JPMorgan Chase has partnered with Common Impact since 2014 to develop and implement the Virtual Service Corps (VSC), a skills-based volunteering program where employees utilize their talents and expertise to virtually support JPMorgan Chase’s nonprofit grantees in building capacity to serve the community. Through the VSC, JPMorgan Chase has deepened its relationship with its grantee partner, PENCIL, who is the leader in creating innovative and impactful models of collaboration between the business and education communities. This quarter, Common Impact is highlighting the JPMorgan Chase and PENCIL partnership to showcase how skills-based volunteering engagements can deepen a cross-sector relationship. Gregg Betheil, President of PENCIL and three-time VSC participant, shares his perspective.
Black & Veatch is partnering with the Buffalo Niagara Medical Campus to design and assess the financial and energy efficiency impacts of a microgrid in Buffalo, N.Y. The microgrid will provide resilient, clean energy for the 120-acre campus, long-term cost-savings and potential monetization opportunities for member institutions.
T. Rowe Price’s 2017 Parents, Kids & Money Survey, which sampled 1,014 parents of 8 to 14 year olds nationally and their kids, analyzed parent attitudes and behaviors that were associated with kids’ financial habits. The survey found that positive money behaviors and expectations among kids are often associated with parents’ decision to let their kids decide how to save and spend their money on their own, as well as modeling good financial habits. Conversely, troubling financial habits among kids were more frequently seen when parents have a troubling history with money.
In 2016, the tech industry had a record 1,613 deals valued at $323B, including a number of high profile transactions such as Microsoft’s acquisition of LinkedIn. The pace of these transactions is only expected to increase. Read how Antea Group’s new blog series will explore the range of risks and expectations associated with the myriad types of tech industry transactions and provide insights into ways that a company’s EHS function can bring value to the transaction process.
Employee volunteering goes beyond typical efforts of CSR strategies in its unique utilization of social capital. Corporate volunteering programs enable employees to mobilize their personal resources for broad social benefits. The employees not only leverage the assets of the business, but combine these assets across broader social networks, utilizing trust and localized norms of cooperation.