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JSE Update: Recent developments in ESG and Responsible Investment FTSE/JSE RI Index Changes to FTSE/JSE Responsible Investment Index Pursuant to the acquisition of SABMiller by Anheuser-Busch InBev, SABMiller was deleted from both the FTSE/JSE Responsible Investment Index (J113) as well as the FTSE/JSE Responsible Investment Top 30 Index (J110). As a result of the change, Gold Fields has moved into the FTSE/JSE Responsible Investment Top 30 Index (J110). The changes took effect from the start of trading on 30 September 2016. In order to be eligible for inclusion in the FTSE/JSE Responsible Investment Index Series, companies are required to form part of both the FTSE/JSE Swix All Share Index and the FTSE All World Index. At the September quarterly index review, four companies were deleted from the FTSE All World Index, and as a result also from the FTSE/JSE Responsible Investment Index. These changes took effect on Monday 19 September 2016. For further information and full constituent lists, please go to www.jse.co.za/responsible-investment or contact us on [email protected] . Events and other news On Tuesday 20 September 2016, the JSE hosted its annual ESG Investor Briefing. This year’s event took place at the newly-launched JSE Exchange Hub in Cape Town. Four companies presented their approach to sustainability and ESG to investors from across the value chain. n Gold Fields n Anglo American n Sasol n Woolworths Holdings The event was yet again a big success with the participating companies and attending investors commenting on its value. One company commented that “It is extremely worthwhile to interact with these investors and we have had a number of follow-ups from the forum”, while an attendee commented that “Having attended these briefings for the last few years, it is incredible the evolution in the standard of presentations being made by these companies. … the content and interaction is fantastic”. On the international stage, the conversations around ESG and responsible investment continue to intensify. During September, the JSE participated in the Sustainable Stock Exchanges (SSE) Initiative’s Global Dialogue in Singapore. At this event, the 2016 Report on Progress (see www.sseinitiative.org/2016rop/ ) was released. The report finds that exchanges are increasingly taking actions that contribute to creating more sustainable capital markets. The JSE features as a case study on creating a corporate ESG reporting culture in South Africa. Consensus is clear that integration of ESG into investment decision-making is growing, with the UN Principles for Responsible Investment recently releasing an ESG integration guide for equity investors (see www.unpri.org ). It is also worth looking out for the next report and recommendations of the Financial Stability Board’s Task Force for Climate-related Disclosures (see www.fsb-tcfd.org ). Finally, GRI will be launching their sustainability reporting standards soon, and the EY Excellence in Integrated Reporting Awards was released recently, finding a number of positive developments in relation to integrated reporting over the last five years. The report is available from EY South Africa’s web site. For any further enquiries please contact us on [email protected] or [email protected] 46 FTSE/JSE RI Index Profile’s Stock Exchange Handbook: 2016 – Issue 4 / E S T F E S J X E D N I I R PLEASE NOTE THAT QUARTERLY INDEX REVIEWS ARE APPLIED TO THE FTSE/JSE INDICES IN MARCH, JUNE, SEPTEMBER AND DECEMBER. THE CONSTITUENTS REFLECTED IN THIS ISSUE OF THE HANDBOOK ARE AS AT THE DATE OF PRINTING, AND CHANGES MAY TAKE PLACE FOLLOWING PUBLICATION. NO RESPONSIBILITY WILL BE ACCEPTED FOR RELIANCE ON INFORMATION THAT MAY NO LONGER BE CORRECT. PLEASE REFER TO ICA NOTICES UNDER www.jse.co.za/responsible-investment OR CONTACT [email protected] FOR THE CURRENT LIST.

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Page 1: JSE Update: Recent developments in ESG and Responsible ... · JSE Update: Recent developments in ESG and Responsible Investment ... Email: investors@goldfields.co.za Website: Grindrod

JSE Update: Recent developments in ESG andResponsible Investment

FTSE/JSE RI Index

Changes to FTSE/JSE Responsible Investment Index

Pursuant to the acquisition of SABMiller by Anheuser-Busch InBev, SABMiller was deleted from boththe FTSE/JSE Responsible Investment Index (J113) as well as the FTSE/JSE Responsible Investment Top 30 Index (J110). As a result of the change, Gold Fields has moved into the FTSE/JSE ResponsibleInvestment Top 30 Index (J110). The changes took effect from the start of trading on 30 September 2016.

In order to be eligible for inclusion in the FTSE/JSE Responsible Investment Index Series,companies are required to form part of both the FTSE/JSE Swix All Share Index and the FTSE All WorldIndex. At the September quarterly index review, four companies were deleted from the FTSE All WorldIndex, and as a result also from the FTSE/JSE Responsible Investment Index. These changes tookeffect on Monday 19 September 2016.

For further information and full constituent lists, please go to www.jse.co.za/responsible-investment or contact us on [email protected].

Events and other news

On Tuesday 20 September 2016, the JSE hosted its annual ESG Investor Briefing. This year’s eventtook place at the newly-launched JSE Exchange Hub in Cape Town.

