October 11, 2023, at 3:00 PM Eastern Time (U.S. and Canada)
Join us on Wednesday, October 11, 2023, at 3:00 p.m. ET to better understand the impact of extreme and unusual weather on workers living on low and moderate incomes – and, in particular, the impact on their financial situations.
In this conversation, our friends at Commonwealth will bring together experts for a first look at this original, new research about the realities of how climate change is currently and will continue to affect workers’ financial security, well-being, and living situations and host a robust discussion on what actions employers, policymakers, and financial institutions can take to mitigate this impact.
A conversation with:
- Liliana Diaz, Senior Director, Climate & Biodiversity, APCO Worldwide
- Timothy Flacke, Co-Founder and Executive Director of Commonwealth
- Julie Gehrki, Vice President, Philanthropy, Walmart and Walmart Foundation
- Emily Williams, Assistant Professor of Business Administration, Harvard Business School
In 2022, the U.S. experienced 18 separate climate disasters, each costing more than $1 billion in damages. This tally greatly underestimates the true cost of climate change – and its impact on workers. In a new study, the national nonprofit Commonwealth is examining the impact of climate change on workers, their financial security, and, ultimately, the places they work.
Companies have become increasingly cognizant of their impact on climate change in the environment in recent years, but a new area of study is the impact of climate change on workers – and its implications for worker productivity, employers’ bottom lines, and employees’ financial security.
Commonwealth is a national nonprofit that builds financial security and opportunity for financially vulnerable people through innovation and partnerships. Black, Latinx, and female-led households disproportionately experience financial insecurity due in large part to longstanding, systemic racism and gender discrimination. Addressing these issues is critical to Commonwealth’s work of making wealth possible for all.
For nearly two decades, Commonwealth has designed effective innovations, products, and policies enabling over one million people to accumulate more than $7 billion in savings. Commonwealth understands that broad changes require market players to act. That’s why we collaborate with consumers, the financial services industry, employers, policymakers, and mission-driven organizations. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them. To learn more, visit www.buildcommonwealth.org.