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Corporate

Social

Responsibility

GB Auto has always taken the safety

and well-being of employees seriously,

and has striven to positively impact the

communities in which it does business,

in part through donations to hospitals,

training foundations and educational

funds. Taking this corporate conscious-

ness to the next level, in 2010 the com-

pany created a CSR department with the

aim of streamlining the company’s CSR

strategy and goals.

Vision

GB Auto recognizes its position within

the Egyptian community and the impor-

tance of contributing to the well-being of

the communities inwhichwe operate. GB

Autobelieves in thenecessity of enhanced

cooperation between the private sector

and civil society and close interaction

with governmental authorities in order to

overcome socio-economic challenges.

Mission

Reducing poverty and raising standards

of living in Egypt by fostering:

• Education

• Environment

• Social Actions

Education-Related CSR

Initiatives

GB Auto is a firm believer in the need to

improve educational levels in Egypt. By

doing so, the company seeks to improve

standards of living amongst the popula-

tion by offering thembetter employment

opportunities to support a reason-

able living. Such support will, in turn,

help the country’s growth initiatives.

Working on that belief, GB Auto not only

establishedtheGBAcademy—asoutlined

in the HR section on pages 38-39 of this

report — but embarked on a number

of education-related CSR initiatives.

GB Auto Sponsors Baja SAE,

Helwan University

GB Auto’s graduate programs create

linkages with educational institutions to

position the company as an employer of

choice in Egypt and the region. In light

of this initiative, GB Auto offers develop-

ment opportunities to undergraduate

engineers in local universities. Driven

by this commitment, GB Auto signed

an MOU with the Society of Automotive

Engineering - SAE, Helwan University

to support and sponsor senior students

in their bachelor project in the Baja

competition that was held in Texas from

24-27 March 2014.

The competition aims to encourage

students to manufacture a Baja racing

car, which is a single seated, off-road

race car that can successfully navigate

all types of terrain. The car can drive

across lakes, fly off jumps, go over boul-

ders and logs two feet in diameter, and

can also climb 45 degree slopes. The cars

race on dirt, mud, snow, ice, rocks and

virtually any other terrain imaginable.

The competition also examines the

team business plan, presentation skills,

management, engineering design and

manufacturing skills.

GB Auto Renews Scholarship

for Imbaba Students

With the beginning of a new academic

year, GB Academy has paid a visit to Im-

baba Technical School to provide a full

academic scholarship for 30 new stu-

dents who will be enrolled in the young

technicians program for the academic

year 2014/15 and to orient them to the

program and its objectives. The visit

also aimed at renewing the scholarship

for 29 students who were promoted to

year two of the program and awarding

18 of them with attendance certificates

for having successfully completed a

two-month summer training program.

Khatwa Teghayar Bokra

GB Auto launched an initiative entitled

“Khatwa Teghayar Bokra (A Step to

Change Tomorrow),” aimed at the now

Ministry of Technical Education (which

was, at the time of the launch, a part of

the Egyptian Ministry of Education). The

initiative is still being rolled out and will

be implemented by the GB Academy. The

program aims to develop technical edu-

cation across all governorates in Egypt

Ghabbour Auto | 2014 ANNUAL REPORT

40