EXTENDING INFLUENCE FOR THE BENEFIT OF SOCIETY

The collective influence of business on society is significant. In South Africa, large corporations are in a position to play an important role in societal well-being. Companies can choose to limit their activity to the confines of their immediate business or, as in our case, to take a longer-term view in seeking to positively influence behaviour and prospects within our sector and society at large. With people becoming more conscious about the impacts businesses have on the world around them, it is imperative that Santam plays its part in making a significant contribution.

Our approach: - click to view text

What we did during 2009:

Youth development - click to view text

Tactical investments - click to view text

Staff volunteerism - click to view text

Our performance:

The CSI budget for 2009 amounted to R7.8 million. Total expenditure on CSI equated to 0.70% of net profit after tax (NPAT) in 2009 (unverified), compared to 0.99% in 2008 and 0.31% in 2007. The budget breakdown by main area of investment was as follows: