Month: May 2024

PITTSBURGH, May 23, 2024 /3BL/ – PNC Bank has expanded its national Community Advisory Council (CAC) with the addition of nine community development executives representing seven states from across the company’s footprint. The newly appointed members join 11 current PNC CAC representatives who bring a broad range of expertise in community investment lending and services, small business development and economic development.

Formed in 2022 to provide ongoing guidance in support of PNC’s four-year, $88 billion Community Benefits Plan, the newly expanded group of nonprofit, community and business leaders gathers twice a year to advise the bank on critical issues impacting society and to help inform PNC’s community lending, investment and service priorities.

“Community Advisory Council members have been instrumental in the successful implementation of the Bank’s Community Benefit Plan, which has deployed nearly $56 billion in investments and loans to support communities nationwide since launching in 2022,” said Richard Bynum, PNC chief corporate responsibility officer. “The council’s newest advisory members give us an even greater opportunity to engage with the communities we serve and strengthen our impact in affordable housing and other areas of critical need.”

Members of the 2024 PNC Community Advisory Council are:

Barbara Busch, Working In Neighborhoods (WIN), Cincinnati, OHBob Dickerson, Birmingham Business Resource Center, Birmingham, ALBobby Calvillo*, Affordable Homes of South Texas, Inc. McAllen, TXCarl Manning*, Kingdom Community Development, Fayetteville, NCChristie McCravy*, Louisville Metro Affordable Housing Trust Fund, Louisville, KYDarel Ross, Start Garden, Grand Rapids, MIDena Mottola Jaborska*, New Jersey Citizens Action, Newark, NJErnie Hogan, Pittsburgh Community Reinvestment Group, Pittsburgh, PAGustavo Lasala, PeopleFund, Austin, TXHarold Pettigrew*, Opportunity Finance Network, Washington, DCIgnacio Esteban*, Florida Community Loan Fund, Orlando, FLJesse Van Tol, National Community Reinvestment Coalition (NCRC), Washington, DCJoseph B. Anderson, TAG Holdings, LLC, Wixom, MILuis Granados, Mission Economic Development Agency (MEDA), San Francisco, CAMarla Bilonick, National Association for Latino Community Asset Builders, Washington, DCMatt Hull, Texas Association of Community Development Corporations, Austin, TXRudy Espinoza*, Inclusive Action, Los Angeles, CASeema Agnani, National Coalition for Asian Pacific American Community Development, Washington, DCWatchen Bruce*, Baltimore Community Lending, Baltimore, MDWill González*, CEIBA, Philadelphia, PA

*Newly appointed

Launched in 2022 and scheduled for completion in 2025, PNC’s Community Benefits Plan will provide $88 billion in loans and investments and other financial support to bolster economic opportunity for low- and moderate-income individuals, communities and people of color. For more information about PNC’s Community Benefit Plan please see the most recent impact report at pnc.com.

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com. 

CONTACT: 
Asia Rambo 
(404) 495-6386 
asia.rambo@pnc.com

DALLAS, May 23, 2024 /3BL/ – Mary Kay Inc., a corporate cheerleader in support of STEM education and youth pursuing their dreams, recently awarded three standout high school scientists, selected from more than 1,600 participants, with grants at the Regeneron International Science & Engineering Fair (ISEF) in Los Angeles. The grants—totaling nearly $10,000—were awarded to students with innovative projects focused on finding cures for cancers affecting women, sustainable packaging innovation, and protecting our planet’s most valuable resources.

ISEF, a program of Society for Science for over 70 years, is the world’s largest global science competition for high school students. Through a global network of local, regional, and national science fairs, millions of students are encouraged to explore their passion for scientific inquiry. Each spring, a group of these students is selected as finalists and offered the opportunity to compete for approximately $9 million in awards and scholarships.

“These future STEM leaders demonstrated innovative research, creative solutions, and novel approaches to complex problems that will directly impact cures for cancer, sustainable business practices, and redefine industry norms,” said Kristin Dasaro, Director, Package Engineering and Sustainability at Mary Kay. “We have so much to learn from this next generation and Mary Kay is honored to support them in their STEM journeys.”

