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Corporate Social Responsibility

The Egmont Foundation is a commercial media company, as well as a charitable foundation, supporting activities concerning children and young people. Each year, The Egmont Foundation supports institutions and organizations working with and for children and adolescents. Since 1920 the foundation has distributed EUR 386 million. In 2017, The Egmont Foundation distributed over EUR 13 million. Egmont has worked with Corporate Social Responsibility (CSR) for many years and CSR is integrated in the Egmont DNA.

Working with CSR since the beginning

Egmont’s founder Egmont Harald Petersen came from humble beginnings and he never forgot. To fulfill his last will his family bequeathed a part of the business' revenue to children and young people in need. This way the family could give back to society. These charitable activities still shape Egmont's identity.

Every year Egmont donates money to help children and young people at risk in need so they can take part in creating a good life for themselves. Up to and including 2017 Egmont has donated Euro 386m.

 

How Egmont works with Corporate Social Responsibility (CSR)

Through 2019-2021 Egmont has chosen to prioritise its work with CSR in five categories:

  • UN Global Compact
  • Egmont Social Compliance Programme
  • Environment – Implementation of environmental policy and setting of KPI’s
  • In-depth work to support SDG 12
  • Implementation of the new Egmont Business Ethics Policy for employees and development of new training

In 2018 Egmont enrolled in the 2-year project “The UN’s Sustainable Development Goals – From Philanthropy to Business” led by the Confederation of Danish Industry (DI). The purpose of the project is to train and develop the enrolled companies to identify and apply the Sustainable Development Goals (SDGs) to new business opportunities. Egmont has identified three goals:

  • SDG 4: Quality Education
  • SDG 8: Decent Work and Economic Growth
  • SDG 12: Responsible Consumption and Production

Egmont will prioritise its efforts on SDG 12 as this is where Egmont can make a significant difference and at the same time remain future fit.

 

Egmont and the UN Global Compact

In 2013, Egmont signed the UN Global Compact principles. Working with the UN Global Compact and the ten principles of human rights, labour rights, protection of the environment and anti-corruption brings great value to Egmont.

Egmont has recently published its sixth communication on progress (COP) and you can find the report here