We share our success with local people and communities by funding the vital work of local, national and international charities. For many years, Stagecoach Group has invested between 0.5% and 1% of the profits from our transport operations in the UK and North America in good causes and community projects.
During the year ended 20 April 2013, £0.5m was donated by Stagecoach Group to help a number of charities and to support fundraising events and vital services. Among many other donations, the Group has pledged £100,000 over the next five years to Scotland’s first charity air ambulance and already has a four-year agreement to donate £100,000 in total to the London Air Ambulance service. We have also donated £10,000 to the Sunday Mail Centenary Fund which supports 17 charities across Scotland and regularly make donations to dozens of local charities across the UK. In addition, Stagecoach donated £10,000 to the Philippines Typhoon Appeal and agreed to match the fundraising of employees across the Group up to the value of £40,000.
Stagecoach also provides support in other ways, including sponsorship of charity occasions and local groups and our businesses regularly join in national fundraising events such as Children in Need and Comic Relief. During the 2012 London Olympic and Paralympic Games, Stagecoach handed out thousands of free ice lollies to spectators. We also support a number of bus and rail industry charities and events each year.
Many of employees carry out their own fundraising activities in their spare time, and Stagecoach often offers match funding to complement their efforts. The Group has also contributed significant in-kind support by seconding staff to good causes overseas as well as getting involved with local events in the UK and North America.
It would be impossible to outline all of the charitable giving and support for good causes that is undertaken by our companies and staff. However, below is just a flavour of some of the activities our people are involved in.