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Scotiabank Celebrates International Youth Day

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SOURCE:Scotiabank

DESCRIPTION:

This International Youth Day, Scotiabank is proud of its employees that make a difference in the lives of young people every day. We believe this is an investment in the long-term security, stability and growth of our communities. Our goal is to help ensure that young people have the necessary services, support and opportunities they need to thrive.

Watch the Video

Tweet me:Watch the video: @ScotiabankViews helps ensure that young people have the necessary services, support and opportunities they need to thrive http://bit.ly/2w7yw1D #YouthDay

KEYWORDS: International Youth Day, Scotiabank, csr, Education, young people, employees


Georgia is paving the way for a high-tech, sustainable highway

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By John R. Quain

SOURCE:Ray C. Anderson Foundation

DESCRIPTION:

If you want to see what the highway of the future might look like, then you only need to drive down to Georgia.

On an 18-mile segment of Interstate 85 — stretching from the city of LaGrange to the Alabama border, 67 miles from Atlanta — a consortium of government agencies, global companies, and academic researchers, along with the Ray C. Anderson Foundation are working together to build a smart roadway. Using a variety of technologies ranging from electricity-generating surfaces to pollution-reducing ditches, it’s a real-world laboratory that’s paving the way to the roads of tomorrow.

It’s also aimed at demonstrating how a smart transportation corridor can not only be environmentally friendly, but generate revenue as well.

Read the full story on Digital Trends.

Tweet me:If you want to see what the highway of the future might look like, then you only need to drive down to Georgia. @TheRayHighway @DigitalTrends http://bit.ly/2w089um #RidetheRay

Contact Info:

Valerie Bennett
Ray C. Anderson Foundation
+1 (770) 317-5858
valerie@raycandersonfoundation.org

Anna Cullen
The Ray
+1 (404) 405-2685
anna@theray.org

KEYWORDS: Ray C. Anderson Foundation, The Ray

Wells Fargo Joins Origis Energy USA to Expand Clean Energy Supply for Florida

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52-MWac FL Solar 5 project to produce low-cost, renewable electricity for Reedy Creek Improvement District

SOURCE:Wells Fargo & Company

DESCRIPTION:

NEW YORK, August 13, 2018 /3BL Media/ - Wells Fargo (NYSE: WFC) announced it has committed the capital in construction debt, as well as the tax-equity funding of $35 million for the new solar generation facility, known as FL Solar 5 in Orange County, Florida. This solar facility will include half a million solar panels and will also reduce greenhouse gas emissions by more than 57,000 tons per year. That’s the annual equivalent of removing 9,300 automobiles from the roads.

Origis Energy USA, a Miami-based solar energy company that delivers custom clean energy solutions for utility, commercial, and public-sector clients, developed the solar project and is providing the balance of the project’s capital as well as acting as the solar power plant’s engineering, procurement and construction provider.

“We are pleased to partner with Wells Fargo on this significant renewable energy project,” said Samir Verstyn, chief investment officer of Origis Energy USA. “Our team is focused on delivering superior customer service with sustainable energy solutions such as this one.”

Scheduled to be fully operational in December 2018, FL Solar 5 will produce and transmit low-cost, renewable electricity to be purchased by Reedy Creek Improvement District of Orange County, Florida.

“Wells Fargo is proud to be a part of impactful projects like FL Solar 5 that help our communities accelerate the transition to a lower carbon economy,” said Alok Garg of Wells Fargo Independent Power & Infrastructure group, a part of the Wells Fargo Energy Group. “We value our relationship with Origis Energy, a company that is in the forefront of creating a greener energy future.”

For the past 13 years, Wells Fargo has been a significant contributor to the advancement of clean energy in the U.S., with financing and tax equity investments energizing U.S. wind and solar. The bank has funded or committed to fund more than $6 billion in wind and solar projects throughout the U.S. Since 2012, Wells Fargo has invested and financed more than $70 billion in renewable energy, clean technology, “greener” buildings, sustainable agriculture and other environmentally sustainable businesses. In addition, Wells Fargo recently pledged to provide $200 billion in financing to sustainable businesses and projects by 2030, with more than 50 percent focused on clean technology and renewable energy transactions that directly support the transition to a low-carbon economy.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 8,050 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 38 countries and territories to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2018 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Contact:

Media Contact
Jessica Ong, 1-212-214-8242
@JessOngWF

Tweet me:.@WellsFargo Joins @OrigisEnergy to Expand #CleanEnergy Supply for #Florida http://bit.ly/2MoEIwj

KEYWORDS: Wells Fargo, origis energy, Clean Energy, Orange County, Florida, solar generation, NYSE:WFC

Domtar Sustainability Goals: Journey to 2020

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SOURCE:Domtar

DESCRIPTION:

Domtar has been a longtime leader in sustainability in the forest products industry because we are committed to incorporating sustainability throughout our supply chain — from forest management and raw material procurement to manufacturing processes and how we work. We’ve made great progress on the Domtar sustainability goals we set for the year 2020.

In our award-winning 2017 Sustainability Report, we highlighted our progress on our 2020 sustainability goals. Now, we are pleased to report in our 2018 Sustainability Update that we have met or exceeded half of those goals.

Our exciting progress on this sustainability journey reinforces our commitment to finding solutions in a world facing a variety of environmental and social challenges.

Here are some key accomplishments toward our sustainability goals for 2020:

  • We’ve reduced greenhouse gas (GHG) emissions by 18% since 2010, surpassing our goal of 15% by 2020. This represents a reduction in total direct and indirect GHG emissions from purchased energy at pulp and paper mills. Fuel switching of six power boilers from coal to natural gas over the past few years provided the majority of reductions.
  • We completed a water-cost model for our pulp and paper mills well ahead of our 2020 schedule. A water-cost model helps our pulp and paper mills measure and more strategically manage the full cost of using water. We built the model after conducting pilot studies at five mills over the past two years, which allowed us to account for site-specific water conditions. We plan to begin operationalizing the full cost of water into our business decisions and conducting additional water-cost assessments at other mills in 2018.
  • We increased the level of Forest Stewardship Council®-certified fiber procured for Domtar pulp and paper mills to 22% of total fiber use, exceeding our 2020 goal of 20%. We remain committed to lowering the technical and financial hurdles to increasing forest certification in our wood procurement regions.
  • We reduced our recordable safety incident rate to 0.78, our best year on record and a 55% reduction since 2008. We are working toward achieving our 2020 goal of reducing our recordable safety incident rate to 0.50 by increasing focus and efforts on injury prevention and the elimination of noncore, high-hazard tasks where possible.
  • We have expanded our EarthChoice Ambassador (ECA) program to 76% of company facilities. As of 2018, we have established ECA teams in 26 locations across four countries, bringing us closer to our goal of having 100% of our facilities participating in our ECA program by 2020.
  • We reduced total waste sent to landfills from pulp and paper mills by 36% since 2013, approaching the 2020 goal of 40% reduction. Our source reduction initiatives and new or expanded beneficial use programs have contributed to our progress on this goal.

