Nampak’s corporate social investment policy and practices have been in place for a number of years. This has resulted in meaningful long-term relationships with key schools and the broader communities located near our factories.
We aim to make a meaningful difference and therefore have adopted a focused approach to our activities which are largely centred on youth development. We also provide general support to the communities through donations to various hospices and other charities.
The group has a target of allocating 1% of its profit after tax to corporate social investment. During 2022, a total of more than R6.2 million spent on the YES4Youth initiative and on supporting hospices in areas where our employees work.
Total 2022 spend
of more than R6 million
Nampak’s bursary scheme, which has operated successfully for many years, provides assistance to high-potential learners for continuing education at tertiary institutions. Being a manufacturing organisation, we allocate bursary funds to those learners who are studying towards science, engineering, supply chain and accounting degrees. Wherever possible, we offer bursars vocational work experience at our operations.
Recently qualified graduates are eligible to apply to join our graduate development programme. We currently support 13 bursars.
Nampak’s partnered schools
The main focus of Nampak’s corporate social investment has for many years been on education and in particular the partnership we had with carefully selected secondary schools. Partly due to the impact of COVID-19 it was not possible to continue with this initiative which operated for almost 20 years, and it was unfortunately suspended in 2022. Consideration is being given to implementing a similar project in 2023.
Nampak provided temporary employment to 100 young people in 2022 as part of its ongoing commitment to the YES4Youth initiative to which it contributed over R6.2 million in 2022 bringing its total investment in this programme since inception to more than R26 million.