How Companies Respond to the COVID-19 Crisis
Many companies have already stepped up to support their workers, customers, and local communities.
Doctors, nursing homes and hospitals across Germany are being provided with medical equipment worth around €40 million – from breathing masks to disinfectant, gloves, thermometers, protective goggles and suits. In a recent interview with the World Economic Forum, AstraZeneca CEO Pascal Soriot also called on companies to give practical support, not just money, to fight COVID-19. He said governments needed help with their supply chains, capabilities, skills and expertise - and that it remains crucial for companies to partner with others in order to scale their efforts.
Scale can also vary, and to date it has been regionally concentrated with some global impacts; we have not seen a fully global crippling pandemic yet, although this remains a possibility.