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Inco 2004 Social Responsibility Report
Message to Communities A Commitment to Social Responsibility Our Performance Our Commitment to Communities
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Our Performance

Economic Contribution

Community Giving

Resilient, healthy and prosperous communities are the foundation upon which strong societies are built. That belief underlies our long-standing community giving program, designed to help advance the social, cultural and economic well-being of the communities where we operate and where the majority of our employees live and work.

A LEGACY OF SUPPORT

Over the years, we have financially supported the work of numerous charitable, educational, health, social and cultural organizations. At the same time, many of our employees have been active and generous volunteers in their communities. Our past contributions have included:

  • $10 million (Cdn. $15 million) multi-year pledge to the Labrador Health Centre in Happy Valley-Goose Bay, Newfoundland and Labrador.
  • $850,000 (Cdn. $1.2 million) donation to the Innu Healing Foundation's Building Hope Campaign to build two new recreation centres in the remote Labrador communities of Sheshatshiu and Natuashish.
  • $346,500 (Cdn. $450,000) to the Canadian Institute of Advanced Research (CIAR) for the Earth System Evolution Program.
  • $577,500 (Cdn. $750,000) to the Sudbury YMCA's Centre for Life which supports a fitness facility, daycare, a pool, and various counselling, camp and other outreach programs.
  • $1.4 million (Cdn. $2 million) contribution to Sudbury Regional Hospital's Heart & Soul campaign to expand its already world class cancer centre and construct a new long-term care facility.
  • $360,000 (Cdn. $500,000) to Dynamic Earth, the latest example of our long-term support of Science North in Sudbury.

OUR 2004 CONTRIBUTIONS

In 2004, Inco contributed $1.5 million to various charitable, non-profit organizations around the world which met our funding criteria. We additionally contributed through gifts-in-kind and by enabling our employees to participate in worthy events and causes. Through our educational matching gift program, we also match contributions made to eligible accredited higher educational institutions by our Canadian employees and pensioners.


Chart:  Five-Year Worldwide Corporate Contributions Chart:  2004 Corporate Contributions by Category
 
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Highlights
Inco Mobilizes for Tsunami Relief
Following the devastating tsunami that hit Southeast Asia on December 26, 2004, Inco and our 61 per cent-owned Indonesian subsidiary, PT International Nickel Indonesia Tbk (PT Inco), announced a special financial contribution of 5 billion Indonesian Rupiah (approximately $540,000) to support relief efforts by the Indonesian government to aid victims of the tsunami.
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