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IQ-EQ Mauritius renews its commitment to the community

19 Oct 2022

As part of the 30th anniversary celebrations in Mauritius, we’ve renewed our commitment to support local NGOs I Can School and Reef Conservation, and the National Blood Transfusion Service. We also started a new partnership with Sponsor a Child.

Feroz Hematally, Chair of the IQ-EQ Mauritius CSR Committee said: “At IQ-EQ we are not just a financial hub, but we are also giving back life to our community on our 30th anniversary.”

I Can School

The NGO helps children with autism and disabilities to develop their creativity and basic skills. IQ-EQ has recently sponsored the school in moving to a new facility, where our people helped with plumbing and painting. We’ll offer further support with the purchase of pedagogic tools, electric supplies and security doors.

Vrinda Luchmaya, Head of I Can School said: “With the help of IQ-EQ and other sponsors we have made it. We are very happy that the school is going to continue and that every child has a place.”

Reef Conservation

IQ-EQ organised two beach clean-ups in collaboration with the NGO Reef Conservation to collect and recycle waste on beaches in the north of Mauritius. Boat trips were also organised to educate IQ-EQ employees on the island’s marine environment. Next, we will sponsor the Eco School project for students of Rodrigues.

Sponsor a Child

We also announced a new sponsorship with the NGO Sponsor a Child to provide support to children with educational needs who are in schools and colleges in Mauritius and Rodrigues. IQ-EQ will provide sponsorship to 30 students up to tertiary education, with the commitment of over MUR 1 million over the next three years.

Blood donations

Feroz Hematally explained that IQ-EQ has also been actively supporting the National Blood Transfusion Service and the Ministry of Health & Wellness. We held our second blood donation drive of the year in early October, which over this year has brought in 200 donors to donate over 100 pints of blood.

Commenting on IQ-EQ’s support for local NGOs and communities, Sridhar Nagarajan, Regional Managing Director, said: “For an organisation like IQ-EQ that is celebrating 30 years in Mauritius, it is the contribution of our people that counts both for our business and for the community. We understand that the community has invested a lot in its people and, with 650 employed locally, we are benefitting a lot from that. It is also vital for us to work with the right partners, as I am pleased to say we are doing with the important organisations that we are supporting. I believe that our engagement in the community must be two-pronged. It should be sustainable, and our employees should be involved in it. Our core should be how we engage with the community and if we do that then the rest should fall into place.”

Working with IQ-EQ has been seamless – you and your team understand our business, advise us appropriately, and handle your side of our collective partnership so that we can focus on making good investment decisions. Evan Gibson SVP, Merchants Capital

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