Jennifer Maas TV Business Writer Fox Corp. unveiled its third annual Corporate Social Responsibility (CSR) report Wednesday, revealing the company’s approach to corporate giving, environmental, social and governance, employee benefits and resources, diversity and inclusion, and data security during its fiscal year 2022, which Variety has obtained exclusively.
Covering corporate activities from June 2021-2022, the new Fox CSR report showcases the Rupert Murdoch-founded company’s philanthropic “Fox Forward” initiatives that focus on “serving veterans, active-duty military members and first responders; enhancing educational opportunities and providing support for underserved students and teachers; providing global disaster relief assistance; and investing in local communities through partnerships, financial donations, volunteer efforts and magnification across Fox’s media assets,” per the media giant.
Formed three years ago as a result of the sale of Fox’s 20th Century studio assets to Disney, the so-called “New Fox” portfolio, which includes Fox broadcast network, Fox News, Fox Television Stations, Fox Sports and ad-supported streamer Tubi, has contributed more than $20 million to communities through these Fox Forward initiatives benefiting more than 1,000 organizations, including U.S.VETS, the Elizabeth Dole Foundation, Feeding America, Marine Toys for Tots Foundation, Police Athletic League and Together We Rise, per Fox.
Over the past fiscal year alone, Fox made $1 million contributions to the American Red Cross’ Southern and Midwest Tornadoes Campaign, as well as their Humanitarian Relief Efforts in Ukraine, and Tunnel to Towers Foundation.
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