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Corporate Social Responsibility
News
9.01.2005 ET
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CSR News from:
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The Walt Disney Company Commits $2.5 Million for Hurricane Katrina Relief and Rebuilding Efforts
(CSRwire) BURBANK, Calif., August 31, 2005 - The Walt Disney Company announced
today that it will make a corporate contribution of $2.5 million to the
relief and rebuilding efforts for victims of Hurricane Katrina. One
million dollars will be donated to the American Red Cross for immediate
relief efforts, one million dollars will be designated for rebuilding
efforts targeted at children's charities, and the remaining $500,000 will
be directed towards volunteer centers providing services to the
communities affected by the hurricane.
"The devastation in the wake of Hurricane Katrina is simply heartbreaking
and our thoughts are with those struggling in the aftermath of this
disaster," said Michael Eisner, CEO, and Bob Iger, president, COO and
CEO-elect of The Walt Disney Company. We hope that our donation will aid
emergency management teams and organizations in their efforts to provide
assistance to those impacted."
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