Data from over 500 companies identifies how businesses are leading with purpose during a global crisis
CALGARY, Alberta, May 5, 2020 /3BL Media/ — Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today released a special COVID-19 Relief report,Leading with Purpose in Extraordinary Times. The report examines data from over 500 purpose-driven companies between March 1 and April 30, highlighting how businesses are activating their people and communities during a global crisis.
The Coronavirus pandemic has had an impact on people, businesses, and charities around the world, from individuals caring for sick family members, to hospital workers on the front lines, to local small businesses struggling to stay afloat. We’re experiencing unprecedented disruption to every facet of life during these uncertain times.
May 4, 2020 /3BL Media/ Extending its long-standing relationship with GivingTuesday, PayPal has today announced it is supporting #GivingTuesdayNow, a new global day of giving and unity as an urgent response to the unprecedented COVID-19 crisis. On #GivingTuesdayNow, PayPal is coming together with companies and organizations around the world to support this new initiative in a time of great need.
In these times of crisis, foundations have an opportunity to help by increasing their payout.
The payout decision should never simply default to the 5% floor. It should be a decision made annually that balances investment returns and inflation with the foundation’s charitable purpose and the timely needs of those it serves.
The COVID‐19 crisis is accelerating the transformation of business – one that solidifies the private sector mandate of a stakeholder‐first, rather than shareholder‐only, mentality. We’ve kept a pulse on this shift, brand action and stakeholder expectations, revealing that 75% of the U.S. public believes business must take action to protect employees, care for communities and support front-line workers in the fight against COVID‐19. Companies who have rapidly and authentically met this expectation demonstrate Purpose – at its finest.
Automaker Continues Feeding America® Partnership with New Pledge to Match Donations up to $150,000 for COVID-19 Response Fund
CAMDEN, NJ, April 28, 2020 /3BL Media/ – Subaru of America, Inc. announced it will sponsor NBC and Universal Television’s all-original “A Parks and Recreation Special,” a charitable telecast set to air Thursday, April 30 at 8:30 p.m. ET/PT, and will match consumer donations up to $150,000 to benefit Feeding America®’s COVID-19 Response Fund.
Since the COVID-19 pandemic reached India, the focus of NGOs and CSR funders has been—correctly—on addressing immediate relief activities, from providing supplies to migrants to giving targeted support to end-beneficiaries. However, this near-term work may have an unintended adverse long-term impact on NGOs, especially those with significant CSR funding.
Donation provides additional support to fight food insecurity in the company’s hometown
MEMPHIS, Tenn., April 27, 2020 /3BL Media/ – International Paper has made a $220,000 donation to Mid-South Food Bank to support year-round hunger relief efforts. The donation is above and beyond the company’s recurring $100,000 pledge to support the organization’s ability to respond to food insecurity in its 31-county service region.