Giving Thoughts

May
19
2016

The Impact-Aspiration Gap: Why Companies Aren’t Living Up to Their Own Ambitions

By Richard Hardyment, Associate Director, Corporate Citizenship

How many businesses can claim to be making a real difference in their communities? If you take a look through any Corporate Social Responsibility (CSR) report, it’s filled with bold statements about “transforming lives” and “scaling impact.” However, the reality—according to new research from Corporate Citizenship—is that there’s a big gap between aspiration and impact.

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May
17
2016

SDG Q&A With Elaine Weidman-Grunewald: Achieving Scale in Solving Global Challenges Through ICT

By Alice Korngold, Co-Editor, Giving Thoughts, and author of A Better World, Inc.: How Companies Profit by Solving Global Problems…Where Governments Cannot and Elaine Weidman-Grunewald, Corporate Vice President, Vice President of Sustainability and Corporate Responsibility at Ericsson.

The United Nations Sustainable Development Goals (SDGs) build upon the Millennium Development Goals (MDGs) and converge with the UN’s post-2015 development agenda. The SDGs have a broader remit than the MDGs and included the private sector in their development. This is our second Q&A to learn from companies how they are planning to respond. In this piece, Elaine Weidman-Grunewald from Ericsson answers our questions.

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May
10
2016

The Role for Giving Circles in Asian Corporate Philanthropy

By Dr Rob John, Visiting Senior Fellow, National University of Singapore Business School, and Advisory Board Member, The Conference Board Initiative on Corporate Philanthropy

During our research study to understand how philanthropy in Asia is innovating, we were particularly intrigued by the arrival of giving circles—people or groups getting together to give.  In a previous post, I reported some exciting examples of new giving circles in Asia, all with strong connections to individuals from the corporate sector. In the U.S., giving circles are popular on the philanthropy landscape, attracting a wide range of individuals who witness the pleasure and impact of pooling their gifts for the common good. Some employee giving circles exist as hardship funds for members of the firm’s extended community such as that run by Boston-based Suffolk Construction.

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May
05
2016

Recipe for ROI: Four Ingredients to Organize Employee Volunteer Programs with SDG Impact

By Ahsiya Posner Mencin, Director, PULSE Volunteer Partnership, and Manu Juneja, Global Volunteering Manager, GSK

This is a new kind of year for GSK and the PULSE volunteering program. First, we’re creating different volunteering options for our employees worldwide to fit with the various interests and needs of all stakeholders across the globe.  Second, we’re now applying a fresh lens to our work through the Sustainable Development Goals (SDGs), and specifically Global Goals 3 and 4 that focus on promoting health and education. The SDGs don’t change the focus of our volunteering work, but rather give us a common language and vocabulary to discuss our objectives and impact alongside others who are working in the global health and development space.

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May
02
2016

Gender-Inclusive Boards: Better for Business and Better for the World

By Alice Korngold, Co-Editor, Giving Thoughts Blog, and Author, A Better World, Inc.: How Companies Profit By Solving Global Problems… Where Governments Cannot

Boards with women are not only more successful financially, but they are also more effective in achieving the company’s social responsibility and environmental purposes. Unfortunately, male board members are less likely than women to support changes that will increase diversity. Only when boards become more diverse will companies and society achieve their greatest potential.

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Apr
27
2016

Q&A with Myung Lee: How Companies Can Help Unlock the Potential of their Cities

By Alice Korngold, Co-Editor, Giving Thoughts Blog, and Author, A Better World, Inc.: How Companies Profit By Solving Global Problems… Where Governments Cannot, and Myung Lee, Executive Director, Cities of Service

More than half of the U.S. population lives in cities. Municipal services, therefore, are determining the quality of life for many Americans. At the same time, companies help define cities, and their employees and customers often call cities their home. This presents an opportunity and incentive for companies to support cities and their mayors in addressing the challenges they face, whether it is through financial support, skilled employee engagement, or long-term partnership.

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Apr
19
2016

Skills-Based Corporate Volunteering in Asia

By Dr Rob John, Visiting Senior Fellow, National University of Singapore Business School, and Advisory Board Member, The Conference Board Initiative on Corporate Philanthropy

President Obama’s “United We Serve” campaign, a nationwide service initiative that helps meet the growing social needs resulting from the economic downturn, has boosted an already popular practice—volunteering. According to the latest Bureau of Labor report, nearly a quarter of Americans, 62.8 million people, volunteered for a nonprofit at least once during 2015. Much of this donation of time and skills takes place within the context of the workplace, with businesses increasingly organizing volunteer activities for their employees.  Academic studies in the U.S., looking at why people volunteer, what impact it has on them, nonprofits and companies are burgeoning, but much less is known about corporate volunteering across Asia.

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Apr
12
2016

The Conference Board China Center “Quick Take”: China’s New Charity Law

By Anke Schrader, Senior Researcher, and Minji Xie, Research Analyst, The Conference Board China Center

China’s first comprehensive charity law was passed last month by the National People’s Congress. It intends to provide a comprehensive set of rules to govern and promote China’s rapidly evolving charitable sector. To date, the sector has been governed by a set of conflicting and vague regulations. The Charity Law will go into effect on September 1, 2016, and will supersede all previous laws regulating the charitable sector.

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Apr
07
2016

Philanthropy Can Be Instrumental in Growing Your Company’s Value

By Alice Korngold, Co-Editor, Giving Thoughts Blog, and Author, A Better World, Inc.: How Companies Profit By Solving Global Problems… Where Governments Cannot

Your corporate philanthropy program should be designed to help achieve your company’s foremost objectives. For many companies, these goals include growing demand for your products in emerging markets, building a more diverse consumer base to grow market share, and attracting and retaining a significantly larger workforce in a challenging environment.

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Mar
29
2016

Corporate Venture Capital for Social Impact: Medipass

By Dr Rob John, Visiting Senior Fellow, National University of Singapore Business School, and Advisory Board Member, The Conference Board Initiative on Corporate Philanthropy

In my previous post, I introduced the idea that some companies are using corporate venture capital (CVC) to invest in businesses that intentionally create environmental or social value. I also featured a case study about the Pearson Affordable Learning Fund (PALF), which invests in “novel educational innovations with commercial potential.” Today’s post continues the theme of CVC, looking at the Italian healthcare company, Medipass.

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Using Corporate Philanthropy to Build Long-Term Perspectives

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