Giving Back Is Good Business

The video discusses various corporate philanthropy initiatives, starting with Earth Shoe's project in Haiti, which donates profits to reforestation and job creation. It highlights business strategies like those of Warby Parker and Toms, emphasizing philanthropy as an investment aligned with shareholder interests. The video also covers Wall Street banks' initiatives post-financial crisis, focusing on community investments. It mentions foundations by billionaires like Bill Gates, aimed at public health and education. Finally, it predicts 2020 as a pivotal year for corporate responsibility in addressing environmental and social issues.

What is the primary goal of Earth Shoe's Redmond Shoe initiative?

• To support reforestation in Haiti

• To expand their market in Boston

• To compete with Warby Parker

• To increase sales in the Caribbean

Which business strategy is shared by companies like Warby Parker and Toms?

• Loyalty rewards program

• Seasonal discounts

• Buy a pair, give a pair

• Buy one, get one free

How do Wall Street banks view their philanthropic efforts?

• As a community service

• As a tax deduction

• As a strategic investment

• As a marketing expense

What is the focus of J.P. Morgan's AdvancingCities initiative?

• Supporting small businesses and communities

• Investing in large corporations

• Funding international trade

• Developing new technologies

What areas do the foundations created by Bill Gates, Li Ka-shing, and Azim Premji focus on?

• Sports and recreation

• Entertainment and media

• Public health, education, and the environment

• Real estate and infrastructure