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Our social and ethics committee monitors the group’s activities in terms of social and economic development, including:

Adherence to the principles of the UN Global Compact (a policy initiative to align businesses with 10 universally accepted principles covering human rights, labour, environment and anticorruption), broad-based black economic empowerment (BBBEE), employment equity and the recommendations of the Organisation for Economic Cooperation and Development (OECD) on anticorruption
Good corporate citizenship – promoting equality, preventing discrimination, corporate social responsibility and ethical behaviour
Environmental, health and safety matters
Consumer relations
Labour and employment, including education and skills development.

Corporate social investment

Corporate social investment (CSI) takes place at group level through the Hyprop Foundation. The foundation invested R1 154 216 during the year, and R2 365 228 in added value for BBBEE compliance. Over 60% of the total investment was focused on education and feeding programmes at schools.

The added BBBEE value included use of facilities for events, staff resources and donations received from staff and stakeholders.

Rand (R) value of CSI/socio-economic development spend R  
Education 267 390  
Skills development, including adult basic education and training (ABET) 140 000  
Health, including HIV/Aids 3 400  
Basic needs and social development, including nutrition and/or feeding programmes 718 426  
Rand value of enterprise development spend (ie support for small business) 25 000  

Broad-based black economic empowerment

Hyprop recognises that integrating transformation into business practice is crucial for the sustainability of the company and South Africa. The company supports the property transformation charter in this regard. The social and ethics committee is responsible for driving progress, for specific areas of the BBBEE scorecard. The board of directors of Hyprop Investments Limited and its respective management teams are dedicated to the task of substantially increasing BBBEE at all levels of their business to assist redressing the imbalances of the past and empowering historically disadvantaged individuals.

New BBBEE codes became effective from 1 April 2015, but the property sector-specific code adjustments were postponed to October 2015. Hyprop’s sector code scored a level 6 (this cannot be fully determined, as the new sector codes have not been applied yet).

View our BBBEE certificate online.


Hyprop encourages preferential procurement, guided by procedures in its code of conduct. All our suppliers have been verified, and 93,8% of our procurement spend is BBBEE compliant
During the year, we spent almost R2 804 116 993 with qualifying certified BBBEE suppliers for a range of services, of that R2 893 506 with suppliers classified under black-owned enterprise development suppliers and R2 087 262 classified under female black-owned enterprise development.



Hyprop incurred no fines or prosecutions for non-compliance with social laws and regulations during the year.


Registration number: 1987/005284/06
2nd Floor, Cradock Heights, 21 Cradock
Avenue, Rosebank, 2196
PO Box 52509, Saxonwold, 2132
Tel: +27 11 447 0090
Fax: +27 11 447 0092


The interactive graph tool allows you to compare data for various elements over the last 5 years. You are able to choose data from the "Five year financial review tables.

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