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DICK’S Sporting Goods and the DICK'S Sporting Goods Foundation “Give the Gift of Sport” This Holiday Season With More Than $6 Million Going to Support Youth Sports Teams

Tue, 11/27/2018 - 11:20am

Today on Giving Tuesday, DICK’S Sporting Goods and The DICK’S Sporting Goods Foundation, announced a $6 million commitment to support youth sports teams in need. Since 2014, DICK’S and the DICK’S Foundation have committed over $55 million and have supported more than one million young athletes through its Sports Matter initiative. Additionally, Sports Matter raises awareness for the youth sports funding crisis as the fight to save youth sports continues across the U.S.

As part of this announcement, The DICK’S Sporting Goods Foundation has renewed its existing partnership with DonorsChoose.org by pledging $5 million over the next three years to fund sports programs in public schools across the U.S.

“At DICK’S, we believe that sports matter and it’s our Foundation’s goal to ensure that all kids have the chance to play,” said Lauren Hobart, President of DICK’S Sporting Goods and The DICK’S Sporting Goods Foundation. “Sports provide the opportunity for kids to learn lifelong lessons like teamwork, leadership and sportsmanship. This holiday season, we’re thrilled to renew our partnership with DonorsChoose.org to ensure public schools continue to be able to provide their students with access to these critical sports programs.”

Since 2015, The DICK’S Foundation has partnered with DonorsChoose.org helping more than 650,000 student athletes across all 50 states stay involved in sports with more than $10.5 million in donations. This recommitment of an additional $5 million will more-than double the Foundation’s already-impactful support and ensure that more than a million kids have access to youth sports through their public school programs through 2021.

“The support from The DICK’S Sporting Goods Foundation has helped bring team sports dreams to life for coaches, teachers and students all over the country,” said Charles Best, DonorsChoose.org founder and CEO. “Our partnership will continue to make a difference for students on and off the field, and helps further our mission of ensuring students in every community have the tools and experiences they need to succeed.”

In addition to the recommitment to DonorsChoose.org, The DICK’S Foundation also announced the launch of a new $1 million Sports Matter Community Grant Program that will benefit high-poverty, local youth sports teams, leagues or schools. Store associates at the Company’s more than 860 DICK’S Sporting Goods, Field & Stream and Golf Galaxy stores nationwide will have the ability to nominate local teams to receive a cash grant this holiday season.

“Our stores play a critical role in helping us to give back to our local communities,” Hobart added. “Through this new grant program, our in-store associates will help our Foundation identify local teams in need and assist with the distribution of $1 million of funds for teams in their communities to do things like purchase equipment, subsidize participation fees for families or repair local fields.”  

Throughout the holiday season, DICK’S will be collecting donations for the Foundation’s Sports Matter program at registers in stores nationwide. Customers will have the opportunity to donate following their purchase. 

In addition, DICK’S plans to host nearly 20 in-store shopping events this Holiday season where professional athletes such as Patrick Mahomes II, Nigel Bradham, Devin Booker, and many others will take underserved kids shopping in local DICK’S Sporting Goods stores. These events will benefit more than 300 kids by providing them with a once-in-a-lifetime experience and giving them the gift of sport this Holiday season. Information on these local events will be distributed at a later date.

For more information on how your team can apply for funding or to donate to Sports Matter, please visit SportsMatter.org

###

About DICK'S Sporting Goods, Inc.

Founded in 1948, DICK'S Sporting Goods, Inc. is a leading omni-channel sporting goods retailer offering an extensive assortment of authentic, high-quality sports equipment, apparel, footwear and accessories. As of November 3, 2018, the Company operated 732 DICK'S Sporting Goods locations across the United States, serving and inspiring athletes and outdoor enthusiasts to achieve their personal best through a blend of dedicated associates, in-store services and unique specialty shop-in-shops dedicated to Team Sports, Athletic Apparel, Golf, Lodge/Outdoor, Fitness and Footwear. 

Headquartered in Pittsburgh, PA, DICK’S also owns and operates Golf Galaxy and Field & Stream specialty stores, as well as DICK’S Team Sports HQ, an all-in-one youth sports digital platform offering a comprehensive range of services including technology solutions such as  online registration and league management services, and mobile apps for scheduling, communications and live scorekeeping; team gear such as uniforms and equipment,  fan wear, and access to donations and sponsorships. DICK'S offers its products through a content-rich eCommerce platform that is integrated with its store network and provides customers with the convenience and expertise of a 24-hour storefront.  For more information, visit the Press Room or Investor Relations pages at dicks.com. 

About The DICK’S Sporting Goods Foundation

The DICK’S Sporting Goods Foundation is a tax exempt 501(c)(3) non-profit corporation with a mission to inspire and enable sports participation. It was created by DICK’S Sporting Goods, Inc. as a private corporate foundation to support DICK’S charitable and philanthropic activities.

About DonorsChoose.org

DonorsChoose.org is the leading platform for giving to public schools. Teachers across America use the site to create projects requesting resources their students need, and donors give to the projects that inspire them. Since its founding by a Bronx teacher in 2000, more than 3.4 million people and partners have given $740 million to projects reaching 30 million students. Unique among education funding platforms, the DonorsChoose.org team vets each project request and ships resources directly to the school. Every donor receives photos of their project in action, thank-yous from the classroom, and a cost report showing how every dollar was spent. DonorsChoose.org was the first charity to make the top 10 on Fast Company’s list of the Most Innovative Companies in the World.

Contact: DICK’S Sporting Goods – press@dcsg.com

Plastics White Paper - Complimentary

Tue, 11/27/2018 - 5:17am

Tackling plastic waste and pollution is the cause celebre in 2018 and will only surge for 2019. Businesses are under enormous societal and impending regulatory pressure to find viable solutions to reduce, eliminate and reuse plastics.

To help you tackle this vast plastic problem and identify scalable solutions, we have interviewed industries leaders to share their experiences and insight in our newly produced white paper free to download here. Get exclusive insights from:

  • Melissa Wang, Senior Scientist, Greenpeace

  • Joe Franses, Vice-President, Sustainability, Coca-Cola European Partners

  • Risto Vapola, Technical Product Manager, Neste

  • Jon Khoo, Innovation Partner, Interface

  • Tom Domen, Global Head Long Term Innovation Manager, Ecover / Method

  • Jane Bevis, Chair, On-Pack Recycling Label

  • Beverley Cornaby, Programme Manager, Cambridge Institute for Sustainability Leadership (CISL)

  • Chris Brown, Managing Director, Clean Tech

  • David Moon, Head of Business Collaboration, Waste & Resources Action

  • Dune Ives, Executive Director, Lonely Whale

  • John Burke, Chief Marketing Officer, Bacardi

Click here to access the exclusive complimentary plastics white paper

I hope you find it of value.

Best regards,

Candy

Candy Telani Anton
Head of Europe | Ethical Corporation
0207 375 7162
LinkedIn

Read Announcement

Five Simple Principles of Sustainable Investing

Mon, 11/26/2018 - 5:16pm

By Art Steinmetz, Chairman and CEO, and Aniket Shah, Head of Sustainable Investing, at OppenheimerFunds.

Interest in sustainable investing has grown dramatically in the last decade, as environmental, social, and governance (ESG) issues have gained prominence, and investors have come to recognize the materiality of ESG factors to financial performance. Shifting demographics are also playing a role, with younger and female investors seeking out opportunities to align their portfolios with their values.

But sustainable investing is not new. What started out decades—and even centuries—ago as a values-based, exclusionary approach has evolved to include a much broader array of strategies and investment vehicles. This evolution has, to a degree, mired sustainable investing in complexity, and today competing definitions conspire to confound rather than inspire investors.

These five principles are an attempt to simplify some core tenets of sustainable investing. They are applicable to individuals and institutions, and offer perspective about how to be an engaged and effective ESG investor.

1. Adopt a Long-Term Investment Mindset
At its simplest, sustainable investing is investing for the long term. Consider the issue of climate change. There are abundant reports of impacts we’re seeing today, including shrinking glaciers, rising sea levels, and more intense weather events. But the effects will become far more pronounced in the coming decades, and this will create challenges and opportunities for companies.

For long-term investors, it’s difficult to make the case today that environmental issues like climate change, as well as social issues like human rights and supply chain management ethics, will not impact their portfolio companies. How companies and other institutions respond to ESG-related challenges is likely to be an important contributor to their long-term performance and viability. Those that acknowledge the issues and adopt proactive strategies to mitigate ESG risks may ultimately deliver better long-term performance.

