SOURCE: International Paper Company
DESCRIPTION:
MEMPHIS, Tenn., March 11, 2022 /3BL Media/ – To support the significant and growing humanitarian needs prompted by the conflict in Ukraine, International Paper (NYSE: IP) is contributing $275,000 to both the Red Cross and Global Foodbanking Network. This brings the company’s total combined donations to these organizations to $550,000 in support of humanitarian relief efforts, specifically to help Ukraine refugees.
International Paper is also launching an employee match program. Through this program, the company will provide one-to-one matching funds for employee contributions to Red Cross and Global Foodbanking Network Ukraine Relief efforts, up to $250,000. Finally, the company is also supporting local relief efforts in the European region through box and other in-kind donations.
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About International Paper
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2021 were $19.4 billion. Additional information can be found by visiting InternationalPaper.com.
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Contacts:
Media: Amy Simpson, 901-419-4964
Investors: Guillermo Gutierrez, 901-419-1731 and Michele Vargas, 901-419-7287
KEYWORDS: NYSE:IP, International Paper, Ukraine, Red Cross, Global FoodBanking Network
