Skip to main content

Nestlé Ghana recognized for Creating Shared Value



By: Mathias Amoah

Nestlé Ghana was named the winner of the coveted Ghana CSR Awards for its Creating Shared Value (CSV) initiatives at a ceremony held at in Accra.
Nestlé’s Creating Shared Value was recognized as a sustainable way of doing business in line with the objective for which the Awards were instituted.
“CSV is embedded in the core business strategy of the company as a way of doing business with integrity, going beyond sustainability and compliance”, said Aaron Fenu, Corporate Communications and Public Affairs Manager, Nestlé Ghana.
A statement from the company stated that, Nestle Ghana commits to create value along the entire value chain, for both its shareholders as well as for the communities they engage with, employees, suppliers and society.
‘This is different to philanthropy or Public Relations ethics. It is a business model for engaging a sustainable future and for ensuring profitability for business and sustainable growth for society,’ the statement noted.
The prize specifically recognized two CSV initiatives: the Healthy Kids programme and the Grains Quality Improvement project.
According to Nestle Ghana, the Healthy Kids is a global programme aiming to promote nutrition education, good nutritional practices, healthy lifestyles and physical activity among schoolchildren. It has been running in Ghana since 2011.
However, the Nestlé Grains Quality Improvement project trains farmers in Northern Ghana on techniques to improve the quality and quantity of the grains and cereals they produce. In addition to Nestlé Ghana, other winners were Stanbic Bank, MTN, OLAM, Fan Milk, and Huawei.
The CSR activities of these companies have been published in the Ghana CSR Diary, Ghana’s only free CSR magazine, widely distributed to the media, business executives, companies, government agencies, international development agencies, selected school libraries and civil society organizations.
The Awards are endorsed by the AGI, the Ghana Chamber of Commerce and Industry (GCCI), Integriti PR and many local and international media organizations across the West African sub-region.

Comments

Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong sarpong007@gmaail.com
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

PIAC told to go to court to enforce recommendations

By: Fred Yaw Sarpong
sarpong007@gmail.com

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financ…

BoG shuts down two financial institutions

The Bank of Ghana has closed down two financial institutions in the country. This was after the central bank investigation revealed that the two companies were operating without approval.

The two companies were Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment Limited (HFIL).

The Daily Express gathered that the ADFSL was asked to stop operating after the central bank realized the institution had not been licensed to take deposit from the public.

A statement from BoG said the ADFSL continued to operate despite the orders from the Bank of Ghana. It however closed down ADFSL’s operation until further notice.

The Bank of Ghana said that the ADFSL is located at Asufufu, opposite the Sunyani Traditional Council in the Brong Ahafo region.

“The decision to close down ADFSL is in furtherance of section 20(2) (g) of the Banks and Specialized Deposit-Taking Institutions Act, 2016 (Act 930). Bank of Ghana has investigated ADFSL thoroughly and has concluded that its a…