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Corporate Social Responsibility
News
6.11.2008 - 05:59pm ET
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UTC Couples Its $4.7 Million Local Contribution With Employee Volunteers
(CSRwire) HARTFORD, Conn., June 11 /PRNewswire/ -- United Technologies Corp (NYSE:
UTX) will complement the company's $4.7 million Connecticut grant program
with human capital: UTC employees. With total shareholder return over the
past decade at 388 percent, UTC is loaning some of the skills behind its
success to community non-profit organizations. Under UTC's new program,
"Building Community Excellence," the company will match UTC employee
expertise with the needs of non-profit organizations in Greater
Hartford.
Company employees will work with non-profits on projects to increase
the non-profits' efficiencies and performance in fields as diverse as
public education, the arts, and development.
"We think we are in an excellent position to share some of our
expertise with community organizations. Whether it is using technology in
the most efficient manner, seeking to reduce water or electricity use, or
streamlining processes to gain time, our employees can help community
organizations be the best they can possibly be and sustain improving
performance," said Andrea Doane, UTC Director Corporate Giving & Community
Affairs.
UTC based the new program on its own operating system, Achieving
Competitive Excellence (ACE). ACE helps identify customer needs and
significantly improve processes while eliminating waste.
"Building Community Excellence" will begin in Hartford, where UTC is
headquartered. Launch projects include finance and strategic planning
assistance as well as an energy audit for the Mark Twain House to allow
the organization to stabilize operations; an energy audit for Hartford
Stage to evaluate and contain energy costs; information technology
improvements at Connecticut Public Television to enhance customer
relations; and affordable green housing for the South Arsenal Neighborhood
Development in Hartford's North End. United Technologies Research Center
designed the homes to be "zero-net energy buildings," consuming no more
energy than they produce.
Other pilot organizations will be The Connecticut Science Center, the
Greater Hartford Marathon, and the Hartford Symphony Orchestra. UTC
currently supports all of these non-profit organizations.
United Technologies, based in Hartford, Conn., USA, is a
diversified company providing high technology products and services to the
global aerospace and building industries. In 2007, UTC was named, for the
4th consecutive year, one of the Global 100 Most Sustainable Corporations
in the World at the World Economic Forum in Davos, Switzerland.
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