Bridgestone EMEA announces today it is investing €36 million to digitise its manufacturing operations and create the smart factories of the future. From 2019 onwards, the project will enable Bridgestone EMEA to respond faster and more flexibly to evolving customer demands, while enabling production to use less energy and produce less waste. The investment will also see Bridgestone employees in EMEA upskilled to operate industry-leading digital technologies, that will subsequently help to improve resource efficiency and job satisfaction.
Improving efficiency, flexibility and sustainability
The €36 million smart factory project will see the full production process – covering manufacturing semi-finished products, energy supply, maintenance, production monitoring and production planning – transformed across eight European plants, across Poland, Hungary, Spain, Italy and France. These will benefit by saving energy, increased efficiency, reduced waste and simplified processes.
The first of these projects to be launched, ‘Smart Energy’, optimises the plants’ energy consumption and costs, which will allow energy savings of approximately 10 percent to be made. The ‘Smart Energy’ system creates a link between the production plans and energy consumption, and modelling these will optimise the energy requirement of tyre production.
The digitalisation of the plants will enable the data from tyre production to be stored, analysed and used by Bridgestone engineers in both Rome and Tokyo, to help design new and improved tyre models. Those new tyre model designs will be returned to the plant in a digital format, which will cut the production time of the first series of the new tyres in half.
Digitalisation will also play a major role in improving Bridgestone’s production efficiency by enabling the smart maintenance of the plants’ facilities. Artificial intelligence will be used to analyse data and forecast potential faults in machinery. The system will measure and analyse key parameters of the machinery with the help of sensors, and automatically suggest maintenance to avoid costly malfunctions. This new process will also help to optimise the planning of maintenance cycles.
The smart factory investment will also help to reduce the waste produced by Bridgestone EMEA across Europe. A stream of data on the production performance will be sent to a cloud-based database, where a purpose-built algorithm will look for connections between the production parameters and the features of the manufactured tyres. The results will be automatically forwarded to the on-site teams, who can then immediately take action and significantly reduce the number of production rejects.
Finally, the logistics processes of the Bridgestone plants will also be considerably simplified. The introduction of smart materials technology will mean that the plants’ specialists can digitally track and manage the path of prepared materials and semi-finished products within the plant. This will drastically simplify production planning and administrative processes, from mixing materials to warehousing.
Making Bridgestone EMEA future-ready
This €36 million investment comes following the success of Bridgestone’s earlier initiatives to digitise the tyre production process, such as the use of EXAMATION. EXAMATION is Bridgestone’s AI-based, high-productivity manufacturing technology, which measures and checks the quality parameters of tyres at 480 points – collecting 700 MB of data per tyre.
The investments will go hand-in-hand with training of the plant operators to master the correct handling of the latest digital technologies and maximise the potential of the investments. The dashboards and insights delivered by the smart factory will allow them to better steer and optimize the production process and ultimately contribute to greater autonomy and job satisfaction.
Adolfo Llorens, VP Manyfacturing Bridgestone EMEA, commented: “This smart factory project will go a long way in making Bridgestone EMEA future ready. Not only will our processes become more efficient and more sustainable, but they will also lead to better products. For example, the digital machines we’ll be using apply algorithms that check the quality parameters of the tyres produced to improve the evenness of quality by 15 percent. I really can’t wait to see how this project evolves over the next four years.”
Director of PR and Communications
Bridgestone in EMEA: +32 478 78 26 22
About Bridgestone in Europe, Middle East and Africa
We're the EMEA business of the world’s largest tyre and rubber company. For almost 90 years, we've been providing the confidence to get people and goods where they need to go as conveniently as possible, without interruption. That’s as true today as ever and means we’re trusted where it matters most: where the vehicle meets the road. We’re brilliant chemists, engineers and data scientists with some of Europe’s most advanced factories and world-beating technology. We’re uncompromisingly focused on providing real solutions to the real problems that drivers face on the road every day. We keep them going, no matter what.
The Hispanic Association on Corporate Responsibility (HACR) concluded 2019 Executive Programs which took place May 3-5, 2019, at the JW Marriott Marquis in Miami. The 2019 sponsors were Target and Warner Media.
The 2019 Executive Programs include four groups: HACR Young Hispanic Corporate Achievers™; HACR Corporate Achievers Summit™; HACR Corporate Executive Forum™; and HACR Corporate Directors Summit™. These four leadership development programs are designed to accelerate the human capital of mid to senior level corporate executives, board members, and rising talent.
HACR Young Hispanic Corporate Achievers™ (YHCA) is a five-day leadership program consisting of talent currently employed at Fortune 500 and HACR Corporate Member companies, within the age range of 25-40 years old. A nomination, application, and selection process must be completed prior to admittance into the program. During the HACR Awards and Recognition Dinner, 40 HACR Young Hispanic Corporate Achievers™ were awarded for their completion of this competitive program. Access the 2019 HACR YHCA class list in this press release.
The 2020 YHCA Nomination process will begin July 2019 and close in August 2019. Applications will be reviewed and finalists will be selected in December 2019. The Young Hispanic Corporate Achievers™ program will take place April 26-April 30, 2020 at the InterContinental Los Angeles Downtown hotel.
To be enrolled in HACR’s YHCA email list, fill out this contact us form.
HACR Corporate Achievers Summit™ (CAS) is a three-day leadership development, educational, and training program with a focus on transitioning mid-career talent to the C-suite. The program is only open to past participants of the HACR YHCA program. Some CAS sessions included Cultivating CAS Connections & Strategic Partnerships, Executive Principals, and Insights from the C-Suite.
HACR Corporate Executives Forum™(CEF) consists of senior level Hispanic and Latino executives within three reporting levels of the enterprise-wide CEO or those who have fiduciary responsibility in excess of half a billion dollars. Participants must be U.S. based Hispanic and Latino C-suite executives at Fortune 500 and/or HACR Corporate Member companies. Participants attended sessions facilitated by the National Association of Corporate Directors (NACD).
HACR Corporate Directors Summit™ (CDS) is a development program that is by invitation only for sitting Hispanic and Latino corporate board directors. Business sessions focus on boardroom issues, boardroom best practices, and strategy development to address the lack of Hispanic inclusion on corporate boards. Noteworthy sessions were Managing Disruptive Environments, Maximizing Your Capital Structure, and Understanding the Need for an Augmented Reality Strategy.
The 2020 HACR Executive Programs will take place from April 27th- April 29th, 2020, at the InterContinental Los Angeles Downtown hotel. To learn more about HACR’s Executive Program visit http://www.hacr.org/executive-programs/.
About the Hispanic Association on Corporate Responsibility
Founded in 1986, the Hispanic Association on Corporate Responsibility (HACR) is a leading corporate advocacy organization in the nation representing 14 national Hispanic organizations in the United States and Puerto Rico. Its mission is to advance the inclusion of Hispanics in Corporate America at a level commensurate with our economic contributions. To that end, HACR focuses on four areas of corporate social responsibility and market reciprocity: Employment, Procurement, Philanthropy, and Governance.
The Crafted Convergence carpet collection from Durkan, the hospitality brand of Mohawk Group, was recently recognized by Hospitality Design magazine with an HD Award for flooring at a special ceremony in New York.
“It is quite the honor for this innovative collection to be awarded yet again by esteemed industry colleagues and leaders,” said Elizabeth Bonner, creative design director for Durkan. “This has been an incredible partnership that continues to provide inspiration not only to our own team, but the wider hospitality architecture and design community as well.”
