ArcelorMittal South Africa, Barloworld and Nampak tops in integrated reporting
Leading black-owned assurance and advisory firm, Nkonki, on Friday announced the results of its sixth annual review of integrated reporting among the Top 100 JSE Listed Companies. The report, ‘Integrated Reporting – Raising the Bar’, assesses how the companies measure up in terms of applying the International Integrated Reporting Council’s (IIRC) Integrated Reporting (IR) Framework. ArcelorMittal South Africa, Barloworld and Nampak came out tops.
Thuto Masasa (pictured), Nkonki's Head of External Audit and Lead Partner for Integrated Reporting, said:
"One of the most notable improvements made in this year - the first time in the six-year history of the Nkonki review - was that a company scored over 90%. There was also an increase in those achieving an A rating, i.e. 80% and above, with 19 companies achieving this rating compared to 16 last year."
Overall results improved to 64% from 62% last year. The best performance remained in Consistency and Comparability (95% vs 2014: 84%), meaning that almost all companies ensured consistency over time, enabling comparisons with other organisations and with prior years of the same company.
This year's top 10 winners were:
1. ArcelorMittal South Africa Limited
2. Barloworld Limited
3. Nampak Limited
4. Royal Bafokeng Platinum Limited
5. Nedbank Group Limited
6. Anglo American Platinum Limited
7. Kumba Iron Ore Limited and Tsogo Sun Holdings (jointly placed)
8. Exxaro Resources
9. Sibanye Gold Limited
10. Aveng Group Limited
Industry winners were:
Basic Materials: ArcelorMittal South Africa Limited
Consumer Goods: Oceana Group Limited
Consumer Services: Tsogo Sun Holdings
Financials: Nedbank Group Limited
Health Care: Life Healthcare Group Holdings Limited
Industrials: Barloworld Limited
Telecommunications: MTN Group Limited