Invesco Pledges $1M for COVID-19 Response
Wednesday, May 6th, 2020
Invesco Ltd. (NYSE: IVZ), the global independent investment management firm, announced that it has committed $1 million in support of COVID-19 relief efforts globally across the communities in which the firm operates.
“During this unprecedented global crisis, I am pleased to announce that Invesco is making donations totalling more than $1 million in support of various COVID-19 relief organizations and efforts across the globe,” said Martin L. Flanagan, President and CEO of Invesco. “This donation complements the meaningful contributions employees have made to local relief efforts over the past several months. We will continue to support local organizations and empower employees to give back.”
Invesco’s COVID-19 commitment includes:
$100,000 to the WHO COVID-19 Relief Fund
$700,000 to local charities in the communities where the firm operates – including the Greater Atlanta COVID-19 Response and Recovery Fund – directly and through Invesco Cares
$250,000 in employee match contributions for charities supporting COVID-19 relief efforts
Unlimited volunteer days for any employee with medical training to assist with COVID-19 relief
Increased paid days off for employees to volunteer for COVID-19 relief efforts
In addition, a number of Invesco’s employee teams and locations have supported COVID-19 relief efforts, donating urgently needed medical supplies, including masks, to local hospitals and first responders across the globe; providing donations to a number of charitable organizations working toward a cure or helping people in need; and holding fund drives to provide money, food and essential items to our communities.
“We want to help our employees, clients and communities focus on staying healthy and safe,” said Flanagan. “The recovery from this global crisis will be a challenging process and we continue to encourage and support our employees as they assist with COVID-19 efforts.”