CSR Minute: Cenovus Invests $6M in Canadian Renewable Energy Companies; Saudi Corporate Social Responsibility Forum to Open in Jeddah
CSR Minute: Cenovus Invests $6M in Canadian Renewable Energy Companies; Saudi Corporate Social Responsibility Forum to Open in Jeddah
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Summary
The CSR Minute is your daily video digest of the most relevant Corporate Social Responsible news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.
Cenovus will invest over $6 million in two Canadian companies through its Environmental Opportunity Fund to support renewable energy resources. $2.5 million will go to Saltworks Technologies, which has developed an energy efficient way to convert salt water into fresh water. $3.8 million has been invested in General Fusion, which is developing fusion technology to produce energy through an emission-free process. Cenovus is a Canadian, integrated oil company.
The Saudi Corporate Social Responsibility Forum will begin tomorrow in Jeddah, Saudi Arabia. More than 500 government officials, CSR professionals, and top managers of Saudi, Arab, and international companies are expected to attend. The Conference is sponsored by the Jeddah Chamber of Commerce, with support from the Construction Products Holding Company, a group of 27 companies which specialize in building materials. Construction Products has sponsored programs for scholarships for women students to study architecture and for job opportunities for Saudi youth.
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