Today, Intel released its annual Corporate Responsibility Report. The report builds on Intel’s decades of transparency in corporate responsibility and details progress Intel has made in the past decade to reduce greenhouse gas emissions, restore billions of gallons of water to local communities and achieve gender pay equity across its global workforce, among other milestones. The report also establishes a new 2030 strategy and goals for continued progress for the next decade – from achieving net positive water use, 100% green power and zero waste to landfills across our global manufacturing operations to doubling the number of women and underrepresented minorities in senior leadership roles and scaling the impact of our supply chain human rights programs.
For the first time, Intel has defined global challenges that expand its commitment in resources, expertise, global reach and influence beyond its own operations to address challenges that can only be solved by collaborating across major organizations, industries and countries.
“The world is facing challenges that we understand better each day as we collect and analyze more data, but they go unchecked without a collective response – from climate change to deep digital divides around the world to the current pandemic that has fundamentally changed all our lives,” said Intel CEO Bob Swan. “We can solve them, but only by working together.”
Intel committed to engage industries, governments and communities to tackle three specific global challenges over the next decade:
Revolutionize health and safety with technology
Intel will work with partners in healthcare, life sciences and government to apply technology in strategic manufacturing, transportation and healthcare initiatives, including accelerating cures for diseases and improving healthcare. Its efforts will include the company’s recently announced Pandemic Response Technology Initiative, which applies cloud, artificial intelligence (AI) and high-performance technology solutions to better diagnose, treat and cure COVID-19 and to help prepare for future pandemics.
Intel will lead a global coalition of industry leaders toward a common objective: The safety of autonomous vehicles should not be a point of differentiation but a shared goal. Through collaboration with industry and governments and development of new safety technologies and standards – such as RSS and the forthcoming IEEE 2846 – that will provide clear guidance on what it means for an autonomous vehicle to drive safely, we have the potential to save more lives with autonomous vehicles when compared to human drivers.
Make technology fully inclusive and expand digital readiness
Intel will work with other companies to accelerate adoption of inclusive business practices across industries by creating and implementing a Global Inclusion Index open standard. Using common metrics, it will allow the industry to track progress in area such as achieving greater levels of women and minorities in senior and technical positions, accessible technology and equal pay. Intel has already been collaborating with Lenovo to convene Chief Diversity and Inclusion Officers and HR professionals to drive industry transformation and stay at the forefront of this work.
Intel will partner with governments and communities to address the digital divide and expand access to technology skills needed for current and future jobs. An example is the Intel® AI For Youth program, which provides AI curriculum and resources to over 100,000 high school and vocational students in 10 countries and will continue to scale globally. By 2030, Intel plans to partner with governments in 30 countries and 30,000 institutions worldwide and is committed to empower more than 30 million people with AI skills training.
Achieve carbon-neutral computing to address climate change
Intel will work with PC manufacturers to create the most sustainable and energy-efficient PC in the world – one that eliminates carbon, water and waste in its design and use. Specifically, the company is exploring a sustainability roadmap that would include enabling sensor technology to reduce power usage, partnering with material vendors on recyclable packaging and developing longer-term, energy-efficient architectures.
Intel will collaborate with industry and policymakers to apply technology to reduce emissions across high-impact industries.
Technology is not just at the heart of breakthroughs, it plays a vital role in the global communities, governments and services that people depend on every day to solve current crises while proactively tackling future ones.
“Intel and many others in technology-driven industries see the opportunity to leverage our R&D, creativity, expertise and influence to collaborate on these critical issues and will become even stronger and more relevant as a result,” Swan said. “For Intel it’s embedded in our purpose to create world-changing technology that enriches the lives of every person on Earth.”
With an expansive global reach, robust supply chain and strategic partnerships throughout the industry, Intel will leverage this unique mix of capabilities to tackle many of today’s problems and create the technology and partnerships that will be fundamental in rising to the challenges of tomorrow.
Intel’s latest Corporate Responsibility Report includes details of the new 2030 strategy and goals that will accelerate the adoption of responsible, inclusive and sustainable practices, enabled by Intel’s technology and the expertise and passion of its employees around the world. <<To learn more about Intel’s Corporate Responsibility efforts read the newest CSR report here>>
As we self-isolate, we must be careful not to isolate our ideas and thoughts.
We have the opportunity to ensure we deliver a clean, low-carbon and inclusive global recovery. It has never been more important for our industry to share, collaborate and inspire. For that reason, we’re hosting The Responsible Business Week, an online event and entirely free to attend.
We are humbled that our speakers and partners are going online with us, and share our belief that we must do what we can to carry on communicating at this critical time.
Check out the full, comprehensive virtual offering here, all completely free to access!
Why The Responsible Business Week Virtual is essential viewing:
View more info and register for the FREE virtual event here!
Ed Long and Ana Uzcanga
Comerica Bank has teamed up with the Michigan Economic Development Corporation and Michigan Women Forward to support the creation of the $1.5 million Michigan Entrepreneur Resilience Fund formed to assist entrepreneurs and small businesses negatively impacted by COVID-19 recover from the outbreak, as well as help them meet increased demands in support of COVID-19 response efforts.
“The stability and growth of small businesses and entrepreneurs significantly contribute to the economic vitality of our communities, as they provide important employment opportunities and deliver valuable goods and services,” said Mike Ritchie, Comerica Bank Michigan market president. “Supporting these businesses as they fight to survive will have a long-term impact on their success and on our cities and state. The Michigan Economic Development Corporation and Michigan Women Forward have proven critical in providing exceptional support to businesses, and we believe partnering in the Michigan Entrepreneur Resilience Fund will help deliver vital resources to businesses for survival and recovery.”
The $1.5 million Michigan Entrepreneur Resilience Fund helps small businesses from geographically disadvantaged areas survive the outbreak through recovery efforts.
“As Michigan begins to focus on economic recovery efforts across the state, it is critical that we make sure support and relief are accessible for all entrepreneurs and small businesses in need,” said LeTasha Peebles, grant manager for the MEDC. “We’re grateful for the partnership of Michigan Women Forward in supporting this fund, which will play a key role in ensuring every member of our state’s entrepreneurial ecosystem has the tools and support they need to recover from this crisis.”
The Michigan Entrepreneur Resilience Fund will provide recovery grants of $1,000-$5,000 and microloans of $5,000-$10,000 to small businesses who are in need and have been adversely affected by COVID-19 closures, with at least 150 businesses statewide expected to benefit. Small businesses interested in applying for support through the Michigan Entrepreneur Resilience Fund can do so now by visiting miwf.org/mwf-entrepreneur-resilience-fund.
“This fund will be vital in helping small businesses throughout Michigan keep their doors open and their workers paid, while offering much-needed economic support during this unprecedented outbreak,” said Maggie McCammon, portfolio manager for the MEDC. “Michigan Women Forward has a demonstrated track record of successfully providing holistic support for small businesses across the state and MEDC looks forward to working together with them and the other supporting partners as our state moves toward recovery.”
“At Michigan Woman Forward, we are dedicating ourselves to doing everything we possibly can to help Michigan’s small businesses re-open and recover from this crisis,” said Carolyn Cassin, president and CEO, MWF. “Funding is just the beginning. We will also pair our entrepreneurs with experts to help answer questions and guide their decision making at this critical time.”
