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BSRM Group of Companies to broaden CSR activities

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Alihussain Akberali, chairman of BSRM Group of Companies

BSRM Group of Companies, one of the winners of 5th Standard Chartered-Financial Express CSR Award has vowed to broaden its CSR activities aiming to become a symbol of ascent.

“Embarking on a structured CSR department in our conglomerate, we are now looking for a ‘large social project’ from where the whole income earned from the project will be spent to the cause of teeming millions,” Alihussain Akberali, chairman of BSRM Group of Companies told The FE in an interview recently.

He said winning the prestigious award from StanChart and FE has created a ‘new compulsion’ for his conglomerate to be involved more in CSR activities.

“It has raised our responsibility in addition to our existing commitment towards the social and economic development of Bangladesh,” the BSRM chairman said.

He said BSRM Group always tries to reconcile corporate growth with the community uplift.

“We have taken a number of social outreach programmes in education, healthcare, livelihood creation, sports, cultural arena etc. We believe social welfare and business growth should work together.”

The company provides free education through a school in Chittagong from nursery to grade 8 and continues to support these students financially after grade 8 so that they can continue their study in nearby schools.

BSRM also supports prevention of deforestation in Miresharai of Chittagong by giving the community an alternative option to earn their living through agriculture.

It also supports livelihood programmes and training centres for women to empower them to be self-sufficient and give them a way to earn a living.

BSRM initiated solar power water pump and house system to ensure water and electricity supply in remote areas of Sylhet.

“Over the years we are contributing various educational institutions, mosques, Islamic religious schools and other similar institutions. We have also donated to various hospitals for procuring medical apparatus,” the BSRM chairman mentioned.

In last several years for easing traffic congestion and for city beautification, the company funded to construct road dividers to the metropolitan polices in Dhaka, Chittagong and other major cities.

“In winter each year we donate thousands of blankets among the poor all over the country. We also arrange tree plantation each year which contributes a lot to keep the environment green.

To uphold our heritage and culture, we have recently built a “Shahid Minar” at Chittagong Government Women College, Nasirabad in Chittagong,” the BSRM chairman added.

The company is the co-sponsor of famous TV show “Spelling Bee” which helps flourish the knowledge industry.

In all manmade or natural disaster like Rana Plaza accident or old Dhaka (Nimtoli) fire incident, the company contributed to the Prime Minister’s Relief Fund.

Replying to another question, the BSRM Group chairman said government should play a ‘facilitating role’ to promote CSR activities which will ultimately help the country get rid of poverty and unemployment.

BSRM Steels Limited, one of the subsidiaries of the conglomerate got listed on the Dhaka Stock Exchange (DSE) in 2009.

Report: Raihan M Chowdhury
Source: Financial Express

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