America’s Tech Giants Address Climate Change, Global Warming With Bold Initiatives in 2020

August 12 2020

by Hank Boerner – Chair & Chief Strategist – G&A Institute

It’s global warming, you say?  Well, we have to say that it certainly is a hot summer in many parts of the world (north of the Equator) and the U.S. National Hurricane Center has a large list of names for the storms to come.

That’s Arthur and Bertha on to Vicky and Wilfred – 21 named storms so far, with “Isaias” whipping through as tropical storm and causing hundreds of thousands of homes and business to lose power this past week in the NY region. And it was not even a full hurricane in the U.S. Northeast!

And during this week, many communities in the American Midwest lost electric power. Not be provincial here – in the Eastern North Pacific there are storms to come named Amanda and Boris on to Yoland and Zeke.

For the Central Pacific? – Akoni and Ema, and Ulana and Wale are possibly coming your way.  So, can we say this is an effect of global warming or not?  Let’s say…yes, with a number of contributing factors.

Like steadily-rising Greenhouse Gas Emissions trapping heat in the atmosphere.

Think of methane (CH4), carbon dioxide (CO2), nitrous oxide (N2O-or-NOX), ozone, and a host of chlorofluorocarbon gasses steadily drifting upwards into the atmosphere and over time, changing weather patterns to create more super storms. Think: tornadoes, floods, more torrential rain coming down (hello, Houston and New Orleans!)

In the U.S.A. major companies have been steadily addressing their carbon emissions and putting in place important programs to reduce emissions, such as by adding renewable energy sources, and taking small and larger steps to conserve electric power use, and more.

But if you are a company using a lot of power…and constantly adding power…there are ever more challenges to address.

That’s the case as the world continues to move online for many activities in business, education, healthcare, investing, shopping, and more.  And coming online — we are seeing more AI, robotics, approaches to develop self-driving vehicles, machine-to-machine learning, more and more communication…5G systems…all coming our way.  All needing more power generated.

Over the past few days some of the major U.S.-headquartered, powerhouse tech firms have been announcing their plans to address GHG emissions…and in the process the companies have or are putting significant strategies and initiatives in place to protect the planet and do their part of address climate change.

Eight companies launched the Transform to Net Zero coalition, to accelerate action toward a net zero carbon economy. (The firms are A.P. Moeller-Maersk, Danone, Mercedes-Benz, Microsoft, Natura & Co, Nike, Starbucks, Unilever, Wipro, along with the Environmental Defense Fund.)

The examples for you this week in our Top Story choices are familiar names in the U.S. corporate sector: Microsoft, Apple, Facebook, Alphabet/Google.  Read on!

Top Stories

Progress on our goal to be carbon negative by 2030
(Source: Microsoft)
By year 2030, MSFT intends to be carbon negative and by 2050, will remove from the environment more carbon than the company ever emitted since its founding.  The company launched a new environmental sustainability initiative in January 2020 focused on carbon, water, waste and biodiversity.

Microsoft commits to achieve ‘zero waste’ goals by 2030
(Source: Microsoft)
By the year 2030, Microsoft will divert at least 90% of the solid waste headed to landfills and incineration from its campuses and datacenters, manufacture 100% recyclable Surface devices, use 100% recyclable packaging, and achieve 75% diversion of construction and demolition waste for all projects.

Facebook to buy 170MW of windpower in landmark renewables deal 
(Source: Power Engineering International)

Renewable energy developer Apex Clean Energy has announced a power purchase agreement (PPA) with Facebook for approximately 170MW of renewable power from its Lincoln Land Wind project in the US state of Illinois, making the social media giant Apex’s largest corporate customer by megawatt.

Apple commits to be 100 percent carbon neutral for its supply chain and products by 2030 
(Source: Apple)

Already carbon neutral today for corporate emissions worldwide, Apple plans to bring its entire carbon footprint to net zero 20 years sooner than IPCC targets. That “footprint” includes the company’s supply chain and products… every device sold! (Apple is already carbon neutral for its global corporate operations.)

Alphabet issues sustainability bonds to support environmental and social initiatives
(Source: Google)

As part of a $10 billion debt offering, Alphabet has issued US$5.75 billion in sustainability bonds — the largest sustainability or green bond by any company in history. During the past three years Google has matched the company’s entire electricity consumption with renewables…and has been carbon neutral since 2007.

Marriott, Apple, Google, Facebook, Schein, CVS, Sentient Technologies, American Express, JPMorgan Chase — Finding Ways to Help – and Innovate!

G&A Institute Team Note: We continue to bring you news of private (corporate and business), public and social sector developments as organizations in the three societal sectors adjust to the emergency.

