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Corporate Citizenship Strategy

Fri, 06/12/2015 - 4:45pm

Are you responsible for the development or execution of corporate citizenship programs? If yes, this 2 ½ day program can give you the tools to help you construct, align, and focus your corporate citizenship strategy. It has been noted, a long-term perspective, strategic focus, and articulated goals are fundamental to building and sustaining value-focused corporate citizenship programs. This course will help you construct, align, and focus your corporate citizenship strategy learning from the expertise and research from the Boston College for Corporate Citizenship.

Following the completion of this course you will be able to:

• Understand the drivers of strategic corporate citizenship; including business as providers of aid to society, stakeholder expectations, and reputation

• Establish a purpose and goals for your corporate citizenship programs

• Articulate the impact of stakeholder expectations, materiality and the organization’s business objectives on the development and execution of corporate citizenship

This program is designed for corporate citizenship professionals who are ready to develop a strategic approach to their corporate citizenship initiatives.

To register or learn more about this course and others offered by the Boston College Center for Corporate Citizenship click here: http://bit.ly/1EEcu2O

Register by March 25, 2015 to save $200 off the course registration.

Partnership to Help Communities Protect and Care for Children Impacted by Disasters

Thu, 06/11/2015 - 3:54pm

GSK, the National Center for Disaster Preparedness and Save the Children today announced a partnership to protect the millions of children who are at risk of natural or man-made disasters.

Every day, 69 million children spend the day at child care or school. If disaster strikes during that time, 21 states and the District of Columbia lack basic preparedness standards to protect them in schools and child care centers, and 40% of American parents do not have an emergency plan. It took an astounding seven months to reunify the last child after Hurricane Katrina.

Every part of the United States is susceptible to natural disasters such as hurricanes, tornadoes, wildfires and floods, and with the onset of hurricane season comes the question … how can we better protect children and families?

The Resilient Children/Resilient Communities Initiative – funded through a $2 million, three-year grant from GSK – will analyze and recommend procedures, trainings and guidance to help localities shield children from post-disaster devastation.

Emergency response plans often fail to address the specific needs of children and their families before, during and after disasters. Children’s institutions such as child care centers and schools are left out of the equation, and communities may not have the resources and capacity to provide safe, non-traumatic sheltering and displacement services. Studies show that slow recovery can delay the return to normalcy that kids need, and the long-term impact can be devastating.

Over a three-year period, the Resilient Children/Resilient Communities Initiative will develop two pilot programs – one in Washington County, Arkansas, and one in Putnam County, New York. The partnership will guide participating communities through a crisis simulation, and help them develop a sustainable, child-focused action plan. Impact will be measured using the Community Preparedness Index (CPI), an evidence-based measure of community preparedness previously developed by Save the Children in collaboration with NCDP.

“Severe gaps in emergency planning, particularly the lack of the inclusion of children’s critical needs for protection, safeguarding and support, put communities and families across the United States at risk,” said Dr. Irwin Redlener, director of the National Center for Disaster Preparedness. “As severe weather and other disasters wreak havoc on local communities, we hope that community leaders will benefit from guidance on how to incorporate the unique needs of children into their preparation and response plans.”

The initiative will form a National Children Resilience Board (NCRB) that will identify national policies and programs to serve as vehicles for improving preparedness for children nationally. The initiative will also launch a national outreach campaign to educate localities nationwide on how to better care for children following disasters.

“This unique initiative will identify and replicate best practices in preparing organizations that serve children at the community level” said Jeff Schlegelmilch, the Project Director and the Managing Director for Strategic Planning and Operations at the National Center for Disaster Preparedness. “This initiative’s approach of integrating private sector resources with the expertise of academia and non-profits to support sustainable community preparedness is a game-changer in the way we prepare for disasters nationally.”

“GSK is committed to supporting the health of communities where we work and live. It is vital that business, academia and non profits work together to protect those who can’t protect themselves, children. We are proud to be a partner in the Resilient Children/Resilient Communities Initiative, and a part of the solution to ensure our communities and families are prepared to face critical emergencies and disasters.” said Jack Bailey, president, US Pharmaceuticals, GSK.

“When disaster strikes, children are always the most vulnerable,” said Jeanne-Aimee De Marrais, Save the Children’s senior director for U.S. emergencies. “Children have unique needs around their physical safety, but also around their emotional wellbeing and their long-term development, all of which can be severely impacted by disaster. It’s critical that communities do everything they can to protect their youngest residents, well before the worst happens. This project is all about empowering communities to better understand what kind of actions they can now take to protect children from future harm.”

This initiative builds on past work and collaboration between NCDP and Save the Children, both collectively and independently, to assist vulnerable populations in the wake of disasters. It is also part of GSK’s global five-year partnership with Save the Children to help save the lives of 1 million children worldwide.

About NCDP The National Center for Disaster Preparedness at the Earth Institute works to understand and improve the nation’s capacity to prepare for, respond to and recover from disasters. NCDP focuses on the readiness of governmental and non-governmental systems; the complexities of population recovery; the power of community engagement; and the risks of human vulnerability, with a particular focus on children.

About GSK GSK - one of the world’s leading research-based pharmaceutical and healthcare companies – is committed to improving the quality of human life by enabling people to do more, feel better and live longer. As a healthcare company, GSK is working to address and solve some of the most pressing community health challenges because much of what influences health happens outside the doctor’s office, in communities. Factors like preparedness for emergencies and disasters have a major impact on individual health. For further information, go to www.us.gsk.com or follow us on www.twitter.com/GSKUS.

About Save the Children Save the Children invests in childhood – every day, in times of crisis and for our future. In the United States and around the world, we are dedicated to ensuring every child has the best chance for success. Our pioneering programs give children a healthy start, the opportunity to learn and protection from harm. Our advocacy efforts provide a voice for children who cannot speak for themselves. As the leading expert on children, we inspire and achieve lasting impact for millions of the world’s most vulnerable girls and boys. By transforming children’s lives now, we change the course of their future and ours. Learn more about our Get Ready Get Safe preparedness initiative at www.SavetheChildren.org/GetReady.

Cautionary statement regarding forward-looking statements
GSK cautions investors that any forward-looking statements or projections made by GSK, including those made in this announcement, are subject to risks and uncertainties that may cause actual results to differ materially from those projected. Such factors include, but are not limited to, those described under Item 3.D 'Risk factors' in the company's Annual Report on Form 20-F for 2014.

View the Fact Sheet

Financial Solutions Lab SM Announces Winners of $3 Million Cash Flow Management Competition

Thu, 06/11/2015 - 12:50pm

Today the Financial Solutions Lab (“FinLab”) announced nine financial technology innovators as the winners of its $3 million, inaugural competition aimed at identifying solutions that help households better manage their finances on a tight budget. Each winner will receive $250,000 in capital and additional resources to test and expand the availability of their products and services.  Winners are building solutions to help people save, manage their finances, access short-term credit and reduce debt - addressing a financial challenge faced by more than one-third of Americans: cash flow management.  To learn more, visit www.finlab.cfsinnovation.com.

“We are thrilled to be showcasing some of the country’s most promising solutions to a common financial challenge -- that of managing one’s income and expenses on a daily basis,” said Sarah Gordon, Vice President at CFSI.  “We believe this group of winners are not only tackling a salient consumer challenge, but demonstrating that our nation has the talent and the tools to create innovative solutions that can scale in a way to improve Americans’ financial health.”

The FinLab winners were announced in Austin, Texas, at CFSI and American Banker’s EMERGE Conference in front of over 700 financial services industry professionals. They were selected from nearly 300 applicants from across the country and brought to pitch their products in New York City on May 15 in front of a panel of cross-sector experts including leaders from JPMorgan Chase, CFSI, and strategic partners in human-centered design, behavioral economics, and the financial technology industry.

 “Tough problems like managing income volatility need to be addressed by all sectors –technology, nonprofits, academia, and financial services,” said Dalila Wilson-Scott, Head of JPMorgan Chase Foundation. “JPMorgan Chase is committed to being a part of the solution by supporting the Financial Solutions Lab to help all consumers manage their financial lives and achieve their long-term goals.”

