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.
Feel free to shoot us an email with any feedback, insight, tips or suggestions. If you like what you are reading, we would love it if you would share it with your friends.
6 WAYS TO SECURE MILLENNIAL LOYALTY BY CREATING COMPANY HEART
According to Gallup, only 29 percent of Millennials are engaged at work (emotionally and behaviorally connected to their job and company), which is why about 60 percent of Millennials say they are open to a different job opportunity. This Millennial engagement epidemic and the turnover costs associated with it are costing the U.S. economy $30.5 billion annually. Read on to see 6 ways to secure Millennial loyalty by creating a thriving company culture.
ENVESTNET PARTNERS WITH INVESTOPEDIA TO LAUNCH IMPACT INVESTING HUB
The demand for impact investing products is growing, but many independent financial advisors do not utilize them for their clients. To bridge this gap, Envestnet has teamed up with Investopedia to create the new "Impact Investing Hub," which provides advisors and investors with educational content and actionable insights they need to begin meaningful conversations about impact investing.
FIVE SOCIAL IMPACT TRENDS THAT INSPIRE US
For purpose-driven companies, these are interesting times. In fact, studies show that purpose is a number one driver behind business success. Brand perception, consumer loyalty, employee retention and stakeholder optimism are all tied to how a company acts on its purpose.
In our trust-starved world, this is even more important. According to Edelman’s recent 2018 Trust Barometer, trust is at an all-time low with 52 percent of the global general population saying traditional institutions of power are not trustworthy. But what was most interesting is that 64 percent of respondents said CEOs should take the lead on changing the world – not governments or nonprofits. This onus on companies to evolve from a contributor of social impact to a leader in social impact is a critical theme in the five trends that most inspire us in 2018.
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BRIDGING THE GAP BETWEEN BUSINESS AND SOCIAL IMPACT.
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