{"id":20885,"date":"2024-07-24T08:50:15","date_gmt":"2024-07-24T12:50:15","guid":{"rendered":"https:\/\/www.blackbaud.com\/?post_type=news&#038;p=20885"},"modified":"2024-07-30T12:32:00","modified_gmt":"2024-07-30T16:32:00","slug":"new-report-on-csr-industry-trends-shows-shifts-in-corporate-social-impact-practices","status":"publish","type":"news","link":"https:\/\/www.blackbaud.com\/newsroom\/article\/new-report-on-csr-industry-trends-shows-shifts-in-corporate-social-impact-practices","title":{"rendered":"New Report on CSR Industry Trends Shows Shifts in Corporate Social Impact Practices"},"content":{"rendered":"<p style=\"text-align: center;\"><i><span data-contrast=\"none\">The Past Year Saw a Significant Increase in In-Person Volunteering, Upward Trend in Giving to International Organizations<\/span><\/i><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;201341983&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Charleston, SC (July 24, 2024)<\/span><\/b><span data-contrast=\"none\"> &#8211; <\/span><span data-contrast=\"none\">The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released a new <\/span><a href=\"https:\/\/institute.blackbaud.com\/resources\/2023-csr-spotlight\"><span data-contrast=\"none\">spotlight brief<\/span><\/a><span data-contrast=\"none\"> sharing insights from the company\u2019s annual Corporate Social Responsibility (CSR) Industry Review, which analyzes CSR program data and employees\u2019 philanthropic engagement. The spotlight report, based on 2023 data representing the giving and volunteering participation of millions of employees at companies spread over 104 countries, highlights a continued increase in the return to in-person volunteering with 87% of all hours volunteered being in-person, a nearly 21% increase from 2021 and a 6% increase from 2022. Additionally, employee engagement in volunteer activities increased 17% from 2022.<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cEmployees see tremendous value in giving back to their local communities and are craving the interaction and direct impact that volunteer opportunities provide. This year we saw an overall increase in volunteer engagement, and steady participation in giving programs globally, despite many external influencing factors such as economic challenges, political uncertainty, record levels of stress, and much more<\/span><span data-contrast=\"none\">,\u201d said Andrew Troup, director of giving and engagement, Corporate Impact, Blackbaud.<\/span><\/p>\n<p><span data-contrast=\"none\">Key findings in the CSR Industry Review Spotlight include:\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Smaller Companies Led the Charge in 2023<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">The most significant volunteering engagement rate was with small companies (1-1000 employees) with a 40% volunteering engagement rate. Comparatively, companies with 1,001-5,000 employees had the next highest volunteering engagement rate at almost 25%.\u00a0<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"none\">Employees Value In-Person Volunteer Opportunities<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Of the more than 8.27 million volunteer hours recorded, 87% were in-person events, up 6% from last year and nearly 21% from 2021.<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Volunteer hours per volunteer remained the same but engagement increased, meaning more employees participated in the volunteer activity.<\/span><b><span data-contrast=\"none\">\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"none\">U.S.-Based Employees are Generous with Their Time and Money <\/span><\/b>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">While volunteer engagement was two percent higher for the U.S. compared to global employees, giving engagement was almost four times higher, at nearly 12% for U.S.-based employees compared to three percent for global employees.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"none\">International Grantmaking is Trending Upwards<\/span><\/b>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Of the grant dollars awarded by companies through YourCause\u2019s GrantsConnect\u00ae, nearly 20% went to charities outside the U.S., a marked increase from 2022 when only 4% of total grant dollars was awarded to international charities.