How sustainability achieved gender parity and what it means for women in business

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Our recent report on chief sustainability officers (CSOs) in the U.S. revealed that women went from holding 28 percent in 2011 of the CSO positions to 54 percent in 2021. That’s a 94 percent increase.

Our recent report on chief sustainability officers (CSOs) in the U.S. revealed that women went from holding 28 percent in 2011 of the CSO positions to 54 percent in 2021. That’s a 94 percent increase.

It’s a positive development to see the playing field level for women in sustainability, but what’s driving this trend? And what are the implications for women’s leadership in business more broadly? Before diving into those questions, it’s interesting to look at the trends in gender and leadership in sustainability and business.

The state of women’s leadership in sustainability
When it comes to women’s leadership as CSOs, the biggest jump happened between 2013 and 2014, when the number of women went up by 11 percentage points. There was another significant increase between 2018 and 2021, around the time the #MeToo movement gained momentum. In 2020, when more companies than ever hired their first CSO, female CSOs broke the 50 percent mark to reach their current status.

Outside of sustainability, women in business have not advanced as quickly. In the C-suite, men still far outnumber women. According to a Morningstar report looking at data from 2019, women hold only 12.2 percent of named executive officer roles at companies, up just 2.8 percentage points from 2015. The report authors noted that “this reflects a rate of growth that would only deliver equal representation sometime in the second half of this century.”

So why are women advancing more quickly in sustainability?

3 reasons women in sustainability are moving up
I can surmise three reasons women are advancing faster in sustainability than they are in business more broadly.

1. There’s a robust pipeline of women vying for these roles.
According to the 2020 GreenBiz State of the Profession report, which my firm sponsors, the percentage of women holding any sustainability position has been steadily rising since 2010. Between 2011 and 2020, the percentage of women holding a vice president role grew from 31 percent to 51 percent. The pool of female directors grew by 18 percentage points, from 37 percent to 55 percent. And the percentage of female managers in sustainability roles has gone up the most, from 39 percent to 63 percent. By contrast, the Morningstar authors pointed to the “broken rung” at major corporations, in which “women are systematically passed over being offered their first and crucial career promotion.”

Based on the GreenBiz data and my experience as a recruiter, I believe this is not happening in sustainable business roles, where there’s a deep talent pool of women, starting at the manager level and steadily making their way up the ranks.

2. Women excel in these roles.
As I have written about before, research suggests that women are well-suited to succeed in sustainability roles. A 2018 Business and Sustainable Development Commission report argued that women have the necessary leadership qualities to take on sustainable development, and they have the desire to address social and environmental challenges.

In my work, I have also found the “feminine” traits such as the ability to collaborate, translate complex issues and demonstrate humility help CSOs succeed. CSOs are not in it for the ego boost; they find it more fulfilling to champion others, praise generously and inspire others to support a vision for the future that benefits all.

3. The path to sustainability leadership is inclusive.
Unlike other C-suite positions, there’s no specific set of credentials that CSOs are required to have, so the path to leadership can be more varied. Moreover, sustainability is, by nature, an inclusive field. The job requires engagement with diverse stakeholders, so it makes sense that hiring managers would seek out people with diverse experience and backgrounds. However, while this has led to gender diversity, it has not yet supported racial diversity: Only 16 percent of U.S.-based sustainability professionals today identify as a race other than white.

Is this trend good or bad for women?
I have many anecdotes pointing to executive leadership clarifying their preference for a woman to hold their CSO position. It made me wonder: Is this trend going to create a pathway for female leadership in business? Or are women being pigeonholed in sustainability?

While the Morningstar report authors noted that women in business face a “glass wall” blocking them from career tracks with room for advancement and higher pay, it’s my belief that gender parity in the CSO role is a good thing. With the growing importance of ESG at global companies, the women in the CSO role have great potential to influence the future of business.

Moreover, women have the skills to excel in these roles. Whereas in business generally there’s the “glass cliff” phenomenon — whereby women are promoted into leadership positions during a crisis and then blamed when they fail — my sense is that women’s aptitude with communication, influence and agility will help them succeed in the CSO role.

Click here to read the full article on Green Biz.

5 Business Strategies You Need to Know Today
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business woman looking at silhoutte landscpae of big city

By Mark Quadros

Research shows that the COVID-19 pandemic has affected 76.2 percent of U.S. businesses. COVID-19 impacted most of these businesses negatively, disrupting everything from their supply chains to their in-store sales.

So, if you’re one of these business owners, how can you adjust your operation to thrive during lockdowns, stay open for customers and keep staff engaged?

Here are five COVID-19-involved business strategies to help small businesses survive the pandemic:

Redefine your business growth opportunities

The COVID-19 crisis and subsequent lockdown measures have disrupted many significant industries, including the hospitality industry, retail industry and entertainment industry. Naturally, companies in these fields have changed how they deliver their products and services to customers to continue growing.

