| Banks’ adoption of nature-related regulations rises across key regions |
| By Maud Abdelli |
| Governments, central banks and financial institutions around the world are becoming increasingly attuned to addressing the threats that climate change and nature loss pose to people, economies and ecosystems. From extreme weather events to dwindling supplies of natural resources, the crises demand strong policy signals and coordinated responses. Read the full commentary → |
Five implications of...
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In the fast-paced world of freight transportation, success is often determined by a carrier’s ability to deliver goods damage-free and on-time, but really, it’s driven by the people behind the scenes who make it all happen.
That’s why new Chief Human Resources Officer of XPO, Carolyn Roach, is highly focused on building a workplace culture where each team member can thrive and feel motivated to perform at their best.
“F...
https://www.freightwaves.com/news/how-xpo-plans-to-become-a-talent-magnet-in-transportation
The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: J.B. Hunt launches a scholarship program for employee dependents and grandchildren, Maersk’s rainbow container is enjoyed by employees in Cape Town, South Africa, and Schneider receives its 14th Ride of Pride truck.
J.B. Hunt awards $250,000 in scholarships to employees’ relativesJ.B. Hunt Transport Services Inc. announced Tuesday it has started a company scholarship program, the J.B....
LAKE BUENA VISTA, Fla.–Among the business goals that might fall under the environmental, social and governance umbrella, diversity, equity and inclusion now isn’t seen as just a goal but a tool to recruit workers in a tight labor market.
That was the message delivered by Abe Eshkenazi, the CEO at the Association for Supply Chain Management. He joined in a presentation on diversity, equity and inclusion and its role in the supply chain workspace at a session held as part of the Gartner Supply...
Integrated logistics provider ArcBest disclosed its scope 1 (direct) and scope 2 (indirect) greenhouse gas emissions for the first time in its third environmental, social and corporate governance report released Wednesday.
Several supply chain companies have set ambitious short- and long-term emission-reduction targets while others have yet to start measuring their emissions. Measuring emissions is the first step.
Fort Smith, Arkansas-based ArcBest (NASDAQ: ARCB) reported scope 1 emissions...
https://www.freightwaves.com/news/arcbest-acknowledges-great-responsibility-in-esg-efforts
XPO Logistics has created an environmental, social and governance committee but has not yet set an emission-reduction target, according to a report released Wednesday.
Taking actions to improve ESG metrics is becoming increasingly important to freight and supply chain companies. XPO’s diversity, equity and inclusion and environmental efforts were shared in its fourth sustainability report.
“Our updated sustainability report shows how our performance in 2021 aligns with our core values — safe,...
https://www.freightwaves.com/news/xpo-logistics-holds-off-on-emission-reduction-target
An employee filed a lawsuit against his employer under Title VII of the Civil Rights Act of 1964 alleging that he and seven other white male executives were fired as part of the employer’s “diversity” push. A jury of his peers found that he was terminated based on his race and sex. The jury awarded him $10 million in punitive damages, with a hearing set for a later date to determine back pay, front pay/reinstatement, attorneys’ fees, and other damages.
Background
The employee had been employed...
According to the Organization of Economic Cooperation and Development, if the workforce gap between men and women is closed by 2030, the GDP would increase by 12%. This statistic was shared by the president and CEO of Women in Trucking, Ellen Voie, on a recent episode of FreightWaves NOW Net-Zero Carbon. Voie was promoting WIT’s Accelerate conference this week in Dallas from Nov. 7 – 9.
“The conference is about empowering women and helping women move to the next level in their careers, whether...
In 2020, global supply chain solutions provider XPO Logistics (NYSE:XPO) created a new position, chief diversity officer, to push its diversity, equity and inclusion (DE&I) initiatives to the forefront of its business objectives.
With 23 years of experience working within global public companies and two years under her belt as XPO’s senior director of human resources, LaQuenta Jacobs was awarded the new title.
“LaQuenta is a unique talent. She cares deeply about the human aspects of diversity and...
https://www.freightwaves.com/news/qa-xpos-chief-diversity-officer-offers-inclusion-strategy-tips
The Log Book is a weekly rundown of human-interest stories related to the transportation industry. This week: Convoy gives $50/load incentive in October to carrier partners that represent diversity in the workplace, Operation Lifesaver announces this year’s Champion award and ATA is honored for its disaster relief efforts.
Convoy celebrates supplier diversity
On Thursday, digital freight marketplace Convoy announced it will pay certified carriers an extra incentive on every load they haul in...
https://www.freightwaves.com/news/the-log-book-convoy-kicks-off-supplier-diversity-month-initiatives