Social Projects and Environmental Initiatives
Christof Industries also sponsors and supports a number of sporting teams and events. In 2019, we supported the two sportsmen Dominik Kraxner and Marco Schippers who took part in the Race around Austria challenge to cycle a distance of 560 km with a 6,500 meter climb along the border of Upper Austria. We also supported the ECOdolomites GT which focuses on sustainable mobility. This event was established with the idea of bringing mountain lovers and electric vehicle enthusiasts together, in order to combine driving pleasure in the mountains with respect for the environment.
Christof Industries is also involved in various social and environmental initiatives across the globe. A good example of this is a socio-economic environmental project with the Indian state of Maharashtra, where we are running a clean city slum redevelopment project together with the most renowned architecture company in India. This project is of great importance in that the work is being carried out on a combination of environmental, economic and social projects with the aim of establishing a circular economy that relieves the burden on the environment, creates work and income for the local population and at the same time takes economic aspects into account. To protect against political and financial risks, we work very closely with OeKB and are in constant contact with OeEB, DEG and KfW.
We have also partaken in a number of smaller social initiatives at our various subsidiary, including supporting the RNIB in the UK, Mission Hoffnung and Kinder-Krebs-Sozial Hilfe in Austria and Kindernothilfe Essen in Germany.