Friday, April 19, 2024

Drax launches global foundation to boost grant funding

Global renewable energy leader Drax Group has launched the Drax Foundation to boost the grant funding it provides for non-profit organisations and social enterprises in the UK, US and Canada.

It will focus on Science, Technology, Engineering, and Maths education and skills development, and improving community green spaces, with priority being given to organisations delivering for under-served and under-represented groups, advance gender equality and support indigenous communities.

The Foundation is said to be a key part of Drax’s community strategy, which is focussed on ensuring that the business delivers a positive impact in the communities where it operates.

Drax CEO Will Gardiner said: “Launching the Drax Foundation is the start of an exciting new chapter in how we deliver positive social impact in the communities where we operate. Our ambition is to better support diverse organisations who are working hard to create the next generation of STEM students as well as those enhancing local green spaces and biodiversity.

“We are passionate about giving back to the communities we operate in and we are proud of our past philanthropic work. Alongside the new Foundation, and as part of our new community strategy, we are also going to be funding energy efficiency measures for community organisations in the UK, supporting foodbanks around the world and expanding our Communities in Crisis Fund. Combined this is a step change in the support we deliver for people, nature and the climate.”

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