CECP, a coalition of corporate CEOs united in the belief that social improvement is an essential measure of business performance, has announced the winners of the 2014 Excellence Awards in Corporate Philanthropy.
Announced at this year's Board of Boards CEO Roundtable, the Chairman's Award, for companies with revenues of $20 billion or more, was presented to Cargill for its work with CARE on the Rural Development Initiative, which works to empower smallholder farmers, strengthen agricultural supply chains, and alleviate poverty. "CARE is a terrific partner and we are honored to be recognized for our collective work to increase incomes, improve nutrition and education, and help farmers become more successful," said Cargill executive chairman Greg Page. "Last fall we renewed and expanded our partnership for another three years with an increased focus on food security."
A second award, for companies with less than $20 billion in revenue, was given to PG&E Corporation for its work with Habitat for Humanity to provide solar power to low-income Habitat home owners in Northern and central California. "Solar Habitat has been such a success because it draws on our core skills and expertise in renewable power generation to create long-lasting benefits — not only for the Habitat home owners but for the environment and the larger community's economic health," said PG&E chairman, president, and CEO Tony Earley.
In addition, CECP announced Force for Good Awards — a new award recognizing CEOs and chairpersons for their work in corporate social engagement — to Michael T. Duke, former CEO of Wal-Mart Stores, Inc.; Jack Larsen, CEO of UnitedHealthcare Medicare & Retirement; John Replogle, CEO of Seventh Generation; Barry Salzberg, global CEO of Deloitte Touche Tohmatsu Limited; and John Whitehead, a former co-chair of Goldman Sachs and former U.S. deputy secretary of state.
"Cargill and PG&E exemplify companies that are a force for good in society," said Daryl Brewster, chief executive officer of CECP. "These companies leverage their scope, scale, resources, and capabilities to improve the lives of the people in their communities, whether they are down the street or around the globe. The innovations and core business strategies at the heart of these companies are put to work as they invest in society."