Employees within LBG Canada companies volunteered over 1.4M hours in fiscal 2017. Is there a…
Multi-Year Partnerships Create Meaningful Community Impact
One of the more impactful community investment choices that a company can make is to create a multi-year agreement with a community partner, and more and more companies are making these a significant proportion of their activities.
The average amount invested in multi-year partnerships continues to grow year over year, with almost a quarter of companies investing half their budget, or more, into longer-term agreements.
In addition to the positive effects on the community, there is also a strong relationship between the amount that a company invests into multi-year partnerships, and the amount they are leveraging from their external stakeholders, showing that others in the community are willing to follow their lead.