Dow again recognized among the 50 most community-minded companies in the U.S.
- Honor marks Dow's second consecutive year receiving this designation
MIDLAND, Mich., June 16, 2022 -- For the second consecutive year, Dow (NYSE: DOW) has been named a 2022 honoree of The Civic 50 by Points of Light, the world's largest organization committed to inspiring, equipping, and engaging people to take action to change their communities and the world.
"As we celebrate 125 years as a Company, this recognition illustrates the importance we've placed — and continue to place — on engaging with our communities," said Howard Ungerleider, president and chief financial officer of Dow and chair of the Dow Company Foundation. "Investing in and protecting our people and communities has always been a priority for Dow and we are proud to work together with so many like-minded organizations to create a more sustainable future."
For ten years, The Civic 50 has provided a national standard for corporate citizenship. It showcases how companies can use their time, skills, and resources to drive social impact in their communities and company. 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 program: investment of resources, integration across business functions, institutionalization through policies and systems, and impact measurement.
"Throughout our history, we have invested in the communities where we work and live because we are committed to cultivating a spirit of service and partnership," said Rebecca Bentley, Dow's vice president of Public Affairs and Dow Company Foundation director. "Our community mindset is not only built on giving back, but also on creating solutions that spark positive change for the people we serve, the communities where we live and the broader world around us."
The dimensions of The Civic 50 are aligned with Dow's Environmental, Social and Governance (ESG) focus, showcasing and recognizing the value that community mindedness creates for all stakeholders. Guided by this ESG focus, Dow's global citizenship strategy, meaningful partnerships and purpose-driven programs - such as the Business Impact Fund, #PullingOurWeight, the ALL IN ERG Fund, and the creation of Dow's Volunteer and ERG Participation Policy - helped the Company better navigate challenges and grow impact to deliver positive change.
"Corporate leadership and commitment to civic engagement is critical for strengthening communities," said Natalye Paquin, president and chief executive officer of Points of Light. "Our most recent global research shows 86% of people say they expect companies to take action on a social issue. Companies like Dow are leading the way and setting an example of how you can leverage your employee talent, business models and assets to create deep impact that drives transformational change."
View the report and see the list of The Civic 50 2022 honorees.
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. 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
(NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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