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Corporate Social Responsibility
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3.10.2008 - 09:19am ET
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Baxter and Its Foundation Contribute Nearly $53 Million in 2007 to Address Critical Needs Locally and Globally
(CSRwire) DEERFIELD, Ill., March 10 /PRNewswire/ -- Baxter International Inc. and The
Baxter International Foundation, the philanthropic arm of Baxter, today
announced their combined 2007 charitable giving, which focused on
increasing access to healthcare, helping developing nations and countries
in crisis, and addressing other critical community needs. In 2007,
combined giving from the company and its foundation totaled nearly $53
million, comprising:
-- $31.1 million from donations of Baxter products to developing
nations gand countries in crisis;
-- $18.4 million from Baxter's businesses and facilities to address
critical local needs in 36 countries; and
-- $3.1 million from The Baxter International Foundation, including $1.9
million in worldwide grants paid, and more than $696,061 from the
foundation's Dollars for Doers and Matching Gifts programs in support of
employees' philanthropic efforts.
"As a global healthcare company we address some of the world's key
sustainability challenges every day," said Robert L. Parkinson, Jr.,
Baxter's chairman and chief executive officer. "Increasing access to
healthcare is one of our sustainability priorities. Continuing to meet
critical community needs through grants that advance public health,
enhanced employee wellness programs and product donations to countries in
crisis are strong reflections of our continued commitment to this goal."
Product Donations Help Countries Worldwide
Baxter donated $31.1 million in vital medical products to 53 countries
in 2007. Beginning in 2007, Baxter included patient assistance program
donations in its overall product donation totals to align with
comprehensive reporting and benchmarking data.
The majority of product donations were distributed through the
international disaster relief and humanitarian aid organization AmeriCares
as well as through the non-profit, non-sectarian humanitarian assistance
organization Direct Relief International. For example, Baxter's
partnership with AmeriCares helped to provide product support and
emergency aid after an earthquake devastated the central coast of Peru and
a cholera outbreak affected northern Iraq. Also through AmeriCares, Baxter
helped support a summer camp in Bazna, Romania, where children with
hemophilia learn to manage their disease. Baxter's partnership with
Direct Relief helped the organization to assist with the ongoing
restructuring of the healthcare system in South Sudan and provide medical
aid to thousands of individuals vulnerable to the Dengue Fever and
pneumonia epidemics in El Salvador.
Foundation Grants Aim to Improve Healthcare Worldwide
In 2007, The Baxter International Foundation supported 68
organizations in 18 countries. Through its grant program, the foundation
funds initiatives that improve global access to quality and cost-effective
healthcare. Specifically, grants awarded in 2007 will help promote health
education to children, provide mental health and medical services to the
homeless, expand therapy to children in families experiencing domestic
violence, and improve access to healthcare for children, the uninsured and
the elderly.
Some of the organizations that received grants in 2007 from the
foundation include:
-- Aldeas Infantiles SOS De Espana to add two psychologists to provide
family therapy for at-risk children and their families in Madrid Spain.
-- Chicago Housing for Health Partnership, a collaborative pilot
project administered by the AIDS Foundation of Chicago, to improve access
to healthcare for homeless individuals who are frequent users of the Cook
County hospital. The first of its kind in the nation, the project will
help homeless people with HIV, cancer, diabetes, and other chronic health
conditions improve their health and achieve housing stability.
-- Con Nosotros to increase physical rehabilitation services to
children with cerebral palsy and other neuromuscular disabilities in
Cuernavaca, Mexico.
-- ORBIS International to extend eye care services to rural areas by
establishing eye care stations, increasing public awareness of eye health
issues and the importance of caring for the eyes, and introducing a
multi-tiered pricing system to ensure that services are affordable to
everyone in counties and villages throughout the Guangxi Province in
China.
A full listing of The Baxter International Foundation grants awarded in
2007 can be found at www.baxter.com/grants.
About Baxter
The Baxter International Foundation, the philanthropic arm of Baxter
International Inc., helps organizations expand access to healthcare in the
United States and around the world. The foundation, established in 1981,
began to focus exclusively on increasing access to healthcare in 2002 --
particularly for the disadvantaged and underserved -- in communities where
Baxter employees live and work. To learn more about the foundation, please
visit www.baxter.com/about_baxter/foundation.
Beyond its charitable giving, Baxter's commitment to advancing
environmental stewardship and social responsibility spans three decades.
The company has been recognized by Innovest Strategic Value Advisors as
one of the Global 100 Most Sustainable Corporations in the World and by
Corporate Responsibility Officer magazine as one of the 100 Best Corporate
Citizens in the United States. Baxter is a member of the Center for
Corporate Citizenship at Boston College, the Business Environmental
Leadership Council of the Pew Center on Global Climate Exchange, the
Chicago Climate Exchange, the U.S. EPA's Climate Leaders, the Ethics &
Compliance Officer Association and Hospitals for a Healthy Environment.
Baxter endorses the Ceres principles and is an organizational stakeholder
of the Global Reporting Initiative. To learn more about Baxter's
sustainability initiatives, please visit www.baxter.com/sustainability.
Baxter International Inc. (NYSE: BAX), through its subsidiaries,
assists healthcare professionals and their patients with the treatment of
complex medical conditions, including hemophilia, immune disorders,
cancer, infectious diseases, kidney disease, trauma and other conditions.
The company applies its expertise in medical devices, pharmaceuticals and
biotechnology to make a meaningful difference in patients' lives.
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