April 10, 2020 /3BL Media/ - For more than 170 years, American Express has been committed to backing our colleagues, our customers, our partners and the communities we serve around the world. As we navigate the COVID-19 pandemic, this commitment is more important than ever, and we wanted to share an update on some of the actions we’ve taken during this unprecedented time.
Amid COVID-19, as industry leaders we must remember our long-term commitments to ALL our stakeholders.
I continue to be inspired by those on the frontline – the first responders, everyone on Team Dow and all our partners – who continue to keep us safe, keep us informed, and keep us moving forward through this COVID-19 crisis. I applaud you.
I also want to share a heartfelt thank you to my colleagues in our industry.
Michele Robinson-Pontbriand, Director of Corporate Social Responsibility
As stewards of environmental sustainability, social impact and ethical governance, Corporate Social Responsibility (CSR) professionals and their internal functional partners are often engaged in key aspects of crisis management. The global spread of COVID-19 is no exception. What I have learned from this and past events -- including regionalized business impacts from wildfires, rolling blackouts and earthquakes -- is that in each event, the general tenants of CSR-related efforts are similar.
The world is experiencing a series of quakes and tremors caused by a global pandemic. The quakes are the unprecedented shocks and strains we are witnessing in our health, economic, and education systems. Tremors, on the other hand, are far less obvious because their disruptions occur at a much deeper level and during timeframes when the average individual may feel that they have successfully distanced themselves from the more pronounced quake(s). Both earthquakes and tremors have the same cause; both have the potential to create long-lasting damage.
What if foundations were to open up their endowments entirely and put a time stamp on their payout? To do that, many foundations will need to have tough conversations about whether or not they exist in perpetuity.
As SARS-CoV-2 moves fast through our global population, the pharmaceutical industry faces tremendous pressure to move even faster.
March, 2020 - /3BL Media/ - Industry leaders are jousting with questions of how to quickly evaluate new and repurposed drugs while simultaneously readying their operations for rapid transformation. Novel partnerships between private R&D teams and public health agencies are emerging to address the “discovery” half of that equation, which leaves company leaders to grapple with the other half: how can they prepare their operations for commercial-scale manufacturing of a therapy that hasn’t yet been identified or approved?
New Program is Part of Company’s $5 Million Commitment to Support COVID-19 Relief Efforts
NEW YORK, March 24, 2020 /3BL Media/–American Express is continuing its support of organizations combatting COVID-19 with the launch of a donation matching program to help feed local communities impacted in the U.S. When U.S.
If foundations cannot step up to fulfill their mission in times of crisis, who else will save the social sector?
During this massive economic upheaval caused by the COVID-19 pandemic, much attention has been focused on businesses, financial markets, and the economy, but the impact on our nonprofit sector will be worse. What can be done to avert the double whammy of a crisis of need at the same time as a drop in contributions?
One often-overlooked resource is the collateral in foundation endowments.