csr - maritius commercial bank

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A complete CSR description and CSR program of the Mauritius Commercial Bank

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Page 1: CSR - Maritius Commercial Bank
Page 2: CSR - Maritius Commercial Bank

The oldest and largest banking institution of Mauritius

Also the oldest banking institution south of the Sahara

One of the oldest banks of the Commonwealth to have preserved its original

name.The MCB is the only Mauritian bank to be among The Banker's list of 'THE TOP 1000 WORLD BANKS 2008'

Page 3: CSR - Maritius Commercial Bank

•More than 2,000•Employees

•Leading Bank in Mauritius with over

•40% market share •Bank of the Year in 2009

Over 17,000 shareholders A network of 144 ATMs locations.

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CSR is relevant to MCB

Eradication of Absolute Poverty• Association Femme Agricultrice• Purchase of a Button Hole Industrial Machine

Help Vulnerable Children• Association des Malades et Handicapés de L'Est • Setting up of specialised education programme

Education• Together we build your future• Creativity

ENVIRONMENT• Mauritian Wildlife Foundation• Initiative 175

SPORTS• MCB National Youth Championship in athletics• Indian Ocean Games

Building Social Capital

Page 5: CSR - Maritius Commercial Bank

Corporate Social Responsibility (CSR) is the concept whereby companies act to balance their own economic growth with the sustainable social and environmental development of their areas of operation.

In the Mauritian context…The Government of Mauritius has established a policy with the overall objective of mandating registered companies to pay 2% of their book profit towards programmes that contribute to the social and environmental development of the country.

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Eradication of Absolute Poverty

Page 9: CSR - Maritius Commercial Bank

The Eradication of Absolute Poverty

Programme has been set up with the

mandate of addressing the problem of

absolute poverty (household income less

than Rs 5,000 per month) affecting the lives

of around 7000 households (7157 families in

229 pockets of poverty, regrouped in 69

clusters with around 100 families per

cluster). The approach being used is the

Integrated Community Development

approach with the participation of the

private sector and other stakeholders.

Page 10: CSR - Maritius Commercial Bank

The problems of the absolute poor are quite similar in most of the cases and consequently integrated projects for pockets of poverty have the following generic areas of intervention:

•Housing

•Education

•Training and Employment(Adult Literacy)

•Health

•Training in Life skills

•Treatment and rehabilitation of substance abusers

•Public infrastructure(roads, drains, footbridges.

footpaths, playgrounds)

•Public Utilities(Drinking water, electricity, septic

tanks)

•Sports and Leisure

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EDUCATION

As a key role player in the country's economy, The MCB Ltd is committed to the future generation. MCB support many education and life skills programs as they believe that by contributing in the educational sector, they will help in the development of the community for a better future. 

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Education initiative supported by the MCB Ltd: Created in 1999, this wide ranging education scheme covers teachers and parents training programmes, improvement to the physical structure of the teaching environment and the supply of basic school materials in specially deprived areas.

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The main activities are:

Together we build your futureA special programme designed for pre-primary school to support the children during their schooling period. School materials have been provided where necessary and infrastructure works have been carried out in the schools around the country. Teachers have been trained and their skills upgraded during numerous awareness programs. These have been organised with the help of other specialised organisations such as ICR & MPRB.

CreativityHelping the youngsters to discover their hidden talents and abilities and also to adapt them in their school environment.

Page 14: CSR - Maritius Commercial Bank

MCB Rodrigues Scholarship scheme

An annual scholarship awarded to a Rodrigues student and covering all educational and living expenses, at the University of Mauritius for a period not exceeding 4 years. This scheme has been set up since August 2000.

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SPORTS

Teamwork and excellence are qualities that embody the ideal of sport and The MCB Ltd shares these values as a company.

The MCB Ltd has been at the forefront of major sporting activities as sponsor since1978.

Through its sponsorship of sport equipment, training programmes, advertising gifts, medals and cash prizes, the Bank is assisting in the development of sport at grassroots and elite level.

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Major Sport events sonsored by MCB:Tour de L’ile Cycliste 2005

MCB National Youth Championship in athletics

World Women Championships 2006

28th African Junior Tennis Championships

Indian Ocean Games – Jeux Des Iles (2003)

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Other sporting activities usually sponsored by the Bank:Athletics - Regional/National Inter colleges Athletic Championship Badminton - MCB National Junior Championship Boxing - MCB National Cadet Championship Judo - MCB National Championship Swimming - MCB National Championship

 Squash - MCB National Squash Championship

 Tire a L'arc - MCB National Championship Horse Racing - MCB Cup

Page 18: CSR - Maritius Commercial Bank

Vulnerable Children

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Vulnerable Children

Orphanage and many vulnerable children is among main matter of concern in Mauritius. To help in sorting out and reducing these problems, MCB came up with solutions such as:

Bridging the gap between the school and parents to raise awareness on importance of education for the social and economic progress of their children

Ensuring the proper foundation for learning and development of underprivileged pre-primary school children by Centre de L'amitié.

Association des Malades et Handicapés de L'Est - Empowerment of physically & mentally handicapped children through physiotherapy sessions

Educational Support to 12 pre-primary and 8 primary school children of teenage mothers

Setting up of specialised education programme for children suffering from mental deficiencies.

Page 20: CSR - Maritius Commercial Bank

Environment

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Environment

MCB has always shown its strong interest for environmental protection programmes and issues by providing financial support to various associations involved in this sector.

Environmental Activities Sponsored and organized by MCB:Mauritian Wildlife FoundationEnvironmental Management System Initiative 175 -Green, together

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