Funds awarded through the program can be used to support small businesses in managing expenses through the recovery phase, including rent, payroll, and inventory. The fund can also advance business growth by providing working capital to assist with increased product or service demand in response to COVID-19, to allow a company to revamp their business virtually through a strengthened online presence, or to start up a company to meet a new demand as a result of COVID-19.
The $1.5 million fund includes support of $500,000 from MEDC and $500,000 from Michigan Women Forward’s SBA microlending funds, along with partners including Consumers Energy Foundation, the New Economy Initiative, General Motors Corporation, Fifth Third Bank and Comerica Bank. Michigan Women Forward is also working with other potential funding partners to provide additional opportunities for grants and loans through the Michigan Entrepreneur Resilience Fund.
Applicants will be evaluated on a rolling basis until funds are exhausted. Eligible candidates will be prioritized based on demonstrated need, including, but not limited to:
Being located in a disadvantaged area within a U.S. Small Business Administration designated HubZone or Opportunity Zone;
Demonstrating status as a low- to moderate-income borrower;
And qualifying as a diverse business that can demonstrate ownership by underrepresented groups including, but not limited to, veterans, minorities and low-income men and women.
Other resources for businesses across Michigan to assist them in recovering from economic losses as a result of the COVID-19 virus can be found online at michiganbusiness.org/covid19. This site includes resources offered by the U.S. Small Business Administration, the Pure Michigan Business Connect procurement platform, support services offered through the Small Business Development Center and more. The MEDC has also developed a FAQ for Michigan businesses and communities at michiganbusiness.org/covid19-faq.
For those who have questions about the state’s actions to mitigate the spread of coronavirus, please call the COVID-19 Hotline at 1-888-535-6136 between 8AM – 5PM daily.
About Michigan Women Forward
In 1986, 20 extraordinary visionaries conceived of an organization that would encourage women to play an active role in philanthropy and governance. Today, MWF focuses on these primary pillars: Accelerating Women’s Entrepreneurship, Developing the Next Generation of Young Women Leaders, Sharing Women’s History and Leading the State’s Women’s Agenda, which includes the Enough SAID campaign to end the backlog of untested rape kits in Detroit. MWF also operates the Michigan Women’s Historical Center and Hall of Fame Center in Lansing. For more information, visit www.miwf.org .
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook , Instagram, LinkedIn and Twitter.
About Comerica Bank
Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back 170 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and has more than 4,700 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit’s downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Follow on Facebook , Twitter and Instagram.
Xylem Watermark, the corporate citizenship program of global water technology company Xylem Inc. (NYSE: XYL), today announced support for UNICEF’s COVID-19 relief efforts. The partnership will provide access to safe water and sanitation for vulnerable children and families. Xylem’s COVID-19 contribution will be directed to the most at-risk communities, providing critical supplies and supporting UNICEF’s community health programs and youth engagement initiatives. UNICEF’s COVID-19 water, sanitation and hygiene (WASH) response targets at-risk, low-capacity countries to secure WASH services and Infection Prevention and Control (IPC) in health facilities, schools, households and community settings.
“The role of water in family and community health is fundamental, and has only become more important during this pandemic,” said Patrick Decker, Xylem’s president and chief executive officer. “Communities with access to water, sanitation and hygiene have a strong first line of defense in the fight against the spread of COVID-19. And as communities come together to help each other, we feel privileged to work with partners like UNICEF to bring them some extra help – especially the most vulnerable children and families – so they can keep themselves and those around them safe and healthy.”
“UNICEF is incredibly grateful for the commitment of partners like Xylem so we can continue providing lifesaving supplies and support for every child, such as access to safe water and sanitation facilities,” said Michael J. Nyenhuis, president & CEO, UNICEF USA. “Continuing to help the most vulnerable communities is vitally important during these unprecedented times.”
Xylem Watermark’s support for UNICEF’s COVID-19 response is part of a broader commitment that aims to improve the health of low-income families through water, sanitation and hygiene education and infrastructure, around the world. The partnership builds on a decade of WASH educational programming, and scales the reach of the impact around the world to youth and communities most in need – through in schools, healthcare facilities and early childhood centers.
With UNICEF’s work in 190 countries, the partnership will contribute to achieving Xylem’s 2025 sustainability goals, including commitments to education and disaster-response, and to progress toward United Nations Sustainable Development Goal 6, which aims to “ensure availability and sustainable management of water and sanitation for all.”
For more information about Xylem’s COVID-19 support efforts, visit here https://www.xylem.com/en-us/covid-19-response/global-coronavirus-actions/.
Xylem (XYL) is a leading global water technology company committed to solving critical water and infrastructure challenges with technological innovation. Our more than 16,000 diverse employees delivered revenue of $5.25 billion in 2019. We are creating a more sustainable world by enabling our customers to optimize water and resource management, and helping communities in more than 150 countries become water-secure. Join us at www.xylem.com.
About XYLEM WATERMARK
Xylem Watermark, the Company’s corporate citizenship program, was initiated in 2008, with a focus on protecting and providing safe water resources around the world and also educating people on water-related issues. The global initiative, which encompasses employee and stakeholder engagement, provides access to clean drinking water and sanitation, and humanitarian emergency response to help communities become more water-secure and sustainable. Last year, the program exceeded its three-year goal to log 100,000 employee volunteer hours and engaged ~45 percent of the company’s global employee base.
The United Nations Children's Fund (UNICEF) works in more than 190 countries and territories to put children first. UNICEF has helped save more children's lives than any other humanitarian organization, by providing health care and immunizations, clean water and sanitation, nutrition, education, emergency relief and more. UNICEF USA supports UNICEF's work through fundraising, advocacy and education in the United States. Together, we are working toward the day when no children die from preventable causes and every child has a safe and healthy childhood. For more information, visit www.unicefusa.org
This new eight-episode educational video series will examine the latest efforts to respond to the COVID-19 pandemic and break down the complex process of developing a vaccine.
Each week our host Lisa Ling will talk to leading scientists and researchers, healthcare workers on the front lines and public health experts around the world working collaboratively to help bring an end to the deadly pandemic.
In Episode 5, host Lisa Ling speaks with nurse Nicole Lincoln MS, RN, FNP-BC, CCNS who’s on the frontlines in the ICU fighting COVID-19 and nursing innovator, Rebecca Love RN, BS, MSN, FIEL, who’s leading the charge to advocate for her profession.
Also, Thrive Global founder Arianna Huffington joins us to speak about her First Responders First program, a joint partnership with Johnson & Johnson to support the mental health and resilience of frontline healthcare workers. Husseini K. Manji, MD, FRCPC, Johnson & Johnson, discusses the effects the pandemic is having on the mental health of all people, and what you can do to take care of yourself and others. Activist Michelle Elman talks about recovering from COVID-19. Plus, Macaya Douoguih, Head of Clinical Development, Janssen Vaccines, shares the challenges of creating a vaccine for clinical use.
Known for producing some of the world's most iconic apparel and footwear, VF Corporation has quickly pivoted in recent weeks to help stem the urgent needs of healthcare workers and those struggling to cope in the face of a historic pandemic.
Since early March, VF Corporation, The VF Foundation, and the VF family of brands have used a people-first approach to make critical decisions about how to do the most good battling COVID-19. The result: more than $10.3 million worth of support in the fight against COVID-19.
