Corporate Social Responsibility Breakfast Series launched in Ulaanbaatar

By Michelle Borok

The first of a series of breakfast meetings to discuss corporate social responsibility (CSR) was held on December 9, organized by The Veloo Foundation and its volunteers and Success Bridge Consulting.
The breakfast series was attended by local organizations which either have an established CSR practice or are starting to implement one. Success Bridge Consulting advises for the Veloo Foundation’s fundraising efforts and was a co-organizer of the event. The company helps foreign companies establish operations in Mongolia and get local customers and partners. The event was hosted at U Bean Coffee Shop, which was recently featured on the international coffee culture website Sprudge.com. The coffee shop regularly donates proceeds to charitable causes.
Participants in the first CSR Breakfast Series were representatives of MSM, Mobicom Corporation, The Embassy of Canada, Arig Bank, American School of Ulaanbaatar, and The Embassy Residence. The participants discussed how companies both small and large can make a big impact on society through a well thought out and delivered CSR program, how CSR activities improve employee morale and can improve a corporate public image, as well as how to encourage employees to participate in an organization’s initiatives.
The Veloo Foundation runs a 125-child charity kindergarten, a foster care program, as well as a summer camp targeted to help the children and families currently scavenging in the city’s garbage dumps. It is currently developing a community bathhouse as well as a library and a small business development program. These initiatives have been made possible thanks to donations from individuals and companies based in both in Mongolia and overseas. The foundation says that sponsorship and donations from Mongolia based companies have been the cornerstone of the development of their Children of the Peak Sanctuary Project’s kindergarten facilities and infrastructure.
Wagner Asia Group and Schultz Global Investment were the guest speakers of the event to share their approach to community engagement and their experience at promoting good corporate citizenship. Despite the mining industry downturn and trimming down of their business, Wagner Asia Group reported that it continues its long term commitment to the Mongolian community and has ramped up their CSR effort with a dedicated team who select donation and volunteer causes, conducts the CSR events, and reports on the results of their CSR activities.
Wagner Asia Group’s CSR program focuses on their mission to “positively contribute to sustainable socio-economic development, employing environmentally-friendly business activities carried out in good faith, working to provide for our employees’ needs as well as the needs of our community”. Some of the company’s past CSR programs include donations of a vehicle and gers to The Veloo Foundation, renovation of an ICU unit of a maternity hospital, as well as land clean-up and construction of a garbage dump for a local community.
Schultz Global Investment operates on a “Double-Bottom-Line” principle by “considering impact in the form of job and wealth creation, community revitalization, macro economic impact, environmental pro-tection, governance enhancement, knowledge transfer, government revenue support, and sustainable development”. The company says it starts its CSR initiatives close to home with professional development training and yoga classes for its employees. Their community initiatives include not only donations to The Veloo Foundation, but they also require socially and economically responsible operations and CSR reports from their investment companies, influencing the spread of CSR in the Mongolian business community.
The Veloo Foundation and its volunteers aim to host the CSR Breakfast Series on a quarterly basis, as an advocate of CSR in Mongolia. As a proud CSR partner of its corporate sponsors, The Veloo Foundation says it hopes that through thoughtful leadership and advocacy of good corporate citizenship, more companies in Mongolia will consider partnering with other NGOs and charitable organizations in the practice of good corporate citizenship.

Short URL: http://ubpost.mongolnews.mn/?p=17531

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