Pick n Pay 2012

Sustainable Living Report 2010 / 2011

Issue link: http://www.pads.eezeepage.co.za/i/65841

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Page 51 of 59

Supporting communities in their contribution to change Meeting our vision of being South Africa's favourite and most respected retailer depends on our ability to build trust through community support and engagement. Partnering with communities also helps us to diversify and develop our supply base through enterprise development. This is why working with communities and building social capital is part of how we do business One of the biggest challenges facing our communities is unemployment. When jobs in the formal sector are decreasing, the ability to generate an income through small enterprises is of utmost importance. While many areas of our business engage in community projects, the Ackerman Pick n Pay Foundation is at the core of these initiatives. Progress and challenges: • Small Business Incubator success in enterprise growth and job creation. • Ackerman Pick n Pay Foundation partnership with Technical Division to integrate small businesses into our supply chain. • R54,4 million contributed to CSI initiatives. 52 Sustainable Living Report 2010 / 2011

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