Integrated

Annual Report

2018


NAVIGATING OUR REPORTING SUITE

NAVIGATING OUR REPORTING SUITE

Our six capitals

Our ability to create long-term sustainable value for stakeholders depends on the use of various capitals within our business. The International Integrated Reporting <IR> Framework supports integrated financial reporting, and, in particular, the reporting of the Group's business model across these six forms of capital. Refer to "Our business model" on pages 20 to 21 for more information.

Financial

Human

Manufactured

Social and relationship

Intellectual

Natural


Our key stakeholders

The Group is committed to open and constructive engagement with all our stakeholders. Our business model and strategy are designed to consider and address the issues and concerns most relevant to our key stakeholders. Refer to the "Engaging with our stakeholders" section on pages 38 to 41 for more information.

Customers

Community

Employees

Suppliers

Franchisees

Shareholders


Our business acceleration pillars

The second stage of our strategic long-term plan is organised around seven business acceleration pillars. These pillars represent the material growth opportunities that can materially affect our ability to create value over the short, medium and long term. Refer to our "Strategic focus" section on pages 44 to 51 for more information.

Better for customers

A flexible and winning estate

Efficient and effective operations

Every product, every day

A winning team

Boxer–
a national brand

Rest of Africa – a second engine of growth


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CASE STUDY: PICK N PAY SCHOOL CLUB

3 300
SCHOOLS

The Pick n Pay School Club has been operating for 15 years and is one of the most influential and dynamic public-private educational initiatives in South Africa.

  • Growing tomorrow's leaders –
    the Pick n Pay School Club makes
    much-needed educational resources
    available through private
    sector funding.

  • It reaches 3 335 schools (635 high schools and 2 700 primary schools), comprising more than 5 million educators, learners, parents and guardians. The free educational material supplied by the School Club – workbooks for the teachers and educational posters for their classrooms – is specific to learners' grades, aligned to the curriculum, and written by experts. This material supports learners in mathematics, science, literacy, health and wellness and sustainability.

    The Pick n Pay School Club also encourages future leaders in primary schools through the Pick n Pay Heroes Awards, which recognises young learners for Academic Excellence, Sporting Achievement, Community Upliftment, Leadership and Overcoming Hardship.