Sustainability/ Socio-economic development programmes

Socio-economic development programmes

Socio-economic development programmes

Socio-economic development (SED) is a national and global imperative which is embedded in the ethos of the AECI Group. The AECI Group is a socially responsible organisation, investing in effective community-focused organisations and initiatives, through the development and upliftment of vulnerable communities surrounding its operations. SED in this context refers to community development as defined by South African legislation. International initiatives are defined in accordance with legislation in the countries in which AECI operates. The AECI SED programmes are driven by strategic social investment, community empowerment, meaningful partnerships and good governance that ensures sustainable development by “teaching people to fish rather than giving them a fish”.

Efforts are channelled into three key vehicles aligned with the business strategy and seen as critical to improving the lives of vulnerable individuals and communities in which the Group operates. These vehicles are: AECI Group CSI FundAECI Community Education and Development Trust and Tiso AEL Development Trust.

AECI is committed to ensuring regular monitoring and evaluation of programmes. This is achieved by focused reporting, targeted outcomes and impact-based grant management to ensure sustainable impact on the social and economic wellbeing of those affected.

 


 

AECI Group CSI Fund