Service 05
Socio-Economic Development
SED contributions should change something in a community — and be easy to prove. We help you choose initiatives that do both.
What we do
- Set your annual SED target and budget against the applicable code
- Identify credible beneficiaries and confirm the black-beneficiary threshold is met
- Design initiatives with community input — for example education, sanitation and enterprise support
- Draft beneficiary letters, agreements and impact reports
- Align SED with your Social and Labour Plan or sustainability reporting where relevant
Good to know
Under the Generic Codes of Good Practice the SED target is 1% of net profit after tax. Sector codes may set different targets — we confirm the right one for you.
Start the conversation
Not sure where your scorecard stands?
A short conversation is usually enough to identify your biggest risks and quickest wins.