Submitted by Avon Products, Inc.
Avon Products, Inc. (NYSE: AVP) today announced that it has committed $1 million to support relief efforts in Haiti in response to the devastating earthquake in that country. The company said that the money will be donated through the Avon Foundation for Women, and will be distributed to the American Red Cross and Doctors Without Borders, two organizations that are deeply involved in efforts to aid victims of the January 12 earthquake.
The company said that the Foundation plans to distribute the $1 million as follows:
Andrea Jung, Avon's chairman and chief executive officer, said: "We are deeply saddened by the devastation caused to our neighbors in Haiti by the recent earthquake. Disaster relief has long been a critical component of Avon's philanthropy. I believe it is our responsibility as a global corporate citizen to lend our support to the relief efforts aiding the people of Haiti."
In addition, the company said that its North America business is planning to launch other initiatives to further assist the victims of the earthquake, including donations from product sales.
Avon, the company for women, is a leading global beauty company, with over $10 billion in annual revenue. As the world's largest direct seller, Avon markets to women in more than 100 countries through approximately 6 million independent Avon Sales Representatives. Avon's product line includes beauty products, as well as fashion and home products, and features such well-recognized brand names as Avon Color, Anew, Skin-So-Soft, Advance Techniques, Avon Naturals, and Mark. Learn more about Avon and its products at www.avoncompany.com.
Avon Products, Inc. recognized the beauty of "corporate responsibility" nearly a century before the term became part of the cultural lexicon. From the very beginning, in 1886, forward-thinking Avon founder David H. McConnell committed his company "to meet fully the obligations of corporate citizenship by contributing to the well-being of society and the environment in which it functions" - words that still guide the company more than 125 years later.
Avon is committed to the mission to "do well by doing good," managing its business enterprise to the highest standards while leveraging its unique capacity to mobilize and engage people to be agents of change in their lives, communities and the world.
Avon's Corporate Responsibility reflects the three pillars of Avon's corporate mission and drives the focus of the company's corporate responsibility efforts and achievements:
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