Blue Label Telecoms Integrated Annual Report 2019

Blue Label integrated annual report 2019 97 ABOUT US 1 – 21 LEADERSHIP 22 – 29 PERFORMANCE 30 – 73 GOVERNANCE 74 – 120 SHAREHOLDERS’ INFORMATION AND ADMINISTRATION 121 – IBC u u The Committee continued to monitor Group compliance with the 10 principles of the United Nations Global Compact (UNGC). We are glad to report that the Group has implemented measures for the prevention and combating of all forms of corruption in line with all applicable local legislation and the 10th principle of the UNGC. Monitoring of the ethics statement and the implementation of the Whistleblowing Policy of the Group remained a key monitoring tool for the Committee. u u The Committee further noted that all health and safety policies and procedures continue to be well managed and co-ordinated via the Health and Safety Committee. Key focus areas for 2020: u u Continue to evolve Blue Label’s CSI approach in pursuit of shared value by leveraging Trust Blu Foundation to ensure that our initiatives are aligned to deliver on RITE; u u Increase integration of the Group’s institutional capabilities to further support our CSI programmes; u u Continue to support the integration of socio- economic and enterprise development initiatives with marketing campaigns to increase synergy; u u Oversee the implementation of the approved stakeholder management programme, which is in line with the principles of King IV; u u Continue to review and assess stakeholder relations; u u Continue to provide oversight on the activities related to global diversity and inclusion; u u Oversee the development of a Group enterprise and supplier development policy to transform the supply chain by introducing 51% black-owned entities, 30% black women-owned entities as well as exempt microenterprises and qualifying small enterprises; u u Ensure the embedding of ethics is done in an ethical, safe and responsible way; and u u Monitor and evaluate the implementation of ethics management. The Committee believes that the Group complies with the statutory duties, save for issues being addressed by management with regard to employment equity and aspects of procurement as the Group purchases mainly from the networks and power utilities. In addition, work continues to be undertaken to improve on the Group’s B-BBEE equity scorecard. I look forward to reporting on our progress next year. SJ Vilakazi Chairman 29 October 2019