Corporate social investment raises private sector’s image and relationship with government
Many firms go beyond minimum requirements but more can be done with rigorous monitoring and evaluation integrated into design of programmes
SA has some of the most advanced corporate standards, policies and guidelines on environment, social and governance (ESG) issues.
This is largely due to the emphasis on socio-economic justice and postapartheid reparation. The initiatives introduced with democracy include the King codes, the Code for Responsible Investing, the social and labour plans required by the Mineral and Petroleum Resources Development Act. ..
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