2. Understand Non-Traditional, Material Risks
The data contained in corporate balance sheet and income statements are integral to fundamental equity analysis, but for the most part, these reports don’t include intangible assets that may account for a significant percentage of a company’s value. When a company’s brand health suffers because of a governance issue, for example, Volkswagen, after its 2015 emissions scandal—its earnings and share price may sustain lasting damage.

Issues such as climate change and the transition to renewable energy pose other types of risk. Climate vulnerability, for example, has already raised the average cost of capital in developing countries by 117 basis points. On the flip side, as the price of renewable energy falls, reserves of carbon-based energy sources like coal, oil, and gas could become “unburnable,” or unable to deliver a return to their owners during their economic lifetime. This is known as “stranded asset risk,” and it poses a financial risk for fossil fuel companies and related industries, as well as their investors.

3. Engage with New Types of Data
We’re in the midst of a revolution that has improved both the quantity and the quality of the ESG data available. Companies are reporting on ESG issues more regularly, and firms like Sustainalytics and MSCI provide independent research and ratings that portfolio managers can incorporate into their fundamental analysis. There are even companies like TruValue Labs that use artificial intelligence to deliver insights to investors on the ESG factors that can have a material impact on financial performance.

To manage what may become a data overload, sustainable investors can adopt a systematic approach to engaging with and evaluating these ESG-oriented datasets, understanding their methodologies, and determining their utility to the investment process through quantitative and qualitative testing. The key takeaway is that the robust data available today—particularly on the equity side—offers investors a variety of ways to evaluate sustainability issues within a portfolio.

4. Choose from a Growing Set of Investment Tools
The inherent complexity of the ESG landscape doesn’t lend itself to a common vernacular or a one-size-fits-all approach to sustainable investing, and the space has evolved to encompass a wide range of tools that investors can use to express their own viewpoints within a portfolio. The three most common approaches under the larger sustainable investing umbrella are:

  • Socially responsible investing: Socially responsible investors can choose from vehicles including mutual funds and ETFs that exclude sectors, industries, companies, and categories of investments not aligned with their values.

  • ESG integration: ESG-integration investors have access to a wide range of products that explicitly and demonstrably integrate ESG considerations into the investment process.

  • Impact and thematic investing: Impact and thematic investors allocate capital with a dual purpose of seeking financial returns and positive social and environmental outcomes.

Launches of new ETFs and mutual funds with a sustainability focus are on the rise and run the gamut of geographies, as well as active and passive approaches. While the sheer number of strategies available today may appear overwhelming on the surface, they also make it easier for investors to find solutions that match the sustainability targets they’ve set for their portfolios.

5. Be an Active Owner to Enhance Long-Term Value
Should ESG investors own oil and gas companies or gun manufacturers? The early days of sustainable investing focused on divestment and socially responsible investing approaches that screened out industries and companies incompatible with investors’ views. Today this is shifting to an emphasis on active ownership and driving positive change from within a company. In a sense, it’s not what you own, it’s how you own it.

Proposing and voting on shareholder resolutions is one way active owners engage with companies. Thanks to shareholder activists—primarily pensions and social policy investors—resolutions concerning sustainability issues such as executive compensation, the environment, diversity and gender equality, and human rights now make regular appearances on proxy ballots.

Beyond proxy voting, institutional investors and asset managers are employing the significant leverage they have with investee companies to engage management teams in a dialogue about sustainability issues. Asset manager BlackRock, for example, issued a statement in 2017 that acknowledged the risks of climate change to the companies in which it invests, and outlined its approach to working with them on the ESG factors that may impact financial performance, as well as circumstances under which it would consider voting in favor of climate-related resolutions.

Focusing on the Big Picture
Sustainable investing can be a challenging topic for investors to approach because of the complexity of the environmental, social, and governance issues at play and the bewildering and ever-expanding landscape of investment strategies, ESG data providers, and nomenclature. These are the “trees” of sustainable investing, and getting lost in them can prevent investors from missing the “forest”—the broad, system-wide, long-term efforts to respond to underlying ESG risks and opportunities. Keeping a big picture focus is essential to moving the financial system and the entities that operate within it toward a more sustainable future.

Download the white paper to learn more about these principles of sustainable investing.

# # #

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 $229 billion in assets for over 13 million shareholder accounts, including sub-accounts, as of October 31, 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

The stocks of companies with favorable environmental practices may underperform the stock market as a whole. Mutual funds and exchange traded funds are subject to market risk and volatility. Shares may gain or lose value.

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.

Benevity Data Shows #GivingTuesday Activates First-Time Givers

Mon, 11/26/2018 - 11:14am

Benevity, Inc., the global leader in corporate social responsibility (CSR) and employee engagement software, today announced that among its enterprise clients, nearly half of all employees who donated or volunteered through Benevity for the first time on #GivingTuesday last year have given back again since then. With nearly 30 percent of total donors and volunteers being first-time participants on Benevity, the trend represents a significant opportunity for companies to engage more people in doing good.

Almost 200 of Benevity’s enterprise clients got involved in #GivingTuesday last year. On November 28, their employees logged 45,000 volunteer hours and donated $13 million—including employer matching—to nearly 11,000 charities around the world. Among the first-time participants on #GivingTuesday, 83 percent donated funds, 15 percent volunteered and 2 percent did both, highlighting how giving people more options to give back equates to more impact.

“Companies have a tremendous opportunity to harness the vast power and potential of people to make a meaningful difference in society,” said Bryan de Lottinville, Founder and CEO of Benevity. “Our platform enables companies to engage and empower their employees and customers—across all locations, generations, ethnicities, backgrounds, education and income levels—around their inherent desire to do good. At a time when the world needs a unifying approach to empathy and compassion more than ever, #GivingTuesday is a great place to start.”

Benevity’s data builds on insights from one of the leaders of the giving movement, Asha Curran, chief innovation officer and director of the Belfer Center for Innovation & Social Impact. As reported in Stanford Social Innovation Review, she wrote: “The implications of this [rapidly changing technology]—and of direct person-to-person giving, workplace giving, recurring monthly giving, and soaring online and mobile giving, not to mention the overall effects of social media itself—are far from clear yet. But they are happening, and while we may parse the negatives and positives, we must be agile enough to use available tools to our benefit.”

This year, companies are gearing up for another monumental #GivingTuesday with campaigns that aim to engage, empower and drive impact with innovative uses of Benevity’s corporate Goodness platform.

Last year on #GivingTuesday, T-Mobile employees were among the top users of Benevity’s enterprise platform compared to other corporate clients. During the campaign, T-Mobile saw a significant increase in employees using the Benevity platform (from 6% to 26%). Since the campaign ended, T-Mobile’s employees have logged 45% more volunteer hours in the portal year over year, demonstrating that #GivingTuesday is a fantastic introduction to employee giving opportunities and a way to catalyze a purpose-driven corporate culture.

This year, T-Mobile is giving big for Giving Tuesday again, with its #GivingOnUs campaign. On 11/27, T-Mobile will offer up more than $2M – giving customers, fans and employees the power to decide where it goes! The T-Mobile Foundation will deposit $27 in every employee’s giving account, that they can direct to a non-profit of their choice via Benevity. Customers and employees will also get the chance to win the opportunity to have T-Mobile donate from $25 up to $1,000 to their favorite charity via Benevity.

“At T-Mobile we believe that everyone should have the opportunity to give back, and this year we want to help empower people to do just that. On Giving Tuesday, we are making more than $2 million available for customers, employees and fans to direct to their favorite charity–on us.” said Janice V. Kapner, T-Mobile EVP of communications and community engagement. “By partnering with Benevity, T-Mobile is giving employees and customers the ability to support charities they are personally passionate about! We are incredibly proud that participation in our giving campaigns is growing so rapidly. It really speaks to who our employees and customers really are – and I’m so proud that we are all making a positive impact in our communities every day.”

Another example is Warner Brothers, who is engaging new people in their IMPACT employee program this #GivingTuesday by rewarding first-time donors and volunteers (as well as existing givers) with gifts that align with their culture in the entertainment industry, including providing funds to donate to their charity of choice.

