What Corporate Philanthropy Can - and Cannot - Tell Us About Social Performance

Clara Miller, President of the F.  B. Heron Foundation, writes in the Huffington Post about her foundation’s research on the degree to which a company’s philanthropy signifies good social performance. They found that the existence of a philanthropic activity (a foundation, community giving, etc.) was often a false positive for a company's environmental, social and governance (ESG) performance.  Miller explains why that might not be such a bad thing.