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Exploring the ‘How’ Behind the ‘Brands Taking Stands’ Movement, Purpose-Driven Companies Gather for 3BL Forum, Oct. 23-25 in Washington

Thu, 07/26/2018 - 9:55am

As investors, employees, customers and other key stakeholders demand that companies weigh in on vexing social and environmental issues, 3BL Forum has built its agenda around the “Brands Taking Stands” movement, Oct. 23-25, at MGM National Harbor in Washington, D.C.

More than 50 speakers – ranging from Fortune 500 CEOs to veteran White House reporter Eli Stokols – will speak at the annual gathering, presented by 3BL Media, the world’s leading communications partner for purpose-driven organizations. 

Early-bird registration pricing for 3BL Forum ends July 31. Click here to register.

“Those who work for companies steeped in corporate responsibility (CR) and sustainability, as well as those still investigating how best to embed purpose into their businesses, will appreciate the candor of speakers and access to actionable data and best practices at 3BL Forum,” said 3BL Media CEO Shana Deane.

Two half-day workshops on Oct. 23 are designed for CR and sustainability practitioners responsible for corporate reporting, as well as investor relations (IR) officers seeking closer collaboration with the growing roster of Wall Street forms basing investment decisions on environmental, social and governance factors.

“The New Normal: Unlocking Long-Term Value Through A Long-Term Lens,” a morning session presented by CECP, will bring together IR and CR professionals to explore “the new normal” of unlocking value creation through a long-term lens. 

“Strengthen Your Materiality Assessment and Maximize Its Value for Your Company,” an afternoon session presented by GRI, will focus on a robust materiality assessment, the backbone of a company’s ability to understand its impacts on environmental, social and economic issues.

The newly published 3BL Forum agenda includes release of new data and research, examination of tough decisions, discussion about current issues and trends in CR, and inspiration from visionary keynote speakers who have valuable lessons and insights to share. The event is also a powerful opportunity to build new professional relationships, expand business networks, and capture new approaches and fresh ideas for organizations committed to sustainability.

Among the topics to be addressed:

  • Corporate Responsibility No Longer Optional: ‘Best in Class’ Innovation and Business Practices

  • Leadership Requirements: The Corporate Vision, Voice and Influence

  • Tilting on the Fulcrum: Balancing Short Termism with the Long View

  • Corporate Responsibility Brand vs. Corporate Brand

  • From Measurement to Meaning: The Timestamp of Corporate Responsibility Outcomes

  • Emerging Issues & Emerging Voices

  • Standing Up and Speaking Out: Authenticity in Corporate Messaging

Speakers will include an A-list of executive CR leadership from Rolland Paper; MSL; Mars Wrigley; Blackbaud; MGM Resorts International; TD Bank Group; APCO Worldwide; Solidia Technologies; New York Life Foundation; State of Delaware; Univision Communications; GRI; Futerra; Tupperware; Aflac; WGL/ Washington Gas; eBay; Timberland; The Mosaic Company; UPS; Impact2030; Waste Management; Silicon Valley Community Foundation; NPR; and MSNBC, among others.

Workshop, panel, and issue table descriptions; speaker bios; and registration information can be found on the 3BL Forum web site. If you are active in the CR industry, or want to be, make plans now to attend this leading event for corporate responsibility and sustainability practitioners.

On the evening of Oct. 24, 3BL Media’s Corporate Responsibility Magazine will honor the 2018 Responsible CEOs of the Year.  The event recognizes CEOs who have put themselves at personal and professional risk to deliver on their corporate responsibility. In addition, the winner of the Lifetime Achievement Award will be revealed.

Event Sponsors

The 3BL Forum 2018 “Brands Taking Stands” event is produced through the generous assistance of more than 30 sponsors and partners listed below. To join them, click here.

MSL Group | MGM International | Mosaic | TD Bank Group |APCO Worldwide | Blackbaud | Rolland Paper | Smithfield| CECP | GRI| America’s Charities | American Sustainable Business Council | PYXERA Global | Ecoprint | CR Miami | Realized Worth | Points of Light | Governance and Accountability Institute |

About 3BL Media

3BL Forum is an annual gathering of corporate responsibility and sustainability practitioners with emphasis on networking, case studies, new research and compelling presentations from companies committed to making progress against an ambitious ESG agenda.

The event is produced 3BL Media, the world’s leading communications partner for purpose-driven organizations. Through content distribution, multi-media promotion and hands-on learning experiences, we connect organizations to an unrivaled audience that is passionate about sustainable business.

We know your stories, perspectives and experiences only matter if they’re heard, shared and acted on by the right people. We cut straight through the clutter so you always break through to the audiences who matter most.

CONTACT

Dave Armon
3BL Media
+1 (802) 444-0177
darmon@3blmedia.com

OppenheimerFunds Supports Chicago Community During Distribution Symposium

Wed, 07/25/2018 - 3:54pm

OppenheimerFunds, a leading global asset manager, supported the local community in Chicago this week during the firm’s Distribution Symposium, a semi-annual conference for more than 250 members of the firm’s Distribution team. In partnership with Cradles to Crayons and Boys & Girls Clubs of Chicago, employees assembled care packages for children served by both organizations. OppenheimerFunds also provided each nonprofit with a $10,000 grant.

“Twice a year, our distribution team gets together to train, share successes and gain new insights that ultimately help us better serve our clients,” said John McDonough, Head of Distribution and Marketing at OppenheimerFunds. “Our employees also look forward to giving back to the communities that host our conferences and are proud to volunteer with great local organizations such as Cradles to Crayons and Boys & Girls Clubs of Chicago.”

Employees assembled and donated:

  • 400 clothing packages that will help provide infants with a week’s worth of outfits.
  • 3,000 hat and glove packages to help keep 10-12 year children warm during the winter months.
  • 800 school backpacks filled with school supplies.

Cradles to Crayons launched in 2002 and has operations in Boston, Philadelphia and Chicago. The nonprofit provides children from birth through age 12 living in homeless or low-income situations with the essential items they need to thrive at home, at school and at play.

“We are pleased to partner with OppenheimerFunds to help provide children with much needed clothing,” said Bernard Cherkasov, Executive Director, Cradles to Crayons. “The hats, gloves and infant clothes will be extremely welcomed by the children and families that benefit from our programs."

Since 1902, the Boys & Girls Clubs of Chicago have provided the city's children with a safe, positive and supportive place where they can take advantage of after-school programs, activities and services designed to prepare them for the future and achieve their fullest potential.

“Every day, our clubs help young people build the skills that will help them to make positive contributions in their homes and communities,” said Mimi LeClair, President & CEO, Boys & Girls Clubs of Chicago. “The backpacks and school supplies donated by OppenheimerFunds will give these kids the tools that will help them succeed in the classroom and beyond.”

OppenheimerFunds’ corporate philanthropy and community initiatives also include its 10,000 Kids by 2020 program, which aims to introduce 10,000 students to math literacy programs through nonprofit partnerships and active employee volunteerism. The firm works closely with organizations including the National Museum of Mathematics, Boys & Girls Club, MATHSWORLDUK, Common Impact and Cross-Cultural Solutions, which provides impactful and sustainable service opportunities and skills based volunteer programs.

OppenheimerFunds Distribution Symposium Volunteer Highlights

Date

Location

Organization

Activity

Amount Donated

January 2011

Dallas, TX

Dallas Children’s Hospital

Created murals for hospital walls

$10,000

August 2011

Chicago, IL

Chicago Cares to benefit Woodson South Elementary School

Refurbished local school facilities

$10,000

January 2012

Fort Worth, TX

USO Dallas

Assembled and donated backpacks for troops

$10,000

August 2012

Salt Lake City, UT

Boys & Girls Club of Greater Salt Lake

Built and donated bicycles

$10,000

January 2013

New York, NY

Breezy Point Relief Fund

Assembled and donated care packages

$10,000

August 2013

Laguna Nigel, CA

Las Palmas Elementary School

Refurbished local school facilities

$10,000

January 2014

Dallas, TX

Flood victims

Provided various types of assistance

$10,000

August 2014

Washington, DC

Boys Town

Made campus improvements, organized donated items, created backpacks, repaired kitchen facilities

$10,000

January 2015

Atlanta, GA

USO Council of Georgia

Gathered and donated care packages for troops

$10,000

August 2015

San Diego, CA

Support the Enlisted Project (STEP)

Built 75 wheelchairs for donation

$10,000

August 2015

San Diego, CA

Ronald McDonald House

Stuffed ~100 teddy bears for children

$10,000

January 2016

Atlanta, GA

Hands On Atlanta

Assembled 600 snack packs and hygiene essential kits

$10,000

July 2016

Boston, MA

Boston Cares

Constructed 30 toddler beds and packed 100 blankets and 100 superhero capes

$10,000

January 2017

Atlanta, GA

Boys & Girls Clubs of Metro Atlanta

Assembled and donated 300 College Bound Care packages

$10,000

August 2017

San Diego, CA

Operation Homefront

Created 400 baby care packages for local military families

$10,000

August 2017

San Diego, CA

Boys & Girls Clubs of Greater San Diego

Helped build 20 model solar cars with children from Boys & Girls Clubs of Greater San Diego and donated 100 model solar car kits to the organization’s STEM program

$10,000

January 2018

Dallas, TX

Trusted World

Attendees packed and donated 20,000 meal kits to be distributed to families recovering from recent natural disasters.

