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The Fedcap Group to Provide ESG Training for its 3,500 Employees and Boards of Directors

The Fedcap Group to Provide ESG Training for its 3,500 Employees and Boards of Directors

Training Program will be Created by Paul Smith’s College—a National Leader in Environmental Sustainability, Social Justice, and Innovation

The Fedcap Group, a nonprofit that develops innovative, sustainable solutions to advance the economic well-being of people with barriers, has launched an enhanced corporate sustainability training program on the principles of ESG for its 23 subsidiary companies which includes 104 members of respective boards of directors and 3,500 employees.

The Fedcap Group is committed to corporate sustainability in order to create long-term stakeholder value through the implementation of a business strategy that focuses on the ethical, social, environmental, cultural, and economic dimensions of doing business and has adopted the United Nations’ Environmental, Social, Governance (ESG) Framework. The strategies created are intended to foster longevity, transparency, and proper employee development within business organizations.

Christine McMahon, President and CEO said, “As a purpose-driven organization, our nearly 90-year history has been dedicated to enhancing the economic well-being of the people and communities we serve. Our mission informs every decision and action we take, including our firm belief that we are citizens of the communities in which we do business. We are committed to the ESG principles and spend significant time analyzing how environmental, social, and governance issues impact our business’s strategies and practices. Today’s partnership with Paul Smith’s College shows that we are not just talking the talk, but walking the walk. By providing training for the entire Fedcap Group organization, we will be able to better align our investments and programming with critical environmental, social, and governance metrics.”

See related article: ‘Sustainable CDMO’ Samsung Biologics releases 2022 ESG Report

The free online training will be created and provided by Paul Smith’s College. Paul Smith’s College has a 75-year history of preparing graduates for sustainable careers in business, hospitality, forestry and environmental science. The College has a leading Center on Sustainability with a mission to build a more “resilient campus and community by protecting natural ecosystems, creating economic prosperity and promoting social equity.” The College recently launched a degree in Disaster Response and Recovery, and Master’s degrees in Natural Resources Conservation and Sustainable Tourism Management modelled on ESG principles. The new training program will guide Fedcap employees through principles and application of how to operate in accord with environmental, social, and ethical principles.

President of Paul Smith’s Nicholas Hunt-Bull said, “As an educational institution committed to improving the environment, this partnership is a valuable opportunity to share our expertise with large number of practitioners at Fedcap who share those values.”

For more information on The Fedcap Group’s corporate sustainability commitment see the company’s Corporate Sustainability web page (https://fedcapgroup.org/corporate-sustainability/).

Source: The Fedcap Group


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