JSE Update: Recent developments in ESG andResponsible Investment
FTSE/JSE RI Index
Changes to FTSE/JSE Responsible Investment Index
Pursuant to the acquisition of SABMiller by Anheuser-Busch InBev, SABMiller was deleted from boththe FTSE/JSE Responsible Investment Index (J113) as well as the FTSE/JSE Responsible Investment Top 30 Index (J110). As a result of the change, Gold Fields has moved into the FTSE/JSE ResponsibleInvestment Top 30 Index (J110). The changes took effect from the start of trading on 30 September 2016.
In order to be eligible for inclusion in the FTSE/JSE Responsible Investment Index Series,companies are required to form part of both the FTSE/JSE Swix All Share Index and the FTSE All WorldIndex. At the September quarterly index review, four companies were deleted from the FTSE All WorldIndex, and as a result also from the FTSE/JSE Responsible Investment Index. These changes tookeffect on Monday 19 September 2016.
For further information and full constituent lists, please go to www.jse.co.za/responsible-investment or contact us on [email protected].
Events and other news
On Tuesday 20 September 2016, the JSE hosted its annual ESG Investor Briefing. This year’s eventtook place at the newly-launched JSE Exchange Hub in Cape Town.
Four companies presented their approach to sustainability and ESG to investors from across thevalue chain.
n Gold Fields
n Anglo American
n Sasol
n Woolworths Holdings
The event was yet again a big success with the participating companies and attending investorscommenting on its value. One company commented that “It is extremely worthwhile to interact withthese investors and we have had a number of follow-ups from the forum”, while an attendee commentedthat “Having attended these briefings for the last few years, it is incredible the evolution in the standard ofpresentations being made by these companies. … the content and interaction is fantastic”.
On the international stage, the conversations around ESG and responsible investment continue tointensify. During September, the JSE participated in the Sustainable Stock Exchanges (SSE) Initiative’sGlobal Dialogue in Singapore. At this event, the 2016 Report on Progress (seewww.sseinitiative.org/2016rop/) was released. The report finds that exchanges are increasingly takingactions that contribute to creating more sustainable capital markets. The JSE features as a case studyon creating a corporate ESG reporting culture in South Africa.
Consensus is clear that integration of ESG into investment decision-making is growing, with the UNPrinciples for Responsible Investment recently releasing an ESG integration guide for equity investors(see www.unpri.org). It is also worth looking out for the next report and recommendations of theFinancial Stability Board’s Task Force for Climate-related Disclosures (see www.fsb-tcfd.org).
Finally, GRI will be launching their sustainability reporting standards soon, and the EY Excellence inIntegrated Reporting Awards was released recently, finding a number of positive developments in relationto integrated reporting over the last five years. The report is available from EY South Africa’s web site.
For any further enquiries please contact us on [email protected] or [email protected]
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PLEASE NOTE THAT QUARTERLY INDEX REVIEWS ARE APPLIED TO THE FTSE/JSE INDICES IN MARCH, JUNE, SEPTEMBER AND DECEMBER. THE CONSTITUENTS
REFLECTED IN THIS ISSUE OF THE HANDBOOK ARE AS AT THE DATE OF PRINTING, AND CHANGES MAY TAKE PLACE FOLLOWING PUBLICATION. NO RESPONSIBILITY
WILL BE ACCEPTED FOR RELIANCE ON INFORMATION THAT MAY NO LONGER BE CORRECT. PLEASE REFER TO ICA NOTICES UNDER
www.jse.co.za/responsible-investment OR CONTACT [email protected] FOR THE CURRENT LIST.
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FTSE/JSE RI Index Constituents (as at 30 September 2016)FTSE/JSE RI Index
AECI Ltd.PRIVATE BAG X21, GALLO MANOR, 2052
African Rainbow Minerals Ltd.PO BOX 786136, SANDTON, 2146
Anglo American Platinum Ltd.PO BOX 62179, MARSHALLTOWN, 2107
Anglo American plc20 CARLTON HOUSE TERRACE, LONDON,ENGLAND, SW1Y 5AN
AngloGold Ashanti Ltd.PO BOX 62117, MARSHALLTOWN, 2107
Aspen Pharmacare Holdings Ltd.
Postal address:
PO BOX 25125, GATEWAY, 4321
Physical address:
Aspen Place, 9 Rydall Vale Park,Douglas Saunders Drive, La Lucia Ridge, Durban
Direct Tel: +27 (0) 31 580-8824
Fax: +27 (0) 31 580-8640
Email: [email protected]
Website: www.aspenpharma.com
Contact person: Jeanette Englund
AVI Ltd.PO BOX 1897, SAXONWOLD, 2132
Barclays Africa Group Ltd.PO BOX 7735, JOHANNESBURG, 2000
Barloworld Ltd.PO BOX 782248, SANDTON, 2146
BHP Billiton PlcNEATHOUSE PLACE, LONDON, SW1V 1BH, UK
British American Tobacco plcPO BOX 631, CAPE TOWN, 8000
Capital & Counties Properties plc15 GROSVENOR STREET, LONDON, UNITEDKINGDOM, W1K4QZ
Capitec Bank Holdings Ltd.PO BOX 12451, DIE BOORD, STELLENBOSCH, 7613
Clicks Group Ltd.PO BOX 5142, CAPE TOWN, 8000
Compagnie Financière Richemont50 CHEMIN DE LA CHENAIE, CP 30, 1293BELLEVUE, GENEVA, SWITZERLAND
Coronation Fund Managers Ltd.PO BOX 44684, CLAREMONT, CAPE TOWN, 7735
Discovery Ltd.PO BOX 786722, SANDTON, 2146\
Distell Group Ltd.PO BOX 184, STELLENBOSCH, 7599
EOH Holdings Ltd. PO BOX 59, BRUMA, 2026
Exxaro Resources Ltd.PO BOX 9229, PRETORIA, 0001
FirstRand Ltd.PO BOX 650149, BENMORE, 2010
Gold Fields Ltd.
