Giving Thoughts

Jun
09
2016

Collaborate or Compete? When it Comes to Corporate Responsibility, How about Both

By Tim Mohin, Director of Corporate Responsibility, Advanced Micro Devices

We would all like to think that companies collaborate on social responsibility—after all, combining the resources of corporations can increase the impact they can have on social issues. And for the most part, they do. But, let’s not sugarcoat this, companies use their corporate social responsibility (CSR) efforts as a source of competitive advantage. And, as CSR rises in importance, the competition over being responsible is heating up.

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Jun
06
2016

Leading Corporations Gained Competitive Advantage through Societal Engagement Programs

By Alex Parkinson, Senior Researcher and Associate Director, Corporate Leadership, The Conference Board

In the most complete annual analysis of corporate societal engagement, CECP, in association with The Conference Board, found in their annual Giving in Numbers survey that companies continue to recognize the connection between corporate social responsibility and building a strong business.

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Jun
02
2016

“Big Issues, Many Questions” by CEP: A Response Focusing on Corporate Foundations

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 Alex Parkinson, Senior Researcher and Associate Director, Corporate Leadership, The Conference Board

In his essay on pressing issues facing U.S. foundation leaders and boards, Phil Buchanan, president of the Center for Effective Philanthropy, recommends that foundations become more relevant in serving society. Corporate foundations are in a strong position to meet this demand, since they are influenced by market forces.

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May
31
2016

Corporate Support for the Social Enterprise Ecosystem 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

In my forthcoming working paper on the changing face of corporate philanthropy in Asia I’m exploring how giving by businesses is influenced by new models of philanthropy and the rise of social entrepreneurship. In previous posts, I’ve given examples of how corporate venture capital funds are investing in early stage enterprises that generate social value profitably; how skills-based volunteering is helping to strengthen the strategy and operations of nonprofits; and the potential for giving circles to engage employees with charities in their community. In this final post, I’ll illustrate how two Asian listed companies have fully embraced the growth of social enterprise through a range of innovative activities that support individual enterprises and their ecosystem.

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May
24
2016

Giving and Receiving: Where Philanthropy and Corporate Value Intersect

By Cecily Joseph, VP, Corporate Responsibility & Chief Diversity Officer, Symantec Corporation

Symantec’s vision is to make the world a safer place, and to accomplish this we need a team with the diversity of expertise and experience to protect against threats, both known and unknown. I believe that diversity helps us understand our customers better, enables us to respond to trends more quickly, and stimulates innovation. This is why we’ve made investing in diversity—both internally and more broadly in society through our philanthropic partnerships—a priority at Symantec, not just because it’s the right thing to do, but because it directly translates to a higher performing industry, company and bottom line.

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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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The Giving Thoughts Series is an online publication in which corporate philanthropy experts delve into the most pressing issues affecting our members.

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Using Corporate Philanthropy to Build Long-Term Perspectives

Making Sense of Social Impact Bonds for Companies

Nielsen and the World Food Programme: Revolutionizing Data Collection

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