header-esg-03-fonds

Wendel Cares

Endowment fund

Wendel’s commitment to civil society is part of the Group’s DNA. Indeed, history has shown that Wendel has been involved in helping resolve social issues.

In the 19th century, for example, Joséphine de Wendel, widow of François de Wendel, petitioned for the creation of a number of social services, unprecedented at the time. They included free care for the wounded and sick, food and basic necessities, and assistance with access to housing.

Wendel now perpetuates these charitable actions through sponsorship projects via its endowment fund, Wendel Cares, in order to professionalize the Group’s approach, which was previously steered by a Philanthropy Committee.

visuel-wendel-cares

Wendel creates an endowment fund named Wendel Cares

In early 2022, Wendel officially launched its endowment fund, called Wendel Cares. With Wendel Cares, Wendel wishes to give new impetus to its philanthropic approach by bringing together all of its philanthropic actions within a dedicated structure and by extending its scope of action to other themes in line with the societal challenges of our time.

Historically, Wendel’s corporate philanthropy activities have been developed around two pillars: education and culture, through long-term partnerships with the Wendel Center for Family Enterprise (Insead) since 1996 and the Centre Pompidou-Metz since 2010. Since 2018, Wendel has extended its corporate philanthropy activities to solidarity projects.

Today, Wendel Cares aims to finance initiatives corresponding to one of the five areas in which it has chosen to commit itself. These projects are studied and then monitored by the fund’s Board of Directors, which is currently made up of nine Group employees.

The creation of Wendel Cares also represents a collaborative project for employees that will allow them to devote time, raise funds and rally around common projects.

The five areas of commitment of the endowment fund

Wendel Cares will continue Wendel’s “historical” philanthropic activities by supporting:

musee-gold

1. Culture

hand-1

2. Education

And three new pillars have now been added:

hands-heart-1

3. Equal opportunities and professional integration

coeur-bv-1

4. Medical research and healthcare

feuille-rond-01

5. Protection of the environment

Governance

In order to best represent Wendel’s DNA and to ensure that as many employees as possible feel involved in this philanthropic approach, the Board of Directors of Wendel Cares is made up of nine members from Wendel’s various departments.

The Board’s mission is to study and follow up on projects submitted by employees or through responses to external calls for projects, and to ensure the proper management of the endowment fund.

MOSAIQUE_WORDAY_122b_Alexina-Portal_WENDEL

Alexina Portal

Chairwoman of the Board of Directors

portrait-christine-hd

Christine Anglade

Vice-Chairwoman of the Board of Directors

mosaique-millie-carpenter

Millie Carpenter

Secretary of the Board of Directors

Astrid Sicaire

Treasurer

david-darmon-23

David Darmon

Member of the Board of Directors

mosaique-caroline-decaux

Caroline Decaux

Member of the Board of Directors

mosaique-sebastien-metzger

Sébastien Metzger

Member of the Board of Directors

Esther Ullberg

Member of the Board of Directors

David Varet

Member of the Board of Directors

Initiatives already supported by Wendel Cares

musee-gold

Supporting
the cultural world

Since its creation in 2010, Wendel has been a constant supporter of the Centre Pompidou-Metz, and as such is a founding sponsor of the Centre. Through this partnership, Wendel wanted to provide long-term support for a flagship project for Lorraine, the birthplace of the Group and its founding families.

hand-1

Supporting the influence
of family enterprise

Wendel has supported education since 1996 through its partnership with Insead, an internationally renowned business school. The Group first encouraged the creation of a university chair dedicated to family enterprise, and then, in response to the success of this chair, the Wendel International Center dedicated to the study and research of family enterprise was created.

coeur-bv-1

Supporting
solidarity action

Since 2018, Wendel has extended its scope of action to include solidarity. In this approach, the Group’s employees were asked to present the associations in which they are personally involved. The Philanthropy Committee then selected the organizations most in line with Wendel’s values. In this way, associations working in France and the United States, the Group’s investment territories, received Wendel’s support.

With the creation of Wendel Cares, Wendel wishes to develop a philanthropic approach in line with its values. Throughout its history, Wendel has never stopped promoting the values of mutual aid and social progress. Building on this heritage, the endowment fund will enable Wendel to perpetuate these values by supporting initiatives that fall within the scope of Wendel Cares.