Domtar Sustainability Goals: A Look at How We Work

At Domtar, sustainability is an endeavor that extends beyond environmental stewardship alone. We aspire to reduce risks, enhance brand reputation, drive business success and grow shareholder value. We are excited about the progress we’ve made toward many Domtar sustainability goals, but we know there is always more that we can and should be doing.

Tweet me:.@DomtarEveryday recently released their 2018 #sustainability update on their journey to their #2020goals http://bit.ly/2vGFxXE #sdgs

KEYWORDS: greenhouse gas (GHG) emissions, EarthChoice Ambassador (ECA), Domtar

     

Sherlock Gnomes Tracks Down Free Screening for Local Youth

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By Lisa Di Venuta

SOURCE:Viacom

DESCRIPTION:

Rather than heading home to relax in air-conditioned apartments or neighborhood bars after work on Wednesday, July 25, a group of Paramount Pictures employees chose to spend the night volunteering outside in the summer heat.

Embracing the Viacommunity spirit of “All good, all around,” Paramount’s volunteers gave back to kids in their local community with an evening of activities and an outdoor screening of Paramount’s animated flick Sherlock Gnomes at Los Angeles’ Lemon Grove Park.

The festivities were part of a program called Summer Night Lights, run by the City of Los Angeles Mayor’s Office of Gang Reduction & Youth Development (GRYD) and The GRYD Foundation. This was the fifth consecutive year that Paramount has hosted the event, which offers artistic and recreational activities, health screenings, educational workshops and more to children and young adults living in areas highly impacted by gang violence and poverty.

Each year, the studio taps its century-old movie library to give back – handing out branded movie swag to families and kids at the free screening of a Paramount Pictures film.

“It was amazing to see the community rally together to provide families and kids with safe and entertaining recreation,” said Worldwide Marketing Services Executive Assistance Robert Sevenich, who served as project manager for Paramount’s team. “Surprisingly, it was the best way to relax and enjoy the night, even after a long day of work.”

Paramount Corporate Social Responsibility (CSR) intern D’Marco Griffin volunteered at this year’s screening, and was struck by the children’s positive energy.

Griffin recalls seeing the kids swarm around the piñata station, where he was working. At another activity station, delighted kids decorated custom gnome hats.

“This was the first time I volunteered for Summer Night Lights,” said Griffin. “The experience was truly heartwarming, especially when I think about how Paramount’s efforts to facilitate a safe, fun environment for at-risk children could be key in helping these kids become successful adults rather than statistics lost to deprivation and gang culture.”

Tweet me:.@ParamountPics volunteers gave back to kids in their local community with an evening of activities and an outdoor screening of @sherlockgnomes at Los Angeles’ Lemon Grove Park http://bit.ly/2vHHiE3 @Viacom

KEYWORDS: NASDAQ:VIA, Viacom, Sherlock Gnomes, Paramount Pictures, Viacommunity, Summer Night Lights, Office of Gang Reduction & Youth Development, The GRYD Foundation.

  

SunCrate© and Leading Technology Providers Deliver Critical Power Support to Puerto Rico School Children

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Black & Veatch, Tesla, Canadian Solar, Lloyd Electric and SunCrate Energy bring resilient microgrid power to SU Manuel Ortiz in Puerto Rico

SOURCE:Black & Veatch

DESCRIPTION:

YABUCOA, Puerto Rico, August 13, 2018 /3BL Media/ – Eleven months since their three-building school was first plunged into darkness by Hurricane Maria, 140 students in Puerto Rico’s picturesque Yabucoa district have reliable power. Resilient electricity service was provided Saturday to the SU Manuel Ortiz school through an innovative scalable, plug-and-play sunshine-to-energy module pioneered by SunCrate Energy with Black & Veatch support.  Known as a “SunCrate,” the unit is an effective mitigation measure to back up the traditional power supply from the grid. The SunCrate can also provide sustainable power in the face of ongoing system outages and future natural disasters without requiring diesel fuel.

The humanitarian effort to return sustainable electricity to the K-8 school, found along the island’s hard-hit southeastern coast, drew donated equipment and expertise from a collection of North American companies. Additional support for the Yabucoa project came from Tesla, Canadian Solar and Lloyd Electric.

"We are grateful for this initiative, which will equip this school with the technology needed to become a resilient campus and not dependent on the status of the power grid. This means that if we are hit with future harmful weather events, the school will be able to open more quickly and continue providing services to students,” Puerto Rico Secretary of Education Julia Keleher said.

The SunCrate harnesses a scalable rapid-response design developed by Black & Veatch and manufactured by SunCrate Energy.  Electricity will be generated by an array of 325-watt CS6U-Poly modules from Canadian Solar, one of the world’s biggest solar power companies and a leading manufacturer of solar photovoltaic modules. California-based Tesla contributed advanced battery energy storage through various Powerwall units capable of storing excess solar power and delivering it outside peak generation periods.  Lloyd Electric Co. of Wichita Falls, Texas, and Lord Electric partnered to support delivery and installation of the SunCrate.

“As families in the region begin to prepare for the school year, this community is still impacted by the longest U.S. power outage in history,” said Dolf Ivener, a Midwestern entrepreneur who owns King of Trails Construction and SunCrate Energy, which is donating the SunCrate. “SunCrate, with its rapid deployment and use of renewable energy, should give this school peace of mind and hopefully returns a touch of long-overdue normalcy to students and their parents. When it comes to consistent power, SunCrate is on duty.”

The SunCrate is a portable renewable energy system conceived by Ivener and designed and tested by Black & Veatch. Its modular design uses solar PV panels, inverters and batteries to store and provide electric power in support of critical services such as police, fire, schools, clinics and other community level facilities.

A SunCrate can generate 23 to 156 kWh per day, and store 10kWh to 135kWh depending on configuration.  A SunCrate’s power generation and storage capacity can be easily scaled through daisy-chained configurations to accommodate larger buildings and loads.  Leveraging resources from Tesla, Canadian Solar, Lloyd Electric and Lord Electric, the unit in Yabucoa will provide an estimated 52 kWh of storable power without requiring use of costlier diesel-powered generators and cutting greenhouse gas emissions. Its capabilities allow the school to strengthen its function as a designated Community Emergency Response Center in the event of future natural disasters.

“Canadian Solar has a long history of using solar power to support humanitarian efforts aiding victims of social injustice and natural disasters, including previous donations to Puerto Rico after Hurricane Maria," said Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar. "We are pleased to make the difference for these schoolchildren in Yabucoa who have been without reliable power for too long.”