The Financial Solutions Lab is a $30 million, five-year initiative managed by the Center for Financial Services Innovation (CFSI) with founding partner JPMorgan Chase & Co. to identify, test and expand the availability of promising innovations that help Americans increase savings, improve credit, and build assets. The FinLab is launching a series of competitions to identify solutions to specific consumer financial challenges. It will provide incentives for entrepreneurs, businesses, and nonprofits to enhance financial products and services that address these challenges and improve consumers’ financial health. 

Meet the Winners

  • Ascend Consumer Finance, Inc. (San Francisco, CA) - Ascend reduces risk on current loans and rewards the borrower by lowering interest payments for positive financial behaviors, such as reducing debt, decreasing credit card spending and increasing savings.
  • Digit (San Francisco, CA) - Digit analyzes a user’s spending habits and automatically allocates available funds from checking to savings.
  • Even (Oakland, CA) - Even turns the inconsistent income of hourly and part-time workers into a steady salary by saving money from above average paychecks (in a separate savings account) and boosting low paychecks automatically.
  • LendStreet (Sunnyvale, CA) - LendStreet is a marketplace-lending platform which helps borrowers reduce their debt and rebuild their credit, and allows investors to buy the loan at a discount.
  • PayGoal by Neighborhood Trust (New York, NY) - PayGoal is a workplace tool that enables financially underserved workers to improve the allocation of wages toward their principal financial goals using a simple, guided mobile experience that leverages behavioral insights.
  • Prism (Bellevue, WA) - Prism is a comprehensive bill payment and management app that helps people across the country better manage their personal finances and pay their bills from their smartphones.
  • Propel (Brooklyn, NY) - Propel's technology simplifies the food stamp application process by streamlining the initial enrollment form, eliminating the hassle of submitting paper documents, and providing a phone-friendly interface.
  • Puddle (San Francisco, CA) - Puddle is a platform for reputation-based borrowing, allowing anyone with a debit card to make small short-term loans to other trusted borrowers.
  • SupportPay (Santa Clara, CA) - SupportPay is an automated child support payment platform that enables parents to share child expenses and exchange child support directly with each other.

These nine organizations represent the next generation of consumer champions. Their winning solutions embrace consumer-friendly design, promote consumer success, build trust, and create opportunity in order to generate mutual benefit for providers and consumers. To learn more about the winners, visit http://bit.ly/1PQ662q

Each winning company will receive capital in a form suited to their needs. In addition to the following benefits:

  • National partnership opportunities to help innovators increase the reach of their products
  • Access to the CFSI network and to JPMorgan Chase expertise
  • Direct, ongoing mentorship from industry leaders
  • Professional services assistance from industry leaders, including CFSI, ideas 42, IDEO.org, Paul Hastings, Promontory Financial and others
  • Peer-learning opportunities, in person and virtually

“The Lab’s first challenge generated an overwhelming amount of interest from applicants and resulted in many high-quality applications,” said Ken Lin, CEO and Founder of Credit Karma, and member of the FinLab’s panel of judges. “We were impressed by the nine winners as premier solutions to help solve consumer cash flow management problems and applaud the efforts of the entrepreneurs to better-serve American consumers.”

The FinLab’s Advisory Council provides overall strategic guidance and resources to competition winners. The Advisory Council is composed of a group of industry leaders from the financial services, technology, academia, and investment community, representing organizations such as Accion Venture Lab, Bill and Melinda Gates Foundation, Core Innovation Capital, Ford Foundation, JPMorgan Chase, IDEO, ideas42, Intuit, Salesforce Foundation, CFED, and more.

In addition to the strategic direction they provide on the FinLab, the Advisory Council will play an integral part in guiding the success of the winning innovations to ensure they meet the needs of consumers and can be made widely available.

About Center for Financial Services Innovation

CFSI is the nation’s authority on consumer financial health. CFSI leads a network of financial services innovators committed to building a more robust financial services marketplace with higher quality products and services. Through its Compass Principles and a lineup of proprietary research, insights and events, CFSI informs, advises, and connects members of its network to seed the innovation that will transform the financial services landscape. For more on CFSI, go to www.cfsinnovation.com and follow on Twitter at @CFSInnovation.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Bright Funds Raises $1.75 Million to Fuel Revenue Growth and Product Innovation

Thu, 06/11/2015 - 12:50pm

Bright Funds, the company that enables employee-empowered workplace giving, today announced that the company closed its Series Seed financing round led by Aspiration Growth. The financing will be used to further accelerate the company’s revenue growth through expanded marketing and sales, enhance its enterprise platform features, and build staff in key areas as its customer base scales. Participating in the round were leading venture investors including: Aspiration Growth, Bloomberg BETA, 10K Investments, Wellspring Growth Partners, Mission & Market, Godfrey Sullivan, and Frank Yeary.

Bright Funds provides a Software-as-a Service offering to companies that connects employees to causes they care about and facilitates more impactful workplace giving. Currently serving over 30,000 people at more than 25 companies, the Bright Funds platform enables employees to choose their causes and give to individual non-profits or exclusively available "funds” comprised of multiple nonprofits. In the last 12 months, Bright Funds has experienced more than five times the growth in number of employees served.

Employees can build personalized portfolios of funds that focus on issues such as poverty, education and the environment. For example, an employee may allocate 60% of her portfolio to water and 40% to education, and in a single transaction of any amount, have her contribution evenly allocated among the carefully selected nonprofits in each respective fund. Currently, over 1.5 million nonprofits are accessible through Bright Funds.

The Bright Funds Enterprise platform integrates seamlessly into payroll and HRIS systems, automating countless manual processes including vetting non-profits, managing employee contributions, automating company matching, and issuing payments to charities, as well as organizing and tracking employee volunteering. The service offers powerful features to support high-impact disaster relief and recovery, US-based giving, international giving, and robust reporting, all while enabling employees to track the progress and impact of their charitable giving. 

“Bright Funds has already established itself as one of the leaders in an exciting, rapidly growing Software-as-a-Service category,” said Ty Walrod, CEO of Bright Funds. “The financial capital and deep knowledge that our Series Seed investors are providing solidify our opportunity to move enterprises large and small beyond the largely transactional employee giving programs in the marketplace today to a much more rewarding experience for employer and employee alike.”

"I'm proud to support Bright Funds and serve on its board," said Joseph N. Sanberg, Co-Founder of Aspiration Growth. "The Bright Funds platform is unlocking substantial potential in charitable giving power to companies and their employees, and raising awareness of how businesses can do better by having a positive impact on the world."  

“Bright Funds has an easy to deploy and operationally solid service that employers can trust to implement their employee giving program,” said Michael Coors of 10K investments. “That foundation plus their unique features such as the ability to give to funds comprised of multiple nonprofits drive the greatest opportunity for employee engagement and satisfaction.” 

“Today’s employees increasingly value working at companies that care about purpose in addition to profit,” said Frank Yeary. “By eliminating the complexity previously associated with matching gifts, Bright Funds empowers employees to take the kind of mission-driven actions that deliver greater fulfillment and a sense of community within its clients.”

“Bright Funds is the latest evolution in consumerization of the enterprise, addressing a massive market,” said Michael Tedesco of Wellspring Growth Partners. “It’s intuitive, user-centric application will have delighted employees wondering how they managed their charitable giving before Bright Funds.”

"In my corporate career I have witnessed the inefficiencies of traditional donation solutions, and what Bright Funds does is to apply great product sense to drastically simplify the way corporates give, said Stefano Bernardi of Mission and Market. “That's exactly the type of companies we set out to fund when we launched Mission and Market."

 

About Bright Funds
San Francisco-based Bright Funds was founded to help leading companies and their employees change the world through impactful social good programs, and in doing so, make their businesses more successful. Employees, recruits, customers, and investors appreciate companies that use the Bright Funds platform for employee-empowered workplace giving programs. Learn how you can invest in a better world at www.brightfunds.org and follow @brightfunds on Twitter.

Morgan Stanley Extends Commitment to Sustainable Investing with Its Inaugural Green Bond

Wed, 06/10/2015 - 6:30pm

Morgan Stanley announced today that it has closed on the issuance of a $500 million green bond, the Firm’s inaugural green bond and the latest step in the Firm’s ongoing strategy to advance market-based solutions to social and environmental challenges. Since 2006, the Firm has facilitated over $61 billion of capital for clean tech and renewable energy businesses.