MEET THE STUDENT SCIENTISTS

First Prize: Keshvee Sekhda and Nyambura Sallinen (Georgia, USA) 
IdentiCan: The App That Detects Brain, Breast, Lung, Skin, and Pancreatic Cancer 
App utilizing AI technology to identify cancerous tumors with 99.6% accuracy.

Second Prize: Madalena Filipe and Frederico Mauritty (Lisboa, Portugal) 
HidroQapa: Waterproof Bioplastic Made From Chitosan Extracted From Shrimp Shell Waste 
Creating sustainable, biodegradable materials from crustacean shells, helping to reduce waste and environmental pollution.

Third Prize: Carolina de Araujo Pereira da Silva (Rio de Janeiro, Brazil) 
Rock the Metals! Investigating Manganese as a Trigger of Malignancy and Metal Transporters as Targets in Cancer Treatment 
Researching how metals and their transporters affect cancer cell behavior for novel therapeutic cancer treatments.

About Mary Kay 
Then. Now. Always. One of the original glass ceiling breakers, Mary Kay Ash founded her dream beauty brand in Texas in 1963 with one goal: to enrich women’s lives. That dream has blossomed into a global company with millions of independent sales force members in more than 35 countries. For 60 years, the Mary Kay opportunity has empowered women to define their own futures through education, mentorship, advocacy, and innovation. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skincare, color cosmetics, nutritional supplements, and fragrances. Mary Kay believes in preserving our planet for future generations, protecting women impacted by cancer and domestic abuse, and encouraging youth to follow their dreams. Learn more at marykayglobal.com, find us on Facebook, Instagram, and LinkedIn, or follow us on Twitter.

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Mary Kay Inc. Corporate Communications 
marykay.com/newsroom 
972.687.5332 or media@mkcorp.com

A deadly storm passed through the Greater Houston area on May 16, 2024, leaving behind a trail of damage. Many Houstonians woke up to scenes of destruction after the storm swept through with winds of up to 100 mph, causing mass power outages and widespread destruction. To assist with critical food and water distribution as the area recovers, the Baker Hughes Foundation has issued a $75,000 grant to the Houston Food Bank. Baker Hughes and its employees have been long-standing partners of the Houston Food Bank, recently recognized with a third Gold President’s Volunteer Service Award, and are proud to assist in efforts across their 18-county service area as part of the company’s commitment to support the communities where employees live and work.

May 23, 2024 /3BL/ – A new benchmark analysis of 15 major U.S. automotive companies reveals inconsistencies between companies’ public climate commitments and their direct and indirect lobbying practices. This contradiction poses a significant risk to their market position as the global shift towards zero-emission vehicles (ZEVs) accelerates, particularly with countries like China leading the way.

The assessment, Driving Change: Evaluating Automotive Companies’ Climate Policy Advocacy, finds that while these companies are deeply involved in climate policy engagement and are taking steps to reach their climate commitments by advocating in support of certain climate policies, nearly a quarter of the automotive companies assessed have not demonstrated commitment to Paris-aligned climate policies. At the same time, they and their trade associations have engaged in practices that are actively undercutting the policies that are key to the shift to clean transportation—and that they’ve committed to supporting.

The good news is that some companies in this sector and other high-emitting sectors are beginning to take notable steps to hold their trade associations accountable, while more investors hold companies accountable. The analysis points to Ford’s decision to leave the Truck and Engine Manufacturers Association over lobbying against a proposed Environmental Protection Agency rule to reduce carbon emissions in heavy-duty trucks. General Motors disclosed it is taking steps to influence the stances of lobbying groups, including the Alliance for Automotive Innovation and the National Association of Manufacturers, on policies, such as the Inflation Reduction Act.  

“Our analysis underscores the need for significant improvement across the transportation sector in consistently supporting policies that accelerate the adoption of clean vehicles in the U.S. and reduce tailpipe emissions,” said Michael Kodransky, Senior Director of Transportation at Ceres. “For example, during the past three years, most of the 15 companies analyzed have lobbied against state and federal vehicle emissions regulations that would spur market growth and reduce climate pollution. Automakers should not only be supporting these regulations, but also leveraging the incentives of other policies including the Inflation Reduction Act and the Infrastructure Investment and Jobs Act to unlock investment and demand for clean cars and trucks.”

