Charles Schwab Recognized as One of the 50 Most Community-Minded Companies in the United States
June 16 2021 - 11:00AM
Business Wire
For the fifth year in a row, Charles Schwab has been named a
2021 honoree of The Civic 50 by Points of Light, the world’s
largest organization dedicated to volunteer service.
The Civic 50 provides a national standard for corporate
citizenship and showcases how companies can use their time, skills
and resources to drive social impact in their communities. The
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, integration across business functions,
institutionalization through policies and systems, and impact
measurement.
“We are honored to be recognized for our citizenship and culture
of giving for the fifth year in a row by Points of Light,” said
Carrie Schwab-Pomerantz, president of Charles Schwab Foundation.
“Since day one, Schwab has been committed to meaningful community
investments and partnerships that advance financial literacy and
make lasting, positive change in communities across the country.
The generous spirit of our employees is more important than ever as
we strive to bring hope and opportunity to communities across the
country.”
Charles Schwab is committed to investing in communities and to
helping people take ownership of their financial futures, and
supports a wide range of charitable giving and community service
programs. To learn more about Schwab’s commitment to communities,
please visit www.aboutschwab.com/citizenship.
“Points of Light believes that corporate leadership and
commitment to civic engagement is critical to strengthening
communities,” said Natalye Paquin, president and CEO, Points of
Light. “We thank Charles Schwab for their investment in the
communities where they live and work and look forward to supporting
them in leveraging their time, talent and assets to make
transformational change.”
Since it was launched in 2012, The Civic 50 has provided a
roadmap for good corporate citizenship and showcases how committed
companies are moving social impact, civic engagement and community
to the center of their business. The survey is administered by True
Impact, a company specializing in helping organizations maximize
and measure their social and business value and 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 involvement in communities.
To learn more about The Civic 50 and honorees, please visit
www.Civic50.org.
About Charles Schwab
At Charles Schwab, we believe in the power of investing to help
individuals create a better tomorrow. We have a history of
challenging the status quo in our industry, innovating in ways that
benefit investors and the advisors and employers who serve them,
and championing our clients’ goals with passion and integrity.
More information is available at aboutschwab.com. Follow us on
Twitter, Facebook, YouTube, and LinkedIn.
About Points of Light
Points of Light is a global nonprofit organization that
inspires, equips and mobilizes millions of people to take action
that changes the world. We envision a world in which every
individual discovers the power to make a difference, creating
healthy communities in vibrant, participatory societies. Through
177 affiliates across 38 countries, and in partnership with
thousands of nonprofits and corporations, Points of Light engages 5
million volunteers in 16 million hours of service each year. We
bring the power of people to bear where it’s needed most. For more
information, visit www.pointsoflight.org.
(0621-17MT)
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Stephanie Corns Charles Schwab 415-539-7001
stephanie.corns@schwab.com
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