Funds equal to the net proceeds of Morgan Stanley’s green bond will be allocated to various renewable energy and energy efficiency projects. A substantial amount of these funds will correspond with investments in existing and future third-party renewable energy projects, primarily wind farms, including Route 66 Wind, a 150 MW wind farm under construction in Texas, and Rattlesnake Wind Energy Center, a 207 MW wind power project also under construction in Texas.  

Ahead of this offering, Morgan Stanley created a green bond framework that is aligned with the Green Bond Principles. The framework describes the process through which projects are selected to receive funding, with the aim of ensuring that the Morgan Stanley green bond operates with high levels of transparency, disclosure and verification. Proceeds from the sale of the notes will be deposited into a segregated Morgan Stanley account for tracking disbursements. Morgan Stanley’s green bond has received a comprehensive review from an independent certification expert in renewables and energy efficiency, and an independent accountant will report with respect to stated disbursements. Project updates and impact-focused reporting for this issuance will be made available on a dedicated website.

“Our work as an underwriter of green bonds has already helped direct billions of dollars towards environmentally and socially responsible projects, and it is rewarding to now issue our own green bond supporting projects that generate positive environmental impact. Our green bond includes an independent review from a certification expert, impact-focused reporting and an independent accountant report,” said Celeste Mellet Brown, Global Treasurer.

Morgan Stanley has been a pioneer in green bonds, underwriting transactions globally for multilateral development banks, corporates, agencies and municipalities. Several of these transactions have included notable industry landmarks, including the first-ever corporate green bond, the first-ever automobile asset-backed securities green bond and the first-ever U.S. university green bond. Since 2013, Morgan Stanley has led 27 green bond transactions representing over $15 billion in aggregate principal amount. Morgan Stanley is also a founding signatory of the Green Bond Principles, which are voluntary guidelines for the development and issuance of green bonds, encouraging transparency, disclosure and integrity in the development of the green bond market.

Morgan Stanley’s green bond is part of the Firm’s broader commitment to sustainable finance. In 2013, Morgan Stanley established the Institute for Sustainable Investing to accelerate the mainstream adoption of sustainable investing by developing industry-leading insights and scalable finance solutions to address global challenges. In addition, Morgan Stanley Wealth Management’s Investing with Impact Platform provides individual and institutional investors with a wide range of sustainable investing products. Through the Platform, Morgan Stanley financial advisors are able to identify opportunities that support specific social and environmental benefits without compromising financial performance potential.

“Morgan Stanley is committed to helping clients develop and pursue sustainable investing solutions, like green bonds, that can address social and environmental challenges at scale,” said Morgan Stanley Institute for Sustainable Investing CEO Audrey Choi. “Through the Institute for Sustainable Investing and our Investing with Impact Platform, Morgan Stanley is well-positioned to meet the growing demand for quality sustainable investing products.”

Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in more than 43 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com. The Morgan Stanley Institute for Sustainable Investing seeks to mobilize capital to address pressing global challenges and identify market-based, scalable solutions. For more information about the Morgan Stanley Institute for Sustainable Investing, visit www.morganstanley.com/sustainableinvesting.

Please note that there is currently no standard definition of green bond. Without limiting any of the statements contained herein, Morgan Stanley makes no representation or warranty as to whether a bond constitutes a green bond, unless otherwise specified by Morgan Stanley, or whether a bond conforms to investor expectations or objectives for investing in green bonds. For information on characteristics of a specific green bond, use of proceeds, a description of applicable projects and/or any other relevant information about the bond, please reference the offering documents for the bond.

All material in this press release prepared by Morgan Stanley Smith Barney LLC and/or Morgan Stanley & Co. LLC, Members SIPC (hereinafter "Morgan Stanley") has been prepared for informational purposes only and is not a solicitation of any offer to buy or sell any security or other financial instrument or to participate in any trading strategy. Unless otherwise stated, the material was not prepared by the Morgan Stanley Research Department and is not a Research Report as defined under FINRA regulations. The material does not provide individually tailored investment advice. It has been prepared without regard to the individual financial circumstances and objectives of persons who read it. Readers should determine, in consultation with their own investment, legal, tax, regulatory and accounting advisors, the economic risks and merits, as well as the legal, tax, regulatory and accounting characteristics and consequences, of any transaction or strategy referenced in any materials. The appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives. Morgan Stanley, its affiliates and Morgan Stanley Financial Advisors do not provide tax, accounting or legal advice. Individuals should consult their tax advisor for matters involving taxation and tax planning and their attorney for matters involving legal matters. The material may contain forward looking statements and there can be no guarantee that they will come to pass.

Information contained in the material is based on data from multiple sources and Morgan Stanley makes no representation as to the accuracy or completeness of data from sources outside of Morgan Stanley. References to third parties contained herein should not be considered a solicitation on behalf of or an endorsement of those entities by Morgan Stanley. Morgan Stanley is not responsible for the information contained on any third party web site or your use of or inability to use such site, nor do we guarantee its accuracy or completeness. The terms, conditions, and privacy policy of any third party web site may be different from those applicable to your use of any Morgan Stanley web site. The opinions expressed by the author of an article written by a third party are solely his/her own and do not necessarily reflect those of Morgan Stanley. Professional designations mentioned in the articles may or may not be approved for use at Morgan Stanley. The information and data provided by any third party web site or publication is as of the date of the article when it was written and is subject to change without notice.

© 2015 Morgan Stanley. All rights reserved.

High School Student Funds Creative Problem Solving Programs Across The Country

Wed, 06/10/2015 - 12:06pm

Two Texas schools and one Florida middle school were the winners of the first “Big Problems Big Ideas” competition, a national program launched by The Taylor Wilson Thompson Family Foundation to encourage students to propose solutions to some of the issues that continue to challenge schools across the country.  The three winning schools each received $3,000 from the Foundation, which is run by Taylor Thompson, a senior at Francis W. Parker School in Chicago.  Thompson also conceived of the “Big Problems Big Ideas” competition.

“I want people of my generation to know that we can make positive change in our society, because what we have to say is valuable, insightful and powerful,” said Thompson.  “Through the ‘Big Problems, Big Ideas competition,’ I hope I can facilitate and spark some of that change.”

After submitting initial applications, nine schools representing eight states were invited to participate in the competition by submitting a proposal. Each proposal had to define, research and analyze a problem, present solutions and develop a plan for implementing the best solution for their particular school.  Each of the nine schools received a $1,000 grant for their proposal. 

Brownsville Early College High School of Brownsville, Texas won the high school competition with a submission on improving sexuality education in order to empower teens to make knowledgeable decisions regarding their sexual health.  There were also two winners at the middle school level, the Eugene Butler Middle School in Jacksonville, Florida with a project entitled "Be the Change: Putting an End to Violence and Bullying" and the Bertha Sadler Means Young Women's Leadership Academy in Austin, Texas for a project addressing the need to improve negative body image.

"We are so thankful for the support of Taylor Thompson and her foundation, this has been a real change event for our students," said Ivette Savina, principal of the Bertha Sadler Means Young Women's Leadership Academy. The school’s winning project, “Real Beauty Campaign,” included a school-wide assembly to kick off "Real Beauty Week,” an event that received local media attention.

Thompson plans to hold the “Big Problems Big Ideas” competition annually. 

Since 2013, The Taylor Wilson Thompson Family Foundation has focused on helping young people identify and develop their leadership potential. Over the past three years, the foundation has partnered with schools, teachers and administrators to help give voice to students’ ideas through analytical problem solving activities. For more information on the foundation, visit TWTFF.org

SustainAbility’s Engaging Stakeholders Network Announces European Annual Workshop & Research Topic

Wed, 06/10/2015 - 8:45am

SustainAbility’s Engaging Stakeholders (ES) network is a global group of thirty leading companies dedicated to advancing transparency and stakeholder engagement in pursuit of a more sustainable world. We are currently inviting leadership companies to join the membership and attend the 2015 ES workshop in Europe.

Each year the network holds member workshops in the US and Europe, providing an opportunity for peer-to-peer learning and an exploration of key trends and topics relating to transparency, accountability and reporting. SustainAbility is pleased to announce that member company Royal Dutch Shell will hold the European workshop at its headquarters in The Hague, The Netherlands in November.

