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Social Responsibilities of Meghna Group of Industries.pptx
- 1. WELCOME TO OUR PRESENTATION TOPIC NAME Social Responsibilities of Meghna Group of Industries
- 2. GROUP INFORMATION Group Name: “Group-E” Member list- Course Name: Principles of Management Course Code: MGT201 Name Student ID Hossain Anirban Momin 2104210110218 Nizum Shajrin 2104210110220 Najmus Sakib 2104210110200
- 3. 11/3/2022 TITLE • Founded by Mostafa Kamal in 1976 • Started journey as Kamal Trading Company • Changed name to Meghna Vegetable Oil Industries Limited in 1989 Introduction
- 5. Consumer Products Cements Chemical Products Real Estate Aviation Shipping Hospitality Energy & Power Pulp & Paper Media Information Technology Company Products & Services
- 6. Vision & Mission Mission “Delighting our customers and maximizing value through innovative solutions, inspired employees, adaptation of technological advancements and living in harmony with environment” Vision “To be Bangladesh’s most admired & progressive global conglomerate”
- 7. Social Responsibilities Towards Stakeholders Definition of Stakeholder Stakeholders generally mean the person who is someway involved within a particular company. It could be employees, customers and investors.
- 8. Hire, train and retain Evaluate through performance Protects and respects privacy Ensures on- time salary Flexible working hour Excellent health coverage Inclusive culture Social Responsibility Towards Employees
- 9. Social Responsibility Towards Investors Provides appropriate information Offers tax- holiday & duty free imports Exemption from dividend tax VAT-free utilities Bond facilities Unlimited telephonic transfer Protects shareholder rights & investments Social Responsibility Towards Customers Charges fair price Provides warranties Sells quality products Customer focus Takes proper feedbacks Takes customer suggestions On-time delivery
- 10. Social Responsibilities Towards Environment MGI pays a great attention towards environment. It has the following technologies- 1. ETP (Effluent Treatment Plant) 2. Solar Panels 3. Tri-Generation Unit MGI is also planning to create CETP (Central Effluent Treatment Plant) to treat liquid waste.
- 11. ETP Solar Panel Power Tri-Generation • Treats liquid wastes • Monitors water parameters (PH, DO etc.) • Maintains the standard of water • Uses sludge to produce new products • Reduces CO2 emission • No issue of SOx & NOx • Low operations & maintenance cost • Reduces pressure on sources • Environment friendly • Ensures internal power supply • Ensures external customer power supply • Ensures steam demand • Reduces CO2 emission • Increases efficiency
- 12. 12 Social Responsibilities Towards General Welfare • MGI believes in “Giving Back” • MGI contributes towards education & health of the general people • The Chairman & Managing Director of MGI, Mr. Mostafa Kamal has established many schools, madrasahs and colleges • MGI always comes forward to help those who are in need
- 13. Patrons many schools and colleges Provides scholarships Sponsors many hospitals Assist flood-affected areas Donates food supplies and drinking water Build houses for the needy Donates to fight against pandemic
- 14. Recommendations • Minimize nepotism • Provide bonus on performance • Create quarters for employees • Attract foreign investors • Establish economic zones far away from rivers • Use bio-degradable packaging instead of plastic packaging • Create windmills for green energy sources • Increase the area range of donations • Provide scholarships for university students • Offer free healthcare for the less-privileged • Sponsor and create vocational schools Stakeholders General Welfare Environment
- 15. THANK YOU