Stemcor scales new heights for charity

31 May 2007

Stemcor, the world’s largest independent steel trader, has linked two climbing events to raise money for Save the Children. A total of $75k has been donated so far, with a further $350k committed over the next three years.

In February a seven person Stemcor team, including Group Managing Director Julian Verden, took part in the annual Empire State Building run-up in New York. Inspired by the generous donations of Stemcor’s partners and the participation of hill runner and mountaineer Chris Harling, the team raced up 86 floors and 1,576 steps, a vertical distance of one fifth of a mile. Donations of over $35k were matched by Stemcor.

Harling’s next challenge was to climb Everest. Sponsored by Stemcor, he began the acclimatisation process at Base Camp in mid April and, a month later, made his bid for the summit. On May 16 Harling succeeded in his quest to climb the world’s highest mountain, reaching the summit at 4.19am Nepali time.

Stemcor has committed a further $350k over the next three years to Save the Children. This donation will support their ‘Reading for Children’ programme in Vietnam and Bhutan, giving disadvantaged children access to education that will help them integrate into the mainstream, gain future employment and bring economic prosperity to their communities.

Julian Verden said: ‘We are proud to support the great work done by Save the Children all over the world and thank all our partners for their generous contributions to this very worthy cause’.

In the past two years, Stemcor has donated to several charities including Save the Children, Actionaid, CARE, The Citizen’s Foundation (Pakistan), Doctors without Borders, The Red Cross and Pratham (India).