Working with Non For profit partners to create jobs and reinforce our local ecosystems through a general interest fund.
“It is in a company’s own interests to care for its economic and social environment or, to put it another way, its ecosystem.” Franck Riboud
To make sure the projects where socially and financially sustainable, they are all initiated and co-created by Danone business units in partnership with local NGOs and local communities, covering and seeking to improve supply and demand conditions:
- Upstream initiatives target societal and environmental issues which have an impact on how raw materials are sourced, recycling systems are organised or watersheds are protected. They are critical to leveraging production.
- Downstream projects improve distribution channels and care services, delivering alimentation and knowledge on adapted nutrition at all ages to vulnerable populations.
All the programs are designed to create economic growth. The Fund specifically supports the professional empowerment of “small” local actors with jobs being created or strengthened for smallholder farmers, micro-distributors, care givers and waste pickers. These small players in the local economy see an increase in revenue, as well as improvements in their working conditions, and consequently, improvement of their quality of life, as does that of their families. This is how the Danone Ecosystem Fund contributes to the development of an inclusive economy, reconciling the long term development of an international company with that of small players in the local economy who make up the ‘reinforced ecosystem’.
Co-creation is at the heart of our Ecosystem approach. In looking for the best way to strengthen the local economy, we join forces with partners who have local expertise and knowledge of the specific social issues the Fund addresses. Everyday, 45 local subsidiaries from General Managers to Project Managers and over 51 Non For Profit partners work together to find solutions to social, environmental and economic challenges. To ensure the projects’ positive social and environmental impacts, measurement studies are led with academic partners (HEC, William Davidson Institute, ESSEC…) and co-funding is sought to find solutions which create a more inclusive society.
Danone Ecosystem Fund
LOOKING BACK AT 5 YEARS OF COMMITMENT TO THE DANONE ECOSYSTEM