The difference a quality job makes Episode 10
Episode Summary
SDG #10: Reduced Inequalities. Much has been written about the gap between the wealthiest people and the rest of the population and ways to reduce the wealth gap in a sustainable way. Liz and Steve explore one method in this episode that explores inequality and ways to improve the profitability of companies, providing what are known as quality jobs. Sarah Bratton Hughes at Schroders lays out the concept and Ana Herzog joins the podcast from Brazilian retail giant Magazine Luiza (also called Magalu), which implemented a bold strategy to increase the number of Black Brazilians in its upper management.
Episode Notes
In this episode, you’ll hear:
- The four pillars of a quality job.
- How job quality affects worker equality.
- How bad jobs can dramatically negatively affect a business that provides them.
- Magazine Luiza’s Black-only training program.
Related Video
United Nations SDG #10 Information
GINI Index as calculated by the World Bank
Guest Bios:
Sarah Bratton Hughes is Schroders’ head of sustainability North America (NA). She has been at Schroders for over nine years and is responsible for leading strategy and ESG integration for Schroders’ NA investments. Prior to her current role, Sarah has held several roles at the firm including investment director for U.S. Equities & Sustainability/ESG Americas, product and associate product manager, and product executive of U.S. equities.
Prior to joining Schroders, Sarah was a senior analyst for investment performance at JP Morgan Asset Management. Sarah received her B.A. in Economics as well as her B.S. in Business Management from St. Francis College. Sarah was also a four-year member of the school’s NCAA Division 1 basketball team and served as team captain her senior year.
Ana Luisa Herzog is the corporate reputation and sustainability manager at Magazine Luiza (Magalu)
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