Amended FSC Series FS500
Socio-economic development and consumer education scorecard
The following table represents the criteria and method used for deriving a score for SED and CE
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|
Element |
Target for Foreign branches of International Banks, SAVCA members and Reinsurers |
Target for other Institutions |
Points |
| 2.1 |
Annual value of all Qualifying Socio-Economic Development contributions by the measured entity
as a percentage of NPAT
|
0.7% |
0.60% |
3 |
| 2.2 |
Annual value of all Qualifying Consumer Education contributions by the measured entity as a
percentage of NPAT
|
0 |
0.40% |
2 |
|
Total |
0.7% |
1.00% |
5 |
| 2.3 |
Bonus Points |
|
|
|
| 2.3.1 |
Additional CE contributions made by the measured Entity as a percentage of NPAT |
0.10% |
0.10% |
1 |
| 2.3.2 |
Grant contribution to Fundisa Retail Fund and other similar initiatives |
0.20% |
0.2% |
2 |
For further information you can download the full document.
