Our main purpose is to help people achieve their ambitions ...

Sustainability

Cim Finance has over 35 years played a critical role in driving both economic growth and social progress. Our main purpose is to help people achieve their ambitions because finance can be a key enabler of social and economic progress when it is dealt with in the right way. We know how our day-to-day decisions impact on society and how our innovative products, services and solutions deliver both social and financial prosperity. We aim at doing business that provides our clients, shareholders and the communities we serve with access to a prosperous future by using our skills, resources and commitment to deliver the best results for all stakeholders and by seeking fair, ethical and open solutions to problems.

Corporate Social Responsibility

Cim Finance is committed to making a positive impact on the lives of less privileged members of our society not only by funding worthwhile causes but also by encouraging our staff to participate in our CSR efforts. To be more impactful and at the same time help as many beneficiaries as possible, our CSR efforts are focused on the three areas below. We work with non-governmental organisations operating in these areas where we have developed close working relationships over time.

Education

Education is an essential factor to good citizenship and enables people to contribute to their community and their country. Financial literacy is a key foundation in an individual’s life to enhance his/her ability to make smart decisions and achieve personal and financial goals.

Environment

Environmental sustainability is about making responsible decisions that will increase positive impacts on the environment. We value sustainable progress as much as immediate achievements. We thus help leverage capital for crucial social and environmental infrastructure.

Community

We are committed to working constructively within social groups to create more resilient and sustainable communities. We try to find ways to positively impact these communities, especially children, teenagers and women. We also believe that promoting sports is crucial to the integral development of our society and support initiatives uplifting the social values of sports activities.

Activities carried out during the financial year 2022-2023

Promoting local talents

At Cim Finance, we strongly advocate for arts and culture as a pathway to the holistic wellbeing and development of communities. Under this pillar, we continue to lend our support to initiatives that promote our local talents and showcase their creativity. Several events were sponsored to this end, including, amongst others: Gaata Rahe Mera Dil, Cassiya Roots, Humour 2023% morisien, Nando’s Royal Life Saving Society Open Water Swim, Festival du Livre de Trou d’Eau, Collection Maurice and two classical music contests (Rameau à Ravel and Vivaldi à Puccini).rty.
Housing projects in Cité CIM, Rivière Du Rempart

Cim Finance has been engaging closely with the inhabitants of Cité CIM since 2015, offering food donations and ad hoc support when they needed it. In the aftermath of the devastating floods that struck Cité CIM in 2016, several families were abruptly rendered homeless, almost overnight, jeopardising their immediate wellbeing, and threatening their long-term livelihoods and futures.
Having nurtured a close relationship with the community members, we made it our responsibility to rebuild Cité CIM. Our goal? To offer stable housing that is less vulnerable to disasters, and that
allows these families to focus on their personal and professional development.

Fast forward to today, seven years later, MUR 21 million has been invested into building and renovating 25 homes. And this marks only the beginning of our ardent commitment to uplift lives at Cité CIM.
Panchavati Housing Project in Rivière Du Rempart

On 07 March 2023, Cyclone Freddy became the longest-lived tropical cyclone ever recorded and became officially, at the time, Earth’s most energetic storm on record. The storm travelled from Australia across the southern Indian Ocean, striking Mozambique, Malawi, Madagascar, Reunion Island and Mauritius. Destructive winds and extreme rainfall generated severe floods, uprooted trees, swept away homes and displaced thousands of people. In Panchavati Village, in the North of Mauritius, the inhabitants of the village called upon us to help rebuild a house that was burned down during the cyclone.

