Bloomberg: Philanthropy & Engagement

Bloomberg is about people. We rely every day on the dedication and inventive spirit of our employees in our mission to be the premier provider of key information for business, finance and public affairs around the world. Our philanthropic giving and employee engagement initiatives are designed to support our business. We actively encourage our employees to join us in improving the environment and quality of life in the places where they live and work. Through volunteerism and charitable giving we help employees become well-rounded corporate citizens who understand how their actions within and outside the workplace have real value beyond our business. Learn more about our Philanthropic efforts.

Videos from this campaign

At Bloomberg, our culture of innovation and collaboration encourages new perspectives. We proudly support artists and organizations to strengthen the creative landscape in communities across the globe.

Content from this campaign

Innovation & Technology

Hacking to Save Endangered Species: The London Zoohackathon
The lives and work of software engineers and conservationists might seem worlds apart. However, last month the two came together at the Zoohackathon, hosted by ZSL London Zoo, in collaboration with Bloomberg and the U.S. Embassy London, to develop technological tools to protect endangered species around the world.

Philanthropy & Cause Initiatives

All-In Philanthropy: The Story of Bloomberg LP's Rebuilding Team in the U.S. Virgin Islands
After hurricanes Harvey, Irma and Maria devastated communities in the southern U.S. and the Caribbean, America’s CEOs reacted by orchestrating one of the single largest philanthropic moments in recent memory. Their contributions were unique both in the scale of their generosity and the method of their execution: many companies went beyond traditional check-writing philanthropy and embraced a more active role.

Philanthropy & Cause Initiatives

Big Bet Philanthropy: These Gifts of $25 Million or More Target Society's Toughest Problems
Large fortunes beget large gifts, and more than ever, prominent philanthropists and foundations are anteing up $25 million-plus to help tackle problems of poverty, disease, substandard education and more. Boston's Bridgespan Group found 74 such gifts in 2016, totaling $6.7 billion. Its panel of outside experts then ranked the 10 most promising.

Philanthropy & Cause Initiatives

How Michael Bloomberg Landed in the Center of the Virgin Islands' Hurricane Recovery
Former New York City mayor Michael Bloomberg, a billionaire known for his activism on climate change and gun safety, said he had no grand scheme to become involved in hurricane recovery in the Caribbean.

But what started off as an effort to provide quick emergency assistance in the U.S. Virgin Islands, where his Bloomberg L.P., co-founder Tom Secunda has a home, has turned into a new kind of project for Bloomberg and his key aides, putting them at Ground Zero of efforts to rebuild the tiny U.S. territory.

And there's a chance it could grow into a Bloomberg specialty as coastal communities and islands like these cope with increasingly extreme weather.

Media & Communications

Michael Bloomberg on the Timeliness of His Coal Industry Doc 'From the Ashes'
President Trump ran on a campaign that promised to bring the coal industry back in America. But to billionaire mogul, former New York City mayor and philanthropist Michael Bloomberg, that’s an empty promise given that long before climate change activists began railing against it, the industry was on a downward trajectory because of technology and cheaper alternatives like natural gas. In 2015, the founder of the privately-held Bloomberg L.P. asked top lieutenant Katherine Oliver to back a film that could explain the issue from both sides — the workers displaced when coal plants close and the health costs of the polluting industry when they remain open. The result is Michael Bonfiglio’s From the Ashes, one of the environmental-themed contenders in this year’s Oscar documentary feature race.

Environment

Michael Bloomberg on a Near-Presidential Run, a Call to Trump and His "War on Coal" Movie
After building a sprawling financial-services and media empire, Bloomberg LP, which employs 19,000 people and brings in annual revenue of about $9 billion, Bloomberg, who has two daughters, Georgina and Emma, from a previous marriage, has pledged to give away most of his personal fortune, estimated at $47.8 billion. Founded in 2006, Bloomberg Philanthropies boasts assets of $10 billion (the mogul himself so far has contributed $5 billion) and employs 120 people. As part of its environmental efforts, the foundation has donated more than $100 million to move America away from coal.

Philanthropy & Cause Initiatives

Michael R. Bloomberg Commits $50 Million to International Effort to Move Beyond Coal, Reinforcing Leadership on Global Climate Action
Just after announcing a renewed commitment of $64 million to the Beyond Coal campaign in the United States and during this year’s UN Climate Conference COP 23 in Bonn, Germany, Michael R. Bloomberg, U.N. Secretary-General’s Special Envoy for Cities and Climate Change, announced a $50 million commitment to partners worldwide to catalyze a global effort to move nations away from coal dependence. European Climate Foundation will be the leading partner in Europe.

Energy

Mike Bloomberg Contributes $64 Million to Sierra Club’s Beyond Coal Campaign
The Trump Administration with Scott Pruitt leading the charge may be dismantling the Clean Power Plan, but former Mayor of New York City is doing his part to advocate for cleaner sources of power in the U.S. Hours after President Trump made his plans for the Clean Power Plan clear, Bloomberg announced he would contribute $64 million to the Sierra Club’s Beyond Coal program.

Environment

Bloomberg Announces $64 Million in New Funding to Move America Beyond Coal as Trump EPA Tries to Prop up Dead End Fuel Source
One day after the Trump Administration formally announced its plans to rescind the Clean Power Plan, the Obama Administration’s climate change policy that has been held up in federal court, Michael R. Bloomberg announced a new commitment of $64 million to support the Sierra Club’s Beyond Coal campaign and other organizations working to advance the U.S. clean energy market at the state and local level. Pollution from coal-fired power plants is the largest source of carbon emissions and kills 7,500 Americans annually, down from 13,000 when the Beyond Coal campaign began expanding in 2011 through support from Bloomberg.

Sustainable Development Goals

As the Clintons Step Back From Global Stage, Bloomberg Steps Up
For more than a decade, the Clinton Global Initiative was the star-studded marquee attraction during the annual meeting of the United Nations General Assembly, a place where heads of state, celebrities, billionaire philanthropists and business people mingled, made deals and gave away millions, sometimes billions, of dollars.

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