The SunCrate will also substantially lower the school’s ongoing electricity costs by providing a reliable source of renewable energy on site.  

“Through our experience providing engineering services in Puerto Rico for nearly 50 years, including dozens of specialized projects for local government and industrial clients, we see great potential for SunCrate as a source of resilient power for the Commonwealth’s remote schools and communities at large,” said Charles Moseley, a Program Director in Black & Veatch’s water business. “We hope that the deployment of the SunCrate in Yabucoa sets a precedent for facility and municipal level migro-grid efforts on the island and beyond.”

SunCrate also has broad potential applications in conflict/post-conflict environments and in rural electrification efforts in the developing world, serving as a resilient source of electricity within hours of its arrival on site. Of particular benefit, the system’s flexibility cuts fuel costs to a fraction of a generator’s typical consumption when they are used around the clock with maintenance requirements. 

About Black & Veatch 
Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2017 were US$3.4 billion. Follow us on www.bv.com and in social media.

About SunCrate Energy

As a Midwestern entrepreneur who owns King of Trails Construction and Hog Power Energy in Sioux City, Iowa, Dolf Ivener has been an established solar installer for more than six years largely in the rural application arena. After developing a turnkey microgrid system in a shipping container, Ivener realized its potential applications were far broader as a mobile electricity source fully functional within hours of its arrival.

About Canadian Solar 
Founded in 2001 in Canada, Canadian Solar is one of the world's largest and foremost solar power companies. As a leading manufacturer of solar photovoltaic modules and provider of solar energy solutions, Canadian Solar also has a geographically diversified pipeline of utility-scale power projects in various stages of development. In the past 17 years, Canadian Solar has successfully delivered over 27 GW of premium quality modules to over 100 countries around the world. Furthermore, Canadian Solar is one of the most bankable companies in the solar industry, having been publicly listed on NASDAQ since 2006. For additional information about the company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

About Lloyd Electric

Founded in 1984, Lloyd Electric Company is a full-service electrical construction company that has partnered with industry leaders on government and commercial projects across North America and in various countries overseas. Services include overland, primary and secondary power distribution, complete inside electrical installation and solar systems, as well as energy remediation projects. Lloyd Electric has been working in the Caribbean for more than 22 years, including on six islands after three different hurricanes.

Black & Veatch Media Contact Information:

JIM SUHR | +1 913-458-6995 P | +1 314-422-6927 M | SuhrJ@bv.com

24-HOUR MEDIA HOTLINE | +1 866-496-9149

KEYWORDS: humanitarianism, SunCrate Energy, Black & Veatch

Save Our Oceans From Drowning in Plastic

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SOURCE:American Express

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According to a recent United Nations report, 80 percent of all pollution in the oceans comes from people on land, and over eight million tons of plastic ends up in the ocean each year. This waste annually costs the lives of one million seabirds and 100,000 marine mammals and causes $8 billion in damage to marine ecosystems.

Other studies have estimated that at least five trillion pieces of plastic are floating in the world’s oceans, and while a majority of this plastic debris sinks or washes ashore, much of it is floating in five gigantic, slow-moving whirlpools nicknamed Vortexes. The World Economic Forum projects that there will be more plastic than fish by weight in the oceans by 2050 if the current trends continue.

A number of companies, nonprofit organizations and government agencies have advocated moving away from this kind of linear economy -- where we make and dispose of plastic -- to a more circular system where we keep plastic in the economy and out of the natural environment.

One such effort is the UK Plastics Pact, which aims to transform the plastic packaging sector in the UK by meeting four targets by 2025:

  • 100 percent of plastic packaging to be reusable or compostable;
  • 70 percent of plastic packaging effectively recycled or composted;
  • 30 percent average recycled content across all plastic packaging; and
  • Problematic or unnecessary single-use packaging items are eliminated through redesign, innovation or alternative (reuse) delivery models.

Many groups have targeted the single-use plastic straw in an effort to reduce plastic waste. It is estimated that 12 billion straws are used worldwide very year, and they are frequently one of the top 10 items found in beach clean-ups. While some countries and cities have sought to ban them outright, a number of companies like Starbucks and McDonalds have voluntarily agreed to eliminate or dramatically decrease the use of single-use plastic straws in the coming years.

Another culprit is the plastic bag. An estimated one trillion bags are used each year globally, and the average American throws away 10 single-use bags per week. New Yorkers alone use 23 billion bags per year – more than enough, when tied together, to stretch to the moon and back 13 times. Dozens of countries (e.g., Ireland and Kenya) and municipalities (e.g., Austin, Chicago and Seattle) have either banned the use of plastic bags altogether or they have imposed fees to discourage their use.

A number of nonprofit organizations are working to bring visibility and change to the amount of plastic waste in our oceans. One is the Ocean Conservancy. Founded in 1972, the Ocean Conservancy works to protect ocean species such as whales, seals and sea turtles as well as their natural habitats and the communities that surround them, and its International Coastal Cleanup mobilizes over 600,000 volunteers to clean up beaches and coastlines each year.

Another is 4Ocean, which is focused on four pillars of work:

  • Optimizing technology to prevent, intercept and remove trash from the ocean and coastlines;
  • Creating jobs with full-time captains and crews that are cleaning the oceans and coastlines every day;
  • Educating individuals, corporations and governments on the impact that plastic has on the ocean; and
  • Creating new global economies by giving ocean plastic a value that creates a market for the removal of trash.

Parley seeks to create a movement where creators, thinkers and leaders come together to raise awareness for the beauty and fragility of our oceans and collaborate on projects that can end their destruction. Its Parley for the Oceans Program is centered on three strategies: avoid plastic wherever possible, intercept plastic waste and redesign the material itself.

Parley has created a number of partnerships with companies that have either created or pledged to create new products from ocean plastic (e.g., Adidas, Stella McCartney) or have shifted consumption away from virgin plastic. American Express recently announced plans to launch our first American Express Card manufactured from recovered plastic waste found in oceans and on the coasts as well as to phase out single use plastic straws and coffee stirrers from all of our major offices and Centurion airport lounges globally.

What can you and I do to reduce our plastic waste? Here are some suggestions:

  • Carry a reusable water bottle.
  • Take reusable bags to the grocery store or market.
  • Use reusable utensils, plates, cups and mugs.
  • Avoid plastic straws, coffee stirrers and single-use condiment packets.
  • Opt for snacks that can be purchased in bulk and stored in reusable containers rather than buying single-wrapped items or using baggies.
  • Support nonprofit organizations that are working to reduce and recycle plastic waste and companies that are acting responsibly.

