Adherence to integrated reporting best practice lands Capricorn Regional Company award
The Capricorn Group was bestowed a special accolade last week when its 2017 Integrated Report for the financial year ended 30 June 2017, took the Regional Company award at the annual Integrated Reporting awards held in Johannesburg.
Marlize Horn, Group Executive: Brand & Corporate Affairs and chairperson of the group’s Investor Relations Committee, commented “We are extremely proud that we have been honoured with this award, which is recognition that our 2017 Integrated Report, only our second that adheres to the International Integrated Reporting Council’s IR Framework and our first report that includes our subsidiaries in Botswana and Zambia, is regarded as best practice in transparent communication with shareholders and other stakeholders.”
The Capricorn Group includes, amongst others, Bank Windhoek, Bank Gaborone in Botswana and Cavemont Bank in Zambia.
“Our 2017 Integrated Report provides a holistic view of our group and reflects the value created during the financial year which ended on 30 June 2017 and is primarily aimed at providers of financial capital, but also takes a holistic and stakeholder-orientated view of the social, environmental and governance aspects that are related to the group’s activities and performance,” she continued.
The annual Integrated Reporting awards have been hosted by Chartered Secretaries Southern Africa since 1956 in partnership with the Johannesburg Securities Exchange. For this year’s awards, about 100 companies entered their Integrated Reports in ten categories.
Chartered Secretaries Southern Africa is an independent professional body with an interest in good corporate governance and committed to promoting reporting excellence in southern Africa.
The ceremony recognised the importance of integrated reporting and the information it provides to shareholders and stakeholders. The judges scored entries against a score sheet similar to the Integrated Reporting (IR) Framework.
“As a leading financial institution listed on the Namibian Stock Exchange, Capricorn Group believes that credibility is key to value creation. We believe that we are part of a bigger, interconnected global system. Our approach to being a responsible, regional and global citizen is built into the DNA of all our businesses in Namibia, Botswana and Zambia,” said Horn.
Pictured at the award ceremony are Marelize Horn from the Capricorn Group (right) and Robert Likhang of Chartered Secretaries Southern Africa. The group received the Regional Company award for its 2017 Integrated Report.