Crafted Convergence was inspired by Durkan’s collaboration with two museums in Santa Fe, New Mexico. Original source materials from the Museum of Indian Arts & Culture and the Museum of International Folk Art provided designers with a unique opportunity to pay homage to handcrafted utilitarian articles through striking patterns for broadloom, carpet plank and Durkan’s Definity manufacturing technology. Collection styles draw inspiration from broad and varied sources—from Native American pottery and baskets to everyday Japanese and African garments.
“There is an everyday quality in so much of this material, but at the same time, it has been elevated to art by the pure intention of mindfulness,” said Pamela Kelly, vice president of licensing and brand management at the Museum of New Mexico Foundation. “We are very committed to ensuring there are no reproductions of the cultural materials because it is the responsible thing to do. The Durkan team understood and respected this commitment, and in using these materials as their inspiration, created entirely new motifs for a new audience that has embraced and celebrated them.”
For 15 years, the HD Awards program has recognized the best product and project designs of the year across the hospitality industry. This year the product awards portion was judged by a jury of esteemed hospitality design professionals, including Gray Shealy, associate vice president, architectural design and innovation, Royal Caribbean Cruises, Ltd.; Miriam Torres, founding partner, Parker-Torres Design; and Therese Virserius, cofounder, Virserius Studio.
Shortly after its debut last year, Crafted Convergence was recognized with the IIDA/HD Expo Product Design Award for flooring: carpet and rugs and was named a hospitality flooring honoree in the Interior Design HiP Product Awards program at NeoCon 2018. Earlier this year, the collection took home the ASID Georgia Design Excellence Gold Award for custom design by industry partner.
“What started out as a creative journey for us has led to opportunities to find new inspiration in time-honored patterns to create the most memorable interiors and showcase the amazing things that happen when you imagine with Durkan,” added Bonner.
Portions of the proceeds from the sales of Crafted Convergence are given back to the two museums in New Mexico to help preserve the stories and cultural source materials behind the collection. Visit www.Durkan.com to watch a video clip about the collection and learn more about the inspiration behind Crafted Convergence.
From the hotel lobby and corridors to guest rooms and ballrooms, casinos and areas of assisted living facilities, Durkan is world-renowned as an industry leader in innovative design solutions and high style, high-performance hospitality flooring solutions. Durkan’s products are offered in a wide range of exclusive innovative pattern and texture technologies, including Definity™, an advanced generation precision sculpturing technology that produces the highest definition of texture, pattern and color available in hospitality carpet; and Synthesis™, which provides a three-dimensional layering effect using a custom base and Precision Dye Injected (PDI) surface that enables unprecedented image quality. Durkan is the hospitality brand of Mohawk Group, a leading commercial flooring manufacturer and a pioneer in the design of sustainable flooring.CONTACT Luke Chaffin +1 (762) 204-5607 email@example.com
Palsgaard has reached its goal of total carbon-neutral production two years early, describing the achievement as a milestone for the whole ingredients industry.
The Danish company, known as the inventor of the modern plant-based food emulsifier, has a long history of social and environmental responsibility. In 2010, it set itself the goal of completely carbon-neutral production within ten years.
It has achieved this target two years ahead of schedule, reducing its net carbon emissions from 12,029 tonnes in 2010 to zero in 2018. Over that period, it has achieved CO2 reductions totalling 56,175 tonnes – equivalent to the amount produced by 4885 European (EU) households in a year.[i]
The company’s six global production sites are now all carbon-neutral, mainly through changing sources of energy. Strategies have included new heat recovery and insulation techniques, a switch from heavy fuel oil to certified biogas, and the use of renewables. At Palsgaard’s main site in Denmark, all electricity is sourced from hydro power, and indoor heating is powered by burning home-grown straw rather than oil.
The company’s Dutch factory has over 800 solar panels and has run off only renewable energy since the start of 2018. Because changing energy sources is not possible everywhere, Palsgaard has also partnered with the UN and purchases its official carbon credits to offset emissions.
As far as the company is aware, it is the only emulsifier manufacturer to achieve carbon neutrality but it hopes others will follow suit.
Jakob Thøisen, CEO of Palsgaard said: “This is a major milestone ― not just for Palsgaard but for the whole ingredients industry. The production of emulsifiers is very energy-intensive and when we decided to eliminate our carbon footprint, many thought it couldn’t be done. However, we’ve demonstrated that with ambition and innovation, sustainable ingredient production is possible. Achieving CO2-neutral status ahead of schedule has given us extra energy to continue making a difference. We hope other companies will be inspired to go on the same journey.”
Palsgaard, which is celebrating its centenary this year, is now planning a range of new green initiatives, including a new solar energy park at its headquarters in Denmark.
Anders Brix, Group CEO of the Schou Foundation, which owns Palsgaard, said: “Throughout Palsgaard’s hundred-year history, we have been dedicated to meeting challenges and climate change is undoubtedly the greatest challenge facing us now. At the moment, carbon neutrality is a rare achievement, but it will soon be the norm. Manufacturers will be forced to reduce their emissions, not just because it’s the right thing to do, but because environmentally conscious consumers demand it.”
As well as being manufactured in CO2-neutral factories, all Palsgaard’s emulsifiers are vegetable-based and sourced as sustainably as possible. Where the company uses palm oil ingredients, it relies on RSPO-certified raw materials, enabling it to offer its complete product range as MB- or SG-certified.
For more information, view Palsgaard’s 2018 Corporate Social Responsibility Report:
Emulsifier specialist Palsgaard helps the global food industry make the most of the ability to mix oil and water.
Thanks to the company’s specialised emulsifiers (and emulsifier/stabiliser systems), bakery, confectionery, condiments, dairy, ice cream, margarine and meat producers can improve the quality and extend the shelf-life of their products. Just as importantly, they can produce better-for-you products with improved taste, mouthfeel and texture while using less resources.
Since its founder Einar Viggo Schou invented the modern plant-based food emulsifier in 1917, Palsgaard has offered the industry know-how and innovation. From its six application centres around the world Palsgaard’s experienced food technologists help manufacturers optimise existing recipes and develop delicious products with better nutritional profiles.
Palsgaard helps manufacturers meet consumer and regulatory demands for greater responsibility, helping them grow and protect their brands. It is currently the world’s only commercial source of fully sustainable, emulsifiers based on RSPO SG-certified palm oil and produced by CO2-neutral factories in Denmark, the Netherlands, Mexico, Brazil, China and Malaysia. The company’s products are non-GMO, and meet halal and kosher requirements.
In addition to its food emulsifiers, Palsgaard supplies the polymers industry with a series of plant-based polymer additives, which are particularly suited for preventing fogging and dust on plastic packaging.
Palsgaard is owned by the Schou Foundation and has 549 employees across 16 countries. Its turnover in 2018 was 211 million USD (1.4 billion DKK) with products sold to more than 120 countries.
Please download press-kit with photos, infographic and FAQ from this link.
For more information please contact:
Mette Dal Steffensen, Senior Marketing Specialist, Palsgaard A/S
firstname.lastname@example.org | +45 2073 4534
Steve Harman, Account Director Ingredient Communications
email@example.com | + 44 (0)7538 118079
[i] An average EU household, including its transportation emits 11.5 tonnes of CO2 per year
SC Johnson today announces that the company’s global operations in India and Nigeria have earned 2019 Best Workplace recognition by Great Place to Work®. SC Johnson India earned the No. 44 spot among large organizations while SC Johnson Nigeria ranked 2nd on the list of small to medium-sized organizations.
