Together we are stronger!
/asbz believes that building a better future starts today. With that in mind, we launched the Social Cashback program. The mechanics are simple: /asbz customers pay their invoices by the due date, and part of the invoice amount will be redirected to accredited entities that can have a positive impact on the Brazilian population, in the following areas: social, inclusion, education, and promotion of diversity.
Check out the institutions currently participating in the program:
Through this type of action, we will increasingly connect people and companies with the common goal of living in a better world. Read the full regulation below:
Social Cashback Policy /asbz
Context and purpose
/asbz ("/asbz" or "firm"), by reaffirming its belief in transcending words, and thus adopting perennial, sustainable, and timeless actions for a better world, has created the program called Social Cashback ("Social Cashback" or “program”), an initiative in which part of the invoice amount timely paid by its clients will be reverted to the institutions and projects mentioned herein.
- Committed to generating new sources of funds for society
Once the conditions of the program are met, /asbz assumes the commitment to provide new sources of funds to society, under the terms established herein, by waiving part of its revenues.
This means, by way of example, that /asbz will not allocate funds previously available to business companies in general to the program (e.g., tax incentives), or count as part of the program the value of the human resources that are already used in /asbz's pro bono initiatives.
- General conditions and operating mechanism
0.5% (one half percent) of the net amount of invoices issued by /asbz paid by their due date will be allocated to the institutions participating in the program. Invoices that, regardless of reason, have had their due date postponed, regardless of their reissue, will not be considered.
- Allocation of funds
The funds raised through Cashback Social will be allocated to national and international institutions affiliated with the program, which will preferably focus on initiatives that have a positive impact on the Brazilian population, in the following areas: social, inclusion, education, and promotion of diversity.
- Access to results information
Each client will receive, periodically, a report of the amounts of their invoices that were used for Social Cashback, while /asbz will advertise to the market the institutions contemplated with the funds and the actions that were provided under the program (whenever this link can be established).
- Legal relationship of /asbz and clients with participating institutions
In all cases, /absz will fully account for the revenue related to the invoice eligible for the program so that the corresponding items are donated after they are actually received by the firm. In this context, /asbz will treat the monies reverted to the participating institutions as donations, to appear as the only donor firm.
Clients of /asbz, in turn, will not have any kind of legal relationship with the participating institutions, and they cannot be required to have any obligation or to furnish cash other than the payment of invoices for the services provided by /asbz.
- Discretion of /asbz
Any characteristics or assumptions of the program, such as the participating institutions, the proportion of funds to be donated to the participating institutions, and the information contained in the reports sent to the market, among others, will be at the sole discretion of /asbz, who will also be able to modify the conditions of the program, or terminate it, without the prior consent of any parties involved.
Social Cashback is carried out by mere liberality of /asbz, and none of the parties involved can claim any rights or expectations from the firm.
- Term
This is Social CashBack #1 policy, published on 8/11/2022, effective 9/1/2022.