Many large enterprises have social responsibility funds, and the global top 500 enterprises play a very important role in social investment and construction. Higher education is also closely integrated with enterprises and interacts with them. UNESCO recently released a report calling on private assets to invest in education more effectively.
A new report of the United Nations Educational, Scientific and Cultural Organization (UNESCO) calls on the world's highest-paid companies-Fortune Global 500-to increase investment in education. The report entitled "Enterprise Supporting Education" shows that in 20 13 years, the total expenditure of Fortune Global 500 companies on education-related projects was $2.6 billion, accounting for 13% of their total corporate social responsibility (CSR) budget. According to UNESCO, by 2020, this proportion will reach 20%.
In a new report called "Business Support Education", UNESCO called on the top 500 enterprises in China to increase their investment in education. According to the report, in 20 13, the investment in education by the top 500 enterprises in the world was 2.6 billion US dollars, accounting for 13% of the social investment budget, and the proportion should reach 20% by 2020.
How do Fortune 500 enterprises support education?
Less than half of the global top 500 enterprises use corporate social responsibility funds for higher education, and only 4.3% of corporate social responsibility investments are used for higher education funding programs, such as scholarships, grants, infrastructure and research resources.
How do Fortune 500 enterprises support education?
Less than half of the world's top 500 enterprises have invested social responsibility funds in higher education, and only 4.3% have invested in higher education in the form of scholarships, research funds and infrastructure construction funds.
Between 20 1 1 and 20 13, the top 10 investors of the global top 500 in the field of education are Santander Bank, IBM, Telefó nica, ExxonMobil, Target, GlaxoSmithKline, Microsoft, Toyota Motor, Rio Tinto Group and Wells Fargo. Among them, ExxonMobil is in a leading position in higher education funding, and allocated $47.3 million for corporate social responsibility activities in this field in 20 13.
During the period of 20 1 1-20 13, the top 10 companies in the global top 500 enterprises investing in education are Santander Bank, IBM, Telefó nica, ExxonMobil, Target, GlaxoSmithKline, Microsoft, Toyota Motor, Rio Tinto Group and Wells Fargo. Of course, ExxonMobil is the leader in higher education investment. In 20 13, the company invested 47.3 million US dollars in social funds for educational enterprises.
Suggestions on more effective education funding
According to UNESCO, education funds still lag behind the global demand, and education has long been neglected by corporate social responsibility plans, which often focus on health care and other industries. At last, the report puts forward a series of suggestions for enterprises, and outlines the strategies for developing more effective corporate social responsibility activities in the field of education. The key points include: thinking long-term; Ensure that CSR projects are well integrated with business models; Focus on demand-based initiatives; And coordinate effectively with other agencies. The report believes that simply investing more cash does not always have the greatest impact; On the contrary, in the long run, methods based on effective innovation and cooperation may bring better results.
How to invest in education more effectively
UNESCO pointed out that education funds are still insufficient, and the proportion of investment in education in corporate social funds has lagged far behind that in medical care. The report contains a series of suggestions on improving the efficiency of education investment.
Suggestions, such as long-term planning, ensuring the perfect combination of corporate social funds and business purposes, and effective cooperation with other institutions. Of course, more investment may not bring greater benefits, but in the long run, it may bring greater benefits.
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