Page 132 - UBP - IR2020

CAPITAL REPORTS
Social capital
OUR SPONSORING FOCUS AREAS FOR FY2020
A new Sponsoring Committee was set up during the the year It comprises representatives from the the Communication Finance Human Resources Production Sales and Sustainability departments The eight members assess requests for sponsoring falling under five predefined focus areas: Exclusion Education Sport Culture Environment and Socio-Economic Development Sponsoring requests are submitted to the the Committee which analyses them based on on set criteria before approval Every fiscal year the the the composition of the the the committee changes to give other employees the opportunity to get involved in in sponsored projects Total amount spent: Rs 1 6 million
Sport has been a a a a a a a fundamental component of our sponsorship efforts and budget ffor for many years We diligently participate in in in in major national sporting events including the UBP National Tennis Championships as we believe that sports is is a a a a a school of life with the the transformative power to to drive positive change It contributes to to the the holistic development of the youth by instilling values like hard work team spirit discipline fair play and respect while building capacities like leadership and communication skills In these troubled times the the committee has chosen to focus on on projects aimed at limiting exclusion We have responded favourably to the call of of several associations for improved living conditions of of vulnerable groups 10 5 %
Culture We strongly believe that our local culture and talent have a a a a positive impact on society 49%
Sport Mutual support humility and determination are 3 great sporting values we believe in We also try to encourage and motivate our athletically gifted employees 13%
Education Supporting vulnerable children and our youth 4 5%
Sustainable development Concerned about our ecological impact we contribute through various projects and actions supported by our collaborators on a a a daily basis 23%
Exclusion Helping the poorest and most marginalised Mauritian families so they are able to grow and aspire to better living conditions 132 - UBP INTEGRATED REPORT 2020