Considering the branches of the Group’s operating subsidiaries are very much part of the communities in which they are located, social impact initiatives are executed in the communities, as part of the Group’s commitment to social welfare.
The initiative of these projects predominantly lies with the field staff at the community branch level as they are in regular contact with the clients and community and understand their needs. The Company’s operating subsidiaries allocate between 0.5% and 1% of their profit (except where regulation requires otherwise, as in India, where it is 2%) to these activities. The projects themselves are highly regarded by colleagues, clients and the wider community. The projects focus on health, education or disaster management.