The Western Union Company (NYSE: WU) was recognized today as one of
America’s most community-minded companies in The
Civic 50, an annual initiative that identifies companies for their
commitment to improve the quality of life in the communities where they
do business.
“We’re honored that The Civic 50 has recognized us for the third year in
a row,” said Western Union Chief Communications Officer, Luella Chavez
D’Angelo. “Western Union is a purpose-driven company that promotes
financial inclusion around the world. The Civic 50 awards acknowledge
our approach to community engagement, which draws on the full range of
our business assets, products and services, along with philanthropy.”
“Corporate civic engagement is on the rise, and it’s being led by the
forward-thinking businesses included on The Civic 50 list,” said Neil
Bush, Chairman of Points of Light. “We congratulate this year’s Civic 50
and we hope that they continue to inspire greater investments in
improving communities through corporate civic engagement.”
Points of Light, the largest organization in the world dedicated to
volunteer service, conducted the survey in partnership with Bloomberg
LP. All companies with $1 billion in revenue or more are invited to
apply for The Civic 50.
The Civic 50 survey was developed this year under the guidance of an
academic panel of nine experts from leading universities throughout the
country. The survey evaluates companies based on several criteria,
including how extensively and strategically resources are applied to
community engagement, how a community engagement program supports
business interests and integrates into business functions. Other
criteria include how a company supports community engagement through its
institutional policies, systems and incentives, and how a company
measures the social and business impact of its community engagement
program.
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western Union
provides consumers and businesses with fast, reliable and convenient
ways to send and receive money around the world, to send payments and to
purchase money orders. As of September 30, 2014, the Western Union, Vigo
and Orlandi Valuta branded services were offered through a combined
network of over 500,000 agent locations in 200 countries and territories
and over 100,000 ATMs and kiosks. In 2013, The Western Union Company
completed 242 million consumer-to-consumer transactions worldwide,
moving $82 billion of principal between consumers, and 459 million
business payments. For more information, visit www.westernunion.com.
WU-G
Copyright Business Wire 2014