Contribution to the Italian economic system
The TOD'S Group confirmed its commitment to support our country’s needs
in 2015 too: in fact, the Shareholders' Meeting, called to allocate the
2014 Group net profit, confirmed, in line with the previous year,
to allocate some of that money, and specifically 1% of net profit,
to support programmes that assist the least fortunate members of the
local communities in the areas where the Group operates.
In this way the Group continued to provide economic support to a series
of voluntary associations that assist young people join the work force,
economically disadvantaged persons and senior citizens, as well as
promote the education and training of young people.
With this solidarity project, the Shareholders’ Meeting aimed to redistribute a portion of the profits recorded by TOD’S S.p.A. at local level, in those areas where it recruits skilled craftsmen, thereby reinforcing its already strong ties with them.
In 2015 the Group worked with Save the Children again, in a campaign to raise awareness and funds, named “Illuminiamo il Futuro” (“Illuminate the Future”). The campaign is aimed to provide education and hope to children in the grip of poverty through the creation of Punto Luce centres and special education centres in the poorest areas of the Italian cities, where children and teenagers may study, play and carry out sports, cultural and recreational activities. Within this project, the parent company TOD’s S.p.A. has contributed to the construction of the Punto Luce Barra, in Naples, a place of gathering of about 160 sq. m., with a sports area of about 4,300 sq. m., which hosts two sports fields and green areas for playing and leisure activities. The new centre is a real educational and cultural centre for children and teenagers and is intended to become a local hub for educational services, schools, social services, other local associations and for the boys and girls involved with a view to the co-planning of the activities of the Punto Luce centre.