A Penny Saved is a Penny Earned: Corticeira Amorim is once again promoting financial literacy, through the “No Poupar Está o Ganho”, project
July 06, 2021 at 10:46 am EDT
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Corticeira Amorim has once again contributed to promotion of financial literacy amongst children and young people, through its continued partnership in the project 'No Poupar Está o Ganho' (A Penny Saved is a Penny Earned), organised by the Fundação Dr. António Cupertino de Miranda. Corticeira Amorim attended the awards ceremony of the Final Competition, which involved around 300 children and young people.
In order to help educate young people to become responsible consumers in the future, Corticeira Amorim is a partner in the 'No Poupar Está o Ganho' (A Penny Saved is a Penny Earned) project, which aims to promote financial literacy, covering topics such as savings, money management and the importance of money. Over the past 11 years the initiative has reached 40,000 children from 40 municipalities, organised throughout each school year and culminating in an annual Final Competition.
To ensure that the awards ceremony is even more special, Corticeira Amorim offered decorative items from its product line, Alma Mater, to teachers, and cork memo boards and tablets to students in the classes who won first, second and third prize, from Pre-schools to Secondary Schools.
The Final Competition of the 'No Poupar Está o Ganho' (A Penny Saved is a Penny Earned) project awarded prizes to around 300 students from 14 classes in the districts of Braga (6 schools), Porto (6), Viana do Castelo (1) and Vila Real (1). Through their submission of videos, apps or games, the groups proved to the competition jury that they not only master their financial education, but also have the creativity and ability to work in a group. Throughout the 2020/21 school year, the 'No Poupar Está o Ganho' (A Penny Saved is a Penny Earned) project reached 9,000 students from 500 classes.
'The 'No Poupar Está o Ganho' project shows us how promotion of financial literacy is a mission that we must all be committed to: not only the schools and municipalities that are implementing this project in their territories, but also the business community. Corticeira Amorim - whom we would like to sincerely thank - has played an instrumental role in bringing even more dynamism to this initiative, that aims to awaken the interest of young people about topics such as savings and responsible consumption', explains Maria Amélia Cupertino de Miranda, President of the Dr. António Cupertino de Miranda Foundation.
For further information about the project: https://nopouparestaoganho.pt/
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Corticeira Amorim SGPS SA published this content on 06 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2021 14:45:03 UTC.
Tracing its roots back to the 19th century, Corticeira Amorim, SGPS, S.A. has become the world's largest cork and cork-derived company in the world, generating more than EUR 985.5 million in sales to more than 100 countries through a network of dozens of fully owned subsidiaries. With a multi-million Euro R&D investment per year, Corticeira Amorim, SGPS, S.A. has applied its specialist knowledge to this centuries-old traditional culture, developing a vast portfolio of products, solutions and materials that are used by blue-chip clients in industries as diverse and demanding as wines & spirits, aerospace, automotive, construction, sports, architecture and design.
Net sales by business unit break down between Cork Stoppers (75.9%), Composite Cork (12%), Floor and Wall Coverings (9.1), Insulation Cork (1.6%) and Raw Materials (1.4%).
Net sales are distributed geographically as follows: Portugal 6.8%), EU excluding Portugal (61.8%), Other European countries (2%), the United States (16.4%), America excluding the United States (6.5%), Australasia (5.1%) and Africa (1.4%).
Corticeira Amorim, SGPS, S.A.'s responsible approach to raw materials and sustainable production illustrates the remarkable interdependence between industry and a vital ecosystem - one of the world's most balanced examples of social, economic and environmental development.
CORTICEIRA AMORIM, SGPS, S.A. 
