The Investment Analysts Society (IAS) voted Eskom as the leader in corporate reporting in the mining and resources sector for the 2013 financial year. This is the third time in a row that Eskom has won the IAS award − a bronze statuette of a squirrel.
The squirrel award was presented to Eskom chairman Zola Tsotsi at a ceremony held at the Johannesburg Stock Exchange in Sandton on the 12th of June. Tsotsi says, “Eskom endeavours to be a transparent organisation. Our customer base has grown from 872,000 in 1994, to just over 5.2 million in March 2014. Our stakeholder base is extensive and far-reaching, and the responsibility of the company to operate and develop on a sustainable basis in order to enrich the lives all South Africans is not taken lightly.”
Eskom’s finance director Tsholofelo Molefe says, “Integrated reporting has been beneficial in improving our dialogue with stakeholders and has been a key enabler to honour Eskom’s commitment to transparency.”
Eskom is a member of the International Integrated Reporting Council’s (IIRC’s) pilot programme. Its involvement in the IIRC’s pilot programme is key for Eskom to remain abreast of international reporting trends.
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