OUR PLAN - Transnet

SUSTAINABILITY
WE ARE COMMITTED FOR THE LONG TERM
Companies worldwide need to focus on long-term
sustainability. Areas of systemic vulnerability
need to be identified and opportunities for
social and environmental value creation must be
adopted into business practice.
SUSTAINABLE development meets the needs of the
present without compromising future generations.
Earth’s natural resources are finite but we need
to lift millions of people out of poverty. As living
standards improve, humanity consumes more
energy, water and food, produces more waste and
threatens biodiversity. How can we meet people’s
needs and also protect the planet This is the
sustainability challenge of our time. With innovation
and leadership, sustainable development is possible.
Increased demand for
resources – particularly
coal, oil, iron ore, gas,
water, food.
Constrained and costly
supply of natural
resources and the
energy used for their
extraction.
Stronger regulatory
controls on companies’
environmental and
social impacts.
Sharper stakeholder
scrutiny of companies’
behaviour.
History will judge
whether Transnet
produces lasting
dividends for the
South African economy,
society and the environment.
Our commitment to
stakeholders is to
demonstrate how decisions
and actions in our rail, port
and pipeline businesses are
rooted in a deep concern
for sustainability in all we do.
BRIAN MOLEFE
GROUP CHIEF
EXECUTIVE
HOW
WE WILL
HELP
ECONOMIC
DIVIDENDS
• Cost-effective freight logistics
infrastructure ahead of demand.
• Reliable and efficient rail, port and
pipeline services.
• Skilled human resources aligned to
infrastructure and services.
• Local supplier industry development.
• Job creation.
• Rural development.
• Regional integration.
• A financially stable business, able
to raise and service debt, reinvest
revenues and pursue agreements with
private parties to optimise investment
and services.
SOCIAL
DIVIDENDS
• Good governance, accountability
and transparency.
• Zero tolerance of fraud and
corruption.
• A representative workforce.
• Safety.
• Staff wellness.
• Broad-based black economic
empowerment.
• Corporate social investment.
• Community benefits.
• Proactive stakeholder engagement.
ENVIRONMENTAL
DIVIDENDS
• Modal shift from road to rail, lowering
South Africa’s carbon emissions.
• Energy efficiency.
• Climate change mitigation.
• Climate change adaptation.
• Water use efficiency.
• Waste management optimisation.
• Biodiversity enhancement.
TRANSNET 39