Being a volunteer is to give your time, work and talent to the causes of the community and social interest, thus improving the life quality of the people affected by such action.
Volunteering has increasingly become a two-way street, where generosity and self-giving are not the only things involved, but also the opening for new experiences, opportunities for learning, pleasure in being useful, expansion of social networking and professional development.
WEG believes that one of the essential components of volunteering is the experience of the volunteers, their professional background and life experience in the family and community. In order to be a volunteer, it is not necessary to be a specialist; it just requires motivation and interest in this noble act of helping people.
WEG Volunteering programs offer an opportunity for the employees that want actively to take part in the community, conveying knowledge by means of their experiences and skills.
The so-called Solidary Actions are projects and events that take place throughout the year and are offered to the volunteers. In 2021, we ended the year with 1800 employees registered at our bank, of which 774 participated in at least 1 (one) solidarity action, accounting for 9,633 hours of work in the 118 actions carried out in the community, impacting more than 27,800 people.
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In 2019 we revised our Social Investment Policy, which was approved by the managing directors of our business units, representing our units worldwide.
The objective of the policy is to establish relations with communities focused on WEG’s social investment criteria. The policy includes investments primarily in cities where we have industrial operations. Units outside Brazil assess projects locally, following the guidelines of this policy and submitting approval to their local governance structure.
Priority may be given to the project that meets the greatest number of requirements, being a. and b. decision-makers:
In this policy update, we have improved the monitoring of the project. Any proposed project whose value is above 10 minimum wages, either through its own resources or incentive law, must present, in addition to the entity’s documentation, a signed “Term of Commitment” that will formalize the partnership and enable the audit of the project.
Direct contact with the responsible area: firstname.lastname@example.org
We invested BRL 16,207 (sixteen million, two hundred and seven thousand reais) in 64 projects in 2020. 19 different cities benefited, with 75% of the resources used in the microregion of Jaraguá do Sul, where around 50% of the Group's employees live.
Additionally, in 2020, more than BRL 2.7 million were donated to support social projects in the Community to fight the pandemic.