At the European workshop, SustainAbility will present findings from an in-depth, year-long research project developed by SustainAbility’s research team and members of the network who contribute to and shape the research alongside the SustainAbility team. Last year the network explored the topic of transparency and published a report, See Change: How Transparency Drives Performance.

This year the network will focus on the topic of integration. “The integration of sustainability issues into core business strategy and operations is fundamental to a sustainable future. Our 2015 research will provide valuable guidance to companies attempting such integration in pursuit of better sustainability outcomes,” says Mark Lee, Executive Director of SustainAbility.

We will explore a number of questions under the 2015 theme including:

  • What is the business case for integrating sustainability into core business?

  • How can companies break through barriers and further embed sustainability?

  • What is the role of a CSR team in an integrated future?  

The findings from this research will be presented at the workshop.

About the Engaging Stakeholders Network
The Engaging Stakeholders network offers insight on the latest transparency trends, risks and opportunities and empowers members to improve and leverage transparency efforts to drive performance and build credibility. Member companies share ideas and questions through members-only webinars, peer calls and in-person roundtables and gain expert advice from SustainAbility colleagues and external thought leaders. Current members include: AstraZeneca, Coca Cola Enterprises, Disney, HP, Itaú Unibanco, Nestlé, Novelis, Royal Dutch Shell, Starbucks and Volkswagen.

If you are interested in learning more about joining the Engaging Stakeholders network and participating in our upcoming workshops, please visit our website or contact SustainAbility Manager Margo Mosher: stakeholders@sustainability.com

AMD Publishes 20th Anniversary Corporate Responsibility Report

Tue, 06/09/2015 - 11:07am

Demonstrating a legacy of dedication to transparency and shared responsibility for the betterment of the environment and society, AMD (NASDAQ: AMD) today released its 2014 and 20th anniversary corporate responsibility (CR) report and summary magazine. Since 1995, AMD has continually evolved its responsibility reporting to reflect changes in the scope of CR and increase stakeholder value. Today the company announced another step forward with the launch of a new, CR-focused online hub to provide easy access to frequently updated CR information on areas of shared interest, including labor rights, community engagement, and environmental stewardship.

“It is important to recognize how our commitment to corporate responsibility affects our employees,” said AMD president and CEO Dr. Lisa Su. “AMD employees around the world are motivated by working for a responsible company and designing products that help change the world. Therefore, by helping others, we help ourselves and inspire AMDers to push the boundaries of what is possible.”

Report Highlights

Supporting Resources 

 

About AMD
AMD (NASDAQ: AMD) designs and integrates technology that powers millions of intelligent devices, including personal computers, tablets, game consoles and cloud servers that define the new era of surround computing. AMD solutions enable people everywhere to realize the full potential of their favorite devices and applications to push the boundaries of what is possible. For more information, visit www.amd.com.

 

AMD, the AMD Arrow logo, and combinations thereof, are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners.

AMD 2014 Corporate Responsibility Report

Tue, 06/09/2015 - 11:07am

Global Sustain Participation in International Events

Tue, 06/09/2015 - 11:07am

Ethical Corporation recently organised a very successful, largely attended two- day conference, the 14th Annual Responsible Business Summit under the theme “Embed sustainable innovation into your business model”. The conference took place from 18 to 19 May 2015, in London.

The Responsible Business Summit is Europe’s one-stop shop for answers to the key issues and opportunities faced in sustainability. Over 300 attendees from 15 industries addressed some of the crucial topics, including: sustainable innovation, collaboration, resource efficiency and brand strategies.

At the same period, Edie, a market-leading information resource regarding sustainability, organised the 3rd Sustainability Communications Forum in London. The one-day event offered inspiration and practical guidance to attendees, ensuring that companies’ sustainability communications effectively engage external and internal stakeholders and enhance corporate image and branding. 

Both events were supported by major organisations and media outlets. Global Sustain was one of the official Media Partners of the Summit and one of the Supporters of the Forum.    

Michael Spanos, Managing Partner of Global Sustain, participated in both events in order to assist Global Sustain members to communicate their values, vision, activities, sustainability and corporate profiles to a targeted global audience of key stakeholders. Michael quoted: “Global Sustain is committed to supporting its growing network of members in their path towards sustainability, while at the same time facilitating synergies, exploring opportunities and informing stakeholders world-wide on the latest sustainability and CSR news and events. It is therefore of utmost importance that we pro-actively communicate, support and, where possible, participate in international events, conferences and awards that focus on themes such as responsible investing, anti-corruption, sustainable and responsible entrepreneurship, communications and sustainability best practices.”

 

About Ethical Corporation

Ethical Corporation’s mission is to help businesses around the globe do the right thing by their customers and the world. We believe this is not only how to guarantee a future for all, but makes good business sense. We serve CSR, compliance, risk and governance communities with topical and insightful business intelligence and meeting places. We provide business intelligence to more than 3,000 multinational companies every year. Our customers are also NGOs, think-tanks, academia, governments and consultancies. We publish the leading responsible business magazine, website, and research reports. Our conferences are widely recognised as the best in the field. http://www.ethicalcorp.com/ 

About Edie

Edie delivers daily news and commentary, expert advice and business tools, downloadable industry reports and white papers, access to video and webinars, opt-in daily and weekly newsletters, recruitment news and a comprehensive directory of sustainability suppliers via our online portal edie.net, as well as a year-round portfolio of high-level business conferences, award ceremonies and an annual flagship exhibition. We provide our audiences with a single, trusted source of information, delivering coherent, multi-platform content 365 days a year. Edie delivers the information and insight you need to do business better. http://www.edie.net/

Novo Nordisk #15 on Top Green Companies in the World

Tue, 06/09/2015 - 11:07am

In one of the foremost assessments of corporate environmental performance, Novo Nordisk moved up 12 places to rank #15 on the 2015 Newsweek Green Rankings. Newsweek Green Rankings rate the world’s largest companies on corporate sustainability and environmental impact.

Novo Nordisk has previously been recognised for its strong and consistent sustainability performance by the Corporate Knights Global 100 Most Sustainable Companies index and was also the first pharmaceutical company in the world to publish an Environmental Profit and Loss (E P&L) account. An E P&L is a way to place a monetary value on the environmental impacts of an organisation and its supply chain and goes beyond what is accounted for in existing financial disclosures.

Newsweek Green Rankings are done in partnership with Corporate Knights CapitalHIP (Human Impact + Profit) Investor Inc., and leading sustainability minds from nongovernmental organizations and the academic and accounting communities.

The full 2015 results can be found online at: http://www.newsweek.com/green-2015.

Newsweek Green Rankings Methodology
The U.S. 500 consists of the 500 largest publicly-traded companies headquartered in the U.S. by market capitalization as at 31 December 2014. The Global 500 consists of the 500 largest publicly-traded companies in the world by market capitalization as at 31 December 2014.

Data is obtained from primary sources including annual reports, audited financial statements, proxy statements and sustainability reports. Secondary data is obtained from HIP Investor, Bloomberg and the CDP. All companies are contacted for data verification once all available items of data have been obtained.

For more information about the methodology, please see: http://s.newsweek.com/sites/www.newsweek.com/files/newsweek-green-rankings-final-methodology_2015.pdf

SustainAbility’s Engaging Stakeholders Network Announces Annual Workshops & Research Topic

Tue, 06/09/2015 - 11:07am

SustainAbility’s Engaging Stakeholders (ES) network is a global group of thirty leading companies dedicated to advancing transparency and stakeholder engagement in pursuit of a more sustainable world. We are currently inviting leadership companies to join the membership and attend the 2015 ES workshop in the US.

Each year the network holds member workshops in the US and Europe, providing an opportunity for peer-to-peer learning and an exploration of key trends and topics relating to transparency, accountability and reporting. SustainAbility is pleased to announce that member company Starbucks will host the US workshop at its headquarters in Seattle, Washington in October.

At the US workshop, SustainAbility will present findings from an in-depth, year-long research project developed by SustainAbility’s research team and members of the network who contribute to and shape the research alongside the SustainAbility team. Last year the network explored the topic of transparency and published a report, See Change: How Transparency Drives Performance.

This year the network will focus on the topic of integration. “The integration of sustainability issues into core business strategy and operations is fundamental to a sustainable future. Our 2015 research will provide valuable guidance to companies attempting such integration in pursuit of better sustainability outcomes,” says Mark Lee, Executive Director of SustainAbility.

