Malabar Gold & Diamonds distributes food kits for Fujairah flood victims
- Malabar Gold & Diamonds and KMCC initiates relief activities in flood-stricken parts of Fujairah
- Initiative spearheaded by CSR team of Malabar Gold & Diamonds
- Food provision kits are being distributed to families and bachelors
As Fujairah citizens continue to reel from the damage caused by the flash floods, Malabar Gold & Diamonds, one of the largest jewellery retailers globally has joined hands with Kerala Muslim Cultural Centre (KMCC) to initiate relief activities by distributing food kits to those affected by the floods. Spearheaded by the CSR team of Malabar Gold & Diamonds, 100 food kitscontaining essential supplies, including rice, lentils, oil, and spices were distributed to those affected by the disaster.
“We are hoping that our actions would ease the current circumstances of those suffering from the aftermath of the floods. CSR remains a core value at Malabar Gold &Diamonds and we wish for the earliest restoration of the affected areas,” said Mr. Shamlal Ahamed, MD-International Operations, Malabar Gold & Diamonds.
Malabar Gold & Diamonds believes that the most successful companies are those which integrate responsibility and sustainability into their core business. The group is always proactive when it comes to CSR activities right from inception. The key focus areas of the CSR initiatives of Malabar Group are in the areas of Health, Education, Women Empowerment, Housing and Environment. The organization has kept aside 5% of its profit for CSR activities in all the regions where they operate. The group, which currently has showrooms across GCC, India, Malaysia, Singapore & USA undertakes several welfare activities throughout the year in the respective regions.
Malabar Gold & Diamonds is the flagship company of Malabar Group, a leading diversified Indian business conglomerate.
Established in 1993 in the Indian state of Kerala, Malabar Gold & Diamonds today has a strong retail network of over 285 outlets spread across 10 countries in addition to multiple offices, design centers, wholesale units and factories spread across India, Middle East, Far East & USA. With an annual turnover of $4.51 billion, the company currently ranks one among the largest jewellery retailers globally.
With 14 manufacturing units in India and GCC – the company currently has 12 exclusive jewellery brands to cater to the discerning needs of customers. With headquarters in Kerala and branches across India, Middle East, Far East and USA, Malabar Group is best known for its activities in the field of gold, diamonds, silver and lifestyle articles.
Malabar Group also operates MGD – Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.
The group, owned by over 4,000 shareholders excels in quality products and services, has more than 13,000 professionals from over 26 countries working for its continued success.
Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.
CSR has been the primary commitment of the group since its inception; integrating ESG (Environmental, Social & Governance) principles into the core business. The key CSR focus areas of Malabar Group are Health, Education, Women Empowerment, Housing, and the Environment. The ESG goals of the organization are periodically strengthened by integrating responsibility and sustainability to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.