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MAPFRE MIDDLESEA P.L.C.

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MAPFRE Middlesea p l c : will celebrate the 5th Edition of Global Volunteering Day

10/01/2021 | 07:02am EST
MAPFRE will celebrate the 5th Edition of Global Volunteering Day

On the 2nd October, MAPFRE, both in Malta and at Group level, will be celebrating a new edition of Global Volunteering Day.

This will be a day dedicated towards enabling all employees to come together as one global team and help others in need.
This year, MAPFRE Group will once again be dedicating the event towards nutrition, having set an overall challenge of reaching 10,000 kilograms worth of food donations among all MAPFRE employees globally. This global challenge is being treated with the utmost importance, especially since nearly 9% of the world's population - more than 690 million people - suffer from the daily struggle of hunger.
With this global initiative, MAPFRE hopes to contribute towards two preliminary objectives outlined by the United Nations' Sustainable Development Goals, namely SDG 1 "Ending Poverty" and SDG 2 "Zero Hunger".
In the case of MAPFRE Malta, the company will be teaming up with Caritas' Dar Papa Frangisku, which was the first emergency shelter for homeless individuals in Malta, established in 2016. Dar Papa Frangisku is one of the largest houses in Fleur-de-Lys Road and is run by Caritas in partnership with the
Government and the Alfred Mizzi Foundation. Those persons who are experiencing difficulties in their lives, or who feel lonely or lack the basic necessities such as food and a place for shelter, are referred to this home. The shelter is open to those in need 24 hours a day and seven days a week, whilst guaranteeing a good and well balanced daily meal for both its residents and the homeless.
The primary aim of the shelter is to accommodate males between the ages of 18 and 59 whom, due to a number of issues including drug and alcohol abuse, incarceration, mental health difficulties, and family-related problems, end up homeless. The shelter sets out to provide individuals with basic needs such as shelter, food and clothing, as well as hygienic and laundry services. Through social work interventions and a holistic approach, Dar Papa Frangisku aims to serve as the bridge between being homeless and moving onto independent living or further supported accommodation.
A number of employees from MAPFRE Malta will be volunteering in this initiative. Those volunteers will be helping out in the kitchen and serving food so that homeless people will receive their daily intake of lunch.
MAPFRE Volunteering Day is part of the Corporate Volunteering Program that the People and Organization Corporate Area organizes with Fundación MAPFRE across 28 countries. Through this action, we will contribute to the 2030 Agenda and have a direct impact on two of MAPFRE's priority Sustainable Development Goals.

Disclaimer

Mapfre Middlesea plc published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 11:01:01 UTC.


© Publicnow 2021
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Financials
Sales 2020 389 M 440 M 440 M
Net income 2020 9,12 M 10,3 M 10,3 M
Net cash 2020 96,0 M 109 M 109 M
P/E ratio 2020 24,8x
Yield 2020 2,13%
Capitalization 202 M 229 M 229 M
EV / Sales 2019 0,22x
EV / Sales 2020 0,33x
Nbr of Employees 279
Free-Float 45,4%
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Managers and Directors
Javier Moreno Gonzalez President & Chief Executive Officer
James Mallia Chief Financial Officer
Martin Galea Non-Executive Chairman
Luciano Anastasi Chief Information Technology & Processes Officer
Olivia Darmanin Chief Technology Officer
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