Social responsibility is an ethical framework which suggests that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large. Social responsibility is a duty every individual has to perform so as to maintain a balance between the economy and the ecosystems.
The idea that companies should embrace its social responsibilities and not be solely focused on maximizing profits. Social responsibility entails developing businesses with a positive relationship to the society which they operate in. According to the International Organization for Standardization (ISO), this relationship to the society and environment in which they operate is “a critical factor in their ability to continue to operate effectively. It is also increasingly being used as a measure of their overall performance.”
The strategy of our Corporate Social Responsibility
We combine the principles of sustainability into our central business operations. There are three core elements in our Corporate Responsibility strategy – our plan of action.
- Preferential procurement & enterprise development: We contribute to national policies of procurement and enterprise development.
- Employment equity: We create equal employment opportunities for all our people. We transfer skills and meet the standards. In particular, we focus on education and business skills development. This will definitely accelerate growth, create employment and encourage economic contribution by communities that were previously disadvantaged.
- The Corporate Responsibility (CR) Board: The CR Board provides the policy and overall control of our social responsibility programme. It encourages new projects good management policies. In these ways the CR Board provides an overall opinion on whether our policy will be sustainable. The Executive Committee of ACI has given the Board all the necessary powers and authority to do this work.