MINING CHARTER SCORECARD

Transcription

1 MINING CHARTER SCORECARD ELEMENT DESCRIPTION MEASURE COMPLIANCE TARGET PROGRESS at a glance Reporting Ownership Reporting level of compliance with charter for calendar year Minimum target for effective HDSA ownership Documentary proof of receipt from DMR Meaningful economic participation Annual Employment equity and social and labour plans submitted 26% 26% target achieved in 2012 Housing and living conditions Procurement and enterprise Employment equity Converting and upgrading hostels to attain occupancy rate of one person per room Converting and upgrading hostels into family units Procurement spend from BEE entity Multinational suppliers contribution to social fund Diversification of workplace to reflect the country s demographics to attain competitiveness Full shareholder rights 26% R58 million in dividends paid to employee shareholders in (2014: R30 million) Percentage reduction of 100% Company housing is provided occupancy rate towards at most remote locations. We target also promote home ownership through the PPC homeowners support programme: 44 employees and their families have been supported to date. Over 200 employees are currently at various stages of becoming home owners through this programme Percentage conversion of 100% 100%. Upgrade at Lime hostels into family Acres, PPC s only hostel, is accommodation complete 80% PPC has met the dti s revised compliance target of 80%: 87% (R4,5 billion) of discretionary spending was with BEE empowering companies Actual Actual 2014 Capital goods 40% 41% 43% Services 70% 70% 70% Consumable goods 50% 55% 61% Annual spend on 0,5% of The DMR is formulating a procurement from procurement model to implement this multinational suppliers value contribution to social Top management (board) 40% 54% Senior management (exco) 40% 50% Middle management 40% 48% Junior management 40% 63% Core skills 40% 84% operational PPC Ltd Integrated report 147

2 MINING CHARTER SCORECARD CONTINUED ELEMENT DESCRIPTION MEASURE COMPLIANCE TARGET PROGRESS Human resources (detailed table on page ) Mine community Sustainable and growth Beneficiation Health and safety Develop requisite skills, including support for South Africa-based R&D initiatives intended to develop solutions in exploration, mining, processing, technology efficiency (energy and water use in mining), beneficiation, environmental conservation and rehabilitation Conduct ethnographic community consultative and collaborative processes to delineate community needs analysis Improvement of industry s environmental management Improvement of industry s mine health and safety performance Use of South Africa-based research facilities for analysing samples across mining value chain Contribution towards beneficiation (effective from 2012) Implementation of culture transformation framework Percentage of employees embarking on occupational health and safety training Percentage of leading practices from MHSC investigated for Percentage of research findings from MOSH learning hub investigated for Health: percentage of mandatory occupational health reports submitted Health: adherence to HIV/Aids and TB guidelines HRD expenditure as percentage of total annual payroll (excluding mandatory skills levy) 5% 4,5% spent on skills (R42,7 million) Implement approved Up-to-date R11 million was spent on community projects project community in Implementation of approved EMPs 100% All plants have approved EMPs Implementation of tripartite 100% Dedicated group safety and action plan on health and health manager. External safety company training safety and health representatives Percentage of samples in SA 100% 100% of samples are facilities processed in South African facilities Added production volume contributory to local value addition beyond the baseline Section 26 of MRPDA (percentage above baseline) No detail on how to measure but raw limestone is beneficiated into cement and lime products in South Africa. Aggregates are fully beneficiated in South Africa Percentage versus gap 100% 100% analysis 2% per annum 8% 8% All investigated for 100% 100% 100% All investigated for 100% 100% 100% Four required for 100% 100% 100% Yes/no Yes On target 148 PPC Ltd Integrated report

3 Human resource A C I W DESCRIPTION MEASURES CATEGORY M F M F M F M F TOTAL Develop requisite skills, including support for SA-based R&D initiatives intended to develop solutions in mining, processing and exploration technology efficiency (energy and water use in mining), beneficiation, environmental conservation and rehabilitation HRD expenditure as percentage of total annual payroll (excluding mandatory skills levy) Learnerships and bursaries (of core and critical skills) Artisans ABET training (level I, II, III, IV and NQF 1) Other training (school support and post-matric programmes) Support for SA-based R&D initiatives employees are being assisted with post-matric qualifications 12 students on graduate programme 100% of R&D expenditure directed at SA-based companies dti BBBEE status* PPC s BBBEE status as at September was audited and verified by rating agency EmpowerLogic. In terms of the dti codes of good practice, PPC is classified as a level 2 BBBEE contributor with a procurement recognition of 125%. This enables our customers to claim back 125% of their spending with our group for their own preferential procurement points. The certificate expires on 2 December. BBBEE STATUS VERIFIED LEVEL 2 POINTS Elements obtained Equity ownership 22 Black ownership Value-adding vendor Management composition 11 Employment equity 5,05 Skills 8,34 Preferential procurement 19,54 Enterprise 15 Socio-economic 5 32,68% black ownership 10,72% black women ownership Yes BEE procurement recognition 125% at a glance operational * Due to the nature of cementent manufacture, acture PPC s PC se empowerment ment credentials ential are measured ed against both the South African mining charter scorecard card and the South African dti s revised codes of good practice. PPC reports on both in this section. PPC Ltd Integrated report 149

4 PPC SHAREHOLDER ANALYSIS SHAREHOLDER SPREAD Number of shareholders % Number of shares % shares , , shares , , shares 877 6, , shares 243 1, , shares and over 78 0, ,00 DISTRIBUTION OF SHAREHOLDERS Banks 94 0, ,44 Broad-based black ownership 17 0, ,01 Brokers 74 0, ,97 Close corporations 119 0, ,11 Endowment funds 45 0, ,21 Individuals , ,40 Insurance companies 82 0, ,92 Investment companies 16 0, ,13 Medical aid schemes 10 0, ,04 Mutual funds 214 1, ,17 Nominees and trusts , ,97 Other corporations 72 0, ,14 Pension funds 177 1, ,52 Private companies 270 2, ,68 Sovereign wealth fund 2 0, ,28 PUBLIC/NON-PUBLIC SHAREHOLDERS Non-public shareholders 21 0, ,40 Directors holdings 3 0, ,03 Broad-based black ownership 17 0, ,01 Strategic holdings (10% or more) 1 0, ,36 Public shareholders , ,60 BENEFICIAL SHAREHOLDERS HOLDING 3% OR MORE OF THE ISSUED SHARE CAPITAL Number of shares in September % September Government Employees Pension Fund ,36 PPC SBP Consortium Funding SPV Pty Limited ,61 PPC Masakhane Employee Share (Est) Trust , PPC Ltd Integrated report

5 FINANCIAL CALENDAR Financial year-end 30 September* Annual general meeting 25 January 2016 at a glance REPORTS Preliminary announcement of annual results Published June Interim results for half year to September Published November Annual financial statements Published July DIVIDENDS Interim If declared November Paid January Final If declared June Paid August *The company has changed its year-end to March with effect from the 2016 financial year. operational PPC Ltd Integrated report 151