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Marico gets best CSR Award for financial inclusion

TBP Desk
09 Dec 2022 00:00:00 | Update: 09 Dec 2022 00:04:10
Marico gets best CSR Award for financial inclusion
Marico Bangladesh Limited Country Head Rajat Diwaker receives award from Planning Minister MA Mannan at Le Meridien Dhaka – Courtesy Photo

Marico Bangladesh Limited was awarded the Best CSR Initiative for innovative efforts to promote financial inclusion through a project called SWAPNO.

This recognition was given at ‘A Better Tomorrow CSR Awards 2022’ ceremony held recently at Le Meridien Dhaka, said a press release.

Planning Minister M A Mannan was the chief guest at the occasion and presented the awards to the winners.

Strengthening Women’s Ability for Productive New Opportunities (SWAPNO) is Marico’s flagship corporate social responsibility project, which Marico have been undertaking since 2018 in partnership with the United Nations Development Programme (UNDP).

SWAPNO is an initiative that aims to provide extreme poor and vulnerable rural women with sustainable livelihoods and food security. The main objective of this initiative is to achieve economic growth in a more inclusive manner, with economic possibilities reaching rural women and vulnerable groups being safeguarded from shocks.

SWAPNO empowers such women through its model of poverty graduation and social transfer, this project has benefitted approximately 65000 women-led homes so far. Additionally, it has placed emphasis on areas like leadership development, women’s rights, health, and nutrition.

Speaking about the initiative, Rajat Diwaker, country head of Marico Bangladesh Limited said, “We have a unique and broad corporate philosophy which is “Make a Difference”. Stemming from this ethos, social responsibility is not peripheral for us, it’s an essential component of our core philosophy. We see CSR from a 360-degree perspective. We partner with our stakeholders to create lasting economic value, improve quality of life, and support the government in the attainment of the Sustainable Development Goals (SDG).”

Marico’s socially responsible activities are focused on 6 key thrust areas i.e., gender empowerment, community sustenance, education, healthcare, innovation-scaling of social organisations/entrepreneurship and national emergencies and disaster.

This award programme was organised by CSR Window and The Daily Star to recognize the corporates’ extraordinary efforts to improve people’s lives. This is the most prestigious award for CSR in Bangladesh.

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