Corporate and social repsonsibility
We are proud to present the inaugural Standard Bank Namibia Holdings Limited (Standard Bank) Sustainability Report. The report provides insight into our sustainability performance for the year ended 31 December 2015.
Contributing to the improvement of the socioeconomic circumstances of the communities in which we operate; enhances our corporate reputation, contributes positively to the morale of our people, and demonstrates that we are locally relevant and responsive to social and economic imperatives. We view CSI an integral part of how we do business. This report covers the CSI initiatives of Standard Bank Namibia Holdings Limited (Standard Bank).
With a record-breaking contribution of N$500 000 the “Standard Bank Buy-a-Brick Initiative” was launched as our first flagship corporate social investment initiative. The initiative aims to alleviate poverty and housing shortage in the country through the sale of token bricks in the form of erasers - N$5 per “brick”, the initiative aims to mobilise the private sector and the public in raising funds required by the federation to build affordable housing for disadvantaged Namibians. The token bricks are being sold as erasers as it symbolizes the Bank’s efforts in erasing poverty in the country and communities. Interested corporates and public can buy the “bricks” by completing an order form at their nearest Standard Bank Branch from the 13th of October. All the proceeds raised will go towards the Shack Dwellers Federation of Namibia.
Forum for African Women Educationalists in Namibia – (FAWENA)
The bulk of Standard Bank’s CSI budget went to education through close links with the Ministry of Education through the Forum for African Women Educationalists in Namibia FAWENA and the Academic Excellence programmes. These mutual partnerships are geared towards advancing education in the country. FAWENA received a sponsorship of over N$2 million for educating over 1000 Orphans & Vulnerable Children, while Academic Excellence which caters for exceptional academic learners got an investment of N$1.3 million over a period of 5 years.
UNAM Visual Arts
In the continuous effort to strengthen the relationship between the University of Namibia and Standard Bank Namibia an amount of N$115 500 was once again sponsored to the Visual Arts Department in 2013. About N$60 000 was offered as bursaries to 22 art students, while N$55 500 was channelled towards different educational activities within the Department. Standard Bank Namibia believes that art is important for the youth as it is a forum for safe expression, communication, imagination, cultural and historical understanding.
As an early Christmas gift, Standard Bank Namibia and its subsidiary Liberty Life, Namibia donated a brand new bus worth N$365 000 to the Hope Village orphanage in Katutura. This new 19-seater Fiat Ducato Bus is equipped with all the necessary safety features and certainly was beneficial to the organisation's programmes and activities. This welfare organisation caters for close to 100 orphans and vulnerable children and has been at the heart of Standard Bank Namibia’s CSI since 2008. Standard Bank Namibia is proud and grateful to be making a positive difference in the lives of Namibian children.
Skin Cancer Prevention
Skin cancer is the most prevalent cancer in Namibia. It is in view of this that Standard Bank Namibia has for the 10th consecutive year backed up the Cancer Association of Namibia (CAN) for the “Save Your Own Skin” Campaign. With a sponsorship of N$120 000 CAN aims to raise awareness amongst Namibians about the dangers of skin cancer and how to protect themselves. The funding is also used for providing sunscreen to all Namibians at affordable prices.
With the 17th edition of the CLaSH Calendar, Standard Bank Namibia was proud to give back N$105 000 to the Association for Children with Language, Speech and Hearing Impairments (CLaSH). The majority of the funds were used for the production of the 2014 CLaSH Calendar, while some of the funds were allocated for certain outreach programmes. Our partnership with CLaSH dates back to 1995.
In an effort to assist in providing basic medical care to disadvantagedcommunities of Tsumkwe in the Otjozondjupa Region, Standard Bank Namibia contributed N$300 000 to the Hochland Roundtable 154 Medic RUSH. The funds were put to good use by promoting healthcare and also establishing a much needed mobile clinic.
San Development Trust
Once again Standard Bank Namibia has come on board with an investment of N$100 000 to the San Development Trust, administered through the Office of the Prime Minister. This trust was established in2005 and through various collaborations aims to address the plight of the San community.
Red Cross Society
Drought and flood relief are two environmental concerns facing our country. In light of this, Standard Bank Namibia invested N$100 000 to the Namibia Red Cross Society in addressing national disaster operations in the country. We are proud to be associated with the Society for the past six years in making a change in the lives of our people.
Women of Excellence
Charity is not only about giving but also acknowledging those that make a difference in society. With a total sponsorship of N$100 000, Standard Bank Namibia recognised Michelle McLean of the Michelle McLean Children Trust, Patricia Sola of the Hope Village Initiative Project, Esme Coetzee of “Step out of Poverty through Encouragement, Education and Support” (S.P.E.S.) Charity, Regina Kondombolo from Hephata Project and Lize Leandra-Ann Ehlers of Uyelele.
Gaining entrepreneurial skills is the key ingredient to any young individual’s ambition for success. It is against this background that Standard Bank Namibia gave a boost of N$180 000 to Pearson Namibia for the promotion of entrepreneurial skills development amongst Grade 10 learners in Namibia. The social issue of high youth unemployment motivated Standard Bank Namibia to sponsor N$240 000 to the Katutura Youth and Enterprise Centre (KAYEC Trust). This generous sponsorship enabled KAYEC Trust to purchase start-up toolkits which has in turn given the Ondangwa vocational graduates a head start in setting up their own businesses.
The KAYEC Trust offers various fields of study such as brick laying, metal work, welding, carpentry, plumbing and electrical engineering. “I’m excited about the toolkits because now I run my own business and support my family,” said Paulus Mvula a graduate who is running his own welding business in the north.