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Big Tech Flirts with Community Development

Big Tech Flirts With Community Development
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Big Tech Flirts With Community Development
Facing calls to invest in racial equity, companies like Netflix, Twitter, and others have recently pledged millions in new financing for affordable housing, small businesses, and other community development projects. Will they stick around? ....

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Novogradac's Chief Social Impact Officer Discusses the Importance of Engaging Stakeholders, Creating a Custom Social Impact Strategy

Published by Teresa Garcia on Tuesday, February 2, 2021
The concept of social impact has been around for decades, but national and global events of the past few years prompted organizations to take a closer look at how they can effect positive change for their stakeholders and communities. Amy Hook, Novogradac’s chief social impact officer, says that for both community and economic purposes, this is a crucial time for businesses to evaluate their social impact, which she defines as the positive or negative effects a company has on the planet and people.
“I think in 2020 we saw how linked social impact topics and the business world actually are,” said Hook. “Look at how COVID, a human health issue, has impacted the business world and our economy–and not just the short-term financial losses. We’re talking about something that potentially could forever change the way we view office work. The social unrest triggered by the killings of Breonna Taylor and George Floy ....

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