But redefining your opportunities isn’t just limited to companies directly affected by lockdowns.

If you want to keep growing during the pandemic, you will need to seek out new ways to improve your profitability, including:

  • Entering new markets
  • Taking out a bridge loan and investing in new projects
  • Adjusting your marketing and sales approaches
  • Targeting new customers
  • Redesigning old processes with new online business tools
  • Forming new partnerships (especially with local suppliers)
  • Finding new ways to improve your offerings for customers

To identify the best opportunity for your brand, you must research potential options, identify the best ones and formalize them with a new business plan. According to this guide to business plans, your business plan should include detailed product and service plans, a market analysis, a management plan and a financial plan for each growth strategy.

Adapt your current business models

Experts predict that coronavirus will continue to spread around the world for the foreseeable future.

Naturally, if your brand wants to survive this new normal, you’ll need to crisis-proof your business so you can continue to operate in the current economic climate. To crisis-proof your business, you should:

  • Measure the damage to your company regularly so you can adapt to potential problems before they arise
  • Back up your data and embrace digital solutions to help staff work from home
  • Prioritize the health and safety of your employees with workplace safety measures like social distancing, hand sanitizer and masks
  • Reduce your cash flow to only essential expenses
  • Adjust how you deliver products and services to customers to ensure their safety when shopping
  • Re-organize your work processes to prioritize key functions (e.g., by redefining customer support)
  • Establish contingency plans for further lockdowns and pandemic restrictions

If you are self-employed or a small business owner, you could also take out a personal loan to keep your business’s cash flow steady as you adjust your business models.

Rethink your financial structure

A 2020 study on 5,800 small businesses from the U.S. found that the average brand with over $10,000 in expenses only had access to two weeks of cash at the start of the pandemic. Unsurprisingly, many of these companies had to adapt their spending habits to survive.

And the rest of us should learn from them.

To keep your brand alive during the pandemic, you will need to establish an emergency fund to cover any unexpected events (like lockdowns). You can build an emergency fund by saving the money you would have spent on unnecessary expenses.

To identify unnecessary expenses, sort your expenses into two key categories:

  • Value-adding expenses that are crucial to running the business (i.e., expenses like supplier costs, inventory acquisition costs, online advertising, staff wages and technology costs)
  • Extra expenses that are not crucial to running the business (i e., additional office space, extra professional training and food/drinks)

Once you have sorted your expenses, identify expenses you can eliminate to reduce your operating budget and make cuts according to your priorities.

Retrain your workforce

While it may seem wise to fire non-essential staff and redirect their salaries into your emergency fund, this decision may hurt your business financially long term. Currently, it costs $4,425 to hire the average employee and weeks to train and acclimate them. To avoid incurring this cost later, retrain your workforce and adjust their duties to match your new business model.

You should also consider ways to improve your employee’s productivity (the quantity of their work) and efficiency (the quality of their work). Improving productivity and efficiency will increase your business’s output, increasing your revenue and decreasing your expenses.

To improve efficiency, you can use a productivity formula and calculate your current figures:

Productivity = Total Output / Total Input

Efficiency = (Standard Hours Spent On Task / Actual Amount of Time Spent on Task) x 100

Then, brainstorm business-specific ways to improve productivity and efficiency.

Build meaningful relationships

Finally, you should prioritize maintaining good relationships with your customers. As research shows that the top 10 percent of customers spend three times more per transaction than the bottom 10 percent, maintaining a relationship with loyal customers will increase your revenue.

To maintain a connection with customers, you could:

  • Set up social media accounts and encourage customers to send you User-Generated Content (UGC)
  • Establish a customer loyalty program to keep customers happy
  • Improve your email marketing
  • Send digital ‘thank-you’ cards to customers
  • Offer special discounts to loyal customers
  • Improve your digital customer service practices
  • Convey your COVID-19 safety measures to customers with a poster

New normal, business

Periods of economic are very stressful for companies, but they frequently result in long-term growth and new industry-wide trends. For example, people often credit the fast rise of eCommerce to the 2003 SARS outbreak in China or the rise in click-and-collect to the early months of COVID-19.

If you follow the tips in this guide, your company can emerge from COVID-19 stronger and more profitable than ever before.

Source: Score

Staten Island mom creates lingerie line for transgender women after daughter comes out
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South Shore mom Karyn Bello created her own fashion line of lingerie designed for transgender women and hopes to be an example for parents of transgender people.

By , Silive

In 2014, South Shore mom Karyn Bello and her family began navigating uncharted territory when her daughter, Lily, came out as transgender.

Seven years later, Bello, 51, created her own fashion line of lingerie designed for transgender women and hopes to be an example for parents of transgender people.

