Daily CSR https://www.dailycsr.com/ 2026-07-21T13:10:43+02:00 Webzine Maker https://www.dailycsr.com/favicon.ico Gender Pay Gap: Impact on Business & Society 2024-03-26T05:28:00+01:00 https://www.dailycsr.com/Gender-Pay-Gap-Impact-on-Business-Society_a3627.html https://www.dailycsr.com/photo/art/imagette/79134195-57355440.jpg 2024-03-26T05:24:00+01:00 Debashish Mukherjee Gender Pay Gap: Impact on Business & Society

The upcoming Global Inclusive Growth Summit is scheduled for April 18, 2024, marking a return to both in-person and virtual gatherings. Reflecting on the success of the 2023 event, jointly hosted by Mastercard and the Aspen Institute, we highlight its pivotal moments. The summit convened influential figures from the private sector, social impact sector, and government, fostering discussions on methods to enhance economic equity. 

Set to be hosted by the Mastercard Center for Inclusive Growth, the 2024 summit aims to propel tangible solutions to contemporary challenges through collaborative exchanges among entrepreneurs, innovators, policymakers, and emerging leaders. Since its inception in 2019, the summit has brought together a diverse array of leaders spanning various sectors. Together, they tackle crucial topics such as financial inclusion, leveraging data science for social good, exploring cutting-edge technologies like artificial intelligence, addressing climate concerns, promoting women's economic empowerment, and advocating for community-centric development. 

As we enter its second decade, we eagerly anticipate continuing the impactful conversations and initiatives aimed at fostering inclusive growth worldwide. 

Click here , to know more about the 2024 Global Inclusive Growth Summit. 

It's widely acknowledged that women typically earn less than men, a fact underscored by statistics showing that in the U.S. in 2022, women earned only 82% of what their male counterparts earned. This disparity is even more pronounced when comparing Latina women to non-Hispanic men, with Latina women earning just 54% of what non-Hispanic men earn. Beyond the ethical concerns of such inequality, this wage gap also poses significant drawbacks for businesses. Undervaluing women leads to a loss of talent, higher turnover rates, and increased levels of poverty. 

Conversely, an economy that recognizes and values the contributions of both women and men stands to benefit from a broader spectrum of ideas, expertise, and experience. In envisioning a society where everyone can contribute and thrive, comedian, writer, producer, and political commentator Trevor Noah joins forces with Melinda French Gates, a philanthropist and co-founder of the Gates Foundation, alongside María Teresa Kumar, an Emmy-nominated MSNBC contributor. Together, they advocate for a future where gender equality is not just an aspiration, but a reality that benefits society as a whole. 

Click here to learn more.


]]> Trailblazer Award Recognizes Lynette Bell's CSR Leadership at Truist Foundation 2023-09-15T14:17:00+02:00 https://www.dailycsr.com/Trailblazer-Award-Recognizes-Lynette-Bell-s-CSR-Leadership-at-Truist-Foundation_a3090.html https://www.dailycsr.com/photo/art/imagette/75235669-52640881.jpg 2023-09-15T12:20:00+02:00 Debashish Mukherjee Trailblazer Award Recognizes Lynette Bell's CSR Leadership at Truist Foundation
The Association of Corporate Citizenship Professionals (ACCP), a prominent advocate for corporate social impact experts in the United States, has revealed that Lynette Bell, the President of Truist Foundation, has received the Trailblazer Award in recognition of her outstanding leadership in the field of corporate social impact.

This prestigious accolade was conferred at ACCP's annual Purpose Awards event in 2023, held in collaboration with Rocket Social Impact. The Trailblazer Award is dedicated to honoring professionals in the realm of corporate social responsibility (CSR) and ESG (Environmental, Social, and Governance) who have made significant contributions to both their organizations and the broader community.
 
“As the leading advocate for our profession, ACCP is thrilled to shine a spotlight on exemplary leaders like Lynette who are making a difference in the field of corporate social responsibility,” said ACCP President and CEO Carolyn Berkowitz.

“Her dedication and innovative approaches to the work inspire us all as she represents what’s truly possible when business and social goals align creatively."
 
Lynette Bell holds the position of President at Truist Foundation, which is the philanthropic arm of Truist, a financial services company dedicated to promoting positive change and enhancing the well-being of individuals and communities.

Since the establishment of the Foundation in 2020, Bell's leadership has played a pivotal role in steering the Board's approval of over $170 million in grants aimed at benefiting local communities. Earlier this year, Bell led her team in the launch of a noteworthy initiative known as "Where It Starts." This initiative is strategically designed to drive substantial improvements for entrepreneurs and job seekers in underserved communities by developing innovative programs that facilitate opportunities for growth and achievement.
 
“ACCP’s recent CSR Insights Report shows the demands and responsibilities of CSR professionals continue to increase,” said Rich Maiore, CEO & Founder of Rocket Social Impact. “It’s critical we recognize the multiple positive contributions CSR and ESG professionals are making within their company and communities.”
 
The Trailblazer Award is a prestigious accolade that celebrates a seasoned CSR professional whose leadership, strategic initiatives, and collaborations have led to substantial positive effects on both business and society. In her role as President of Truist Foundation, Lynette Bell has skillfully forged meaningful and pioneering partnerships rooted in the principles of purpose-driven philanthropy, with the aim of advancing underserved communities.
 
The recipients of this year's Purpose Awards were selected by distinct panels of judges, which included past Purpose Award honorees and prominent figures from the CSR and ESG sectors. These distinguished committees made the final decisions in recognizing outstanding achievements in the field.

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