CHARLESTON, SC, February 4, 2021 / PRNewswire / – Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company in the development of social good, today announced that it has expanded its environmental, social and governance (ESG) program to further its commitment to building a better world. For nearly four decades, Blackbaud has made an impact for social good, providing cloud software, services, experience and data intelligence that empower and connect people around the world.
Based on its mission to help good control, Blackbaud has:
- Formalized executive sponsorship of its ESG program with CEO Mike Gianoni, including future supervision of the board of directors
- Launched an employee-led ESG steering committee consisting of the company’s multifunctional leaders representing:
- Environmental: Use of Resources, Emissions and Innovation
- Social: workforce, impact on the community, product responsibility, data privacy and cybersecurity
- Governance: Management Strategy, Shareholders and Corporate Responsibility
- Created an ESG Program Manager role to take responsibility for ESG measurement and reporting
- Committed to reporting in line with the recommended SASB standards for the software and IT services industry and even more in line with other global ESG reporting frameworks as they evolve
“Our company exists to provide specific solutions that help the social welfare industry to build a better world,” said Mike Gianoni, President and CEO of Blackbaud. “For years, we have been a proud partner on purpose, creating lasting value for our customers, employees and communities. Last year’s challenges proved that social good and corporate responsibility are more important than ever. Now, we are committed even greater with our ESG program, which is a natural extension of the values that have always been in our DNA. ”
Blackbaud is committed to governing its business ethically, being a caring employer, contributing to causes and communities through corporate philanthropy and seeking sustainability. The company’s long history of generating social impact is demonstrated by the fact that:
- Social organizations using Blackbaud technology increase, invest, manage and reward more than $ 100 billion every year.
- One in three Fortune 500 companies relies on Blackbaud to boost its employee donation and volunteer programs, which include more than eight million employees or more $ 800 million traded through Blackbaud.
- Blackbaud employees are highly involved – 25% serve on boards of non-profit organizations and 92% are volunteers, accumulating more than 100,000 annual hours in support of the community and also qualifying for time off through the Blackbaud Volunteer Vacation Program.
- Blackbaud opened a new world headquarters in June 2018 who achieved the gold status of Leadership in Energy and Environmental Design (LEED) of the US Green Building Council. In 2020, with the launch of a new and flexible workplace strategy, the company correctly sized its property portfolio, leading to an overall reduction of approximately 50% in the workspace.
- The company continues to prioritize diversity and inclusion in the workplace, supporting business affinity groups led by employees, including veterans, LGBTQ +, women in technology, women in sales, African American employees, remote employees and interested employees in sustainability.
- Blackbaud is proud to have appointed its first Director of Diversity and Inclusion and established a Global Diversity and Inclusion Council last year.
In April, Blackbaud will release its third annual Social Responsibility Report, which will provide more details on the company’s ESG efforts and disclosures. More information about Blackbaud’s Corporate Social Responsibility program can be found here.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world’s leading cloud software company providing social goods. Serving the entire social welfare community – non-profit organizations, higher education institutions, elementary and high schools, health organizations, religious communities, artistic and cultural organizations, foundations, companies and individual change agents – Blackbaud connects and empowers organizations to increase their impact through cloud software services, experience and data intelligence. The Blackbaud portfolio is adapted to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, defense, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, donations, financial management, payment processing and analysis. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the UK. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
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Forward-Looking Statements
Except for historical information, all statements, expectations and assumptions contained in this press release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding the expected benefits of the products and characteristics of the products. Although Blackbaud tries to be accurate in making these forward-looking statements, it is possible that future circumstances may differ from the assumptions on which these statements are based. In addition, other important factors that may cause materially different results include the following: general economic risks; uncertainty about increasing business and renewing existing customers; continued success in sales growth; management of the integration of acquired companies and other risks associated with acquisitions; risks associated with the successful implementation of several integrated software products; the ability to attract and retain key personnel; risks associated with growth management; long sales and implementation cycles, especially in larger organizations; technological changes that make our products and services less competitive; and the other risk factors established from time to time in the SEC filings for Blackbaud, copies of which are available free of charge on the SEC’s website at www.sec.gov or upon request from the Blackbaud investor relations department. All Blackbaud product names that appear here are trademarks or registered trademarks of Blackbaud, Inc.
SOURCE Blackbaud, Inc.
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