CORPORATE SOCIAL INVESTMENT
CORPORATE SOCIAL RESPONSIBILITY
As a leading listed property company in South Africa, Growthpoint Properties has values deeply embedded in our business activities and decisions.
Our end goal is always to ensure that we remain a corporate citizen who can demonstrate our responsibility to our internal and external stakeholders.
Our commitment to our investors, staff, tenants, suppliers, and the South African community remains our driving force to ensure that we have a positive impact.
TRANSFORMATION
As the first JSE-listed REIT to achieve a Level One B-BBEE Contributor certification according to Property Sector Codes, Growthpoint Properties is committed to the principles of social and economic transformation and empowerment on all levels. We drive transformation by investing in people and skills that will grow our business, our sector and South Africa.
The Property Sector Charter constitutes the framework for transformation in the property sector, and Growthpoint is committed to its implementation in our business. Going beyond this, we embrace the intention behind it.
TRANSFORMATION SCORECARD
-
27.2%
Black ownership
-
1
B-BBEE Level
-
R500 051 647
Procurement spend on beneficiary SMMEs
Enterprise Development
Growthpoint’s enterprise and supplier development initiative has established a decade-long track record of meaningful impact on growing sustainable small businesses. Property Point builds on our commitment to job creation.
Acting as a bridge between SMEs and procurement, the program unlocks real supply chain opportunities, ensuring sustainable transformation and job creation.
Or read more about the incredible successes of our beneficiaries, please visit www.propertypoint.org.za
43
SMMEs
supported
13
SMMEs linked to
market
32
Full-time jobs
created
300
Jobs
sustained
Additionally, Growthpoint and Property Point have collaborated on developing and implementing the Growthpoint Local Economic Development (LED) policy that formalised local economic development targets across all sectors.
KEY LED STATS:
137
LED companies
supported
46
Beneficiary Companies
Awarded Contracts
1 449
Projects
executed
DISCRETIONARY FUNDING
Discretionary Funding
Growthpoint Properties supports Corporate Social Investment (CSI) programs that promote skills development and empowerment rather than dependency. We are also focused on supporting education across South Africa because we believe that partnerships with educators will yield positive results towards our shared vision of building a better life for all.
Our educational involvement is focused on four key areas:
- Early childhood development
- Primary school learning
- High school learning
- Youth development