Month: April 2024

Originally published on 3M News Center

3M’s 2024 Global Impact report shows the great strides we’ve made toward our sustainability commitments in 2023. The company hit major milestones, strengthened collaborations, and engaged with the public on our goals.

3M pursued ambitious targets with urgency, making progress on our carbon, water, and waste footprints.

“From our substantial carbon emissions reductions to hosting our first environmental justice summit, we took significant steps toward our sustainability commitments,” said Gayle Schueller, 3M senior vice president and chief sustainability officer. “I’m proud of the work 3Mers have done to create a brighter future.”

Key accomplishments include:

Achieving 56.2% renewable electricity across global operations – ahead of schedule – and a substantial 43.2% reduction in greenhouse gas emissions since 2019.Reduced virgin fossil-based plastic use by 69.8 million pounds.Increased water efficiency by 19.1% and continued engagement with the Water Resilience Coalition on net positive water impact initiatives.Invested $39.4 million to address racial opportunity gaps in the U.S. and donated 108,000 skills-based work hours globally.In 2023, the total number of health and safety training instances was over 8.4 million, putting us well past our 2025 goal of 5 million instances since 2015.

3M is committed to contributing to a better and brighter future through our people, products, and operations. The strength of our commitment is reflected in our sustainability goals and our environmental, social, and governance (ESG) metrics.

3M uses a science-based approach to reimagine what’s possible as we rise to the most critical challenges facing our planet and its people — focusing our efforts where we can make the greatest impact. As these challenges evolve, we’re accelerating our exploration of emerging areas like climate technology, industrial automation, the next generation of electronics, and sustainable packaging.

“This is really silly, but I keep this box with a stack of cards from people who have reported to me over the years just thanking me,” Social Media Manager Dianne Henderson said as she explained how she’s paid forward the mentorship she’s received over the years. “You know, I can’t get through this without crying.”

For Henderson, whose strategic vision defines Maximus’ social media presence, mentoring colleagues takes a less structured form, something she learned from her first boss.

“I’ve always looked up to her as a mentor even though she couldn’t necessarily teach me things about social media,” she said. “She taught me to take a chance on people and to read if someone was a good person or a smart person—or teachable. She helped me establish a rhythm of working for things that I want.”

What she wanted when she started at Maximus in 2022 was to launch an employee advocacy program. Henderson envisioned providing tools for employees to elevate good news about Maximus and make connections meaningful to their work through their social media accounts. She put in the work, so when her team launched the effort in April 2023, it took on a life of its own.

The Social Media Employee Advocacy Program gained the company visibility on Facebook, LinkedIn, X, and Instagram as employees engaged with and promoted Maximus content. The program’s positive impact earned Henderson a 2023 Values Icon Award for innovation.

In Henderson’s nomination for the award, Corporate Communication Senior Director Jared Curtis noted that the program was responsible for increasing social media reach nearly threefold on corporate channels.

“The success of this program also showcased the company as forward-thinking and innovative, appealing to both current and prospective employees and customers who value modern and digitally savvy brands,” Curtis said. “Employees sharing content often carries more authenticity and can positively influence how the broader public perceives the brand.”

Henderson recognizes the program’s impact but is quick to say it was a team effort.

“I’m very proud, but not because of me personally,” she said. “I feel like the award is for the program because I’ve just moved it forward. I got it started, and I’m kind of behind the wheel, but [Communications Specialist] Jessie Moyer and the participants are so important to the program’s success.”

Henderson also credits Maximus leadership for taking a chance on a new concept and giving her the resources to move it forward quickly.

“It was an innovative program and something we had never done before, but [CHRO] Michelle Link was very receptive to it,” she said. “It took six months to do here what took seven years at my last job. I think what makes it work are the innovative people we have in the company.”

While the project earned her the award for the value of innovation, Henderson said the full suite of Maximus values resonates.

“For me, all of these values are very much aligned to my personal values,” she said. “These are all things I look for in a work environment, but I also see them in my spouse, my friends, and my children.”

KeyBank offers several Special Purpose Credit Programs1 to improve accessibility and affordability in homebuying, particularly in historically underserved and economically disadvantaged communities

For many Americans, homeownership is not just an aspiration, but a major step toward establishing long-term financial stability. Amid fluctuating economic conditions and a competitive housing market, a number of resources and programs exist to help consumers achieve the goal of owning a home. But while 88% of recent or prospective homebuyers have a mortgage loan officer, less than a quarter (19%) have discussed affordable homebuying programs, grants, and credits with them, according to KeyBank’s 2024 Financial Mobility Survey2.

