By Michael Stroik, Director, 3Mgives and Vice President, 3M Foundation
3M benchmarks annually against the world’s greatest companies to ensure we empower our people with game-changing community engagement programs. CECP recently released their annual report on trends in corporate community relations: Giving in Numbers 2019 Edition. CECP analyst and author, André Solórzano, spotlighted unique data indicating how companies are becoming more employee-centric in their quest to maximize social impact.
On Veterans Day, we honor our country’s military veterans who served to protect our freedom and rights. Many of us at CECP have family members and friends who have served or are serving in the military, and in our special salute, we want to highlight the commitment by companies to support military families and veterans.
NEW YORK, October 22, 2019, /3BL Media/—As part of its continuing efforts to empower companies to drive long-term business success through positive societal impact, Chief Executives for Corporate Purpose (CECP) announced that Fran Horowitz, CEO, Abercrombie & Fitch Co., (A&F Co.) has joined the organization’s distinguished Board of Directors.
By Alison Vultaggio, Associate Director, Corporate Leadership, CECP
Pro Bono service has been a cornerstone of corporate volunteerism for decades. As the kids would say, it’s the “OG” of skills based volunteerism.
As companies continue to refine their corporate responsibility strategies to 1. align more closely with business goals and 2. enhance the impact of the nonprofit organizations they support, pro bono service has shone stronger than ever as a win-win-win opportunity for the business, its employees and the communities they and their nonprofit partners serve.
Companies in top 25% of corporate giving each contributed $60 million or more in social investments
NEW YORK, October 17, 2019 /3BL Media/— As the unrivaled leader in benchmarking on corporate social investments, in partnership with companies, Chief Executives for Corporate Purpose (CECP) found in their annual Giving in Numbers: 2019 Edition report that leading corporations are intensifying efforts to meet key societal needs around the world.
By Carmen Perez, Senior Director, Data Insights, CECP
On the day that Giving in Numbers is released, the CECP team envisions everyone diving into this year’s insights for the first time. Many have read the report for years, are tuned into the nuances of trends, and can quickly spot new topics that pop up in the report. Others find the report for the first time and experience the excitement (and relief) to have credible data sourced from the largest and leading companies to back-up the case they’ve been making for their company to do more and to do better.
by Brian Tomlinson, Research Director, Strategic Investor Initiative, CECP
When presenting to investors, CEOs need to go deeper than just telling a good marketing story. Institutional investors want to hear more from CEOs about how they are positioning their company to succeed in the long-term. CEOs need to demonstrate that the company’s leadership understands how long-term issues impact value creation and has developed a strategy to mitigate risks and ensure sustainable business practices.
By Sarah Bostwick Stromoski, Manager, CEO Leadership & Investor Engagement, CECP
With the recent Business Roundtable statement and the Financial Times’ series on expanding corporate purpose beyond short-term shareholder value, there was plenty of momentum going into United Nations (UN) General Assembly and Climate Week. Several events and discussions addressed the private sector’s role in driving progress towards the Sustainable Development Goals (SDGs).
by Kamau Bobb, Senior Director of the Constellations Center for Equity in Computing at Georgia Tech
Over the last year, the CECP Systemic Investment in Equity, Talent, and Tech (ETT) Accelerate Community has grappled with issues at the heart of diversity and inclusion in the tech sector. The lack of significant collective progress coupled with the current national tenor suggests this is an appropriate moment of reckoning. The nature of the problem is so embedded in the social challenges of the country that the only way to achieve meaningful impact is to move collectively and with careful reflection.