Social Responsibility - 2010

Evraz Highveld transformation and social responsibility is intrinsically linked. The transformation policy aims to develop Evraz Highveld’s corporate structure to be reflective of the country’s demographics and to ensure that the effects of Evraz Highveld’s transformation are also reflected in the communities within the sphere of Evraz Highveld’s operations. External projects target the economic empowerment of communities, on both social and business levels, through education, health, housing and supply chain initiatives.

Transformation projects are aligned with legislative and prescriptive measures aimed at achieving accurate demographic reflection in organisations. These include the B-BBEE Act and the Broad-Based Socio-Economic Empowerment Charter for the South African Mining Industry.

2010 saw the identification of transformation as a key priority for the business, and to verify its BEE status, the Company was externally assessed as being a Level 8 contributor. It is anticipated that a significant improvement in its contribution level will be evident when it is verified again in April 2011. As a demonstration of its commitment to transformation, a transformation manager was appointed to help drive this process.

2011 will see a fully-fledged Transformation Division established to focus on the implementation of B-BBEE and the new Mining Charter. A revised transformation strategy and implementation roadmap with systems to monitor performance against targets will also be developed. The Social and Ethics Committee, previously the Transformation Committee will continue to ensure that programmes are developed and implemented to effect transformation.

Evraz Highveld’s Social Responsibility Programme is coordinated by the company secretary and the transformation manager. The programme encompasses Corporate Social Initiatives – in the form of donations and charitable contributions, Socio-Economic Development (SED) – in line with B-BBEE requirements, and various community development initiatives in our mining communities. This Social Responsibility Programme is for both the Steelworks and Mapochs Mine business units.