Four companies presented their approach to sustainability and ESG to investors from across thevalue chain.

n Gold Fields

n Anglo American

n Sasol

n Woolworths Holdings

The event was yet again a big success with the participating companies and attending investorscommenting on its value. One company commented that “It is extremely worthwhile to interact withthese investors and we have had a number of follow-ups from the forum”, while an attendee commentedthat “Having attended these briefings for the last few years, it is incredible the evolution in the standard ofpresentations being made by these companies. … the content and interaction is fantastic”.

On the international stage, the conversations around ESG and responsible investment continue tointensify. During September, the JSE participated in the Sustainable Stock Exchanges (SSE) Initiative’sGlobal Dialogue in Singapore. At this event, the 2016 Report on Progress (seewww.sseinitiative.org/2016rop/) was released. The report finds that exchanges are increasingly takingactions that contribute to creating more sustainable capital markets. The JSE features as a case studyon creating a corporate ESG reporting culture in South Africa.

Consensus is clear that integration of ESG into investment decision-making is growing, with the UNPrinciples for Responsible Investment recently releasing an ESG integration guide for equity investors(see www.unpri.org). It is also worth looking out for the next report and recommendations of theFinancial Stability Board’s Task Force for Climate-related Disclosures (see www.fsb-tcfd.org).

Finally, GRI will be launching their sustainability reporting standards soon, and the EY Excellence inIntegrated Reporting Awards was released recently, finding a number of positive developments in relationto integrated reporting over the last five years. The report is available from EY South Africa’s web site.

For any further enquiries please contact us on [email protected] or [email protected]

46

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ES

TF

ES

JX

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NI IR

PLEASE NOTE THAT QUARTERLY INDEX REVIEWS ARE APPLIED TO THE FTSE/JSE INDICES IN MARCH, JUNE, SEPTEMBER AND DECEMBER. THE CONSTITUENTS

REFLECTED IN THIS ISSUE OF THE HANDBOOK ARE AS AT THE DATE OF PRINTING, AND CHANGES MAY TAKE PLACE FOLLOWING PUBLICATION. NO RESPONSIBILITY

WILL BE ACCEPTED FOR RELIANCE ON INFORMATION THAT MAY NO LONGER BE CORRECT. PLEASE REFER TO ICA NOTICES UNDER

www.jse.co.za/responsible-investment OR CONTACT [email protected] FOR THE CURRENT LIST.

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FTSE/JSE RI Index Constituents (as at 30 September 2016)FTSE/JSE RI Index

AECI Ltd.PRIVATE BAG X21, GALLO MANOR, 2052

African Rainbow Minerals Ltd.PO BOX 786136, SANDTON, 2146

Anglo American Platinum Ltd.PO BOX 62179, MARSHALLTOWN, 2107

Anglo American plc20 CARLTON HOUSE TERRACE, LONDON,ENGLAND, SW1Y 5AN

AngloGold Ashanti Ltd.PO BOX 62117, MARSHALLTOWN, 2107

Aspen Pharmacare Holdings Ltd.

Postal address:

PO BOX 25125, GATEWAY, 4321

Physical address:

Aspen Place, 9 Rydall Vale Park,Douglas Saunders Drive, La Lucia Ridge, Durban

Direct Tel: +27 (0) 31 580-8824

Fax: +27 (0) 31 580-8640

Email: [email protected]

Website: www.aspenpharma.com

Contact person: Jeanette Englund

AVI Ltd.PO BOX 1897, SAXONWOLD, 2132

Barclays Africa Group Ltd.PO BOX 7735, JOHANNESBURG, 2000

Barloworld Ltd.PO BOX 782248, SANDTON, 2146

BHP Billiton PlcNEATHOUSE PLACE, LONDON, SW1V 1BH, UK

British American Tobacco plcPO BOX 631, CAPE TOWN, 8000

Capital & Counties Properties plc15 GROSVENOR STREET, LONDON, UNITEDKINGDOM, W1K4QZ

Capitec Bank Holdings Ltd.PO BOX 12451, DIE BOORD, STELLENBOSCH, 7613

Clicks Group Ltd.PO BOX 5142, CAPE TOWN, 8000

Compagnie Financière Richemont50 CHEMIN DE LA CHENAIE, CP 30, 1293BELLEVUE, GENEVA, SWITZERLAND

Coronation Fund Managers Ltd.PO BOX 44684, CLAREMONT, CAPE TOWN, 7735

Discovery Ltd.PO BOX 786722, SANDTON, 2146\

Distell Group Ltd.PO BOX 184, STELLENBOSCH, 7599

EOH Holdings Ltd. PO BOX 59, BRUMA, 2026

Exxaro Resources Ltd.PO BOX 9229, PRETORIA, 0001

FirstRand Ltd.PO BOX 650149, BENMORE, 2010

Gold Fields Ltd.

