Broadcasts.com - "#FoodInFeb: Food Insecurity and Risk with Daily Bread Food Bank CEO Neil Hetherington" (RIMScast)

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#FoodInFeb: Food Insecurity and Risk with Daily Bread Food Bank CEO Neil Hetherington

Published: Feb. 13, 2024, 8:58 a.m.

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.

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Justin interviews guest Daily Bread Food Bank CEO Neil Hetherington about the Daily Bread Food Bank, the rapidly accelerating numbers of people with post-secondary education making use of food charity in Toronto, the causes of increasing food insecurity, statistics on food inequity in the context of systemic racism, and how legislative solutions are needed to restore equity in food security.

Listen in to learn more about how the culture of your organization can be applied to find solutions to food inequity in your community.

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Key Takeaways:

[:01] About RIMS and RIMScast.

[:14] Public registration for RISKWORLD 2024 is now open. Explore infinite opportunities with RIMS from May 5th through May 8th, 2024, in San Diego, California. Register at RIMS.org/riskworld. Be thankful that it\u2019s a leap year! Advance Registration rates end on February 29th, 2024.

[:38] About today\u2019s episode of RIMScast. We will be joined by Daily Bread Food Bank CEO Neil Hetherington. We will explore the intersection of risk and hunger.

[1:01] The RIMS-CRMP is the only competency-based risk management credential. That matters because earning the certification shows employers and recruiters that you have the skills necessary to manage risk and create value for your organization.
[1:17] Several Exam Prep virtual workshops are coming up. On March 19th and 20th, this two-day course will be presented with PARIMA. The next RIMS-CRMP-FED Exam Prep Virtual Workshop will be held from April 2nd through the 4th and led by Joe Mayo. Visit the certification page on RIMS.org for more information. A link is in these show notes.

[1:47] If there is a full group of employees in your organization who should earn the RIMS-CRMP, visit RIMS.org/webinars and register for the complimentary webinar, How Deloitte Leveraged the RIMS-CRMP: A Fireside Chat. A link is on this episode\u2019s show notes.

[2:06] We will have leaders from the RIMS-CRMP Commission as well as leaders from Deloitte, who will speak to why they supported several of their employees in earning the RIMS-CRMP. It will be a relaxed, informational session and a lot of fun. Mark your calendars for March 15th and register!

[2:26] We are looking forward to RISKWORLD 2024 in sunny San Diego, California, from May 5th through May 8th, 2024. Public registration is open. Register today at RIMS.org/RISKWORLD and the link in this episode\u2019s show notes. Early registration rates are available through February 29th, 2024, brought to you by RIMS and leap year!

[2:52] My guest is Neil Hetherington, the CEO of the Daily Bread Food Bank in Toronto, Canada. I had the pleasure of meeting Neil at the ORIMS 2023 year-end luncheon and we had a nice conversation. Recently, The Daily Bread Food Bank released its \u201cWho\u2019s Hungry Report 2023\u201d so I thought this would be a great time to extend that dialog.

[3:25] We will discuss how food inequity can impact risk managers and the decisions that organizations need to make when hiring. Neil Hetherington, welcome to RIMScast!

[4:17] The Daily Bread Food Bank is Canada\u2019s largest food bank. It took 38 years to serve one million clients in Toronto in a single year. It took two years to serve two million in a year. In 2023, they served three million.

[4:47] There has been exponential growth in the number of individuals who are food insecure. As depressing as that has been, it\u2019s been a real joy working with a team that is firmly committed to a mission: What is going on that is requiring individuals to come to a food bank and how can we make a difference?

[5:16] In partnership, Daily Bread Food Bank and North York Harvest Food Bank have released Who\u2019s Hungry 2023 \u2014 an annual profile of food insecurity and poverty in Toronto. Some of the increase in food insecurity may be attributed to the pandemic. Before the pandemic, they were serving about 60,000 a month, holding steady.

[5:56] The pandemic happened and the number doubled to 120,000 a month. Then inflation happened and it went to 240,000 a month. In December 2023, it was closer to 300,000. Twelve thousand individuals in Toronto who had never used a food bank signed up for the first time. Unemployment is low but food bank usage is high.

