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ENVIRONMENTAL CONTINUED
   
Core objectives for the 2007 financial year:
• Focus on reducing the use of paper, encouraging electronic communication;
• Increasing the percentage of paper recycled;
• Implementing an accurate monitoring system to measure use of water and energy resources.
 
References in this report to targets, measurements, consumption and utilisation of resources and materials refer to the Johannesburg offices of Brait.
 
Direct environmental impacts
The facilities division of Brait manages Brait's internal direct environmental impacts (energy saving, recycling, etc), and also some of Brait's indirect environmental impacts (via procurement). The responsibility for the environmental management of the Johannesburg offices rests with the facilities manager. The division is mandated to eliminate, minimise or control at source any impact the company's activities might have on the environment by applying appropriate proactive and remedial measures to foster environmentally sustainable solutions.

The following internal areas of direct impact use, are managed, monitored and measured:
• Energy
• Water
• Materials
• Implementing an accurate monitoring system to measure use of water and energy resources.
 
Energy and water usage
Brait used 2004 as the year for collecting accurate baseline information to be used as a starting point from which to set preliminary targets for reducing consumption over the coming years. These targets will be reviewed and, if required, revised annually as the quality of management information continues to improve.

Targets were set, during 2005, to reduce electricity and water consumption by 15% over a three-year period. Notwithstanding the difficulties in obtaining accurate consumption readings since becoming a tenant at the end of 2005, comparison of the annual water consumption figures (2004: 2005), adjusted to accommodate the missing readings for November and December 2005, reflect a reduction in excess of the target, whilst the adjusted electricity consumption figures (2004: 2005) reflect a 2% increase. The expected lowering of energy consumption, as a result of the reduction and redesign of office space to facilitate more effective utilisation of electricity (completed in November 2005), and the resultant electricity saving, is only expected to reflect during 2006.

The board has reviewed the company's use of natural resources, and has decided not to include these results (annual comparable data on utilisation of resources) in this report. This information, however, is available to any interested stakeholder on request.
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Materials
Brait utilised 350 boxes/1 750 reams of paper during the period under review, and continues to encourage electronic communication with its stakeholders. Waste paper is separated for recycling, shredded on-site and collected by companies involved in the recycling of paper.

The majority of laser toner cartridges supplied to Brait are recycled cartridges which, once empty, are returned to the supplier for further recycling until the cartridges are no longer viable.

Redundant office furniture, equipment, carpets and computers are either sold second-hand to staff via an internal "bid/offer' auction or donated to institutions as approved by the board.
 
Emissions, discharges and waste
As a financial institution, the group is a service provider and the measuring and monitoring of emissions to the air is not material or significant to the business of Brait. Every effort is made to reduce vehicle emissions, by regularly maintaining and servicing the company fleet of three cars, as prescribed by the manufacturers of the respective vehicles. The group does not operate any trucks or heavy-duty vehicles in its fleet.

There is a full-time onsite service operator servicing the airconditioning units in the building. The current air-conditioning system emits ozone depletion gasses (R22 and 134A), however, disposal to the atmosphere is minimised by the recovery, reclamation and recycling of the refrigerant gas as per SABS standards, during regular maintenance procedures conducted by the supplier. In addition, airconditioners are programmed for energy saving to only operate during normal business hours.

The group produces an insignificant amount of water discharges as it is a provider of financial products and services, and not a producer or manufacturer of resources or goods. Water is primarily used for consumption and ablution facilities.

The collection and disposal of waste is contracted to a third party for safe disposal. A daily waste disposal service removes waste from the building, in accordance with the safety regulations of (ISO 14000). The ISO 14000 standards are a series of international voluntary standards on environmental management. The group does not transport, store or trade in hazardous waste, nor recycle or reclaim waste materials, nor own any waste disposal sites.

There were no uncontrolled releases, discharges or spills of any kind, during the period under review.
 
Biodiversity
Brait has no significant impact on biodiversity through land occupation, as the group currently occupies (under various lease agreements) existing offices worldwide.
 
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bullet Sustainability report
bullet Group value added statement
bullet Share analysis
bullet Social responsibility
bullet Employee report
bullet Environmental
  Achievement against objectives
  Core objectives for the 2007 financial year
  Direct environmental impacts
  Indirect environmental impacts
  Compliance
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