Barloworld Limited: Leading Brands

During 2017, Barloworld undertook a systematic and structured strategic review process to identify key determinants that have an impact on our ability to create value for our stakeholders.

Since implementing our managing for value approach, our thinking around identifying material issues has matured. For the 2018 report, we considered the various factors that set the context including the operating context, our strategic priorities, the risks for our goals and performance, and alignment of the material issues to concerns identified by our stakeholders.

Our response to each material issue is discussed in detail in the report.

Material issue

1. Capital allocation

What this means:		Key features		Capital		Stakeholder
Focus on optimal capital deployment		Cash release and distribution		See Strategy – Managing for value to deliver on our medium-term strategy
		Maximising returns
		Active portfolio management				Shareholders
		Performance monitoring
		Opportunities for growth

2. Operational performance

What this means:		Key features		Capital		Stakeholder
Driving our business to full potential		Levers for operational efficiencies		See Equipment Southern Africa		People Customers Principals
		Unlocking our full potential
		Customer centricity
		Future outlook

3. High-performance culture

What this means:		Key features		Capital		Stakeholder
Instil a high-performance culture with execution ability		Talent and performance management		See Creating a high-performance culture		People
		Diversity and inclusion
		Remuneration and reward
		Organisational culture
		Safety and health

4. Licence to operate

What this means:		Key features		Capital		Stakeholder
We embrace our role as a responsible corporate citizen, and strive to play an active and meaningful role in the societies where we operate		Our role in communities		See Licence to operate – Transformation		Communities Suppliers
		Environmental stewardship
		Transformation

GRI	102-46, 102-47