PDF 25 MB - Sun International | Investor Centre
PDF 25 MB - Sun International | Investor Centre
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 />
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