Corporate Citizenship Perspectives

Harnessing employee skills to improve financial literacy in youth

Posted by Colleen Olphert, Director, Membership and Member Services on Jun 4, 2018 4:22:12 PM

The following is excerpted from Issue 23 of The Corporate Citizen. To learn more about how your community involvement efforts can connect to overall business success, read the Community Involvement Study, available exclusively for members. Not a member? Learn more about corporate membership with the Boston College Center for Corporate Citizenship. 

Vanguard_My Classroom EconomySince first opening its doors in 1975, Vanguard has flourished using a business model that is built on three foundational values: integrity, focus, and stewardship. A "mutual" mutual fund company, at Vanguard there are no outside owners—instead, the company is owned by its funds, which in turn are owned by their shareholders. As such, Vanguard has the privilege of serving as a dedicated steward of not only its clients' investments—but also of its communities, as the firm understands that strong communities are key to sustainable growth and prosperity. 

Vanguard also understands that these communities are only as strong as their most vulnerable members—children. That's why Vanguard's Office in Community Stewardship focuses its efforts to advance early childhood development and education.

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Topics: Finance, Corporate Community Involvement, Value of Corporate Citizenship, Youth, Education

For this company, corporate responsibility is an investment in the future workforce

Posted by Patricia MacKenzie, Director of Marketing & Communications on Jan 11, 2018 9:52:21 AM

At the Boston College Center for Corporate Citizenship’s International Corporate Citizenship Conference, CSR leaders from around the world gather to share insights, tools, and tactics. Below, we share a story from last year’s conference, appearing originally in Issue 20 of The Corporate Citizen magazine, which details how State Street—the event’s 2017 convening sponsor—is working with five partners to advance job readiness today while strengthening its future workforce.

This year, our 2018 convening sponsor Travelers will share the benefits of a long-term approach. Other speakers will include award-winning writer and speaker Terri Trespicio, as well as experts from EY, UPS, and more. Now is the best time to register, because for a limited time you SAVE $200 on registration!

International-Corporate-Citizenship-Conference-Mar2018.jpg

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Topics: Partnerships, Corporate Community Involvement, Value of Corporate Citizenship, Youth, Workforce, Best Practices, Education, Impact

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: Management, Value of Corporate Citizenship, Business Case, Youth, Return on Investment (ROI)

Case Study: Aligning workplace giving, corporate philanthropy, and volunteering at KPMG

Posted by Colleen Olphert, Director, Membership and Member Services on Dec 23, 2015 7:20:00 AM

The following is excerpted from the Boston College Center for Corporate Citizenship’s most recent research report, the Community Involvement Study 2015. KPMG_Corporate_Giving.jpgTo learn more about corporate giving, consider joining us for Corporate Giving: An Introduction to Corporate and Foundation Giving

To most effectively address social issues through community involvement efforts, many companies take a holistic approach, developing efforts that work in tandem to achieve the greatest possible business and social value. Workplace giving efforts are an important component of these efforts, and are often used by companies to augment the more traditional corporate giving and volunteer initiatives.

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Topics: Volunteer, Giving, Corporate Community Involvement, Youth, Signature Programs

Fostering a more promising and productive future through mentorship programs

Posted by Stewart Rassier, Director of Executive Education on Jan 19, 2015 9:00:00 AM
Mentoring-079109-editedIn 1897, Andrew Carnegie, the industrialist credited with leading the enormous expansion of the American steel industry, appointed the 35-year-old Charles M. Schwab as his successor as president of Carnegie Steel. Schwab had started as a low level engineer at the company and first impressed Carnegie with his talents as a pianist at a party. This jump-started a close mentoring relationship between the two, and in a relatively brief period of time, Schwab was groomed to follow Carnegie as head of the company. Schwab’s business success even after he left Carnegie Steel is largely credited to Carnegie’s interest in his high-potential protégé.
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Topics: Volunteer, Value of Corporate Citizenship, Leadership, Youth, Education, Involvement

Alcoa Foundation: Providing today’s youth with the skills to prepare them for tomorrow

Posted by TSimpson on Nov 26, 2013 4:25:00 AM

AF LogoWith employees in 30 countries across the world, Alcoa is truly a global company. Given the extent of its reach, Alcoa Foundation, the charitable arm of Alcoa, designs its community giving platform with this global audience in mind, developing scalable programs in partnership with select nonprofit organizations. In September 2013, Alcoa Foundation announced a global initiative for unemployed youth in ten Alcoa communities in Australia, Brazil, Canada, France, Jamaica, Spain, United Kingdom and United States. Through the Internships for Unemployed Youth Program, participating youth will receive the education and training necessary to pursue a career in manufacturing. Suzanne van de Raadt, Global Communications Manager, Alcoa Foundation, provided some insight into the history of the program and the tools Alcoa has used to manage its execution across geographies.

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Topics: Partnerships, Corporate Community Involvement, Global, Youth, Non-Profits, Education, Signature Programs

Mentoring Matters at First Niagara

Posted by TSimpson on Jun 5, 2013 6:00:28 AM

First Niagara Foundation 2013 logoFirst Niagara is committed to community investment and development as a part of its corporate giving platform. Its primary focus areas are supporting youth and education initiatives. Both of these areas are the focal points of First Niagara’s signature program, Mentoring MattersSM.

Mentoring Matters is First Niagara’s company-wide, charitable giving program that provides monetary and employee volunteer support to exemplary mentoring organizations. Established in 2007, the program connects First Niagara with innovative mentoring program providers throughout the bank’s primary service areas in New York, Pennsylvania, Connecticut and Massachusetts. In 2012, First Niagara awarded nearly $1 million to 33 impactful organizations through the 2012-2013 Mentoring Mattersgrant program.

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Topics: Corporate Citizenship, Partnerships, Engaging Employees, Giving, Youth, Workplace, Impact, Signature Programs

Conference speakers share stories of how companies can make a difference

Posted by Tim Wilson on Apr 22, 2013 6:22:42 PM

A theme emerged from the 2013 International Corporate Citizenship Conference general sessions of the many ways companies are making a difference in business, in communities and in society. Center for Corporate Citizenship Executive Director Katherine V. Smith opened the day by reminding attendees that it was Earth Day, a time when all sectors and people recognize how they can make a difference in the environmental sustainability of the planet and eco-system we all share.

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Topics: Corporate Citizenship, Conference, Corporate Community Involvement, Youth, Signature Programs

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The Boston College Center for Corporate Citizenship is your resource for insights, research, trending topics, and executive education in the corporate citizenship field.

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