MOLINE,
Ill., May 24, 2023 /PRNewswire/ -- For the
second year in a row, John Deere (NYSE: DE) has been named an
honoree of The Civic 50, which recognizes the 50 most
community-minded companies in the nation each year according to an
annual survey.
The award is administered by Points of Light, the world's
largest nonprofit dedicated to accelerating people-powered change.
Now in its eleventh year, The Civic 50 is a national standard for
corporate citizenship and showcases how leading companies are
moving social impact, civic engagement, and community to the core
of their business. 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 programs: investment of resources and
volunteerism, integration across business functions,
institutionalization through policies and systems and impact
measurement.
"Points of Light and its Civic 50 initiative are inspirational
and aspirational," said Nate Clark,
John Deere's global director of corporate responsibility and
president of the John Deere Foundation. "Through Points of Light,
we learn how some of the world's most respected businesses fuel
their success by committing to purpose and service. At the same
time, we gain an understanding of how much more we can accomplish
if we work together for common good."
In 2022, John Deere announced community investments totaling
$55.5 million, a 30 percent increase
over the prior year. This involved notable investments in its
pursuit of ending hunger including over $3
million to food banks and for emergency hunger assistance,
representing the equivalent of more than 13 million meals, and
nearly $5 million to serve 3.8
million farmers globally to increase their food security, incomes,
and resilience to conflict and climate change. Last year, Deere
employees logged 174,518 hours of volunteerism and personally
donated $5 million.
"Companies play a critical role in creating thriving,
participatory communities," said Diane
Quest, interim president and CEO, Points of Light.
"Companies like John Deere set a model for others, showing how to
best use employee talent, business assets and integration to create
meaningful impact, and we're thrilled to uplift and celebrate their
work as an honoree of The Civic 50 2023."
To view the full report and see the full list of The Civic 50
2023 honorees, visit www.pointsoflight.org/the-civic-50.
About
Deere & Company
Deere & Company
(www.JohnDeere.com) is a global leader in the delivery of
agricultural, turf, construction, and forestry equipment. We help
our customers push the boundaries of what's possible in ways that
are more productive and sustainable to help life leap forward. Our
technology-enabled products including John Deere Autonomous 8R
Tractor, See & Spray™, and E-Power Backhoe are just
some of the ways we help meet the world's increasing need for food,
shelter, and infrastructure. Deere & Company also provides
financial services through John Deere Financial. For more
information on Deere & Company, visit us
at www.deere.com/en/news/.
About the John Deere Foundation
The
John Deere Foundation helps bring to life
John Deere's higher purpose – we run so life
can leap forward – through investments that allow the
people we serve to overcome the challenges they face today and
create for themselves paths to a more prosperous tomorrow. The
Foundation has committed at least $200
million from 2021 to 2030 to unlock economic, social, and
environmental value for smallholder and resource-constrained
farmers, marginalized families and youth in John Deere home
communities, and our workforce. Learn more at
https://about.deere.com/en-us/our-company-and-purpose/global-impact
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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