Schréder - Sustainability Report 2020

Sustainability

Initiatives in South-Africa In South-Africa, BEKA Schréder, our local entity, places a strong emphasis on education. This is an important concern in a country where a broken and unequal education system is perpetuating poverty and inequality. In South Africa, every company is rated according to the B-BBEE 21 scorecard. Generally, compliance levels determine participation in the economy and public tendering. BEKA Schréder decided to go beyond the B-BBEE checklist. In 2020, the following programmes were implemented. 1. Higher education Bursaries   One external bursary (a Bachelor of Commerce Financial Science)   Three internal bursaries (a Bachelor of Commerce Degree - General and two diplomas in HR management)

3. Adult Basic Education and training (ABET) Available to adults who want to finish their basic education (literacy and numeracy)   Internal learners: 3 staff members   External learners: 20 unemployed learners 4. YES (Youth Employment Services) 22 programme   We have enabled 15 previously disadvantaged young people to gain quality work experience over a 12-month contract period (Oct. 2019 - Oct. 2020)   Two additional bursaries of a year were awarded

2. Learnership, Apprenticeships, Internship (LAI’s)   Internal learners: 11 learners on

(21) Government policy to re-address the inequalities of the past in the political, social and economic domains. The fundamental objective is to advance economic transformation and encourage the economic participation of black people in the South African economy. (22) YES is an NPO, initiated by Pres Cyril Ramaphosa to tackle youth unemployment and skills development by creating one million new jobs

manufacturing and assembly logistics   External learners (unemployed learners with disabilities): 7 learners on IT End User

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