“Undertaking a thorough materiality review gave us the confidence to include the sustainability topics that matter most in our Annual Report”
Steve Kennelly – CFO
Scales goes on the front foot to meet new NZX Corporate Governance Code
Scales is a diversified Agri-business with Apple Orchard, Logistics, Cool Storage and Pet Food operating entities. As a listed company on the NZX, Scales engaged Proxima to produce their inaugural sustainability report, using best-practice elements of the GRI Standard.
A stakeholder engagement process (based on the AA1000 standard) and thorough review of material topics was the foundation for Scales’ 2016 sustainability report. The report provided a clear link between the materiality analysis and coverage of sustainability topics within it, meeting the new NZX Corporate Governance Code’s requirements for non-financial reporting.
Scales is aware of the maturity curve for better reporting and is learning through the process, while simultaneously identifying where strategic planning is required to address its material sustainability issues. Scales has included the sustainability report as part of its combined Annual Report to shareholders, a copy of which you can download here.