Month: March 2024

Originally published on the Nielsen Foundation 

The Nielsen Foundation has committed $325,000 in grants to seven organizations through the 2023 Data for Good grants program. Building upon the 2022 Data for Good grants program, this year’s grants continue to support creative efforts leveraging data to advance media and technology as forces for good, especially to advance representation and inclusion.

“Over the last two years, the Nielsen Foundation has increasingly honed our focus on projects and programs that advance representation in media and technology, especially through data and research,” said Andrea Bertels, President and Executive Director, Grantmaking, Nielsen Foundation. “This outstanding group of Data for Good grantees represents a fraction of the amazing, innovative work across sectors that leverages media and technology as forces for good. We are honored to support and advance this 2023 cohort, and eager to continue this work in the years ahead.”

Supported projects include:

Amplify AAPI at NORC at the University of Chicago : to support development and maintenance of the first-ever research panel designed to scientifically represent Asian American, Native Hawaiian, and Pacific Islander communities.
 Center for Scholars and Storytellers: to develop case studies of films and TV shows with authentically inclusive storytelling, advancing CSS’ mission of supporting stories that help young people thrive.
 GLAAD: to support the latest industry assessment report of LGBTQ representation in advertising, advancing GLAAD’s work to ensure fair, accurate, and inclusive representation of the LGBTQ community.
 Inevitable Foundation: to support the launch of the organization’s Research Institute and Fellowship for disabled scholars, in an effort to illuminate barriers for disabled creatives and close the data gap around disability and entertainment.
 PCI Media: to support research to enhance a media-based program to empower women farmers to take action on climate change, as part of the organization’s efforts to use the power of storytelling and community for social change around the world.
 PopShift (a project of Pathos Labs) : to continue building a curated catalog of intellectual property from diverse creatives for distribution to writers, producers and executives, as part of the organization’s efforts to create more opportunities for representative co-authorship.
 The USC Norman Lear Center Media Impact Project: to support additional research on the impact of TV representations of anti-fat bias on health students and professionals as part of their work to advance understanding of the role that the media plays in changing knowledge, attitudes and behaviors among individuals and communities.

About the Nielsen Foundation

The Nielsen Foundation established the Data for Good grant program in 2017, to support projects by nonprofit organizations that use data in innovative ways and help bridge divides to catalyze long-term change.

The Nielsen Foundation envisions a more equitable world, enabled by inclusive media and technology, where everyone has voice and opportunities to succeed. Our grantmaking is focused on powering and advancing inclusive innovation and representation in the media and technology industries, especially through the use of data and research. We support organizations that drive greater representation, inclusion and equity in media and technology, including initiatives that use data in innovative ways to advance media and technology as forces for good. The Nielsen Foundation is a private foundation originally funded by Nielsen, a global data and analytics company.

Originally published on bloomberg.com

HONG KONG, March 21, 2024 /3BL/ – Bloomberg announced that its ESG data supports the development of the newly launched greenhouse gas (GHG) emissions estimation tool of Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) and the Hong Kong University of Science and Technology (HKUST).

The GHG emissions estimation tool is part of the key initiatives to facilitate sustainability reporting by corporates and financial institutions in Hong Kong led by the Steering Group, which is co-chaired by Securities & Futures Commission of Hong Kong and the Hong Kong Monetary Authority.

Co-developed by the HKUST and the Steering Group, the estimation tool deploys a regression model using data from listed companies, and small and medium-sized enterprises to represent corporate energy consumption and associated Scope 1 and 2 GHG emissions. The energy consumption data and GHG emissions data of Hong Kong listed companies used for the model is procured from Bloomberg. The launch of this estimation tool enables financial institutions to estimate the GHG emissions of their investees or borrowers in their portfolios, which is especially important where data from the underlying companies is limited.

Including the GHG emissions estimation tool, the Steering Group and HKUST have released a suite of GHG emissions tools built on clear and accessible methodologies to enhance the availability and quality of sustainability-related data in the real economy and support decarbonisation efforts across the private sector.