Postal Address:

POSTNET SUITE 252, PRIVATE BAG X30500,HOUGHTON, 2041

Physical Address:

150 Helen Road, Sandown, Sandton, 2196

Tel: 011-562-9700

Fax: 011-562-9838

Email: [email protected]

Website: www.goldfields.com

Grindrod Ltd.PO BOX 1, DURBAN, 4000

Growthpoint Properties Ltd.PO BOX 78949, SANDTON, 2146

Hyprop Investments Ltd.PO BOX 52509, SAXONWOLD, 2132

Impala Platinum Holdings Ltd.PRIVATE BAG X18, NORTHLANDS, 2116

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Imperial Holdings Ltd.

Postal address:

PO BOX 3013, EDENVALE, 1610

Physical address:

Imperial Place, Jeppe Quondum, 79 Boeing Rd East,Bedfordview, 2007

Tel: 011-372-6500

Fax: 011-372-6555

Email: [email protected]

Website: www.imperial.co.za

Contact person: Esha Mansingh

Intu Properties plc40 BROADWAY, LONDON, UK, SW1H 0BT

Investec Ltd.PO BOX 785700, SANDTON, 2196

Investec plc2 GRESHAM STREET, LONDON, EC2V 7QP,UNITED KINGDOM, EC2V 7QP

JSE Ltd.PRIVATE BAG X991174, SANDTON, 2146

Kumba Iron Ore Ltd.PO BOX 9679, PRETORIA, 0046

Liberty Holdings Ltd.PO BOX 10499, JOHANNESBURG, 2000

Life Healthcare Group Holdings Ltd.PRIVATE BAG X13, NORTHLANDS, 2116

Massmart Holdings Ltd.PRIVATE BAG X4, SUNNINGHILL, 2157

MMI Holdings Ltd.PO BOX 7400, CENTURION, 0046

Mondi Ltd.POSTNET SUITE 444, PRIVATE BAG X1, MELROSE ARCH, 2076

Mondi plcBUILDING 1, 1ST FLOOR, AVIATOR PARK, STATION ROAD, ADDLESTONE, SURREY, KT15 2PG, UNITED KINGDOM

Mr Price Group Ltd.PO BOX 912, DURBAN, 4000

MTN Group Ltd.PRIVATE BAG X9955, CRESTA, 2118

Nampak Ltd.PO BOX 69983, BRYANSTON, 2021

Naspers Ltd.PO BOX 2271, CAPE TOWN, 8000

Nedbank Group Ltd.PO BOX 1144, JOHANNESBURG, 2000

Netcare Ltd.PRIVATE BAG X34, BENMORE, 2010

Northam Platinum Ltd.PO BOX 412694, CRAIGHALL, 2024

Oceana Group Ltd.PO BOX 7206, ROGGEBAAI, 8012

Old Mutual plc

Postal and Physical address:

5TH FLOOR, MILLENNIUM BRIDGE HOUSE,2 LAMBETH HILL, LONDON, EC4V 4GG, ENGLAND

Tel: +4420-7002-7000

Fax: +4420-7002-7225

Email: [email protected]

Website: www.oldmutual.com

Contact Person: Helen Wilson

Omnia Holdings Ltd.PO BOX 69888, BRYANSTON, 2021

Pick n Pay Stores Ltd.PO BOX 23087, CLAREMONT, 7735

Pioneer Food Group Ltd.GLACIER PLACE, 1 SPORTICA CRESCENT,TYGERVALLEY, 7530

Redefine Properties Ltd.PO BOX 1731, PARKLANDS, 2121

Remgro Ltd.PO BOX 456, STELLENBOSCH, 7599

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Reunert Ltd.

Postal Address:

PO BOX 784391, SANDTON, 2146

Physical Address:

Nashua Building, 54 Maxwell Drive, Woodmead,Sandton, 2191

Tel: 011-517-9000

Fax: 011-517-9035

Email: [email protected]

Website: www.reunert.com

Contact Person: Carina de Klerk

Sanlam Ltd.PO BOX 1, SANLAMHOF, 7532

Santam Ltd.PO BOX 3881, TYGER VALLEY, 7536

Sappi Ltd.PO BOX 31560, BRAAMFONTEIN, 2017

Sasol Ltd.PO BOX 5486, JOHANNESBURG, 2000

Sibanye Gold Ltd.PRIVATE BAG X5, WESTONARIA, 1780

Standard Bank Group Ltd.PO BOX 7725, JOHANNESBURG, 2000

Steinhoff International Holdings N.V.HERENGRACHT 466, AMSTERDAM,NETHERLANDS, 1017 CA

Sun International Ltd. PO BOX 782121, SANDTON, 2146

Telkom SA SOC Ltd.PRIVATE BAG X881, PRETORIA, 0001

The Foschini Group Ltd.PO BOX 6020, PAROW EAST, 7501

The SPAR Group Ltd.PO BOX 1589, PINETOWN, 3600

Tiger Brands Ltd.PO BOX 78056, SANDTON, 2146

Tongaat Hulett Ltd.PO BOX 3, TONGAAT, 4400

Truworths International Ltd.PO BOX 600, CAPE TOWN, 8000

Vodacom Group Ltd.PRIVATE BAG X9904, SANDTON, 2146

Woolworths Holdings Ltd.PO BOX 680, CAPE TOWN, 8000

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