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In the Spotlight 2017 Clover's vision and mission Strategy Clover’s Timeline Geographic footprint Group structure Shareholders information Directorate and management
Chairman’s report Chief Executive’s report Chief Financial Officer’s report Six year financial review Financial highlights
How Clover creates value today Overview of Clover’s value creation process Reporting on the six capitals Clover’s business model Human capital Natural capital Manufactured capital Intellectual capital Social and relationship capital Financial capital How Clover sustains value for Tomorrow Clover’s future value creation philosophy Human capital Natural capital Manufactured capital Intellectual capital Social and relationship capital Combined Assurance
Report on governance, risk and compliance Clover’s risk universe King III Index Report on remuneration Clover’s Remuneration Policy Remuneration mix Approach to executive remuneration Approach to non-executive director’s remuneration Legacy scheme SARs issues
Audit and risk committee report Approval of the financial statement Certificate by Company Secretary Independent Auditor’s report Directors’ report Consolidated statement of comprehensive income Consolidated statement of financial position Consolidated statement of changes in equity Consolidated statement of cash flows Notes to the consolidated financial statements Notes 1 - 10 Notes 11 - 20 Notes 21 - 30 Notes 31 - 34 Abbreviations Definitions
  • Clover’s way better story
  • Business review
  • How clover creates value and reporting on the six capitals
  • Governance, risk and compliance, and remuneration reports
  • Annual financial statements
  •   BACK
  • In the Spotlight 2017
  • Clover's vision and mission
  • Strategy
  • Clover’s Timeline
  • Geographic footprint
  • Group structure
  • Shareholders information
  • Directorate and management
  •   BACK
  • Chairman’s report
  • Chief Executive’s report
  • Chief Financial Officer’s report
  • Six year financial review
  • Financial highlights
  •   BACK
  • How Clover creates value today
  • Overview of Clover’s value creation process
  • Reporting on the six capitals
  • Clover’s business model
  • Human capital
  • Natural capital
  • Manufactured capital
  • Intellectual capital
  • Social and relationship capital
  • Financial capital
  • How Clover sustains value for Tomorrow
  • Clover’s future value creation philosophy
  • Human capital
  • Natural capital
  • Manufactured capital
  • Intellectual capital
  • Social and relationship capital
  • Combined Assurance
  •   BACK
  • Report on governance, risk and compliance
  • Clover’s risk universe
  • King III Index
  • Report on remuneration
  • Clover’s Remuneration Policy
  • Remuneration mix
  • Approach to executive remuneration
  • Approach to non-executive director’s remuneration
  • Legacy scheme SARs issues
  •   BACK
  • Combined Assurance
  •   BACK
  • Audit and risk committee report
  • Approval of the financial statement
  • Certificate by Company Secretary
  • Independent Auditor’s report
  • Directors’ report
  • Consolidated statement of comprehensive income
  • Consolidated statement of financial position
  • Consolidated statement of changes in equity
  • Consolidated statement of cash flows
  • Notes to the consolidated financial statements
  • Notes 1 - 10
  • Notes 11 - 20
  • Notes 21 - 30
  • Notes 31 - 34
  • Abbreviations
  • Definitions

How clover creates value and reporting on the six capitals

  • How Clover creates value today
  • Overview of Clover’s value creation process
  • Reporting on the six capitals
  • Clover’s business model
  • Human capital
  • Natural capital
  • Manufactured capital
  • Intellectual capital
  • Social and relationship capital
  • Financial capital
  • How Clover sustains value for Tomorrow
  • Clover’s future value creation philosophy
  • Human capital
  • Natural capital
  • Manufactured capital
  • Intellectual capital
  • Social and relationship capital
  • Combined Assurance

Human Capital

How Clover sustains value for tomorrow: Human Capital

Strategic Focus Areas:

  • Optimise the performance culture in the business
  • Develop and grow all employees
  • Design the employee experience for engagement, productivity and growth
  • Create a competent and diverse workforce 
  • Establish a pleasant, healthy and motivating work climate.

Summary as at 30 June 2017 – All SA Companies

AFFIRMATIVE ACTION MEASURES AND OBJECTIVES Improve representation as follows: Achieved 30 June 2016 % Achieved 30 June 2017 % 2017/2018 Objectives %
Black people on F Band 14,29 16,67 16,67
Black people on E Band 12,5 0,00 16,67
Black women on E Band 6,25 0,00 5,56
Black people on C5 – D5 Band 25,78 28,40 28,09
Black women on C5 – D5 Band 7,88 9,15 8,96
Black people on C1 – C4 Band 60,98 64,91 63,23
Black women on C1 – C4 Band 16,07 20,17 16,72
Black people on B Band 95,45 94,56 93,78
Black women on B Band 23,73 24,10 22,39
Black people on A Band 98,66 98,55 99,06
Black women on A Band 9,98 9,90 9,35
Disabled people 0,57 0,59 0,57
*The reason for some of the objectives being slightly lower than those achieved are due to more employment opportunities that became available than what was anticipated at the time of the preparation of the company’s employment equity plan (e.g. The recent growth in Masakhane)

 

Strategic Objectives Planned actions
Legislative compliance  Modify systems/procedures to ensure compliance with POPI legislation 
Attraction and retention  Implement specific initiatives to retain top talent. Introduce more focused attention on salary benchmarking 
Change of labour landscape  Implement strategy for managing multi-union scenario. Implement plan to enhance union relationships and mitigate business risk 
Productivity improvement  Provide analytics to improve business decisions. Address the issue of absenteeism management 
Alignment of employees  Strengthen reporting capability to improve performance management process. Improve overall communication with personnel at all levels 
Learning and development  Implement learning management system. Formalise approach to trainees, interns and bursary allocations. Develop specific leadership, management and technical skills 
Workforce planning  Implement onboarding, recruitment, talent and succession planning system.  Identify suitable assessment tools for selection purposes. Assist Distribution with right-sizing. Assist the business to bed down all HR aspects of Masekhane 
Employment equity  Implement Employment Equity plan and reach numerical targets
Innovation and technology  Investigate options to communicate with employees who don’t have email access 
Mergers and acquisitions  Assist business with smooth transition of personnel as and when required

 

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downloads
Integrated Report
Annual Financial Statements
PRODUCT GALLERY
AGM

Date: Monday, 28 November 2017 at 10am
Venue: Clover Headquarters
 Notice to AGM
  Proxy

CONTACT

Head Office
200 Constantia Drive, Constantia Kloof,
1709, Johannesburg
Tel: +27 (0)11 471 1400

downloads
Integrated Report
Annual Financial Statements
PRODUCT GALLERY
AGM

Date: Monday, 28 November 2017 at 10am
Venue: Clover Headquarters
 Notice to AGM
  Proxy

CONTACT

Head Office
200 Constantia Drive, Constantia Kloof,
1709, Johannesburg
Tel: +27 (0)11 471 1400

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Disclaimer
 
Copyright Clover Limited 2017
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Disclaimer   Copyright Clover Limited 2017