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Government, authorities
and regulators
Nature of relationship
• Proactive interaction and communication at each business
• Group level engagement on overarching issues such as taxation
• Interaction with business associates
Material issues
• Need to meet requirements
of national authorities and
regulators
• Taxation issues
• Employment equity plans (in
South Africa)
• Crime and fraud prevention
Actions
• Proactive consultations
• Engagement with industry-
specific SETAs (in South
Africa) to train and potentially
hire qualified candidates
Environment
Nature of relationship
• Commitment to reduce environment impacts
• Group-wide focus, with reporting to board level to ensure this
remains a top priority
Material issues
• Need to cut energy,
fuel, water and
paper usage
• Recycling
opportunities
• Identification of
industry-specific
environmental
and sustainability
initiatives
Actions
• Cost reduction, elimination of
duplication and reduced water usage
included in business strategies
• Capex spend includes a commitment
to improve energy efficiencies
• Quarterly reporting metrics increased
and closely monitored
• Staff awareness of sustainability issues
heightened and maintained
Communities
Nature of relationship
• Interaction to explore community employment opportunities
• Support of community projects
• Direct local business engagement with communities (a benefit of
Bidcorp’s decentralised structure)
Material issues
• Employment opportunities
• Social and educational
upliftment
• Healthy eating campaigns
• Disaster management
• Senior citizen support
• Alignment of businesses with
the communities they serve
Actions
• Continual reinforcement and
implementation of a two-tier
CSI strategy:
1. Corporate supports a
number of overarching
worthy causes
2. Individual businesses
support community-based
projects
Partners and potential partners
Nature of relationship
• International, regional and industry contacts
Material issues
• Need to scrutinise prospects
for entry into new markets
• Potential to better serve
customers by forming
relationships, enabling us
to anticipate and address
evolving needs
Actions
• Communication with brand
principals, industry leaders
and entrepreneurs
• Constant evaluation of
market developments, new
technologies and solutions
53
Annual integrated report 2017
Bid Corporation Limited