Senwes Sustainability Report 2022 | Page 4

OVERVIEW Corporate Social Responsibility

Senwes ’ CSI-vision is to be a responsible corporate citizen that contributes to the sustainable development of communities and society as a whole . Committed to the National Development Plan ( NDP ), the Senwes Group aligns its initiatives with government ’ s development priorities . We are passionate about contributing to the sustainable development of rural areas , especially in the areas where the Senwes Group conducts business .

Senwes is committed to the creation of shareholder value , the sustainability of which is based on how we conduct our business , how we support our customers with integrated solutions , how we treat our employees , the environment and the communities in which we operate . Senwes relies on various forms of capital to achieve set targets and goals . These capitals , as identified by the International Integrated Reporting Council ( IIRC ), can be seen as inputs to the company ’ s business model and increase , decrease or transform according to the activities of the company . Reporting against these capitals will be replaced during the course of the coming year with a more focused Environmental , Social and Governance (“ ESG ”) framework for reporting and disclosure . Strategic Corporate Social Investment
Senwes ’ strategy places emphasis on forward-looking , integrated and strategic interventions , based on a wellresearched understanding of current and anticipated future problems , designing long-term solutions thereto . It seeks to :
• initiate and support innovative , ground-breaking initiatives and practical solutions to community problems and needs ;
• work with communities at grassroots level ; • support community interventions that are viable and have a wider , broader , sustainable impact in the long term ;
• leverage the resources , potential and opportunities of communities , so as to ensure that they can take ownership and responsibility for their own development ;
• provide its employees with opportunities and support to contribute to the well-being and development of communities in which they live and in which they operate ;
• work in partnership with the community , government , non-governmental organisations and other businesses and in a consultative manner . 4 SUSTAINABILITY REPORT 2022 / 2023