PORTLAND, Ore., September 8, 2023 /3BL/ — KeyBank has awarded a $35,000 grant to Project Lemonade’s L+EARN internship program, which provides foster youth with career and financial coaching, ongoing mentorship and connections to future job opportunities.

The challenge of employment and financial stability impacts foster youth’s ability to feel safe, stable, and secure. To help them beat the odds, Project Lemonade has employed more than 75 foster youth through the L+EARN Internship Program since 2016. The program has shown an impressive 91% success rate in motivating participants to continue with education or employment after completion.

“This program presents a vital channel to give foster youth a foundation to help them build long-term stability,” said Josh Lyons, KeyBank’s Market President for Oregon and S.W. Washington and Commercial Banking leader. “We at KeyBank know that a secure job is the gateway to a solid financial future and are delighted to support Project Lemonade’s efforts to help these vulnerable youth realize their full potential, which in turn builds stronger communities for us all.”

One recent success story involves Farid, who lost both of his parents at the age of 16. He traveled from his native home in Ghana alone, by boat and on foot, to the United States where he was put in immigrant detention before being placed in the foster care system. Farid connected with Project Lemonade through his case worker, began an internship and with Project Lemonade’s help, he was hired by Royal Sonesta Hotel, where he has worked for the past five years. Farid shared, “To me, Project Lemonade is like family. They helped me get this job, and whenever I have needed something they have been there for me.”

“Many teens and young adults who have been in foster care lack parental support and folks who can make connections that so often support hiring and employment,” said Rebecca Gundle, Project Lemonade’s Internship Program Manager. “At Project Lemonade we’re providing paid job training to help youth build their resumes and we also help youth make vital workplace connections, leading to long-term employment and financial stability.”

The 2023 L+EARN Internship program is generously supported by the Department of Human Services, KeyBank, SummerWorks and Bank of America.

About Project Lemonade
Due to childhood trauma, poverty and instability, youth in foster care are among the most under-resourced in our nation. From kindergarten to college— Project Lemonade provides the resources, opportunities and connections youth in foster care need to succeed. Since 2012, Project Lemonade has served over 20,000 youth in foster care throughout Oregon and SW Washington. Their five programs build youth self-esteem, fill basic needs and provide consistent adult support and mentorship. Project Lemonade is able to grow and deepen its impact for foster youth through community partners and funders like KeyBank. To get involved and learn more, visit https://www.projectlemonadepdx.org. Project Lemonade is a registered 501(c)3 non-profit organization, Tax ID 46-1675159.

About KeyBank
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $195 billion at June 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

PORTLAND, Ore., September 8, 2023 /3BL/ — KeyBank has awarded a $35,000 grant to Project Lemonade’s L+EARN internship program, which provides foster youth with career and financial coaching, ongoing mentorship and connections to future job opportunities.

The challenge of employment and financial stability impacts foster youth’s ability to feel safe, stable, and secure. To help them beat the odds, Project Lemonade has employed more than 75 foster youth through the L+EARN Internship Program since 2016. The program has shown an impressive 91% success rate in motivating participants to continue with education or employment after completion.

“This program presents a vital channel to give foster youth a foundation to help them build long-term stability,” said Josh Lyons, KeyBank’s Market President for Oregon and S.W. Washington and Commercial Banking leader. “We at KeyBank know that a secure job is the gateway to a solid financial future and are delighted to support Project Lemonade’s efforts to help these vulnerable youth realize their full potential, which in turn builds stronger communities for us all.”

One recent success story involves Farid, who lost both of his parents at the age of 16. He traveled from his native home in Ghana alone, by boat and on foot, to the United States where he was put in immigrant detention before being placed in the foster care system. Farid connected with Project Lemonade through his case worker, began an internship and with Project Lemonade’s help, he was hired by Royal Sonesta Hotel, where he has worked for the past five years. Farid shared, “To me, Project Lemonade is like family. They helped me get this job, and whenever I have needed something they have been there for me.”

“Many teens and young adults who have been in foster care lack parental support and folks who can make connections that so often support hiring and employment,” said Rebecca Gundle, Project Lemonade’s Internship Program Manager. “At Project Lemonade we’re providing paid job training to help youth build their resumes and we also help youth make vital workplace connections, leading to long-term employment and financial stability.”

The 2023 L+EARN Internship program is generously supported by the Department of Human Services, KeyBank, SummerWorks and Bank of America.

About Project Lemonade
Due to childhood trauma, poverty and instability, youth in foster care are among the most under-resourced in our nation. From kindergarten to college— Project Lemonade provides the resources, opportunities and connections youth in foster care need to succeed. Since 2012, Project Lemonade has served over 20,000 youth in foster care throughout Oregon and SW Washington. Their five programs build youth self-esteem, fill basic needs and provide consistent adult support and mentorship. Project Lemonade is able to grow and deepen its impact for foster youth through community partners and funders like KeyBank. To get involved and learn more, visit https://www.projectlemonadepdx.org. Project Lemonade is a registered 501(c)3 non-profit organization, Tax ID 46-1675159.

