Blackbaud's 2024 Impact Report Highlights Continued Commitment to Corporate Social Responsibility
- High employee engagement with 70% volunteering rate, significantly above global median of 23%
- Substantial environmental progress with 92% reduction in greenhouse gas emissions since 2019
- Strong market presence processing over $100B annually through platforms
- Recognition as 4th out of 450 companies on USA Today's Climate Leaders 2024 list
- Robust governance structure with specialized councils for AI, Deepfake, and sustainability
- None.
Highlights Include Deepening Employee Engagement, Powering Generosity Globally, Progressing Decarbonization Efforts and Strengthening Governance and Transparency
"At Blackbaud, we not only continue to fuel social impact through our innovative software solutions, but we also walk the talk by addressing the issues that matter most to our people, our planet, and our society," said Mike Gianoni, president, CEO, and vice chairman of the board of directors, Blackbaud. "Our latest impact report provides an in-depth look at the standards we hold ourselves to as corporate citizens and the positive changes we're committed to making in the world. Together we're driving meaningful change and making a lasting impact."
Achievements across Blackbaud's key priorities in 2024 included:
People & Culture: Blackbaud is committed to fostering 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: More than
70% of Blackbaud employees volunteered in 2024 (global median23% ). - Talent Development: Provided 18,000 courses through LinkedIn Learning.
- Inclusion:
87% of employees feel that the work they do at Blackbaud is important.
Fueling Social Impact: The most powerful way we build a better world is by fueling the impact of our customers. Blackbaud software enables individuals, organizations, schools, and corporations to secure the resources they need to drive change.
- Powering Giving:
$100B + is raised, granted or managed through our platforms every year, and in 2024, Blackbaud processed 20M donations from individuals for good causes through its JustGiving® platform. - Empowering Changemakers: Blackbaud has millions of users and supporters in 100+ countries.
- Enabling Corporate Employee Engagement: 7.5M+ nonprofit organizations available for corporate workplace volunteering and giving through YourCause® from Blackbaud®.
- Supporting Teachers and Students: 7M+ assignments were created for K-12 students in 2024 through Blackbaud's learning management system.
- Investing in the Future of the Social Impact Sector: In 2024, we unveiled six waves of innovation coming to our product portfolio that will empower nonprofits, schools, corporate social impact teams, and individual changemakers to achieve even greater outcomes.
Environmental Sustainability: 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 the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations.
- Responsible Operations:
25% energy reduction and21% water reduction in Blackbaud's global headquarters office since 2019. - Decarbonization:
100% carbon neutrality for 2024 emissions and a92% reduction in global greenhouse gas emissions since 2019. - Energy Efficiency: Blackbaud's global headquarters earned the
U.S. Environmental Protection Agency's (EPA) ENERGY STAR® certification for superior energy performance. - Climate Impact Recognition: Blackbaud ranked 4th out of 450 companies on
USA Today's list of America's Climate Leaders 2024.
Governance & Data Responsibility: Customer trust is a top priority and embedded in everything Blackbaud does.
- Expertise: Blackbaud's Chief Data & AI Officer Carrie Cobb was honored as one of DataIQ's 100 Most Influential People in Data in 2024.
- Process: Blackbaud formalized its Employee Inclusion and Sustainability Council and established a Generative AI Council and a Deepfake Council to ensure oversight and input on key areas that both employees and customers care about.
- People: Blackbaud continues to increase the specialization of our team in the areas of incident response, vulnerability management, enterprise architecture, data protection, and more, and the company requires that all employees take trainings on cybersecurity and generative AI.
- Technology: Blackbaud is ensuring modern technology and platforms are migrating to public cloud environments across the board and has enhanced cloud-based security posture technology and on-premise encryption capabilities 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 2024 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
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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; 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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