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Tag: Corporate Social Responsibility

  • PSEG Foundation gives $100K to Island Harvest Food Bank | Long Island Business News

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    The PSEG Foundation is donating $100,000 to Island Harvest Food Bank to support efforts to combat food insecurity.

    The donation is part of an initiative to provide $1.5 million in grants to more than 25 community organizations on Long Island and in New Jersey that provide critical assistance to households facing economic hardship.

    “PSEG Long Island is proud to have partnered with Island Harvest for years to collect, sort and distribute meals to our neighbors suffering from food insecurity – one of many key partnerships that reflect our commitment to giving back to the communities where we live and work,” David Lyons, interim president and cheif operating officer of PSEG Long Island, said in a news release about the grant.

    The funding comes at a time when food banks on Long Island report up to a 30 percent increase in food insecurity and demand for assistance, with some people just steps away from financial hardship especially when facing unplanned expenses.

    Experts say can help.

    The PSEG Foundation investment aims to strengthen the capacity of nonprofits to maintain essential services and to support food banks, while promoting the long-term impact of these organizations at both the state and community levels.

    “We have seen firsthand the good work Island Harvest has done, and we are thrilled that the PSEG Foundation is ensuring that even more good can be done through this $100,000 grant,” Lyons said.

    PSEG Long Island and the PSEG Foundation look to foster partnerships with “organizations that understand local needs,” Calvin Ledford Jr., president, PSEG Foundation and director of at PSEG, said in the news release.

    “During times of economic challenges and hardship, these collaborations allow us to deliver meaningful solutions that directly benefit families,” he said.

    Island Harvest is a longtime community partner of PSEG Long Island.

    “On behalf of the 240,000 people we serve who face food insecurity and uncertainty of when their next meal will come, we are incredibly grateful to direct the PSEG Foundation grant to our Hunger Relief Action Fund” Randi Shubin Dresner, president and CEO of Island Harvest.

    “The strong, long-term partnership we have with PSEG Long Island and the PSEG Foundation continues to make a positive impact on the lives of Long Islanders,” she added. “PSEG’s commitment to improving the quality of life and providing critical resources for our neighbors in need, especially during these difficult times, is truly commendable and heartwarming.”


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    Adina Genn

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  • Here’s How Corporate Social Responsibility Can Create a Great Workplace

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    Talent doesn’t just follow the money—it responds to new opportunities and improved quality of life offered by new positions. In today’s competitive job market (despite recent softening), companies aren’t just promoting open roles; they’re also selling and promoting the communities where those roles exist. If housing is unaffordable, schools are under-resourced, or the communities feel unsafe, top candidates will look elsewhere—no matter how strong the salary or brand. Investing to ensure thriving communities is not just a social good strategy; it’s a strategic business strategy.

    Boston Consulting Group reported that 52 percent of job candidates would decline an attractive job offer if the location didn’t meet their expectations. And with Paychex reporting that 57 percent of business leaders list attracting and retaining talent as top priorities, sustaining healthy, livable communities and building a homegrown talent pool are imperatives.

    Despite recent news narratives and political rhetoric, this points to a greater understanding of the connections between corporate social impact programs and long-term success in strengthening employee recruitment and retention, brand loyalty, and profit margins.

    Companies no longer view investing in their communities as philanthropy.  Rather, it’s an investment in future business success.  Companies have significant opportunities to be bold and adapt to this new reality. And if they don’t, their competitors will.

    Successful corporate social responsibility (CSR) programs are aligned with business strategies, especially efforts to develop tomorrow’s workforce and strengthen communities. According to the latest CSR Insights Survey, conducted by the Association of Corporate Citizenship Professionals (ACCP) and Your Cause from Blackbaud, 51 percent of corporate social impact professionals report increased demand for linking their programs to business value. In the same survey, respondents noted the top issue areas for social impact investments are job training/workforce development, K-12 education, and food insecurity (each scoring at 43 percent of respondents ranking as a top priority issue area for their company), followed by community revitalization (up 2 points to 36 percent) and STEM education (up 3 points to 35 percent).

    What’s behind this concentration on education and workforce issues?

    Companies are recognizing that the pipeline of future talent is at risk without their own efforts. Success depends on hooking every minnow in the pool and preparing them for a job market that is continuing to be radically reshaped by disruptive technologies. The dwindling supply of future workers and the incredibly fluid work environment reflects several widespread trends:

    First, the population is aging. As people live longer, the overall demographic is shifting towards older age groups, with younger generations making up a smaller portion of the population. And a new Baby Boom isn’t on the horizon to balance this trend. National fertility rates are at an all-time low, far below the level needed to maintain a stable population. Many young people, facing financial insecurity and a pessimistic outlook on the future, are less inclined to have children.

    Second, even if elected officials manage to bring a significant number of manufacturing jobs back to the United States — which is by no means certain — young people are neither interested in nor prepared for these positions. Despite a broader interest in trade jobs, manufacturing remains an exception. Recent news articles have noted that surveys show Gen-Z respondents have little desire for industrial roles, citing concerns over poor pay and safety.

    Third, companies are rapidly turning to machine-learning-powered applications to automate many types of work, including a large swathe of entry-level jobs.  Entry-level candidates will need to possess higher-order skills that machine-learning applications cannot handle. Job training and upskilling programs need to prepare job candidates for this future.

    In a world where disruptive technologies are redefining the workplace at lightning speed, investing in education and workforce development is no longer optional—it’s a business imperative. Companies that fail to prepare their people for this new reality risk being left behind.

    Trane Technologies, an ACCP member company, shows what it looks like to lead. For decades, the company has embedded corporate social responsibility into its long-term strategy. Today, it is doubling down with a bold approach to prepare both the workforce of today and the talent of tomorrow with the skills needed to thrive.

