Integrated Report

Overview

The report presents Spear's FY2024 performance as a Western Cape-focused REIT with 29 assets and a R4.62bn portfolio. The company expanded its solar PV programme, adding 2.15MW during FY2024 and reporting more than 60% of its portfolio with solar installed. It also entered its first sustainability-linked bond, linked to B-BBEE procurement and solar-energy penetration KPIs. The sustainability report highlights water continuity measures, workforce development, and community-focused education and entrepreneurship initiatives.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: Ends 29 February 2024
Language: English
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Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Materiality

Assessment
Basis

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