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3. DEFINITIONS
3.1 “CSR” means Corporate Social Responsibility and refers to an organisation’s total responsibility towards
the business environment in which it operates. CSR describes the broader solution to triple-bottom-line
matters of profit, people and planet.
3.2 “CSI” means Corporate Social Investment. CSI is one of the subcomponents of CSR and relates to the
upliftment of communities in such a way that the quality of life in these communities is generally
improved.
3.3 CSI projects are generally, but not exclusively, external to the normal business activities of the Group
and are not solely for purposes of increasing company profit.
3.4 CSI projects should have an underlying development approach, using, as required, company resources
to benefit and uplift communities, and should not be managed as marketing initiatives.
3.5 CSI is based on philanthropy, but it is recommended that any CSI initiative should enhance and add
value to the reputation of the business and the Group.
4. RESPONSIBILITIES
4.1 The Pepkor Social & Ethics Committee is responsible for monitoring Pepkor’s CSI budget and activities
and for the alignment of divisional projects to the Group’s CSI policy and its overall strategy.
4.2 Each operational Chief Executive Officer (or equivalent) is responsible for the approval of the relevant
division’s CSI budget and for the alignment of divisional projects to the Group’s CSI policy and strategy,
as well as for the implementation and management of the division’s CSI activities.
5. POLICY STATEMENT
5.1 Pepkor’s CSI Policy aims to direct the Group’s intent and commitment to invest in projects that intends
to bring about positive social change in the geographical areas in which the Group operates.
5.2 CSI is an integral part of Pepkor’s commitment to sustainable development and an important
mechanism for improving the Group’s reputation as a responsible corporate citizen and valued supplier
of products and services among its customers, suppliers and communities.
5.3 The policy aims to primarily focus, where possible, on children and their education and development in
order to become active participants in, and contributors to, a sustainable economic future. Any CSI
activity should also contribute towards building a society of economically active participants.
5.4 All divisional CSI policies should, as far as possible, align with and subscribe to the guiding principles set
out in this Group Policy but should assist with the needs of the specific communities and should remain
operationally relevant.
5.5 All CSI initiatives should display and promote the culture and values of the Group and/or its respective
divisions.
6. CSI FOCUS AREAS
CSI focus areas should, as far as possible, underpin and support the Group’s focus areas by investing in:
projects that are driven by local, national and societal needs and that focus on socio-economic
upliftment to benefit communities that are financially and socially marginalised and/or historically
disadvantaged;
projects that are directed towards children/childcare, education and health and nutrition; and
skills development and poverty relief.
7. EMPLOYEE INVOLVEMENT
7.1 Pepkor recognises the value of staff involvement in its CSI activities and as such the Company will
allocate 1 (one) working day per annum to our staff for the purpose of volunteering.