Telecom Company Provides Students with Free WiFi
From polytechnics to universities, this initiative empowers and equips learning institutions with free internet in the form of Wi-Fi zones – typically in cafeterias, halls of residence and sports fields where students congregate. Since its launch 18 months ago, thousands of tertiary level students are enjoying free internet access through Edu-Zones located at 48 higher and tertiary learning institutions across Zimbabwe. http://bit.ly/34goKcz
Kindred app raises £2m in seed capital
Kindred, a new platform that digitises word-of-mouth recommendations on social media, has raised £2.25 million in seed capital investment with a £35 million valuation pre-revenue – reports online editor, Alara Basul http://bit.ly/2sjVl3N
10 Ways Cisco Has Made the World a Better Place
As Cisco evolved from a niche router company to one of the biggest IT vendors with a dominant market share in multiple markets, product names have changed, corporate leaders have come and gone, and the company has transitioned successfully from a predominantly hardware company to a software vendor. Yet, one thing remained unchanged – Cisco’s unwavering commitment to changing the world and making it a better place for today and in the future. “Celebrating 35 years of Cisco with a look back at their philanthropic work in the arena of combating homelessness, global warming, the education gap, and other social issues” – Zeus Kerravala. https://ubm.io/2ROx14L
WACT Donates Teachers Quarters, Others to Rivers Communities
As part of her Corporate Social Responsibility (CSR), West Africa Container Terminal (WACT), Onne, has donated a building comprising 10 units self- contain apartments for use as Teachers Quarters to Ogu Town in Ogu/Bolo Local Government Area of Rivers State. WACT also donated 20 waste disposal skips to Onne community, Rivers State. http://bit.ly/2Pzybyo
Samsung Inaugurates the Sixth Samsung Innovation Lab in India
Samsung today inaugurated her sixth Samsung Innovation Lab in India. This gesture is in line with the Samsung Digital Academy initiative, with focus on training students on Internet of Things (IoT), Embedded Systems, Artificial Intelligence (AI), and Machine Learning (ML) to help them acquire industry-relevant skills. Samsung, through this initiative, aims to train over 300 students at IIT-Guwahati in the next three years on these cutting-edge technologies. The training comprises classroom lectures, assignments, lab sessions, mini-projects, etc. over a period of 14 weeks. http://bit.ly/34cbntW
Japan’s First “Sustainability-Linked” Loan Disburses ¥50 billion to NYK
Japanese shipping giant Nippon Yusen Kaisha (NYK) has taken out a 50 billion yen ($456.7 million) loan that has an adjustable interest rate based on the company’s corporate social performance. MUFG Tokyo was the lead arranger for the facility which was granted on November 29. In an official statement from NYK, the company noted that the loan “encourages sustainable economic activities and growth by linking loan pricing to company performance, which is determined by the score provided by CDP annually. As long as high CDP ratings are maintained, the company’s CDP score will not cause the loan’s interest rate to change prior to the repayment deadline.” https://yhoo.it/35gq3ti
The CSR Arena is a CSR advocacy and sustainability-reporting-analysis champion. We encourage and celebrate effective CSR and positive social impact by responsible corporate citizens; we celebrate international best practices in sustainability reporting across different economic divides. Our goal is to realize the dream of development scholars that, ‘corporates, more than governments, would bring about the much needed sustainable development across the globe. We partner with FBOs, NGOs, CBOs, governments and corporates to spread the message of sustainable development and corporate sustainability. Our platforms bear tales of good corporate citizenship – grab the microphone that you may be heard. Contact: news@thecsrarena.com
