financial report and registration document 2011 - Groupe SEB

3 Corporate
Corporate, social and environmental responsibility
citizenship indicators
3.3. CORPORATE CITIZENSHIP INDICATORS
Operations of the Groupe SEB Foundation
Created in 2007 for an initial period of fi ve years, the Groupe SEB Foundation’s
vocation is to combat exclusion. It supports projects to help people in
diffi culty reintegrate into society, with three focuses: employment, housing
and education/training. Its bylaws were renewed for another period of three
years. In keeping with the previous budget, €1.8 million was allocated to the
Groupe SEB Foundation. In the future, the Foundation will work to boost its
international initiatives, in collaboration with the subsidiaries. Furthermore,
it organises volunteer and corporate skill sponsorship initiatives with the
participation of the Group’s employees.
In fi ve years, the Foundation has supported 167 projects, including 84 largescale
products, led by organisations with which it has developed close ties,
e.g. Habitat & Humanisme, Envie, Fondation de la 2 e Chance, Fondation
d’Auteuil and Agence du Don en Nature, of which Groupe SEB is a founding
member. Each day, its work is enhanced through employee participation.
The Foundation currently counts more than 164 volunteers and a dozen
“ambassadors” at its French sites.
In 2011, the Groupe SEB Foundation supported 54 highly diverse projects
(48 in 2010) in the context of a support budget that amounted to €550,000 in
cash and €329,000 in product donations. Of these projects, 14 were new and
got the Group involved with various groups looking to join the labour force:
young volunteers involved in civic service, students, people with disabilities,
released prisoners, etc.
54 GROUPE SEB Financial Report and Registration Document 2011