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Offering Support to Community Projects

Macsteel has a long history of offering support to community projects for sport development, making donations to community organisations and NGOs, as well as making contributions through other corporate sponsorships.

With the introduction of DTI codes of good practice, new challenges and opportunities have opened, in relation to the way in which CSR is implemented at Macsteel. The move towards sustainability reporting, and the holistic treatment of good citizenship activities, also lends itself to a more integrated approach to CSR. Macsteel intends realigning and refocusing its corporate social investment programme in accordance with these changing factors.

 

“Our new positioning statement is Pursuing Reinvention, this is very appropriate to both the Steel industry and South Africa. We at Macsteel are very proud to be part of the transformation journey in South Africa and being a good corporate citizen. Our investments in our corporate social responsibility program is part of this journey of reinvention and transformation – helping Southern Africans deal with our past and move towards a better future for all.”

Mike Benfield, Group CEO, Macsteel

 

CSR programmes are all designed to proactively add value for all our stakeholders, and we are proud, as we continue our journey in this space, as exceptional transformation change agents.

With our Macsteel values in mind, we aim to connect, nurture relationships, collaborate and impact the social fabric of our surrounding communities. We respond to needs by providing resources to organisations with the capacity to effectively empower the wider community. Thus, our main focus areas include economic development, education and capacity building, health & wellness (including sport and recreation), community involvement programme and welfare. 

CSR programmes are all designed to proactively add value for all our stakeholders, and we are proud, as we continue our journey in this space, as exceptional transformation change agents.

With our Macsteel values in mind, we aim to connect, nurture relationships, collaborate and impact the social fabric of our surrounding communities. We respond to needs by providing resources to organisations with the capacity to effectively empower the wider community. Thus, our main focus areas include economic development, education and capacity building, health & wellness (including sport and recreation), community involvement programme and welfare. 

Vision, Mission & Strategic Objectives

CSR Vision

To be a socially responsible organisation involved in the development and upliftment of communities in the surrounding areas in which the company operates.

CSR Mission

To actively contribute to the upliftment of disadvantaged communities surrounding our operations and those communities from which we source our labour, through efficient and effective social investment programmes in both the identified priority focus and geographical areas.

CSR Strategic Objectives

The main objective is to have an impactful CSR strategy for Macsteel that is aligned to:

  • The requirements of BBBEE scorecard targets as informed by the DTI Codes of Good Practice
  • Development needs of society as informed by the local context
  • Industry relevant initiatives
  • Corporate brand reputation
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Our Projects

Usizo Projects

The USIZO Supplier Development Programme is designed to strengthen the capacity of SMMEs across all sectors by offering sustainable solutions to overcome their operational limitations. In addition, the programme promotes gender and racial equalities as well as empowering youth-owned small businesses.

The USIZO Programme provides less stringent access to trade credit for SMMEs, with favourable cash flow terms, in order to bring previously excluded entrepreneurs without collateral into the credit value chain. Job creation and poverty eradication through USIZO’s supplier development programme garnered two awards for Macsteel in 2019. Prior to the USIZO model, no comparable finance product existed to support SMMEs for start-up and early business development. Within five years of its inception, USIZO’s impact resulted in a contribution of over R146.9 million to the economy and provision for 1014 jobs (784 maintained and 230 new jobs created) – simultaneously enabling Macsteel to bring previously excluded SMMEs into the finance value chain.

Now fully integrated throughout Macsteel’s operations, USIZO provides participants with access to funding, industry-related mentoring, and manufacturing opportunities.

The USIZO Programme provides program participants with access to non-financial support through business mentorship and industry-related transfer of skills. In a non-financial capacity, Macsteel collaborates with various business development programmes including Black Umbrellas, Market Access Platform and Lepharo – all enjoying strong business alliances formed from strategic partnerships with Macsteel. Macsteel’s Economic Development strategy also includes linkages: creating links to connect business services with communities and clients.

The USIZO Programme provides access to market opportunities for SMMEs in the USIZO programme. Under the USIZO banner, Macsteel’s innovative Space Renewal Programme enables SMME vendor development and manufacturing opportunities. Numerous space renewal projects have significant social value, bringing suppliers and communities together. Instances include the manufacturing of playground equipment for Children of the Dawn, manufacturing and fabrication of water tank stands for Roundabout Water Solutions and Etafeni Day Care’s security installations. 

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© 2024 Macsteel.
All rights reserved.

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