$10,000

January 2018

Dallas, TX

Boys & Girls Clubs of Greater Dallas

Assembled and donated 175 Robotics IQ Kits for the organization’s STEM program.

 

$10,000

July 2018

Chicago, Illinois

Boys & Girls Clubs of Chicago

Assembled and donated 800 backpacks filled with school supplies

$10,000

July 2018

Chicago, Illinois

Cradles to Crayons

Assembled and donated 400 infant clothing packages and 3,000 hat and glove packages.

$10,000


 #  #  #

About OppenheimerFunds

OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $246 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of June 29, 2018.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted-ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.

Web: oppenheimerfunds.com

Tweets: twitter.com/OppFunds

Podcasts: oppenheimerfunds.com/advisors/podcasts

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.

225 Liberty Street, New York, NY 10281-1008

© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.

Support Growing for Prominent U.S. Attorney Who Took on Chevron and Was Deemed “Threat to Public Order” by State Bar Officials

Wed, 07/25/2018 - 3:54pm

Support is growing from across the United States and Ecuador for prominent corporate accountability attorney Steven Donziger following the “shocking” decision of the New York bar to suspend him as a “immediate threat to the public order” without a hearing after he played an instrumental role in winning a landmark $9.5 billion pollution judgment on behalf of Ecuadorian rainforest communities against Chevron. 

Richard Friedman, a nationally-known Harvard-educated trial attorney from Seattle who has represented Donziger, joined several members of the legal community in criticizing NY bar staff attorneys Jorge Dopico and Naomi Goldstein for characterizing Donziger as an “immediate threat to the public order” based on the erroneous and disputed civil findings of New York federal Judge Lewis A. Kaplan, which relied largely on false testimony from an admittedly corrupt Chevron witness (Alberto Guerra) paid $2 million by the company. In 25 years of law practice, Donziger has not received a single client complaint and has been honored with numerous testimonials for his public service work.

(Here is a detailed documentation of Chevron’s witness fraud and bribery of Guerra. Here is a criminal referral letter to the U.S. Department of Justice of Chevron and its lawyers at the firm Gibson Dunn & Crutcher for bribing a witness to present false evidence. Here is background on Gibson Dunn’s many ethical violations, including the fabrication of evidence in a prior case. Here is a summary of Chevron’s intimidation campaign written by Greenpeace co-founder Rex Weyler.)

In comments last week, other attorneys and activists – including esteemed First Amendment lawyer Martin Garbus, Harvard Law Professor Charles Nesson, human rights lawyer Aaron Page, and Greenpeace Co-founder Rex Weyler – said they were “shocked” by the New York Bar’s decision to suspend Donziger. The designation as a “threat to the public order” allowed the bar staff attorneys to short-circuit the legal process and deny Donziger a hearing, despite his attempt to submit extensive evidence about how the full body of evidence undermines Kaplan’s findings. Donziger’s position that Chevron dumped billions of gallons of toxic oil waste into the Amazon to save an estimated $5 billion in costs has been validated by 17 judges from three appellate courts in Ecuador, including in an 8-0 decision by the country’s Constitutional Court issued days ago. Chevron had insisted the trial take place in Ecuador and had accepted jurisdiction there. 

Friedman, the author of four bestselling legal books and the former President of the prestigious Inner Circle of Advocates, said the designation of Donziger as a “threat to the public order” serves Chevron’s interests in trying to taint the Ecuador judgment and suggests political behavior by the staff attorneys more in keeping with an authoritarian dictatorship where opponents of the establishment are designated as enemies of the state and denied the opportunity to work or earn a livelihood.  By taking away Donziger's law license, it will be difficult for him to continue to earn a living and fight for his clients in Ecuador, which was Chevron’s goal all along, said Friedman.

Friedman added that he was “utterly dismayed” by the bar’s decision to deny Donziger the opportunity to present the ample evidence available to challenge Kaplan’s findings before imposing punishment.  “This type of decision not only violates fundamental due process, it is not in keeping with the American tradition of using judicial processes as a truth-seeking exercise,” said Friedman. “It reminds me of something that might happen in Russia under Putin or Turkey under Erdogan, but it should not be happening in New York.  The goal of the New York bar staff attorneys seems to be to suppress evidence that might prove Judge Kaplan got his decision wrong, not to seek the truth or ensure a fair adjudication.  That’s a sad commentary on the state of the New York bar and unfortunately our legal profession because Steven Donziger should rightly be regarded as a hero for his work in Ecuador. This reflects far more poorly on the New York bar and Judge Kaplan than Steven Donziger, a person whom I deeply respect.” 

Donziger submitted in his defense a 12-page letter, lengthy legal brief, and hundreds of pages of exhibits but all were discarded by Dopico and Goldstein, who refused to engage Donziger or even interview him. Despite having at least 20 staff attorneys in the office, the pair also appointed as special pro bono “prosecutor” of Donziger in the bar disciplinary process a private corporate defense lawyer, George Davidson, from a corporate law firm with extensive ties to the oil and gas industry. Further, five judges of the First Department – an intermediate appellate court that oversees bar discipline in Manhattan – also ignored Donziger’s submissions in issuing a terse and perfunctory one-page order on July 11 validating the bar grievance committee’s request for Donziger's immediate suspension.

It turns out that six of Judge Kaplan’s colleagues on New York’s federal trial bench in Manhattan, led by Judge Kevin P. Castel, had sent a referral letter urging Dopico to disbar Donziger without a hearing based on their colleague's findings.  Donziger said the Castel letter, which ignored the many problems with Kaplan’s decision, was not in keeping with the judicial obligation of impartiality and was highly inappropriate, although it created enormous pressure for the bar staff attorneys to move against him.  

“Bar staff attorneys answer by and large to judges,” he said. “When six federal judges are urging disbarment based on a high-profile decision of a colleague that has been contradicted by courts in other countries and whom they are obviously trying to protect, I would imagine it would be difficult for a bar staff attorney to resist the pressure. But that does not excuse the bar for refusing to give me a hearing where I can present critical and highly probative evidence.”  

Friedman was blunt in his assessment.

“This decision by the New York bar affects the due process rights of all lawyers, everywhere in the country, and it should not be allowed to stand,” he said.  “It is patently unfair to impose any sort of automatic discipline on a lawyer, much less a suspension, based on civil findings made without a jury and without giving that lawyer a chance to present evidence challenging those findings in the bar disciplinary process – especially when those findings already are disputed by the findings of other courts and Chevron’s own star witness admitted he perjured himself on the stand.”

“Even worse, I know from personal experience and from studying the case closely that there is ample evidence to prove Judge Kaplan’s findings are either false, based on witness testimony paid for by Chevron, or the result of a completely decontextualized reading by Judge Kaplan of foreign law in Ecuador,” said Friedman, who noted that Kaplan also refused to consider any of the environmental evidence against Chevron relied on by the Ecuadorian courts for their decisions against the company. “What is undisputed is that three layers of courts in Ecuador that had access to far more evidence than Judge Kaplan contradicted his findings.  The fact the bar grievance committee doesn’t want to grant a hearing given this extraordinary context not only is unfair to Steven Donziger, but it threatens the due process rights of lawyers everywhere.” 

Although cited by the Bar to suspend Donziger without a hearing, Kaplan’s decision has been largely disproven after evidence emerged that Chevron paid the exorbitant sums to Guerra, a former Ecuadorian judge booted from the bench after he admitted taking bribes. Guerra was moved with his family by Chevron to the United States and later admitted lying on the stand after being coached for 53 days by Chevron lawyers headed by Randy Mastro at Gibson Dunn firm.  Kaplan based his core findings largely on Guerra’s false testimony. 

In response to the Wall Street Journal, whose editorial page lauded the bar committee’s decision to suspend Donziger, Friedman wrote: “There are those who believe American corporations should be able to treat the people and environment in less-developed countries as ‘disposable,’ as unworthy of care or respect. They believe our own economic interests justify whatever harm we do to others. And then there are those, like Steven Donziger, who believe this entrenched attitude needs to change, or we will destroy the world.  

“Like many leaders in the abolitionist, suffragette, union and civil rights movements, Steven Donziger has paid (and will pay) an enormous personal price for trying to change our culture. But our culture will change, and he will rightly be regarded as a hero.”

Rex Weyler, the co-founder of Greenpeace and another friend of Donziger, also called Donziger a “hero” for standing up to Chevron. “This is always the way the status quo power structure protects its own,” said Weyler. “The more frightened they are by the truth, the greater their lies. They did this to anti-slavery activists centuries ago, to the suffragettes, to Ghandi and Martin Luther King, and to Indigenous leaders throughout the world.

“This shameless pandering by the NY judiciary to power and money will be exposed in time,” said Weyler.

In Ecuador, several leaders of the rainforest communities have sent letters of support to Donziger, who remains a member of the District of Columbia bar and who plans to appeal the New York decision.

