As our global presence grows, we continue to engage with the increasing number of communities where we operate, aiming to make a positive impact from a business, social and environmental perspective.
LSEG Foundation was established in 2010 to be the primary channel of the Group’s charitable giving and a focal point for staff engagement with charities. Its approach and positioning are aligned with the overall Group Sustainability strategy, and also recognise the global reach of LSEG’s business model. In 2020, LSEG Foundation donated over £4.9 million, significantly higher than 2019 due to our response to Covid-19 (see page 4 of the Group Sustainability Report for further detail).
UNICEF has been LSEG’s global charity partner for over 20 years. A key project between LSEG and UNICEF is Zambian Girls 2030, which aims to equip more than 11,000 Zambian girls with employability skills and help them access formal employment in Zambia. LSEG also contributes to the UNICEF UK Children’s Emergency Fund.
In 2020 we ran the second LSEG Foundation Challenge which saw over 2,100 volunteering hours donated by more than 400 LSEG staff during a five-month period, with Sri Lanka the winning region, receiving an additional grant to support their chosen charity in 2021. Sri Lanka also won the Most Innovative Challenge, running a social media based fundraising activity. We also celebrated the LSEG Foundation’s 10th anniversary. Over the past 10 years over £11 million has been donated to support almost 400 charities. To mark the anniversary, we hosted a global week of virtual celebration, in partnership with our regional partner charities and our global partner charity UNICEF.
For further information on our initiatives in our communities, please refer to our Sustainability Report, pages 33-34.