Drax, the world's leading producer and user of sustainable biomass energy, launched the Drax Foundation to significantly boost grant funding for non-profit organizations and social enterprises in the U.S., U.K., and Canada. The Foundation is a key part of Drax's community support strategy, which is focused on ensuring the business delivers a positive impact in the communities where it operates.
"Launching the Drax Foundation is the start of an exciting new chapter in how we deliver positive social impact. Our ambition is to better support diverse organizations working hard to create the next generation of science and technology leaders, students and those working to make our communities greener and better places to live," said Will Gardiner, CEO of Drax.
The Drax Foundation will fund initiatives supporting education and skills development in Science Technology Engineering and Math (STEM), as well as those that improve green spaces and enhance biodiversity within local communities. Funding will be available for organizations ranging from smaller community-led projects to larger grants of up to $60,000 for established non-profit organizations.
"We are passionate about giving back to the communities we work in and are proud of our past philanthropic work," said Gardiner. "Alongside the new Foundation, and as part of our new community strategy, we are also going to be funding energy efficiency measures for community organizations in the UK, supporting foodbanks around the world and expanding our Communities in Crisis Fund. Combined this is a step change in the support we deliver for people, nature and the climate."
The Drax Foundation represents a new approach to the company's investment in communities and will provide a long-term platform to support local organizations as the company grows.