One such letter came from Carmen Cartuche, a community leader who serves as President of the Amazon Defense Coalition In Ecuador – the grass roots organization in the rainforest that brought suit against Chevron. She wrote to Donziger, who represents the group as it seeks to collect the Ecuador judgment in Canada: “As the representative of the FDA, I cannot hide my indignation over the injustice that American courts are committing against you. You have dedicated more than 25 years of your career fighting for and defending human rights, especially for the Amazon communities in Ecuador who continue to be gravely harmed by the actions of Chevron.  I simply do not understand how U.S. ‘justice’, instead of condemning the company that has caused so much damage to the natural world and to the lives of so many peoples, sanctions the person trying to protect the natural world and the victims of Chevron. It is a very poor reflection on the United States of America, but perfectly consistent with the values of the Chevron Corporation as we know them.”

In a statement issued on July 11 in response to his interim suspension, Donziger said, “The case on which the New York bar rests its decision to suspend me without a hearing is based almost completely on false testimony paid for Chevron and presented by an admittedly corrupt witness coached 53 days by company lawyers. The entire case before Judge Kaplan was designed by Chevron to retaliate against me for my role in holding it accountable for the deliberate dumping of billions of gallons of toxic waste in Ecuador, decimating Indigenous peoples and creating an environmental catastrophe that continues to cause grave harm to vulnerable communities.  I will continue to fight for my clients while appealing this decision.”

The NY bar also announced the appointment of Paul Doyle, a corporate defense lawyer who represented Union Carbide in the Bhopal disaster, as the “referee” to determine whether Donziger will be disbarred based on Kaplan’s findings. Donziger said he is assembling a legal team to defend him in his appeal of the bar’s decision.

Webinar: How to Craft a Winning Citizens Nomination

Wed, 07/25/2018 - 3:54pm

Every year, hundreds of businesses apply to win a Corporate Citizenship Award, making it one of the most prestigious awards in the field. How can you ensure your nomination stands out from all the rest?

On May 3, join the Chamber Foundation for a webinar that will share tips and strategies for crafting a winning Citizens Awards nomination. The webinar will feature past judges and winners who will highlight ways to strengthen your nomination and best tell your story.

From now until June 29, the U.S. Chamber Foundation is accepting nominations for the 19th Annual Corporate Citizenship Awards. Since 2000, the Citizens Awards have honored the most strategic and innovative corporate citizenship programs from businesses and chambers of all sizes.

Yum! Brands’ Recipe for Good: 2017 Global Citizenship & Sustainability Report Showcases Company’s Efforts to Serve Food People Trust, Grow Sustainably to Protect the Planet and Unlock Potential in People

Wed, 07/25/2018 - 9:53am

Yum! Brands, Inc. (NYSE: YUM) today released its 2017 Global Citizenship & Sustainability Report, citizenship.yum.com, highlighting the company’s progress in 2016 and 2017 and outlining efforts by KFC, Pizza Hut and Taco Bell to make a meaningful impact in three areas of strategic focus: Food, Planet and People.

“As Yum! Brands grows KFC, Pizza Hut and Taco Bell around the world, we take our role as a global citizen and our impact on society and the environment seriously,” said Greg Creed, CEO, Yum! Brands, Inc. “In line with Yum! Brands’ Recipe for Growth to become more focused, franchised and efficient, we’ve created a Recipe for Good – our updated global citizenship and sustainability strategy that outlines our public commitments concerning food, planet and people. I’m proud of the progress we’re making, as well as our growing efforts to listen and engage more intently with our stakeholders on priority issues that are material to our business.”

The content of the report reflects topics identified through Yum! Brands’ first companywide materiality assessment and progress against its existing public commitments. The report is prepared according to Global Reporting Initiative Standards, the most widely recognized framework for sustainability reporting.

Also featured are success stories from the company’s brands around the world, each of which has contributed to progress in distinct ways:

  • KFC: As a brand that’s Always Original, KFC is focused on ingredient sourcing that ranges from sustainable palm oil to purchasing chicken raised without antibiotics important to human medicine in its U.S. restaurants by the end of 2018. The brand has created a customized green building program for its restaurants and invests in its restaurant team members with various training and development programs as well as educational partnerships globally. Worldwide, KFC donated 3 million meals last year to more than 1,500 charities through the Harvest program, and restaurants raised over $14 million (USD) to benefit more than 35 charitable organizations that fight hunger and promote growth opportunities for youth.

  • Pizza Hut: Known for its iconic pizza innovation, Pizza Hut is redefining the modern pizza delivery experience. Pizza Hut offers a variety of crusts, sauces and customizable topping combinations including fresh vegetables, proteins and fruits and has eliminated partially hydrogenated oils from its global menu. In the U.S., the brand became the first national pizza restaurant to remove artificial flavors and colors from its core pizzas and WingStreet products, and it extended its commitment to serve chicken raised without antibiotics important to human medicine in its WingStreet wings by 2022. Through its global waste reduction efforts, Pizza Hut reached a significant milestone in 2017 – donating 100 million pounds of food over the years through the company’s Harvest program. The brand also expanded its commitment to literacy in 2016, launching its signature platform, Pizza Hut: The Literacy Project, which in its first year impacted 15.9 million people across Brazil, Canada, Costa Rica, South Africa and the U.S. through initiatives like the BOOK IT! Program and in-restaurant fundraising.

  • Taco Bell: As a brand that’s in a Category of One, Taco Bell has been on a Food for All journey, creating a menu that offers the choices its consumers are asking for. For example: offering choices that are low calorie/fat, high protein and vegetarian; removing artificial flavors and colors, high fructose corn syrup and partially hydrogenated oils; reducing sodium; serving chicken raised without antibiotics important to human medicine in its U.S. restaurants; and serving 100 percent cage-free eggs across its menu in the U.S., among other things. The brand is also giving employees and customers the opportunities they need to turn their dreams into goals through its Live Más Scholarship, which provided $1 million to $2 million in funding per year for more than 400 students in 2016 and 2017.

Other highlights from Yum! Brands’ 2017 Global Citizenship & Sustainability Report include:

Food

  • Deploying a new global nutrition strategy that emphasizes simplified ingredients, transparency of ingredients, high-protein, lower-calorie, reduced sodium and other offerings that promote a balanced diet

  • Pursuing a goal of offering balanced meals by having 20 percent of meal options consistent with one-third of the Recommended Daily Allowance (RDA) or foreign equivalents by 2020; currently, nearly 50 percent of restaurants have met this goal

  • Removed artificial flavors from 70 percent of food ingredients, with a goal of removing 100 percent by 2020*

  • Removed artificial colors from 78 percent of food ingredients, with a goal of removing 100 percent by 2020*

  • Removed partially hydrogenated oil from 97 percent of food ingredients, with a goal of removing 100 percent*

  • Conducted more than 230,000 restaurant food safety audits between 2015 and 2017, and approximately 3,000 food safety supplier audits in 2017

*Key markets, excluding co-branded ingredients and beverages

Planet

  • Kept more than 750,000 metric tons of carbon dioxide out of the atmosphere in 2017, or the equivalent of taking 160,000 cars off the road for a year, through energy conservation, food waste donation and recycling efforts

  • Published Sustainable Animal Protein Principles and Good Antimicrobial Stewardship policy in 2017, set and achieved commitments to serve chicken raised without antibiotics important to human medicine in U.S. restaurants, and required suppliers globally to minimize use of antimicrobials important to human medicine and practice responsible, judicious use

  • Having a goal of sourcing 100 percent sustainable palm oil by 2018; currently sourcing 87 percent of cooking oil from sustainable palm oil or non-palm sources

  • Sourced 69 percent of global paper-based packaging and service products from either certified virgin or recycled sources in 2017, with goal of 100 percent by 2020

People

  • Signed on to the CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion within the workplace

  • Aligned with Paradigm for Parity®, a coalition of companies working to increase the number of women in senior operating roles

  • Donated 6.9 million pounds of food to feed people in need through the company’s Harvest program in 2017

  • Supported the launch of brand-specific culture and leadership initiatives, including KFC’s Leading with Heart program, Pizza Hut’s Life Unboxed campaign and Taco Bell’s Start With Us, Stay With Us platform

For more information and to view Yum! Brands’ 2017 Global Citizenship & Sustainability Report, visit citizenship.yum.com, or join the experts at Yum! Brands on Tuesday, July 31, 2018 at 12pm ET to discuss the #YumRecipeforGood in a Twitter Chat hosted by @TriplePundit. Visit here to for details.

Join the conversation at Facebook.com/yumbrands and @yumbrands on Twitter using the hashtag #YumRecipeforGood.

Yum! Brands, Inc., based in Louisville, Kentucky, has over 45,000 restaurants in more than 135 countries and territories and is one of the Aon Hewitt Top Companies for Leaders in North America. In 2018, Yum! Brands was recognized as part of the inaugural Bloomberg Gender-Equality Index and ranked among the top 100 Best Corporate Citizens by Corporate Responsibility Magazine. In 2017, Yum! Brands was named to the Dow Jones Sustainability North America Index. The company’s restaurant brands – KFC, Pizza Hut and Taco Bell – are global leaders of the chicken, pizza and Mexican-style food categories. Worldwide, the Yum! Brands system opens over seven new restaurants per day on average, making it a leader in global retail development.

