How We Practice Social Responsibility
Provictus is committed to maintaining strong relationships with clients and other stakeholders before and after projects in order to fully seek out what is important to them, and also obtain feedback on Provictus’ services and social responsibility. By properly assessing stakeholder values, we are in a better position to understand a client’s needs and expectations. This also allows us to constantly improve our services and social responsibility programs by asking and acting on feedback from stakeholders.
Both international development and supporting entrepreneurial initiatives are causes that we are passionate about, and thus we have decided to send 5% of revenues to growing businesses in need of capital in developing countries through Kiva (www.kiva.org). Kiva facilitates the process of micro lending by connecting financiers in developed countries with small business owners in developing countries via Kiva’s website. There is no interest paid, and the monthly repayment schedule typically lasts 8-12 months. Once a loan is repaid to Provictus, it will be reinvested in other entrepreneurial initiatives found through Kiva. We see this as an opportunity to help other small business owners and entrepreneurs who were born into a world without the same opportunities and privileges that we have benefited from.
Provictus’s founders are already engaged in numerous volunteer activities in the community, but through Provictus will coordinate company volunteer events that will include stakeholders. These events will provide a further opportunity for stakeholder engagement, and an opportunity to contribute more than a cheque to the community.
Socially Responsible Procurement:
As part of practicing what we preach, Provictus will be dedicated to working with suppliers of goods and services which have good corporate social responsibility records. Whether it be acquiring books from a publisher that uses recycled paper, or banking with a more community focused credit union, we will look at the environmental and social impacts that a supplier has and will attempt to do business with those with the best records.