The trophy presentation took part yesterday in Dar es Salaam at a new year cocktail party event organized at the residence of the ambassador of France in Tanzania Nabil Hajlaoui.
Addressing the business community, Hajlaoui said the trophy competition was the reward opportunity for companies who have ESG policies in place and given the importance of the topics to encourage and inspire those who do not yet have a policy in place.
“The Tanzanian ESG Trophy competition recognized outstanding contributions ESG principles of which five companies were competing for the challenges award with each providing their dedication to sustainable and responsible business practices,” he said.
He added: “France is a reliable partner of Tanzania to support the implementation of its development goals. This ESG trophy awarded tonight illustrates the contribution of the French Tanzania Chamber of Commerce to this objective.”
The ambassador said France supports Tanzania's clean cooking initiative, furthermore in May 2024, France will host the International Energy Agency Summit on clean cooking in Africa co-chaired by President Samia Suluhu Hassan.
“I am very thankful for the companies that participated in this first ESG trophy award in Tanzania. I am also delighted to see enterprises implementing environmental, social and governance programs and mobilizing their efforts in this area.”
Benoit Araman, FTCC board member who gave his remarks on behalf of the board chairman said the board of directors was tasked with the selection process, Mazars, a French film specializing in audit, accountancy and tax services was entrusted with verifying the compliance of the entire procedure.
“The winner can be proud to be the first company in Tanzania to win such a trophy. Thanks to its efforts towards ESG concerns,” he said.
He added: “The FTCC is proud to announce GasFasta as the winner of the innovative ESG Award, recognizing its outstanding commitment to environmental, social and governance excellence.”
He further added that in order to support ESG initiatives, the FTCC will continue to take initiatives that will allow its members to get operational, legal and tax information on how to approach an ESG strategy for their company but also what kind of initiatives can be implemented.
Mohamed Al Beity, the first Tanzanian ESG Trophy winner said: “This competition made us believe that every single Tanzanian youth can compete with the big companies and make a difference. It’s a pleasure to receive such a trophy and we believe that this platform will give us an opportunity to become bigger in the future.”
He added: “We understand the government initiative to make sure that by 2030, 80 percent of Tanzanians are using clean cooking energy. We are also looking forward to supporting the initiative by distributing convenient, fast, and affordable access to clean cooking gas for consumers in Tanzania and East Africa.”
FTCC general manager Elise Lagache, said the sustainable values are shared by International and Tanzanian companies who have the talent to put them into practice.
FTCC contains 80 members with a mission to support the growth of Tanzanian and French businesses by assisting and facilitating trade, investment, finance and industry activities. It provides a platform for exchange and business networking to both Tanzania and French companies.
It includes companies that are active in the manufacturing and industrial sector, construction, agriculture, health, transport and logistics, energy, hospitality and engineering sectors among others large corporations, medium and small companies are part of the network as well as 15 Tanzanian start-ups.
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