Xcel Energy Foundation undertook strategic planning in 2012, with a goal of pushing themselves and their community partners, including Greater Twin Cities United Way, to achieve even better outcomes for the communities they serve and for the company.
One objective: Strengthen the tie between corporate giving and key business priorities.
Since then, Xcel Energy has focused its education funding more narrowly on science, technology, engineering and math – or STEM – disciplines. Most jobs at Xcel Energy require STEM training and because half of the company’s workforce is eligible for retirement in the next decade, it seeks to produce a more highly trained workforce that can better support a number of industries, including its own.
Xcel Energy also focuses on the environment. Water is an important natural resource for energy production, and Xcel continues to be part of the solution in sustainably managing this resource. It funds research and education projects that support issues related to water quantity and quality.
- Susan Stehling, MCF communications associate