|
Corporate Social Responsibility
News
8.31.2005 ET
|
CSR News from:
|
|
|
News Category:
|
|
BP Foundation Contributes $1 Million to Hurricane Katrina Relief Effort
(CSRwire) HOUSTON - In response to the devastating effects of
Hurricane Katrina on communities in Alabama, Louisiana, and Mississippi,
BP announced that the BP Foundation has donated $1 million to the Red
Cross and will also match the contributions of BP employees to the
disaster relief
effort.
The BP Foundation donation will be dedicated as follows:
$500,000 for Louisiana
$250,000 for Mississippi
$100,000 for Alabama
$150,000 at the discretion of the Red Cross
BP will also conduct an employee appeal inviting BP employees in the
US to assist the Red Cross in responding to Hurricane Katrina. The BP
Foundation will match employee contributions on a one-to-one basis.
BP is an international company involved in the exploration and
production of crude oil and natural gas; refining, marketing, supply and
transportation of hydrocarbons; and manufacturing and marketing of
petrochemicals, and solar and gas-fired power generation. BP has
significant operations in the Gulf of Mexico and the affected states.
|
|
