Barloworld’s alignment with the United Nation’s Sustainable Development Goals (SDGs)

The group considers its alignment with the SDGs and the opportunities and responsibilities they represent for the business. While this process is evolving and the group continues to refine its approach, the matrix below reflects the alignment between the SDGs and; the group's Purpose: Inspiring a world of difference, enabling growth and progress in society, its strategic framework including indicators and aspirational goals; as well as its responsible citizenship programme. In many instances, although there may not be an explicit or direct alignment, the consequences or indirect impact of Barloworld’s approach may positively impact an SDG. The matrix also indicates where these issues are covered in Barloworld’s GRI responses and their links to its other publicly available 2023 integrated reporting.

Sustainable Development Goals (SDGs)
 Barloworld's approach
Addressed Group policy Strategic framework and
business model		 Aspirational group targets Global Reporting Initiative (GRI) Standards
Foundational
principles of
responsible
Corporate
Citizenship		 Worldwide Code of Conduct Strategic pillars and responsible citizenship programme Aspirational group targets
 Performance against targets

 Aspect: Disclosure on  Management Approach Indicator(s)
 
SDG1
 End poverty in all its forms everywhere
  • Directly
  • Indirectly
  
  • Sustainability
  • Drive profitable growth
  • 'Corporate Social Investment (CSI) spend (1% Net profit after tax (NPAT))
 'CSI Spend:
'FYE2023: R12m
FY2022: R11m
SDG2
 End hunger, achieve food security and improved nutrition and promote sustainable agriculture
  • Directly
  • Indirectly
  
  • Sustainability
  • Responsible citizenship programme
    
SDG3
 Ensure healthy lives and promote well-being for all at all ages
  • Directly
  • Indirectly
  
