Charity

The percentage of involvement of local communities is calculated as follows: 4 / 15 = 26.7%.

The funded projects are analysed below.

In 2022, the partnership between the Piaggio Group and (RED) - an association founded in 2006 by Bono and Bobby Shriver - continued, which, thanks to the help of partners and supporters, has allocated more than USD 700 million to the fight against AIDS and COVID-19.

(RED) aid to the Global Fund has impacted more than 220 million lives through prevention, treatment, counselling, HIV testing and support services. Since the beginning of its collaboration with (RED), Piaggio has donated $1.7 million.

This year the partnership has been extended with the introduction of the new model (VESPA ELETTRICA)RED which will be marketed from Spring 2022.

The Piaggio Group’s interest in research and progress in the health sector led it to donate €250,000 to the IEO CCM Foundation (European Institute of Oncology).

In the field of international cooperation, €40,000 was also donated to ISPI (Institute for International Political Studies) and €10,000 to AIICP (Italy-India Association for Cooperation between the two countries), as well as €3,000 to IJBG (the Italy-Japan Association).

A Piaggio 1 was donated to the Mantova Oncological Institute, a Vespa JB to support the San Patrignano Community through an auction organised by Charity Stars, a Vespa JB to the Laureus Italia Onlus Foundation, a My Moover to the social promotion association Il Sogno di Tommi.

Lastly, for some years now, for the end of year festive season, the Piaggio Group, together with the entire Immsi Group, has been fostering educational and rehabilitative activities for disabled children affected by brain damage by making a donation to the “Casa del Sole Onlus” association, in the name of all the employees of the Immsi and Piaggio Groups. This year the Piaggio Group contributed €20,000. In forty years of activities, the non-profit-making organisation Casa del Sole Onlus has assisted over five thousand children affected by brain damage and been a valuable source of help for their families.

The Indian and Vietnamese subsidiaries have also been active in the social field, supporting and promoting charitable initiatives, despite the impossibility of organising events due to the pandemic.

In particular, Piaggio Vietnam organised charity activities for children in schools, hospitals and orphanages, and distributed 100 gift kits to the most needy in Vinh Phuc Province on the occasion of the Tet holiday.

Particular mention should go to the Indian subsidiary.

The Company Act of 2013 enacted by the Government of India in 2013 stipulated that large companies operating in India must spend in each financial year, at least two percent of the average net profits of the last three years, in accordance with the Company’s Corporate Social Responsibility Policy and favouring local areas adjacent to the production site. Schedule VII of the Companies Act 2013 lists the CSR activities that can be undertaken by companies in compliance with the Company’s Corporate Social Responsibility Policy: (i) eradicating hunger and extreme poverty; (ii) promoting training; (iii) promoting gender equality and women’s empowerment; (iv) reducing infant mortality and improving maternal health; (v) combating HIV, malaria and other diseases; (vi) ensuring environmental sustainability; (vii) promoting employment and the improvement of professional skills; (viii) social entrepreneurial projects; (ix) contribution to the Prime Minister’s National Relief Fund or any other fund created by central government or local governments for socio-economic development. Piaggio Vehicles Private Limited (PVPL) has focused its commitment on social projects generally in the areas of water and sanitation, education, women’s empowerment, chosen on the basis of preliminary research carried out internally on the needs of the area surrounding the plant.

The following projects were developed by the Indian subsidiary during 2022:

Community Empowerment. Making the “Invisible” visible

As a result of the pandemic, in many Indian cities the situation of extremely vulnerable, street children has worsened. PVPL has worked to dignify these children through a project that aims to give them a legal identity so that they can more easily access their legitimate benefits and rights, particularly through the variety of government programmes. Furthermore, students are expected to have the opportunity to develop the right skills, but also to live responsibly as citizens of society. The project involved around 8.000 children.

Feeding kits for tuberculosis patients

PVPL encourages meeting the Indian government’s requirement to contribute to the needs of tuberculosis patients. So the organization supports the cause with 150 food kits that include 3kg of wheat flour, 1kg of peanut oil, 1kg of mung beans and 500g of peanuts.

Scholarships for children of 3-wheeler taxi drivers

A scholarship programme was launched to support the children of 3-wheeler taxi drivers who are studying for a diploma, bachelor’s degree or at upper secondary school. The market demands more technically qualified workers and through this scholarship programme, PVPL is offering young people the chance to acquire the skills to find a job and support their families.

Thanks to the project, 549 students received a scholarship to continue their higher education after school.

Only 25% of students opt for higher education. Studies have shown that 57% of students drop out of education because they cannot afford it.

Menstrual hygiene management

A report by the NGO Dasra, published in 2019, pointed out that 23 million girls drop out of school each year due to a lack of proper facilities for menstrual hygiene management. Millions of girls in India are absent from school due to cycle stigma and lack of sanitation. In line with this, PVPL has adopted school girls from Zilla Parishad and provided them with free sanitary towels for one year, to reduce the gradual drop-out rate of female students from the education system.