École Renganaden Seeneevassen in Cassis

In pursuit of our efforts to raise the level of education at École Renganaden Seeneevassen, we revamped the library and reorganised the space to be more inviting, and spark interest in reading among the children. In addition to that, between August 2023 and October 2023, we set up remedial after-school classes in an effort to enhance the academic achievements of 34 children in Grades 5 and 6. These sessions, conducted three times a week, provided personalised support for students requiring additional help, as well as refreshments and transportation.
Drug Prevention Programme for the community – Family United Training Workshop

Through the Cim CSR Fund, we proudly initiated the Drug Prevention Programme - Families United Training Workshop, in collaboration with esteemed partners. The first workshop was graced by the presence of the Honourable Minister Fazila Jeewa-Daureeawo, and aimed to empower the community in the prevention of drug use. 60 participants from diverse organisations, including NGOs and certain national institutions, enthusiastically participated in the training and were equipped with the knowledge and tools to deliver primary drug prevention to parents, caregivers and young people within the community. To ensure the effectiveness and impact of this programme, an Implementation Plan and Evaluation Plan were formulated, laying out how to transform the acquired skills into tangible actions, and how to measure and monitor the progress made. We are extremely grateful to the participating NGOs, who actively contributed to these discussions and imparted their deep knowledge of the topic.
Gender Links – Boot Camp in Rodrigues

This initiative tackled the issue of poor sexual education and health, which has particularly devastating consequences for women, such as unwanted sex, early or unplanned pregnancies, health risks, stigma and vulnerability to violence, amongst others. Carried out by Gender Links, a South-African organisation committed to promoting gender equality, ending gender violence, and building the capacity of women, the Adolescent Sexual and Reproductive Health and Rights (ASRHR) bootcamp took place in Rodrigues in 2023. The objective was to empower the youth in Rodrigues with extensive knowledge, practical skills, and the confidence to make well-informed decisions about their sexual and reproductive health.
The Barbarians Sport Trust - DEVELOPMENT OF WOMEN’S SPORT

The Mauritian Barbarians women’s team received an invitation to participate in the prestigious 2023 Emirates Dubai 7’s. In recognition of the outstanding achievements of these women in 2022, we sponsored three players from the team hailing from underprivileged backgrounds. One of the core objectives of the Mauritian Barbarians is to identify and develop rugby talent across all sectors, including in socially vulnerable and disadvantaged communities in Mauritius. The aim is to cultivate and hone existing talent, providing aspiring rugby players with the discipline and preparation they require to represent their clubs, and potentially their country.

Energy transition

Energy transition stands at the heart of our environmental initiatives. Cim Finance is proud to be actively helping Mauritians transition to green mobility and shaping a more climate-friendly future for our island through environmentally-impactful projects. In addition to decarbonising our own internal activities through the incorporation of hybrid vehicles in our fleet, and offering a car-charging facility for electric vehicles, our flagship project under our Energy Transition pillar is the Green Lease financing plan introduced in 2021.
Mauritius Wildlife Foundation

Cim Finance remains committed to environmental stewardship and conservation by protecting Mauritian endemic species and restoring entire ecosystems. Our support extends to The Mauritian Wildlife Foundation (MWF), which is the largest NGO in Mauritius exclusively dedicated to the conservation and preservation of the nation’s endangered plant and animal species.
In a tangible display of our commitment, Cim employees engaged in weeding activities at Mondrain Nature Reserve, a protected natural areas covering five hectares, and a treasure trove of biodiversity. They also participated in a guided visit led by the Flora Conservation Biologist to foster greater awareness and a sense of responsibility in safeguarding the unique biodiversity of our island.
Martello Tower Heritage – NGO Friends of the Environment

In the 1990’s, Friends of the Environment initiated a noteworthy project to restore the historic Martello Tower on the coast of La Preneuse. This declared national monument serves as an important fragment of the island’s history, having been built during the 19th century as a coastal defensive fort. Over time, the tower fell into a state of neglect and served as a dumping ground for waste. We extended our support to this commendable project in line with our commitment to restore and preserve our natural heritage, while also enriching the local community through the employment of local guides.
The restoration of the tower was a multifaceted project encompassing several components, including investments in modern and dynamic marketing strategies, the installation of directional road signs, the development of a dedicated website for visitors reservations, structural improvements, and the refurbishment of the museum.

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