Leading Study In Corporate Societal Engagement Shows Considerable Growth Since 2007 - WSJ.com

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Leading Study In Corporate Societal Engagement Shows Considerable Growth Since 2007 - WSJ.com: While economic recovery is taking its time, companies have not waited to rebound with their giving programs; the majority of companies increased giving since 2007 after adjusting for inflation, despite a slow recovery of corporate profits since the economic downturn. Both cash and non-cash giving increased during this timeframe, with a higher percentage of non-cash contributions in 2012 defining the post-recession giving era. In addition, companies offered more paid-release time and outside-company time volunteer programs to engage employees in their giving programs, and the largest percentage of a typical company's giving budget went to support K-12 and higher education programs. CECP, where Fortune 500 CEOs turn to achieve societal progress and sustainable business performance, released at the CECP Summit the first analysis of 2012 corporate giving data drawn from its Corporate Giving Standard (CGS) survey, conducted in association with The Conference Board.