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Introduction
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| » The Nelson Mandela Children's Fund |
| » The Green Trust |
| » The Sports Trust |
| » The Arts and Culture Trust |
2008 HIGHLIGHTS AND HAPPENINGS
- During the year under review Nedbank added nearly 140 000 new and existing clients to the Nedbank Affinity programme, which exceeded the growth targeted for 2008.
- Despite the difficult economic times, the total amount donated to the various affinity trusts grew by 17% in 2008 to R11 323 million (2007: R9,6 million).
SUSTAINABILITY GOALS 2009
- Grow donations to the various trusts and funds to R12 million in 2009.
THE NEDBANK AFFINITY PROGRAMME
Offering support to a range of community and environmental causes, the Nedbank Affinity programme comprises the following four affinities:The Nedbank Children’s Affinity – supports needy children in partnership with the Nelson Mandela Children’s Fund.
The Nedbank Green Affinity – supports conservation and the environment through contributions to The Green Trust.
The Nedbank Sport Affinity – promotes sport development in partnership with The Sports Trust.
The Nedbank Arts Affinity – enhances and preserves South Africa’s cultural heritage through the Arts & Culture Trust.
Nedbank clients are given the opportunity to support the affinity of their choice by opening an affinity-linked savings account, credit card, or cheque account, or taking out short- term insurance with Nedbank.
Depending on the product chosen, Nedbank then donates a percentage of the client’s spend or a fixed amount per transaction to the affinity he or she supports.
These donations are not at the clients’ expense, but are made by way of Nedbank sacrificing a portion of its profit margin on the products concerned. The more a client uses his or her affinity products, the more Nedbank donates to the relevant affinity.
| Product | Donation mechanism |
| Credit card | A percentage of every purchase is donated to the trust/fund, at no cost to the client. |
| Cheque card | A fixed amount is donated per purchase transaction, at no cost to the client. |
| Savings account |
On opening this account, a donation is made to the trust/fund. A further donation is based on the daily credit balance. All at no cost to the client. |
| Chequebook | When a new chequebook is ordered, a donation is made to the trust/fund, at no cost to the client. |
| MyCover Platinum |
When a MyCover Platinum short-term insurance policy is taken out, a donation is made to The Green Trust, at no cost to the client. |
| This page was updated on 28 June, 2009 |  Return to top |