"Through the efforts of our family of brands and the VF Foundation, we are using our size, scale and purpose-led commitments to be a force for good," said Steve Rendle, VF Chairman, President and Chief Executive Officer. "Collectively, our aim is to help millions of people around the world, especially those who are on the frontlines and in the most vulnerable communities.”
Supporting those in need, now
VF has donated more than $7 million in cash to directly support emergency responders, provide testing kits, medical supplies and help the financially vulnerable access food and social services. The donations include more than $2 million from VF Corporation and The VF Foundation to provide medical supplies, aid to healthcare workers, and food and social services in countries without strong social support systems.
Meanwhile, Altra®, Dickies®, Eagle Creek®, Icebreaker®, JanSport®, Smartwool®, The North Face®, Timberland®, and Vans® will collectively donate as much as $5 million in funds to help fight the pandemic.
Through the "Foot the Bill" program, Vans will donate up to $4 million to help keep local skate shops afloat through the crisis. Vans partnered with local and community-driven skate shops, restaurants, art galleries, and music venues to design Vans Custom footwear. Net proceeds from the sale of each pair of the custom shoes will go directly to small business partners in this critical time of need.
VF outdoor brands will also donate nearly $55,000 to the Outdoor Industry Association (OIA). The funds will directly support OIA's small business members by providing the necessary tools, resources, and advocacy to help them get through the COVID-19 crisis, as well as help sustain OIA's core work.
Through its social impact and advocacy platform – The Explore Fund – The North Face committed $1 million to support outdoor communities that make exploration possible worldwide. Working with national and local outdoor officials, The North Face will make sure those funds meet the most critical, immediate needs through recovery.
The need for products is also pressing. Working with World Central Kitchen, JanSport® donated 12,000 backpacks to help feed families across the country.
"Every day, the National School Lunch Program serves more than 30-million meals to children in our schools. With schools closed, millions of kids will go hungry," said Monica Rigali, Senior Director of Marketing, JanSport®. "Working with World Central Kitchen, we are packing our backpacks with needed food and supplies to make sure these children continue to receive nutritious meals throughout the pandemic."
In total, VF brands have donated more than $3.2 million worth of products providing warmth and protection to frontline healthcare and essential workers. Donations include:
60,000 pairs of gloves from The North Face
40,000 pairs of Vans shoelaces for face masks
24,000 pairs of Vans shoes
12,000 Jansport backpacks
7,000 Kipling waist packs
15,000 pairs of Smartwool socks
1,475 pairs of Timberland PRO nursing shoes and Timberland work boots
130 The North Face down jackets
Pivoting to Personal Protective Equipment (PPE)
VF was able to take advantage of the existing expertise of Dickies and VF workwear brands, which already manufacture protective gear such as scrubs, lab coats, and disposable coveralls, to help the company pivot quickly to making isolation gowns. Last month, VF and Dickies began producing urgently needed medical gowns for U.S. healthcare workers with the capacity to manufacture 3.4 million gowns by September. The gowns will be distributed to communities throughout the U.S. in cooperation with federal and state government leaders.
"Dickies has stood alongside generations of workers, and in light of these unprecedented times, we're joining in the effort to help healthcare professionals on the frontlines," said Denny Bruce, Dickies Global Brand President. "As a heritage brand that goes to work, especially when the work gets tough, we are committed to equipping these workers with the critical medical garments they need to protect themselves as they continue the fight against this pandemic."
VF teams are making other forms of PPE as well, bringing PPE production to 3.6 million total pieces, including:
250,000 Vans canvas face masks
15,000 surgical masks
1,600 face masks
Taking Care of VF’s Essential Workers
VF is also taking care of essential workers keeping the company's distribution and manufacturing centers open and running. These associates ensure consumers, medical professionals, first responders and essential workers have the gear they need including scrubs, overalls, and other required apparel. The company is providing up to 14 days of emergency leave pay to distribution center employees in the U.S. and Canada. In other regions, VF continues to provide full compensation to distribution center workers in accordance with local laws.
Distribution centers implemented increased safety protocols and procedures that include mandatory use of face masks, fewer people on each shift, and strict physical distancing at workstations, in common areas and throughout the facilities. Sanitation procedures are more stringent, and associates receive temperature screening before entering the facilities. VF also provided training videos, fliers, and posters with health and safety information.
Factories manufacturing PPE are also practicing high safety standards to protect workers in instances beyond the requirements of local and national guidance. Factories implemented safety protocol and procedures that include strict social distancing in buses transporting workers to and from the factory, in the facility, and common areas such as the cafeteria. Sanitation procedures are more stringent, and workers and visitors receive temperature screening before entering the facilities. VF also provided training videos, fliers, and posters with health and safety information.
VF is committed to supporting essential manufacturing associates financially during the crisis. While its owned factories in Mexico, the Dominican Republic, and Honduras were closed, associates continued to receive compensation at or above government guidelines. As associates return to work to make isolation gowns in Mexico, they have the opportunity to increase their earnings to production hourly rates. For a small subset of workers who cannot return to work because they are high-risk or must self-isolate, VF is also continuing pay at or above government guidelines.
VF continues to take a people-first approach with its international suppliers and remains committed to ensuring that workers are paid for the manufacturing of its products. VF is paying suppliers for all orders that have already been produced, as well as honoring all valid purchase orders with a factory release date before June 1, 2020. And, when a shipment must be delayed, VF engages with its suppliers to determine if the delay will create a cashflow challenge for the supplier. If so, VF will work with the supplier to support their financial needs through a variety of potential solutions.
VF is also a signatory of the International Labor Organization’s Global Call to Action for Garment Industry Workers along with the IOE, IndustriALL, and other international apparel brands.
The VF Foundation also donated $200,000 to support COVID-19 relief efforts in Bangladesh, Cambodia, India and the Philippines, some of the most vulnerable countries in VF's supply chain and home to millions of people who make up the garment industry. These countries are seeing widespread layoffs with no system of national support to help the unemployed meet basic needs.
Supporting the Enterprise
While helping healthcare workers and the COVID-19 response is critically important, VF continues to focus on protecting and supporting the global enterprise and all VF associates.
In early April, Rendle announced he would temporarily reduce his base salary by 50% while the VF executive leadership team would receive a 25% salary reduction. VF's Board of Directors also agreed to forgo their cash retainers. The money saved will help provide continued pay and benefits to VF's employees.
Retail associates in North America will receive 100% pay and benefits through May with further monitoring and evaluation moving forward.
In EMEA, where employees will soon return to work with restrictions, government support programs helped protect pay for all employees in the region. VF temporarily reduced work hours for employees while keeping salaries at or above 95% of regular pay for office workers, and wholesale and distribution center employees. Retail workers received full compensation.
Associates Supporting Their Neighbors
VF is supporting COVID-19 relief efforts at every opportunity, even at an individual level. VF employees worldwide are contributing to the cause in inspiring ways, including 3D-printing supplies, hand-making cloth masks, delivering food to people in need, donating personal funds to non-profit agencies, organizing group workout sessions to keep people healthy and engaged, sharing their artwork, and so much more.
To learn more about VF, The VF Foundation and its family of brands, please see the VFC.com.
About VF Corporation:
Founded in 1899, VF Corporation is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit VFC.com.
Village Capital today announced the launch of applications for Finance Forward Latin America 2020, the second iteration of an investment-readiness program for early-stage financial health startups in Mexico, Brazil, Chile, Argentina, Colombia and Peru.