“I am proud of both the India and Nigeria teams for continuing to be recognized among the best places to work,” said Fisk Johnson, Chairman and CEO of SC Johnson. “These recognitions reflect their commitments to creating great work environments and their dedication to company values.”
This marks the third consecutive year the India operation has appeared on the Best Workplace list and the sixth time dating back to 2010. Meanwhile, SC Johnson Nigeria is making its fifth overall appearance on the Best Workplace list. SC Johnson Nigeria was also recognized for best practices in the category of Leadership.
The Nigeria and India teams join SC Johnson Central America, Italy, Greece, Switzerland, Canada, Turkey, Mexico and United Kingdom as Best Workplaces in 2019. SC Johnson has also earned Best Multinational Workplace recognition in Asia, Latin America and Europe. These awards and placement in the rankings are determined by the results of an employee opinion survey and information provided about company culture, programs and policies.
In the United States, SC Johnson has been included 30 times in Working Mother magazine’s list of the “100 Best Companies” for its programs and benefits that support working parents including paid family leave, schedule flexibility and advancement of women.
The company also received a perfect score of 100 percent on the Human Rights Campaign Corporate Equality Index in 2019. This HRC honor marked the 14th time the company earned a perfect score and its 17th year of recognition on the workplace equality list.
About SC Johnson
SC Johnson is a family company dedicated to innovative, high-quality products, excellence in the workplace and a long-term commitment to the environment and the communities in which it operates. Based in the USA, the company is one of the world's leading manufacturers of household cleaning products and products for home storage, air care, pest control and shoe care, as well as professional products. It markets such well-known brands as GLADE®, KIWI®, OFF!®, PLEDGE®, RAID®, SCRUBBING BUBBLES®, SHOUT®, WINDEX® and ZIPLOC® in the U.S. and beyond, with brands marketed outside the U.S. including AUTAN®, BAYGON®, BRISE®, KABIKILLER®, KLEAR®, MR MUSCLE® and RIDSECT®. The 133-year-old company, which generates $10 billion in sales, employs approximately 13,000 people globally and sells products in virtually every country around the world. www.scjohnson.com
In the lead-up to the UN Secretary-General’s Climate Action Summit to be held on 23 September in New York, the UN Global Compact has convened more than 20 global leaders in a campaign calling on chief executives to set science-based targets for greenhouse gas emission reduction aligned with limiting global temperature rise to 1.5°C above pre-industrial levels. Business leaders who commit to 1.5°C will be recognized at the Private Sector Forum, which this year doubles up as the official luncheon of the UN Climate Action Summit. Learn how your company can make a critical and necessary contribution to reducing emissions and join world leaders in taking ambitious climate action »
NEWS & UPDATES
The UN Global Compact has launched a series of events to accelerate progress on the SDGs at the national level. Organized as part of its Making Global Goals Local Business campaign, these events will offer an opportunity for private sector leaders to share best practices and learn from others operating in the same business environment. Kicked off by Global Compact Network UK on 24 June in London, the series will later this year feature events in Canada, Indonesia, Lebanon, Mexico, Sri Lanka (co-hosted with Bangladesh, India, Nepal and Pakistan) and Tanzania (co-hosted with Kenya). Read more »
An urgent call to ocean action
From land runoff to overfishing, plastic pollution to global warming, the ocean is at risk. As ocean threats rise, so too must we scale up our willingness to drop “business-as-usual” and take bold ocean action. Whether you represent a business, Government or civil society, we are all responsible for saving the ocean, and by doing so do we have a chance to save the planet. Read Lise Kingo’s latest Executive Update »
According to a new report published by the UN Global Compact and developed in consultation with 300 representatives of business, civil society and academia, a healthy, productive and well-governed marine environment is not only necessary for many companies’ long-term operations, but it can offer significant opportunities too. Read the report »
On World Oceans Day, the UN Global Compact launched the Ocean Accelerator Network, a new collaborative platform for business, academia and start-up accelerators to enhance the development of business solutions geared towards a healthy and productive ocean. Among other activities, the network will provide mentorship for students and young entrepreneurs, with the goal of mobilizing them to answer to the needs of a sustainable blue economy that will help preserve the marine environment. Learn more»
HIGHLIGHTS FROM AROUND THE WORLD
At the 9th Annual Global Compact Network Colombia Congress, businesses were recognized for commitment to best practices in advancing sustainable development. The 135 nominations received were judged by an expert committee composed of 70 SDG leaders, and recognition was given to businesses that were particularly driven to advance the 2030 Agenda. Read more »
The 7th General Assembly of Global Compact Network Turkey brought companies together to discuss progress on the Global Goals in the country. Speaking at the event, Paul Polman, Vice-Chair of the UN Global Compact Board, noted that the world is in a major crisis because of great inequalities and climate change. He said, “If we want to achieve the progress needed, we must all redouble our efforts in support of the SDGs. A mobilization aiming at positive social and environmental change is necessary. We have to raise our voice to call for urgent action.” Read more »
Read more news from our Local Networks »
ACTIONS YOU CAN TAKE
Setting your company's science-based target does not only establish a clearly-defined pathway to reducing greenhouse gas emissions, but also helps drive innovation, ensure regulatory certainty, strengthen investor confidence and improve profitability and competitiveness. Act now »
Why sustainable ocean business?
How we protect and manage the ocean will determine much of our success in delivering the Global Goals by 2030. Companies that are connected to the ocean have a critical role to play — join our Action Platform for Sustainable Ocean Business to help ensure the ocean is sustainably managed »
Are you a 2019 SDG Pioneer? The deadline for submissions is 12 July
With less than 4,500 days left to achieve the SDGs, help us identify the 2019 UN Global Compact SDG Pioneers. We are looking for young business leaders, aged 35 and under, who are making Global Goals local business. Submit your sustainability story today »
More actions you can take »
SAVE THE DATE:
From 23 to 26 September is this year's highest-level opportunity for business to engage with world leaders on the SDGs at the United Nations. Key opportunities include:
Learn more »
Available to UN Global Compact Participants, the Academy is designed to give you the knowledge and skills you need to meet your company’s sustainability objectives — regardless of your region, sector or industry »
10 July | 9:30 a.m. ET
Academy Special Briefing — Business Ambition for 1.5°C: Our Only Future »
Second Special Briefing on Private Sector Engagement at the UN Climate Action Summit 2019
This special briefing will provide businesses and investors with a report-back on the outcomes from the preparatory meeting in Abu Dhabi and guidance on how to meaningfully contribute to the UN Climate Action Summit on 23 September. The session builds on the previous UN Global Compact Academy session on Private Sector Engagement in the UN Climate Action Summit.
Also explore the on-demand course on How to Set Science-Based Targets Aligning with 1.5°C Pathways and the related Essentials Guide to start taking action in your company today.
ABOUT THE UN GLOBAL COMPACT
As a special initiative of the UN Secretary-General, 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.
CONTACTLeila Puutio +1 (212) 907-1301 firstname.lastname@example.org United Nations Global Compact https://www.unglobalcompact.org/ @globalcompact @Lise_Kingo https://facebook.com/UNGlobalCompact https://linkedin.com/company/united-nations-global-compact https://www.instagram.com/globalcompact/
Bridgestone has announced the launch of Enliten, a new innovative lightweight tyre technology that represents an unmatchable reduction in material and rolling resistance performance to contribute to the reduction of a vehicle’s CO2 emissions, while providing the same wear life as a standard original equipment tyre. Benefitting car manufacturers, drivers and the environment, tyres with embedded Enliten technology also improve the vehicle’s handling and stability to increase driving pleasure.
