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Environmental, Social, and Governance Social CEO Action Fellows

CEO Action Fellows

Taking action to create systemic change.

Empowering our associates to create change

Flagstar CEO Sandro DiNello signed the CEO Action for Diversity & Inclusion pledge in 2017 to demonstrate our commitment to advancing diversity, equity, and inclusion efforts. Comprised of more than 2,000 CEOs from 85 industries, CEO Action began with a shared belief that DE&I is a societal issue, not a competitive one, and that the business community is a vital part of driving change at scale.

 

In the fall of 2020, Flagstar sponsored two employees to be a part of CEO Action for Racial Equity, a fellowship to advance racial equity through public policy. Since then, fellows from more than 100 companies have worked to identify, develop, and promote policies to positively impact 47+ million Black Americans and improve societal well-being.

 

Building scalable, sustainable change

CEO Action for Racial Equity has an issue agenda featuring eight public policy solutions and three social contracts solutions. The fellowship is also using a place-based approach to drive change locally in three cities: Detroit, Michigan; Oakland, California; and Baltimore, Maryland. Fellows identify current community efforts, partner with local organizations, and connect them to corporate resources to accelerate their impact. 

 

Public policy solutions

  • A Path Toward Greater Food Equity
  • Closing the Digital Divide
  • Decriminalizing Poverty, Fines, Fees, and Cash Bail
  • Equity and Excellence in Early Childhood Education
  • Expanding Access to Telehealth
  • Expanding Economic Opportunity Through Community Development Financial Institutions
  • Racism: A Public Health Crisis
  • Supporting Police Integrity and Transparency: Advancing a National Policing Misconduct Registry

 

Social contracts solutions

  • Advancing Corporate and HBCU Collaborations: Expanding Reach and Sustaining Engagement
  • Expanding Beyond Supplier Diversity to a Business Diversity Ecosystem
  • Mobilizing Untapped Talent: Destigmatizing Reentry Through Fair Chance Hiring

 

The fellowship made great strides in its advocacy efforts last year through letters, op-eds, conferences, podcasts, and other outreach. Specifically, their work included 11 letters to Congress and state legislative bodies, two written comments, two written testimonies, and 13 press releases.

 

To learn more about CEO Action for Racial Equity, visit https://ceoactionracialequity.com.

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Flagstar has been named one of the Top 100 Banks by GOBankingRates.
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Flagstar is proud to be recognized by Forbes as one of America’s Best Banks.