HCMC – The managing board of Siemens AG, a global powerhouse in industrial production, energy and healthcare and for infrastructure solutions, has decided to set up a Covid-19 aid fund to help relieve difficulties caused by the coronavirus pandemic and assist efforts to combat the disease.
Under the auspices of community-serving nonprofit organization Siemens Caring Hands e.V. (Caring Hands), this fund will provide support to relief organizations and medical facilities as well as to individuals affected by the unprecedented global public health crisis.
All Siemens AG employees worldwide can now make monetary donations to Caring Hands by specifying “COVID-19” as the purpose of the gift. Siemens AG will match every euro donated to Caring Hands. In accordance with its articles of association, the charity will then channel the funds to those who need them most.
Joe Kaeser, president and CEO of Siemens AG, noted that Covid-19 is a challenge that the world as a whole has never seen before in peacetime.
“Many people have helped make us the strong, successful company we are today. And now, we want to help those who are doing excellent work, day in and day out, in serving the sick and needy during this time of crisis. That’s why I’m calling on our management and employees worldwide to donate generously. Every euro counts. I want to start things off by personally contributing one million euros,” he added.
As a nonprofit organization, Caring Hands will use the donations to support coordinated projects and aid programs and to buy urgently needed products. The goal is to deliver aid rapidly, without red tape, to people affected by the coronavirus pandemic. The board of Caring Hands will manage the distribution of the aid.