“This program comes as the coronavirus pandemic is spreading across Latin America. This has had a profound impact on not only healthcare but also the financial health of people across the region,” said Allie Burns, CEO at Village Capital. “According to the IDB, more than 140M Latin Americans are informally employed, which results in major instability for them and their families, much more so during this crisis”.
Twelve startups will be selected to participate in three workshops focused on supporting entrepreneurs in Latin America who are working on solving systemic inequalities that have existed for a long time and have become even more apparent during the COVID-19 pandemic. Participating startups will benefit from twelve days of training with a focus on improving their investment readiness and making their solutions available for those who need them most in the current economic climate. Each company will work closely with mentors, potential clients and partners, as well as investors they need to scale their impact. The top two peer-selected companies will be eligible to receive $50,000 each in grant funding from MetLife Foundation.
“Financial services act as a stabilizing force for low- and moderate-income people, enabling them to build resilience for a more confident future," said Nalleli García, CSR and Manager at MetLife Foundation. "Challenging times further underscore the importance of being prepared to face financial shocks. We look forward to applications from startups that are committed to serving lower-income segments of the market.”
“Fintech can be a powerful force for economic stability and mobility in Latin America” said Daniel Cossío, Regional Manager at Village Capital in Latin America. “We've already seen how this crisis has had the most devastating financial effect on the low-income population. Now more than ever we need tech-driven innovation to help small businesses stay afloat and help families manage their income and support the region in what is bound to be a challenging recovery.”
The program is a part of Finance Forward, a multi-year global coalition led by founding partners MetLife Foundation and PayPal to support entrepreneurs on four continents who are building tech-enabled solutions to place-based challenges around financial health. Last year’s program, Finance Forward Latin America 2019, supported ventures from Brazil, Chile, Mexico, Colombia and Peru.
“At PayPal we are always working to help people join the global economy and achieve financial health. We are happy to collaborate one more year with Village Capital to support these new startups and entrepreneurs that are the strongest pillars of our economies. Given the struggle and challenges businesses are facing across the world, alliances like this are more important than ever and it is a privilege to be part of this,” said Julie Vennewitz-Pierce, Head of Philanthropic Programs at PayPal.
“Entrepreneurs and small businesses in Latin America continue to be adversely disrupted by COVID-19,” said Arlene Isaacs-Lowe, Global Head of CSR and President at Moody’s Foundation. “As the region navigates its relief and recovery efforts, access to capital and investment-readiness programs will be paramount for entrepreneurs looking to safeguard and scale their operations. We’re proud to partner on Finance Forward Latin America 2020 and look forward to supporting the selected participants during this unprecedented crisis.”
All startups that apply to the program will be invited to join Abaca, Village Capital’s global online network that helps entrepreneurs evaluate their business and identify the next milestones they need to obtain to keep scaling, and matches them with the right investors and resources.
Applications close on May 15 2020. Full details and eligibility criteria can be found at this link.
About Village Capital
Village Capital is the largest organization in the world supporting impact-driven, seed-stage startups. Since 2009 our team has directly worked with more than 1,100 entrepreneurs in 28 countries, and our affiliated fund, VilCap Investments, has invested in 110 startups that have gone on to raise more than $500 million in follow-on capital. To learn more, visit www.vilcap.com or follow @villagecapital.
About MetLife Foundation
At MetLife Foundation, we believe financial health belongs to everyone. We bring together bold solutions, deep financial expertise and meaningful grants to build financial health for people and communities that are underserved and aspire for more. We partner with organizations around the world to create financial health solutions and build stronger communities, engaging MetLife employee volunteers to help drive impact. MetLife Foundation was created in 1976 to continue MetLife’s long tradition of corporate contributions and community involvement. Since its founding through the end of 2019, MetLife Foundation provided more than $860 million in grants and $85 million in program- related investments to make a positive impact in the communities where MetLife operates. To date, our financial health work has reached 9.9 million low-income individuals in 42 countries. To learn more about MetLife Foundation, visit metlife.org.
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 300 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit www.paypal.com.
About Moody’s Corporation
Moody’s (NYSE:MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Our data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With over 11,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.
Moody’s builds toward a world where more people have access to opportunity, and where everyone has what they need to grow and thrive. We are committed to opening the door to brighter futures through our global corporate social responsibility programs connecting people around the world with the knowledge and resources they need to succeed. For more information visit moodys.com/csr.
HP Inc. together with its global network of print service providers (PSPs) continue to innovate printing applications to help medical teams, businesses and the public adapt in the ongoing effort to combat COVID-19.
“We are living through a time that is very unique to our human experience. The COVID-19 pandemic creates a new paradigm in how we relate to each other and today, so many people need help. Each day I am humbled and inspired by these shining examples of humanity and hope as the global print community is coming together for our global communities’ health and well-being,” said Haim Levit, global head, Worldwide Industrial Indigo and PWI Commercial at HP.
Printing personalize protective gear for patient and medical worker well-being
As it is difficult to see faces behind medical personal protective equipment, many patients, especially the elderly, find it a frightening “alien” experience. Two medical students in Israel launched the “More than Masks” movement on Facebook calling for photos on the medical COVID-19 suits and gear. The page attracted the attention of HP Indigo team employees who helped launch the project by supporting the printing of the first 70,000 photo stickers.
To date, 200,000 photo stickers have been printed by HP and print partners, and donated to an estimated 2000 medical personnel at 16 hospitals in Israel. “The doctors were very excited that they feel more comfortable getting closer to patients with the ability to introduce themselves and the patients were also very moved,” said Nisim Asayag, founder of the project along with fellow student Anat Skliar. In addition, the photo stickers help the medical staff identify each other for better teamwork. The 5.8 x 8.3-inch size photo stickers feature a smiling face with their name and function. The medical teams stick them directly on their protective gowns and then dispose of them at the end of the shift. Free templates for downloading can be found here.
Sending a real print hug to frontline workers at hard-hit hospitals
Postable, a US web-to-print greeting card company, is offering an online service to create and mail thank you cards to frontline workers. They are donating 100% of the profits from these cards to the Frontline Responders Fund to help get critical supplies to frontline hospital workers combating COVID-19. You can send a card, printed on HP Indigo digital presses at Mercury Printing in Memphis, by visiting their website, picking a design, selecting a hospital from a list of hard hit areas and typing a message of love and encouragement to the brave medical workers saving lives. Postable prints, addresses and mails the cards to the hospitals on a daily basis.
Helping restaurants stay afloat with sealed delivery boxes
Around the world, restaurants have closed their doors to dine-in patrons, leaving delivery or curb-side takeout as the only option to survive through these difficult times. CompanyBox, a Charlotte, NC based converter printing on the HP PageWide C500 Press with water-based ink compatible for food applications, developed a takeout box and bakery box with a single use seal, which keeps the food securely inside until the recipient removes the adhesive tear strip.
“Restaurants have had to close their doors to dine-in patrons. Other small businesses that are part of the restaurant supply chain are also suffering, businesses like farms, bakeries, breweries and wineries. We decided to respond. We hope this added peace of mind drives more takeout orders and helps all those involved,” said Louie DeJesus, CEO of CompanyBox. CompanyBox has started a program to donate the first 100 boxes free to any local Charlotte restaurants, and plans to produce 100,000 boxes in total.
