We aim to provide our valued customers with support from the successful introduction of the integrated customer management system to your daily operations.
CSRI plays an integral role in enhancing the brand and fostering brand affinity. To expand CSRI initiatives, operationalizing the Kenya Power Foundation, established in 2013, is crucial. The foundation will serve as the platform through which the organization channels its strategic social impact programs and fundraising efforts. Funds raised will amplify the impact of key programs and mitigate the effects of low investment in this area.
In the Patron model, board members primarily provide financial support to the organization and leverage their connections to attract external donations. In this case, Kenya Power PLC will assume the role of the patron, contributing financially and leveraging its influence for fundraising efforts. This involvement aims to secure financial support and safeguard the interests of the Foundation.
In this model, the primary focus of board decisions should revolve around establishing policies. KPF will be overseen by a Board of Trustees responsible for setting policies, devising strategies, and approving investments. Its composition will include an expatriate member to provide specialised expertise in focus areas and offer oversight to the Managing Trustee, who will manage the Foundation's day-to-day operations.
The Company will be expected to provide an initial seed fund of at least 30 million or 1% of annual net profits towards CSRI activities as stipulated in the new CSRI policy. The Foundation will utilise this seed funding to expand its funding portfolio. In addition, it is proposed that the Foundation considers various funding models to source for funding and enhance its capacity to undertake the various initiatives enumerated above.
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