The Gunvor Foundation - HSEC

The Gunvor Foundation

To uphold its place as a responsible corporate citizen, Gunvor Group has, since its establishment in 2000, dedicated a portion of its net profit annually to charitable endeavors. The Gunvor Foundation was created to steer and focus the company’s long-term philanthropic efforts, encompassing programs that extend beyond a year.

The Gunvor Foundation awards scholarships, grants, and donations to initiatives aimed at empowering individuals to contribute significantly to the development of healthy communities, reducing poverty through education, and improving environmental conditions locally and globally.

The Gunvor Foundation Committee oversees donations in accordance with the mandate provided by the Foundation Council, ensuring that each case meets internal criteria. Since the Foundation is incorporated in Switzerland, where the company’s main trading hub is located, a portion of funding is specifically allocated to Switzerland-based charities.

Gunvor Group also makes ad hoc or short-term charitable donations through its trading offices and representative locations. These contributions are managed by regional committees and pertain to local philanthropic programs that align with the Foundation’s criteria, though they may occasionally exceed them.

Every initiative supported by the Gunvor Foundation or the company’s offices undergoes thorough vetting to ensure compliance with local and international laws governing finance and philanthropy. The objective is to back initiatives and programs that positively impact the communities where they are implemented.

Examples of Foundation projects include:

    GRAINE DE VIE
    Graine de Vie is a network of non-governmental organizations dedicated to a reforestation process that is integrated into local life since 2009. Gunvor Foundation supports a project in Madagascar.

    HAND IN HAND
    Hand In Hand fights poverty through job training and job creation in Kenya and Tanzania with programs that empower women and support Climate Change mitigation.

    HEALTH POVERTY ACTION
    Health Poverty Action works to improve health and challenge the causes of poverty by undertaking programs that secure healthcare access to marginalized communities in developing countries.

    SWISS GREEN PROJECTS
    Swiss Green Projects is a Geneva-based Swiss Active Non-Governmental Organization that focused on the provision of safe drinking water for peoples in need in South and East Asian countries with focus in Pakistan, Indonesia,
    and the Philippines.

    INTERNATIONAL COMMITTEE OF THE RED CROSS
    The International Committee of the Red Cross works to ensure humanitarian protection and assistance for victims of war and other situations of violence worldwide.

    MERCY SHIPS
    Mercy Ships operates hospital ships worldwide that serve families and children in developing countries by providing free surgery and medical training.