About PROVENOur Impact
At PROVEN, we believe that our success is intrinsically tied to our commitment to Corporate Social Responsibility (CSR). We recognize that our operations impact not only our clients and shareholders but also the communities and the environment in which we operate.
Community Development, Education, & Entrepreneurship
It is our responsibility to contribute to the Caribbean’s economic growth in any way possible.
Maintaining social responsibility as an organization is no simple task . The enormity of the responsibility is that much more palpable in the aftermath of severe global events like the pandemic . While the world continues to steadily work on establishing and embracing the ‘new normal’, there remain many unknowns and a sense of apprehension about what may be next . However, at PROVEN Group, we contend with the various needs across our communities all to support growth and to persevere . We are building strong financial foundations with integrity . We are strengthening community ties through teamwork . We are sustaining success with our performance . We are helping when needed most with respect . We are committed to driving meaningful change through our Corporate Social Responsibility (CSR) commitments because We.Are.PROVEN .
We spent
USD$264,542
on our CSR portfolio. A 107% increase year over year..
Key areas of FOCUS
For the financial period ending March 31, 2023, our three core areas within the CSR framework remains – Community Development, Education, and Entrepreneurship . We continue to see increased demands in the post-pandemic era as collective efforts expand around raising funds and meeting specific needs related to education, healthcare, and sports . Significant demands were observed in Community Development and Education as reflected in the total expenditures for the period .
COMMUNITY DEVELOPMENT
Community Development remained a central pillar of our CSR efforts . In the period under review, PROVEN allocated USD$233,165 .20 to various projects, an impressive 118% increase from the previous year . Through collaborative partnerships with organisations such as the Jamaica Paralympic Association, Jamaica Cancer Society, United Way of Jamaica, NY 60th Jubilee Gala, and Churches Community Giving, we worked diligently to foster positive change in the areas of healthcare and sports . Sporting activities supported included Netball, Tennis Jamaica Davis Cup, and Jamaica Inn Backgammon Tournament . Fraser McConnell, Jamaica’s most successful professional racing driver, was also a beneficiary of PROVEN’s philanthropic efforts, helping to bolster his continued success internationally . These initiatives have not only enriched the lives of individuals but also strengthened the bonds within our communities .
EDUCATION
Our commitment to education remained resolute, with the largest year-over-year increase of 133% in funding . A total of USD$26,356 .04 was invested in programmes aimed at improving educational outcomes and increasing access to essential resources . By collaborating with esteemed institutions like the University of the West Indies (UWI), we contributed to a brighter future for numerous students . We believe that education is the cornerstone of progress and we are dedicated to providing opportunities for growth and learning .