Her clothing line, named Zhe in reference to the gender-neutral pronoun, includes technology meant to fit transgender women’s bodies and help them feel comfortable in their own skin.

“They’re meant to help trans women navigate through the world and through their clothes comfortably without having to worry,” Bello told the Advance/SILive.com. “They’re much more accessible and safe for them to be wearing.”

Bello’s underwear line is designed to help transgender women stray away from harmful do-it-yourself methods of tucking.

Tucking is a way to disguise the genitalia and create a more feminine appearance underneath clothing or in underwear. At times, it is achieved using duct tape or other adhesives, which can be harmful to the body.

“[These methods] are bad for your urethra; you get UTIs easily,” Bello explained. They’re just bad for your health. I was coming at it from a mom’s perspective. I want you to be healthy and take care of yourself, too.”

The Zhe underwear is made with technology to help achieve a similar outcome in a much safer way. Key features of the underwear include a wider gusset, multi-layered front panel, and spandex support.

Click here to read the full article on Silive.

Latina speaker, author helps women become confident negotiators
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latina Leadership and negotiation strategist Elizabeth Suarez aims to empower women to obtain more money and recognition and become better negotiators.

By Laura Casillas, 9 News

Elizabeth Suarez worked in the corporate world for 15 years. After holding countless leadership positions throughout the U.S. and Central and South America, she not only has extensive insight into a male-dominated industry, but according to Suarez, it also made her realize that more women were needed at the executive table.

“I would say I lived a syndrome of me, myself, and I. There was no other Latina; there was no other woman,” Suarez said. “When I decided to retire from the corporate world, that’s when I realized that what we had to do was basically be better negotiators to be able to be in meetings where people make decisions, the problem, many women, we – Latinas are not present where decisions are being made.”

Remembering all those years in the industry takes Suarez back in time to where her dreams began.

“I started out as this girl who wanted to make a difference in the corporate world,” Suarez said. “I grew up in Puerto Rico, I am of Cuban parents, I went to the university in New York as well as [got] my master’s degree, and I was in the corporate world everywhere.”

Today, Suarez lives in Denver, she is an author, and a coach and a leadership and negotiating strategist. Suarez empowers professionals to obtain more money and recognition, while helping organizations to develop a stronger workforce.

Suarez credits a big part of her success as an entrepreneur to the people who helped push her to take the plunge.

“I have to admit it, I had a lot of people who helped me and who believed in me,” said Suarez. “I had many mentors who believed in me and even today they follow me and want to help me.”

Since then, paying it forward has always been one of Suarez’s mottos as she remembered that her mentors told her, “Hey, remember that you have to help others in your community. This is not just about you. This is about your community.”

So following in their footsteps, Suarez became a mentor of young women and after mentoring for a few years, she came to another important realization.

According to Suarez, it’s difficult for many women to advocate for themselves.

“I always say to people that culturally we have always been told that we have to be grateful – grateful for living, grateful for our health, grateful for our work. And what I’m saying is that, yes, that is important, but at the same time, we have to be able to communicate to other people that we deserve the salary, that we deserve the promotion because we have brought a lot of progress to the company,” Suarez said.

Being a good negotiator, according to Suarez, is being able to be someone who can listen to what the other person is saying. One who can understand the needs of the other person and at the same time, can communicate effectively so that the other person can understand his or her needs.

“This is not about winning everything you want; this is being able to identify a solution that will be a good thing for both people,” Suarez said.

Suarez has a daughter in college and she gives her the same advice that she gives all young women.

“You cannot assume that if they offer you the job that that’s it. I accept it, it’s over, I’m going to party, no no no,” Suarez said.

According to Suarez, women need to take it upon themselves to do a thorough investigation of the going salary for the position that they are applying for.

“There are different ways to find out. There are different apps that tell you this. The average salary of the type of job where you are living, and you have to have the strength to say, ‘This is a competition; we are playing a game. I play, and even though they offered me the job, I’m going to have to ask for more,'” she said.

Suarez encourages women to negotiate in the same manner as men do because, according to her, “Study after study shows that men always ask for more than women.”

“From the beginning, you have to negotiate more,” Suarez said, “and if they tell you that they cannot give you more money, negotiate more things. Free days, bonuses – agree to re-analyze your work in six months, and from there you can get another raise.”

Suarez is the author of the book ‘The Art of Getting Everything,’ and she has been has a keynote speaker at women’s conferences across the country, including the Women in Technology Conference where she spoke to over 650 women about the power of negotiation, networking and self advocacy.

Click here to read the full article on 9 News.

How a former Target intern became one of America’s most successful Black women
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Caroline Wanga on stage at Cannes Lions 2019 in Cannes, France.

