Corporate Citizenship Blog

The business case for youth mentoring

Posted by Stewart Rassier, Director of Executive Education on Sep 28, 2016 8:00:00 AM

In the United States, approximately 5.6 million youth between the ages of 16 and 24 are disconnected from school and work, and many are not getting the support they need to drive greater engagement. One in three young people— nearly 16 million— will reach the age of 19 without having ever had a mentor in their life of any kind. These rates are even higher for at-risk youth, who experience higher rates of poverty, limited networks, and under-resourced schools.[1] Research shows that even one positive, consistent, caring, relationship with an adult can offset nearly every risk factor in a young person’s life and improve their chances of success.

Today, companies of all sizes are recognizing the role they can play in filling this “mentorship gap” and have simultaneously discovered that they can use mentorship programs to realize both business and corporate responsibility goals. According to the Boston College Center for Corporate Citizenship’s most recent Community Involvement Study, companies consistently rank youth programs as one of the most important social issues addressed through their community involvement efforts (See Figure A).

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Topics: Community Involvement, Management Practices

Corporate Citizenship Career Path: Executive Forum

Posted by Katherine V. Smith, Executive Director on Sep 21, 2016 8:00:00 AM

The following is excerpted from Issue 17 of The Corporate Citizen. To learn more about how you can develop the strategies and skills that will prepare you to lead your teams and colleagues to a new level, consider applying for our Leadership Academy, which will be help on campus at Boston College November 14-18. Also, check back for further insights from our Executive Forum in future Career Path installments.

For more than six years, the Boston College Center for Corporate Citizenship has benefited from the guidance and expertise of its Executive Forum. This unique network brings together senior-level professionals from a wide range of industries to provide corporate citizenship leadership, inspiration, and knowledge, and influence the public discourse of the role of business in society. Here, a sampling of Forum members share their journeys to corporate citizenship leadership, as well as what they’ve learned along the way.

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Executive Forum at the 2016 International Corporate Citizenship Conference

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Topics: Corporate Citizenship, Professional Development

Continual improvement at Dogeared: For the business and the community

Posted by Colleen Olphert, Director, Membership and Member Services on Sep 12, 2016 3:37:00 PM

The following is excerpted from Issue 15 of The Corporate Citizen. To learn more about how you can engage your employees and contribute to your communities by developing a strategic corporate citizenship plan, consider joining us in San Francisco on November 2-4, 2016 for our Corporate Citizenship Strategy: Connect to Your Business and Community course.

For companies with a smaller operational footprint—even though they may have national or even global brand exposure—great value can be achieved by developing a foundational ethos, applying that mission to every aspect of business, from design through delivery, and incorporating it into community involvement strategy.

Founded in 1991 by Marcia Maizel-Clarke and Merlin Clarke, Dogeared, a global accessories brand that focuses on handcrafted jewelry, was built on the premise of community. The company sources the majority of products and materials locally from vendors around the Los Angeles area. Local artisans handcraft all of the company’s unique charms, and jewels are designed and assembled on-site in their Southern California studio.

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Topics: Member Spotlight

The key to sustainable business

Posted by Katherine V. Smith, Executive Director on Sep 6, 2016 8:30:00 AM

Ideas_175px.jpgAs we head out of the dog days of summer, the transition to Fall brings more bustle to the rhythm of work and life for many of us.  It is easy to feel like the grind of our fast-paced business world will govern our every action and bit of our attention for the next 11 months. 

After all, our work is full of innumerable necessary tasks: prepare the sustainability report; develop the employee volunteer project; meet with the Green Teams to get the office recycling campaign going; create corporate citizenship talking points for your CEO’s next investor presentation; the list goes on and on…

Something’s gotta give, right?  Here’s one thing that you should never let slip off of your list:

Take time to ask, “What if…?”

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Topics: Business Perspectives, Professional Development, Management Practices

The GRI reporting framework is changing. What do you need to know?

Posted by Stewart Rassier, Director of Executive Education on Sep 2, 2016 8:30:00 AM

GRI-1.jpgTo keep up with global trends and challenges, GRI continually refines its guidelines, employing a multi-stakeholder approach to ensure that the reporting tool aligns the current needs of companies with the needs of society to better support meaningful change through corporate action. This year, GRI is transitioning G4—its most comprehensive and up-to-date reporting framework—from guidelines to standards, and has proposed three Universal Standards, as well as 35 Topic-Specific Standards. The organization is in the process of receiving feedback from global stakeholders on its draft Standards, having released them in April.