Prof. Alexis Lau, Director of the Institute for the Environment at HKUST presented the GHG emissions tools at the ceremony. “Addressing climate change requires concerted efforts across the business spectrum. We’ve designed these practical, user-friendly GHG emissions tools using the best-in-class datasets available to tailor to the specific needs of SMEs and regional contexts. These tools equip businesses with the means to accurately calculate and manage their environmental footprint, propelling us all towards a more sustainable future.”

“Accessible, transparent data is the bedrock of meaningful sustainability disclosure, and a key driver of more efficient markets when it comes to ESG investing. Tools like this one have immense promise and can play a key role in helping investors, companies and markets in their transition to the net zero economy,” said Heena Chakravorti, North Asia Head of Enterprise Data at Bloomberg. “Bloomberg is committed to providing high quality ESG and climate data and we’re pleased that our GHG emissions Data License offering has been selected to power this innovative new tool.”

Bloomberg’s ESG data, research, and analytics span regulatory compliance, carbon emissions, sustainable debt, scores, indices, climate risk, and more. Clients can readily access this data on the Bloomberg Terminal via {ESGD <GO>} or across their enterprise via Data License at data.bloomberg.com for use in proprietary or third-party applications. To learn more, please visit our website here.

About Bloomberg

Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration.

For more information, visit Bloomberg.com/company or request a demo.

Media Contact

Irene Gu, igu3@bloomberg.net, +852-29772111

The Global Inclusive Growth Summit returns on April 18, 2024. As we look forward to coming back together in person and virtually, we offer these highlights from the 2023 event, hosted by Mastercard and the Aspen Institute. The Global Inclusive Growth Summit 2023 brought together private sector, social impact and government leaders to share ways to make economies more equitable.

The 2024 Global Inclusive Growth Summit, hosted by the Mastercard Center for Inclusive Growth, advances real solutions to today’s most pressing challenges through collaboration and candid conversation among entrepreneurs, innovators, policymakers and emerging changemakers. First held in 2019, the Summit assembles a dynamic group of cross-sector leaders who collectively address topics including financial inclusion, data science for social impact, emerging technology such as artificial intelligence, climate and the environment, women’s economic empowerment and place-based development. After a decade of impact, we’re excited to continue the great dialogue and work focused on driving and creating inclusive growth for all.

Get more information about the 2024 Global Inclusive Growth Summit here.

To learn more, visit: globalinclusivegrowthsummit.com

Originally published July 14, 2024 by Mastercard:

It’s not a secret that women make less money than men — in the U.S. in 2022, women earned only 82% as much as their male counterparts. When it comes to Latina women vs. non-Hispanic men, that gap widens to 54%. Aside from being exploitative, this discrepancy is bad for business. When women are undervalued, it means less talent, greater turnover and higher levels of poverty. By contrast, an economy that appreciates women’s and men’s contributions equally gains a wider range of ideas, expertise and experience.

In this discussion, comedian, writer, producer and political commentator Trevor Noah and Melinda French Gates, philanthropist and co-founder of the Gates Foundation envision a society where everyone can both contribute and benefit. With María Teresa Kumar, Emmy-nominated MSNBC contributor.

To learn more, visit: globalinclusivegrowthsummit.com

Mastercard Center for Inclusive Growth

The Mastercard Center for Inclusive Growth advances equitable and sustainable economic growth and financial inclusion around the world. The Center leverages the company’s core assets and competencies, including data insights, expertise and technology, while administering the philanthropic Mastercard Impact Fund, to produce independent research, scale global programs and empower a community of thinkers, leaders and doers on the front lines of inclusive growth.

Aspen Institute

The Aspen Institute is a community-serving organization with global reach whose vision is the creation of a free, just, and equitable society. For 70 years, the Institute has driven change through dialogue, leadership, and action to help solve the world’s greatest challenges. With headquarters in Washington, DC, the Institute has offices in Aspen, Colorado and New York City, as well as an international network of partners. Learn more at www.aspeninstitute.org.

