Written by Elan Schwartz. Originally published on boma.global.
Boma Global announced today that it has joined Pledge 1%, a global movement to create a new normal for companies of all sizes and stages to have a positive social impact through their business. Boma is joining thousands of companies around the world who have committed to Pledge 1% of either their product, profit, equity, and/or staff time to a charity of their choosing.
Boma has pledged to donate at least 1% of its product to the Boma Community. Specifically, any Boma event that is open to the public will have at least 10% of its tickets reserved at a significant discount (50% or more) for people who otherwise would not be able to attend (youth, entrepreneurs, non-profits, creative community, etc) with at least an additional 2% of its tickets available through a full scholarship. Boma is also donating at least 1% of its leadership curriculum and training programs to the Boma Circles community. Boma Circles are composed of passionate volunteers around the world who want to drive change in their local community by identifying sustainable innovation, hosting complex debates and experimenting with new social action formats.
Lara Stein, Co-Founder and CEO of Boma Global, states: “The change required in our systems is, fundamentally, one of values. We must rethink the concepts of business success as it pertains to a company’s impact on the community and world. Profit should not only refer to the financial aspects of our endeavors. Profit should include the morale, quality of life, inclusive workplace, the health of workers, and environmental impact. It should be this “ethical profit” we strive to accumulate and boast about in boardrooms.”
Boma is proud to join the Pledge 1% community and encourages other companies to take the pledge and leverage their business as a force for good.
About Boma Global
Boma is a global network of local partners offering transformational learning experiences (events, executive programs, workshops, etc.) for leaders and changemakers of today and tomorrow. In a world of dramatic and continuous change, we believe a positive future requires intentional and intelligent action today.
About Pledge 1%
Pledge 1% is a global movement that inspires, educates, and empowers every entrepreneur, company, and employee to be a force for good. Over 10,000 members in 100 countries have used Pledge 1%’s flexible framework to ignite half a billion dollars in new philanthropy. To learn more about Pledge 1% and to take the pledge visit www.pledge1percent.org.