Annual Review 2021

Page 70

SEIFSA ANNUAL REVIEW 2021

SOCIAL RESPONSIBILITY REPORT

SEIFSA prides itself on being responsive to the needs of not only its stakeholders, but communities in need of assistance. The Federation understands that it does not exist in a vacuum and, therefore, strives to be a corporate citizen that contributes to a healthy socio-economic environment. As such, SEIFSA believes that social responsibility is not only a moral imperative, but an integral part of its business model. SEIFSA uses the following blended approach to ensure that it is socially accountable and builds towards an enhanced future for our industry:

APPRENTICESHIPS SEIFSA keeps a watchful eye on scarce skills and aligns its funding to contribute to a consistent flow of a skills pipeline for the future. In the year under review, SEIFSA awarded scholarships to 20 apprentices in various trades offered at the SEIFSA Training Centre. The training commenced April 2021, the project will run for nine months and is expected to finish in January 2022. As at the date of this report, the R2.6-million funding has been fully committed through a partnership with Rand Mutual Assurance (RMA).

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