The CSR Food for Thought series is a weekly roundup of relevant news from around the Web, presented to you in one bite-sized blog post. Follow us on Twitter for CSR news and trends throughout the week: @VM_Solutions.
The proof is in the profits – or the decline of them. Revenue numbers are showing that companies seen as “cool with a purpose” by Millennials are showing more revenue success. Huh? This Triple Pundit article provides tips for how to be “cool with a purpose,” and provides suggestions for building a revenue growth strategy that satisfies these Millennial activists.
Speaking of Millennials, Net Impact just released its 2014 edition of “Business as UNusual.” This is the Social and Environmental Impact Guide to Graduate Programs. Key findings suggest that social and environmental issues are a growing priority for students who pursue a graduate education, and that student expectations have increased as a result. Of course, when all those MBA students graduate, they’ll be looking for companies that espouse these same values, so better take notice now…
Five years ago, Best Buy set what many thought was an impossible goal: collecting 1 billion pounds of electronics and appliances by the end of 2014. Not only did the retailer surpass that target this summer, its leadership just pledged to manage an additional 2 billion pounds by 2020 through its takeback program, which spans more than 1,400 U.S. stores. Instead of resting on its proud laurels and patting itself on the back, Best Buy is renewing its commitment to sustainability and getting its massive consumer base involved. We love it!
In a city as that exemplifies the importance of corporate community involvement, six socially responsible companies were honored last week as winners of the 2014 VolunteerMatch Corporate Volunteer Awards. This year’s winners all show true commitment to their communities and to deep engagement of their employees. Learn about the winning programs and get inspired!