Submitted by: Corporate Citizenship
Posted: Nov 14, 2012 – 10:04 AM EST
LONDON, Nov. 14 /CSRwire/ - At a time when overall donations to charities are said to be declining, leading international companies are increasing their contributions. The latest annual review from LBG, whose 130 corporate members work together to improve the measurement and impact of their community contributions, shows a record-breaking £1.65 billion contribution to community causes and organisations last year across its membership.
Pam Webb, from Zurich Community Trust and chair of LBG, said “LBG members are collectively making a huge difference. Our 2012 report shows that LBG companies are more and more serious about the contributions they make and the results they achieve. By focusing on the long-term they invest more strategically, they build stronger relationships with their community partners, leading to more efficient programmes, greater impact and reliable reporting.”
LBG is a robust, credible and international framework that enables LBG members across the globe to measure the totality of their contribution to the community, and then assess that in the light of the results achieved. LBG is also a network and a group of companies. By adopting the same measurement standard, they can share best practices and benchmark and learn from each other.
LBG is run by members for members and managed by the global corporate responsibility consultancy Corporate Citizenship.
Appendices – additional key facts