Exxon Mobil Corporation (ticker: XOM, exchange: New York Stock Exchange (.N))
News Release -
ExxonMobil Marks World Malaria Day with $1 Million Grant to the President's Malaria InitiativeIncreased Funding for USAID to Combat Malaria in Angola
IRVING, Texas--(BUSINESS WIRE)--Apr. 23, 2009--
In commemoration of World Malaria Day on April 25, ExxonMobil
announced today a donation of an additional $1 million to help USAID in
its ongoing efforts to fight malaria in Angola. The new funding brings
ExxonMobil’s commitment to organizations engaged in important community
and social development projects in Africa to more than $150 million,
which includes $55 million committed to programs to fight malaria
through the company’s Africa Health Initiative.
The grant will support the President’s
Malaria Initiative and will help train health-care workers in all
aspects of malaria prevention and treatment, with a particular focus on
the most vulnerable groups – pregnant women and young children. Since
the initiation of the President’s Malaria Initiative in 2005 ExxonMobil
has contributed $4 million to support its activities in Angola.
“World Malaria Day provides an opportunity to increase awareness and
direct engagement in fighting the devastating consequences of this
preventable disease,” said Rex W. Tillerson, chairman and chief
executive officer of ExxonMobil. “I am very pleased that we have been
able to mark this day by announcing our increased funding commitment for
the President’s Malaria Initiative, which is a critical program in
helping to reduce the toll of malaria.
“At ExxonMobil we know first hand the devastating impact that malaria is
having in Africa, which suffers over 90 percent of global malaria cases
and where it is the number one killer of young children. That is why we
are committed to the fight and doing everything from helping to develop
new drugs to distributing insecticide-treated nets to places where they
are desperately needed.
“Despite the more difficult economic environment it is important that
business takes a long term view with its community investments. With
malaria in focus this week, we hope others will join us in supporting
the Malaria Capital Campaign, which aims to raise $100 million to
continue the fight against malaria. ExxonMobil has committed $10 million
to help start the campaign.”
As a part of ExxonMobil’s ongoing goal to raise awareness about malaria
with policy makers, employees will participate in important malaria
dialogues in the US and Europe to improve understanding of the disease
and find solutions on how to prevent and ultimately end deaths from
malaria. ExxonMobil’s Medical Director for Global Health Issues, Dr.
Steven Phillips, will address the One World Against Malaria Summit in
Washington D.C. tomorrow.
Dr. Phillips will discuss some of the important international
initiatives being developed to address malaria including an
unprecedented malaria elimination effort in southern Africa. The Malaria
Elimination Strategy, which seeks to expand cross border health
initiatives between southern African countries to help fight malaria, is
being pursued by the Global
Health Group at the University of California San Francisco with
support and funding from a $3.5 million grant from ExxonMobil.
As part of the World Malaria Day commemoration, ExxonMobil has also
launched a new malaria
web site, which contains information about the company’s efforts to
stop malaria, as well as global experts talking about the role business
can play in combating the disease. In addition ExxonMobil has launched a
global advertising campaign to highlight the problem and some of the
solutions we have put in place today.
Malaria is a life-threatening disease caused by a parasite and
transmitted to humans by the bite of a mosquito. With between 1 million
and 3 million deaths annually and 3,000 children deaths daily, it
remains one of the globe's leading infectious killers. The majority of
its victims are children under the age of five and pregnant women.
ExxonMobil and Malaria
Mobil Corporation (NYSE:XOM) and ExxonMobil
Foundation engage in a range of philanthropic activities that
advance education, health and science in the communities where
ExxonMobil has significant operations. Globally, ExxonMobil provides
funding to improve basic education and combat malaria and other
infectious diseases in developing countries. ExxonMobil is the largest
non-pharmaceutical corporate donor to malaria research and development
efforts and since 2000 has committed $150 million to Africa community
outreach programs, including $55 million on programs to fight malaria.
The company established its Africa Health Initiative in 2000 in support
of the Abuja Declaration on Roll Back Malaria in Africa and its goal to
halve malaria deaths by 2010. Since then, ExxonMobil has developed
on-the-ground public-private partnerships to fight malaria at the
community level, progress treatment and vaccine research and raise
awareness and international support, and contributes to anti-malaria
efforts in more than 20 African countries.
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Source: Exxon Mobil Corporation
Rob Young, 972-444-1108