Movers, Shakers & Impact Makers: New research on how employees value ESG

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The member community convened by Boston College Center for Corporate Citizenship is one of a kind. The 500+ companies we serve each year around the globe are leaders in environmental, social, and governance action, and the thousands of individuals who make up this network are some of the best in the field!

CRISIS RESPONSE: On our blog, we are providing daily coverage on how member companies are responding to the George Floyd protests at Business Support for Protests of Racial Inequality, and the COVID-19 pandemic at Corporate Citizenship Responses to COVID-19. Check often for updates—and let us know if you would like us to share your company’s response at ccc@bc.edu

Here is how our members have been working to build better business and a better world:

Spotlight on You

Bank of America CEO Brian Moynihan was a guest on Leadership Next, Fortune’s podcast about the changing rules of business leadership. Why? “Because it’s the right thing to do,” Moynihan said. The podcast covers this standard he’s come back to repeatedly at Bank of America, where he’s raised the minimum wage to $20 an hour, committed hundreds of millions of dollars to the environment, announced a billion dollar commitment to communities of color, and taken strong stands on controversial issues like guns and transgender rights.

Members are supporting members! Humana's Corporate Social Responsibility Lead Catherine McGlown shared an interview with Merck CEO Kenneth Frazier on the COVID-19 cure, racism, and leadership. "At the end of the day, if you're complacent with the status quo, you're complicit in the racism that the status quo hides," said Frazier, who is one of only four Black CEOs of Fortune 500 companies. "This interview is well worth the next 32 minutes of your life," said McGlown in her LinkedIn post.

 

Job Postings

Alexion is seeking a Head of Belonging in Boston to define and reinforce an enterprise-wide diversity, inclusion and belonging strategy.

Apple Inc. is hiring an Environmental Program Manager in Cupertino, CA, to provide support at Apple Park, Apple's corporate headquarters.

The Coca-Cola Company is looking for an ES (Environmental Sustainability) Governance Manager at its Tokyo, JP location to promote ES governance, manage environmental performance data, and develop and implement environment programs for the entire Coca-Cola operation.

Fannie Mae is looking for a Senior Vice President of Environmental, Social, and Governance (ESG) & Mission in Washington, DC to set the company’s ESG and mission agenda in concert with critical enterprise stakeholders.

Honeywell is seeking a Health, Safety, and Environmental Coordinator in Smithfield, RI, who will provide a key role in the HSE function, and support key processes and help track performance metrics.

Samsung is hiring a Corporate Social Responsibility Manager in San Jose, CA, to work with leaders and colleagues to develop messaging and programming for key CSR campaigns and programs.

Western Digital is seeking a Program Manager, Global EHS in San Jose, CA, to be primarily responsible for bridging gaps between global environmental, health, and safety strategy and process implementation

 

Member Companies in the News

Marsh and McLennan released its study, ESG as a Workforce Strategy, which underscores how ESG issues are increasingly central to a firm’s reputation and financial performance and are scrutinized by an array of stakeholders including investors, ratings agencies, and clients. The study found five key findings: Employers with highly satisfied employees score higher on ESG performance; employers with an attractive image among young talent have better ESG performance, compared to their peers; top employers for employee satisfaction and attractiveness to young talent tend to perform better according to ESG standards; ESG performance will become increasingly important to attracting and retaining talent, and as a workforce strategy; and ESG performance has become a competitive advantage.

Verizon brought together business leaders, activists, and thought leaders on July 28 for the inaugural Citizen Verizon Assembly: Charging Social Change Forward. The first in a series of hour-long virtual events, this kick-off conversation featured Verizon CEO Hans Vestberg and focused on the importance of corporate responsibility to address the most pressing global economic, environmental, and social issues, spotlighting Verizon’s new commitments through keynotes and panels with leaders from around the globe.

Wells Fargo and Habitat for Humanity International announced an $8 million donation from the Wells Fargo Foundation that will support the construction and repairs of safe and affordable housing built in collaboration with 350 families in nearly 50 states. Wells Fargo Builds℠ provides philanthropic financial support from the Wells Fargo Foundation when Wells Fargo team members help build, renovate, paint or repair a home for low-to-moderate income households. The collaboration with Habitat for Humanity is part of a $1 billion philanthropic commitment by Wells Fargo to create more housing affordability solutions by 2025. “Wells Fargo has a deep commitment to advance housing affordability solutions,” said Eileen Fitzgerald, head of housing affordability philanthropy with the Wells Fargo Foundation. “We are proud to support Habitat for Humanity International and its affiliates' work with low- and moderate-income families to create more housing affordability solutions across the U.S.”

We’re also delighted to share even more CSR reports celebrating ESG milestones from our members:

  • CommScope released its 2019 Sustainability Report, titled Investing in our Future. The report summarizes the company’s efforts to operate its business ethically and with integrity, protect the environment, ensure the health and safety and well-being of its workforce, and support the communities in which it operates.
  • General Motors has released its 10th annual Sustainability report, providing transparency and accountability on its progress and key accomplishments. The report outlines GM’s stance on key issues like environmental stewardship, safety, inclusion, and health and well-being.
  • JetBlue has released its 2018-2019 Social Impact Report, as well as its abbreviated 2019 Environmental Social Governance (ESG) Report. The annual reports outline the JetBlue For Good pillars – community, youth and education and the environment. The social impact report focuses on how and where JetBlue crewmembers volunteered for one million hours of caring and the airline’s philanthropic efforts, while the ESG report identifies key sustainability factors that affect the airline’s business and financial performance, including the impact of the COVID-19 pandemic.

 

Members on the Move

Just Announced! Members, mark your calendars to join us for next month’s Member Meetup on Virtual Volunteering: What Next? Register to join us on Thursday, August 20 at 3pm ET, more dates to be announced.   

A resource thread on Corporate Action against Racial Inequality in our Online Member Community, recapping our recent Member Meetup on the subject, has benefited from helpful resources generously provided by BBVA, Edelman, MLB, and others. Members can join in on the discussion: Join the Online Member Community