Socio-Economic Spend

The Lewis Group is committed to direct and indirect financial investment in socially responsible initiatives and activities, and allocates funds throughout each financial year for this specific purpose. Direct financial investment involves finance-approved projects and indirect investment involves a contribution in kind (e.g. resources, merchandise, materials) for a project.

Our target is to budget 1% of our group after tax profits for Socio-Economic Development initiatives – to be achieved progressively in terms of approved projects. The Socio-economic development spend is reviewed each year and is approved by the Board of Directors and Lewis Group has consistently achieved a 100% score for the BBEEE Audit each year.

The group does not fund International Programmes and Institutions. We will consider requests where beneficiaries are customers of a store.