Benevity is also an avid user of its own software, and this year will be engaging its people and the public in the #GivingTuesday movement by empowering them to give away $100,000 to their favorite charities. For every retweet of Benevity’s #BeTheGood video with an @mention of their favorite charity, the company will send $10 to that cause. Benevity employees will also be doing their part by volunteering for Soap for Hope, bringing “Random Acts of Goodness” to the streets of Calgary, Victoria, Toronto and San Mateo, and receiving matching funds for charitable contributions.

About Benevity
Benevity, Inc., a certified B Corporation, is the global leader in corporate social responsibility and employee engagement software, including online giving, matching, volunteering and community investment. Many of the world’s most iconic brands rely on Benevity’s award-winning cloud solutions to power corporate “Goodness” programs that attract, retain and engage today’s diverse workforce by connecting people to the causes that matter to them. With software that is available in 17 languages, to an employee base of 10 million users around the world, Benevity has processed over 2.5 billion dollars in donations and 15 million hours of volunteering time this year to almost 150,000 charities worldwide.

Brands Taking Stands on ESG Issues Is a Movement, Not a Moment, Say 82 Percent of Corporate Leaders Surveyed by 3BL Media and GlobeScan

Mon, 11/26/2018 - 11:14am

Eight-out-of-10 corporate leaders believe companies now have an obligation to speak out on environmental, social and governance (ESG) issues, according to new research on brand advocacy conducted by GlobeScan and 3BL Media.

The tightening labor market, specifically competitive pressure for companies to recruit and retain talent, is a key driver of the Brands Taking Stands movement, followed by efforts to protect and enhance corporate reputation.

“People want to support companies that live their values and are authentic,” said Dave Armon, chief marketing officer of 3BL Media, the world’s leading communications partner for purpose-driven organizations, which partnered with GlobeScan, an insights and strategy consultancy, to conduct the research. “We did this research to get the pulse of corporate responsibility and sustainability leaders on this new phase of brand activism.”

Taking a cue from beloved consumer brands with a heritage of activism, a growing roster of Blue Chip companies are using their powerful voices to urge continued U.S. support of the Paris Climate Agreement, to strengthen gun control laws, to fight immigration laws that would negatively impact Dreamers, to champion diversity and inclusion, and to protect LGBTQ rights, among other hot-button and often political issues.

3BL Media made Brands Taking Stands the theme of its annual 3BL Forum in Washington, D.C. for two years running. The subscription list for 3BL Media’s Brands Taking Stands weekly newsletter has surged to nearly 100,000 including Levi Strauss CEO Chip Bergh, Unilever CEO Paul Polman and fashion designer Kenneth Cole.

To learn more about the advocacy dilemma and its trajectory, GlobeScan surveyed 80 board members, business owners and corporate executives (who are readers of 3BL Media’s multiple platforms) during September and early October 2018. Half of the responses came from the corporate sector. Other respondents were associated with nonprofits and NGOs, policymakers, academia and professional services providers.

Findings included:

  • 82 percent of respondents said it is necessary for companies today to advocate for or take a stand on ESG issues. Five percent said it was unnecessary.

  • 62 percent felt that advocacy by CEOs, rather than by the company more broadly, will increase in the next 18 months.

  • When asked to specify the three highest priorities for their organizations over the next 18 months, top responses were brand values, climate and environment, and diversity and inclusion, suggesting that companies will increasingly advocate for the values they stand for. Runners-up were governance policies on ethics and accountability, followed by STEM Education.

  • Motivators for companies to take stands on ESG topics were to 1) enhance their reputation, 2) show a commitment beyond profit, and to 3) meet employee expectations.

  • Benefits of speaking out are 1) personnel recruitment, 2) employee retention and 3) brand equity.

Eric Whan, a GlobeScan director who led the research team, characterized the findings as indicative of where things are going in brand advocacy.

“It’s early days for this movement. Ben & Jerry’s, Tom’s of Maine and Patagonia and others have been doing this for a while. Now others are finding that it is in their own interest and that of their stakeholders to take a position rather than ducking.” said Whan.

The implications of these findings are considerable:

  • Expectations: Companies should expect their stakeholders to want to know where they stand on a growing number of increasingly complex issues. Corporate cultures, governance mechanisms and operational capacities will need to adjust quickly.

  • Enablement: With more companies formalizing their approaches to advocacy by establishing policies and systems that guide how they execute, top executives will become more vociferous on matters that align with their company’s Purpose. They will feel more comfortable speaking out and will do so with sharper focus.

  • Collaboration: We can expect the trend toward collective corporate advocacy (through coalitions such as Time to Vote or We Mean Business, for example) to accelerate, and the impact that they have to increase. There is comfort in numbers, especially when outcomes are clear.

About 3BL Media

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

About GlobeScan

GlobeScan is an insights and strategy consultancy, focused on helping our clients build long-term trusting relationships with their stakeholders. Offering a suite of specialist research and advisory services, we partner with business, NGOs and governmental organizations to meet strategic objectives across reputation, sustainability and purpose. Established in 1987, GlobeScan has offices in Cape Town, Hong Kong, London, Paris, San Francisco, São Paulo and Toronto, and is a signatory to the UN Global Compact and a Certified B Corporation.

Better Returns, Better World: Ørsted Top Ranks in Global ESG Rating of Infrastructure Assets

Mon, 11/26/2018 - 11:14am

Ørsted, one of the world’s largest green energy developers, is named Sector Leader in the 2018 GRESB Infrastructure Assessment, for significant steps taken to incorporate sustainability into operations and communicate performance to investors.

The GRESB assessment helps investors to understand the economic and social impacts of infrastructure assets such as offshore wind farms or power plants, by measuring their impacts in a standardized and comparable way.

“Some investors say they want to not only deliver strong returns, but also ensure that pensioners get to enjoy their retirement in a world that's worth living in,” says Rick Walters, Director Infrastructure at GRESB BV, which organizes the assessment.

“It’s a trend driven by general societal concerns, as well as by millennial investors embracing social and environmental concerns in their pension investment choices,” he adds.

Why ESG matters
That trend partly explains why institutional investors such as pension funds and banks are increasingly interested in environmental, social and governance (ESG) data, which helps provide a more complete picture of a company’s performance.

“Such information helps show that important risks are being appropriately managed, which is particularly important with long-life assets like infrastructure,” Walters says. 

Investors are also looking for investment strategies that produce targeted sustainable outcomes that relate to specific infrastructure assets, such as minimising greenhouse gas emissions, or contributing positive social impacts for local communities.

ESG ratings and assessments can help guide investors in that process. According to GRESB, achieving Sector Leader status is clear recognition of best practice in ESG performance by funds and assets.

Important benchmark
In the GRESB assessment, Ørsted achieved the highest overall score in the “diversified” asset sector, reflecting the company’s mixed portfolio of offshore and onshore wind, bioenergy, thermal power, and energy services. 

“We disclose to GRESB because their ratings are used by a number of our important institutional investors who invest directly in our offshore wind farms,” says Robert Helms, Head of Asset Management at Ørsted.

“The assessment helps benchmark our progress and sustainability performance against peers and shows investors that we are a high-performer in ESG. We’re delighted to be named a GRESB Sector Leader,” he adds.

The company was awarded the top ranking at a GRESB Results Event in London, on Oct. 9.

In Brief

  • Headquartered in Denmark, Ørsted employs 5,700 people. The group’s revenue was DKK 59.5 billion (EUR 8.0 billion), in 2017.

  • Ørsted has installed more than 5Gw of offshore wind capacity and targets 95% green energy in its own production by 2023. It today ranks among the world’s 100 most sustainable companies.

  • GRESB defines the standard for sustainability performance in real assets, providing standardized and validated ESG data to more than 70 institutional investors – representing over USD 18 trillion in institutional capital. In 2018, the Infrastructure Assessment covered 75 funds and 280 assets.

The Future of Sustainability Reporting: Trends to Watch

Mon, 11/26/2018 - 11:14am

The Columbia Business School Alumni Club of New York (CBSACNY) is an alumni organization seeking to strengthen alumni networks, support services, professional development, and education opportunities.  The Sustainable Business Committee produces events related to green businesses, the environment, sustainability, and pioneering new industry.  Visit CBSACNY online at http://www.cbsacny.org.

  • Hear from expert panelists with diverse experience in CSR and Sustainability Reporting.

  • Understand key factors and motivations that guide a company’s reporting strategy.

  • Learn about different reporting methods, frameworks, and standards.

  • Explore trends in CSR and Sustainability Reporting in the US and around the world.