\u00a0<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span data-contrast=\"none\">\u201cNonprofits interested in engaging the millions of potential supporters of their causes in workplaces should be encouraged by the vast possibilities and continued momentum revealed in this data. Nonprofits looking to tap into more corporate support may want to consider the growing volume of in-person volunteering events and consider ways to engage corporate workforces in person for their causes,\u201d said Dale Strange, president and chief operating officer, Blackbaud, Corporate Impact.<\/span><\/p>\n<p><span data-contrast=\"none\">The report\u2019s findings also provide insight to companies looking to increase employee engagement in their corporate volunteering programs: \u201c<\/span><span data-contrast=\"none\">In line with previous years\u2019 data, we continue to find that companies that offer both giving and volunteering programs see much higher engagement than companies that only offer one option,\u201d said Troup.<\/span><\/p>\n<p><span data-contrast=\"none\">The increase in corporate giving to causes around the world in 2023 may in part reflect enhanced global giving options through Blackbaud\u2019s YourCause portfolio. \u201cWe have been intentional about expanding our global partnerships to allow companies to amplify and scale their social impact initiatives around the world,\u201d said Strange. \u201cTheir growing adoption of these capabilities showcases the commitment of companies of all sizes to address crises and support flourishing communities where their employees and customers live \u2013 and far beyond their borders.\u201d<\/span><\/p>\n<p><span data-contrast=\"none\">Blackbaud\u2019s CSR Industry Review provides insights and trends from 412 companies (a subset of YourCause\u00ae from Blackbaud\u00ae clients) and more than seven million employees spread out over 104 countries where employees engage in social impact. Data was collected between January and December 2023 within Blackbaud\u2019s YourCause\u00ae CSRconnect\u00ae, GrantsConnect\u00ae and NPOconnect\u00ae solutions.<\/span><\/p>\n<p><span data-contrast=\"none\">With <\/span><a href=\"https:\/\/www.blackbaud.com\/products\/blackbaud-yourcause-csrconnect\"><span data-contrast=\"none\">CSRconnect<\/span><\/a><span data-contrast=\"none\"> and <\/span><a href=\"https:\/\/www.yourcause.com\/products\/grant-making\"><span data-contrast=\"none\">GrantsConnect<\/span><\/a><span data-contrast=\"none\"> from the YourCause portfolio, companies have access to the largest global charity database. YourCause has expanded its global partnerships to allow companies to amplify and scale their impact by providing access to more charities from around the world, all while feeling confident in the vetting process that stays up to date with local legal standards.<\/span><\/p>\n<p><span data-contrast=\"none\">Download the Spotlight Report <\/span><a href=\"https:\/\/institute.blackbaud.com\/resources\/2023-csr-spotlight\"><span data-contrast=\"none\">here<\/span><\/a><span data-contrast=\"none\">.<\/span><\/p>\n<p><span data-contrast=\"none\">Learn more about\u202fYourCause\u202fand Blackbaud\u2019s solutions for companies\u202f<\/span><a href=\"https:\/\/www.blackbaud.com\/who-we-serve\/companies\"><span data-contrast=\"none\">here<\/span><\/a><span data-contrast=\"none\">.\u202f<\/span><\/p>\n<p><b><span data-contrast=\"none\">About Blackbaud Institute<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false}\"><br \/>\n<\/span><span data-contrast=\"none\">The Blackbaud Institute develops leading-edge research and convenes expert voices to equip the social impact community with knowledge, insight, and confidence. The Blackbaud Institute draws from Blackbaud\u2019s data set, the most comprehensive in the social impact community. In addition, the Institute facilitates public research studies to drive original qualitative and quantitative insight. Our research agenda is grounded in a commitment to topics that social impact organizations can apply immediately to better understand, benchmark, and improve their essential business operations. We are guided by our commitment to the social impact sector to provide timely, transparent, and well-rounded research that is free to access. From how organizations run to how donors give, we\u2019re 100% focused on research and resources for this sector.