New York, July 13, 2022 –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.”
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.
About The Fedcap Group
Since 1935, The Fedcap Group has developed scalable, innovative and potentially disruptive solutions to some of society’s most pressing needs. The Fedcap Group generates more than $400M of revenue annually to serve over 250,000+ people each year across an international footprint. The work of The Fedcap Group is structured within four major areas of practice—workforce development, educational services, health services, and economic development— and delivered through a growing number of top-tier companies—each focused on helping people achieve long term economic well-being.
The work is delivered through the companies of The Fedcap Group, led by Executive Directors with significant local knowledge and extensive operational experience. The companies are supported by a robust central team, providing financial, human resource, technological and engagement support. This matrix structure allows The Fedcap Group to integrate its work across diverse systems and funding streams for greater impact.
About Paul Smith’s College
As the only four-year institution of higher education located in the Adirondack Park in upstate New York, Paul Smith’s provides real-world, hands-on learning in fields such as business and hospitality, culinary management, forestry, environmental sciences, and natural resources. We can draw on industries and resources available in our backyard while preparing students for successful careers anywhere. Our community of resourceful, enterprising, supportive, and adventurous individuals collectively provide experiential education, student support in the classroom and beyond, and meaningful opportunities for our alumni. We pride ourselves on research and advocacy on issues that improve our planet and the lives of the people who inhabit it. Paul Smith’s College recently received five distinctions from U.S. News and World Report’s Best Colleges, including 2nd for the most innovative schools as well as best undergraduate teaching, best colleges for veterans, best regional colleges, and top performers on social mobility, which reflects enrollment and graduated rates for economically disadvantaged students.
The Fedcap Group