Social capital and stakeholder responsiveness
- Our social licence to operate
- Uncertainty of the socio-political environment
Social capital is any value added to the activities and economic outputs of an organisation by human relationships, partnerships and cooperation.
Organisations rely on social relationships and interactions to achieve their objectives. Externally, social structures help create a climate of consent or a licence to operate, in which trade and the wider functions of society are possible. Organisations also rely on wider socio-political structures to create a stable society in which to operate, e.g. government and public services, effective legal systems, trade unions and other organisations.
To enhance social capital we:
- contribute to open, transparent and fair governance;
- source materials ethically and treat suppliers, customers and citizens fairly;
- respect and comply with local, national and international law;
- pay our taxes;
- invest in the social infrastructure;
- provide communication;
- minimise any negative social impacts of our operations and maximise the positive impacts they can have; and
- support the development of the communities in which the Venture operates
Both Merafe and the Venture are committed to working with local authorities, community representatives, inter-governmental and non-governmental organisations and other interested parties, to develop and support community investment projects.
Both the Venture and Merafe focus on sustainable projects, with their focus being on education, infrastructure and health issues in the communities in which the Venture operates.
Our commitment to employing local people includes providing training opportunities that enable community members to meet the Venture’s competency requirements.
|See Human capital of this report for further information on the range of skills training the Venture provides and its investment in this training.|
In terms of the discretionary procurement targets set in the Mining Charter Scorecard the Venture performed well as can be seen in the table below:
|Capital||1 491 794 728.76||287 676.69||1 491 507 052.07||952 642 228.92||63.87|
|Services||9 712 953 953.91||5 790 706 674.88||3 922 247 279.03||3 361 374 630.36||85.70|
|Consumables||4 702 332 799.21||183 717.05||4 702 149 082.16||3 476 033 419.98||73.92|
|Total||15 907 081 481.88||5 791 178 068.62||10 115 903 413.26||7 790 050 279.26|
|Multinational capital spend||60 404 760.88|
|Total procurement spend (including MNC)||15 967 486 242.76|
Public health and HIV and AIDS
The Venture favours a united approach to public health, whereby we collaborate with government, international organisations and NGOs to make the most impact at community level. The public-private partnerships formed by the Venture provide communities access to prevention, treatment and care for HIV and AIDS, as well as other communicable and associated diseases. The Venture supports the government’s HIV counselling and treatment (HCT) campaign by providing funding and testing sites. It has also funded health clinics and hospices in the communities in which it operates, including an HIV and AIDS clinic in Lydenburg in Mpumalanga province. There is also a health clinic at the Lion ferrochrome plant in Limpopo province.
Respecting the rights of communities
Neither Merafe nore the Venture tolerates any form of discrimination and our policies clearly state that we do not tolerate any form of discrimination and that all our employees and stakeholders are to be treated with dignity and in a manner that is culturally appropriate, irrespective of gender, background or race.
Human rights and ethics
Merafe subscribes to the fundamental principles of human rights as enshrined in our country’s Constitution and Bill of Rights. Our policies and practices have been aligned with both to ensure that all our employees and stakeholders are treated with dignity and in a manner that is culturally appropriate, irrespective of gender background or race. Further, Glencore is a signatory to and has accepted the Voluntary Principles of Security and Human Rights.
The Merafe Code of Ethics governs the way we do business and the way our directors and employees engage with our stakeholders. The Code, which is binding on our directors, employees and contractors, provides guidelines for behaviour which is above reproach.