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Corporate social responsibility

ARM supports the development of the communities in which we operate through social investment and local economic development projects. Our projects focus on building capacity in communities and prioritise women, HIV/Aids projects, advancement of people living with disabilities, youth and the socially destitute.

ARMís Social and Ethics Committee monitors the implementation of the Groupís Corporate Social Responsibility Strategy. Corporate social responsibility executives co-ordinate the various initiatives centrally and report to the divisional chief executives.

Projects at the operations support local communities as part of the commitment to local economic development undertaken as part of ARMís social and labour plans, which are established and regularly revised in close consultation with communities, local government and the integrated development plans. There are also corporate social investment initiatives run by the operations to address the particular needs of their host communities. At corporate level, corporate social responsibility initiatives include the ARM Chairmanís Fund, the ARM Community Investment Trust, the Educational Trust and the ARM BBEE Trust (upliftment Trusts).

Highlights and challenges

The main challenges our corporate social responsibility initiatives face are finding projects that create sustainable jobs and effectively alleviate poverty, quantifying the positive social impact that arise from these projects and finding the right skills to implement them. Other challenges include:

Community unrest negatively impacted on delivery (and hence expenditure) of some corporate social responsibility projects.

Political pressure on which projects to invest in was influenced by community unrest relating to service delivery.

A highlight for the year was the restructuring of the ARM BBEE Trust to achieve a more permanent and sustainable funding solution for the Trust.

ARMís investment in corporate social responsibility decreased by 37.4% to R106 million (F2015: R169 million).

ARMís corporate social responsibility initiatives created 1 443 jobs in F2016 (F2015: 1 593) Ė 1 226 jobs were created through local economic development projects (F2015: 1 315) and 217 through corporate social investment projects (F2015: 278).

 

F2016

F2015

Ferrous

Platinum

Copper

Corporate

ARM

Ferrous

Platinum

Copper

Corporate

ARM

Corporate social investment

9.4

4.8

1.3

2.6

18

28

11

2

13

54

Local economic development

63.6

17

0

0

80.5

79

25

0

0

104

ARM BBEE Trust

0

0

0

7.4

7.4

0

0

0

12

12

Total corporate social responsibility spend

73

21.7

1.3

10

106

107

35

2

25

169

 

Corporate social responsibility focus areas for F2016

  1. Education, with particular focus on technical subjects and bursaries for engineers
  2. Supplier development and aligning with ARMís sustainable development targets
  3. Improvement projects to enhance service delivery and infrastructure in host communities

Details on corporate social responsibility projects undertaken by operations during the year, are included in our 2016 Sustainability report

Corporate social responsibility focus areas for F2017

  1. Continue enterprise development in partnership with government, development agencies and communities
  2. Supplier development initiatives to incorporate SMMEs into preferential procurement programmes
  3. Projects that focus on community health and wellness in partnership with the Department of Health
 

Sustainability report

Sustainability Report 2016


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