Dow pledge to Habitat for Humanity

TUESDAY, MARCH 13, 2012
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The Dow Chemical Company has announced a two-year commitment for financial and product contributions to help Habitat for Humanity create safe, affordable housing in partnership with low-income families around the globe.

 


As part of its commitment, Dow has pledged nearly US$1.5 million (Bt45 million) to help fund 26 Habitat builds and other key projects around the world in 2012. Additionally, Dow anticipates gift-in-kind contributions of “Styrofoam” brand insulation products worth more than $4 million, which represents the first half of a two-year product commitment.
For Thailand, Dow has allocated $26,700 (about Bt800,000) to build four new houses for low-income families in Map Ta Phut and Ban Change District in Rayong where the company has its operations. Dow in Thailand plans to implement the project in the fourth quarter of this year.
“Dow and Habitat are like-minded in our passion for providing safe, affordable housing to families all over the world,” said Bo Miller, global director for Corporate Citizenship at Dow. “We could not think of a better way to put our skills, our products and our contributions to work. We see this holistic approach as the most effective way to engage as a corporate citizen in everything we do and we are proud to continue to join hands with Habitat in its mission.”

“Faithful support from terrific partners like Dow enables us not only to serve more families, but to increase our impact in communities around the world,” said Jonathan Reckford, CEO of Habitat for Humanity International. “Dow has been a trendsetter in helping us further our mission, and we are grateful for their financial and product support, for the employees who give of their time and talents on Habitat projects and for their voice that encourages others to work for adequate housing for all.”
 The announcement takes place on International Corporate Philanthropy day, an international advocacy day intended to build awareness of corporate-community partnerships and to inspire businesses around the world to engage further.
 The renewed agreement between Dow and Habitat brings the company’s aggregate Habitat contribution to nearly $14 million in funding and almost $30 million in gift-in-kind support over the span of their collaboration, with thousands of Dow volunteers helping families around the world realize their dreams of homeownership. In addition to widespread volunteer support, Dow also works with Habitat by providing personnel who serve as subject matter experts in energy efficiency and conservation in the construction of homes and by serving as Habitat affiliate board members.