FINANCIAL SERVICES INDUSTRY 
CORPORATE SOCIAL RESPONSIBILITY

Financial services firms are major contributors to charitable causes, according to a survey of some 200 of the largest U.S. corporations by the Conference Board. Banks, insurance companies and finance firms were each among the top 15 contributors. These three segments of the financial services industry made combined donations of $1.14 billion, making financial services the second largest contributor by industry, topped only by pharmaceuticals.
LARGEST GIVERS TO U.S. BENEFICIARIES BY INDUSTRY, 2006


Rank

Industry

Number of companies

Total U.S. contributions
1Pharmaceuticals11$2,926,705,480
2Banks25921,649,453
3Computers and technology16672,253,381
4Petroleum, gas and mining9589,992,374
5Food, beverage and tobacco8521,911,281
6Printing, publishing and media5516,204,605
7Retail and wholesale trade10481,895,935
8Other services (1)15353,423,498
9Other manufacturing (2)14217,495,171
10Utilities22162,932,408
11Insurance20147,119,275
12Precision instruments9101,734,465
13Chemicals1098,137,384
14Transportation equipment474,989,440
15Finance467,771,687
16Industrial machinery and construction757,515,265
 Total189$7,911,731,102
(1) Includes telecommunications, transportation and other diversified services.
(2) Includes aerospace and defense, electrical equipment and appliances, paper and allied products and other diversified manufacturing.

Source: The Conference Board.