3M Establishes a Global Relief Fund to Help Communities Affected by Recent Natural Disasters
September 22 2017 - 11:00AM
Business Wire
Total support for disaster relief to exceed
$3.5 million
In the wake of an unprecedented level of natural disasters, 3M
is establishing a Global Relief Fund to strategically support
communities currently affected, and to position funds for future
relief efforts. The addition of this investment will bring 3M’s
total support for disaster relief to more than $3.5 million in cash
and product donations this fall.
Earlier this month, Hurricanes Harvey and Irma hit areas with 3M
operations in Texas and Florida. 3M reacted quickly with immediate
cash support and a program to match donations from 3M employees and
retirees. This week, Hurricane Maria impacted Puerto Rico, where 3M
has an office dedicated to sales, technical and marketing
operations. In addition, multiple earthquakes have devastated areas
in Mexico.
“Our hearts go out to those affected by the recent earthquakes
in Mexico and Hurricane Maria in Puerto Rico and surrounding
areas,” said Kim Price, president, 3M Foundation. “To better help
those in need, 3M is pledging an incremental $1 million in cash
support as part of a Global Relief Fund with critical NGO
partners.”
The investment will help provide relief for Latin America,
including the Mexico earthquake and Hurricane Maria through Direct
Relief, MAP International, and local Mexican and Puerto Rican
organizations in collaboration with 3M Mexico and 3M Puerto
Rico.
3M will also support American Red Cross for U.S.-based
emergencies, including additional support for Texas and Florida,
and new support for victims of wildfires in the Pacific Northwest.
Ongoing relief and recovery from this year’s natural disasters
globally will be supported through GlobalGiving.
About 3MAt 3M, we apply science in
collaborative ways to improve lives daily. With $30
billion in sales, our 90,000 employees connect with customers
all around the world. Learn more about 3M’s creative solutions to
the world’s problems at www.3M.com or on Twitter
@3M or @3MNews.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170922005431/en/
3MDonna Fleming Runyon, 651-736-7646
3M (NYSE:MMM)
Historical Stock Chart
From Mar 2024 to Apr 2024
3M (NYSE:MMM)
Historical Stock Chart
From Apr 2023 to Apr 2024