Economic Growth CSR News

Fifth Third's Byna Elliott to Moderate Hope Global Forum Session

Multimedia with summary

Fifth Third Senior Vice President & Chief Enterprise Responsibility Officer Byna Elliott is moderating a panel discussion at the 

First-of-its-kind Report Finds U.S. Banking Sector Far More Exposed to Climate Risk Than Previously Understood by Stakeholders, Disclosed by Banks

Press Release

More than half of syndicated lending of major U.S. banks is exposed to climate risk, potentially leading to significant losses for the banking sector and the broader economy.

Calls grow louder for U.S. banks to set Paris-aligned emissions reduction targets in the coming year.

Commentary: How to Impact European Real Estate in a COVID-19 World

By John Levy, Director of Impact Investing for Franklin Real Asset Advisors
Article

Originally published on September 22, 2020 in Pensions & Investments

The economic implications of COVID-19 are yet to be fully realized, but the expectations of the detrimental impact are sobering. The pandemic has not only shaken up reality but has woken the world up to addressing underlying societal and economic issues that may have previously been dismissed.

FedEx Distributes $1 Million #SupportSmall Grants to Entrepreneurs

Initiative to Assist Small Businesses Financially Impacted by COVID-19
Press Release

MEMPHIS, Tenn., October 19, 2020 /3BL Media/ — FedEx Corp. (NYSE: FDX) recently announced the completion of the company’s #SupportSmall Grants program. Two-hundred business owners were chosen out of almost 50,0000 applications to receive a $5,000 check as well as a $500 credit for FedEx Office® print and business services to help support their small business during the COVID-19 global pandemic.

The Impact of COVID-19 on a Company: 6 Questions for the Chief Financial Officer of Johnson & Johnson

By Liz Ozaist, Global Content Lab Editor-in-Chief, Johnson & Johnson
Summary: 

When you're the CFO of a company, you have a holistic view of how a pandemic can touch every aspect of a business, especially when it's a healthcare company. So we posed inquiring mind questions to Joe Wolk about what the past eight months have been like for him at the financial helm of the company—via a Zoom interview.

Blog

When you're the CFO of a company, you have a holistic view of how a pandemic can touch every aspect of a business, especially when it's a healthcare company. So we posed inquiring mind questions to Joe Wolk about what the past eight months have been like for him at the financial helm of the company—via a Zoom interview.

Key Takeaways From Climate Week: The Business Case for Climate Justice

Blog

In the context of the news this week, we find ourselves in another pivotal moment. Not only is it Climate Week, but the U.S. faced yet another racial injustice in Breonna Taylor’s court ruling. Today’s newsletter addresses these issues and how they, and so many other issues of today, intersect.

Celebrating the Growth of Our Latino Communities

Herbalife Nutrition celebrates Hispanic Heritage Month
Blog

If the value of all goods and services produced by the Latino community in the U.S. were a standalone economy, it would be the 7th largest in the world. Today, there are 4.37 million Hispanic-owned businesses in the U.S., which contribute more than $700 billion to the economy annually, according to the U.S. Hispanic Chamber of Commerce. These businesses have provided almost 2.7 million jobs to U.S. workers.

Regenerative Retrofit: California's First Living Building.

New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future.
Summary: 

New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future. 

Press Release

New book from industry leader in green building performance explores building reuse, water and energy independence, biophilic design, and a carbon-free future. 

New SEC Rule Will Impair Investors' Ability To Manage Risk at a Time of Mounting Systemic Risks

Press Release

At a time when the climate crisis and other systemic risks loom over the economy, the U.S. Securities and Exchange Commission’s 3-to-2 vote today amending its rule on shareholder proposals would make it harder for investors to manage the financial risks associated with these trends.
 

CEOs, Make Sure Your Employees Aren't Struggling To Get By

by Paul Tudor Jones and Dan Schulman
Article
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
 

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