Sustainability in everyday life
The “Zukunftsstiftung der Liechtensteinischen Landesbank AG” (the Future Foundation of Liechtensteinische Landesbank AG), which was founded in 2011 as part of our 150th anniversary celebrations, supports commitment to social and ecological sustainability in everyday life. We support social organisations and non-profit projects that improve living and working conditions and promote self-responsibility. We also support environmental projects. We focus on innovations in the areas of knowledge transfer as well as the integration and implementation of social entrepreneurship.
Trust, responsibility and reliability are important to the LLB Group. The company is closely connected with the people and the economy of Liechtenstein and the adjacent regions. In addition to project-specific contributions, the Future Foundation contributed to society by donating a total of CHF 76,500 to social organisations in 2016. The Future Foundation is a member of the network of the “Vereinigung liechtensteinischer gemeinnütziger Stiftungen” (Association of Liechtenstein Non-Profit Foundations), which aims to promote the idea of entrepreneurial philanthropy.
Projects in 2016
The Future Foundation’s commitment in the areas of community service and the environment has a lasting, sustainable impact. Through its annual donations to a set circle of social institutions in Liechtenstein, the Future Foundation contributes to the maintenance of healthy social structures in the country. The funding of individual projects should enable innovative ideas for social and ecological development in the LLB Group’s market regions to be realised.
Since 2011, the Future Foundation has made over 100 donations as well as contributions to 30 projects in all totalling over CHF 750,000. Since the projects receiving funding contributions are mostly small, focused and located in the market regions of LLB and Bank Linth (Liechtenstein and eastern Switzerland) as well as LLB Österreich, the funding is often critical to the beneficiary organisations’ ability to realise them. In 2016, the Future Foundation funded four projects:
- mychoice.info: The online platform has short films showing the different apprenticeships available in Liechtenstein and Switzerland, which companies offer them and what the particular challenges and development opportunities are. Using this sound information, young people, their parents and teachers can get an idea about apprenticeships.
- Association NetzWerk – “Freiwilliges Soziales Jahr Liechtenstein” (voluntary year of community service): This project offers young people the opportunity to complete a supervised and professionally organised voluntary social service year at a social institution. Five people were able to successfully complete the social year and, as a result, further develop their future perspectives.
- “Stiftung Zukunft Liechtenstein” foundation: The foundation sees itself as a think tank for addressing economic and socio-political topics relevant to the sustainable development of Liechtenstein and to securing its future. To this end, it fosters the interaction between science, economics and politics.
- Alte Metzg Schaan: LLB funded the Christmas campaign to distribute food aid to people in need.
Drink tap water – donate drinking water
In 2016, LLB joined “Drink & Donate” – a drinking water project. Since February 2017, hydration stations that use fresh tap water have been provided at its headquarters in Vaduz. By consuming tap water instead of transporting branded bottled water, we want to reduce our ecological footprint and protect the environment.
The around 650 LLB employees in Vaduz use the tap water, which according to laboratory tests is of excellent quality, more conscientiously. And they can make a sustainable contribution on fair-terms to supporting people in developing countries who do not have access to clean drinking water. LBB donates CHF 60 per employee per year to “Drink & Donate”, a Zurich-based non-profit organisation.