$2.97 Billion (Yes, that is a B…)
2017 benchmarking results will be presented June 27 (community investment) & 29 (volunteering & giving). In preparation, multi-year trends are examined in addition to insights specific to 2016.
FACT: LBG Canada companies have invested $2.97 Billion CDN in community, since 2006.
Think impact. On community. On the Canadian economy. On local economies in smaller communities.
We have started a campaign using #CIMatters. We know you agree and hope you will join us in raising awareness of the importance of our work.
Blended Capital – Save the Date
LBG Canada has an opportunity to partner with Realized Worth to jointly host a two-day conference focused on deepening employee engagement in the workplace through a company’s community investment programs (more information below).
While the conference will respond to issues of interest to the LBG Canada community, our Realized Worth partnership offers the opportunity to integrate international examples and experience. We are energized by the prospect of your participation alongside other Canadian thought leaders and thought leaders from around the world.
At present, we are planning for the conference to be held in Toronto mid November 2017. Dates will be confirmed this week or early next.
A preliminary agenda is being developed for circulation early next week. Please click here to respond to a short survey on the proposed topic or email comments to Stephanie directly. Is this something that would fit your objectives and schedule this year?
More information about the proposed topic:
Around the world, companies are increasingly supporting employee activities that encourage sharing, donating, and volunteering because of the positive impact experienced by the business itself. Increasingly referred to as ‘Blended Capital’, this approach seeks to increase the impact of financial capital investments by including voluntary human capital investments (employee volunteering) toward shared organizational and community objectives.
This conference will engage emerging thought leadership in a Blended Capital approach. This includes how employer support of volunteering and employer innovation in community investment can contribute to a workforce that is more engaged, more committed to organizational results, and more invested in shared objectives.
Other topics to be addressed include how companies can impact the Sustainable Development Goals through community investment and employee volunteer programming, and impact measurement (of course!).
Fall 2017 Report – State of Community Investment in Canada (SoCIC17)!
This Fall, Imagine Canada and SiMPACT are partnering in a high profile campaign to bring attention to the importance of corporate investment in community. This includes profiling Caring Companies and the many others investing in community through industry and other challenges. We are really pleased that the LBG Canada network will be a part of that high profile campaign – more to follow on how that will unfold!
Caring Companies & LBG Canada
As you may know, corporate contributions are an integral part of Imagine Canada’s vision for a vibrant and strong non-profit sector. This year, Imagine Canada has relaunched the Caring Companies Program with several new characteristics that more completely illustrate the importance of achieving the 1% pre-tax profit benchmark. One important characteristic is that the 1% pre-tax profit calculation is based upon the LBG Model, as represented by LBG Canada and the results of 10+ years of valuation voting. The end result is that “what counts” as community investment stems from a consistent 1% formula, regardless of industry, area of focus or company size.
As you are all very much aware, the purpose of LBG Canada is to inform and enhance corporate strategy, measurement and reporting of investment in community, including volunteering and giving programs. More and more companies are seeking to measure impact in order to more effectively demonstrate the business and community value achieved through investment in community. We are very pleased to be working closely with a growing number of LBG Canada companies seeking to integrate impact measurement into their strategy, implementation and reporting efforts. May that continue!
For further information, please contact Stephanie at firstname.lastname@example.org.
Canada 150 celebrations!
Companies across LBG Canada are engaging in Canada 150 celebrations. In light of the exciting ideas that are rapidly coming to life, a wide variety of celebratory programming will be profiled in the coming days and weeks.
For example, in honour of Canada 150, Imperial Oil will donate an estimated $6 Million in artwork to Canadian museums and galleries. The Imperial collection includes pieces by Group of Seven artist Lawren Harris. Various pieces of his work will be gifted to the National Gallery in Ottawa and the Glenbow museum in Calgary.
Imperial has a strong history in Canada and so does its art collection. The company has been collecting art for more than 70 years with the goal to support Canadian artists, contribute to Canadian culture, enhance the work environment for employees, and provide public awareness of the visual arts.
In total, 43 pieces will be donated to 15 museums and galleries across Canada, in honour of Canada’s sesquicentennial.
Meet the Interns!
This summer there are three awesome interns supporting various aspects of SiMPACT’s LBG Canada and SROI work: Andrei Flueraru, Andy Muth and Irune Echevarria.
Andrei Flueraru is working out of the Toronto office. Andrei has his hands involved in a variety of projects that include an SROI on the value of food security programming in Northern Ontario, IMPACT 2030 measurement and finalizing the B Corp status of SiMPACT. He will be entering his fourth year in the Commerce Program at Queen’s University, is enrolled in the Queen’s Smith School of Business (Certificate for Social Impact) and is chairing the Queen’s Commerce and Engineering Environmental Conference.
Andrew Muth is a third year student studying at the University of Victoria. Andy was recently accepted as an Honours student, in both Mathematics and Statistics. Over the summer, Andy will be dabbling in LBG Canada data and assisting Bryan Thiedemann, Manager Data Analytics & Special Projects) in illuminating interesting management facts about community investment, volunteering and giving that stem from the LBG Canada data pool.
Irune Echevarria is pursuing a Masters in Sustainability Management at the University of Toronto and has a BA in International Relations, with a Graduate Diploma in Social Development. At SiMPACT, Irune is advancing the incredibly complicated Social Return on Investment (SROI) evaluation of the Social Enterprise Demonstration Fund for the Ontario Ministry of Economic Development and Growth, formerly MEDEI).