By Samantha Subin

Caroline Wanga thrives on chaos.

That’s why she stepped away from roughly 15 years of hard work at Target in 2020 to tackle a new obstacle: helping a half-century-old Black media brand reinvent itself.

When Wanga joined Essence in June, the Black culture mainstay was a little under two years out from a buyout by African-American entrepreneur Richelieu Dennis, founder of Sundial Brands, a beauty company — now part of Unilever — that creates products for Black consumers. After nearly two decades under the ownership of Time Inc., it was back to being Black-owned for an Essence in the midst of an identity shift.

Photo : Richard Bord | Getty Images Entertainment | Getty Images

For Wanga, who easily gets bored with the status quo and says she works at her best when things are “falling off the rails,” it was the perfect project.

“I like to go to the problem when the fires are there,” says Wanga. “Throw me in when things are impossible and it’s the end of the world.”

Over the course of her decades-long career, Wanga has defied boundaries, working her way up the corporate ladder at Target from an intern to positions including vice president of human resources and chief culture, diversity and inclusion officer. As a Black woman, single mother at 17 and Kenyan immigrant, Wanga hasn’t let stereotypes define her. Now, she’s running one of the largest media ventures in the world that caters to underrepresented communities, and she is leading with authenticity.

A self-described oversharer, Wanga prides herself on being unapologetically open with employees, so that they can feel welcome. She says her approach to leadership and life helped overcome negativity and succeed in corporate America, and she has several lessons to offer those just starting out.

1. Don’t let unexpected events derail success

Wanga started at Target in the “most non-strategic way possible.”

After getting pregnant at age 17, she dropped out of college to raise her daughter Cadence. It was the first major disruption in her life, especially troublesome for her parents, who both have doctorates, but it was far from a life-altering setback.

“That particular moment is actually the theme of my life in a very interesting way,” Wanga says. “After that happened, I became indignant that this wasn’t going to end my plan to success.”

Back at home in Minnesota, Wanga — who moved to the U.S. from Kenya as a tween — attempted several hybrid school programs before quitting to work a series of jobs in the nonprofit sector. In 2003, she enrolled in a business program at Texas College at the age of 25.

“The barrier to the degree was not the program,” Wanga says. “It was my life. I had this little girl and I was not going to ask for help because I’m going to prove I could do this on my own.”

2. Set a destination, be flexible on the path

When she joined Target in 2005 after attending a career fair, Wanga says she didn’t have a passion for improving supply chains, nor was she thinking about the end-goal. It paid well and she wouldn’t have to worry about taking care of her daughter. While at Target, Wanga hopped between roles and worked her way up the human resources chain from a distribution center intern. But human resources was a path Wanga admits she never thought she would take.

She eventually set her sights on director of diversity and inclusion, a position she jokes is the “closest you get to a soul in corporate America.”

Wanga planned on attaining that by 2018, but she leapfrogged her mission years ahead of schedule and worked her way up to chief diversity and inclusion officer by 2015. Her lesson: agree on the destination, negotiate the path to get there.

When Wanga joined Essence as chief growth officer in June 2020, she saw it as an opportunity to give back to an institution integral to her identity and that of many other Black women. At the time, Wanga had reached a crossroads at Target and was looking for the next project to add to her portfolio.

It was a new brand, a new workplace, and while difficult to walk away from Target, it’s what Wanga calls the “next role I didn’t know I wanted.”

Within a month, Wanga was promoted to interim chief executive officer at Essence, before taking on the CEO title full-time this February.

“You don’t have to have all the answers, the path can be different,” Wanga says. “If I had waited to define the job I wanted and waited for the perfect job, I’d still be an intern.”

3. Your story is as important as the business strategy

Over the years, Wanga says one of the biggest drivers of her success is authenticity. Often known to overshare her personal life experiences, Wanga told CNBC’s Inclusion in Action forum last September this is foundational to being a good leader. Telling the story of who you are is as important as explaining the strategy of the business you are running.

“Because at the end of the day …  you have to model what you’re saying you want them to experience and you have to be willing to go first,” Wanga says. “You cannot on the one hand talk about authenticity and wanting to have inclusion and wanting to have representation in your group … and then people only know you to be the CEO that shows up at team meetings.”

When working with a new team, Wanga shares a list of 20 slides which she refers to as her “dimensions of difference.” They cover everything from who she is, to where she is from, to what her family looks like, to being a D+ Christian and having diabetes.

“She brings her authentic self to her work,” says Minda Harts, author of “The Memo: What Women of Color Need to Know to Secure a Seat at the Table.”

“From the outside looking in she has not adapted to the status quo, but has changed the norms of what leadership looks like,” Harts adds.

Read the full article at  CNBC.

