Business
Charity begins at home for Galway businesses
Twenty nine companies in Galway contributed just short of three-quarters of a million euro to support community groups and organisations last year.
Over 300 community partnerships have been established through this contribution of €748,000 euro to help address key social issues and causes – and on top of that, employees volunteered over 5,000 hours to local groups and projects in Galway.
The information was collated by Business in the Community Ireland (BITCI), for an online interactive map entitled the “Business Impact Map” which gives a county by county breakdown of how companies and their employees supported their local community groups and charities during 2014.
The companies – either based in Galway or with operations here – included A&L Goodbody, Abbott Ireland, Amgen, Arup, BAM Contractors Ltd, Bank of Ireland, BaxterStorey, Boots, BT Ireland, Enterprise Rent A Car, ESB, IBM Ireland and Intel Ireland.
They also included KBC Bank Ireland, Kellogg’s, KPMG, Marks & Spencer, Microsoft Ireland, MSD, Oracle Ireland Ltd., Roadbridge, RTE, Shell E&P Ireland Ltd., State Street, Tesco Ireland, Top Oil, Topaz, Ulster Bank and the Vodafone Ireland Foundation.
The map which can be viewed online at http://livemaps.bitc.ie captures statistics from 48 of Ireland’s largest companies that are members of Business in the Community Ireland, Ireland’s leading organisation on corporate responsibility and only network for responsible business practices.
National statistics show that over €10.5 million was given in cash donations; €8.6 million was contributed through in-kind donations and almost €3.5 million was raised through employee fundraising. Employees also volunteered over 212,000 hours to local groups and projects during the year, a significant increase from 162,000 in 2013.
Social issues that received the most support in Ireland were health at almost €6.6 million, education programmes at €2.3 million, children and youth projects at €2.28 million and poverty programmes at €2.26 million.
Increasingly, employees want to work with companies who have values that align with their own and also expect companies to engage with community groups as standard. According to a PWC Millennials Study in 2014, 1 in 2 recent college graduates are seeking a company that has CSR values that align with their own.
In addition, companies know that promoting volunteering amongst staff can improve morale and engagement. 88% of HR Executives believe that volunteerism has a positive impact on reputation and is valued by and benefits staff according to a 2013 Deloitte Volunteer Impact Survey.
The new President of Local Ireland, the association representing local news publishers around the country, is Head of Irish Times Regionals Dan Linehan.
Mr Linehan takes over the presidency from Declan McGuire of the Connacht Tribune. His appointment was confirmed at the recent Annual General Meeting of Local Ireland at Bloomfield House Hotel near Mullingar, Westmeath.
Mr Linehan, who has served as Vice President of the organisation for the last two years, said: “The coming years are a very important time for local publishers with many important issues to be addressed, including the implementation of the Future of Media Commission recommendations, defamation reform, the role and support for local publishers in public service reporting and helping publishers develop commercial digital offerings.”
Speaking at the AGM, Mr McGuire acknowledged the work done by the Executive in the past two years under the direction of Executive Director, Bob Hughes, on several projects related to the publishing industry but most especially the successful conclusion of the long-running campaign for the abolition of VAT on newspapers.
He also wished Mr Linehan the very best in his new role as President of the association for the next two years.
Mr Hughes thanked Mr McGuire for his leadership and support during his term of office and said he looked forward to working with Mr Linehan on the key policy priorities for the association, including Government supports, Government advertising, fair remuneration for content from the tech platforms and the reform of the legislation for defamation.
Local Ireland members also elected Seán Mahon, Managing Director of the Southern Star, as Vice President for the next two years.
The shortage of affordable housing is the single biggest impediment in attracting and retaining workers in the West, according to business group Ibec.
At a ‘Regional Insights Series’ meeting in the Galmont Hotel in Galway last week, employers were told that capacity constraints and labour supply are the key challenges facing business growth in the region.
Ibec Head of Regional Policy Helen Leahy said: “There must be greater focus by government on enhancing quality of life issues such as housing and infrastructure which are driving labour shortages in the region.
“Ibec’s vision for the West is to realise its potential to become a globally competitive location. An inadequate supply of affordable housing is now the single largest impediment to attracting and retaining talented workers, without whom business investment and expansions are not possible.
“Labour shortages are a real concern for businesses in the region. People decide where to live and work based on quality of life and access to high quality services and amenities. Industry tends to follow talent, and in this regard, the region needs to have all the building blocks in place as the attraction and retention of world-class talent becomes increasingly competitive on a global level,” said Ms Leahy.
Amongst Ibec’s priorities for the West are:
- Addressing housing and infrastructure challenges
- Transitioning towards a new growth model with Net Zero energy powered by Atlantic offshore wind resources
- Adapting businesses to the new economic realities
- Enhancing capacity and skillsets to achieve sustainable development objectives
- Investment in people and skills
- Creating competitive advantage through digitalisation
- Innovation as a key driver of productivity growth
One in five Galway businesses want to go fully cashless, as the move towards card payments and tapping continues unabated post-Covid.
In all, 22% of Galway businesses would like to be fully cashless, according to a survey carried out by BOI Payment Acceptance (BOIPA), a provider of payment technology solutions, which asked Irish businesses about the current payment landscape as well as business confidence and concerns.
Over one-third (36%) of Galway businesses were unaware there is no contactless limit on mobile wallets – just below the national average – while 54% believe the increase in card over cash transactions has helped them run their business.
Six out of ten Galway businesses expect to grow this year despite the cost-of-living crisis and running costs dominating as key concerns; 62% believe their business will grow over the next twelve months despite global economic uncertainty.
Unsurprisingly cost-of-living increases and running costs were the main concerns the majority of businesses had.
For more, read this week’s Connacht Tribune.
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