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TriplePundit
Daily headlines remind us that a “labor shortage” continues to bedevil many businesses across the U.S. Social media shares of such news stories often include snark about “lazy people looking for handouts” or “free government money.” But the truth about this volatile job market is far more complex.
 
Employees across the U.S. are fed up with living a life with an irregular work schedule and terrible pay. As the pandemic took its toll on essential workers well over a year ago, many also received the message that the types of work available to them would be vastly different come 2021 and 2022. Add the harassment that far too many endured during the worst stages of the COVID-19 crisis, and it is no wonder that more people searched for a new line of work or completed online classes with the goal of finding different employment.
 
While many retail and restaurant managers now voice frustrations that they cannot find anyone to hire, one East Coast pizza chain is actually doing quite well. READ MORE
Sincerely,
Leon Kaye
Managing Editor, TriplePundit
News Editor, 3BL Forum
Follow me on Twitter @TriplePundit

FROM OUR NEWSROOM

Momentum Grows for a Federal Clean Electricity Standard
By Tina Casey
 
Supporters of a federal clean electricity standard say only an enforceable compliance structure, with penalties, can ensure that any energy transition continues.
The Business Case for World Mask Week
By Leon Kaye
 
With the COVID-19 Delta variant looming as a global public health threat, raising awareness of World Mask Week offers companies one way to do good for society.
Why Slowing Deep Sea Mining Benefits All Involved
By Roya Sabri
 
The shift toward a low-carbon economy also comes with growing concern over deep sea mining and its potential long-term impact on the world's oceans, a sentiment shared by companies like Google and Samsung.

HOW IS YOUR BRAND TACKLING CLIMATE CHANGE?

As the world begins to emerge from the global pandemic, more evidence suggests that a majority of global consumers are determined to take more action to fight climate change. How can brands help?
 
The chief sustainability officer of Mastercard, Kristina Kloberdanz, will share her perspective on Monday, July 26, at 1 p.m. ET/10 a.m. PT.
 

WHAT WE'RE READING

Business dips its toe into the Senate filibuster debate. Following an impassioned speech from U.S. President Joe Biden on voting rights as a cornerstone of democracy, the American Sustainable Business Council (ASBC) became the first major business organization to call for the Senate to amend its filibuster rules to allow passage of federal voting rights legislation. The ASBC represents 250,000 businesses including sustainability heavyweights like Ben & Jerry's, Eileen Fisher, Patagonia and TriplePundit's parent company, 3BL Media. “We call on the U.S. Senate to take the needed actions to enable it to be faithful to our Constitution,” said Jeffrey Hollender, co-founder and CEO of ASBC. “A sustainable and just economy needs a strong democracy in which all Americans are able to participate with their votes and voices.”
 
Women and people of color rank which CEOs are walking the talk on equity in the workplace. In a new survey, women employees and employees of color at more than 60,000 organizations were asked to choose the CEOs they felt put real effort behind their promises to work toward more equitable organizations. Shantanu Narayen of Adobe, Vladimir Shmunis of RingCentral, Brian Halligan of HubSpot and Dan Rosensweig of Chegg appeared in the top 10 among both groups, with the CEOs of IBM, Boston Consulting Group and Zoom also earning top marks. 
 
Ad industry leaders look to turn anger into action against harassment. In her recent essay, "Mad Men. Furious Women," Zoe Scaman, founder of U.K.-based strategy firm Bodacious, unpacks the misogyny and harassment that still prevails in the advertising industry. The piece sent ripples across the space and prompted a group of women in marketing to issue a public statement aimed at putting harassers in the industry on notice. To continue the conversation, Adweek’s Stephen Lepitak spoke to nine U.K. industry leaders who shared their thoughts on how people can use their anger to forge a better path for advertising. “It’s undeniable that there is still much work to do, but if we can all own and channel the renewed outrage and energy into meaningful action and change, the future will be more optimistic," one executive said. 
 
'World's largest' sustainability-linked bond issue from Enel was three times oversubscribed. Italian energy giant Enel received $12 billion in orders for its sustainability-linked bond, three times more than its $4 billion price point. The bond is linked to the delivery of Enel’s climate targets, including a pledge to reduce Scope 1 (direct) greenhouse gas emissions by 80 percent by 2030, against a 2017 baseline. The bond’s interest rate could increase by up to 25 percent if Enel fails to deliver its promised reductions.
 
Our attitude when we go out to eat, including how we treat wait staff, needs a reset. Anywhere between 70 and 90 percent of restaurant servers and bartenders have been subjected to sexual harassment, from unwanted comments and looks, to requests for dates, to physical touching by customers. Fast Company further explains that such behavior has heightened during the pandemic, with wait staff reporting what’s come to be known as “maskual harassment” — servers being asked to remove their masks and show their faces for the gratification of customers. Alicia Grandey, a professor of psychology at Penn State, offers employers two options: They could pay a fair wage — not to eliminate tipping, but to decrease over-reliance on the customer for a big portion of servers’ incomes. Or, they could rethink their expectations for cheery service.
Read more on the Brands Taking Stands movement at TriplePundit.com
 
Follow Brands Taking Stands on Twitter @BrandsTkgStands.
 
Interested in working with us? Contact our team.
 
Leon Kaye is part of the 3BL Media network.
136 West St Ste 104
Northampton, MA 01060
 
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