JSE SOCIALLY RESPONSIBLE INVESTMENT INDEX
Bulletin to Oceana Group staff from FP Kuttel : Group CEO
I am pleased to advise that Oceana is one of 67 companies which has qualified for being listed on the 2009 JSE SRI Index. This year 109 companies were assessed, of which 11 were listed for the first time.
The SRI Index recognises companies with high standards and practice in all three pillars of the triple bottom line namely, economic, environmental and social sustainability with the principle of corporate governance underpinning each element. The principles and criteria by which we are assessed are made more stringent each year.
Oceana has continued to fulfil these criteria successfully which has resulted in it retaining its listing for a fifth consecutive year.
We will continue our drive towards incorporating sustainability principles into our everyday business practices. This includes striving towards achieving economic growth, whilst taking cognisance of the need to benefit society, protect the environment and utilise natural resources in a sustainable manner.
The SRI Index constituents were announced by the JSE at the launch of the 2009 JSE SRI Index in Johannesburg yesterday morning. Our company logo will appear in a congratulatory advertisement in the Business Day today and the Financial Mail during the course of this week.
This is a great achievement for all of us at Oceana and we take pride in being a responsible citizen in the sector within which we operate.
Thank you for your respective contributions and efforts towards our achievement.
1 December 2009