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| Annual Financial Statements |
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| Notice of AGM |
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| Sustainability report |
| for the year ended 28 February 2009 |
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Economic growth |
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- Ensuring sustainable company profits, supporting the local economy and promoting job creation
- Maintaining highest standards of corporate governance
- Integrating sustainability into governance and internal audit structures
- Continuing to identify and strive to meet stakeholder expectations
- Further developing partnerships to promote more sustainable sourcing, fairer trading practices and
greater
awareness
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- Opened 32 new corporate stores and converted 27 Score stores to independent black-owned Pick n Pay
franchise formats, creating new business owners and jobs, driving our growth in rural communities
- Developed a partnership model aimed at delivering sustainability-driven business solutions; the forum
identifies new partnerships for sustainable solutions, putting innovative ideas into practice
- Continuing to promote sustainable sources: organic and free-range produce, responsible management of
fish stocks and livestock, household eco-products; all our wood products are FSC certified
- Invested significantly in increasing our local organic supplier base; we increased our sales of organics by
50% last year to over R6 million
- Significant improvement in fresh foods and produce supplier relationship management, enhanced by
efficiency initiatives through our central distribution centre
- Reviewing our procurement practices internally with the aim of implementing revised policies to improve
standards in the supply chain. Our focus has been on ethical issues, notably labour standards, and moving
forward will be on animal welfare and green procurement practices
- Animal welfare – progressing on new policy and protocol development around farming, in consultation with
Landmark Foundation, NSPCA, Meat Producers and Compassion in World Farming; we also enhanced our
long-standing Country Reared programme
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