More sustainable, more efficient
Today, dwindling resources and climate change are two global megatrends bearing huge pressure on the environment and automotive sector. European legislators have reacted by setting increasingly stricter targets on original equipment manufacturers (OEMs) to reduce the CO2 emitted by their vehicles.
Enliten is Bridgestone’s latest breakthrough solution to achieve those goals through original equipment tyres. The technology reduces the rolling resistance of a passenger tyre by, on average, 20 percent from a standard premium summer touring tyre. This enables tyres with embedded Enliten technology to help reduce fuel consumption and CO2 emissions in combustion vehicles, while also extending battery life and vehicle range in electric vehicles.
Enliten enables passenger tyres to be reduced in weight by, on average, 10 percent from a standard premium summer touring tyre. This not only ensures that less raw materials are used to manufacture the tyres, but also contributes to the reduced rolling resistance. Enliten is able to achieve all that without any trade-off on tyre wear or safety. The technology even improves the vehicle’s handling and stability to increase driving pleasure.
A new approach to tyre design and production
Enliten has achieved these capabilities through an innovative approach to tyre design and production. The technology combines a proprietary compound mix that enables improved wear performance and a decreased tread depth, a reduced and reinforced inner liner thickness, and a new dedicated mould design concept.
Paolo Ferrari, CEO and President Bridgestone EMEA, commented: “Becoming more sustainable is the responsibility of every person and business on this planet. For example, at Bridgestone, everything we do must contribute to our sustainability strategy, ‘Our Way to Serve’. Of course, our customers have their own initiatives, and as their partner, we are responsible for helping them achieve their goals as best we can. As we are working towards our long-term environmental vision to manufacture products from raw materials that are fully renewable and sustainable by 2050 and beyond, Enliten is a great step forward.”
In the face of current social, economic and technological trends, Bridgestone is rapidly transforming from a premium tyre producer into a leader in mobility solutions. In recent years, Bridgestone Corporation has invested heavily in R&D, spending approximately €800 million per year (the highest amount in the industry) to develop new technologies, products and solutions that can enable customers, fleets and end-users to become more sustainable and more efficient.
Bridgestone will soon be announcing partnerships that will see Enliten technology applied to vehicles in the European market.
Director of PR and Communications
Bridgestone in EMEA: +32 478 78 26 22
About Bridgestone in Europe, Middle East and Africa
We're the EMEA business of the world’s largest tyre and rubber company. For almost 90 years, we've been providing the confidence to get people and goods where they need to go as conveniently as possible, without interruption. That’s as true today as ever and means we’re trusted where it matters most: where the vehicle meets the road. We’re brilliant chemists, engineers and data scientists with some of Europe’s most advanced factories and world-beating technology. We’re uncompromisingly focused on providing real solutions to the real problems that drivers face on the road every day. We keep them going, no matter what.
Xylem (NYSE:XYL), a global water technology provider, announced an ambitious set of goals that advances the Company’s sustainability commitment across three fronts: serving its customers, building a sustainable company, and empowering communities through social impact initiatives. The new goals were published in Xylem’s 2018 Sustainability Report: "Creating a Water-Secure World,” also released today.
“Sustainability is core to everything we do at Xylem,” said Patrick Decker, President and CEO of Xylem. “We have a unique opportunity and responsibility to advance sustainability through our commercial and humanitarian efforts to solve water for communities around the world, and through our work to raise public awareness and engagement.”
Decker continued: “Water is one of the most direct and universal ways to advance sustainability, because everyone depends on it. Building upon our foundation as a sustainable and financially strong company, we will accelerate our work with water stakeholders and communities to drive innovation and change, inspire the next generation of water stewards, and create a more water-secure world.”
With over 2 billion people across the globe living in water-stressed countries, Xylem recognizes its role in converging water and digital technologies to solve water challenges, safeguard our environment and drive social change. The Report and 2025 Goals reinforce the Company’s commitment to pioneering new approaches and partnerships to help solve the major water challenges of our time, with a focus on water scarcity, affordability and resilience, and to create a more water-secure world.
“In recent years, Xylem has taken a leadership role in driving the digital transformation of water, helping utility, industrial and other users of water advance their efforts to be responsible stewards of the planet’s most essential resource. With our global reach across the water cycle, we are strongly positioned to drive change and promote water sustainability,” said Claudia Toussaint, Senior Vice President and General Counsel and executive sponsor for Environmental, Social and Corporate Governance (ESG) at Xylem.
She continued: “In developing our 2025 Signature Goals, we focused on moving the needle in areas relating to the world’s most urgent water challenges. We are also redoubling our efforts to be a company that leads by example and makes a difference by creating social impact for millions of people around the globe.”
Highlights of Xylem’s signature and other goals to achieve by 2025 follow:
In its 2018 Sustainability Report, Xylem details its specific 2025 goals as well as the Company’s progress against its five-year sustainability goals laid out in 2014, some of which the Company surpassed a year ahead of plan. Highlights include: Reduced GHG emissions intensity by 18.4 percent, driven in large part by energy reduction efforts and the growing number of Xylem sites utilizing renewable energy, and decreased water intensity by nearly 17 percent predominantly through water reuse at its facilities. Xylem Watermark, the Company’s corporate citizenship program, surpassed its three-year program goals in 2018, reaching 125 percent of its employee volunteer hours goal and 100 percent of its employee participation goal. In total, over 15,500 volunteer participants across the globe made a difference in their own communities by volunteering more than 110,000 hours in water-related activities.
Among recent sustainability milestones, Xylem announced the first sustainable improvement loan in the General Industrial Sector in the U.S., tying the Company’s lending rates to its overall sustainability performance as rated by Sustainalytics. With a score of 78, Xylem is currently rated in the 98th percentile in its overall ESG score and has a relative position as a Leader compared to industry peers. Xylem is also rated AA by MSCI and has a CDP score of A- in Climate Change. Xylem has signed the UN Global Compact, the CEO Water Mandate, the Human Rights Campaign Foundation’s Global Business Coalition, the World Business Council WASH pledge and the UN Women’s Empowerment Principles.
Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings. Xylem also provides a leading portfolio of smart metering, network technologies and advanced infrastructure analytics solutions for water, electric and gas utilities. The Company’s approximately 17,000 employees bring broad applications expertise with a strong focus on identifying comprehensive, sustainable solutions. Headquartered in Rye Brook, New York, with 2018 revenue of $5.2 billion, Xylem does business in more than 150 countries through a number of market-leading product brands.
The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all – that which occurs in nature. For more information, please visit us at www.xylem.com.
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CONTACTJenny Rider +1 (914) 246-7184 Jenny.email@example.com Media Matt Latino +1 (914) 323-5821 Matthew.Latino@xyleminc.com Investors
Keep America Beautiful®, the nonprofit steward of litter prevention for more than six decades, is partnering with Fishbrain, the world’s most popular mobile app and social network for people who love fishing, to ask the app’s more than 8 million users in the United States to undertake the largest-ever crowdsourced audit of litter in the U.S.
This collaboration comes a year after the inaugural event, which took place on the Fourth of July 2018, when 32,800 people took part in the campaign across 575 different fishing locations around the U.S. The 2019 equivalent event, held on and in the days after Independence Day, aims to take advantage of the volume of environmentally conscious anglers who traditionally go out fishing at this time of year.
The Fourth of July is also one of the worst days for littering in America, with National Retail Federation data revealing that more than 66 percent of Americans spend the holiday outdoors at a picnic, many of which are along shorelines of rivers and lakes. With more than $6 billion spent on food and more than $1 billion spent on beer, and with the average American generating 4.4 pounds of waste daily, the amount of trash improperly disposed of during out-of-doors celebrations is a significant problem.
