Diversity
AT&T applauded for commitment to Hispanic inclusion
The United States Hispanic Chamber of Commerce (USHCC) recognises AT&T, a leader in telecommunication services, which earned the highest rating from the Hispanic Association on Corporate Responsibility (HACR) 2011 Corporate Inclusion Index. The index rates Hispanic diversity and inclusion practices in the areas of workforce, procurement, philanthropy and governance. AT&T was one of only two companies to receive a 95 rating, the highest in HACR’s index this year.
PR Newswire
http://www.prnewswire.com/news-releases/ushcc-applauds-atts-commitment-to-hispanic-inclusion-138788489.html
Finance
Network Rail chiefs donate bonuses to improve safety
Chief executive and directors for Network Rail, the authority responsible for the UK’s rail network are to turn down their bonuses this year and invest the money in improving safety at level crossings. The announcement comes after a call by the Government to forgo the payments, and is the latest twist in the row over taxpayer-funded bonuses. Network Rail, which receives £4 billion of public subsidy every year, said that it had adjourned a meeting this week to vote on a new bonus regime for Sir David Higgins, the chief executive, and other executives.
The Times p11 * http://www.thetimes.co.uk/tto/news/uk/article3310925.ece
Reporting
Colgate-Palmolive releases sustainability report and strategy through 2015
Colgate-Palmolive has released its online sustainability report, Giving the World Reasons to Smile. The new report details Colgate’s long-standing commitment, achievements, accomplishments and challenges to sustainability and social responsibility. Colgate’s strategy is supported by goals including reducing health risks by 15%; expanding the company’s global flagship oral health education programme, ‘Colgate’s Bright Smiles, Bright Futures’, projected to reach one billion children by 2020.
International Development
UN spent £50million in food aid on wheat from Glencore International
£50 million of World Food Programme aid to feed the starving has ended up in the hands of a London-listed commodities trader, Glencore International, despite the intention by the United Nations agency to buy food from small holders in developing markets. Glencore International has been the biggest supplier of wheat to the WFP over the last eight months.
The Guardian p1 http://www.guardian.co.uk/business/2012/feb/06/un-food-aid-glencore-xstrata?intcmp=122
Social Investment
The Walmart Foundation donates $9.5 million to help families live healthier lives
The Walmart Foundation announced $9.5 million in grants to organisations with a shared mission of promoting healthy eating habits. The funding will support nutrition education programmes, provide classes focused on learning to cook and shop for healthier foods on a budget and provide live cooking demonstrations in communities nationwide.
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