Hurricane Harvey rolled through Houston, Texas with a vengeance in August of 2017. Individuals all over the country witnessed the destruction from the heavy winds and huge amounts of rain. Many people lost their homes and their lives in this devastating storm. One of the first companies to take part in rebuilding the community after the storm was Stream Energy. During the rebuilding period, the company worked with its loyal clients who were having financial hardships due to the hurricane. Stream Energy has been performing acts of charity and has put many efforts into working to better its community for many years. “Stream Cares” is a branch of the company that recently opened, and its sole purpose is to partake it philanthropic works throughout the area.
Stream Energy starting a philanthropic branch of the company is rather rare in the corporate world. This enables the members of the company to give back to the community and will enable the company to increase its recognition in a positive way. This could result in the company greatly increasing its clientele as the company image is seen in an even more positive light. A company going through rough financial times or scandals can use acts of philanthropy to smooth things over and improve the image of the company. Many individuals will point to the greed that supposedly stems from corporate America, however, corporations throughout the entire country give billions yearly to various charities.
Stream Energy is known to have worked with the Red Cross and Habitat for Humanity for several years. The company employees work with the management to find ways to assist in the local community. Management often encourages employees to choose ways that they feel could do the most good in the area. Many within the company feel that helping the homeless in the community should be a top priority.
Stream Energy works with Hope Supply Company to give children who are homeless a chance to go to a local water park and have an exciting time. Many of these children have never had this experience in their lives. Their food and the cost of the park is paid for. Associates of both companies also help the children by raising money and gathering supplies for the children.