Using Fishbrain’s geolocation feature and the in-app hashtag #TrashOfTheDay, users of the app are encouraged to remove and log littered items they encounter while fishing, and upload images into the app.
The data collected via the Fishbrain app about volumes and locations of trash in America’s waterways, lakes, and shorelines allows Keep America Beautiful to better understand the composition of litter in waterways around the country. This in turn enables their nationwide teams of local volunteers, working with Keep America Beautiful’s more than 600 community-based affiliates, to more effectively focus litter removal and prevention efforts.
Speaking on the partnership, Johan Attby, CEO of Fishbrain, comments: “Seeing so many people come out to clean last year was an inspiration! We think we can really build on this success and harness the power of such a conscientious digital community as Fishbrain users. This is what technology is all about! Bringing people with shared interests and passions together, and harnessing the power of the collective.”
“Keep America Beautiful is keenly interested in preventing land-based litter from flowing to our oceans,” says Keep America Beautiful President and CEO Helen Lowman. “Our partnership with Fishbrain provides us a tremendous opportunity to capture valuable waterway litter data from their fishing community, while they’re out enjoying the Fourth of July holiday and through the rest of the summer.”
2018 - The Numbers
In terms of trash collected on Independence Day 2018, over 32,800 people took part in the campaign across 575 different fishing locations around the U.S. California was the most active state when it comes to cleaning up America, with the most trash collected and logged there (especially in Harbor Lake, Los Angeles). California was followed by Texas (with particularly high activity at Lake Corpus Christi), Florida (Halifax River), Utah, and Colorado.
Fishbrain user, Luis from California, uploaded his trash and commented “My sons and I took home two bags of garbage that wasn’t ours today, and I challenge you to make a difference too! Every time you fish the shorelines anywhere, try to leave it cleaner than you found it. We have to preserve our fishing grounds for our kids and grandkids to fish someday.”
About Keep America Beautiful
Keep America Beautiful, the nation’s iconic community improvement nonprofit organization, inspires and educates people to take action every day to improve and beautify their community environment. Established in 1953, Keep America Beautiful strives to End Littering, Improve Recycling and Beautify America’s Communities. We believe everyone has a right to live in a community that is clean, green and beautiful, and shares a responsibility to contribute to that vision. The organization is driven by the work and passion of more than 600 Keep America Beautiful affiliates, millions of volunteers, and the collaborative support of corporate partners, social and civic service organizations, academia, municipalities, elected officials, and individuals. Join us on Facebook, Instagram, Twitter and YouTube. Donate and take action at kab.org.
About Fishbrain (www.fishbrain.com)
Fishbrain is the world’s most popular mobile app and social network for people who love to fish. Bringing fishing into the digital age, the free-to-use app, with 8 million users worldwide and 5 million in the U.S., helps create the best possible fishing experience by providing everyone - whether beginner or pro - with the tools, insights, and support to fully enjoy the world’s most popular sport.
Fishbrain, twice named by WIRED as one of Europe’s Hottest Startups, was founded in Stockholm in 2012, with the app launching in 2013. The startup has fostered a passionate and collaborative community, by helping them take their technique to the next level, arming them with the tools and gear needed to succeed. Fishbrain currently employs over 70 people and is headquartered in Stockholm, Sweden.
In March 2018, Fishbrain raised a $13.5 million Series B round led by B Capital Group (set up by Facebook co-founder Eduardo Saverin) with participation from SoftBank Ventures Korea and existing investors Northzone and Industrifonden. Fishbrain has to-date raised $28 million.
Sodexo, a food services and facilities management company committed to Quality of Life, announced the company’s 10-year extension with longtime partner, Drake University. In the summer of 2020, Sodexo will renovate Hubbell Dining Hall and bring a fully licensed, Sodexo-owned Starbucks to the Olmsted Student Center.
“Sodexo’s partnership with Drake centers on elevating the student dining experience across campus,” said Rodney Brown, Senior Vice President, Universities West, Sodexo North America. “From the dining hall to the playing fields to the new Starbucks, we want to ensure convenience and accessibility while enhancing quality of life for students, faculty and staff.”
A proud partner of Drake University since 1999, Sodexo’s plans to renovate Hubbell Dining Hall is one of three major renovations undertaken by the duo throughout the years. In addition to providing catering, concessions, residential and retail dining the company also offers a Student Manager Program where Sodexo’s team at Drake University offers a student employee, upon graduation, an entry-level management position.
Sodexo at Drake University is also proud to promote and practice sustainability initiatives which include recycling cooking oil, composting food and paper products, offering biodegradable straws and utensils and providing reusable to-go containers. To reduce food waste, Sodexo at Drake University donates to local food banks and shelters collected by NextCourse Food Recovery Network and holds events like their 2018 Thanksgiving Zero Waste meal that served approximately 800 guests.
“Drake University looks forward to the exciting changes coming to our campus dining experience. Student input has helped us shape a plan for the next 10 years that includes more choices and greater flexibility, starting with the much-anticipated opening of a new fully-licensed Starbucks,” said Venessa Macro, Chief Administration Officer, Drake University. We appreciate Sodexo's efforts to respond to the needs and preferences of students in crafting a proposal for a contract extension.”
About Sodexo - Universities
Sodexo provides food service, accommodations and facilities management services to over 700 universities, colleges and independent schools in the United States. With nearly 50 years of experience, Sodexo focuses on improving the student experience through integrated services that promote and enhance quality of life.
About Sodexo North America
Sodexo North America is part of a global, Fortune 500 company with a presence in 72 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 160,000 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 $19 billion in goods and services from small to large 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., in 2018, Sodexo contributed over 159,500 in volunteer hours, and since 1996, the Stop Hunger Foundation has contributed nearly $34.5 million to help feed children in America impacted by hunger. To learn more about Sodexo, visit SodexoUSA.com, SodexoInsights.com and connect with us on Facebook, Instagram, LinkedIn, Twitter and YouTube.
Spence-Chapin Services to Families and Children, a premier and globally recognized non-profit adoption and family services organization, is proud to announce that it has been recognized as an Innovator in LGBTQ inclusion in Celebrating Everyday Change-Makers in Child Welfare -- a first-of-its-kind report highlighting more than 70 child welfare agencies across the country that partnered with the HRC Foundation’s All Children - All Families (ACAF) project to improve the services they provide to the LGBTQ community, including children in foster care and prospective foster and adoptive parents. These organizations serve more than 350,000 clients annually in 23 states and employ nearly 11,000 people.
Yekaterina (Kate) Trambitskaya, Chief Executive Officer of Spence-Chapin said, “We are honored to be recognized as an Innovator in LGBTQ Inclusion by HRC Foundation. For years, Spence-Chapin has been a leader in creating pathways to adoption for LGBTQ families and providing them with LGBTQ-affirming support and care. It is our hope that more organizations will join us in celebrating and supporting LGBTQ children and families.”
“Thousands of committed professionals -- from frontline workers to executives -- know that LGBTQ youth are perfect just the way they are and that removing barriers for potentially qualified LGBTQ foster and adoptive parents is in the best interest of children,” said Alison Delpercio, Director of the HRC Foundation's All Children - All Families Project. “While some of these agencies are taking their first steps toward inclusion and others have been leaders in innovating new approaches, more agencies should look to the policies and practices these organizations are implementing to protect against anti-LGBTQ discrimination and meaningfully engage their communities.”
