International Paper (NYSE: IP) has pledged $1 million to support disaster relief efforts in the communities impacted by Hurricane Harvey and Tropical Storm Harvey.
The International Paper Foundation will contribute $750,000 to the American Red Cross chapters in Texas and Louisiana, and will contribute $250,000 to Feeding America. International Paper has established strategic partnerships with these organizations to provide disaster relief in communities where IP employees live and work.
The company has already produced 100,000 boxes, which will be donated to the American Red Cross and Feeding America, who will use them to deliver food, water and other critical supplies to those in need. IP employs nearly 5,000 team members throughout the two states.
"Our hearts go out to the many families impacted by Hurricane Harvey," said Mark Sutton, Chairman and CEO, International Paper. "We know these communities are resilient and hope that our contributions help accelerate relief efforts and the distribution of essential goods."
International Paper mobilizes its people, products and resources to address critical needs in the communities where employees live and work. The company's community engagement efforts include financial contributions, employee volunteering and product donations focused on addressing four Signature Causes: Hunger, Education, Health & Wellness and Disaster Relief.
ABOUT INTERNATIONAL PAPER
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging, pulp and paper products with manufacturing operations in North America, Latin America, Europe, North Africa and Russia. We produce packaging products that protect and promote goods, and enable world-wide commerce; pulp for diapers, tissue and other personal hygiene products that promote health and Wellness; papers that facilitate education and communication; and paper bags, cups and food containers that provide convenience and portability. We are headquartered in Memphis, Tenn., and employ approximately 55,000 colleagues located in more than 24 countries. Net sales for 2016 were $21 billion. For more information about International Paper, our products and global citizenship efforts, please visit www.internationalpaper.com