HomeNewsRipple Makes Waves in Corporate Philanthropy, Joins People’s Top 100 Community-Focused Companies

Ripple Makes Waves in Corporate Philanthropy, Joins People’s Top 100 Community-Focused Companies

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  • Ripple secures the 82nd position on People Magazine’s list of 100 Companies ‘Putting Their Communities First,’ mainly due to its “Ripple Impact” corporate social program.
  • In 2021, Ripple had its most generous year in terms of employee giving, which the company matches up to $1,000 per full-time employee annually.

Ripple: Not Just a Blockchain Titan but a Community Catalyst

San Francisco-based blockchain giant Ripple has broken new ground, this time not in decentralized finance but in community impact. Earning the 82nd spot on People Magazine’s revered list of the top 100 companies committed to their communities, Ripple is showing that its influence extends well beyond the blockchain.

Employee-Led Generosity: The Heart of Ripple Impact

At the core of this accolade is Ripple’s corporate social program, aptly named “Ripple Impact.” This initiative allows the company’s employees, fondly referred to as ‘Ripplers,’ to contribute to causes and charities that align with their own values. In a show of commitment to this corporate altruism, Ripple matches employee donations up to $1,000 per full-time staff annually. This generosity reached its zenith in 2021, making it Ripple’s most charitable year to date.

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Moreover, Ripple cultivates a culture of philanthropy from day one of employment. New hires are immediately given a $50 credit to explore the Ripple Impact platform, enabling them to make an initial donation to a cause of their choice. This not only incentivizes altruistic actions but also aligns employees with the company’s broader mission of making a positive societal impact.

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It’s worth noting that People Magazine’s list showcases companies that go above and beyond in honoring their customers and empowering their employees. The top three spots are occupied by internet technology colossus Cisco, fintech innovator Rocket Companies, and payments behemoth American Express. By joining such august company, Ripple sends a clear message about its dual focus on technological innovation and community upliftment.

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In acknowledgment of this honor, Ripple took to the social media platform X to extend gratitude to its employees who contribute both locally and globally through the Ripple Impact programs. Furthermore, Ripple also highlighted its inclusion in the San Francisco Business Times’ list of top 100 corporate philanthropists, cementing its reputation as a company that serves both its industry and its community.

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Collin Brown
Collin Brown
Collin is a Bitcoin investor of the early hour and a long-time trader in the crypto and forex market. He's fascinated by the complex possibilities of blockchain technology and tries to make matter accessible to everyone. His reports focus on developments about the technology for different cryptocurrencies.
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