Climate Change Data

Environmental Metrics

ESG Focus Areas

• health and safety of employees and customers
• energy use
• packaging
• supporting the health sector
• provision of necessities for the vulnerable

Social Achievements

• Simbisa Brands donated to Mpilo Hospital after a fire burnt down a doctor’s residence and on a separate occasion donated fridges and other appliances for the hospital functions.
• Simbisa assisted vulnerable groups (orphans and the elderly) through donations of groceries and other items.
• Simbisa donated studio and broadcasting equipment to the Zimbabwe Broadcasting Corporation to improve the efficiency of its operations.

Climate Goals & Targets

Environmental Challenges

• Covid-19 impact on operations (limited trade, lockdowns, depressed socio-economic activity)
• Foreign exchange rate disparities in Zimbabwe (multiple exchange rates, arbitrage opportunities)
• Local currencies depreciation (especially Zambian Kwacha)

Mitigation Strategies

• Growing and improving the efficiency of its delivery and drive-thru offerings
• Extending various value offerings across its operations
• Cost-side responses to maintain profit margins
• Consistently managing its treasury and working capital positions
• Locally procuring capital expenditure, stock and expenses where possible
• Structuring borrowings in local-currency in all operating markets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Third-party Assurance: Ernst & Young Chartered Accountants (Zimbabwe)