Corporate Responsibility

By Spectrum IFA - Topics: corporate responsibility, Spectrum-IFA Group
This article is published on: 20th March 2018

Every year, like many organizations, The Spectrum IFA Group is approached for support from many charities. As a company, we budget to support international charities and causes close to our staff and our clients’ hearts. Please find below links to causes that Spectrum thought both worthy and interesting.

Street Child

In 2018 one of the charities we are continuing to support is Street Child. Street Child is a UK charity, established in 2008, that aims to create sustainable educational access for some of the world’s most vulnerable children. Street Child initially started with one location, 100 children and four social workers.

Since then, Street Child has continued to grow into a dynamic charity, assisting some of the world’s most vulnerable children in Sierra Leone, Liberia, Nigeria and Nepal. Through creating educational opportunities, Street Child has helped thousands of children lead a more positive life and opened up future opportunities for them.

An important and current project is called Breaking The Bonds. Members of the Musahar caste are traditionally involved in bonded labour and face extreme economic hardships and discrimination as a result. The experience of bonded labour, other socio-economic factors, and discrimination within the community and at school combine to make the Musahar community one of the least educated groups in Nepal. Bonded labour has been a traditional caste-based practice in Nepal. It is found mostly in agriculture, but also in domestic work and brick kilns. Labourers are paid little or no money for work and find themselves constantly indebted to their masters, rendering them unable to break out of the poverty cycle. Despite most forms of bonded labour being abolished by the Government of Nepal, over 66,000 households were still found to be affected by it in the seven Terai districts.

  • 23% – Of girls never enrolled in school
  • 29% – Of girls had dropped out
  • 46% – Of 15-19 year olds could not read Nepali
  • 62% – Of 15-19 year olds had no math competency
  • 45% – of parents claimed that teachers were bad or absent
  • 56% – of children would want to go to school if only their parents would encourage them
  • 47% – of children weren’t enrolled in school due to their compulsion to earn and contribute to the family income

We hope you find the information of interest and agree with our support. If you would like to learn more about Breaking The Bonds please click here www.street-child.org.np/breaking-the-bonds

Article by Spectrum IFA

Spectrum IFAThe Spectrum IFA Group is committed to providing a professional financial advice to the expat community in Europe. The Spectrum IFA Group operates in a number of jurisdictions with 12 offices in France, Spain, Italy, Switzerland, Luxembourg and the Netherlands with over 40 advisers.

Contact Spectrum IFA direct about: "Corporate Responsibility"

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