1 / 18

Social Responsibility and the triple bottom line

Dr Meshack Khosa General Manager: MTN Foundation 28 JULY 2005. Social Responsibility and the triple bottom line. MTN’s Commitment to Development and Empowerment.

corbin
Download Presentation

Social Responsibility and the triple bottom line

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Dr Meshack Khosa General Manager: MTN Foundation 28 JULY 2005 Social Responsibility and the triple bottom line

  2. MTN’s Commitment to Development and Empowerment • “Whilst we make a profit, it is our responsibility to be a contributor to the development and sustainability of the communities we touch and interact with.” Phuthuma Nhleko, CEO MTN Group

  3. What is Triple-Bottom Line? • A triple-bottom-line report discloses three interrelated organizational imperatives • economic prosperity, • environmental integrity • and social contribution

  4. MTN Group Revenue and Profit

  5. The role of private sector in development • Private sector is a key partner contributing to development through funding, expertise, and can mobilise additional local and international resources • Private sector can use its investment portfolio in line with national developmental priorities • Private sector is a creator of jobs and providing incomes to society • Private sector has national license obligations in addition to being a tax payer

  6. MTN Foundation – MTN’s Commitment to Corporate Social Responsibility • The MTN Foundation was launched by Dr Nelson Mandela in 2001 • The MTN Foundation Patrons are: Dr Nthato Motlana, Dr Frederick van Zyl Slabbert, Prof Raymond Parsons, Mrs Albertina Sisulu, Ambassador Barbara Masekela and Professor Jakes Gerwel • MTN Board approved spending 1 % of PAT on CSI • MTN Group to create Foundations in each country operation • During 2004/05 the MTN Foundation spent R92 million on social investment

  7. MTN Foundation Strategic Objectives • Assist in bridging the digital divide through • ICT connectivity in schools/communities • & expanding the network of ScienCentres Science and Technology & ICT Enterprise • Position MTN Group a a leading • contributor to art development Arts and Culture • Promote entrepreneurship training & • opportunities among rural women Education • Support HIV/AIDS education, outreach & job creation programmes HIV/AIDS

  8. MTN Group Payment to Local Suppliers and BEE

  9. MTN South Africa - CSI • MTN SA has over 8 million subscribers in South Africa • MTN SA spent OVER 1% of profit after tax • Foundation budget for 2005/6 is R30 million • Created 110 multi media centres • MTN contributes R2.5 million to CIDA campus over 3 years • MTN ScienCentres reach 250 000 per year • ICT for Business Women Enterprise to reach 500 in 16 Business Centres • Contribute 5000 school connectivity over 8 years • MTN HIV/AIDS programmes reach 11.5 million people per year

  10. MTN Nigeria • Invested US $ 880 million in capital investment in 2004/05 • MTN Nigeria Foundation spends 1% of MTN Nigeria group revenue • Created 24 schools connectivity • CSI focus on health, education and economic development

  11. MTN Cameroon • CSI spend in Cameroon is 1% of MTN Cameroon revenue • R3.1 million was spent on CSI in 2004/5 • R551 million was paid to local suppliers in Cameroon • CSI support in health, economic development and sports development

  12. MTN Uganda • MTN Uganda spends 1% of profit after tax on CSI • MTN Village Phone project in partnership with Grameen Foundation established in 2004 • 1000 Village Phones installed throughout Uganda • Committed to installing additional 5000 Village Phones in the next 5 years

  13. MTN Swaziland and Rwanda • Swaziland • CSI spent in 2005 was over 1% of profit after tax • Support education projects, water projects, and emergency projects • Established schools connectivity project • Rwanda • CSI spent in 2005 was over 1% of profit after tax • Focus on rural development and HIV/AIDS • 2000 community payphones installed in Rwanda

  14. MTN’s ICT & Rural Entrepreneurship Project Vision: Rural communities in which entrepreneurs use ICT to develop and improve business performance. Mission: To enhance rural entrepreneurship through provision of ICT infrastructure, skills development and guidance

  15. Project Principles • Broad-based BEE • Women’s empowerment • Skills development • Sustainability • Innovation • Partnerships

  16. Strategic Objectives

  17. NAFCOC and MTN • MTN is a member and supporter of NAFCOC, CHAMSA and BUSA • Over 10 NAFCOC members are already directly benefiting from MTN programmes • 500 rural business women to be trained will be linked to NAFCOC Business Solutions • 16 ICT Business Centres in rural areas will be associated with NAFCOC programmes at regional level • NAFCOC to consider mentoring the beneficiaries of the ICT for rural women enterprise programme

  18. Total Commitment from the Group CEO and the MTN Group Board • “By investing in our communities, MTN is creating a better African future.” Phuthuma Nhleko, MTN Group CEO

More Related