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Baking class to help senior citizens in Brazil supplement <strong>the</strong>ir income.<br />
<strong>Groupe</strong> SEB places a great deal of importance on its social responsibility. This is evident in<br />
its corporate philanthropy policy, which promotes social integration, as well as in <strong>the</strong> Group's daily<br />
business, in which it combines <strong>the</strong> ideas of solidarity and openness to o<strong>the</strong>r people.<br />
ACTING AS A SOCIALLY<br />
RESPONSIBLE COMPANY<br />
Primary objective - promoting social integration<br />
The fight against any form of exclusion is <strong>the</strong> basis of <strong>Groupe</strong> SEB's philanthropic work,<br />
whe<strong>the</strong>r this comes from <strong>the</strong> corporate Foundation or from initiatives by <strong>the</strong> Group's subsidiaries.<br />
This commitment is based on three main areas of involvement - work, living conditions, and education<br />
and training. Altoge<strong>the</strong>r, <strong>the</strong> Group spent €2.2 million on its philantropic initiatives in 2011. At <strong>the</strong> end<br />
of <strong>the</strong> year, it renewed <strong>the</strong> statutes of its Foundation, which was set up in 2007 for an initial 5-year<br />
period. As a continuation of <strong>the</strong> previous budget, it was allocated €1.8 million for 3 years. In future,<br />
it will aim to expand its activities worldwide, working alongside our subsidiaries.<br />
GROUPE SEB FOUNDATION: 5 YEARS, 167 PROJECTS<br />
"When <strong>the</strong> Foundation was set up in 2007, <strong>Groupe</strong> SEB committed itself to fighting against exclusion<br />
with a budget of €3 million over 5 years. In actual fact, it exceeded this achievement with additional<br />
donations for <strong>the</strong> victims of natural disasters (China, Haiti, Japan etc.). Over <strong>the</strong> past 5 years,<br />
<strong>the</strong> Foundation has lent its support to 167 projects, including 84 large-scale projects, managed by<br />
associations with which it has formed close ties: Habitat & Humanisme, Envie, Fondation<br />
de la 2 e Chance, Fondation d’Auteuil and <strong>the</strong> Agence du Don en Nature of which it is a founder member.<br />
The contributions made by <strong>the</strong> Foundation are enhanced by <strong>the</strong> involvement of our employees -<br />
we currently have 160 volunteers and a dozen or so "ambassadors" from our French sites."<br />
Sophie Le Joille, Corporate philantropy Project Manager<br />
66 Business and Sustainable Development Report 2011