This is the third blog in our three-part series about Cisco Foundation partner organizations working in the Amazon and South America region. You can read the other two, and more Climate Impact & Regeneration blogs here! This series introduces you to eight Cisco Foundation partner organizations working to support the preservation and protection of the Amazon basin through three main avenues, all of which are deeply entangled and in tandem, serving to promote enduring environmental protection and preservation: Prioritizing Indigenous Sovereignty, Promoting Sustainable Livelihood Opportunities, and Scaling Innovative Financing Opportunities.

This blog was constructed in partnership with my colleagues at WWF: Cat Normile and Hillary Wilson; Capital for Climate: Deborah Stern; NESsT: Kirsten Dueck and Tiana Lins; and Cisco: Julie Rose.

The Amazon Rainforest, an immense and biodiverse ecosystem that spans seven million square kilometers in South America, plays a crucial role in regulating the planet’s climate by absorbing carbon dioxide, releasing oxygen, and regulating global rainfall patterns. Despite the need for lasting conservation and widespread restoration, this unique biome is still under severe threat from deforestation, mining, agriculture, and climate-change induced droughts. The Amazon is intrinsically important for its unique cultural and biological diversity, and its protection can contribute to global goals, such as The Paris Agreement, to limit warming to 1.5°C above pre-industrial levels, and the Kunming-Montreal Global Biodiversity Framework.

Recognizing the urgency of the situation, climate finance has been identified as a key driver of restoration and conservation at a large scale, and yet the annual financial investment will need to increase 3x to meet 2030 targets. Specifically, funders like the Cisco Foundation are driving innovations by catalyzing and supporting public and private sector investments, emerging markets, and instruments like the voluntary carbon market and biodiversity credits.

In service to Cisco and the Cisco Foundation’s vision of a connected, regenerative, and inclusive future, we have prioritized supporting innovative financing flows to unlock resources that are so vitally needed to build economic, biocultural, and ecosystem resilience across the Amazon. We are pleased to introduce three more Cisco Foundation partner organizations that are supporting broad-level systemic change for channeling global finance mechanisms toward this region.

NESsT: Investing in social enterprises 

NESsT invests in the people behind emerging market social enterprises that are using the tools of business to address the social, economic, and environmental challenges of our time. Through business acceleration and direct investment (grants, recoverable grants, and loans), NESsT serves as a catalyst to address areas often overlooked by other investors and donors. NESsT’s aim is twofold: firstly, to assist companies in addressing critical needs, and secondly, to facilitate their ability to attract additional funding. Since 1997, NESsT has accelerated 243 enterprises, creating over 112,000 jobs and impacting 1.7M+ people in Central Europe and South America.

Over the last decade, amidst growing global attention on environmental conservation, the Amazon bioeconomy has emerged as a vibrant economic sector. However, mainstream economic definitions often overlook the vital role Indigenous peoples and local communities play in environmental stewardship and economic development. NESsT takes a different approach, viewing environmental impact and sustainability through the lens of local communities. In partnership with Cisco Foundation and international supporters with a focus on the Amazon, NESsT has invested in over 50 high-impact enterprises and cooperatives, providing tailored capital solutions. These initiatives range from Indigenous-led cooperatives supporting Amazon River fishers to early-stage tech companies advancing climate solutions in the rainforest. NESsT prioritizes the voices of Indigenous and local communities, recognizing the effectiveness of their solutions and involving them in key decision-making processes.

Building on emerging learning, NESsT is developing forward-facing recommendations outlining what is necessary to create an enabling funding environment that fosters the full potential of low environmental impact economic activities. The NESsT Amazonia Initiative thus acts as a vital link between enterprises and the international finance community, facilitating the flow of appropriate financing into the Amazon region.

Capital for Climate: Mobilizing capital for Brazil’s nature-based solutions

Capital for Climate provides investors with the information they need to discover climate-related and nature-based opportunities, invest with confidence, and build effective capital allocation strategies aligned to global agreements. Capital for Climate’s initial focus is on facilitating investment into nature-based solutions (NbS), which are solutions that utilize natural ecosystems to mitigate and/or adapt to the effects of climate change. Capital for Climate describes NbS as “mission critical,” setting them as a top priority because they represent more than a third of global emissions reductions potential, and have the potential to create massive economic value. Companies and investable funds within the NbS space have already begun to flourish in Brazil, but critical barriers that thwart much-needed scale-up and rapid deployment still exist.

