Investor Relations
Egyptian Transport and Commercial Services Co., S.A.E
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  So far, the concept of social responsibility was not specifically defined so that it can acquire the legal, national or international binding power. This responsibility is still a moral responsibility, as it derives its power, acceptance and deployment from its voluntary nature. Hence there were several initiatives and events, depending on the nature of the surrounding environment, the scope of activity of the company, and the financial and human resources of each company. This responsibility is not static in nature, but dynamic and realistic and characterized by continuous development to adapt in accordance with its interests and according to the political, economic and social variables.
 
 
 
 
  Applying the Social Responsibility Framework in EGYTRANS
   
  - EGYTRANS fulfill its social responsibility in three main areas :
   
 
1. Responsibility towards its employees and stakeholders.
2. Responsibility towards the community.
3. Responsibility towards the environment.
  1- Responsibility towards its employees and stakeholders :
 
 
 
The company organizes umrah trips for employees in cooperation with the best companies specialized in
  organizing such trips with special prices to be paid over eight equal installments during the months of Ragab,
  Shaaban & Ramadan. This has encouraged many employees and their families to enjoy such religious travel.
The company organizes a Nile Cruise to Luxor and Aswan every year during the mid-year holidays at special
  prices to be paid over eight equal installments.
The company contracted with a large supermarket chain (Zahran) and Mobil gas stations to accept delayed
  payment from employees to be deducted from the salaries.

The company annually contracts with Premium Card Company to accept deferred payment from employees to be deducted from their salaries over ten equal installments.

The company annually contracts with a medical insurance company to cover medicine, examinations, scans, lab tests and surgery for company employees in the best hospitals and pharmacies at reduced costs for an annual sum.  The company covers half of the required amount and the employee pays the remaining sum which is deducting from the employee’s salary in monthly installments.

The company provides its employees with interest free loans with a maximum value of three months’ salary to be paid over 36 months in case of surgical operations, birth, marriage, death, buying a new house, buying a new car or going on Umrah or Hajj
The company gives all employees a seasonal bonus for Ramadan and Eid al-Adha.
The company provides life insurance for its employees through the Commercial International Co. for Life Insurance
  to benefit family members in case of death. This insurance is covered completely by the company.
   
 

The company gives its employees leave with full pay in the following cases:

7 days as a marriage vacation, for those who have spent two or more years with the company.

3 days in case of the death of a husband, wife, child or parent.

2 days in case of the death of a brother, sister, uncle or aunt.

1 day in case of the death of a grandparent or cousin.

   
  2- Responsibility towards the community
 
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1.

EGYTRANS participates as a silver sponsor in the "EFHAM" program in cooperation with:

 
Egyptian Foundation of Education for Employment
Center of International Private Enterprise (CIPE)
Dreaming of Tomorrow Association
   
 

This is an initiative aimed at creating a civil society characterized by depth of knowledge, aspiration for a better future and commitment to the values of citizenship to deal with the challenges facing our youth, by making a positive change and having faith in their ability to bring about change in order to build an effective Egyptian personality able to compete locally, regionally and internationally

 
  .EFHAM initiative provides 6 books supported by  various explanatory  means to link the entrepreneurship with other key components important in the overall development process, and most important of these components is promote the concepts of democracy, participation and citizenship as well as the material about how to start private businesses , the economy and market systems. During the year 2008/2009 the books have been tested on more than 400 students in addition to 60 teachers and 45 trainers from different governorates.
   
 

"EFHAM" activities during 2008

   
 
1. On January 26, 2009, the International Private Enterprise Center held a training course to evaluate the performance of outstanding trainers in Port Said.
  The course was attended by 15 participants from outstanding trainers in Port Said. Every trainer introduced a lesson from EFHAM books "and they exchange of experiences among teachers through an evaluation of the performance of each teacher.
  Based on the results of the evaluation were 7 teams made up of trainer and assistant trainer to hold EFHAM training to students in February 2009.
   
 
2. On January 2009, upon the request of some NGOs and educational institutions in Cairo EFHAM program held a training course in Talaat Harb Cultural Center, Cairo to build a cadre of trainers to be able to old training courses
  A number of trainers in training from the Skills Development Office , Entrepreneurship at the University of Cairo's University affiliated to the CEDO and the Egyptian Association for Educational Resources and the librarians in Talaat Harb have participated
   
 
3. On February 12, 2009, the Skills Development Office and Entrepreneurship at the University of Cairo's University affiliated to the CEDO held EFHAM training course.
  25 students participated in the training course. The training course was distinguished by the cooperation between students.  Each group of students set  action plan to start businesses. The students presented their plans and discuss the pros and cons of the plans with the rest of the students in the other groups.
   
