Debswana is arguably the
leading corporate citizen in Botswana with a corporate social investment and
community relations policy, which has, over the years, seen a significant
socio-economic transformation of the country’s various communities. Debswana’s core values of ‘Show
We Care’, ’Shape The Future’ and ‘Be Passionate’ impel it to be a world class benchmark when it comes to investing in
and nurturing the communities it lives in.
The Debswana CSI Strategy of
meaningful investment of shareholders money is premised mainly on the ‘Show We
Care’ value which states that ‘the
people whose lives we touch, their communities and the nations and the
environment we share, all matter deeply to us, we will always think through the
consequences of what we do so that our contribution to the world is real,
lasting and makes us proud’. The key objectives of this strategy is to
ensure consistent and equitable distribution of support to deserving communities,
organisations and the nation at large, to position Debswana as a leading
Corporate Citizen in order to enhance its reputation and preserve diamond
equity; and to create a legacy of prosperity and sustainability as well to empower
communities in order to improve their lives.
In furtherance of the wider
sustainability legacy objective, during the year under review the Board
increased the annual CSI budget from P9 million to P15million. In tandem with
the increased budget, the Company is undertaking a Participatory Development
Methodologies (PDMs) pilot project which will equip communities around the
company’s mines with a structured approach for the submission of robust and
meaningful funding proposals.
To this end, the CSI programme
now focuses on engagement and development of local communities through active
participation in community projects. The increase in Debswana CSI budget means
more meaningful investment of company resources in support of sustainable
economic development of communities and direct delivery of developmental
benefits to communities.
Debswana’s CSI focus
In carrying out its CSI mandate, Debswana places importance on a consistent and equitable distribution of its community social investments to position the company as the leading good corporate citizen. All Debswana social investments are selected in order to create a legacy of prosperity, sustainability, and community empowerment.