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Building legacies

Although most of our business activities are projects with specified durations, our aim is to leave a legacy wherever we operate by contributing to initiatives that enhance infrastructure or skills with lasting benefits for the community.

Overview

Our CSI policy, strategy and initiatives were refined to better reflect our operating environment and social obligations. CSI encompasses projects external to the business or outward looking, projects to uplift communities in general and those with a strong developmental approach. It also includes projects focused on social, developmental or community aspects where the investment is not primarily driven as a marketing initiative.

CSI projects aim to support disadvantaged communities in becoming more sustainable and functional in both social and economic development.

While CSI is a business imperative for companies in South Africa, Basil Read takes a broader view of its role in society and therefore realises the importance of socio-economic development in the growth of the South African economy. Given the nature of our business, Basil Read builds legacies and, equally, intends to build a legacy through CSI.

We believe strategic CSI offers an opportunity for shared value between our businesses and the communities they intend to serve.

Corporate social investment (CSI)

The benefits of a coordinated approach to social responsibility

We have made good progress in transforming our approach to corporate social investment into a strategic marketing tool, spanning our divisions and projects, all focused on ensuring meaningful and lasting benefits for our stakeholder communities.

We believe real stakeholder engagement must address real needs. However, the scale of needs in South Africa is beyond the means of a single company. As such, a coordinated approach to social responsibility that harnesses the resources and skills of our people, our partners, government stakeholders and even our competitors is most likely to leave a lasting legacy – one with tangible benefits for entire communities.

In the review period, over 40% of our investment of R6.1 million was allocated to education at primary and high school level.

  • Education
    • Refurbishing schools
    • Installing interactive boards in classrooms
    • Sponsoring winter schoo
    • Improving access to internship programme
    • Enhancing teaching skills, particularly maths and science
    • Maintaining sports facilities
    • Building self-esteem (from providing school uniforms to matric dance dresses and sporting kit)
  • Income generation (particularly youth development)
  • Community development

Our people participated willingly and generously in our Mandela Day initiatives, collecting blankets and food for the annual Business Against Crime initiative, and hosting fun days that included educational activities to strengthen children’s physical development.

We also responded to immediate needs and galvanised other companies to assist when a fire destroyed 15 homes in an informal settlement near our Malibongwe Ridge development. Together, we provided food parcels and essential items, as well as school uniforms.

Basil Read aims to leave a legacy where we operate through infrastructure enhancement with lasting benefits for communities. This was embodied through various CSI initiatives in 2016:

  • Basil Read participated in the launch of a national campaign to celebrate 4.3 million houses and housing opportunities delivered since the dawn of democracy by the Minister of Human Settlements. The launch, held at Cosmo City, coincided with the 10th anniversary of our developments division.
  • Basil Read launched various initiatives in the Blouberg municipality in Limpopo, detailed below.

Blouberg municipal district projects

Basil Read has invested some R7.4 million in the Blouberg municipal district over the past year. These projects are part of the client’s (De Beers Venetia mine) mining licence requirements.

We are also building an old-age support facility near Kromhoek Village, with a small bathroom, kitchen and utility room, which will be kitted to produce clean drinking water for the village. The municipality has agreed to supply the land, water and electricity at cost and Basil Read will build the facility. The drinking water is supplied via a purification system and Basil Read will assist in the production of bottled drinking water for the first year to help them make a sustainable business in supplying water to the mine and Alldays community. The company will also assist in project and financial management, training and business development.

We have made the necessary arrangements that the mine and shop owners in the district will support the drinking water initiative by purchasing bottled water from the community to ensure the project generates cash flow to support the elderly in the area and becomes sustainable.

This non-profit organisation will generate its own income and, even if Basil Read withdraws, the project will be sustainable.

Donations and sponsorships

In support of persons living with disability, Basil Read supported the national casual day campaign. The money raised by employees was given to Little Eden – a non-profit organisation providing life-long care to children and adults with profound intellectual disability.


Case Study: The benefit of integrated CSI

The benefit of integrated CSI

Spearheaded by our mining division, Basil Read launched the Madiba Sports Complex in Blouberg municipality, Limpopo, in July 2015. As part of the project, we also refurbished the surrounding area and buildings.

With its soccer field and other training facilities, as well as braai facilities, the complex is a welcome addition to the area as it provides a platform for sports and recreation.

The installation of this social infrastructure is part of Basil Read’s CSI initiatives in the area, highlighting our commitment to making a difference through meaningful initiatives that transform people’s lives and empower communities for a sustainable future.

The launch of the Madiba Sports Complex follows the recent opening of another sports complex in the same area by Basil Read. This complex has a swimming pool with toilets and showers.

The mining division has a number of integrated CSI initiatives in the area including:

  • Alldays Combined School

    We have employed four permanent teachers at this school to assist learners in reaching their potential in mathematics, accounting and science. We have also supplied the school’s grade 10, 11 and 12 learners with textbooks, as well as scientific calculators for Grade 12 learners.

    One of these teachers encouraged learners to enter an international essay competition for the opportunity of attending a science fair in Canada for a week. Two learners, Tshepo Semata and Marble Stuurman, were selected (as part of 42 learners worldwide) to represent the school at the University of Waterloo in Canada.

  • Winter school

    Since 2014, Basil Read has sponsored Grade 12 learners in the Alldays community to attend a winter school programme to prepare for year-end exams. This initiative was extended to all learners in the municipality and was well received, with learners from nine schools participating in June 2015.

  • Bus stops

    We built four new bus stops on the main route to the De Beers Venetia mine for the convenience of local employees. The routes are used by all locals employed in the area, not just Basil Read employees

  • Landfill site

    Respect for the environment is crucial for our business. We, therefore, sponsored the clean-up and upgrading of the local landfill area. New fencing was erected, a guardhouse and sorting area built, and the pathway paved.

    This was done to facilitate recycling of waste to minimise the environmental impact.

  • Community hall

    In 2015, the community centre received much needed basic building repairs and security upgrades, enabling the community to host their first matric farewell dance locally.

  • University students

    Each year, we assist university students with tuition, study, accommodation and book fees at various universities. The company is currently assisting three full-time university students and we employ an experiential learner at the De Beers Venetia mine who is studying for a diploma in safety management through Unisa.