We will explore a number of questions under the 2015 theme including:

  • What is the business case for integrating sustainability into core business?

  • How can companies break through barriers and further embed sustainability?

  • What is the role of a CSR team in an integrated future?   

The findings from this research will be presented at the workshop.

About the Engaging Stakeholders Network
The Engaging Stakeholders network offers insight on the latest transparency trends, risks and opportunities and empowers members to improve and leverage transparency efforts to drive performance and build credibility. Member companies share ideas and questions through members-only webinars, peer calls and in-person roundtables and gain expert advice from SustainAbility colleagues and external thought leaders. Current members include: AstraZeneca, Coca Cola Enterprises, Disney, HP, Itaú Unibanco, Nestlé, Novelis, Starbucks and Volkswagen. 

If you are interested in learning more about joining the Engaging Stakeholders network and participating in our upcoming workshops, please visit our website or contact SustainAbility Manager Margo Mosher: stakeholders@sustainability.com

Keurig Green Mountain, Inc. Ranked Near Top of U.S. Companies in 2015 Newsweek Green Rankings

Mon, 06/08/2015 - 6:58pm

Keurig Green Mountain, Inc., (Keurig) (NASDAQ: GMCR), a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, is proud to report it has been ranked 14th among the 500 largest publicly-traded U.S. companies on environmental performance in a study done for Newsweek magazine. Keurig jumped to #14 from its #132 ranking in 2014. 

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance. Based on research from Corporate Knights Capital, along with a “Green Revenue” score powered by HIP (Human Impact + Profit) Investor Inc., the project features eight indicators that are used to assess and measure environmental performance.

“Sustainability is an essential and integral element of Keurig’s culture, values, and business performance,” says Monique Oxender, Keurig’s Chief Sustainability Officer. “Newsweek’s Green Rankings recognize our environmental accomplishments, with a focus on the efficient use of resources in our operations. We’re pleased to be rated highly amid so many large and respected companies, and it inspires us to continue to tackle the challenges that lie ahead.”

More information about Keurig Green Mountain’s sustainability practices and performance is available on the company’s website: http://www.keuriggreenmountain.com/en/Sustainability/ReportsAndDisclosures/Reports.aspx

About Keurig Green Mountain, Inc.
As a leader in specialty coffee, coffee makers, teas and other beverages, Keurig Green Mountain (NASDAQ: GMCR), is recognized for its award-winning beverages, innovative brewing technology, and socially responsible business practices. The Company has inspired consumer passion for its products by revolutionizing beverage preparation at home and in the workplace. Keurig supports local and global communities by investing in sustainably-grown coffee and by its active involvement in a variety of social and environmental projects. By helping consumers drink for themselves, we believe we can brew a better world. For more information visit: www.KeurigGreenMountain.com. To purchase Keurig® products visit: www.Keurig.com or www.Keurig.ca.

Keurig routinely posts information that may be of importance to investors in the Investor Relations section of its website, www.KeurigGreenMountain.com, including news releases and its complete financial statements, as filed with the SEC. The Company encourages investors to consult this section of its website regularly for important information and news. Additionally, by subscribing to the Company's automatic email news release delivery, individuals can receive news directly from Keurig as it is released.

Keurig Green Mountain, Inc. Ranked Near Top of U.S. Companies

Mon, 06/08/2015 - 3:40pm

Keurig Green Mountain, Inc., (Keurig) (NASDAQ: GMCR), a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, is proud to report it has been ranked 14th among the 500 largest publicly-traded U.S. companies on environmental performance in a study done for Newsweek magazine. Keurig jumped to #14 from its #132 ranking in 2014. 

The Newsweek Green Rankings are one of the world’s most recognized assessments of corporate environmental performance. Based on research from Corporate Knights Capital, along with a “Green Revenue” score powered by HIP (Human Impact + Profit) Investor Inc., the project features eight indicators that are used to assess and measure environmental performance.

“Sustainability is an essential and integral element of Keurig’s culture, values, and business performance,” says Monique Oxender, Keurig’s Chief Sustainability Officer. “Newsweek’s Green Rankings recognize our environmental accomplishments, with a focus on the efficient use of resources in our operations. We’re pleased to be rated highly amid so many large and respected companies, and it inspires us to continue to tackle the challenges that lie ahead.”

More information about Keurig Green Mountain’s sustainability practices and performance is available on the company’s website: http://www.keuriggreenmountain.com/en/Sustainability/ReportsAndDisclosures/Reports.aspx

About Keurig Green Mountain, Inc.
As a leader in specialty coffee, coffee makers, teas and other beverages, Keurig Green Mountain (NASDAQ: GMCR), is recognized for its award-winning beverages, innovative brewing technology, and socially responsible business practices. The Company has inspired consumer passion for its products by revolutionizing beverage preparation at home and in the workplace. Keurig supports local and global communities by investing in sustainably-grown coffee and by its active involvement in a variety of social and environmental projects. By helping consumers drink for themselves, we believe we can brew a better world. For more information visit: www.KeurigGreenMountain.com. To purchase Keurig® products visit: www.Keurig.com or www.Keurig.ca.

Keurig routinely posts information that may be of importance to investors in the Investor Relations section of its website, www.KeurigGreenMountain.com, including news releases and its complete financial statements, as filed with the SEC. The Company encourages investors to consult this section of its website regularly for important information and news. Additionally, by subscribing to the Company's automatic email news release delivery, individuals can receive news directly from Keurig as it is released.

Measurable Progress on Corporate Sustainability

Mon, 06/08/2015 - 3:40pm

 Motorola Solutions (NYSE: MSI) released its 2014 Corporate Responsibility Report today and marked significant progress in its investments in employees and communities and in reducing the company’s overall carbon footprint. The report reflects the company’s commitment to responsible practices and continuous improvement to become a more sustainable company.

“Our measurable progress on many environmental metrics reflects the dedication and professionalism of all Motorola Solutions employees,” said Terry Bell, vice president, Environment, Health and Safety Solutions. “The 2014 report gives us a report card on the progress made in managing our environmental impact and being a positive force in the communities where we do business around the world.”

The report shows that in 2014, the company:

  • Reduced its carbon footprint by 36 percent, used 30 percent less water and cut total waste by 17 percent compared with 2013 totals

  • Collected 572 metric tons of electronic equipment waste for recycling through “take-back” programs

  • Used renewable energy sources for 47 percent of its power in the U.S., as it continues to aim for a global goal of 30 percent of power coming from green sources

  • Encouraged more than 3,500 employees to participate in 275 volunteer projects that resulted in more than 80,000 hours of volunteer work for schools and other charitable organizations

  • Along with the Motorola Solutions Foundation, contributed more than $14.5 million in cash and product donations, including $6 million in grants supporting educational programs

  • Invested $9.2 million in development of its employees compared with $7.5 million in 2013

  • Continued its leadership in building solutions surrounding mineral sourcing that funds illegal armed groups in the Democratic Republic of the Congo and other central Africa countries, working with industry peers to double the number of smelters in its supply chain that are verified as conflict free

  • Received accolades from multiple corporate responsibility rankings organizations, including the Dow Jones Sustainability Index and Corporate Responsibility magazine’s 100 Best Corporate Citizens

“Through our charitable giving and our employee volunteers, we make a positive impact in schools and cities,” said Matt Blakely, executive director of the Motorola Solutions Foundation. “The foundation’s investments in education encourage the innovators of tomorrow, and our grants for public safety make the world safer through cooperation with hundreds of charitable partners, many of them supported by our employee volunteers.”


Read the 2014 Corporate Responsibility Report

Learn more at www.motorolasolutions.com/responsibility

About Motorola Solutions
Motorola Solutions (NYSE: MSI) creates innovative, mission-critical communication solutions and services that help public safety and commercial customers build safer cities and thriving communities. For ongoing news, visit www.motorolasolutions.com/newsroom or subscribe to our news feed.

CA Technologies Hosts Clinton Global Initiative America STEM Event and Grows Tech Girls Rock Program with Boys & Girls Clubs of America

Mon, 06/08/2015 - 12:36pm

Tonight, CA Technologies (NASDAQ:CA) will host “STEM on Tap: An Evening of Mind-Bending Trivia and Beer Education” at Denver Beer Co. This CGI America Topic Dinner will bring together business, government and nonprofit leaders to network and discuss their shared commitment to creating opportunities to advance STEM (science, technology, engineering and math) learning.

