Corporate Social Responsibility
Ever since inception, the company has always been committed in providing voluntary support to nongovernmental organisations (NGOs) on request and sponsorship to individuals and associations for the promotion of education, arts and culture and sports activities. Other companies within the group have 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 sporting events with a view to promote empowerment.
The commitment of the group towards corporate social responsibility was 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 committee (NCSRC). 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 promotion of socio-economic development, including poverty alleviation and the improvement of gender and human rights;
- The 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 NCSRC.
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;
During the year, the highlights of the CSR programme have been the sponsorship of:
- child care centres’ monthly costs for children of eligible employees;
- Business Mauritius which has provided some support to the victims of the flood which occured
in the North; and
- the Lois Lagesse Trust Fund (school for the blind) in upgrading its infrastructures and water proofing works.