Over half of FTSE 100 donate to South Asian floods appeal
The Times reports that more than half of the companies in the FTSE 100 have donated money or services to the South Asian emergency relief effort.
In-kind help offered includes Shell’s provision of free fuel to rescue operations in Thailand, Cairn Energy’s provision of an India-based helicopter, and Lloyds TSB’s waiving of transaction charges for people transferring money to affected areas.
Some companies such as Pearson and Legal & General are offering to match their employees’ donations to the emergency funds.
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Other companies including retailers J Sainsbury and Dixons report that they will carry out employee and in-store collections.
Some top companies including BAE Systems, Imperial Tobacco, Royal Bank of Scotland and HBOS have not yet decided how to provide support.