Capital One Recognized as One of America’s Top 50 Community-Minded Companies by Bloomberg, National Conference on Citizenship and Points of Light
Capital One Ranked #2 on the List in Financials Industry, Large Market Cap
“Capital One is proud to be recognized as one of the top
community-minded companies in America. Wherever we do business, we’re
deeply committed to helping our communities succeed by partnering with
local nonprofits to change lives and neighborhoods for the better,” said
Through its Investing for Good approach to community involvement and
investment, Capital One is committed to strengthening economic
opportunities for individuals and communities where it does business.
This holistic approach utilizes philanthropy, lending and investing,
volunteerism and sponsorships to achieve impact. In 2013, Capital One
provided
“The results of this year’s Civic 50 survey show that even the
most civically engaged companies are doing more to make community
engagement a top priority and a permanent aspect of their business
strategy,” said
Businesses were evaluated and accrued points based on several criteria, including how much financial and human resources are applied to civic improvement, whether internal and external resources are activated to maximize community impact, how a company’s community engagement activities support its business interests, how broadly community engagement is supported and institutionalized within a company’s policies, systems and incentives, and how a company measures the social and business value of its community engagement programs.
Capital One was recognized as a leader in several dimensions on this year’s Civic 50 ranking, including:
- #2 - Best in “Organizational Commitment”
- #4 - Best in “Business Integration”
- #3 - Best in “Measuring Impact”
- #2 - Best in Financials industry
- #2 - Best in Large Market Cap
"
The Civic 50 was developed in partnership with a high-profile working group of lead researchers and industry thought leaders. Dozens of corporate advisors provided strategic guidance on the program’s objectives, including defining indicators, developing methodology, and identifying partners and participants. As a result of this collaborative process, the initiative reflects leading insight and thinking about how corporations can and should engage with communities in a twenty-first century economy.
True Impact, a company specializing in helping organizations maximize and measure their social and business value, administered the survey. A cross-sector team of independent qualitative evaluators reviewed the responses.
To learn more about The Civic 50 survey as well as the importance of civic engagement in corporate America, please visit www.Civic50.org.
About the U.S. Chamber Foundation BCLC
BCLC is a program of the
About the Corporate Citizenship Awards
The Corporate Citizenship Awards, known as the “Citizens” Awards, honor strategic and sustained positive impact on people, communities, the environment, and society. The Citizens have been presented every year since 2000 and are one of the nation’s premier recognition programs for companies that actively work to improve societal challenges.
About Capital One
Source:
Capital One Financial Corporation
Shelley Solheim, 917-589-6203
shelley.solheim@capitalone.com