Old National Named Among the 50 Most Community-Minded Companies in the U.S.
May 16 2024 - 9:24AM
Old National Bancorp (“Old National”) has been named by Points of
Light as one of “The Civic 50” honorees for 2024 – a list that
recognizes the 50 most community-minded companies in the nation.
A global nonprofit organization that inspires, equips and
mobilizes millions of people to take action that changes the world,
Points of Light has recognized the 50 most community-minded
companies in the nation every year since 2012. The Civic 50 award
is based on employee volunteering, community investment, corporate
citizenship and social impact programs.
“Old National is honored to be recognized by Points of Light as
an organization that truly puts our values into action,” said Jim
Ryan, Old National Chairman and CEO. “This is a testament to our
strong company culture and to the passion and dedication of our
team members who donated more than 57,000 volunteer hours in 2023
alone.”
Combined, The Civic 50 companies for 2024 have engaged more than
450,000 employees to volunteer more than 6.5 million hours in their
communities. Regarding external corporate volunteering, that's
twice the average for U.S. companies not in The Civic
50.“Expectations for companies to be leaders in civic engagement
continue to increase,” said Jennifer Sirangelo, president and CEO
of Points of Light. “Old National demonstrates how to maximize the
full range of their assets – from people power to policy to
financial contributions – to meet pressing needs and create
thriving communities where they live and work. We’re thrilled to
uplift and celebrate them as an honoree of The Civic 50 2024.”
Ninety percent of this year's honoree companies have a formal
strategy to leverage community engagement to promote health and
wellbeing among employees. Together, these leading organizations
have donated more than $1.5 billion in financial resources and over
$2.6 billion in in-kind goods and services to support charitable
causes.
The Civic 50 honorees are companies with annual U.S. revenues of
at least $1 billion and are selected based on four dimensions of
their corporate citizenship and social impact programs:
- Investment of resources and
volunteerism
- Integration across business
functions
- Institutionalization through policies
and systems
- Impact measurement
You can click here for the full list of The Civic 50 2024
honorees. Additionally, for more information and to view Old
National’s latest Environmental, Social and Governance (ESG)
Report, click here or go to oldnational.com.
ABOUT OLD NATIONALOld National Bancorp (NASDAQ: ONB) is the
holding company of Old National Bank, which is the sixth largest
commercial bank headquartered in the Midwest. With approximately
$53 billion of assets and $29 billion of assets under management
(including CapStar Financial Holdings, Inc. on a pro forma basis as
of March 31, 2024), Old National ranks among the top 30 banking
companies headquartered in the U.S. Tracing our roots to 1834, Old
National Bank has focused on community banking by building
long-term, highly valued partnerships with clients and in the
communities it serves. In addition to providing extensive services
in retail and commercial banking, Old National offers comprehensive
wealth management, investment, and capital market services. For
more information and financial data, please visit Investor
Relations at oldnational.com.ABOUT POINTS OF LIGHTPoints of Light
is a nonpartisan, global nonprofit organization that inspires,
equips and mobilizes millions of people to take action that changes
the world. They envision a world in which every individual
discovers the power to make a difference, creating healthy
communities in vibrant, participatory societies. Through 145
affiliates across 39 countries, and in partnership with thousands
of nonprofits and corporations, Points of Light engages 3.7 million
people in 16.7 million hours of service each year. They bring the
power of people to bear where it's needed most. For more
information, visit pointsoflight.org.
Investor Relations:Lynell Durchholz(812)
464-1366lynell.durchholz@oldnational.com
Media Relations:Rick Vach(904)
535-9489rick.vach@oldnational.com
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