CAS3701 Assigment 10
CAS3701 Assigment 10
CAS3701 Assigment 10
1. Exxaro
2.
Our vision
to transform Exxaro in a systematic and integrated manner into a diversified
company that will transition from a coal base to a minerals and renewable energy
Our mission
- Exxaro’s mission is powering better lives for South Africans and we know that
education is the key to improving lives. But learning and teaching are challenging
without the proper resources and infrastructure. That is why we are delighted to
be partnering with Seriti and Eskom to not only rebuild Bonginhlanhla Primary
School which unfortunately was ridden with asbestos, but also to improve the
facilities available to learners. By doing so we know that we are providing the gift
of learning not only the current student body but also to future generations and
ensuring that we provide a springboard for this community to improve its
circumstances
Our values
- Honest Responsibility
We foster a culture of adaptability and accountability, encouraging our
employees to learn and improve in everything they do while taking ownership of
their work, decisions and actions.
- Teamwork
We celebrate the diverse talent and thinking that we have at our disposal,
promoting a safe and supportive workplace where we can all work together to
deliver excellence in every area of our business.
- Committed to Excellence
To empower our organisation to work faster, collaboratively and efficiently, we
adopt new ways of working, embrace digital technologies, and upskill and reskill
our people for a smart, advanced workforce of tomorrow.
- Empowered to Grow and Contribute
As we continue to strive towards achieving our strategy, we embrace the many
possibilities for success. Our values and culture are critical to our success. They
speak to the foundation of our organisation and define our employees in the way
we behave and act.
1. Transition at speed and scale: Transition our business with measured urgency given the
growing need for the low-carbon transition. We will do this while creating positive social impact.
We will leverage our innovation, organisational intelligence and learning culture to navigate this
transition
2. Make our minerals and energy businesses thrive: Enhance focus on our core delivery areas,
minerals and renewable energy, by increasing our footprint in these areas, divesting of non-
robust assets and ensuring continued operational and digital excellence
3. Empower people to create impact: Ensure our people and partners have the capabilities,
mindset, environment and passion to achieve our purpose
4. Be carbon neutral by 2050: Reduce our carbon footprint and become carbon neutral by 2050.
We will achieve this through our focused portfolio decarbonisation and social impact initiatives
5. Become a catalyst for economic growth and environmental stewardship: Positively impact
our ecosystem during and after our operations in minerals and renewable energy, building
community projects and businesses into investable impact programmes, which can lead to
sustainable, scalable economic upliftment and prosperity, independent of our continued
operations in these environments
d) YES, there evidence that the company considered the 10 principles of the UNGC
or SDGs in formulating its strategy
1. Climate change
Country risk (geographical) -The current political environment, slow economic recovery,
deteriorating state infrastructure and other macro-economic factors have an adverse
effect on the country risk assessment
2. Clean water and sanitation
• Implement a water security and management strategy
• Recycling of water
• Water treatment plant ensuring water efficiency and treatmen
3. Health and safety concern
-Not achieving growth objectives
• Regular communication on strategy, capital allocation and returns against targets
• Disclosure of target and performance against strategy and capital allocation
e) In your opinion, did the company do this well or not? Why? How could they
improve?