ExxonMobil Renews Longstanding Commitment to Women’s Economic Empowerment
08 Mars 2018 - 3:00PM
Business Wire
- $7 million to support research, women
entrepreneurs and savings program
- $120 million in grants since initiative
began in 2005
- Company procures approximately $350
million per year from women-owned businesses; named Corporation of
the Year by WEConnect International
In recognition of International Women’s Day, ExxonMobil
announced today that it is providing $7 million in grants in 2018
to renew support for local and global organizations working to
empower women economically.
Grants made this year will continue ExxonMobil’s longstanding
support for efforts to increase research into new methods to
advance women economically, assist women entrepreneurs to grow
their businesses, bolster women’s financial literacy and ability to
invest and save, and improve the productivity of women farmers.
“We invest in programs that are proven to provide women with the
skills, training and support systems needed to increase their
productivity and income,” said Kevin Murphy, president of the
ExxonMobil Foundation. “We know from comprehensive research that
when women move forward, the world moves with them.”
ExxonMobil has invested a total of $120 million in its Women’s
Economic Opportunity Initiative since it began in 2015, supporting
dozens of initiatives that have benefitted tens of thousands of
women in more than 90 countries.
One of this year’s investments will culminate in a new
initiative, She Counts, which will be launched at the Council on
Foreign Relations on March 22. She Counts will work with financial
service providers to help women save securely, invest in their
business and transform their lives. Since 2015, ExxonMobil has
worked with partners like Women’s World Banking, the Center for
Global Development, Technoserve, Mercy Corps, the World Bank and
other financial institutions to establish a new platform to put
savings and financial tools in the hands of women, enabling them to
plan for a more prosperous future.
ExxonMobil’s Women’s Economic Opportunity Initiative focuses on
data-based, proven interventions that help women become more fully
participatory in the economic life of their communities – and funds
initiatives that correspond with the findings of the
ExxonMobil-commissioned Roadmap for Promoting Women’s Economic
Empowerment.
ExxonMobil is also a founding member of the Global Business
Coalition for Women’s Economic Empowerment which harnesses the
power of the private sector in fostering systemic economic change
for women.
In addition to grant-making, ExxonMobil spends approximately
$350 million each year with women-owned businesses. WEConnect
International, an organization that identifies and certifies
women-owned businesses, has announced that it will honor ExxonMobil
with its 2018 Corporate Member of the Year award in early
April.
For more information about our 2018 partners, view our
partnership brochure.
About ExxonMobil
ExxonMobil, the largest publicly traded international energy
company, uses technology and innovation to help meet the world’s
growing energy needs. ExxonMobil holds an industry-leading
inventory of resources, is one of the largest refiners and
marketers of petroleum products, and its chemical company is one of
the largest in the world. For more information, visit
www.exxonmobil.com or follow us on Twitter
www.twitter.com/exxonmobil.
About the ExxonMobil
Foundation
The ExxonMobil Foundation is the primary philanthropic arm of
Exxon Mobil Corporation (NYSE:XOM) in the United States. The
foundation and corporation engage in a range of philanthropic
activities that advance education, promote women as catalysts for
economic development and combat malaria. In 2016, the ExxonMobil
Foundation together with Exxon Mobil Corporation, its divisions and
affiliates along with employees and retirees, provided $42 million
in contributions worldwide.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180308005629/en/
ExxonMobilMedia Relations, 972-940-6007
Exxon Mobil (NYSE:XOM)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024
Exxon Mobil (NYSE:XOM)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024