Corporate Social Responsibility
Ever since inception, the company has always been committed in providing voluntary support to nongovernmental organisations (NGOs) and sponsorship to individuals and associations for the promotion of education, arts and culture and sports activities. Other companies within the group have also individually contributed to fulfil their social responsibility. Our subsidiary, Caudan Development has provided free spaces in the mall for local crafts, exhibitions and cultural and sports events with a view to promote empowerment.
The commitment of the group towards corporate social responsibility was further strengthened with the incorporation of Caudan Communauté, a special purpose vehicle (SPV) which was incorporated in 2010 to implement the specific CSR programme of the group. Its main responsibilities consist of financing and working closely in partnership with all stakeholders of the community: the public through NGOs engaged in social work, other foundations which have similar objectives and the authorities, namely the national corporate social responsibility foundation (NCSRF).
The management of Caudan Communauté has been entrusted to a committee composed of representatives of the group to translate the philosophy and vision of the group in all CSR activities. The field of intervention of Caudan Communauté is as follows:
- promotion of socio-economic development, including poverty alleviation and the improvement
of gender and human rights;
- promotion of development in the fields of health, education and training, leisure and environment;
- intervention and support during and following catastrophic events; and
- undertaking or participation in programmes approved by the NCSRF.
Since its operation, Caudan Communauté has contributed in the following areas namely:
- support to vulnerable groups: children, women in distress and handicapped;
- Education: literacy programmes and training;
- Health: support to the rehabilitation of patients suffering from mental disorder, inadapted children and fight against AIDS;
- Human values: fight against corruption;
- Arts and culture: opportunities for development of talented musicians;
- Sports: promotion of sports events;
- Environment: creation of green spaces outside the work place; and
- Empowerment of women and children;
As from this financial year, 50% of the CSR fund (representing 2% of the chargeable income derived during the preceding year) must go directly to the Mauritius Revenue Authority (MRA). This measure has reduced the leeway for engaging with NGOs and social partners.
During the year ended June 30th 2018, an aggregate amount of around MRs610,000, representing 50% of the CSR fund was entrusted by the Group to Caudan Communauté (2017: MRs376,000).
Highlights of the CSR programme during the year under review:
- child care centres’ monthly costs for children of eligible employees;
- Action for Integral Human Development – project of ‘Centre D’écoute’ in colleges;
- ‘Mouvement Civique Baie Du Tombeau’ – Day care centre for the training of teenage/young single mothers; and
- ‘Association pour l’accompagnement, la Réhabilitation et l’insértion Sociale des Enfants’ – Educational Outreach project.