INTEGRATED ANNUAL REPORT 2011 GRI RESPONSES  

Integrated stakeholder value creation

Summary

> Driving top strategic imperatives delivers value for all stakeholders
> Stakeholder engagement informs strategy and responses
> Energy savings of 64 512 GJ over 2010
> Barloworld achieves Level 2 B-BBEE rating
> R48 million committed funds for enterprise development in South Africa
> R64 million invested in CSI over past five years
> 48% increase in training spend over 2010

Isaac Shongwe

Executive director: Human resources, strategy and sustainability
14 November 2011

Entrenching an integrated approach to stakeholder value creation

A suite of functions encompassing strategy, innovation and solutions development, stakeholder engagement, sustainability, empowerment and transformation, and human resources entrenches the integrated nature of effective strategy, and the central role of people in Barloworld in realising our vision 20153. It ensures alignment and facilitates efficient implementation of initiatives throughout the group.

‘Our 20153 vision sets the platform for Barloworld to play a significant role as a responsible corporate. Building on these goals and related initiatives, we will continue to create value for our stakeholders in a manner that balances their interests and those of future generations. We understand our economic, environmental and social responsibilities and strive to fulfil these through our operational approach supported by our moral and ethical foundation.

Our strategic framework and good governance ensure the group’s resilience; our people and their commitment ensure our success.’