Essilor  has established the Vision For Life programme which its describes as being dedicated to eliminating poor vision and improve lives by improving sight.

The Group has committed  €30 million to the project making it the largest global strategic giving initiative dedicated to eliminating Uncorrected Refractive Error. URE, simply poor vision, is the most common disability in the world affecting 2.5 billion people  who do not have vision correction.

Essilor claimed that this has significant social and economic repercussions and costs the world over Euro– the latter calculated  to be worth as much as $272 billion (€312bn) in lost global productivity each year.

The lens giant said Vision For Life is a strategic giving programme that aims to accelerate initiatives targeting poor vision through awareness-raising, capacity-building and the creation of basic vision care infrastructure. The sustainable development of local vision care will create jobs, help alleviate poverty and bring socio-economic development to individuals and the communities in which they live.

‘The launch of the Vision For Life program is a natural sequel to the creation of our Corporate Mission division in 2013 and provides impetus to our efforts to bring good vision to everyone, everywhere in the world. By addressing the vast unmet vision correction needs, we can make a lasting impact on the lives of individuals and on human development  worldwide.’ said Hubert Sagnières, Chairman and CEO of Essilor International.