  • Get answers to your questions - unique opportunity for open audience Q & A.

As companies strive to protect their reputational assets and earn trust from stakeholders, sustainability reporting and disclosure are no longer reserved solely for “green” or mission-oriented companies. Demand for transparency and disclosure is increasing, and sustainability reporting is becoming mainstream. However, how reporting is done may vary depending on the target audience and purpose of those disclosures. Dominant frameworks such as GRI and SASB, and emerging methods such as Reporting 3.0, Trucost, and <IR>, are evolving to play different parts and complement each other. Our expert panel will discuss best practices employed by companies, and how such practices create value for shareholders and stakeholders. While sustainability reporting remains largely voluntary, our panel will explore legal trends and any potential movement to integrate sustainability and financial disclosures, from a US and global perspective.

Register and learn more: http://www.cbsacny.org/events/EventDetails.aspx?id=1088046

For more information, please contact:
Leila Goldmark, LGoldmark10@gsb.columbia.edu (re event details)
CBSACNY, contactus@cbsacny.org (re event registration and ticketing issues)

Being Fearless Live Online

Mon, 11/26/2018 - 11:14am

Race. Climate. Politics. We live in a time of disruption. We need a new way forward. Join us for a 3-day online event, live and on demand, featuring Van Jones, Amy Goodman, Bill Moyers, Opal Tometi, and other courageous voices. With a $5 donation or more, gain insight and tools to navigate these complex times and help open the event to thousands.

Living Future unConference 2019 Opens for Registration, Focus on Collaboration and Abundance

Fri, 11/23/2018 - 2:01pm

The International Living Future Institute is hosting its 13th annual Living Future unConference in Seattle, Washington, on April 30-May 3, 2019, at the new Hyatt Regency. Architects, engineers, manufacturers, CSR professionals, and more will gather for the leading regenerative design event of the year.

2019’s keynote speakers include Bill McKibben, author and founder of 350.org; Mustafa Santiago Ali, Senior Vice President of Climate, Environmental Justice, and Community Revitalization of the Hip Hop Caucus; and Mary Robinson, Former President of Ireland and UN Special Envoy on Climate Change.

Join these powerful speakers and collaborate with a global community of changemakers to create an abundant future for everyone. Over the course of four days, attendees will learn new sustainable design solutions, connect with leaders, and leave inspired to further the environmental movement.

Connect through:

  • Exciting Tours

  • Inspiring Keynotes

  • Unforgettable Education Sessions​

Registration is open now with the best prices of the year available through December 14.

The Living Future unConference 2019, Collaboration + Abundance.

Learn more at https://unconference.living-future.org/

CONTACT:

Nicole Van Batenburg +1 (206) 223-2028 media@living-future.org ILFI http://www.living-future.org

Teens Invited to Enter Third Annual Operation Prevention Video Challenge as Part of National Opioid Education Initiative

Fri, 11/23/2018 - 11:00am

The United States Drug Enforcement Administration (DEA), the DEA Educational Foundation, and Discovery Education, the leading provider of digital content and professional development for K-12 classrooms, announced today the launch of the third annual Operation Prevention Video Challenge – a peer-to-peer platform for communicating messages about the dangers of opioid misuse.

An extension of Discovery Education and the DEA’s Operation Prevention program, the video challenge encourages teens to create a 30-60 second original public service announcement that alerts other students about the dangers of prescription opioid misuse and heroin use. Overall, the challenge aims to inspire teens to research the opioid epidemic, identify its widespread impact on the country and the substances’ harmful effects on the body, and start a social movement that encourages authentic dialogue about this critical issue. The top 10 finalist videos will be uploaded to operationprevention.com for a public vote to determine the People’s Choice winner. Winning PSAs will be featured on-air, across Discovery Education and DEA digital platforms, and on other social media platforms.

Prizes for winning submissions, include:

  • 1st place: $10,000; 

  • 2nd place: $5,000;

  • 3rd place: $1,000; and

  • People’s Choice: A VIP trip to Quantico, Virginia, for a tour of DEA training.

“Stopping drug abuse before it starts isn’t just the responsibility of education and prevention programs – it takes all of us, including the next generation of leaders, to make people and communities whole again,” said Sean Fearns, chief of community outreach, DEA. “Peer-to-peer education is uniquely impactful for teens, so we’re excited to continue promoting this video challenge to inspire new advocates for drug-free living.”

Last year’s winning PSA, titled Waiting to Die by Porter Christensen of Saint George, UT, was one of the hundreds of original submissions the challenge received. To view entries from finalists and winners of the previous Operation Prevention Video Challenges, visit: operationprevention.com/competition/video/archives/2018.

“The ‘Operation Prevention Video Challenge’ sparks peer-to-peer conversations, in classrooms, in homes and in neighborhoods nationwide, about the importance of kick-starting life-saving conversations to prevent heroin use and opioid misuse,” said Lori McFarling, senior vice president and chief marketing officer, Discovery Education. “We are proud to support the DEA in their work to create a social movement that encourages a new era of empowered and educated young people using their voice to stem the tide of the epidemic.”

According to National Institute on Drug Abuse (NIDA), more than 115 people in the United States die from opioid misuse every day. The Operation Prevention Video Challenge is launched at a time when prescription opioid misuse and heroin use have reached epidemic levels in the United States. Operation Prevention is a nationwide program that educates students about the science behind addiction, and its effects on the brain and body. Standards-aligned Operation Prevention interactive resources, available at no-cost, help promote lifesaving discussions in the home and classroom.

“Opioid addiction and substance abuse touches everyone and too often goes unrecognized as families, educators and communities are left to deal with the consequences on their own,” said Rodney Crouse, Guilford County Schools Educator from Trinity, N.C. “The ‘Operation Prevention’ Video Challenge presents a unique opportunity for my colleagues and I to acknowledge the epidemic’s impacts, while encouraging our students to part of the solution.”

The Operation Prevention Video Challenge opens today and will close on March 6, 2019. Public voting for the People’s Choice winner will take place April 11-25, 2019. United States high school students, ages 13 and older, can register and find more information about the challenge here.

Operation Prevention resources are free and accessible, and are available at operationprevention.comOperation Prevention resources are also available through Discovery Education Streaming. For more information about Discovery Education’s digital content and professional development services, visit discoveryeducation.com. Stay connected with Discovery Education through social media on FacebookTwitterInstagram and Pinterest @DiscoveryEd.

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About the Drug Enforcement Administration:
The mission of the Drug Enforcement Administration is to enforce the controlled substances laws and regulations of the United States and bring to the criminal and civil justice system of the United States, or any other competent jurisdiction, those organizations and principal members of organizations, involved in the growing, manufacture, or distribution of controlled substances appearing in or destined for illicit traffic in the United States; and to recommend and support non-enforcement programs aimed at reducing the availability of illicit controlled substances on the domestic and international markets. The DEA encourages parents, along with their children, to educate themselves about the dangers of legal and illegal drugs by visiting DEA’s interactive websites at www.justthinktwice.govwww.getsmartaboutdrugs.gov  and www.dea.gov.

About the DEA Educational Foundation:
Established in 2001, the DEA Educational Foundation is a 501(c)3 non-profit organization dedicated to preventing drug abuse. The foundation supports the DEA through advocacy, outreach, and educational programs. Learn more at www.deaeducationalfoundation.org.

About Discovery Education: 
As the global leader in standards-based digital content for K-12 classrooms worldwide, Discovery Education is transforming teaching and learning with award-winning digital textbooks, multimedia content, professional learning, and the largest professional learning community of its kind. Serving 4.5 million educators and over 50 million students, Discovery Education’s services are available in approximately half of U.S. classrooms, 50 percent of all primary schools in the UK, and more than 50 countries around the globe. Inspired by the global media company Discovery, Inc., Discovery Education partners with districts, states, and like-minded organizations to captivate students, empower teachers, and transform classrooms with customized solutions that increase academic achievement. Explore the future of education at DiscoveryEducation.com.

Contacts:
National Media Affairs,
 DEA
202-307-7977 phone

Charmion N. Kinder, Discovery Education
Charmion_Kinder@discovery.com
240-274-2173 phone

Astellas Global Health Foundation Launches

Thu, 11/22/2018 - 1:58pm

Astellas Pharma Inc. (TSE: 4503, President and CEO: Kenji Yasukawa, Ph.D., "Astellas") announced the launch of the Astellas Global Health Foundation (AGHF), a new international philanthropic organization dedicated to improving access to health in underserved global communities. Key areas of focus for the AGHF initially will be neglected tropical and communicable diseases, children’s health and mental health in low-income communities and low-and middle-income countries where Astellas, a company dedicated to improving the health of people around the world, does not have a commercial presence. Additionally, AGHF will fund programs that build healthier communities and provide disaster preparedness and relief in these same geographies.

