Red Star Express PLC

  • Sector: Services
  • Reach: National
  • Board Gender Diversity :  ♂7; ♀1
  • Website: https://redstarplc.com/
  • Head Office: Lagos
  • CSR/sustainability report: Nil
  • Impact management: Foundation

Red Star Express Plc provides a portfolio of full logistic solutions which includes, but not limited to international and domestic express delivery, freight forwarding, integrated logistics solutions, information and document management solutions, warehousing and e-commerce solutions. Its mission is to provide superior returns to stakeholders through investments in companies that provide logistic related services. Ethical practice, excellence and entrepreneurship are some of its core values.

Red Star Express Plc believes that it has a fundamental responsibility to assist in improving the lives of disadvantage communities in Nigeria by developing a corporate social investment (CSI) policy which is aligned to the company’s strategy as well as its vision and mission. This birthed the Red Star Foundation, a semi-autonomous body saddled with the responsibility of executing the CSI policy.

Committed to the highest possible standards of openness, probity and accountability, it encourages its employees, customers or suppliers who have serious concern about any aspect of the company’s work to voice those concerns without fear of harassment, victimization or intimidation.

Spotlight Initiative

The need to contribute to the community and give back to the society that has created a conducive environment for its business to thrive necessitated the policy of appropriating 0.5% of its profit after tax to the foundation. It can conveniently create an avenue in which it can continually affect the lives of the community. This remains the objective of Red Star Foundation.

The foundation was established in 2004. It expresses corporate social responsibility through the demonstration of its core values for the benefit of the people, community & the environment of its business.

The foundation affords students (SS1-SS3) the opportunity of completing their Senior Secondary School Education by taking on all expeNGXs for the 3 years (tuition Fees, books etc.). Scholarship awards were backed by qualifying criteria, a neutral selection process and endorsement by all relevant stakeholders, including the Ministry of Education, Local Government Authorities, and Secondary Schools Authorities. The foundation which started off in Lagos has been extended to the Eastern and Northern part of the country.

Red Star Express’ strategic move to expand its Corporate Social responsibility activities, birthed the “I care project initiative” in the year 2011. The project is designed to support the needs of the less privileged in our society.

CSR Focus Areas
Education
Community Development

2020 Highlights

Red Star Foundation in the reporting year provided relief items to the Nigerian Red Cross Society in Lagos and SOS Homes in several locations including Abuja, Port Harcourt, Kano, Kaduna, and Ibadan. They also intervened in the free transportation and delivery of food items and relief materials for some non-governmental agencies during the COVID-19 pandemic in order to give back to the society and the most vulnerable.

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