Portions of this blog first appeared on Forbes.com

If you have a comment or question, please follow me on Twitter at @timmcclimon and start a conversation there. Thanks for reading and sharing this blog posting with friends and colleagues.

Tweet me:Nonprofits having an impact on #oceanpollution in this week's #CSR Now! by @TimMcClimon http://amex.co/csrnow

Contact Info:

Jocelyn Seidenfeld
American Express Company
+1 (212) 640-0555
jocelyn.f.seidenfeld@aexp.com

KEYWORDS: NYSE:AXP, American Express

 

Sysco Announces 2025 Corporate Social Responsibility Goals

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SOURCE:Sysco

DESCRIPTION:

HOUSTON, August 13, 2018 /3BL Media/ -- Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today its 2025 Responsibility Goals, building on the company’s long-standing Corporate Social Responsibility (CSR) initiatives. These newly defined goals set a clear path for the future and demonstrate the company’s continued commitment to care for people, supply products responsibly and protect the planet.

“As the global leader in foodservice distribution, it is our responsibility to operate in a manner that meets the needs of our customers today, while producing positive, lasting change,” said Tom Bené, Sysco’s president and chief executive officer. “Our 2025 goals are a solid foundation that further demonstrate our global sustainability commitment. We are leading our industry with our CSR initiatives and by including specific long-term goals that align with our strategic business priorities, we are living our vision of becoming our customers’ most valued and trusted business partner.”

Themed Delivering A Better Tomorrow, Sysco’s 2025 Responsibility Goals are aligned to three focus areas: People, Products and Planet.  

People 

Sysco will care for people by giving back, doing good and changing lives in our communities; creating a diverse and inclusive work environment; and empowering associates, customers and the next generation to make healthy choices about lifestyles and diet.

Specifically, the company has set the following People goals to achieve by 2025:

  • Charitable Giving
    • Donate a total of 200 million meals in our local communities.
    • Contribute a total of $50 million to our local communities.
  • Diversity and Inclusion
    • Increase total U.S. associate ethnic and gender diversity to 62 percent.
    • Increase spend 25 percent with women and minority-owned suppliers.
  • Health and Well-Being
    • Expand products in our portfolio with health and wellness benefits.
    • Double associate participation in health and wellness programs.

Products

Sysco will supply products responsibly by improving animal welfare in the foodservice industry; minimizing negative environmental, social or ethical impacts when sourcing products; and ensuring that human rights are respected in the company’s operations, as well as the global supply chain.

Specifically, the company has set the following Product goals to achieve by 2025:

  • Animal Welfare
    • Publish Sysco's Animal Welfare Policy and ensure compliance by all Sysco Brand Suppliers
  • Responsible Sourcing
    • Identify and develop responsible sourcing commitments for five key commodities.
  • Human Rights
    • Ensure all high-risk suppliers abide by Sysco's Global Supplier Code of Conduct

Planet

Sysco will protect the planet by advancing sustainable agriculture practices, reducing the company’s carbon footprint and diverting waste from landfills, in order to protect and preserve the environment for future generations.

Specifically, the company has set the following Planet goals to achieve by 2025:

  • Sustainable Agriculture
    • Double the availability of Sysco Brand organic produce.
    • Extend our Sustainable Agriculture program into five fresh crops.
  • Energy
    • Reduce the carbon footprint of our fleet and operations by sourcing 20 percent of electricity from renewable sources and powering 20 percent of fleet vehicles with alternative fuels.
  • Waste
    • Divert 90 percent of operations and food waste from landfills.

For more information on Sysco’s 2025 Responsibility Goals, visit www.Sysco.com/2025Goals.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 67,000 associates, the company operates approximately 330 distribution facilities worldwide and serves more than 600,000 customer locations. For fiscal 2018 that ended June 30, 2018, the company generated sales of more than $58 billion.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoCorporation or Twitter at https://twitter.com/Sysco. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. Investors should also follow us at www.twitter.com/SyscoStock and download the Sysco IR App, available on the iTunes App Store and the Google Play Market. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

Forward-Looking Statements

Certain statements made herein are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They include statements that express management’s expectations or beliefs regarding the future. These statements involve risks and uncertainties and are based on management's current expectations and estimates; actual results may differ materially. For a discussion of the risks, uncertainties and other factors that could cause actual results to differ materially from the forward-looking statements expressed herein, see the company’s Annual Report on Form 10-K for the year ended July 1, 2017, as filed with the SEC, and the company’s subsequent filings with the SEC (available at www.sec.gov). Sysco does not undertake to update its forward-looking statements, except as required by applicable law.

Tweet me:.@Sysco announces 2025 corporate social responsibility goals http://bit.ly/2Ml21qH #CSR

Contact Info:

Camilla Zuckero
Media Contact
+1 (281) 899-1839
Zuckero.camilla@corp.sysco.com

Neil Russell
Investor Contact
+1 (281) 584-1308

KEYWORDS: NYSE:SYY, Sysco Corporation, Delivering A Better Tomorrow, People, planet, products, responsible sourcing, Food Waste


As Cyber Attacks Diversify, Those Leading the Defense Must As Well

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NICE Newsletter Industry Spotlight

SOURCE:Symantec

SUMMARY:

The National Initiative for Cyber Security Education (NICE), led by the National Institute of Standards and Technology (NIST) in the U.S. Department of Commerce, aims to increase the number of skilled cyber security professionals in the United States. The organization achieves this through partnerships with government, academia, and the private sector that energize and promote a robust network and ecosystem of cyber security education, training, and workforce development resources.

This article previously appeared in NICE's summer e-newsletter here.

DESCRIPTION:

by Debra McLaughlinSr Mgr, Corporate Responsibility

The cyber security landscape is constantly changing. Businesses and individuals alike must be able to outmaneuver and defend themselves from ever-evolving threats. Both the people and the technology we rely upon need to mount a defense that maintains that pace and doesn’t become complacent.

For example, Symantec’s annual Internet Security Threat Report (ISTR) reports a 600 percent increase in “Internet of  Things” (IoT)-related attacks, while “the threat landscape has become more diverse, with attackers working harder to discover new avenues of attack and cover their tracks while doing so.” New mobile malware variants increased by 54 percent, and, as the crypto currency market took off, attackers recognized a new opportunity, resulting in an 8,500 percent increase in detections of “coin miners” on endpoint computers.

Adding the dramatic growth in threat types to the well-known shortage of cyber security talent and lack of diversity, means the cyber security workforce is at a crucial juncture. We don’t have enough people, we need to be increasingly vigilant about new and different vectors of threats, and we’ve got to get serious about bringing new talent into the pipeline and helping them get skilled as quickly as possible. To illustrate our diversity issue, women make up only 11 percent of the cyber security workforce[1], and 9 percent are African American[2]. The U.S. Research also shows that a percentage of cyber security positions could be filled by individuals without a college degree[3].

