Blackbaud (NASDAQ: BLKB) saw its shares move up Tuesday, as the world's leading cloud software company shared ways it is supporting generosity and philanthropy through its global corporate social responsibility program. Blackbaud's vision is to power an Ecosystem of Good® that builds a better world. While the company supports the social good community with software and solutions, it is also dedicated to being an active participant in helping good take over.
"We're working to build a better world alongside our customers and the larger social good community, as well as through philanthropy, employee commitments, and operations that help create a thriving and sustainable future for all," said Chief Culture Officer Margaret Driscoll.
Blackbaud's contributions and activations to help good take over in 2022 include:
• Donation to Project Drawdown: Earlier this year, Blackbaud announced its annual major donation, this year making a multi-year, six-figure gift to Project Drawdown, a nonprofit focused on solutions for climate change.
• Employee Volunteering: Blackbaud held nearly 100 employer-led volunteer opportunities in five countries this year. This includes the company's annual Week of Caring, held in November, during which employees completed 25 projects in 11 U.S. cities.
• Additionally in 2022, Blackbaud achieved carbon neutrality and committed to new, transparent sustainability reporting. Blackbaud has been recognized by Newsweek as one of America's Most Responsible Companies 2023, by Quartz as one of the Best Companies for Remote Workers, and was named to Forbes' list of America's Best Employers 2022.
BLKB shares gained 92 cents, or 1.6%, to $57.47.
