Mining giant Konkola Copper Mines plc (KCM) has been awarded the Partners Guide Quarterly Golden Ribbon Award by the Partners Group, publishers of the Partners Guide Magazine. Minister of Works and Supply, Hon. Matthew Nkhuwa graced the award ceremony during which Partners Group Commercial Director, Ray Willbern presented the certificate of commendation to KCM General Manager for Sustainability, Anil Tripathi in recognition of KCM’s stewardship in sustainable development through the Pongamia Biodiesel project in Chingola.
The presentation also marks the launch of the Golden Ribbon Award as part of the Partners Guide’s 10th birthday celebrations – a campaign in which the five organisations who have made the largest contribution to Zambia each quarter in terms of social and environmental responsibility, innovation and improving the business landscape receive recognition for their efforts. KCM is one of five companies including Standard Chartered Bank, DotCom Zambia, The Bushcamp Company, Road Transport and Safety Agency (RTSA), being recognised for their achievements in the second quarter of 2017.
In receiving the award during a colourful ceremony at KCM‘s corporate offices in Lusaka, Tripathi said the recognition could not have come at a better at better time than when the firm had stepped up its efforts to ensure a better environment for a sustainable future. “KCM is planting the pongamia tree, whose seeds can be processed into biodiesel, on one of the mine’s disused dumpsites. This project will provide several economic benefits including remediation of a mining site and significant job creation.”
The project is currently in its pilot phase and has so far seen over 2,000 trees planted. It is expected to cost USD $7million and provide employment for over 500 locals with over 400,000 trees planted over a 450 acre plot at its full operational capacity.
Hon. Nkhuwa who is also MP for Chingola said, “the project will translate in to significant development for Chingola.”
Every quarter, analysts from the Partners Guide will monitor the media bookmarking articles about positive contributions that businesses have made to Zambia during that quarter and engage in further research, selecting the top 5 companies who have made notable contributions to Zambia in that period.