Sponsorship initiatives

The Group contributes to volunteer-sector organizations intervening in the areas of solidarity, childhood, combating exclusion and promoting health, by providing financial assistance to support their projects and initiatives.

In 2020, Interparfums renewed its support for communities producing essential patchouli oil of Indonesia, used in the manufacture of its products. Since 2018, through the Givaudan Foundation, Interparfums has provided support to four schools for the management of their libraries established on the island of Sulawesi. This initiative benefited nearly 900 students and 55 teachers. This initiative also provides for creating
an additional library on the same island in 2021.

In 2020, funding of sponsorship initiatives amounted to €130,000.

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