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American Express ranked 24th in most community-oriented S&P 500 firms

American Express has been recognized as one of the nation’s most community-oriented S&P 500 companies, coming in at 24th on The Civic 50 survey.

In partnership with Bloomberg LP, the National Conference on Citizenship and Points of Light conducted the first comprehensive ranking of S&P 500 corporations that best utilize their talent and resources to improve life in the communities they serve.

“At American Express, supporting the communities where our employees and customers live and work is integral to our business and role as a corporate citizen,” Timothy J. McClimon, the president of the American Express Foundation, said. “We are very proud of the work that we do and are honored to join the other exemplary corporations on The Civic 50.”

American Express developed three efforts aimed at promoting civic action, including the Emerging Innovators Leadership Boot Camp, Serve2Gether Consulting and Partners in Preservation.

Corporations were evaluated in seven key areas, including leadership, measurement and strategy, design, employee civic health, community partnerships, cause alignment, and transparency.

More than two-thirds of the 50 companies ranked in the survey said that they “frequently” or “always” use the professional expertise and skill sets of their workforce to address social issues and community challenges. More than 60 percent of the top 50 firms said that they have “mission-level” alignment with and work at the highest level with community partners.

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