The Northern Cape Shared Value (NCSV) project was a collaborative corporate social investment initiative commissioned by four mining companies operating in JTG District and Tsantsabane, Northern Cape: Assmang, Kudumane Manganese Resources (KMR), Kumba Iron Ore and South 32.
Monitor Deloitte, Synergy, Assmang, Kudumane Manganese Resources (KMR), Kumba Iron Ore and South 32
A ‘shared value’ approach acknowledges that the socio-economic health and well-being of business and communities are interwoven: no business can thrive when the communities it operates in, its employees and their families, its suppliers, and the surrounding environment are not thriving. The shared value approach prompts business to collaborate with, not to duplicate, government’s existing development agenda and framework and to engage and integrate with any stakeholders concerned with sustainable development and transformation, including civil society and community members themselves.
The objective of this process was to build relationships with key role players in the targeted municipalities, to test the appetite for collaboration amongst a range of stakeholders, to build a share vision of what it looks like when it’s fixed for Northern Cape Shared Value and to begin to define mandates and opportunities for future shared value projects.