Accenture Grants Save the Children an Additional US$1.8M to Provide Young Adults in Egypt, Indonesia and the Philippines with Business Skills
Award is part of Accentures global corporate citizenship initiative, Skills to Succeed
MANILA, Philippines--(BUSINESS WIRE)-- Accenture (ACN) and Save the Children today announced Accenture and the Accenture Foundations have awarded Save the Children an additional grant of US$1.8 million to help the organization provide approximately 7,000 disadvantaged and at-risk young people including nearly 5,000 young women in Egypt, Indonesia and the Philippines with business skills that strengthen employment opportunities. The grant brings Accentures direct support to Save the Children to more than US$2.5 million since 2010.
The award reflects Accentures global corporate citizenship initiative, Skills to Succeed, which will equip 250,000 people around the world by 2015 with the skills to get a job or build a business. The two year grant will help Save the Children deliver market-relevant education, mentoring relationships, internships and apprenticeships that assist young people in finding a job or building a business.
Supporting Save the Children helps exemplify Accentures commitment to building skills and improving the communities in which we live and work, said Jill Huntley, senior director of corporate citizenship at Accenture. Save the Children is proving its possible to create positive change and a lasting impact on the economic well-being of individuals by connecting them with organizations, programs and skills that can help them succeed.
The grant which will build on the successes and lessons from Save the Childrens ongoing Skills to Succeed projects in China, Bangladesh and Bosnia will also fund an assessment of job market conditions and needs, help establish strong connections with prospective employers and provide advocacy for long-term change in governmental policies and programs.
We selected Egypt, Indonesia and the Philippines based on our strong youth programs in each nation and our relationships with people in government and civil society who are committed to developing the skills of unemployed young people and helping them advance, said Carolyn Miles, president and CEO of Save the Children. By engaging Accenture employees in our work, we can better identify country-specific job market needs and address them to help lift youth out of poverty.
Accenture is a global management consulting, technology services and outsourcing company, with 257,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. Through its Skills to Succeed corporate citizenship focus, Accenture is committed to equipping 250,000 people around the world by 2015 with the skills to get a job or build a business. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.
About Save the Children
Save the Children is the leading independent organization for children in need, with programs in more than 120 countries, including the United States. We aim to inspire breakthroughs in the way the world treats children, and to achieve immediate and lasting change in their lives by improving their health, education and economic opportunities. In times of acute crisis, we mobilize rapid assistance to help children recover from the effects of war, conflict and natural disasters. Follow us on Twitter and Facebook.
Arnie T. Alcazar, + 632 7029835
+ 63 928 5058327 (mobile)
Caitlin Storhaug, + 415-537-5458
Save the Children
Eileen Burke, + 203-221-4233
+ 203-216-0718 (mobile)
Source: AccentureCopyright Business Wire 2012