The event will highlight the expansion of Tech Girls Rock, a 2011 CGI America Commitment to Action by CA Technologies created in partnership with Boys & Girls Clubs of America (BGCA).

Tech Girls Rock takes aim at the declining rate of women who are pursuing degrees in tech-related fields (12 percent of computer science graduates in 2012 compared to 37 percent in 1985, according to the National Center for Women in Technology) and matriculation into the technology workforce. The U.S. Department of Labor, Bureau of Labor Statistics reports that women make up 58 percent of the U.S. workforce, but only 25 percent of the computing workforce.

CA Technologies CEO Mike Gregoire touted Tech Girls Rock as one of the many ways the company is working to encourage young women to discover an interest in STEM-related educational and career opportunities.     

“CA Technologies is committed to promoting gender diversity and actively supports the advancement of women in technology through partnerships and programs like our Tech Girls Rock initiative with Boys & Girls Clubs of America,” Gregoire said. “This is not just an issue for women, but an incredibly important factor in driving growth and development in the IT industry.”

At the workshops, tween and teen participants engage in hands-on, technology-focused challenges and activities to encourage creativity, and work closely with CA Technologies employee volunteers.

“Building excitement for Club youth around STEM subjects is a top priority for Boys & Girls Clubs of America,” said Jim Clark, President & CEO, BGCA. “Through programs like our Tech Girls Rock initiative with CA Technologies we are providing young women with an opportunity to engage with technology in a fun and interactive environment, pairing them with IT professionals who can share their personal experiences and provide encouragement.”

Tech Girls Rock evolved from a long-standing partnership between CA Technologies and BGCA and incorporates two core focus areas for CA Technologies: the advancement of STEM learning for underserved youth and the advancement of women in IT. 

BGCA serves nearly four million youth through Club membership and community outreach annually, of which 45 percent are young women. Tech Girls Rock is part of BGCA‘s strategy aimed at ensuring all members graduate from high school on time and are equipped for a post-secondary education and a 21st-century career.

Since Tech Girls Rock kicked off, CA Technologies employees have led workshops at BGCA locations in Atlanta, GA; Austin, TX; Bellevue, WA; Boston, MA; Chicago, IL; Las Vegas, NV; Manassas, VA; New York, NY; Plano, TX; Raleigh, NC; San Jose, CA; San Francisco, CA; Saint Paul, MN; San Jose, CA; Scottsdale, AZ; and Tampa, FL (photos at links).

CA Technologies has partnered with BGCA since 2005 and provided more than $10 million in monetary and software contributions.

Learn more about the commitment by CA Technologies to advance STEM learning in these videos:

 

About CGI America

The Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement solutions to the world’s most pressing challenges. Established in June 2011 by President Bill Clinton, the Clinton Global Initiative America (CGI America) addresses economic recovery in the United States. CGI America brings together leaders in business, government, and civil society to generate and implement commitments to create jobs, stimulate economic growth, foster innovation, and support workforce development in the United States. Since its first meeting, CGI America participants have made more than 400 commitments, which have improved the lives of nearly 1.4 million people.

CGI also convenes an Annual Meeting, which brings together global leaders to take action and create positive social change, CGI University (CGI U), which brings together undergraduate and graduate students to address pressing challenges in their community or around the world, and, this year, CGI will also convene CGI Middle East & Africa, which will bring together leaders across sectors to take action on pressing social, economic, and environmental challenges. For more information, visit clintonglobalinitiative.org and follow us on Twitter @ClintonGlobal and Facebook at facebook.com/clintonglobalinitiative.

 

About Boys & Girls Clubs of America

For more than 100 years, Boys & Girls Clubs of America (GreatFutures.org) has enabled young people most in need to achieve great futures as productive, caring, responsible citizens. Today, more than 4,100 Clubs serve nearly 4 million young people annually through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. They provide a safe place, caring adult mentors, fun, friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Priority programs emphasize academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta. Learn more at bgca.org/facebook and bgca.org/twitter.

 

About CA Technologies

CA Technologies (NASDAQ: CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at ca.com.

Follow CA Technologies

Legal Notices

Copyright © 2015 CA, Inc. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.

Subaru of America Announces Next Round of Pet Safety Product Crash Testing Through Partnership With Center for Pet Safety

Fri, 06/05/2015 - 4:34pm

Subaru of America, Inc. today announced its continued support of pet safety and crash testing of pet safety products through its partnership with the Center for Pet Safety (CPS), a registered 501(c)(3) non-profit research and consumer advocacy organization. With 56% of American pet owners traveling with their pets and one in five admitting to traveling with a pet in their lap, Subaru believes in making pet parents aware of safety risks. To help promote the safety of these beloved companions, Subaru will fund CPS’s testing of pet crates and small carriers in crash situations. The study, designed by CPS, will include an investigation of crate connection options for pet owners who travel with their pets, as well as examine crate and carrier structural integrity, and gather data necessary to formulate testing and crate performance standards.

The partnership continues the work that began in 2013 with the testing by CPS of pet harnesses. The resulting Harness Crashworthiness Study uncovered major differences in performance of popular pet restraints, with many resulting in catastrophic failure that could cause serious injury to both the pet and vehicle passengers. The goal of the study was to highlight the importance of driving safely with pets and to complete the first formal test protocol and independent ratings guidelines for pet travel harnesses, published by CPS in 2014. Results can be viewed at www.CenterforPetSafety.org; to view video of the crash testing visit https://www.youtube.com/watch?v=-2W_AonRlnc.

“We want to make pet parents aware of proper safety measures they can take to help protect their pets. Following the previous study with CPS, we were delighted to support this next stage in testing,” said Michael McHale, Subaru's director of corporate communications. “Pet safety is very important to Subaru as more than half of Subaru drivers are pet owners, with over 69% of them owning at least one dog. We feel a sense of responsibility to inform pet parents of safety measures they can take.”

Subaru and CPS will once again enlist MGA Research Corporation, an independent National Highway Traffic Safety Administration (NHTSA) contracted testing laboratory, to conduct rigorous crash testing on commonly available pet safety products using realistic, specially-designed crash test dogs. The results, including a crate sizing guide and best practice for securing pets in vehicles, will be shared later this summer.

“No performance standards or test protocols currently exist in the U.S. for pet crates or carriers, and while many pet safety product manufacturers claim to test their products, they can’t be substantiated without uniform test standards and protocols,” said Lindsey Wolko, Center for Pet Safety’s founder and CEO. “We are very excited to once again have the support of Subaru, allowing the independent examination of pet crates and carriers. Subaru understands the importance of safety of all passengers including our four-legged friends.”

The Center for Pet Safety is not affiliated with the pet product industry. The organization uses scientific testing and references Federal Motor Vehicle Safety Standards to study pet products and establish criteria and test protocols to measure whether pet safety products provide the protection claimed by advocates and intended by the manufacturer.

About the Center for Pet Safety

The Center for Pet Safety (CPS) is a 501(c)(3) non-profit research and advocacy organization dedicated to consumer and companion animal safety. Based in the Washington, D.C. Metropolitan area, the Center for Pet Safety’s mission is to have an enduring, positive impact on the survivability, health, safety and well-being of companion animals and the consumer through scientific research and product testing. For additional information visit www.CenterforPetSafety.org.

About Subaru of America, Inc.

Subaru of America, Inc. is a wholly owned subsidiary of Fuji Heavy Industries Ltd. of Japan. Headquartered at a zero-landfill office in Cherry Hill, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of more than 620 retailers across the United States. All Subaru products are manufactured in zero-landfill production plants, and Subaru of Indiana Automotive, Inc. is the only U.S. automobile production plant to be designated a backyard wildlife habitat by the National Wildlife Federation. For additional information, visit media.subaru.com.

Carnival Corporation Launches New Brand, Creates New Travel Category for Social Impact

Fri, 06/05/2015 - 4:34pm

 Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest travel and leisure company, today launched a new brand called fathom™, defining a new travel category it is calling “social impact travel,” that will offer consumers authentic, meaningful impact travel experiences to work alongside locals as they tackle community needs. What sets fathom apart is the long-term, systematic partnership approach with its partner countries paired with the unique business model that allows for sustained impact and lasting development. fathom’s scale and global vision reach beyond what the world has ever seen.  