One of Capital for Climate’s keystone programs mitigating these challenges is the community of practice: Brazil’s Nature Based Investment Collaborative, which has a goal of attracting USD$5 billion to the sector in time for COP30 in Brazil in order to scale NbS to millions of hectares by 2030 – essential for providing economic alternatives to business-as-usual rampant deforestation. The Collaborative brings together leading investors to address critical barriers, exchange opportunities, and drive investment into key areas including regenerative agriculture, ecosystem restoration, restoration of degraded farm and pastureland, and non-timber forest bioeconomy products.

Powering this effort, and supported by the Cisco Foundation, is Capital for Climate’s NbS Investment Intelligence Platform, which outlines investable climate-related opportunities as well as contextual intelligence that is required for investor learning, strategy formation, opportunity sourcing, and diligence. The platform currently profiles 130+ investable opportunities in Brazil alone, 25+ of which are being showcased to international and regional investors through virtual roadshows and in-person summits. Cisco Foundation support is enabling the extension of this platform to broader Latin America, Africa, and Asia.

Through Capital for Climate’s strategic focus on unlocking investment flows for the Amazon and across the globe, the private sector is equipped with the knowledge and community required to invest equitably and efficiently into resilient ecosystems.

WWF: Setting a global benchmark in measuring impact

WWF has embarked on a groundbreaking journey with the establishment of the Nature-Based Solutions Origination Platform (NbS-OP) as a new model for scaling up, aligning, and mobilizing public and private finance for high-quality nature-based solutions under an integrated landscape finance approach. The NbS-OP sets a new standard for credibility and introduces standardized metrics for implementing nature-based solutions. With any such intervention, it’s critical to monitor impact and opportunities for continuous learning and improvement.

The NbS Origination Platform is piloting such a monitoring framework in Madre de Dios, a rainforested region of Peru known for its rich biodiversity, unique ecosystems, and social, economic, and cultural benefits. This implementation will lay the groundwork for monitoring across other landscapes where the NbS-OP will be operational in its early stages. By applying methodologies and principles in the diverse and ecologically rich landscape of Madre de Dios, the program aims to refine the NbS-OP’s strategies and techniques, ensuring they are robust, scalable, and adaptable to different environmental contexts. This approach seeks to truly bridge the gap between theoretical conservation models and practical, on-the-ground applications.

A key element of the program is to create robust protocols for metrics that accurately reflect impacts on nature, climate, and communities. This process involves the careful design, trial, and refinement of measurement techniques capable of capturing the diverse effects of nature-based solutions. The challenge is to establish protocols that are scientifically rigorous yet practical and flexible enough for application across various landscapes and ecosystems.

The development of these metrics goes beyond just numerical data; they will capture the holistic effect of successful nature-based solutions and will incorporate additional cutting-edge data from environmental DNA analysis, forest scanning systems, biomass monitoring, and will assess social impacts. The objective is to facilitate the creation of a comprehensive results framework for both the overarching landscape strategy and specific interventions.

The Cisco Foundation’s support for the Amazon bioregion

Whether by funding innovative financing mechanisms for greater capital flow into the region, supporting sustainable livelihood opportunities for community empowerment and ecological regeneration, or explicitly empowering Indigenous communities to practice self-governance and land defense, the Cisco Foundation is proud to support a robust suite of nonprofit partners. Through investing in resilient ecosystems, we can help protect human rights, empower vulnerable communities, and protect the planet.

Read more Climate Impact and Regeneration blogs, or visit our

Climate Grants & Investments site to find out more about our work.

View original content here.

In the #HowIGotHere series, you’ll read about the career paths of some of the world-renowned leaders at Yum! Brands. Learn more about James Watts, Global Chief People & ESG Officer at Pizza Hut in this installment.

EDUCATION

The Windsor Boys’ School 
Windsor, Berkshire, United Kingdom (1991– 1996)Buckinghamshire New University 
Chalfont St Giles, Buckinghamshire, United Kingdom (1993 – 1997)

If we were to interview your teachers, what would they say about you?

I was loud, over-active and always thinking about being on the football pitch. I did well without trying but could have done better if I really applied myself.

What did you want to be when you grew up?

