In the year to
March 2007
In the year to March 2007, there were five interlinked elements
to our community support:
- Financial donations – supporting community
groups and charities with financial donations from Experian, but
this is rarely something we do in isolation, a donation is frequently
tied in to a programme of involvement.
In the last year we directly donated
$728,843 to community and charity projects in the UK and US. These
monies were given directly from the Experian business.
- Employee involvement – whether it is
the fundraising activities of our people in the workplace, our
people signing up as mentors to local schools, or using the expertise
of our people who volunteer to sit on the boards of charity groups
or social enterprises. We encourage our employees to use their
energy and skills in support of our programme.
We recorded 5,190 hours of employee volunteering time last year
during the working week, with 766 separate employees engaged and
involved. When translated into an equivalent salary cost this
equates to $156,917. In the US there were a further 4,583 hours
recorded outside work time.
- Gifts in kind – sometimes we are able
to benefit community groups via a simple donation of goods or
help them out by providing access to our products and facilities
for free.
Last year, we donated goods or services
to the value of $331,934 to charities and community groups. The
most significant contributors to this figure were a number of
free uses of our Mosaic software for local community groups, an
in-kind staff contribution to a Government-sponsored environmental
programme in the UK, and the gift of almost 250 computers from
our US business.
- Employee fundraising – our people often
donate directly themselves to charities that Experian supports,
or perhaps raise funds in other imaginative ways at work. We record
these figures to give us the complete picture, but we never lose
sight of the fact that this is our people, their friends and families
parting with their own money, not a company donation although
we do match fund and encourage giving via our payroll.
We recorded a total of $211,587 raised by our staff, principally
in the UK in connection with Experian’s projects. $118,740
was raised by employees in the US in support of a variety of projects
with more than 15 non-profit organisations.
- The GUS Trust – the GUS Trust was the
principal vehicle for community giving by GUS. The Trust was funded
by donations from GUS plc’s profits, roughly half of which
were generated by Experian. Experian also proposed a number of
community projects to the Trust during the year in question and
was granted funding for many of these projects. Since the demerger,
profits are no longer donated to the Trust although it is still
discharging its final funding.
Before our company demerged from GUS
it received funds from the GUS Trust to donate to community projects.
The total donated this year was $517,170.
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Our volunteers are dedicated: In the US there were a further 4,583
hours recorded outside work time.
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