Conscious Content Friday: PPP, EDC Covid survey, Merck CEO, Waste free meals

Your local San Diego and global Conscious Capitalism content to fuel your head and heart. We are back to sharing this newsletter once-a-month to continue to support yet not overwhelm your inboxes.

July 17,2020

In the news

The Paycheck Protection Program has resumed accepting applications. Deadline to apply is August 8, 2020. More info on sba.gov. Here is info from Forbes on the new guidelines and what’s been going on with the PPP so far.

There are 3 main takeaways from San Diego EDC’s Covid-19 survey: 1) revenue declines and staff reduction confirmed, 2) minority owned businesses hit hardest, and 3) remote working likely to stay.

Here are some other resources for the San Diego community. Black Business Relief Fund supported by CSDBCC. Women’s Empowerment Loan Fund supported by International Rescue Committee. SD Workforce Partnership support for companies needing to layoff workers.

Impact

Throughout the month of July our friends at reVessel are working with six responsible restaurants to deliver 300 Waste-Free Meals to those in need and model a new template for plastic wast eduction in the food system.

With as little as a $25 donation, they will deliver a meal to frontline professionals in need while supporting recovery of San Diego economy and environment. Recipients will keep an endlessly reusable and safe reVessel contain (over $48 combined value) for future meals. Learn more here.

Last month, 50 global leaders signed a letter pledging to “build back better” with the circular economy as the foundation of post-pandemic sustainable development. Eliminating plastics where possible is top of this list, especially as Covid-19 has led to a surge in plastic use and pollution. Furthermore, the sites at which landfill, incineration, and recycling processes occur are frequently located in or near communities of color which can lead to even more health disparities.

Informative Read/Watch

HBR Interview with Merk CEO, Ken Frazier. Ken is just one of four black CEOs leading Fortune 500 companies. They discuss the cure for Covid, Racism, and why leaders need to walk the talk.

Fishing With Dynamite – a documentary film that explores the contentious history of American corporate culture. It looks at arguments of two influential theories — stakeholder vs. shareholder capitalism — and asserts through the extraordinary success stories of purpose-driven companies.