The dramatic spread of COVID-19 has disrupted lives, livelihoods, communities and businesses worldwide. Some of the Big Companies come forward to donate with the coronavirus crisis.
Organizations around the world, including the Forum and its partners. So are coming together and finding innovative ways to minimize the impact on public health and to limit disruptions to economies and supply chains.
Here are just some ways Big Companies donate, Forum partners, corporations and other organizations globally are finding new ways to tackle the pandemic.
Some of the big Companies donate in response to coronavirus crisis:-
Google Donates $800 Million to help with the coronavirus crisis
Amid rising concerns over Coronavirus outbreak around the world. So the tech giant Google has pledged to donate more than $800 million as part of its coronavirus response.
According to the sources, most of the donations will be made in the form of free advertising. The tech company says it is giving the World Health Organization and global government agencies $250 million in ad grants to share information on how to battle the spread of the virus. At the same time, it’s also allowing ad credits to small and medium-sized businesses. These credits can be used at any point until the end of the year.
Meanwhile, Google big companies donate $20 million is being allocated in Google Cloud credits for researchers and academic institutions who are studying vaccines, therapies, and other data to help contain the spread of COVID-19.
We’re committing $800M+ in new #COVID19 response efforts, incl $340M in @GoogleAds credits for SMBs worldwide, $250M in ad grants for @WHO & 100+ govt orgs globally, a $200M investment fund for NGOs & banks to help small businesses access capital, and more https://t.co/oVj6MMs9Bl
— Sundar Pichai (@sundarpichai) March 27, 2020
“We’re committing $800M+ in new #COVID19 response efforts, incl $340M in
@GoogleAds credits for SMBs worldwide, $250M in ad grants for @WHO & 100+ govt orgs globally, a $200M investment fund for NGOs & banks to help small businesses access capital, and more.” Sundar Pichai wrote in his tweet.
Challenged with low ad demands, Google largely sees this as an opportunity to help small businesses that have been hit hard by the pandemic, as well as NGOs on a mission to raise awareness on COVID-19 — while helping revenue flow through Google’s ad system in the long-term.
3 million masks
Along with free advertisement, Google states that it is working with one of its suppliers to produce up to 3 million masks in the coming weeks to donate to the Centers for Disease Control and Prevention.
Writing about the same in a blog post, CEO Sunday Pichai announced that the company is working with supplier Magid Glove & Safety to ramp up production of the masks in the coming weeks.
The post also had detailed information about the tremendous effort by Google to donate both cash and ads to help support small- and medium-sized businesses, health organizations, and academic institutions.
Tim Cook, Chief Executive Officer of Apple donating 10 million masks
Meanwhile, Tim Cook, Chief Executive Officer of Apple also has announced that the company is donating 10 million masks to the medical community in the United States, and millions more for the European regions hit hardest by the COVID-19 pandemic.
Proud to share we’ve been able to source 10M masks for the US and millions more for the hardest hit regions in Europe. Our ops teams are helping to find and purchase masks from our supply chain in coordination with governments around the world. pic.twitter.com/uTsA6eA5ks
— Tim Cook (@tim_cook) March 25, 2020
Novo Nordisk Foundation funds scientific, social and health outreach grants to mitigate the effects of coronavirus in Denmark.
The Novo Nordisk Foundation is funding DKK 50 million in grants for scientific, social and health outreach projects to manage the impact of COVID-19 in Denmark.
Ratan, Tata group pledge Rs 1,500cr in support of the fight against COVID-19 in India
Joining a number of India Inc leaders who are doing their bit in their own way. Ratan Tata has committed Rs 500 crore to procure protective equipment for frontline workers. Respiratory systems for treatment of increasing cases and testing kits in the fight against COVID-19.
In a tweet on March 28, Ratan Tata shared a post detailing how Tata Trusts and the group companies will help as India battles to contain the spread of COVID-19.
The COVID 19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time, Ratan Tata tweeted.
The funds donated, as per the Tweet, use for Personal Protective Equipment for the medical personnel on the frontlines. Respiratory systems for treating increasing cases, testing kits to increase per capita testing. So setting up modular treatment facilities for infected patients, knowledge management. And training of health workers and the general public, the company statement said.
The COVID 19 crisis is one of the toughest challenges we will face as a race. The Tata Trusts and the Tata group companies have in the past risen to the needs of the nation. At this moment, the need of the hour is greater than any other time. pic.twitter.com/y6jzHxUafM
— Ratan N. Tata (@RNTata2000) March 28, 2020
Ratan Tata’s announcement
Following Ratan Tata’s announcement, N. Chandrasekharan, chairman of Tata Sons announced an additional Rs 1,000 crore in support towards COVID-19 and related activities.
“We will work together with the Tata Trusts and our Chairman Emeritus Mr Tata and would be fully supporting their initiatives. And work in a collaborative manner to bring the full expertise of the group.
In addition to the initiatives articulated by Tata Trusts big companies donate. So we are also bringing in the ventilators necessary. But are gearing up to also manufacture the same soon in India,” he said in a statement.
He further added, “The country is facing an unprecedented situation and crisis. All of us would have to do whatever it takes to alleviate. And enhance the quality of lives of the communities we serve”.
Many business leaders including Mukesh Ambani and Anand Mahindra have also contributed in their own ways. In collaboration with the Brihanmumbai Municipal Corporation (BMC). The Sir HN Reliance Foundation Hospital has set up a dedicated 100-bed centre at Seven Hills Hospital, Mumbai, for patients who test positive for COVID-19.
RIL chairman Mukesh Ambani
RIL chairman Mukesh Ambani had also earlier announced that the company has set up isolation centres a hospital. And has donated Rs 5 crore to the Maharashtra government’s relief fund. Several FMCG companies such as ITC, HUL, RB. And Godrej has also pledged material and monetary aid to help the government.
Reliance Industries Limited is enhancing its production capacities to produce 100,000 face-masks per day. And a large number of personal protective equipment for the nation’s health-workers to equip them further to fight the coronavirus challenge.
On March 22, Mahindra and Mahindra big companies also donate offered the group’s hospitality arm. So as a medical care facility and said the group will work on how its manufacturing facilities can manufacture ventilators.