Points of Light a global nonprofit that is dedicated to accelerating people-powered change, released The Civic 50 Report featuring key trends, benchmarking data and insights from the 2020 honorees. The Civic 50 honorees are public and private companies with U.S. operations and revenues of at least $1 billion, and are selected based on four dimensions of their U.S. community engagement program – investment of resources, integration across business functions, institutionalization through policies and systems and impact measurement.
Key Statistics and Highlights from The Civic 50 2020 Honorees:
- Generous giving. Donated $2.1 billion in cash and $5.6 of in-kind support to U.S. societal causes.
- Employee investment. Supported their U.S. employees in delivering 11.4 million volunteer hours, a value of $554 million to U.S. communities.
- Take diversity, equity and inclusion seriously. This year, 96 percent have diversity, equity and inclusion programs, which is up from 90 percent last year.
- Conscious focus. Overwhelmingly pursued environmental sustainability as a focus area (60 percent did), but many also pursued health and well-being (46 percent) and racial and other forms of equity (24 percent) well before COVID-19 and the racial-equity movement.
- Public leadership. Are taking leadership positions on societal causes (62 percent of CEOs or other company leaders took a public position on four or more public education or policy efforts).
- Community involvement. Treat their community involvement as a board-level issue (82 percent include community engagement in board of directors’ meetings).
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 drive social impact in their business and communities. 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. Click the link for more information about The Civic 50.