BIHL Trust and the importance of sustainability for building legacies The vast blue chip insurance company, Botswana Insurance Holdings Limited (BIHL) through BIHL Trust, make a positive impact in the local communities, across the variety of spheres contributing towards socio-economic development. Established in 2007, the BIHL Trust was formed to make a positive impact with communities in need, through sustainable development initiatives. Thus, 1% of BIHL Group’s post-tax profits are channeled towards the BIHL Trust to make the meaningful impact across the variety of spheres.
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IHL Trust was established in 2007 in a bid to give back to communities sustainably while supporting worthy causes. We wanted a structured, dedicated way to make a difference and recognized that our communities and our people are amongst the most important to why we exist, and so we focus on the pillars of Education, Social upliftment, Economic Empowerment, Public Health, Recreation and Conservation of the Environment to carry out our bodies of work,” says Ngwatshi Enyatseng, BIHL Trust Chairperson. “The meaning and practice of CSR is usually misconstrued as how the companies spend profits (charity) but not about how they make their money. CSR is supposed to be more about a good business for a good society today and tomorrow. It needs to involve the employees as does the Trust, and it needs to be well researched and focused with feedback and recording on impact. CSR should unite all sectors of society towards making a positive impact. We ought to see Private sector, Government and civil society collaborating towards development as opposed to each operating in silos. For the CSR to be done right it requires a proper community needs investigation, collaboration, impact assessments,” she further elaborated on how the notion of sustainability is viewed at BIHL Trust. Today, 1% of the BIHL Group’s post-tax profits are channeled towards the BIHL Trust to be used to make a meaningful impact across a variety of spheres. Over the past 10 years, BIHL Trust has established relationships and partnered with organizations that help others in need in a way that empowers them positively. UNPACKING THE PILLARS FOR IMPACTFUL GIVING Education The trust has partnered with the government, private sector and non-Governmental initiatives in different initiatives aimed at making a change. Recently, BIHL Trust came together with Ministry of Basic Education (MoBE) and Stepping Stone International through an “adopt-a-school initiative” where BIHL
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THE RESPONSIBLE CITIZEN | BUSINESS • COMMUNITY • IMPACT
