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The Indiana Daily Student

Eli Lilly selected as one of Bloomberg's Civic 50

Eli Lilly and Co. has been selected as one of this year’s Civic 50 by Points of Light and Bloomberg LP.

The Civic 50 represents the top 50 corporations nationwide that have high community engagement, according to a press release from Points of Light and Bloomberg LP.

Lilly was ranked among national companies, including Adobe Systems Incorporated, General Electric, the Hershey Company, Verizon, Viacom and Western Union.

“The companies that make up The Civic 50 provide a roadmap for how to translate good intentions into sound business practices and policies,” said Neil Bush, chairman of the board of Points of Light, in the release. “Community engagement is core to a company’s DNA. When companies excel at this seamless integration, they see growth to key business metrics and lasting change in their communities.”

For the third year, the Civic 50 survey has evaluated participating companies based on the investment, integration, institutionalization and impact of their community engagement programs.

Previous surveys have included only Standard & Poor’s 500 companies. However, in 2014, all companies with an annual revenue of $1 billion or more were invited to participate.

A panel of advisers worked to strengthen the survey’s content, questions and evaluation.

Trends noted by this year’s survey include companies finding value in skills-based volunteering, community engagement boosting employee engagement and companies advocating social change.

In fact, 82 percent of the companies listed have taken a leadership position on social issues ranging from texting and driving to increasing science, technology, engineering and mathematics education.

“At Bloomberg, we strongly believe that companies do not have to choose between philanthropy, engagement, sustainability and business results,” Bloomberg LP Chairman Peter Grauer said in the release. “We know that doing good is good for business. We congratulate the 2014 honorees and hope the lessons they’ve shared will help others grow their businesses, transform their communities and improve the lives of those they serve.”

The Civic 50 is an alphabetical listing, but this year’s survey also ranked the top three companies that applied in 10 sectors, which included communications, consumer staples, energy, financials, technology and utilities.

Points of Light is an organization dedicated to volunteer service with affiliates in 250 cities. Collectively, the organization’s 4 million volunteers logged a total of 30 million hours of service last year.

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