Community investment
Experian invests in its communities through a programme of volunteering, charitable donations, gifts in kind and partnerships. The value of our investment this year is reflected in the table below (partnerships involve both volunteering and financial donations).
- Overall our giving has increased. Even without the inclusion of Serasa’s contribution, the combined US and UK investment of funds was up by over $300,000, largely due to capture of more data from our Interactive business in the US.
- The contribution of US$303,000 from Serasa represents a full year’s funding, consistent with all the other data reported.
- Volunteering hours were down very slightly in the UK and US.
- Management costs show a slight reduction; as part of the cost savings being made across the UK business.
- We made our first donation of $737,000 from Experian Group. This was to replace the funding that in previous years has been donated from the GUS Charitable Trust. These funds were dispersed through the regional businesses and a specific project is highlighted here.
- We benefited from some final funding that was granted from the GUS Charitable Trust through our UK and US businesses. The Trust has now closed
Community Giving
| 20081 $’000 |
2007 $’000 |
||
| Financial donations from Experian subsidiaries | 1,202 | 730 | |
| Employee time volunteered | 174 | 157 | |
| Gifts in kind | 169 | 332 | |
| Management costs | 212 | 222 | |
| Funds from Experian Group Limited | 737 | - | |
| Total from Experian | 2,494 | 1,441 | |
| Total as a percentage of benchmark profit | 0.30% | 0.20% | |
| Total from Experian | 2,494 | 1,441 | |
| Employee fundraising | 417 | 212 | |
| Donations from the GUS Charitable Trust | 141 | 518 | |
| Total value of all giving | 3,052 | 2,171 | |
| Total value of all giving as a percentage of benchmark profit | 0.37% | 0.30% | |

