TOWARDS A SUSTAINABLE FUTURE
Sustainability Report 2018
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TOWARDS A SUSTAINABLE FUTURE - Sustainability Report 2018

Increasing social mobility

3,2,1 second edition’s contestants
Amplifying our contribution to society by increasing social mobility

Through the Ardian Foundation, our company donates a share of its profits to initiatives that promote our vision of social mobility, while more than 150 of our staff support these programs personally by giving their time, money and knowledge.

The Foundation currently funds 24 charities across seven countries, all of whi ch provide educat ional opportunities to talented primary and secondary schoolchildren from disadvantaged backgrounds and workplace skills for young people. More than 100 of our staff act as longterm personal mentors to the young people these programs suppor t, helping them to develop their personal skills and reach their academic potential.

To reflect Ardian’s increasing scale, we have decided to give the Foundation a much larger budget for future years. We aim to significantly increase Ardian’s donations to the Foundation’s budget from the current €1.3m per year over the next three years.

At the same time, we intend to turn the Foundation into a truly global organization by devolving more responsibility to our network of global offices. We have appointed local country managers for the Foundation in our international markets, enabling staff on the ground to choose the social mobility programs they wish to support and increasing employee engagement with the Foundation’s work. This has already led to the Foundation supporting seven projects suggested by members of our staff.

YANN BAK
President of the Ardian Foundation
“The Foundation has two major aims. It allows Ardian as a company to give back to the community, and it gives our staff an easy way to dedicate part of their time to philanthropy and voluntary work.”

THE FOUNDATION’S IMPACT IN ACTION: 3,2,1

3,2,1 is our flagship entrepreneurship program. Launched in May 2017, it aims to boost the local economy in deprived districts of Greater Paris by supporting unemployed people who want to start their own business. Successful applicants receive six months of training and mentoring from Ardian employees and staff from our partner organizations, after which they pitch to the 3,2,1 Investment Committee for grant funding to launch their business. The program is now working with its second intake of nine entrepreneurs. The 2019 business proposals include: a textile recycling business, an ecotourism website, a home organizer, a well-being co-working space, bags and accessories using wax and bathi print, a tennis academy, a furni ture design business and a photographic agency.

We plan to expand 3,2,1 further and will carry out an impact study on the results after the end of the second program in May 2019.

As part of the Foundation’s expansion, it now works to promote social mobility through entrepreneurship, as well as education and skills. This links the Foundation’s activities even more firmly to Ardian’s three founding values: Excellence, Loyalty and Entrepreneurship.