4 Key CSR Practices That Emerge From the Civic 50 2024 Report
Report Provides Roadmap for Good Corporate Citizenship from Top U.S. Companies
ATLANTA, July 16, 2024 /3BL/ - Points of Light, a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to act that changes the world, today released The Civic 50 2024 Honoree Insights and Benchmarking Report. The Civic 50, now in its twelfth year, recognizes the 50 most community-minded companies in the United States with annual revenues of at least $1 billion, providing a road map for good corporate citizenship while showcasing how companies are moving social impact, civic engagement and community to the center of their business.
Download The Civic 50 2024 for full insights and benchmarking data.
The Civic 50 2024 honorees demonstrate a deep commitment to community engagement, employee volunteerism and CSR best practices, and share similar practices that move the needle in these areas. Amongst other key findings, they:
- Engage 40% of employees, on average, in external volunteering, twice the 20% average for US companies.
- Contribute more than five times the cash and in-kind donations to charitable causes compared to the average US company, as a percentage of revenue (0.69% versus 0.12%).¹
- Establish departmental goals related to community engagement (84%).
- Frequently offer paid time off to volunteer to employees (84%), significantly higher than the percentage of companies with similar programs for domestic employees (65%).²
([1], [2] US data from Giving in Numbers, 2023 by CECP.).
The Civic 50 survey is administered by True Impact, and the results are analyzed by VeraWorks. The survey instrument consists of quantitative and multiple-choice questions that inform the scoring process. The Civic 50 is the only survey and ranking system that exclusively measures corporate community engagement. To learn more about The Civic 50, visit pointsoflight.org/civic50survey or email civic50@pointsoflight.org.
About Points of Light
Points of Light is a nonpartisan, global nonprofit organization that inspires, equips and mobilizes millions of people to take action that changes the world. Through our work with nonprofits, companies, and social impact leaders, we galvanize volunteers to meet critical needs. As the world’s largest organization dedicated to increasing volunteer service, we engage nearly 4 million volunteers across 38 countries to create healthy, equitable communities where all can thrive. For more information, visit pointsoflight.org.
