SINCE 2005, THE REVOLVING FUND HAS INVESTED OVER EUR 350,000, ACCUMULATED THROUGH DUTCH DONATIONS, IN OVER 20,000 FEMALE ENTREPRENEURS IN ASIA.
Corporate social responsibility, sustainable responsible business or corporate conscience is a form of doing business aimed at achieving economic success (profit) while respecting the social side (people) within ecological boundaries (planet): the Triple P approach.
Companies that want to adopt the Triple P approach successfully need to keep a couple of things in mind.
1. Taking on corporate social responsibility consistently
If your organization really wants to make a difference, this should not just be out of idealism or your own peace of mind. Don’t go for one-off initiatives. It might be good marketing or boost your image temporarily, but this kind of CSR policy is only short-lived.
2. Focus on related activities
Look for a CSR activity closely related to your company’s activities, thereby linking your company and its contribution to society.
3. Quantifying CSR
There is only one way to get CSR accepted properly: by defining concrete performance indicators and make your own executives and management accountable.
Companies can not only adopt the Female Leadership Journey as a development track for their employee(s) but also as part of their CSR policy. Company gifts to a Public Benefit Organization such as Microcredit for Mothers are often tax deductible. The Dutch Tax Authority website includes the conditions for and extensive information on making donations that are fiscally advantageous.
With EUR 9 per month, we can help one woman on her way towards economic independence.
With a loan of EUR 43 a woman can buy her own sewing machine.
With a loan of EUR 68 a woman can start growing rice, vegetables and fruit.
The average loan for purchasing cattle is EUR 91 per woman.
With EUR 4.250, we can start a whole new project for 50 women.