How do we fill our talent pipeline with the diversity the industry requires while helping people enter the field more rapidly? Enter the Symantec Cyber Career Connection (Symantec C3) program. Founded by Symantec in June 2014, the intensive program addresses both the critical shortage of qualified cyber security professionals in the industry as well as the under-employment of young adults (ages 18 to 29), specifically women, people of color, and veterans. The program is intended to fill the industry’s entry-level cyber security employment gap with diverse candidates who are well-trained through an alternative pathway.

Symantec C3 is purposefully designed, applying classroom-based training that prepares students for key certifications, followed by meaningful hands-on internship experience, and support for job placement. Working with leading educational development nonprofits Year UpNPower, and The Stride Center, this unique program addresses four steps of the cyber security workforce pipeline:

  • Excite — Symantec C3 supports nonprofits and educators in raising awareness of the long-term career opportunities of cyber security.
  • Recruit, Train and Certify — Symantec C3 recruits underserved populations into the field of cyber security, and offers industry-recognized training programs implemented through a network of partners.
  • Prepare for Jobs — Symantec C3 places students in cyber security internships for on-the-job preparation and skill development.
  • Launch Careers — Symantec C3 connects program graduates to cyber security positions through Symantec’s network of customers and partners.

Symantec C3 works with leading educational-development nonprofits such as The Stride Center (students pictured here) to address key steps in filling the cyber security talent pipeline.

To date, Symantec C3 has achieved a 79 percent graduation rate, with 65 percent of graduates hired in cyber security positions within six months of graduation. 60 percent of graduates are underrepresented minorities (African American and Hispanic) and 25 percent of graduates are female.

Symantec C3 alumnus Christopher Reynolds began developing expertise in cyber security during his military career. However, while pursuing a post-military shift to the corporate world, he quickly learned his skills were not as transferable as he thought. Christopher turned to Symantec C3 at The Stride Center to build out the skill set and experience he needed. In a recent article, he shared how the program opened his eyes to a new career path and helped him land a job with managed service provider Endsight’s helpdesk team:

“IT is a foreign language and a lot of people are afraid to jump in. The face of IT is changing. It is no longer just for white males who wear pocket protectors; it’s for all of us. African Americans who are interested in technology need to be a part of this community. Get the right education and resources to support you, and knock on the door until it opens. I’m already inside and I’ll be waiting to hold that door open for you.”

Alumna Layla Gardner underestimated her natural technical talents until she discovered the Symantec C3 program:

“I never really envisioned myself as that person who would be a technology professional. My school had honors physics, science, English classes, but no computer science. And my mother wasn’t particularly tech savvy; however, she was very supportive of my interests. I really feel that if you start with something you are interested in and dive in, you can do anything. I never thought I would have ended up where I am, but somehow I grabbed ahold of my passion and it took me somewhere I enjoy.”

Today Layla has a full-time position with a leading financial services company’s software security group, on the team that develops and reviews security code for external and internal company applications.

Symantec continues to evaluate ways to scale the program to reach more students and better prepare them through multi-stakeholder interviews, tracking progress, and establishing additional partnerships to expand the reach of this impactful program.

Additionally, the support of Symantec leadership has been key to continuing the momentum of Symantec C3. Symantec President and COO Mike Fey is an active board member for training partner NPower. Symantec employees also serve as advocates and mentors for the Symantec C3 program. 

Most importantly, the students themselves are ambassadors for others from diverse backgrounds. Christopher Reynolds, who serves on The Stride Center Alumni Council, continually reports on how Alumni of the Symantec C3 program have been role models for friends and peers.

Programs like Symantec C3 show that industry can help bridge the critical gap in cyber security roles today and in the future. If you are interested in supporting the mission of Symantec C3 by hosting interns, hiring graduates, or donating time or resources, email SymantecC3@symantec.com for more information.

[1] Global Information Security Workforce Study: Women in Cyber Security

[2] ISC2: Innovation Through Inclusion: The Multicultural Cyber Security Workforce (2018)

[3] Burning Glass: Job Market Intelligence: Cyber Security Jobs, 2015

Tweet me:As #cyberattacks diversify, so must those who lead the defense http://bit.ly/2MFgr1G @Symantec #cybersecurity #diversity

KEYWORDS: Year Up, NPower, The Stride Center, Symantec

  

M&S, Interface, SABMiller & CISL on SDGs Integration Across Supply Chain – Webinar

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SOURCE:Ethical Corporation

DESCRIPTION:

The increasing push towards the UN Global Goals and 2-degree target requires businesses to integrate the SDGs into all business operations. Supply chain, sustainability and responsible procurement are critical components to ensuring the Global Goals are met. But how do you successfully integrate the SDGs into your operations?

To help you properly activate the SDGs, 4 senior leaders are ready to share their experiences and strategies live. Join Ethical Corporation on Thursday, 16thAugust, at 11am BST for their free online webinar 
https://events.ethicalcorp.com/supplychain/webinar/ with:

  • Munish Datta, Head of Plan A & Facilities Management, Marks & Spencer
  • Jon Khoo, Innovation Partner, Interface
  • Aris Vrettos, Director, Open Programmes and International Markets, Cambridge Institute for Sustainability Leadership
  • Anna Swaithes, Sustainability Adviser/ Former Sustainable Development Director, SABMiller

In this 1-hour webinar, you will learn how innovative businesses are driving supply chain SDG focused strategies.

  • Identify the meaningful SDGs to your business
  • Map against your operations on a local, national and regional level
  • Engage the business and suppliers on the need and opportunities to integrate them across the supply chain functions
  • Measure your impacts against the SDGs
  • Implement an SDG-driven supply chain across your operations to drive business, climate and social impact

Can’t join? Sign up anyway to receive the full post-webinar recordings: https://events.ethicalcorp.com/supplychain/webinar/

Media Contact:
Candy Telani Anton
Head of Europe | Ethical Corporation
0207 375 7162

Read Announcement

Tweet me:Join @ethical_corp for their free #webinar on August 16 to learn how innovative businesses are driving #SDG focused strategies http://bit.ly/2vZaNAq via @ReportAlert

KEYWORDS: Ethical Corporation, ReportAlert, webinar

NO MAN IS AN ISLAND: Lending a Hand to Puerto Rico

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SOURCE:Northern Trust

DESCRIPTION:

In the wake of Hurricane Maria, which hit Puerto Rico in September 2017 and left a majority of the island without power, homes and roads destroyed, and water contaminated, Northern Trust’s Latin Heritage Leadership Council (LHLC) partnered with other Chicago-area firms to provide help.

Led by the LHLC, employees collected supplies such as dry and canned foods, baby formula, diapers, first-aid kits, towels and blankets, laundry detergent and pet food. They also raised money and purchased nearly 14,000 bottles of water to send to the island.

