ST/ST - Sustainability Report 2024 - EN

Caring about people

Community engagement

Beyond striving for safe and equitable working conditions and fair remuneration in our partner factories, we also aim to contribute directly to the social and environmental prosperity of local communities. In 2020, our management and Board of Directors decided to allocate a percentage of Stanley/Stella’s annual operating profit to a ‘Stanley/Stella Fund’ to support initiatives for the environment and community-based projects. This fund is operated in collaboration with the King Baudouin Foundation, whose mission is to facilitate philanthropic and charitable initiatives by individuals and companies. Through the Stanley/Stella Fund, we aim to give back to the communities that are close to the cotton fields, close to our partner factories, or close to our operations in Europe, and to further protect the environment. All projects supported by the fund must first be approved by a Sustainability Committee consisting of our CEO, the Head of Sustainability, and a member of the Board of Directors, before being approved by the King Baudouin Foundation internal Committee.

Read more about the Stanley/Stella Fund’s partnership with the King Baudouin Foundation.

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