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Expeditors ESG: Our Approach to Environmental, Social, & Governance Issues - YouTube
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the sustainability efforts that
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expediters really aren't something that
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we view as a part from who we are or
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apart from our culture in fact it's just
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the opposite we think the root of our
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sustainability efforts is our culture
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and we think that having a
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sustainability program really just gives
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life to a lot of passion that our
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employees already have and that passion
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is what empowers us not only to do the
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things that are important from a
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sustainability standpoint but also just
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to feel motivated at work and passionate
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and taking care of our customers so I
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think the call to action these days for
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many organizations is around a lot of
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buzzwords sustainability or ESG which is
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environmental social and governance and
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you hear about these things and you hear
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and see white papers being published and
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lots of pundits talking about these
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things but for us at Expeditors the call
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to action is let's focus on things that
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we know we can do that actually make a
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difference within our communities to
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protect the environment to take care of
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our people to volunteer from a corporate
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social responsibility standpoint and
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just from a governance standpoint to
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make sure that we're a well-run
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organization that adheres to our co2
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Business Conduct so Expeditors has been
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in the logistics industry for over 30
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years
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so we've been doing this for a long time
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as far as measuring their carbon
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footprint and their impact that's more
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recent and honestly the science behind
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it is continuing to evolve as we get
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better at it and that's not just us
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that's all across the industry as we
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figure out exactly you know what is the
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most efficient and what different
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alternative types of energy can we use
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and still get goods where they need to
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go but we are well-positioned to make
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these decisions and to help our
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customers and be more green and be more
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efficient because we already have these
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partnerships we are located around the
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globe we have our fingers and all these
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modes of transportation so as customers
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are looking to innovate and
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reduce their carbon footprint we are
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ready to help them do that
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building a strong company and having a
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strong community they're not at odds
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they're not different I don't think that
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you can have a strong company and a
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brand and have a community that suffers
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so the more that you give back and you
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more support them they support each
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other if we've tried to compile a list
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of all the things that we do in all our
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offices to serve those communities it
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would be a long list and that's though
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when you look at those things and you
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travel that's what makes you so proud of
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being working here in Expeditors because
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you realize that it's an office in Asia
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or Europe addressing things that are
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issues and problems in their communities
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and what looks what social
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responsibility is in particular office
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is very different than other office and
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that's what I love the most when you add
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those all up we have a pretty pretty
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unique and different social
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responsibility than most companies
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health safety and security ties into
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sustainability really through through
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one Avenue and that it has to everything
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to do with people and not just the
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employees of our organization but our
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service providers and our customer
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employees as well you cannot be a
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responsible reputable organization
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without having that strong commitment to
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people having having had to live through
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you know a an event at a district that
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had to do with a natural disaster and
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seeing how how organized and efficient
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Expeditors was in responding to that
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reaching out to its employees making
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sure they were safe making sure that
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they had the supplies that they needed
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ultimately watching a network as a whole
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donate and ship supplies in order to
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take care of the affected individuals it
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there was no greater feeling in the
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world not only did it give me pride to
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work for the company but it gave me a
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sense of almost dedication you know it's
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something I want to be a part of I
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couldn't imagine I couldn't imagine ever
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working anywhere else after that so it's
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very important for us that not only do
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we have standards and not only do we do
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we outline requirements and expectations
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but we need to measure ourselves against
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those and we're constantly doing that
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we're constantly testing ourselves
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whether it be through periodic
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inspections whether it be through
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organized internal audits or whether it
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be through your subsequent visits by
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national governmental agencies all of
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these things constantly keep us in a
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state of preparation to make sure that
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we are executing our promise and
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ultimately our promise is to make sure
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that our people are taken care of
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governance is related to ESG in the
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broader sense of sustainability if you
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think about sustainability and what that
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means making sure that we're here for
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the long term that we're building value
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over the long term both for ourselves
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but our stakeholders our customers our
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employees and so having good governance
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principles and good governance standards
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helps make sure that those are
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repeatable that they're consistently
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applied it also governance is a living
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thing it's a living set of systems and
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processes so if there are improvements
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to be made
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we make them governance is a set of
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systems and processes that helps us and
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guides us and making our decisions and
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it's critical that we get this right
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because it's the way that we make sure
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that we comply with our code and the
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values that are in our code and it's
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it's it's important for our employees to
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make sure that one they're complying
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with the code and also for their benefit
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and it's important for other
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stakeholders such as customers and the
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community at large because a lot of what
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our code
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addresses are things for their benefit
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as well I think we do a fantastic job in
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in terms of designing that governance
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trying to take into account both the
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importance of consistency and
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standardization and compliance while
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also allowing our people and empowering
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our people to do their daily jobs
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and I think we do that exceedingly well
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so I'd say in this day and age there are
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companies and then there are
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institutions that understand that
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they're part of a broader social fabric
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and Expeditors is the latter and our
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goal in this area really is to make sure
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that as we grow and continue to grow as
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an organization it is not solely for the
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purpose of moving cargo which is our
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fundamental business value that we
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deliver but that we are an organization
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with which our customers and our service
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providers and our employees can align
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and feel proud about that alignment and
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feel proud that that working with
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Expeditors aligns with their values as
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an organization and I think that
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translates to the investment community
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as well all of us invests in funds for
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purposes of retirement and increasingly
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one of the demographics is that people
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don't want their money for investment
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purposes going to organizations that
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don't reflect their values so we want to
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make sure that our values as a company
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reflect those of an organization that
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cares about the fabric of the community
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in which we work I think from Expeditors
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our customers can expect that we will
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continue to focus on our sustainability
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efforts in a way that makes sense for
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our culture and the reason I say that is
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there are organizations out there in a
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number of industries that are doing
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things from a sustainability standpoint
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based upon advice they got from an
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outside consultant that's not really our
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approach we may not be the flashiest in
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this area and that's because we're
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really focused internally on things that
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we can do from protecting the
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environment security health and safety
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corporate social responsibility and
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governance things that we can do
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practically that are going to make a
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difference we don't feel that there's
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great value in lofty goals that don't
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align with somebody's culture or that
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are just there to make a flashy headline
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we're gonna just keep grinding along on
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this to find creative solutions that
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make business sense and can also do
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things to protect our
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our communities that's what our
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customers can expect from us and that's
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what we're committed to doing so that we
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can continue to be a great institution
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