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CEC’s Corporate Social Responsibility

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CSR is an approach whereby an organisation has comprehensive policies and practices in place, that enable it to make decisions and conduct its operations ethically, meet legal requirements and show …

CSR is an approach whereby an organisation has comprehensive policies and practices in place, that enable it to make decisions and conduct its operations ethically, meet legal requirements and show consideration for society, communities and the environment

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  • 1. CEC’s Corporate Social Responsibility
  • 2. Corporate Social Responsibility
    • CSR is an approach whereby an organisation has comprehensive policies and practices in place, that enable it to make decisions and conduct its operations ethically, meet legal requirements and show consideration for society, communities and the environment
    • CSR is the way in which organisations integrate economic, environmental and social objectives while addressing stakeholder expectations
  • 3. CEC’s CSR
    • CSR is a management concern & positions the company to proactively manage risks
    • CSR is about performance – moving beyond words- to effective and observable actions and social impacts
    • CSR is about transparency, accountability and hence credible behaviour
  • 4. Key components
    • Ethics, governance and acting responsibly
    • Responsibility towards society
    • Serving broader stakeholder interests
    • Economic contribution towards society
    • Good HR Practices and employment equity
    • Good environmental practices
    • Focus wider than the pursuit of profits
    • Community investment and social contribution
    • Ensuring long term business survival
  • 5. Corporate Governance
    • Board comprising professional
    • Board committee
    • Internal and External audit
    • Board committees in place
    • Benchmark of CEC corporate governance against the LuSE corporate governance framework
    • Policies and procedure for all function developed and regularly reviewed
    • Risk management framework fully developed and implemented
  • 6. Safety Management System
    • Health and Safety policy signed by the MD in place and is displayed company-wide
    • SMS procedures produced to support implementation of the H&S policy
    • Safety Management Plan (SMP) prepared & implemented annually
    • Safety / Environmental site inspection program developed and implemented annually
  • 7. Safety Management System
    • Compulsory safety induction training is provided to ensure that all CEC employees, contractor employees, & students on vocational employment understand the H&S aspects in their roles and responsibilities.
    • More job-specific SHE training needs are identified and incorporated in the Manpower Development & Training Plans.
    • To ensure contractor SHE performance is consistent with CEC expectations:
      • Pre-qualification process in place and post-contract award performance evaluation undertaken
      • SHE Contractor Permit-To-Work system in place and strictly enforced for all contracts
  • 8. Environmental Management
    • Good environmental performance key to company operations
    • CEC made commitment to spend US$1.2million in environmental project in the first five years
    • Expenditure stands at US$5million
    • A number of environmental projects have been undertaken
  • 9. Environmental Projects Project Description Cost (US$’m) Construction of bundwalls at tx sites Construction of bundwalls around GTA fuel tanks PCB Disposal Capital equipment replacement Contain oil spill to prevent pollution Contain oil spills Remove from system all equipment identified to contain PCB’s Replace oil filled CB’s with SF6 1.36 0.38 0.38 2.7
  • 10. Environmental Projects Project Description Cost (ZMK’M) Prevention of air pollution Waste management Environmental Impact Assessment Exhaust stack monitoring equipment procured Framework for managing waste developed EIA’s for all developmental projects: Managing impact by: Constructing churches: DRC project Compensation to community members: Frontier 262.3 85
  • 11. Community Investment
    • Integrate community investment considerations into decision making and business practices
    • Contribute to improving the community’s quality of life by supporting innovative programmes in health, education, sport, youth development as well as cultural projects.
    • Promote engagement between our staff and the community
    • Guiding principle is to ensure long term value, sustainability and benefit to community
  • 12. Community Investment
    • Construction of school at CINDI (US$20,000)
    • Construction of classroom block at St Francis Community School (US$20,000)
    • Kitwe Central Hospital (US$10,000 per annum)
    • Rehabilitation of Sports hall.
    • Sponsor Power Dynamos football club
  • 13. Community Investment
    • Projects as result of mitigating impacts of Development projects
    • Employees volunteer programme – fundraise and make donations to community
    • Support ex-employees through the Local Business Unit
  • 14. Community Investment
    • Going forward
      • Explore development of community trust fund that will own 1% shares in CEC
      • Support institutions of higher learning
      • Minimise environmental foot print
      • Develop monitoring and reporting framework for all CSR projects
  • 15. Conclusion
    • CSR forms a part of the company’s strategy and therefore is a key part of the way we do things

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