International companies are generating new economic activity in U.S. communities.
WASHINGTON – The Organization for International Investment (OFII) released a report today that explores how international companies – specifically OFII member companies – have made an outsized impact on local U.S. communities.
“When a company that has succeeded in its home market expands into the United States, it brings with it much more than the capital needed to operate,” said OFII President and CEO Nancy McLernon. “International companies operating in the United States import world-class workforce training programs, industry know-how that propels U.S. innovation, and a tradition of being part of the communities in which they sustainably operate. This new report illuminates how international companies like Ahold Delhaize, Sodexo and Philips are benefiting local communities across the country.”
Thrive: How International Companies Are Strengthening U.S. Communities, draws on the expert analysis of Daniel Ikenson, an economist at the Cato Institute, to quantify the outsized role that international companies play in growing America’s economic prosperity, human capital development, and environmental sustainability.
Supplementing that rigorous analysis are a few real-world examples of how OFII member companies help U.S. communities thrive. Examining data from the Morgan Stanley Capital International (MSCI) ESG indices, OFII was able to quantify the relative ESG strength of its members:
The full Thrive report is available on OFII’s website (ofii.org/thrive).