 
4. The program train students in the age of 12- 15 as well as teachers and administrators from public schools in El  Minya and Port Said to provide practical experience and theory by means of  giving information for young people, and teach them how to start their own projects and how to acquire their self skills required to facr the challenges in practical life.
 
5. From 9 to 11 April 2009, a training course was held for three days for the students and teachers in  El Minya. The course was attended by 35 students from 6 schools in Minyia and 9 teachers
  Some outstanding teachers, who attended the training in Minya last November, trained te students. The course included 6 curriculum which are sharing, democracy, citizenship, decision-making, economy, market systems and how to start your own business
  At the end of the workshop, a group of students developed an action plans for special projects and community service projects. They also presented the project ideas on the demonstration boards to exchange views and experiences between students and teachers. Te course was attended by representatives of the Ministry of Education and the Ministry of Social Solidarity and Businessmen in Minya
   
 
6. "Presentation Skills" training course was held for EFHAM students in Minya and Port Said from 5 to June 7, 2009.
  The course was attended by 40 students and 6 trainers from the schools participating in the program. The students presented their projects competing in EFHAM Best Action Plan Competition. The course as well was attended by some businessmen from Minya, Port Said and Cairo. The students discussed their plans with the participants
   
 
7. The third annual conference for EFHAM entrepreneurship was held on June 9, 2009 at five pm in the Hall of Saqya El Sawy - Zamalek.
 
 
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  3-Responsibility towards the environment
   
 

EGYTRANS is committed to applying occupational health and safety procedures in order to secure its work environment and was granted the OHSAS 18001 certificate.  The company also acts to prevent practices leading to environmental pollution and has obtained ISO 14001 certification for this purpose.

1. Preventing smoking in all of its locations for all employees and visitors
 
2.  The company and all of its branches take active steps to secure the work
  environment against physical risks resulting from:
 
Severe heat and cold.
Noise and vibrations.
Intense light.
Dangerous and harmful radiation.
Atmospheric pressure changes.
Static and dynamic electricity.
 
3. The company is committed to providing effective means of risk prevention and mitigation, including means of
  providing first aid, rescue and cleanliness in workplaces
 
4. The company and its branches are committed to following the required procedures, precautionary measures and
  stipulations required to prevent fire risks, which are:
 
All firefighting tools used must conform to Egyptian specifications
Maintaining firefighting and prevention equipment by using the latest tools and providing warning and early
  warning equipment
The company is committed to inform the concerned government body of the contingency plan and any
  amendments therein.
 
5. Applying all of the above-mentioned procedures to ensure:
 
Individual safety
Equipment safety
Building safety
 
6. The company is committed to applying the laws and regulations required to protect environment as follows:
 
Preventing smoking
Collecting and disposing of waste
Getting rid of liquid and solid wastes to preserve environmental safety
Applying all laws related to the fifth section of Labor Law 12 for the year 2003
   
 

EGYTRANS joins the UN global Compact

 
 

On Tuesday, August 25, 2009 the Egyptian Company for Transport and Commercial Services (EGYTRANS) joined the UN Global Compact. The compact constitutes a framework that allows committed companies to align their operations and strategies with ten globally accepted principles in the areas of human rights, labor, environment and fighting corruption. The Global Compact is considered the largest global initiative to create a sense of corporate citizenship - as thousands of people from more than 100 countries all over the world have joined it.

 

The UN Global Compact asks companies to embrace, support and enact within their sphere of influence, a set of core values:

Human rights

Principle 1        Businesses should support and respect the protection of internationally proclaimed human rights; and

Principle 2        make sure that they are not complicit in human rights abuses.

Labor

Principle 3        Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining;

Principle 4        the elimination of all forms of forced and compulsory labor;

Principle 5        the effective abolition of child labor; and

Principle 6        the elimination of discrimination in respect of employment

and occupation

Environment

Principe 7         Businesses are asked to support a precautionary approach to environmental challenges;

Principle 8        undertake initiatives to promote greater environmental responsibility; and

Principle 9        encourages the development and diffusion of environmentally friendly technologies

Anti-corrupt ion

Principle 10      Businesses should work against corruption in all its forms, including extortion and bribery.

 

EGYTRANS has committed to complying with these principles in its workplaces and processes and with all stakeholders beginning from the date of joining the compact.

       
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  This page was last updated on 01/05/2010
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