Making a date with 'Children's Hour'
December 2000
News
Schneider Electric is taking part in the international initiative 'Children's Hour' and on 20 November will donate 500 000 euros to associations working on behalf of children and teenagers in the areas of health, violence prevention and education. This donation is the equivalent of one hour's salary of Schneider Electric's 67 500 employees and will be paid through its Foundation.
Company employees will also contribute to this operation by making a donation to projects sponsored by 'Children's Hour' in their country. More than 45 countries have already responded and the Schneider Electric Youth Opportunities Foundation is hoping to collect 500 000 euros.
Each country concerned will make the choice of the association or associations to receive a donation. As Schneider Electric has activities around the world, it will give priority to areas beyond mere economic interests such as education or food aid. Schneider Electric country organisations and their customers have made a commitment to donate 1 million euros to more than 60 associations worldwide.
Through this operation, Schneider Electric is edging back the boundaries between people. Its employees are getting involved so that 60 associations can benefit from four hours' salary of Schneider Electric's 67 500 employees. This wide-scale generosity was made possible through the use of new information technology, particularly the intranet. This is the first time that more than 300 000 people will receive a message of thanks on 20 November by e-mail.
The Schneider Electric Youth Opportunities Foundation, which was created in December 1998, fulfils the company's natural wish to support projects that aim to help young people close to Schneider Electric's industrial and commercial sites. Many associations have already received financial support from the Foundation.
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