U.S. Chamber Foundation Honors Excellence in Corporate Citizenship

(3BL Media/Justmeans) – According to a Nielsen survey report, 55 percent of global consumers are willing to pay more for products and services from companies that are perceived as good corporate citizens. These companies attract and retain employees more easily, and enjoy a stronger backing from investors and other stakeholders.

To recognize businesses that are committed to excellence in corporate citizenship, the U.S. Chamber of Commerce Foundation has announced 24 finalists for the 2016 Corporate Citizenship Awards. In partnership with The Wall Street Journal, the U.S. Chamber Foundation will honor businesses and chambers of commerce from around the world for positive social and community initiatives.

Carolyn Cawley, president of the U.S. Chamber Foundation, said that this year’s finalists show the multitude of ways businesses engage in their community as well as the significant, sustainable impact of the private sector.

Awards will be presented in eight categories for which finalists include Cargill, Citi, GSK, General Motors, Lockheed Martin, Microsoft Philanthropies, Blackbaud, The Kane Company, Network for Good, D.C. United, Dow Chemical, The Wonderful Company, Airbnb, FedEx, Qualcomm Wireless Reach, The Allstate Foundation, PIMCO, Walmart, JetBlueAirways, MillerCoors,Optoro, AstraZeneca, BD, and Health Care Service Corporation.

Cargill, Citi and GSK are included as finalists in the Best Corporate Steward – Large Business category. In 2015, Cargill invested $3.43 billion in developed and emerging economies to build capacity and capabilities. Cargill is committed to sustainable solutions that improve farmers’ livelihoods and the resilience of the global food system. Since 2010, it has provided training to more than 2.4 million farmers worldwide.

In 2015, Citi made a ten-year goal to lend, invest, and facilitate $100 billion in strategic innovations. It strengthened its goal of catalyzing sustainable cities by supporting Citi Bike programs in several U.S. regions and raising capital for other sustainable transport solutions. Citi empowered people and communities by investing in the future of low income urban youth through its Pathways to Progress program.

In 2015, GSK reported the doubling of the volume of their medicine supplied in least developed countries since the launch of the Africa Developing Countries Unit. They also supported the training of over 40,000 front-line health workers who reached 11 million underserved people.

Source and Image: U.S. Chamber Foundation