The annual report for the year ended 31 March 2011 is an integrated report, presenting not only the financial but also the economic, environmental, social, sustainability and technical aspects of Eskom’s business and performance. Eskom aspires to be the leader in such integrated reporting.

Eskom and its subsidiaries¹ are aligned with international sustainability best reporting practices, including the Global Reporting Initiative (GRI) Sustainability Reporting Guideline, and the 2008 AA1000 Accountability Principles Standard. Eskom is also a member of the working group of the Integrated Reporting Committee of South Africa. The committee’s recently published discussion document, Framework for Integrated Reporting and the Integrated Report, has guided this report.

Additional information on the internet

The report is also available on the Eskom website, at (www.eskom.co.za/annreport11). The online version provides additional sustainability information. In the print version, symbols indicate where additional information is available in the internet version.

Structure and content of this report

The 2011 integrated annual report opens with the profile section, leadership overview, regulatory and corporate governance sections.

The rest of the report has been structured around the different areas of the business that were in operation for the year ended 31 March 2011. Each of these areas has reported on its business performance in relation to the relevant identified material issues (See: Material issues), the highlights, challenges and future priorities for that area, and the key benchmarking exercises each is undertaking to drive performance.

Eskom’s material issues have been categorised into three areas:

• Stakeholders’ views and concerns
• Eskom’s strategic objectives and key performance areas
• Legal and/or shareholder requirements.

The category which an issue belongs to is indicated with the following icons.

Material issues – categories

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1.	Eskom Holdings Limited has the following directly owned operating subsidiaries: Eskom Enterprises (Pty) Limited, Escap Limited, Eskom Finance Company (Pty) Limited and Eskom Development Foundation (section 21 company).

 

Achievements

President Jacob Zuma officially opens the Camden power station: the first in the world to be brought back on line after a long period of inactivity, October 2010

Eskom signs its first Emission Credits Purchase Agreement with European-based bank, BNP Paribas, September 2010

There has been no load shedding since April 2008

Eskom has put a funding plan in place for the next seven years

The Development Bank of Southern Africa approves a R15 billion loan facility that will support Eskom’s capacity expansion programme, November 2010

Contribution to the success of the 2010 FIFA World Cup™.

Initiated the 49M campaign to educate South Africa about energy savings

Construction of the Medupi and Ingula projects is progressing well

Launched operation Khanyisa to combat electricity theft

Consolidated procurement and supply chain functions into Group Commercial