Corporate Social Investment (CSI) is an integral part of Samancor Chrome, as we believe that every upliftment project implemented by our company contributes to creating a more prosperous country. With this in mind, we continuously strive to strengthen our commitment to sustainable development by building mutually beneficial relations with our stakeholders and contributing to the communities within which we operate.
Our Corporate Social Investment efforts are governed by the Samancor Chrome Foundation, which ensures that our contributions add value — now, and in the future. We are constantly working to better the execution and implementation of our corporate social and economic plans for the greater good of the communities surrounding our busi
The Samancor Chrome Foundation’s CSI initiatives span over a number of categories, including education, health, small business development and community infrastructure. Education is the primary focus area of our CSI initiatives as we believe in providing the leaders of tomorrow with every possible advantage. The majority of our projects therefore invest in the education of our communities, enabling them to create a brighter future for themselves while boosting our country’s economic growth.
We are able to achieve these sustainable outcomes by consulting narrowly with a diverse range of stakeholders, ranging from unions, community agencies and NGOs to local government. These partnerships, forged for the benefit of our communities, enable us to have a greater understanding of the local social and environmental needs, giving us the opportunity to determine how we can make an effective and much needed contribution.
Uplifting the communities within which we operate gives them the ability to truly empower themselves. Projects, like providing necessary infrastructure, go a long way towards making a sustainable difference – something Samancor Chrome will remain committed to.
Samancor Chrome’s Corporate Social Investment efforts are governed by the Samancor Chrome Foundation. This foundation approves the CSI projects that are thereafter implemented, coordinated and managed by the different business units.
The community relations professionals and their supporting CSI committees who coordinate the CSI efforts on the business units are part of the local communities. This means that they have a greater understanding of the local social and environmental needs, and are thus best-placed to determine how the company can make an effective contribution at this level. All projects undertaken by the Samancor Chrome Foundation are consistent with our business strategy and subscribe to the following set of operating principles:
- Adhering to the key pillars of the Mining Charter
- Aligned with the Community Relations Plan
- Subject to regular audits
- Achieving sustainable development
- Fostering community involvement
- Applying project management principles
- Sound corporate governance
These principles ensure that all funds and projects committed to by the business units fall within the mission statement of the Samancor Chrome Foundation, which is “to improve the quality of life of people in communities around Samancor Chrome operations”.