|By PR Newswire||
|November 8, 2012 01:55 PM EST||
IBM, Citi, AT&T, Aetna and Capital One Top Inaugural "Civic 50" List For CSR Efforts
"The Civic 50" Published In Bloomberg Businessweek And Businessweek.com
WASHINGTON, Nov. 8, 2012 /PRNewswire-USNewswire/ -- The National Conference on Citizenship (NCoC) and Points of Light, the nation's definitive experts on civic engagement, in partnership with Bloomberg LP, today announced the results of The Civic 50. IBM, Citi, and AT&T, Inc. take top honors in the first comprehensive ranking of S&P 500 companies that best use their time, talent and resources to improve the quality of life in the communities where they do business.
An article about The Civic 50 by Bloomberg Businessweek senior editor Diane Brady, looking at the philanthropic efforts of some of the top companies honored appears in the November 12-18, 2012 issue of Bloomberg Businessweek. The full Civic 50 ranking is posted on www.businessweek.com at www.businessweek.com/interactive_reports/civic_50_2012.html.
"NCoC is proud to be part of The Civic 50 launch," said Ilir Zherka, Executive Director of NCOC. "The Civic 50 demonstrates that the best companies in America are deeply committed to strengthening their respective communities. Leaders of these companies are aligning the expertise of their companies and people with the needs of their communities, and then measuring the impact of their programs. NCoC hopes The Civic 50 will spur companies throughout our country to do the same."
"As a company committed to community engagement and improvement, Bloomberg is proud to have partnered with the National Conference on Citizenship and Points of Light on this important ranking," said Norman Pearlstine, Chairman, Bloomberg Businessweek and Chief Content Officer, Bloomberg LP. "The Civic 50 is a pioneering addition to the Bloomberg Rankings inventory. It features a comprehensive, transparent methodology to identify companies that have taken a leadership role in developing and implementing civic engagement programs. We believe it will raise awareness of the importance of a civic consciousness through the U.S. corporate world."
Companies were evaluated on seven specific metrics: leadership, measurement and strategy, design, employee civic growth, community partnerships, cause alignment and transparency. Winning companies employed increasingly sophisticated tools to measure the impact of community engagement and alignment of these programs with their business' core competencies. More than two-thirds of the top 50 companies say they "frequently" or "always" use the professional skills of their workforce to address social issues and real community challenges. Sixty-six percent of the top 50 say they have "mission-level" alignment with the community partners, meaning they work with them on the highest strategic level, not just on individual programs or events.
"Today, in the aftermath of Hurricane Sandy, we can see clearly how much corporate America pitches in – with expertise, talent, time and money – to help communities meet critical needs," said Jackie Norris, executive director of the Points of Light Corporate Institute. "In times of disaster and in relative calm, The Civic 50's work is transformative, innovative and critically important."
The companies recognized in the inaugural Civic 50 contributed a remarkable amount of time and resources to improve the communities they serve. For example, the top five companies alone provide $1.5 billion in grant support to community organizations, 17.5 million volunteer hours valued at over $375 million, and $150 million in matching donations.
The full list of winners in descending order is below, and can be found online at www.businessweek.com/interactive_reports/civic_50_2012.html:
- AT&T Inc.
- Capital One Financial Corporation
- Morgan Stanley
- Campbell Soup Company
- The McGraw-Hill Companies
- General Electric
- Hasbro, Inc.
- Western Union
- FedEx Corporation
- Bank of America
- Target Corp.
- Intel Corporation
- UnitedHealth Group
- Southwest Airlines
- Pacific Gas & Electric Company
- Viacom Inc.
- Apollo Group, Inc.
- American Express Company
- Cummins Inc.
- Wal-mart Stores, Inc.
- Comerica, Inc.
- Hewlett-Packard Company
- The Hershey Company
- Altria Group, Inc.
- McKesson Corporation
- ConAgra Foods, Inc.
- Raytheon Company
- H.J. Heinz Company
- The Goldman Sachs Group
- Spectra Energy
- Freeport-McMoRan Copper & Gold
- Discovery Communications
- Dr. Pepper Snapple Group
- Motorola Solutions
- Devon Energy Corporation
- Baker Hughes Incorporated
- Starbucks Coffee Company (tie)
- Ameriprise Financial (tie)
- Harris Corporation
- Weyerhaeuser Company
- Adobe Systems Inc.
- Sigma-Aldrich Corp. (tie)
- Verizon Communications (tie)
- Life Technologies
At the National Conference on Citizenship (NCoC), we believe everyone has the power to make a difference in how their community and country thrive. We are a dynamic, non-partisan nonprofit working at the forefront of our nation's civic life. Through our events, research, and reports, NCoC expands our nation's contemporary understanding of what it means to be a citizen. We seek new ideas and approaches for creating greater civic health and vitality throughout the United States. For more information, visit www.NCoC.net
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 and partnerships with thousands of nonprofits and corporations, Points of Light engages more than four million volunteers in 30 million hours of service each year. We put people at the center of change. For more information, visit www.pointsoflight.org.
About Bloomberg LP
Bloomberg LP, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The Bloomberg Professional service provides real time financial information to more than 310,000 subscribers globally. Bloomberg's enterprise solutions leverage technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. Through Bloomberg Law, Bloomberg Government, Bloomberg New Energy Finance and Bloomberg BNA, the company provides data, news and analytics to decision makers in industries beyond finance. Bloomberg News, delivered through the Bloomberg Professional service, television, radio, mobile, the Internet and Bloomberg Businessweek and Bloomberg Markets, covers the world with more than 2,300 news and multimedia professionals at 146 bureaus in 72 countries. Headquartered in New York, Bloomberg employs more than 15,000 people in 192 locations around the world. For more information, visit www.bloomberg.com.
SOURCE The Civic 50
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