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.
By Heather Nesle, President, New York Life Foundation
Every day, New York Life’s field force is tasked with helping individuals and families secure their financial futures and prepare for the unexpected. We are there during some of our clients’ most painful times and we see firsthand how grief impacts families. This deep connection to people in communities across the country has driven our philanthropic focus on childhood bereavement. Through the course of this work, we began to see an urgent need for more grief support at school.
Chief Executives for Corporate Purpose (CECP) congratulates the companies that took a bold step to sign on to the Businesses Roundtable (BRT) statement. We are proud of the progress CECP companies have made since our founding 20 years ago and see the statement as the next step in advancing business as a force for good.
By André Solórzano Senior Manager, Data Insights, Chief Executives for Corporate Purpose (CECP)
It’s the most wonderful time of the year, and no, we don’t mean the holidays! We mean the release of the annual Giving in Numbers infographic, which offers the public the very first look at the latest trends that are defining the strategies behind corporate social investments in 2018. CECP’s Giving in Numbers is the unrivaled leader in benchmarking on corporate social investments, in partnership with companies.