12 RESPONSIBLE
CONSUMPTION
AND PRODUCTION
16 PEACE, JUSTICE
AND STRONG
INSTITUTIONS
17 PARTNERSHIPS
FOR THE GOALS

GOVERNANCE

Governance of
sustainability matters

Overview

Motus' 75th year of operation is testament to our understanding of sustainable thinking – that not only must we be able to create value, but that we must also ensure that value is preserved and can be sustained.

The need for ethical leadership and corporate responsibility has never been greater. Stakeholders increasingly want to understand how businesses integrate their purpose and practices into their business model, and how they manage ESG-related matters as a 'sustainability' indicator that assesses whether the business can survive beyond tomorrow. This includes investors, analysts and other funders of capital who are expanding their focus beyond financial results towards business conduct and practices in the pursuit of value and profits.

Motus remains committed to high ESG standards, despite current economic challenges, and to transparently demonstrating our role in society. For us, ESG is an opportunity to showcase how we live our purpose and earn the trust bestowed on us by our stakeholders.

Our governance of environmental and social matters is both about understanding what risks we should take and having the competence to ensure our decisions are implemented in a responsible way that balances the risk/reward ratio. Central to our ESG approach is Motus' value system through which our leaders make decisions, and are held accountable for the consequences of their decisions and actions.

Governance framework
Motus’ overarching approach to governance is guided by the principles of fairness, accountability, responsibility and transparency with particular attention given to:

The provision of clear, concise, accurate and timely information about the Group’s operations and results

Ensuring transparent reporting to shareholders on a financially integrated basis

Ensuring that robust business and financial risk management is embedded across the Group

Ensuring that no director or executive management team member may deal directly or indirectly in Motus’ shares in contravention of the JSE Listings Requirements and/or the law

Recognising Motus’ social and environmental responsibility at large

 

Governance overview

Audit and Risk Committee

Asset and Liability Committee

Social, Ethics and Sustainability Committee

Nomination Committee

Remuneration Committee

Chief Executive Officer

Group Executive Committee

Importers and Distributors FRRC

Retail South Africa FRRC

Retail UK and Retail Australia FRRC

Rental South Africa FRRC

Mobility Solutions FRRC

Aftermarket Parts FRRC South Africa and International

All committees highlighted in blue play a role in the governance of social and environmental matters.

Note: Finance and Risk Review Management Committees (FRRCs). Separate FRRC meetings are held for each Importer brand and the Rest of Africa.

Our sustainability journey
Before 2018
2019
2020
2021
2022
2019
  • Imperial Holdings sustainability priorities
2019
  • Sustainability framework
  • Targets on
  • water, fuel and electricity(15% reduction by 2021)
  • First sustainability-linked facility
  • Standalone B-BBEE and sustainability verification
2020
  • Issued standalone sustainability report
  • Renewed sustainability-linked facility
2021
  • Reconfigured the mandate of the SES Committeeto ESG principles
  • Defined ourstrategy incontext of ESG
  • Met ourenvironmental targets and facility key performance indicators (KPIs)
2022
  • Improved reporting to align more closely with TCFD 1 and the JSE Sustainability Guidance
  • Updated environmental targets for water, fuel and electricity
  • Started developing a waste management strategy
  • Second sustainability-linked facility

1 Task Force on Climate-related Financial Disclosures.