AIC Institute for Corporate Citizenship launched with $10 million donation from Michael Lee-Chin

The Rotman School of Business at the University of Toronto has launched the AIC Institute for Corporate Citizenship with a $10 million donation from Jamaican-born financier and philanthropist Michael Lee-Chin.

The institute will be headed by Roger Martin dean of the Rotman School of Management. Mr. Lee-Chin has given many large and spectacular gifts to his adopted country including a $30 million donation to the Art Gallery of Ontario.

Most of the corporate leaders would like to make the world a better place. But they're not prepared to jeopardize their company's health, their workers' jobs or their shareholders' money to do it said Roger Martin. The AIC Institute for Corporate Citizenship was created in late 2004 with the purpose of to help current and future business leaders integrate corporate citizenship into business strategy and practices. The work of the AIC Institute will be to create and disseminate a robust actionable model for making business decisions about corporate citizenship for current and future business leaders. The AIC Institute for Corporate Citizenship is proceeding on the basis of the insight that global business leaders need new ways of thinking about the role of their business in society and new tools to help them do it.