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PDF 25 MB - Sun International | Investor Centre

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Our property ratings<br />

Rm 2010 2009 2008<br />

GrandWest Platinum Gold Gold<br />

Boardwalk Gold Silver Silver<br />

Carnival City Platinum Gold Silver<br />

Sibaya Gold Gold Silver<br />

<strong>Sun</strong> City Gold Gold Silver<br />

Wild Coast <strong>Sun</strong> Platinum Platinum Gold<br />

Carousel Gold Gold Gold<br />

Morula Gold Gold Silver<br />

Meropa Gold Gold Silver<br />

Windmill Gold Gold Gold<br />

The Table Bay Gold Gold Gold<br />

Flamingo Gold Gold Gold<br />

Botswana Gold Gold Silver<br />

Golden Valley Silver Silver Silver<br />

Zambia Platinum Gold Silver<br />

Swaziland Silver Silver Silver<br />

Kalahari Sands Gold Silver Silver<br />

Lesotho <strong>Sun</strong> Gold Gold Gold<br />

Maseru <strong>Sun</strong> Gold Gold Silver<br />

Fish River <strong>Sun</strong> Gold Gold Gold<br />

There has been all round improvement in the environmental performance<br />

of the group over the past year and efforts to manage the environmental<br />

impacts posed by our operations in southern Africa have delivered some<br />

positive results. On-going efforts to establish the group as Africa’s leading<br />

environmentally responsible destination remain a priority and a number of<br />

refinements to the existing environmental standards of the company are<br />

underway in order to achieve this objective.<br />

Efforts to raise the environmental performance of our operations in<br />

southern Africa were significantly enhanced through the decision to<br />

undertake refurbishment of the Wild Coast <strong>Sun</strong> from the second quarter<br />

of the year; completion of the first phase of refurbishment at Lesotho <strong>Sun</strong><br />

and the outstanding works at the <strong>Sun</strong> City Resort during 2010. Once<br />

again, the group’s sustainable refurbishment strategy was integrated into<br />

refurbishment projects and we are confident that the changes and<br />

improvements that have been made will result in marked reductions of<br />

energy, water and waste in the coming years.<br />

ENERGY MANAGEMENT<br />

The past year has seen the consolidation of a number of energy initiatives<br />

across the group and improved reporting systems across all resource<br />

sectors, both of which provide a good base on which to introduce our<br />

strategy to report on carbon emissions from 2011. Participation in the<br />

Carbon Disclosure Project in 2011 will shortly be approved, making the<br />

JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued<br />

group the only hospitality and tourism company in Africa to participate in<br />

this prestigious programme.<br />

Reliance on coal and fossil fuels for energy and heating has been reduced<br />

over the past year with the full implementation of solar heating systems in<br />

Gaborone and the discontinuation of the fuel oil boilers at Lesotho <strong>Sun</strong>.<br />

Fuel consumption across operations, mainly for generators and standby<br />

power systems, dropped by over 21% in this reporting period due to more<br />

reliable electricity supply and reduced need for supplementary supply.<br />

Overall electricity consumption has been reduced by 12.4% on the previous<br />

year as a result of concerted energy management strategies across the<br />

group. This has included the introduction of technology and management<br />

systems in a number of properties over the year and greater use of energy<br />

efficient lighting systems and operating equipment. Greater awareness of<br />

energy use and greater financial controls contributed in part to the savings<br />

achieved, although overall costs associated with electricity and energy over<br />

the year rose on the back of increased tariffs from Eskom.<br />

Reporting standards have generally improved across the group and this<br />

year better than expected data on resource use was being produced.<br />

LP gas use declined across the group by 33.8% over the year when<br />

compared against the previous period and this was attributed to improved<br />

management of the resource and reduced reliance on gas as an energy<br />

source in a number of properties. The introduction of heat transfer<br />

technologies in the kitchens of <strong>Sun</strong> City and other properties and the<br />

discontinuation of bulk gas storage systems at the Fish River <strong>Sun</strong> and<br />

other properties contributed to improved reporting and management of<br />

gas in general.<br />

The group remains committed to evaluating and where practical,<br />

implementing renewable energy systems at resorts across the region.<br />

Solar heating tests at <strong>Sun</strong> City are still being undertaken and it is hoped<br />

that during the next financial year a start will be made on retrofitting<br />

some of the Vacation Club units with solar heaters. Heat pumps and other<br />

energy saving systems are being considered at properties with the<br />

greatest need and the installation of these systems at The Table Bay Hotel<br />

has already shown positive results.<br />

WATER CONSERVATION<br />

9. ENVIRONMENTAL MANAGEMENT<br />

Water consumption for the past year has reflected a lower than expected<br />

9.5% reduction in spite of improved water management systems and<br />

awareness across our operations. Although this saving represents an<br />

improvement on the previous year and is within the projected targets<br />

(10.5%) for the year, efforts will be stepped-up in the coming period to<br />

ensure the most efficient and responsible use of water across the group.<br />

Some notable savings were achieved through the implementation of<br />

improved irrigation systems at <strong>Sun</strong> City (17%); rainwater and grey water<br />

systems at Windmill Casino (23%) and more efficient water heating<br />

systems at Gaborone <strong>Sun</strong> (27%).<br />

89<br />

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