In 1988 Per Grieg sr. established the precursor to the Grieg Foundation. His thought was that returning a share of the Grieg Group´s profit into activities outside of the daily business would inspire not only the recipients, but also all employees. The knowledge that ones business goals involve more than just increasing wealth strengthens the motivation, self-esteem and self respect of people in the organisation.
25% of the values created by the Grieg Group are endowed to the society.
Grieg Logistics is owned 25 per cent by the Grieg Foundation, which means one quarter of the values created by the Grieg Group will be endowed to the society. Many of the projects Grieg Foundation supports are in the intersection between youth work and culture work. Other contributions are given towards health, research and other benevolent projects.
Supporting education globally
The main focus in the Grieg Foundation’s contribution relates to support and education of children and young people on a global basis. We are one of the main sponsors of SOS children. Grieg Foundation have also supported building of schools in China, Africa and lately at Madagascar, Scholarships for students at the United World College in Costa Rica and the Pestalozzi College in England.
Gender equality are among the most important priorities of the Grieg Gender challenge as equality is not just a right in itself, but is instrumental in achieving economic growth and poverty reduction