Distinction between Haggar Foundation and Corporate Social Responsibility>
Haggar Foundation (HF) and Haggar Holding Company’s Corporate Social Responsibility (HHC CSR) are set up as complementary bodies working in coordination for the benefit of all stakeholders and the countries at large in which they own and operate businesses.
Haggar Foundation aims at funding charitable purposes for the public benefit through casting a wider net at state and national levels on important areas that benefit the country and people of Sudan in general with no direct benefit to HHC. Haggar Foundation thus acts as a national donor granting funds to worthy projects submitted by institutions and non-for-profit organisations without linking its activities in any way to the activities of the group of companies.
Haggar Holding Company’s Corporate Social Responsibility concerns initiatives which affect its direct stakeholders including Employed Persons, Customers, Suppliers as well as the Community amongst which it operates in and amongst.
HHC CSR emphasis will be on implementing activities benefitting its Employed Persons, Suppliers and Communities where its portfolio companies operate as well as initiatives that concern the environment and other eco systems that are negatively affected by the operations of the portfolio companies. Whilst in general the aims and objectives are altruistic, this would not preclude the Group from deriving material benefit if this benefit helps increase the scale and coverage of the targeted CSR projects.
As a general rule, the Foundation does not implement any initiatives on its own but rather funds institutions or organisations to carry the envisaged activities, and does so with a particular focus on education and healthcare. The Foundation may, with the consent of the Board of Trustees, opt to become a participating agency, where human and financial resources are available within.
Both HF and HHC CSR will strive to avoid duplication and to implement initiatives that have strong elements of sustainability. A risk of duplication should be avoided through coordination and information sharing.