The agencies featured in this report conducted an internal self-assessment, provided professional development to staff and implemented ACAF’s “Benchmarks of LGBTQ Inclusion,” which track policy and practice changes within agencies. Celebrating Everyday Change- Makers features three “Tiers of Recognition,” which celebrate the strides agencies have made toward becoming fully LGBTQ welcoming and affirming.
Since 2007, hundreds of child welfare agencies across the U.S. have used ACAF’s resources to enhance their efforts to achieve safety, permanency and well-being for LGBTQ youth and families. This new effort marks a major step toward improving the services provided to LGBTQ youth and prospective parents.
As a recipient of the Human Rights Campaign's "All Children - All Families” Innovator Seal of Recognition, Spence-Chapin is committed to equality in adoption and is proud of the many children we have placed in loving, stable, same-sex households. Spence-Chapin provides birth parents, adoptive parents, and adoptees a supportive community and a connection to professionals who understand the unique aspects of adoption.
We offer culturally sensitive, LGBTQ-affirming care in an accepting, nonjudgmental environment. Services include pre-adoption consultations, counseling, support groups, referrals, programs for LGBTQ kids and teens, LGBTQ parent workshops and trainings for LGBTQ professionals. For more information on these services and adoption pathways for LGBTQ individuals, please visit spence-chapin.org/lgbtq-adoption.
The Human Rights Campaign Foundation is the educational arm of America's largest civil rights organization working to achieve equality for lesbian, gay, bisexual transgender and queer people. HRC envisions a world where LGBTQ people are embraced as full members of society at home, at work and in every community.
Spence-Chapin Services to Families sand Children has been offering exceptional adoption and family services for more than 100 years. Its mission is to help find loving families for children whatever their needs or circumstances and provide counseling and lifelong support for all children and families to whom they have been born or entrusted. Spence-Chapin’s roots date back to the early 1900s with the pioneering work of Ms. Clara Spence and Dr. and Mrs. Henry Chapin, who established nurseries for infants abandoned on the streets of New York City, led humanitarian efforts, and created families through adoption. Spence-Chapin has since expanded to include other comprehensive support programs. The organization’s award-winning efforts have served more than 25,000 women, children, and families through domestic, international and special needs adoption, post-adoption support, and humanitarian aid programs such as the Granny Program. Find out more at spence-chapin.org.
Natily Santos, Director, Supplier Diversity, has been named Aramark's 2019 Service Star Volunteer of the Year, in recognition of her commitment to volunteer service and leadership in her community.
“We are so proud to recognize Natily as Aramark’s Volunteer of the Year,” said Eric Foss, Chairman, President and CEO of Aramark. “A true champion for diversity, Natily pays it forward by helping to create opportunities for women and Latinos to succeed. She lives our mission of enriching and nourishing lives every day, and has been recognized by many of our community partners as a standout volunteer, champion and contributor.”
A first generation American, Santos was born and raised in New York and was taught at an early age, to reach for the stars. Her parents instilled a strong work ethic and belief that she should not be defined by her surroundings. Mentors inspired her dedication to giving back to others and influenced her commitment to helping women and people of diverse backgrounds achieve success, despite barriers.
Santos has been with Aramark for 16 years and was instrumental in the development of the company’s Impacto Hispanic Employee Resource Group (ERG), where she has helped build a network of more than 300 employees from diverse backgrounds. Impacto supports Aramark’s efforts to attract and retain a diverse workforce, encourages an inclusive and aware workplace and provides valuable marketplace insights that support business growth and consumer engagement.
An active volunteer in Philadelphia, where Aramark is headquartered, Santos supports the company’s signature volunteer program, Aramark Building Community. She leads meaningful workforce readiness sessions to help individuals achieve life-long success, mentors women and minorities throughout the Philadelphia region, providing meaningful educational and leadership workshops as well as participates in revitalization projects during ABC Day, Aramark’s global day of service.
Santos currently serves as the Philadelphia President Emeritus of Prospanica (formally known as the National Society of Hispanic MBA). She leads a team of volunteers, both Aramark and non-Aramark employees, throughout the year to support community and professional development programs, where volunteers serve as mentors, event speakers and facilitators.
The Aramark Service Star Volunteer Awards recognize employees who have made significant volunteer contributions in their community through Aramark-sponsored efforts and in their personal lives. These prestigious awards are part of Encore! Encore!, Aramark’s company-wide recognition program.
Santos was one of 32 honorees Aramark recognized around the world this year, for giving their personal time and talent to support their local communities. These outstanding volunteers join a select group of more than 450 Aramark team members who have been recognized for outstanding volunteerism, since 2008.
View a video of Santos here: https://youtu.be/zvZPa8SiIs0
Today, SunTrust Banks, Inc. (NYSE: STI) released its 2018 Corporate Responsibility report, highlighting the company’s ongoing commitment to corporate responsibility and sustainability efforts while underscoring its focus on inclusive, ethical business practices.
“SunTrust teammates work tirelessly to advance financial confidence and enrich our communities, and I’m honored to showcase the work they do to make SunTrust a truly purpose-driven bank,” said Bill Rogers, SunTrust Chairman and CEO. “We have always been committed to being a responsible, sustainable business, and I appreciate the opportunity to share our progress.”
Report highlights include:
$19.5 million in giving from the SunTrust Foundation and 203,000 hours of volunteer service by SunTrust teammates;
$606 million in funding for Affordable Housing Loans, $652 million for Community Service Loans, and $688 million for Economic Development Loans all aimed at driving community enhancements;
The success of the Momentum onUp financial wellness program, with more than 150 client companies offering it to their employees and SunTrust investing $18 million back into its teammates’ savings accounts for completion;
$156 million invested with minority- and women-owned businesses;
More than 4,000 teammates participated in the inaugural Day of Understanding diversity and inclusion event;
$6 billion in transactions to support clean energy projects and programs and $1 billion in direct lending to clean energy projects since 2013; and
The planting of more than 2,500 acres of trees through LightStream’s initiative to plant a tree for every funded loan.
For a comprehensive list of SunTrust’s corporate responsibility performance, please view the full SunTrust Corporate Responsibility Report.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI) is a purpose-driven company dedicated to Lighting the Way to Financial Well-Being for the people, businesses, and communities it serves. SunTrust leads onUp, a national movement inspiring Americans to build financial confidence. Headquartered in Atlanta, the Company has two business segments: Consumer and Wholesale. Its flagship subsidiary, SunTrust Bank, operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states, along with 24-hour digital access. Certain business lines serve consumer, commercial, corporate, and institutional clients nationally. As of March 31, 2019, SunTrust had total assets of $220 billion and total deposits of $162 billion. The Company provides deposit, credit, trust, investment, mortgage, asset management, securities brokerage, and capital market services. Learn more at suntrust.com.
As part of its continuing efforts to create an inclusive business environment and growth opportunities for women, UPS (NYSE:UPS) has announced the launch of the Women Exporters Program workshops for U.S. businesses. The program will help women business owners and leaders to gain access to the vast global marketplace, comprising 95% of the world’s buyers.
In the U.S., there are nearly 12 million women-owned small businesses, yet women-owned businesses comprise just 12% of U.S. exporters. Providing training to enable small- and medium-sized businesses owned by women to export would help propel those companies onto the world stage. According to a McKinsey Global Institute report, “In a ‘full potential’ scenario in which women play an identical role in (global) labor markets to that of men, as much as $28 trillion, or 26 percent, could be added to global annual GDP by 2025.”
