Danish brewer Carlsberg announced that its foundations will be providing grants to support researchers, art museums and civil society to fast-track efforts against COVID-19.
The grants will be made by Carlsberg Foundation, New Carlsberg Foundation and Tuborg Foundation.
The three foundations will be donating a total of kr95m ($13.6m), which can be used to mitigate the challenges associated with the global COVID-19 epidemic.
Carlsberg Foundation chairman Flemming Besenbacher said: “Covid-19 is developing exponentially right now, so we are pleased that we have quickly been able to mobilize a collaboration between a number of the world’s leading researchers to contribute to solving the enormous challenges we face.
“Carlsberg’s founders JC and Carl Jacobsen and the Carlsberg Foundation have historically helped when communities have been in crisis, and we now need science more than ever to help solve these issues and think long-term.”
The company anticipates that the grants can mobilise scientific, economic and human efforts to minimise the spread of Covid-19 epidemic.
So far, the death toll due to the coronavirus is more than 10,000 worldwide, and the total number of infected people has increased to 244,000 while recoveries stand at 86,000.
Reuters reported that the Danish firm has not yet changed its strategy or forecasts due to the coronavirus outbreak.
Although the revenues in the Chinese market grew by 19%, the closure of karaoke bars and restaurants, considered as the on-trade businesses, has reportedly affected beer sales in the country.