Haydn Franklin Haydn Franklin, Friday 31st January 2020, 2:23 PM CET
Australian Bushfires

Australia has begun the recovery period after eight months of bushfires, destroying the southern-side of this nation and killing more than one billion animals. After this terrible news has come to lite worldwide, numerous organizations have offered substantial sums of money as donations. The most recent is Refinitiv, a blockchain brokerage that’s based in Australia. They’re known for already assisting multiple charities down under. It was confirmed that 100% of all brokerage fees earned through global clients would be donated throughout three business days.

That’ll begin on February 4th and end on February 7th. It’s anticipated that hundreds of thousands will be earned throughout these seventy-two hours. Anybody paying brokerage fees for Spots, Options, Indices, Swaps and Forwards, will be assisting the regrowth of Australian citizens, wildlife and responders. The Australian charities selected to receive these donations will regard impacted communities and volunteer firefighters. 35% of donations will also be provided for injured wildlife, with their rehabilitation efforts costing substantial sums of money.

The Sustainable Action Team, an employee-led program within Refinitiv, will also be donating towards these efforts. Executives will match all donations earned by employees with Refinitiv. Employees themselves can make donations that’ll also be matched, with the maximum being one thousand dollars. Collectively, Refinitiv believes they’ll be able to donate $500,000.00 towards redevelopment efforts.

Company Employees Respond

Multiple employees with Refinitiv have been vocal regarding these bushfires. One individual included their Managing Director, who spoke to reporters regarding their donations. This was Daryll Sisson, who stated: “Australia is experiencing its worst-ever bushfire season. This situation is serious, and I am grateful that Refinitiv, a global organization. We’re fully supportive of local bushfire support efforts. I would encourage all of the FX community to get behind this initiative to ensure we can maximize relief efforts.”

The Chief Revenue Officer for Refinitiv was also vocal regarding the recent bushfires. Deborah Walton stated: “As an Aussie based in New York, my heart continues to break as I watch the devastating scenes in the aftermath of the raging bushfires across most Australian states. I am pleased to see our united, multi-faceted response from all parts of our business in response to this crisis, and I am extremely proud of Refinitiv commitment to support the communities in which we operate around the world.”

Haydn Franklin

Author: Haydn Franklin

Hayden joined whichbroker.com in March 2019. He previously held positions at leading US facing financial news outlets. Hayden's focus is primarily Crypto and Forex news at whichbroker.com, however he is also whicbrokers long form content specialist leading him to write longer posts with an investigative angle. Hayden gradutated from the University of Chicago. Haydn Franklin can be contacted at [email protected], View all posts by Haydn Franklin

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