Standard Chartered has today announced further details on how the Bank is providing both short-term relief, and longer-term assistance, to communities across its European and American markets via the Bank’s recently launched USD 50 million Covid-19 global charitable fund.
USD 2.5 million has been allocated to 45 local charities in 16 markets across the region, with USD 300,000 set aside for employees to nominate worthy causes as the forefront of the relief efforts to receive a share across Europe and America.
This approach has enabled the Bank to get money out quickly where it is needed most in the countries we operate in.
In Ireland, the Bank has donated around USD 100,000 to a direct Personal Protective Equipment (PPE) procurement initiative organised by industry body Aircraft Leasing Ireland (ALI) for the Irish Health Service, ALONE, who support the elderly, and AWARE, a mental health charity. An additional USD 50,000 has also been shared between the Irish Society for the Prevention of Cruelty to Children (ISPCC) and the Irish Cancer Society to support their Covid-19 response work.
Kieran Corr, CEO, Ireland, Standard Chartered Bank, says: “We are committed to supporting not only our clients, but also the communities within which we live. It is at the heart of our promise to be Here for Good. We are very proud to make this donation and play our part in the fight against coronavirus; we are all in this together.”
Commenting on the PPE donation, David Swan, Chair of Aircraft Leasing Ireland, says: “I am very proud of how the leasing community and companies like Standard Chartered, through ALI, have stepped up and responded to this crisis by supporting healthcare workers and charity partners alike. As a united industry, we have achieved much over the past number of weeks. We understand and act on our responsibility to give back to those that are most in need in our community and are proud to play our part.”
ISPCC Childline Chief Executive John Church, says: “Children’s lives have been changed completely over the past few months. Cut off from extended family, friends and other supports, they have needed Childline more than ever. We need to continue to be here for them 24 hours a day, every day, but this is only possible with donations.
“We are hugely grateful to Standard Chartered Bank for its generous support of the Childline service at this critical time. This support will help to ensure that every child and young person in Ireland will always have somewhere they can turn – no matter what might be on their mind.”