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It's been a particularly hot summer in the US, with record and near-record highs hitting across the countryand that means it's time for corporations to step up their philanthropic efforts to help people deal with the effects of climate change, Fortune reports.
"Corporate climate philanthropy could be of increasing importance in supporting communities to build their resiliency against rising heat impacts, and the need for this support is rising along with temperatures," writes Megan McArdle at the San Francisco Chronicle.
Some examples of what corporations are doing: The Wells Fargo Foundation, for example, is funding energy audits for affordable housing in the Bay Area.
The Beneficial Electrification League is helping low- and moderate-income homes in rural areas weatherize and install high-efficiency electric appliances.
The Red Cross is helping people deal with the effects of climate change by providing water to those in need.
The Salvation Army is helping people deal with the effects of climate change by helping them transition to low- and moderate-income housing.
The American Red Cross is helping people deal with the effects of climate change by providing water to those in need.
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Social Entrepreneurship
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Is Corporate Philanthropy Dead?
Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.