Page 99 - KZN Top Business Portfolio 2025 V1-EBOOK
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Their supply chain strategy not only supports local
businesses but also fosters entrepreneurship and
innovation within the KZN community. By sourcing raw
materials and services locally, they contribute to the
sustainability and growth of small and medium-sized
enterprises (SMEs), which are crucial for the economic
health of the region.
Hulamin views the implementation of good corporate
governance practices as integral to success and
recognise that a business should be conducted with
openness, integrity and accountability.
They apply the principles of the King IV code and the
majority of the recommended practices.
The company’s board’s primary objective is to provide
responsible business leadership and strategic direction
to the group with due regard to the interests of all
stakeholders. The board has delegated, through This understanding motivates their commitment to
formal terms of reference, specific matters to a number respond in a number of key areas with specific and time-
of committees whose members and chairman are based action plans.
appointed by the board. There is full disclosure of ABOUT ALUMINIUM: Aluminium is a modern metal
matters handled by the committees to the board. The
committees play an important role in enhancing high which today is very much a metal of the future.
standards of governance and achieving increased Look around and you will see aluminium used in a
effectiveness within the group. The board has an Audit wide range of forms and in an enormous range of
Committee, a Risk and Safety, Health and Environment products: - in buildings, boats, planes, trains, trucks,
Committee, Remuneration and Nomination Committee cars, household appliances, packaging, computers, cell
and a Transformation, Social and Ethics Committee. phones, solar farms, electrical transformers, overhead
power lines, tamper proof packaging for medicines,
Hulamin’s business performance is constantly measured
and regularly reported on ensuring alignment and containers for food and beverages.
effective implementation of approved strategies. The basic characteristics which make aluminium such a
Their corporate responsibilities include ensuring versatile metal is:
management, controls and governance incorporating Low density (Its famous ‘lightweight’ attribute)
IT and risk management are effective.
High strength to weight ratio
Hulamin’s ability to achieve long-term strategic Corrosion resistance
objectives is closely linked to their commitment to Electrical conductivity
sustainable development. The company’s executives Thermal conductivity
believe that they have a responsibility to respond to the Attractive surface finish
ever-increasing challenges in the economic, social and Ease of forming
environmental spheres in which they operate.
On top of this aluminium is also:
Non-toxic
Non-magnetic
Highly reflective
Can be welded, glued, screwed, riveted, clipped
bent, etc.
Infinitely and cost-effectively recycled.
Aluminium inspires technologists, industrial designers,
engineers and architects to solve everyday problems.
While well established in a number of industries for
decades now, new applications and designs keep
aluminium at the forefront of new product design.
Aluminium inspires all at Hulamin to think future,
think aluminium.
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