5.24 Include organizational philanthropy policies
Business Strategy And Product Management
Provide the opportunity to give back to the community through charitable or volunteer efforts via your organisation.
Criteria
- Philanthropy policy: Machine-testable
Establish a clear corporate giving policy and create philanthropic partnerships with strategically aligned organizations.- 1% For The Planet
- 7 Powerful CSR Strategies that Drive Philanthropic Impact
- 14 Types of Corporate Philanthropy You Should Know About
- How to develop meaningful corporate-charity partnerships
- Our Corporate Philanthropy Practices
- United Nations SDGS – Goal 1 – Poverty
- United Nations SDGS – Goal 3 – Health & Well-being
- United Nations SDGS – Goal 4 – Education
- United Nations SDGS – Goal 8 – Economics & Work
- United Nations SDGS – Goal 13 – Climate Change
- What is Chicago Cause?
- Voluntary work: Human-testable
Engage in free or volunteer projects to help teams learn new tools and tactics, while also helping charities and non-profit organizations to build capacity.- 7 business benefits of employee volunteering
- Benefits of Organisations Engaging in Voluntary Work
- Employer-supported volunteering
- Our 10% Time Program
- The benefits of corporate volunteering in the workplace
- Side Project Programs Can Have Major Benefits for Employers
- United Nations SDGS – Goal 1 – Poverty
- United Nations SDGS – Goal 3 – Health & Well-being
- United Nations SDGS – Goal 4 – Education
- United Nations SDGS – Goal 8 – Economics & Work
- United Nations SDGS – Goal 13 – Climate Change
Benefits
- Economic
Following clear philanthropic strategies means there is usually a system of checks and balances in place to support better financial practices overall. - Operations
Having clear philanthropy strategies that include volunteer or free projects with team stretch goals can boost employee engagement and retention.
GRI
- Materials: High
- Energy: High
- Water: High
- Emissions: High