Devex

Devex is the world’s leading independent news organization covering global development. Devex journalists deliver insider reporting from front lines of the fight to achieve the SDGs – driving the most important debates, providing the most critical analysis, and backing it all up with the events, career information, and funding opportunities professionals require. To keep up to date with the must-read global development coverage, join their global community.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

www.mastercard.com

Originally published by The Mastercard Center for Inclusive Growth

Follow along the Mastercard Center for Inclusive Growth’s journey to advance equitable and sustainable economic growth and financial inclusion around the world

On International Day of Forests, International Paper (IP) and longtime partner the National Fish and Wildlife Foundation (NFWF) celebrate landowners across the U.S. South that manage non-industrial private forests with controlled burns that help create thriving habitats, safer communities and more resilient forests.

The Forestland Stewards Partnership, a longtime collaboration between IP and NFWF, provides grants to on-the-ground partners to help landowners improve forest management practices and enhance the economic and ecological functions of working forests. One way that NFWF and IP help foster healthy, flourishing forests is by supporting controlled burns and encouraging participation by private landowners. These controlled burns help reduce potential wildfire fuel, such as dead wood and debris, resulting in forests that are more wildfire-resistant.

The Forestland Stewards Partnership supports work with private forest owners across the U.S. South, including North Carolina, where controlled burning efforts are in full swing thanks to partners including The Nature Conservancy in North Carolina (TNC), North Carolina State Cooperative Extension, North Carolina Forest Service (NCFS) and North Carolina Wildlife Resources Commission that utilize Prescribed Burn Associations and other approaches to getting controlled burns back on the landscape.

“Fire has shaped healthy landscapes of North America, like the longleaf pine ecosystem, for millions of years. Yet, today, our relationship with fire has changed with an overemphasis on putting out fires as quickly as possible and an underemphasis on lighting safe, controlled burns,” said Jeff Marcus, TNC North Carolina Longleaf Pine Applied Scientist. “That’s why The Nature Conservancy and its partners are proud to work with North Carolina landowners through funding provided by the Forestland Stewards Partnership to teach landowners how controlled burns benefit the forests in their care as well as protecting the entire community.”

Marcus pointed to the June 2023 Pulp Road Wildfire in Brunswick County as an example of the importance of controlled burns for community and habitat protection.

“The blaze burned more than 15,000 acres, the majority of which was a wetland called pocosin. Areas that had not burned in over 60 years burned intensely, while areas managed with recent controlled burns burned less intensely or not at all. Controlled burns conducted by The Nature Conservancy in the Green Swamp helped mitigate and control the wildfire by reducing thatch and woody material that made containment of the wildfire easier,” Marcus said. “These fire-managed areas served as important refuges for wildlife that live in the Green Swamp.” The preserve is owned and managed by TNC, a nonprofit organization working to bring good fire back to forests and other ecosystems, including to longleaf pine forests in North Carolina.

Wayne Rider, a U.S. Army veteran and one of the 525,000 North Carolina private, non-industrial forest landowners, owns 210 acres with his wife in Cumberland and Bladen counties. Together, they are looking to leave the land better than they found it.

“Owning a piece of land and being a good steward was definitely a life goal,” Rider said. “We have had wildfires in our area; engaging in controlled burns will result in much less damage to land should an unmanaged blaze strike.”

To properly engage in controlled burns, Rider has participated in Bladen Lakes Prescribed Burn Association’s educational programs and was certified to conduct controlled burns after taking a 40-hour class through stewardship partner NCFS. Landowners also can hire certified burners and seek reimbursement for much of the cost.

More than three-quarters of North Carolina’s 18.7 million acres of forestlands are owned and managed by private landowners. Through NFWF and IP’s partnership and collaborative organizations, controlled burn management can protect private lands economic investment by reducing wildfire losses, while enhancing habitat, restoring at-risk wildlife and plant species, and improving water and air quality through healthier forests. Win-win for all.