Latina-Owned Candle Business Captures the Scents of Childhood
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Latina-Owned Candle Business Captures the Scents of Childhood

By Génesis Miranda Miramontes, NBC Los Angeles

Who can forget the smell of a Saturday spent cleaning, as the sound of music blasted in the background: the smell that filled the air and made you get up knowing you would have to grab a broom and help out?

Or perhaps you recall the smell of hot chocolate and pan dulce as you sat around the table hearing your comadre’s latest chisme.

What if you can relive those memories by lighting a candle in your room? While you fold that pile of laundry you’ve been putting off.

Marcella Gomez, a mother, nurse and cancer survivor from Downey is the founder of Oh Comadre Candles, a Latina-owned business that quite literally captures those memories in a candle.

“Oh Comadre Candles celebrate life through a Latina’s eye. The candles are intended to evoke emotion, comfort, memory, or even a laugh,” Gomez said.

Gomez started her business online in 2014 as a form of therapy, and time away from the nursing job she had at the time. It was a way for her to disconnect from the stress of a work day and help distract her, she explains.

In October of 2020, Gomez was diagnosed with breast cancer. She has since received treatment and has been in remission.

She says she would like her story to be an example of the importance of taking care of your health and seeing your doctor.

“Take care of yourself like we take care of others,” Gomez said. “If your best friend told you they found a lump, you would drop everything and help your good friend seek medical attention. Why not do the same for yourself?”

Since starting her business, Gomez has gained over 76,000 followers on Instagram and has recently opened her first storefront in Downey a couple of months ago.

“I have nothing but gratitude for anyone taking the time to walk through our door. It’s an awesome feeling that any small business can relate,” Gomez said. “I couldn’t believe the amount of support the shop recieved. I still can’t believe it. Someone please pinch me.”

Gomez says it was a long process to find the right formula for her candles. Then in 2016 she received her first online order.

“I could not believe someone purchased it from me. I thought it was a joke because the order came on my birthday. Fortunately, it was the first of many orders to come,” Gomez said.

Most Latinos can relate to the scents of Fabuloso, Vaporub, Pan Dulce, Abuelita Hot Chocolate, Horchata, and even Jabon Zote.

These are the scents of childhood and the day to day that bring happiness and can now be enjoyed in your sala.

Click here to read the full article on NBC Los Angeles.

11 Gorgeous Afro-Latinx-Owned Online Shops To Support During National Black Business Month
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Afro-Latinx Owned products

By Andrea Reindl, Mitu

August is National Black Business Month and this year, there’s no better time to support Black businesses. After the racial reckoning of 2020, many of us are still educating ourselves on structural racism and the impact it’s had on Black business owners and generational wealth. And part of that education includes shopping at Black-owned businesses.

Luckily, there are Black entrepreneurs out there who are following their dreams and making money moves. Here is a list of Afro-Latinx-owned businesses you can shop at online.

Azteca Negra

Azteca Negra was founded by Jefa Marisol Catchings, who identifies as Chicana and Black. Her online store started off selling colorful hand-crafted headwraps, but since the pandemic, she has also expanded into selling face masks as well. Buy the Mami & Me Princesa Headwrap Set (pictured) for $38.00.

La Boticá Studios

Founded by Afro-Dominicana Dawn Marie West, La Boticá Studios is what she describes as a “luxury fragrance brand” that is “rooted in culture.” With scents like “Flor de Selva” and “República,” her candles are sure to transport you to the Caribbean. Candles start at $78.00.

Coffee Del Mundo

Belizean coffee connoisseur Jonathan Kinnard founded Coffee Del Mundo’s to “help people rediscover coffee the way it was meant to be enjoyed.” So unnatural additives are a no-no. You can get pods or whole beans via delivery. Buy a bag of El Salvador Whole Bean (pictured) for $13.50.

The Cozy Cup Tea

The Cozy Cup Tea was founded by a New York Dominicana who loves tea. While she throws tea party events for the tea-lovers out there, she also sells Caribbean-inspired tea on her website. Buy all teas starting at $10.00.

Breukelen Rub Spice Co.

Breukelen Rub Spice Co. is a Flatbush-located spice brand that produces hyperlocal artisanal spice blends and dry-rubs. Founded by Afro-Puerto Rican chef, Chef JD, Breukelen Rub Spice Co.’s most popular spice blend is the all-purpose, nostalgic spice blend Abuela’s Adobo. Buy for $15.00.

Reina Skincare

Inspired by her own skin troubles, Panamanian Jefa Adriana Isabel Robinson Rivera created a skincare brand fit for a queen. She sells everything from cleansers to toners to serums to oil. Browse their catalog.

Coco and Breezy Eyewear

Famous Afro-Puerto Rican twin DJs Corianna and Brianna Dotson created this luxury eyewear line as a creative experiment. Their brand has since achieved wild success. These are luxury eyewear, so the price point starts at $285.00.

