2023-07-10
#VoithCares funding program continues
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Funding of 50 social projects planned for the coming fiscal year
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Applications from Voith employees now open
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Impressive response in the first year
Social responsibility is more than just a buzzword for the global technology group Voith: the company directly funds education and training, science and research, and social, sports, and cultural activities worldwide. To support their socially involved Voithians, the company launched #VoithCares. Through active employee nominations, 50 organizations and their measures were selected and given financial support. Each of 26 projects in Europe and Africa received 1,000 euros. Among others, the Crailsheim child protection association, the Heidenheim wind orchestra, and an education initiative for children in Ghana were supported. Nine projects from nonprofit organizations in North America, nine in Asia and six projects in South America also received funding. The workforce response was overwhelming – almost 100 applications were received.
Due to its huge success, the initiative is now continuing for another round. Starting this week, Voith is inviting employees at all of its locations throughout the world to submit nonprofit projects.
“I am impressed with the wide range of voluntary work that Voithians are engaging in. In the first round, we were able to fund 50 amazing projects from around the world,” said Voith CEO Dr. Toralf Haag. “It is very important for us as a family-owned company to continue strengthening the engagement of our employees. For that reason, in cooperation with the Hanns Voith Foundation, we have decided to continue #VoithCares in the coming fiscal year.”
In fiscal 2023–24, 50 projects from all over the world will be selected and funded with a maximum 1,000 euros each by the Voith Group and the Hanns Voith Foundation within the scope of the program. Voith employees can submit applications until the end of September. The donations will then be made in the following fiscal year. Voith will report on the selected organizations and measures on a regular basis.
About #VoithCares
As part of the #VoithCares program, Voith and the Hanns Voith Foundation annually award financial support to a select number of employee-nominated projects and nonprofits, in which the employees also personally volunteer. Nominated projects must align with Voith’s DNA, “sustainable technologies for future generations," and fall into the categories of digitalization; technology, innovation and decarbonization; or social causes. Projects selected benefit children, youth, young adults or those who are disadvantaged. Through the #VoithCares program, the company supports both employees and nonprofits in the communities Voith serves around the world and encourages employees to volunteer in their local communities so we can make the world a little better – together.
About the company
The Voith Group is a global technology company. With its broad portfolio of systems, products, services and digital applications, Voith sets standards in the markets of energy, paper, raw materials and transport & automotive. Founded in 1867, the company today has around 21,000 employees, sales of € 4.9 billion and locations in over 60 countries worldwide and is thus one of the larger family-owned companies in Europe.
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