Latest news with #BenevityInc
Yahoo
16-05-2025
- Business
- Yahoo
Benevity Releases First Enterprise Impact Platform To Solve CSR and Social Impact's Biggest Challenges
Unified, enterprise-grade CSR and social impact platform to scale giving, granting, volunteering, and impact measurement CALGARY, AB / / May 16, 2025 / Benevity Inc. today released its next-generation Enterprise Impact Platform, delivering the first all-in-one solution to simplify and scale corporate social responsibility (CSR) and social impact programs. The platform unifies giving, volunteering, grants management, and employee mobilization-empowering companies to better connect purpose with measurable business results. Trusted by a community of more than 900 clients worldwide, Benevity developed the Enterprise Impact Platform to address the most pressing challenges faced by CSR and social impact professionals today: disconnected systems, limited visibility, employee disengagement, and risk exposure. Benevity's secure, enterprise-grade solution meets those needs head-on, offering unmatched governance, global reach, and the world's largest fully vetted nonprofit network. The platform allows organizations to scale social impact and enhance the way they engage with communities, attract and retain talent, improve brand reputation, and foster innovation throughout the enterprise. "Connecting purpose to business goals for leaders who are focused on creating performing and enduring organizations is our top priority," said Chris Maloof, Chief Executive Officer, Benevity. "As CSR leaders strive to keep up with increasing responsibilities and a changing environment, our Enterprise Impact Platform is purpose-built to help drive scalable, measurable, and transformative impact programs from a single, unified environment." The recently released 2025 Benevity State of Corporate Purpose Report noted that the corporate purpose landscape is in a state of significant flux, with nearly two-thirds of businesses redefining their purpose strategy in the past year amid growing cross-functional demands on CSR leaders. Grounded in client-centric design, Benevity's Enterprise Impact Platform leverages industry-leading, AI-enabled design to provide a more complete view of purpose programs and improved visibility into engagement and impact Enterprise Impact Platform Delivers: End-to-end program visibility across giving, volunteering, grants, and more, Built-in risk mitigation through enterprise governance, secure disbursement, and vetted nonprofits, Localized global reach to enable partnerships that reflect local relevance, Simplified workflows to reduce nonprofit burden and increase participation, and Employee empowerment to allow teams to support causes they care about. Real Impact, Real ResultsSome of the world's leading organizations have successfully implemented Benevity's Enterprise Impact Platform to drive measurable social and business impact within their organizations, in their communities, and society at large. As a part of its commitment to helping people achieve brighter financial futures, Discover continues to make a meaningful impact in communities across the country. The company's volunteer program, focused on education and community support, empowers employees to give back in ways that matter most to them. In addition, the "You Care We Share" program, enabled by Benevity, has seamlessly integrated donation matching, volunteer rewards, and hybrid volunteering into one cohesive platform. Discover's community-related results include: 99%+ volunteer event satisfaction, 86% employee satisfaction with corporate citizenship, and 7M+ students impacted through financial literacy. Adobe's Global Employee Community Fund (ECF) uses Benevity's Enterprise Impact Platform to power its global giving, including $30M+ to local communities. Adobe's ECF empowers employees to nominate and select nonprofits for $20K grants. The program is localized, employee-led, and streamlined to reduce nonprofit burden. Adobe's global giving highlights include: Simplified application and reporting, which resulted in a 21% increase in program reach, measured by nonprofit applications, in 2024, Funding criteria aligned with Adobe's value pillars, and Expanded access to Adobe for Nonprofits' product offerings. The Future of Purpose is Enterprise-Ready The same State of Corporate Purpose Report reflects that executives are committed to investing in social impact programs because it's good for business (92%) and prior Benevity research shows that 76% of CSR leaders reported plans to increase investments. The desire to do more good and power purpose at work is coupled with growing expectations for accountability, efficiency, and employee engagement. The Benevity Enterprise Impact Platform is uniquely designed to meet the moment. About BenevityBenevity, a certified B Corporation, is the leading global provider of social impact software, providing the only integrated suite of community investment and employee, customer and nonprofit engagement solutions. Recognized as one of Fortune's Impact 20, Benevity provides a robust, all-in-one SaaS platform designed to simplify and scale CSR and social impact programs. The platform unifies giving, volunteering, grants management, and employee mobilization - empowering companies to connect purpose with measurable business results. With software that is available in 22 languages, Benevity has processed more than $18.5 billion in donations and 99 million hours of volunteering time to support 513,000 nonprofits worldwide. The company's solutions have also facilitated 1.5 million micro-actions and managed grants worth $18 billion. For more information, visit Media Contact:Indrani Ray-Ghosal │ Press & Analyst Relations │ 1.647.574.9559 │ press@ View additional multimedia and more ESG storytelling from Benevity on Contact Info:Spokesperson: BenevityWebsite: info@ SOURCE: Benevity View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Ottawa Citizen
14-05-2025
- Business
- Ottawa Citizen
Annual Benevity State of Corporate Purpose Report Finds Purpose Remains a Strategic Contributor to Business Success
Article content Article content CALGARY, Alberta, May 14, 2025 (GLOBE NEWSWIRE) — Today, Benevity Inc. released its fifth annual State of Corporate Purpose Report during the Benevity Live! conference in Palm Springs, California. The report shows that while corporate social responsibility (CSR) has become significantly more complex and cross-functional, it continues to be a measurable, strategic contributor to business success and resilience. Article content Article content The 2025 report reflects a defining moment for corporate purpose, with nearly two-thirds of companies having significantly shifted their corporate purpose strategies in the past year, tapping into new opportunities, and increasing budgets while responding to rising scrutiny and regulatory shifts. Article content 'This year's data reveals a deep tension in the corporate purpose space–one where CSR leaders are clear on the business value of their investments but are struggling with how to execute it to its maximum potential in a charged environment,' said Sona Khosla, Chief Impact Officer of Benevity and Head of Benevity Impact Labs. 'CEOs have a vital role to play in maintaining corporate trust and building business resilience by sustaining investment in purpose or risk declining revenue and loyalty from increasingly discontented employees and customers.' Article content For the fifth consecutive year, the State of Corporate Purpose study was conducted by Benevity Impact Labs, a social innovation lab and research hub. The annual survey included more than 500 corporate impact leaders from around the globe. The data shows that corporate social impact is maturing as it becomes an enterprise-wide endeavor but remains a critical strategy for building business and employee resilience. Article content Article content 92% of leaders say they are investing in social impact programs because it's good for business; 88% say their impact strategy is future-proofing their business when it comes to talent acquisition and retention, customers and regulatory requirements; and 91% say they are making sure their programs support their corporate strategy & values. Article content According to the 2025 Benevity State of Corporate Purpose Report, as external pressures and complexities increase in the CSR and social impact space, several key trends are at work and expected to influence and shape corporate purpose perspectives, strategies, and implementations in 2025. Article content Corporate caution heightens business risk. Companies who scale back their communications and public commitments to social and environmental impact risk eroding trust among both employees and consumers, negatively impacting their brand and bottom line. While 52% of leaders say their CEOs will be less vocal this year, more than three quarters (76%) acknowledge they expect employee activism. Balancing that potential gap is a corporate risk factor that is being managed across departments, from impact professionals to communications, HR, and legal teams.
