Stream Energy is a private for-profit direct selling ad connected life services company that was established in 2005. The firm specializes in the provision of energy services including wireless and protective services among others. The firm has grown in leap and bounds over the years and is now a leading global energy firm generating more than 8 billion dollars in revenue. Stream energy conducts its operations in more than ten states in the US and is recognized as one of the most trusted electric retail companies.
One cause that stream energy is passionate and committed about is giving back to the community. Stream Energy in a bid to formalize its corporate social responsibility formed Stream Care a charitable foundation that will help streamline the firm’s philanthropy work not only in Texas but all over the country. One catastrophic event that Stream Care was actively involved in aiding the community is the Hurricane Harvey that destroyed property worth millions of dollars and many Americans lost their lives. Many companies both local and international watched the sad event helplessly. However, Stream Care came to the rescue of not only its employees but also its valuable customers.
Charity and philanthropy have turned out to be an essential part of a company. It is no longer about just giving out money, but it has become a critical element of building a firms brand. Many clients are attracted to companies that associate with the community through charity. Stream Energy has realized how it can leverage on philanthropy through Stream Care. The firm through philanthropy is earning respect and loyalty from customers and the general public. Philanthropic work in America based on statistics has been on an upward trajectory. In 2016 alone the American corporate world gave about 19 billion dollars to charitable causes both locally and internationally. The 19 billion dollars is not inclusive of funds that have been given out for sponsorship, cause marketing and donations in the form of money and time from individuals.
The Hurricane Harvey is not the only charitable cause that Stream Energy participated in. The firm has continued to build long-term relationships with leading philanthropic organizations such as the Habitat for Humanity and the Red Cross. Stream Care has also partnered with Hope Supply Co. in combating homelessness a cause that is so dear to Stream Care.