Amundi and its employees donate U$20,000 in support of COVID-19 relief efforts in Southeast Asia

Amundi and its employees donate U$20,000 in support of COVID-19 relief efforts in Southeast Asia

• Contributions to go toward Red Cross and Red Crescent in Singapore, Malaysia and Thailand – in countries where Amundi operates.
• The move is part of a global, firm-wide initiative to boost fundraising for vital outreach efforts.

Singapore, 28 May 2020 – The largest European asset manager Amundi announces the firm and its employees are contributing over U$20,000 to the Red Cross in Singapore and Thailand, and Red Crescent in Malaysia. The firm stands in solidarity with efforts to combat the novel coronavirus (COVID-19) and support vulnerable individuals and groups worst affected by the disease.

The donation is a combination of a corporate contribution as well as an employee dollar-for-dollar fundraising effort across Southeast Asia. The employee fundraiser and partnership with Red Cross is part of a global initiative by Amundi to support communities in participating countries.

The donation will go towards supporting and providing relief to vulnerable individuals and groups in Singapore, Malaysia and Thailand, including low-income families, workers facing loss of income, seniors living in isolation and individuals under quarantine during the COVID-19 outbreak.

The Red Cross and Red Crescent societies will channel funds raised towards the production and distribution of medical supplies such as face masks, hand sanitisers, ventilators and respirators. They will also provide customised care packages and relief kits, interim shopping vouchers and services such as psychological support to those in need.

Download the full press release here