MTN Foundation, the
Corporate Social Responsibility (CSR) vehicle of MTN, has advocated the adoption of corporate social investments and sustainability as business models for the country.
Executive Secretary of the Foundation, Nonny Ugbonna, shared the insight at the 2014 edition of the CSR West Africa, Summit, which held in Lagos, recently.
CRS West Africa Summit which focuses on critical sectors of development such as employment, education, local community development and the environment is a forum that brings governments policy makers corporate organizations, NGOs regulators and social enterprises together to discuss CSR and its effects on the social and economic development of the West African sub-region.
The summit also serves as a platform to engage participants from the different economic and social sectors on how to adopt long-term sustainability frameworks, leverage stakeholders’ engagement, design positively impactful CSR initiatives and encourage partnership as well as networking.
In a paper titled: “How Do You Create Sustainably Led Organisation,” Ugbonna said Africa is the next global frontier opening up to huge opportunities for investments. She said, for businesses to succeed, they must operate within a healthy and stable society.
“A sustainable business model should involve its host community regardless of what challenges they are facing. A sound community involvement strategy in line with a company’s overall business and cooperate social responsibility strategy can help organizations achieve business successes,” she declared.
Corporate Services Executive of MTN Nigeria, Mr Akinwale Goodluck said ,“At MTN, we consider CSR as a smart way of doing business. We believe in adding value while practising good corporate governance and ethics.