KeyBank offers several Special Purpose Credit Programs3 to improve accessibility and affordability in homebuying, particularly in historically underserved and economically disadvantaged communities. Through April 9, 2024, these Special Purpose Credit Programs have funded $10.2 million in home equity loans and $2.3 million in $5,000 credits to help 712 clients on their journey of homeownership in qualifying areas where the programs are available, including:

The KeyBank Home Buyer Credit4: KeyBank funded approximately $1.7 million in Home Buyer Credits, helping 386 clients achieve their dream of homeownership in the qualifying areas where the program is available. Also, as of April 9, 2024, KeyBank has $324.3 million in mortgage loan applications for approximately $2.8 million in Home Buyer Credits to assist 652 clients (inclusive of the funded credits shared above) on their path to homeownership in these locations.The Key Opportunities Home Equity Loan5: Since the program launched in March 2023, KeyBank has surpassed the milestone of $10 million in loan funding, helping 204 clients secure loans for their primary home in designated communities.The KeyBank Neighbors First Credit6: From the launch of the program in July 2023, through April 9, 2024, KeyBank funded approximately $610,000 in Neighbors First credits, helping 122 clients achieve their dream of homeownership in the qualifying areas where the program is available. Also, as of April 9, 2024, KeyBank has $37.5 million in mortgage loan applications for approximately $1.1 million in Neighbors First Credits to assist 229 clients (inclusive of the funded credits shared above) on their path to homeownership in these locations.

Across all three Special Purpose Credit Programs, Key has purchase credits available in more than 9,500 census tracts, covering areas where more than 10% of the U.S. population lives.

“At KeyBank, we believe in turning aspirations into achievable milestones,” said Rachael Sampson, Head of Community Banking, KeyBank. “Our continued investments in homebuying resources and education for clients in minority and low- and moderate-income communities reflect our dedication to fostering financial empowerment and making homeownership attainable for all.”

Learn more about KeyBank’s home lending opportunities and programs, determine whether a property qualifies for Special Purpose Credit Programs, or get started on the journey to homeownership by visiting key.com/communitylending.

NMLS# 399797. KeyBank Member FDIC. Mortgage and Home Equity Lending products offered by KeyBank are not FDIC insured or guaranteed.

NOTICE: This is not a commitment to lend or extend credit. Conditions and restrictions may apply. All home lending products, including mortgage, home equity loans and home equity lines of credit, are subject to credit and collateral approval. Not all home lending products are available in all states. Hazard insurance and, if applicable, flood insurance are required on collateral property. Actual rates, fees, and terms are based on those offered as of the date of application and are subject to change without notice. CFMA #240405-2536034

1Special Purpose Credit Programs are, generally, programs that are established to meet special social needs or the needs of economically disadvantaged persons by extending credit to persons who would probably be denied credit or would receive it on less favorable terms, under certain conditions. See 15 U.S.C. § 1691(c)(1)-(3); 12 C.F.R. § 1002.8(a).

2The KeyBank 2024 Financial Mobility Survey was conducted online by Schmidt Market Research. 1,000 Americans, ages 18-70, with sole or shared responsibility for household financial decisions, who own a checking or savings account, completed the survey in September 2023. The survey asked respondents about their financial attitudes, understanding, awareness and actions over the prior year.

3Special Purpose Credit Programs are, generally, programs that are established to meet special social needs or the needs of economically disadvantaged persons by extending credit to persons who would probably be denied credit or would receive it on less favorable terms, under certain conditions. See 15 U.S.C. § 1691(c)(1)-(3); 12 C.F.R. § 1002.8(a).

4Available on primary residence first lien purchases only. Property must be located in an eligible community as determined by KeyBank. Eligible Communities are subject to change without notice. Additional terms or restrictions may apply. Ask us for details.

5Loan features reduced interest rate and no origination fees. Available on existing primary residence and loans up to $100,000. First or second lien only. Loan must close in a branch. Property must be located in an eligible community in KeyBank’s retail footprint. Additional terms or restrictions may apply. Ask us for details.

6Available on primary residence first lien purchases only. Property must be located in an eligible community in KeyBank’s retail footprint or Florida. Eligible communities are determined by KeyBank and subject to change without notice. Additional terms or restrictions may apply. Ask us for details.