This is post #15 in the series, “Excellence in Corporate Citizenship on Display in the Coronavirus Crisis” – April 10, 2020

#WeRise2FightCOVID-19 “Corporate Purpose – Virus Crisis”

By Hank Boerner –Chair & Chief Strategist – G&A Institute

The team members at G&A Institute are in conversations throughout the day with corporate managers, with the discussions centering on sharing “what companies can do / what companies are doing” to meet the challenges of the cororanvirus pandemic.

That consideration for many companies today is both internally and external focused — the key tasks are keeping people safe, serving the community’s needs, keeping the corporate operations going to be best of their ability, and looking forward to the post-crisis era.

Here are a few selections of what executives and managers and their organizations are doing.  As we are thinking…

Life hands you the lemon / squeeze! / make the lemonade!
And get it around to others as fast as you can.

Setting An Example: Cut My Pay, Says Schein CEO

Stanley M. Bergman, CEO of Henry Schein Inc. (important suppliers to the medical community) is taking a temporary cut in salary during the virus crisis. As his company’s client base experiences hazards and cares for patients, the CEO (in SEC filing) will take 100% pay cut.

The company also stopped its share buyback program. The company markets equipment and supplies for clinics, dentist & doctor offices, and other segments of healthcare.

Schein is a co-founder of the Pandemic Supply Chain Network, using its own supply chain for distribution of testing supplies. The network was created at the 2015 Davos meeting as a public-private partnership. Now, the PSCN is part of the global COVID-19 response.

Information for you if would like to become a part of the effort: https://www.weforum.org/projects/pandemic-supply-chain-network-pscn

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Apple & Google Teaming For New “Contact-Tracing” Bluetooth App

It’s hard to get one’s head around the pandemic: millions, tens of millions, yes billions of people are stationary, immobile, not able to move around, sheltered at home, working remotely.

And tens of millions of us are not able to not move around, we must be at our posts, picking the crops, stocking the warehouse, driving the truck, stocking the shelves, manning the cash registers at retail.

Or more frightening, driving the ambulance, being on post in the emergency room or in the ICU, or in the wards with non-COVID patients.

Or driving the police car to respond to “the unknown”, or the fire truck to extinguish the blaze and save lives. Think about the EMT in the ambulance, hour after hour, running to danger.

Keeping on touch, virtually all of us, mobile and immobile rely on our cell phone…the lifeline to loved ones as well.

For those who must be on their designated post, moving around, interacting, the fear is that the virus could be too close, within reach to infect. To the rescue: Apple Inc. and Google – in a rare partnership, the rivals are adding technology to the phone to alert us if we’ve come into contact with a person with the virus.

This is to be an opt-in feature – “contact-tracing” – that immediately alerts us: quarantine and isolate and then treat or seek treatment because we have been in close contact with an infected person.

Over time we can expect to see this application added to the basic phone operating systems.

Watch for the news in May for iPhones and Android; the management of the system will be by public health agencies. The reports to the phone will be on anonymous basis. As the two companies announced the collaboration,  The phone owner must opt-in to be part of the network.

MIT says it is developing a similar system. Of course, there are numerous privacy protection issues – we’ll see how that goes on the rollout.

Facebook Joins the Tracing Effort

Facebook is one of the world’s leading social media platforms (claiming 2 billion-plus of the “connected”). Users are invited to share their own coronavirus symptoms and experiences to help researchers pinpoint “where” the disease is occurring.

Carnegie Mellon, the great tech school, is using the data in pilot effort to try to see where data is telling us help is needed. Such as the all-important ventilators that are in such short supply. Or where “go home/stay home” guidance or orders are needed. The output is going to be shared with public sector health managers.

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Headed to the Drug Store? How Do You Know What You Need is There?

The CEO of the nationwide CVS drug store network, Larry Merlo, was interviewed by Barron’s Jack Hough. The CVS stores are in the midst of becoming “HealthHUBS” (to provide medical services) and strengthening is “Caremark” program for pharmacy benefits management. And now, the CVS workforce is pressed to help customers in the midst of the virus crisis.

Explains CEO Merlo: Home deliveries are up by three times the usual volume. Tele-medicine connections are up two times. CVS waived copays for tele-medicine and for deliveries. COVID-19 testing was starting in Shrewsbury, Massachusetts (in a store parking lot) to do 100-plus test a day. Stores are being kept stocked. Limits are applied to prevent hoarding.

The company maintains close contact with suppliers to keep the pipeline stocked and moving to stores. CDC guidelines are followed in the stores. Cash bonuses are being doled out to hourly store staff, pharmacists, managers. There is day care service where possible; sick leave is granted to part-timers.