To provide a pathway for cross-border business opportunities, the U.S. launch of the Women Exporters Program will begin at the Women’s Business Enterprise National Council (WBENC) National Conference& Business Fair, one of the largest events of its kind for women business owners in the U.S. At WBENC, UPS will host a series of workshops and offer one-to-one coaching sessions, providing:
UPS experts will also provide tips on targeting, research, documentation and shipping processes to help build confidence and competence. The workshops are the first step in the U.S., with additional training sessions being planned for the future.
The U.S. launch is part of a global deployment of the program, which began in May 2019 in Mexico, Nigeria, Turkey and Vietnam, with planned expansion to the United Arab Emirates in September 2019 in collaboration with the International Trade Centre (ITC) as part of the SheTrades initiative. The business training will help women entrepreneurs expand their potential customer base and growth potential, while strengthening communities. According to independent research commissioned by ITC conducted in 20 developing countries, women in those locations tend to invest up to 90% of their income in their children’s health and education. Helping women entrepreneurs build export skills has the potential to reduce intergenerational cycles of poverty.
“As a leading global logistics company, we have deep insights into how businesses move across borders and grow,” said Eduardo Martinez, UPS chief diversity and inclusion officer and president of The UPS Foundation. “Delivering this knowledge and expertise to women entrepreneurs to help expand their business opportunities is just one of the ways we’re helping to catalyze economic prosperity and inclusion across our value chain of customers, suppliers and communities. Our collaboration with ITC, and the launch of the U.S. program with long-time partner WBENC, are demonstrations of the power of public-private partnerships which will advance women entrepreneurs all over the world.”
Kathleen Marran, UPS VP of Diverse Market Segments, confirms the demand for the program, “No matter where I have traveled this year, from the UAE at a SheTrade event, to DC with the National Association of Women Business Owners, to the Women Presidents’ Organization national conference in Charlotte, to the WBENC Women Exporters Program lab, I am so encouraged by the energy, commitment and innovation coming from these women-owned and women-run businesses. Sharing UPS tools, approaches and expertise to help them achieve their objectives is not only worthwhile because it’s smart business, it is meaningful because of the progress we’re able to create.”
In March 2019, UPS was selected for WBENC’s Top Corporation for Women’s Business Enterprises (WBEs) Hall of Fame. While UPS has been recognized previously as a WBENC Top Corporation, this marks the inaugural year for this new, pinnacle designation, and UPS is one of only nine companies selected.
Pamela Prince-Eason, President and CEO of WBENC, said, “UPS has been a strong partner and consistent leader in increasing opportunities for women-owned businesses. Their commitment to diversity and inclusion sets the example, and we are so proud to have inducted them into our inaugural Top Corporations for Women’s Business Enterprises Hall of Fame. The UPS Women Exporters Program launching at our National Conference & Business Fair will truly help move the needle for women-owned businesses by expanding opportunities to new markets and providing opportunities for exponential growth.”
UPS’s commitment to empowering women business owners is part of its broader diversity and inclusion efforts focused on employees, customers, suppliers, and communities. UPS recently announced a collaboration with the United States Agency for International Development (USAID) to promote women’s economic empowerment and improve women entrepreneurs’ ability to export. UPS’s Supplier Diversity commitment enables women- and minority-owned businesses to gain access into UPS’s global purchasing of products and services. UPS’s employee programs focused on diversity and inclusion help foster an inclusive environment that enables each person to learn, grow and contribute.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. UPS is committed to operating more sustainably – for customers, the environment and the communities we serve around the world. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. UPS was awarded America’s Best Customer Service company for Shipping and Delivery services by Newsweek magazine; Fortune magazine’s Most Valuable Brand in Transportation; and top rankings on the JUST 100 list for social responsibility, the Dow Jones Sustainability World Index, and the Harris Poll Reputation Quotient, among other prestigious rankings and awards. The company can be found on the web at ups.com or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. The company’s sustainability eNewsletter, UPS Horizons, can be found at ups.com/sustainabilitynewsletter. Learn more about our sustainability efforts at ups.com/sustainability. To get UPS news direct, follow @UPS_News on Twitter.
About The UPS Foundation
Since its founding in 1907, UPS has built a legacy as a caring and responsible corporate citizen, supporting programs that provide long-term solutions to community needs. Founded in 1951, The UPS Foundation leads its global citizenship programs and is responsible for facilitating community involvement to local, national, and global communities. In 2018, UPS and its employees, active and retired, invested more than $114.9 million in charitable giving around the world. The UPS Foundation can be found on the web at UPS.com/Foundation and @UPS_Foundation on Twitter.CONTACT June Holder +1 (404) 828-4805 firstname.lastname@example.org UPS https://www.pressroom.ups.com/pressroom/ContentDetailsViewer.page?ConceptType=Pr...
United Nations Federal Credit Union (UNFCU) today announced the release of its 2018 sustainability report. Underlining how sustainability has become a business priority, UNFCU achieved seven out of eight 2020 goals by 2018. Chief among these was maintaining 100% carbon neutrality since 2016. UNFCU remains one of only a few credit unions with assets of more than $5 billion to achieve this goal.
“In demonstrating strong progress on its five year sustainability plan, UNFCU exemplifies the Finance sector’s commitment to climate action,” said Satya Tripathi, UN Assistant Secretary-General and Head of UN Environment’s New York Office.
“UNFCU staunchly supports the UN Sustainable Development Goals,” said Pamela Agnone, executive sponsor of the UNFCU Global Sustainability Program. “As a result, sustainability is embedded in our operations, culture, and values.”
Featured UNFCU accomplishments from the report:
Maintained carbon neutrality for third consecutive year, even as its membership grew
88% of UNFCU office space is Leadership in Energy and Environmental Design (LEED) Certified
Reduced paper use by 36% since 2015, exceeding the 2020 goal of 25% reduction
67 employees are Global Sustainability Program volunteers
Launched an Impact Share Certificate that funds investments and loans supporting environmental and social initiatives
Initiated the United in Sustainability Network, a forum where participating credit unions can share best practices
UNFCU leveraged best practices from the Global Reporting Initiative (GRI) to guide its reporting approach. This included identifying core sustainability focus areas, such as climate impact, paper, energy reduction, and green products. UNFCU obtained input from members, partners, and Greening the Blue, a United Nations interagency network. Sustainability experts from Kosmenko & Co. and Envision Realty Services independently validated the environmental performance metrics in the report.
About United Nations Federal Credit Union (UNFCU)
UNFCU is the member owned credit union of the United Nations community. UNFCU was founded in 1947 and serves more than 130,000 members across the globe.
For media questions, contact: Elisabeth Philippe, UNFCU, +1 347‑686‑6776, mobile: +1 347-510-4036, or email@example.com
General Motors Co. (NYSE: GM) today released “Transformation in Progress,” its ninth annual sustainability report to update employees, investors, policymakers, advocacy groups and customers on the aggressive moves the company made in 2018 to achieve its vision of a world with zero crashes, zero emissions and zero congestion. The report also extensively covers GM’s drive to build a world-class, inclusive and customer-focused culture with strong corporate governance and transparency.
“For years, we have said that the auto industry is experiencing more change today than in the past 50 years. That pace of change is only accelerating,” said Mary Barra, General Motors chairman and CEO. “With the right team, technology, resources and scale to achieve our vision, I believe the only thing that can stop us is not acting quickly enough. Disruption creates uncertainty, but it also creates vast possibilities that will lead to a better world.”
Results from the 2018 report include:
Learn more about the ways General Motors is driving value through environmental, community and governance factors.
