Hurricane Harvey claimed many lives in Houston rendering others homeless. Many companies extended a helping hand to the victims of the natural calamity. Stream Energy was one of the companies that reached out to the survivors of the Hurricane Harvey. Stream Energy engages in corporate philanthropy through their charity foundation known as “Stream Cares.” The company helps out the residents of Texas and other affected individuals throughout the country.
By helping out the Hurricane Harvey casualties, Stream Energy illustrated that the companies in Dallas have endorsed philanthropy as part of their blueprint. The formulation of a philanthropic branch in the company is a recent project. By engaging in philanthropy Stream gives back to the community thereby earning the loyalty and respect of the clientele. Since corporate philanthropy is highly publicized, companies use the publicity to evade negative publicity.
Statistics indicate that companies donated approximately $19 billion in 2016. The organizations have also extended a helping hand by issuing corporate sponsorships and cause marketing. Stream Energy has also cultivated a long-term relationship with organizations such as Red Cross and the Habitat for Humanity.
Stream Energy deals with the direct sale of energy. Its associates deliver specific products and services such as fixed-rate energy and mobile phone plans. They also propel the creation of a large network of clients by offering them clean energy at discounted prices. Stream associates are issued a commission depending on their sales. They also support charitable causes.
When it comes to charity, Stream has placed an emphasis on homelessness, which is why the company, together with its employees come together to assist the homeless people in Dallas. Stream tackles the homelessness problem through Hope. By working together with Hope Supply Co., homeless children access essentials such as clothes, diapers, and school supplies. Stream Energy and the Hope Supply Co. have worked together for four years, and they have impacted the lives of many people positively.
In 2016, Stream reached out to the Texas tornado casualties. The residents of North Texas were affected by tornados a day after Christmas. Since Stream engages in corporate philanthropy, they did not hesitate to help the survivors.