Lessons Learned: Keeping mind the Chinese sign for crisis (“danger” and “opportunity”), we learn that the CVS CEO thinks the crisis has helped to strengthen the firm’s confidence in what CVS can do to help to change the trajectory of healthcare delivery.

Pharmacies (local) and tele-medicine (distant) are key elements. The critical role that healthcare professionals play in local communities (where CVS outlets are located) is really being demonstrated today.

Marriott and Hilton have been working with CVS to create a transition for those folks who are furloughed. Speaking of Marriott…

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Holding on to Customers / Serving the Local Community & Responders

Marriott CEO Arne Sorenson in communications to patrons explains that cancellations for scheduled trips are being adjusted out to June 30th (usually 24 hours notice is required). Expiration of points accrued for use at the properties is being extended. “Experience flexibility” is the theme.

And about helping the communities in which the resorts and hotels are based:

  • Marriott properties are donating food, pre-cooked and cooked meals to crisis responders, as well as a supply of cleaning products, masks, gloves, sanitizers, wipes, shower caps, anti-microbial wipes, and other supplies to local communities. Hotel windows sport signs and symbols of love and support to those passing by.
  • Working with American Express and JPMorgan Chase (two credit card partnering organizations), Marriott committed to provide $10 million worth of hotel stays to professionals on the front lines of the crisis. “Rooms for Responders” are being made available in New York City, New Orleans, Chicago, Detroit, Los Angeles, Las Vegas, Washington DC, and Newark, New Jersey.
  • To reach the responders, Marriott is working with the American College of Emergency Physicians and Emergency Nurses Association to help match doctors and nurses with available rooms.

And the “Community Caregiver Program” initiative (coordinated by franchisees and property owners) provides deep discount accommodations near to hospitals to first responders and healthcare professionals stepping up to serve local communities. This is available in North America, the Caribbean and Latin America (at 2,500 hotels to date).

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The Food Supply in the Crisis – Changes in Post-Crisis Behaviors

What is happening in the food sector? Mike Geraghty writing on the Sensient Technologies Corporation platform shares the results of a mid-March 2020 study by Nielsen that forecasts six key consumer behavior shifts happening during the crisis.

The findings will have a major impact on the food industry and will/could lead to permanent changes in the way consumers shop for food.

These are (by their headlines):

  • Proactive Health-Minded Buying
  • Reactive Health Management
  • Pantry Preparation
  • Quarantined Living Preparation
  • Restricted Living
  • Living a New Normal

Under each category headlines there are explanations of the shifts seen in consumer behavior and COVID-19 event markers. There’s valuable findings and shared perspectives here for you from the Sentient folks (providers of color technologies and services for the food and beverage industries).

The commentary: https://sensientfoodcolors.com/en-us/global-markets/covid-19-changing-food-industry/?utm_source=FoodNavigator&utm_medium=Email%20Top%20Text%20US&utm_campaign=COVID&utm_content=Apr%202020

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G&A Institute Team Note:
We continue to bring you news of private (corporate and business), public and social sector developments as organizations in the three societal sectors adjust to the emergency and organize their response.

New items are posted at the top of the blog post and the items posted today will move down the queue.

We created the tag “Corporate Purpose – Virus Crisis” for this continuing series – and the hashtag #WeRise2FightCOVID-19 for our Twitter posts. Do join the conversation and contribute your views and news.

Do send us news about your organization – info@ga-institute.com so we can share. Stay safe – be well — keep in touch!

Excellence in Corporate Citizenship on Display in the Coronavirus Crisis – #4

by Hank Boerner – Chair & Chief Strategist – G&A Institute and the G&A team — continuing a new conversation about the corporate and investor response the coronavirus crisis…continuing the second week of the conversation… Post #4 – Late Evening,  March 23 … second of the day

 

 

 

Introduction
These are the times when actions and reactions to crisis helps to define the character of the corporation and shape the public profiles of each of the corporate citizens. For companies, these are not easy times.

Many important decisions are to be made, many priorities set in an environment of unknown unknowns — there are many stakeholders with needs to be taken care of.

The good news: Corporations are not waiting to be part of the solution – decisions are being made quickly and action is being taken to protect the enterprise. This is no easy task while protecting the corporate brand, the reputation for being a good corporate citizen, watching out for the investor base and the employee base — and all stakeholders.

What are companies doing? How will the decisions made at the top in turn affect the company’s employees, customers, hometowns, suppliers, other stakeholders?    Stay tuned.

