Creation of the Foundation
Created in June 2020, the setec Foundation, under the auspices of the Fondation de France, is committed to supporting projects that contribute concretely to the environmental transition in the fight against climate change, the preservation of biodiversity and the protection of aquatic environments.
Aware of the major social and societal challenges associated with the environmental transition, it makes the fight against poverty (precariousness, energy autonomy, food, access to education and healthcare, etc.) an essential corollary of its action.
Similarly, it accompanies cultural actions of social questioning on these themes. Integration, training, education, the setec Foundation is sensitive to the social vocation of projects.
Provide financial support for projects of general interest
The setec Foundation is sheltered by the Fondation de France. In this context, it has committed to an initial endowment of 200,000 euros over 5 years (2020-2024).
This sum is supplemented every year by voluntary contributions from subsidiaries of the setec group and donations from individuals. Its endowment in 2022 will reach 350,000 euros.
Since its creation, the setec Foundation has donated 471,000 euros to 27 projects in 9 countries on 4 continents.
A local action for structures of general interest
The structures supported are of general interest and not-for-profit (associations, NGOs, cooperatives, social enterprises etc.).
In addition to the funding offered by the setec Foundation, projects can benefit from the involvement of employees of the setec group via the sponsorship of skills of its subsidiaries. To do this, it encourages projects located near the subsidiaries’ sites.
An annual theme of intervention
In order to strengthen the impact of its action, the setec Foundation has chosen to focus on one theme per year among the five areas of intervention in which it is committed to intervene between 2020 and 2024 (see “commitments”).
Campaign 2023: Knowing and sharing knowledge about the biodiversity of coastal wetlands to better preserve it
In addition to the financial leverage effect on the projects it supports, the setec Foundation aims to measure the social, societal and environmental impact of its action. The next few months will be used to define the methodology for this evaluation.
Gouvernance of the setec Foundation
The governance of the setec Foundation is made up of an Executive Committee, composed of 6 people.
Michel Kahan, Chairman of the setec group, is Chairman of the setec Foundation.
Three other members of the committee are from the setec group or its subsidiaries:
– Arnaud Moineville (setec AS),
– Stéphane Bicocchi (setec énergie environnement),
– Jean-Bernard Datry (setec TPI).
Two outside personalities complete the committee: Sophie Mougard and Eric Philippon, President of FAMAE (an independent family foundation that finances projects that reduce the environmental footprint in all areas of the circular economy).
setec Foundation operational team
The operational team is responsible for defining and implementing the annual roadmaps of the setec Foundation.
Marie Hommeau, Head of Climate Strategy and Environmental Acceptability at setec énergie environnement, is involved in skills sponsorship as the setec Foundation’s coordinator.
The communication actions are carried out under the strategic guidance of Caroline Day-Califet, Director of Communication for the setec group.
The setec Foundation has several funding levers to support structures in setting up and monitoring projects:
- The annual campaigns, organised around a theme and/or a geographical area, with a projected endowment of €200,000 in 2023.
- The Transition Fund, which finances projects co-opted by the setec Group’s employees, with a projected endowment of €50,000 in 2023.
- The renewal of partnerships, in order to ensure the sustainability of the projects supported, with a projected endowment of €40,000 in 2023.
- The emergency fund, set up exceptionally to support associations following the invasion of Ukraine by Russia, which collected €62,000 in 2022. To date, there are no plans to dedicate part of the endowment to an emergency fund in 2023.