Our stakeholder categories and our approach to engaging with each of them are presented below.
| |
Stakeholder |
|
Engagement with stakeholder |
|
Stakeholder contribution |
|
Meeting of stakeholder expectation |
|
FY15 New initiatives |
| |
Investors |
|
| • |
Presentations |
| • |
Roadshows |
| • |
One-on-one meetings |
| • |
JSE SENS announcements |
| • |
Media announcements |
| • |
Website |
| • |
Surveys |
| • |
Site visits |
|
|
The provision of financial
capital to grow the business |
|
Providing growing
distributions on an annual
basis with the objective
of delivering sustainable
earnings in the long term
and capital appreciation |
|
| • |
Appointment of a
dedicated Head of
Investor Relations |
|
| |
Employees |
|
| • |
Newsletters (e-mail) |
| • |
Intranet |
| • |
Presentations |
| • |
Equity forum |
| • |
Induction, training and development |
| • |
Wellness days |
|
|
Employees form the
foundation of our business
and provide the performance
and productivity required
to grow and sustain the
business |
|
Using and growing the
skills of employees and
retaining the best people
by appropriate reward and
remuneration |
|
| • |
Software introduced
to coordinate
performance reviews |
| • |
Implementation of
retention scheme for
key talent |
|
| |
Business
partners
– Tenants |
|
| • |
Personal interaction and meetings |
| • |
Information events |
| • |
On-site property teams |
| • |
Operational notices |
| • |
Safety notices and practice drills |
| • |
Print communication |
|
|
The letting of available space
which enables Growthpoint
to sustain and grow its
business |
|
Providing the highest
level of service to tenants
which will enable them to
thrive, grow and sustain
their businesses |
|
| • |
Establishment of a
maintenance service
desk |
| • |
Incentives to take
up space in specific
buildings (SmartMove) |
|
| |
Business
partners
– Suppliers |
|
| • |
Request for Proposals (RFPs) |
| • |
Preferential payment terms |
| • |
Property Point’s enterprise development programme |
| • |
B-BBEE preferential procurement |
|
|
The provision of services
which will preserve and
enhance our properties |
|
Providing sustainable
business and growth
opportunities which are
mutually beneficial in a
transparent and equitable
manner |
|
| • |
Implementation of
digital invoicing for
contracted services |
|
| |
Government
and
regulatory
bodies |
|
| • |
Formal responses on policy and regulation |
| • |
Joint initiatives for industry solutions |
| • |
B-BBEE scorecards |
| • |
Employment equity reports |
| • |
Tax returns |
| • |
Workplace skills development plan |
|
|
The provision of regulatory
frameworks which will
enable Growthpoint to
operate in an environment
which provides reasonable
certainty and is fair and
transparent to all competing
participants |
|
Growthpoint acts in a
responsible, ethical and
transparent manner |
|
| • |
Together with National
Business Initiative (NBI)
addressed key issues |
| • |
SA REIT’s engagement
with National Treasury
on tax related matters |
|
| |
Business
partners
– Property
brokers |
|
| • |
Website |
| • |
Incentive programmes |
| • |
Twitter and Facebook |
| • |
One-on-one presentations and engagement |
|
|
The letting of available space
which enables Growthpoint
to sustain and grow its
business |
|
The provision of
quality properties
to take advantage of
opportunities, market
conditions and user
demand |
|
| • |
Deal Chaser Incentive benefits broadened |
|
| |
Providers of
finance |
|
| • |
Bi-annual results presentation |
| • |
Roadshows |
| • |
One-on-one meetings |
| • |
JSE SENS announcements |
| • |
Media announcements |
| • |
Website |
|
|
The provision of funding to grow the business |
|
Security of funds
provided to Growthpoint,
sustaining a strong
balance sheet through
conservative gearing and
credit metrics that are
well within covenants |
|
| • |
Introduction of an institutional investor |
| • |
Moody’s upgrade to Baa2 |
| • |
Discussions with regard to re-financing of FY16 maturing loans arising out of Acucap/Sycom |
|
| |
Industry
and business
organisations |
|
| • |
Active involvement on boards and committees |
| • |
Presentations at conferences and congresses |
| • |
Involvement in Real Estate Investment Trust
(REIT) Association, South African Property
Owners Association (SAPOA) and the Green
Building Council of South Africa (GBCSA) |
| • |
Member of European Public Real Estate
Association (EPRA) |
|
|
The collective and consensus
opinion of the participants
which enables industry and
business organisations to
influence and impact on
matters that affect them
and their operations |
|
The sharing of experience
and expertise which will
mutually benefit the
property industry and
related organisations |
|
| • |
Senior executive
elected a board
member of World
Green Building Council |
| • |
Growthpoint became a
member of NBI |
|
| |
Communities |
|
| • |
CSI initiatives in general |
| • |
CSI initiatives at our properties |
| • |
Bursaries |
| • |
Environmental initiatives |
| • |
Involvement in city improvement districts |
|
|
An understanding of
social, economic and
environmental impacts on
the communities in which
we operate |
|
Impacting the
communities in which
Growthpoint operates in a
positive manner |
|
| • |
Initiation of Greenovate
Awards targeting
students |
| • |
Sustainability
roadshows |
|