“The response was overwhelming. While I know there is still much needed in Puerto Rico, it felt great to know that we, as an organization, provided help,” said Luis Amaya, president of LHLC and manager of Commingled Investment Trust product management for Northern Trust Asset Management.

Read the entire 2017 CSR Report here 

Tweet me:NO MAN IS AN ISLAND: Lending a Hand to Puerto Rico http://bit.ly/2LHv2t0 @NTCSR Northern Trust’s Latin Heritage Leadership Council (LHLC) partnered with other Chicago-area firms to provide help #CSR

KEYWORDS: Puerto Rico, Northern Trust, csr, Northern Trust’s Latin Heritage Leadership Council, Chicago

Leveraging the Human Factor to Manage Extreme Weather Events

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SOURCE:Bechtel

DESCRIPTION:

As part of Bechtel’s commitment to contribute 100 ideas to support the United Nation’s 2030 Sustainable Development Goals (SDGs), we share insights on leveraging the “human factor” to improve resilience from extreme weather events. These insights are based on a joint IBM-Bechtel field project Puerto Rico.

SDG 11: Make cities and human settlements inclusive, safe, resilient and sustainable.

SDG Target 11.b: By 2020, substantially increase the number of cities and human settlements adopting and implementing integrated policies and plans towards inclusion, resource efficiency, mitigation and adaptation to climate change, resilience to disasters, and develop and implement, in line with the Sendai Framework for Disaster Risk Reduction 2015-2030, holistic disaster risk management at all levels.

With the 2018 hurricane season underway, Bechtel and IBM have partnered up to share lessons learned from last year’s devastating Category 5 storm in Puerto Rico and mapping their work to the United Nations Sustainable Development Goals. The two corporations’ commitment to improving long-term recovery from natural disasters led to the Disaster Resiliency Webinar, hosted by 3BL Media.

The hour-long webinar took place Wednesday, July 11, 2018, and provided an overview of corporate responsibility and sustainability strategies at Bechtel and IBM, discussed the IBM grant used in Puerto Rico, offered perspectives on efforts to grow resiliency in education systems, and shared benefits of cross-industry collaboration between the two organizations.

Bechtel’s Bruce A. Colvin, Ph.D. was one of the webinar’s presenters and focused on his supplemental recommendations for Puerto Rico’s emergency preparedness plan. His key recommendation for the community is to rely on the human factor of the plan first; meaning utilize local authority figures to establish organizational structure, specifically for both a proactive and reactive approach to the storm. Additionally, Dr. Colvin discussed the need for a holistic management system approach to resiliency and emergency management, rather than a piecemeal approach. Each region within the island should have its own plan with a clear schedule and roles and responsibilities identified for a streamlined recovery.

In addition to Dr. Colvin, the webinar also includes, Rebecca E. Curzon, Senior Program Manager, Global Citizenship Initiatives, IBM Corporate Citizenship; and Dr. Julia Keleher, Secretary of the Puerto Rico Department of Education. Dave Armon, CMO of 3BL Media, moderated the webcast.

Click here to watch the complete webinar.

To learn more about Bechtel, visit the #build100 blog and sign up for our newsletter here.

Tweet me:See what a partnership between @Bechtel and @IBM taught them both about leveraging the human factor to manage extreme weather events http://bit.ly/2BaTVg6 #SDGs #CaseStudy #SDG7 #Build100

KEYWORDS: Bechtel, IBM, extreme weather

Shedding an Outmoded Paper Trail in Serbia

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The pursuit of e-Governance in Belgrade receives a pro bono assist from IBM

SOURCE:PYXERA Global

DESCRIPTION:

Let’s time-travel to Serbia, circa 1999: it was a time before smartphones or Wi-Fi. The largest hard disk available had a 340MB capacity and cost USD$499. Meanwhile, the volume of printed paper generated for record-keeping and the demands of the modern age was reaching new heights with each passing day.

Today, every consumer product we desire is ’one click away.’ The dizzying pace of innovation in the Information Technology (IT) industry, now the fastest growing sector, affects the global community in countless ways with each new milestone. Hard disks that sell for USD$499 in 2018 have 12TB of capacity (one terabyte is equal to 1,000 gigabytes), and the largest data centers in the world store as much as 100PB (one petabyte is equal to 1 million gigabytes).

Given the vast technological progress experienced since 1999, it is astounding to think that in the Republic of Serbia, the laws regulating data storage for businesses have not changed for the last 20 years. This of course means that no framework for e-Government or the use of electronic documents is in place, putting a tremendous burden on Serbian society.

Continue reading on PYXERAGlobal.org.

Tweet me:The law on e-Government in Serbia came into effect in April 2018, thanks in large part to the National Alliance for Local Economic Development, and pro bono support from IBM Corporate Service Corps. Read the whole story: https://bit.ly/2LPg841 @citizenIBM #GEFlive #CSR

KEYWORDS: global pro bono, IBM, Serbia, PYXERA Global, E-government, electronic documents, data storage

Gildan Releases 2017 Genuine Responsibility™ Report and New CSR Website

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SOURCE:Gildan Activewear

DESCRIPTION:

August 14, 2018 /3BL Media/ - Gildan Activewear Inc. (GIL; TSX and NYSE) announces the release of its Genuine Responsibility™ 2017 report now available on its new dedicated CSR website www.genuineresponsibility.com. This year’s report, once again prepared in accordance with the GRI Standards: Comprehensive option, highlights the Company’s 2017 results, key priorities and future commitments toward its vision of Making Apparel Better™.

“We are pleased to share the social and environmental results from our operations in 2017,” said Claudia Sandoval, Vice-President, Corporate Citizenship. “This year we have reset our strategic priorities, based upon an extensive materiality assessment performed with our stakeholders. We have also anchored our focus to specific United Nations’ Sustainable Development Goals as part of a larger collective vision for affecting change in the protection of our planet and the well-being of its inhabitants. As a Company, we understand that our continued growth and success demands that we proactively implement sustainable solutions throughout our operations and honour our commitments to caring for our people, conserving the environment and creating stronger communities.”

Caring for our People

Gildan’s commitment to its 50,000 employees worldwide goes well beyond offering fair wages, to creating sustainable programs that create positive impacts for its employees, their families and the communities where it operates. Aside from delivering more than 2 million of training and development hours last year, the Company provided over 181,000 free medical consultations, U.S. $4.8M towards free transportation and U.S. $15.8M in subsidized meals for employees. 

As diversity and inclusion is an important pillar for the Company, Gildan has pursued a variety of initiatives designed to provide development opportunities to women, including the Women’s Empowerment Program in collaboration with World Vision Honduras, the Women’s Leadership Series and other initiatives. The Company hopes to inspire, engage and support women in developing their leadership skills in both their professional and personal lives. Today, over 42% of Gildan’s management positions are filled by women.

