Society supporting data

Data presented here support the Society and financial performance sections of this report and include data from FY18 acquisitions.

Global sustainability initiatives: ERM's contributions FY16 - FY18 ($',000)

  
 FY16FY17FY18
Pro Bono Time 1  244 314  329 
  Direct Contributions   
Matching Funds 2 222 203 133 
Charitable Contributions 3 15  15 
Operational Support 4 504  371  261
Memberships 5 113  131  122

Notes:

1 Pro bono hours are registered by consultants on approved projects. Pro bono time is calculated at 80 percent of hourly charge out rate. 
2 Matching funds are made on a 75 cents for each dollar donated basis, for most employee donations in all regions. In FY18, a percentage of this budget was also used for "seed funding" as part of a new program to support longer-term partnerships with nonprofit organizations, particularly in geographies where employee-led fundraising is more challenging.
3 Charitable contributions made to organizations other than The ERM Foundation. 
4 Operational support includes salaries and direct costs for employees responsible for the ongoing operations of the ERM Foundation and other professional support costs.
5 Membership fees for global sustainability-focused organizations, where ERM contributes to thought leadership activities.
6 Calculated from prior fiscal year’s Earnings Before Interest, Tax and Amortization (EBITA). Therefore, FY18 percentage calculated using FY17 EBITA figure, FY17 percentage calculated using FY16 EBITA.
7 Funds raised by employees to support the ERM Foundation and other charities/nonprofit organizations. 

This information can be found on the Financial Overview section on our website (erm.com). FY18 data will be updated when finalized end of November.


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