Also recognized as top company for “Fostering Civic Culture”
HARTFORD, Conn. – Aetna (NYSE: AET) was recognized today as one of America’s most community-minded companies in The Civic 50. This annual initiative identifies and recognizes companies for their commitment to improve the quality of life in the communities where they do business. Aetna was cited as the best among the 50 recognized companies in the “Fostering Civic Culture” dimension. Aetna was also ranked second among companies in the health care industry.
The survey was conducted by the National Conference on Citizenship (NCoC) and Points of Light, national experts on civic engagement, and published by Bloomberg News.
“Aetna is committed to improving the quality of health care for everyone by helping to build healthy communities,” said Mark T. Bertolini, Aetna chairman, CEO and president. “Every day, our approximately 49,000 employees help empower people to live healthier lives. However, they also go above and beyond their daily efforts with extensive charitable donations and volunteering in the communities where they live and work. The recognition in The Civic 50 highlights the outstanding culture that Aetna employees have established for our company.”
Aetna’s Impact in the Community
Aetna and the Aetna Foundation awarded more than $14.6 million in 2012 to nonprofit organizations. The grants were focused on tackling poor nutrition and increasing physical activity, confronting the shortage of primary care physicians, and finding new ways to fix the fragmented delivery of health care – issues that disproportionately impact low-income and minority communities.
Aetna employees, retirees, and directors recognized the need for a helping hand in their own communities and in communities struck by disasters across the country. They donated an additional $6.8 million through the company’s matching gift program, an increase of nearly 25 percent over the previous year.
Aetna employees also support important community-based initiatives with their significant volunteer efforts. In 2012, Aetna employees volunteered more than 380,000 hours of their time. Aetna currently has 54 employee volunteer councils in 46 cities across the world.
“The results of this year’s 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 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 lead researchers and industry thought leaders. Dozens of corporate advisors 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 twenty-first 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 as well as the importance of civic engagement in corporate America, please visit www.Civic50.org.
Aetna is one of the nation’s leading diversified health care benefits companies, serving an estimated 44 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities, Medicaid health care management services, workers’ compensation administrative services and health information technology products and services. Aetna’s customers include employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups and expatriates. For more information, see www.aetna.com.
About the Aetna Foundation
The Aetna Foundation, Inc. is the independent charitable and philanthropic arm of Aetna Inc. Since 1980, Aetna and the Aetna Foundation have contributed more than $427 million in grants and sponsorships, including more than $14.6 million awarded in 2012. As a national health foundation, we promote wellness, health, and access to high-quality health care for everyone. This work is enhanced by the time and commitment of Aetna employees, who have volunteered four million hours since 2003. The Aetna Foundation’s current giving is focused on addressing the rising rate of adult and childhood obesity in the U.S.; promoting racial and ethnic equity in health and health care; and advancing integrated health care. For more information, visit www.aetnafoundation.org.