Movers, Shakers & Impact Makers: Nasdaq holds listed companies accountable for board diversity


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!

Featured this week: Kala Gibson, Fifth Third Bank; Bank of the West; Kilpatrick Townshend; ON Semiconductor; TJX Companies; Verizon; Delta Dental; Nasdaq; ViacomCBS; Carrier; Major League Baseball (MLB)

CRISIS RESPONSE: In our blog, we are providing weekly coverage on how member companies are responding to racial inequality at Business Support for Protests of Racial Inequality, and the COVID-19 pandemic at Corporate Citizenship Responses to COVID-19

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


Spotlight on You

Kala Gibson has been named chief enterprise corporate responsibility officer and head of business banking at Fifth Third Bank. His role is expanding to include responsibility for community and economic development. With more than 30 years in the financial services industry, Gibson has extensive experience in strategic planning, operations, regulatory compliance, product development and relationship management. He also has been a powerful voice in matters of community responsibility and accountability as well as social justice and broad social equity. In addition, he was a leader on the team that delivered the Bank’s $32 billion Community Commitment. He serves as chair of the Bank’s Executive Diversity Leadership Council.


Job Postings

Bank of the West
San Francisco, CA
Corporate Social Responsibility Vice President, Strategy & Operations

Kilpatrick Townsend (JUST ADDED!)
Atlanta, GA
Corporate Citizenship Manager

TJX Companies (JUST ADDED!)
Framingham, MA
Senior Manager, Inclusion and Diversity

Basking Ridge, NJ
Director, Corporate Social Responsibility, Education Sector


Member Companies in the News

The Delta Dental Community Care Foundation announced that it is giving $2.5 million to 39 food banks across 15 states and Washington, D.C. This announcement fell on Giving Tuesday, a global generosity movement that encourages people and organizations to do good, which has deeper resonance amid the challenges presented by COVID-19. “As a result of the pandemic, food insecurity rates and reliance on food banks are skyrocketing like never before,” said Kenzie Ferguson, vice president for foundation and corporate social responsibility for Delta Dental of California and its affiliates. “Fighting food insecurity is not only the right thing to do for our communities during these trying times, but it also aligns with our mission to promote oral health.”

Liberty Mutual Insurance announced that it has become a signatory of the United Nations-supported Principles for Responsible Investment (PRI), as part of its ongoing commitment to environmental, social, and governance (ESG) progress. Liberty Mutual is the first U.S. Property and Casualty (P&C) insurer to join the leading international network of institutional investors committed to including ESG factors in their investment decision making. “We are proud to take this bold step forward as the first U.S. P&C insurer to become a PRI signatory and make this commitment to play an active role through responsible investing,” said Liberty Mutual Insurance Chief Investment Officer Neeti Bhalla Johnson.

Nasdaq filed a proposal with the U.S. Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure. If approved by the SEC, the new listing rules would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors. “Nasdaq’s purpose is to champion inclusive growth and prosperity to power stronger economies,” said Adena Friedman, president and CEO of Nasdaq. “Our goal with this proposal is to provide a transparent framework for Nasdaq-listed companies to present their board composition and diversity philosophy effectively to all stakeholders; we believe this listing rule is one step in a broader journey to achieve inclusive representation across corporate America.”​

TELUS has launched the Pollinator Fund for Good, a new $100 million social impact fund to invest in new sustainable businesses with bold ideas to drive social change in Canada. The fund will invest in entrepreneurs building solutions aimed at improving healthcare, furthering social and economic inclusion, ensuring sustainable food production, and reducing our environmental footprint. “The Pollinator Fund for Good represents the progression of TELUS’ social capitalism thesis, as we invest in entrepreneurs and prescient business models that share our belief that to do well as an organisation, we must do good in the communities where we live, work, and serve,” said Darren Entwistle, president and CEO, TELUS.

ViacomCBS recently released its first Environmental, Social and Governance (ESG) report, outlining its efforts to help serve its partners, audiences, employees, and shareholders—and to enhance its success as a business. Its approach is grounded in an understanding of where its biggest impacts, risks, and opportunities lie. ViacomCBS recently undertook its first companywide assessment of the most material ESG topics for ViacomCBS and its stakeholders, which is now informing its approach to managing and reporting on ESG topics. It also began developing a comprehensive ESG strategy for the combined company organized by three pillars: On-Screen Content and Social Impact, Workforce and Culture, and Sustainable Production and Operations.


Members on the Move

Welcome to new member Carrier! They join our dynamic member network of 10,000+ CSR professionals and the 500+ members we serve each year. Learn more about becoming a member.

In a major milestone, a very happy 20th Member Anniversary to longtime member, Major League Baseball (MLB)!