It's a Wonderful Life-For Cats.
Author | Tahmincioglu, Eve |
Position | EDITOR'S NOTE |
In the midst of a housing crisis in Silicon Valley, two cats named Tina and Louise are living large in an apartment costing $1,500 a month. It's just the two felines living alone because their owner went to college and the student's father opted to give the furry friends their own space.
The Mercury News reported the tale of two kitties the same week Microsoft announced it was earmarking $500 million to create more affordable housing in the Seattle area, a move that many hope will get tech titans in Silicon Valley also doing something to curb the housing and homelessness problems in their backyards.
Last month, California Gov. Gavin Newsom made a public plea to "corporate California."
"I want to see the Valley step up and match our contributions," Newsom said during a press conference. "The workforce housing issues have been exacerbated by the success of a lot of these companies. I do not begrudge other people's success, but that success has created burdens and stress. And we are doing our part, and I will be asking them to do their part to amplify our efforts, to match those efforts and to increase our capacity to deliver."
The governor is asking corporate leaders to "do their part," but should executives and directors guide their companies to have a role in curbing income inequality, or any other pressing social issue?
This is the question we tackle in this issue of Directors & Boards, as we take apart the environmental, social and governance movement with perspectives from folks in top boardrooms and beyond.
Former PepsiCo chairman Indra Nooyi offers insights on her approach to social issues and balancing that with the bottom line; Costco chairman Hamilton E. "Tony" James discusses the company's ESG focus; Best...
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