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Product Red
![Product Red edition of the [[iPhone 14]]](https://upload.wikimedia.org/wikipedia/commons/c/c8/IPhone_14_Product_Red.jpg)
The concept was founded in 2006 by U2 frontman and activist Bono, together with Bobby Shriver of the One Campaign and DATA. The Global Fund to Fight AIDS, Tuberculosis and Malaria is the recipient of Product Red's money.
As part of a new business model, each partner company creates a product with the Product Red logo. In return for the opportunity to increase revenue through the Product Red license, up to 50% of profits gained by each partner is donated to the Global Fund. Such an amalgamation of humanitarian aid and for-profit businesses is one example of "ethical consumerism". In 2012, One Campaign acquired Red as a division of One. Both organizations were co-founded by Bono and Shriver.
Since 2020, Product Red has been used in the global fund to combat the COVID-19 pandemic. Provided by Wikipedia
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