1% Pledge

Pledge 1%, is a global movement to create a new normal where giving back is baked into the DNA of companies (of all sizes) from the very beginning.

CHIPS 1% PledgeCompanies pledge to giving one or more of:

  • 1% of revenue or profit
  • 1% of staff time
  • 1% of product
  • 1% of equity

How could it work for your company?

1% of revenue:

  • Allocate 1% of revenue (or profit) as an expense line in your budget
  • Establish a committee, representative of the whole team, to decide how the funds should be donated.
  • Establish a Donor Advised Giving Fund in the Payton Foundation Public Ancillary Fund.
  • Tax deductible funds could be paid monthly to the Fund then directed to charities selected by the committee.
  • Choice of charities is not limited to Health, Housing and Education, but must be to ACNC registered Deductible Gift Recipients (DGR).
  • The Committee may request the Foundation to review a particular charity to which they’d like to donate more than $50k pa if not already on the endorsed list.
  • Encourage staff to partner by offering dollar matching of staff giving
  • Encourage staff to fundraise by dollar matching fundraising efforts – subject to committee setting a limit in each case.

1% of time:

  • Staff have time allocated for volunteering.
  • Volunteer labour or other pro-bono support of professional expertise – legal, compliance, accounting, sales, board governance, etc
  • Payton Foundation will also provide volunteering/engagement opportunities or staff can source their own.
  • Also a good opportunity for team building if you do a group volunteering day.
  • This can include time to go on a cultural immersion trip which could be funded from the 1% of revenue commitment.

1% of product:

  • leverage what you sell to raise funds/awareness
  • it could be a dollar amount per item sold
  • it could be a product or service that directly helps a charity.

What are the benefits to the company?

(based on a survey conducted by 1%pledge.org in the US)

Good for Culture:

Attract top talent:

  • 60% of Millennials state that a sense of purpose is a key reason why they choose to work for their current employers.

Employee satisfaction:

  • Employees who are most engaged in their organisations put in 57% more effort on the job and are 87% less likely to resign

Retain talent:

  • Companies that integrate corporate citizenship into their businesses have 2.3 times the employee retention.
Good for Profit:

Appeal to Consumers:

  • 87% of consumers believe that corporations should place at least equal weight on business and supporting their communities.

Stand out from the competition:

  • 59% of consumers are more likely to buy a product associated with a corporate non-profit partnership
  • clients and investors are looking a companies’ ESG activities now and making decisions based on this.

Increase revenue/dividends:

  • Companies with engaged employees see 26% higher revenue per employee and
  • 13% higher total returns to shareholders
See the impact you'll help to have

Real people.
Real stories.

View Payton Annual Report

What’s possible when we work together.

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