About these reports

In preparing these reports we have endeavoured to present a holistic and integrated representation of the Group’s performance in terms of both its profitability and its long-term sustainability. This report aims to inform our stakeholders about the objectives and strategies of the Group and its performance.

Strategy

  
Capitals

  
Property sectors
Growthpoint United Nations, Sustainable Development Goals focus

A CSR objective

A CSR objective

A sustainability strategy of 20:20:20:2

Property Point

CSR, Property Point and GBCSA

Various associations memberships and participation such as SA REIT, SAPOA and NBI

Integrated reporting journey

Growthpoint first issued an integrated annual report (IAR) in FY10. The reports in subsequent years, as well as the current year, have evolved and have been refined to reflect developments in integrated reporting, particularly those advocated by the International Integrated Reporting Council (IIRC), the most significant being the International Integrated Reporting Framework.

While the IAR is not audited, it contains information from the annual financial statements (AFS), on which an unmodified audit opinion has been expressed. Where information has not been derived from the AFS, the Audit Committee has obtained assurance with regard thereto by reviewing information from first line providers of assurance that have been checked by second and third line assurance providers, and by interacting with persons acting in an ex officio capacity who attended the special Audit Committee meeting convened to discuss the IAR.

The following lines of assurance have been identified:

Guiding principles

  • Strategy
  • Governance
  • Stakeholder responsiveness
  • Performance
  • Prospects.

Assurance

Growthpoint has a combined assurance model to enable its Audit Committee to express the view that it is satisfied that suitable assurance has been obtained for all material statements made in the IAR.

Responsibility statement

The Audit Committee and management acknowledge their responsibility to ensure the integrity of this report. The Audit Committee has applied its mind to the report and believes that it addresses all material matters and presents fairly the integrated performance of the organisation.

This report was approved by the Audit Committee on 1 October 2021 and is signed on its behalf by:

R Gasant LN Sasse
Chairman of the Audit Committee Group Chief Executive Officer
 

Growthpoint Properties is committed to delivering workspaces that positively impact the environment and wellbeing of people who occupy our buildings. Our innovative and sustainable property offerings are designed around providing space for you and your business to thrive.

Ethics

The Growthpoint code of ethics has been approved by the Board of Directors (the Board) and is binding on every employee, officer, director, contractor and supplier of Growthpoint.

The core values articulated in this code provide a firm and unshakeable foundation on which our organisational culture is built. Nonetheless, the code is a dynamic document which is constantly evolving as we strive for even higher standards. We at Growthpoint are committed to upholding and enforcing the standards articulated in this code and we will reconsider our dealings with individuals or entities not demonstrating the same level of commitment to organisational integrity.

Every employee, director and officer of Growthpoint accepts that any breach of the code of ethics exposes them to the possibility of disciplinary action, which could result in the termination of employment or office on the basis set out in the disciplinary codes. These procedures are available upon request.