March 23, 2020
Task Force Companies Respond to Coronavirus
It's time for the business community to step up and take actions that will save lives and preserve our national wealth.
That's the argument that American Express CEO Kenneth I. Chenault and his co-author Rachel Romer Carlson make in a New York Times Op-ed. In recent years, many business leaders have been talking about "purpose" and the need for corporations to make a positive impact not only for their shareholders, but also their communities and stakeholders. Now is the time to make good on these commitments.
Many of our Task Force companies are already stepping up to the challenge. Here are just a few examples that inspire us:
- Charter Communications offers 60 days of free Spectrum Wi-Fi access to families with K-12 andcollege students
- Crowell & Moring creates COVID-19 resource center
- Ernst & Young LLP releases free guidance on how to engage with employees during this critical time
- Intel is fully paying hourly workers for at least 2 months
- Johnson & Johnson announces collaboration with U.S. Department of Health & Human Services toaccelerate development of a potential novel coronavirus vaccine
- Orrick creates COVID-19 resource center that answers FAQs for businesses and employees
- Shearman & Sterling establish a resource center
- Wells Fargo Foundation to donate up to $6.25 million to public health & $5 million to support localcommunities
- We'll be collecting and sharing more examples of how our Task Force companies are responding to the crisis. If you'd like your company to be featured in the next issue, please contact Silvia Marte: [email protected].
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