Our Vision, Mission &
Core Vlaues
It is our fantastic framework for creating sustainable value.
Our vision as a business is to become a highly efficient, sustainable, profitable and innovative manufacturing company, which innovates, and retails in canvas and industrial protective clothing products in a way that we contribute to a better economy.
Values are the guiding principles we will use across our business segments to underpin our decision making, guide our conduct and define our future
The values which guided the founder of the Business still applies to date. Every employee is an ambassador for these values and pledges to uphold them.
Our Strong company’s values are the yardstick on how we think and act. They guide us in our daily interactions and they also define the values we use when dealing with customers, business partners, neighbors and the environment. This makes us a reliable and preferred company.
We take pride in the distinctive culture that unites our businesses and defines who we are. Open, collaborative, innovative and entrepreneurial – our culture drives our success and powers that deliver of our vision. These qualities are not just part of what we do; they are the foundation of everything we achieve and are built into our behaviors, which guide us on how we work together as a business as outlined below.
1) We are aligned autonomy Free to move with speed, aligned to act with purpose.
2) We are always curious, learn fast, experiment and evolve.
3) We Build trust We’re on the same and one team.
4) We Craft Smart, Innovate and create sustainable success for us and our clients.
5) We have Collective potential to Collaborate and achieve more.
6) We will Bring our best to selves
7) We challenge what’s possible.
We’re working to make a positive impact by changing our business structure and the industry itself. The choices we make defines our shared future because there’s no limit on the market for making our brands and products that make life better and more sustainable.
We take our role as manufacturer & retailer seriously by managing our business responsibly and focusing on serving our customers and improving the communities where we live and work. Sustainability objectives are integrated into our business operations, particularly by focusing on our three pillars of our sustainability strategy:
a) Our people and communities,
b) Product sustainability, and
c) Operational excellence, which includes reducing the environmental footprint of our operations, which we believe will help drive long-term Business value
The Bonarforbo Group’s business activities are organized into nine Operational Segments. In the markets, each of these Segments develops and enhances its brand portfolio with consumers.
By establishing the Bonarforbo Group-wide Retail governance subsidiary, the Group has given itself the resources to grow this influential segments using a digital shopper strategy: a bespoke approach designed, at the retail destinations favored by each locality, to personalize the experience on the basis of the culture and retail traditions.
Focused on consumers, Bonarforbo group will act responsibly throughout the value chain, driven by excellence and technology that enhances its innovation, production and logistics management capabilities. New solutions are being developed to respond specifically to the new challenges of personalization expected by consumers, and of flexibility and traceability.
Internal control and risk management system
Bona East & Central Africa Ltd operates in a constantly changing environment. Like any company, Bona is necessarily exposed to risks which, if they were to materialize, could have a negative impact on our business activities, its financial position and its assets, particularly in terms of reputation and image.
In order to ensure the sustainability of its development and the achievement of its objectives, the Bonarforbo Group strives to anticipate and manage the risks to which it is exposed in its
different areas of activity.
Bona’s risk management consists of identifying, assessing and controlling risks that may affect the smooth running of the Company. It also participates in the Bonarforbo’s development by
promoting the good use of resources to minimize the impact of negative events and maximize the realization of opportunities.
By contributing to preventing and managing the risks to which the company is exposed, the purpose of the Internal Control system is to enable the company’s manufacturing and economic
development to take place in a steady and sustainable manner in a control environment appropriate for the company’s businesses.
Internal Control is a system that applies to the Company and its consolidated retail stores and aims at ensuring that:
a) Economic and financial targets are achieved in compliance with the laws and regulations in force and the Group’s Ethical Principles and standards;
b) The orientations set by General Management are followed;
c) The Group’s assets and reputation are valued and protected; and the Group’s financial and accounting information is reliable and provides true and fair statements.
The control environment, which is critical to the Internal Control system, good risk management and the application of procedures, is based on behavior, the organizational structure and employees. At Bona, it forms part of a culture of rigour and commitment communicated by senior management and in line with the Group’s strategic choices.
Risk management and Internal Control is everyone’s business, from the governance bodies to all employees.
The Internal Control system is the subject of ongoing supervision in order to verify whether it is relevant and meets the Bona’s objectives and addresses its issues.