About the National Fish and Wildlife Foundation

Chartered by Congress in 1984, the National Fish and Wildlife Foundation (NFWF) protects and restores the nation’s fish, wildlife, plants and habitats. Working with federal, corporate, foundation and individual partners, NFWF has funded more than 6,000 organizations and generated a total conservation impact of $8.1 billion. NFWF is an equal opportunity provider. Learn more at nfwf.org.

About International Paper 

International Paper (NYSE: IP) is a global producer of sustainable packaging, pulp and other fiber-based products, and one of the world’s largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what’s next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2023 were $18.9 billion. Additional information can be found by visiting internationalpaper.com/.

About International Paper – EMEA

In Europe, Middle East & Africa (EMEA), International Paper focuses on the production and marketing of fiber-based packaging and pulp, employing approximately 4,200 people. As a leading supplier of high-quality corrugated containers for a multitude of applications, we serve customers throughout the region from our network of two recycled containerboard mills and 23 box plants in France, Italy, Morocco, Portugal and Spain. Pulp production is centered in Gdansk, Poland. Other products available from International Paper in the region include Kraft linerboard and recycled containerboard, as well as pulp.

To mark Fair Housing Month, KeyBank will host Community Lending Days at several branches. Mortgage Loan Officers will be on hand to offer advice and details on products and assistance programs available to homebuyers.

Community Lending Days take place at the following dates, locations and times:

Wednesday April 6 – Lehigh Township Branch – 4421 Lehigh Drive, Walnutport, PA 18088 – 10:00 a.m.–1:00 p.m.
 Wednesday, April 13 – Commerce City Branch – 6565 E 73rd Avenue, Commerce City, CO 80022 – 9:00 a.m.-12:00 p.m.
 Thursday, April 18 – West Valley Branch – 2807 South 5600 West, Salt Lake City, UT 84120 – 10:00 a.m.–1:00 p.m.
 Friday, April 19 – New Haven Main Branch – 195 Church Street, New Haven, CT 06510 – 10:00 a.m.–1:00 p.m.
 Saturday, April 20 – Parkville Branch – 1700 Park Street, Hartford, CT 06106 – 10:00 a.m.–1:00 p.m.
 Saturday April 27 – Summer Street Branch – 2386 Summer Street, Stamford, CT 06905 – 10:00 a.m.–1:00 p.m.

In addition, KeyBank will participate in the following events where home lending resources and advice will be offered:

Wednesday April 13 – Building Black Wealth Expo – Innovation Center, 640 Ellicott Street, Buffalo, NY 14203 – 10:00 a.m.-3:00 p.m. – Register Here
 Wednesday April 17 – Urban League of Rochester Homebuyer Workshop – 265 North Clinton Avenue, Rochester, NY 14605 – 6:00 p.m.-8:00 p.m. – Register Here

Get tips on home ownership from KeyBank

KeyBank Member FDIC. NMLS #399797. Mortgage and Home Equity Lending products offered by KeyBank are not FDIC insured or guaranteed. KeyBank extends credit secured by residential real estate without regard to race, color, religion, national origin, sex, handicap, or familial status. All credit products are subject to collateral and/or credit approval, terms, conditions, availability and are subject to change.

CFMA #240319-2507178

by Geeta Aiyer, CFA, founder & President of Boston Common Asset Management

Until now, gender has not received adequate priority and has been largely confined to a single data point under workplace diversity efforts. While workplace-focused efforts that call for advancements like enhanced disclosure and board diversity are vital to supporting the infrastructure necessary to evolve toward gender equality in corporate environments, lasting change will require more comprehensive gender prioritization across corporate value chains.

Public and Private equity investors have a unique opportunity to motivate companies to design for inclusion and create genuinely inclusive systems within their organizations and throughout their value chains. Determined to equip investors with the tools to activate their voice, my company, Boston Common Asset Management, developed Investor Guidance for Prioritizing Gender in 2022. The guidance supplies engaged investors with critical questions and essential tactics for motivating companies to adopt gender-specific approaches using an integrated, full value chain approach.

