DEERFIELD, Ill., May 6, 2021 / PRNewswire / – Caterpillar Inc. (NYSE: CAT) and the Caterpillar Foundation, the company’s philanthropic arm, today announced a series of targeted relief efforts to help countries grappling with significant increases in COVID-19 cases.
As part of the Caterpillar Foundation’s ongoing response to COVID-19 and its commitment to building stronger, more resilient communities, it works with partners and charities to provide the medical care needed and improve equitable access to vaccines.
“Serving communities in need around the world is part of the Caterpillar Foundation’s strategy and our company’s values,” said Caterpillar Chairman and CEO Jim Umpleby. “Through partnering with charities, the generosity of our staff and the foundation’s platform, we are helping fight the spread of COVID-19 and providing frontline workers with resources to act quickly and save lives.”
For now, India experiences the worst outbreak in the world; The unprecedented increase in COVID-19 cases has resulted in an overwhelmed health system and oxygen starvation across the country.
The Caterpillar Foundation gives $ 1 million help India The health system provides care to families and communities by funding medical devices such as oxygen concentrators and the optimization of oxygen systems, as well as critical medical care in identified hot-spot locations. In addition to the Foundation’s efforts, Caterpillar India is making an initial contribution from $ 1.4 millionThis enables an additional oxygen supply, donates beds with ventilation support to hospitals, supports vaccination campaigns and sets up emergency shelters. Cat® Independent Dealers also supply oxygen solutions to correct the deficiency.
Additionally in BrazilThe foundation donates $ 250,000 Assisting in coordinating with local partners in delivering essential medical and essential care services to hospitals and communities to combat the rise in new cases and more than 400,000 deaths.
The Caterpillar Foundation, through its partnership with the UN Foundation and the WHO Foundation, supports the COVAX initiative to promote equitable access to COVID-19 vaccinations with a $ 500,000 Gift. This partnership will help improve access to vaccines worldwide, including in India. It also aims to continue emergency relief and address vaccine hesitation – particularly in rural, black and Hispanic communities in The United States – The foundation invests $ 250,000 in support of the Ad Council and COVID-19 Vaccine Education Initiative by COVID Collaborative: “It’s up to you.” This effort represents one of the largest public education efforts in U.S. history, and is aimed at reaching several different audiences across the country, answering key questions, and giving Americans the information they need to make informed decisions for themselves and Vaccinations to meet their families about the COVID-19.
In 2020, the Caterpillar Foundation also made a donation $ 10 million Assisting the response efforts and assisting organizations directly affected by COVID-19.
With 2020 sales and sales of $ 41.7 billionCaterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. We have been driving sustainable progress since 1925 and helping customers build a better world through innovative products and services. During the entire product life cycle, we offer services based on the latest technology and decades of product expertise. These products and services, supported by our global dealer network, provide exceptional value in helping our customers succeed. We operate on every continent, mainly in three main segments – construction, raw materials, and energy and transportation – and offer financing and related services through our Financial Products segment. Visit us at Caterpillar.com or join the conversation on our social media at Caterpillar.com/social-media.
Via the Caterpillar Foundation
Caterpillar’s philanthropic organization, the Caterpillar Foundation, was founded in 1952 and has almost made a contribution $ 810 million Contribute to creating sustainable advances around the world by building resilient communities that thrive in a rapidly changing world. To learn more about the global impact of the Caterpillar Foundation, visit Caterpillar.com/foundation. Visit Caterpillar.com/social-media to connect with us on social media.
SOURCE Caterpillar Inc.