StockNews.AI
DE
StockNews.AI
76 days

John Deere Recognized as Top Community-Minded Company in the U.S. for Fourth Straight Year

1. John Deere earns national recognition from Points of Light for community service. 2. Employees volunteered over 340,000 hours in 2024, up 31% from last year. 3. $400 million awarded to those in need since 1948; $61.7 million in 2024. 4. Investment supported over 115,000 youth in STEM education through volunteers. 5. Recognition highlights Deere's commitment to corporate social responsibility.

6m saved
Insight
Article

FAQ

Why Bullish?

Increased community engagement and recognition may foster positive brand perception, attracting customers and investors. Historically, companies with strong corporate social responsibility tend to experience favorable market performance.

How important is it?

The article underscores Deere's commitment to social responsibility, influencing its market reputation and potential future growth prospects. Investors are increasingly factoring in ESG criteria into their decisions.

Why Long Term?

The sustained focus on community service strengthens brand loyalty and employee satisfaction, improving long-term growth. Companies like Coca-Cola have seen positive shareholder response to similar initiatives over time.

Related Companies

Record-breaking community contributions earn national acclaim in The Civic 50, /PRNewswire/ -- John Deere employees have once again set new records in volunteerism over the past year, demonstrating an unwavering commitment to community giving.Their dedication has earned national recognition for the fourth straight year, as John Deere has been named to The Civic 50 — an honor from Points of Light recognizing the 50 most community-minded companies in the United States. John Deere employees volunteered over 340,000 hours in 2024 Points of Light is the world's largest nonprofit dedicated to accelerating people-powered change. The Civic 50 has become a national standard for corporate citizenship and showcases how companies are leading through social impact and civic engagement. "We're honored to receive this recognition from Points of Light," said Taryn Edgin, director, Community Relations and president, John Deere Foundation. "It reflects our commitment to trust-based philanthropy and unrestricted giving while highlighting the incredible efforts of our employees, who work tirelessly to improve our customers' lives while building stronger communities."Community giving milestones: Employees volunteered over 340,000 hours (a new record for 2024), up 31% from the prior year. More than $400 million awarded to those in need since the John Deere Foundation's inception in 1948. In 2024 alone the company and Foundation combined contributed $61.7 million to nonprofit organizations in home communities and around the world, including two multi-year grants totaling $12.2 million aimed at eliminating hunger and increasing access to higher education. John Deere Foundation investments supported more than 115,000 youth in 2024 with over 4 million hours of high-quality STEM education experience supported by 600 John Deere employee mentors. "In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders," said Jennifer Sirangelo, president and CEO, Points of Light. "Companies like John Deere are leading the way in showing how social impact benefits their employee's well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce and they're extremely deserving of this recognition."To learn more about Points of Lights and The Civic 50 honorees for 2025, here is a link to their news release.About Deere & CompanyIt doesn't matter if you've never driven a tractor, mowed a lawn, or operated a dozer. With John Deere's role in helping produce food, fiber, fuel, and infrastructure, we work for every single person on the planet. It all started nearly 200 years ago with a steel plow. Today, John Deere drives innovation in agriculture, construction, forestry, turf, power systems, and more.For more information on Deere & Company, visit us at www.deere.com/en/news/.SOURCE John Deere Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News