Cultivating communities in positive ways is key to our sustainability agenda.
We recognise that our Maisons, business functions and regions have a long tradition of actively supporting communities in which they operate. Our new policy sets out a common framework for guiding our community investment – helping to optimise the benefit it creates for society and making it a valuable strategic tool for our businesses.
against €34 million for the prior year
to volunteering initiatives in 2020/21 in comparison to 5 203 hours in 2019/20
Richemont, its Maisons and online distributors contribute to meaningful initiatives and causes around the globe. These initiatives are a way to express their social commitment as responsible stakeholders.
Some of our community investment-related initiatives are detailed in our Sustainability Report, pages 74-81.