August 2016 – In the past two financial years, CONCO has spent more than 1% of net profit after tax on CSI programmes, but the group is well aware of the broader socio-economic environment within which it operates and believes that Corporate Social Investment (CSI) is far more than just financial assistance. The group is fully committed towards improving the environment and communities within which it operates.
Learners are ecstatic to be able to see properly, thanks to CONCO’s generous donation and collaboration with Vision 4 Change.
CONCO’s CSI programmes specifically focus on:
• Poverty alleviation;
• HIV/AIDS awareness;
• Community wellness programmes;
• Community upliftment;
• Community training/ skills transfer;
• Support of education programmes (bursaries); and
• Support for abused children and women.
CONCO’s Transformation Manager, Londani Ntuli says, “The organisation seeks to leave behind a legacy in all communities where we conduct business. One such way is through our extensive skills transfer programmes that seek to mentor and equip local individuals with skills that will see them provide for their families long after a project has been completed. We also strive to employ local labour on every project, and where we can, redeploy them to new projects where possible. A case in point is our first ever 400kV overhead line contract in the Eastern Cape, where on completion of it, about 30% of the local labour was absorbed into CONCO and redeployed to other overhead line projects.
“Besides offering bursaries to school children, one of our programmes has entailed donating science laboratories to a school in close proximity to the Nojoli Wind Farm. We are also currently working with a school in Midrand to run a matric camp programme with the view of establishing a CONCO academy in future, to help improve literacy in maths and science. The aim is to provide top achievers with opportunities in the engineering industry.”
There is a social responsibility aspect to every project that CONCO undertakes both locally and internationally. A few examples include clinic refurbishments, helping to provide schools and clinics with running water and school building renovations. In addition, homes in need such as those for people suffering from Cerebral Palsy, and for HIV/Aids, and abused women and children, as well as facilities dealing with assisting school children with prescription spectacles, and schools in need, are identified and tangible assistance provided, thereby uplifting those less fortunate. Events such as “Stop Hunger Now” and “Mandela Day” are participated in by CONCO employees and organisations such as Doctors without Borders, Life Choices and the National Sea Rescue Institute, to name a few, are supported.
“Sustainability of projects as well as impact analysis is performed continuously to ensure maximum value is derived from the CSI programmes. We have done phenomenal work over a number of years in this regard and are fully committed to continuing with our programme. Our strategy seeks to have a long-lasting and sustainable impact on communities by enabling them to address and overcome multiple challenges that they face,” concludes Ntuli.