Raytheon named most community-minded company in U.S. industrials sector
The Civic 50 provides a national standard for superior corporate citizenship
WALTHAM, Mass., June 21, 2017 /PRNewswire/ -- Points of Light, the world's largest organization dedicated to volunteer service, has named Raytheon the most community-minded company in the U.S. Industrials Sector. The non-profit Points of Light, founded in 1990, listed Raytheon (NYSE: RTN) among its annual Civic 50 ranking of U.S. community-minded companies for its corporate citizenship.
Raytheon's community initiatives support military families and veterans, focus on science, technology, engineering and math education and the creation of stimulating career opportunities, and promoting a sustainable environment.
"Whether we are supporting a veteran's transition to a civilian career or inspiring a child through hands-on STEM programs, Raytheon's corporate responsibility commitments focus on making a difference in individual lives and communities," said Thomas A. Kennedy, Raytheon Chairman and CEO. "The Civic 50 recognition underscores the important role business can play when it uses its time, talent and resources to have a lasting impact."
The Civic 50 winners are selected based on their community investment, program integration, institutionalization and impact of their U.S. community engagement programs. The annual survey is administered by True Impact, a company specializing in helping organizations maximize and measure their social and business value. The survey instrument consists of quantitative and multiple-choice questions that inform the Civic 50 scoring process. The Civic 50 is the only survey and ranking system that exclusively measures corporate involvement in communities.
About Points of Light
Points of Light, the world's largest organization dedicated to volunteer service, mobilizes millions of people to take action that is changing the world. Through affiliates in 250 cities and partnerships with thousands of nonprofits and corporations, Points of Light engages four million volunteers in 30 million hours of service each year. We bring the power of people where it's needed most. For more information, visit www.pointsoflight.org.
Raytheon Company, with 2016 sales of $24 billion and 63,000 employees, is a technology and innovation leader specializing in defense, civil government and cybersecurity solutions. With a history of innovation spanning 95 years, Raytheon provides state-of-the-art electronics, mission systems integration, C5ITM products and services, sensing, effects, and mission support for customers in more than 80 countries. Raytheon is headquartered in Waltham, Mass. Follow us on Twitter.
SOURCE Raytheon Company