Mobilizing fabric design community to produce and donate face masks
Spoonflower, based in the US and Germany, is a digital printing company and design community that utilizes HP Stitch technology to print custom fabrics for fashion and décor applications. The Spoonflower team has established the Spoonflower Mask Response Project to mobilize its in-house sewing team to design patterns for knit gaiter and double-layer cotton styles, and its community of designers to design, produce and donate masks to healthcare workers on the front lines. Watch tutorials from the Spoonflower team on how to sew a mask.
Due to high interest, more than 5,800 yards of fabric has been produced for mask makers to sew an estimated 70,000 masks for healthcare workers on the front lines. “We are energized and motivated by how quickly our creatives and entrepreneurs have mobilized and leveraged their talents for the greater good, supplementing the PPE shortage with non-medical grade fabric masks,” said Michael Jones, CEO, Spoonflower.
Producing hand sanitizer to help hospitals with shortages
The HP Graphic Arts Experience Center in Barcelona launched the printing of labels for INEOS of France to donate millions of bottles of hand sanitizers to hospitals across France, UK, Germany and the USA suffering from shortages and lack of supplies. HP’s support for the production of the first 150,000 labels helped the delivery of millions of bottles to hospitals across France just ten days after the plan was announced. See how it all happened in this video.
Bringing sustenance to frontline workers
Baker Labels of the UK is donating three million labels printed on the HP Indigo 6900 Digital Press for the Salute the National Health Service (NHS) campaign, aimed to provide a million meals to NHS staff over the next three months. The nutritious ‘boost’ meal packs are for vital frontline NHS staff working either in hospitals or those sick and confined to isolation at home. They hope to be doing around 10,000 meals a day in the coming weeks and expand across the country to targeted locations.
“We are in a position to be able to manufacture the number of labels required and to be flexible on quantities, variations and demand. With the added support from our material suppliers at Avery Dennison, who have agreed to donate 15000 square metres of material, I’m proud to be part of the team of suppliers collaborating to get this done,” said Steve Baker, managing director, Baker Labels. Read more about Baker and the NHS campaign.
HP Inc. creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers, and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.
Vanessa Forbes, HP
Mohawk Industries is donating personal protective equipment (PPE) to the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) to ensure the safety of their staff working in communities greatly impacted by COVID-19. The effort helps ensure staff feel safe and comfortable while continuing to care for and protect animals across the country.
“The ASPCA is deeply committed to protecting vulnerable animals and keeping pets and their families together by helping shelters and pet owners access the resources and information they need during the COVID-19 crisis,” said Rebecca Frommer, director of cause partnerships and events, ASPCA.
The ASPCA has expanded its work to meet the current needs of pet owners and the animal welfare community by launching the ASPCA COVID-19 Relief & Recovery Initiative. The initiative brings lifesaving services to pet owners and animals most in need, and the ASPCA is committed to helping approximately 200,000 animals nationally through its efforts. By providing access to free pet food, supplies, veterinary care, emergency boarding, information and crucial funding, the ASPCA is comprehensively addressing the most urgent needs of pet owners and animal shelters across the country, helping to keep animals safe and healthy. The donated PPE from Mohawk allows the ASPCA to balance the safety of its staff with the important work to help vulnerable animals and communities in need.
Supporting the ASPCA with PPE further demonstrates Mohawk’s long-standing commitment to homes with pets. Mohawk has several hard and soft flooring product lines featuring All Pet Protection & Warranty, the only pet-friendly protection system that covers all pets, all accidents, all the time.
“We care about our communities and the furry friends that make them even more special,” noted Bart Hill, senior vice president of product development and operations, Mohawk Home. “When the ASPCA shared their need for PPE, we jumped on board quickly. It’s gratifying work to help those stepping up to fight against COVID-19.”
Mohawk has dedicated its Antioch Road facility in Dalton and its location on Marine Drive in Calhoun to manufacture face shields and protective gowns for local medical centers, law enforcement agencies, first responders and others in need. Mohawk produces 10,000 face shields as well as about 5,000 protective gowns a day. To learn more about the company’s COVID-19-related efforts, visit www.mohawkflooring.com.
Mohawk Industries is a leading global flooring manufacturer that creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone and vinyl flooring. Our industry-leading innovation has yielded products and technologies that differentiate our brands in the marketplace and satisfy all remodeling and new construction requirements. Our brands are among the most recognized in the industry and include Mohawk, American Olean, Daltile, Durkan, Feltex, Godfrey Hirst, IVC, Karastan, Marazzi, Pergo, Quick-Step and Unilin. During the past decade, Mohawk has transformed its business from an American carpet manufacturer into the world’s largest flooring company with operations in Australia, Brazil, Canada, Europe, India, Malaysia, Mexico, New Zealand, Russia and the United States.
About the ASPCA
Founded in 1866, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) is the first animal welfare organization in North America and serves as the nation’s leading voice for animals. More than two million supporters strong, the ASPCA’s mission is to provide effective means for the prevention of cruelty to animals throughout the United States. As a 501(c)(3) not-for-profit corporation, the ASPCA is a national leader in the areas of anti-cruelty, community outreach and animal health services. For more information, please visit www.ASPCA.org, and be sure to follow the ASPCA on Facebook, Twitter, and Instagram.
The Zoological Lighting Institute™ has launched ZLI’s Bearanoia Campaign, drawing attention to light related mental health challenges. A multi-faceted campaign, ZLI’s Bearanoia Campaign directly supports scientific research into bear photobiology across the ZLI Framework™ (Photo-physiology, Sensory Ecology and Integrative Biology). The initiative has great importance in highlighting mental health challenges related to animals and the environment, as ZLI seeks to improve animal care and wildlife conservation while encouraging attention to a crucial human need. At the heart of ZLI’s Bearanoia Campaign is the relationship between the natural environment and mental health. In order to combat (and mitigate the real costs) of anxiety and denial in the face of wildlife loss and animal suffering, ZLI’s Bearanoia Campaign seeks catharsis through science.
ZLI’s Bearanoia Campaign supports research that connects light and mental health. The World Health Organization (WHO) defines mental health as more than simply an absence of neurological disease. The WHO defines mental health as inclusive of subjective well-being maintained across social, physical and mental conditions. This multi-cultural definition suggests that the physiological damage that artificial light at night (ALAN) causes, is accompanied by additional mental and social harm across a wide variety of international contexts. ZLI’s Bearanoia Campaign turns to bears in this mental health context, as the all too familiar phenomena of repetitive pacing or ‘bear rocking’ has been tied closely to environmental factors.
"According to peer reviewed research published in the journal Applied Animal Behaviour Science1, repetitive pacing is ‘indicative of an animal who is coping with stress by “disengaging from [its] environment” through repetitive, goal-less behavior’. According to the study, limitation of environmental factors significantly contributes to the induction of repetitive pacing. This onset may be temporary or permanent, occurring at any age of a bear’s life. Despite no obvious physical ailments, this mental detachment prevents an affected animal from engaging with other animals and in general, the world around it. While ZLI promotes understanding that artificial light limits environmental conditions in a similar way, there is a broader issue concerning bears themselves. While responsible zoos have attempted desperately over the years to address repetitive pacing through a variety of enrichment schemes and exhibit modifications, a major challenge obviated by this new research relates to wild bears attempting to function in their ecological niches. Mental health is at least as important as physical health, and ZLI’s Bearanoia Campaign seeks to open conversations regarding the mental impacts of habitat loss and degradation in a multi-faceted and layered way, for bears and humans alike.
