THE AVENG COMMUNITY INVESTMENT TRUST was established in 2005 following the empowerment transaction entered into by the Aveng Group. The objective of the Trust is to make funding available to projects and organisa tions aimed at improving the lives of the under privileged. The Aveng Group has committed to investing 1% of head line earnings in corporate social investment activities. Of this, 75% is allo cated to the Aveng Community Investment Trust and the remaining 25% is apportioned to the operating groups in the Company to disburse as they deem appropriate.

The Aveng Community Investment Trust has chosen to focus its CSI strategy by adopting the following principles for funding:
Developmental focus – instead of supporti ng all developmental sectors, the Trust has chosen to target skills development, with specific reference to the skills shortages, in the field of infrastructure development. Programmatic approach – instead of supporting many small projects, which achieves broad but diluted impact, the Trust has decided to select a few flagship project s which would achieve a more profoun d impact. Centralised model – a centr al model allows for a more sustainability impact, scaleability as well as alignment with the strategy. To improve the governance of the Trust, two additional Trustees were appointed during the year.

 The Aveng Group has chosen to invest in projects that demonstrate lasting value to the societies they serve.