Page 60-61 - gb-ar17-screenres-

Basic HTML Version

60 • 2017 ANNUAL REPORT
2017 ANNUAL REPORT • 61
In November, the foundation signed a protocol with the
Ministry of Trade and Industry to establish the Imbaba
Automotive Vocation Training Center, renovating and
outfitting the center with modern technological tools at
a total cost of LE 25million.The foundation also provided
training modules for teachers and enhanced the school
management system. In addition, it signed a partnership
agreement with Saxony International School (SIS), an
educational organization responsible for creating and
managing a network of top-tier educational institutions.
The agreement will allow SIS to integrate a German dual
education curriculum that blends practical and theoreti-
cal educational approaches at the center. The foundation
plans to donate LE 14 million annually to support school
operations and fund student scholarships.
Environmental Awareness
Throughout the year, GB Auto took steps to lower its
environmental footprint while making sure to raise
awareness of environmental issues with its staff
members. In 2017, the company worked with the Na-
tional Center for the Study of Occupational Safety and
Health to improve environmental impact at all levels
of the organization, taking calculated steps to manage
GB Auto’s Corporate Social Responsibility (CSR) plat-
form is a four-pronged approach aligned with both our
sustainability agenda and business strategy. The first
area of focus is vocational training, seeing the company
working to develop a more efficient and robust voca-
tional education framework that improves the lives of
Egyptians and bolsters the economy’s ability to grow.
The second plank is environmental awareness as the
company seeks to preserve the communities in which
it does business. Road safety is the third focus, with GB
Auto raising awareness about the severity of the issue
across the country.
Education
GB Auto’s f lagship project for 2017 was the establish-
ment of the GB Foundation for Development, with
a mission to develop a vocational school model
thatoffersstudentsaninteractive learningexperience.
GB Auto f irmly believes that an emphasis on voca-
tional training will directly lead to the betterment
of society as it plays a critical role in equipping
young people with the right skills to meet labor mar-
ket needs, fueling competitiveness while reducing
youth unemployment.
Corporate Social
Responsibility
noise level, humidity, heat degree stress, the level of il-
lumination intensity, radiation capacity affecting UV,
magnetic flux density, overall mechanical vibration
process, metal fumes and vapors, caustic soda spray
and industrial wastewater.
In2017, GBAutoput inplaceawastewaterdischargeman-
agement plan and developed an industrial wastewater
unit where industrial wastewater is treated. The output
is measured by the National Center for the Study of Oc-
cupational Safety and Health on a regular basis to make
sure the company conforms to lawful limits.
GB Auto supports the deployment of modern machinery,
using modern furnaces where fumes are compressed into
the surface of water and delivering them to Eco Converse
Company for Environmental Services (a company man-
dated under Egypt’s Ministry of Environment) which then
separatesthefumesanddisposesofthemsafely. Itisthrough
Eco Converse that the company also manages hazardous
materials/substances and waste, transporting hazardous
waste to designated locations away from residential areas.
GB Auto also works with the Industrial Zone Municipality
todisposeof solidwastesafelyandefficiently fromitsplants.
Corporate Social Responsibility
To ensure employees work in the most comfortable,
healthy environments, the company installed a water
desalinationsystemat its plants soworkershave constant
access to potable drinkingwater.
Road Safety
GB Auto recognizes the gravity of road safety prob-
lems Egyptians face. As such, GB Auto launched the
second iteration of its Safe Driving Initiative in 2017.
In collaboration with Hyundai Motor Company, the
three-week initiative is certif ied by the British Driv-
ing Safety and Control Agency and tackles dangerous
driving habits, like using a cell phone while driving,
not fastening seat belts, driving while under stress
and driving under the inf luence of narcotics, among
others. This year’s event was yet another success, with
1,000 drivers who drive passenger cars, buses, and
trucks, in addition to drivers from large corporations
and schools participating in the program. Some 190
GB Auto drivers took a Compressed Advanced De-
fensing Driving Course offered under the initiative.
The two-day course featured a theoretical and practi-
cal segment with an assessment on the second day for
76 bus, 58 truck, and 36 passenger car drivers.