Focused corporate social investment initiatives, aligned with
Eskom’s strategic objectives, are carried out through the Eskom
Development Foundation (foundation) to enhance the quality of
life in target communities while maximising the strategic impact
for Eskom.
The foundation is a wholly owned subsidiary of, and receives its
mandate from, Eskom Holdings Limited. It is an association not
for gain, incorporated under section 21 of the Companies Act.
The foundation provides support to economic and social projects
through grants and donations, targeting communities where we
implement our new build programme and the communities in
which we operate.
The foundation approved grants and donations
benefiting a total of 60 634 people (2007: 77 415) during
the reporting period.
Summary of corporate social investment
| |
2008 |
2008 |
2007 |
2007 |
| |
Number |
Rm |
Number |
Rm |
| Economic and social development grants, national programmes and flagship projects |
64 |
44,9 |
15 |
61,2 |
| Philanthropic and welfare donations, including the Chairman’s fund |
135 |
3,9 |
50 |
2,1 |
| Rural development |
– |
21,0 |
– |
11,4 |
| Total donations and grants |
|
69,8 |
|
74,7 |
Click here further
information about the Eskom Development Foundation.
|
