Supporting women leaders Featured

8:00pm EDT March 26, 2010

As the fifth-largest bank in America, PNC has more opportunity than ever before to help broaden the networks of women entrepreneurs and executives and to support the sustainability and growth of the businesses they own and manage. This year’s eighth annual panel discussion of the issues impacting women in business today — Perspectives: Women Who Excel, presented by Smart Business and PNC — delivers on both objectives.

Whether through forums like the Perspectives conference or by providing the business and personal financial resources that companies and individuals require to flourish, supporting women in business is critical to a thriving economy, locally and nationally. Within PNC’s 14-state footprint, women are majority owners of 1.7 million companies, and according to the Center for Women’s Business Research, they generate $302 billion in revenue annually. In fact, one-quarter of all of the nation’s majority women-owned companies are located in the communities we serve, and Cuyahoga County is one of the largest. Yet despite this wealth, women-owned companies are still less likely than their male counterparts to cross the coveted $1 million annual sales threshold. That’s why we’re advocates of women in business: By providing financial solutions and connecting women to useful resources, PNC can be a pivotal force in helping women close this gap.

Our advocacy for women starts at home. PNC ranks among the top 50 companies for executive women and 100 best companies for working mothers. We also care deeply about the causes that our customers care about, like providing kids with every advantage to achieve their goals as adults. Through our signature philanthropic program, Grow Up Great, a 10-year, $100 million investment in early childhood education, we are making strategic investments in the future by supporting quality early childhood programming.

Our corporate commitment to environmental sustainability is also forward-looking. By constructing green buildings (in fact, more U.S. Green Building Council LEED-certified buildings than any other company), we’re conserving energy and creating healthier working environments. It’s why Working Mother magazine has named us one of the Best Green Companies for America’s Children.

Our future is also an economy driven by high-achieving women entrepreneurs and executives. PNC is privileged to support this transformation — by providing the people, products and tools to help you achieve in all aspects of your financial life and by supporting forums like the Perspectives conference that both inform and inspire.

Paul Clark is the regional president of Northern Ohio for PNC. Reach PNC at www.pnc.com.