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News release


13 February 2009

City Action plays successful Cupid in the City on Valentine's Day

City of London Corporation acts as corporate Cupid between City firms and community organisations

With Valentine’s Day just a day away, the City of London Corporation’s corporate volunteer ‘match-making’ service, City Action, reflected on its success setting up and maintaining “deep and meaningful” relationships between City firms and community organisations. City Action has seen a 27% increase in the number of matches between businesses and community organisations in the last six months, and facilitated 178 matches for community organisations in 2008.

City Action is a ‘dating’ service for City firms and SMEs that wish to volunteer with community organisations in the City fringe boroughs to set up more long-term, satisfying relationships which fulfill the needs of both parties. City Action facilitates meetings between volunteering firms and their chosen community group or charity, and provides guidelines relating to their volunteering activity.

In such cross-sectoral projects, miscommunication and conflicting agendas or timeframes are not infrequent – particularly at the outset. City Action works as Cupid for the partners by providing an intermediary liaison service. Each volunteering match is followed up with an evaluation, which is of particular use to CSR and HR departments, to look at the impact on the individual volunteer and see which workplace skills were developed during volunteering. This evaluation also looks at how well the relationship is progressing as a whole.

Carolyn Housman, Corporate Responsibility Manager, City of London Corporation, says, “City Action provides tailored advice to make a good ‘match’ between the needs of a community organization or charity, and the skills and services available from a particular firm. City Action looks for shared ideologies and a mutually beneficial relationship so the community organisation reaps the social, physical and economic regeneration benefits while companies gain strengthened company values, exposure to wider business networks and new, innovative product ideas giving a great return for a simple sharing of existing skills and resources.”

City Action has been running for 11 years since 1998 and is the only free brokerage service of its kind. It has, in the last year alone, has linked 45 active corporate partners with not-for-profit and community organisations, charities and schools in the seven City fringe boroughs. In the last five years, businesses have sent over 5,000 volunteers to community groups due to City Action’s matchmaking abilities. Their clients include Credit Suisse, Barclays Bank plc, PRUPIM, Rothschild, Royal & SunAlliance and State Street as well as SMEs throughout the Square Mile.

Ends

For further information, cases studies or quotes, please contact Rain UK - Rosalind Jeffcoat or Lizzie Boylan Ward on 00 44 (0)20 7222 4345 or email rosalind.jeffcoat@raincommunications.co.uk

Notes:
Established in 1998 by the City of London, City Action acts as a free volunteering broker to facilitate the transfer of time, skills and resources between City firms and community-based organisations in the City and the seven surrounding boroughs: Camden, Hackney, Islington, Lambeth, Southwark, Tower Hamlets and Westminster. Engaging firms in practical activities enables them to contribute to the social and economic regeneration of these boroughs. City Action aims to put business at the heart of the community. See more on www.city-action.org.

The City of London Corporation is the “business authority for the business district” and supports the international financial services industry based in the UK, with its heart in the Square Mile. It provides local authority services for the Square Mile but also works across wider London and UK.


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