Conserving the Environment

In 2017, Gildan successfully reduced its water intensity per kg of production by 10% through continued investments in new technologies and innovation. Recognizing the value of this important resource, Gildan is piloting several research projects to reduce its water extraction loads by reintegrating recovered water back into its processes.

Gildan’s impacts on climate change are largely driven by energy consumption in its operations. Biomass steam generation operations have allowed the Company to generate 43% of all used energy from renewable sources in 2017. The Company made further investments into technologies, such as absorption chillers, which harness thermal energy from steam to create cool air for the Company’s air conditioning systems in several facilities, significantly reducing energy demands and corresponding GHG emissions.

Creating Strong Communities

Gildan is committed to generating positive economic impacts in the regions that go beyond the scope of its operations. In 2017, the Company purchased U.S. $150M from local suppliers and prioritized hiring of local talent. As a result, 83% of all management positions in its operations are held by local employees.

Gildan also invests in developing infrastructure in its communities to support health and education. In Honduras, the Company contributed U.S. $518,000 towards the refurbishment of the newborn unit at the Mario C. Rivas Hospital in San Pedro Sula, Honduras. This new facility will provide care and services to more than 3,000 infants, annually, addressing both acute and chronic illnesses.

Through its American Apparel® Pencils of Promise campaign, the Company contributed more than U.S. $200,000 to help raise awareness and support for child literacy, building new schools, improving infrastructure and providing support to teachers in Guatemala and Ghana. 

In further support of youth education in developing countries, the Company donated U.S. $75,000 to Room to Read® to implement a Girls’ Education Program in Bangladesh, and established a library and literacy program at a school in Dhaka.

Once again last year, the Company was recognized for its ongoing commitment to operate responsibly through its inclusion on the Dow Jones Sustainability World Index (DJSI World Index) for the fifth consecutive year.  It remains the only North American company in the Textiles, Apparel and Luxury Goods industry group listed in the World Index.

About Gildan
Gildan is a leading manufacturer of everyday basic apparel which markets its products in North America, Europe, Asia-Pacific, and Latin America, under a diversified portfolio of Company-owned brands, including Gildan®, American Apparel®, Comfort Colors®, Gildan® Hammer™, Gold Toe®, Anvil®, Alstyle®, Secret®, Silks®, Kushyfoot®, Secret Silky®, Therapy Plus™, Peds® and MediPeds®, and under the Under Armour® brand through a sock licensing agreement providing exclusive distribution rights in the United States and Canada. Our product offering includes activewear, underwear, socks, hosiery, and legwear products sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms. In addition, we sell directly to consumers through our own direct-to-consumer platforms.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean Basin, North America, and Bangladesh. With over 50,000 employees worldwide Gildan operates with a strong commitment to industry-leading labour and environmental practices throughout its supply chain in accordance with its comprehensive Genuine Responsibility™ program embedded in the Company's long-term business strategy. More information about the Company and its corporate citizenship practices and initiatives can be found at www.gildancorp.com and www.genuineresponsibility.com, respectively.

Tweet me:.@GildanCorp's Genuine Responsibility 2017 report now available on a new dedicated website! Visit www.genuineresponsibility.com to learn more about their commitment towards caring for our people, conserving the environment and creating stronger communities. #GenuineResponsibility

KEYWORDS: NYSE:GIL, Gildan Activewear, csr, GRI Standards

VMware Citizen Philanthropists Organize Bangalore E-Waste Drive

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SOURCE:VMware

DESCRIPTION:

On July 21, 150 citizen philanthropists at VMware Bangalore designed a custom service learning project: door-to-door e-waste collection. In the weeks leading up to the drive, volunteers worked with local radio and newspaper, businesses, and social media influencers to promote the drive, and partnered with local nonprofits, Saahas and Ensyde, to facilitate recycling. On the big day, the group divided into 12 teams to collect e-waste from the Koramangala neighborhood.

In just 80 minutes, the teams collected 421kg of e-waste (which translates into 121kg of GHGs) in addition to 2.5kg of Toxic Metals (Lead and Mercury), 3.83kg of Copper, 1.77kg of Aluminium and 23.65kg of Steel - all recycled or diverted.

Since the initial drive, sustainably-minded residents from across the state of Karnataka have written for advice on starting their own e-waste drives! Many thanks to our citizen philanthropists for expertly identifying and orchestrating an opportunity to engage, educate and inspire the community they work in. 

Tweet me:.@VMware #volunteers organize #ewaste collection drive in Bangalore http://bit.ly/2Bj90wi #sustainability #recycling

KEYWORDS: ewaste, VMware, bangalore, India


African Food Businesses Get Nurturing from Well-Known Giants

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By Fred de Sam Lazaro

SOURCE:General Mills

DESCRIPTION:

Volunteers from some of the world’s biggest food producers, who decades ago took food-making from kitchen to the factory, are offering guidance to African entrepreneurs and helping nations become less dependent on imported food. Special correspondent Fred de Sam Lazaro reports from Kenya.

Click here for the full story

About General Mills

General Mills is a leading global food company that serves the world by making food people love. Its brands include CheeriosAnnie'sYoplaitNature ValleyFiber OneHäagen-DazsBetty CrockerPillsburyOld El PasoWanchai FerryYoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2017 consolidated net sales of US $15.6 billion, as well as another US $1.0 billion from its proportionate share of joint-venture net sales.

Tweet me:.@GeneralMills and @PFSCommunity are offering guidance to African entrepreneurs and helping nations become less dependent on imported food http://bit.ly/2PagSTI via @NewsHour

KEYWORDS: NYSE:GIS, General Mills, Partners in Food Solutions, PBS NewsHour

Saving Energy, Reducing Carbon Emissions

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SOURCE:Eastman Chemical Company

DESCRIPTION:

Earning the right to operate is a responsibility Eastman takes very seriously. We understand that even the smallest action can have a lasting effect. Therefore, managing resources responsibly and preserving the ecosystem are top priorities.

The Eastman Equation: Challenge + Partner + Eastman = Impact

CHALLENGE:
How do you increase the energy efficiency in operations while improving the reliability of the steam produced, maximizing turndown and properly controlling steam pressure while maximizing steam generated?
 
PARTNER:
Eastman worked through Energia Group’s Power Systems Manufacturing to identify new burner technology that would fit the turndown, operating and environmental demands of its cogeneration plant in Longview, Texas. After the new technology was identified (PSM/Ansaldo’s FlameSheet™ Combustion System) and proven, a project was initiated to install the new burners.
 
