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Jul
21
2011
 
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

 
 
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