[7:12] Food insecurity is rising in Canada, particularly in large cities where affordable housing is at a premium. In Canada, if you are on Disability, you live in poverty. Individuals who are working at two or three part-time jobs don\u2019t have health benefits or access to dental care. They are coming to food banks in the fastest-rising numbers.

[8:44] What can be done? Affordable housing helps individuals and employers who need workers close to jobs. It is good for legislative bodies to take care of the vulnerable. Individuals on disability should have an income that allows them to buy food. Employers should be given incentives to hire full-time employees with benefits to thrive.

[9:55] There\u2019s a link to the \u201cWho\u2019s Hungry 2023\u201d report in the show notes. The report says, \u201cSystemic racism produces deep inequities with respect to food insecurity in Canada.\u201d Black households are more than 3.5 times more likely, and Indigenous communities are 3 to 5 times more likely to be food insecure than White households.

[10:26] \u201cThese inequities stem from systemic discrimination that results in Black, Indigenous, and racialized communities facing barriers to education, employment, health care, and social services.\u201d How do we change that reality?

[10:55] What are the ways that we can ensure that, first of all, there is no food insecurity, everyone can thrive in the community, and everybody can live in simple, decent, affordable housing?

[11:13] Neil says we\u2019re pointing out the numbers, in terms of the inequity that is present, and giving legislatures across the country the opportunity to be able to deal and grapple with that problem.

[11:38] Neil discusses the changing profile of a client. Fifty-nine percent of individuals using food banks in the Toronto area have a post-secondary education. They\u2019ve gone to college. They\u2019ve done everything right. People with this level of education having to make use of food charity is obscene.

[12:40] The other changing demographic is individuals who are working but still have to rely on friends, family, and charity to get by.

[12:59] The report points to a number of recommendations for changing social policies.

[13:26] Neil says the report asks legislators to \u201cChange this, please, eh?\u201d It\u2019s an uphill battle. The Daily Bread food bank has a dual mission to feed the need now and talk to every level of government about the opportunity to walk back from the ledge we\u2019re on. Neil talks about recent and upcoming presentations of solutions to government leaders.

[15:34] The risk to a corporation is not having the right people. Are the employees able to feed their kids, is their mental health OK or do they have massive stressors that are not allowing them to focus on the task at hand? Neil works out an example where $50K is inadequate. Without nearby affordable housing, where will the workforce live?\xa0

[18:10] RIMS plug time! RIMS Virtual Workshops: Visit RIMS.org/virtualworkshops to see the full calendar. On March 6th and 7th, our friend Elise Farnham hosts Applying and Integrating ERM. On March 12th and 13th, former RIMS president Chris Mandel hosts, Captives as an Alternate Risk Financing Technique.

[18:37] Information about these workshops and others is on the RIMS Virtual Workshops page and a link to the full calendar is in this episode\u2019s notes.

[18:45] On February 29th, Hub International sponsors Ready for Tomorrow: Protecting Your Profits in the Property Market. On March 7th, in celebration of International Women\u2019s Day, Origami Risk leads the session Women of Risk & Compliance: Leading & Learning One Step at a Time.

[19:06] Visit RIMS.org/Webinars to learn more about these webinars and to register! Links are in the show notes. Webinar registration is complimentary for RIMS members.

[19:20] Quick shout-out to our friends at the Spencer Educational Foundation, which funds the education of next-generation risk management and insurance talent. Spencer\u2019s scholarship program is open but coming to a close on March 1st for Ph.D. applicants.

[19:35] Spencer\u2019s course development grant cycle is entertaining submissions through February 15th. Students and risk management and insurance faculty with interest can visit Spencered.org for additional details.

[20:46] Neil talks about the need to have donations year-round. After the holidays, the selves at food banks tend to get sparse. In July and August, kids are home from school and need to be fed. In July and August, the shelves are bare at the Food Bank. Those are difficult times. It\u2019s an opportunity for you to give back to the community!

[22:14] Justin suggests the hashtag #FoodInFebruary to get social awareness going.

[22:57] The pandemic was revealing to a lot of people who saw lines at food banks very soon. The shutdown happened in the third week of March and the lines started getting very long in April. That one acute shock to the system drove people to food charity.