    Through its Sustainable Futures initiative, Trane made a $100 million investment and committed 500,000 employee volunteer hours by 2030. The initiative empowers young people and communities by expanding access to STEM and sustainability education, with a particular focus on green careers. This isn’t charity—it’s foresight. By equipping students and young learners with the skills and pathways into high-demand careers, Trane is ensuring a more resilient workforce while addressing one of society’s greatest challenges: building a sustainable future.

    Corporate social impact works best when it is aligned with business goals and community needs. Trane’s example makes the case clearly: preparing people for the jobs of tomorrow is not just good for business—it’s good for everyone.

    At its core, corporate social impact work reflects the belief that a vital society and widespread prosperity are not only ends in themselves, but also important contributors to a healthy bottom line. With a shrinking population and skills gaps looming in the future, it makes perfect sense that firms will leverage social impact programs to not only address societal problems, but also business challenges. The smartest companies won’t just respond to these challenges—they’ll lead, using social impact as a strategic tool to build stronger communities, a future-ready workforce, and long-term business value.

    The final deadline for the 2026 Inc. Regionals Awards is Friday, December 12, at 11:59 p.m. PT. Apply now.

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    Andrea Wood

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  • How to Build a Socially Responsible Employer Brand | Entrepreneur

    How to Build a Socially Responsible Employer Brand | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    The world has changed. People have changed. Why shouldn’t businesses change, too?

    Fact is, they should, and they should do it wholeheartedly — and soon. Employees and consumers alike expect more. And they’re making their employment and purchasing decisions based on the values that organizations demonstrate rather than just espouse.

    Gen Z is leading the pack when it comes to putting corporations’ feet to the fire. Deloitte research indicates that Gen Z is motivated by purpose and a brand’s good global citizenship reputation. This only makes sense. Growing up in an era of rapid information dissemination, Gen Z was hyper-aware of global issues like climate change, social inequality and human rights abuses.

    Of course, we shouldn’t assume that only Gen Z workers care about social responsibility. People of all ages and from all generations have become skeptical about companies’ corporate social responsibility efforts. They want to make sure that their employer (or future employer) isn’t just “checking the box” but is following through on promises. For instance, more than 5,000 organizations have earned Certified B Corps designations. In the future, that designation may be not just expected but standard.

    Related: Why Should Your Business Care About Social Responsibility?

    But what exactly does it mean for a business to walk the walk, not just talk the talk? For some, it means investing $100 million in the brand’s Racial Equity and Justice initiative, which is focused on addressing systemic racism through educational support. For others, it means sending 7.5% of pre-tax profits back into community organizations throughout the nation, as well as championing human rights, social and economic justice, and environmental protection. For many, it means working toward 100% carbon neutrality.

    However, for every positive corporate example, the opposite exists as well. More than one brand has found trouble in the last few years due to greenwashing ventures. Or maybe it’s a viral PR disaster like a failed commercial that made light of ongoing and serious national tensions. Audiences today will hold brands accountable for missteps as much as celebrate their success.

    The point is that your company can’t hide behind slogans or statements. To appeal to modern workers and customers, you have to showcase your commitment to social responsibility. If you don’t, you can be sure that your competitors will be the first to call you on the carpet.

    To get started, try these methods to initiate the process of folding social change into all the fibers of your corporation’s brand and culture fabric.

    1. Engage your stakeholders, not just your shareholders

    There’s no doubt that you have to be conscientious about your shareholders when you’re a business leader. Shareholder value has been the primary focus for companies for decades. However, sometimes corporate social responsibility conflicts with a focus on profits. Why? The simple answer is that corporate social responsibility often requires a sizable financial investment. Not always, mind you — consumers are starting to pay more for products and services backed by socially responsible companies. Nevertheless, your job is to look beyond just your shareholders and engage your stakeholders.

    When I refer to stakeholders, I refer to everyone with a stake in your organization, including team members. Remember: They have a choice as to where they’re going to work. Nearly seven out of 10 professionals planned to resign in 2023. You can’t afford that kind of attrition, so you need to collaborate with your employees to build a collective vision and commitment around social change. Be aware that your team members will have different visions and different appetites for what social change means. That’s a good thing because it elicits deeper conversations and helps you get closer toward your goals.

    Related: 10 Ways to Make Your Business More Socially Conscious

    2. Listen to what matters to people

    Instead of automatically arguing or debating social points, put yourself into a “listen and learn” mode. Find out what’s really important to others. Ask questions. Why do they feel the way they do? What’s important to them? What kind of stand would they like to see you take as their employer or preferred brand? You don’t have to do everything they want, but you’ll be in a better position to make decisions if you “get” them.

    After educating yourself through active, open-minded listening, you’ll be prepared to problem-solve and lead your company and team forward. By leading the charge, you can show your authentic desire to make a positive impact based on the needs and wants of your stakeholders. In other words, you’ll have a rare opportunity to demonstrate proactive leadership, innovation and creativity to the biggest societal challenges we face today.

    3. Lean into major headlines and movements

    When the “don’t say gay” headlines hit the front page of every major media outlet, did you consider saying anything about it as a company? Or did you shy away from the topic? Right now, employees and buyers want to know that their favorite brands care about what’s happening. You don’t have to rush into making a statement, of course. You just shouldn’t avoid creating a space for respectful dialogue and discussion about the subjects of the day.

    Can these types of conversations be awkward? Absolutely, which is why I recommend turning to resources and guides to help you navigate these conversations. By enabling everyone to speak their piece, you show that you value transparency within your workplace. And transparency begets trust, credibility, and accountability — all essential for building tighter teams where people feel psychologically safe and can bring their best selves to work.

