Laudes Foundation

The Laudes Foundation is a philanthropic foundation based in Switzerland, launched in 2020 as part of (yet independent from) the Brenninkmeijer family enterprise.

Advancing the industry-changing work of C&A Foundation, the Laudes Foundation envisions global markets that value all people and respect nature, an economy in which industries uplift all who participate in them, and regenerate and restore nature as a fundamental part of what they do.

The Laudes Foundation provided USD 45.6 million for development in 2019 in the form of grants. Compared to 2018, this amount represents an increase by 4% in real terms.

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In 2019, the Laudes Foundation channelled its development finance mostly through non-governmental organisations (78%), public-private partnerships and networks (10%) and the public sector (7%).

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In 2019, civil society organisations (CSOs) received USD 36 million of gross disbursements. Of this, 2% was allocated to CSOs as core contributions and 98% was channelled through CSOs to implement projects initiated by the provider (earmarked funding). CSOs based in developing countries received 36% of the Laudes Foundation’s allocations channelled to/through CSOs.

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In 2019, the Laudes Foundation’s development grants were mainly focused on Asia and America. USD 17 million was allocated to Asia and USD 9 million to Asia, accounting respectively for 38% and 19% of its development grants. Forty-three per cent of its gross development finance was unspecified by region in 2019.

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Bilateral private development finance by recipient country

In 2019, 56% of gross disbursements went to the Laudes Foundation’s top 10 recipients, most notably India, Brazil and Bangladesh. The share of 44% was not allocated by country, mainly relating to expenditure for projects and programmes with a regional scope.

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Least developed countries received USD 6 million (13%) of the Laudes Foundation’s gross disbursements in 2019. The Laudes Foundation allocated the highest share of its development finance (43%) to middle-income countries in 2019, noting that 44% was unallocated by income group.

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Note: LDC: least developed country; LIC: low-income country; LMIC: lower middle-income country; UMIC: upper middle-income country.

In 2019, most of the Laudes Foundation’s development grants were allocated to social infrastructure and services. Contributions in this area accounted for 52% of its commitments (USD 24 million), showing a particular focus on labour rights. Commitments for production sectors totalled USD 15 million (32%), mainly relating to the value chain of cotton in the agriculture sector and innovation in the industry sector.

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In terms of the Sustainable Development Goals (SDGs), the Laudes Foundation focused most of its development finance on reduced inequalities; decent work & economic growth; peace, justice & strong institutions; and responsible consumption & production.

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In 2019, the Laudes Foundation committed USD 2 million (5% of its allocable development grants) to gender equality and women’s empowerment.

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The methodological notes provide further details on the definitions and statistical methodologies applied, including core and earmarked contributions to multilateral organisations, the SDG focus of private development finance, channels of delivery, unspecified/unallocated allocations, the gender equality policy marker, and the environment markers.

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