Shortlist Announced! Ethical Corporation Responsible Business Awards

Wed, 07/25/2018 - 6:53am

The shortlist for Ethical Corporation's 9th Annual Responsible Business Awards has been announced. The winners will be revealed and celebrated at a glamorous Awards Dinner ceremony on 9th October in central London
 
Kingfisher, Novartis, EDF Energy, Merck, Thai Union, Unilever, Kimberly-Clark, Co-Op, Google, ING, GSK, ABN AMRO, Vancity, Ocado, Carlsberg, AstraZeneca, IBM and Tesco are among the nominees being shortlisted for this year’s The Responsible Business Awards

Click here to view the full shortlist

Ethical Corporation would like to thank everyone that entered for all their hard work and efforts spent in the submissions. Please keep up your great work!

OppenheimerFunds Named on Diversity Best Practices Inclusion Index

Tue, 07/24/2018 - 3:52pm

OppenheimerFunds, a leading global asset manager, was included on the second annual Diversity Best Practices (DBP) Inclusion Index. Companies were selected based on their scores in three areas: diversity and inclusion (D&I) practices in recruitment, retention, and advancement; organizational culture; and demographic transparency.

“We are pleased to have been included on this year’s Diversity Best Practices Inclusion Index,” said Andy Doyle, Chief Human Resources Officer at OppenheimerFunds. “By consistently refining and improving our diversity and inclusion practices, we create a workplace culture that fosters innovation and collaboration that ultimately benefits our clients.”

Diversity Best Practices, a division of Working Mother Media, offers information and strategies on how to implement, grow, measure and create diversity programs, through research, resources, benchmarking, publications and events. The DBP Inclusion Index was developed to provide tools and resources to help companies target efforts to understand demographic gaps and raise the bar on their D&I activities.

124 organizations participated in the second annual Index and were asked to provide data in three areas:

Practices around recruitment, retention and advancement of people from under-represented groups—women, racial/ethnic minorities, people with disabilities, and the LGBTQ+ community. Practices around creating an inclusive culture through leadership, accountability, communications, and employee engagement. Transparency and willingness to share workforce demographic data.

As part of its diversity and inclusion efforts, OppenheimerFunds provides its employees with the opportunity to connect with the diverse experiences of colleagues by joining its Business Resource Groups, which include the Asian Professionals Network, Black Professionals Network, Disabilities Network, Latino Professionals Network, LGBTQ+ Network, Military Network, and Women’s Network.

In addition, the firm has received numerous awards for its benefits and workplace culture, including recognition as one of the Best Places to Work for Disability Inclusion in the 2018 Disability Equality Index (DEI); one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign; and a Best Place to Work in Money Management by Pensions & Investments. OppenheimerFunds’ parental leave policies were highlighted by Working Mother magazine’s 100 Best Companies list and in Fatherly’s 50 Best Places to Work for New Dads.

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About OppenheimerFunds
OppenheimerFunds, Inc., a leader in global asset management, is dedicated to providing solutions for its partners and end investors. OppenheimerFunds, including its subsidiaries, manages more than $246 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of June 29, 2018.

Founded in 1959, OppenheimerFunds is an asset manager with a history of providing innovative strategies to its investors. The firm’s 16 investment management teams specialize in equity, fixed income, alternative, multi-asset, and factor and revenue-weighted-ETF strategies, including ESG as a signatory of the UN PRI. OppenheimerFunds and its subsidiaries offer a broad array of products and services to clients, who range from pensions and endowments to financial advisors and individual investors. OppenheimerFunds and certain of its subsidiaries provide advisory services to the Oppenheimer family of funds, and OFI Global Asset Management offers solutions to institutions. The firm is also active through its Philanthropy & Community initiative: 10,000 Kids by 2020, reaching children with introductions to math literacy programs.

Web: oppenheimerfunds.com

Tweets: twitter.com/OppFunds

Podcasts: oppenheimerfunds.com/advisors/podcasts 

About Diversity Best Practices
Diversity Best Practices, a division of Working Mother Media, is the preeminent

organization for diversity thought leaders to share best practices and develop innovative solutions for culture change. Through research, benchmarking, publications and events, DBP offers members information and strategies on how to implement, grow, measure and create first-in-class diversity programs.

Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Before investing in any of the Oppenheimer funds, investors should carefully consider a fund’s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by asking your financial advisor, visiting oppenheimerfunds.com or calling 1.800.CALL OPP (225.5677). Read prospectuses and summary prospectuses carefully before investing.

Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc.
225 Liberty Street, New York, NY 10281-1008
© 2018 OppenheimerFunds Distributor, Inc. All rights reserved.

The Consumer Goods Forum Launches 5th Edition of Annual Health & Wellness Survey

Tue, 07/24/2018 - 9:52am

The Consumer Goods Forum is pleased to announce the launch of the 2018 Health & Wellness Survey. An important component of the Health & Wellness initiative’s five-year plan, the annual survey has become a key tool for FMCG companies to highlight their positive actions and to share their stories on how they are addressing the growing consumer demand for products and services that will help them lead fuller, healthier, longer and happier lives. And, as the five-year plan draws to completion, this is an opportunity for consumer goods companies to report on their efforts to empower consumers globally. The survey is developed in conjunction with Deloitte.

The CGF asks all consumer goods retailers and manufacturers to participate and complete those questions that are relevant to their businesses, while service provider companies are also strongly encouraged to get involved on questions related to employee health and wellbeing. The Health & Wellness team remain available should participants have any questions or need help to complete the Survey (hw@theconsumergoodsforum.com).

Over the last few years, the annual survey has highlighted the positive progress being made by the industry:

  • Over the last two years, 200,000 products have been reformulated to reduce amount of ingredients like sugar, salt and parabens;

  • Last year, 85% of consumer goods companies said they have formed partnerships with community stakeholders;

  • In 2017, over 1.6 million employees participated in health and wellness programmes; and

  • Also in 2017, 58% said they have participated in food bank programmes, distributing 180 million meals and donating over 77,400 tonnes of food.

However, results also show that there is still much work to do, especially in implementing the CGF’s Health & Wellness Resolutions and Commitments. The CGF believes it’s in the industry’s best interests to participate in the survey and ensure a complete picture of where the consumer goods industry stands today. Only by collectively reporting on progress can a clear industry picture be presented and our work to support healthier diets and lifestyles highlighted.

If your company wants to be publicly acknowledged as being part of the solution, complete the simple survey before the September 2018 deadline.

Learn more about last year’s results via the Progress Report results video, developed with the support of Deloitte. 

-- Ends --

For more information on The Consumer Goods Forum, please visit: 
www.theconsumergoodsforum.com.

Former Gap Inc. Executive Bobbi Silten to Lead Global Initiative That Is Unlocking Business’ Power to Catalyze Social Change at Scale

Tue, 07/24/2018 - 9:52am

FSG and the Shared Value Initiative are pleased to announce that former Gap Inc. executive Bobbi Silten will lead the Initiative as Managing Director, effective July 30, 2018.

Bobbi was an early adopter of shared value and has been a long-time practitioner of leading social change through business.  She brings deep experience as a purpose-driven business leader and will advance the Shared Value Initiative as it works to help companies better society and the environment through their core business.

“I have seen first-hand the value that business can bring to society and the environment, especially when the value created is also vital to business,” said Bobbi.  “As a thought-leader, the Shared Value Initiative is shaping corporate strategy and influencing how companies build new markets, innovate, create distinction, and contribute to a thriving society and planet.  I look forward to advancing this important work and partnering with global business leaders to explore smarter models that address the changing needs of our communities, the environment and business.”

“We are impressed and excited about the insight and expertise Bobbi brings to the Shared Value Initiative,” said Michael Porter, Bishop William Lawrence University Professor, Harvard Business School and Senior Advisor, Shared Value Initiative. “She is a tremendous leader and visionary with a track record of delivering business results and social impact as a Fortune 500 executive. As companies aspire for greater corporate purpose, her experience, vision and deep commitment to social impact will strengthen the Shared Value Initiative’s role as a partner for companies focused on solving the world’s toughest challenges through their core business activities.”

Bobbi joins FSG and the Shared Value Initiative from Gap Inc. where she most recently served as EVP, Global Talent & Sustainability. In that role she partnered with the CEO to help lead change with a global talent strategy linked to business strategy, introducing a new talent vision and strategic plan that impacts over 135,000 employees.  She also oversaw key efforts to drive more sustainable business practices within the company.

Bobbi joined Gap Inc. as the head of the Gap Foundation and later added sustainability to her responsibilities. In her roles as SVP, Sustainability and President, Gap Foundation, she worked to better integrate the company’s human rights and environmental work with the business strategy to create greater positive impact.

In 2011 President Obama appointed Bobbi to serve on the White House Council for Community Solutions, a multi-sector collaboration composed of leaders committed to social innovation and civic engagement. During her time on the Council she co-led the development of the Connecting Youth & Business toolkit. Prior to joining Gap Inc. Bobbi was President & Commercial General Manager, Dockers U.S., a Levi Strauss & Co. brand.

