Atlanta, September 24, 2009
Focus On Better Linkage of Relief Efforts, More Effective Supply Chain Management
UPS (NYSE:UPS) today announced a multi-year, multi-million-dollar initiative to improve the capabilities of relief organizations to respond to global emergencies.
The effort, which will involve both UPS and The UPS Foundation, begins with a commitment of up to $9 million over the next two years in the form of substantial financial grants, in-kind services and the deployment of logistics expertise. The commitment will support some of the world's most respected relief organizations, including the American Red Cross, UNICEF, the World Food Programme, CARE and the Aidmatrix Foundation.
"This broad strategy for global disaster preparedness and response extends well beyond traditional financial support," said Ken Sternad, president of The UPS Foundation. "We are combining our supply chain expertise, our assets and linking our key partners to enable more effective response to global emergencies."
Hundreds of millions of lives are affected daily by natural disasters and humanitarian emergencies. According to UNICEF, in the last decade an estimated 20 million children have been forced to flee their homes and more than 1 million have been orphaned or separated from their families as a result of these tragedies. "If UPS can impact even a small percentage of these disasters that are happening daily somewhere around the world, this initiative will have been a success," added Sternad.
UPS and The UPS Foundation announced the multi-faceted strategy at the Clinton Global Initiative's (CGI) 2009 Annual Meeting today, where the company was recognized for its CGI "Commitment to Action."
In launching the initiative, UPS and The UPS Foundation announced major donations to organizations committed to disaster preparedness and relief. They include: