Why Is The Buy 1 Give 1 Model An Appealing CSR Tool?

Why is the buy 1 give 1 model an appealing CSR tool?

The Buy 1 Give 1 is a charity-based business model that integrates the donation of something to someone in need for each purchase made.  TOMS shoes, for example, donates a pair of shoes to a child in need for each pair of shoes purchased from them; hence one-for-one.  While TOMS is perhaps the most well known proponent of this model, firms worldwide are following suit.

GlaxoSmithKline Releases Malaria Patents To Public

/GOOD.is

Nearly a year ago, GlaxoSmithKline's CEO Andrew Witty announced he intended to cut drug prices in developing countries, invest in hospitals and clinics in those countries, and make GSK's drug patents for certain "neglected diseases" public.

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CNBC Reports on Private Sector Relief to Haiti

Today CNBC interviewed Gerald McSwiggan from U.S. Chamber's Business Civic Leadership Center. The BCLC reports that over 203 companies have donated more than $83 Million to direct aid to Haiti. Watch the interview here http://www.cnbc.com/id/15840232?video=1390412715&play=1