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Getting Pharmaceuticals to Those in Need

The giant global pharma company Novartis commits to donate up to 130 million doses by end of May of generic hydroxychloroquine (a compound) – this and chloroquine are being evaluated to treat COVID-19. In New York State, tomorrow trials will begin for the use of the two drugs.

Novartis Sandoz division is pursuing regulatory approvals and once that is in hand the managers will work with stakeholders to figure out how to get the drugs to patients. (Novartis has registration for hydroxychloroquine in the USA.)

This is part of the Novartis COVID-19 Response Fund (US$20 million) effort for drug discovery, development, collaboration and price stability. Novartis will work with other companies to support global supply.

The Novartis enterprise resulted from the merger of Sandoz and Ciba-Geigy.

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Bayer AG (Germany) is partnering with the federal government to get several millions of anti-malaria drugs – millions of tables of chloroquine (on label: Resochin® – made of chloroquine phosphate) to the U.S. – the other half of the experimental treatment. President Donald Trump called on regulatore to agree on an emergency-use authorization.

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Funding — Cash Really Helps to Bring Aid to the Nation

Morgan Stanley committing $10 million in cash to support children’s wellbeing and capacity-building for first responders. The first distribution is for Feeding America, the CDC Foundation and the World Health Organization’s COVID-19 Solidarity Health Fund.

The CDC Foundation will use the fund to support local and state health departments, the global response, logistics, communications, data management, PPEs, and supplies. These funds are in addition to $500,000 in employee matching to charities supporting the initial outbreak in Wuhan, China.

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Keeping the Power on and Communities’ Needs Met

Alliant Energy, the utility serving Iowa and Wisconsin in the Heartland, donated $100,000 to COVID-19 relief efforts through its foundation arm. CEO John Larsen said the firm worked with non-profit partners to identify local needs – and cash was at the top of the list.

Contributions are headed to non-profits in the two states – to six food banks to be divided between Iowa and Wisconsin (for food boxes, mobile drive-through pantry support, gaps in school lunch programs. And the American Red Cross chapters in each state will receive funds. When the employees and retirees donate to local relief efforts, the Alliant Energy Foundation will match gifts up to $3,500 this year.

The company activated its comprehensive pandemic emergency plan and instituted safety work practices to protect employees. And yes, “Powering What’s Next” is the title of the 2019 Corporate Responsibility Report – you can see it here: https://sustainability.alliantenergy.com/

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Driving Folks Around in a Lyft During the Crisis

The drive-sharing service Lyft’s co-founders (John and Logan) sent customers an email. “All of us feel the weight of our responsibility to the community right now.” To drivers (who need the cash) and to customers, to be their critical lifeline, especially those in need.

And so to support drivers and maximize community impact:

  • Supporting delivery of medical supplies and providing access to necessary transport, especially for low-income individuals.
  • Activating LyftUp to donate tens of thousands of dollars to families and children, low-income seniors, doctors and nurses.
  • Teaming with United Way, World Central Kitchen and Team Rubicon.
  • Riders and drivers encouraged to stay home if they are sick – and work with medical professionals to discuss transportation options.

Coming all together to help:

Governments, not-for-profits, healthcare entities are asked to get in touch with Lyft to discuss how the company can help – form to reply is here. 

Foundations and philanthropic organizations looking to help can connect via email: LyftUpCovid19Funding@lyft.com.

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The Buzz is All About E-Learning – What Do People Need?

In Houston, Texas, school children are at home (and so are their teachers), and “e-learning” or tele-learning is the alternative method of keeping the school year going. Harris County Sheriff’s Office and CITGO Petroleum Corporation are donating 150 tablets (Kindles) to the Houston and Alief Independent School Districts to support low-income students’ e-learning needs during the crisis.

CITGO has had a six-year partnership with the sheriff’s office in offering the “Kindling Young Minds Program” to provide Kindle Fire tables to Houston-area students with perfect or much-improved attendance records – that program is modified now to meet crisis conditions.

The tablets were in student’s hands by March 19th. (More than 600 tablets are now in use.) As they say, life hands you a lemon – go make buckets of lemonade!)

CITGO operates three refineries in Texas, Louisiana and Illinois; wholly or jointly owns 48 terminals, 9 pipelines and other businesses and is #5 refiner in the U.S. The familiar brand is in 30 states. Old timers remember the original brand – Cities Service.

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Along these lines, Discovery Education is helping homebound students (and parents & guardians) by launching “Daily DE” – digital curriculum resources, engaging content and professional learning for K-12 classroom. This is a suite of free activities and resources for students and their families.