The Astellas Global Health Foundation merges three former philanthropic entities – the Astellas USA Foundation (AUSF), the Astellas European Foundation (AEF), and the Astellas Asia-Oceania Foundation (AAOF) – into one organization.

The goal is to support some of the world’s most vulnerable populations in areas with high child mortality rates, low life expectancies, and insufficient access to health. Since 2005, the three foundations have contributed nearly $25 million to charities and partners aligned with each foundation’s focus areas.

“The World Bank and World Health Organization reported last year that half the world’s population lacks access to essential health services,” said Moyra Knight, president of the Astellas Global Health Foundation. “The Astellas Global Health Foundation’s focus on increasing access to health will contribute toward making a sustainable impact on the health of people around the world.”

Access to health remains a significant challenge for underserved populations in low- and middle-income countries. A recent report from the National Academies of Sciences, Engineering and Medicine calls for urgent, comprehensive efforts to address what it calls the “global quality chasm” in healthcare worldwide. The report finds up to eight million deaths occur annually in low- and middle-income countries due to poor-quality healthcare.i

In its first year, the Astellas Global Health Foundation will send a request for proposal to eligible organizations that primarily focus on strengthening health infrastructure and enhancing the availability and accessibility of quality healthcare with a focus on three key areas in low-and middle-income communities:

  • Children’s health: The Foundation seeks to address high child mortality rates by supporting programs that, for example, improve access to preventative measures such as medicines, nutrition or vaccines for children in need;

  • Mental health: The Foundation seeks to improve access to mental health diagnosis and treatment, especially in individuals experiencing life-threatening illnesses such as cancer and heart disease;

  • Neglected tropical and communicable diseases: The Foundation will support programs that improve access to health for major communicable diseases and neglected tropical diseases in support of the WHO goals for control, elimination and eradication.

Grants that were made to organizations prior to the formation of the Astellas Global Health Foundation will be honored through the term of the commitments.

i National Academies of Science, Engineering and Medicine. Up to 8 Million Deaths Occur in Low- and Middle-Income Countries Yearly Due to Poor-Quality Health Care, Says New Report; Major Quality Chasm Must Be Fixed in Order to Reap Benefits of Universal Health Coverage. http://www8.nationalacademies.org/onpinews/newsitem.aspx?RecordID=25152&_ga=2.34323233.1893422204.1537240744-1774799898.1537240744. Last accessed Sept. 20, 2018.

Caterpillar Foundation Invests $50,000 in Second Harvest Japan Tokyo2020: Food for 100,000

Thu, 11/22/2018 - 10:57am

The Caterpillar Foundation has announced an investment with Second Harvest Japan that will provide direct assistance to households in need through pantries, care packages and mobile pantries. Second Harvest Japan provides a wide assortment of healthy foods for various recipients including refugees from more than 65 different countries. Second Harvest Japan also supports recipients with dietary restrictions, a concern which often impacts what can or cannot be accepted by a family in need.

The Caterpillar Foundation is committed to supporting programs that are focused on alleviating poverty through investments that help address its root causes. The Foundation first began investing in Second Harvest Japan in 2006, an organization that recognizes the importance of collaboration and research.

“We are proud to work with Second Harvest Japan to help those who may not know where their next meal will come from,” said Michele Sullivan, president of the Caterpillar Foundation. “Through our work, we support the UN Sustainable Development Goals, particularly those focused on ending poverty and hunger. When people’s basic human needs are met, they are able to more effectively pursue economic and educational opportunities. And when they can do so, an entire community can benefit.”

“It has been an honor for us to partner with the Caterpillar Foundation to work on this important project. Over the years, Caterpillar and the Caterpillar Foundation have been incredible partners by supporting us with volunteers and funding,” said Charles McJilton, CEO of Second Harvest Japan. “Being a pioneer in creating a food safety-net for Japan can be challenging, but with partners like Caterpillar working alongside us, we are reminded that we do not do this work alone. Together we are providing the future with a new public asset – one that will match surplus food with those in need and give peace of mind to many, many households.”

Japan has a relatively high poverty rate (16%), but very few places where those in need can access emergency food assistance. In Tokyo alone, nearly two million people live below the poverty line, and yet there are less than 20 food assistance distribution sites available. In comparison, New York City has 1,100; San Francisco has 250; and

Hong Kong has 160 distribution locations. Second Harvest Japan’s goal is to create a food safety-net for 100,000 unique users in Tokyo by 2020. To achieve this goal, they have launched the project, "Tokyo 2020: Food for 100,000."

Second Harvest Japan envisions the long-term impact of this program will increase food security for those in need. In addition, in the future, the central kitchen can be used as a training facility for the unemployed and those wishing to move into higher paying jobs.

About Caterpillar Foundation
Founded in 1952, Caterpillar's philanthropic organization, the Caterpillar Foundation, has contributed more than $715 million to help make sustainable progress possible around the world by providing program support in the areas of basic needs, education and environmental sustainability. To learn more about the global impact of the Caterpillar Foundation, visit www.togetherstronger.com. To connect with us on social media, visit caterpillar.com/social-media.

About Second Harvest Japan
Second Harvest Japan is working to create a food safety-net so that those in need such as single-parent households, the elderly, refugees and migrant workers, as well as low-income households can have access to the food they need. Second Harvest Japan also provides food to about 300 welfare institutions, NPOs, faith-based groups, regional food banks and after-school programs each month. As of the end of July 2018, they have signed donor agreements with over 1,500 companies and organizations. Second Harvest Japan continues to pioneer food banking.

CONTACT Megumi Tsukamoto +81-357172632 tsukamoto_megumi@cat.com Global Government & Corporate Affairs http://www.caterpillar.com Bridget M. Young +1 (309) 675-8463 young_bridget_m@cat.com Global Government & Corporate Affairs http://www.caterpillar.com

Hanes Launches 2018 National Sock Drive to Help the Homeless

Wed, 11/21/2018 - 1:55pm

Simple things can bring great comfort to those living without shelter.

That is why America’s No. 1 basic apparel, underwear and sock brand is donating 225,000 pairs of socks to organizations fighting homelessness across the United States in its ninth year of sponsoring the Hanes National Sock Drive. Hanes is continuing to partner with national agencies, including The Salvation ArmyInvisible People and Covenant House, while increasing the local impact of the program by engaging directly with at least one agency in every state to distribute the apparel. Since the program’s inception in 2009, Hanes has provided more than 2.5 million pairs of socks – the most requested item by relief agencies – to help the homeless.

“Most of us take basic apparel for granted, but we know a clean pair of socks can mean a lot to those experiencing homelessness,” said Sidney Falken, chief branding officer, HanesBrands. “Although we can’t solve this chronic issue facing our country, we are committed to bringing a little comfort to those who need it most.”

The brand also announced that the National Sock Drive program will expand beyond the holiday season to a yearlong effort. In addition to conducting outreach events throughout the year, Hanes has introduced the ability for individuals to participate in the program. Visit www.hanes.com/donate to purchase socks ($1), women’s underwear ($1), men’s underwear ($1.50) and bras ($6) that will be distributed in needed styles and sizes by The Salvation Army. On www.hanes.com/sockdrive, visitors can also learn more about homelessness and get information about the organizations participating in the sock drive.

Among those agencies are Covenant House, Family Promise of Coastal Alabama and HOPE Services Hawaii.

"We're so grateful that Hanes has again chosen our young people at Covenant House as the recipients of their amazing generosity through the brand’s National Sock Drive," said Kevin Ryan, president and CEO of the New York-based national agency serving homeless and at-risk youth. "The young people overcoming homelessness at Covenant House are good, brave, resilient, hard-working kids. What many of them have not had in their lives is someone who cares. With this drive, our friends at Hanes are delivering much-needed financial assistance to Covenant House by supplying practical clothing for our kids. Just as important, the brand is sending a message to our kids that they are not alone, that there are people who care. When our kids hear that message, there is nothing they cannot achieve."

Family Promise of Coastal Alabama, located in Mobile, provides temporary shelter and related services and support to families as they work to achieve and sustain independence.