Associations supported by Wendel

In 2022, Wendel continued to support solidarity projects, on the one hand by renewing some of its commitments and on the other hand by choosing to associate itself with new causes.

HELEBOR
(France)

Alliance pour l’éducation – United Way
(France)

Alliance pour l’éducation – United Way

Plastic Odyssey
(France)

Plastic Odyssey

Croix-Rouge française
(France)

Croix-Rouge française

The Teen Project
(United States)

The Teen Project

Clubhouse France
(France)

Clubhouse Europe

Helen Keller Europe
(France)

Helen Keller Europe

914 Cares
(United States)

Wendel – Donations and contributions 2022

A skills sponsorship program

As part of the strengthening of its philanthropy strategy, Wendel offers each employee the possibility of dedicating one day of work time per year to a solidarity action. The purpose of this day of skills sponsorship is to allow each employee to get involved with the association of his or her choice. The association for which the skills sponsorship is envisaged must respect the principles of Wendel’s Ethics Charter and, in particular, must have no political and/or religious connotations and be non-profit.

In this spirit of skills sponsorship, Wendel also ﬁnances training courses aimed at preventing violence. These trainings are part of the Crisis Prevention Institute (CPI) catalog and are intended for the most at-risk staff of health and education organizations. With its “train-the-trainer” model, CPI’s expertise in crisis prevention and hostile behavior management is already recognized on the North American continent.

Useful links

Useful links

NOT FOR DISTRIBUTION IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN

This announcement does not, and shall not, in any circumstances constitute a public offering, nor an offer to sell or to subscribe, nor a solicitation to offer to purchase or to subscribe securities in any jurisdiction. I therefore certify that:

I am a resident of a country or jurisdiction where I am qualified or authorized to have access to the information and documents presented on this site;
I am not a resident of or physically present in the United States of America, Canada, Australia or Japan;
I have read and understand, and agree to comply with, the terms and conditions described above and that I am eligible to access the press release in accordance with such terms and conditions.
I have read and understand the foregoing, and hereby make the certifications above and agree to comply with all of the above restrictions:

Yes, I certify the foregoing

No, I don’t certify the foregoing

Disclaimer

Access to the information available in the following pages may be restricted in certain countries by applicable laws and regulations. Persons who are physically located in those jurisdictions and who would like to access the information available in the following pages must inform themselves about and observe such restrictions.

France

In France, the information available in the following pages may be freely accessed by French residents who are physically located in France.

European Economic Area

With respect to each Member State of the European Economic Area other than France (the “Relevant Member State”), the information available in the following pages is directed only at qualified investors as defined in Article 2 (e) of the Regulation (EU) 2017/1129 of the European Parliament and the Council of June 14, 2017, as amended (the “Prospectus Regulation”).
These restrictions with respect to any Relevant Member State apply in addition to any other restrictions which may be applicable in the Relevant Member State.
No action has been undertaken or will be undertaken to make available bonds issued by Wendel to any retail investor in the European Economic Area. Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the “PRIIPs Regulation”) for offering or selling bonds issued by Wendel or otherwise making them available to retail investors in the European Economic Area has been prepared and therefore offering or selling the bonds referred to in the following pages or otherwise making them available to any retail investor in the European Economic Area may be unlawful under the PRIIPs Regulation.

United Kingdom

In the United Kingdom, the information available in the following pages is directed only at qualified investors as defined in Article 2 (e) of Regulation (EU) 2017/1129 as it forms part of domestic law in the United Kingdom by virtue of the European Union (Withdrawal) Act 2018.
No action has been undertaken or will be undertaken to make available bonds issued by Wendel to any retail investor in the United Kingdom. Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic laws by virtue of the European Union (Withdrawal) Act 2018 (the “UK PRIIPs Regulation”) for offering or selling bonds issued by Wendel or otherwise making them available to retail investors in the United Kingdom has been prepared and therefore offering or selling the securities referred to in the following pages or otherwise making them available to any retail investor in the United Kingdom may be unlawful under the UK PRIIPs Regulation.
The information available in the following pages is directed only at persons who (i) are outside the United Kingdom, (ii) are “investment professionals” falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”), (iii) are persons falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order or (iv) are other persons to whom an invitation or inducement to engage in investment activity (within the meaning of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons in (i), (ii), (iii) and (iv) together being referred to as “Relevant Persons”). Any investment or investment activity to which this website and the information contained herein relates is available only to Relevant Persons in the United Kingdom and will be engaged in only with such persons. Any person who is not a Relevant Person should not act or rely on the information contained in this website.
The information available in the following pages is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which the information available in the following pages relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

