Philosophy

Cadiz believes that responsible and caring corporate citizenship is a key component of true business leadership and recognises its responsibility as a corporate citizen towards its stakeholders and towards the communities within which it operates.

Business has a responsibility to help meet the needs of society at large and an obligation to step forward and contribute time, energy and resources to better the world in which it operates, a strategy which will also determine its success within that world. As such, the Cadiz Foundation is committed to playing an active role in the development of a market democracy that is characterised by sustainable development.

The purpose of this policy is to document the Cadiz Foundation’s philosophy of corporate social responsibility and to communicate to stakeholders and employees how it proposes to work towards achieving this. In addition, the policy clearly sets out the process and procedures by which the Foundation will select, manage, and support its funded activities. As a company committed to South Africa’s transformation agenda, the current Broad-Based Black Economic Empowerment (BBBEE) transformation guidelines have been taken into account in the development of this policy.