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Holcim make CHF5 million donation to the Ernst Schmidheiny Foundation

World Cement,

For 40 years, the Ernst Schmidheiny Foundation has been supporting special project weeks designed to provide young people in Switzerland with a grounding in economics and business management.

As part of its centenary celebrations, Holcim is making a donation of CHF5 million in recognition of the major commitment shown by the Foundation and its partners. A core element of the Ernst Schmidheiny Foundation are the ‘Economy Weeks’ that it has been stages at Swiss senior high schools.

To date, over 100 000 senior high school students have completed an Economy Week, receiving hands-on instruction on how businesses work from more than 500 managers from commerce and industry. The simulation scenarios and the economics and business management curricula were developed in close cooperation with the University of St. Gallen.

The objective of the Holcim Group's five million franc donation is to provide the Foundation with additional funds to ensure that it can continue to fulfill its remit to maximum effect in the coming years.

Adapted from press release by Jack Davidson.

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