“Families at FPCA work hard to make home a reality again,” said Diane J. McCaskey, executive director. “As they struggle to get back on their feet, many remain unable to afford a simple pair of socks. And while we know that socks can help keep people healthy and moving forward, our agency never has enough of them. That is why we are so grateful to be a recipient of the Hanes National Sock Drive.”

Hilo-based HOPE Services Hawaii offers housing-focused programs and services to families and individuals experiencing homelessness, while supporting their success toward permanent housing and self-sufficiency.

"We're excited to partner with Hanes, and appreciate the brand’s commitment to helping us serve our homeless community," said Kristen Alice, director of community relations.

Local organizations distributing Hanes socks include:

Alabama (Mobile)

Alaska (Anchorage)

Family Promise of Coastal Alabama

Brother Francis Shelter

Arkansas (Fayetteville)

7 Hills Center

Arizona (Phoenix)

Phoenix Rescue Mission

California (Bell)

The Salvation Army

California (Hollywood)

Covenant House

California (Los Angeles)

Los Angeles Mission

 

Street Symphony

California (Oakland)

Covenant House

California (San Diego)

Father Joe’s Village

Colorado (Denver)

Colorado Coalition for the Homeless

Connecticut (Waterbury)

St. Vincent DePaul

Delaware (Wilmington)

The Salvation Army

District of Columbia

Miriam’s Kitchen

Covenant House

Florida (Fort Lauderdale)

Covenant House

Florida (Tampa)

The Salvation Army

Georgia (Atlanta)

Covenant House

Nicholas House

Hawaii (Hilo)

HOPE Services Hawaii

Idaho (Boise)

Interfaith Sanctuary Shelter

Illinois (Chicago)

Covenant House

 

The Night Ministry

 

The Salvation Army

Indiana (Indianapolis)

Wheeler Mission

Iowa (Iowa City)

Shelter House

Kansas (Topeka)

Topeka Rescue Mission

Kentucky (Bowling Green)

HOTEL INC

Louisiana (New Orleans)

Covenant House

 

UNITY of Greater New Orleans

Maine (Bangor)

Bangor Area Homeless Shelter

Maryland (Baltimore)

Baltimore Station

Massachusetts (Boston)

Pine Street Inn

Michigan (Detroit)

Covenant House

Minnesota (Minneapolis)

St. Stephen’s Street Outreach

Mississippi (Vicksburg)

Warren County Children’s Shelter

Missouri (St. Louis)

Students-in-Transition (St. Louis School Board)

Montana (Billings)

Montana Rescue Mission

Nebraska (Omaha)

Siena/Francis House

Nevada (Las Vegas)

Caridad

New Hampshire (Plymouth)

Bridge House Homeless Shelter and Veterans’ Support

New Jersey (Newark)

Covenant House

New Mexico (Albuquerque)

Joy Junction

New York (New York)

Covenant House

North Carolina (Charlotte)

Men’s Shelter of Charlotte

North Carolina (Winston-Salem)

The Salvation Army

 

Samaritan Ministries

North Dakota (Bismarck)

Ministry on the Margins

Ohio (Cincinnati)

Shelter House

Ohio (Cleveland)

The City Mission Men’s Crisis Center

Oklahoma (Oklahoma City)

City Rescue Mission

Oregon (Portland)

Central City Concern

Pennsylvania (Philadelphia)

Covenant House

Pennsylvania (Wilkes-Barre)

The Salvation Army

Rhode Island (Providence)

Crossroads Rhode Island

South Carolina (Columbia)

Transitions

South Dakota (Sioux Falls)

Bishop Dudley Hospitality House

Tennessee (Nashville)

Open Table

Texas (Austin)

Mobile Loaves and Fishes

Texas (Dallas)

The Stewpot

Texas (Houston)

Covenant House

Utah (Salt Lake City)

The Road House

Vermont (Burlington)

Committee On Temporary Shelter

Virginia (Richmond)

The Salvation Army

Washington (Seattle)

Seattle Homeless Outreach

West Virginia (Charleston)

Union Mission

Wisconsin (Milwaukee)

The Guest House

Wyoming (Casper)

Wyoming Rescue Mission

The Hanes National Sock Drive is part of Hanes for Good, the corporate responsibility program of Hanes’ parent company, HanesBrands (NYSE:HBI).

Hanes
Hanes, America's No. 1 apparel brand, is a leading brand of intimate apparel, underwear, sleepwear, socks and casual apparel. Hanes products can be found at leading retailers nationwide and online direct to consumers at www.Hanes.com.  

HanesBrands
HanesBrands is a socially responsible leading marketer of everyday basic innerwear and activewear apparel in the Americas, Europe, Australia and Asia-Pacific. The company markets T-shirts, bras, panties, shapewear, underwear, socks, hosiery, and activewear under some of the world’s strongest apparel brands, including HanesChampionMaidenformDIM, BaliPlaytex, Bonds, JMS/Just My Size, Nur Die/Nur Der, L’eggsLovableWonderbra, Berlei, Alternative, Gear for Sports, and Bras N Things. More information about the company and its award-winning corporate social responsibility initiatives can be found at www.Hanes.com/corporate. Visit our newsroom at https://newsroom.hanesbrands.com/. Connect with HanesBrands via social media on Twitter (@HanesBrands) and Facebook (www.facebook.com/hanesbrandsinc).

CONTACTS:
Carole Crosslin
HanesBrands
336-671-3704 (mobile)
carole.crosslin@hanes.com

Jamie Wallis
Hanes
336-519-4758
jamie.wallis@hanes.com

National Grid, City of Schenectady Begin Work on Smart City Streetlight Initiative

Wed, 11/21/2018 - 1:55pm

National Grid and the City of Schenectady have begun work that will transform the municipality into a “smart city” by deploying advance street lighting technology.  The work will start on Union Street between North College Street and Washington Avenue and will include retrofitting 18 streetlights with intelligent control nodes with a mixture of soft-white and daylight temperature LED bulbs.  This project is a first of its kind partnership between a municipality and a utility company.

Under this new Smart City REV Demonstration Project, the City of Schenectady will see energy savings from advanced street lighting and controls, improved performance of existing streetlights, and the foundation for smart cities applications to improve municipality’s services for the residents of Schenectady.  National Grid and the city will gather feedback from local residents, business owners, officials and other stakeholders on LED color preference and use this as a model for the rest of the project.

Continuing in early 2019, National Grid will use its existing LED Conversion program to replace approximately 4,200 company-owned streetlights with advanced LED lights that will be retrofitted with controls and smart city technologies. The upgrades will make the city more efficient and the technology attached to the streetlights will improve asset management capabilities by enabling real-time data analytics and lighting controls. This project, along with the newly announced statewide Smart Street Lighting NY Program, will support municipalities’ efforts to reduce energy consumption, save money and reduce greenhouse gas emissions.

“National Grid is proud to partner with the City of Schenectady on this innovative REV demonstration project,” said Laurie Poltynski, National Grid’s eastern New York regional executive. “This project will develop and test multiple innovative business models that could serve as scalable solutions for other cities and towns across our service area.”

The demonstration project will allow National Grid to test the impact of energy savings from remotely operating a large-scale LED conversion project. Additionally, the project will provide information on whether enhanced street lighting infrastructure can provide additional pricing options that allow municipalities to maximize streetlight infrastructure for services other than lighting. 

The project was conceptualized in partnership with Schenectady Mayor Gary McCarthy, who appointed a Smart City Commission to help drive how the city serves its residents. The commission looked to smart city technology to enhance the city’s municipal services and improve the quality of life for its residents.

“I would like to sincerely thank National Grid, the Department of Public Service, and our Smart City Advisory Commission for their valued partnership,” Mayor Gary McCarthy said. “Schenectady has a proud history of innovation and it is incredibly important that we use technology and infrastructure to improve quality of life for residents and make our community more sustainable.”

The Smart City REV Demonstration Project also will enable third parties to deliver data analytic applications for future uses. The technology would offer citizens, developers, start-ups, universities, and entrepreneurs the ability to bring concepts to life through apps that rely on data analytics obtained from the sensors and devices that are installed on the streetlights.

The Smart City REV Demonstration Project is part of National Grid’s robust suite of customer solutions to reduce street lighting costs and promote clean energy.  Other solutions  include an LED streetlight option for private-area lighting customers, a program for  municipalities to earn a one-time incentive payment for converting existing streetlights to LED, an opt--in luminaire replacement program where customers can choose to have National Grid install LED fixtures when existing fixtures reach their end of life, and development of an innovative streetlight portal  that will provide customers with more transparency and interaction with their streetlight bills and inventory.