  • Sustainability
  • Responsible citizenship propramme
  • Instill a high-performance culture
  • Work-related fatalities Target: Zero
  • LTIFR Target: ≤0.35
 LTIFR:
FY2023: 0.17 (Target Met)
FY2022: 0.30
SDG4
 Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
  • Directly
  • Obey the law
  • Be fair
  • Integrity
  • Sustainability
  • Instill a high performance culture
  • Responsible citizenship programme
  • Enrolment in apprenticeships, internships and learnerships
  • Beneficiaries of our Young Talent Programme
  • Corporate Social Investment (CSI) spend (1% Net profit after tax (NPAT))
  • Awarding of external and internal bursaries
  • Training and development contributing to a just transition throughout the group
 '187 people were enrolled in apprenticeships, internships and learnerships at Barloworld during FY2023204 young people were beneficiaries of our Young Talent Programme in South AfricaCSI Spend:
'FYE2023: R12m
FY2022: R11m12 External Bursaries and 27 Internal Bursaries AwardedOur people investment included R38.1 million in training and development
SDG5
 Achieve gender equality and empower all women and girls
  • Directly
  • Obey the law
  • Respect others
  • Be fair
  • Teamwork
  • Commitment
  • Instill a high performance culture
  • Responsible citizenship programme
  • % Gender diversity in leadership throughout the organisation Target: 47.5%
  • % Growing the proportion of ≥30% black women owned businesses in our South African supply chain Target: 14.4%
 'Gender diversity in leadership throughout the organisation:
FY2023: 52.6% (Target Met) Percentage of procurement spend with ≥30% black women owned businesses in our South African supply chain :
FY2023: 42.26% (Target Met)
SDG6
 Ensure availability and sustainable management of water and sanitation for all
  • Directly
  • Obey the law
  • Protect the environment
  • Sustainability
  • Responsible citizenship programme
  • Water (municipal sources): The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Corporate Social Investment (CSI) spend (1% Net profit after tax (NPAT))
 'Water Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 5% improvement (Target Met)CSI Spend:
'FYE2023: R12m
FY2022: R11m
SDG7
 Ensure access to affordable, reliable, sustainable and modern energy for all
  • Directly
  • Protect the environment
  • Sustainability
  • Responsible citizenship programme
  • Non-renewable energy: The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Renewable energy: ≥1 680MWh or more of renewable energy by end 2023
  • Corporate Social Investment (CSI) spend (1% Net profit after tax (NPAT))
 'Non-renewable Energy Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 6% improvement (Target Met)Renewable energy consumption (Solar PV):
FY2023: 2 136MWh (Target Met)
FY2022: 1 728MWhCSI Spend:
'FYE2023: R12m
FY2022: R11m
SDG8
 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • Directly
  • Be fair
  • Commitment
  • Instill a high performance culture
  • Drive profitable growth
  • Responsible citizenship programme
  • Zero work-related fatalities
  • LTIFR ≤0.35
  • Investing in the development of our people, which helps provide Barloworld with the skills it needs
 'Work-related fatalities
FY2023: Zero
FY2022: ZeroLTIFR:
FY2023: 0.17
FY2022: 0.30Our people investment included R38.1 million in training and development
SDG9
 Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
  • Directly
  • Obey the law
  • Respect others
  • Be fair
  • Commitment
  • Teamwork
  • Sustainability
  • People
  • Diversity and inclusion
  • Sustainable development
  • Profitable growth
  • Zero work-related fatalities
  • LTIFR ≤0.35
  • Non-renewable energy: The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Greenhouse gas emissions (GHG)(Scope 1 and 2): The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Water (municipal sources): The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Renewable energy: ≥1 680MWh or more of renewable energy by end 2023
  • 100% of solid and liquid waste disposed through formal waste disposal service providers
  • % Gender diversity in leadership throughout the organisation 48.7%
  • % Growing the proportion of black women owned businesses in our South African supply chain 14.7%
 'Work-related fatalities
FY2023: Zero (Target Met)
FY2022: ZeroLTIFR:
FY2023: 0.17 (Target Met)
FY2022: 0.30Non-renewable Energy Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 6% improvement (Target Met)Renewable energy consumption (Solar PV):
FY2023: 2 136MWh (Target Met)
FY2022: 1 728MWhCSI Spend:
'FYE2023: R12m
FY2022: R11m
SDG10
 Reduce inequality within and among countries
  • Directly
  • Obey the law
  • Respect others
  • Be fair
  • Teamwork
  • Commitment
  • Instill a high performance culture
  • Responsible citizenship programme
  • % Gender diversity in leadership throughout the organisation 48.7%
  • % Growing the proportion of black women owned businesses in our South African supply chain 14.7%
 'Gender diversity in leadership throughout the organisation:
FY2023: 52.6% (Target Met) Percentage of procurement spend with ≥30% black women owned businesses in our South African supply chain :
FY2023: 42.26% (Target Met)
SDG11
 Make cities and human settlements inclusive, safe, resilient and sustainable
  • Directly
  • Indirectly
  • Protect the environment
  • Sustainability
  • Drive profitable growth
  • Responsible citizenship programme
  • Zero harm
  • Zero work-related fatalities
