Home » Corporate social responsibility » Corporate practices » Danone: the group launches a fund with 100 million euros to stimulate the economic and social development of its “ecosystem” Danone: the group launches a fund with 100 million euros to stimulate the economic and social development of its “ecosystem” Global policy to spread the group’s values to all its undertakings. Danone relies on a wide and structured range of initiatives, programs and projects at French level aimed at materializing this value historically defended by the group of balance between economy and social. At global level, Danone was a pioneer not only in its sector but in all the sectors for concluding agreements with the UITA (International Union of Food Workers), with which it signed nine agreements in fifteen years. This value is also promoted within the managerial system. Indeed, “for two years, the variable remuneration of 1,400 managers, directors general and board members has been divided in three: 1/3 economic, 1/3 social and societal, and 1/3 managerial” explained Mrs. Penicaud. For the second third, “are taken into consideration CO2 reduction, safety at work or even investment into training and human development” she said. Through . Published on 28 May 2009 à 15h30 - Update on 28 May 2009 à 15h30 Resources “We already built, in several areas in the world, structures to develop the local economy but, when businesses’ environment shows how quickly it can be weakened, we think this approach should be systematic.” He thinks the crisis showed that “no organizations develop in impoverished areas or deserts.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.CommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels