How Tony Petrello Encourages Philanthropy At Nabors Industries

You can tell a lot about a company when a disaster strikes in an area in which it does business. The good ones realize that community is more important than profit and so do their part to help out. Houston and the area around it were heavily hurt when Hurricane Harvey decimated it in August 2017. Entire homes were made permanently unlivable, entire areas were flooded, and necessities such as food and clothing became exceedingly difficult to locate. Some Houston companies did their part to help the people that were hurt, such as H-E-B and the Houston Food Bank. Another company that stepped up and did its part is Nabors industries.

Nabors Industries is a Houston, Texas-based company led by Tony Petrello, it’s CEO, President, and Chairman. He is a notable philanthropist in the Houston area, well known for providing millions of dollar to help researchers investigating childhood neurological disorders. On any normal day, the employees of Nabor Industries are eating lunch at a barbecue pit located on the company’s property, working out in their fitness center, or drinking coffee and chatting with other employees at the coffee spot on the company’s premises, Naborhood Cafe. The company also supports the employees when they volunteer their time and money to worthy charities, such as engaging in fundraising events and community projects. Everyone at Nabors Industries knows that giving back is a very important value at the company.

Read more: Tony Petrello Helps to Launch the Neurological Research Institute at Texas Children’s Hospital

After it was safe to go outside in the aftermath of Hurricane Harvey, many of the employees of Nabor Industries did what they could when it came to relief efforts. According to Tony Petrello said that they went to where they saw the greatest need. He also announced that everyone was getting paid time off so that they could help out as much as they could.

In order to help out even more, Tony Petrello set up the Nabors Disaster Relief Fund. He pledged to match employee donations to this fund, dollar for dollar. The employees raised $173,622 and Petrello had Nabor Industries match this amount. The money was used in a variety of ways. It funded using Nabor Industries own kitchen, for example, to cook huge amounts of food three times a day that was given to families around the company’s headquarters. Other ways the money was used was to fund relief efforts that needed more hands to deal with.

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