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Sunday, March 19, 2017

interesting to see bank leading csr budgets on education

 top 10 companies that are spending their sustainability budgets on education:

1. Banco Santander

Educational spending: $196.5m
Percent of CSR budget: 79%
Noteworthy program: Among its other programs, Spanish-based Banco Santander was involved in the Becalos project, which gave ATM users the option of donating 5 pesos to education – and then matched the funds. In 2012, Santander customers donated $15.9m.

2. IBM

Educational spending: $144m
Percent of CSR budget: 72%
Noteworthy program: One of IBM’s programs, KidSmart early learning, is a partnership with the United Way, the Bank Street College of Education and the Center for Children and Technology. It aims to use technology to help beginning students around the globe.

3. Telefonica

Educational spending: $129.9m
Percent of CSR budget: 65%
Noteworthy program: Spanish-based telecommunications provider Telefonica’s EducaRed portal is designed to integrate information technologies into classrooms around the globe.

4. ExxonMobil

Educational spending: $115.5m
Percent of CSR budget: 39%
Noteworthy program: US-based ExxonMobil was a founding sponsor of the National Math and Science Initiative, which works to improve math and science education in the US.

5. Target

Educational spending: $95.2m
Percent of CSR budget: 37%
Noteworthy program: In 2015, US-based Target plans to spend $1bn on education – double its 2009 contribution.

6. GlaxoSmithKline

Educational spending: $86.6m
Percent of CSR budget: 54%
Noteworthy program: UK-based GlaxoSmithKline funds educational projects around the world, including India’s Ashirwad School for children with intellectual disabilities.

7. Microsoft

Educational spending: $86.5m
Percent of CSR budget: 9%
Noteworthy program: Microsoft unveiled its YouthSpark program, which is designed to help create educational and economic opportunities for children around the world, in 2012. According to the company, it has served 227 million young people since then.

8. Toyota Motor

Educational spending: $83.5m
Percent of CSR budget: 41%
Noteworthy program: Toyota’s Family Literacy Program, in operation since 1991, works to help underserved children – and their parents – become better readers.

9. Rio Tinto Group

Educational spending: $81.6m
Percent of CSR budget: 27%
Noteworthy program: Since 2004, UK-based Rio Tinto has provided early literacy materials to 250,000 Australian families. The company has also invested deeply in aboriginal education, science education, scholarships and other programs.

10. Wells Fargo

Educational spending: $81.6m
Percent of CSR budget: 24%
Noteworthy program: In 2013, Wells Fargo donated $81.6m to 8,000 educational programs in the US.
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