ONLINE ANNUAL REPORT 2010

INTRODUCTION

During the past two financial years, Massmart disclosed its sustainability performance in increasing detail in separate sustainability reports packaged with the financial statements.

This year, we have changed our approach in two ways:

Based on the perspective that sustainability reporting covers financial and accountability factors, we have incorporated a corporate accountability section in the main body of Massmart’s 2010 annual report. This section covers Broad-based Black Economic Empowerment (B-BBEE), Human Capital, Climate Change and Environment and Corporate Social Investment (CSI).

At the same time, we have reduced the scope of accountability information available within the 2010 annual report, preferring instead to refer the interested reader to considerably more detailed information on the Massmart website. This additional reading can be accessed under the menu option “2010 Annual Report Additional Reading” by following the link: http://www.massmart.co.za/additionalreading

Insight

Massmartís core sustainability commitments


We sensibly integrate sustainability practices with business objectives.

We offer suppliers an efficient and socially relevant channel to their markets.

We optimise value for customers by providing affordable access to quality safe merchandise that has been procured responsibly.

We act in an accountable manner leveraging opportunities and managing risks arising from economic, environmental and social developments.

We advocate the principles of responsible consumerism to customers and responsible business practice to suppliers.

For additional reading in the report you can also refer to:

back to top