Corporate Social Initiative: Six Options for Doing Good
* cause related marketing
* cause promotions
* corp social marketing
* coporate philantrophy
* community volunteering
* socially responsible business practices
Cause Promotions
Provides funds, in-kind contributions, or other organization resources to increase awareness and concern about a social cause OR to support fundraising, participation, or volunteer recruitment
Cause Related Marketing
Commits to making a contribution or donating a percentage of revenues to a specific cause based on product sales
Social Marketing
Supports the development and/or implementation of a behavior change campaign
Corporate Philanthropy
Makes a direct contribution to a charity or cause, most often in the form of cash grant, donations, and/or in-kind service
Community Volunteering
Supports and encourages employees, retail partners, and/or franchise members to volunteer their time to support local community organization and causes
Socially Responsible Business Practices
Adopts and conducts discretionary business practices and investments that support social causes to improve community wellbeing and protect the environment
Socially Responsible Business Practices
Community trade, environmental friendly process
The most traditional of all corporate social initiatives and for many decades was approached in a responsive, even ad hoc manner