Murray & Roberts : Corporate Social Responsibility Annual Report 2021

CORPORATE SOCIAL

RESPONSIBILITY

ANNUAL REPORT 2021

CHANGING LIVES THROUGH EDUCATION AND SKILLS DEVELOPMENT

CONTENTS

1	GROUP CORPORATE SOCIAL	4	LETSEMA KHANYISA
RESPONSIBILITY	Employees in South Africa earning below the
	The Group's corporate social responsibility		annual earnings threshold can apply to the Letsema
	("CSR") initiatives are driven by the Letsema		Khanyisa Trust for scholarships for their children.

Khanyisa and Letsema Sizwe Trusts, managed by the Murray & Roberts corporate office.

The trusts support historically disadvantaged communities in South Africa and corporate social projects supported by business platforms to advance national priorities in their host communities, globally.

2 GOVERNANCE

Governance, integrity and ethics are non-negotiable features of our business conduct. The Group's Values and ethical principles, set out in the Group's Code of Conduct, guide our decisions and actions.

6	LETSEMA SIZWE
The Letsema Sizwe Trust provides support to
	development projects, led by longstanding and
	reputable organisations, whose primary focus
	is providing educational support and skills
	development to disadvantaged South Africans.

10	GROUP CORPORATE SOCIAL INVESTMENT
PROJECTS

Businesses and employees across the Group invest in their communities to provide sustainable solutions to local imperatives, providing lasting and positive change to the beneficiaries.

3	FINANCIAL SUMMARY
The Murray & Roberts Group works in

environments with diverse cultures, needs and expectations and our financial investment in socioeconomic programmes and community upliftment initiatives must meet the local needs and priorities of our host communities. The Group CSR spend for FY2021 was R15,3 million.

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CORPORATE SOCIAL RESPONSIBILITY ANNUAL REPORT 2021 1

GROUP CORPORATE SOCIAL

RESPONSIBILITY

OUR PURPOSE

The Murray & Roberts Group seeks to contribute responsibly to sustainable and positive long-term social impact, through appropriate investments and community development programmes targeting education, skills development and health improvement.

OUR VALUES

Commitment, Care, Respect, Accountability, Integrity

"Creating a strong business and building a better world are not conflicting goals - they are both essential ingredients for long-term success." - Bill Ford

MEANINGFUL AND PURPOSE-LED COMMUNITY SUPPORT

CSR is part of the Group's sustainability framework and speaks

to our undertaking to uplift communities, particularly those in which we operate, by responding to local circumstances and social needs in an ethical and sustainable manner.

The corporate office in Johannesburg, South Africa, manages flagship initiatives, managed through two trusts, while our businesses focus on assisting vulnerable host communities with suitable initiatives.

Our philosophy is to:

• Focus on initiatives which are sustainable and add value while avoiding handout tendencies which prove unsustainable;
• Partnering with communities around our operations in implementing sustainable community development initiatives;
• Where possible, aligning with national imperatives and government's socioeconomic framework;
• Investing adequate financial and human resources needed to support corporate social initiatives;
• Quantifying the costs and benefits of the programmes/ beneficiaries selected and evaluating them in terms of their ability to contribute to capacity building, improving the quality of life and ensuring sustainable development;
• Establishing feedback mechanisms with beneficiary organisations to measure value add and ensure funding is being correctly used;
• Encouraging employee volunteerism; and
• Demonstrating our values in our engagement with communities and other relevant stakeholders.

CORPORATE SOCIAL RESPONSIBILITY ANNUAL REPORT 2021

GOVERNANCE

Governance, integrity and ethics are non-negotiable features of our business conduct. The Group's Values and ethical principles, set out in the Group's Code of Conduct, guide our decisions and actions.

Good governance also guides our funding decisions. The Group CSR committee meets quarterly to review progress on current initiatives and to approve new proposed projects.

The trusts are funded by dividends received. At business level, budgets and proposed initiatives are approved by each executive committee and managing director, taking into consideration their client and local community needs.

The Murray & Roberts Holdings Board, through the social & ethics committee, and the Murray & Roberts Limited Board, have oversight of Group CSR activities and spend.

Applications for funding undergo rigorous screening and recipients of large grants present regular reports to ensure funding is being used as agreed. Site visits are also conducted where possible.

Brenda Mantje

Cheryl van Bosch

Daniel Grobler

Ed Jardim

Mike da Costa

Steve Harrison

Thokozani Mdluli

Zelia Soares

CSR STRUCTURE

	MRH SOCIAL & ETHICS COMMITTEE
		MRL Board
		Group Oversight
		GROUP CSR COMMITTEE
	Group CSR reporting directs the South African
		Flagship Programmes
PLATFORM CSI	LETSEMA KHANYISA	LETSEMA SIZWE	MURRAY & ROBERTS
			CHILD WELFARE FUND
INITIATIVES
Employee support	Community support	Employee volunteer
Managed and
scheme through a	scheme through	initiative through
budgeted locally	structured bursary	flagship initiatives	payroll donations

initiative

CORPORATE SOCIAL RESPONSIBILITY ANNUAL REPORT 2021 3

FINANCIAL SUMMARY

2021 PERFORMANCE

R3,4 million

The Letsema Khanyisa Trust provides the children of qualifying employees with scholarships at primary, secondary and tertiary academic institutions

FY2020: R3,1 million

FY2019: R4,4 million

R3,2 million

The Letsema Khanyisa Trust prioritises education and skills development in communities through three flagship initiatives

FY2020: R3,5 million

FY2019: R5,7 million

R8,7 million

Group CSI programmes

FY2020: R12,4 million

FY2019: R8,8 million

Breakdown of CSR spend (%)

22%

57%

21%

Letsema Khanyisa Trust

Letsema Sizwe Trust

Group CSI programmes

Of the R15,3 million (FY2020: R19,0 million) spent on community development initiatives across the Group, R10,6 million supported disadvantaged South Africans.

The COVID-19 pandemic has impacted the funds available for our CSR programmes and looking ahead, we will review our strategy to ensure we continue to support effective and meaningful projects across the Group.