Peralta Project

First-generation Dominican, M. Tony Peralta founded the Peralta Project. According to his website, his designs explore blackness in Dominican identity and pay homage to old-school hip-hop. This shirt is available for $35.00.

Valerie Madison Fine Jewelry

Valerie Madison is a fine jewelry business that describes itself as sells Black-Latina owned. The luxury retailer sells engagement rings, wedding bands, and other fine jewelry. These indulgences are a once-in-a-lifetime type of splurge, so prices vary.

Pisqueya Hot Sauce

Pisqueya hot sauce was created by Maritza Abreu from a recipe handed down “through a family of Dominican cooks.” With three delicious flavors (Smoky Hot, Medium Buzz, and Spicy Sweet), you’ll find a sauce for every occasion. Sauces sell for $6.99 each.

Click here to read the full article on Mitu.

All-Black women crew operates American Airlines flight from Dallas in honor of trailblazer Bessie Coleman
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In honor of the 100th anniversary of Bessie Coleman becoming the first Black woman to earn a pilot's license, American Airlines operated a flight from Dallas to Phoenix with an all-Black female crew.

By Emma Tucker, CNN

An all-Black female crew operated an American Airlines flight from Dallas to Phoenix in honor of Bessie Coleman, the first Black woman to earn a pilot’s license in 1921.

The airline hosted the Bessie Coleman Aviation All-Stars tour this week to celebrate the 100th anniversary of Coleman performing the first public flight by an African American woman in 1922. “She bravely broke down barriers within the world of aviation and paved the path for many to follow,” American Airlines said in a statement. Coleman’s great-niece, Gigi Coleman, was hosted on the flight operated by the all-Black female crew of pilots, flight attendants, customer service coordinators, cargo team members and the aviation maintenance technician, the airline said. “I’m grateful for American Airlines to give us this opportunity to highlight my great aunt’s accomplishments in the field of aviation,” Gigi said in a video posted by American Airlines titled “Empowering Women in the Skies.”

Very few American women of any race had pilot’s licenses by 1918, but those who did were often White and rich. Undeterred, Coleman learned French and moved to Paris and was accepted by the Caudron Brothers School of Aviation. In 1921, Coleman became the first female pilot of African American and Native American descent.

Coleman died at 34 in 1926 during a practice run with another pilot. While she never fulfilled her dream to open a flight school for future Black pilots, Coleman’s imprint on aviation history lives on, CNN previously reported.

Black women have been “notably underrepresented in the aviation industry, especially as pilots, representing less than 1% in the commercial airline industry,” American Airlines said.

“Today, I’m beyond thrilled to be a part of the crew where we are inspiring young girls, young girls of color, to see the various roles that these women play in every aspect to make this flight possible,” Captain Beth Powell, the flight’s pilot, said in the video.

American Airlines said it is committed to diversifying the flight deck, which includes “expanding awareness of and increasing accessibility to the pilot career within diverse communities” through its cadet academy.

The day after the historic flight, representatives from the Bessie Coleman Foundation and American Airlines pilots and cadets met with students at the Academies at South Mountain in Phoenix, where the flight landed, to expose young people to careers in the aviation industry.

Click here to read the full article on CNN.

Jennifer Lopez & Partners Pledge $14 Billion in Capital to Latina Entrepreneurs
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Jennifer Lopez posing at Spirit awards

Global icon Jennifer Lopez and Grameen America, the nation’s fastest-growing microfinance organization, announce they are partnering to advance financial empowerment for Latina businesswomen historically excluded from the financial mainstream.

Grameen America provides access to business capital, credit- and asset-building, financial education and peer support to enable women living below the federal poverty level to boost their income and create jobs in their communities. The new partnership seeks to advance both Lopez’s latest philanthropic project, Limitless Labs, which aims to support Latina-owned small businesses, as well as Grameen America’s goal to empower 600,000 Latina entrepreneurs across 50 U.S. cities with $14 billion in life-changing business capital and 6 million hours of financial education and training by 2030.

Lopez joins as Grameen America’s National Ambassador to advocate for and mentor the organization’s network of over 150,000 small businesses run by women in predominantly Latinx communities across the United States. Limitless Labs, the home for all of Lopez’s philanthropic and values-driven work, aims to uplift, educate and provide essential resources to underserved communities like the one in The Bronx where Lopez grew up. Additional areas of focus include youth empowerment, civic engagement and empowering women with the confidence to live limitlessly.

