Charles Schwab Named One of the 50 Most Community-Minded Companies in the U.S. for Eighth Consecutive Year
For more than a decade, The Civic 50 has served as the national standard for corporate citizenship and showcases how leading companies are moving social impact and community to the core of their business. The Civic 50 honorees are companies with annual
“Schwab has a longstanding commitment to support and strengthen the communities where our clients and employees live and work by investing resources to advance financial literacy,” said Schwab President
Schwab’s focus on financial education is rooted in the belief that everyone should have the opportunity to achieve financial well-being. Through its flagship financial literacy program Moneywise America, Schwab helps to level the economic playing field and close the financial education gap by making free, high-quality financial education accessible to everyone. In addition to financial literacy, Schwab employees volunteer thousands of hours annually through Schwab Volunteer Week, skills-based volunteerism programs, and other employee-driven volunteer initiatives that benefit nonprofits, schools, and communities nationwide. Schwab also provides financial, people and intellectual resources in support of social causes that are responsive to community needs and reflective of employees’ interests.
In 2023,
“Expectations for companies to be leaders in civic engagement continue to increase,” said
The Civic 50 survey is administered by True Impact, and the results are analyzed by VeraWorks. The survey instrument 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 community engagement.
About
At Charles Schwab (NYSE: SCHW) 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 www.aboutschwab.com. Follow us on Twitter, Facebook, YouTube, LinkedIn, and Instagram.
About
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.
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Stephanie.corns@schwab.com
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