Philanthropy isn't the only way corporations can be socially responsible, but it is a highly visible one. Ross Sanner discusses three companies that are doing philanthropy right.
The research is clear — consumers care
more and more about companies’
SOCIAL RESPONSIBILITY
Philanthropy is just one part of being a
socially responsible company.
But it’s a highly visible part that’s
easy to quan>fy and compare.
So let’s do exactly that.
Here are 3 companies that are
pioneers in their corporate
philanthropy efforts:
Bill Gates is almost as famous
for his charitable efforts as he
is for founding MicrosoG.
MicrosoG clearly embodies those same
values. Since 1983, the company and its
employees have donated a total of $6.5
billion, including cash, services, and
soGware.
$6.5 BILLION!
FedEx may be great at delivering mail and
packages. But they’re also great at
volunteering in the community.
FedEx focuses its efforts in
three main areas:
• emergency and disaster relief
• environmental sustainability
• child pedestrian safety
When it comes to disaster relief, Fedex has
been a big help in dona>ng to the places
that need it most.
They’ve shipped humanitarian goods to Ethiopia,
sent shipments to help tsunami vic>ms in Japan, and
donated air supply flights in response to the
Somalian famine.
Intel is no slouch either. The Intel Founda>on
contributes millions of dollars every year for
educa>on grants, disaster relief efforts, and local
community programs.
More than 40% of Intel’s employees volunteer
together, dona>ng thousands of hours each year.
From 1996-‐2012, Intel employees have logged
over 7.5 million hours of volunteer work and over
$49.5 million in employee volunteer matching
grants.