; Society supporting data

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)

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


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.

Please click here to find the information

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