The Value of 168 is a centerpiece of the corporate culture of RPM International. It reminds us to use the time we are given on this earth to do the best we can… with our families, with our business and with our communities.
As a corporate citizen, we recognize that we have responsibilities to many constituents. For our shareholders, we seek to give them superior returns on their investment and have done so, significantly outpacing both the Standard & Poor’s 500 and our peer group in total return over multi-year periods. For our employees, we recognize the need to provide a nurturing work environment, and have done so with benefits that includes both, a defined pension plan and 401(k) match, outstanding health care benefits and a matching program for charitable gifts. With customers, we seek to provide high value with long-term relationships, and our success in achieving this goal is evidenced by our leading market share positions across most of our brands. We also recognize that we need to make a positive impact on the communities where we work and live.
Like most businesses, RPM provides cash contributions to a number of worthy non-profits in our community. In our case, we have donated or pledged nearly $7 million to approximately 275 organizations over the past five years. More importantly, RPM often multiplies the value of its cash contributions with the human energy necessary to fulfill unmet needs, launch new ideas in community service and bring private sector expertise to bear in the non-profit sector. Our community involvement is not just signing checks; it’s partnering with select non-profits to deliver programs and services to constituents that go well beyond the impact of monetary donations.
We focus our community involvement on areas where we feel we can make a difference, and where we believe there is the greatest need: education, health and human services, community service, civic affairs and the arts.
Our Community Relations brochure chronicles the activities of our corporate staff of less than 100 people. These endeavors are multiplied by nearly 15,000 employees, operating in more than 300 cities around the world. All of our more than 60 operating companies have their own corporate contribution budgets that they employ to make a difference in their own communities. Here in Northeast Ohio, more than 1,000 RPM employees at our Tremco Incorporated, Euclid Chemical Company and Day-Glo Color Corp. subsidiaries further the impact that RPM has on the community through their own involvement in a wide variety of civic endeavors, as well as separate corporate contributions.
We are proud of RPM’s impact on our community and are pleased to share some of the results with you.
Sincerely,
RPM International (NYSE: RPM)
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