Looking back 90+ years to the 1920s, corporate financial disclosure was in essence, a joke. (Why, said one public company leadership, would we ever tell investors what our real financial condition is!) Financial reporting was voluntary! And then…came the 1929 market crash.
Anyone with the idea that CEOs and companies can now stand down with a new Administration has sorely underestimated corporations. They will still fill the role of CEO statespeople Yet, the role of a company will change when a little less rests on their shoulders alone. There is still plenty to do to meet the needs of people and planet, and we may have to make up for lost time.
With every search, Bing users earn rewards that are donated to a cause of the user’s choice and matched by Microsoft
CALGARY, Alberta, December 15, 2020 /3BL Media/ – Benevity, Inc., the leading provider of global corporate purpose software, today announced that Give with Bing users have donated Microsoft Rewards points valued at over US$1.5 million to more than 30,000 nonprofit organizations around the world, including matching funds contributed by Microsoft since April. Microsoft will continue to match donations under the Give with Bing program through December 31, 2020, doubling the impact for nonprofits this holiday season.
First-ever Child Rights and Business Assessment launched in Canada
TORONTO, December 10, 2020 /3BL Media/ – In celebration of Human Rights Day, UNICEF Canada and Global Compact Network Canada today launched the first-ever Child Rights and Business Assessment to help Canadian businesses assess their impact on children’s wellbeing. The tool provides ten recommendations for Canadian companies to become champions for children and includes examples of how leading Canadian companies are currently reporting on their efforts to address children’s rights.
Initiative will benefit 110 artisanal fisher families in the Gulf of Nicoya, Costa Rica
Digital tool will allow direct placement of their responsible fishing products, as strategy for the sector’s economic recovery
San José, Costa Rica, December 9th 2020 /3BL Media/ - MarViva Foundation and Moody's Foundation formalized an agreement to support economic recovery in fishing communities through technological innovation for the commercialization of marine fish.
Herbalife Nutrition’s Nutrition for Zero Hunger initiative works with global partners to help take hunger to zero
Hunger, food insecurity and malnutrition affect billions of people every day, and according to the United Nations’ State of Food Insecurity 2020 Report, rates are rising. The pandemic will add as many as 132 million more people to the total number of the world’s hungry in 2020 alone. These numbers are alarming. The issue has become so prominent that the United Nations has named eliminating hunger as one of its sustainable development goals (UNSDG) for the coming millennium.
Change is a-coming – quite quickly now – for corporate sustainability reporting frameworks and standards organizations.
Before the disastrous October 1929 stock market crash, there was little in the way of disclosure and reporting requirements for companies with public stockholders. The State of New York had The Martin Act, passed in 1921, a “blue sky law” that regulates the sales and trades of public companies to address fraud issues.
Tom Crohan, Vice President & Counsel, Corporate Responsibility & Government Relations at John Hancock, joins host and Common Impact CEO Danielle Holly to talk Skills for Cities and John Hancock’s response to COVID-19, racial injustice, and social inequity. John Hancock co-hosted this year’s Skills for Cities day of cross-sector collaboration aimed at supporting racial justice and BIPOC-led nonprofits amidst the dual pandemic of racism and COVID-19.
More than $55 million was donated on December 1, 2020, showing continued impact and momentum through global corporate purpose programs
CALGARY, Alberta, December 3, 2020 /3BL Media/ – Benevity, Inc., the leading provider of global corporate purpose software, today announced that $55.5 million was raised on GivingTuesday 2020 (December 1, 2020) through its platform, an increase of 61 percent over the $34 million raised in 2019. This number is expected to increase as the dollars committed through companies’ payroll systems — the most cost-effective way to donate — make their way to 44,600 nonprofits.