Employee Giving and Volunteering

Our Employee Giving and Volunteering program was set up to encourage employees to give back to the community and to instill the integral corporate culture of giving. The programme is structured around two elements:

Volunteering: this involves employees volunteering their time and skills to support philanthropic activities. This provides opportunities for employees to use their capabilities in varied contexts, develop new skills, partner with people within and outside the Bank, and expand their horizons.

Giving: this involves employees donating material resources to the less privileged including cash. Our giving is mainly driven through a crowdfunding approach. Crowdfunding enables large numbers of people to make small contributions or donations to a cause.

The approach is three-pronged:
Strategic alignment: our volunteering activities and initiatives must be aligned with our corporate responsibility and sustainability strategy.

Partnerships: the initiatives are also implemented by leveraging existing partnerships, such as LEAP Africa, the Down Syndrome Foundation, Junior Achievement Nigeria and the Nigerian Conservation Foundation.

Participation: Employee Giving and volunteering is open to all employees; for some projects, a subset of employees who possess the required expertise are targeted. For example, the FutureFirst financial literacy and career counseling program are driven by employees with the appropriate skills and knowledge. In addition, employees are encouraged to begin and promote their personal initiatives. These initiatives are often recognised and rewarded by the Bank for outstanding performance.

The program aligns with the four core areas of our Community Support Pillar: education, health and welfare, economic empowerment, and the environment:

Education: volunteers are expected to train or mentor students and members of the local community on specific subjects identified as knowledge gaps that hinder them from doing business. Programs include; FutureFirst, and the
Youth Leadership and Development program.

Economic empowerment: volunteers use their skills to empower students, community groups and displaced people through coaching and teaching. Programs include FutureFirst and entrepreneurship.

Health and welfare: volunteers give their time, energy and financial resources to the aged, orphans, the less privileged and the sick. Such initiatives include; the Hope Rising program and visiting the less privileged.

Environment: the Bank supports training that encourages employees adoption of responsible practices that positively impact the community. Such initiatives include; staff training and the Environment Conservation program.

In 2018, staff volunteers participated in different CRS activities of the Bank which included Global Money Week; World Savings Day as well as the Youth Empowerment Series. These activities were designed to provide students
with practical business experience through the organization and operation of an after-school business enterprise program as well as passing on the relevant skills and values, such as good judgment, hard work, integrity, confidence, and collaboration.