Monday, January 10, 2005

Do companies give enough to charity? - General News - General

Do companies give enough to charity? - General News - General: "Do firms give enough to charity?
Tsunami tragedy puts spotlight on corporate giving
By Alistair Barr, CBS MarketWatch
Last Update: 10:10 PM ET Jan. 7, 2005
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SAN FRANCISCO (CBS.MW) -- The world's largest companies have responded quickly to help Asia recover from the tsunami that devastated parts of Indonesia, Sri Lanka and other countries.

The Center for Corporate Citizenship, part of the U.S. Chamber of Commerce, estimates that companies have so far given $188 million in cash, products and other support. Pfizer Inc. (PFE: news, chart, profile), Exxon Mobil (XOM: news, chart, profile) and Coca-Cola (KO: news, chart, profile) pledged $50 million alone.
These figures pale in comparison to the profit generated by "


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