Each week, we compile and summarize the top articles on corporate social impact, impact investing, and conscious capitalism from around the world, and deliver it to your inbox every Saturday morning for you to enjoy and digest.
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HOW BUNKER LABS IS BUILDING AN INCLUSIVE ECOSYSTEM FOR VETERAN ENTREPRENEURS
After WWII 49% of veterans came home to start or operate a business, rebuild the American economy, and earn the moniker of the “Greatest Generation.” Today’s returning veterans represent an extraordinary human capital asset for our country, but less than 4% of them will start their own business. With this extraordinary legacy of entrepreneurship, why the challenge for this generation? Bunker Labs was launched to provide an answer, and a solution, and they have been on a quest to move the needle since their launch just over three years ago.
B CORPS COLLABORATE TO HELP EXITING VETERANS FIND SUCCESS
Being a B Corp means working toward the goal of using business as a force for good. It also means being part of a collaborative, compassionate community that works together to make change happen. In the case of veterans seeking to re-enter civilian life, community can make all the difference in successful reintegration. Several B Corps are coming together to ensure former Special Operations Forces — members of elite military units such as the Green Berets — have built-in avenues to translate their advanced training into the corporate and entrepreneurial world.
MILLENNIALS LIKE SOCIALLY CONSCIOUS COMPANIES, BUT OFTEN DON'T INVEST IN THEM
A new survey from Swell Investing, a firm that focuses on socially and environmentally responsible investing, found that while most millennial investors (78%) seriously consider a company’s impact on the earth and its people and shop accordingly, only 24% have actually taken actions to invest their money where their morals are. The disconnect is likely a matter of having the bandwidth to dive deep into their investments. Millennials tend to use automatic options, such as employer 401(k) plans and selecting a target-date fund based on their age and anticipated date of retirement. Much of the time, they don’t feel they have the luxury to put money in an untouchable account, as this is a generation plagued by student loan debt and stagnant wages.
THE TOP REASONS YOUR EMPLOYEES AREN’T VOLUNTEERING WILL SURPRISE YOU
America’s Charities – a leader for more than 35 years in employee giving – regularly issues data-driven reports that identify trends in corporate giving and volunteering. Over the years, this “Snapshot” series has become a critical bellwether in employee-led corporate philanthropy, spotlighting exactly how the field is evolving. According to the report, the top 5 detractors from the volunteer experience are: pressure from employer or colleagues; no availability to volunteer during work hours; project isn’t clearly defined; limited information about the nonprofit; and no technology platform that makes it easy to register, participate and track volunteer hours.
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