Fondazione Deutsche Bank Italia is supporting the non-profit organisation Fondazione Banco Alimentare (Food Bank Foundation) in its mission to recover and redistribute surplus food to the less fortunate, through various solidarity initiatives and the direct involvement of the employees of the Institute in Italy. In 2013, 378 hours of voluntary work were given at the Banco Alimentare food collection warehouses in five cities, and over 500 kilos of food were donated by the staff of Deutsche Bank in Milan.
In 2014, Deutsche Bank launched its first Social Bond in Italy in favour of Banco Alimentare, whose placement will grant Banco Alimentare a donation of nearly EUR 100.000. Through these collaborative projects, Fondazione Deutsche Bank Italia supports Banco Alimentare in its mission to recover and redistribute food items free of charge every day to 8,898 charitable organisations helping around 1,950,000 poor people in Italy.
"We are truly grateful to Deutsche Bank," declared Andrea Giussani, chairman of the non-profit Fondazione Banco Alimentare, "for choosing to undertake an economic operation for the common good in this difficult food emergency situation. The backing of such a reliable partner as Deutsche Bank enables us to tackle the current difficulties with great determination, further increasing the daily recovery of food and its redistribution in the areas of greatest need in our country."
Since 1989, the non-profit organisation Banco Alimentare has been recovering food items throughout Italy which, despite being unopened and unexpired, would nevertheless be destroyed as they can no longer be marketed. Saved from destruction, they reacquire value and worth for those who have too little. The Banco Alimentare network works every day across Italy through 21 Banco Alimentare organisations located nationwide and coordinated by the non-profit Fondazione Banco Alimentare. In 2013, 62,826 tons of surplus food items were recovered and 9,828 tons of donated food products were collected, 9,037 tons of which during the National Food Collection Day. 790,912 cooked meals were also recovered from catering enterprises, company and school canteens, besides 309 tons of bread and fruit.