Social and charity programs are considered an integral part of the Company’s corporate
strategy and contribute to constructive cooperation with the state, business circles and
society. The corporate programs are of a targeted nature and based on regional professional
experience and human potential. Moreover, the Company realizes that charity activities
should not give rise to social dependency. For this reason, besides traditional kinds of
charity, Shirvan Oil offers strategic charity and social investment
programs, which imply an interdependency of the solution methods for social problems and the
Company’s strategic objectives. The joint activities of business, non-profit and public
sectors aimed at solving the urgent social and economic issues faced by local communities
are considered an integral part of this approach.
The Company’s activities are guided by two strategic trends: social investments ,
sponsorship and traditional charity programs and support for Children’s Homes and
Educational Institutions
Providing support to children is considered a high priority of the Company, and as such is
an integral part of all its programs: charity, sponsorship programs, the programs aimed at
promoting children’s and youth sports and culture. Social investments in human capital are
considered most feasible in modern conditions. The Company helps their graduates access
education, improve their health, acquire a profession and achieve their full potential.
Taking into account the limited budgets of sponsored institutions, the Company aids them in
making repairs and improving adjacent facilities and equipping rooms and studies in order to
provide better initial opportunities to the children.
Annually, Shirvan Oil Charity Fund organizes summer vacations for children from
sponsored children’s homes located in Baku, Mingachevir and Ganja on the
coasts of the Caspian sea. Moreover, the residents of children’s homes are
invited on educational tours across the country. For example, excelling students from
children’s homes in Baku, Mingachevir and Ganja spent their winter
vacations in Shamakhi in January 2007 and 2008. Since 2006, Shirvan Oil Charity
Fund has been awarding special grants to the graduates of sponsored
children’s homes who study at higher and secondary educational institutions. The Company
makes sure children are looked after on New Year’s Eve, recognizing that it is their
favorite holiday. New Year, gifts were bought and sent out to 37 children’s homes.
