Society Management Approach: Overall (GRI 413-415)
Barloworld is committed to the ongoing creation of shared value for all its stakeholders through the purposeful stewardship of the six capitals and balancing our stakeholders’ interests.
Value creation for stakeholders is impacted by the group’s purpose: Inspiring a world of difference, enabling growth and progress in society, its three strategic objectives (Deliver top quartile shareholder returns; Drive profitable growth; Instill a high-performance culture) and its responsible citizenship programme.
Our approach to social and societal responsibilities is also reflected in our responsible citizenship programme and the manner in which we manage social/ and relationship capital and natural capital.
The group’s Code of Ethics includes; Obey the law, Respect others; Be fair.
Barloworld’s Worldwide Code of Conduct sets out the group’s five core values. It determines how our aspirations and values are translated into actions and behaviours. Our code of conduct reminds us of the standards to which employees and the group are accountable.
Our Sustainability value encourages us to be ‘…proactive members of our communities’.