normal_post - Coca-Cola Japan Reconstruction Fund - Asia | Middle East Author Topic: Coca-Cola Japan Reconstruction Fund  (Read 378 times)

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Coca-Cola Japan Reconstruction Fund
« on: July 21, 2011, 02:58:24 AM »
The Coca-Cola Japan Reconstruction Fund has decided to contribute 1.5 billion yen to the rebuilding of public elementary and junior high schools, with the funds being extracted from the 2.5 billion yen collected for reconstruction of the affected areas in the Great East Japan Earthquake. With an eye towards expanding renewable energy in Japan, the Fund supports cleaner energy in the reconstruction of the affected schools by providing funding for the solar panel installation, an operation also promoted by the Ministry of Education, Culture, Sports, Science and Technology. By installing new solar panels during the reconstruction work at the public schools in the regions affected by the Earthquake, the Fund hopes to support the future of the children in the disaster regions through providing a teaching tool on clean energy that can educate about the environment. Details such as the soliciting of eligible schools and timing for the contributions will be examined in consultation with the Ministry, local governments, and other organizational bodies.

The Coca-Cola Japan Reconstruction Fund was established under the Coca-Cola Educational & Environmental Foundation by The Coca-Cola Company (headquarters: Atlanta, Georgia; Chairman and Chief Executive Officer: Muhtar Kent), the parent company of Coca-Cola (Japan) Co., Ltd. (head office: Shibuya-ku, Tokyo; representative director and president: Daniel H. Sayre). The aim of the Fund is to assist in the reconstruction of the disaster areas suffering from the effects of the Great East Japan Earthquake. In accordance with the principles for activities of the Coca-Cola Educational & Environmental Foundation, the funds will be put to use mainly in the construction of educational and other public facilities needed for rebuilding the lives of children affected by the disaster. This contribution will be the first specific proposed aid of the Fund. - source: PNA

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