Imperial, an African focused provider of integrated market access and logistics solutions, has announced that in F2019 and F2020, it created value of R146 billion and R98 billion for its stakeholders and communities in Nigeria and South Africa respectively, as confirmed by a recent Socioeconomic Impact Assessment study undertaken by Accenture.
According to Mohammed Akoojee, Imperial’s Group CEO, “Imperial plays a key role in connecting Africa and the world and improving people’s lives with access to quality products and services. As a purpose-driven organization with Environmental, Social and Governance imperatives embedded in our business strategy all our businesses remain committed to not just creating but sustaining value for all our stakeholders across our 25 countries of operation.” “We take a holistic approach regarding value creation wherein value is created not only for Imperial but also for other stakeholders in the value chain, including the development of our communities and countries of operation.”
In assessing the direct and indirect value created for Imperial’s stakeholders, these reports commissioned by Imperial, for Nigeria and South Africa looked at its impact through five themes, namely Imperial’s Greatest Asset (people), serving as the ‘Gateway to Africa’ (operations), reaching Beyond Imperial (external stakeholders), transforming by adopting a ‘Go Digital Go Green’ approach (adoption of digital technologies and focus on reducing negative impacts on the environment) and Going the Extra Mile (Corporate Social Investment). Each of these themes was assessed through a framework that systematically considered value to society, value to the logistics industry and to market access, as well as value to partners.
In addition, the socioeconomic impact on society was reviewed in light of the United Nations 2030 Agenda for Sustainable Development and the African Aspirations for 2063 defined by the African Union, as various countries, including South Africa, have acted to integrate the goals and targets into their national development plans to align policies and institutions behind them. Imperial’s contribution to the applicable goals and aspirations is highlighted throughout these reports. “The outcome of the reports also supports Imperial’s objectives to continue to operate as a responsible corporate citizen that is committed to delivering sustainable value and extending its impact to all key stakeholders across the organization’s value chain,” adds Akoojee.
Imperial focuses on the following key industries — healthcare, consumer, automotive, chemicals, industrial and commodities. Imperial takes its clients and principals’ products to some of the fastest growing and most challenging markets in the world. It is ranked among the top 30 global logistics providers and listed on the JSE in South Africa. The company seeks out and leverages new technology to deliver innovative, end-to-end solutions. Through its significant African footprint and international expertise, and with the support of its 25 000 people, Imperial’s purpose is connecting Africa and the world — and improving people’s lives with access to quality products and services.
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