Corporate social investments(CSI)
Our CSI initiatives are aimed at achieving and sustaining positive social development of the communities we operate in. Through various community interventions, our effective community re-investment will further reinforce our values and achieve our business objectives.
Standard Bank Group's Corporate Social Investment expenditure is funded by the annual allocation of not less than one percent of prior year after-tax income from its South African operations. Of this allocation, at least half a percent is specifically committed to programmes in terms of the charter and it excludes sponsorships and employee involvement initiatives.
Click here to read more on CSI initiatives from the Sustainability Report.