Sustainability Overview

Sustainability

ESG has been part of corporate thinking and reporting for some time. In recent years this was elevated considerably across the Group through the introduction of specific targets and measurements.

As the impact of climate change and inequality become more and more evident, the need for all stakeholders to ensure common cause, understanding and purpose, and to avoid damaging the environmental and social status for future generations, has become a critically important imperative. We recognise that people are the enabler of our business and a critical resource that needs to be nurtured, developed and supported.

Our sustainability strategy, focused on areas where we can make the biggest difference, culminated in an ESG Framework. The notion of stakeholder capitalism and sustainable enterprise value creation resonates strongly with the Group and for this reason we have set innovative, measurable and challenging targets for our leadership to implement this framework. This will ultimately ensure the continued generation of long-term value for shareholders, for all other members of stakeholder society and for the planet we share.

Gillian McMahon

Gillian McMahon

Executive Director

Sustainability Framework 2035

Our Sustainability Framework sets our focus areas and targets to achieve our objectives and meet our commitments, all while delivering the Bidvest strategy. These focus areas include:

 

PEOPLE

Empowering our people through inclusive development, lifelong learning, future-focused leadership

3, 4, 5

COMMITMENT STATEMENT

We are committed to fostering a culture of continuous learning, inclusion, and opportunity, ensuring that all employees are empowered to grow, adapt, and lead in a complex and evolving global landscape

STRATEGIC OBJECTIVE

To equip employees with the skills, opportunities, and support needed to thrive in a rapidly changing world, while ensuring inclusive access to growth and well-being

PILLARS

  1. Continuous learning and future ready capabilities
  2. Inclusive leadership and talent mobility
  3. Inclusive access and participation
  4. Employee well-being and psychological safety

IMPACT MADE ON STAKEHOLDERS

Employees & unions

31%

management appointments were internal promotions

111 792

employees on wellness programme

Improved

LTIFR

PURPOSE

Driving positive change with integrity

6, 7, 10, 12

COMMITMENT STATEMENT

We are committed to advancing environmental sustainability, ethical conduct, and purpose-driven innovation across our operations and value chain. Through responsible decision-making and transparent governance, we strive to create enduring value for society and the planet

STRATEGIC OBJECTIVE

To embed environmental and social responsibility into our strategy, promote sustainable innovation and maintain transparent, values-based leadership

PILLARS

  1. Climate responsibility
  2. Sustainable resource use
  3. Responsible innovation
  4. Improve and protect employees’ livelihoods

IMPACT MADE ON STAKEHOLDERS

Communities, government & regulators

10%

electricity drawn from renewable sources

96%

waste recycled

13 682

ow-income employees covered by private medical insurance

PERFORMANCE

Driving excellence and sustainable growth through ethical governance, accountable leadership, inclusive economic growth

8

COMMITMENT STATEMENT

We will uphold the highest standards of ethical governance and performance. Through accountable leadership and proactive risk management, we aim to earn trust and deliver long term value responsibly

STRATEGIC OBJECTIVE

To ensure resolute corporate governance, responsible decision-making, transparent disclosures and generate shared value

PILLARS

  1. Sustainable financial growth
  2. Leadership accountability
  3. Shared value creation
  4. Stakeholder trust and operational resilience

IMPACT MADE ON STAKEHOLDERS

Investors & funders, customers & suppliers

Real HEPS & DPS growth and economic value-accretive returns

IT hygiene controls consistently on par with global leaders

Innovation that adds everyday value and enables activity

FY2026Sustainability performance

Our People: Empowering our people through inclusive development, lifelong learning, future-focused leadership

We are committed to fostering a culture of continuous learning, inclusion and opportunity, ensuring that all employees are empowered to grow, adapt and lead in a complex and evolving global landscape.

Our people are a critical resource. They are central to our success and making a positive impact on the world. Therefore, they must be empowered, respected, valued and kept safe and healthy. We provide training opportunities to ensure that our people grow, advance their careers, access good employment and ultimately can meet their full potential; we strive to create a healthy, happy and safe environment; we promote fair and transparent pay, benefits and rewards, whilst promoting equity, diversity and inclusion which is at the heart of our business.

