The Clicks Group board has ultimate oversight of sustainability-related issues, including the process of sustainability integration into the group’s strategy, decision-making and governance practices.

The group’s sustainability disclosure is informed by the following standards and guidelines:

  • JSE Sustainability and Climate Change Disclosure Guidance
  • King IV Report on Corporate Governance (King lV)
  • Global Reporting Initiative (GRI)
  • Sustainable Development Goals (SDGs)
  • United Nations Global Compact Principles
  • Carbon Disclosure Project (CDP)
  • Task Force for Climate-related Financial Disclosures (TCFD)

Management is measured against sustainability objectives set by the board and in relation to the elements of the broad-based black economic empowerment (BBBEE) scorecard. The group’s long-term incentive (LTI) scheme incorporates ESG performance measures that could result in an incentive pay-out being adjusted downwards by up to 15%. This is aimed at ensuring that management pursues an integrated sustainability agenda which contributes to long-term enterprise value creation. Effective from 1 September 2022, the short-term incentive scheme has incorporated similar ESG performance modifiers. The board approved a revision of the ESG modifier to replace the ‘Carbon Disclosure Project’ as a performance metric to ‘the use of renewable energy’ under the LTI scheme.

Accredited service providers have reviewed selected non-financial performance metrics, including the group’s BBBEE rating. The group’s carbon footprint has been verified by Sustainability IT. Management has verified the processes for measuring all other non-financial information.

The group has achieved the following ESG ratings

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