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How Some Companies Showed Compassion for Workers…

Not surprisingly, companies that were hit hard by the pandemic downturn were much more likely to lay off employees, even if those companies had been in strong financial shape beforehand. But hard-hit companies that benefited from strong cash reserves were only half as likely as their financially weaker counterparts to impose layoffs.
“If companies had cash reserves, they seemed willing to use some of them to help their employees,” Lester says.
At least as important, however, was whether a company had previously made a strong commitment to treat its workers well. In fact, companies with strong finances but weak commitments to workers were more likely to lay off employees than were companies with similarly strong finances and strong commitments to their workforce. ....

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Visa marks Earth Day with pledge to reach net-zero emissions by 2040

Visa marks Earth Day with pledge to reach net-zero emissions by 2040
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Visa, a leading global payments technology company, has announced a new global commitment to reach net-zero emissions by 2040. The company also announced its achievement of carbon neutrality across its operations in 2020. Visa also outlined plans to become a climate positive company through new partnerships and expanded initiatives to support sustainable commerce and the transition to a low-carbon economy beyond the company’s own footprint.
Al Kelly, chairman and chief executive officer of Visa said, “Visa is committed to creating a more sustainable future. Our new net-zero commitment and enhanced efforts across our network in support of sustainable initiatives are immediate ways we will achieve our goals to help build a better future for our planet.” ....

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Visa Deepens Global Commitment to Environmental Sustainability with Pledge to Reach Net-zero Emissions by 2040

Visa Deepens Global Commitment to Environmental Sustainability with Pledge to Reach Net-zero Emissions by 2040
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S&P Global Affirms Net-Zero Commitment by Endorsing 'Say on Climate' Initiative

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NEW YORK, March 16, 2021 /PRNewswire/ S&P Global (NYSE: SPGI) today announced its support for the principles outlined in the Say on Climate initiative, reinforcing the Company s existing pledges to support the transition to a global net-zero economy. The initiative is a disclosure-based plan focused on emissions with the goal of advocating for sustainable business practices and corporate climate action plans. It will be presented to shareholders for a vote in S&P Global s 2021 and 2022 proxy statements.
The Say on Climate initiative is promoted by The Children s Investment Fund Foundation (UK).
Say on Climate s principles complement our belief in the importance of transparency and disclosure as well as the market-leading steps we have taken towards becoming net-zero by 2040, said ....

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Visa Deepens Global Commitment to Sustainability by Securing a New Regional Renewable Energy Agreement

Visa Deepens Global Commitment to Sustainability by Securing a New Regional Renewable Energy Agreement
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