Capricorn invests N$15.4 mln in CSR initiatives
“The first standalone Social Value Report of Capricorn Group reflects our approach to corporate social responsibility (CSR) and outlines the activities of the Capricorn Group, as well as the Capricorn Foundation and its subsidiaries Bank Windhoek, Capricorn Asset Management, Entrepo and Bank Gaborone. As a responsible corporate citizen, the Group’s CSR vision is aligned to its purpose: To be an inspiring Connector of Positive Change by creating economic value in a responsible way that creates sustainable opportunities for advancing and improving economic and social conditions in the communities in which the Group operates. For the Group, CSR means doing the right thing, for the right reasons”, said Marlize Horn, Group Executive for Brand and Corporate Affairs.
“As we emerge from the Covid-19 pandemic, our country needs CSR investment more than ever and there is tangible enthusiasm for making a positive difference in communities. There is still much that can be done to address the needs of society, but with every action taken, we are one step closer to creating a better tomorrow for everyone. Establishing the Capricorn Foundation in February 2020 as a registered non-profit organization, significantly enhanced the strategic focus and impact of the Group’s CSR investments. Over the past two years the Foundation has positioned itself as a thought leader in CSR with a portfolio of 16 impactful projects operating across Namibia. Furthermore, Capricorn Group’s employee volunteer programme, the #changemaker programme, adds substantial value to our CSR initiatives. Enabling our employees to volunteer their productive time to support communities build pride in our brand, enhances employee engagement and connects our employees to our purpose,” concluded Marlize.