“We are absolutely thrilled to have Bobbi lead the Shared Value Initiative,” said Lauren Smith, co-CEO, FSG. “She brings deep credibility from her time as a business unit leader and knowledge of companies’ untapped power to create impact. With her passion for designing programs that deliver business and social returns, we look forward to the Initiative’s next chapter of partnership and influence under Bobbi’s leadership.”

About the Shared Value Initiative

The Shared Value Initiative (SVI) is a global community of leaders who believe there are business opportunities in solving society’s toughest challenges – creating shared value for society and business alike. Shared value is, at its core, a way of shaping corporate strategy to drive innovation, growth, competitive advantage, and social impact. Operated by FSG, with support from a network of strategic partners, the Initiative shapes this emerging field through peer-to-peer exchange, market intelligence, strategy & implementation support and shared value advocacy. Learn more at www.sharedvalue.org.

Walmart Supports Future Leaders Through $2 Million in Funding to the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute

Tue, 07/24/2018 - 9:52am

Today, Walmart announced $2 million in grants to organizations working to expand internship opportunities for diverse youth populations, the Congressional Black Caucus Foundation, Inc. (CBCF) and the Congressional Hispanic Caucus Institute (CHCI). The grants build on previous Walmart funding to the two nonprofits, bringing the company’s total investment to more than $6 million over the last several years. The funding will help provide career pathways on Capitol Hill for students and young professionals through education and hands-on experience in the nation’s capital.

“At Walmart, our commitment to diversity and inclusion spreads beyond our stores and out into the communities where our associates and customers live,” said Julie Gehrki, vice president of programs at Walmart. “Through relationships with organizations like CHCI and CBCF that reflect the diversity of American society, we can open the door to help more young people build a career in public service and expand the pipeline of talent on Capitol Hill and beyond by providing our future leaders with the tools needed for success.” 

At a time when people of color currently make up less than 20 percent of U.S. lawmakers (Pew Research Center), these grants come at a critical moment. Although diverse populations represent approximately 36 percent of the population, only 7.1 percent are senior staffers in the Senate, according to the Joint Center for Political and Economic Studies.

The CBCF will receive a three-year, $1 million grant to help prepare college students and young professionals for careers in public policy and advocacy. The funding will provide exposure to the development and implementation of national policies – from Capitol Hill to federal field offices – as well as support intern housing, monthly stipends, professional development and leadership training.

A three-year, $1 million grant to the CHCI will provide Latino undergraduates with paid summer or spring Congressional internships. Through Walmart’s support, students will gain valuable work experience, benefit from a strong leadership development curriculum, participate in a community service project and interact with professionals and industry leaders in Washington, D.C.

“The CBCF is committed to increasing diversity on Capitol Hill and in the public sector by creating a new generation of informed and engaged citizens and leaders,” said Congresswoman Sheila Jackson Lee, Chair, CBCF Board of Directors. “Internships are a critical component toward building a career in public policy. Through Walmart’s continued support and dedicated partnership, the Congressional Black Caucus Foundation has successfully increased the number of scholars who have access to the intern-to-staffer pipeline.”

“Walmart has led the way as the Founding Partner for CHCI’s Congressional Internship Program by significantly investing in our nation’s future leaders, “said Rep. Joaquín Castro, chair of the Congressional Hispanic Caucus Institute.  We value Walmart’s support of CHCI’s mission to address underrepresentation of Latinos on Capitol Hill by providing transformative experiences and the critical skills needed to embark on careers in public service.”

Walmart has a long history supporting diversity and inclusion to create equal access to opportunity. Recently, Walmart and the Walmart Foundation granted nearly $4 million to organizations helping to promote access, equity and inclusion among diverse populations. The funding was part of the Foundation’s Diversity & Inclusion competitive grant competition, which provides support to initiatives with measurable impact on and demonstrated reach into diverse communities including African Americans, Hispanic/Latino, Native American, Asian American and Pacific Islander, women and girls, the LGBTQ community and individuals with disabilities.

For more information on Walmart’s commitment to diversity and education, please visit https://corporate.walmart.com/global-responsibility/opportunity/diversity-and-inclusion.

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About Walmart

Walmart Inc. (NYSE: WMT) helps people around the world save money and live better - anytime and anywhere - in retail stores, online, and through their mobile devices. Each week, nearly 270 million customers and members visit our more than 11,700 stores under 65 banners in 28 countries and eCommerce websites. With fiscal year 2018 revenue of $500.3 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.

Global Impact Honored With 2018 Board Leadership Award

Mon, 07/23/2018 - 3:47pm

Global Impact has been recognized by the Center for Nonprofit Advancement as a recipient of their 2018 Board Leadership Award. The award recognizes outstanding leadership of nonprofit Boards of Directors in the Greater Washington area, including the role boards play in building and sustaining successful organizations.

“On behalf of the entire Global Impact Board of Directors, it is a privilege to be able to support such an innovative and dynamic organization,” said Steve Polo, board chair of Global Impact. “It is an honor to receive this award, and it will serve as encouragement to Global Impact’s board, leadership, and staff to continue the amazing work they are doing to grow global philanthropy and help the world’s most vulnerable people.” 

“We are delighted to deliver the 2018 Board Leadership Award to Global Impact, a solid organization with exceptional and innovative governance practices,” said Glen O’Gilvie, CEO of the Center for Nonprofit Advancement.

Global Impact will participate in two Board Leadership Award Webinars hosted by the Center for Nonprofit Advancement to share best practices revealed in this year’s competition. The webinars take place on Aug. 22, 2018 and Sept. 25, 2018, and there is no cost to attend. “We are honored to have Global Impact among our network of high performing organizations and look forward to the inspiration and opportunity the 2018 best practices webinars will provide for all nonprofits,” added O’Gilvie.

The Center for Nonprofit Advancement’s 2018 Board Leadership Award is presented by CohnReznick with additional support by the American Society of Association Executives (ASAE) and BoardSource. The Award was first presented in 2011, and the selection committee consists of distinguished members of the business, philanthropic and nonprofit community in the Washington, D.C., area. 

ABOUT THE CENTER FOR NONPROFIT ADVANCEMENT
The Center for Nonprofit Advancement is the first association in the country created for nonprofits and has been serving the Greater Washington area since 1979. Today, the Center interacts with thousands of nonprofits through training programs, award competitions, insurance benefits, group buying programs and communications. Monitoring new and shifting trends, the Center works collaboratively with local experts to develop custom programs and solutions, helping nonprofits save more … do more … and succeed moreultimately achieving a more sustainable future. Learn more at www.nonprofitadvancement.org.

ABOUT GLOBAL IMPACT
Global Impact is a leader in growing global philanthropy. The organization builds partnerships and raises resources that help the world’s most vulnerable people by providing integrated, partner-specific advisory and backbone services; workplace fundraising and representation; campaign design, marketing and implementation for workplace and signature fundraising campaigns; and fiscal agency and technology services. Global Impact partners with hundreds of public and private sector workplace giving campaigns to generate funding for an alliance of more than 100 of the most respected international charities. Through strategic council and implementation support, Global Impact equips nonprofits, public sector and private sector organizations to achieve their philanthropic goals. The organization also leads national marketing efforts for the Combined Federal Campaign (CFC), and serves as Outreach Coordinator for the Combined Federal Campaign of the National Capital Area (CFCNCA), the Combined Federal Campaign-Overseas (CFC-O) and three other CFC zones across the United States. Since 1956, Global Impact has generated more than $1.8 billion to help the world’s most vulnerable people. 

Learn more at charity.org. Follow Global Impact on Twitter and like us on Facebook.

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Merck Reinforces Commitment to Responsible Pricing

Mon, 07/23/2018 - 3:47pm

Merck (NYSE:MRK), known as MSD outside the United States and Canada, has a long history of responsible pricing. In 2017, Merck issued its second annual Pricing Action Transparency Report, which showed that net prices across Merck’s U.S. product portfolio declined by 1.9 percent. We believe that further changes are still necessary to help reduce patient out-of-pocket costs. To demonstrate our commitment to achieving this goal, we are making the following announcement:

  • We commit to not increase the average net price across our portfolio of products by more than inflation annually.

  • We are also lowering our price on ZEPATIER by 60 percent and several other medicines by 10 percent to reduce out-of-pocket costs for patients across the country. The Merck products selected were based on a range of factors including the gap between list price and actual discounted (net) prices paid in the market, the contractual obligations under existing arrangements with payers, and the opportunity to broaden access to treatment.

  • Going forward, we will continue to evaluate our portfolio of products to look for opportunities to further reduce costs for patients and the health care system.

About Merck

For more than a century, Merck, a leading global biopharmaceutical company known as MSD outside of the United States and Canada, has been inventing for life, bringing forward medicines and vaccines for many of the world's most challenging diseases. Through our prescription medicines, vaccines, biologic therapies and animal health products, we work with customers and operate in more than 140 countries to deliver innovative health solutions. We also demonstrate our commitment to increasing access to health care through far-reaching policies, programs and partnerships. Today, Merck continues to be at the forefront of research to advance the prevention and treatment of diseases that threaten people and communities around the world - including cancer, cardio-metabolic diseases, emerging animal diseases, Alzheimer's disease and infectious diseases including HIV and Ebola. For more information, visit www.merck.com and connect with us on Twitter, Facebook, Instagram, YouTube and LinkedIn.