    Initiating social change requires dedication, consistency and a genuine commitment to making a positive impact. Although it takes energy and investment, it’s worth every minute and penny to transform your company into one that’s seen as unfailingly socially responsible.

    Related: Corporate Social Responsibility Is More Than Just Charity — Here’s Why It’s Good for Business.

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    Gloria St. Martin-Lowry

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  • Why Corporate Social Responsibility Matters in Executive Decision-Making | Entrepreneur

    Why Corporate Social Responsibility Matters in Executive Decision-Making | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Here’s a reality that can’t be denied: The notion of corporate success is being radically reshaped. The financial bottom line is no longer seen as the sole measure of a company’s achievement. In today’s connected, hyper-transparent world, there’s a growing call on CEOs and leaders to create sustainable, measurable value for shareholders and society.

    This shift in mindset has led to the emergence of Corporate Social Responsibility (CSR) as a significant factor in executive decision-making. CSR encompasses activities aimed at achieving social, environmental and economic benefits while encouraging ethical behavior. Executives who fail to integrate CSR into their decision-making fabric run the risk of alienating stakeholders, damaging their brands, and eroding their competitive positions.

    Related: 3 Tips for Making Social Responsibility a Priority at Your Startup

    What is corporate social responsibility?

    Here’s a question: Who does your company truly serve, and how?

    The answer to this question is at the core of CSR — and may be a bit eye-opening when you consider your own organization. It’s no longer enough for a company to focus solely on generating profits and shareholder value; they must also consider their actions’ social, environmental, and economic impacts.

    Corporate responsibility encompasses the idea that companies have a duty to their stakeholders — including shareholders, customers, suppliers, employees and society — to operate ethically and transparently.

    CSR encompasses various initiatives, each of which is anchored by four key tenants:

    1. Ethical functioning: Upholding ethical standards across all business operations, ensuring stakeholder fairness, integrity and respect.
    2. Social equity: Fostering social inclusivity and development via diversity programs, support for disadvantaged communities and human rights advocacy.
    3. Environmental stewardship: Adopting sustainable practices to lessen the company’s environmental impact through waste reduction, carbon emission control and investment in green energy
    4. Community engagement: Participating in community betterment through philanthropy, volunteering, and local event sponsorship, contributing to a company’s external social responsibility profile.

    While being viewed as a socially responsible business is an excellent growth strategy, there’s more to it than just a good PR move. Here are four reasons why every leader should emphasize corporate social responsibility within their organization:

    1. Attracting and retaining talent

    Potential employees are looking beyond attractive salaries and traditional benefits. They’re interested in their company’s values, seeking employers who share their commitment to positively impacting society.

    Recent studies show that three-quarters of millennials are looking into a potential workplace’s environmental commitments when in the market for a job. And once on board, employees proud of their company’s CSR commitments tend to have higher engagement and loyalty, reducing turnover rates and boosting productivity.

    2. Building a positive corporate culture

    CSR initiatives foster a positive corporate culture. Employees feel valued when companies commit to ethical practices, invest in their wellbeing and engage in initiatives for society.

    When your internal team is united and inspired by the same values, a positive company culture radiates to external stakeholders — customers, suppliers, partners, etc. This can lead to increased trust in your brand and stronger relationships with all those involved.

    3. Strengthening community relations

    Companies don’t exist in a vacuum — they’re part of broader communities. By investing in CSR initiatives, you also invest in the health, welfare and prosperity of the community around you.

    This mutually beneficial relationship with the community builds trust and goodwill between your organization and its stakeholders, inspiring a more potent connection while helping create economic opportunity in the region you serve.

    4. Enhancing investor attraction

    Here’s another reality: CSR is a growing investor concern. Demonstrating a commitment can attract more investment, improve stock performance and increase market value. Rather than viewing CSR as an expense, it’s more effective to think of it as an investment in your organization’s future.

    Related: 5 Steps to Creating Socially Conscious Projects That Matter

    Practical steps to develop and implement CSR strategy from the top

    Developing and implementing a CSR strategy isn’t just a matter of well-intentioned ideas. It requires a structured approach, starting from the very top of the organization:

    1. Align CSR with your company’s vision and values: Before diving into specific CSR initiatives, take a step back and look at your current values. Can you easily align your CSR strategy with your company’s vision, mission and values to create an authentic message?
    2. Conduct a stakeholder analysis: Identify and analyze the needs and expectations of your key stakeholders, including employees, customers, investors and the community. This will help you identify the CSR areas that are most relevant to your business and stakeholders.
    3. Set clear and measurable goals: Set clear, measurable goals for your CSR strategy, just like any other business initiative. Track progress, adjust and aim for targets like environmental impact, employee diversity or community contributions.
    4. Create a CSR team: Appoint a dedicated team or CSR officer to drive your CSR strategy. They’ll coordinate activities, monitor progress and maintain stakeholder dialogue — with the resources and authority to execute effectively.
    5. Communicate and engage: Keeping communication channels open is critical to ace CSR. Keep stakeholders informed about CSR goals, initiatives and how far you’ve come. Engage them by inviting employees to volunteer, consulting customers on sustainability and including investors in ethical business discussions.
    6. Evaluate and adjust: Assess and adjust CSR strategy by soliciting stakeholder feedback and gauging impact. Continuous improvement is key to a successful, long-term commitment.

    Guide your company into a CSR future

    As a leader, developing and maintaining a corporate social responsibility (CSR) strategy is crucial to propel your company’s success. The more you know about the ups and downs of CSR — including the challenges and opportunities — the better equipped you are to spearhead CSR initiatives.

