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ExxonMobil to provide $5 million in grants to help empower women

In association with International Women’s Day and the company’s Women’s Economic Opportunity Initiative, ExxonMobil announced on March 8 that it will provide $5 million in grants to support local and global organizations dedicated to empowering women economically.

The company spends about $500 million each year with women-owned businesses.

“Research shows that when women manage their incomes, they invest in the health, education and well-being of their families,” said Suzanne McCarron, chair of the ExxonMobil Foundation. “Our investments are specifically geared toward providing women with support to increase their productivity and financial resources, and realize their fullest potential.”

To learn more, read “ExxonMobil Provides Grants to Support Women Entrepreneurs” from IndustryWeek.