Sustainability Overview

Aveng recognises that it needs financial stability and all round sustainability to succeed in creating value for its stakeholders. Reporting philosophy and approach This sustainability overview provides our stakeholders with a view of Aveng’s sustainability focus areas, impacts and the management of these, as well as the Group’s performance for the financial year from 1 July 2015 to 30 June 2016. Our 2016 sustainability overview is available as a separate downloadable document here. As part of our evolving approach to corporate reporting, we have streamlined the integrated report in line with the recommendations contained in the King Code of Governance Principles for South Africa 2009 (King III) and the principles and elements contained in the International Integrated Reporting Council’s (IIRC) International Integrated Reporting Framework V1.0. 

For the 2016 financial year, a suite of reports has been made available to stakeholders, as explained in the table on page 3 for ease of reference. As Aveng improves its data systems (currently a commitment on the safety, health and environment roadmap) and embeds appropriate responses to group sustainability risks and opportunities into core business processes and management, further reflection of the Group’s integrated thinking will be evident in its integrated reporting. 

The 2016 sustainability overview builds on Aveng’s 2015 report. There have been no significant changes in boundaries or scope during the reporting period. Where any restatements or changes in measurement methods have taken place, these are described in the relevant report section. The boundary of this overview is the Aveng Group as portrayed on page 7 of the 2016 integrated report here, and in instances where reporting extends to other entities or groups of entities outside of the Group, this is disclosed in the relevant section. Any limitations to this boundary, for whatever reason, are indicated as such where applicable. 

For the full report please go here