It was a close call between a football player and an author of fantasy novels, as I was (and still am) a bizarre combination of athlete and fantasy/science fiction nerd.

WORK

First Job: I was a ride operator at a theme park called Thorpe Park in West London where I grew up. I’m hugely grateful for my time there, learning lessons in leadership that I still lean on today such as leading a team, people skills, dealing with difficult situations, coaching and emotional intelligence. I also gained an appreciation for people who work in front-line roles and that has stayed with me my entire career.

Merlin Entertainment (previously ‘The Tussauds Group’), London, United Kingdom
1998 – 1999: Operations Supervisor, Thorpe Park
1999 – 2000: Learning & Development Advisor, Thorpe Park & Chessington World of Adventures
2000 – 2002: Human Resource Manager, Madame Tussauds LondonThe Walt Disney Company, London, United Kingdom
2002 – 2003: Learning & Development Manager, Disney Store Europe
2003 – 2004: Human Resources Manager, Disney Consumer ProductsPizza Hut, London, United Kingdom
2004 – 2007: Senior Manager, Organizational DevelopmentKFC, London, United Kingdom
2007 – 2008: Director, Operations Human ResourcesYum! Brands, Plano, Texas, United States
2008 – 2011: Senior Director, Global Talent Management & DevelopmentKFC, London, United Kingdom
2012 – 2015: Chief People OfficerPizza Hut, Plano, Texas, United States
2015 – 2021: Chief People Officer, Pizza Hut International
2021 to Present: Global Chief People & ESG Officer

Do you believe in work/life balance?

I believe in finding a way to blend the things that are most important to you to make yourself most effective. I’ve learned over the years that I need four slices to my personal “pizza of life:” – 1) my family 2) my career 3) my hobbies 4) the ability to give back. If I have the right blend of them all, I’m going to be at my best and most impactful. I don’t always get the balance right, and that’s fine for a period of time, but I need to be intentional about protecting the time I need to do all four over the course of a year if I’m going to be fulfilled and effective.

What moments, or who, in your life influenced the way you work?

The Tussauds Group

I am grateful for the opportunity to advance from a ride operator at an amusement park to an office job with the parent company. The company paid for me to go back to university and study human resources after I didn’t follow a traditional route into higher education. I learned lessons in leadership like dealing with difficult situations and emotional intelligence.

Cultural Blend

My dad is from north London. My mum was one of eight siblings from the Caribbean Island of St. Vincent in The Grenadines who immigrated and married people from all over the world, so my childhood was a wonderful blend of different cultures, food and perspectives. My wife is Indian, and my 14-year-old daughter was born in the U.S. and happily identifies as “Br-Ameri-Indian.” This and spending the last 15 years in global roles, travelling to more than 45 countries, has taught me that immigration, blended families, inclusion and freedom of identity are wonderful things that make our lives richer, that our differences should be celebrated and that we’re more similar than we are different.

“Ikigai”

This book by Hector Garcia discusses the Japanese secret to a long and happy life, and I’ve applied its principles to how I balance my career and my home.

What do people think you do versus what you actually do?

My family has no real idea of what I do regardless of how many times I try to explain it, but they think it has something to do with hiring people.

What is the best piece of advice that you’ve been given?

When I took on my first role on a Leadership Team as the Chief People Officer of KFC, on my first day in 2012, my new boss, Martin Shuker, the General Manager, gave me some great advice that has stuck with me to this day. Recognizing straight away that I was an over-enthusiastic mix of anxiety and imposter syndrome he simply said to me ‘don’t worry about trying to be the leader you think the company wants you to be, just be yourself – because that’s all I want you to be’. It was just what I needed to hear at just the right moment.

What makes you happy?

Hearing my daughter sing.

Seeing my wife smile.

Hearing from restaurant general managers how they’ve changed the lives of their teams, working with my colleagues to help Pizza Hut win.

Doing Brazilian Jiu Jitsu.

How do you do it?

Run towards the biggest challenges as that’s where you’ll make the biggest difference and learn the most. Be humble enough to ask for help and learn from those around you. If you’re the best in the room, then you’re in the wrong room.

Looking for an opportunity to expand your network and join a community of like-minded professionals? 