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Topics: Reporting, GRI/G4

Data philanthropy: The high-tech future of social impact

Posted by Stewart Rassier, Director of Executive Education on Aug 30, 2016 10:36:25 AM

Modern businesses use data primarily for competitive advantage—to give their customers the best experience, to gain entry into new markets, to become faster, smarter, better. Whether they are gathering data on their customers’ purchasing habits or planning flight patterns, companies are collecting more detailed information than ever.

How this information is collected, stored, and used is a growing area of corporate citizenship focus. As reported in the Boston College Center for Corporate Citizenship’s 2014 State of Corporate Citizenship, nearly 80 percent of executives consider consumer data protection and privacy to be a top corporate citizenship priority (see Figure A).

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Topics: Management Practices, Data Philanthropy

Corporate Citizenship Career Path

Posted by Katherine V. Smith, Executive Director on Aug 25, 2016 9:36:51 AM

The following is excerpted from Issue 17 of The Corporate Citizen. To learn more about how you can develop the strategies and skills that will prepare you to lead your teams and colleagues to a new level, consider applying for our Leadership Academy, which will be help on campus at Boston College November 14-18. Also, check back for further insights from our Executive Forum in future Career Path installments.

For more than six years, the Boston College Center for Corporate Citizenship has benefited from the guidance and expertise of its Executive Forum. This unique network brings together senior-level professionals from a wide range of industries to provide corporate citizenship leadership, inspiration, and knowledge, and influence the public discourse of the role of business in society. Here, a sampling of Forum members share their journeys to corporate citizenship leadership, as well as what they’ve learned along the way.

Career_Path_group_Summer_2016.png
Executive Forum at the 2016 International Corporate Citizenship Conference

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Topics: Corporate Citizenship, Professional Development

Merck Investing in Mothers: to reduce preventable maternal mortality worldwide

Posted by Colleen Olphert, Director, Membership and Member Services on Aug 17, 2016 8:30:00 AM

The following is excerpted from Issue 17 of The Corporate Citizen. To learn more about how you can create programs that prioritize the corporate citizenship issues that are most important to your stakeholders and business contextand make the best use of your resourcesconsider joining us in Miami on January 18, 2017 for our course: Materiality: How to Determine what Matters to Corporate Citizenship Strategy and Reporting

Around the world, leaders are coming together to address social and environmental issues, and the role for business has never been greater.

 In 2015, corporate citizenship took unprecedented steps forward. Multiple stakeholders—including business leaders—worked to develop multilateral agreements to combat climate change and ensure sustainable progress. The Paris Agreement and the United Nations Sustainable Development Goals (SDGs) represent years of work and hope. With 17 new objectives and 169 specific targets that address issues ranging from education and inequality to economic growth and the environment, the SDGs are encompassing.150921_MERK_UGANDA_DAY4_KAMPALA_127_855_high.jpg

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Topics: Member Spotlight

Proving corporate citizenship success: What to measure and how to gather data

Posted by Stewart Rassier, Director of Executive Education on Aug 5, 2016 3:00:00 PM

MeasurementArt.pngMeasuring and evaluating corporate citizenship efforts are critical steps in managing and improving programs. Increasingly, your stakeholders—executives, investors, customers, and employees to name a few—expect that the results of corporate citizenship investments can be quantified. Research shows that careful planning and evaluation can strengthen corporate citizenship performance, and deliver benefits such as improved reputation, higher employee engagement, and better resource management. One recent study showed that firms that create formal corporate citizenship programs that included specific targets and measures outperformed financially companies that did not over the long term.[i]

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Topics: Measurement

Sustainability reports getting attention from investors and regulators

Posted by Katherine V. Smith, Executive Director on Aug 2, 2016 12:52:36 PM

going-green-tree-wellness-sustainability.jpgThis spring, the Securities and Exchange Commission (SEC) opened for comment a review of its Regulation S-K filing—inviting comment on both form and substance of disclosures for companies listed on U.S. stock exchanges. Among many other matters, the SEC consultation document sought comment on whether disclosure on sustainability and other matters related to social policy should be mandated.

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Topics: Business Perspectives

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Welcome to the Boston College Center for Corporate Citizenship blog, we are your resource for corporate citizenship insights, research, trending topics and professional development. Our blog is a place to exchange ideas and learn about corporate citizenship.

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