Social Impact

Aseda sees business as a social responsibility in itself. As such, we don’t see Corporate Social Investment (CSI) initiatives as peripheral to business, but instead the two as inseparable, a view our experience has reinforced over time.

Accordingly, we have evolved the way we approach the subjects of transformation and CSI by integrating same into the very way we do business and how we measure success.

A number of practices and arrangements have been initiated to effect and reflect this integrative approach, among which are the following:

  • Socioeconomic Development has been established as a service line in its own right.
  • Our Civils and Roads & Transport workstreams now have Socioeconomic Development as a key component of work in all projects where it is feasible to provide jobs, skills and knowledge to local communities, with a number of cases where beneficiaries have been subsequently absorbed into long term employment within our firm.
  • Our structure and people practices have been configured in a way that facilitates opportunities for both staff and youth to build rich and meaningful careers through job rotation, skills development and study assistance, with a number of cases where beneficiaries have gone on to assume senior responsibilities, within and outside the firm, and bursars absorbed into long term employment within Aseda.
  • We have initiated and implemented a number of procurement practices and support mechanisms to provide opportunities and enable startups as they navigate the unforgiving early stages of business, with many cases where we’ve collaborated with these enterprises to pursue opportunities.
  • Through planned human interventions, Aseda has been building a culture and environment that promotes diversity awareness, inclusion and equal opportunity.

As a result of this integrative approach, compliance with B-BBEE, employment equity, EPWP and the like has become a mere by-product among other business and social impact results we have realised.