Top 25 Corporations Demonstrating Best Practices in ESG 2024

As a technology company at the forefront of innovation, Craft Silicon inherently aligns with the principles of Environmental, Social, and Governance (ESG) through the very nature of its work.

#22

CRAFT SILICON

Prominent financial and technology solutions provider, Craft Silicon, has firmly established itself as a global leader in the software industry. Founded in the year 2000, the corporation has its global headquarters in Nairobi, Kenya and Bangalore, India. Craft Silicon envisions becoming the leading software provider in the financial domain, particularly in emerging markets.

With a well-structured software development house, Craft Silicon boasts various teams dedicated to development, support, implementation, quality assurance, report development, technical writing, and help desk services. The company’s high-tech campus houses centres engaged in cutting-edge software development, research, and alternate channel development. Over the years, Craft Silicon has experienced consistent growth, expanding its employee base to over 300 globally and establishing a physical presence in Africa and Asia. The company proudly supports more than 350 client businesses in over 30 countries.

As a technology company at the forefront of innovation, Craft Silicon inherently aligns with the principles of Environmental, Social, and Governance (ESG) through the very nature of its work. The transformative impact of technology on various facets of business and society underscores Craft Silicon’s commitment to ESG principles.

 First and foremost, technology, as developed and implemented by Craft Silicon, accelerates efficiency and promotes business sustainability. Through cutting-edge solutions, the company enhances operational efficiency, streamlines processes, and contributes to the optimisation of resources. This efficiency not only translates to cost savings for businesses but also minimises their environmental footprint by reducing waste and energy consumption.

 Additionally, Craft Silicon’s commitment to sustainable practices is evident in its development of digital solutions that promote paperless transactions, reducing the need for physical documentation and lowering overall paper consumption. Moreover, the optimisation of business processes through technology more often than not leads to reduced travel and associated carbon emissions, contributing to a greener and more sustainable environment.

 On the social front, Craft Silicon’s commitment is exemplified through the Craft Silicon Foundation, a registered non-profit organisation since 2010. The Foundation operates with the mission of empowering youth, children, and communities through free Information and Communication Technology (ICT) education and services. Under the visionary leadership of Madam Priya Budhabhatti, Craft Silicon Foundation has positively impacted over 14,457 beneficiaries across Kenya, Uganda, and India.

 The Foundation’s flagship program, the Free Computer Education (Digital Literacy Program), aims to bridge the digital divide by providing computer literacy to marginalised communities. The program is delivered through a mobile computer bus fitted with state-of-the-art ICT resources, including computers, servers, internet connectivity, and solar panels for power. Craft Silicon Foundation operates in Kenya, Uganda, India, and lately Ethiopia, with a focus on reaching slums and empowering women and children with essential digital skills.

Craft Silicon Foundation has invested in solar powered computer buses fitted with the latest and most advanced ICT
resources for effective and up to date training. The buses visit informal settlements in Nairobi where women, youth and
children are able to access the internet and the Digital Literacy program for free.

 The Digital Literacy Program addresses the global issue of the digital divide, ensuring that individuals, especially women and children in poor neighbourhoods, have access to technology. By promoting universal digital literacy, Craft Silicon Foundation aims to enable these individuals to seize opportunities, become self-reliant, and contribute to the development of their communities.

 Craft Silicon Foundation’s impact since its inception is commendable, with 36,300 beneficiaries, 2,300 currently enrolled students, and 6,200 individuals employed in IT backgrounds. The program has successfully transformed the lives of many, providing specialised exposure and training in basic, intermediate, and advanced ICT skills. The Foundation’s efforts have been recognised with awards such as the AITEC East Africa Innovation Award and the CIO100 award for excellence in enterprise IT deployment.

A student at Craft Silicon Foundation being awarded a certificate by University of Nairobi Prof Bitange Ndemo on successful completion a 3 months intense raining in information technology and internet services by use of resources in the solar powered mobile computer bus.

 Craft Silicon stands as a paragon of ethical and transparent corporate governance within the technology sector. At the heart of its approach lies a robust governance structure, meticulously defining roles and responsibilities at every level of the organisation. The corporation places a premium on data security and privacy, implementing stringent measures to safeguard sensitive information in an era where cybersecurity is paramount. A commitment to regulatory compliance underscores its operations, with regular assessments ensuring alignment with dynamic industry standards. Ethical considerations form the bedrock of decision-making, transcending mere legalities to instill a culture of integrity and accountability.

Craft Silicon embraces transparency, openly communicating with stakeholders about financial performance, business strategies, and potential risks. This commitment extends to meaningful engagement with customers, employees, investors, and the community, fostering positive relationships that contribute to the company’s credibility and sustainability.

 In essence, Craft Silicon, more so through the Craft Silicon Foundation, exemplifies a holistic approach to impactful ESG practices. As the corporation continues to expand its impact globally, it remains a beacon of positive change, promoting digital literacy and empowerment in communities that need it most: ensuring the future.

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Dr. Hanningtone Gaya

Dr. Hanningtone Gaya

Kenya’s Dr Hanningtone Gaya, holds a PhD in Commerce in Business Management from Nelson Mandela University (NMU), is viewed as an authority in country branding and is the founder chairman of the Brand Kenya Board.

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