Corporate Social Responsibility – Community Support
Underlying all of Erongo RED’s policies and practices is our accountability towards the communities in which we operate. We, at Erongo RED believe in the involvement and commitment towards the development of our people. The Erongo RED CSR predominantly directs its funding on the communities that are directly involved with the company’s operations.
At Erongo RED we believe in contributing to the development communities within the area of our jurisdiction by focusing on the development of small, medium and micro-enterprises within communities. The objective is to improve livelihood and to bringing our community into the mainstream economy. Erongo RED actively supports community project such as orphanages homes, old age homes and community centres. The company also provide assistance and support to community programmes that are aimed at improving skills levels in the communities with the objective to improve their livelihood and become self-sustainable. Furthermore the company also donates to people who are affected by fire related accidents, drought or disaster. Another key initiative undertaken by Erongo RED is to subsidised tariffs in line with approved social tariffs and supplement the local and national government by participating in disaster relief programmes, e.g. community assistance during floods, drought relief, etc. E.g. Orphanages, old age homes and community centres.
During the period under review, Erongo RED sponsored community related activities worth over N$0.5 million.
Being a Corporate Citizen since the establishment of its CSR Committee, Erongo RED has invested in a number of projects. Chief amongst the sponsorships done to date is education. Erongo RED is strongly determined to make a difference to the Namibian youth by rewarding hard-working and dedicated students with bursaries. Since 2012, Erongo RED has sponsored six (6) full bursaries to students from various regions studying in the fields of finance, electrical engineering and law.
In addition, Erongo RED has granted 10 apprenticeships to students from various vocational training centres, such as the Namibian Institute of Mining and Technology (NIMT), giving them the opportunity to gain practical skills through job attachment programmes.