We acknowledge transformation as a fundamental part of our business and our broader role in society to develop and strengthen South Africa’s democracy. We fulfil our commitment to transformation through our triple bottom line Sustainability Framework.
As a State-owned company, Airports Company South Africa has a greater mandate than simply delivering profitability for its shareholders. We are mandated to advance South Africa’s national agenda of economic growth and development while delivering a sustainably profitable business. We strive to fulfil this mandate by conducting our business in an ethical manner that enables inclusive growth and creates sustainable value for all our stakeholders.
We optimise our value creation model through the effective implementation of our strategy to achieve our strategic objectives and Vision 2025.
Our main interventions involve the introduction of measures to improve our engagement with key stakeholders and the adoption of technology to ensure that our airports remain safe, secure, efficient and globally competitive.
We consider matters to be material if they have the potential to substantially affect our ability to implement our strategy as a State-owned company and fulfil our commitment to creating and sustaining value for our stakeholders over the short, medium and long-term.
Airports that are well designed, efficiently operated and strategically developed are important catalysts of economic growth. They facilitate tourism and business interaction between cities and become valuable hubs of development that stimulate regional growth by creating jobs and improving socio‑economic conditions for many people.
Our strategic response to challenges and opportunities in our operating environment enabled Airports Company South Africa to maintain sound financial performance and satisfactory airport service levels.