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SOCIAL AND ETHICS COMMITTEE REPORT
We seek to add value to the lives of all our people by providing
an engaging environment for professional growth, competitive
remuneration, training support for further qualifications and an
inclusive and enabling culture. We work to unlock and nurture each
employee’s highest potential, to reward performance and address non-
performance. We foster a culture of respect with zero tolerance for
discriminatory behaviour.
Hyprop fully complies with employment laws and practices and is
committed to protecting human rights. Our code of ethics and the
disciplinary code are communicated to all employees.
Performance targets, training and skills development are reviewed
annually and aligned with the group’s strategy.
We are committed to creating and maintaining an environment that
provides equal opportunities for all employees. Our employment
equity policy codifies our commitment and stipulates the promotion
of equal opportunity, elimination of unfair discrimination and
implementation of measures to redress disadvantages experienced
by designated groups.
Our employees are essential to business performance and competitive strength and, ultimately,
the sustainability of our business. Our human resources strategy is to attract and retain talented
people who enhance the pools of leadership and skills for long-term growth, and strengthen the
group’s reputation as a good corporate citizen.
Workforce breakdown
Total number of employees
2015
2014
Hyprop Investments Limited –
permanent employees
199*
206
Hyprop Investments Limited –
contract and casual employees (mainly
information kiosk and event staff)
43
81
Percentage of employees who are
“permanent” (%)
82
72
Percentage of employees who belong
to a trade union (%)
0
0
Total Hyprop workforce
242
287
Word4Word – employees at
Hyprop sites
39
22
Word4Word – head office and
regional staff
14
13
Word4Word – staff outsourced to
external business
68
37
Word4Word – total employees
121
72
* Sale of Stoneridge and transfer of staff to the new owner, contributed
to the decline in permanent staff
HUMAN CAPITAL: INVESTMENT AND DEVELOPMENT
Sustainable and responsible corporate citizenship is a key driver of
the group’s growth strategy and daily operations. We are committed
to continuously improving our operations to reduce an already low
environmental impact, maintaining our role as a responsible corporate
citizen in preserving environmental resources, making a positive impact
on the wider community and encouraging our tenants, customers
and suppliers to do the same, while enhancing the workplace for our
tenants and employees.
In line with its charter, the board is the custodian of the group’s values,
ethics and strategic goals. The board leads by example and embodies
the values set out in the code of conduct and ethics. As a business
imperative, the board ensures that the company conducts its business
with integrity and with a high regard to ethical values and good
governance.
The social and ethics committee dealt with a wide range of issues
during the year, including social and economic development,
environmental, health and public safety, employment equity and black
economic empowerment.
For further information pertaining to areas of the business which are
addressed by the social and ethics committee, please refer to:
Q
Sustainability review – page 24
Q
Human capital review – page 46
Q
Intellectual capital review – page 51
Q
Social and relationship capital review – page 52
Q
Natural capital review – page 53
Mike Lewin
Social and ethics committee chairman
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Hyprop Investments Limited
Integrated Report 2015
SOCIAL AND ETHICS REVIEW