Phase one of the REV demonstration, to continue in 2019, will include the installation of LED luminaires, intelligent network lighting controls and communication networks in two zones of the city. Phases two and three will expand this installation in other regions of the city; these phases will also include the installation of smart city sensor nodes and smart city attachments. These phases will take place over three years.

The Smart City project is among a series of REV, or Reforming the Energy Vision, demonstration projects being led by National Grid. REV is Gov. Cuomo's strategy to lead on climate change and grow New York's economy while building a cleaner, more resilient and affordable energy system.  Among National Grid’s REV demonstration programs are the Smart Energy Solutions energy management initiative in Clifton Park , the Fruit Belt Neighborhood Solar Demonstration Project in Buffalo, and the Community Resilience Microgrid Demonstration Project in Potsdam.

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Disaster Coordination Call for Hurricane Harvey

Wed, 11/21/2018 - 1:55pm

Extreme flooding in Texas over the past few days in the aftermath of Hurricane Harvey has damaged homes and businesses, displaced families and individuals, and left at least two fatalities in the region. In the wake of disasters such as these, a multi-sector response effort is critical.

Join the U.S. Chamber of Commerce Foundation Corporate Citizenship Center for a coordination call on the flooding crisis in Texas. On the call, hear from companies, NGOs, and multilateral organizations about the situation on the ground, current humanitarian efforts, and what your company can do to help. Register here: https://goo.gl/2CZ7mH

New Report Highlights Untapped Potential for Corporate Water Efficiency in the Southwest

Tue, 11/20/2018 - 4:54pm

With the Bureau of Reclamation warning that the Colorado River could be in an official shortage as soon as 2020, a new report released today by Business for Water Stewardship offers hope that businesses can cut water use while growing the economy. The report, Corporate Contributions to Water Stewardship in Colorado and Arizona, found that just under half of Colorado and Arizona’s leading companies have voluntary water use targets. With the Commercial, Industrial and Institutional (CII) sector accounting for more than a quarter of water use in those states, policies and incentives to promote corporate water stewardship could result in significant savings.

“We can’t make it rain, but we can make the most of every drop of water, and that is precisely what the Southwest’s leading companies are working to do,” said Todd Reeve, Director of Business for Water Stewardship. “The fact that Coca-Cola, PepsiCo, Hilton, Intel, MillerCoors, and so many other businesses are working voluntarily to reduce water use and restore rivers is a great sign. We need to accelerate that progress to ensure a water secure and prosperous future.”

The research, conducted by Antea Group, looked at water use by 67 Arizona and Colorado companies in the food and beverage, hospitality, energy, and technology industries. Limited data makes it difficult to track progress, but available information shows that CII water use is rising, although it is still below 2004 levels in Arizona, and growing more slowly than the economy.

“What gets measured gets managed,” said Nick Martin of Antea Group. “The timing is right and the appetite to pursue meaningful advancements in corporate water stewardship is at an all-time high. The missing piece is readily available data and information for companies, utilities and policymakers to make informed and confident decisions.” 

The report highlights three key needs to accelerate corporate water stewardship: better data about CII water use, more sharing of best practices, and a more supportive policy and business environment that incentivizes water savings, recycling, and restoration. 

Even absent policy and market incentives, 44% of Arizona companies surveyed and 49% of those in Colorado have set water use targets, with annual water savings ranging from 2-10%. Many companies are also using recycling, community engagement, technology like remote monitoring, and operational and landscape changes to save water. The report includes case studies from household name companies like Hilton, Sprint, IBM, Intel, GoDaddy, Safeway and MillerCoors. 

“To stay competitive, companies need to be looking decades into the future,” said Jon Radtke, Water Sustainability Program Director at Coca-Cola North America. “Any business in the Southwest that’s looking that far out is going to see water risk, and understand that it’s in their interest--and the interest of employees and customers--to do their part to conserve. That’s why Coke is working to boost global water efficiency by 25% while returning 100% of the water we use to communities and nature.”

“At Hilton, we’re committed to reducing our water use intensity by 50 percent by 2030 through our Travel with Purpose initiative. In order to accomplish our water stewardship goals, every property in our portfolio is required to have at least one water restoration, replenishment or conservation effort active in their communities,” said Maxime Verstraete, vice president of corporate responsibility, Hilton. “From replacing leaky pipes to water efficient landscaping, we know that small changes can add up to a big impact when magnified across our more than 5,500 hotels around the world.”

Seven of the companies surveyed support restoration projects designed to increase flows in rivers and streams, restore wetlands and replenish groundwater to improve water security for people, fish and wildlife. In Arizona, corporate funding has helped advance dozens of irrigation modernization projects that now deliver water more reliably to farms while also bolstering flows to rivers and streams. In Colorado, corporate support has helped implement water sharing agreements and partnerships that keep rivers like the Poudre, Gunnison, Yampa, and Rio Grande flowing during times of stress.

A summary and the full report are both available for download at http://businessforwater.org/resources#policy-publications.

Business for Water Stewardship (BWS) works hand-in-hand with businesses to advance solutions necessary to sustain the well-being of our communities, economies, and rivers. A program of Bonneville Environmental Foundation, BWS provides a portfolio of services that catalyze business engagement and leadership in environmental water stewardship.

For more information, please contact:

Molly Mugglestone
Director of Communications
Business for Water Stewardship
molly@businessforwater.org
970-275-8909 

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T-Mobile Encourages Everyone to Do Their #GivingOnUs – Makes More Than $2M Available for Customers, Fans and Employees to Donate on November 27th

Tue, 11/20/2018 - 1:54pm

Tis the giving season - and T-Mobile wants to help everyone get into the spirit this Giving Tuesday – on us! Today, T-Mobile (NASDAQ: TMUS) announced it will make more than $2 million available to customers, fans and employees who want an opportunity to do some #GivingOnUs!

It’s simple and no strings attached! On Giving Tuesday, November 27th, here’s how it will work:

  • T-Mobile Customers: Through the T-Mobile Tuesday app, every customer can give 10 meals* (on us!) to Feeding America®. Customers will also get the chance to win the opportunity to have T-Mobile donate up to $25, $100 or even $500 –to their favorite charity. **

  • Everyone: Every time anyone tweets with the #GivingOnUs hashtag, T-Mobile will give 10 meals* to Feeding America. In total, via Twitter and the T-Mobile Tuesday app, up to 10 million meals ($1 million) will be donated to Feeding America!

  • T-Mobile Employees: The T-Mobile Foundation will deposit at least $27 in every T-Mobile employee’s Giving Account, which they can direct to any eligible charity of their choice. 

“We love giving back during the holiday season and this Giving Tuesday we want our customers, fans and employees to do their #GivingOnUs!” said John Legere, CEO of T-Mobile. “We’re making it easy. We’re putting more than $2M in their hands and giving them the opportunity to donate to some amazing organizations that will make a huge difference in our communities.”

The Un-carrier’s commitment to charitable giving goes far beyond just one day. So far in 2018, T-Mobile has donated more than $8 million and offered more than 34,000 volunteer hours to organizations that support youth, veterans, the environment, disaster recovery, ending hunger in America and more. This doesn’t even include donations to come from our Giving Tuesday campaign this year – which kicks off our busiest giving season of all!

For updates or to learn more about T-Mobile’s charitable giving, visit: https://www.t-mobile.com/responsibility

*Feeding America Donation: $1 helps provide at least 10 meals secured by Feeding America on behalf of local member food banks.
**Sweepstakes: NO PURCHASE NECESSARY. Open to residents of the 50 U.S., P.R., and D.C. 13+. Enter from 11/27/18 @ 5:00 am ET to 11/28/18 @ 4:59 am ET. Void where prohibited. Sponsored by T-Mobile. For information on how to enter & full rules visit t-mobiletuesdays.com on 11/21.   

About T-Mobile US, Inc.
As America's Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. Our advanced nationwide 4G LTE network delivers outstanding wireless experiences to 75.6 million customers who are unwilling to compromise on quality and value. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and Metro by T-Mobile. For more information, please visit http://www.t-mobile.com.

