Commitment To Our Communities - South Africa

Our objectives

Our strategy in Southern Africa focuses on education and learnerships, entrepreneurship and job creation, and the environment.

Our objectives are as follows:
  • To facilitate an increase in the number of entrepreneurially-minded learners who matriculate, as well as those with a decent pass in English, mathematics and science and, who have an aspiration to proceed beyond matric
  • To facilitate access to quality tertiary education, support and celebrate excellent performance thereafter
  • To enable on-the-job training, exposure and experience for youth through learnership opportunities
  • Support the development of young entrepreneurs in an effort to contribute towards job creation
  • To preserve our communities through conservation education and ensuring a clean, resource-rich natural environment.
29.8%
increase in total community spend for Southern Africa (March 2019: R146.2mn)
education and learnership

Education and learnerships


Our strategy in Southern Africa focuses on creating opportunities, through education and learnerships, that equip and enable young people within our communities to become active economic participants in society. We support and empower talented individuals within a defined continuum of interventions through school and university to the workplace. Through our many education and learnership initiatives within our communities we are contributing to SDG 4 (quality education). 

Highlights

54%

of Southern Africa’s community spend was allocated to education and external learnerships

Promaths

contributed 5.0% of the country’s national distinctions in mathematics and science

> R14.7mn

invested in the Umuzi Academy and Afrika Tikkun learnerships in 2018
education and learnership
Learnerships

Investec supports two external learnership programmes, the Umuzi Academy and Afrika Tikkun. The Umuzi Academy offers one-year learnerships that produce high calibre, entry-level designers, copywriters, digital and multimedia professionals. The learnership includes nine months of on-the-job training at Umuzi, and three months working at a partner agency, media or production house. The Afrika Tikkun end-to-end learnership aids the empowerment of young job seekers by providing them with entry to mid-level jobs. Investec currently funds 80 learners on the programme who are placed in both our regional offices as well as with partner hosts. 

 

R14.7mn
invested in the Umuzi Academy and Afrika Tikkun learnerships
entrepreneurship and job creation

Entrepreneurship and job creation


Our strategy in Southern Africa supports the growth of young entrepreneurs from school-going age to working entrepreneurs, in order to grow the South African economy and create employment opportunities. Through our various initiatives in entrepreneurship and job creation we are contributing to SDG 8 (decent work and economic growth).

Highlights

43

entrepreneurs given global exposure through trips abroad

294

learners from disadvantaged communities participated in JASA

> 1,200

youth placed in jobs with 11 of our partners during the year

Our entrepreneurship and job creation programmes

The entrepreneurship programmes we support include the Global Exposure Programme, Startup School and the Junior Achievement South Africa. Through the Youth Employment Service (YES) initiative, we have placed more than 1,200 youth in jobs since inception of the programme in 2018.

environment and philanthropy

Environment and other philanthropy


Investec recognises that communities require a clean, resource-rich natural environment that supports the growth of business and the economy. Through our environmental initiatives, we are preserving our communities, supporting the economy of wildlife and contributing to SDG 11 (sustainable cities and communities). We also donate to several ad hoc philanthropic initiatives which would positively impact across all 17 SDGs.

Highlights

5,812

children reached through our conservation programme (17,373 children reached since inception in 2013)

4,227

grade 4 students sponsored through the GWF Open Leaning Academy

80 rhino

rescued and cared for by our partners with our support since 2012
Philanthropic donations

We recognise that there are many other needs and related causes that fall outside of our key focus areas and therefore allocate a small portion of our community initiatives budget to philanthropic initiatives and ad hoc donations. 


Our philanthropic donations include our support of the Investec Soccer League, the Field Band Foundation, enke: Make Your Mark, and the Sounds of Celebration programme. Our ad hoc donations are to charities across all regions in South Africa in response to requests received. Donations in South Africa are between R5,000 and R20,000 in areas which fall both within and outside our focus areas. In the past year, we donated R3 million to philanthropic and ad hoc donations.

99
ad hoc donations made through the South African office

Download our 2019 corporate sustainability and ESG supplementary report

2019 full report

Corporate sustainability and ESG supplementary report 2019

2019 report chapters

Corporate sustainability at Investec
Commitment to our people
Commitment to our communities
Commitment to the environment and climate change
Our business impact
Governance, risk and compliance
Appendix (Global Reporting Initiative Index)