United States

The information available in the following pages does not constitute an offer to sell, nor a solicitation of offers to purchase or subscribe for, securities in the United States. The securities referred to therein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the Securities Act) absent registration or an applicable exemption from the registration requirements of the Securities Act. Wendel does not intend to register any portion of the proposed offering in the United States or to conduct a public offering in the United States.

Australia, Canada, Japan and South Africa

The information available in the following pages may not be accessed by persons located in Australia, Canada, Japan or South Africa.

Other Countries

All persons residing outside of France and outside of the European Economic Area, United States, Australia, Canada, Japan or South Africa who wish to access the documents contained on this website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been obtained in France or outside France. Wendel assumes no responsibility if there is a violation of applicable law and regulations by any person.
By accessing to the information available in the following pages, you confirm that you are in compliance, and agree to comply, with the restrictions described above.

I do not confirm

IMPORTANT INFORMATION

Access to the information and documents on this portion of the website is restricted for regulatory reasons.

You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

Please enter your country of residence :

IMPORTANT INFORMATION

The materials contained herein are not for general release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Japan, Canada or any other jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction. Access to the information and documents on this portion of the website is restricted for regulatory reasons. You are requested to review the following information and make the following confirmation each time you seek to access this restricted information. Your confirmation must be true and accurate.

The information contained in this section of the website of Wendel (the “Seller”) (a) is only intended for, and may only be accessed by, or distributed or disseminated, directly or indirectly, in whole or in part, to persons resident and physically present outside the United States of America (including its territories and possessions, any state of the United States and the District of Columbia, the “United States”), Australia, Canada, or Japan, and resident and physically present in a jurisdiction where to do so will not constitute a violation of the local securities laws or regulations of such jurisdiction, and (b) does not constitute an offer to sell or the solicitation of an offer to buy or acquire any securities of the Bureau Veritas (the “Company”) in the United States, Australia, Canada, Japan, or any other jurisdiction where to do so might constitute a violation of the local securities laws or regulations of such jurisdiction.

The securities of the Company referred to in this section of the website (the “Securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or with any securities regulatory authority of any state of the United States for offer or sale as part of their distribution and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Securities have not been and will not be registered under the applicable securities laws of Australia, Canada or Japan, or any other jurisdiction in which it would be unlawful or would require registration or other measures, and therefore may not be offered or sold to or for the account or benefit of any person having a registered address in, or located or resident in, Australia, Canada, Japan or any other jurisdiction in which it would be unlawful or would require registration or other measures.

Access to the information contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access such information and documents. All persons who wish to have access to the documents contained in this section of the Seller’s website should first ensure that they are not subject to local laws or regulations that prohibit or restrict their right to access this section of the website, or require registration or approval for any acquisition of securities by them. No such registration or approval has been or will be obtained. The Seller assumes no responsibility if there is a violation of applicable law and regulations by any person.

If you are not permitted to view materials on this webpage or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

I therefore certify that:

I am resident and physically present in a country outside the United States, Australia, Canada and Japan;
I am authorized to access the information and documents contained on this portion of the website without being subject to any legal restriction and without any further action required by the Seller;
I will not transmit or otherwise send any information contained in this website to publications with a general circulation in the United States; and
I have read, understand and agree to comply with all of the restrictions set forth above.

I cannot confirm

DISCLAIMER – IMPORTANT

Due to applicable legal restrictions, the information contained in this section of the website is restricted and is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Australia, Canada or Japan, or any other jurisdiction in which such release, publication or distribution would be unlawful. We apologize for any inconvenience this may cause.

Return to the homepage