Did you know that turnover is reduced by 57% for employees actively engaged in company giving and volunteering efforts? Benevity has made engaging your people easier with The Big Book of Goodness! Check it out for 25+ creative ideas to amplify your people’s efforts (and boost engagement!) all year long.
These days the comparisons of companies in sectors and industries and among investment peers (those companies chasing similar sources of capital) are continuing to gain momentum. There are numerous third party players busily analyzing, measuring and charting company ESG performance and producing scores, rankings, ratings and various kinds of comparisons (company-to-company, company to industry etc) for their investor-clients (asset owners and managers).
We should not have been surprised: in 2016 presidential candidate Donald Trump promised that among his first steps when in the Oval Office would be the tearing up of his predecessor’s commitment to join the family of nations in addressing climate change challenges. In 2015 in Paris, with almost 200 nations in agreement, the United States of America with President Barack Obama presiding signed on to the “Paris Agreement” (or Accord) for nations and private, public and social sector organization to work to prevent further damage to the planet.
This week we celebrated Earth Day. That first (1970) observance became a catalyst for action – soon after the first of a series of environmental-focused Federal legislation began to change dirty air to cleaner and then clean, and more laws to address a very unhealthy state of affairs in the U.S.A. (The Environmental Act, Clean Water Act, Clean Air Act, RCRA, etc.). But…the challenges for society have not gone away. The list of “hot ESG issues” grows by the week.
“Movements” – what comes to mind when we describe the characteristics of this term are 20th Century examples. The late-20th Century “environmental movement” was a segue from the older 19th and early 20th Century “conservation movement” that was jump started by President Theodore Roosevelt (#26), who in his 8 years in the Oval Office preserved some 100,000 acres of American land every work day (this before the creation of the National Parks System a decade later).
The FTI Consulting business advisory firm surveyed a set of 130 global institutional investors to gauge the depth and breadth of U.S. assets invested using ESG principles. This group of investors, contacted from May through July 2018, responded that their Assets Under Management totaling US$8.4 trillion was believed to have benefitted by the contribution of extra [corporate] value to a company with a high ESG rating.
“As the pace of innovation disrupts what it means to be a responsible business, organizations must take a leadership role in positively contributing to society at a scale that makes a difference,” — Laurence Morvan, Accenture’s corporate social responsibility officer and chief of staff – office of the CEO.
Today’s leading corporate volunteer programs have one thing in common—they’re flexible and inclusive. Why? The benefits go deeper than you might think. When people can volunteer in a way that resonates with (and works for!) them, they’re more likely to participate. And that first interaction opens the opportunity to engage them in doing good year-round.
Seventh annual Industry Review offers eye-opening industry insight, highlights potential for business growth, employee engagement, customer loyalty
CHARLESTON, S.C. April 16, 2019 /3BL Media/ — YourCause, a Blackbaud (NASDAQ: BLKB) company and a leader in corporate social responsibility software solutions, announced the release of its seventh Industry Review, a comprehensive analysis of employee engagement and corporate social responsibility (CSR) programs.
Question: Does a corporate sustainability program “cost” (and thus shows up on the “expense” side of the ledger) or are there measurable “returns” on the investments that companies are making to develop or adjust strategies, assemble teams and launch sustainability programs? (Especially those that have set goals and where progress is measured and then publicly reported.)