Corporate Social Investment Print
 

Blue IQ recognises its responsibility as a corporate citizen toward its stakeholders and the
community/environment within which it operates. Corporate Social Investment (CSI), as a
major cornerstone for good corporate citizenship, forms an integral part of BEE
transformation, corporate accountability and good governance and is intrinsically linked to
Blue IQ Investment Holdings’ (BIQIH) stated objectives.

  • CSI strategic criteria
  • Funding projects that have a logical fit with the mission and vision of BIQIH
  • Engaging the full array of organisational resources, in an appropriate manner
  • Considering CSI activities at all levels of the organisation
  • A function that is driven by the company’s corporate mission
  • Regularly evaluated and updated where required.
  • For BIQIH, CSI encompass projects that are external to the business or outward
    looking, projects undertaken for the purpose of uplifting communities in general
    and those which have a strong developmental approach. It also includes projects
    with a focus on social, developmental or community aspects where the investment
    is not primarily driven as a marketing initiative.
     
    CSI AREAS AND POLICY
    Following the mandate of the Province, BIQIH renders support in four key areas:
  • Job creation & local economic development
  • Poverty alleviation 
  • Innovation & education
  • Sport & recreation
  • Our policy is to focus our funding and involvement in those communities that are
    directly involved with the company’s objectives and operations. In addition, we
    approach all CSI projects in a consultative manner to promote self-sufficiency in the
    communities within which we operate. Finally, we are committed to managing the
    impact of the company’s relations with the community and the environment according
    to ethical principles.

CURRENT CSI PROJECTS 


Smart Young Mindz

Smart Young Mindz is a Corporate Social Investment Programme of Blue IQ and its partner, the Gauteng Department of Education (GDE) and The Sowetan, together with the Sowetan's Aggrey Klaaste Foundation.  It focuses on developing the youth of today, to become tomorrow’s scientists, inventors engineers, entrepreneurs and future leaders in professions that require maths & science as a basis.  A series of programmes and projects has been lined up by the GDE to actually increase the number of engineers in the country and Smart Young Mindz is one such
project. The Gauteng Government needs a strong supply of appropriate human capital, meaning that we require the kind of workers that will help grow us as a ‘smart province’ visit website

Care2Share
  

·         The Care2Share initiative provides ease of use for both donors and social welfare organisations and improves the lives of those in need across Gauteng. Care2Share has been designed to assist in poverty relief and social development through matching those in our communities who are willing to share, with those in need.

Through the use of Information, Communication and Technology (ICT), the Care2Share initiative creates an enabling environment for the easy flow of information, goods and services. By using BIQ’s ICT infrastructure, namely Blue Catalyst and The Innovation Hub, an internet-based portalhas been created that can be accessed by both individuals and registered charitable, religious and
non-governmental organisations within Gauteng.

The portal serves as a central point for matching donated items, with the specific needs of charitable organisations. As such the needs of those less fortunate in our communities will be effectivelymatched with donated commodities as registered on the Care2Share portal.

         The benefits of Care2Share:

  • The Care2Share initiative provides ease of use for both donors and social welfare organisations and improves the
    lives of those in need across Gauteng.
  • It provides a caring, sharing platform, for the citizens of Gauteng to engage each other, assist in poverty relief and
    maintain the dignity of those in need.

    visit website
Blue IQ City2City Ultra Marathon
  

Gauteng: Home of Champions

Gauteng has long been touted as the Home of Champions. Our claim to being South Africa's home of champions has again been reaffirmed by the crowning of SuperSport United and Mamelodi Sundowns as the Premier Soccer League champions and the Nedbank Cup respectively. Our strategy to host competitive sport will receive a further boost next month when we host UEFA and English League champions Manchester United during the Vodacom Cup Challenge. This year's Vodacom Challenge tournament seems to be generating interest beyond the borders of South Africa. A number of English football fanatics are reportedly planning to travel to South Africa to support Manchester United.

The hosting of other major events this year will showcase our province and provide much needed support for the development of sport. These events, including SoccerEx and the Confederation Cup in 2009, will provide an opportunity to hone our skills to host major events ahead of the Soccer World Cup in 2010. Next year we will welcome teams that will be participating in the FIFA Confederations Cup including Espana, the newly crowned European champions. These high level international events help to enhance the socio-economic growth of our province and create a lasting impression of the province's global competitiveness.  The City2City marathon will compliment these events and ensure that on a year to year basis we are able to attract more and more runners to our Province.

Endurance running

Endurance running is currently highlighted by two ultra-marathons, both of them world-renowned events. The Comrades Marathon is run annually between the capital of Kwazulu-Natal, Pietermaritzburg, and Durban. The distance can vary slightly from year to year, but it usually is in the region of 90 kilometres. The race attracts approximately 13 000 runners, and the route is lined by great numbers of cheering supporters. Since the introduction of prize money, the Comrades has also drawn some of the world's top ultra-distance athletes.

SA's second ultra-popular ultra-marathon is the 56-kilometre Two Oceans Marathon. Its greatest draw card is an extremely picturesque route that winds along the coastline surrounding Cape Town. The Two Oceans, like the Comrades, also manages to pull top professionals from overseas.

The Blue IQ City2City Marathon hopes to attract scores of runners not only from within our provincial borders but also runners nationally and internationally. The intention of the race is not to compete with any of the other long distance endurance races but rather to compliment them in making SA a sports tourism destination.

The 50km distance makes it the third longest distance after the Two Oceans and Comrades races. Its prize money of R1.3million however makes it the riches ultra marathon challenge in Africa. Many national and internationally acclaimed ultra marathon runners have already expressed their interests in taking part in this race.

City2 City envisioning the Global City Region

The race between Tshwane and Johannesburg also ties in with the Global City Region vision, as expressed by the Gauteng Provincial Government. While this year’s inaugural race is between two major metropolitan areas within the province, future races will see the inclusion of Ekhuruleni and other centres as well.

Heritage, Culture and Sport a winning recipe for City2City

The marathon held in September is also a deliberate attempt to build on the activities being planned for heritage Month.  The City2City Ultra Marathon is not only about running but also about people from diverse communities and lands coming together to share in the joys and tribulations involved in this endurance race. It also about showing the connectedness of the major metropolitan areas in the Province, in people, technology and infrastructure.

Blue IQ and City2City Sports Tourism

The City2City marathon is also a prelude for Blue IQ into Sports Tourism. This is a recent mandate being given to Blue IQ to investigate different sporting interventions that can be used to inject additional growth into the economy.

Sport tourism is a multi-billion dollar business, one of the fastest growing areas of the $4.5 trillion global travel and tourism industry. By 2011, travel and tourism is expected to increase by more than 10 percent of the global Gross Domestic Product (GDP). The economies of cities, regions and even countries around the world are increasingly reliant on the visiting golfer and skier or the travelling football, rugby or cricket supporter. In some countries, sport can account for as much as 25 percent of all tourism receipts.

Sport tourists are passionate, high-spending, enjoy new sporting experiences and often stimulate other tourism. Their direct benefit to a destination is cash - their indirect benefit can be years of follow-on tourists. Sport tourism as a tool, can achieve many things – grow the economy, create thousands of new jobs and even help change cultural perceptions.

World-class venues and supporting infrastructure, top international events, and Gautenger's passion for sport combine to make the province a huge draw-card for sports fans. More than 10% of foreign tourists come to South Africa to watch or participate in sports events, with spectators accounting for 60% to 80% of these arrivals. Gauteng being the Home of Champions needs to capitalise more on these figures and with events such as the City2City marathon, it can begin to just that.