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 the 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.

Official website: www.laudesfoundation.org

The Laudes Foundation provided USD 41.2 million for development in 2020 through its grantmaking activities. Compared to 2019, this amount represents a decrease of 14% in real terms.

In 2020, USD 4.2 million (10%) of the Laudes Foundation’s development finance was provided in the context of its COVID-19 response.

In 2020, the Laudes Foundation provided all of its development finance bilaterally, mostly through non-governmental organisations and to a lesser extent universities and research institutes as well as the public sector.

The Laudes Foundation’s development finance was primarily focused on Asia (USD 12.9 million) and America (USD 12.7 million), both accounting for approximately 31% of gross bilateral contributions, noting that 28% was unspecified by region in 2020. The top recipients of the Laudes Foundation’s grants were India, Mexico and Brazil.

A majority of the commitments made by the Laudes Foundation in 2020 targeted social infrastructure and services, with a particular focus on labour rights (under other social infrastructure and services); followed by economic infrastructure and services, particularly agriculture; and multi-sector, such as general environmental protection.

In terms of the 2030 Agenda, the Laudes Foundation’s development finance mainly supported SDG 10 (reduced inequalities), SDG 8 (decent work and economic growth), SDG 16 (peace, justice and strong institutions) and SDG 12 (sustainable consumption and production).

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