Schools are the big winners as companies continue to demonstrate a commitment to corporate social investment (CSI)‚ despite uncertainty and tougher trading conditions in almost every sector of the economy over the past decade. This is according to Cathy Duff, a director at Trialogue, a consultancy operating in the field. CSI expenditure in SA was estimated to be worth R8.6bn in 2016‚ significantly up from R2.9bn in 2006‚ Duff told the 10th annual Business in Society Conference that took place in Johannesburg this week. Discussing trends over the past 10 years‚ Duff shared research in which 82 companies and 219 nonprofit organisations (NPOs) participated in 2016. Anglo American has retained its position as the company perceived to have the most developmental impact — and was rated first in 2007 and in 2016. Other companies that have been in the top 10 across the years include SAB‚ Old Mutual‚ MTN and Telkom. Until 2013‚ Trialogue consistently found that total CSI expenditure was grow...
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