Underpinning this approach is the understanding that a corporate strategy that prioritizes inclusive gender governance can positively impact each aspect of a company’s value chain, as detailed below:

Workplace operations impact a company’s leaders and employees via gender representation, benefits, compensation, health, safety, and well-being.Supply Chain practices impact business relationships between tier-1 suppliers and beyond.The Product/Service Marketplace and its participants are directly and indirectly impacted by how and what a company designs, develops, and disseminates.Communities are directly or indirectly impacted by a company’s business and/or community-focused activities.

Read Geeta’s full article here – https://greenmoney.com/making-gender-visible-a-path-to-systemic-inclusion

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Edwards becomes a corporate sponsor for the Catalyze Program Edwards participation expands Catalyze program to Tier One and Tier Two suppliers within semiconductor value chain

LOUISVILLE, Ky., March 21, 2024 /3BL/ – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that Edwards has joined the Catalyze program not only as a Tier One supplier to the program’s founding corporate sponsors but also an additional corporate sponsor to the program. Edwards’ participation as a sponsor will enable decarbonization of energy sources for their own operations and enable their suppliers to access the Catalyze program benefits, extending the program’s reach to include Tier Two suppliers of some of the founding sponsors.

Edwards is a leading developer and manufacturer of sophisticated vacuum products, exhaust management systems, and related value-added semiconductor services. The company is a direct supplier to many of the Catalyze program’s founding corporate sponsors.

“The Catalyze program is designed to foster collaboration and partnership among corporate sponsors and their suppliers enabling collective decarbonization impact,” said John Powers, Vice President, Global Renewable at Schneider Electric. “Edwards has been at the forefront of working with their customers to develop products, services and solutions that maximize efficiency and minimize the environmental impact of the semiconductor industry.”

“We are immensely proud to join this ground-breaking initiative to help decarbonize the semiconductor value chain. It helps demonstrate our ambition to be leaders in enabling industry transformation for a better future. Catalyze provides a great opportunity to partner with our customers and suppliers around the world to accelerate the transition to renewable energy,” said Koen Lauwers, President of Semiconductor Division, Edwards.

“The Catalyze program’s continued growth represents our industry’s continued commitment to accelerating the widespread adoption of renewable energy throughout the semiconductor value chain and IT supply landscape. Through this initiative, we aim to empower suppliers to make a significant impact to their supply chain decarbonization strategies,” said John Golightly, Vice President Global Head of Sustainability at ASM. “We are thrilled to welcome Edwards as the latest member of the program, helping our industry to continue to lead the way to a more sustainable future.”

The Catalyze program aims to accelerate access to renewable energy across the global semiconductor value chain and IT supply landscape. The first-of-its-kind program was launched in July 2023 with the goal to:

Combine energy purchasing power across the semiconductor value chain to accelerate the deployment of renewable energy projectsProvide suppliers, who may not have the capacity on their own, with the opportunity to participate in the market for utility-scale power purchase agreements (PPAs).Enable any company that supplies to a Catalyze sponsor to participate in the program.Increase awareness of renewable energy availability in specific global regions where the semiconductor value chain is operational.Leverage educational and digital technology platform engagements to drive measurable actions in supply chain decarbonization.

Learn more about the Catalyze program at sustainabilityse.com/catalyze

About Edwards 

Edwards is a leading developer and manufacturer of sophisticated vacuum products, exhaust management systems and related value-added services. These are integral to manufacturing processes for semiconductors, flat panel displays, LEDs and solar cells; are used within an increasingly diverse range of industrial processes including power, glass and other coating applications, steel and other metallurgy, pharmaceutical and chemical; and for both scientific instruments and a wide range of R&D applications.

Edwards has over 8,000 employees worldwide engaged in the design, manufacture and support of high technology vacuum and exhaust management equipment and has state-of-the-art manufacturing facilities in Europe, Asia and North America.

Edwards is part of the Atlas Copco Group. Atlas Copco Group is based in Stockholm, Sweden with customers in more than 180 countries and about 49 000 employees.

Further information about Edwards can be found at Edwards Vacuum

About Schneider Electric 

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

The Port of Santos, Latin America’s largest port, has become a hub for female workforce development, with DP World Brazil leading the charge. At this cutting-edge multipurpose port complex, women are not only encouraged but empowered to ascend to leadership roles, making DP World a pioneer in gender diversity within the port’s community.

