SCHREDER - Sustainability Report 2023


3. Schréder Together Fund

Mathonisa Primary School (Zimbabwe)

Asháninka communities (Peru)

As part of our ambition to align our actions with UN SDG 11, we regularly help towns and cities implement lighting solutions that improve safety for vulnerable users at crossings and protect flora and fauna. Over the years, we have continually donated street lights to improve the quality of life in economically disadvantaged areas or to help areas affected by natural disasters. In 2021, we decided together with the Schréder family, to take a more structured approach to our philanthropic purpose by setting up a global fund hosted by the King Baudouin Foundation: the Schréder Together Fund.

Mathonisa primary school is located 60 kilometres outside the city of Bulawayo in Zimbabwe. They needed funds to help rebuild the community school in Umguza, which was in very poor condition. When the funds were released, the school’s headmistress and other members of the school’s governing body bought the materials (bricks, cement, etc.) and members of the local community came together to provide manual labour to build a new school. Solar lighting is also part of the project.

The NGO Redes with the help of SOS Faim and Misereor, is running an integrated development programme with 11 Asháninka indigenous communities to improve their quality of life. The Schréder Together Fund donated and installed floodlights for a sports field so that children from the communities of Bajo Perené, Pichanaqui and Rio Negro in Chanchamayo can continue to play sports after the sun sets in a safe environment. Developing sports activities in the area will increase social interactions and foster a sense of community.

Our goal is to work with non-profit organisations to support the communities in which we live and operate by: protecting vulnerable users on the road and in cities; improving lighting or safety in public or private spaces, particularly in disadvantaged areas; promoting entrepreneurship among young citizens in less privileged areas; preserving the environment and acting against climate change; helping to train engineering and technology students and professionals in disadvantaged communities. Schréder employees are closely involved in the operation of the fund and can make suggestions to help us decide which projects to support. In 2023, we were delighted to support six humanitarian projects in five countries, reflecting a wide range of initiatives. The selected organisations understand local needs and priorities to make a positive impact on the well-being of the communities where they are situated.


Powered by