Cover: Encouraging Strategic Investments in Global Education

Encouraging Strategic Investments in Global Education

A Case Study of the Global Business Coalition for Education's Efforts to Harness Corporate Giving

Published Jun 20, 2024

by Rebecca L. Wolfe, Elaine Lin Wang, Benjamin K. Master

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The Global Business Coalition for Education (GBC-Education) was founded to bring the business community together to end the global education crisis. GBC-Education seeks to increase investments in education from the private sector. In 2019, GBC-Education began developing a suite of resources and services to support partners in its network in making more-strategic investments in education that are aligned with their goals for corporate social responsibility and their environmental, social, and governance strategy. This report describes part of GBC-Education's work with four member companies: Schneider Electric, HP Inc., SAP, and Ancestry.

Key Findings

  • To increase strategic corporate investment in education, GBC-Education supported its members with three main strategies and services: (1) creating opportunities for members to connect and share strategies; (2) providing resources and guidance to help companies identify, refine, and streamline their education-related investment strategies; and (3) leveraging relationships with trusted brokers to help companies reach beneficiaries with the most need.
  • GBC-Education faces three main challenges to promoting more-efficient and more-effective investments in education: (1) sustaining companies' long-term focus on strategic investments in education, (2) making the business case for investing in early childhood education, and (3) aligning strategic giving across companies that have vastly different priorities, constraints, capabilities, and structures.
  • GBC-Education's example highlights insights for other organizations working to support corporate investments in education, including (1) the potential value of providing easy-to-digest evidence tailored to companies' core values and (2) the importance of balancing business and end-recipient priorities by maintaining ties with diverse stakeholders.

Research conducted by

This report was sponsored by the BHP Foundation and conducted by RAND Education and Labor.

This report is part of the RAND research report series. RAND reports present research findings and objective analysis that address the challenges facing the public and private sectors. All RAND reports undergo rigorous peer review to ensure high standards for research quality and objectivity.

RAND is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.