“In the U.S., Xcel Energy is betting on new—and very big—power plants that use wind and solar for their energy sources. Xcel, Colorado’s largest utility, has millions of customers across eight Midwestern states, from Texas to Michigan, so any decision it makes has a big impact on the country’s energy strategy. The company says its move to renewables is a bottom line decision; it “expects to save tens of millions of dollars” in replacing two large coal-burning units with facilities fueled by renewable energy, reports the NY Times. Bids to build and operate the proposed power plants are so low that Xcel believes it can build and run them for less than it costs to keep the old, coal-burning power plants going. Projections are that Xcel will source over half its electricity from renewable sources by 2020, making it one of the cleanest large utility companies in the country.”
CCSR graduate, and B:CIVIC member, Sarae Kurth planned the inaugural all staff volunteer day for Denver Community Credit Union, #DenverCommunityGives Day. Denver Community Credit Union is a proud B:CIVIC member that has served the Denver community since 1934.
All Denver Community Credit Union staff volunteered across six Volunteers of America Colorado sites on #DenverCommunityGives Day. Volunteer projects supported under-served community members including: at-risk children, women, seniors, and food insecurity and homeless community members across Volunteers of America Colorado locations in Denver. Eighty-six Denver Community employees volunteered a combined 430 hours. Volunteers of America Colorado estimates a cost of $10,380 to pay their staff to do the tasks provided by Denver Community volunteers.
This article was originally published on December, 28th, 2017. To view the original post click here. This article also features B:CIVIC founding member, DanoneWave.
Elevate Your CSR Expertise:
Join the Certification in Corporate Social Responsibility (CCSR) Program
Starting Wednesday, January 17th, 2018 at 5:30, the fourth session of the Corporate Social Responsibility Certificate Program at CU, Leeds School of Business in partnership with B:CIVIC will commence in Denver. This program unites CSR professionals of all expertise levels, with the goal to further their knowledge, expand their community and to spark ideas and insights. Applications are accepted until the class is full.
In today’s society, there’s no question corporate growth through social responsibility is table stakes. Nearly nine-in-10 (86%) Americans believe companies should do more than simply make a profit but also operate responsibly to address social and environmental issues. Yet, a company’s role in society is becoming even more multidimensional. In fact, more than three-quarters of Americans (78%) believe companies should also stand up for important social justice issues like the refugee crisis and LGBTQ rights. So how can companies not only navigate this new reality, but gain brand enthusiasts and advocates along the way?
In Colorado, businesses are playing an increasingly significant role in addressing the complex issues facing our communities. Corporate giving, business engagement in the community, employee volunteering, disaster relief, and much more serve as vital contributors to the social sector and deliver significant value to both the business and to society. The majority of companies today report that community involvement contributes to many key business goals, including improved reputation, stakeholder value, and the attraction and retention of employees.