Corporate Responsibility: Giving as Good as They Get


IN THE SPOTLIGHT

According to the Grant Thornton International Business Report, U.S. private companies rank highest in donating to community causes and charities and in participating in community activities.

When asked what drives them to adopt a corporate responsibility policy, 65% of companies around the world listed recruitment and retention pressures, and 63% listed cost management concerns.

In the U.S., 59% listed recruitment and retention pressures and 53% ranked cost management as the most important drivers. Only 21% of U.S. companies - the lowest ranking of all the countries surveyed - said saving the planet was an important driver.

The most common CSR initiative undertaken in the last year was actively promoting work force health and well-being.

Source: www.internationalbusinessreport.com.

SPONSORED REPORT

Get your clients ready for tax season

These year-end tax planning strategies address recent tax law changes enacted to help taxpayers deal with the pandemic, such as tax credits for sick leave and family leave and new rules for retirement plan distributions, as well as techniques for putting your clients in the best possible tax position.

RESOURCES

Keeping you informed and prepared amid the coronavirus crisis

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.