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ExxonMobil renews commitment to womens economic empowerment

March 12/2018

MOSCOW (MRC)--In recognition of International Womens Day, ExxonMobil announced that it is providing USD7 million in grants in 2018 to renew support for local and global organizations working to empower women economically.

Grants made this year will continue ExxonMobils longstanding support for efforts to increase research into new methods to advance women economically, assist women, entrepreneurs, to grow their businesses, bolster womens financial literacy and ability to invest and save, and improve the productivity of women farmers.

"We invest in programs that are proven to provide women with the skills, training and support systems needed to increase their productivity and income, said Kevin Murphy, president of the ExxonMobil Foundation. We know from comprehensive research that when women move forward, the world moves with them."

ExxonMobil has invested a total of USD120 million in its Womens Economic Opportunity Initiative since it began in 2015, supporting dozens of initiatives that have benefitted tens of thousands of women in more than 90 countries.

One of this years investments will culminate in a new initiative, She Counts, which will be launched at the Council on Foreign Relations on March 22. She Counts will work with financial service providers to help women save securely, invest in their business and transform their lives. Since 2015, ExxonMobil has worked with partners like Womens World Banking, the Center for Global Development, Technoserve, Mercy Corps, the World Bank and other financial institutions to establish a new platform to put savings and financial tools in the hands of women, enabling them to plan for a more prosperous future.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Crude oil, Exxon Mobil.
Category:General News
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