INTRODUCTION
The achievement of true social sustainability in Africa requires more than just financial
support. It demands commitment to the principles of economic upliftment, business
development, job creation, community empowerment and social transformation.
As an organisation that recognises these social
imperatives as key drivers of SA's sustainable future,
Nedbank Group actively seeks out and pursues
opportunities to support communities, develop and
grow small businesses, foster job creation opportunities
and contribute to the overall development of a
sustainable and robust social structure in SA and into
Africa.
The group continues to strive to Make Things Happen
in the lives of less fortunate communities. This
commitment has earned Nedbank Group a reputation
as an organisation that is highly involved in the
community and the environment and one that takes
a genuine interest in improving the health, education
and wellbeing of the communities in which it operates
and in empowering its staff and clients to do the same.
Aligned to the group's social material matters, this
section of the 2011 Nedbank Group Integrated Report
includes information on the group's progress in the
areas of:
- Socio economic development (SED)
- Corporate social investment (CSI) – the
Nedbank Foundation and related trusts
- Consumer (including sustainability) education
- Youth development
- Nedbank Affinities
- Sponsorships
- Transforming financial services
- Access to financial services
- Targeted investments
- Black economic empowerment (BEE)
transaction
- Enterprise development (ED)
- Preferential procurement
It is important to read this report in conjunction with
the 2011 Nedbank Group Transformation Report
for a full understanding of the work undertaken in
this area.
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