Dangote Cement Plc Annual Report 2021 slide image

Dangote Cement Plc Annual Report 2021

The 7 Sustainability Pillars О Strategic report Financial Pillar Achieve sustainable financial health through a business model that delivers strong returns to shareholders, whilst creating value in the economies where we operate, by producing and selling high- quality products at affordable prices, supported by excellent customer service. SDGs x 7 Institutional Pillar Build a world-class institution centred around corporate governance best practices and sustainability principles that promote legal and regulatory compliance, transparency, effective internal controls, risk management and business continuity. SDGs x 7 Economic Pillar Promote inclusive, sustainable economic growth, self- reliance, self-sufficiency and industrialisation across Africa; establishing efficient production facilities and developing resilient local economies in strategic locations and key markets where we play. SDGs x 7 Cultural Pillar Embody our core values in the way we do business, including fostering respect for cultural diversity both in our internal and external relations. To achieve this, we actively encourage teamwork, empowerment, inclusion, equal opportunities, mutual respect, integrity and meritocracy in our organisation. SDGs x 7 8 11 8 16 17 1 2 80 11 16 4 5 10 11 160 17 Aligned to the UN Goals ரிச்சர் 2 000 HEALTH 4 EDUCATION SSS W AFFORDABLE AND 8CENT WORK AND ECONOMIC GROWTH M SUSTAINABLE THES 17 RESORBLE AND PRODUCTION ABE 15 CHÍNH PEACE JUSTICE 16 AND STRENG INSTITUTIONS Operational Pillar Serve and satisfy our markets by working together with partners to deliver the best products and services to our valued customers and stakeholders through continuous product improvement, new business development, employing state- of-the-art technologies and systems to constantly optimise our product value and cost- efficiencies. SDGs x 7 Environmental Pillar Create sustainable environmental management practices, through a proactive approach to addressing the challenges and opportunities of climate change, while optimising our performance in resource and energy efficiency, water management and emissions. Social Pillar Create a learning environment and platform for our employees to grow and achieve their fullest potential, whilst adhering to the highest standards of health and safety. In our host communities, we strive to develop resilient and sustainable prosperity through direct and indirect employment, skills transfer, local entrepreneurial development, social investments and corporate social responsibility best practices. SDGs x 7 SDGs x 7 8 9 12 13 6 7 9 12 13 1 3 4 5 10 15 5 GENDER MUSTRY WI 10 RELAXED 13 ACTION 14 WATER PARTNERSHIPS 17 FOR THE GOALS Reporting practice This report is written in accordance with the requirements of the 2021 GRI Sustainability Reporting Standards disclosures and principles. The Environmental, Social and Governance indicators presented in the report are based on the GRI Sustainability Reporting Standards and the principles of Nigerian Exchange Group's Sustainability Disclosure Guidelines. It covers our performance for the period of 1st January 2021 to 31st December 2021. Due diligence was exercised on the data presented during collation and analysis. The report scope and boundary covers all operations of DCP in Nigeria and Pan-Africa including Cameroon, Congo, Ethiopia, Ghana, Senegal, Sierra Leone, South Africa, Tanzania and Zambia. Our approach to Sustainability Reporting is to focus on material issues and activities in line with stakeholder concerns and relevance to our business and society in terms of context, completeness and balance. We strive for optimal accuracy, timeliness, clarity and reliability in the way we communicate. The sustainability section of the report has been divided into three sections, the Environment, Social and Governance (ESG) sections for easy accessibility to our stakeholders and investors. Though sectionalised, the report underlines the progress of our performance in all of our sustainability strategic pillars which include, Social, Economic, Environment, Operational, Cultural, Financial and Institutional. As in previous years, we have combined our Annual Report and Sustainability Report in furtherance of our integrated reporting approach. Based on reporting requirements, we conducted materiality assessment surveys and stakeholder engagement exercises to understand key issues of critical concern to our stakeholders. The issues identified as well as our economic, environmental and social impact determined the material topics in this report. Other local and global sustainability standards referenced in this report include Global Cement and Concrete Association (GCCA) Sustainability Principles and Guidelines, United Nations Global Compact (UNGC) Principles, Sustainable Development Goals (SDGs), Securities & Exchange Commission (SEC) Code of Corporate Governance and the Nigerian Exchange Group (NGX) Sustainability Disclosure Guidelines. This further lends credence to the report and showcases our efforts at adhering to best practices. External assurance was carried out by Deloitte on some indicators using the ISAE 3000 Standards to further add a layer of validation and credibility to the report. The report has been presented for the Content Index - essentials service with GRI service mark obtained. Dangote Cement Plc Annual Report 2021 35
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