Search no further, 3BL is headed to Stamford, Connecticut to gather corporate leaders and practitioners committed to mutual learning and fostering meaningful change. On May 21 we are hosting Network Effect: Stamford at Webster Bank’s offices for a morning of critical dialogue on various sustainability and social impact issues.

Connect with brands such as Henkel, Webster Bank, Keep America Beautiful, Indeed, Responsible Business Initiative for Justice (RBIJ), and others.

Here’s a sneak peak of what awaits on our agenda:

One: One Interview with Webster Bank

Collective Impact: Partnerships Driving Positive Change for People and Planet

Join Henkel, Mill River Park Collaborative and Keep America Beautiful in a dynamic panel discussion uncovering the power of partnerships in advancing environmental and social causes, while enhancing employee engagement along the way.

Purpose In Action: Stew Leonard’s Commitment to Community Safety

Delve into a compelling one-on-one interview with Stew Leonard’s as the company shares insights into how it embeds purpose and social impact into its brand, focusing on initiatives like its commitment to preventing child drownings and its transformative impact on underserved communities.

Unlocking Opportunity: Clean Slate Connecticut’s Impact & What It Means for Business

Talent is universal yet opportunity is not. Every year, 650,000 Americans join the labor market when they return from incarceration, only to find themselves locked out of a job. Against the backdrop of a talent shortage for businesses, the growing movement for automatic clearing of eligible criminal records (“Clean Slate”) represents an opportunity to meet America’s workforce needs. In this session, learn why companies are increasingly looking to second-chance talent to stay competitive in today’s labor market. Hear from business leaders and policy experts why businesses have supported legal system reforms like Clean Slate, including here in Connecticut.

Register today at no cost. Breakfast is included.

2023 was a transformative year for Vertex. The company made significant advances toward delivering on its core mission of creating transformative medicines for people with serious diseases and ushering in a new era of diversification. Vertex’s differentiated strategy, investment in scientific innovation, and unique culture have enabled the company to extend its leadership in cystic fibrosis, expand into new disease areas with the regulatory approvals of CASGEVY™ (exagamglogene autotemcel), rapidly advance its robust research and development (R&D) pipeline, and drive positive impact for patients, employees and its communities. The company remains committed to making a difference — for patients and families impacted by serious diseases, for its communities, and for each other. Vertex’s differentiated strategy and unique culture, along with its drive and dedication, will fuel the company’s ability to deliver results and operate its business responsibly.

About Vertex 
Vertex is a global biotechnology company that invests in scientific innovation to create transformative medicines for people with serious diseases. The company has approved medicines that treat the underlying causes of multiple chronic, life-shortening genetic diseases — cystic fibrosis, sickle cell disease and transfusion-dependent beta thalassemia — and continues to advance clinical and research programs in these diseases. Vertex also has a robust clinical pipeline of investigational therapies across a range of modalities in other serious diseases where it has deep insight into causal human biology, including acute and neuropathic pain, APOL1-mediated kidney disease, autosomal dominant polycystic kidney disease, type 1 diabetes, myotonic dystrophy type 1 and alpha-1 antitrypsin deficiency.

Vertex was founded in 1989 and has its global headquarters in Boston, with international headquarters in London. Additionally, the company has research and development sites and commercial offices in North America, Europe, Australia, Latin America and the Middle East. Vertex is consistently recognized as one of the industry’s top places to work, including 14 consecutive years on Science magazine’s Top Employers list and one of Fortune’s 100 Best Companies to Work For. For company updates and to learn more about Vertex’s history of innovation, visit www.vrtx.com or follow us on LinkedIn, Facebook, Instagram, YouTube and Twitter/X. 

Media Contact:
Sarah D’Souza, 857-329-8495

Read More

Schneider Electric

RUEIL-MALMAISON, France, April 25, 2024 /3BL/ – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the 2024 first quarter results of its Schneider Sustainability Impact (SSI) program, alongside financial results.

This transformative program drives and measures the company’s progress toward global sustainability 20212025 targets contributing to six long-term commitments that cover all environmental, social, and governance (ESG) dimensions.

Continuing 2023’s strong results, this quarter saw headway in sustainable packaging and supply chain programs, as well as on the inclusion front with progress on access to energy and training in energy management.

Additionally, all zone and country presidents extended their local impact initiatives, following the successful mobilization and advancement of the 200+ initiatives they started in 2021. These grassroot programs aim to amplify the company’s sustainable impact by supporting and empowering local communities with training and mentoring, energy resiliency, environmental action and more.

