Sustainability & Corporate Social Investment

Sustainability & Corporate Social Investment

Sustainability & Corporate Social Investment

The Higher Education Loans Board (HELB) was established by an Act of Parliament CAP 213A in 1995 to disburse loans to needy Kenyan students pursuing university education and thereafter recover the loans after completion of their studies. The aim is to create a revolving fund from which future generations can borrow to pursue higher education hence creating sustainability. The Board also participates in Sustainability & Corporate Social Investment (CSI) activities so as to integrate our core business values and operations within the communities we operate in.
CSI Pillars

1. Education

Under the UN Sustainable Development Goals [SDGs], SDG number 4 introduces fundamental view of higher education learning that governments must undertake to ensure inclusive and equitable quality lifelong learning
opportunities for all. On behalf of the Government of Kenya, HELB is well equipped to help Government achieve this goal by 2030. In addition to financing higher education, HELB supports the achievement of education for children in the areas where we operate. This may include helping to equip and rehabilitate educational institutions as well as any other activity deemed to support financing of higher education, managed funds or potential partners to come on boards

2. Environmental Management

Under the UN Sustainable Development Goals, SDG number 15 addresses the need to sustainably manage forests, combat desertification, halt & reverse land degradation and halt biodiversity loss. HELB will support efforts towards environmental stability, by engaging in conservation activities agreed upon from time to time as well as any other activity deemed to support financing of higher education, managed funds or potential partners to come on boards

3. Charity Work

In the spirit of participating in the communities we work and live in, HELB has also considered undertaking charitable activities that include visiting children’s homes, visiting the terminally sick and donating products
that may be deemed needed at the time of the visit as well as sponsoring and participating in any other activity deemed to support financing of higher education, managed funds or potential partners to come on boards.
In the table below are the CSR activities the Board conducted in the 2017/2018 Financial Year.

For the 2017-2018, the Board participated in seven CSR activities Out of the seven events, three focused on Education Pillar (Thika School for the Visually Impaired, Don Bosco Boys and Zabibu Education Centre), two on
Health (StanChart Marathon and Mater Heart Run); and two on Environmental Pillar (Ngong’ Tree Planting and Ndakaini Half Marathon)

Corporate Sustainability Report

This, our ninth annual CR report, provides information and performance data on our operations during our 2016 fiscal year. In this report, we share our progress against the ten CR commitments we introduced in 2016 as part of our enhanced CR strategy. We explore the importance of addressing social and environmental challenges in a connected manner, share our challenges and impacts, and highlight the next steps on our CR journey.

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