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PPC
PPC
PPC - Pretoria Portland Cement Company Limited - PPC wins top award for
integrated reporting
Pretoria Portland Cement Company Limited
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE000125886
("PPC" or "the company")
PPC WINS TOP AWARD FOR INTEGRATED REPORTING
Pretoria Portland Cement Company Limited ("PPC") is pleased to acknowledge that
it achieved the highest overall ranking in the Nkonki/Financial Mail Integrated
Reporting Survey of 2011.
In accordance with the King Code of Governance Principles for South Africa 2009,
companies need to publish an integrated annual report from 2011 onwards. However
companies in this year`s survey were recognized for their pioneering spirit in
producing integrated reports a year before becoming mandatory.
Paul Stuiver CEO said: "We appreciate the recognition as it highlights one of
our key objectives - running a long-term, sustainable business."
PPC was placed first out of a total of 57 JSE listed companies that were
reviewed. Companies that were constituents of either the JSE Top 40 and/or the
JSE`s SRI index were selected for survey.
The company`s integrated annual report for 2010 is available on its website at
www.ppc.co.za
Johannesburg
21 July 2011
Sponsor
Merrill Lynch South Africa (Pty) Limited
Communications advisor
College Hill
Notes:
In its integrated annual report PPC reported on a number of achievements which
ensure its continuing sustainability. They include:
Financial
* Good cash generation
* Excellent dividend yield history
* Strong balance sheet
* Financial strength to explore expansion opportunities
Corporate governance and risk
* Implementing best practices according to King III initiative
* Enterprise-wide risk management framework developed
Social
* BBBEE level 2 achieved
* Preferential procurement rises to 65% (R2,3 billion) of discretionary spend in
2010
* Significant increase in corporate social investment and formal initiatives
extended to Botswana and Zimbabwe
* Experienced management team
Environmental
* Total carbon footprint developed for operations in South Africa, Botswana and
Zimbabwe
* Key environmental indicators externally assured
* Technological upgrade projects deliver environmental improvements
Date: 21/07/2011 08:30:01 Produced by the JSE SENS Department.
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