Introducing FirstRand's sustainability framework
FirstRand has carefully considered the principles and objectives of integrated reporting. The Group’s objective is to apply best practice, in so far that it supports the Group’s interpretation of the sustainability of its strategy and operations. It does not seek to tick all the boxes but rather provide stakeholders with enough relevant information to take an informed view on the quality of leadership’s strategic thinking, execution of strategy and utilisation of operating platforms, financial resources and risk capacity. The approach is fundamentally designed to present substance over form.
Depicted below is FirstRand’s sustainability framework which represents the five key pillars of the Group’s approach to delivering superior and sustainable returns to its stakeholders. It indicates some key sections in the 2013 annual integrated report, published elsewhere on this website, where the reader can find narrative and data that substantiates the statement of intent.