Corporate scholars point out that the greatest mark of a company is how it uses its profits, especially on philanthropy. Although Stream Energy was one of the most active companies in the charity world, Hurricane Harvey redefined their approach in this important niche. With over 56 inches rain, it was a moment to revisit their approach to charity especially to neighborhoods surrounding Huston.
Since the company was one of the less affected by this hurricane, it used a large portion of its profits to help families get back together after the infamous hurricane. The management of Stream Energy, with the help of other professionals, designed one of the most effective foundations in Texas.
Through this foundation, Stream Energy has been able to change thousands of lives in Texas and more importantly children’s lives. Unlike other organizations, the foundation understands that collaborating with other entities helps in expanding the operational scope.
For less than three years, the entity has worked with different organizations in Dallas especially in giving children a better experience on their recreational lives. Through different programs, Stream Cares continues to change thousands of homeless children in Texas and its environs and this according to the management this is their greatest contribution to Texas communities.
Stream Energy was previously one of the most active partners to other charitable organizations such as the Red Cross. Although the organization is currently channeling their CSR to their foundation, they still work with global charity organizations regularly. According to the management, this relationship with other entities helps them to retain a good working relationship with other organization.
Apart from changing lives through their well-thought energy programs, the management believes that this is also a better way to serve the Texas population and more importantly share their profits with thousands of people. In 2019, the company intends to improve its resource allocation to the foundation.
With other major projects in like such their Green project, the company is still focused on its four-pillar plan. Some of the projects include providing unmatched energy services to both commercial premises as well as private spaces. The company is also a leader in providing wireless services and Internet connections.