OUR SUSTAINABILITY REPORT
Acknowledgements
It is with sadness and gratitude that we say farewell to Stiaan Wandrag, our sustainability and external reporting director. Stiaan left the company in September 2022, due to an ongoing health concern. Stiaan joined Tiger Brands in January 2018, and over the past five years has been integral to moving our sustainability agenda and reporting forward. His contribution to our business is evident in the many programmes we have introduced in recent years to strengthen our ESG performance. We will miss his expertise, and the warm and generous way he shared his time and experience.
Our sustainability report (SR) reviews Tiger Brands’ environmental, social and governance (ESG) performance for the period 1 October 2021 to 30 September 2022, and is informed by the GRI Sustainability Reporting Standards, JSE Sustainability Disclosure Guidance and the Task Force for Climate-related Financial Disclosures (TCFD). The SR is written as a supplement to the integrated annual report (IR), and targets a broad range of stakeholders, including shareholders, employees, local communities, non-governmental organisations (NGOs), investors, customers, partners, suppliers and government. The report covers the activities of all our operations in South Africa and includes a report on our operations in Cameroon.
Impact materiality
In accordance with our “double materiality” approach here, we adopt an “impact materiality” perspective in this report, focusing on our material impacts on people, society and the environment. Our aim is that all the information in this report is of material interest to users wishing to make such an assessment of our impact and is structured in a manner that supports this. The structure of the report follows our sustainability strategy, which represents a framework of our most material ESG issues.
Assurance
We use a combined assurance model comprising assurance obtained from management and from internal and external assurance providers. Aside from our broad-based black economic empowerment (B-BBEE) performance, and select emissions data, the non-financial data in this report has not been independently assured. Assurance for this report is limited to sign-off by the chief officers for the sections under their control in the sustainability approach.
Board approval
The Tiger Brands Board, supported by the social, ethics and transformation committee (SETCO), has overall accountability for this report. The audit committee reviewed the completeness of the disclosures and recommended it to the board for approval. The board is satisfied that the report addresses the most material sustainability concerns for the business, provides an accurate reflection of the group’s strategic commitments, and a fair account of our performance for the financial year ended 30 September 2022. The board approved and signed off on the sustainability report on 1 December 2022.
Geraldine Fraser-Moleketi
Chairman
Noel Doyle
Chief executive officer
Cora Fernandez
Chairman of audit committee