Bidvest Group Ltd 2016 IR
The report outlines the performance and strategic restructuring of The Bidvest Group Limited for the fiscal year 2016, notably marked by the unbundling and separate listing of its foodservice operations (Bidcorp). Following this landmark transaction, the group consolidated its South African operations into seven streamlined divisions, achieving a turnover of R91.8 billion and a trading profit of R5.8 billion. On the sustainability front, Bidvest achieved a Level 4 B-BBEE rating under the revised codes and invested R557.1 million in employee training. The group also reported a reduction in Scope 1 greenhouse gas emissions to 239,200 tCO2e and continued its focus on water conservation and community development.
Company: Bidvest Group Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2016
Type: IR
Pages: 156
Bidvest Group Ltd
The report outlines the performance and strategic restructuring of The Bidvest Group Limited for the fiscal year 2016, notably marked by the unbundling and separate listing of its foodservice operations (Bidcorp). Following this landmark transaction, the group consolidated its South African operations into seven streamlined divisions, achieving a turnover of R91.8 billion and a trading profit of R5.8 billion. On the sustainability front, Bidvest achieved a Level 4 B-BBEE rating under the revised codes and invested R557.1 million in employee training. The group also reported a reduction in Scope 1 greenhouse gas emissions to 239,200 tCO2e and continued its focus on water conservation and community development.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Women on Board
Workplace Fatalities
Employees