Forward-Looking Statement of Merck & Co., Inc., Kenilworth, NJ, USA

This news release of Merck & Co., Inc., Kenilworth, N.J., USA (the “company”) includes “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based upon the current beliefs and expectations of the company’s management and are subject to significant risks and uncertainties. There can be no guarantees with respect to pipeline products that the products will receive the necessary regulatory approvals or that they will prove to be commercially successful. If underlying assumptions prove inaccurate or risks or uncertainties materialize, actual results may differ materially from those set forth in the forward-looking statements.

Risks and uncertainties include but are not limited to, general industry conditions and competition; general economic factors, including interest rate and currency exchange rate fluctuations; the impact of pharmaceutical industry regulation and health care legislation in the United States and internationally; global trends toward health care cost containment; technological advances, new products and patents attained by competitors; challenges inherent in new product development, including obtaining regulatory approval; the company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of international economies and sovereign risk; dependence on the effectiveness of the company’s patents and other protections for innovative products; and the exposure to litigation, including patent litigation, and/or regulatory actions.

The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Additional factors that could cause results to differ materially from those described in the forward-looking statements can be found in the company’s 2017 Annual Report on Form 10-K and the company’s other filings with the Securities and Exchange Commission (SEC) available at the SEC’s Internet site (www.sec.gov).

Contact:Merck
Pamela Eisele
267-305-3558

Norilsk Nickel Reports Significant Reduction in Emission of Air Pollutants and Improvements in Labour Health and Safety in 2017

Mon, 07/23/2018 - 12:47pm

MMC Norilsk Nickel PJSC, the world’s largest refined nickel and palladium producer, has released its annual Corporate Social Responsibility (CSR) report for 2017.

Nornickel President, Vladimir Potanin, has commented on the Company’s CSR performance: “The year 2017 was not just marked by strong progress in our sustainable development as the Company delivered further improvements in its health and safety records and completed the first phase of environmental program, but also was notable as we adopted new and ambitious long-term targets. Having already delivered a major reduction of Sulphur dioxide emissions in the city of Norilsk, the last year we approved the Sulphur Project, which should result in further and very substantial cut to emissions in our largest operating unit, Polar Division.  We see ourselves not just as a global mining industry leader that already supplies critical materials for the global car industry, which help to clean gas exhausts, but also as the company best positioned to supply the prospective and fast evolving electric cars industry. Nornickel is aiming to get greener itself, while already helping a great deal the world to get greener.”

The Group reported further improvement in its labour health and safety. In 2017, total work injuries were down 45% year-on-year (y-o-y), while Lost Time Injury Frequency Rate (LTIFR) was 0.43 injuries per 1 million man-hours. The number of fatalities at the Сompany’s industrial sites  almost halved  to 7 from 13 in 2016.

The company was on track with the implementation of its comprehensive environmental programme. The first phase of the programme has successfully been completed, with the Nickel Plant in the city of Norilsk fully idled alongside downstream reconfiguration, involving modernization and expansion of capacity of existing processing facilities, being complete. Since the complete halt of Nickel Plant in 2016, sulfur dioxide emissions within the city of Norilsk residential area has reduced by 30-35%.

The cornerstone of the second stage of our environmental programme is represented by the Sulphur Project in the Polar Division, which aims at the reduction of SO2 emissions there by 75% by 2023.  In 2017, after thorough analysis the Group selected the optimal technology for the Sulphur Project, which will entail construction of Sulphur dioxide capturing facilities to produce sulphuric acid, which will be then neutralized by natural limestone to produce gypsum. The project will involve installation of new equipment at Nadezhda metallurgical plant and modernization of Copper smelter. Investments in the Sulphur Project are estimated at up to US $2.5 bn through 2022.

In Kola operations, the Group is planning to optimize its smelting facilities, which should result in a reduction of Sulphur dioxide emissions by 50% already in 2019.

From 2013 to 2017, total air pollutant emissions were decreased by 12%, waste dispersion decreased by 21% and water consumption decreased by 16%. In 2017, total emissions of air pollutants reduced 4.6% y-o-y, including a 5% reduction in SO2 emissions and a 2.1% reduction in solid emissions.

In 2017, the water consumption reduced by 8.3% y-o-y. However, water discharge grew by 2.8% due to fluctuations in the inflow of mine water throughout the year.

In 2017, the Company launched hot commissioning of the Bystrinsky Mining and Processing Plant in the Chita region, which is considered to be one of the most environmentally-friendly mining facilities in Russia. The new technologies employed by the plant will help to preserve the natural environment, while enabling the steady rampup of production. Bystrinsky Project has also created new high-skilled jobs and contributed to the further improvement of the region’s investment climate and its long-term sustainable development.

New processing technologies and equipment rolled out at the Kola MMC, the Group’s subsidiary in the Murmansk region of Russia, have resulted in a significant reduction of air pollutant emissions in the Kola Peninsula. In 2017, the Sulphur dioxide emissions there were reduced by 8.3% y-o-y. Moreover, in 2017 Kola MMC’s passed its first assessment audit, which certified its compliance with the Together for Sustainability Organisation (TfS) principles. The Group’s Polar Division and Nornickel’s Harjavalta plant in Finland also passed such audit, that recognises Nornickel as a responsible corporate citizen with regards to both its labour force and the environment.

In 2017, The Company increased its support for local communities. Overall expenditures on social, charitable and social infrastructure development programmes totalled US $445 million*. Nornickel has also embarked on several major projects in the regions of its operations, including urban redevelopment, education, cultural and social entrepreneurship programmes.

In 2017, some of the internal ESG strategies and principles were formulated and approved by the Company’s Board of Directors into respective policies, such as Health and Safety Strategy, Environmental Policy, Biodiversity Policy, Equal Opportunities Programme, Working Conditions Policy, Anti-Corruption Policy, Indigenous Rights Policy, etc. The historical Audit Committee of the Board of Directors’ oversight over ESG matters have been also recognized to reflect in this Committee’s name as Audit and Sustainable Development Committee. The Company has also launched a new ESG section on its corporate website, providing details on its sustainable development strategy focusing on environmental management, social policy and corporate governance.

The Company’s efforts in improving its ESG performance has been gaining due recognition from leading independent rating agencies. For instance, MSCI ESG Research raised the Company’s ESG rating from “CCC” to “B”, praising its approach to managing and mitigating toxic emissions and waste by means of modernising equipment and decommissioning outdated facilities. Sustainalytics rating agency increased the Company’s score to 58 points (out of 100) in 2017 from 46 in a prior year.

Nornickel’s 2017 CSR report has been published in its long form as per GRI G4 CSR reporting recommendations, endorsed by the Non-Financial Reporting Council of the Russian Union of Industrialists and Entrepreneurs (RSPP), audited by an independent auditor, NP Consult, and reviewed by the Global Reporting Initiative SDG Mapping Service.

*US$ values provided above are based on the annual average exchange rate of 58.3529 Russian roubles per 1 US$.

ABOUT THE COMPANY

PJSC «MMC NORILSK NICKEL» is a diversified mining and metallurgical company, the world's largest producer of refined nickel and palladium and a leading producer of platinum, cobalt, copper and rhodium. The company also produces gold, silver, iridium, selenium, ruthenium and tellurium.

The production units of «NORILSK NICKEL» Group are located at the Norilsk Industrial District, on the Kola Peninsula and Chita region in Russia as well as in Finland and South Africa.

PJSC «MMC «NORILSK NICKEL» shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges. PJSC «MMC «NORILSK NICKEL» ADRs trade over the counter in the US and on the London and Berlin Stock Exchanges.

Media Relations: 
Phone: +7 (495) 785 58 00 
Email: pr@nornik.ru

Investor Relations:
Phone: +7 (495) 786 83 20 
Email: ir@nornik.ru

NORILSK NICKEL GROUP’S 2017 SUSTAINABILITY REPORT PDF

Voya Financial Named a Best Place to Work for Disability Inclusion

Fri, 07/20/2018 - 12:41pm

Voya Financial, Inc. (NYSE: VOYA), announced today that the company is one of 145 companies honored as a “Best Place to Work for Disability Inclusion” and included in the 2018 Disability Equality Index (DEI) in recognition of Voya’s commitment to prioritizing the inclusion of people with disabilities.

The DEI is a joint initiative between American Association of People with Disabilities (AAPD) and the US Business Leadership Network (USBLN), designed by disability advocates and business leaders as the nation’s most trusted comprehensive benchmarking tool for disability inclusion. The Index measures key performance indicators across organizational culture, leadership, accessibility, employment, community engagement, support services and supplier diversity.

“We applaud those companies that choose to take the DEI year after year and truly commit to advancing disability inclusion,” said Jill Houghton, President and CEO of USBLN. “Although we are far from true inclusion of people with disabilities across the enterprise, the DEI signals corporate America is recognizing inclusion as a competitive edge and beneficial for all.”

“At Voya, we are committed to addressing the needs of our customers and employees living with disabilities — as well as their families and caregivers,” said Chairman and CEO Rodney O. Martin, Jr. “Providing products and services that enable individuals in the disabilities community to plan for the future that they envision is a business priority and an extension of our vision to be America’s Retirement Company. Our inclusion in the 2018 DEI serves as a positive proof point that our efforts are making a difference in serving the needs of the disabilities and special needs community.”

