ConAgra Foods Recognized for its Commitment to Community by Bloomberg LP and Points of Light
OMAHA, Neb., Dec. 8, 2014 – ConAgra Foods, Inc. (NYSE: CAG) was recognized today as one of America’s most community-minded companies in The Civic 50, an annual initiative that identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. Points of Light, the largest organization in the world dedicated to volunteer service conducted the survey in partnership with Bloomberg LP. All companies with $1 billion in revenue or more are invited to apply for the Civic 50.
“ConAgra Foods is thrilled and honored to be recognized by The Civic 50 as one of most community-minded companies in the country,” said Chris Kircher, vice president, Corporate Affairs and president, ConAgra Foods Foundation. “Supporting the communities in which we live and work is one of the key planks of our citizenship platform and this recognition is an important measure of how we are delivering on our ongoing commitment to being a good corporate citizen."
ConAgra Foods was recognized as the leading company in the Consumer Staples sector for its community minded initiatives which include programs such as:
- Child Hunger Ends Here: A program in which ConAgra Foods invites consumers to take action by entering codes found on the company’s specially marked packages. For every code entered, the ConAgra Foods Foundation donated the monetary equivalent of one meal to Feeding America.
- Week of service: Nearly 3,500 ConAgra Foods employees volunteer thousands of hours serving meals, stuffing backpacks at food banks across the country and more through this initiative.
- Product donations: ConAgra Foods donates the equivalent of 1 million meals each month in product to Feeding America, the nation’s largest domestic hunger-relief organization with 200+ food banks nationwide.
“Corporate civic engagement is on the rise and it’s being led by the forward-thinking businesses included on The Civic 50 list,” said Neil Bush, chairman of Points of Light. “The correlation their efforts showcase between community engagement and employee retention, productivity and overall bottom line benefits continues to prove that businesses that do good, do well. We congratulate this year’s Civic50 and we hope that they continue to inspire greater investments in improving communities through corporate civic engagement.”
“We are proud to be in our third year of partnering with Points of Light on The Civic 50 survey,” said Peter Grauer, chairman of Bloomberg L.P. “The data from this year’s Civic 50 survey offers valuable insights that decision makers can use to grow their businesses, transform their communities, and improve the lives of those they serve.”
The Civic 50 survey was developed this year under the guidance of an academic panel of nine experts from leading universities throughout the country. The survey evaluates companies based on several criteria including how extensively and strategically resources are applied to community engagement, how a community engagement program supports business interests and integrates into business functions. Other criteria include how a company supports community engagement through its institutional policies, systems, and incentives, and how a company measures the social and business impact of its community engagement program. True Impact, a company specializing in helping organizations maximize and measure their social and business value, administered the survey.
The Civic 50 was created in 2012 to measure corporate civic engagement and recognize companies that incorporate socially responsible practices and community leadership into their culture. A working group of leading researchers, industry thought leaders and corporate advisors provided strategic guidance on the program’s objectives, including defining indicators, developing methodology, and identifying partners and participants.
To view a complete list of The Civic 50 companies for 2014 and to learn more about the importance of civic engagement in corporate America, please visit www.Civic50.org.
About ConAgra Foods
ConAgra Foods, Inc., (NYSE: CAG), is one of North America's leading food companies, with brands in 99 percent of America’s households. Consumers find Banquet, Chef Boyardee, Egg Beaters, Hebrew National, Hunt’s, Marie Callender’s, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack and many other ConAgra Foods brands in grocery, convenience, mass merchandise and club stores. ConAgra Foods also has a strong business-to-business presence, supplying frozen potato and sweet potato products as well as other vegetable, spice and grain products to a variety of well-known restaurants, foodservice operators and commercial customers. For more information, please visit us at http://www.conagrafoods.com.
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For more information, please contact:
Nicole Noren
ConAgra Foods
(402) 240-5469
nicole.noren@conagrafoods.com