“At Schneider Electric, delivering social and environmental progress is galvanizing. Impact keeps us moving and looking forward”, comments Xavier Denoly, Senior Vice President of Sustainability Development at Schneider Electric. “This is why we are constantly in motion, raising the bar with more concrete initiatives, meaningful innovation and ecosystem-wide collaboration — all the while remaining focused on delivering on our ESG action plan.”

Schneider Electric’s SSI score in Q1 2024 reaches 6.43 out of 10 (on its way to the year-end target of 7.40 out of 10), a promising start to the year that coincides with the launch of Schneider Electric’s refreshed employee value proposition, “IMPACT starts with us”, and the rollout of new solutions for energy efficiency, automation and decarbonization at its flagship Paris Innovation Summit.

Find more information on this quarter’s results in the SSI Q1 2024 report.

More thematic reports on Schneider Electric sustainability strategy, Climate, Trust, Natural resources, People, and Social impact are also available here.

Related resources:

ESG Frequently Asked Questions (FAQ)Schneider Electric’s recent awards and recognitions

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

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

SWORDS, Ireland, April 25, 2024 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, has been named to the Financial Times Europe’s Climate Leaders list for the fourth consecutive year. This year’s list, compiled by the Financial Times and market research company Statista, recognizes European businesses whose Scope 1 and 2 GHG emissions intensity fell the most between 2017 and 2022.

“We’re extremely honored to be recognized by Financial Times as one of Europe’s climate leaders for the fourth year in a row,” said Jose La Loggia, Group President, Europe, Middle East and Africa (EMEA). “Leading change that drives impact is not new to Trane Technologies. We’re driving meaningful action toward achieving our ambitious sustainability commitments and science-based emission reduction goals. We are climate innovators focused on bringing solutions to customers that enable them to reduce their total carbon footprint and we are proud to lead our industry in making a significant impact on global greenhouse gas emissions, particularly in the areas of heating and cooling and food loss.”

Trane Technologies is uniquely positioned to lead the movement to tackle climate change and empower its customers to decarbonize. In 2014, Trane Technologies established its first set of climate commitments, and exceeded them two years early. Since then, the company’s ambitions and actions have grown, with significant progress toward its bold 2030 Sustainability Commitments and 2050 Net-Zero carbon target.

Through its Gigaton Challenge, announced in 2019, the company is working with customers to reduce greenhouse gas emissions by 1 billion metric tons by 2030. This reduction equates to 2% of the world’s annual emissions – or, the annual emissions of Italy, France and the U.K. combined. It has also pledged to be net-zero by 2050, is first in industry to have its near and long-term emissions reduction targets externally validated by the Science Based Targets Initiative (SBTi) and is one of four Irish-based companies to be recognized with an ‘A’ score for transparency on climate change by CDP in 2023.

Trane Technologies continues to relentlessly invest in sustainable innovation, accelerating decarbonization of buildings, industry and the cold chain. Last November, the company announced it fulfilled its August 2021 commitment to deliver fully electric, zero direct emission Thermo King® refrigeration solutions for every segment of the cold chain in the Europe, Middle East and Africa (EMEA) region by 2023. The company also called for quick action and greater collaboration at the GCCA European Cold Chain Conference in Brussels to ensure widespread adoption of technologies that reduce carbon emissions and improve efficiency.

Earlier this year, Trane Technologies co-developed a roundtable at the European Parliament that addressed the global impact of food loss and the technologies and solutions required to reduce loss and waste across the food chain. This session was aligned to the EU’s commitment of meeting SDG 12.3 of halving per capita global food loss and waste by 2030. In addition to saving more food for human consumption, reducing food waste also lowers emissions. According to Eurostat, food waste is responsible for about 16% of greenhouse gas emissions from the EU food system.

# # # 
 

About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. Visit tranetechnologies.com.

This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Ameresco, Inc., (NYSE: AMRC), a leading cleantech integrator specializing in energy efficiency and renewable energy, today announced the release of its 2023 Impact Report on the theme of “Doing Well, by Doing Good: People, Planet and Policy.” The report demonstrates the lasting impact that Ameresco’s business has across employees, customers, partners, communities, planet, industry, and beyond. This year’s report showcases the multitude of ways that the compan