Community
Established our foundation, Aleph Group Community, in 2004.
We established our foundation, Accent Community, in 2012. Its aim is to invest in and support projects that will leave a lasting legacy by creating employment and economic activity, and to promote social inclusion for people at the fringes of society.
People we are able to help may be suffering from extreme poverty, social exclusion, mental illness, or may just be from tough neighbourhood. The common feature is, they are out of work. We provide funds for associations that offer guidance and a framework to help people along the path towards a job. It's hard work for these associations, but it's life-changing for the people they help.
Now, we're looking to involve more and more people within Accent, in all the countries where we operate — the common goal brings our diverse teams together. We also aim to make the most of our investment portfolio, which is a unique asset. It has excellent companies with ambitious ESG goals. We can work with them to set up joint social ventures, helping them accelerate their ESG strategies. We're also looking to involve our investors. As far as the longer term goes, this is one
investment we will never exit.
Providing time as well as money
This philanthropic initiative is based on the power of work. Employment and social entrepreneurship lead to social inclusion and reintegration into society. Accent Community contributes more than money though. Our team gets involved through pro bono work, which we encourage, taking time from their working week to help projects with advice and encouragement in areas such as budgeting and reporting, and improving fundraising.
Now are we doing?
Our team of around 20 people do an amazing job through the Accent Community by selecting, monitoring and supporting pro-bono each of the associations we back. Since inception, we've invested more than €4.5 million in 25 projects across six countries. We're proud to report that each year we help hundreds of people get a permanent job thanks to the projects we've backed.
What does the future hold?
Now, we're looking to involve more and more people with in Accent, in all the countries where we operate — the common goal brings our diverse teams together. We also aim to make the most of our investment portfolio, which is a unique asset. It has excellent companies with ambitious ESG goals. We can work with them to set up joint social ventures, helping them accelerate their ESG strategies. We're also looking to involve our investors. As far as the longer term goes, this is one investment we will never exit.