“Fiat is an international group which, because of its size, activities and geographical spread, plays a significant role in the economic development and welfare of the communities where it operates.”
(Code of Conduct of the Fiat Group)
Each company, especially when active on an international level, must take into consideration not only the interests of its stockholders, but also of all other players that are in some way affected by its activities. The Fiat Group is aware of the impact its growth has on the surrounding environment.
The Group’s sense of social responsibility has a long precedent. Its contribution to the socio-economic development of Italy, where it was founded more than 100 years ago, is renowned. There are numerous and well-documented examples of the Company’s commitment to its employees and the community in which it operates.
This commitment continues to this day. In fact, the Fiat Group supports the communities in which it operates through partnerships with local institutions and associations. It does so through charitable gifts, without strings attached, to support initiatives such as scientific research or social solidarity projects. It also supports local ventures in culture, education and sports. Its total expenditures on donations in 2007 were more than 34 million euros.