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Redefine's Integrated Report ranks third in EY Excellence Integrated Reporting Awards

2nd August 2019
Contributor: Redefine Properties

Redefine's Integrated Report ranks third in EY Excellence Integrated Reporting Awards

02 August 2019: Our steadfast commitment to report on our journey to deliver sustained value creation to all our stakeholders through a purpose driven strategy in a transparent way continues to receive recognition. After consistently placing in the top 10 in the EY Excellence in Integrated Reporting Awards since 2015, Redefine was awarded third place in the latest EY rankings of the top 100 JSE listed companies for excellence in integrated reporting.

Our consistent achievement underscores the high value we place on monitoring, measuring and reporting on our environmental, social and governance obligations, demonstrating our integrated approach to making strategic choices to position Redefine to stay on course in our mission to deliver sustainable value. Redefine was the only REIT in the top 10.

The purpose of the rankings is to encourage and benchmark standards of excellence in the quality of integrated reporting to investors and other stakeholders in South Africa's listed company sector. The rankings are based on how well companies explain to stakeholders how they create value over time.

For Redefine, the integrated report represents a necessary and useful tool to inform all our stakeholders about our economic, environmental and social performance. We are delighted that our efforts have resulted in this recognition which assures us that we are on the right track in realising our purpose, which is to create and manage spaces in a way that changes lives.

By managing our risks and opportunities we create value in the short, medium and long term and through our award-winning report, investors and stakeholders can easily assess our full impact, as-well-as get insight into what lies ahead. The accolade endorses Redefine's leadership in sustainability reporting.

Our commitment to a strong framework of corporate governance and accountability has allowed us to be at the forefront of sustainable development and the adoption of progressive practices reflected in our social interventions like The Challenge Convention.

According to the adjudicators, the best reports need to provide an understanding of short- to long-term risks while providing an excellent description of the group's business model, including primary business activities as well as the outcomes.

The integrated report provides a window to our holistic approach to sustainable value creation to all stakeholders.
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