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Banking industry

Corporate Social Responsibility Weekly Recap: July 7-13, 2011

Strategic Insights

— 2 min read

The week's corporate social responsibility highlights showcased employee volunteer efforts, green initiatives, and philanthropic contributions from leading companies. Alcoa Foundation awarded a $50,000 donation to Duquesne University, while SAS received the highest LEED certification for its building. Bank of America invested in paid summer internships and released its first corporate social responsibility report. Employee volunteer hours and green energy solutions also took center stage as companies demonstrated their commitment to responsible business practices.

Key Takeaways:

  • Sabre Holdings employees volunteered over 17,000 hours in 32 countries as part of the Give Time Together campaign.
  • SAS's World Headquarters building in Cary, N.C. received the highest LEED certification.
  • Alcoa Foundation honored Pittsburgh native Bill O'Rourke with a $50,000 donation to Duquesne University.
  • Bank of America released its first corporate social responsibility report and invested over $1 million in paid summer internships at nonprofit organizations.
  • Alcoa employees volunteered over 25,000 hours to green communities worldwide.
  • Alcoa was named one of Brazil's most sustainable companies.
  • CR Magazine called for nominations for the 4th Annual Responsible CEO of the Year Awards, introducing a new Lifetime Achievement Award.
  • Panasonic's comprehensive green energy solution "Life Innovation Container" stood out at the JUMBARA event in Indonesia.
  • The Coca-Cola Company secured a Sprite creative refresh for 21 local basketball courts through a fan's full-court press campaign.

Statistics:

  • Sabre Holdings employees volunteered over 17,000 hours in 32 countries.
  • SAS's World Headquarters building used over 25% less energy than comparable buildings.
  • Alcoa employees volunteered over 25,000 hours to green communities worldwide.
  • Bank of America invested over $1 million in paid summer internships at nonprofit organizations.
  • Alcoa was named one of Brazil's most sustainable companies for the fourth year in a row.

Sources:

  • Sabre Holdings, "Sabre Holdings Employees Volunteer More Than 17,000 Hours in 32 Countries as Part of Give Time Together Campaign"
  • SAS, "SAS World Headquarters' Building C Receives Highest LEED Certification"
  • Alcoa Foundation, "Alcoa Foundation Honors Pittsburgh Native Bill O'Rourke with $50,000 Donation to Duquesne University"
  • Bank of America, "Bank of America Releases First Corporate Social Responsibility Report"
  • Alcoa, "Alcoa Employees Volunteer More Than 25,000 Hours to Green Communities Worldwide"
  • CR Magazine, "4th Annual Responsible CEO of the Year Awards and Lifetime Achievement Award"
  • Panasonic Corporation, "Panasonic's Comprehensive Green Energy Solution 'Life Innovation Container' Stands Out at JUMBARA Event"
  • The Coca-Cola Company, "Fan's 'Full-Court Press' Secures Sprite Creative Refresh for 21 Local Basketball Courts"
  • America's Charities, "America's Charities Gains in Giving Despite Recession"

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