Over the past decade, DP World’s presence in Brazil has significantly shifted the gender dynamics within the company. The female workforce has soared by more than 200%, bringing the total to 297 women across various departments, including operations, where 41% of the female staff are breaking new ground in traditionally male-dominated roles.

The terminal has seen a 30% increase in women holding leadership positions over the last five years, with over 30 women now in roles ranging from supervisors to directors. Only last year, 77 women were hired and 25 were promoted.

Empowering Women in Line with the UN’s SDGs

Empowering women is one of the three main legacy areas that DP World has defined in its Sustainability strategy, “Our World, Our Future.” DP World’s efforts align with the United Nations Sustainable Development Goal 5 (SDG5), focusing on gender equality. The company’s dedication to creating opportunities for women and making a lasting impact on their careers is evident in its comprehensive sustainability strategy.

“We are proud to be pioneers in valuing women in the Port of Santos,” said Alcino Therezo, People Director at DP World in Brazil. “We work to improve female representation in the company and integrate discussions about the importance of diversity to our daily lives.”

Through initiatives like MentorHer, which offers mentoring by senior professionals to women aiming for career advancement, DP World is making strides in female empowerment. This program alone has certified over 50 women, with professionals dedicating more than 4,500 hours to training in 2022.

Trailblazers at DP World: Shaping the Future

Paula Bispo de Santana: Pioneering Side Operator

Since stepping into her role in 2022, Paula Bispo de Santana has been making history as the first woman side operator at the Port of Santos. Her journey with DP World began with a two-year stint as an operations assistant. Today, she plays a crucial role in the loading and unloading of ships and trucks, handling everything from docking ships to managing cargo with precision and safety. Paula’s hands-on approach and dedication to maintaining a smooth operational flow demonstrate her commitment to excellence in a traditionally male-dominated field.

Fabiana do Nascimento Almeida: Trailblazer in Container Operations

Fabiana do Nascimento Almeida’s tenure with DP World since 2012 has been marked by a series of firsts. Not only is she the first and only female container operator at the Port of Santos, but her journey also includes specialized training in Peru and a strong background in various operational roles. Starting in the administrative sector in other markets, Fabiana’s transition to the front lines of port operations underscores her versatility and pioneering spirit in navigating the logistics landscape.

Patrícia Silva de Oliveira: From Bus Driver to Operations Supervisor

At 37, Patrícia Silva de Oliveira’s career is a testament to resilience and ambition. Her transition from a driver at a bus company to a port operations supervisor at DP World is a story of constant learning and adaptation. Patrícia’s journey at the company includes different roles, culminating in a leadership position overseeing the port’s operations, reflects her determination to break barriers and inspire other women to pursue their dreams, no matter how daunting they may seem.

Juliana Bambini: Legal Luminary with a Groundbreaking Journey

Juliana Bambini’s nearly 14-year career at DP World has seen her rise from an intern to Legal Manager. Her growth within the company mirrors DP World’s evolution from a small office to a major terminal player. Juliana’s participation in the MentorHer program highlights her role in fostering a culture of mentorship and empowerment, further cementing her status as a key figure in the organization’s legal framework.

Daniela Zicari Di Monte: Director with a Global Vision

Daniela Zicari Di Monte joined DP World Logistics in 2022, bringing with her over two decades of experience in the global maritime sector. As Director, she’s poised to enhance the company’s footprint in the NVOCC segment, leveraging her comprehensive expertise in integrated logistics, P&L management, and strategic planning. Daniela’s extensive background and forward-thinking approach are instrumental in navigating the complexities of international trade and logistics.

A Model for the Future

These inspiring women exemplify DP World’s commitment to breaking new ground and fostering an environment where diversity and empowerment are key drivers of innovation and success. By promoting gender diversity and empowering women to lead, DP World is paving the way for a more inclusive, equitable, and sustainable future in global trade and logistics.