UnitedHealth Group (NYSE: UNH) 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. Additionally, the company was ranked first in the Health Care industry.
The survey was conducted by the National Conference on Citizenship (NCoC) and Points of Light, the nation's definitive experts on civic engagement, and published by Bloomberg News.
"For the people of UnitedHealth Group, our business goals and social mission are inextricably intertwined," said Kate Rubin, vice president of social responsibility, UnitedHealth Group, and president, United Health Foundation. "To help people live healthier lives and to modernize the health care system, we believe it is necessary to be active and responsible citizens in our local communities and around the world. We're honored to receive this recognition for our work."
Three key initiatives highlighted this year include:
"The results of this year's The Civic 50 survey show that even the most civically engaged companies are doing more to make community engagement a top priority and a permanent aspect of their business strategy," said Michael Weiser, chairman of the Board, National Conference on Citizenship, and Neil Bush, chairman of the Board, Points of Light, in a joint statement. "These 50 companies are showing others in the private sector how to boost the bottom line and make the world a better place."
This year's The Civic 50 applicants were evaluated and accrued points based on several criteria, including: how much financial and human resources are applied to civic improvement; whether internal and external resources are activated to maximize community impact; how a company's community engagement activities support its business interests; how broadly community engagement is supported and institutionalized within a company's policies, systems and incentives; and how a company measures the social and business value of its community engagement programs.
The Civic 50 was developed in partnership with a high-profile working group of leading researchers and industry thought leaders. Dozens of corporate advisers provided strategic guidance on the program's objectives, including defining indicators, developing methodology, and identifying partners and participants. As a result of this collaborative process, the initiative reflects leading insight and thinking about how corporations can and should engage with communities in a 21st century economy.
True Impact, a company specializing in helping organizations maximize and measure their social and business value, administered the survey. A cross-sector team of independent qualitative evaluators reviewed the responses.
To learn more about The Civic 50 survey and the importance of civic engagement in corporate America, visit www.Civic50.org.
About UnitedHealth Group
UnitedHealth Group (NYSE: UNH) is a diversified health and well-being company dedicated to helping people live healthier lives and making health care work better. With headquarters in Minnetonka, Minn., UnitedHealth Group offers a broad spectrum of products and services through two business platforms: UnitedHealthcare, which provides health care coverage and benefits services; and Optum, which provides information and technology-enabled health services. Through its businesses, UnitedHealth Group serves more than 85 million people worldwide. For more information, visit UnitedHealth Group at www.unitedhealthgroup.com.