Grameen America envisions an inclusive society in which all entrepreneurs, regardless of gender, race or income, have access to fair and affordable financial services to support upward economic mobility. The organization provides ongoing financial education to members and reports microloan repayments to credit bureaus to enable participants to build their financial identities. Since its founding in 2008, Grameen America has served over 150,000 women in 23 U.S. cities, distributed $2.6 billion in loans and helped create and maintain 157,000 jobs. The organization’s repayment rate is over 99 percent, and its members have achieved an average credit score of 644 through participation in the program.

To kick off her role as National Ambassador, Lopez will motivate, promote and inspire Latina businesswomen, helping them understand the pathway to financial independence and literacy through joining the Grameen America microloan program. Lopez will mentor the organization’s existing Latina business owners, educating them on the importance of credit and asset-building and developing a savings program to promote financial resilience. The partnership will also enhance Grameen America’s financial education and training platform, prioritizing digital and multimedia resources to promote financial literacy.

“Being Latino in this country has always been a matter of pride for me. I am humbled and beyond grateful to partner with Grameen America,” said Jennifer Lopez. “We’re building pathways to employment and leadership opportunities. There’s so much strength in this community and we’re harnessing that. This partnership will create equality, inclusivity and opportunity for Latina women in business. This will change the fabric of America!”

“Jennifer Lopez is a trailblazer, having given visibility and advocacy to ensure Latina women are educated, financially empowered and healthy,” said Andrea Jung, president and CEO of Grameen America. “Grameen America is the only organization with the national scale, reach and proven model required to deploy $14 billion in loan capital to emerging businesswomen in Latinx communities. Together we will shape entrepreneurship as a viable pathway to success for Latina women who have historically lacked access to the formal financial markets and are often marginalized from economic opportunity.”

Despite gaps in opportunity, Latina entrepreneurs represent the fastest-growing, yet untapped, segment of U.S. small business owners. In the past 10 years, the number of Latino-owned small businesses has grown 44 percent compared to just four percent for non-Latinos, according to a recent report by the Stanford Latino Entrepreneurship Initiative. The same report notes Latino-owned businesses are significantly less likely than white-owned businesses to receive loans from national banks, despite demonstrating strong lending criteria. For women, financial exclusion is disproportionately higher as only four percent of all small business loans from mainstream financial institutions go to women, according to a report by the National Women’s Business Council.

“Asking for a loan from a bank is not as easy as people think, and even more challenging for businesswomen in my community,” said Maria Lugo, Grameen America member and owner of Who’s Papi? Tires by Papi, an auto-repair and tire shop located in Woodside, Queens. Lugo joined Grameen America in 2011 to revitalize her family’s struggling business. Today, Lugo’s thriving business has expanded in its size, services and staff to meet growing demand. Most importantly, Lugo’s savings allowed her to send her three children to college. “The road to business success is not always easy to navigate, but with hard work and access to financial services, education and mentorship, it’s possible to achieve your vision,” said Lugo. “Surround yourself with people who are going to lift you higher.”

Source: Grameen America

Serena Williams says she will retire from tennis sometime after the U.S. Open.
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Serena Williams at the French Open last year. She said she would play in the U.S. Open, which begins in late August.Credit...Pete Kiehart for The New York Times

By Oskar Garcia, NY Times

Serena Williams, the 23-time Grand Slam champion who has been the face of tennis since winning her first U.S. Open in 1999, said in a magazine article published online on Tuesday that she planned to retire from the sport after playing again in the tournament, which begins later this month.

Williams, who long ago transcended her sport as a dominant cultural figure, said in an as-told-to cover story for Vogue that she has “never liked the word retirement,” and preferred the word “evolution” to describe her next steps. “I’m evolving away from tennis, toward other things that are important to me,” including working with her venture capital firm and growing her family.

She was not explicit about when she might stop playing, but hinted on Instagram that the U.S. Open could be her last tournament. “The countdown has begun,” she said, adding, “I’m gonna relish these next few weeks.”

Williams said that she and her husband, Alexis Ohanian, planned to have another child.

“In the last year, Alexis and I have been trying to have another child, and we recently got some information from my doctor that put my mind at ease and made me feel that whenever we’re ready, we can add to our family. I definitely don’t want to be pregnant again as an athlete. I need to be two feet into tennis or two feet out.”

Williams, whose last Grand Slam tournament victory came while she was pregnant during the Australian Open in 2017, was eliminated from Wimbledon in June in the first round.

“Unfortunately I wasn’t ready to win Wimbledon this year,” Williams said. “And I don’t know if I will be ready to win New York. But I’m going to try. And the lead-up tournaments will be fun.”

Williams has won nearly $100 million in prize money.

With the caveat that there still may be more to come from her this fall, Serena Williams has put a dazzling array of achievements into her sport’s record books.

She has won 23 Grand Slam singles events, ranging from 1999 when she was 17, to 2017. They included seven Australian Opens, three French Opens, seven Wimbledons, and six U.S. Opens. She also has 10 further appearances in Grand Slam singles finals.

