Donations and Sponsorships

GRI 102-15, GRI 203-2, GRI 415-1

At WACKER – we see ourselves as an integral part of the society in which we live and work, which is why we take our social responsibilities seriously, especially in communities around our sites. Training young people in the natural sciences is especially important to us because we need dedicated scientists and engineers if we are to remain competitive. Charitable and outreach projects to help children and young people represent another pillar of our social commitment, while the WACKER relief fund (WACKER HILFSFONDS) provides support to victims of natural disasters and helps rebuild devastated regions. As part of our social commitment, we seek enduring partnerships, preferring to invest in long-term projects.

WACKER’s Donations and Sponsorships

 

 

 

 

 

 

 

€ thousand

 

2016

 

2015

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

Donations

 

1,071

 

1,022

 

851

Of which political donations

 

3

 

3

 

3

Sponsorships

 

973

 

698

 

3,339

Total

 

2,044

 

1,720

 

4,190

Share of sales (%)

 

0.04

 

0.03

 

0.09

 

 

 

 

 

Group Donations and Sponsorships 2015/2016

Group Donations and Sponsorships 2015/2016 (bar chart)Group Donations and Sponsorships 2015/2016 (bar chart)

Around half of our donations in the reporting period went to the SV Wacker Burghausen sports club (German-language version only) to promote popular sports, to “Die Arche” (The Ark; German-language version only), a German charity for the young, and to WACKER’s relief fund. With regard to our political lobbying in 2015 and 2016, we supported politicians on a small scale (€3,000 in each year).

Our sponsorship activities focus on education, science and the SV Wacker Burghausen professional soccer team. The main reason for the decrease in sponsorship in the reporting period compared with 2014 is because we prolonged aid in 2014 to the Institute for Silicon Chemistry at the Technical University of Munich.

In 2016, €79.5 million in current taxes went to governments throughout the world (2015: €218.7 million). For many years, WACKER has been the largest payer of trade tax in Burghausen and Nünchritz, the locations of our two biggest German sites.

In addition to WACKER’s corporate taxes, governments also receive the personal taxes and social-security contributions paid by our employees.