To create the second annual Civic 50, Bloomberg Rankings partnered with National Conference on Citizenship, which aims to improve civic education and participation in civic activities among U.S. citizens, and Points of Light, the world's leading volunteer organization.
NCoC and Points of Light worked with corporate, nonprofit and academic experts to design a 33-question survey to measure S&P 500 companies' civic engagement programs on five dimensions: 1) Organizational Commitment: how a company uses its resources to strengthen communities; 2) Strategic Investment: how a company leverages resources from other institutions and provides skills-based or pro bono volunteer support and strategic grantmaking for maximum impact to nonprofits; 3) Business Integration: how a company integrates community-engagement programs into its business. Included are employee skill development, sales and employee satisfaction; 4) Fostering Civic Culture: how a company supports community engagement through institutional policies, systems and incentives; 5) Measuring Impact: whether and how a company measures the performance of its community-engagement programs for social and business value. Companies could receive a maximum of 1,000 points in each dimension. The scores were totaled and the 50 companies with the highest scores were identified. They are shown alphabetically. Companies are classified according to BICS, the Bloomberg Industry Classification System, and the top companies within each industry are identified. Surveys were administered in early June. As a result, Apollo Education Group is included on this list even though it is no longer in the S&P 500.