Financial support through the Living Responsibility Fund
For Global Volunteer Day and other initiatives, our employees roll up their shirtsleeves and donate their time and energy as volunteers. Local charitable projects are also eligible to receive additional funding from the Group if at least two employees are actively involved in the project as volunteers. Our Living Responsibility Fund, which is backed by Group funds, provides supplementary financial support to help our partner organizations deepen the impact of their projects throughout the community.
Projects are selected to receive funding by an internal jury made up of representatives from the divisions and the Corporate Center. Funding is then based on the number of hours volunteered by employees over the course of the application year. Maximum funding is €4,000 per project. In 2013, the Living Responsibility Fund provided financial support to 93 of the projects submitted by employees in 39 countries. More than 6,000 employees volunteered over 44,000 hours – the equivalent of 5,500 eight-hour workdays – to these projects.