    The goal is to make a sustainable, long-term CSR strategy that lives up to your stakeholders’ expectations and delivers measurable results, now and in the future. Don’t take any risks that could hinder your corporate success – instead, improve your initial strategy, evaluate, and remain flexible.

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    Tim Madden

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  • 7 Methods to Make Your Business More Eco-Friendly | Entrepreneur

    7 Methods to Make Your Business More Eco-Friendly | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Today’s businesses need to focus on more than just getting the all-mighty dollar. With the rise of corporate social responsibility (CSR) and sustainability, companies are expected to do more for their communities and to give back. A tricky feat, but necessary for companies that want to stay relevant and successful. Why should businesses care about doing their part? Let’s talk about it.

    Incorporating CSR and sustainability into business strategies is essential for success no matter the size of your business. I have used the methods we will discuss to enhance my company’s business reputation, engagement of employees and foster customer loyalty. These initiatives attract individuals who share your values which will improve work culture and build stronger customer relationships.

    Related: 5 Tips to Instill Corporate Social Responsibility Into Every Aspect of Your Brand

    Examples of CSR in modern business

    My main company, Strategic Advisor Board, recognizes the importance of environmental sustainability and has established the “Environmental Stewardship Initiative” as part of its corporate responsibility program. This initiative aims to reduce the company’s environmental footprint and contribute to the preservation and protection of the environment.

    We’ve incorporated the following components that you might consider, too:

    • Energy conservation: My board members actively promote energy conservation practices within our offices and operations. This includes implementing energy-efficient technologies, optimizing heating, ventilation and air conditioning systems, and encouraging employees to minimize energy consumption.
    • Waste management: My company has implemented a comprehensive waste management system that focuses on reducing, reusing, and recycling. Recycling stations are available throughout the premises and employees are educated about proper waste segregation and responsible disposal practices.
    • Paperless operations: I am very committed in all my companies to reducing paper usage and transitioning to digital processes whenever possible. This includes utilizing electronic document management systems, promoting online communication and collaboration tools and encouraging employees to minimize unnecessary printing.
    • Sustainable procurement: One of our major focuses is prioritizing sustainable procurement practices by sourcing products and services from environmentally responsible suppliers. Factors we consider are the supplier’s environmental policies, use of eco-friendly materials and adherence to ethical and sustainable practices.
    • Employee engagement: The Environmental Stewardship Initiative actively involves employees in promoting environmentally friendly practices. As CEO, I encourage our leadership to organize awareness campaigns, workshops and training sessions to educate our employees about sustainability, conservation and the importance of individual actions in reducing the ecological footprint.
    • Community outreach: My board of directors extends its commitment to environmental stewardship beyond its own operations. It collaborates with local environmental organizations and community groups to support initiatives such as tree-planting drives, beach clean-ups and environmental educational programs. These initiatives aim to raise awareness and engage the community in environmental conservation efforts.
    • Impact measurement and evaluation: To ensure the initiative’s effectiveness, my company monitors and measures its environmental performance regularly. Key metrics such as energy consumption, waste reduction and paper usage are tracked to identify areas for improvement and set targets for continuous progress.

    Related: 10 Ways to Make Your Business More Socially Conscious

    Challenges and obstacles

    While social responsibility and sustainability may seem easy, companies may face a few issues when they begin adopting new practices. The first is that many business owners don’t understand what these policies can look like. Company owners will often say they care about the environment and their staff, but they won’t have well-defined initiatives to show how they’re following through.

    Reluctance to change is one of the biggest obstacles to promoting sustainability. Company leaders might believe the task is too daunting and think business is already going well so they don’t see a reason to change it. They also might wonder what the metrics would look like to measure the changes. Since there’s no one step or framework to CSR, many businesses don’t know where to start.

    My recommendation is to start with smaller initiatives that get everyone in the organization on board, including the customers. A local highway cleanup would be a great place to start as it’s easy to organize and will make a community-wide impact.

    Strategies for incorporating CSR into business operations

    Integrating CSR and sustainability into your business practices may appear challenging, but I have some strategies to help you put your plans into action. You’ll need leadership commitment and support. In order to do this, get down to what customers want. Create a customer survey and find out what social causes your current customers support and care about.

    According to the 2023 Business of Sustainability Index, 74% of consumers care about the environmental impact of the products they buy. Consumers are specifically searching for companies that are socially responsible to buy products from but need help recognizing which companies are environmentally friendly.

    Make it easy for your consumers to see you have CSR initiatives established in your organization. This can be done by incorporating it into your mission statement, using clear labels on your products and getting third-party tested. Make it known on your social media pages and website you can be counted on as a company that participates in CSR.

    There’s been a shift over the years to consumers willing to pay more for products that are environmentally friendly. The same report goes on to say in 2023, 68% of consumers are willing to pay more for environmentally friendly products vs. 64% in 2021. So take that into consideration when making changes to include CSR in your business and benefit from a more positive reputation and loyal clients.

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    Jason Miller

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  • 6 Ways Your Company Will Benefit From Better Community Involvement | Entrepreneur

    6 Ways Your Company Will Benefit From Better Community Involvement | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Small business owners and entrepreneurs often have a long list of things to get accomplished, and while there are seemingly not enough hours in a day, making time for community involvement should be a priority.

    The power to make a positive impact through community involvement translates to benefits for the business, customers, employees and the community.

    Here are some of the impactful benefits which accrue from business community involvement.

    1. Creates a positive workplace culture

    Ingraining community involvement in company culture creates a happier workplace. Prioritizing volunteerism and social responsibility has a positive impact on employees, improving their morale and increasing job satisfaction. According to research by Boston College, “employees with favorable perceptions of their organization’s corporate citizenship tend to experience higher levels of self-efficacy, hope and optimism about work.”

