Building a Better World Together: Our Commitment to Corporate Social Responsibility.

Our Area of Responsibility:Education, Orphanage, Sports, Environment

Unearthing Social's Treasures

The INDEX Group has proposed a clearer definition of CSR in its new communication views, stating that it is “the responsibility of enterprises for their impacts on society and outlines what an Enterprise should do to meet that responsibility.” An enterprise’s primary goal is to add value by creating the goods and services that the public wants and needs. By doing this, it makes money for its owners and shareholders and contributes to the welfare of the community at large, especially via the creation of jobs on a continuous basis.

Although there is no “one-size-fits-all” solution and the CSR process remains informal for the majority of Index Group’s small and medium-sized operations, complying with legislation and collective agreements negotiated between social partners is the basic requirement for INDEX group to meet its social responsibility. Furthermore, INDEX Group has implemented a method to incorporate social, environmental, ethical human rights, and consumer issues into their company operations and core strategy in close collaboration with their stakeholders. The viewpoint’s goal is as follows:

• To maximize the creation of shared value, which means to create returns on investment for the company’s shareholders at the same time as ensuring benefits for the company’s other stakeholders;
• To identify, prevent and mitigate possible adverse impacts which INDEX Group may have on Society afterwards Important features of the new definition
• Recognition of the importance of core business strategy. This is consistent with the approach taken by INDEX Group for which social responsibility and sustainability have become an integral part of its Business model
• Development of the concept of “creating shared value”. This refers to the way in which enterprises seek to generate a return on investment for their owners and shareholders by means of creating value for other stakeholders and society at large. This links CSR strongly to innovation, especially in terms of developing new products and services that are commercially successful and help to address societal challenges
• Explicit recognition of Human rights and ethical considerations in addition to social, environmental and consumer considerations

Education CSR Strategy

The INDEX Group has valued lifelong learning since the development of its CSR Strategy, and this ongoing endeavor to promote a comprehensive approach to education and training has been mainstreamed in the corporate version. The INDEX Group is essential to steadily enhancing the country’s education and training systems. Over the last few couples of financial period, the fund of Index Group has enabled key actions to support the education & training programs in line with the emphasis on human

• The Need for Policy Intervention: Index Group’s professional research team has identified many variables that render Bangladesh particularly vulnerable to environmental deterioration. A few examples are the fragile ecosystem, sensitive flora and fauna, wetness of land, high human density, dependency on foreign money for industrialization, and mass poverty. This fragility compels Bangladesh to go above and beyond to defend her ecosystem
• The Importance of a Social Movement: Based on the findings of INDEX Group’s research study in R&D, there are certain actions Index Group may do to address environmental issues in collaboration with the government as a support partner. INDEX Group works in accordance with government authorities and in partnership with others, capacity development.

INDEX Framework Infrastructure Development

The INDEX Group assessed that educated people are very lucrative for the nation since they give more to welfare systems than they receive in return. In actuality, the more educated a population is, the more they consume, earn, and pay in taxes, including social security, and the less they require public expenditure for things like raising their children and funding pension plans, etc. Besides, the group concluded that higher education attainment also leads to better health conditions and longer lives, higher levels of societal engagement and democratic participation and lower criminal activity. The INDEX Group has been a major funder of lifelong learning in its last few programming periods; that is focusing on young people, low skilled and older workers who has been employed after having benefited from the Fund. For the educational development, around 142 educational institutions so far have been given financial donations from the group for their infrastructure development.

Orphanage

“And if anyone saved a life, it would be as if they saved the life of all mankind.” (Al Quran 5:32) The Orphan & Orphanage Development Program is a nonprofit initiative of Index Group that is firmly rooted in the belief of saving lives as a priority for all of mankind. The group is dedicated to alleviating human suffering without any discrimination based on race, religion, or cultural background. Despite the numerous challenges, our efforts have yielded significant success in providing food, medicine, and emergency humanitarian aid to the most vulnerable individuals across the country, thereby positively impacting thousands of lives. Here we have some orphanages under Index Group, which are-

• Faiz A Rabbaniyya Hafezia Madrasa
• Faiz A Rabbaniyya Boys Orphanage
• Syeda Kohinoor Begum Noorani Madrasa
• Faiz A Rabbaniyya Alim Madrasa
• Allama Yakub Ali (RA) College

Index Group works tirelessly to offer timely and adequate assistance to people throughout the country, encompassing humanitarian services such as food, shelter, healthcare, and education. Additionally, we extend our support to individuals affected by socio-economic and political turmoil, victims of natural disasters, and other catastrophic events. In the realm of community and human development, Index Group actively aids people in coming together and managing their lives. Our commitment to supporting orphanages and advocating for sponsorships and individual development of orphans remains unwavering.

Sports

It is strongly believed by the group that, sport and physical education is fundamental to the early development of youth and the skills learned during physical education and sport contribute to the holistic development of young people. Through participation in sport and physical education, young people learn about the importance of key values such as:

• Honesty & Dedication
• Leadership &Teamwork
• Fair Competitiveness
• Adherence to Rules

It also provides a forum for young people to learn how to deal with competition and how to cope with both winning and losing situations. These learning aspects highlight the impact of physical education and sport on a youth’s social and moral development in addition to physical skills and abilities. In addition to physical benefits, physical education and sport also have strong influences on inclusion and community building, character-building and delinquency and community safety. Considering the facts in understanding, from the year 2012, the INDEX Group has stepped into different youth development programs through sports and got remarkably well involved in sports which resulted in achievement of tremendous success later on. Currently, INDEX Group is proudly sponsoring the following renowned sporting clubs and youth groups:

• Bangladesh National Women Cricket Team
• Hokey Team of Mohammedan Sporting Club Limited
• Women Cricket Team of Mohammedan Sporting Club Limited
• Chess Team of Mohammedan Sporting Club Limited
• National Kabadi Federation of Bangladesh
• Dhaka Mariners Club
• Victoria Club, Dhaka
• World Hockey League(Round 2)
• 10th Hero Asian Cup
• National Summer Badminton
• National Weight Lifting
• Dhaka Wari Club
• Victoria sporting Club
• Bangladesh Sporting Club
• Bangladesh Shooting Sports Federation
• National Championship Cycling
• Olympic Solidarity Technical Course (level-2) for Coaches in Archery
• 7th Index Under 10 School Rugby Compitition-2018
• TRI-NATION INTERNATIONAL THROWBALL TOURNAMENT-2018

Environment

Bangladesh is suffering from severe environmental deterioration. The issue has reached crisis proportions in many ways. Bangladesh is particularly sensitive to environmental harm due to a number of variables. There are examples of how environmental conservation and economic growth agendas may coexist.

Recognizing this fact, INDEX Group has prioritized solving rising environmental challenges in its corporate CSR policies:

• The Need for Policy Intervention: Index Group’s professional research team has identified many variables that render Bangladesh particularly vulnerable to environmental deterioration. A few examples are the fragile ecosystem, sensitive flora and fauna, wetness of land, high human density, dependency on foreign money for industrialization, and mass poverty. This fragility compels Bangladesh to go above and beyond to defend her ecosystem.
• The Importance of a Social Movement: Based on the findings of INDEX Group’s research study in R&D, there are certain actions INDEX Group may do to address environmental issues in collaboration with the government as a support partner. Index Group works in accordance with government authorities and in partnership with others