Scope and boundary
The sustainability report forms part of the group’s integrated report.
The scope of the report includes all operating divisions and covers the reporting period 1 July 2015 to 30 June 2016. The audited annual financial statements were approved on 15 August 2016. The integrated report was approved for distribution on 7 October 2016 and includes reference to pertinent events subsequent to year-end, up to the approval date. The effective date of incorporation of the Steinhoff industrial assets was 2 April 2012. All non-financial data is for the full financial year as at
30 June 2016.
With the incorporation of the Steinhoff industrial assets into the group in
April 2012 it added a substantial number of businesses to the group that were previously governed by the policies and procedures of Steinhoff International Holdings Limited.
As part of the group’s sustainability strategy KAP is a participant and was a constituent of the JSE Limited’s Socially Responsible Investment (SRI) index.
Due to the scale and nature of the Steinhoff industrial assets that were incorporated into the group, the process of aligning the collection and reporting of sustainability data is well under way. It remains part of our journey to fully implement and improve processes of data collection and management throughout the group to provide information relevant and material to the group. Internal reporting structures will continuously be reviewed to support a structure that would best address the group’s strategy.
All references to KAP, the group, the company, the business, “our” and “we” refer to KAP Industrial Holdings Limited and its operating divisions.