Corporate Social Investment (CSI)
Corporate Social Investment originated from philanthropy when the value it added to the reputation of the organisation was recognized. Previously, the terms CSI and Corporate Social Responsibility (CSR) were used interchangeably, but have now been defined separately. CSR refers to an organisation’s total responsibility towards the business environment in which it operates. CSI aims to uplift communities in such a way that the quality of life is generally improved and safeguarded. CSI encompasses projects that are external to the normal business activities of a company and not directly for purposes of increasing company profit. These projects have a strong developmental approach and utilise company resources to benefit and uplift communities and are not primarily driven as marketing initiatives.
Benefits of our Social Investment
- Comply with the CSI & B-BBEE Score Cards.
- Claim up to 1% of Net Profit After Tax.(NPAT)
- Create a Corporate Social Conscience for all staff and management.
- Benefit from the marketing opportunity when supporting New Beginnings Care Centre.
- Building a brand with a Social Conscience.
- Section 18 A - Claim up to 10% of your spend under Section 18 A of the income tax act.
Why develop a CSI Strategy?