Just as we value companies and municipalities with business practices that contribute to strong, sustainable results, we at Breckinridge are committed to the environment and the communities in which we live, work and invest.
Our sustainability steering committee, made up of members from across the firm, has mobilized our entire staff to scrutinize our practices, identify areas of risk, brainstorm areas for improvement and take action in the areas of corporate governance, environmental impact, employee well-being and charitable outreach.
We embrace the concept of charitable giving and community support and encourage our employees to be generous with their time in support of organizations that are meaningful to them. To that end, Breckinridge is committing 1% of our gross revenues in 2013 to charitable causes. This includes matching employees’ charitable giving up to $1,000 per person for financial donations or for volunteer hours served. Each employee is also offered an additional paid day off for volunteer work. On a company level, we have strengthened our commitment to our community by instituting a company-wide day of service which will be spent with local non-profits. Expanding this commitment to the communities in which we invest, we have allocated $7,500 per year to nine regional teams that are responsible for identifying compelling non-profits in their region that could benefit from our support.
Finally, to broaden our impact and learn from other sustainability-oriented organizations, we have become a certified B Corp and are members of the United Nations' Principals for Responsible Investment (PRI), Sustainable Investment Research Analyst Network (SIRAN), the Forum for Sustainable and Responsible Investment (SIF), and the National League of Cities (NLC). In addition, we regularly attend industry conferences and events such as the SRI Conference on Sustainable, Responsible, Impact Investing and the National Institute for a Sustainable Economy (NISE).
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