Broadridge strives to be an engaged stakeholder in the communities in which we work and live. For this reason, we seek to make social investments with lasting impact for future generations, making our communities a better place to live.
As a company we have a long history of supporting our communities, and we were proud to announce the next chapter in those efforts with the creation of the Broadridge Foundation in March of 2009. One of the Foundation’s key relationships is with the MV Foundation, a non-profit organization inspired by the Magsaysay Award winner, Dr. Shantha Sinha. The MV Foundation has developed a unique and powerful approach to tackle the problems of child labor and illiteracy in India, by enrolling children in Residential Bridge Camps ("RBCs"). RBCs provide a learning platform for children who have been involved in bonded and non-bonded labor activities and equip them with the knowledge and skills to integrate them into formal schools of learning.
In the US, the Foundation also supports various charitable causes such as the Make-A-Wish Foundation, the American Cancer Society, the American Heart Association, the United Way and select others. Additionally, our associates can contribute to their communities through our Matching Gift Program, a percentage matching program based on the contributions of our associates. From time to time, the Foundation may evaluate and support other philanthropic endeavors that embody our core values and that have shown an outstanding track record of solid results in their respective fields. That is how, through the Foundation, we can make a social investment one solution at a time.
Broadridge supports Fountain House, an organization headquartered in New York City that provides employment, education, housing and community support for individuals with mental illness.
And we are proud to be one of the eleven corporations that founded and launched the “100,000 Jobs Mission” in March of 2011. The Mission has a goal of hiring 100,000 transitioning service members and military veterans by 2020. Today, the Mission has 94 organizations that are joining forces to hire this talent into their respective businesses.
We encourage our associates to volunteer in their communities and many of our associates do so. In our Park Avenue, New York and Edgewood, New York offices our associates help mentor at local grade schools; at our Journal Square, New Jersey office our associates work with Habitat for Humanity and Junior Achievement; at our London office our associates volunteer with The East London Business Alliance by engaging in projects that cater to local, disadvantaged and disabled children and adults; at one of our Canadian offices our associates participate in fundraising challenges through the Inside Ride Project to support families and children with cancer and in one of our Indian offices associates volunteer at the local Residential Bridge Camps. Almost every location reaches out to the community.
Broadridge has established the Broadridge Environmental Committee (“BEC”) made up of representatives from multiple departments throughout the organization. This “Green” committee was created with a focus on reducing Broadridge’s impact on our environment.
In line with our carbon footprint initiative, during last year’s proxy season, we used innovative technology to reduce the total volume of mailed proxy packages by 54.1%, which translates to over 160 million fewer envelopes and printed reports. We have helped many of our clients make great progress in reducing their carbon footprints through e-delivery and e-voting by reducing hardcopy proxy distribution.
In 2014, Broadridge partnered with American Forests to protect and restore forests, helping to preserve the health of our planet for the benefit of its inhabitants. For over two decades, their Global ReLeaf program has worked with local partners to plant trees in every state in the US, and in 44 countries around the world. Millions of trees have been planted with their help in areas damaged by natural causes or human activity. For every client satisfaction survey returned by an Investor Communications Solutions client, Broadridge donates $1 to plant trees. Our partnership with American Forests has already resulted in thousands of newly planted trees.
Increasingly, Broadridge is moving toward using environmentally and socially responsible resources to support our operations by initiating the use of paper products certified by the Forestry Stewardship Council (“FSC”). We are committed to further decreasing our carbon footprint through researching, piloting and implementing innovative environmentally friendly solutions.
Learn more about the Broadridge Foundation and our environmental co-op by contacting us.
Rich Daly appears on “Opening Bell with Maria Bartiromo” to discuss the 2015 proxy season and trends around shareholder engagement.
Richard J. Daly, Chief Executive Officer Broadridge Financial Solutions - The National Press Club Washington D.C. Tuesday, February 22, 2012
Valuable information on the role and rights every shareholder has, so they can understand why their actions really...