Hudaco Industries Ltd 2023 IR
The report highlights Hudaco Industries' financial and ESG performance for the fiscal year ended November 30, 2023. Despite challenging economic conditions in South Africa, including severe load-shedding and port congestion, the company achieved a 9% increase in turnover to R8.9 billion and exceeded R1 billion in operating profit. On the sustainability front, Hudaco successfully reduced its Scope 2 emissions by 5% and generated 686 MWh of renewable energy, representing 4.6% of its total energy consumption. Additionally, the company invested R20 million in employee training and distributed R11 million to black employees through its B-BBEE trusts.
Company: Hudaco Industries Ltd
Sector: Wholesale & retail
Country: South Africa
Year: 2023
Type: IR
Pages: 160
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Hudaco Industries Ltd
Integrated Report
The report highlights Hudaco Industries' financial and ESG performance for the fiscal year ended November 30, 2023. Despite challenging economic conditions in South Africa, including severe load-shedding and port congestion, the company achieved a 9% increase in turnover to R8.9 billion and exceeded R1 billion in operating profit. On the sustainability front, Hudaco successfully reduced its Scope 2 emissions by 5% and generated 686 MWh of renewable energy, representing 4.6% of its total energy consumption. Additionally, the company invested R20 million in employee training and distributed R11 million to black employees through its B-BBEE trusts.
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Document Details
Report Year
2023
Reporting Period
Dec 1, 2022 - Nov 30, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Employees