The company’s first destination will be the Dominican Republic, a country known for its spectacular beauty but also a country where the average household income is approximately $6,000 USD a year and more than two million Dominicans do not have access to piped water.

fathom will operate as a standalone brand, the 10th global brand in the Carnival Corporation family.

Beginning in April 2016, fathom will embark on seven-day voyages from PortMiami aboard the MV Adonia, a 710-passenger vessel redeployed from Carnival Corporation’s P&O Cruises (UK) for the start-up of the new operation. Depending on their passions, interests and skills, travelers will have the opportunity to choose from a range of social impact activities and experiences both onboard and onshore.

Travel That Creates Enduring, Transformative Social Impact

“fathom will cater to a growing market of consumers who want to have a positive impact on people’s lives, and aren’t always sure where to begin,” said Arnold Donald, CEO of Carnival Corporation. “We believe travel is a meaningful way to allow for personal growth while making purposeful and engaging contributions to the world. We are so pleased that fathom will give travelers a unique opportunity to work alongside local people as part of a larger scale effort that will demonstrably improve lives. Both our travelers and the local citizens will learn and benefit from the opportunity to serve together.”

Donald brought in a non-traditional, social entrepreneur, Tara Russell, Founder and Chairman of Create Common Good (www.createcommongood.org), a food production social enterprise, to lead this effort. Russell will serve as President of fathom and as Global Impact Lead for Carnival Corporation. Russell established and led the team that has been working on the design and business model for fathom since late 2013.

“We created fathom to meet the real hunger in the world for purpose, while at the same time tackling profound social issues through a sustainable business model,” said Russell. “We harness the assets and resources of the world’s largest travel and leisure company and combine them with the talents and hearts of those working in social enterprises around the world.

“Travelers will work in partnership with proven, trusted local organizations on the ground to amplify their missions for far greater, sustained impact,” Russell said. “Because fathom will bring hundreds of travelers to a destination on a regular basis, fathom can achieve focused and holistic, collaborative contributions in a broad region of the country – allowing fathom travelers to make a collective, transformative impact that they know will extend far beyond their involvement. They also will know they played an important role in ensuring the region flourishes. We are excited about making the Puerto Plata region of the Dominican Republic our first partner destination, and we are optimistic about taking all that is being built in and through fathom to other global destinations and to the broader Carnival corporate family.”

According to Russell, the fathom team took an innovative design-thinking approach to deeply understanding both its travelers, as well as the needs identified by stakeholders across all parts of society in the Dominican Republic, and will continue to leverage the unique approach. 

fathom will mobilize, educate and equip up to 700 travelers on every trip allowing for thousands of impact activity days per week – and tens of thousands of travelers a year to communities of promise, providing unprecedented scale for impact,” said Russell. “fathom has been built differently, having worked carefully to ensure any and all efforts fathom travelers engage with are authentically impactful, scalable and sustainable. fathom’s scale allows the opportunity to continuously innovate in the social impact space, while achieving holistic, transformational societal contributions that will help a broad region flourish.”

Based on extensive market research, fathom has identified a sizable and growing market of potential social impact travel consumers – approximately one million North Americans who are strongly predisposed, in addition to global travelers already pursuing service-oriented travel experiences worldwide – who will be interested in this type of travel offering.

In addition, the company believes fathom will attract a significant number of travelers who have never before cruised. According to research, nearly 40 percent of the individuals who will book a social impact trip on fathom might otherwise never have chosen to cruise.

According to Russell, fathom will attract people of all ages and from all walks of life, but especially North American, U.K. and Australian citizens ages 20 to 60 years old who are eager to discover their individual gifts, and unleash their personal passions and talents to improve the world. The company expects to be particularly popular among:

  • Millennials – people in their 20s and 30s looking to make a difference in the world;
  • Parents seeking a way to open their children’s eyes to other parts of the world in a meaningful way (approximately half of travelers are expected to be families); and
  • Adults 50+ years of age eager to find rewarding ways to help other people apart from writing a check.

“During the past 10 years, in countless conversations I have had with people eager to serve others and make meaningful societal contributions, there has been a common theme – people struggle to know where they fit in and often people have challenges finding trusted, easy ways to make a difference,” said Russell. “fathom exists to address this desire and to create enduring, life-changing impact, both in the communities where fathom operates, and in the lives of the travelers who embark on one of our journeys, allowing for unique impact experiences before, during and after the trip.”

Dominican Republic identified as fathom’s first social impact partner destination

The new brand selected the Puerto Plata region of the Dominican Republic as its first impact destination based on a number of factors: genuine needs, infrastructure to support social initiatives, enthusiasm for the fathom concept by locals at all layers of society including country officials, its location (proximity to Miami and Amber Cove, the new Dominican destination being launched by Carnival Corporation in October 2015), its innate beauty. The fathom team worked closely with local Dominicans, resident Dominican business and educational leaders, Dominican government officials and leading non-governmental organizations (NGOs) in the country to fully understand the societal needs and determine the best way for fathom to participate in addressing those needs.

fathom has initially identified two lead impact partners in the Dominican Republic – Entrena and the Instituto Dominicano de Desarrollo Integral, Inc. (IDDI). Both organizations have deep roots in the country, including long-established programs and strong social connections in the northern Dominican region. fathom travelers will work alongside these organizations across the northern region to help Entrena and IDDI programs achieve much greater impact. Because fathom will regularly transport hundreds of travelers to the country, the support will be significant and sustainable – fathom travelers will make long-lasting contributions to the community.

A portion of every ticket purchase price will go directly to fathom partner organizations to cover on-the-ground activities in the Dominican Republic, including supplies, travel, personnel to assist with the activities and funding to support the partner organizations’ overall missions. This sustained partnership between fathom and its impact partners allows these organizations to have predictable revenue streams to even further amplify their missions.  

"Having led the Dominican based non-profit IDDI, for more than 31 years, I have worked with a very large number of corporations ranging from energy, sugar, chocolate and cigar producers, as well as tourism and free-trade zone companies,” said David Luther, founder and executive director of IDDI, a non-profit organization with the mission to help alleviate poverty in rural and urban areas of the Dominican Republic. “I have always insisted on a horizontal relationship based on a win-win partnership, but on many occasions it has taken a great deal of convincing on our part for these to understand the benefits to the private sector of improving the overall well-being of Dominican society.

fathom and Carnival Corporation are without a doubt the exception. They are making a strategic bet on contributing to the development of the Dominican Republic incorporating this initiative into their business plan, which is to me a remarkable step for a corporation of their size. This is not just Corporate Social Responsibility, but a vision of bringing people together as a catalyst for change, be they passengers on a ship or members of low-income communities – very, very innovative. In this, fathom and Carnival Corporation are demonstrating they are willing and capable of creating experiences that transform lives."

“Entrena is excited about and committed to the fathom concept of impact travel for the north coast of the Dominican Republic,” said John Seibel, founder and president, Entrena, an organization specializing in training, education, and social enterprise. “We believe this concept will enhance sustainable development efforts to foster widespread prosperity among these Dominican communities by improving lives, creating hope for the future, and providing profound and meaningful experiences for fathom and for all Carnival Corporation passengers.”

fathom experience focuses on education, environment and economic development

The fathom journey is a carefully designed, holistic impact journey and will begin with one to two days at sea preparing hearts and minds for the on-the-ground experience, including a wide variety of fun and engaging impact-readiness experiences, ranging from an orientation to the Dominican Republic, conversational Spanish lessons, impact activity training, creative workshops, personal enrichment and much more.

fathom travelers may build their own schedules and will have the flexibility each day to choose from a variety of social impact and recreational activities. At launch, the company will offer a selection of fun, immersive, and meaningful activities focused on education, the environment, and economic development along with all the incredible experiences the Puerto Plata region innately has to offer.

