CSR Chronicles: Nurturing a Responsible Business World

Explore corporate social responsibility in our category, "CSR Chronicles: Nurturing a Responsible Business World." Dive into ethical business practices, sustainability, and community engagement. Chronicles showcase transformative corporate initiatives. Discover inspiring stories, insights, and CSR trends. Join a community fostering positive change with articles spotlighting successful endeavors and strategies. Let "CSR Chronicles" guide your journey to responsible corporate choices within our broader blog.

The Increasing Strength of CSR to Change the Face of Business

CSR & Business

Any large company executive knows that corporate giving is an essential piece of their business model. What started in the mid-twentieth century as a grassroots effort to limit the power and spread the wealth of large for-profit businesses, has now been embraced by top corporations to better their company and community. The result is a revolutionized standard for how we view and operate businesses. With the ever-growing ability to interact with potential customers, corporations have discovered that people respond well to benevolence; they support the business that supports others and makes a positive impact in their community. Corporate social responsibility has successfully woven itself into the corporate world, and not only is it here to stay, it seems to be growing in power, presence, and profit.

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Case Studies in CSR: Samsung "Solve for Tomorrow" Contest

Samsung Solve for Tomorrow

The 6th annual Samsung Solve for Tomorrow Contest wrapped up earlier this year, and in doing so, provided $2 million in Samsung Technology to public schools across the United States. The Solve for Tomorrow Contest was launched in 2010 by Samsung to support and encourage science, technology, engineering and math (STEM) education among K-12 students. The goal is to increase students' enthusiasm for STEM learning while also encouraging them to use that learning to help make a difference in their community. Samsung partners with BrainPoP, the National Environmental Education Foundation, and Adobe to make this contest possible. Entry into the contest is straightforward: contestants make a two-minute video describing how their project improves their community.

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CSR Spotlight: Expedia is Helping Cancer Patients See the World

Expedia Dream Adventures

Between treatment, hospitalization, pain and fear, children battling cancer often have fewer opportunities to travel and go on adventures in the outside world. Additionally, as escapism serves as a comfort to many cancer patients, the inability to go on outdoors adventures can be disheartening.

Recently, Expedia has joined forces with St. Jude Children's Research Hospital to bring global adventures to young cancer patients through Expedia's Dream Adventures program. After learning of a child's greatest travel dreams, Expedia volunteers travel to these locations to make these dreams a reality. Using 360° cameras and live-streaming technology, the volunteers film these adventures while the child sits in a room with the real-time footage projected on the walls. Children can interact with the volunteers and play an active role in their adventures.

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Case Studies in CSR: The Motorola Solutions Foundation Grants $3.5 Million to STEM Education

Motorola Solutions Grants

Fueled by a goal to encourage education in the essential fields of science, technology, engineering, and math (STEM), the Motorola Solutions Foundation will grant $3.35 million in grants to women and minority students. The Motorola Solutions Foundation seeks to make education better accessible for everyone, especially demographics that lack representation in the STEM fields.

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Case Studies in CSR: Unilever

Unilever

Typically, when people think about sustainability in the realm of Corporate Social Responsibility (CSR), they think about the specific activities of companies, such as conservation of natural resources and the integration of alternative energy in buildings and factories.

Some companies, however, take sustainability a step further in their CSR efforts. Unilever, a British-Dutch multinational consumer goods company, focuses not only on the specific activities of their company, but also the supply chain that supports it, as well as the activities of its customers and consumers. This effort to go above and beyond the norm by making sustainable living commonplace is why Unilever is widely regarded as one of the few truly sustainable businesses in the world.

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Giva Salutes: Warby Parker

Warby Parker

At Giva we search for organizations, large and small, that are doing a great job of changing the world around them for the better; and we are pleased to salute them here.

B Corporations, for-profit corporate entities that pledge to achieve social goals, are taking the world of Corporate Social Responsibility (CSR) by storm. As of June 2015, there are 1,304 certified B Corporations across 121 industries in 41 countries and these numbers continue to rise. B Corporations, or "B Corps" for short, are generally committed to a specific social mission that is incorporated into their business model right from the get-go or at any stage in their growth. Just as LEED Buildings are held to certain standards, B Corps are regularly certified by a nonprofit called "B Lab" to meet rigorous standards of social and environmental performance, accountability, and transparency. Such designation as a B Corp is becoming increasingly sought after as it distinguishes between companies with verifiably superior CSR strategies and those who are lagging behind. In this post, Giva shines the spotlight on a leading member of the B Corp community—Warby Parker.

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Case Studies in CSR: Patagonia

Patagonia

Founded in 1973 by entrepreneur and outdoor enthusiast, Yvon Chouinard, Patagonia is a privately held outdoor clothing company based in Ventura, CA. The company's CSR vision consists of two main components: environmental conservation and restoration. As stated in its website, Patagonia's mission is to "build the best product, cause no unnecessary harm, use business to inspire and implement solutions to the environmental crisis." Upon further investigation, however, it is clear that this mission statement does not fully capture the intense breadth and depth at which these core environmental values are integrated into everything Patagonia does. The company's commitment to the environment goes above and beyond what is required by law, despite the fact that this imposes extra cost on its customers and puts the company at a competitive economic disadvantage. Here are some highlights of the company's efforts to steer the clothing industry in a more sustainable and responsible direction.

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Case Studies in CSR: Wells Fargo Donates $500,000 in Grants to Help the Homeless

Wells Fargo Logo

Wells Fargo & Company announced earlier this year that they will be providing a sum of $500,000 to two nonprofit organizations, The Road Home and The Community Foundation of Utah. Both of these nonprofits are dedicated to assisting the homeless in Salt Lake City.

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10 Key Findings on the Rising Role of CSR

Rising Corporate Social Responsibility

Today's consumers are savvier than ever when it comes to Corporate Social Responsibility (CSR). A recent nine-country consumer survey of attitudes, perceptions, and behaviors around CSR conducted by Cone Communications shows that CSR is much more than a mere afterthought or minor consideration for shoppers around the globe. The study reveals that CSR is now deeply integrated into how consumers lead their lives, what products they purchase, and even where they choose to work. With these findings come new pressures for companies to break through and leverage CSR to obtain a competitive advantage. Below, Giva has carefully selected 10 insights from the survey for companies looking to effectively engage global citizens in CSR efforts:

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B Labs: B the Change

B Lab Logo

B Lab, the nonprofit behind B Corps, believes there is a different framework for success in business—the organization encourages businesses to be the best for the world, rather than merely the best in their respective industries. The nonprofit created the B Corporation certification, and awards for-profits this title if they demonstrate committed vows to transparency, accountability, sustainability, and performance.

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