Socio Economic Development

Socio Economic Development

 

Criteria

Weighting Points

Compliance Target

Average annual value of all Socio-Economic Development Contributions made by the Measured Entity as a percentage of the target.

5

1%

Key Principles:

  • Only contributions done within the measurement period can be taken into account.
  • Cumulative contributions are no longer recognized under the Revised Codes.
  • At least 75% of the beneficiaries need to be valid black South African citizens in order for the full contribution to be recognized.

 

 

 

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