We are a global company operating on the ground in over 70 countries worldwide.
We pride ourselves on being a part of the local communities in which we operate and our units are encouraged to develop close relationships with local people, business partners and community groups.
In many locations around the world, we have a community programme in place and many of our employees volunteer to be part of these initiatives. Two recent examples from Peru (case study – Largest Sweater in the World Helps Andean Communities in Peru) and Thailand (case study – Coats Thailand’s Flood Relief Efforts) are given in the case studies.
We also aim to be a good corporate citizen and engage regularly with local authorities and other organisations in the community. It is important to us that we play a key role in local society, not least of which because that’s where our employees come from. However, we have yet to globally align our community and charitable activities, which are currently handled at a local level.
During 2012 we plan to develop a global policy to define our corporate approach to community investment. We will report on our progress next year.