    Community involvement also improves company culture by helping to build strong teams. A study on volunteerism found that 92% of employees believe volunteer activities through work develop their people and teamwork skills, and 77% believe they strengthen relationships.

    In short, giving back to the community increases engagement in an organization, which creates a positive workplace culture.

    Related: 5 Easy Ways to Make Philanthropy Part of Your Company Culture

    2. Cultivates customer trust

    Authentically and consistently showing care for and involvement in the community builds the trust necessary for creating a loyal customer base.

    Customers trust businesses that care about the community they serve.

    When consumers believe that a business is truly invested in the community, they become more connected to that company. The positive perception fostered by giving back to the community increases customer trust, making it easy for consumers to support a business that is involved in the community over one that is not.

    3. Attracts and retains talent

    Employees today want to work for a company that gives back to the community. In fact, one survey points to community involvement as a powerful recruiting tool. More than 80% of company respondents in the survey reported that community involvement helps improve the ability to recruit employees and reduce turnover.

    There is no question that community involvement helps companies attract and retain millennial and Gen Z employees who now make up nearly half (46%) of the full-time workforce in the U.S. These generational cohorts want the companies they work for to lead the way in giving back to the community.

    Related: How Growing Businesses Can Prioritize Community Involvement

    4. It helps the community thrive

    Thriving communities are hubs for thriving businesses. Giving back to the community helps develop the community which is great for those living there and equally great for businesses located there.

    It creates a kind of symbiotic relationship that is beneficial to everyone. By investing time and money in the community, businesses can help address community problems and needs and spur economic growth.

    5. It’s easy to give back

    There are many ways for business owners and entrepreneurs to give back to their communities. It’s easy to become involved in the community by volunteering and encouraging employees to volunteer themselves, sponsoring a sports team, organizing food drives, funding a scholarship and partnering with a nonprofit organization.

    A great way to identify community involvement projects is to ask employees and customers about community needs and how the company can be most impactful in providing time, resources or money (or all of the above) to help.

    Related: The Power of Giving Back: How Community Involvement Can Boost Your Bottom Line

    6. Giving back is good business

    Entrepreneurs recognize that giving back to the community is good business.

    A survey examining the philosophies, attitudes and activities of entrepreneurs related to their communities found that 91% of entrepreneurs are currently engaging their communities outside of their business responsibilities, and 44% say their businesses have grown as a result of engaging their communities. The majority of entrepreneurs surveyed stated that their motivations to engage the community centered around personal values and passion.

    The bottom line is that community involvement is the right thing to do. Business owners and entrepreneurs should lead by example, demonstrating a passion and commitment to the well-being of the communities they serve. Amazing benefits will accrue from there.

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    Austin Mac Nab

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  • Venture for America, Uber and UBS Partner Together to Help 300 Women and People of Color Become Entrepreneurs by 2021

    Venture for America, Uber and UBS Partner Together to Help 300 Women and People of Color Become Entrepreneurs by 2021

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    Press Release
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    updated: Jun 13, 2019


    NEW YORK, June 13, 2019 (Newswire.com)
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    ​​Venture For America (VFA), a two-year fellowship program for recent college graduates interested in entrepreneurship and working in a fast-paced, innovative startup environment, announced that it has launched a new initiative called Operation 3 to 300 that will help 300 women and people of color to launch businesses through their Fellowship by 2021. Uber and UBS have both signed on as sponsors of the initiative and have committed $1M to the effort.

    Nationally, startups and the technology sector are dominated by males and skew heavily in favor of white and Asian employees. As of 2016, according to the Harvard Business Review, only 9% of venture-backed firms have female CEOs. Racial diversity statistics have been even bleaker. Data from 2010 revealed that 91% of employees in Silicon Valley tech firms were white or Asian. Only 1% percent of VC goes to black founders and only 10% of tech workers are Black or LatinX and 26% are women. Startups are the best breeding grounds for entrepreneurs. The lack of diversity among startup employees today means that the entrepreneurs of the future will continue to be largely white and male.

    Venture For America, Uber and UBS are changing this. VFA’s two-year Fellowship program, which places post-grads in startups in 14 cities, is directly influencing who can become an entrepreneur in this country by lowering the barriers to entry. VFA Fellows work for two years in a startup and have access to ongoing mentorship, training, and investments, including a Seed Fund and an Accelerator program. After establishing this goal and designing the program, they set out to find strategic partners to achieve their mission. VFA is excited to announce that Uber has joined longtime partner UBS in taking a stance towards diversifying the field of entrepreneurship. This partnership will allow VFA to provide tailored trainings, support, and investment to those who have been historically marginalized in the industry.

    “There are too many barriers to entrepreneurship and not enough incentives. To help someone start a business you have to invest in their idea and validate them early. Early stage support can be a game-changing catalyst for a young person starting a company. We’re incredibly excited to partner with high-powered and influential brands like Uber and UBS to directly invest in women and people of color in our program.” – Amy Nelson, CEO of Venture For America

    VFA occupies a unique position in bridging the gap between skill training, job placement and investing in early-stage founders. Many organizations focus on training talent at the top of the funnel or investing in new businesses at the end of the pipeline. Few specialize in getting them jobs. By moving VFA Fellows through the pipeline and supporting them at each step, VFA is one of the only organizations that are actually able to influence who becomes an entrepreneur.

    Since 2015, VFA has made recruitment of women and people from underrepresented groups a priority. As a result, the organization has already seen exciting success stories for women and people of color.

    Sara Cullen, who graduated in VFA’s inaugural class of 2012, is the founder of GEM. GEM is the first real-food daily vitamin, specifically focused on female health.

