SUSTAINABILITY


Eqstra is committed to sustainable development, recognising that operating safely and responsibly underpins our licence to operate. The Eqstra Way outlines the way in which we operate, which combines our vision, mission and values of the group, as well as our business ethics. Ensuring alignment with government, transformation is an executive priority for Eqstra, and it forms part of the overall business strategy and operations.

The Environment

Sustainability forms a key component of the way Eqstra and its divisions conduct its business in South Africa and globally. We are cognisant of the impact our operations may have on the environment and therefore we have procedures in place to ensure compliance with industry best-practice. Road travel comprises the most material element of the group’s carbon footprint. We therefore continually consider opportunities to reduce our carbon footprint where possible. We ensure that all vehicles are properly maintained, are not overloaded and that carbon emissions meet manufacturers’ specifications.

Corporate Governance

Thorough corporate governance principles underpin the board and management’s vision of creating a sustainable business that operates in a responsible, ethical and transparent manner. The group remains committed to embracing top corporate governance practices and it subscribes to the corporate practices and conduct set out in King III, the requirements of the JSE Limited and the Companies Act, as well as the International Integrating Reporting Framework. The group remains committed to complying with all corporate governance legislation, regulations and good practice in the countries in which it operates. In guiding the group’s development, the board attempts to balance and encourage entrepreneurial freedom within the boundaries of good corporate governance in order to achieve maximum shareholder value.

Skills Development and Training

The group aspires to create a work environment in which individuals can contribute to their full potential. Empowered employees are of utmost importance to our group’s sustainability. Transforming society by developing competent, skilled individuals that are equipped to be economically active is a key focus of the company. Eqstra strives to combine the provision of employment opportunities and food security in a responsible way. The group invests significantly in the training and development of all employees. Recruiting skilled employees and providing them with training is essential to ensure employee growth, client satisfaction and business performance. During 2015, R29.7 million was invested in external and on-the-job training. Continued professional development (CPD) is also supported and employees are encouraged to attend conferences where applicable. Skills development is undertaken at all levels of the organisation through various programmes.

Eqstra Technical Training Academy (ETTA)

ETTA provides essential technical skills to all levels of employees. All courses are accredited by the Manufacturing Sector Education Training Authority, MerSETA. Apprentice training is a long-term commitment, as it takes three years for an employee to qualify as an artisan in a specified trade. During 2015, ETTA provided 268 employees with apprenticeship training, of which 78% are black South Africans.

For more information on Eqstra’s environmental, governance and training policies, click here.