Supporting our communities
Baker Hughes seeks to make a positive impact in the communities where we operate around the world. Consistent with our purpose and values, we work to advance environmental quality, educational opportunities, and health and wellness. We support our communities through financial contributions, in-kind donations of goods and services, and volunteer projects. The Baker Hughes Foundation makes strategic philanthropic contributions, matches Baker Hughes employees' charitable contributions, and awards volunteer recognition grants for outstanding employee community service.
Corporate giving
In 2021, we contributed $45,215,173 in financial and in-kind contributions, including $669,215 in matching grants to causes our employees contributed to and 16,905 volunteer hours to causes and projects they support. Our 2021 contributions were lower than the prior year due to the donation of a building which occurred in 2020. While we increased our volunteer hours, they have not yet returned to pre-pandemic levels. We seek to continue to grow our volunteerism over time and expect to see an increase in volunteer hours as restrictions ease on in-person gatherings.
Community service and volunteerism
Our employees demonstrate our "Care" value when they volunteer their time to help others. Despite the ongoing challenge of organizing in-person events, we were able to more than double our community volunteer hours during the year, with more than 16,000 employee volunteer hours logged around the world. Re-energized volunteer teams are active in many of our communities around the world, and we recognized individuals and teams for their outstanding volunteerism during the year. The Baker Hughes Foundation matches employee contributions to qualified nonprofits, up to $5,000 per person per year. Many of our people participated in organized fundraisers, personal giving, and matching gifts. The company has contributed $669,215 to charities to match employee contribution in 2021. Some notable examples of organized employee volunteer projects around the world are shown on this map.
