Initiative Honors Top Companies with Superior Community Engagement
Submitted by: Points of Light
Posted: Jun 17, 2019 – 09:00 AM EST
ST. PAUL, Minn., Jun. 17 /CSRwire/ - Points of Light, the world’s largest organization dedicated to volunteer service announces The Civic 50 honorees of 2019, recognizing them as the most community-minded companies in the United States. The Civic 50 awards provide a framework for good corporate citizenship, and showcases how committed companies are moving social impact, civic engagement and community to the center of their business.
The Civic 50 will be officially recognized at the 2019 Points of Light Conference in St. Paul, Minnesota, this evening, where nearly 2,000 leaders in volunteerism and civic engagement gather to learn and share the knowledge, resources and connections needed to galvanize the power of people to create change globally.
“Points of Light believes that companies, their employees and partners can be drivers of transformative social change in communities around the world”, said Natalye Paquin, president and CEO, Points of Light. “This year’s honorees of The Civic 50 collectively gave $2.3 billion to their communities – often giving 50% more than other companies, and volunteered for more than 10.5 million hours in 2019. These results exemplify exceptional corporate leadership in community and civic engagement.”
The Civic 50 honorees are public and private companies with U.S. operations and revenues of $1 billion or more, and are selected based on four dimensions of their U.S. community engagement program – investment, integration, institutionalization and impact. Since 2011, The Civic 50 has provided a national standard for superior corporate citizenship and showcased how companies can use their time, skills and other resources to improve the quality of life in the communities where they do business.
The Civic 50 Honorees of 2019
Allstate Insurance Company
Altria Group, Inc.*
Blue Cross and Blue Shield of Louisiana
Charles Schwab & Co., Inc.
Clif Bar & Company
CSAA Insurance Group
Delta Air Lines
General Mills, Inc.
Health Care Service Corporation*
Hewlett Packard Enterprise
Keurig Dr Pepper
Marriott International Inc
MGM Resorts International
Prudential Financial, Inc.
Regeneron Pharmaceuticals, Inc.
State Street Corporation
Tata Consultancy Services*
The Hershey Company
Toyota Financial Services
Valero Energy Corporation*
WellCare Health Plans, Inc.
Wells Fargo & Company
* Indicates a company that is a sector leader.
The Civic 50 Sector Leaders of 2019
Consumer Discretionary: Hasbro, Inc.
Consumer Staples: Altria Group, Inc.
Energy: Valero Energy Corporation
Healthcare: Health Care Service Corporation
Information Technology: Tata Consultancy Services
Telecommunications: AT&T Inc.
Utilities: DTE Energy
The Civic 50 Volunteer Awardees
Volunteer Leader: Hogan Levells
Volunteer Culture: General Mills, Inc.
Strategic Volunteering: PwC
Key Statistics and Highlights from The Civic 50 2019 Honorees
Generous giving. On average, The Civic 50 companies donate more than twice as much as US companies: $283,000 for every $10 million in revenue earned as opposed to $130,000 (per CECP’s 2018 Giving in Numbers).
Increasingly sophisticated giving. Grants are getting more integrated. Nearly 50% of The Civic 50 companies make multi-faceted investments where their grants are provided additional support through volunteerism, in-kind goods, or multi-year pledges.
Business function integration. Community involvement programs are becoming increasingly integrated with other business functions. The business functions most commonly supported with community involvement are employee engagement (98%), marketing/PR (94%), and diversity and inclusion (90%).
Board-level involvement. The vast majority (86%) of The Civic 50 companies include community involvement in the agenda of at least one board meeting a year.
Performance reviews and goal setting. Sixty-two percent of The Civic 50 companies include community engagement in performance reviews and 86% include it in department goals.
Public leadership. Sixty-eight percent of The Civic 50 companies take national leadership positions on at least 6 public policy and education issues.
Social impact and outcome measurement. The majority of The Civic 50 companies (66%) measure the outcomes and social impact of their grants as part of regularly implemented data collection process.
Business impact and outcome measurement. The Civic 50 companies also measure the outcomes from integrating their community involvement with other business functions. More than half of the companies measure the outcomes of this integration with employee engagement, marketing/PR, and diversity and inclusion.
The Civic 50 survey is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value and analyzed by VeraWorks. The survey instrument consists of quantitative and multiple-choice questions that inform The Civic 50 scoring process. The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities. A key findings brief from the survey will be released in summer 2019. For more information, please visit www.civic50.org.
About Points of Light
Points of Light – the world’s largest organization dedicated to volunteer service – mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities across 37 countries and in partnership with thousands of nonprofits and corporations, Points of Light engages 5 million volunteers in 20 million hours of service each year. We bring the power of people to bear where it’s needed most. For more information, go to www.pointsoflight.org.
About True Impact
True Impact provides web-based tools and consulting support to help organizations measure the social, financial, and environmental return on investment (ROI) of their programs and operations. For more information, visit www.trueimpact.com.
VeraWorks is a global consulting firm that helps managers and companies offer employees the opportunity to do societal good through their everyday jobs. For more information, visit www.veraworks.com.
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