critical anchors
  • Three fatalities (2021: Zero)
  • 0,45 LTIFR (2021: 0,31)
  • R4,3 billion paid in salaries and benefits to 9 356 permanent employees (2021: R4 billion to 10 058 employees)
  • R96,9 million invested in employee training and development (2021: R93,8 million)

LEADERSHIP REVIEWS

  • CEO's REVIEW
  • SETCO's WELCOME
  • NOEL DOYLE CHIEF EXECUTIVE OFFICER

In a relentlessly tough operating environment, we have stabilised the business and made some important strides in delivering our sustainability strategy. We continue to increase our effort and investment in driving progress toward the achievement of our societal commitments on improving consumer health and nutrition, enhancing livelihoods and reducing our environmental footprint.

  • EMMA MASHILWANE SETCO CHAIRPERSON

Welcome to readers of the Tiger Brands sustainability report 2022. The sustainability report is aimed at stakeholders who are interested in Tiger Brands' sustainability strategy, and how the company is performing in managing its positive and negative impacts on society. The social, ethics and transformation committee for which I am the chairperson, ensures that there is board-level oversight on sustainability management at Tiger Brands, so I am well-placed to offer a high-level overview of the company's positioning and progress.

OUR STRATEGY

Our strategy for sustainable profitable growth is supported by six strategic pillars, underpinned by our core values.

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  • Building a growth pipeline
  • Meet the needs of consumers
  • Optimising our supply chain
  • Being obsessed about cost savings and efficiencies
  • Igniting our people
  • Investing in a sustainable future

OUR VALUES

  • We treat each other with care and respect
  • We deliver with passion and excellence
  • Safety and quality are non-negotiable for us
  • We embrace diversity and inclusivity
  • We act with integrity and accountability in all we do