[23:35]\xa0 It was clear there was a lack of resilience in the population across North America. That should be alarming for legislatures. The Daily Bread Food Bank works hard to raise awareness of food insecurity through media and social media, integrating their research with their food advocacy program.

[24:05] Letting donors know the opportunity to divest their wealth into something that will be fantastic for the community, not only feeding the need now but also looking into decreasing those lineups. How do we change the systemic policies that are resulting in individuals having to make use of a food bank?

[24:45] You can donate food to any food bank, and it\u2019s appreciated. It gives variety to what is distributed to individuals. Bring your company out to volunteer in a food bank. Donating funds allows them to purchase more food at a lower rate. Write a letter to any elected official asking them to tackle food insecurity in the best way they think possible.

[25:57] Everybody listening to this podcast, please have a conversation about this tonight with your family at dinner so we heighten awareness and so elected officials know that they are required to and have the authority to make good things happen.

[26:50] Any organization that is successful in North America has a detailed plan on how they are contributing to the community. Having an ESG strategy is important if you want younger employees to come to your firm. It\u2019s an opportunity for new emerging leaders. Neil quotes Bryan Stevenson \u2014 \u201cThe opposite of poverty is not wealth but justice.\u201d

[27:59] If you\u2019re an employer, a community leader, or an elected official, you have the opportunity to spread justice every single day through the work that you\u2019re doing and how you are developing the culture within your firm or organization.

[28:07] Neil Hetherington, it\u2019s been great to see you again. I\u2019m so glad that we had a chance to reconnect. \u201cWho\u2019s Hungry Report 2023: A Call to Action From a City in Crisis,\u201d is available right now, it\u2019s complimentary, and there\u2019s a link in this episode\u2019s show notes.\xa0

[28:51] Neil hopes people will visit fundthebenefit.ca and push the Canada Disability Benefit. \u201cThank you to everyone who is that positive changemaker!\u201d

[29:31] Special thanks again to Neil Hetherington of the Daily Bread Food Bank for joining us here today on RIMScast. A link to the Daily Bread Food Bank\u2019s site and to its \u201cWho\u2019s Hungry Report 2023\u201d is in this episode\u2019s show notes. Look for the hashtag, #FoodInFebruary. Let\u2019s be trendsetters and help people going through a hard time.

[30:01] Go to the App Store and download the RIMS App. This is an exclusive members-only benefit with all sorts of RIMS resources and coverage. Everybody loves the RIMS App!

[30:26] You can sponsor a RIMScast episode for this, our weekly show, or a dedicated episode. Links to sponsored episodes are in our show notes. RIMScast has a global audience of risk professionals, legal professionals, students, business leaders, C-Suite executives, and more. Let\u2019s collaborate! Contact pd@rims.org for more information.

[31:08] Become a RIMS member and get access to the tools, thought leadership, and network you need to succeed. Visit RIMS.org/membership or email membershipdept@RIMS.org for more information. The RIMS app is a benefit of RIMS membership and is available only for RIMS members! You can find it in the App Store.

[31:33] Risk Knowledge is the RIMS searchable content library that provides relevant information for today\u2019s risk professionals. Materials include RIMS executive reports, survey findings, contributed articles, industry research, benchmarking data, and more.

[31:48] For the best reporting on the profession of risk management, read Risk Management Magazine at RMMagazine.com, and check out the blog at RiskManagementMonitor.com. Justin Smulison is Business Content Manager at RIMS. You can email Justin at Content@RIMS.org.

[32:10] Thank you for your continued support and engagement on social media channels! We appreciate all your kind words. Listen every week! Stay safe!

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Mentioned in this Episode:

RISKWORLD 2024 \u2014 San Diego, CA | May 5 \u2013 8, 2024

NEW FOR MEMBERS! RIMS Mobile App

Spencer Educational Foundation

Spencer Educational Foundation \u2014 Grants Page

RIMS-Certified Risk Management Professional (RIMS-CRMP)

RIMS-CRMP Virtual Workshops

2024 International Risk Manager Survey conducted by FERMA in partnership with PwC FERMA

Who\u2019s Hungry 2023 Report

RIMS Webinars:

Ready for Tomorrow: Protecting Your Profits in the Property Market | Sponsored by Hub International | Feb. 29, 2024