Corporate Social Responsibility Now a Staple at Davos

By year-end, production of Nourimanba, a ready-to-use therapeutic food provided to malnourished children in Haiti, is expected to accelerate, after Abbott Laboratories finishes a new factory there for nonprofit relief group Partners in Health.

The $6.5 million project also is expected to provide income to more Haitian peanut farmers. Abbott and a philanthropic affiliate have committed millions of dollars and tapped company expertise to help Partners in Health reach a goal of supplying the vitamin-rich, peanut-based food to 50,000 children a year.