    Jamie Norwood and Cynthia Plotch, both 2015 Fellows, just launched the beta version of their D2C pregnancy test company, Stix. Stix aims to disrupt the buying process for pregnancy tests and provide a discreet and safe consumer experience.

    Mugha Eltigani, a 2014 graduate of VFA, is the co-founder and CEO of NaturAll Club. NaturAll Club is a subscription-based avocado hair care product line. Muhga and her team were just accepted to Y Combinator’s Winter 2019 Batch where they will gain access to world-class entrepreneurs and secured a $1mm investment from Richelieu Dennis, founder of Shea Moisture. This investment adds her to the short list of black women who have raised $1M+ in funding.

    Dara Khosrowshahi, the CEO of Uber, has supported Venture For America through his personal philanthropy for many years. He saw the 3 to 300 campaign as a perfect way to bring Uber on board as a strategic partner.

    “At the heart of entrepreneurship is the dream that innovation and hard work can level the playing field for everyone. This isn’t always true, but it should be. We are proud to partner with Venture For America, because when entrepreneurs have support to bring their passions to life, everyone benefits.” – Dara Khosrowshahi, CEO, Uber ​

    UBS has been an integral corporate partner for Venture For America for many years and has focused their philanthropic efforts on directly supporting the organization’s resources to help their Fellows and Alumni launch dynamic new businesses.

    “We collectively have the ability to shape the future of entrepreneurship now,” said Tom Naratil, President UBS Americas and Co-President UBS Global Wealth Management. “We’re proud to continue our support for VFA’s unique capabilities and commitment to directly impacting aspiring entrepreneurs, and excited to work together to create 300 new underrepresented founders over the next few years.”

    ###

    Venture For America has worked with more than 800 recent graduates to launch their careers and is currently placing Fellows in startups in 14 cities across the country. For more information on Venture for America, please visit: http://ventureforamerica.org

    Members of the press are invited to reach out to Carson Koser for more information: carson@ventureforamerica.org

    For any UBS-specific inquiries, please reach out to Huw Williams at 212-882-5858.

    Venture For America is creating economic opportunity in American cities by mobilizing the next generation of entrepreneurs and equipping them with the skills and resources they need to create jobs.

    UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS’s strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

    Source: Venture For America

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  • Chef Josie Smith-Malave Signed as National Brand Ambassador for Live Proud Vodka

    Chef Josie Smith-Malave Signed as National Brand Ambassador for Live Proud Vodka

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    Four-time ‘Top Chef’ participant partners with premium vodka brand to drive human and civil rights awareness

    Press Release
    –


    updated: Apr 2, 2018


    CARMEL, Ind., April 2, 2018 (Newswire.com)
    –
    Live Proud Spirits, producers of Live Proud Vodka, are pleased to announce a partnership with restaurateur Chef Josie Smith-Malave, who appeared on four seasons of Emmy Award-winning Bravo TV series “Top Chef.” Based in South Florida, Chef Josie has taken on the position of National Brand Ambassador for the company, effective immediately.

    “I’m so excited by the partnership with Live Proud! Not only do they have a spectacular product, but this relationship allows me to work with a business that consciously puts its money where its mouth is and really gives back,” said Smith-Malave.

    Live Proud Spirits launched their flagship brand Live Proud Vodka, a six-time distilled corn vodka crafted in the USA, at the end of 2017. The company supports human and civil rights charities by donating $1 of every bottle sold to nationally recognized charities such as the American Civil Liberties Union and OnePulse Foundation. Live Proud Vodka retails for $25 and is currently sold in Florida, New Jersey, New York and its home state of Indiana.

    Chef Josie continued, “The money that goes to support these charities is vital, and as a member of the LGBTQ community and the daughter of immigrants, the message behind the brand is so much bigger than that. It’s about everyone being who they are and making the conscious choice to live proud.”

    Chef Josie’s role with Live Proud as National Brand Ambassador will be to build affinity and generate awareness for the brand and its causes through digital and traditional media channels, and special events. Chef Smith-Malave currently owns and operates Bubbles + Pearls, a champagne and oyster bar in Wilton Manors, Florida.

    Beth Hohlier, CEO & founder of Live Proud Spirits, said, “We couldn’t have found a better person to represent us. Chef Josie’s positivity, energy and dedication are just unparalleled. She’s an amazingly passionate person and that comes through in everything she does.”

    “As an LGBT-owned business at this time in American history, I think it’s really important to emphasize that our message is one of acceptance and inclusion,” Ms. Hohlier continued. “We need to remind ourselves daily that the things that bind us are stronger than the things that divide us, regardless of gender identity, sexual orientation, race, religion or political affiliation.” 

    “It’s not our differences separating us,” added Chef Josie, “it’s forgetting we are all connected to each other; forgetting that we are all humans.“

     Live Proud Spirits

    Live Proud Spirits Inc. is a producer of premium spirits brands founded in 2017. The company’s mission is to promote human and civil rights in the United States of America through a lifestyle brand focused on community, unity and the inclusion of all people. Live Proud stands for strength and power exhibited by standing united, regardless of race, color, religion, creed, sex, sexual orientation, gender identity, national origin, ancestry or age. Live Proud stands for giving to those who help to protect and support your rights. Stand United. Live Proud. Drink Responsibly.

    www.liveproud.com

    Chef Josie Smith-Malave

     Josie Smith-Malave, is a conscious celebrity chef and restaurateur. This bohemian chef and stand-out competitor appeared on four seasons of Bravo TV’s “Top Chef.” The Sun Sentinel named her “Best Chef in South Florida 2017.” Chef Josie honed her culinary talents working in New York City under renowned chefs Wylie Dufresne, Jean-Georges Vongrichten, Caroline Fidanza, Dan Silverman and Walter Hinds followed by a San Francisco residence where her popular Global Soul Corner™ thrilled the discriminating urban diners. She is now proud owner of Bubbles + Pearls, a champagne & oyster bar in the thriving Fort Lauderdale neighborhood of Wilton Manors. A major component to Chef Josie’s “eat well, live happy” philosophy is viewing life as a contribution. She is devoted to empowering kids, ending hunger and strengthening communities. Her vehicles are creativity, food and music, which all contribute to her assertion that “FOOD CONNECTS US ALL.”

