Stream Energy’s Philanthropic Footprint in Texas

The news that Stream Energy had launched its charity foundation, Stream Cares, came as no surprise as the Dallas-based firm has proven its affinity for charitable causes. And the energy firm does not just write checks but also commits time to philanthropic causes.

While it is the norm for many modern firms to be involved in corporate social responsibility, Stream Energy’s involvement in such causes is ingrained in its business model. The company’s business model relies on independent associates to market energy, wireless, and home services. The associates earn a commission based on their sales. The company has many associates, who are actively involved in philanthropic causes. Add that to the company’s effort, and you establish why the energy firm is the most talked about in Texas regarding philanthropy.

When Hurricane Harvey touched down in Southern Texas destroying homes, property, and displacing residents, Stream Energy made efforts to help heal and rebuild the affected areas. The company donated $25,000 to the American Red Cross. In addition, the firm collaborated with Red Cross, accepting donations on behalf of the non-profit. What’s more, the firm announced it would be lenient towards its customers in the affected areas, regarding payment of utility bills.

Statistics indicate that there is a 24 percent rise in homelessness in Dallas. What a better way to alleviate the suffering of the homeless than affording them memorable experiences? Stream Energy, its associates, and Hope Supply Co. have collaborated to sponsor annual Splash for Hope. The event saw over a thousand North Texas homeless children access monetary assistance, essential supplies, and partake in a fun day. Hope and Stream have had such partnerships for over four years.

Dallas-area veterans and their families have benefitted from Stream and its associates. Through the Operation Once in a Lifetime program, the company sponsored the veterans and their families to sumptuous lunch. The firm also catered to their transportations costs. The American Girl Doll experience shortly came after the lunch. The experience sought to pamper 10 young girls belonging to the veterans.

India Joins the Largest Economic Markets in the World

Current growth projection data shows India as the soon to be fourth largest economy in the world, and holding the record as the fastest growing economic market in the world. These numbers are largely due to the ever rising population of India, which is also the fastest growing in the world at the moment. The type of growth that India is currently seeing is rapid compared to other countries, and compared to typical economic growth seen overall based on decades of data. The most important part of the growth that is currently occurring in India is that it is benefiting the growth of native businesses while also attracting foreign investors.

There are more unique points that set India apart from other world economic stats that are normally seen. India is only the second time a country has been ranked as a world leader in economics when the country is ranked as a developing country. Still, even though another country managed to make it onto the list of growing economies, it was nowhere near the growth and rate at which India has shown. India is marked by its incredible poverty, a situation which is widespread and prevalent from generation to generation.

As India joins the most powerful and prosperous countries in the world it will be interesting to see if the prosperity among the financial elite spreads to create a middle class society across all Indian states.