Social responsibility

Social responsibility

AB Segulah and its principal owners believe that companies, ie. its board of directors and management and large shareholders, should exploit the interest of all shareholders in maximizing the company’s long-term profitability.

In addition to this responsibility, we believe that the company and its principal owners also have a responsibility to participate on a more general level in the development of the surrounding community by supporting various non-profit organizations. AB Segulah’s largest owner is Annika och Gabriel Urwitz´Stiftelse, which is a non-profit foundation that supports scientific research, social and cultural activities. The dividend that the foundation receives from AB Segulah is solely to finance the foundation’s nonprofit activities.

In addition to the foundation’s nonprofit activities, AB Segulah normally makes certain grants directly to various nonprofit organizations every year. For 2019, grants have been made to:

Hand in hand

AB Segulah is a contributor to Hand in Hand. Hand in Hand’s vision is a world free from poverty. Through Hand in Hand’s unique help to selfhelp model poor and marginalized people, the majority of whom are women, are strengthened with the capacity to work their way out of poverty. Raising family income contributes to greater food security, better education, increased access to medicines and healthcare, improved housing etc.

Hand in Hand’s efficient and cost-effective model helps create sustainable results with positive effect on individual- and family level, as well as on society at large.

Stockholms Stadsmission

AB Segulah is a contributor to Stockholms Stadsmission, an organization that work for a more humane society through social welfare, labor integration and training. The aim is to encourage participation regardless of economics and background, and to prevent exclusion.