Voya’s commitment to serving the disabilities community is exemplified through its Voya Caresprogram which provides a platform for tailored advice and resources so that Americans living with special needs and disabilities, and their caregivers, plan for the retirement they deserve. Voya also has designed programming to support its employees with disabilities and those who are caregivers and most recently established a Disabilities and Special Needs employee resource group.

About Voya Financial ®

Voya Financial, Inc. (NYSE: VOYA), helps Americans plan, invest and protect their savings — to get ready to retire better. Serving the financial needs of approximately 14.7 million individual and institutional customers in the United States, Voya is a Fortune 500 company that had $8.6 billion in revenue in 2017. The company had $541 billion in total assets under management and administration as of March 31, 2018. With a clear mission to make a secure financial future possible — one person, one family, one institution at a time — Voya’s vision is to be America’s Retirement Company®. Certified as a “Great Place to Work” by the Great Place to Work® Institute, Voya is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. Voya has been recognized as one of the 2018 World’s Most Ethical Companies® by the Ethisphere Institute, one of the 2018 World’s Most Admired Companies by Fortune magazine and one of the Top Green Companies in the U.S. by Newsweek magazine. For more information, visit voya.com. Follow Voya Financial on FacebookLinkedIn and Twitter @Voya.

VOYA-IR

Voya Financial
Nicole Vasile
Cell: 860-839-1589
Nicole.vasile@voya.com

Smithfield Foods Donates More Than 36,000 Pounds of Protein to Harvesters—The Community Food Network

Fri, 07/20/2018 - 12:41pm

Smithfield Foods, Inc. and Price Chopper joined forces to donate more than 36,000 pounds of protein to Harvesters—The Community Food Network. Smithfield’s contribution was part of the company’s 2018 Helping Hungry Homes® donation tour. Now in the program’s 10th year, Helping Hungry Homes® is Smithfield’s signature hunger-relief initiative focused on alleviating hunger and helping Americans become more food secure. The donation, equivalent to more than 147,000 servings, will help families fight hunger across northwestern Missouri and northeastern Kansas.  

“Hunger has no boundaries. We are thankful for our allies against hunger, such as Smithfield and Price Chopper, who help us provide nutritious and beneficial meals to the one in seven individuals in our local area struggling with hunger,” said Valerie Nicholson-Watson, president and CEO of Harvesters—The Community Food Network. “With donations like the one we have received today from Smithfield, we are able to educate and raise awareness of hunger across our service area while feeding those in need.”

Smithfield and Price Chopper representatives presented the donation to Harvesters at an event at a local Price Chopper this morning. Members of the organizations discussed food insecurity in the local community and the significance of this donation, which will provide protein throughout the food bank’s service area, including more than 20 counties across Missouri and Kansas. 

“The Price Chopper family takes pride in being a great neighbor. We’re thankful to partner with Smithfield Foods and Harvesters to provide quality protein to those in need,” said Casie Broker, vice president of marketing at Price Chopper. “Together, we can alleviate hunger in our communities.”

This is the 39th large scale protein donation made by Smithfield to food banks across the country during its 2018 Helping Hungry Homes® tour. Since the program’s inception in 2008, Smithfield has provided more than 100 million servings of protein to food banks, disaster relief efforts, and community outreach programs nationwide.

“Smithfield recognizes the importance of a balanced meal,” said Dennis Pittman, senior director of hunger relief for Smithfield Foods. “By joining forces with Harvesters and Price Chopper, we can create meaningful opportunities to help our neighbors in need throughout these Missouri and Kansas communities.”   

For more information about Smithfield Foods’ Helping Hungry Homes® initiative and a list of upcoming donation events, visit helpinghungryhomes.com.

 

About Smithfield Foods

Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Smithfield®, Eckrich®, Nathan's Famous®, Farmland®, Armour®, Farmer John®, Kretschmar®, John Morrell®, Cook's®, Gwaltney®, Carando®, Margherita®, Curly's®, Healthy Ones®, Morliny®, Krakus® and Berlinki®. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental and food safety and quality programs. For more information, visit www.smithfieldfoods.com.

About Harvesters—The Community Food Network
Harvesters is a regional food bank and was Feeding America's 2011 Food Bank of the Year. Serving a 26-county area of northwestern Missouri and northeastern Kansas, Harvesters provides food and related household products to more than 620 not-for-profit agencies including emergency food pantries, community kitchens, shelters and others. Agencies in Harvesters' network provide food assistance to as many as 141,500 different people each month. Harvesters, which was founded in 1979, is a certified member of Feeding America, a nationwide network of more than 200 food banks, serving all 50 states. For more information, visit www.harvesters.org.

About Price Chopper
Price Chopper's 53 Kansas City stores are locally owned by the Ball, Cosentino, McKeever and Queen families, all of whom live in Kansas City and oversee store operations on a daily basis. For 39 years, the owners and employees of Price Chopper have been committed to providing the highest quality products and top-of-the-line customer service to the thousands of customers they serve every day. For more information, please visit www.mypricechopper.com.

 

Media Contacts:

Harvesters—The Community Food Network

Sarah Biles

(816) 929-3068

sbiles@harvesters.org

 

Price Chopper 

Jessica Crozier

(913) 909-8771

jessica.crozier@inquestmarketing.com

Smithfield Foods Donates More Than 38,000 Pounds of Protein to The Food Bank of Iowa

Thu, 07/19/2018 - 3:39pm

Smithfield Foods, Inc. and Hy-Vee, Inc. joined forces to donate more than 38,000 pounds of protein to the Food Bank of Iowa. Smithfield’s contribution was part of the company’s 2018 Helping Hungry Homes® donation tour. Now in the program’s 10th year, Helping Hungry Homes® is Smithfield’s signature hunger-relief initiative focused on alleviating hunger and helping Americans become more food secure. The donation, equivalent to more than 152,000 servings, will help families fight hunger across Iowa.

“At the Food Bank of Iowa, we gather and distribute nutritious resources to those who are struggling with food insecurity while building active partnerships to raise awareness of hunger within our communities,” says Michelle Book, president and CEO of the Food Bank of Iowa. “With the help of Smithfield and Hy-Vee, this donation will aid more than 175,000 Iowans fighting hunger.”

Smithfield and Hy-Vee representatives presented the donation to the Food Bank of Iowa at an event at the food bank this morning. Members of the organizations discussed food insecurity in the local community and the significance of this donation, which will provide protein throughout the food bank’s service area, including more than 50 counties in Iowa. 

“This is another great way for Hy-Vee to help address concerns of food insecurity, and to continue our focus on the well-being of the communities we serve,” said Mark Luke, store director at the Mills Civic Hy-Vee who spoke at the event. “We thank Smithfield and the Helping Hungry Homes initiative for their continued generosity.”

This is the 38th large scale protein donation made by Smithfield to food banks across the country during its 2018 Helping Hungry Homes® tour. Since the program’s inception in 2008, Smithfield has provided more than 100 million servings of protein to food banks, disaster relief efforts, and community outreach programs nationwide.

“Smithfield Foods is dedicated to assisting communities across the country that are battling with food insecurity,” said Dennis Pittman, senior director of hunger relief for Smithfield Foods. “With this donation to the Food Bank of Iowa, we can further their efforts to provide nutritious and delicious food to the hungry people of Iowa.”   

For more information about Smithfield Foods’ Helping Hungry Homes® initiative and a list of upcoming donation events, visit helpinghungryhomes.com.

 

About Smithfield Foods

Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including Smithfield®, Eckrich®, Nathan's Famous®, Farmland®, Armour®, Farmer John®, Kretschmar®, John Morrell®, Cook's®, Gwaltney®, Carando®, Margherita®, Curly's®, Healthy Ones®, Morliny®, Krakus® and Berlinki®. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental and food safety and quality programs. For more information, visit www.smithfieldfoods.com.

About Food Bank of Iowa

Food Bank of Iowa is a private, not-for-profit organization committed to its mission of providing food to Iowa children, families and seniors to lead full and active lives, strengthening the communities where they live. Food Bank of Iowa distributes donated food and grocery products through Iowa’s largest network of emergency food providers, consisting of about 500 partner agencies in 55 counties. Last year, Food Bank of Iowa distributed more than 13 million lbs. of food through a network of 500 partners, including food pantries, homeless shelters, schools, and more. To learn more, visit www.foodbankiowa.org or find us on Facebook at www.facebook.com/foodbankiowa

About Hy-Vee, Inc.
Hy-Vee, Inc. is an employee-owned corporation operating more than 245 retail stores across eight Midwestern states with sales of $10 billion annually. The supermarket chain is synonymous with quality, variety, convenience, healthy lifestyles, culinary expertise and superior customer service. Hy-Vee ranks in the Top 10 Most Trusted Brands and has been named one of America’s Top 5 favorite grocery stores. The company’s more than 80,000 employees provide “A Helpful Smile in Every Aisle” to customers every day. For additional information, visit www.hy-vee.com.

