More companies have begun to incorporate socially responsible principles into their operations. This proves that there is more awareness of the importance of sustainability for corporations. By and large, this will allow companies to proactively address potential issues that can constitute a threat to the business and community at large.
- There is more need for companies to prioritize socially responsible practices.
- This must also be followed by a continuous re-evaluation of CSR programs to improve them.
Top ten socially responsible businesses in Tanzania
In this article, we will consider ten Tanzanian enterprises that stand out for their socially responsible initiatives in the country.
1. I&M Bank Tanzania
I&M Bank undertakes a yearly Corporate Social Responsibility program to fund various projects and activities. The bank contributed over TZS 5 million to fund the malaria prevention campaign for children with disabilities.
Also, I&M Bank contributed to the construction of a new girl’s only secondary school in Kisarawe District. The bank also agreed to build a TZS 20,000,000 library for the school.
2. Art in Tanzania
Art in Tanzania undertakes a corporate social program that focuses on creating and maintaining ties with businesses to foster greater social and environmental responsibilities. To this end, interns are employed to perform research and find opportunities for both local and multinational organizations to engage in CSR. This helps to build a grasp of the corporation’s present business strategy and analyze whether or not they are having a detrimental societal impact.
Afterward, the information strategy is used to develop new initiatives such as integrating Colgate in an oral hygiene campaign for African children or TWIGA Cement Factory in a tree planting effort.
3. Australia for Cedar Tanzania
Australia for Cedar Tanzania has received an award for its mushroom project. The corporation’s first Smart Farming endeavor was the installation of mushroom farming. This involves mushroom cultivation, drying processes, business knowledge, and export agreements.
Presently, the organization is addressing a variety of social, economic, and environmental issues with this project. Australia for Cedar Tanzania offers specialized training to vulnerable groups such as young women, individuals with impairments, and their family members. By and large, participants receive hands-on instruction in both the agricultural and commercial elements of owning and managing a mushroom farm.
4. Mantrac
Mantrac seeks to empower communities and businesses across the globe. Hence, the corporation works hard to encourage the growth of each market in which it operates.
Also, Mantrac assists in the construction of homes for the poor, the care of orphans, and the provision of clean drinking water to rural villages. Other socially responsible initiatives include supporting nonprofit medical organizations that perform research, contain outbreaks, and increase medicine access in communities.
5. GT Bank Kenya
GT Bank Kenya adopts a socially responsible strategy that focuses on four essential pillars to achieve maximum impact and sustainability. They are Community Development, Education, Environment, and Health. To contribute to a cleaner world, the bank conducts an environmental clean-up exercise at Regent Estate, the bank’s location.
Furthermore, GT Bank provides public trash cans to the Ward Council in the region. This helps to guarantee that the environmental cleanliness attained does not end with a one-day exercise.
6. UAP Tanzania
Social responsibility initiatives in UAP Tanzania seek to empower and elevate its communities, workers, and consumers. By and large, the company’s Care & Share campaign is intended to illustrate the potential of a responsible business by assisting communities. This encourages employees and businesses to give various items that will benefit those in need.
The company is also working toward making a difference in the areas of financial education, health, and the environment. These pillars help to guide its Care and Share program initiatives, which the company expands on an annual basis.
7. UPS
UPS has a long history of donating its time, talent, and technology to help and enhance communities all over the world. The corporation works with partners to help individuals plan for and prepare for unexpected situations.
Also, UPS provides relief when it is most needed, providing logistics expertise, cash, and in-kind assistance to catastrophe victims. The corporation adopts a culture that encourages community involvement. This allows UPS to channel its combined efforts in ways that make a significant difference throughout the world.
Overall, the corporation in 2020 committed to completing 20 million hours of global volunteerism and community service. UPS’ global reach and optimized network in more than 220 nations and territories enable the corporation to give aid and assist in the rebuilding of communities devastated by natural and human-caused disasters.
8. SAP
SAP’s Corporate Social Responsibility team identifies three pillars for making an impact. This comprises accelerating social business, developing future capabilities, and partnering for sustainability.
The corporation also offers on-site and virtual pro bono consulting programs to its 100,000 employees. This assists social entrepreneurs in their path to becoming more efficient and corporate-ready for supply chain integration. Also, SAP enables social companies to penetrate new B2B markets by promoting the social procurement movement.
9. Orange Business
Orange Business seeks to promote more environmentally friendly digital technology and is making every effort to limit its CO2 emissions. In 2020, the enterprise established the Green Act program to encourage the entire organization and its stakeholders to incorporate environmental initiatives into their operations and actions.
By and large, over 70% of Orange Business personnel have completed GDPR training. Also, professional training is available to both students and professionals, with a focus on digital expertise in data and AI, cybersecurity, management, and soft skills. Orange Business Data School focuses on the emerging fields of data engineering and data science, which has employed 40% of women.
10. Bayport Financial Service
In January 2012, Bayport Tanzania launched its “Bayport Books for Schools” campaign. The corporation selected 20 schools in 20 districts to donate textbooks. Altogether, each of the ten primary schools received 40 Grade 1 textbooks for Math, English, and Science. Also, ten secondary schools received forty Form 1 Math and English textbooks, as well as two atlases.
Bayport Financial Services contributed TZS 20 million to the renovation of Kigoma’s Airport Primary School. This is the highest contribution ever made to a single school in Tanzania by any microfinance organization (or private enterprise).
Conclusion
As shown above, there is more need for companies to prioritize socially responsible practices. This must also be followed by a continuous re-evaluation to improve CSR programs. Now more than ever, businesses must work to meet customer and stakeholder expectations, impact local communities and contribute to a more sustainable future.
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