Social Responsibility

At Schindler, we are committed to serving our clients and to generating sustained returns for our shareholders. But we also strive to contribute to society by acting as a good corporate citizen. We support educational institutions and training initiatives of communities and society as a whole. Schindler also actively provides financial support for a diverse range of charitable and cultural initiatives.

Support for Charities, Culture, Education and Training

The Schindler Group actively supports a wide range of charitable and cultural initiatives. Reflecting the philosophy behind these efforts, Schindler refrains from sponsoring and marketing in this field. Schindler also provides substantial financial contributions for educational institutions around the world and promotes learning-oriented initiatives.

2012
Spendings on social responsibility initiatives amounted to CHF 3.7 million. The figure represents 0.5% of Schindler's net profit.

2011
In 2011, Schindler donated CHF 5 million for the endowment of a professorial chair in muscle biology at the University of Zurich and the Federal Institute of Technology (ETH), along with other sponsors. This engagement, like many of Schindler’s other important investments, is intended to strengthen entrepreneurship, technology and innovation in Switzerland. Behind the initiative is the Swiss Association "Balgrist", which manages the Balgrist University Hospital, and the ResOrtho Foundation, which supports research into musculoskeletal diseases.

The Group continues to support social initiatives worldwide. In 2011, around CHF 8 million were donated to deserving causes. This corresponds to 1.3% of net profit. Donations include contributions made to charities, various sporting programs and events, cultural and social projects as well as education and scholarship programs.

2010
In 2010, the Schindler Group donated around CHF 5 million to deserving social initiatives worldwide. This corresponds to 0.7% of net profit. Donations to charities accounted for approx. CHF 0.8 million. Around CHF 0.9 million were spent on various sporting programs and events. In addition, the Group supported cultural and social projects with around CHF 1.4 million, and education and scholarship programs with around CHF 1.8 million.

2009
In 2009, the Schindler Group donated more than CHF 10 million to deserving social initiatives worldwide. Donations to charities accounted for over CHF 6 million and around CHF 0.9 million were spent on various sporting programs and events. In addition, the Group supported cultural and social projects with around CHF 0.8 million, and education and scholarship programs with around CHF 2.4 million.

2008
In 2008, Schindler donated more than CHF 6.4 million to deserving social initiatives worldwide, including contributions of over CHF 1 million to charities and funding of around CHF 0.9 million to various sporting programs and events. In addition the Group spent around CHF 0.5 million supporting cultural and social projects.

2007
In 2007, Schindler donated more than CHF 7.6 million to deserving social initiatives worldwide, including contributions of around CHF 1.3 million to charities and funding of over CHF 1.2 million to various sporting programs and events. In addition the Group spent over CHF 1.8 million supporting cultural and social projects.

2006
In 2006, Schindler donated more than CHF 4.1 million to worthy causes worldwide. Of that sum, donations to charities amounted to over CHF 1 million, while nearly CHF 1.2 million went to support sporting events and competitions in our subsidiaries' communities. While not on the same scale as the tsunami-fundraising of 2005 (see below), Schindler nevertheless invested substantial sums in social development projects. A notable example was a R325,000 (CHF 55,000) investment in an IT center at a primary school in rural South Africa.

Contact

Schindler Management Ltd.
Zugerstrasse 13
6030 Ebikon
Switzerland
Tel. +41 41 445 31 31
corporate.citizenship@schindler.com

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