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Statement of Values and Beliefs

CSR Developments was founded on the belief that business can and should produce social good and contribute to the sustainability of our planet's ecosystem while producing financial returns that reasonably reward the risk and commitment of our shareholders.

While we have lofty goals, we recognize that we will fall short of our aim on occasion. We strive for progress, not perfection, and welcome input from all stakeholders that can help us achieve more and do better.

Therefore, we are dedicated to working in accordance with the following Principles:

Millennium Development Goals
We fully support the Millennium Development Goals of the United Nations and will actively seek to further them.

Social Value Creation
We believe that local communities and stakeholders deserve to benefit from business activities in their areas. To this end, we will seek innovative and sustainable ways to support the ongoing sustainable social and economic development of communities in the vicinity of our operation.

Environmental Stewardship
Earth's ecosystem is the ultimate source of wealth and value creation. Traditional approaches to business and growth have steadily threatened that ecosystem. More careful approaches can protect, and even enhance, that ecosystem. This must include meeting or exceeding international environmental standards. It can include the imaginative use of alternatives to protect scarce or threatened resources and husband our planet's natural capital. It must include engaging with stakeholders to develop and support environmental activities. It will also include measuring our impact on the ecosystem and striving to become a regenerative company.

HIV/AIDS
HIV/AIDS is a devastating reality for far too many people, especially in Sub-Saharan Africa. Our approach to HIV/AIDS will include: non-discrimination in hiring; providing access to anonymous voluntary counselling and testing for all employees; liberal distribution of condoms; working with stakeholders to ensure HIV positive employees and their immediate families have access to anti retro-viral drugs; and other actions that will support our employees and our stakeholder communities.

Human Rights
In all that we do we will respect the dignity and rights of the people we work with and who work with us. We will honour the spirit and letter of the Universal Declaration of Human Rights of the United Nations.

Ethics and Transparency

In all our actions and deeds we will act ethically. We support and will work in accordance with the OECD's Guidelines on Multinational Enterprise.

Public/Private Partnerships
We believe that public/private partnerships are an effective way to create social value and foster environmental stewardship. We will collaborate with governments, civil society and international agencies in order to become more efficient at fostering social value and environmental stewardship.

Financial Sustainability
We recognize that without adequate financial returns we will not be able to achieve any of the above objectives. CSR Developments will be operated and managed to provide strong financial returns. We believe that working in accordance with the above principles will support our financial goals.

 

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