The Civic 50 sets the standard for corporate community engagement nationwide and creates a roadmap for companies looking to make the best use of their time, talents and resources to improve the quality of life in communities. where they do business. Each year, 50 companies are rewarded according to an annual survey. Winners are selected based on four dimensions of their national community engagement programs: integration, investment, impact and institutionalization. TFS scored high in all four categories.
As in previous years, TFS is recognized for its unwavering commitment to youth development, successful volunteer programs, and strong national and local partnerships, such as those with the Boys & Girls Clubs of America (BGCA) and Girl Scouts of tea United States. However, 2020 presented new challenges. Volunteering in person was impossible due to the COVID-19 pandemic, and social justice issues have had a devastating impact on communities across the country. TFS had to rethink its CSR strategy and leverage its committed workforce and technological expertise to establish virtual volunteer efforts and underscore its already strong commitment to promoting diversity, equity and inclusion on the web. the workplace, the market and our communities.
Understanding the urgent need for medical equipment, especially at the onset of the health crisis, TFS has partnered with Toyota Motor North America (TMNA) to help provide face shields, respirators and other medical equipment to caregivers in front line in the fight against COVID-19, using the Toyota production system to speed up production and delivery. In addition, the seniority of the company $ 5.7 million The Matching Gift Program has been optimized to allow Toyota and Lexus dealers to further support COVID-19 response initiatives, as well as social and racial justice efforts. This included a variety of campaigns large and small – such as delivering lunches to out-of-school children due to the pandemic, helping with sanitation of city vehicles (e.g. police, firefighters, disabled, parks and recreation) and free grocery delivery for those aged 65 and over.
TFS has also focused heavily on social justice issues by supporting eleven historically black colleges and universities through a program $ 110,000 grant to the United Negro College Fund, by issuing its fifth Diversity & Inclusion bond in the amount of $ 750 million; and by inspiring his team members to receive a “double match” by donating to specific organizations focused on social and racial justice. In collaboration with TMNA, the company also partnered with the Human Rights Campaign (HRC) to host a two-day workplace equity summit and created We all struggle together, a new brand initiative that reinforces Toyota’s commitment to its team members and communities.
“Toyota Financial Services saw the challenges of the past year as an opportunity to think about innovative ways to support our underserved youth and communities in need, and to continue to do our part to help make the world a place. best for all people, “said Marc Templin, President and CEO of TFS. “TFS has an incredibly passionate workforce who wanted to continue volunteering and advocating for social justice, despite the social distancing made necessary by COVID-19. By providing our team members with the opportunity to donate their time, knowledge and resources through virtual means, we have been able to make a difference for those who face hardships throughout the pandemic. We are honored that the Points of Light Foundation recognizes our efforts and named us one of its Civic 50s again. “
TFS ‘philanthropic success would not be possible without its very committed team members, whom the company supports and develops by providing paid volunteerism and opportunities to participate in community mentoring programs, board leadership and community engagement. Through these activities, team members are empowered to develop key workplace skills while establishing strategic partnerships with local nonprofits. TFS also offers grants for volunteer time and service on nonprofit boards. Providing these development opportunities not only enables team members to positively impact local communities, but also demonstrates TFS ‘commitment as an agent for greater social change.
For more information on The Civic 50 and the latest trends in community engagement, check out the report at www.civic50.org.
About Toyota Financial Services
Toyota Financial Services (TFS) is Toyota’s brand of financial and related products in United States, providing retail automotive finance and leasing services through Toyota Motor Credit Corporation (TMCC) and Toyota Lease Trust. TFS also offers vehicle and payment protection products through Toyota Motor Insurance Services (TMIS). The company serves Lexus dealers and customers using the Lexus Financial Services brand. From March 31, 2021, TFS employed approximately 3,600 team members nationwide and had assets totaling over $ 133 billion. It is part of a global network of comprehensive financial services offered by Toyota Financial Services Corporation, a wholly owned subsidiary of Toyota Motor Corporation. We announce material financial information using the Investor Relations section of our website (www.toyotafinancial.com) and documents filed with the SEC. We use these channels, press releases and social media to communicate about our business, services and other issues. While not all of the information we post on social media is material in nature, some information can be. Therefore, we encourage those interested in our business to check out our posts on Twitter at www.twitter.com/toyotafinancial.
Media contact: Derrick Brown (469) 486-9065
SOURCE Toyota Financial Services