Month: July 2023

LAUSANNE, Switzerland and NEWARK, Calif., July 14, 2023 /3BL/ – Logitech International (SIX: LOGN) (Nasdaq: LOGI) announced that it has been awarded the coveted Red Dot Design Team of the Year 2023 award. Each year, Red Dot recognizes a team that has been consistently innovative with outstanding achievements in the area of product design and sustainable design policy. Members of Logitech’s design team accepted the award onstage last night at the prestigious Red Dot Gala in the Red Dot Museum in Essen, Germany. In addition to the award ceremony, a Logitech Design exhibition showcasing Logitech products and its history of design will run at the museum through mid-August.

In 2013, Alastair Curtis joined the company to transform Logitech into a design company. Since then, some of the best design talent from around the world have joined Logitech and have designed incredible Logitech experiences across the company’s diverse portfolio. Logitech’s primary focus was to design with the consumer in mind and designing with purpose, to help all people pursue their passions; and to do it in a way that is good for the planet. This work took on many forms, from reinventing the traditional mice and keyboards to pioneering materials research and introducing recyclable plastics across Logitech, with 1:3 products now incorporating recycled materials.

“We are incredibly grateful to Red Dot for selecting us as this year’s recipient for one of the highest honors in the design industry,” said Alastair Curtis, chief design officer at Logitech. “Our journey over the past 10 years has been an incredible one, going from no design team to a multiple award-winning one. This last year for us has been exceptional in being recognized for our work and I believe everyone at this company has contributed to that. Our goal has always been to create a great user experience for people all over the world and we will continue our commitment to build and design products with a focus on sustainability and accessibility for all.”

The Red Dot Design Team of the Year recognition concludes a record year of design awards for Logitech. In fiscal year 2023 the company was honored with 116 awards across a number of categories including gaming, music, video and computing, with 42 of these being in the fourth quarter alone. Logitech was recognized by top design award organizations including International Design Excellence Awards (IDEA), Fast Company’s Innovation by Design, Good Design, International Design Awards (IDA) and iF Design Awards.

About Logitech

Logitech helps all people pursue their passions and is committed to doing so in a way that is good for people and the planet. We design hardware and software solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. Brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones and Ultimate Ears.

Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog or @logitech.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com

Editorial Contacts:
Smita Rode, Corporate Communications – USA, srode@logitech.com
Ben Starkie, Corporate Communications – Europe, bstarkie1@logitech.com

Source: Logitech International

July 14, 2023, /3BL/ – The Green Climate Fund (GCF) has announced $66 million in funding to support the Government of Pakistan’s efforts to reduce the twin climate impacts of flooding and drought and improve resilience in some of the country’s most vulnerable communities. Titled “Recharge Pakistan: Building Pakistan’s Resilience to Climate Change through Ecosystem-Based Adaptation for Integrated Flood Risk Management,” the initiative is the largest investment at the national level to-date in an ecosystem-based approach to flood and water resources management.

The new 7-year project brings together a broad set of funders to help reduce the vulnerability of people and ecosystems in Pakistan to the impacts of climate change following the devastating floods of the past year—which submerged one-third of the country and displaced millions. In addition to the GCF funding, the project is supported through a further $12 million investment and technical support from, collectively, The Coca-Cola Foundation, The U.S. Agency for International Development (USAID), and WWF-Pakistan.

The project represents a deep commitment to addressing climate impacts in vulnerable communities and will transform the country’s approach to flood and water resource management in local watershed sites in the Indus Basin river system. Further, by taking a nature-based approach to the problem, it will create benefits to communities beyond climate resilience.

“Recent years have brought an unprecedented series of climate disasters that touched every corner of the globe. The 2022 floods in Pakistan were among the most searing and severe. Our hearts go out to all who lost friends and loved ones,” said Carter Roberts, President and CEO of WWF-US. “The funding announced by the GCF alongside the commitments from The Coca-Cola Foundation and USAID marks a decisive step towards addressing the challenges faced by communities experiencing climate impacts first and worst. And while no intervention can fully protect against future climate disasters, the nature-based solutions funded through this investment will help local communities in Pakistan restore what was lost and build resilience to help withstand our shared climate future. WWF thanks the Government of Pakistan and looks forward to working with them and partners to implement this important initiative.”

Recharge Pakistan is a collaboration among: Pakistan’s Ministry of Climate Change (MoCC); the Federal Flood Commission (FFC) under the Ministry of Water Resources; local communities in DI Khan, the Ramak Watershed, and Manchar Lake; GCF; USAID; The Coca-Cola Foundation; and World Wildlife Fund (WWF). The program encompasses three vital components: demonstrating the effectiveness of ecosystem-based adaptation and green infrastructure, promoting its adoption via an improved enabling environment, and enhancing community resilience in Pakistan’s Indus Basin. This will be achieved through:

Restoration and reforestation of 14,215 hectares of forests and wetlandsRehabilitation 34 km of water flow paths and channelsDevelopment of 127 recharge basins and retention areasStrengthening the climate resilience of 7 local businesses in the agriculture and forests sectors

Together, project interventions will directly benefit more than 680,000 people and indirectly benefit more than 7 million people. 

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WWF is one of the world’s leading conservation organizations, working in nearly 100 countries for over half a century to help people and nature thrive. With the support of more than 5 million members worldwide, WWF is dedicated to delivering science-based solutions to preserve the diversity and abundance of life on Earth, halt the degradation of the environment and combat the climate crisis. Visit http://www.worldwildlife.org to learn more and keep up with the latest conservation news by following @WWFNews on Twitter and signing up for our newsletter and news alerts here.

MEDIA CONTACT

Chris Conner, christopher.conner@wwfus.org