In 2012 Leaf Capital established a trust to acquire and hold investment interest for the benefit of historically disadvantaged individuals directly or through projects. The aim is to advance and promote broad-based BEE in each investment that is made. The project aims to assist previously disadvantaged persons through the provision of an annual financial contribution which they may then use to improve their lives in the manner beneficial to them.
The trust is certified as a Broad Based scheme in terms of the BEE codes and has appointed an independent chairperson to ensure due process. Black ownership remains constant at 100%. The trust empowers its partners by creating opportunities for the employees to be appointed as beneficiaries.
The beneficiaries of the trust are historically disadvantaged employees of Leaf Capital and its underlying investments. They are selected based on the trust’s investments selection criteria and their relationship with heir employer.