Management of sustainability matters

We adopt practical best practice sustainability frameworks and their minimum compliance standards, which allows for nuances within Motus' different business segments and for differences in application and levels of maturity.

ESG is a standing agenda item at Group Executive Committee meetings. The committee meets at least six times a year. It is responsible for our financial and non-financial performance, and the approval of the Group's operational policies, among others. The CEOs of each business segment and regional operation are Executive Committee members.

The FRRCs are management committees that support the SES Committee and ARC. In South Africa, the FRRCs meet quarterly and in the UK, Australia and Rest of Africa they meet every six months. These committees oversee operational risks, ethics, environmental performance, transformation in South Africa, health, safety and wellbeing, regulatory compliance and stakeholder management. All FRRCs are chaired by a senior manager from Group head office other than the Mobility Solutions FRRC's Chairman, who is an external independent industry expert. The Group CFO and Executive of Corporate Affairs, Risk and Sustainability attend all FRRCs. A standardised agenda applies across the FRRCs guided by Group reporting requirements. Material concerns are elevated to the relevant board committees.

All of Motus' businesses are aware of their ESG obligations, and guidelines and frameworks are in place to assist them to achieve accurate and efficient reporting.

ESG implementation

ESG implementation

Governance

Strategy

Risk management

Reporting of metrics

Governance

Develop framework

Set risk appetite and tolerance framework

Board and management committee oversight as well as central sustainability function

Organisation structure

Collaboration between functions

Strategy

Engage senior executives

Ensure transparent communication

Educate and train employees

Monitor stakeholder expectations

Risk management

Identify ESG-related risks

Assess and prioritise ESG-related risks

Mitigate risks

Monitor levels of risk exposure

Report on risks and mitigation

Reporting of metrics

Develop internal skill

Implement the right tools and technology

Collate data monthly

Report against targets quarterly

Independent assessment

Integrated with business activities and processes

2022 performance and objectives

Group

  • The level and quality of our ESG reporting to the SES Committee was enhanced.
  • We engaged with fund managers to understand their ESG requirements.
  • We communicated with employees on our ESG initiatives, and the importance of our ESG performance in delivering against stakeholder expectations.
  • An externally facilitated assessment is underway to determine the maturity of our ESG management to inform future reporting, identify ESG gaps and areas of improvement, and assign KPIs and targets to key ESG matters.
  • The 2021 assurance on non-financial metrics highlighted areas for improvement in our data gathering processes at operational level. Additional training is being provided on the sustainability management system, Group processes and the importance of accurate reporting. An additional layer of control oversight has been added at operational management level.
  • We defined key sustainability-related objectives for 2022, identified the key projects and initiatives to achieve these objectives and set targets for each. We also clearly articulated and distinguished the roles and responsibilities at Group level from those at business segment and regional levels.
  • Kia established a Sustainability Committee as well as a dedicated procurement and sustainability function, with accountability for achieving set outcomes. The brand expects to make good headway on its sustainability plans in 2023.

Objectives

  • Monitor changes in sustainability reporting frameworks and continue to achieve closer alignment with best practice reporting frameworks, where feasible.
  • Enhance the measurement of key metrics, particularly social and supply chain metrics, and implement the improvements identified in the maturity assessment.
  • Drive consistent application of ESG frameworks across the Group and standardise the reporting, monitoring and quality assurance of ESG metrics.
  • Implement additional oversight mechanisms for third-party suppliers and non-profit organisations.
  • Implement a more efficient ESG information management system in 2023 to improve our reporting processes.
  • Consider the feasibility of establishing a Group operational committee to address and monitor our ESG strategy, and a property sub-committee to monitor new property developments and green investments.