Investment
in social
programmes 2016*
(*) Figures calculated in accordance with the LBG methodology based on voluntary contributions made by Inditex to social programmes during 2016.
To convert the contributions into euros we have applied the exchange rate in force at 31 January 2017.
(**) Of the total of 1,093,401 direct beneficiaries, the impact assessment has been carried out on 571.577 direct beneficiaries. The rest of the direct beneficiaries correspond mainly to donations-in-kind on which no impact assessment applies.
(***) Assessment made on 161 community organisations supported by Inditex in 77 long-term strategic projects.
EVOLUTION OF INVESTMENT IN SOCIAL PROGRAMMES 2014-2016
Total investment in social programmes 2014-2016
(in millions of euros)
How we contributed
(in millions of euros)
By category (*)
(in millions of euros)
Community investment: A long-term strategic commitment in collaboration with the community to support specific social activities.
Charitable gifts: one-off institutional donations to the general goals of community organizations.
Commercial initiatives in the community: Initiatives of social interest directly related to the company’s retail activity.
DISTRIBUTION OF INVESTMENT IN SOCIAL PROGRAMMES 2016
The SDG IN THE SOCIAL STRATEGY Of Inditex
In 2016 we have made progress in linking our model of investment in the community with the United Nations Sustainable Development Goals. For this purpose, the primary or main SDG for each of the 519 social initiatives developed during the current year has been identified. As a result, and in line with our activity, during 2016 we have focused our efforts on SDG 8, 10 and 12. In addition, we have contributed significantly to SDG 3 and 4. Specifically, we have allocated 76% of the investment in the community - 30.1 million euros - to social initiatives that have had some of these SDGs as the main objective.
By SDG (*)
(*) Management costs are not included.