SHI Local Content
EN NL
Corporate Social Investment Policy

We care about the well-being of the community, especially in the areas where we operate. This is shown in our Corporate Social Investment (CSI) policy and the initiatives that come from it. CSI is a part of Corporate Social Responsibility (CSR), which is a company's overall approach to improve the well-being of communities or specific groups. On this page, you’ll find more information about our CSI policy, how projects are approved, and other important details.

At Staatsolie, we distinguish between two types of support:

  1. Community Development 
  2. Donations.

 

Below, you will find more information about these two types of support.

 

Community Development: The Staatsolie Foundation 

The Staatsolie Foundation was established to further strengthen Staatsolie's involvement in community development.

 

Characteristics of Staatsolie Foundation Projects:

 

  • Sustainability:
    Projects are aimed at providing long-term benefits and a lasting impact.

  • Longer Duration:
    Typically longer than one year.

  • Budget > USD 5,000:
    Projects generally require a budget of more than USD 5,000.

Submit request

Donations

Staatsolie provides donations with a direct impact to realize solutions for urgent situations in the community.

 

Characteristics of Staatsolie Donations:

 

  • Sustainability:
    Donations are aimed at immediate emergency relief.

  • Shorter Duration:
    Typically shorter than one year.

  • Budget < USD 5,000:
    Donations generally require a budget of less than USD 5,000.

More info

 

 

 

 

 

CSI Focus areas and categories we support are:

  • Health
  • Sports
  • Education
  • Socially vulnerable groups
  • Arts and Culture
  • Capacity building
  • Environment

 

 

The main criteria to qualify for support from Staatsolie are:

  1. Budget:
    A detailed budget must be included with the application.

  2. Organization:
    The application must come from a recognized non-profit organization or community platform (e.g., Foundation, NGO). Unfortunately, sponsorship is not available for individuals.

  3. Sustainability and Urgency:
    The project must have a sustainable impact or address an immediate need and must fall within one of the selected CSI focus areas.

  4. Project Requirements:
    The application must not have a political, religious, recreational, or operational nature. It should not only serve the interests of one person or a small group, except in cases of exceptional talent development or international promotion of Suriname.

  5. Own Contribution: A contribution from the organization can positively influence the assessment of the application.