The Committee Encouraging Corporate Philanthropy, a national nonprofit that works to empower senior executives of the world's leading companies to achieve progress on societal challenges while driving business performance, has announced the winners of the thirteenth annual Excellence Awards in Corporate Philanthropy.
Announced at a ceremony held in conjunction with the 2013 Board of Boards CEO Conference in New York City, the awards were given to IBM and the Mosaic Company in recognition of their commitment to the communities around them and for exemplifying four rigorous standards of excellence — CEO leadership, partnership, dedication to measurement, and innovation.
IBM received the Chairman's Award for its Smarter Cities Challenge, a three-year, $50 million competitive grant program that provides cities around the world with six-person teams of IBM employees who work in partnership with local officials to make those cities smarter and more livable. And the Mosaic Company received the President's Award for its Mosaic Villages Project, which provides smallholder farmers in India, Guatemala, and eight African countries with no-interest loans that help them increase crop yields and break the cycle of poverty. Since the program began in 2008, participating farmers have seen their crops produce three to five times more than those using traditional farming practices.
"The independent jury that selected these winners was deeply impressed by the widespread impact these two corporations have had through the success of their programs and the ways in which they exceeded each of CECP's Standards of Excellence," said CECP chief executive Daryl Brewster. "We congratulate the winners of the 2013 Excellence Award for applying their core business strategies to addressing some of the world's most pressing problems, and positively impacting individuals, families, and cities around the world through their corporate societal engagement."