Postal Address:
POSTNET SUITE 252, PRIVATE BAG X30500,HOUGHTON, 2041
Physical Address:
150 Helen Road, Sandown, Sandton, 2196
Tel: 011-562-9700
Fax: 011-562-9838
Email: [email protected]
Website: www.goldfields.com
Grindrod Ltd.PO BOX 1, DURBAN, 4000
Growthpoint Properties Ltd.PO BOX 78949, SANDTON, 2146
Hyprop Investments Ltd.PO BOX 52509, SAXONWOLD, 2132
Impala Platinum Holdings Ltd.PRIVATE BAG X18, NORTHLANDS, 2116
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Imperial Holdings Ltd.
Postal address:
PO BOX 3013, EDENVALE, 1610
Physical address:
Imperial Place, Jeppe Quondum, 79 Boeing Rd East,Bedfordview, 2007
Tel: 011-372-6500
Fax: 011-372-6555
Email: [email protected]
Website: www.imperial.co.za
Contact person: Esha Mansingh
Intu Properties plc40 BROADWAY, LONDON, UK, SW1H 0BT
Investec Ltd.PO BOX 785700, SANDTON, 2196
Investec plc2 GRESHAM STREET, LONDON, EC2V 7QP,UNITED KINGDOM, EC2V 7QP
JSE Ltd.PRIVATE BAG X991174, SANDTON, 2146
Kumba Iron Ore Ltd.PO BOX 9679, PRETORIA, 0046
Liberty Holdings Ltd.PO BOX 10499, JOHANNESBURG, 2000
Life Healthcare Group Holdings Ltd.PRIVATE BAG X13, NORTHLANDS, 2116
Massmart Holdings Ltd.PRIVATE BAG X4, SUNNINGHILL, 2157
MMI Holdings Ltd.PO BOX 7400, CENTURION, 0046
Mondi Ltd.POSTNET SUITE 444, PRIVATE BAG X1, MELROSE ARCH, 2076
Mondi plcBUILDING 1, 1ST FLOOR, AVIATOR PARK, STATION ROAD, ADDLESTONE, SURREY, KT15 2PG, UNITED KINGDOM
Mr Price Group Ltd.PO BOX 912, DURBAN, 4000
MTN Group Ltd.PRIVATE BAG X9955, CRESTA, 2118
Nampak Ltd.PO BOX 69983, BRYANSTON, 2021
Naspers Ltd.PO BOX 2271, CAPE TOWN, 8000
Nedbank Group Ltd.PO BOX 1144, JOHANNESBURG, 2000
Netcare Ltd.PRIVATE BAG X34, BENMORE, 2010
Northam Platinum Ltd.PO BOX 412694, CRAIGHALL, 2024
Oceana Group Ltd.PO BOX 7206, ROGGEBAAI, 8012
Old Mutual plc
Postal and Physical address:
5TH FLOOR, MILLENNIUM BRIDGE HOUSE,2 LAMBETH HILL, LONDON, EC4V 4GG, ENGLAND
Tel: +4420-7002-7000
Fax: +4420-7002-7225
Email: [email protected]
Website: www.oldmutual.com
Contact Person: Helen Wilson
Omnia Holdings Ltd.PO BOX 69888, BRYANSTON, 2021
Pick n Pay Stores Ltd.PO BOX 23087, CLAREMONT, 7735
Pioneer Food Group Ltd.GLACIER PLACE, 1 SPORTICA CRESCENT,TYGERVALLEY, 7530
Redefine Properties Ltd.PO BOX 1731, PARKLANDS, 2121
Remgro Ltd.PO BOX 456, STELLENBOSCH, 7599
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Reunert Ltd.
Postal Address:
PO BOX 784391, SANDTON, 2146
Physical Address:
Nashua Building, 54 Maxwell Drive, Woodmead,Sandton, 2191
Tel: 011-517-9000
Fax: 011-517-9035
Email: [email protected]
Website: www.reunert.com
Contact Person: Carina de Klerk
Sanlam Ltd.PO BOX 1, SANLAMHOF, 7532
Santam Ltd.PO BOX 3881, TYGER VALLEY, 7536
Sappi Ltd.PO BOX 31560, BRAAMFONTEIN, 2017
Sasol Ltd.PO BOX 5486, JOHANNESBURG, 2000
Sibanye Gold Ltd.PRIVATE BAG X5, WESTONARIA, 1780
Standard Bank Group Ltd.PO BOX 7725, JOHANNESBURG, 2000
Steinhoff International Holdings N.V.HERENGRACHT 466, AMSTERDAM,NETHERLANDS, 1017 CA
Sun International Ltd. PO BOX 782121, SANDTON, 2146
Telkom SA SOC Ltd.PRIVATE BAG X881, PRETORIA, 0001
The Foschini Group Ltd.PO BOX 6020, PAROW EAST, 7501
The SPAR Group Ltd.PO BOX 1589, PINETOWN, 3600
Tiger Brands Ltd.PO BOX 78056, SANDTON, 2146
Tongaat Hulett Ltd.PO BOX 3, TONGAAT, 4400
Truworths International Ltd.PO BOX 600, CAPE TOWN, 8000
Vodacom Group Ltd.PRIVATE BAG X9904, SANDTON, 2146
Woolworths Holdings Ltd.PO BOX 680, CAPE TOWN, 8000
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