November 2016 – Wilderness Holdings’ Integrated Report for the 2016 Financial Year received the Merit Award in the Regional Companies category in this year’s Integrated Reporting Awards, as well as Best Corporate Social Investment (CSI) programme for the third consecutive year in the PricewaterhouseCoopers (PwC) Best Published Corporate Report and Accounts Awards. The Report was also the runner up in the latter in the Commerce category.
“Wilderness Holdings is the only company in southern Africa’s ecotourism industry to publish an annual Integrated Report, according to its core 4Cs sustainability ethos of Commerce, Community, Culture and Conservation. In order to remain Africa’s leading authentic and sustainable ecotourism operator, transparency is key. Wilderness Holdings is therefore proud to continue leading best practice in the industry by publishing a report in such detail,” says Derek de la Harpe, Wilderness Holdings’ Chief Sustainability Officer.
The Integrated Reporting Awards, co-hosted by Chartered Secretaries Southern Africa (CSSA) and the Johannesburg Stock Exchange, took place at a gala dinner at Montecasino in Johannesburg on 16 November 2016, with over 100 companies entering. The ceremony recognises the importance of good governance and reporting in the face of a rapidly-changing business world, offering companies an opportunity to appraise their reports against international best practice and for peer-to-peer comparison
The PwC Best Published Corporate Report and Accounts Awards, a collaboration between PwC and Business Botswana, were held on 16 November 2016 at the Gaborone International Conference Centre, Botswana. Their aim is to encourage companies to strive for industry best practice and delivery in financial reporting. The quality of reporting, adherence to corporate governance and commitment to corporate social responsibility are just some of the criteria involved.
Wilderness Holdings listed on the Botswana Stock Exchange six years ago and has since published a detailed Integrated Report. To ensure that the business remains committed to using its sustainability ethos as the blueprint of its operations, the 2016 Integrated Report follows the 4Cs structure – publically detailing information pertaining to the successes and issues faced across the Group from 1 March 2015 to 29 February 2016.
“By structuring the Report around the 4Cs, Wilderness continues to demonstrate how a sustainable ecotourism business can make a positive difference to the ongoing conservation of Africa’s pristine wilderness environments while at the same time empowering local communities and still making business sense for its stakeholders,” states de la Harpe.
The Report includes a five-year review that illustrates long-term trends for key performance indicators under each of the 4Cs. The Group was proud to report that it has exceeded, by a 5% margin, its four-year target to achieve 80% compliance with its Group Environmental Minimum Standards. The Report also includes an overview of the company’s history, highlighting both sustainability and business milestones since its inception in 1983.
For information on the Integrated Reporting Awards visit www.chartsec.co.za.