Last fall, New York Federal Reserve President William Dudley used the word “culture” forty-four times in a speech warning bank executives that regulators would break up the big banks if they didn’t change their practices. Today, culture has become the new buzzword of the moment in the financial sector. Banks are now focusing on employee attitudes and values to head off the bad behaviors that led to the 2008 financial crisis. But how are banks to measure such a qualitative factor as culture when they have historically scored their worth by quantitative number and data crunching?
Obviously, sustainability reporting regards CSR. I am a researcher in the field of corporate sustainability, and non-financial reporting is my main research interest. I have investigated the relationship between non-financial disclosure and environmental performance, reporting and market value, national culture and sustainability reporting, as well as sustainability reporting in SMEs. My studies and experience brought me to the position shortened in the title.
In an effort to push the boundaries of what defines exploration, the National Geographic Channel this week announced Expedition Granted, a nationwide competition in the U.S. to find and fund the next generation of explorers. The contest will accept project proposals from a range of disciplines, and the winner will receive a $50,000 grant toward his/her dream expedition.
An Enactus team from India saw a way to revitalize a folk craft by modernizing the messages and finding new audiences for traditional puppetry. They increased revenue for the puppeteers and helped preserve their culture. What became of the folk craft? Find out at here.
Today’s guest blog comes from Ling Shi “Tom” Xiao, a senior research scientist for Lilly’s Product and Process Performance team, and a member of Lilly’s Chinese Culture Network.
After years of busy planning and preparation, last week the Children’s Museum of Indianapolis held a grand opening ceremony for their display of the famous Terra Cotta Warriors from China. This is the only display of these iconic figures in the United States this year.
The inclusiveness of Darden’s culture is engrained throughout the organization, so much so that we continuously try to see how our Employee Resource Groups (ERGs) can do more for our employees and the diverse networks we all represent. Like the five other ERGs at Darden, members of Darden’s Pride Alliance ERG are not only active within the organization but also in the community to champion an environment that recognizes and leverages the contributions of the LGBT community.
We’re proud of our diverse and inclusive culture at Darden and welcome opportunities to share the uniqueness of our employees. As we celebrate Black History Month, we’re featuring stories from some of our African-American employees and taking a look at how each individual person makes the Darden culture what it is. Today we hear from Teresa Sebastian, Darden’s Chief Legal Officer.