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We understand that success is always mutual, which is why we've created a culture at Broadridge where the highest goal is to empower others to achieve more — whether they be business partners or underserved individuals in the communities where we work and live. By partnering with community organizations, providing educational opportunities in underserved areas, donating resources to charitable causes and simply volunteering our time, we hope to elevate our communities and extend success where success is demanded.
It's partly about our commitment to service and partly just the way we do business.
There's a direct connection between employee engagement, client satisfaction, and the creation of shareholder value — a concept known by many as the Service Profit Chain. At Broadridge, we put this idea to work in our communities, just as we do for our valued partners. We recognize that the stronger our commitments to the communities around us, the more we're both empowered to grow and achieve — and hence the more value we're able to provide to the marketplace. In other words, we prize our CSR efforts as a win-win-win, the result being a stronger company, deepened relationships, and a better world to live in.
At the heart of our CSR efforts is the Broadridge Foundation, which identifies meaningful ways to engage with our communities to make a local impact. Through the Foundation, we direct resources to charitable causes, develop community focused action plans, and provide donation-matching for each of our associates, among other efforts.
Some of our most notable Foundation-led efforts empower Broadridge associates to lead and participate in projects that matter to them and their communities. While numerous such initiatives take place across our organization, we have highlighted a select few below.
More than 2,000 children have successfully transitioned from bonded labor into our “pre education system” and more than 1,200 have since graduated into the formal education system. 60 pursue higher education and 10 earned the equivalent of Bachelor’s degrees.
In partnership with the India-based MV Foundation, Broadridge helps educate children who have been subjected to child labor by providing complete financial support of boarding schools known as Residential Bridge Camps.
We have also supported the Sri Vidhyas Centre, an institution where physically and mentally challenged children from all backgrounds can learn the skills needed to live a productive life.
As a financial solutions provider, we believe that it's critical to lend our expertise to young adults, especially those in underserved communities. Broadridge has partnered with the SIFMA Foundation and their “Invest It Forward" campaign in support of this goal.
With our partner NPower, Broadridge aims to provide STEM-related educational opportunities to disadvantaged young adults.
At Broadridge, we know that engagement happens from the bottom up, so we strive to provide each of our associates with the tools they need to address the problems that matter to them. Toward that goal, we provide each Broadridge associate with three paid days annually for volunteer service — whether that be in local schools, on community building projects or for any cause they feel is worth pursuing.
While volunteer service embodies the core values of our CSR program, we understand that impactful solutions require strong financial backing. Through our Broadridge Matching Gift Program, we match the charitable donations of every part or full-time Broadridge associate, dollar for dollar.
Consistent with the need for corporations to thoughtfully engage with the world around them, we strive to continually reduce our environmental impact through the efforts of our Broadridge Environmental Committee (BEC). While the BEC pursues numerous objectives, one particular area of recent focus has been in the reduction of paper waste — general strategies for which were recently discussed in an article published in Forbes by our Director and Chief Executive Officer, Rich Daly.
Since 2014, Broadridge Investor Communications Solutions has 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 or conversion to paperless delivery of shareholder materials, Broadridge makes a donation to American Forests to further their important work. Our partnership with American Forests has resulted in the planting of tens of thousands of trees around the world.
“We value our CSR efforts as win-win, the result being a stronger company, deepened relationships, and a better world to live in.”