Deriv ups Corporate Social Responsibility (CSR) efforts with ‘Deriv Life’

Rick Steves

Deriv’s intensified focus on CSR through its ‘Deriv Life’ program underscores a broader trend in the finance sector towards more conscientious capitalism.

Deriv, a global leader in online trading with a presence in 20 offices worldwide, is taking its Corporate Social Responsibility (CSR) efforts to new heights. Through its CSR initiative ‘Deriv Life’, the firm aims to make a tangible impact on society and the environment.

“Our approach to CSR goes beyond financial contributions. It’s woven into who we are as an organization,” said Seema Hallon, Chief Human Resources Officer at Deriv. She emphasized the company’s commitment to “collective action,” adding, “We envision Deriv Life as a platform for championing causes that resonate with our values and the personal beliefs of every member of the Deriv family.”

“Long-term commitment to social responsibility and global betterment”

In the past year, Deriv has sponsored various initiatives that align with its mission, including backing a team in the 4L Trophy rally to provide essential school supplies for underprivileged children in Morocco. The firm’s focus on CSR is not a peripheral endeavor but an integral part of its identity and purpose.

In a recent partnership with a Malaysian prosthetics firm, Deriv funded a state-of-the-art prosthetic limb for Ellie, a 7-year-old elephant who lost a front leg at age one. The prosthetic, made from durable carbon fiber and featuring a robust ethylene vinyl acetate (EVA) base, not only supports Ellie’s weight but significantly improves her natural gait. “Deriv’s sponsorship made this vital upgrade possible, and we’re proud to be part of Ellie’s remarkable journey to recovery,” said designer Yarham Hadeng.

Deriv’s global workforce is actively involved in expanding CSR activities across the company’s international offices. The focus is not only global but also local, addressing specific community needs while fostering positive social and environmental impacts.

“In the words of Jean-Yves Sireau, Deriv CEO, “CSR at Deriv represents a long-term commitment to social responsibility and global betterment. Our aim is to drive sustainable change as we progress forward, guided by our shared purpose.”

Deriv has been dedicated to democratizing online trading for over two decades. Offering a broad range of trade types and boasting over 200 assets across markets like forex, stocks, and cryptocurrencies, the company has built a workforce of over 1,300 people. Deriv places a strong focus on employee well-being, celebrating achievements, and fostering professional growth.

Deriv’s intensified focus on CSR through its ‘Deriv Life’ program underscores a broader trend in the finance sector towards more conscientious capitalism. As Deriv continues its global expansion, its commitment to CSR promises to be a defining aspect of the firm’s identity, ensuring that its corporate success parallels its efforts in societal and environmental betterment.

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