Social Csr Related And Environmental Issues In South Africa

1669 words - 7 pages

EXECUTIVE INTRODUCTION:
This report has been compiled to explore and investigate whether companies (retail and service) comply with the King 2 Report and the Triple Bottom Line Reporting, how the business has adopted these concepts into their daily business activities and how they compare to one another. The report includes the issues affecting South Africa and how they are linked to the King 2 Report. This report has mostly been compiled on the five levels of the Pick n Pay Corporation and ABSA Bank, namely their Corporate Social Responsibility, their stakeholders, their company performance, their BBBEE compliance and ethics. The first level deals with their responsibility to give back to society, to help in providing the basic needs and the whole concept of transforming society to one of a higher income group. The stakeholder level deals with how they manage their stakeholders in terms of policies that have been put into place and the attractiveness of the shares that may or may not draw investors. Their performance level will be used to determine each company’s ROI whilst the last levels deals with their compliance with BBBEE policies and how well they contribute to this, whilst acting ethically towards all stakeholders. This is all evident in the projects they are involved with, the initiatives and policies they follow and the way they conduct themselves in a sustainable way. This report deals comparing two companies, ABSA Bank and Pick n Pay, to conclude which company complies best with the requirements set according to the King 2 Report.

SOCIAL CSR RELATED AND ENVIRONMENTAL ISSUES IN SOUTH AFRICA:
Social CSR related issues:
Social CSR related issues in South Africa are the key factors influencing the South African economy, as they not only impinge on local and/or national communities, but on the entire South African nation. Currently there are numerous issues that coexist within the South African society, however the most prominent issues include:
1. Crime: Following the years after South Africa first celebrated the democratic elections held in 1994, crime in South Africa has become one of the leading challenges that government faces today. Felonies, taking on forms such as murder, rape and robberies, within South Africa are the key causes to the ‘brain drain’ or the out flow of skilled workers from South Africa; furthermore, it has drastic affects on the business sectors as well as on the economy as entrepreneurs are being driven away to foreign countries whilst large foreign corporations close down.

Despite government’s attempts, national statistics have shown that reported crime levels have increased by 1.3% with an average of 50 murders and 90 rapes take place in South Africa each day. To successfully combat crime government and businesses need to co-operate and encourage emphasis on non-financial aspects as proposed by the King 2 report to identify and provide solutions for both external...

Find Another Essay On SOCIAL CSR RELATED AND ENVIRONMENTAL ISSUES IN SOUTH AFRICA

Unemployment and poverty in south africa

1634 words - 7 pages Poverty and Unemployment South Africa is a country that is known for its beautiful and colourful scenery and culture. Unfortunately, South Africa is also known for a very horrible time in its history, namely Apartheid. Apartheid was a time in South African history when racial groups were separated and segregated according to race. The black people were segregated on more than other races and treated very poorly. Unfortunately, this time in

South Africa Corpoarte Social Responsibility Essay

981 words - 4 pages SOUTH AFRICA CORPORATE SOCIAL RESPONSIBILITY When it comes to deal with Corporate Social Responsibility (CSR) in South Africa it is such an important business’ topic with respect of the State, the economic, and the public; as well as environment. The World Business Council For Sustainability Development define the Corporate Social Responsibility as: “Corporate Social Responsibility is the continuing commitment by business to behave ethically

Self-Destruction in Thebes and South Africa

1540 words - 7 pages progresses. Oedipus’ pride is based on his inability to accept reality, while Hally’s pride is based on social influences that shape his views on humanity. Oedipus’ demonstrates humility when the Oracle informs him that he is destined to kill his father and marry his mother. Oedipus believes what the Oracle tells him and eventually leads a journey to avoid his fate. Later in the story, he develops a false sense of pride which allows him to deny the

Environmental Problems in Africa

1886 words - 8 pages spite of the wealth natural resources. In general the problems in sub-Sahar and in Africa in common was addressed during the World Summit on sustainable Development (WSSD) which was help in South Africa in August 2002. Basically, the material of the summit points out main environmental problems and challenges. The key issues which dominate African environmental problems were addressed during the summit. They include:1. Water pollution and sanitation

Ecotourism in South Africa

1515 words - 6 pages : Business. N.p., n.d. Web. Dec. 2013. Munnik, Victor, Geraldine Hochmann, Mathews Hlabane, and Stephen Law. Case Study: The Social and Environmental Consequences of Coal Mining in South Africa. Cape Town, South Africa: Environmental Monitoring Group, 2010. Print. "South Africa Unemployment Rate." TRADING ECONOMICS. N.p., n.d. Web. Dec. 2013.

