OUR CORPORATE SOCIAL RESPONSIBILITY ETHOS
The Summit ethos embodies the ideals of the spirit of economic and social reform in South Africa. As a corporate citizen we feel it is important to not only focus on economic returns but also social impact through sharing our skills and resources and engaging in investment practices which encompass the triple bottom line – people, planet and revenue.
Summit believes the only way to improve the livelihoods of individuals in South Africa and other African countries is to provide the necessary tools and skills that serve to empower, educate and make a difference in the lives of those around them. If the correct building blocks are put into place, this could in turn help improve the economy of the state. Our modis operandi is to empower individuals as opposed to giving handouts.
Our Corporate Social Responsibility focusses on the development of woman and children through projects which can make a lasting and positive difference in the lives of these beneficiaries in the area of education and the upliftment and development of woman and communities. READ MORE >
ESG, TRANSFORMATION AND DEVELOPMENT
We cannot underplay the significance of Transformation on the South African Economy. Having conducted business in 33 countries across Africa, we are well aware of the discrepancies in the distribution of wealth on the continent and part of Summit’s key investor objectives is the business transformation of the communities and sectors in which it participates. READ MORE >
DEVELOPING THE PRIVATE EQUITY AND REAL ESTATE LANDSCAPE IN SOUTH AFRICA
Research performed by Riscura/ SAVCA in 2016 shows that South African Retirement Funds have the lowest asset allocation to alternative investments outside of Botswana. In addition, the Property Sector Charter State of Transformation Report shows that the South African Property sector is still lagging its targets in the areas of Ownership, Management Control, Employment Equity, Skills Development, Preferential Procurement and Economic Development. READ MORE >