Avolta is deeply committed to promoting the growth and well-being of local communities across the 70 countries in which it operates, embedding this dedication as a cornerstone of its business approach. By contributing to their development, Avolta fosters strong relationships and generates positive social and economic impacts.
Under the focus area “Engage Local Communities”, Avolta has identified a key area of action and commitment:
- Supporting Communities Create connections with the communities we serve and contribute to the growth of local economies
Avolta recognizes that sustainable business practices are inherently linked to the well-being of local communities. With this understanding, the company actively engages in initiatives that drive economic growth, foster social progress, and advance environmental stewardship. As part of this commitment, Avolta sources over 27 % of its products (by COGS) from local suppliers, directly contributing to the economic vitality of the communities where it operates and supporting local enterprises.
Our commitment in supporting local communities globally is expressed by a diverse array of projects, each tailored to address specific needs of local communities. Supporting charitable institutions and causes has been a core part of Avolta’s mission, shaping its growth and evolution since its earliest days, as a way of giving back to society.
In this context, in 2023, the Global Executive Committee approved a new Avolta Community Engagement Strategy, aimed at enhancing the company’s ability to generate meaningful impact across a focused set of social and environmental themes. This strategy identified six priority areas for Avolta’s independent initiatives at both the global and regional level:
- Education for disadvantaged children & adolescents
- Healthcare support for people with special needs
- Support and Training for vulnerable groups
- Fight poverty and food insecurity
- Clean water and sanitation for communities
- Ocean plastic cleaning
To ensure these areas are aligned with the needs of local communities, in 2024, Avolta conducted a comprehensive survey among its team members. This survey, completed by a statistically representative sample of over 2000 team members, confirmed the relevance and validity of the selected areas. The valuable feedback also underlined how Avolta’s Community Engagement Strategy is well-aligned with the needs of local communities and provided a stronger foundation by combining global priorities with the lived experiences of the people closely connected to the communities Avolta serves.
The Avolta Community Engagement Strategy also provides indications and guidelines for both direct and indirect engagements, as well as all those initiatives run in collaboration with concession partners and suppliers at local level.
During 2024, at global, country or location level, we ran over 300 initiatives and supported more than 220 (2023: 150) non-profit organizations, social or humanitarian initiatives and local associations and initiatives, promoting cultural events and causes while actively engaging our staff through volunteer work. In total, Avolta donated over CHF 9.7 million (+8 % vs 2023), of which 24 % through direct donations, 39 % in-kind and 37 % through fundraising.
In 2024, our corporate community initiatives – both at the company and country levels – focused on combating poverty, food insecurity, and social exclusion at the local level. Avolta supported disadvantaged children and their families by expanding access to education and healthcare while providing humanitarian aid to communities affected by natural disasters – such as the floods in Valencia, Spain – and socio-political crises, including those in Ukraine. In some cases, our team members have also been actively involved, by either participating in the selection of the charity initiatives, or through volunteering initiatives.
Stakeholder value allocation
Avolta contributes to the development of the economies in countries where it operates through the payment of fair and competitive salaries, taxes and the purchase of local products and services. As a way of assessing the economic impact of its business, Avolta annually discloses its stakeholder value allocation, which reflects the direct monetary impact of its operations over its main stakeholders. The stakeholder value calculation is based on Avolta’s CORE EBIT plus personnel expenses. It does not comprise values allocated to business stakeholders, such as suppliers or concession partners.
The accrued value allocated reached CHF 3,648 million in fiscal year 2024 (2023: CHF 3,357 million). Out of this amount, CHF 2,749 million (2023: CHF 2,539 million) was allocated to our employees in form of remuneration, retirement benefits, social security payments and other personnel expenses. CHF 134 million (2023: CHF 160 million) were interest expenses as contributions to our bondholders and lending banks. Income taxes to public authorities and communities amounted to CHF 120 million in 2024 (2023: CHF 129 million), in the countries where we operate. The dividend payment, which the Board of Directors is proposing to the Annual General Meeting of Shareholders on May 14, 2025, of CHF 1.00 per registered share amounts to a total of CHF 147 million, and if approved by the AGM, will be paid to shareholders in May 2025.
Additionally, Avolta contributes every year to a comprehensive number of social initiatives, which are described in this Community Engagement section of the report, with the remaining amounts being carried forward.