Apartheid in South Africa

1600 words - 6 pages a racist, undemocratic structure. Similar to the apartheid era when the police force was extremely bias towards one race, this has not changed when the security institutions came along. The security institutions didn’t truly care about trying to fix the security issues in South Africa. Problems that faced South Africa during apartheid have continued to face South Africa today. The dreadful decisions of the National Party and white social

Apartheid In South Africa

2284 words - 9 pages -European groups in the Republic of South Africa” (“Apartheid”). According to Robin Cohen, South African apartheid was based on four basic premises: “white monopoly of political power, the manipulation of space to achieve racial segregation, the control of black labor, and urban social control” (qtd. in Massie 385). Apartheid was widely supported by powerful nations, including the United States. However, the validity of the arguments and

Agriculture in South Africa

1991 words - 8 pages . SA is also the world’s 9th largest wine producer, with over 110 thousand hectares being cultivated for over 300 million vines, it’s easy see how over 300 million liters of wine are produced per year. Livestock farming Livestock is the biggest agricultural industry in South Africa, this sees a population of about 14 million cattle and 30 million sheep, and these are breeds that are well adapted t diverse climatic and environmental conditions

Apartheid in South Africa

847 words - 4 pages Racial discrimination dominated South Africa in 1948, and this was further witnessed when the ruling party made the discriminatory apartheid policy into law, in the same year (Pfister, 2005). The Afrikaans word, which literally translates to racial discrimination ‘apartheid’, was legislated and it started with the Dutch and the British rulers. The initiators of apartheid applied it to all social nature of the South African people. For instance

Morality in South Africa

643 words - 3 pages Politicians, religious leaders and social commentators have all spoken about a breakdown in morality in South Africa, with crime as the most commonly cited evidence. The lack of respect for the sanctity of human life, for the next person, private property, disregard for the law of the land, lack of parental control over children, and the general blurring of the lines between right and wrong are continuing to plague our communities. To

Apartheid in South Africa

1807 words - 7 pages -- 20 April 1964. Rivonia trial Historical Background South Africa is a land of abundant natural resources, mild climate, and fertile lands. Their resources range from diamond and gold to platinum and their land is fertile enough to feed the rest of the world if cultivated intensively. Yet many believed Africa to be the Dark Continent, a continent of poverty, harsh climate, and political turmoil (Woods 10). Though apartheid officially began in

Similar Essays

The Environmental Impact Assessment In South Africa

1760 words - 8 pages Introduction and the theme of the investigation The Environmental Impact Assessment (hereafter referred to as EIA), system originated in 1969 when it was first introduced in the National Environmental Policy Act of 1969 (NEPA) in the United States of America (Baker and Wood, 1999) and later spread to countries around the world. Today South Africa is one of the countries around the world that has adopted and adapted the EIA system as part of its

Social Entrepreneurship And South Africa Essay

1585 words - 7 pages increase equality in South Africa, it can also contribute to closing the social deficit by providing essential social services, such as health care and education, to those without access. As such, it can be argued that by working in line with governmental efforts for a better South Africa, Social Entrepreneur can increase social capital within society. Social Entrepreneur can also create environmental value; an increasingly important aspect needed to reach a sustainable society

South Africa Social Conflicts And Interests Result In Political Party Systems

1002 words - 5 pages party system. The second party will briefly explain the formation and function of the multi-party parliament. The third part will be a discussion on the various challenges faced by the multi-party parliament when there is a dominant party in context with South Africa. Finally there will be a well-reasoned conclusion based on the preceding discussion. Party systems can be described in various ways. Often they are described by the number of

Poverty In Egypt And South Africa

1398 words - 6 pages When one hears the word Egypt the first thing that usually comes to mind is the Pyramids. But what does one think of when South Africa is mentioned? The first thing that comes to mind is poverty. Although both areas reside on the same continent, their individual aspects of political, economic and social development differ greatly. On a certain scale both countries are victims of poverty but South Africa is more exposed and not evolving as