Highlights Include Maintaining 100% Carbon
Neutrality, Cultivating a Highly Engaged Workforce and
Enhancing Security
CHARLESTON, S.C., May 14, 2024
/PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of
software for powering social impact, today released its 2023 Impact
Report, sharing how the company has advanced its environmental,
social and governance priorities in the past year.
"At Blackbaud, we're committed to fueling impact and unleashing
generosity – not only through our software, but by taking action on
the issues that matter most to our people, our community and our
planet," said Mike Gianoni,
president, CEO and vice chairman of the board. "This report gives a
detailed look into the standards we hold ourselves to as corporate
citizens and the positive changes we're committed to making in the
world. I am proud of the progress we have made and energized by all
we have ahead of us."
Achievements across Blackbaud's key priorities in 2023
included:
People and Culture/HR: Blackbaud is committed to creating
a great place to work, with a focus on employee engagement,
development, well-being, inclusion and a long history of commitment
to philanthropic work.
- Philanthropy: 70% of Blackbaud employees volunteered in
2023.
- Employee Engagement: 91% participation in annual
employee engagement survey, with 86% of employees saying they feel
the work they do at Blackbaud is important.
- Inclusion: 43% of Blackbaud employees belonged to an
affinity group—a 10% increase in 2023.
Fueling Social Impact: Blackbaud fuels the impact of its
customers with software and resources that enable organizations to
drive change and power vital learning that transforms lives and
communities.
- Individual Changemakers: Over one million fundraising
pages were created, and 19 million donations were made on
Blackbaud's JustGiving® platform alone.
- Nonprofits and Charities: Organizations using Blackbaud
Raiser's Edge NXT® and analytics saw a 21% increase in average gift
size over a two-year period – growing funds used to support their
social impact goals.
- Education Institutions: Over 3.2 million students
participated in critical skills education through EVERFI® from
Blackbaud®, totaling 8.8 million hours of learning across the
globe.
- Companies: 2023 saw a 65% increase in employee volunteer
hours powered by YourCause® from Blackbaud®, and 1.9M learners completed a workplace training
powered by EVERFI from Blackbaud.
Driving Climate Solutions: Blackbaud is committed to
reducing its environmental impact and supporting customers in their
sustainability efforts. Blackbaud participates in CDP's public
disclosure and aligns its reporting with TCFD recommendations.
- Decarbonization: 100% carbon neutrality for 2023
emissions and a 92% reduction in global GHG emissions since
2019.
- Responsible Operations: 23% energy reduction and 45%
water reduction in Blackbaud's global headquarters office since
2019 with the transition to a remote-first workforce approach.
- Strategic Partnership: Blackbaud is a proud, multi-year
philanthropic sponsor of Project Drawdown, a nonprofit focused on
solutions to climate change.
Governance and Data Responsibility: Customer trust is a
top priority and embedded in everything Blackbaud does.
- Expertise: Blackbaud was named Governance Team of the
Year in Governance Intelligence's Annual Corporate Governance
Awards, recognizing outstanding achievements in governance, risk,
and compliance.
- Process: Blackbaud's board of directors amended tenure
limits for independent directors within its Corporate Governance
Guidelines to assure that fresh ideas and viewpoints are
represented on the board.
- Talent: The company appointed a Chief Privacy Officer to
oversee data privacy and manage risks related to privacy compliance
and privacy laws.
- Technology: Blackbaud increased the specialization of
its cybersecurity team in incident response, vulnerability
management, enterprise architecture and data protection, and
enhanced its cloud-based security posture technology and on-premise
encryption capabilities designed to protect against ransomware and
malware.
To learn more about how the company is fueling change through
its practices, commitments and technology, view the full 2023
Blackbaud Impact Report here.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the
leading software provider exclusively dedicated to powering social
impact. Serving the nonprofit and education sectors, companies
committed to social responsibility and individual change makers,
Blackbaud's essential software is built to accelerate impact in
fundraising, nonprofit financial management, digital giving,
grantmaking, corporate social responsibility and education
management. With millions of users and over $100 billion raised, granted or managed through
Blackbaud platforms every year, Blackbaud's solutions are
unleashing the potential of the people and organizations who change
the world. Blackbaud has been named to Newsweek's list of America's
Most Responsible Companies, Quartz's list of Best Companies for
Remote Workers, and Forbes' list of America's Best Employers. A
remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa
Rica and the United
Kingdom, supporting users in 100+ countries. Learn more
at www.blackbaud.com or follow us on X/Twitter, LinkedIn,
Instagram and Facebook.
Media Inquiries
media@blackbaud.com
Forward-looking Statements
Except for historical
information, all of the statements, expectations, and assumptions
contained in this news release are forward-looking statements that
involve a number of risks and uncertainties, including statements
regarding expected benefits of products and product features.
Although Blackbaud attempts to be accurate in making these
forward-looking statements, it is possible that future
circumstances might differ from the assumptions on which such
statements are based. In addition, other important factors that
could cause results to differ materially include the following:
general economic risks; uncertainty regarding increased business
and renewals from existing customers; continued success in sales
growth; management of integration of acquired companies and other
risks associated with acquisitions; risks associated with
successful implementation of multiple integrated software products;
the ability to attract and retain key personnel; risks associated
with management of growth; lengthy sales and implementation cycles,
particularly in larger organization; technological changes that
make our products and services less competitive; and the other risk
factors set forth from time to time in the SEC filings for
Blackbaud, copies of which are available free of charge at the
SEC's website at www.sec.gov or upon request from Blackbaud's
investor relations department. All Blackbaud product names
appearing herein are trademarks or registered trademarks of
Blackbaud, Inc.
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SOURCE Blackbaud