2020 Annual Report

Owing to the Covid-19 pandemic, 2020 was a year like no other. Instead of “business as usual”, we as the NWU had to adapt to the new circumstances and explore, expand and evolve to save the academic year in the short term, but also stay steadfast on our path towards realising our strategy in the long term.

In this integrated report we tell you, our stakeholders, how we achieved that balance by mobilising and effecting our resources, skills and relationships, known as our “capitals”. There are six capitals: intellectual, human, social and relationship, manufactured, natural and financial. (Read more about our capitals on page 3.)
Although we aim to create value in all instances, our capitals can also undergo either a net decrease or experience no net change. In such cases, value is eroded or preserved.
Keeping this in mind, we are committed to interact responsibly with our capitals, as our resources and relationships are, after all, vital to our ability to create sustainable value.