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ESG REPORT 2024

Delivering Value with Impact

Summit Africa’s 2024 ESG Report sets out a disciplined ESG and impact management architecture—anchored in gender equality, transformation, and climate action—while evidencing delivery of financial value alongside measurable social outcomes.

By the close of the Fund’s investment period on 30 June 2024, the portfolio comprised 11 companies across target sectors, including three 2024 additions: LifeCheq (maiden ICT services investment advancing financial advisory technology), LRMG (education and skills development), and St Mary’s Hospital, Mthatha (expanding affordable peri-urban and rural care), alongside a follow-on in Crestcare to commission an 84-bed hospital in Malmesbury.

The report highlights sector progress: NGI secured ~R38m in bursaries enabling 738 disadvantaged students; Crestcare Zoutpansberg more than doubled patient volumes; Efficient Group lifted institutional AUM by over R1bn and broadened inclusion; and LifeCheq targets 50,000 clients in the low- to middle-income segment.

It also details strengthened OPIM-aligned processes, wider adoption of Summit’s Governance Toolbox, an enhanced ESMS toolkit, and an upgraded Impact Report Card tracking job creation, community upliftment, and transformation. With investment now complete, focus shifts to portfolio optimisation and exit readiness amid early third-party interest.

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