MASHINIi

GRIT REAL ESTATE INCOME GROUP LIMITED.

GR1T.LSE | Real estate activities with own or leased property

Grit Real Estate Income Group Limited is a leading pan-African real estate company focused on investing in and actively managing a diversified portfolio of high-quality, income-generating real estate assets located in select African countries. The company's portfolio typically includes properties le...Show More

Ethical Profile

Mixed.

Not enough information to create an ethical profile.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect30
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

30

The company reported zero fatalities and serious injuries across all sites in FY2024.

1
, with no work-related injuries reported in FY2022, and no health and safety compliance incidents noted in FY2024.
2
Employee satisfaction was high, with 81% of employees satisfied with the work environment in FY2024
3
, and an overall engagement score of 74% in FY2022.
4
The voluntary employee turnover rate was 17% in FY2024, a decrease from 19% in FY2023.
5
Furthermore, no discriminatory cases were reported in FY2022.
6
The company also maintains an ISO 45001 certification for occupational health and safety.
7

Fair Trade & Ethical Sourcing

0

No specific, quantifiable evidence was found for GR1T.LSE regarding the defined KPIs for Fair Trade & Ethical Sourcing. Information provided in the articles either pertained to other entities (e.g., iENG, BluePeak, Standard Bank), described policies or processes without quantitative outcomes, or referred to specific, limited aspects of procurement (e.g., 25% of vegetable supplies for one resort

1
) that could not be extrapolated to the company's overall supply chain or procurement budget. Statements about zero fatalities and serious injuries relate to worker safety, not forced or child labor in the supply chain.
2

Honest & Fair Business

-10

The company demonstrates a mixed performance in Honest & Fair Business. Its audit coverage for total assets is 95%, with external audit performed by PricewaterhouseCoopers LLP and internal audit outsourced to KPMG Advisory Services Limited.

1
Independent verification of ethical claims is extensive, including external evaluation of the Board by One Advisory, an independent whistleblowing service by Deloitte Tip-offs Anonymous, and ISO 45001 and IFC Edge certifications for properties.
2
The company has a comprehensive Whistleblowing Policy, implemented since 2018
3
and last reviewed in July 2023,
4
which allows for anonymous reporting and has an independent point of contact,
5
though no matters were reported for FY2024.
6
However, as of June 30, 2024, 55.6% of the Board members are independent Non-Executive Directors.
7
The company also has a Corporate Fraud, Anti-Bribery & Corruption Policy, a Code of Ethics and Business Conduct, and a Gifts and Hospitality Policy,
8
with annual conflict of interest disclosures required from employees,
9
but specific details on training effectiveness or guidance for high-risk areas are not provided.

Kind to Animals

0

GRIT Real Estate Income Group Limited is a pan-African real estate company focused on real estate assets. The provided articles do not contain specific, concrete data points relevant to the defined KPIs for 'Kind to Animals' in the context of the company's direct operations, products, or services. The KPIs, such as cruelty-free certification, animal testing, animal-derived inputs, and animal agriculture ethics, are not applicable to a real estate business model. While the Grit Foundation, supported by the company, engages in philanthropic animal welfare activities (e.g., supporting All Life Matters Animal Sanctuary which sterilizes dogs and cats, and provides homes for rescued animals)

1
, these are not direct operational metrics of GR1T.LSE that align with the quantitative thresholds of the specified KPIs.

No War, No Weapons

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on No War, No Weapons.

Planet-Friendly Business

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on Planet-Friendly Business.

Respect for Cultures & Communities

20

The company reports 81% local employees, exceeding the 'over 70%' threshold for local workforce recruitment.

1
No cultural appropriation incidents have been reported.
2
The company states that Free, Prior, and Informed Consent (FPIC) processes are not applicable to its operations due to no mention of indigenous communities.
3
One formal partnership has been established with Buildher Kenya.
4
which, when mapped to the rubric, falls closest to the tier for no partnerships as not applicable.

Safe & Smart Tech

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No evidence available to assess GRIT REAL ESTATE INCOME GROUP LIMITED on Zero Waste & Sustainable Products.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.