Click here to read the full article on the NY Times.

Beverly Malbranche of Caribbrew Honors Her Homeland of Haiti Through Her Coffee Brand
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Beverly Malbranche wearing a yellow shirt and smiling at the camera

By Nashia Baker, Martha Stewart

Both personally and professionally, Beverly Malbranche has always wanted to make an impact in the world and honor her homeland along the way. To meld the two, she decided to open Caribbrew, her Black-owned and woman-founded Haitian coffee brand. “Once I realized that we used to be a major coffee producer, I felt challenged to revive this lost history and create opportunities through it,” she recalls, noting that she launched the business, based in Passaic, New Jersey, in November 2018.

“I decided to create my own business in order to have more impact and to use my creativity and determination to offer a positive image of Haiti,” she says. “I also wanted to share our gastronomy with the world in some form or shape.” Ahead, Malbranche shares how she took her desire for personal fulfillment and meaningful opportunity and channeled them into her work—and ultimately developed a thriving coffee business that is also a tribute to Haiti.

Increasing Brand Awareness

Malbranche opened her business with $1,000 and built it from the ground up. She turned to Facebook and Instagram to get her company up and running. Through these platforms, she discovered other small businesses and began to learn from them—and started networking offline to build her business, as well. She attended local pop-up shops to continue getting Caribbrew’s name out there, and gained business champions and her first customers as a result.

Producing the Coffee

Caribbrew offers an array of products, but is best known for shade-grown, chemical-free, premium coffee. Malbranche prioritized process when she first started production: Haitian farmers handpick the Arabica beans, which are then roasted in small batches. For those who can’t go without their morning cup of joe, you can shop options like the Caribbrew Dark Roast Premium Haitian Coffee ($15.50, caribbrew.com); it is characterized by its dark, aromatic, heavy-bodied flavor profile. Or, try Caribbrew Medium Roast Kcups ($22, caribbrew.com), made specifically with beans from Thiotte, a mountainous town in the south of Haiti (this roast has hints of chocolate).

“Haitian beans tend to be nutty and mellow in acidity,” Malbranche explains. “[The medium and dark roasts] are both smooth, and while you can taste the nuttiness more in our medium roast, the dark roast has notes of dark caramel and a bit of chocolate.”

Her company’s offerings go beyond coffee, too. Skin care enthusiasts can snag the Coconut Latte Body Butter ($25, caribbrew.com), a Haitian coffee-infused, full body treatment that can reduce stretch marks and cellulite; the Mango Mandarin Haitian Coffee Scrub ($15, caribbrew.com) which exfoliates and decreases facial inflammation, thanks to green coffee properties; and other beauty products, teas, and chocolates from the line.

Brewing with Inspiration

Malbranche’s mission is simple: “I want to create more transparency on the coffee supply chain and create a space for coffee originating from the Caribbean—starting with Haiti,” she says. “I also want to support the ongoing efforts to see more Black- and women-owned businesses in the industry.” As for her customers? She wants them to enjoy exploring her brand and “savor each cup—and also connect with the folks who grow the beans.”

While the entrepreneur has her sights on new goals (the team just launched Caribbrew nationwide via Sprouts Farmers Market and aims to get the brand in more retail locations soon), she has one crucial piece of advice for fellow business owners who are striving for something more. “Give yourself grace and take it one step a time,” she explains. “It’s good to create a roadmap for the vision that you have. That will help you eliminate some activities that do not align with your goals, so you can focus on what matters.”

Click here to read the full article on Martha Stewart.

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Upcoming Events

  1. City Career Fair
    January 19, 2022 - November 4, 2022
  2. The Small Business Expo–Multiple Event Dates
    February 17, 2022 - December 1, 2022
  3. ROMBA Conference
    October 6, 2022 - October 8, 2022
  4. AMAC ALC Fireside Chat: Bridging the Cultural Divide – 2022
    October 20, 2022
  5. AFWA Women Who Count Conference
    October 25, 2022 - October 28, 2022
  6. USPAACC Innovation Symposium 2022
    October 25, 2022 - October 26, 2022
  7. Los Angeles Contracting Opportunities Virtual Event
    October 27, 2022
  8. NMSDC 50th Anniversary Conference & Exchange
    October 30, 2022 - November 2, 2022

Upcoming Events

  1. City Career Fair
    January 19, 2022 - November 4, 2022
  2. The Small Business Expo–Multiple Event Dates
    February 17, 2022 - December 1, 2022
  3. ROMBA Conference
    October 6, 2022 - October 8, 2022
  4. AMAC ALC Fireside Chat: Bridging the Cultural Divide – 2022
    October 20, 2022
  5. AFWA Women Who Count Conference
    October 25, 2022 - October 28, 2022