ISSN: 1391 - 0531
Sunday February 3, 2008
Vol. 42 - No 36
Financial Times  

Chevron donates $30 mln to The Global Fund

Chevron has announced that it is donating $30 million to The Global Fund to fight AIDS, tuberculosis (TB) and malaria in a contribution, it says, demonstrates the company’s strong commitment to the role public-private partnerships can play in improving health around the world.

“The Global Fund selected us as their inaugural Corporate Champion in large measure because of our proven commitment to communities where we operate. Like The Global Fund, Chevron emphasizes the partnership model, which is fundamental to our community engagement approach. The Global Fund also values the community engagement programs we already have in place to tackle AIDS and malaria, especially our global HIV/AIDS policy, which was recognized by the Global Business Coalition with a Business Excellence in the Workplace Award,” said Chevron Chairman Dave O'Reilly.

This $30 million contribution will be invested over a three-year period and directed to Global Fund-supported programmes in Angola, Indonesia, Nigeria, Philippines, South Africa and Thailand – countries where Chevron has significant operations.

 

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