MATERIAL RISKS
AND OPPORTUNITIES
RISK TREND
ENVIRONMENTAL AND HEALTH
AND SAFETY RISK
Risk Events
� Covid-19 outbreak leading to record market crashes – black
swan event.
Description
Covid-19 is a new strain of the Coronavirus that was discovered in
2019 and has not been previously identified in humans, which dominated
the headlines at the beginning of 2020. South Africa implemented
various response plans, which resulted in a national lockdown
including travel bans, limitations on gatherings and calling for
social distancing. The environmental and health effects will continue
to be absorbed during the next financial year.
The group is also subject to compliance requirements regarding
employee health and safety, environmental and quality assurance.
Mitigation and Control
The Senwes Group implemented its own response plan relating to
Covid-19 which is managed by a nominated committee, which includes
the executive directors.
Focusing on operations, the safety of grain as a core product and
its handling are continuously being assessed by Senwes through
a hazard critical control point (HACCP) and quality management
systems. Senwes also incorporates a fully functional SHEQ division
to enable the policy environment, effective structures, education
and training, empowering employees to make judgement calls and
enforcing rules and regulations.
Opportunities
� Develop and optimise the group’s environmental, health
and safety compliance and assurance processes and systems,
also through the utilisation of the latest techno logy
in this regard.
� Strengthen the group’s environmental and health and
safety compliance culture through continuously upskilling
and training personnel as well as optimising and adapting
development programmes in this regard.
Strategic focus areas triggered
� Reorganisation of business models.
For more info on the group strategy see p. 44
84 ROOTED IN AGRICULTURE