About this report

The Grindrod Limited (Grindrod) integrated annual report aims to provide stakeholders with a balanced assessment of Grindrod's ability to create and sustain value.

Reporting scope and boundary

The report, together with the audited Annual Financial Statements and other supplementary information available on the Grindrod website, provides a complete and fair review of Grindrod's economic, social and environmental performance, inclusive of the information on subsidiaries, joint ventures and associates, within the context of its strategy, risks and opportunities for the financial year ended 31 December 2021. Disclosure is guided by the material factors that our directors believe will substantially impact on Grindrod's ability to create and preserve value for stakeholders.

Full details

Who we are and our core services

1NOTE:
In line with regulatory requirements, Grindrod Bank Ltd issues a separate integrated report, available at Grindrod Bank - Library. In the interest of conciseness, this Grindrod integrated annual report may provide limited coverage of Grindrod Bank Ltd.

Material Matters IN OUR EXTERNAL ENVIRONMENT

HOW WE CREATE VALUE

KEY HIGHLIGHTS

SOCIAL

LTIFR (Port and Terminals and Logistics)
19.0%
0.47
(2020: 0.58)
Fatalities
100.0%
0
(2020: 1)
Social responsibility spend
315.8%
R7.9 million
(2020: R1.9 million)
Training provided
16.2%
1 258
(2020: 1 083)
B-BBEE
Level 2
(Grindrod Limited)
(2020: Level 2)

Environmental

GHG
emissions
(CO2e3)
18.2%
127 737 tons
(2020: 156 200 tons)
Electricity
intensity
27.2%
4 694 kWh/FTE
(2020: 3 690 kWh/FTE)
Water
intensity
26.5%
49.6 kl per
Rand revenue
(2020: 39.2 kl per Rand revenue)
GHG emissions
intensity
(grams CO2 per Rand value)
19.0%
34
(2020: 42)

Economic

Revenue
10.2%
R18 037 million
(2020: R16 370 million)
Trading
profit
71.5%
R1 664 million
(2020: R970 million)
HEPS
468.0%
92 cents
headline earnings
(2020: 25 cents headline loss)
Cash generated from operations
19.3%
R1 039 million
(2020: R871 million)
Net asset value per share
9.4%
1 176 cents
(2020: 1 075 cents)