  • The five-year environmental-related targets set in 2016 came to an end in FY2020. New targets therefore need to be established for the next five year period. These will address material environmental aspects, including efficiency targets for non-renewable energy, fuel efficiency, electricity consumption, greenhouse gas emissions (Scope 1 and 2), water efficiency and responsible waste management. During the year, we established divisional- level intensity metrics to allow for enhanced operational management and efficiencies.
    • 'Work-related fatalities FY2023: Zero (Target Met) FY2022: Zero LTIFR: FY2023: 0.17 (Target Met) FY2022: 0.30 Non-renewable Energy Efficiency (against business as usual consumption): Annualized Targeted: 3% improvement FY2023 Actual: 6% improvement (Target Met) Renewable energy consumption (Solar PV): FY2023: 2 136MWh (Target Met) FY2022: 1 728MWh Water Efficiency (against business as usual consumption): Annualized Targeted: 3% improvement FY2023 Actual: 5% improvement (Target Met) 100% of solid and liquid waste disposed through formal waste disposal service providers
'Work-related fatalities
FY2023: Zero (Target Met)
FY2022: ZeroLTIFR:
FY2023: 0.17 (Target Met)
FY2022: 0.30Non-renewable Energy Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 6% improvement (Target Met)Renewable energy consumption (Solar PV):
FY2023: 2 136MWh (Target Met)
FY2022: 1 728MWhWater Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 5% improvement (Target Met)100% of solid and liquid waste disposed through formal waste disposal service providers
SDG12
 Ensure sustainable consumption and production patterns
  • Directly
  • Protect the environment
  • Sustainability
  • Sustainable development framework
  • Responsible corporate commitment
 'Work-related fatalities
  • FY2023: Zero (Target Met)
  • FY2022: Zero
LTIFR:
  • FY2023: 0.17 (Target Met)
  • FY2022: 0.30
Non-renewable Energy Efficiency (against business as usual consumption):
  • Annualized Targeted: 3% improvement
  • FY2023 Actual: 6% improvement (Target Met)
Greenhouse gas emissions (GHG)(Scope 1 and 2):
  • Annualized Targeted: 3% improvement
  • FY2023 Actual: 4% improvement (Target Met)
Water Efficiency (against business as usual consumption):
  • Annualized Targeted: 3% improvement
  • FY2023 Actual: 5% improvement (Target Met)
Renewable energy consumption (Solar PV):
  • FY2023: 2 136MWh (Target Met)
  • FY2022: 1 728MWh
100% of solid and liquid waste disposed through formal waste disposal service providers 		'Work-related fatalities
FY2023: Zero (Target Met)
FY2022: ZeroLTIFR:
FY2023: 0.17 (Target Met)
FY2022: 0.30Non-renewable Energy Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 6% improvement (Target Met)Renewable energy consumption (Solar PV):
FY2023: 2 136MWh (Target Met)
FY2022: 1 728MWhWater Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 5% improvement (Target Met)100% of solid and liquid waste disposed through formal waste disposal service providers
SDG13
 Take urgent action to combat climate change and its impacts
  • Directly
  • Protect the environment
  • Sustainability
  • Sustainable development framework
  • Responsible corporate commitment
 'Greenhouse gas emissions (GHG)(Scope 1 and 2):
  • Annualized Targeted: 3% improvement
  • FY2023 Actual: 4% improvement (Target Met)
 'Greenhouse gas emissions (GHG)(Scope 1 and 2):
Annualized Targeted: 3% improvement
FY2023 Actual: 4% improvement (Target Met)
SDG14
 Conserve and sustainably use the oceans, seas and marine resources for sustainable development
  • Indirectly
  • Protect the environment
  • Sustainability
  • Sustainable development framework
  • Responsible corporate commitment
 'Water Efficiency (against business as usual consumption):
  • Annualized Targeted: 3% improvement
  • FY2023 Actual: 5% improvement (Target Met)
 'Water Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 5% improvement (Target Met)
SDG15
 Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
  • Directly
  • Protect the environment
  • Sustainability
  • Responsible citizenship programme
  • Zero work-related fatalities
  • LTIFR ≤0.35
  • Non-renewable energy: The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Greenhouse gas emissions (GHG)(Scope 1 and 2): The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Water (municipal sources): The group set an efficiency improvement target of 15% to be achieved by FYE2027 from the 2021 baseline
  • Renewable energy: ≥1 680MWh or more of renewable energy by end 2023
  • 100% of solid and liquid waste disposed through formal waste disposal service providers
'Work-related fatalities
FY2023: Zero (Target Met)
FY2022: ZeroLTIFR:
FY2023: 0.17 (Target Met)
FY2022: 0.30Non-renewable Energy Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 6% improvement (Target Met)Greenhouse gas emissions (GHG)(Scope 1 and 2):
Annualized Targeted: 3% improvement
FY2023 Actual: 4% improvement (Target Met)Water Efficiency (against business as usual consumption):
Annualized Targeted: 3% improvement
FY2023 Actual: 5% improvement (Target Met)Renewable energy consumption (Solar PV):
FY2023: 2 136MWh (Target Met)
FY2022: 1 728MWh100% of solid and liquid waste disposed through formal waste disposal service providers
SDG16
 Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
  • Directly
  • Obey the law
  • Respect others
  • Be fair
  • Sustainability
  • Responsible citizenship programme
    
SDG17
 Strengthen the means of implementation and revitalize the global partnership for sustainable development
  • Directly
  • Protect the environment
  • Sustainability
  • Responsible citizenship programme
  • 'OECD guidelines
  • UN SDGs
  • National Business Initiative
  • Business Unity South Africa