Hammond Power Solutions
April 5, 2023
From its humble beginnings as a family-owned business in the shortwave radio market to a multinational, industry-leading magnetic transformer designer and manufacturer, Hammond Power Solutions has always been an important presence in the communities it operates in. This 4th generation family business has continued to support the Children’s Foundation and many other Guelph-based charities over its 105 years of operations.
“Being a company that helps to tackle the challenging social issues happening in our community is something we take a lot of pride in. For me, it isn’t about recognition or praise, it is simply about what I feel is right. At the end of the day, this community is a place that my employees and I call home, and I want to see everyone here flourishing. I believe that in order to fulfill our strategic ambition we must respect and build our relationships with each other, our customers, other stakeholders and the communities in which we serve and work. Living our values, delivering on our promises and continuing to be a profitable company is what makes us committed to a strong model for good corporate citizenship.” – Bill Hammond, CEO of Hammond Power Solutions
Hammond’s charitable programs hinge on access to education, women and children, and healthcare and wellness, and environmental stewardship. In addition to supporting the well-being of children and youth through the Children’s Foundation, Hammond Power Solutions regularly supports community-focused organizations such as the Guelph Food Bank, Food 4 Kids, Habitat for Humanity, and many others. Hammond Power Solutions employees get involved in a variety of ways from volunteering at many local organizations, supporting underprivileged families through the holidays by donating to food banks, and even running an annual holiday Giving Tree program donating hundreds of gifts to families in need every December. Many employees even choose to spend their “Hammy Bucks” (an internal reward currency) which the company converts to cash and further matches, with 100% of proceeds benefiting local charities. This is a powerful win-win recognition approach to reward employees throughout the year, with charities further benefiting as employees pay it forward by donating back to many of these company-led fundraising initiatives. Hammond Power Solutions’ approach to Corporate Responsibility is to engage with this wide range of stakeholders to more effectively manage the social, ethical, and environmental impact of its business activities.
The Children’s Foundation is proud to be able to call Hammond Power Solutions a Champion supporter and we look forward to their ongoing support in making our community a better place for kids to learn, play, and grow.