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 Sustainability report overview              
 Group overview                               
 Group executive committee          
 Executive summary                           
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 Corporate social responsibility
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 African footprint                                  

Major social initiatives

   
 


picture: Maths Centre.
Maths Centre.
picture: Maths Centre.
Maths Centre.
picture: ODI
Some of the children that attended the ODIs.
picture: Standard Bank Joy of Jazz
Standard Bank Joy of Jazz in Mpumalanga held at Nelspruit Showgrounds.

picture: Sparrow Ministeries
Sparrow Ministeries

Our CSI programme is focused on eight main development areas: education; entrepreneurship; sport development; community development; health; heritage; arts and culture and bursaries. In the areas of sports development, arts and culture, and heritage, we ensure that a developmental component is included as a part of our traditional commercial programmes. Standard Bank is active, largely through sponsorship, in arts, sport and heritage activities. While the commercial agenda remains within the realm of marketing and sponsorship, important developmental opportunities frequently arise and are embraced to benefit target communities or social groups.

Education

Our educational initiatives have two important themes: financial literacy, and mathematics and science education. We support a diverse cross-section of these projects, including the well-established Liberty Learning Channel, Mindset, financial literacy education, a national newspaper initiative and projects aimed at stimulating a higher appreciation and understanding of mathematics and science.

Liberty Learning Channel

Standard Bank maintains a formal partnership with Liberty Life and the South African Broadcasting Corporation (SABC) in enabling the Liberty Learning Channel to televise maths and science lessons to schoolchildren across South Africa.

 

Mindset Network

Standard Bank is a founding partner of the Mindset Network, a project that delivers distance education to schools through television-based technology. We are actively involved in strategically planning and developing content for this project. Together with other private-sector partners, this initiative promises to have a far-reaching influence on the quality of education delivered to rural schools. The Mindset platform is also used to broadcast financial literacy content.

 

Financial literacy

In 1999, Standard Bank piloted its financial literacy project by developing and distributing learning material to more than 50 000 Gauteng grade-seven learners. The workbooks, posters and training videos offered advice on economics, personal finance, savings and investments, banking products and services, and business finance. Due to its success, the programme was extended to other provinces and now also includes learning material for grade-eight and grade-nine learners.

To date, we have committed more than R10,5 million per annum to developing and providing resources to nearly one million learners in about 10 000 schools across South Africa. We are currently leveraging our relationship with Mindset to extend the project’s benefits and, through the formation of a public-private partnership, we intend reaching every South African school by 2009.

Mathematics and science

We have also committed financial and other resources to several other maths and science education projects. For example, through our ongoing relationship with the University of the Witwatersrand in Johannesburg, we helped to establish a new centre dedicated to teacher intervention programmes in maths and science. Through our existing three-year partnership, the university and the bank will bring teachers from around South Africa to the centre for further training and accreditation in maths and science education.

The nationwide Mathematics Centre for Professional Teachers (MCPT) focuses on training teachers to enhance their classroom techniques and their understanding and application of the school curriculum. There are strong tracking and benchmarking processes in place to provide a measure of success and to extract lessons from the developmental process.

Entrepreneurship

We have, for many years, supported entrepreneurial development in South Africa, especially in underresourced or less privileged communities. In future we will be intensifying our efforts to keep entrepreneurial development aligned with the charter.

The core element of our entrepreneurship programme is to provide capacity building for SMEs. Key components of this programme are to provide financial and business management skills. This is also integrated with our group-wide strategy of helping support and empower SMMEs.

Our intervention targets existing SMMEs that project partners regard as having the potential to become formal and established businesses. The SMME owners are assessed and then provided with comprehensive training and support in such disciplines as business planning, financial and cash-flow management, and in understanding and adhering to tax and human capital management obligations. We are maintaining partnerships for SMME owner training with the University of Port Elizabeth’s Small Business Unit and eThekwini Municipality in KwaZulu-Natal.

Community development and health

Our health projects emphasise the continuing need to provide broad-based healthcare and public awareness on health-related issues. We support a range of projects that focus on meeting the challenges posed by the HIV/Aids pandemic, tuberculosis and primary healthcare.

Looking ahead, we intend to identify and support a large, more centrally run project in the healthcare field to ensure greater national reach and therefore greater benefits.

Sport development

In 2004 we spent R1,2 million on sport development in South Africa, primarily by supporting children from communities that were previously excluded from an opportunity to excel at sport.

We complement our sponsorship of the South African limited-over cricket team by sponsoring the development and maintenance of cricket coaching and playing facilities in underdeveloped communities in partnership with the South African Cricket Board (SACB) under the banner of the Legacy Programme.

Arts and culture

We are one of the four main sponsors of the National Arts Festival in Grahamstown, in conjunction with the Eastern Cape Provincial Government, The National Lotteries Distribution Trust Fund and the SABC. The annual Standard Bank Young Artists Awards form part of the festival programme. We also sponsor the Standard Bank National Schools’ Festival.

Our art gallery in central Johannesburg remains a platform for exhibiting paintings, sculptures and other works of art produced by leading South African and international artists. We continue to support South African artists by purchasing original artworks for our art collection. Our African art collection, housed at the University of the Witwatersrand, continues to receive an annual grant for the purchase of new artwork.

The jazz festivals, held in various South African cities during the year, attracted many jazz enthusiasts. These festivals provide a platform for promoting both established and emerging jazz musicians. In 2004, about R1 million was spent in support of jazz development. Other music sponsorships included the Johannesburg Philharmonic Orchestra, Buskaid and the Alexandra Music Project.

Heritage

Origins of humankind

We continue to sponsor palaeoanthropological research, education and conservation in Gauteng by sponsoring the Palaeoanthropological Scientific Trust (Past) through our annual contribution of R700 000. This sponsorship will continue until 2007.

 

Robben Island Education Centre

The bank is one of the partners in the Robben Island project and contributes R1 million annually to the Robben Island Education Centre. This sponsorship will continue until 2007.

 

Environmental education

We support the World Wildlife Fund’s Educating for Sustainability Programme, which focuses on using permaculture practices as a model to develop knowledge, awareness and skills on a variety of environmental issues.

The programme also contributes to schools’ feeding schemes and food security by providing local communities with necessary skills to establish home-based gardens. The foundation also supports the Delta Environmental Centre’s schools outreach programme that aims to educate and train educators and learners.