“Physical and mental health are closely linked, but it is not always obvious how”, noted ZLI Executive Director James Karl Fischer PhD. “ZLI focuses on the importance of environmental light, but really the subject of anxiety and mental illness go way beyond this for people and non-human animals alike. Overwhelming stress, whether due to watching horrendous wildlife declines or seeing individual animals suffer, is unbearable. Denial sets in as a coping mechanism, making problems worse. While ZLI wishes to improve animal care and conserve wildlife in the most effective (i.e. scientific) way for the sake of animals themselves, the main challenge has always been the unfounded human anxieties that prevent the application of scientifically informed solutions. ZLI will provide scholarships and grants to deal with light related challenges, and we also we invite responsible zoos to study stress-related lighting issues by measuring light in their facilities properly. ZLI can help.”
ZLI’s Bearanoia Campaign is set to fund research in the form of grants, scholarships and post-doctorates (when available). It advocates new standards in the managed care of bears, which include proper light measurements over time on a regular basis. ZLI’s Bearanoia Campaign includes bears of all species. ZLI’s Bearanoia Campaign funds photo-physiology, sensory ecology and integrative photo-biology projects. Candidates for the initial grant distribution will be selected on 1 July 2020, with a post-doctorate to be announced formally on 1 September 2020. For more information about ZLI’s Bearanoia Campaign, or to learn how to sponsor or donate to help bears and to alleviate undue human fears over environmental challenges, please do visit <<www.zoolighting.org>>. The Campaign features an upcoming film ‘Bearanoia’, which in conjunction with PhotoDiversity Films will begin shooting in Sitka, Alaska as soon as investments and sponsorships are secured. To find out more, please reach out to The Zoological Lighting Institute at firstname.lastname@example.org.
Isabelle T. Cless, Heather A. Voss-Hoynes, Roy E. Ritzmann, Kristen E. Lukas, “Defining pacing quantitatively: A comparison of gait characteristics between pacing and non-repetitive locomotion in zoo-housed polar bears”, Applied Animal Behaviour Science, Volume 169, 2015, Pages 78-85, ISSN 0168-1591, (https://doi.org/10.1016/j.applanim.2015.04.002.)
Keywords: Pacing; Abnormal behavior; Zoo animals; Polar bears; Gait
The World Health Organization, Comprehensive Mental Health Action Plan 2013-2020-2030.
ISBN 978 92 4 150602 1 © World Health Organization 2013 [N LM classification : WM 101) ISSN 1020-3311
We are experiencing a transition to an era where total social benefit is becoming an increasingly important metric for the perceived value of products and services. Consequently, the investment industry is risking its enduring relevance and credibility by assessing and subsequently rewarding success through solely financial metrics.
In this segment, experts discuss the demand from investors for investment managers to demonstrate additional value beyond traditional risk & return considerations.
"From our perspective demand is increasing, however still a long way to go. If I would look at our portfolio which includes 800 GP’s, less than 4% of them have strategies are required to have KPI’s that create some sort of value beyond risk/return financial metrics and less than 30% of our portfolio includes outcomes ba sed targets. If you consider yourself an impact fund, and aim to have EIF as an LP - and as a reminder we have 800 GPs in Europe, you are required to have your carry aligned with non financial impact KPI performance."
THOMAS L. FERRE
Private Equity Mandates European Investment Fund
"We see four categories of client demand: Firstly, a client with existing mechanisms to make good investment decisions which have positive outcomes, secondly a generational transfer of wealth and responsibility acting as a catalyst for seeking to allocate to investment strategies which have a positive impact on society, third category is family offices who are starting to get interested in allocating to more outcomes focused products but being frustrated with the lack of clarity of how to measure and then select managers. Finally, the fourth that is engaged only in capturing financial returns, with little regard for their positive or negative outcomes."
Investment Consultant Enhance Group
Acre provides global financial institutions and investors access to the most established network of talent to build teams that not only outperform the markets, but also support the transition to a sustainable economy. Acre’s pioneering work in responsible investment, sustainable finance and impact investing has created the largest global recruitment network of its kind. To get in touch with them, email email@example.com, or visit acre.com/impact-investing
During the current coronavirus pandemic, we are hearing about so many wonderful acts of kindness and about nonprofits and companies that are dedicating resources to help. These organizations, and the teams that are making things happen, are driven by individuals with big hearts and community spirit.
Recently, 450 hygiene kits for individuals and families in need were provided by Heart to Heart International, a global humanitarian organization based in Lenexa, Kansas, to the Rahway Family Success Center in Rahway, New Jersey.
Jerry Alvare, a regional communications specialist at FedEx Ground, facilitated the special delivery to the Rahway Family Success Center, a multipurpose community center for child care, summer youth and other community programs.
He connected with the Global Citizenship department who in turn contacted Heart to Heart, a nonprofit FedEx has supported for many years. Heart to Heart generously provided 450 hygiene kits and used the FedEx network to ship the kits to the Rahway Family Success Center to distribute in their community.
Jerry is passionate in all he does, including how he engages and leads the local FedEx team in volunteer events or advocates for local nonprofits to enhance the community.
Many thanks to these nonprofits for their tireless efforts to serve communities in need and to Jerry and his teammates for their compassion!
Read more stories like these on FedExCares.com
Feed the Frontline, the initiative established in April by the James M. Cox Foundation and Emory Healthcare to provide meals to Atlanta’s frontline workers, is now on track to serve almost 10,000 meals each week.
The program now has more than 1,300 donors including individuals, foundations and corporate contributors and has raised over $1 million. Originally set to serve through May 1, the initiative will extend through May 31 and still needs additional donations in order to reach the program’s goal to feed all frontline workers through the end of the month.
Feed the Frontline’s mission is to offer nourishment and comfort to Atlanta’s frontline healthcare workers serving in emergency rooms, ICUs and critical care wards at 19 Atlanta hospitals — as well as Atlanta police and fire rescue first responders.
As the world continues to deal with the effects of the COVID-19 outbreak, the opportunity to unite through generosity has emerged with Giving Tuesday Now, the global day of giving on May 5. To donate directly to Feed the Frontline and help provide meals to Atlanta’s frontline, visit http://feedthefrontline.emory.edu/.
Helping the Helpers
Across the country and in Georgia, medical professionals continue to adjust to long hours, increased stress and a new way of working to prevent the spread of COVID-19.
Gaurav Budhrani, doctor of anesthesiology and critical care at the Atlanta VA Medical Center, said the meals provide a needed morale boost.
“Serving the healthcare needs of our sick patients in the ICU during these times can be rewarding but is also extremely challenging on both physical and emotional levels,” Budhrani said. “To leave the ICU momentarily and to be surprised with a delicious meal is a huge morale boost, and for that you have my gratitude.”
Since April 3, thousands of meals have been delivered to Atlanta-area hospitals including Emory Healthcare, Grady Health System, Piedmont Health, the Atlanta VA Healthcare System, Children’s Healthcare of Atlanta, Northside Hospital and WellStar Health System. The meals come at no cost to the workers.
“There are so many things to worry about right now and by having the Feed the Frontline program available to us, it gives us one less thing to worry about,” said Katelyn Camuso, a radiation therapist at the Winship Cancer Institute. “Taking care of our patients is our No. 1 top priority. I have benefited from the Feed the Frontline program by being able to have a meal freshly prepared and waiting for me during my lunch. This enables me to be fully prepared to tackle the rest of my day.”
