Our key performance indicators for local community involvement are measured through several quantitative methods, including:
Through these indicators we can evaluate our performance over time, allowing us to make informed decisions about possible needed changes.
In 2020 we donated approximately $10 million in charitable contributions around the world, with 75 percent supporting health and human services; 20 percent targeted to education; and the remaining 5 percent given to civic, cultural and other organizations. In addition, thousands of our colleagues in more than two dozen countries contributed to Eaton’s global employee matching gift program for COVID-19 relief, the first of its kind. And we matched their contribution, providing $350,000 in funds to support food banks, hospitals, shelters and other emergency relief programs. Download our Sustainability Report for more.
When we support our local communities, we support our employees, customers and other stakeholders. We encourage community involvement, believing that doing so creates healthy, sustainable communities and business facilities. Some examples of our involvement include:
The talent, energy and skills that our employees donate to community projects hold significant value for us as well as the communities we serve. Our volunteers benefit from the satisfaction of accomplishing necessary work, expanding their social connections, learning creative problem-solving and increased well-being.
We find that employees who volunteer with local organizations are more committed to their community and feel more fulfilled at home and work.
The talent, energy and skills that our employees donate to community projects hold significant value for us as well as the communities we serve. Our volunteers benefit from the satisfaction of accomplishing necessary work, expanding their social connections, learning creative problem solving and increased well-being.
Many of our facilities have created community involvement teams, which tailor site activities to the needs of their local communities. Comprised of cross-functional employees, their responsibilities include:
Our community involvement teams foster higher employee participation and a strong sense of pride. Their individual efforts and contributions directly benefit the places where they live and work.
Every year, we recognize the extraordinary accomplishments of employees who volunteer in their communities with the Stover Award for community service. Any Eaton employee can nominate full-time employees who demonstrate leadership or service in community organizations.
The senior vice president within each business unit appoints a selection committee to review nominations. The committee chooses an award recipient based on the following criteria:
Stover Volunteerism Award recipients each receive a commemorative award, a check for US$5,000 payable to the nonprofit organization of their choice, and special recognition by our chairman and CEO at a formal ceremony.