A growing world
One of the most powerful contributions we can make to the Sustainable Development Goals (SDGs) is through the jobs we create and sustain and through the economic growth and investment that our business stimulates. This is why we strive to create a growing world where everyone has the opportunity to improve their livelihood.
Small and medium-sized enterprises play a critical role in supporting economic growth and job creation. Globally, they account for nearly 70% of employment1. However, many face significant challenges in starting and growing their businesses – from limited business skills and management experience to lack of access to markets and affordable financial products.
We are working to accelerate growth and social development across our value chain – from growers to retailers. We help drive agricultural productivity, innovation and resilience, supporting our growers and their communities. We are also committed to helping small retailers expand their businesses – providing the next generation of entrepreneurs across our markets with the business skills and opportunities they need to thrive.
Critical to our approach is working in partnership with others. We recognize no organization alone can address the challenges small enterprises face. We can have a greater and more sustained impact by working in collaboration across the private sector, government and civil society.
Supporting local communities
Around the world, our Foundations play an important role in supporting local communities where we operate. For example In the US, in the past 20 years the Anheuser-Busch Foundation has contributed more than USD 573 million to charitable organizations. In Colombia, Fundación Bavaria has two main strategic pillars: 1) entrepreneurship and 2) improving the quality of life in vulnerable communities and within Bavaria’s value chain.
In South Africa, the primary focus of the SAB Foundation is to inspire entrepreneurship as a means to growing the South African economy. In addition, we have committed to a package of public interest commitments, which include a commitment to invest ZAR 1 billion to areas including supporting smallholder farmers and promoting enterprise development.
1 International Trade Centre, 2015.