Feed the Frontline’s food service partners include Avalon Catering, Bazati Atlanta, Chef Linton and Gina Hopkins, Chez Montier Catering, DAS BBQ, Fifth Group/Bold Catering, Local Three, Southern Proper Hospitality and Tamarind Restaurant Group.
About the James M. Cox Foundation
The James M. Cox Foundation is named in honor of Cox Enterprises' founder and provides funding for capital campaigns and special projects in communities where the company operates. James M. Cox was Ohio's first three-term governor and the 1920 Democratic nominee for president of the United States. The Foundation concentrates its community support in several areas including: conservation and environment; early childhood education; empowering families and individuals for success; and health.
The Consumer Goods Forum (CGF) and Kin&Co have today published a global insights report on employee health and wellbeing in the consumer goods industry, one of the key themes tackled by the CGF as part of its Collaboration for Healthier Lives Coalition. The report, titled “Creating a Culture of Health - The Secret to a Productive, Resilient Workforce”, maps out the state of health and wellbeing within the global workforce and seeks to understand the role that business can play to better ensure the health and wellbeing of their employees.
Positive results show CGF members and other businesses across the globe are already taking action on employee health and wellbeing, with 78% of CGF members having policies in place. 60% of UK CEOs consider mental health in the workplace to be a top priority and 70% of employers have taken steps to enhance their physical environments to inspire and drive healthier behaviours. However, despite two-thirds of organisations deeming health and wellbeing programmes to be a pivotal element of their employee culture and brand, the number of employees who feel their employers are not doing enough to improve their health and wellbeing remains high.
In light of the Covid-19 pandemic, however, companies are expected to increase even further their focus on employee health, especially with regards to mental health as companies and employees come to terms with sustained periods of remote working and isolation.
In giving a definition for a “culture of health”, the report highlights the need for business to shift away from standalone policies on health and wellbeing in the workplace, and rather focus on driving change in behaviour and culture. The report delves into key insights from businesses making strides on employee health and wellbeing in China, Colombia, France, Japan, Turkey, the United States and the United Kingdom.
In addition, new research on employees’ perspective on efforts from their employers is shared, and multiple case studies are used to illustrate and give tangible examples of how workforce wellbeing is being transformed by frontrunner companies. As a helpful tool to take this further, a step-by-step guide is offered for businesses that wish to implement or strengthen their employee culture of health and wellbeing within their workforce.
Commenting on the release of the report, Sharon Bligh, Health & Wellness Director, The Consumer Goods Forum, and Rosie Warin, CEO, Kin&Co, said, “Businesses have the opportunity to have a significant impact on empowering their employees and nurturing their health and wellbeing. This can lead to widespread, positive effects even outside the workplace, and this need has only been exacerbated further by the Covid-19 pandemic. The business case for investing in employee health and wellbeing is clear, as this enhances individual performance and ultimately benefits company performance. Through this report, we see an improved commitment from industry to drive positive change in the area of employee health and wellbeing and encourage cross-sector collaborations that are essential to achieving success at scale”.
The CGF and Kin&Co thank all the companies and organisations involved for contributing their valuable insights for the report: Ajinomoto, Barilla, Colgate-Palmolive, Danone, GAIN, Global Business Group on Health, Grupo Bimbo, Johnson & Johnson, Kao Corporation, L’Oréal, McCormick, Migros Ticaret, Nestlé, Norgesgruppen, PepsiCo, Tesco, Walgreens Boots Alliance and Walmart.
Download a copy of the report.
About The Consumer Goods Forum
The Consumer Goods Forum (“CGF”) is a global, parity-based industry network that is driven by its members to encourage the global adoption of practices and standards that serves the consumer goods industry worldwide. It brings together the CEOs and senior management of some 400 retailers, manufacturers, service providers, and other stakeholders across 70 countries, and it reflects the diversity of the industry in geography, size, product category and format. Its member companies have combined sales of EUR 3.5 trillion and directly employ nearly 10 million people, with a further 90 million related jobs estimated along the value chain. It is governed by its Board of Directors, which comprises more than 50 manufacturer and retailer CEOs. For more information, please visit: www.theconsumergoodsforum.com.
Kin&Co is a multi-award winning next generation management consultancy specialising in purpose, culture change, and employee engagement. With offices in London and Toronto, Kin&Co is transforming the business world so that leaders and organisations are led by purpose and have resilient, adaptable cultures. Find out more about Kin&Co at www.kinandco.com.
For further information, please contact:
Director, Health & Wellness
The Consumer Goods Forum
The Consumer Goods Forum
Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).
“This funding in response to the COVID-19 pandemic will help meet urgent demand among small businesses and non-profit groups,” Chairman and Chief Executive Officer Michael O’Grady said. “Since 1995, we have provided capital to CDFIs with flexible terms and low rates to facilitate lending in underserved communities.”
Under the CARES Act, the PPP facilitates bank loans to small businesses guaranteed by the Small Business Administration to help cover payroll and other expenses during the COVID-19 pandemic. CDFIs provide loans, investments, financial services and technical assistance to underserved populations and communities.
“These investments facilitate the rapid deployment of PPP loans to small businesses and non-profit organizations by providing low cost capital to bridge the timing between the making of loans and reimbursement by the Small Business Administration,” said Connie Lindsey, Head of Corporate Social Responsibility and Global Diversity, Equity & Inclusion. “In turn, the funds will assist the small businesses that form an integral part of our communities.”
Northern Trust’s partners in these investments include:
Self-Help Fund ($50 million) -- a national CDFI with community development credit union branches in Illinois, California, Florida, North Carolina and South Carolina. Self-Help has assisted more than 1,100 PPP borrowers with a median loan size of $35,000. Illinois legacy Second Federal and Seaway branches are part of the Self-Help network of credit unions.
National Development Council (NDC) CDFI Subsidiary Grow America Fund (GAF) ($25 million) -- a national SBA lender.
immito ($10 million) -- the SBA subsidiary of Local Initiatives Support Corporation, a national social enterprise.
Other recipients include:
Access to Capital for Entrepreneurs: provides SBA lending in in Atlanta and Northern Georgia.
Black Business Investment Fund: provides SBA lending in the state of Florida.
PeopleFund: provides SBA lending in Texas.
Virginia Community Capital: provides SBA lending in Virginia.
Wisconsin Women’s Business Initiative Corporation: provides SBA lending in Wisconsin.
For those small businesses that are not able to access PPP loans, Northern Trust is investing in CDFIs that provide small business loans through state COVID19 small business loan pools, such as the Illinois Small Business Emergency Fund and the San Francisco Hardship Emergency Loan Program.
This investment is aligned with Northern Trust donating $3 million to support organizations serving those directly affected by the pandemic.
About Northern Trust
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 22 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of March 31, 2020, Northern Trust had assets under custody/administration of US $10.9 trillion, and assets under management of US $1.1 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Visit northerntrust.com or follow us on Twitter @NorthernTrust.
Northern Trust Corporation, Head Office: 50 South La Salle Street, Chicago, Illinois 60603 U.S.A., incorporated with limited liability in the U.S. Global legal and regulatory information can be found at https://www.northerntrust.com/united-states/terms-and-conditions.