As one of the largest private sector employers in SA, where inequality and unemployment, particularly among youth, are widespread, we are intentional in our interventions for our people, their multiple dependants, and the broader community. In our international territories of operations, our businesses also play a vital role in the communities and places where we live and work. Through local partnerships, social value initiatives, and volunteering, we actively contribute to economic and social wellbeing. We seek to drive lasting positive change by supporting education, employment and community resilience.

Putting people at the heart of our business

The social element of sustainability is of particular importance to Bidvest, touching multiple sectors and communities, and relevant to its operations that promote and offer out-of-home hygiene and integrated facilities management services, in order to support safe and healthy occupational environments.

Our Purpose: Driving positive change with integrity

We are committed to advancing environmental sustainability, ethical conduct, and purpose-driven innovation across our operations and value chain. Through responsible decision-making and transparent governance, we strive to create enduring value for society and the planet

In line with SDGs aimed at affordable and clean energy, climate action and responsible consumption, the Group is focused on energy and water efficiency, responsible waste management, and innovative solutions to aid customer sustainability.

The Group is proud to be a deep-rooted corporate citizen in South Africa, Namibia, the UK, Ireland, Australia, Spain, Singapore and Canada, as it is highly engaged in community and human capital development activities and supporting local businesses. This aligns with SDGs aimed at reducing inequality and socio-economic participation.

Bidvest is a signatory to and participant in the United Nation’s Global Compact. Bidvest’s Group CEO serves on the board of the UN Global Compact Network SA and is the chair. The Bidvest Corporate Affairs executive chairs the member-led gender equality sub-committee of the UNGCSA and nominated senior executives participate in the UN’s Gender Diversity as well as Business and Human Rights Accelerator programmes.

Bidvest reports on Scope 1 and 2 emissions as defined by the GHG Protocol and track these emissions against reduction targets. The Group’s environmental footprint is concentrated in its Freight operations, BidAir Cargo, laundries and the businesses with extensive operational networks, which collectively represent the vast majority of Group emissions and water usage. We focus on lowering our consumption of fossil-fuel generated energy and water, increasing the proportion of renewable energy we use, and improving energy and water efficiency in our operations.

We recognise the importance of also contributing to Scope 3 emission reductions. Given the diversity and disparity of Group operations, the identification of applicable inventories and gathering of data on an aggregated level is not feasible at this stage. Select businesses within the Group have embarked on this journey. As part of our Sustainability Framework 2035, we have, however, included a target to redesign, re-engineer, re-source, and recycle products or services making up 10% of procurement spend. We view this as a practical commitment to reduce Scope 3 emissions.

Our Performance: Driving excellence and sustainable growth through ethical governance, accountable leadership, inclusive economic growth

We will uphold the highest standards of ethical governance and performance. Through accountable leadership and proactive risk management, we aim to earn trust and deliver long-term value responsibly

Strong corporate governance is the foundation of ethical, transparent and accountable business practices. It ensures that decision-making processes prioritise the interests of shareholders, employees, customers, and the broader community. At Bidvest governance is not just compliance, it is a strategic enabler of trust, resilience, and long-term value creation.

Doing the right thing even when no one is looking

Bidvest has a deeply entrenched functional governance structure that places significant reliance on the ethical behaviour of all employees. This places a very high hurdle of responsibility and accountability on everyone.

Rather than having many policies and manuals, we have a Bidvest Code of Ethics that sets out our behaviour. When someone missteps, decisive action is taken and communicated back into the business. An authority matrix forms the backbone of day-to-day governance. Formal reporting structures complement business-level processes that result in dynamic and iterative risk assessments and mitigation actions as well as operational agility. Relevant management and executive committees have been structured into each of the six divisions and report into divisional boards. Matters from these divisional board meetings are escalated further to the Exco, which comprises Group directors and functional executives (covering strategy, finance, transformation, investor relations, ESG, business development) as well as the six divisional CEOs. The three executive directors in turn report into the main Group Board of directors, directly or through the established committees.

ALICETM, the Group’s autonomous, intelligent capability robot, has become embedded in the operations of each of the environments across the Group as our governance mindset has shifted from annual audit, risk and compliance reviews to continuous monitoring of their control environments.