Contributing to the integration of young people in difficulty in Brazil

Initiated by Embratec and followed through by Ticket Log* in Brazil, the Pescar project provides support for young people aged 16 to 19 in difficult situations. How does it work? A vocational training course with classes provided every day.

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Behind the Pescar project, a businessman: Geraldo Linck. In 1976 he witnessed a young man mug an elderly person. Shocked by this violent act and the agility and strength of the thief compared with the frailty of the victim, he took action to put an end to this situation and help disadvantaged youngsters. He created the Pescar project, which promotes personal development, a sense of citizenship and vocational training for these young vulnerable people, through partnerships with companies and organizations. Since 1976, 25,621 socially vulnerable high school students have been trained in Brazil, Argentina, Paraguay and Angola.

Initiated by Embratec and followed through by Ticket Log, this year the project is training 18 volunteers every day, providing classes in the company from 2 p.m. to 6 p.m. A minimum of 900 hours devoted to two main areas:

Personal development and citizenship;
Technical and vocational development.

During the second semester of the year, these young people will experiment with a cycle of several functions in the company.

Beyond the social aspect, Ticket Log's aim is to identify young talents and retain them in the company.

*Ticket Log brings together Edenred's Ticket Car and Repom assets and Embratec's fuel card and maintenance activities.

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards).

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 10,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day.
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.