Over the past few weeks, I’ve heard from nurses and leaders of national nurses organizations about the critical challenges nurses and other health workers on the frontlines of COVID-19 are facing, such as a dwindling inventory of personal protective equipment (PPE), a need for proper PPE training, concerns over nurse burnout and uncertainty about the nature of this virus. They’ve also expressed the need for credible, easy-to-access resources that can help equip nurses to overcome these challenges.
While many nurse and health organizations around the world have mobilized their resources and experts to create toolkits and guidance that can help inform, protect and support the integral health workers on the frontlines of COVID-19, I’m sure that many of you haven’t had the time to search them out.
While not an exhaustive list, I thought I would share a few of them with you today that I have come across, which include where to find real-time updates, best practices and guidance, mental health and resilience resources and free online training modules. I hope the wide range of information they have to offer is helpful for you and your teams.
The World Health Organization (WHO) is providing live updates on COVID-19 from around the world, as well as travel advice, developments in research and clinical trials and a list of answers to popular questions about the novel coronavirus.
Best Practices and Guidance
The Centers for Disease Control (CDC) has put together a comprehensive guide on how to protect yourself from COVID-19 and what to do if you think you are sick. They have also created special guidance for various health settings, a PPE Burn Rate Calculator, guidance on how to minimize risk and a preparedness checklist for healthcare providers.
The Johnson & Johnson Institute, which educates 210,000 healthcare providers each year, has expanded its collaboration with Advances in Surgery to help provide the latest information about COVID-19 to nurses, surgeons and other healthcare providers. The AIS resources, available for free through the Johnson & Johnson Institute online platform, is updated in real-time with the latest news and provides critical virtual training for COVID-19 care, such as an online mechanical ventilation course. There's also a 24-hour chat forum for healthcare providers who have urgent questions.
The Association of periOperative Registered Nurses (AORN) has compiled a full list of resources for hospital preparedness, reducing infection, navigating supply shortages, self-care strategies and more. They have also created a COVID-19 Support page that includes modules on cleaning the OR, hand washing, donning and doffing PPE.
The Oncology Nursing Society (ONS) has compiled a guide with general information around the novel coronavirus, PPE safety information, resources for patient care and nursing practice guidance.
The Association of Women’s Health, Obstetric and Neonatal Nurses (AWHONN) has compiled a list of resources that include practice guidelines, some specifically for mothers and their newborns at-risk for COVID-19, as well as self-care resources.
Mental Health and Resilience
The mental and physical toll this crisis is having on frontline health workers is rapidly becoming an epidemic in itself – the current pandemic response demonstrates the essential, tireless, innovative and too-often undervalued role of health workers in ensuring strong, resilient health systems. That’s why – as part of Johnson & Johnson’s commitment to health workers through the Center for Health Worker Innovation – we have joined First Responders First, an initiative to support and sustain the health and well-being of frontline workers amidst the COVID-19 pandemic and the days to come. First Responders First will provide evidence-based content, tools and resources specifically designed to improve the resilience and well-being needs of frontline health workers and their leaders in times of crisis, recovery and rebuilding. Visit the resources section of the First Responders First site to learn more.
During this unprecedented time of fear and stress, nurses are at high risk for mental health issues like anxiety, depression and post-traumatic stress. The American Nurses Association (ANA), through their Healthy Nurse Healthy Nation platform, have created a mental health guide with articles, advice and hotlines for nurses and their employers.
The American Psychiatric Nurse Association (APNA) is offering COVID-19 nurses' mental health resources for psychiatric-mental health nurses, which also includes current information, policy updates and self-care tips.
Supporting the Nursing Community
The American Organization for Nursing Leadership (AONL) has been sharing positive stories from healthcare professionals on the frontlines of the coronavirus, and is calling on more health workers to share their story.
Free Online Training
Nurse.com is offering a free COVID-19 course to help nurses stay apprised of new information and take advantage of education resources. This course is being offered courtesy of Nurse.com and Relias until September 17, 2020 and takes less than three hours to complete. You can take the online course here.
IntelyCare is offering free COVID-19 nurse training certification in a new interactive course, which can also be done on mobile, to help educate nurses on the latest practices and expectations in treatment and prevention.
I hope that this list is helpful for you and nurses in your network. I will continue to keep an eye out for resources and update this list with new information as it becomes available!
On behalf of Johnson & Johnson, thank you to all nurses and frontline health workers around the world who are working in this health crisis. Please know that we will never stop listening to your needs and supporting you, just as we have done for over 120 years.
It was late December 2019 and Will was packing his belongings and preparing for the trip from NYC to Texas to visit his parents for Christmas. In addition to the usual excitement around the holidays, Will was particularly looking forward to this Christmas, as it would be his first since getting engaged to his fiancé earlier that year. So when he saw a call coming in from an unknown number he ignored it and didn’t think twice, after all, his flight was only in a few hours. Then he saw an email come in that made everything come to a grinding halt. It was DKMS that was trying to contact him: he had been found as a possible match for a blood cancer patient in need of a transplant.
It initially took Will a moment to remember how and when he had first signed up. Some friends had been holding an event on campus at the University of Texas in Austin back in 2012 and he had registered; both to help his friends out and because it seemed like a good thing to do, even if it was unlikely he’d be called. Now, nearly 8 years later, Will’s world suddenly snapped back into motion. He contacted DKMS, told them he was headed home for the holidays and wanted some time to do some research and chat with friends and family. By the way he returned to NYC Will’s thought process was clear: he might literally be the difference between life and death for someone, how could he not move forward with donation.
Throughout January and February Will and his DKMS Coordinator, Tami, went through additional health screening questions and blood work to ensure he was the best possible match for his recipient. By the end of February everything had checked out, Will’s donation date was set for late March, and all that was left to do was wait for the day to come and hope that nothing changed. Meanwhile, the world outside was beginning to experience an unprecedented change that few, if any, could have predicted or prepared for.
At the end of January the U.S. diagnosed its first case of COVID-19, the virus that had taken root in the Wuhan province of China and quickly spread to the rest of the world, sparking a global pandemic. On February 29th, just a few days after Will and Tami had set the date for his donation the first death from COVID-19 was reported in the U.S. By March 13th Will was watching diagnosis and deaths in NYC increase exponentially day after day and was beginning to be seriously concerned for the health of himself and his family. He phoned Tami to let her know that he was going to visit his parents to make sure they were okay, but was still planning on flying back to NYC to donate on the scheduled date.
In the days following his arrival in Texas sports leagues across the country canceled their seasons, NYC suspended schools and began requesting people work from home if possible, and there were now cases in every state in the country. He felt the weight of responsibility to his recipient, knowing that if he backed out now they would not survive, but he couldn’t help but feel concerned for his own health, as well as his family. With a week to go before his donation Will called Tami to see if there was anything that could be done.
“It was an extremely difficult decision,” Will explained. “I had this overwhelming sense of duty to the patient, knowing I was their only chance at survival, but at the same time the prospect of returning to what was quickly becoming the epicenter of COVID-19 cases in the US was unnerving.” Fortunately for Will, Tami listened to Will’s concerns and without a moment's hesitation began reorganizing everything so that Will could donate in Texas, while keeping to the same schedule so that the patient wouldn’t experience any delay in receiving the transplant. On the same day that Will was supposed to be donating in NYC, now home to the most cases of COVID-19 in the country, he was laying in a bed 2,000 miles away, watching as his stem cells slowly connected and thinking about the stranger who would soon be receiving them.