Impact activities will vary in length from a few hours to multiple days. Depending on their passions and skills, travelers may spend up to three days on causes they care about, working alongside locals and fathom partner organizations on one or more projects suitable for a wide range of ages, levels of skill and amounts of physical activity. Sample activities may include:

  • Economic Development:  Help cultivate cacao plants and organic fertilizer at a nursery and assist a local women’s cooperative in producing artisan chocolates. This activity is designed to produce high-quality plants to increase farmers’ yields through sustainable practices and – importantly – create income opportunities for rural women.  Over time, this activity will allow the cooperative to increase their workforce so the cooperative can achieve economic independence.   
  • Educational:  Work side by side with Dominican school teachers in classrooms to teach English skills and help boost students’ academic performance; and participate in adult-learning programs to teach small groups of local community members conversational English to help improve their ability to qualify for jobs that provide a higher level of income.
  • Environmental:  Provide hands-on support to craft and build water filters – using clay, a natural resource found locally – and deliver those filters to families throughout the community to provide healthy drinking water. With limited piped water supply, this will make a meaningful difference in the quality of people’s lives throughout the region.

“Together we aim to help communities and travelers flourish by providing immersive, life-changing experiences for travelers and allowing our partner communities to prosper,” said Russell.

When not participating in social impact activities, travelers will enjoy exploring the beauty of the region, experiencing the many Dominican beaches and sites of interest, or participating in any one of an array of different recreational activities available to the entire family of Carnival Corporation brands visiting Amber Cove and the Puerto Plata region.

The onboard experience will be customized to this unique travel market, including specialized, purposeful retail options and amenities, as well as geographically inspired menus, music, and additional onboard cultural immersion. While docked in the Dominican Republic, the fathom ship will serve as a comfortable, convenient home-base for travelers.

Travelers may reserve travel on future fathom voyages

Travelers may reserve a spot on future fathom sailings by calling any travel agent or visiting www.fathom.org or by calling 1-855-9fathom. Prices for the seven-day trip to the Dominican Republic start at $1,540 per person, which includes an exterior cabin with a window, all meals on the ship, onboard social impact immersion experiences, three on-shore social impact activities and related supplies, taxes, fees, and port expenses. Prices will vary by season.

There will be four pricing levels, based on cabin configuration and location – interior cabins, exterior cabins with a window, exterior balcony cabins and suites. Additional recreational activities, cabin upgrades, and dining and beverage packages will be priced separately. Travelers may begin tailoring their trip in fall 2015 (e.g., impact activities selection, cabin selections, etc.).

The future of social impact in Carnival Corporation

In addition to leading the new fathom brand, Russell will work with Carnival Corporation’s nine other brands in her role as Global Impact Lead on social impact strategies and opportunities.

“With fathom, we are building one-of-a-kind, collaborative community social impact models and experiences and a solid network of reputable local and global NGO partnerships that, once established, can be considered for replication across global regions and company brands,” said Russell. “As fathom grows and evolves, we will continue exploring additional fathom destinations and experiences and identify powerful brand partnerships we can establish, both within the Carnival Corporate family, and also more broadly outside the corporation with other like-minded impact brands.

“In addition, we will evaluate these unique fathom assets to determine which models can be scaled across other Carnival brands as a way to bring new experiences to existing cruise line guests.”

 

About Carnival Corporation

Carnival Corporation & plc is the largest cruise company in the world, with a portfolio of cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises (Australia), P&O Cruises (UK) and fathom.

Together, these brands will operate 100 ships in 2015 totaling 219,000 lower berths with eight new ships scheduled to be delivered between 2016 and 2018. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour companies in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.

Additional information can be found on www.carnival.com, www.hollandamerica.com, www.princess.com, www.seabourn.com, www.aida.de, www.costacruise.com, www.cunard.com, www.pocruises.com.au, www.pocruises.com and www.fathom.org

Anheuser-Busch InBev is Most Efficient in Terms of Water Use Among Global Brewers

Fri, 06/05/2015 - 7:08am

Anheuser-Busch InBev (Euronext: ABI) (NYSE: BUD) announced it is the most efficient in terms of water use among global brewers1. The designation was achieved by reaching an industry-leading water use ratio of 3.2 hectoliters per hectoliter of production. From 2013 to 2014, this resulted in saving the equivalent of the amount of water it takes to make more than 4 billion cans of our beers. In addition to the work done within its brewery walls, the company also engages in a comprehensive water stewardship program, including watershed protection measures in brewery communities facing water stress and working with barley growers to obtain the most crop per drop.  The efforts aim to improve the quality and quantity of available water for all users.

This announcement coincides with AB InBev’s 7th global celebration of the United Nations Environment Programme’s World Environment Day.  This year, the company is putting a particular emphasis on the issue of water, a critical input to AB InBev’s products and a vital resource to its communities around the world.  To demonstrate its commitment to collectively tackling environmental challenges inside and outside its brewery walls, AB InBev is joining together for the first time in a common initiative—a Global Walk for Water. Colleagues will log steps and charitable donations to drive awareness of water issues in their communities. 

“Making strides in water efficiency brings us closer to our Dream to be the Best Beer Company Bringing People Together For a Better World,” said Carlos Brito, CEO of Anheuser-Busch InBev. “At the heart of that Dream is collective action with all stakeholders. Through our first Global Walk for Water, we’re bringing people together globally to raise awareness of water issues. We believe we have an important role to play to address the world’s most serious environmental challenges and we’re proud of our colleagues and partners worldwide who will be pledging steps and donations to help solve large-scale water challenges.”

The Global Walk for Water is just one illustration of how AB InBev deploys resources, technologies and human capital both within its facilities and across its global footprint to help solve environmental challenges such as water management. AB InBev also invests in partnerships and initiatives that address the whole water ecosystem, from facility improvements, to new grower technologies, to community forums, to watershed clean-ups and beyond.  For example, at the end of 2014, nine breweries returned clean, repurposed water to help community water needs. While the water isn’t potable, it can be pivotal in water-stressed regions as it can be used for many other purposes including agriculture, landscaping and road cleaning.

2014 Global Environmental Goal Progress

AB InBev is on track to meet its eight Global Environmental Goals by 2017 – and has already achieved two of these goals early. In particular, the company has achieved its goal to reduce the amount of water needed to produce its products, without compromising the quality consumers know and love, and exceeded its targets to reduce greenhouse gas emissions (GHG).

The company reduced its global GHG emissions intensity by 10.6%, surpassing the 2017 goal of 10% three years ahead of schedule.  In China, AB InBev has also made creative use of alternative and renewable fuels, as well as its proprietary Voyager Plant Optimization (VPO) system, to reduce GHG emissions per hectoliter of production by 22.1%, a level well above the 15% 2017 target. 

AB InBev will continue to make similar investments in China and around the world to meet global standards and to drive progress on all its environmental goals ahead of the 2017 deadline.

[1] This water use ratio is the lowest among largest global brewers, based on publicly available data provided by global brewers as of May 30th.

About Anheuser-Busch InBev

Anheuser-Busch InBev is a publicly traded company (Euronext: ABI) based in Leuven, Belgium, with American Depositary Receipts on the New York Stock Exchange (NYSE: BUD). It is the leading global brewer and one of the world’s top five consumer products companies. Beer, the original social network, has been bringing people together for thousands of years and our portfolio of well over 200 beer brands continues to forge strong connections with consumers. This includes global brands Budweiser®, Corona® and Stella Artois®; international brands Beck’s®, Leffe®, and Hoegaarden®; and local champions Bud Light®, Skol®, Brahma®, Antarctica®, Quilmes®, Victoria®, Modelo Especial®, Michelob Ultra®, Harbin®, Sedrin®, Klinskoye®, Sibirskaya Korona®, Chernigivske®, Cass®, and Jupiler®. Anheuser-Busch InBev’s dedication to heritage and quality originates from the Den Hoorn brewery in Leuven, Belgium dating back to 1366 and the pioneering spirit of the Anheuser & Co brewery, with origins in St. Louis, USA since 1852. Geographically diversified with a balanced exposure to developed and developing markets, Anheuser-Busch InBev leverages the collective strengths of its approximately 155 000 employees based in 25 countries worldwide. In 2014, AB InBev realized 47.1 billion USD revenue. The company strives to be the Best Beer Company Bringing People Together For a Better World. Learn more at ab-inbev.com, at facebook.com/ABInBev or on Twitter through @ABInBevNews.

For more information, visit http://www.ab-inbev.com/media/global-press-releases.html 

[1] This water use ratio is the lowest among largest global brewers, based on publicly available data provided by global brewers as of May 30th.

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