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SuStainability report - SocialFunds.com

SuStainability report - SocialFunds.com

SuStainability report - SocialFunds.com

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Sustainability Report 2008Amount onlent to entities(in millions of reais)5.9165.8015.104We also issue cards for the Association of Assistance toChildren with Disabilities (AACD), Association of Parentsand Friends of People with Disabilities (Apae) and CasasAndré Luiz. Since 1995, the AACD card has providedR$ 1.448 million, donations to Apae amounted to R$ 3.472million and to Casas André Luiz, R$ 397 thousand. In2008, Bradesco Cards once again participated in the SBTTV Telethon that lasted for 27 continous hours, and AACDallotted time to sell AACD affinity cards.Bradesco also enables American Express cardholders touse their Membership Rewards Program points to makedonations to partner entities.200620072008InvestmentsSocial-environmental Criteria for InvestmentsWe analyze investments under two aspects:the Organization’s own investments; andinvestments made available to customers.Referring to our own investments, Bradesco works withintermediation. One of the initiatives was to createthe Equity Investment Fund (FIP), aiming at creatingopportunities for customers who need support at certaintimes. It works like “bridge financing” with criteria thatrequire an ethical position from <strong>com</strong>panies and their<strong>com</strong>mitment to the environment and society.The Amazonas Sustentável Fund is a product that focuseson the environment. Launched in 2008, this fund aims atmanaging assets of the Fundação Amazonas Sustentável(FAS), of which Bradesco is one of the partner-sponsors.Amazonas Sustentável Fund, managed by BRAM –Bradesco Asset Management, has a conservative profileand only invests in fixed in<strong>com</strong>e securities. Its objectiveis to manage funds raised on a sustainable basis, withoutcharging an administration fee. The proceeds of thisinvestment are distributed to 8 thousand householdsassisted by the project.Within the scope of investments made available tocustomers, the Bank offers some Socially ResponsibleInvestment Fund options.26

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