About KeyBank
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $195 billion at June 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

More than half of online shoppers use digital marketplaces dedicated to sustainable products, especially from Asian emerging marketsOne third of the respondents desire an app to get informed of sustainable lifestyles

HANGZHOU, China, September 8, 2023 /3BL/ – More than two-third (71%) of consumers think technology and digitalization are key to enabling them to live a more sustainable lifestyle, while over a third (33%) desire apps to provide clearer information on how to live sustainably across various aspects of life, according to an independent research report commissioned by Alibaba Group.

The research titled “The Sustainability Trends Report 2023” polled more than 14,000 consumers from 14 markets across Asia, Europe and the Middle East. More than seven in ten surveyed consumers (71%) regard digitalization as a key enabler to adopt sustainable lifestyles with top believers from emerging Asian markets, including Indonesia (90%), Philippines (87%) and Thailand (85%).

It also finds that around two in three consumers (63%) are already engaging with digital services that help them make more sustainable choices. Engagement level is higher in Asian markets (72%) compared to Europe (44%), with the top three from Indonesia (86%), Thailand (83%) and Malaysia (82%).

“Digital technology is a valuable tool for individuals and organizations to engage in actionable sustainability. By providing more information to consumers and boosting consumer engagement with greener lifestyle choices, companies can help drive consumers to embrace sustainability,” said Liu Wei, Alibaba Group ESG Strategy Lead.

“Alibaba Group has vowed to slash 1.5 gigatons of carbon emissions across its digital ecosystem by 2035. To achieve this ambitious goal, it has joined forces with its customers and ecosystem partners to harness the power of digital technology and thus enables sustainable digital lifestyles,” he added.

Over half of the online shoppers use a digital marketplace dedicated to sustainable products, especially with consumers from Asian emerging markets 

There’s an opportunity for businesses to encourage consumers to become more sustainable when shopping online by tackling the major barriers. Nearly half (48%) of the respondents cite lack of information on how products are sustainable as the major factor that prevents them from being more sustainable when shopping online, while 27% say it’s due to the time involved in researching sustainable products.

To cut down the research time, over half (57%) of online shoppers say they would use a digital marketplace dedicated to sustainable products, especially with consumers from Asian emerging markets (71%); with the Philippines (76%), Indonesia (73%) and Thailand (70%) leading the trend.

Among those who shop online, more than half (53%) say they prioritize buying sustainable products, especially among those who live in emerging Asian markets, including Thailand (84%), Indonesia (73%) and the Philippines (69%).

Consumers have mixed views when it comes to online shopping. Close to half (49%) of surveyed consumers consider online shopping to be more sustainable, with the highest proportion in the UAE (73%), Indonesia (69%) and Malaysia (66%). But this opinion is more split in Europe, with only 31% in the UK, 28% in Germany and 22% in France echoing the sentiment.

However, the environmental impact of online shopping is not a key influence when purchasing goods or services. Price (74%), product quality (64%), and quick delivery times (28%) are cited as the biggest influence when purchasing products or services online, with only 21% say environmental impact is the biggest influence.

A third of consumers want apps that provide information on how they can live more sustainably 

A third (33%) of consumers say they want apps that provide clear information on how they can live a more sustainable lifestyle, with the highest proportion in the Philippines (50%), Indonesia (46%) and the UAE (44%).

Close to half (47%) say they want digital services that would encourage consumers to use sustainable transport more often, for example, through apps that help determine and book available transport options.

More than two in five (42%) say they want a navigation app that shows more sustainable options, while 40% say they want apps to include helpful tips for fuel saving driving style, and 28% say there’s a need for convenient car-pooling options.

Alibaba’s navigation platform Amap provides low-carbon travel options, including walking, cycling and taking public transport such as bus and subways for users. As of March 31, 2023, it has covered 16 cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Chengdu, and Chongqing, driving more than 30 million users to practice low-carbon travel.

In FY2023, emissions reduced by low-carbon travel reached 0.215 million metric tons of carbon dioxide equivalent, according to Alibaba Group’s latest Environmental, Social and Governance Report.

About the Survey

“The Sustainability Trends Report 2023” was conducted by Yonder Consulting, a UK-based consulting firm, with advisory and analysis support by Hong Kong-based sustainability consultancy, The Purpose Business, between January 26 to February 14, 2023, based on feedback from 14,125 consumers to an online survey.

Respondents of the survey are located in fourteen markets across Asia, Europe and the Middle East including: Germany, France, Italy, Spain, U.K., Indonesia, Malaysia, Philippines, Thailand, South Korea, Hong Kong SAR, Japan, Singapore and the UAE.

Asian developed markets referred in this research include Hong Kong SAR, Japan, Singapore and South Korea, while Asian emerging markets refer to Indonesia, Malaysia, Philippines and Thailand.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.

Media Contacts

Morgan Lin

Alibaba Group

+852 6933 0425

morgan.lin@alibaba-inc.com

Ivy Ke

Alibaba Group

+852 5590 9949

ivy.ke@alibaba-inc.com

Please refer to https://www.alizila.com/esg/ for additional information about Alibaba’s sustainability efforts.

