MIDLAND, Mich. – May 15, 2024 – Dow (NYSE: DOW) has been named one of the 50 most community-minded companies in America and the Materials Sector leader on The Civic 50 survey conducted by Points of Light, the world’s largest nonprofit dedicated to accelerating people-powered change.
“At Dow, we believe that making a positive impact in the communities where we live and work is foundational to our success,” said Rebecca Bentley, Dow's vice president of Public Affairs and Dow Company Foundation director. “That's why we're so proud to be recognized for the fourth year in a row for our efforts to create a better future for our communities and our team. We're committed to finding innovative, sustainable, and inclusive ways to make a difference.”
The dimensions of The Civic 50 align with Dow’s focus on sustainability and social impact, recognizing the value community investments and engagement create for stakeholders. Dow’s Global Citizenship strategy is rooted in three strategic priorities: Thriving Communities, STEM & Skilled Trades and Sustainability. These priorities are enabled through powerful collaborations with community organizations and purpose-driven volunteer programming, which helps the Company create an intentional impact.
Dow employees receive up to 12 hours of paid time off annually to volunteer and participate in employee resource group activities. Through Dow's global employee survey, 75 percent of Team Dow reported volunteering at least once in the past year to support programs such as Martin Luther King Jr. Day of Service, #PullingOurWeight campaign and the Business Impact Fund.
“As a materials science company, we create solutions for business and positive social change in our global communities,” said Bob Plishka, global director of Strategic Corporate Partnerships and Dow Company Foundation president. “Through our global employee survey, we know that volunteering increases understanding of community needs, employees’ sense of purpose and overall job satisfaction. Volunteering is a win-win for our communities and Dow.”
In its 12th year, The Civic 50 serves as the national standard for corporate citizenship and highlights how leading companies prioritize social impact and community at the core of their business. The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They 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 and impact measurement.
“Expectations for companies to be leaders in civic engagement continue to increase,” said Jennifer Sirangelo, Points of Light president and CEO. “Dow 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.”
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 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. We bring the power of people to bear where it’s needed most. For more information, visit pointsoflight.org.
About Dow
Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.
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For further information, please contact:
Jess MacDonald
780-998-8426
jmacdonald@dow.com
Mary Fournier
989-636-7475
mkfournier@dow.com