July 22 , 2010

Giesecke & Devrient sets up its own foundation

Munich--The international technology provider Giesecke & Devrient (G&D) has set up its own foundation in Munich, Germany.

Christoph Hillenbrand, District President of Upper Bavaria, officially handed over the deed of foundation. The G&D Foundation will primarily focus its efforts on the fields of education, international understanding, and the printing arts.
It underscores the importance the company places on corporate social responsibility.

The family-owned company Giesecke & Devrient is streamlining and stepping up its corporate citizenship activities by establishing a charitable foundation. The G&D Foundation is based in Munich and has been furnished with principal assets of 20 million euros. The annual returns from investment of this capital will be channeled into the foundation to enable it to carry out its work, while the capital itself must remain untouched. This will ensure that the foundation takes a sustainable approach to promoting the public good.

The foundation will primarily focus its efforts on the fields of education, international understanding, and the printing arts. In terms of education, the G&D Foundation plans to support existing projects and programs for children and young people while also setting up its own initiatives. A further goal is to foster harmonious interaction between different cultures and nations through an approach that contributes to a stronger, more cohesive
society. Sponsorship of the “stiftung neue verantwortung” – which translates as "new responsibility foundation" – also pursues ideas which support this objective. Based in Berlin, this organization helps young people to conduct interdisciplinary research into finding innovative solutions to the social challenges of our time.

In future, the G&D Foundation will also provide funding to the Museum of the Printing Arts in Leipzig. The museum vividly illustrates the origins and core business of the company, Giesecke & Devrient GmbH.

The G&D Foundation has a particular interest in helping to maintain the historical legacy of the printing arts, thereby
documenting a key thread in the history of German industry and making it accessible to a broader public.

The foundation's Board of Trustees will be presided over by G&D’s owner, Verena von Mitschke-Collande, on whose initiative the foundation was established. You can find more information on the management committees and the G&D Foundation itself by visiting www.gi-de-stiftung.org

Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich,
Germany. With a headcount of more than 10,000 employees, the Group generated sales of EUR 1.7 billion in
fiscal 2009. Founded in 1852, G&D is a global market leader and pioneering innovator in banknote production
and processing, smart card solutions and services for telecommunications and electronic payment, and security
documents and identification systems. 65 subsidiaries and joint ventures in 32 countries ensure customer
proximity worldwide. For more information, visit our website at: www.gi-de.com.

 

 

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