2013 Annual Report slide image

2013 Annual Report

SOCIAL AND CULTURAL INVESTMENT G4-SO1 $99.5 MILION IN SOCIAL AND CULTURAL INVESTMENT POSITIVE RESULTS FOR EVERYONE Social and cultural investments promote inclusion, entitlement of rights and improved education to support areas in which Santander Brazil has a business footprint, but not limited to these areas; to monitor activities and to assess the social result. After undergoing a strategic review in 2012, Santander Brazil improved its strategy of social investment (1). The focus became social and economic inclusion and activities began to be guided by three strategic objectives: promoting the entitlment of rights of children, adolescents and the elderly; fostering the economic inclusion of the Brazilian people; and contributing to improvements in the public school system. To promote the entitlement of rights of children, adolescents and the elderly (in accordance with the respective Protection Acts) Programa Amigo de Valor Programa do Idoso L To foster the economic inclusion of the Brazilian people (financial education, the generation of jobs and income) Event hosted by the Programa Parceiro do Idoso, in Cuité (State of Paraíba) 297, PUBLIC SCHOOLS BENEFITTED BY THE PROGRAMA ESCOLA BRASIL (PEB) Social and cultural investment is a strategy used by Santander to promote social, economic and cultural inclusion. This procedure involves the institution striving to generate long-lasting results for all the social players, by means of innovative solutions which promote the development of society. The Bank's activities in these categories are conducted in two main areas: Social Investment, which comprises seven institutional social programs (see the diagram alongside), focusing on entitlement of rights, economic inclusion and improved education; and Cultural Investment, which supports and sponsors projects including expositions and cultural groups, with the aim of generating a legacy for the communities and strengthening knowledge and local culture. Social Investment Social investment is characterized by the voluntary transfer of private funds to social initiatives of public interest, in a planned, monitored and consistent manner. The Bank's involvement is based on the following guidelines: to reinforce public policies and refrain from conducting or supporting isolated actions; to keep an open dialogue and work together with the community rather than for the community; Prêmio Santander Universidade Solidária Programa Escola Brasil Entitlement of Rights G4-EC7 Santander Brazil invests in the advocacy of the rights of children, adolescents and the elderly by means of two initiatives: The Programa Amigo de Valor and the Programa Parceiro do Idoso, created in accordance with the respective Child and Youth Protection Act and the Elderly Protection Act and which also benefit from tax incentives granted by the government. The Programa Amigo de Valor was put into practice in 2002 and has helped strengthen the Municipal Committees for the Rights of Children and Adolescents. In addition Programa Parceiros em Ação To help improve the public school system Programa Saber to allocating 1% of its income tax due, Santander facilitates and encourages its employees and clients to donate funds to the Municipal Committees for the Rights of Children and Adolescents. In addition to the funds, Santander provides up to three years of technical classroom training and remote support to the Municipal Committees for the Rights of Children and Adolescents, to enable them to diagnose the situation of the local children and adolescents, in order to develop a policy for dealing with this audience while guiding the use of the Fund's resources and part of the municipal Programa Educação Infantil budget. As such, the funds in question are intended to reinforce projects and activities to meet the priorities ascertained in the aforementioned diagnosis. In 2013, 47 Brazilian municipalities enjoyed the support of the Program and 2,582 thousand children and adolescents benefitted from it. Furthermore, another 56 municipalities from 21 Brazilian states were selected and will enjoy the benefits of the program from 2014 to 2016. Last year, the program registered the record amount of R$ 8.4 million in funds raised, a 71% increase YoY. The 102 Annual Report 2013 1. Find out more at http://tinyurl.com/reanual9 103
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