CEO Action Fellows | ESG

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.