Accelerate’s approach to corporate social responsibility (CSR) is intentionally designed to allow the company to be the best operating entity that it can be. We acknowledge the need to conduct our business in a way that generates economic growth for the organisation, creates sustainable social and economic benefit for stakeholders, and protects the natural capital that sustains our way of life.
We acknowledge the important role of the communities within our geographical footprint in maintaining our social licence to operate and, therefore, the need to invest in these communities. We do this through investing in job creation, prospective economic growth provision and infrastructural development in these communities. Accelerate thus demonstrates its commitment to being a responsible and contributing corporate citizen.
We identified four schools with the aim of establishing a supportive relationship and upgrading the infrastructure so that learners can focus on achieving their academic potential. All of these schools are located within Diepsloot, a subsidiary community to our Fourways node.
Muzomuhle Primary School: A primary school with a high enrolment rate, comprising a group of more than 2 000 pupils. Accelerate has approved the building of a new classroom and will provide 90 new chairs and 30 new primary school desks.
Diepsloot West: The school identified the need for four new water storage tanks as replacements for older, contaminated tanks, and two new water pumps. The fund has approved the construction of a vegetable tunnel, which will provide fresh produce to the school.
Diepsloot Secondary no 3: Accelerate upgraded the security at the school by replacing broken windows, door handles and installing new locks on all the doors. Accelerate has also approved the provision of school uniforms for a number of pupils, and funding for matric jerseys.
Diepsloot Combined School: The school identified the need for 100 new desks and chairs, and eight new parking bays for teachers, the funding for which Accelerate has approved. Routine maintenance on plastering and painting has also been approved.Download the B-BEE report.