As our global presence grows, we continue to engage with the increasing number of communities where we operate, aiming to make a positive impact from a business, social and environmental perspective.
LSEG Foundation was established in 2010 to be the primary channel of the Group’s charitable giving and a focal point for staff engagement with charities. Its approach and positioning are aligned with the overall Group CR strategy, and also recognise the global reach of LSEG’s business model. In 2016, LSEG Foundation donated over £1.3 million, and the impact of donations is closely aligned to its core mission of empowering people and enriching communities.
Building on an 18-year partnership between UNICEF and FTSE Russell, part of LSEG’s Information Services Division, LSEG Foundation appointed UNICEF as LSEG’s global charity partner in 2015 for three years, with an overall commitment of £1.5 million. LSEG Foundation also contributes to the Unicef UK Children's Emergency Fund. One key project between LSEG and UNICEF is Zambian Girls 2030, which aims to equip more than 11,000 Zambian girls with employability skills and help them access formal employment in Zambia.
In April 2016, the new Group-wide volunteering policy was launched, allowing LSEG employees to take up to two days off per year to volunteer for a charity of their choice. Our employees from MillenniumIT in Sri Lanka worked weekends and after hours to build Mahoga, an innovative matching platform; in the UK we held our first 'Meet the Charities' event with 17 charity beneficiaries of LSEG Foundation. In addition, we have our regional partner charities such as Unis-Cité in France and COMETA in Italy.
For further information on our initiatives in our communities, please refer to our CR Report, pages 27-31.