Welcome to Climate Money Work, a weekly newsletter that connects revenue generation with sustainable business solutions. Discover how companies worldwide are showcasing innovative practices, creating value from sustainability, increasing revenue, and improving customer experiences. Send questions, feedback, and pitches to [email protected], or just hit reply. Happy reading!

Water Main Breaks in Atlanta: Hospital Evacuations and Boil Water Advisory Amid Crisis

Major water main breaks in Atlanta, Georgia, caused by corroded pipes, led to significant water outages and disruptions, prompting Mayor Andre Dickens to declare a state of emergency. These breaks forced Emory University Hospital Midtown to evacuate some patients and reschedule many appointments due to the lack of water. A boil water advisory was issued for the area as a precaution, and several businesses and events, including concerts and aquarium visits, were canceled. The incident highlighted the connection between community health and infrastructure issues, with residents expressing frustration over the city's slow communication regarding the crisis.

Source:

• https://www.theguardian.com/us-news/article/2024/jun/02/atlanta-water-main-breaks

Behind the Numbers

Cooling Labor Market Meets Low Layoffs

Job openings in the US decreased for the second consecutive month, reaching a three-year low in April with 8.06 million available positions, according to the Bureau of Labor Statistics. This is below economists' expectations of 8.36 million and marks the lowest level since February 2021. Although job growth has slowed, layoffs remain minimal, indicating positive net job growth. The Federal Reserve views the cooling labor market as a sign to maintain current interest rates, despite inflation still being a concern.

Source:

• https://www.cnn.com/2024/06/04/economy/job-openings-quits-jolts-april/index.html

IFRS Foundation and African Development Bank Partner to Boost Sustainability Disclosure in Africa

The IFRS Foundation and African Development Bank are collaborating to enhance sustainability disclosure in compliance with ISSB Standards, aimed at supporting investor decision-making. This partnership, led by the African Financial Alliance on Climate Change (AFAC) and the IFRS Foundation's ISSB, focuses on capacity building and assistance to improve transparency and mobilize capital flows across Africa. Leaders from both organizations emphasize the benefits of this collaboration for African companies and economies, with strong support for ISSB Standards from countries like Nigeria and Kenya.

 Source:

https://www.cnn.com/2024/06/04/economy/job-openings-quits-jolts-april/index.html

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I was honored to speak at Veralto’s Leadership Conference! From best practices to managing the environmental handprint and footprint, the event and speakers outlined just how sustainability strategy informs Veralto’s work.

For inquiries on booking Keesa for speaking, book signing, and other events, contact [email protected].

Thanks for joining us this week. Please send questions, feedback, and pitches to [email protected] or just hit reply to this email.

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