ECIC IR 2023

Integrated Report 2023

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ECIC Value Creation Process

Key Performance Indicator

Inputs

Outputs

Risks

Outcomes

• Socio

• Bursaries offered for

• Competition • Damage to reputation / brand • Negative social

• Maintain

• Increased brand awareness • Transformation and capacity building • Protection from reputational damage • Positive impact on skills shortage and job creation • Relationship with key stakeholders improved • Long-term sustainability • Evolving business model to meet stakeholder needs





Economic

B-BBEE Score: Level 1 (2022: Level 1) • Culture Entropy Score: 26% (This is the first

Development: R7 million (2022: R14 million) • Tax paid: R99 million (2022:  R19 million) • Appointment of ESG Specialist • Implementation of Transformation Strategies

South African Actuaries Development Programme and

impacts that are linked to insured projects

Thuthuka Education

time being measured) • Corporate

Upliftment Fund Bursaries: R4,6 million (2022: R1 million) allocated to  EME service providers (2022: R8,6 million) allocated to  export oriented SMMEs (2022: R6,6 million) • Approved ESG Reporting Framework • Number of black-owned fund managers: 5 (2022: 5) • Number of black woman • R2,8 million • R1,4 million allocated to  black-owned fund managers: R2 billion (R2,1 billion) allocated to  black woman owned fund managers: • Total funds owned fund managers: 1 (2022: 1) • Total funds

Reputation  Index

Performance (CRIP) score: 77% (2020: 81%)

Social and relationship capital

R242 million (2022: R221 million)

YOUR EXPORT RISK PARTNER

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