    For press and trade inquiries contact:

    Tom Michaelsen
    tom@whaleboneconsulting.com

    Live Proud Spirits
    ​info@liveproud.com

    Source: Live Proud Spirits Inc.

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  • FITMARK™ Donates More Than Three Thousand Backpacks to Underprivileged Students Across the US

    FITMARK™ Donates More Than Three Thousand Backpacks to Underprivileged Students Across the US

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    YMCA, Boys and Girls Clubs & other Students in California & New York City, Received Quality Bags for the 2017 School Year

    Press Release
    –


    updated: Sep 20, 2017


    SAN FRANCISCO, September 20, 2017 (Newswire.com)
    –
    ​Fitmark, a worldwide leader in sports, fitness, travel and meal management bags for people with active lifestyles, is proud to share its 1 for 100 program continues to benefit youth across the United States, with more than 3,000 backpacks having been donated to kids this summer. To date, more than 15,000 backpacks have been donated through the Company’s corporate social responsibility program: 1 for 100, which aims to provide one backpack to an underprivileged student for every $100 net on Fitmarkbags.com.

    Students who belong to local YMCA Organizations, Boys and Girls Clubs of America, as well as local organizations within Marin County, California, and New York City, all benefited this school year.

    Fitmark continues to reach aggressive sales goals and is quickly expanding across the globe. We love and appreciate our customers, and it’s rewarding to see how much we’re able to give back because of the support we receive from them. This donation is a representation of our mission from day one to give back. Whether it’s to children in need or others, it’s our responsibility as a growing company to play a bigger part in the world in any way we can.

    Mark Samuel , CEO and Founder

    “Fitmark continues to reach aggressive sales goals and is quickly expanding across the globe,” said Mark Samuel, CEO and founder at Fitmark. “We love and appreciate our customers, and it’s rewarding to see how much we’re able to give back because of the support we receive from them. This donation is a representation of our mission from day one to give back. Whether it’s to children in need or others, it’s our responsibility as a growing company to play a bigger part in the world in any way we can. We’re thankful we’re able to provide the support these kids need to go to school and have proper tools, such as great quality backpacks, to do so.”

    Fitmark is passionate about giving back to underprivileged children and launched the Company’s 1 for 100 program from day one. To make sure the backpacks are given to those that need them most, Fitmark works with the YMCA, and Boys and Girls Clubs of America in areas such as San Francisco, Oakland, Los Angeles, Detroit, Chicago and other urban cities.

    Fitmark’s continued success and goals include donating up to 1,000 more bags to underprivileged children before the end of the year, and expansion and growth into more countries.

    About Fitmark:
    Fitmark has a singular goal: to fill the void that exists between high performance athletes and their bags. Whether at the gym or on the go, our exclusive meal prep bag brand fills this void by bringing quality and function to your fitness lifestyle. With a Fitmark bag, you’ve joined an elite group of athletes who lives in the place where function and fitness intersect. Our mission is your mission: looking great, feeling vibrant, and fulfilling your highest potential. We create high-quality, functional sport and meal prep bags for fitness enthusiasts. That’s our passion, our sole purpose. We don’t make shoes or shirts. We don’t sell hats or supplements. We craft bags. Exclusive bags that seamlessly integrate form and function to reflect your lifestyle and your passions.

    Started by lifelong fitness enthusiast, CEO Mark A. Samuel had seen one too many of his gym-mates walking around with shapeless, simple, and uninspired bags. He knew these same intense, stylish, and successful people don’t settle. So why were they settling for a bag?

    In 2011, Mark put his extensive entrepreneurial experience to work and created Fitmark. Like a fine suit, Fitmark is an instant expression of who you are and what you believe. We’re available in more than 25 countries and growing strong. For more information visit: www.fitmarkbags.com. Find Fitmark on Twitter, Facebook, Instagram, and Pinterest.

    MEDIA CONTACTS:
    Nicole Rodrigues
    NRPR Group – for Fitmark
    Ph: 650.815.5069
    Nicole@NRPRGroup.com

    Mark Samuel
    Fitmark
    Founder and CEO
    Ph: 415.786.3382
    msamuel@fitmarkbags.com

    Source: Fitmark

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  • Dhaka Apparel Summit 2017: An Open Dialogue on the Textile and Apparel Industry in Bangladesh

    Dhaka Apparel Summit 2017: An Open Dialogue on the Textile and Apparel Industry in Bangladesh

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    Together for a better tomorrow.


    Dhaka, Bangladesh, February 14, 2017 (Newswire.com)
    –
    ​​​​​​​An international apparel summit is all set to take place in Dhaka with the objective of opening dialogue on framing strategies to secure a more sustainable apparel supply chain from local and global perspectives. The event styled “Dhaka Apparel Summit 2017” will be held on 25 February 2017 at Pan Pacific Sonargaon Hotel in Dhaka, Bangladesh. Honorable Prime Minister of the People’s Republic of Bangladesh Sheikh Hasina will inaugurate the daylong event organized by Bangladesh Garment Manufacturers and Exporters Association (BGMEA) in collaboration with Bangladesh Apparel Exchange (BAE).

