Borealis donates AED 1.5 million to UAE charities
At today’s meeting in Abu Dhabi, UAE, the Supervisory Board of Borealis, a leading provider of chemical and innovative plastics solutions, approved a donation of AED 1.5 million (EUR 300,000) from its Social Fund to the Emirates Foundation, the Red Crescent, and other selected charities in the UAE. Established in 2008, the Borealis Social Fund was set-up to be able to provide funds for social projects with a focus on the Middle East and Europe.
“Borealis is pleased to support organisations that contribute to the welfare and enhancement of the communities where it operates,” says His Excellency, Khadem Al Qubaisi, Chairman of Borealis’ Supervisory Board and Managing Director of IPIC (Abu Dhabi based International Petroleum Investment Company). “As IPIC continues to invest abroad, it encourages its expanding group of international companies, such as Borealis, to invest in and support the advancement and growth of the UAE and its people. With the Emirates Foundation and the Red Crescent, Borealis is partnering with two renowned organisations which have supported social improvements in the UAE for many years.”
“’Responsible’ is one of our core values and we see it as part of our commitment as a successful company to fulfil the responsibility we have to society,” says Borealis Chief Executive Mark Garrett. ”We do this not only with our innovative plastics solutions and Water for the World™ programme, but also by supporting organisations and projects that make a difference to society. With our donation to these local organisations we can make a difference to the UAE community.”
Dr Peter Cleaves, CEO of the Emirates Foundation for Philanthropy, said: “We are most appreciative of the generous support offered by Borealis. This donation will be applied to important upcoming community projects”.
H.E. Mohammed Ibrahim Al Hammadi, Acting Secretary General of the Red Crescent Authority, said: “We appreciate the initiatives of Borealis and the efforts of IPIC. We look forward to the continuity of their role and their influential impact in enhancing the projects and humanitarian efforts of the various charities, pointing to the value of the partnership and its contribution to achieving positive actions that benefit the target groups.”
For further information, please contact:
Kerstin Meckler, Director Communications,
Tel. +43 122 400 389
Craig Halgreen, Vice President Global Communications
Tel +971 2 6070 807