About this report

Corporate information

The current Executive Director is Markus Hannemann. He has been CEO of the Scaw group since 2013. He can be contacted at the registered office of the company (see here).

The company's contact details are disclosed here.

Responsibility statement

The Audit and Risk, and the Social, Ethics and Transformation committees acknowledge responsibility on behalf of the Board to ensure the integrity of the Scaw integrated annual report 2016. The committees have accordingly considered the report and believe that it appropriately and sufficiently addresses all material issues, and fairly presents the integrated performance of Scawfor the year within the scope and boundary here

Approved by

Ufikile Khumalo

Markus Hannemann

Nkosemntu Nika
Audit and Risk Committee Chairman

Neo Mokhesi
Social, Ethics and Transformation Committee Chairman

This is Scaw's third integrated annual report and reflects our aspiration to the highest reporting standards. The report outlines our track record to date and maps our forward-looking strategy.

Our integrated reporting is an entirely voluntary exercise given that Scaw is not listed on any stock exchange and therefore is not subject to listing rules and regulations regarding integrated reporting. Scaw is regulated by the Companies Act.

Our aim in this report is to provide you, the reader, with a comprehensive review of how Scaw creates sustainable value by providing insight into the group’s strategy, relevant changes in the macro-environment and consequent risks and opportunities for Scaw. This report presents the abridged annual financial results and the economic, environmental, social and governance performance of the group for the year 1 April 2015 to 31 March 2016, and follows our prior integrated annual report published in July 2015.

The scope of this report includes Scaw South Africa (Pty) Limited and its subsidiaries. A new high-volume moulding line was commissioned during the year in Cast Products. Following a restructuring process in FY15, there has been a significant change in the size of the company in terms of the number of employees. The business structure was adapted in line with a changing market environment. Scaw’s ownership and product range were not changed significantly. There are no specific limitations on the scope or boundary of this report.

Scaw has further considered and applied many of the recommendations contained in the International Integrated Reporting Framework, December 2013. The sustainability information has been compiled with reference to the Global Reporting Initiative (GRI) G4 guidelines based on a self-declared core compliance. The GRI index is available here.


The business’s external auditors, SizweNtsalubaGobodo (SNG), have independently audited the annual financial statements for the year ended 31 March 2016. Scaw intends to supplement sustainability assurance on an ongoing ad hoc basis.

The combined assurance model of the group in its current format is set out below:

Business process Nature of assurance Status Assurance provider
Annual financial statements Financial statements Assured SizweNtsalubaGobodo
B-BBEE BEE scorecard Assured – National Empowerment Rating Agency (NERA)
– SANAS accreditation (BVA020)
– IRBA accreditation (770825B)
Sustainability information ISO 9000 series certified Assured SABS
OHSAS 18001 certified Assured DQS and SABS
ISO 14001 Environmental Management System certified Assured DQS and SABS
Verified products for a select product range Assured Ecospecifier Global