Dear stakeholder
Sustainability is embedded as a core value in the Italtile business, and we have an ESG sustainability strategy, which is underpinned by a range of KPIs designed to improve alignment and focus across the business to achieve our ESG ambitions.
As a responsible business, we recognise our duty to safeguard the planet for future generations. With this in mind, we advocate for our customers' right to a beautiful home - whether in their living spaces or within the communities and natural landscapes of which we are a part.
Our group is committed to sustainability, actively addressing our environmental impact, enhancing eco-efficiency, and offering products that support our customers to live sustainably.
Italtile believes that the application of effective governance is essential to establishing an ethical and successful organisation which creates sustainable value for its stakeholders, and embraces the principles set out in King IV. King IV's outcomes-driven approach to corporate governance aligns with Italtile's existing governance framework and commitment to sustainable value creation and continuous improvement.
The Group subscribes to the Institute of Directors' Governance Assessment Instrument ("IoDSA GAI")
Our retail brands and manufacturing businesses support the Group's commitment to working toward achieving the United Nations' SDGs to realise a better and more sustainable future for all. The Group has designed an inclusive ESG strategy, focusing on our commitment to addressing ESG matters in all aspects of our business. We acknowledge that the ability of companies to contribute toward community social upliftment and run impactful CSI projects is intrinsically linked to the sustainable generation of profits. In these challenging economic times, which have specifically impacted Ceramics' profitability, we are grateful to be able to continue implementing key community development initiatives.
The Social and Ethics Committee ("the Committee") is pleased to present its report for the financial year ended 30 June 2025.
It is a privilege to have the opportunity to serve as the Chairperson of the Social and Ethics Committee. Ms Nkateko Khoza stepped down as Chairperson of the Committee effective from 11 June 2025, and I wish to express my appreciation for her leadership and valuable contribution in steering the Committee over the years.
The Group regards transformation as a social, moral and strategic business imperative. Management recognises that as a responsible corporate citizen, the Group has an obligation to contribute to bringing about a more equal and inclusive society – starting within our own business.
The Foundation is a broad-based black ownership scheme, with the objective of conducting public benefit activities (public benefit organisation ("PBO") ref No 930044728) in a non‑profit manner and with an altruistic and philanthropic intent, working toward the transformation and upliftment of previously disadvantaged communities.
The Foundation accepts and deploys socio-economic and skills development donations in terms of the B-BBEE legislation and is authorised to issue 18A certificates.
The Foundation's distributions are made to public benefit activities relating to education, sport and conservation, as outlined in the following narrative.
