CORPORATE STEWARDSHIP

Giving back to our communities

In a world that is strongly interconnected and interdependent, we believe businesses have a broader responsibility to the communities in which they operate. Redevco creates opportunities for colleagues to give back to society in a way that is meaningful to them through employee philanthropy, funded by the Redevco Foundation, and by giving them one volunteering day per year.

A positive impact on local communities

Colleagues are invited to propose and support charities of their choice as part of All Good, our group-wide employee philanthropy programme. Through its online platform, All Good allows employees to play an active role in proposing charities in a number of categories (see below), preferably in the cities in which we operate. All of the initiatives have a positive societal, environmental and/or cultural impact. Around 75% of our colleagues have joined the platform to get involved in the programme. Employees can also use donation credits that they earn by taking part in activities such as our ‘step challenges’ and Christmas campaign.

The Redevco Foundation

The Redevco Foundation provides our local and central teams with an annual budget to support projects and initiatives in three categories:
1. Improving the lives and living environment of the
less privileged.
2. Environmental sustainability.
3. Historic and cultural heritage.

In 2021, the Redevco Foundation made donations of ca. €1.14 million through grants to over 50 different charitable organisations in these categories, and through donation credits and matching grants to a range of other charities proposed by our employees.

Volunteering day

As well as through funding, we encourage colleagues to give back to society by spending one working day a year volunteering for a charity of their choice. Employees can volunteer either individually or in teams, and many view their volunteering days as a great way to combine doing good and team building. Uptake in the scheme is generally high, but with the restrictions around COVID-19 still in force last year, only a handful of employees had an opportunity to use their volunteering day in 2021.

Our employees appreciate having a voice in deciding where the Redevco Foundation’s money is spent. They recognise the importance of serving society in a broader sense and are proud to be making a difference through targeted financial support and volunteer work.