There are partners in the offering: Afterschool Alliance, American Heart Association, the NFL, US Shoah Foundation, Tiger Woods Foundation, Siemens, 3M, TCS, and others. You can find out more at: https://www.discoveryeducation.com/

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Putting Food on the Table — Addressing the Anxieties of Families

Families and individuals are in need of food during the crisis and Albertsons Companies and Albertsons Foundation pledge funds and launch a major fundraising drive to “fight hunger” during the crisis.

This is a call to action; CEO Vivek Sankaran explains that Albertsons Companies are on the front line of hunger relief and calls on communities to assist. The “Nourishing Neighbors” program (especially focused on breakfast for kids) needs help to feed families now.

Contributions are solicited for food banks, emergency meal distribution at schools, senior center meals, and family access to federal food programs.

There’s information at: AlbertsonsCompaniesFoundation.org.

Hey shoppers – you, too, can chip in at branded retail outlets as they stock up for their own families – look for information at Albertsons, Safeway, Vons, Jewel-Osco, Shaw’s, Star Market, Tom Thumb, Randal’s, ACME, and other of the company’s retail food outlets.

Internally, Albertsons employees are helping each other with donations to the “We Care Fund”, part of the foundation activiti4es.

In 2019, Albertsons Companies and the foundation donated $225 million in food and financial support to communities, for education, hunger relief, cancer research and treatment, veterans outreach, and for people with disabilities. To that list the company and foundation added COVID-19 relief.

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Getting Money and Help to the People Who Need it

Fifth Third Bank Bancorp (Cincinnati) and the Fifth Third Foundation and the Fifth Third Chicagoland Foundation will direct $8.75 million in funds to support community members.

“Recovery and Resilience Funds” will direct funds through “Strengthening Our Communities” grants of the foundation to support small businesses, affordable housing and homeownership, and economic development. Relief funds are directed for COVID-19 response in areas served by Fifth Third Bank.

The institution is also offering a vehicle payment waiver program; consumer credit card payment waiver; mortgage and home equity program for late payments (with no late fees); small business payment waiver (up to six months for loans); suspension of vehicle repossession actions; suspension of foreclosures. Many of these are for at least 60 and 90 days duration.

Banking units serve Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, W Virginia, Georgia, and North Carolina. The federal bank had $169 billion in assets and 1149 full service banking centers. Money management: Fifth Third is among the largest institutions in the Midwest with $413 billion in assets under care.

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And More Funds for Small Businesses

Facebook launched a $100 million grant program for small businesses that are being impacted by the pandemic – most of the disbursements will be in cash payments, with some credits for business services.

“We’ve listened to small businesses to understand how best we can help them,” explains Facebook COO Sheryl Sandberg. Being helped: 30,000 small business enterprises in 30+ nations where Facebook employees live and work.

Facebook’s estimate is that as many as 140 million businesses use the apps each month to help in management and market of the firm as some 200 million people visit an Instagram Business Profile every day.

According to Forbes writer Maneet Ahuja, such firms as Unashamed Imaging (principal, Anesha Collins), a Florida-based wedding photographers is using Facebook Live and IGTV to keep in touch clients; Heavenly Soap (principal Patti Gibbons) pushes ahead using Facebook. These are the types of firms considered for the program.

Last week Facebook launched Business Hub, with resources for small businesses. Info: https://www.facebook.com/business/boost/resource?ref=alias

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Close to home for some of us on the G&A Institute team who live in suburban Nassau or Suffolk counties, PSEG Long Island and the PSEG Foundation are lending support to the leading food bank in the area – Island Harvest.

The company and its foundation are supporting the Island Harvest Food Bank with a grant of $45,000 to address rising food insecurity – including helping local children without access to school food programs because their schools are closed.

Island Harvest relies on donations of surplus food by commercial establishments, wholesalers, supermarkets, individuals. Each day, surplus bread and other commodities have been donated by local Panera Bread markets, for example.

The electric utility’s regional territory includes the populous Nassau and Suffolk counties (almost 3.5 million population. CEO Daniel Eichorn points out that many of the company’s employees volunteer to help Island Harvest each year and the funds will help as part of the ongoing partnership with the food pantry.

PSEG Long Island is a subsidiary of the New Jersey-based Public Service Enterprise Group Inc, a diversified energy company.

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G&A Institute team note: We continue to bring you news of private (corporate and business), public and social sector developments as organizations in the three societal sectors adjust to the emergency.

The new items will be posted at the top of the blog post and the items today will move down the queue.

We created the tag “Corporate Purpose – Virus Crisis” for this continuing series – and the hashtag #WeRise2FightCOVID-19 for our Twitter posts.  Join the conversation and contribute your views and news — email info@ga-institute.com