Business success can’t be separated from contributing to the progress of society. To support the creation of value for society, in 2007 Invalda INVL set up the social enterprise foundation “Iniciatyvos Fondas” (Initiative Fund).
The organisation’s goal is to promote socially responsible initiatives through programmes for diverse social groups.
Iniciatyvos Fondas runs integrated programmes which encourage specific social groups to take the initiative and actively contribute to the creation of a responsible and harmonious society. Programmes mainly focus on raising levels of knowledge and education, with particular attention to the integration of people living in remote parts of Lithuania.
In 2007 the Initiative Fund joined the United Nations Global Compact – an initiative that encourages businesses to operate in accord with 10 principles of social responsibility in the areas of human rights, labour, environment and anti-corruption. The main task of the Global Compact is to promote corporate social responsibility and fair markets.