T-Mobile US Media Relations
MediaRelations@t-mobile.com

Ola Brew —Growing Hawaii’s Agriculture, One Pint at a Time

Tue, 11/20/2018 - 1:54pm

After 11 months in operation of their Hawaii County brewery, cidery, and taproom, Ola Brew announces round-three of their equity crowdfunding raise of $300,000 to add an onsite restaurant, continue launching and producing new products for retail, and begin the planning and design of a satellite location in Honolulu, HI. The offering—now live on the Wefunder crowdfunding platform—is made possible by the recent JOBS Act which, allows local investors to buy equity in new growing businesses. This round will close March 30th, 2019.

Since opening doors on December 15th 2017, Ola Brew has quickly become a must see/must taste destination for visitors and local residents, alike. The draw—Ola Brew is Hawai’i’s first production brewery to specialize in both beer and cider made with island-grown ingredients. Ola Brew has a mission to encourage growth in Hawai’i’s agricultural economy by purchasing local ingredients and incorporating them into innovative beers and ciders. Stimulating economic growth by purchasing b-grade fruit that may otherwise go to waste is their goal and another way to include the community as stakeholders in their business model, second to being both community and employee owned.

Demand for Local Craft

While the rise of micro-breweries and micro distilleries nationwide continues to grow steadily, the cider industry is seeing a clear boom and a demand for more flavors and new styles of cider—and Hawaii is no exception. Since closing their first equity crowdfunding campaign in May, 2017, the Ola Brew team worked hard to bring a new facility to life while also experimenting and perfecting new beer and cider recipes.

Since opening their facility in December, Ola Brew has exceeded projections in their taproom and with retail partners throughout the state including on premise hotels, bars, restaurants and off-premise retail accounts; Ola Brew has also partnered with Paradise Beverage, Hawai’i’s largest beer distributor for statewide distribution of canned beer sales. Since launching their flagship IPA in stores statewide in July, 2018 Ola Brew has landed accounts such as Wholefoods, Safeway, Costco, and CVS tallying at nearly 250 retail accounts to date.  “Our partnership with Ola Brew has been incredible and a great decision for us. The reception in retail stores has gone overwhelmingly well,” says Thom Cornog, Craft Beer Sales Manager at Paradise Beverage. “Ola Brew is out the gate with a winning combo: it's a local beer and they're leading with their flagship IPA. You can't go wrong with that combination.” Ola Brew will launch two more products for retail in their 4th quarter, the Ma’a Lager and Kona Gold Pineapple Cider, which will be Hawai’i’s first cider canned for retail.  

Dedication to Community

Using a triple bottom line business approach, Ola Brew defines success by positively impacting the island’s economy, the environment, and its people. President and Director of Marketing of Ola Brew, Naehalani Breeland says, “last year we purchased over $60,000 in local fruits to prepare for this year’s production. This year we plan to double that.” With the launch of the restaurant that will also base source ingredients from island farms, Breeland says the potential to grow their impact is substantial.

Facility and License

Ola Brew is second to Maui Brew Co. to acquire a Hawaii Class 18 Liquor License—allowing them to produce beer, wine, and spirits. In 2017, Ola brew transformed an ordinary 14,000 sq ft. warehouse into a state-of-the-industry production facility and taproom. Since the close of their last equity-crowdfunding raise, Ola Brew has tripled its capacity to support the  The facility’s current brew capacity is over 12,000 barrels per year and is equipped with a full canning and production line, which allows Ola Brew to share craft brews with the entire state. Production to date is just over 3000 barrels.

Stakeholder Owned

The authorization of the Jumpstart Our Business Startups (JOBS) Act—signed into law May 16, 2016— allows and encourages small businesses and entrepreneurs to raise capital from their trusted community rather than seeking tethered and unfamiliar angel investments.  Wefunder, Nick Tommarello says, “Everyone should have the right to invest in what they truly care about, and the people who care should have a say where the capital gets distributed.” So far, the JOBS Act has allowed hundreds of small businesses and individual investors to benefit.

Since the JOBS Act regulations were implemented, many small businesses across the US are adopting this model of fundraising. “We decided to utilize the WeFunder platform for a number of reasons,” says Brett Jacobson, CEO/Founder of Ola Brew.  Wefunder’s mission is to increase economic growth and lower wealth disparity, by sharing the rewards of capitalism more broadly, which directly relates to the goals at Ola Brew Jacobson, also the founding CEO of local beverage company, Hawaiian Ola, has had a long-standing passion for supporting Hawaii’s agriculture and economy by empowering local farmers producing responsibly grown crops. “Rather than isolating community stakeholders,” says Jacobson, “we want to work with shoppers by making them shareholders of everything we do.”

The Big Picture

Ola Brew set out to raise $4.1M—to date the brewery has raised $3.2M, of which $707K was raised from their first equity crowdfunding raise that closed last April and was used to fund the initial build out, purchasing tanks and production equipment, and bringing products to retail market.

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About Ola Brew:
 Ola Brew is Hawaii’s first locally sourced and locally produced beer and cider company combined. The team is comprised of the seasoned beverage industry peeps that brought you the Hawaiian Ola Beverage Company. Ola Brew supports farmers growing responsibly grown tropical fruits, and is passionate about creating great tasting beers and ciders, which provides shoppers a local alternative to imported brews.

For more information, please contact:

Naehalani Breeland, President/Director of Marketing
808.388.6654
naehalani@olabrewco.com  
www.olabrewco.com
www.wefunder.com/olabrewco

HACR Hosts Its First 2018 Corporate Inclusion Index Awards Dinner Presenting the HACI Award

Tue, 11/20/2018 - 1:54pm

On November 14, 2018, the Hispanic Association on Corporate Responsibility (HACR) hosted its first Corporate Inclusion Index (CII) Awards Dinner at the J.W. Marriott hotel in Washington, D.C. PepsiCo served as the dinner’s main sponsor.

The HACR CII Awards Dinner is based on HACR’s CII ratings which are designed around two focus areas – a practice and outcomes assessment in the Employment, Procurement, Philanthropy, and Governance pillars. The assessment examines key indicators by which companies evaluate progress on diversity and inclusion in order to help them identify opportunities for improvement or best practices for Hispanic inclusion.

The HACR Award for Corporate Inclusion, (HACI) is given to companies who achieved a five (5) star rating in any pillar. This year there were a total of fifty participants. Thirty-seven are Fortune 100 companies and nine participated for the first time.

The following companies won the HACI award in the following categories:

Employment:  ADP, Aetna, Allstate Insurance Company, Anthem, AT&T, Cigna, Coca-Cola Company, Comcast NBCUniversal, GM, Humana Inc., Intel Corporation, Johnson & Johnson, JPMorgan Chase & Co., Metlife, Miller Coors LLC, Morgan Stanley, PepsiCo, Prudential Financial Inc., State Farm, Verizon, and The Walt Disney Company.

Procurement: Comcast NBCUniversal, Exelon Corporation, GM, and Walmart Inc.

After dinner, Dr. Garcia continued to present the HACI award for Philanthropy and Governance to the following winners:

Philanthropy: AT&T, Cigna, Citi, Comcast NBCUniversal, Exelon Corporation, UPS, and Verizon.

Governance: ADP, American Express, Cigna, Citi, Coca-Cola Company, Comcast NBCUniversal, Comerica Bank, GM, Marriott International, PepsiCo, Target, United States Tennis Association, and Verizon.

Comcast Corp. is the only Fortune 100 company to earn five stars in all four pillars of the HACR Corporate Inclusion Index.

“Comcast NBCUniversal Telemundo is honored to be acknowledged as the only company to receive the HACR Award for Corporate Inclusion (HACI) in all four categories: employment, procurement, philanthropy and governance. We value our long-term partnership with HACR and its member organizations, and we are proud of our journey together to advance Hispanic inclusion across our businesses and the communities where our 195,000 employees live and work.  We greatly appreciate this recognition, however we realize this important work is never done. We look forward to our future collaborations with HACR.” said Comcast Senior Executive Vice President and Chief Diversity Officer, David Cohen.

On behalf of the HACR and its’ Board of Directors, HACR is thankful to all the companies who participated in this year’s survey. To access the 2018 HACR Corporate Inclusion Index report click here.

About HACR

Founded in 1986, the Hispanic Association on Corporate Responsibility (HACR) is one of the most influential advocacy organizations in the nation representing 13 national Hispanic organizations in the United States and Puerto Rico. Our 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.

For more from this organization: Hispanic Association on Corporate Responsibility

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