Study: Corporate Citizenship | Page 10

10 03 METHODOLOGY OF THE STUDY PURPOSE OF THE STUDY We share the view that companies should be active corporate citizens and we believe that they should bring the same rigor to their Corporate Citizenship as they do to their core business, revising their approach to Corporate Citizenship from good intentions to creating real results. SCOPE Our definition of Corporate Citizenship excludes pure PR and marketing-related sponsoring, e.g. of cultural events or sports teams. All other activities are included in our analysis, although we believe that three different kinds of Corporate Citizenship have to be distinguished: We are aware that our assumptions on what constitutes good Corporate Citizenship are not unanimously shared in either the for-profit or non-profit sector. But with this study we hope to encourage a debate on the status of good Corporate Citizenship and criteria to measure its quality by... ANALYZING the current Corporate Citizenship of Germany’s DAX 30 companies as the most prominent sample of Germany’s economy, SHARING good national and international Corporate Citizenship practices and PROVIDING guidance for good Corporate Citizenship. 1 2 REACTIVE CORPORATE CITIZENSHIP includes activities in response to requests for support, mainly from the local community, such as donations to regional events or clubs. While this kind of engagement certainly does good, the long-term impact orientation remains limited. TRADITIONAL CORPORATE CITIZENSHIP encompasses all classic tools at hand to engage socially, including financial and in-kind donations, as well as corporate volunteering. 3 INNOVATIVE CORPORATE CITIZENSHIP includes new forms and levers of social engagement by companies with a clear impact orientation, such as inclusive business models, impact investing, advocacy and campaigning activities or the creation of an NGO by the company.