Noah

a new generation

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  • Description
  • Proposition
  • Organisation
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Contribution

  • Social Vision
  • Broking for Good
  • Noah Chair

Creating Possibility

According to Genesis 8:5 in the tenth month, Noah and his fellow voyagers could see the tops of mountains from the Ark for the first time, indicating that the flood waters were subsiding and that a new era of growth and development was imminent.

Using this story as our point of departure, each year in October we hold our annual Broking for Good™ day, where the entire net proceeds of the day's trading are channeled to social development projects. Inspired by our desire to make a difference to our country and our fellow South Africans, Broking for Good™ helps us raise funds for specific community development projects that make a tangible, meaningful and sustainable difference in the lives of targeted beneficiaries.

The projects we invest in are philosophically aligned with the Global Millennium social objectives as developed by the United Nations:

  • to eradicate extreme poverty and hunger;
  • to achieve universal primary education;
  • to promote gender equality and empower women;
  • to reduce child mortality;
  • to improve maternal health;
  • to combat HIV/Aids, malaria and other diseases;
  • to ensure environmental sustainability;
  • and to develop a global partnership for development.

Launched in 2003, Broking for Good has grown in stature over the years. In 2004 we partnered with the GreaterGood South Africa Trust, an innovative and accountable non-profit social broking organisation. This relationship ensures

that Broking For Good accesses the expertise and services we require for responsible screening and selection of projects; meaningful funding, and transparency and effective reporting. With GreaterGood South Africa, Broking for Good has been able to leverage significant opportunities to broker relationships between South African NPOs and the corporate and public sectors and we have facilitated the provision of a variety of innovative channels for businesses and individuals to engage meaningfully with the development sector. These are designed to broker relationships between the development sector and the nation by raising awareness of the levels of meaningful engagement for social investment and providing secure, accessible avenues through which the public is able to invest their resources in a brighter future for all South Africans.

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The story so far

Since its inception, Broking for Good has grown significantly with the real success being the positive impact we have had on organisations and communities across the country. The amount of money raised by this initiative has more than doubled each year - an achievement made possible by the generous support we have consistently received from our clients.

2003 - Raised R283,650

Supported:

  • Tersia King Learning Academy in Tembisa
  • Ikamva Labantu Lesedi Factory and Crèche
  • Embizweni Créche and Mokotong Primary School in Soweto

2004 - Raised R801,828

Supported:

  • The South African Red Cross Society - Tsunami Disaster Relief
  • Sparrow Schools
  • The Tersia King Learning Academy
  • The Giving Exchange

2005 - Raised R1,600,000

Supported:

  • Heifer International - South Africa: Food Security
  • Rambuda Secondary School: Providing Clean Water
  • Bolata Youth AIDS Project: Basic Healthcare
  • Early Learning Resource Unit (ELRU): Education
  • Heifer International's Siyazama Group: Building Adult Capacity
  • The GreaterGood South Africa Trust

2006 - Raised R2,500,000

Supported:

  • Siyazigabisa Home of Hope and SAIE: Enterprise Development
  • Malumelele Onwards: Primary Health Care
  • Helderberg Child Welfare: Orphans and Vulnerable Children
  • TREE: Early Childhood Development
  • CCS Maru: Food Security
  • Tersia King Learning Academy
  • The Rainforest Project Room
  • The Noah Chair for Responsible Investment
  • The GreaterGood South Africa Trust

2007 - Raised R5,500,000

Supported:

  • TEBA Development: Food Security
  • Penreach: Education
  • Biblionef SA: Early Childhood Development
  • Irene Homes Protective Work Centre: Enterprise Development
  • DramAide: HIV and AIDS
  • Hantam Community Trust: Basic Healthcare
  • Happy Day Care Centre
  • Tersia King Learning Academy
  • The Rainforest Project Room
  • The Noah Chair for Responsible Investment
  • The GreaterGood South Africa Trust

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2008 - Raised R1 500 000

In 2008 we introduced an election process whereby our clients could vote for various development sectors as represented by our traders. Each trader formed a party to represent different development sectors and then lobbied for support. On a given day, clients and staff voted for the sector of their choice. The 'winning' party was education which means that the majority of the funds will be channeled into related projects during the course of the coming year.

Thank You

Broking for Good is made possible through the continued support of our clients, partners and friends. Without their enthusiasm and commitment we would not be able to make such a substantial contribution to the development of our continent. We are also thankful to our team, who have taken Broking for Good into their hearts and who, in turn, experience the fulfillment that comes with working together towards the greater good of society.

Click on the links below to download reports:

Broking For Good Report back - 2004
Broking For Good Report back - 2005
Broking For Good Report back - 2006
Broking For Good Report back - 2007

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Social Vision

Noah was founded on the conviction that South Africa has a unique destiny and, with the right will, can find inspired solutions to its problems and become an example of positive change. Indeed, it already has.

We know that while circumstances can appear overwhelming, the future is not set in stone. Rather, it can be designed and through consistent intention and action, brought into being.

We have a vision of a thriving and robust future for South Africa and the African continent as a whole. Our determination to make a positive contribution to the rebirth and future prosperity of our country is therefore an integral element of our business philosophy.

Our two primary avenues for achieving this vision are Broking for Good and The Noah Chair for Responsible Investment.

The Endowed Noah Chair for
Responsible Investment at UNISA

In partnership with the Centre for Corporate Citizenship at the University of South Africa, and through the Broking for Good Foundation, Noah sponsors the first ever endowed Noah Chair in Responsible Investment.

Established in 2006, the purpose of the Chair is to advance thought leadership in the field of Responsible Investment, specifically from a developing economy perspective. It is shaping debates and agendas on a local and international, as well as personal and institutional level. Thought leadership will result in influencing education in business studies as well as delivering cutting edge research in the field. An important part of the educational outcome has been to infuse current curricula with key components of the responsible investment paradigm.

The Chair serves as a home base for the professional Investment Community, where they can access expert advice on how to deal with the current, topical challenges of the business world. The Chair is fast developing into a focal point for thought leadership to translate into educational offerings and research outputs to the benefit of broad stakeholders including academia, the corporate sector and international think tanks such as the United Nations.

The first phase in establishing the Chair was to conduct research as to how the South African investment community perceives environmental, social and governance issues and integrates them into investment decision-making and ownership practices. Conducted in conjunction with The UN Environment Programme Finance Initiative (UNEPFI), the "State of Responsible Investment in South Africa 2007" research project was concluded and made public in 2007. It focused on pension funds controlling over R900 billion in assets, and asset managers managing in excess of R2.3 trillion.

The findings included feedback from 19 asset managers, 32 pension funds and 11 investment advisory service providers. For a detailed report on the results of this research, please click on the link below.

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