INTRODUCTION
Sanyati recognizes that it’s development and sustainability depends to a large extent on it’s responsiveness to the socio-economic and environmental challenges within it’s area of operation particularly in South Africa as a whole. Sanyati also acknowledges that, in addition to public sector initiatives, corporates have a responsibility through good corporate governance to develop and implement policies to address the following social imperatives:
- Health and safety
- Human dignity and human rights
- Equality, non-sexism and non-racism
- Black economic empowerment
- Employment equity
- Environmental conservation and rehabilitation
- Corporate ethics
Sanyati Holding’s commitment to CSR has the full support of senior management and Board of Directors who, together with the CSR committee, are involved in the development and implementation of the CSR policy.
POLICIES
- Health and Safety
Sanyati Holding’s responsibilities and obligations in regard to health and safety of employees and the public are identified and documented for each area of operation. Safety plans are prepared and measures implemented to insure compliance. Regular audits are conducted by consulting health and safety practitioners who submit regular reports to the board.
- Equality, Human Dignity and Human Rights
Fundamental to the development and implementation of all the company’s policies is the recognition that everyone is equal before the law, and that everyone has inherent dignity, which must be respected and protected. Non-sexism and non-racism is promoted and practiced in the company and externally.
- Black Economic Empowerment
It is Sanyati Holding’s objective to obtain and maintain the highest rank amongst the top empowerment companies in South Africa. A recognized BEE rating consultancy is currently assessing Sanyati’s ranking on the BEE scorecard on equity, management, employment equity, skills development, preferential procurement, enterprise development, and corporate social investment.
- 42% of Sanyati’s equity is held by Blacks
- 50% of Sanyati’s Directors are Black
- In addition four non-executive Black Directors serve on the board
- Employment Equity
Sanyati Holdings subscribes to a policy of employment equity which takes cognizance of the diversity in South Africa in general and in it’s area of operation particularly. The company is opposed to any form of tokenism, but will ensure that suitably qualified people from designated groups have equal opportunity and are equitably represented at all levels and in all occupational categories. Provision has been made in it’s employment equity policy to identify and eliminate any unfair discrimination.
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