    The Dhaka Apparel Summit is a prime event on textile and apparel industry in Bangladesh that brings together some of the world’s leading experts in their respective fields to share their experiences and visionary thoughts on issues pertaining to the apparel industry and ways in which the business can realize sustainable growth well into the 21st Century. The main focus will be on the apparel industry of Bangladesh, on its recent transformation and suggestions to chalk out sustainable development. As Bangladesh is a part of global apparel supply chain, the global important apparel issues will also be discussed in the summit.

    The event (summit) is aimed to be a platform, establishing greater interactions and collaborations amongst stakeholders from home (Bangladesh) and abroad, with a common goal of ensuring sustainable growth within the Bangladesh RMG (readymade garment) industry.

    Md. Siddiqur Rahman, President, BGMEA (Bangladesh Garment Manufacturers and Exporters Association)

    The Summit will hold three panel discussion sessions, offering a more open and inter-active environment, and allowing full audience participation and the opportunity for a valid exchange of ideas. The seminars will be attended by representatives of the Government, international organizations, economists, brand representatives, development organizations, employers, workers’ representatives, civil society members, academics, and media from home and abroad.

    Apart from local experts, some international experts will also take part in the lively panel discussion on different topics in the seminars:

    ·        H. E. Pierre Mayaudon, Ambassador & the Head of Delegation, Delegation of the European Union to Bangladesh

    ·        H. E. Marcia Stephens Bloom Bernicat, U.S. Ambassador to Bangladesh

    ·        Christopher Woodruff, Professor of Development Economics University of Oxford

    ·        Tim Worstall, Senior Fellow Adam Smith Institute

    ·        Martin Rama, Chief Economist, South Asia Region, World Bank

    ·        Helena Helmersson, Managing Director, H&M Group, Hong Kong

    ·        Thomas Klausen, CEO, Dansk Fashion & Textile

    ·        Dr. Jochen Frank Weikert, Head of Promotion of Social and Environmental Standards in the Industry (PSES) GIZ, Bangladesh

    ·        Srinivasa B Reddy, Country Director, ILO, Bangladesh

    ·        Peter McAllister, Executive Director, Ethical Trading Initiative (ETI)

    ·        Jill Tucker, Head of Supply Chain Innovation & Transformation, C&A Foundation

    ·        Gilbert F. Houngbo, Deputy Director-General of the ILO

    Their discussion will shed light on different timely issues, including Bangladesh RMG industry which is at the dawn of a new era in its development, with strides being taken towards achieving sustainable targets. The summit will offer a forum to express and discuss views with a broad spectrum of proposals to further improve the industry’s sustainable credentials. It also aims to bring about various methods to achieve these goals.

    Session Agenda for Dhaka Apparel Summit 2017

    10.30 am – 1.00 pm
    Inaugural ceremony to be attended by the chief guest Honourable Prime Minister Government of people’s Republic of Bangladesh Sheikh Hasina

    2.00 pm – 3.30 pm
    Session-1: Business Policy & Environment: Towards a Better Bangladesh
    In recent years, the economic growth in Bangladesh has exceeded expectations. In fiscal year 2015-16 the GDP growth reached 7.11%. The government is making efforts to pursue ambitious investment target to raise the GDP growth to 8% by 2021. Several projections and assessments by global financial institutes tell Bangladesh to become a manufacturing hub if the country can improve its trade competitiveness. This session will discuss about business climate in the country and policies required to support its growth potentials. The discussions will explore the priorities to move toward industry led economic growth, particularly in the area of conducive business environment and predictable policies as well as meeting growing infrastructure needs.

    3.45 pm – 5.15 pm
    Session-2: Collaborative and Responsible Sourcing For Sustainable Growth
    In the global supply chain, all need a mutually beneficial, predictable and responsible business practices and actions by all stakeholders to ensure sustainability. This requires closer cooperation. Agenda 2030 for global sustainable development speaks of inclusive development and resilient industrialization. These issues are also in focus in various global forums, e.g. UN, OECD and G7. The other side of the coin is that fierce competition among the buyers and suppliers not necessarily is healthy and sustainable for all stakeholders in the supply chain. This session will discuss the importance of stakeholders’ collaboration and economics of sustainability for meaningful persuasion of sustainability agenda within the apparel supply chain.

    5.30 pm – 7.00 pm
    Session-3: Bangladesh Apparel Industry: Transformation and the Road Ahead
    Bangladesh’s apparel industry has taken great strides against many internal and external challenges. In the recent years, the industry has been making tangible progress in occupational health and safety as well as structural integrity and harmonious industrial relations. There remains more to be done. The panelists in this session will share their perspectives on transformation, challenges faced and the road ahead. The session will also highlight the importance of modernization and resilience of the industry and moving up the ladder of responsible value chain for creating better opportunities for all.

    7.05 pm – 7.15 pm
    Closing remarks

    Brief info:
    Event: Dhaka Apparel Summit 2017
    Date: 25 February 2017; 10.00 am – 7.15 pm
    Venue: Pan Pacific Sonargaon Hotel in Dhaka / Bangladesh

    For more info please visit: www.dhakaapparelsummit.com

    Click here for downloading the press material from dropbox: http://bit.ly/DhakaApparelSummit_2017

    Contact:

    Gunhild Knierim
    Fon: +49 (0) 89/23 09 91-33
    E-Mail: g.knierim@greenside-story.de

    Heinrike Helm
    Fon: +49 (0) 89/23 09 91-15
    E-Mail: h.helm@greenside-story.de

    Greenside PR
    Braintown GmbH
    Sandstrasse 33
    D-80335 München
    Germany

    Fon: +49 (0) 89/23 09 91-10
    Fax: +49 (0) 89/23 09 91-99
    www.greenside-story.de

    Source: Bangladesh Garment Manufacturers and Exporters Association

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