We are beginning to see a shift in the way that companies operate, starting to put more focus on charity work.

When we hear the word philanthropy, it is likely that what initially comes to mind is the whole host of celebrity philanthropists that have become better recognized for their charitable endeavours than those with which they constructed their fortunes in the first place. For a lot of people, when they find themselves in a position with lots of cash from a profitable profession, it is a great opportunity to turn to assisting causes that are possibly closer to your heart than those which you dedicated your career to. Helping the environment is a lot of more motivating than developing property, for instance. This perhaps tells us something about what is really pleasing in life, and that someone would rather be remembered as the most generous person in the world, distributing big amounts of cash rather than making big amounts of cash. We are even beginning to see this mindset infiltrate the business structures that are generally not constructed around giving cash away but exclusively the making of larger profits, with lots of companies like Vanguard Group, devoting a significant portion of their earnings to charitable enterprises.

The world today is a complex place, with various forces at play creating and resolving and after that creating once again a big array of issues that seem to simply keep piling up around the world. Everyone might feel a deep desire to help to fix them, however not know how to help when caught up in the daily drudgery of work and earning money to live. However, the two might be a bit more connected than you first believed. In the past, philanthropy has been something mainly disconnected from the primary centres of wealth generation, but the philanthropy meaning has actually started to change over the last few years. It is not just personal wealth in the sense of individual wealth that is being turned to charitable causes that have the real potential to alter the world for the better, however corporate wealth also, with businesses like SJP contributing to helping causes that might have a real effect on the world as we understand it.

It was once the case that, unless you worked in a foundation job or had actually managed to amass a huge private wealth from your profession in a sector outside of charity, you might have struggled to actually bring charity work into your everyday life. Nevertheless, in recent years, there has been a significant shift in the ways that numerous business enterprises choose to operate, acknowledging their part in matters generally reserved for charities. Companies like Morgan Stanley will now consider ESG, or environmental and social governance, a vital part of their business enterprise plans, helping companies to contribute to a much better world too.