General Motors (NYSE:GM) is committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Cadillac, Chevrolet, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, Maven, its personal mobility brand, and Cruise, its autonomous vehicle company, can be found at http://www.gm.com.
News Relations (Broadcast, Human Resources and Sustainability)
PSEG has one of the lowest carbon emissions rates of the nation’s largest power producers, according to a new analysis released today.
PSEG is the 17th largest U.S. power producer, but ranks third among privately/investor-owned power producers in the U.S. with the lowest carbon emissions rates, according to the new report “Benchmarking Air Emissions of the 100 Largest Electric Power Producers in the United States,” released by M.J. Bradley & Associates, Bank of America, CERES, Entergy, Exelon and NRDC.
PSEG, whose Salem and Hope Creek nuclear plants produce more than 90% of New Jersey’s carbon-free electricity, also ranks among the top quartile nationwide for zero-carbon generation.
“Climate change represents a real threat to our society,” Chairman, President & CEO Ralph Izzo said. “PSEG has long recognized the need to change and adapt to mitigate the impacts of climate change while providing universal access to safe, reliable and increasingly cleaner and more efficient electricity. And as we look toward a lower carbon future, common sense—and economics—dictate that energy efficiency and innovative new business models will play increasing roles, areas in which PSEG is determined to participate and thrive.”
PSEG has a long history of addressing climate change as an embedded part of its business and culture.
Public Service Enterprise Group Incorporated (PSEG) (NYSE: PEG) is a publicly traded diversified energy company with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG's principal operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company included in the S&P 500 Index and has been named to the Dow Jones Sustainability Index for North America for 11 consecutive years (https://corporate.pseg.com/).
From time to time, PSEG, PSE&G and PSEG Power release important information via postings on their corporate website at https://investor.pseg.com. Investors and other interested parties are encouraged to visit the corporate website to review new postings. The “Email Alerts” link at https://investor.pseg.com may be used to enroll to receive automatic email alerts and/or Really Simple Syndication (RSS) feeds regarding new postings.
The T. Rowe Price Foundation announced today it will be granting $2.7 million over four years to address some of Baltimore’s most critical needs. The Foundation, which has made more than $121 million in grants since its inception in 1981, including $1.3 million in 2016 to support West Baltimore, is focusing this four-year commitment on eight initiatives within arts and culture, education, and human services.
To inform the grant-making strategy and determine where it could have the most impact, the Foundation hosted and participated in hundreds of meetings as part of a listening tour with T. Rowe Price associates, community leaders and members, and national and global thought leaders to determine the Foundation’s future impact strategy. In addition, learning from its work in West Baltimore following the 2016 grant of $1.3 million, the Foundation began to pilot a series of funding relationships with the goal of informing which areas would have significant impact.
The Foundation will be allocating the $2.7 million toward three issues:
Strengthening Baltimore’s creative economy through art and cultural experiences. A total of $975,000 in grants will fund four initiatives over the four-year period, including:
An effort led by to provide two hours of high-quality, sequential arts instruction each week to students in Baltimore City schools.
The development, implementation, and management of an online portal overseen by that will rate every school in Baltimore City on its commitment and ability to provide arts opportunities for its students.
The creation of an artist navigator program managed by —based on the patient navigator model used by the health care industry—that will connect area artists with trained individuals who can guide them through challenges and direct them to resources that could help them build, maintain, and advance their practices.
Ensuring Baltimore City schools have the organizational capacity to leverage community resources and partner with families to help students succeed. A total of $875,000 in grants will fund three initiatives, including:
An effort by that aims to help schools identify and utilize partnerships with area community organizations to support educational outcomes and individualized needs for that specific school. This would include setting up a framework for measurement and a training assistance program for the Baltimore City Public School System.
CASH Campaign of Maryland* and a team of local stakeholders will pilot interventions to increase the number of low- to moderate-income families that participate in the Save4College State Contribution Program, which is managed by the Maryland 529 College Savings Plan and provides state contributions to college saving. The pilot will be targeted to specific low-income neighborhoods throughout Baltimore to increase pathways to higher education.
The continuation of *—in partnership with , Baltimore CeaseFire, and other partners—that gives a book to all Baltimore City middle school students and creates dozens of youth- and community-led dialogue throughout the city on themes of the book, happening during Light City and the Baltimore Book Festival.
Strengthening financial capabilities of Baltimore households through partnerships that combine whole family and community approaches. Three initiatives will receive grants totaling $850,000, including:
An effort to supplement existing case management throughout the city by offering Neighborhood Trust’s Trusted Advisor to dozens of for-profit and nonprofit efforts, reaching citizens throughout Baltimore, with the goal of reducing debt and increasing credit scores of Baltimore residents.
Another effort will support financial empowerment with the goal of increased black home ownership and building stronger financial literacy of black entrepreneurs in Baltimore through CityDibs program.
*One Book Baltimore will receive funds from the arts and culture allocation and the education allocation. CASH Campaign of Maryland will receive funds from the education allocation and the financial capabilities allocation.
John Brothers, president of the T. Rowe Price Foundation
“Baltimore has an abundance of resources—more creatives and innovators than the city often gets credit for. Our goal for these grants is to remove barriers that often prevent these communities from flourishing by supporting creative economies, access to education, and broadening the availability of financial resources.
“We want these grants to be a DNA changer for the city, by opening doors in underserved communities and empowering those with limited access to financial resources. Our approach is informed by a strategic analysis of where we could have the most impact, investing in areas that have the broadest social good and could yield the strongest returns for the city. We listened to the community and partnered with them to identify the most powerful grant-making opportunities that could move the needle.”
Fagan Harris, president and CEO, Baltimore Corps
“Baltimore Corps firmly believes in the value of artists and the arts to our city and in empowering Baltimore’s creatives by getting them the resources they need. We are energized to be working alongside arts and culture organizations as part of this grant cohort and to be using a benchmarking tool that has helped us have candid, rigorous conversations about how we measure our work—all elements that serve to strengthen our nonprofit sector as a whole.”
B. Cole, founder, Brioxy
“This support has been instrumental in our ability to advance a new framework on workforce development, building community infrastructure and investment in marginalized communities. It allowed us to secure a dollar-for-dollar match. And the partnership with the T. Rowe Price team has opened doors to new collaborations and funding partners. As deep thought partners in the work, they are shifting the way that other foundations are approaching this work.
“If this work is successful, we will build long-term strategies for collective wealth in black neighborhoods. We will create a groundswell of energy and momentum for black families to buy land and direct development in their neighborhoods. We will have a higher circulation of local dollars and an increase in the number of families that can name and speak to the financial barriers they faced but have transcended.”
About T. Rowe Price
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (NASDAQ-GS: TROW), is a global investment management organization with $1.07 trillion in assets under management as of May 31, 2019. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers a variety of sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. For more information, visit troweprice.com or our Twitter, YouTube, LinkedIn, Instagram, and Facebook sites.
Amy Burke Friedman
T. Rowe Price
The Biomimicry Institute is a 501(c)(3) not-for-profit organization that empowers people to seek nature-inspired solutions for a healthy planet.
About Ray C. Anderson Foundation
The Ray C. Anderson Foundation is a 501(c)(3) not-for-profit organization that seeks to promote a sustainable society by supporting and funding educational and project-based initiatives that advance knowledge and innovation in sustainability.
Nature-Inspired Water Leak Detection System Wins the 2019 $100,000 Ray of Hope Prize
Nature-Inspired Reforestation Innovation Wins Ray of Hope Prize®
Designing New Climate Change Solutions, With Inspiration That Is Millions of Years Old