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Media Contacts:

Food Bank of Iowa

Danny Akright

(913) 449-9550

dakright@foodbankiowa.org

 

Hy-Vee, Inc.

Amy McCoy

(515) 267-7770

amccoy@hy-vee.com

Sodexo Recognized by Black EOE Journal in 2018 Best of the Best Issue

Thu, 07/19/2018 - 3:39pm

 Sodexo, a food services and facilities management company committed to improving Quality of Life, announced today that it has been recognized by Black EOE Journalin the 2018 Best of the Best issue as a Top Employer, Top Supplier Diversity Program and Top LGBT-Friendly Company.

“We are thrilled for this recognition which reaffirms our commitment to the many areas of diversity and inclusion that we champion, “said Rohini Anand, PhD,  Global Chief Diversity Officer & SVP, Corporate Responsibility, Sodexo. “Integrating diversity and inclusion into our systems, processes and practices, including how we support diverse vendors and suppliers, is beneficial to our business and broadens our impact in the communities we serve.”

As part of Sodexo's Better Tomorrow Plan, the company is committed to partnering with vendors led by minorities, women, service-disabled veterans, LGBTQ and people with disabilities across the U.S.  Further, the company has made a global commitment to invest 25 percent of its global spend with small and local businesses, with a focus on women and other underrepresented groups, by 2025. In addition to being named as a Top Company and Top LGBT-Friendly Company by Black EOE Journal, Sodexo was named to Bloomberg’s 2018 Gender-Equality Index (GEI) – its first sector-neutral list of 104 global companies, and recognized on three of FORTUNE Magazine lists in 2017, including World’s Most Admired Companies, Change the World and the FORTUNE 500.

Black EOE Journal’s annual review is an evaluation of the nation’s employers, initiatives and government agencies. It provides non-biased results that are valuable resources for job-seekers, business owners, students, consumers, senior management, business associations, employment agencies and consumer groups.

About Black EOE Journal (BEOEJ)

The Black EOE Journal (BEOEJ) is the African American career and business connection. As one of the strongest growing African American publications in the nation, its mission is to inform, educate, employ and provide equal opportunity to corporate America in order to create a more diverse workplace.

 About Sodexo North America

Sodexo North America is part of a global, Fortune 500 company with a presence in 80 countries. Sodexo is a leading provider of integrated food, facilities management and other services that enhance organizational performance, contribute to local communities and improve quality of life for millions of customers in corporate, education, healthcare, senior living, sports and leisure, government and other environments daily. The company employs 150,000 people at 13,000 sites in all 50 U.S. states and Canada and indirectly supports tens of thousands of additional jobs through its annual purchases of $9.2 billion in goods and services from small to large American businesses. Sodexo is committed to supporting diversity and inclusion and safety, while upholding the highest standards of corporate responsibility and ethical business conduct. In support of local communities across the U.S., the Sodexo Stop Hunger Foundation has contributed close to $32 million over the past 20 years to help feed children in America impacted by hunger. To learn more about Sodexo, visit SodexoUSA.comSodexoInsights.com and connect with us on FacebookInstagramLinkedInTwitter and YouTube

Business and Investors “Crucial” to Delivering 2030 Agenda at the Country-Level

Thu, 07/19/2018 - 3:39pm

Creative approaches to advance the 17 Sustainable Development Goals (SDGs) are being jointly developed at the national level by multi-stakeholder partners.

That was the key take away from SDG Country Plans: A Roadmap to Private Investment, an event organized on the sidelines of the High-level Political Forum by the United Nations Global Compact, the Principles for Responsible Investment (PRI), the United Nations Environment Programme Finance Initiative (UNEP FI), the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the Permanent Missions of Ecuador, Egypt and Spain.

The event marked the next step in an important and ongoing conversation about breaking down silos and connecting Governments, business, investors and the UN on the increasingly critical topic of financing for the SDGs.

Representatives from Government, business, investor groups, the UN and Global Compact Local Networks relayed lessons learned and best practices, opening up new dialogues and approaches to advance the SDGs at the national level. In particular, Governments and investors agreed about the need to align private investments with SDG country plans.

In her opening remarks, Lise Kingo, CEO & Executive Director of the UN Global Compact, said, “The 17 SDGS are about people, planet and prosperity. It will be a true global transformation that humankind have never seen before, and we only have 12 years to get the whole thing right.” She continued: “It all hinges on connecting the SDG country plans with the private sector and investments to redirect finance toward the 2030 Agenda. In this work, the private sector is crucial.”

Luis Fidel Yáñez, Officer-in-Charge at ECLAC, underscored the importance of all actors aligning strategies on SDG targets and indicators to maximize impact. “A multi-stakeholder approach is the key to success. All key players must be engaged to implement the 2030 Agenda. We depend on this kind of strong partnership,” said Yáñez.

Throughout the event, the role and work of Global Compact Local Networks as the initiator of dialogues and a convenor of diverse stakeholders was frequently returned to. Mauricio López, Executive Director of Global Compact Network Colombia and Vice President, of ANDESCO, described how the Local Network works to enhance relationships between all stakeholders.

“We worked every day on spreading knowledge about the SDGs. I went to 96 conferences evangelizing the SDGs; and we became the natural body for the Government to implement the SDGs. Working together builds trust. We will have to build a language and indicators for the private sector to deal with the Global Goals,” he said.

During the discussion, it became clear that Governments play a crucial role in making the SDGs relevant to all stakeholders, including business, investor groups, civil society and local communities.

One example from the state of Paraná in Brazil stood out. The local government in Paraná have decided that all government money spent on procurement should go to companies that have an SDG strategy. Silvio Barros, Secretary of State of Paraná, explained the Government’s decision like this: “All the states’ investments are tied to specific Goals. We are also directing all the purchasing power of the state to companies and investments, that are tied to the Goals. Actually, we do not see any reasons why we should spend public money in companies that are not supportive of the [Ten Principles of the] UN Global Compact and the SDGs. We can direct our purchasing power to the achievement of the 2030 Agenda,” said Barros.

At the event, UN Global Compact launched a new report, Global Compact Local Networks: Accelerating National SDG Implementation, showcasing how Local Networks can help drive action and collaboration to close the gaps between where we currently are and where we need to be by 2030, the deadline for achieving the SDGs.

The financial sector urges Governments to finalize standards for measuring the impact of investments

The second panel at SDG Country Plans focused on mobilizing private capital for sustainable business, and engaged a high-level panel of Government officials and representatives from the financial sector.

H.E Saher Naser, Minister of International Cooperation and Investment in Egypt, described a range of initiatives and incentives taken by the Egyptian Government to attract more private capital.

“We have various kinds of awards and different incentive packages to ensure that the private sector can play role in achieving the SDGs. We need private investments alongside the Government, and it’s important to get the international financial institution community on board, so it’s not only the local finance sector and Government who invest with SDGs in mind,” said Naser.

H.E. Phillip Fox Gough, Minister Counsellor, Government of Brazil, opened the discussion about how Governments can improve their communication on the Voluntary National Reviews (VNRs) to the investor community. “There [are] a lot of interesting elements in the VNRs, but they are not communicated well. We are saying a lot of good things about what Governments do. It would be useful for investors if we focused a lot on identifying the gaps and challenges,” he said.

The interest from the financial sector in measuring the impact of investments was clear. Gavin Power, Executive Vice President and Chief of Sustainable Development and International Affairs at PIMCO, talked about the interest of investors in investing in the SDGs at the country level and highlighted the need for government to better define and package investment opportunities for the markets.

“We are seeing a profound transformation in finance sector where mainstream investors are looking to invest at scale in this area... In order to maximize the opportunities, we should work with Governments on investment targets, impact and change at scale. The UN has such an essential role to play in getting the actors together as a deal maker,” Power said.“It’s time for ‘SDG Bonds’ to move into the social areas — not just ‘green’ bonds — such as food and health, housing… If Governments build it, we [investors] will come.”

Maria-Aimee Boury, Managing Director, Impact Based Finance at Societe Generale Corporate and Investment Banking, talked about the need for a stable policy environment for investors.

“The key for us when we make a decision is the predictability. We would like to see the same level of commitment and predictability from the Governments and the municipalities into the project they have chosen as their priority. Governments need to commit to facilitate, which also means fast tracking, giving information and pushing for the projects, and continuing also if the Government changes,” said Boury, who also suggested optimistically that the private investments needed to advance the SDGs are actually within reach.

Before the event at the Spanish language and cultural centre Instituto Cervantes, the UN Global Compact hosted a well-attended lunch for representatives from the Group of G77 and China in order to update them on how Global Compact Local Networks have been mobilizing the private sector and UN system at the local level to help advance national priorities.

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About the United Nations Global Compact

The United Nations Global Compact is a call to companies everywhere to align their operations and strategies with ten universally accepted principles in the areas of human rights, labour, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals. The UN Global Compact is a leadership platform for the development, implementation and disclosure of responsible corporate practices. Launched in 2000, it is the largest corporate sustainability initiative in the world, with more than 9,500 companies and 3,000 non-business signatories based in over 160 countries, and nearly 70 Local Networks.

For more information, follow @globalcompact and visit www.unglobalcompact.org.

Science for a Cleaner, Healthier World

Thu, 07/19/2018 - 9:39am

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