EASTMAN:
From conception to implementation, Eastman experts were able to determine the amount of steam production that could be moved to the cogeneration plant while keeping the olefin cracking plant boilers at or above minimum rates. Controls were installed to maintain the steam header pressure and maximize cogeneration steam production leading to maximum energy efficiencies and reductions in CO2 .
 
IMPACT:
The installation of this new burner technology was the first in the industry. The increased turndown has changed how the site generates steam and how the cogeneration facility generates electricity. 156,000 MMBtu were saved in 2016, a 9% energy savings per Klb of steam produced. In addition, the project yielded an annualized net CO2 emissions reduction of 9,130 tons leading to accolades from both the American Chemistry Council and the Department of Energy in 2017.
 
“Eastman has a long history of implementing energy efficiency projects. As technical gains have been achieved, the company has recognized that more innovative and often collaborative techniques are required to change the trajectory. We are continually broadening our efforts to include collaborations that fully engage our employees and our partners to achieve greater results. We are proud of our accomplishments to date and will continue to adapt as the world’s demands change.” — Sharon Nolen, Manager, Global Natural Resources Management
 
Earlier this year, Eastman received the 2018 ENERGY STAR® Partner of the Year Sustained Excellence Award for continually advancing leadership in energy management throughout the company and associated communities. This marks Eastman’s seventh ENERGY STAR Partner of the Year Award and fifth Sustained Excellence recognition.
 
Learn more in Eastman's 2018 Sustainability Report, Changing the trajectory

Tweet me:.@eastmanchemco understands that even the smallest action can have a lasting effect. Therefore, the company is focused on innovative solutions for managing its resources responsibly. Check out this example from Eastman's 2018 sustainability report. http://bit.ly/2npjsIK

KEYWORDS: Energy Star, Eastman, energia group, NYSE:EMN

 

How Sappi's $165M Investment Will Reshape its Business

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Investment at Somerset, ME Mill nears completion

SOURCE:Sappi North America

SUMMARY:

“By investing in our business to pursue growing areas of demand, we can remain profi table and competitive in the global marketplace.”

Steve Binnie, CEO of Sappi Limited

DESCRIPTION:

In February 2017, Sappi announced the approval of a $165 million capital project that will expand Sappi North America’s manufacturing capabilities and flexibility to include a variety of consumer packaging products.

The project, slated to come online in 2018, will take place at the Somerset Mill in Skowhegan, Maine. A rebuild on Paper Machine 1 will allow for the production of both coated and packaging grades and will increase the Somerset Mill’s paper and paper-based packaging capacity to approximately 1 million metric tons annually— an incremental 180,000 metric tons.

“Somerset’s existing world-class infrastructure together with its talented workforce and access to high-quality fi ber makes the mill an excellent and obvious choice for this investment,” said Mark Gardner, President and CEO of Sappi North America.

This investment is part of the transformation outlined in the company’s 2020Vision. With the Paper Machine 1 rebuild, as well as the projected organic growth in current packaging grades, Sappi North America is on a path to exceed the 2020Vision goal of packaging and specialties representing 25 percent of EBITDA.

“This move complements our long-term 2020Vision strategy, which seeks opportunities to substantially increase our group EBITDA,” said Steve Binnie, CEO of Sappi Limited. “By investing in our business to pursue growing areas of demand, we can remain profi table and competitive in the global marketplace.”

Coated graphic papers have long been the core of Sappi’s business, and the company’s investments have helped grow market share in this increasingly competitive segment.

With the new capabilities on Paper Machine 1, Sappi will be establishing a strong platform for growth in paper-based packaging, while maintaining its leadership position in the graphic paper market.

Read more from Sappi North America's 2017 Sustainability Report here: http://bit.ly/Sappi-SR17

Tweet me:Last year, @SappiNA announced a $165M investment in its #Somerset Mill. Learn more about how this will shape its business: http://bit.ly/Sappi-SR17

KEYWORDS: Sappi, capital investment, paper, Packaging, Graphic Papers, maine, JSE:SAP

Big Impact in Bio: Building Communities

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SOURCE:Amgen Foundation

DESCRIPTION:

In this video, Amgen Scholars alumni tell their #BigImpactinBio stories, focusing on the importance of community building in science. Rachel Lucero (ASP 2014, University of California, San Diego) is a STEM teacher at the Dunbar School in Washington, D.C.; Marta Andrés Terré, Ph.D. (ASP 2010, Karolinska Institutet) is a scientist at the Bain & Company; Joshua Yang (ASP 2013, University of California, San Diego) is co-founder of Helispot and an M.D./Ph.D. student at Johns Hopkins University; and Stylianos Serghiou, M.D. (ASP 2010, University of Cambridge) is a Ph.D student at Stanford University.

Since 2006, the Amgen Scholars Program has provided hands-on research opportunities under world-renowned faculty mentors to over 3,500 undergraduate students. Ninety-four percent of the program’s alumni who have completed their bachelor's degree are currently pursuing an advanced degree or career in a scientific field.

For more information about Amgen Scholars, visit www.AmgenScholars.com.

Filmed by: Andrew James Benson

Produced by: Lisa M.P. Munoz, SciComm Services, Inc.

Music: The Back Roads (Instrumental) by Great Basin

Filmed on location at: The Dunbar School (Washington, D.C.), Stanford University, Fast Forward (Baltimore, MD)

Tweet me:#AmgenScholars alumni tell their #BigImpactinBio stories, focusing on the importance of community building in science.http://bit.ly/2w6hwsz @AmgenFoundation

KEYWORDS: Amgen, Amgen Foundation, Amgen Scholars, Amgen Scholars Program, STEM, STEM Education, science education, University of California San Diego, Dunbar School, Karolinska Institutet, Bain & Company, Helispot, Johns Hopkins University, University of Cambridge, Stanford University, AMGN:AMGN

SROI Accreditation Training for Practitioners

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SOURCE:SiMPACT Strategy Group

DESCRIPTION:

This fall register for SROI Accreditation training in Toronto (October 16-17, 2018) and Calgary (November 6-7, 2018). 

Day 1 is a practical, step-by-step introduction to the SROI process by learning how to develop an impact map and explore real-life examples.

Day 2 is a how-to guide on SROI assessment and reporting excellence.

To learn more and to register, please contact Mary at mary@simpactsg.com.

To learn more about available training courses and coaching, please visit: https://lnkd.in/gSkajKM

To learn more about Social Return on Investment, please visit: https://lnkd.in/gKYQjAz

Tweet me:This fall register for #SROI #Accreditation training in #yyc and #yyz! Participants will learn how to do a #SROI analysis, and explore reporting and assurance best practices. @SocialValueCDA http://bit.ly/2OyRBBi

KEYWORDS: Social Return on Investment, SROI Training, Accreditation Training, Social Value Canada, Simpact strategy group, conferences

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