As the only coworking company valued at over $17 billion, WeWork has had an undeniable impact on the startup world. By providing coworking spaces to thousands of budding entrepreneurs, aspiring innovators, and burgeoning startups, they have made the physical office an outdated model for newer companies. And when you're that successful, you have to know that social good is part of the equation.
That's right, in addition to single-handedly sparking the remote work revolution, WeWork has made social good a priority in more ways than one. Whether they're supporting entrepreneurs or giving back to the community, this coworking company is changing the lives of people around the world for the better.
If you're interested in seeing what WeWork has to offer when it comes to social good, check out their many initiatives below and make sure your business makes social good a priority. After all, it's the key to success.
Entrepreneurism for the Greater Good
Working with charities is the tried and testing way of committing your company to social good, and WeWork is no different. In October 2016, they made their first charitable partnership with charity: water, an initiative that brings clean and safe drinking water to people in need around the world, improving health, education, and opportunity – especially for women and children.
By pledging to donate $30 a month per fruit water dispenser across their New York locations, they are giving the average amount it costs to provide one person clean drinking water in developing countries
While many might picture charity work when it comes to social good, supporting entrepreneurs that are trying to change the world is just as important. Fortunately, WeWork is in the supporting business.
The Creator Awards aim to recognize and reward people who are thinking differently. By showcasing creators that are using fresh new projects to achieve real change, WeWork hopes they can truly support innovative ideas from aspiring entrepreneurs, inside and outside of their network.
All for One
Making large impacts is the goal of committing to social good. But when it comes to taking care of your employees, an individual effort can go a long way in fostering a socially responsible culture in your company.
WeWork takes this message to heart, as their two of their founders, Adam and Rebekah Neumann, recently donated more than $1 million to find bone marrow donors for one of their earliest employees, Valerie Batista, who joined WeWork in 2011 as its 15th employee. This shows that their commitment goes beyond the desire to be successful and is truly rooted in the need to do good in business and in life.
This article is part of a WeWork content series. WeWork provides shared workspace, community, and services for entrepreneurs, freelancers, startups and small businesses.