<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">About Blackbaud<br \/>\n<\/span><\/b><span data-contrast=\"none\">Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud\u2019s essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud\u2019s solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek\u2019s list of America\u2019s Most Responsible Companies, Quartz\u2019s list of Best Companies for Remote Workers, and Forbes\u2019 list of America\u2019s Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at<\/span> <a href=\"https:\/\/mcas-proxyweb.mcas.ms\/certificate-checker?login=false&amp;originalUrl=http%3A%2F%2Fwww.blackbaud.com.mcas.ms%2F%3FMcasTsid%3D15600&amp;McasCSRF=5fc5b0e89f3d7de436f1983e42fe386272e6d00ebbbb92ff9cdade374c3774c3\"><span data-contrast=\"none\">www.blackbaud.com<\/span><\/a><span data-contrast=\"none\"> or follow us on <\/span><a href=\"https:\/\/mcas-proxyweb.mcas.ms\/certificate-checker?login=false&amp;originalUrl=https%3A%2F%2Ftwitter.com.mcas.ms%2Fblackbaud%3FMcasTsid%3D15600&amp;McasCSRF=5fc5b0e89f3d7de436f1983e42fe386272e6d00ebbbb92ff9cdade374c3774c3\"><span data-contrast=\"none\">X\/Twitter<\/span><\/a><span data-contrast=\"none\">, <\/span><a href=\"https:\/\/mcas-proxyweb.mcas.ms\/certificate-checker?login=false&amp;originalUrl=https%3A%2F%2Fwww.linkedin.com.mcas.ms%2Fcompany%2Fblackbaud%2F%3FMcasTsid%3D15600&amp;McasCSRF=5fc5b0e89f3d7de436f1983e42fe386272e6d00ebbbb92ff9cdade374c3774c3\"><span data-contrast=\"none\">LinkedIn<\/span><\/a><span data-contrast=\"none\">, <\/span><a href=\"https:\/\/mcas-proxyweb.mcas.ms\/certificate-checker?login=false&amp;originalUrl=https%3A%2F%2Fwww.instagram.com.mcas.ms%2Fblackbaud%2F%3FMcasTsid%3D15600&amp;McasCSRF=5fc5b0e89f3d7de436f1983e42fe386272e6d00ebbbb92ff9cdade374c3774c3\"><span data-contrast=\"none\">Instagram<\/span><\/a><span data-contrast=\"none\"> and <\/span><a href=\"https:\/\/mcas-proxyweb.mcas.ms\/certificate-checker?login=false&amp;originalUrl=https%3A%2F%2Fwww.facebook.com.mcas.ms%2Fblackbaud%2F%3FMcasTsid%3D15600&amp;McasCSRF=5fc5b0e89f3d7de436f1983e42fe386272e6d00ebbbb92ff9cdade374c3774c3\"><span data-contrast=\"none\">Facebook<\/span><\/a><span data-contrast=\"none\">.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Media Inquiries<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:360,&quot;335559739&quot;:20,&quot;335559740&quot;:259}\"><br \/>\n<\/span><a href=\"mailto:media@blackbaud.com\"><span data-contrast=\"none\">media@blackbaud.com<\/span><\/a><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p aria-level=\"1\"><b><span data-contrast=\"none\">Forward-Looking Statements<\/span><\/b><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;134245418&quot;:true,&quot;134245529&quot;:true,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:360,&quot;335559739&quot;:20,&quot;335559740&quot;:259}\"><br \/>\n<\/span><span data-contrast=\"none\">Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC\u2019s website at <\/span><span data-contrast=\"none\">www.sec.gov<\/span><span data-contrast=\"none\"> or upon request from Blackbaud&#8217;s investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.<\/span><span data-ccp-props=\"{&quot;134245417&quot;:false,&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released a new spotlight brief sharing insights from the company\u2019s annual Corporate Social Responsibility (CSR) Industry Review, which analyzes CSR program data and employees\u2019 philanthropic engagement.<\/p>\n","protected":false},"author":17,"featured_media":14817,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"news-category":[480],"news-topic":[],"class_list":["post-20885","news","type-news","status-publish","has-post-thumbnail","hentry","news-category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.9 (Yoast SEO v25.9) - 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