The Iniciatyvos fondas (Initiative Fund) social enterprise foundation was established by one of the largest investment companies in Lithuania, Invalda INVL. “Iniciatyvos fondas” strives to develop various programs for different social groups and to encourage social responsibility and initiative.
The main idea of these programmes is to give people in the country a chance to pursue relevant changes, and by supporting their initiative and encouraging independent initiative, to actively contribute to the creation of a responsible and harmonious society. The Initiative Fund’s priorities may change from year to year.
“Initiative Fund” has expressed its commitment to use the Compact as a forum for advancing responsible corporate citizenship.
Thorough the power of collective action, the Global Compact seeks to promote responsible corporate citizenship so that business can be part of the solution to the challenges of globalization. In this way, the private sector – in partnership with other social actors – can help realize a sustainable and inclusive global economy.
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