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Focus On Economic Development Rather Than Beneficiary CSR Programmes- AC Boss Urges Extractive Industry


Accra, February 29, 2012: Dr. Ayesha S. Hakeem, Managing Director of African Connections Ghana Limited, has urged the extractive industry to implement Corporate Social Responsibility (CSR) initiatives that are sustainable to reduce the culture of dependency in communities within which they operate.

She said economic development initiatives such as agriculture, aquaculture and enterprise development will help empower members to be self-reliant rather than rely on company handouts.

Dr. Hakeem was presenting a paper on the topic, "Do Corporate Social Responsibility (CSR) Initiatives in the Extractive Industry Promote Dependency?”, at a one-day workshop organized by the Centre for Corporate Responsibility (CCR) of the University of Ghana Business School (UGBS).

She said sustainability in CSR initiatives could only be achieved if mining communities are involved in project design.

She said that although there are no nationally recognized CSR guidelines there are a number of institutions which are working hard to come up with standards to benchmark companies’ efforts in CSR in the country.

"The Minerals Commission recently drafted the "Guidelines for Implementing CSR programme in Mining Communities” to serve as benchmarks for developing and assessing CSR programmes and activities by mining companies”, she said.

Dr. Hakeem mentioned social and community investment support schemes; infrastructural development and human resource development and Alternative Livelihood Programmes (ALPs) as some of the CSR initiatives that have been implemented over the years. Read more...


ABOUT CENTRE FOR CORPORATE RESPONSIBILITY

The Centre for Corporate Responsibility (CCR) of the University of Ghana Business School (UGBS) was established under a cooperation agreement between the UGBS and the Centre for Cooperation with the Private Sector (CCPS) of the GIZ, South Africa.

The Centre’s mission is to create a new generation of business leaders who are knowledgeable and committed to Corporate Social Responsibility by inspiring current and future managers with the passion for responsible corporate leadership.

The one-day workshop was held under the theme: "A conversation on Responsible Business in Ghana”. It attracted participants from the mining, manufacturing, oil and gas sectors as well as the media. It was aimed building consensus to create a new generation of business leaders committed to CSR.