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Network Healthcare Holdings Limited - Netcare included in JSE SRI Index
NETWORK HEALTHCARE HOLDINGS LIMITED
(Co. Reg. No. 1996/008242/06)
Code: NTC
ISIN number: ZAE000011953
Netcare included in JSE SRI Index
Netcare today announced that its inclusion as one of the 51 companies in South
Africa to successfully qualify for the Socially Responsible Investment (`SRI`)
Index launched by the JSE Securities Exchange South Africa (`JSE`) on 19 May
2004 confirms the Group`s dedication to being a progressive South African
corporate, and bears testimony to its commitment and contribution to the
community and the social welfare of South Africa (`SA`).
The SRI Index is the first index of its nature in an emerging market and the
first in the world to be launched by an exchange. The index serves to identify
those companies listed on the JSE that integrate principles of SRI and
sustainability within their business activities. These companies are able to
demonstrate compliance with a broad range of socially responsible goals.
Netcare is proud to have met the required standards and become part of the SRI
Index. The support the Group provides is wide ranging with a deliberate focus on
health and healthcare-related social and community undertakings.
This is particularly evident from the following non-exhaustive list of social
responsibility initiatives:
- the significant time, financial and human resource contributions made
gratuitously by Netcare 911 through providing world class emergency medical
services to indigent patients nationwide;
- sponsorship and support to a number of healthcare education-based
programmes in South Africa;
- participation in the establishment of the Walter Sisulu Cardiac Institute
for Africa (`WSCIA`), a cardiology centre of excellence specialising in
paediatric cardiac medicine, which, through a section 21 company (Not for
profit), strives to reduce mortality associated with congenital heart
disease for all the children of Africa;
- responsibility in relation to the challenges that HIV / Aids poses to civil
society and government in South Africa by offering HIV / Aids services in
the private primary healthcare setting and establishing an Imbizo Project
designed to raise awareness on the impact of HIV / Aids on the individual,
the workplace and the community at large;
- the commitment to Black Economic Empowerment (`BEE`) through several
initiatives to expand BEE in procurement criteria, joint ventures and in
models for equity participation;
- the facilitation of an organ donor register as well as the dissemination of
regional organ procurement skills training to medical personnel;
- the numerous and continuous efforts to establish and develop meaningful
public private partnerships with Government;
- the focus on expanding training and development to improve service levels
and encourage personal growth amongst its personnel, a commitment which
entails substantial investment in nurse and staff training throughout the
Netcare Group and in its Training Academy; and
- in addition to the broad policy-based social responsibility activities, the
endeavours by management within hospitals in the Group to be actively
involved in a wide variety of community based projects throughout our
country.
Netcare`s commitment as a socially responsible South African corporate citizen
is importantly also to ensure that the Group continues to attract and retain
leading medical and healthcare professionals, as well as provide the very best
in patient care and medical technology, so that all South Africans will have
access to world class affordable and quality healthcare for generations to come.
Through this, Netcare is dedicated to good corporate citizenship and will
continue to focus its strategy on being an integral part of building a
sustainable economy and environment that will attract meaningful investment,
create sustainable employment and develop our people.
27 May 2004
Sponsor
Merrill Lynch South Africa
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