While most faced financial hardships and layoffs during the COVID-19 pandemic, some companies demonstrated incredible leadership. They will be remembered in the coming years as organizations supporting not just the bottom line, but humanity as a whole. Here are the top 5 companies worthy of your admiration.
U.S. Bank
U.S. Bank committed to COVID-19 relief in a mostly financial way, but also through programs designed to help fight the virus. The total in comprehensive relief funds from U.S. Bank is $60 million. This investment includes:
- 30,000 front-line employee wage premiums of 20%
- $26 million to non-profits throughout the country fighting the COVID-19 pandemic
- $4 million to small business recovery and crisis relief
- Employee skill-based volunteering system
For more information, visit https://www.usbank.com/newsroom
AT&T
As a company that prides itself on connectivity, this company empowered others to keep physical distance through several key actions:
- Offering discounts to schools to help fuel e-learning
- Dropping charges for over-use of data
- Providing connection to public WiFi hotspots
For more information, visit https://www.att.com/help/covid-19/
Facebook announced in April 2020 a commitment to bettering small businesses through its Facebook Small Business Grants program. Up to $100 million became available to 30,000 qualifying businesses around the world.
Facebook also partnered with the Lenfest Institute for Journalism and the Local Media Association (LMA) to pledge $1 million to reputable news sources. This has helped fund fact-checking and around-the-clock employment during the crisis.
For more information, visit https://about.fb.com/news/2020/03/coronavirus/
Anheiser-Busch InBev
After a 10% decline in profits due to Coronavirus in Q1, AB InBev stepped up its Corporate Social Responsibility to help attack the pandemic.
AB InBev committed to putting excess alcohol to good use as sanitizer. In the brewing process for non-alcoholic drinks, the alcohol is removed and fused with gel. The company then sends the manufactured hand sanitizers to medical institutions around the world. They donated over a million bottles of hand sanitizer.
AB InBev also worked to improve watersheds to increase clean water for communities all over.
For more information, visit https://www.ab-inbev.com/news-media
Walmart
Walmart’s initial response to COVID-19 included a $25 million commitment to organizations in various communities affected by the Coronavirus outbreak. They later pledged an additional $10 million to food banks, schools & senior meal programs.
This donation comes in addition to the promise of cash bonuses and early payments to hourly employees.
For more information, visit https://corporate.walmart.com/newsroom
Resources:
https://www.att.com/support/article/wireless/KM1103818
