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)
| FY16 | FY17 | FY18 | |
|---|---|---|---|
| Pro Bono Time 1 | 244 | 314 | 329 |
| Direct Contributions | |||
| Matching Funds 2 | 222 | 203 | 133 |
| Charitable Contributions 3 | 15 | 15 | 2 |
| Operational Support 4 | 504 | 371 | 261 |
| Memberships 5 | 113 | 131 | 122 |
| Total | 1,098 | 1,034 | 847 |
| Percent of Profit 6 | 1.00% | 1.05% | 1.21% |
| Employee Contributions | |||
| Fundraising 7 | 305 | 261 | 141 |
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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