Mr Price Group Limited · JSE:MRP
Mr Price — ESG Presentation (September 2024)
19 slides from Mr Price's sustainability presentation, September 2024
Slide 1: ESG: we do good
By Janis Cheadle we do good.
Slide 2: together we do good. History
together we do good. History 2005 2013 2017 2019 2021 2023 • Mr Price Foundation • Member of Ethical Trading • ETI Full member • Signatory of the South African • Sustainability Pillar 6 of Group • Climate Change risk & Scenario established Initiative (ETI) R-CTFL Master Plan strategy Analysis • KZN
Slide 3: ESG Operationally embedded
ESG Operationally embedded KEY BUSINESS STAKEHOLDERS ENV IR ONM E NTAL Quarterly meetings board • Real Estate Environmental SME • Sourcing Trading divisions and centres of excellence • Merch Social, Ethics, Transformation and • All associates • People • Supply Chain + Logistics (DC) B-BBEE • Store O
Slide 4: Localising the ESG context
Localising the ESG context • Global focus on standardising regulatory frameworks Global • Advancing the maturation of ESG assurance to address rainbow washing, green washing, etc. • Weak compliance and / or enforcement hinders effective corporate governance Africa • A mismatch exists between ESG pri
Slide 5: ESG strategy Strategic Framework
ESG strategy Strategic Framework FRAMEWORK PILLARS M IC N O C O 1. Pre E ic Value ser EN om pment vin VI n Res gN co velo ou R E 7. in De rce atur a s al O Ch 8 N 10 6 Environmental M 12 12 EN 17 TA Value chain Sustainable 1. Preserving natural resources L 2. optimisation, sourcing and t en consumpt
Slide 6: ESG highlights FY2024
ESG highlights FY2024 ENVIRONMENTAL Over 45 million Over 39.1 million 47.5 million 100 % Over 91 % plastic packets removed merchandise units merchandise units have a harvested rainwater used of waste at head offices from circulation contained less plastic sustainable attribute at Hammarsdale DC and
Slide 7: Four-year performance dashboard
Four-year performance dashboard Sustainability Sustainability Group Group Key SDG Trend FY2024 pillar objective strategic pillar risk Group Strategic Pillars % reduction in single-use plastic shoppers 61.7 % of packaging reduced 86.5 Stakeholder Engagement 3&4 No 97.1 People % of packaging from recy
Slide 8: Integration of sustainability & reward
Integration of sustainability & reward • Reduction in single-use plastic shopper bags • Energy usage • Recycling 40 % Environmental • Sustainable materials 20 % • Preferential procurement and supplier development • Transformation • Workplace opportunities Social • Factory social compliance audits 40
Slide 9: External recognition
External recognition 2024 ESG Top Maintained inclusion in ISS Rating C Rated Company FTSE4Good Index Series • 1 of 2 Africa / Middle East • Since 2020 • With transparency companies considered very high • 11.1 low risk • Top rated value retailer • Top two rated retailers 197
Slide 10: Environmental
Environmental THE KEY ENVIRONMENTAL ACHIEVEMENTS FOR FY2024 ARE: M IC N O C O 1. Pre Sustainability indicator SDG FY2024 actuals E c Value ser EN i v nom pment Res ing N VI co velo ou R E 7. in De rce atur a s al % reduction in single-use 61.7% O Ch 8 N 10 6 plastic shoppers M 12 12 45.1m plastic ba
Slide 11: Environmental continued
Environmental CONTINUED Preserving natural resources Reduce & stabilise environmental impact • Sustainable materials • Biodiversity • Plastic reduction • Energy reduction • Cleaner production • Circular economy • Packaging adaptation • Climate change • Water stewardship • Renewable energy • Waste re
Slide 12: Our climate change process
Our climate change process 2023 2021 2022 • Risk & scenario analysis 2024 TCFD Gap Analysis Climate change framework • GHG emission baseline Climate change action plan • Modeling of 1.5-degree mitigation Scope emissions (tCO2e) FY2020 FY2021 FY2022 FY2023 FY2024 Scope 1 2 340 1 905 2 350 2 932 4 044
Slide 13: Social Sustainability in our supply chain
Social Sustainability in our supply chain THE KEY SOCIAL ACHIEVEMENTS FOR FY2024 ARE: M IC N O C O 1. Pre Sustainability indicator SDG FY2024 actuals E c Value ser EN i v nom pment Res ing N VI co velo ou R E 7. in De rce atur % of JumpStart placements 77.6% a s al O Ch 8 5 098 JumpStart participant
Slide 14: Social Our supplier base
Social Our supplier base Sourcing map* South Africa Rest of Africa Rest of world 35.6% Sourcing by 49.3% region China 03 08 15.1% 10 09 05 07 South Africa 01 02 06 • Over half (50%) of products are sourced in Africa 04 • This is more than 123m units Eswatini • 103.5 million units were sourced from S
Slide 15: Social Our supplier base continued
Social Our supplier base CONTINUED DURATION OF SUPPLIER PARTNERSHIPS 500 50 • The group has 1047 active 43.5 suppliers 450 45 • Over 31% (331) of suppliers 400 40 have traded with the group for 350 35 more than 10 years Suppliers (number) • 74 suppliers have been with the Suppliers (%) 300 24.8 30 g
Slide 16: Social Transparency
Social Transparency 1 168 FACTORIES VISIBLE 1 099 FACTORIES AUDITED 3.1% 5.9% Disclosed Audited Undisclosed Not audited 96.9% 94.1% We have confidence in what we know 204
Slide 17: Social Sustainability in our supply chain
Social Sustainability in our supply chain SUPPLIER COMPLIANCE PROCESS • New suppliers conclude written supplier agreements in terms of • New suppliers are required to submit a compliance audit before being listed as Onboarding which they are contractually bound to comply with the group’s an active s
Slide 18: DC A case study of sustainability
DC A case study of sustainability Reduce Reuse Recycle • 8 799kl of rainwater harvested & used • 392 813 boxes recycled • All waste generated is separated • 93% electric handling fleet • Upcycled furniture made from machinery for recycling • Emission free transport for packaging crates • 93% of all
Slide 19: DC A case study of sustainability continued
DC A case study of sustainability CONTINUED COMMUNITY PARTICIPATION • Mr Price Foundation supports 40 schools in Hammarsdale • Strong engagement and partnership with the Hammarsdale residents and business community • Donation of R25 000 prizes made by DC women’s and men’s soccer teams to schools in