Page 8 - KGR 2020-21 Annual Report

EXECUTIVE

SUMMARY

The Karingani management team and Milton Group have

prepared their fourth annual report for the period 1 April 2020
to 31 March 2021, for the founders of Karingani: Vaneteze

Investment Holdings Ltd, Bateleur Lda, The Bedari Foundation

and local Mozambican shareholders.

Termed the Natural Capital, Social Impact and Sustainable Development Progress Report No.4, it forms the basis of
demonstrating progress for the past report period in restoration, sustainability, and built form development at Karingani.

The report continues to adopt two internationally recognised standards of measuring sustainability and monitoring the
restoration progress. The first standard is ‘One Planet’, a set of principles that measure commitment to sustainability,
derived from the United Nations Sustainability and Development Guidelines adopted in 2015, available at
www.One Planet.com. The second standard is SER (2019), the International Standards for the practice of Ecological
Restoration, available at www.SER.org.

Using these two internationally recognised standards as a guide, we developed a series of attributes that we intend
to measure using key performance indicators (KPIs) identified as fit-for-purpose for all components of Karingani’s
restoration and development targets, to monitor, indicate and measure change for the purposes of sustainability and
positive impact.

During this reporting period, Karingani continues to also utilise an adopted folio of management control standards
that include:

• Community Constitution governing the interaction between Karingani and neighbouring communities
• Conservation and Development Management Plan (CDMP)

• A series of living documents that guide and governs field operations and activities

• Homeowner’s Association Constitution which governs and protects the overall property assets
• Utilities Management Masterplan

3 STRICTLY PRIV ATE AND CONFIDENTIAL