Deutsche Bank today announced it has pledged $100,000 towards recovery efforts in Queensland in response to the flood crisis. Deutsche Bank will also match dollar for dollar donations made by Australian and New Zealand employees to appeals which support victims of the floods.
Chum Darvall, Deutsche Bank Australia Chief Executive, said, “It’s clear that the scale of this disaster is unprecedented and our thoughts are with those people who have lost family members or whose lives have been irrevocably affected.
“As this crisis has developed, it has become increasingly evident that an enormous amount of assistance will be required to help Queensland recover and return hundreds of communities back to normality.”
Deutsche Bank will work with the appropriate organisations to determine the most suitable way for its support to be delivered and has pledged the funds to a sustainable recovery project which is yet to be identified.
Deutsche Bank Chairman Australia and New Zealand John Macfarlane said, "Many communities have been devastated. Some families have lost everything. We hope our contribution will help support those who have suffered loss from the floods as they rebuild their lives.
“In addition, we will also match donations up to $5,000 made by Australia and New Zealand employees to registered charities which have projects dedicated to flood relief in Queensland.”
Deutsche Bank has a long-standing tradition of supporting humanitarian relief efforts both in Australia and across its entire network. Its global disaster relief program responds with emergency funds and support from employees to provide immediate aid and long-term assistance.
Recent local examples include support for victims of the Victorian bushfires in 2009 which was committed in three phases – emergency relief funding; a partnership with the Museum of Contemporary Art which took an art workshop to children in Gippsland and a planned capital works program. In New Zealand, Deutsche Bank made a donation to the Christchurch Symphony Orchestra and Southern Opera which directly enabled a special education initiative in December 2010 introducing over 1,000 children in earthquake-affected Christchurch primary schools to the restorative power of music. Deutsche Bank Australia has also contributed to relief efforts in Pakistan, Haiti, Chile and in Asia following the Boxing Day tsunami.
More information about Deutsche Bank’s Corporate Social Responsibility initiatives around the world is available at https://www.db.com/responsibility.
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