Capricorn Group has called on industry stakeholders to embrace transparent and sustainable reporting practices to bring about positive change.
Capricorn Group has called on industry stakeholders to embrace transparent and sustainable reporting practices, highlighting this will drive positive change and a more sustainable future.
The Group’s Chief Executive Officer, David Nuyoma, highlighted the importance of transparency and accountability in corporate governance and emphasised the role of integrated reporting in meeting the evolving information needs of stakeholders.
“Transparency and accountability are crucial in our journey to bring about positive change. We should take this opportunity to explore how we can enhance our Integrated Reporting, share insights, challenge assumptions, and work together to contribute to the narrative of a sustainable future,” Nuyoma said during an Investor Relations Workshop, held in collaboration with GreymatterFinch.
He traced Capricorn Group’s journey since its inaugural integrated annual report in 2016 stating that the evolution of reporting practices mirrors the shifting landscape of stakeholder expectations. He also emphasised the growing significance of sustainability disclosures alongside financial metrics.
“Capricorn Group’s own Integrated Report journey started in 2016 when we published our first Integrated Annual Report as part of our commitment to sound corporate governance, transparency and best practice. Since then, we have matured and evolved our reporting to ensure that we meet the needs of our stakeholders, whose information needs are changing, calling for more transparency and data on non-financial disclosures,” Nuyoma said.
During the workshop, a panel of speakers provided insights into various aspects of reporting, from the changing role of corporate boards to the integration of environmental, social, and governance (ESG) considerations into mainstream reporting.
Johannesburg Stock Exchange (JSE) Chief Sustainability Officer, Loshni Naidoo, emphasised the pivotal role of financial markets in driving sustainable value creation.
“The JSE, as a leader in sustainability in emerging markets, recognises the importance of integrating the long-term perspective into financial markets to reduce socio-economic and physical risks and contribute to enhanced financial stability and a low carbon economy through a just transition,” she said.
Meanwhile, reporting strategist at GreymatterFinch Hymli Krige spoke about the evolving responsibilities of corporate boards amidst increasing investor focus on ESG matters.
The event also culminated in a panel discussion moderated by Capricorn Group’s Head of Sustainability, Ruan Bestbier, joined by industry experts including Emilie Iyambo from the Government Institutions Pension Fund (GIPF), Jaco Visser of Gondwana Collection, and Robin Hollmann from Deloitte Africa.
