2. Strengthening our links with the community, through social investment
For Inditex, investment in the community is a challenge to improve overall well-being through the application of business resources. This way of understanding the social investment strategy involves participation in socially responsible practices through actions that generate social and economic impact in the community.
This commitment, geared towards investment that supports social causes, in conjunction with non profit organisations, focuses mainly on the following work areas:
- Education: actions centred on providing opportunities through quality education, facilitating a decent quality of life and promoting social justice and personal growth among young people.
- Employment: initiatives that promote employment and entrepreneurship among vulnerable groups, favouring integration in the labour market of people at risk of exclusion and the socio-economic development of the community.
- Humanitarian activities: charity work focused on protecting the life, health and well-being of people through emergency actions.
In 2012, Inditex adopted London Benchmarking Group (LBG) methodology with the aim of optimising the management and assessment of contributions to community-related initiatives. Using this model, the breakdown of indicators relating to the resources provided by Inditex to social action projects is as follows:
Inditex’s social investment
| Investment in social action1 | €21,345,481 |
|---|---|
| Number of charity organisations supported | 394 |
| Number of social action projects undertaken | 494 |
| Number of people benefiting directly2 | 740,475 |
| Number of garments donated to social causes | 615,404 |
| Number of hours given by employees to social action projects | 19,320 |
Social investment by geographic area*
Social investment by type of contribution
Social investment by area of activity*
