[Ip-health] Global Fund to Fight AIDS, Tuberculosis and Malaria Launches Corporate Champions Program

[Joana Ramos]

News item form Philanthropy News Digest

http://foundationcenter.org/pnd/news/story.jhtml?id=3D202100018

Posted on January 29, 2008


    Global Fund to Fight AIDS, Tuberculosis and Malaria Launches
    Corporate Champions Program

The Geneva-based Global Fund to Fight AIDS, Tuberculosis, and Malaria
<http://www.theglobalfund.org/en/> has announced the launch of the
Global Fund Corporate Champions program to encourage multinational
corporations to step up their investments in the fight against the three
diseases.

Each "champion," as corporate partners in the effort are called, must
make a substantial commitment to global health through a financial
contribution to Global Fund-supported programs in countries where the
company operates, thereby significantly expanding its own workplace and
community projects and investing in high-quality, rigorously monitored,
and results-focused health programs. California-based Chevron
<http://www.chevron.com/>, the inaugural Corporate Champion, will invest
$30 million over three years in Global Fund-supported programs in parts
of Asia and Africa. Chevron was selected as the first partner because of
its successful community-engagement programs to combat AIDS and malaria
and its award-winning HIV/AIDS workplace programs.

In addition to awarding financial contributions, corporate partners will
leverage their staff and other assets to improve the effectiveness and
reach of the programs they support, and must also demonstrate a
long-term commitment to the fight against the diseases.

"Global companies with large, long-term investments in developing
countries understand that fighting disease is a necessary part of their
strategic investments," said Global Fund board chair Rajat Gupta. "The
Global Fund Corporate Champion program provides the opportunity for
these companies to make significant, effective, results-driven
investments in national health programs=85.[Chevron's] long-standing
dedication to combating HIV/AIDS, combined with its needs-based
partnership approach to community engagement, makes [it] an ideal first
Corporate Champion."

/=93The Global Fund to Fight AIDS, Tuberculosis and Malaria Launches
Corporate Champions Program.=94
<http://www.theglobalfund.org/en/media_center/press/pr_080121.asp>
Global Fund to Fight AIDS, Tuberculosis and Malaria Press Release 1/21/08.
/

/
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Joana Ramos, MSW
Cancer Resources & Advocacy
Seattle WA USA
+1-206-229-2420
http://ramoslink.info/
www.bmtbasics.org