News & Outlook Archives - Activate World

Businesses, employees, and the COVID-19 pandemic

The coronavirus outbreak quickly spreading across the country is forcing major American companies to rethink how they approach paid sick leave. More than 30 million U.S. workers — manylow-wage service employees at restaurants, stores, and airports — lack access to sick pay. This fact raises fears that the epidemic could escalate if infected workers do not feel that they can afford to…

Social entrepreneurship gains momentum

Social entrepreneurs are mission-driven individuals who use a set of entrepreneurial behaviors to deliver a social value to the less privileged, all through an entrepreneurially oriented entity that is financially independent, self-sufficient, and sustainable. Social entrepreneurship has the imperative to drive social change, and it is that promise, with its lasting, transformational benefit to society, that sets…

Major brands announce ambitious ESG Goals

Major brands are outdoing each other when it comes to ESG (environmental, social and governance) goals. Companies are increasing their sustainability commitments while replacing their existing corporate goals with impressive new ones. A robust and credible ESG program can open up access to large pools of capital, build a stronger corporate brand and promote sustainable long-term growth benefitting…

Kickstarter employees vote to unionize

Employees of the crowdfunding platform Kickstarter voted to unionize, the first prominent tech company to be represented by organized labor. The vote came down to a narrow margin of 46 employees voting in favor of the move and 37 opposing it. The union debate had been a source of tension at the company for some time.  Lunchtime questions:…

Delta announces it will go carbon neutral

Ed Bastian, Delta Air Lines’ CEO announced last Friday an ambitious plan to become the first U.S. airline to go carbon neutral beginning March 1. The company says it will spend at least $1 billion over the next decade to buy emission offsets and invest in more efficient planes, new fuel sources and carbon-capture technologies….

Investors’ money has moral implications

Investment firms and startups should look more closely at who’s giving them money. Similar suggestions were made in a series of tweets from venture capitalist Chamath Palihapitiya raising moral issues about sources of investment funding. His concerns were prompted by a WSJ investigation into how the Mormon Church secretly built one of the world’s largest investment…

Employers hiring felons for a second chance

Seeking employment as a convicted felon is not an easy task. So, it’s encouraging to learn that in 2020, the majority of the largest companies worldwide are actively hiring ex-offenders worldwide. Two smaller companies that pioneered this effort are Nehemiah Manufacturing in Cincinnati and Televerde, a sales and marketing company that provides training and employment…

Hundreds of Amazon employees speak out on business practices

More than 350 Amazon employees violated the company’s communications policy Sunday by publishing support for Amazon Employees for Climate Justice – colleagues who were warned they could be fired for publicly criticizing the company’s climate practices. The quotes were published on Medium with workers’ names, in a show of solidarity.  Lunchtime conversations: In addition to submitting questions during…

Climate crisis expected to reshape global finance

World business leaders say that climate change and environmental issues could wreak costly economic and social havoc, reshaping global finance. The World Economic Forum cited climate-related issues as dominant among the top-five likely risks over the next decade. In his annual letter to CEOs, BlackRock chief Larry Fink said: “Climate change has become a defining…

Facebook doubles down on political advertising

Facebook is holding fast to its political advertising approach. The social media giant will continue its controversial political advertising policies, such as allowing politicians to lie in ads they buy on Facebook or not restricting campaigns’ ability to target groups of voters with their ads. This puts Facebook, the most important digital platform for political ads,…