Afas, backed by the Mars and Van der Veldt families, is donating 30% of its shares to new charitable foundations, Pharus and Contribute, aimed at addressing global challenges in over 30 countries. The move reflects a commitment to social responsibility, with the CEO articulating a desire to help disadvantaged communities and support climate initiatives. The company is focused on sustainable growth without acquisitions, with a strategy to foster organic development and employee welfare, exemplified by the recent introduction of a four-day work week.
The two families behind Afas are donating 30 percent of their shares to charitable foundations to support global initiatives in various sectors and maintain community engagement.
Afas CEO Bas van der Veldt states, 'Many people are in disadvantaged situations, and the climate is not doing well. We want to take responsibility for that.'
CFO Arnold Mars emphasizes that the company's growth is focused on sustainability and that they deliberately choose organic growth to focus on long-term goals.
Earlier this year, Afas announced a four-day work week for employees, aiming to prioritize their well-being and encourage volunteer work.
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