More than half of online shoppers use digital marketplaces dedicated to sustainable products, especially from Asian emerging marketsOne third of the respondents desire an app to get informed of sustainable lifestyles

HANGZHOU, China, September 8, 2023 /3BL/ – More than two-third (71%) of consumers think technology and digitalization are key to enabling them to live a more sustainable lifestyle, while over a third (33%) desire apps to provide clearer information on how to live sustainably across various aspects of life, according to an independent research report commissioned by Alibaba Group.

The research titled “The Sustainability Trends Report 2023” polled more than 14,000 consumers from 14 markets across Asia, Europe and the Middle East. More than seven in ten surveyed consumers (71%) regard digitalization as a key enabler to adopt sustainable lifestyles with top believers from emerging Asian markets, including Indonesia (90%), Philippines (87%) and Thailand (85%).

It also finds that around two in three consumers (63%) are already engaging with digital services that help them make more sustainable choices. Engagement level is higher in Asian markets (72%) compared to Europe (44%), with the top three from Indonesia (86%), Thailand (83%) and Malaysia (82%).

“Digital technology is a valuable tool for individuals and organizations to engage in actionable sustainability. By providing more information to consumers and boosting consumer engagement with greener lifestyle choices, companies can help drive consumers to embrace sustainability,” said Liu Wei, Alibaba Group ESG Strategy Lead.

“Alibaba Group has vowed to slash 1.5 gigatons of carbon emissions across its digital ecosystem by 2035. To achieve this ambitious goal, it has joined forces with its customers and ecosystem partners to harness the power of digital technology and thus enables sustainable digital lifestyles,” he added.

Over half of the online shoppers use a digital marketplace dedicated to sustainable products, especially with consumers from Asian emerging markets 

There’s an opportunity for businesses to encourage consumers to become more sustainable when shopping online by tackling the major barriers. Nearly half (48%) of the respondents cite lack of information on how products are sustainable as the major factor that prevents them from being more sustainable when shopping online, while 27% say it’s due to the time involved in researching sustainable products.

To cut down the research time, over half (57%) of online shoppers say they would use a digital marketplace dedicated to sustainable products, especially with consumers from Asian emerging markets (71%); with the Philippines (76%), Indonesia (73%) and Thailand (70%) leading the trend.

Among those who shop online, more than half (53%) say they prioritize buying sustainable products, especially among those who live in emerging Asian markets, including Thailand (84%), Indonesia (73%) and the Philippines (69%).

Consumers have mixed views when it comes to online shopping. Close to half (49%) of surveyed consumers consider online shopping to be more sustainable, with the highest proportion in the UAE (73%), Indonesia (69%) and Malaysia (66%). But this opinion is more split in Europe, with only 31% in the UK, 28% in Germany and 22% in France echoing the sentiment.

However, the environmental impact of online shopping is not a key influence when purchasing goods or services. Price (74%), product quality (64%), and quick delivery times (28%) are cited as the biggest influence when purchasing products or services online, with only 21% say environmental impact is the biggest influence.

A third of consumers want apps that provide information on how they can live more sustainably 

A third (33%) of consumers say they want apps that provide clear information on how they can live a more sustainable lifestyle, with the highest proportion in the Philippines (50%), Indonesia (46%) and the UAE (44%).

Close to half (47%) say they want digital services that would encourage consumers to use sustainable transport more often, for example, through apps that help determine and book available transport options.

More than two in five (42%) say they want a navigation app that shows more sustainable options, while 40% say they want apps to include helpful tips for fuel saving driving style, and 28% say there’s a need for convenient car-pooling options.

Alibaba’s navigation platform Amap provides low-carbon travel options, including walking, cycling and taking public transport such as bus and subways for users. As of March 31, 2023, it has covered 16 cities in China, including Beijing, Shanghai, Guangzhou, Shenzhen, Wuhan, Chengdu, and Chongqing, driving more than 30 million users to practice low-carbon travel.

In FY2023, emissions reduced by low-carbon travel reached 0.215 million metric tons of carbon dioxide equivalent, according to Alibaba Group’s latest Environmental, Social and Governance Report.

About the Survey

“The Sustainability Trends Report 2023” was conducted by Yonder Consulting, a UK-based consulting firm, with advisory and analysis support by Hong Kong-based sustainability consultancy, The Purpose Business, between January 26 to February 14, 2023, based on feedback from 14,125 consumers to an online survey.

Respondents of the survey are located in fourteen markets across Asia, Europe and the Middle East including: Germany, France, Italy, Spain, U.K., Indonesia, Malaysia, Philippines, Thailand, South Korea, Hong Kong SAR, Japan, Singapore and the UAE.

Asian developed markets referred in this research include Hong Kong SAR, Japan, Singapore and South Korea, while Asian emerging markets refer to Indonesia, Malaysia, Philippines and Thailand.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.

Media Contacts

Morgan Lin

Alibaba Group

+852 6933 0425

morgan.lin@alibaba-inc.com

Ivy Ke

Alibaba Group

+852 5590 9949

ivy.ke@alibaba-inc.com

Please refer to https://www.alizila.com/esg/ for additional information about Alibaba’s sustainability efforts.

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