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Covid-19 serves as an enormous test for companies' leadership teams and oversight bodies. This page offers a birdseye view to highlight leaders, their companies, and the ways in which they're balancing the pandemic and changing the game around Environmental, Social, and Governance (ESG) issues.
LCDA is listing the many industry game changers who are at the forefront of good governance, and leadership teams best positioned to weather this crisis by developing strategies to safeguard their values and sectors. With a long recovery ahead, maintaining a strong ESG focus is good for business, good for society, and most certainly one with enduring benefits. We will be updating this page as the situation develops.
Bank of America
"We are focusing our resources on the number one priority - looking after people" - Brian Moynihan, CEO of Bank of America.
Hewlett Packard Enterprise
HPE's Antonio Neri CEO shares a quick update on how HPE is handling this rapidly changing situation i.e. COVID-19. Hewlett Packard Enterprise is responding with initiatives to stabilize communities, support for team members, customers tackling the challenges of this pandemic, and technology to help organizations adapt to this unprecedented situation.
Kaiser Permanente is giving $1 million to public health organizations to strengthen the nations public health infrastructure.
Toyota/Lexus Minority Owners Dealership Association to Sponsor National COVID-19 Day of Service on May 22.
Exelon Foundation, ComEd and Exelon Generation partner with United Way of Illinois, Alliance of Illinois Community Foundations and the Office of the Governor to provide emergency aid and relief
PepsiCo is investing more than $60 million globally to bring food and other vital resources to the most affected communities.
Comcast set up a $500-million relief fund for workers dealing with hardship due to the coronavirus. (Cindy Ord / Getty Images)
Coronavirus help: Comcast pledges $500 million to workers; executives forgo salaries.
Johnson and Johnson
General Electric Chairman and CEO H. Lawrence Culp, Jr. will give up his full salary for the remainder of 2020. The vice chairman of GE and president and CEO of GE Aviation, David Joyce, will give up half of his salary starting April 1.
Bog Iger, the executive chairman of Disney, has forgone his salary for the remainder of the year amid the coronavirus pandemic.
An airport worker guides a Delta Air Lines Airbus A319 plane on the tarmac at LAX in Los Angeles. Reuters
All Delta officers will take a 50 percent pay cut through June 30, with directors and managing directors taking a 25 percent cut during that same period.