Social Enterprise East Bali Cashews, a partner of Stamford American, has been awarded the 17th annual Secretary of State's Awards for Corporate Excellence (ACE). The ACE recognizes U.S. businesses that exhibit responsible business conduct around the world in supporting sustainable development, respect for human rights and labor rights, environmental protection, open markets, transparency and advancing democratic values.
Teachers from Stamford American have volunteered their time to assist East Bali Cashews in the launch of an early learning center in the rural village of Desa Ban in Indonesia. The center will prepare preschoolers for entrance into public school and provide them with a strong foundation for educational success, an essential tool in a community where villagers earn an average of US$2 a day.
East Bali Cashews was awarded for Corporate Excellence for a Small or Medium Enterprise in Indonesia. This cashew producer employed 350 people in the local rural community, 85 percent of whom were previously unemployed women; improved the quality of local agricultural production and modernized its methods; and expanded services to address the health and education needs of more than 800 children of company employees.
The winners were chosen from among ten outstanding finalists. Congratulations to East Bali Cashews from all at Stamford American.