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Social welfare programmes have a long history in South Africa. [3] The earliest form of social welfare programme in South Africa is the poor relief distributed by the Dutch East India Company and the Dutch Reformed Church (DRC) in 1657. [4] The institutionalised social welfare system was established after the British occupied the Cape Colony in ...
Black Economic Empowerment. An advert for a consulting firm which specialises in making companies compliant with BEE regulations. Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action, it is intended especially to ...
Corporate social responsibility. Employees of a leasing firm taking time off their regular jobs to build a house for Habitat for Humanity, a non-profit that builds homes for needy families using volunteers. Corporate social responsibility (CSR) or corporate social impact is a form of international private business self-regulation [1] which aims ...
When it comes to social impact, companies "need metrics and data to show that it's working, but you also can't pull out before things actually take hold," says Discovery Education's Amy Nakamoto.
Charity Status. The Department of Social Development (DSD) of South Africa is a government department responsible for providing social development, protection, and welfare services to the public. Previously called the Department of Welfare, it was renamed in July 2000. [1] The current Minister of Social Development is Lindiwe Zulu.
Social enterprise. A social enterprise is an organization that applies commercial strategies to maximize improvements in financial, social and environmental well-being. This may include maximizing social impact alongside profits for co-owners. Social enterprises have business, environmental and social goals. As a result, their social goals are ...
Socially responsible investing (SRI) [a] is any investment strategy which seeks to consider financial return alongside ethical, social or environmental goals. [1] The areas of concern recognized by SRI practitioners are often linked to environmental, social and governance (ESG) topics. Impact investing can be considered a subset of SRI that is ...
Sustainability reporting. Sustainability reporting refers to the disclosure, whether voluntary, solicited, or required, of non-financial performance information to outsiders of the organization. [1] Sustainability reporting deals with qualitative and quantitative information concerning environmental, social, economic and governance issues.