More Related Content Similar to Corporate Philanthropy (20) More from Ethical Sector (20) Corporate Philanthropy1. © 2019 Chevron
MCRB Responsible Business Workshop 5:
Corporate Philanthropy
Dee Bourbon – Chevron Asia Pacific Exploration and Production Social Performance Advisor
Yangon 24 October 2019
2. 2© 2019 Chevron
Aspects of good governance for corporate philanthropy
Responsible corporate philanthropy needs:
• A robust and practical regulatory and taxation
regime with appropriate enforcement
• Presence of ethical partners
• Strong internal controls, including monitoring and
evaluation
• The right culture
− Zero tolerance for corruption
− Zero tolerance for human rights abuses
− Philosophy of transparency
− Supportive of ‘whistle-blowers’
• Willingness to share knowledge and learn
• Capacity building with partners.
3. 3© 2019 Chevron
Example of corporate expectations – funding guidelines
Chevron will not fund any organization that
discriminates against a person or group on
the basis of:
• race, religion, color or national origin
• age, sex, gender identity or sexual orientation
• disability or status as a disabled veteran
• political preference, membership or non-
membership in any lawful organization
• other basis prohibited by local laws or regulations.
4. 4© 2019 Chevron
Example of corporate expectations – partner selection
Our partners have codes of conduct or
internal procedures for:
• human rights, child labour, diversity and inclusion
• compliance with laws and regulations
• anti-corruption, financial integrity, conflicts of
interest, giving and receiving of gifts
• data protection and data privacy
• workplace harassment or bullying
• protecting the health and safety of their workforce
• program monitoring and evaluation
• staff and management accountability.
5. 5© 2019 Chevron
Example of corporate expectations – our responsibilities
We are also responsible for good governance
and use the following:
• legal instruments such as grant agreements
• internal policies and guidance documents
• internal audits
• formal staff training and sharing of information
through communities of practice
• regular partner meetings and project visits
• annual social investment metrics and evaluation
reporting
• annual social investment plan review and regular
portfolio reviews
• stakeholder feedback
• a great local team.