The Ceres analysis provides several recommendations for responsible policy engagement including:

Directly advocate for policies that will help meet climate pollution reduction targets.Continue to advocate indirectly through trade association memberships aligned with the organization’s climate goals.Minimize inconsistency in climate advocacy across different regions.

This is the third sector analysis on responsible policy engagement practices released by Ceres, following analyses of the banking and electric utilities sectors. Responsible policy engagement consistent with climate science is an essential expectation of the Ceres Ambition 2030 initiative, which aims to decarbonize the highest emitting industries—electric power, banking, food, agriculture, oil and gas, steel, and transportation. These sectors contribute to about 80% of total U.S. emissions.

“Ceres’ analysis on the automotive industry highlights companies’ inconsistent climate advocacy through direct lobbying and trade associations, why this is problematic and best practices for automotive companies to use going forward,” said Dominic Gogol, Deputy Director of Policy for the We Mean Business Coalition. “As the largest source of domestic emissions, automakers are a key player in the U.S. economy’s transition from fossil fuels to clean solutions. They can wield their influence more effectively to ensure the passage and implementation of clean, efficient transport policies that will help to build more prosperous economies and resilient communities.”

Since Ceres began advocating for companies to evaluate their lobbying practices in 2016, followed by two benchmark analyses of the S&P 100 companies, more companies have made strides to align their lobbying practices with their climate goals. Dominion Energy acknowledged that their trade associations have historically opposed climate policies, while Eversource, another energy company, left the American Gas Association as part of an effort to prioritize decarbonization. In March, it was reported in the media that at least 37 corporate members of the U.S. Chamber expressed concerns about the Chamber’s climate policy position, citing conflicts with their own climate goals.

Additionally, advocacy in favor of Paris-aligned climate policies is a top priority for investors, who aim to reduce their portfolio risks from climate change and maximize the opportunities the energy transition presents. Just last month, 38.4% of Bank of New York Mellon Shareholders voted in favor of the company disclosing its direct and indirect lobbying. Ahead of this year’s proxy season, a similar effort at Stride earned 49.5% shareholder support.

“With so much on the line with a ramp-up in competition from abroad as the U.S. market shifts to a clean economy, all companies across every sector need to follow in the footsteps of the companies holding their lobbyists accountable,” said Steven Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets at Ceres. “Failure to act now will not only jeopardize their market position, but also the future of our economy and planet.”

About the Ceres Accelerator for Sustainable Capital Markets 

Ceres is a nonprofit advocacy organization working to accelerate the transition to a cleaner, more just, and sustainable world. The Ceres Accelerator for Sustainable Capital Markets aims to transform the practices and policies that govern capital markets by engaging federal and state regulators, financial institutions, investors, and corporate boards to act on climate change as a systemic financial risk. For more information, visit ceres.org and ceres.org/accelerator.

Media Contact: Diane May, dmay@ceres.org, 617-247-0700 ext. 220

RESTON, Va., May 22, 2024 /3BL/ – CACI International Inc’s (NYSE: CACI) President of Operations Support and Services Meisha Lutsey took home the 2024 Women in Technology (WIT) Leadership Award in the Corporate Large Market Sector category at its 25th awards ceremony. 

Lutsey oversees a team of over 3,500 that is on the frontlines of the unrelenting efforts to keep our nation safe and defend American freedom. This team delivers strategic and integrated offerings focused on mission support to military, national security, and homeland security customers worldwide. Her leadership, marked by a steadfast commitment to authenticity, integrity, and trust, has profoundly strengthened customer relationships and consistently propelled CACI to success. 

As a result, CACI recently secured a $2.7 billion intelligence contract to provide network and exploitation analysis in support of foreign intelligence and cybersecurity missions. 

“Meisha’s outstanding effort embodies CACI’s core values of ethics, integrity, and grit,” said CACI President and CEO John Mengucci. “She is a tireless leader who is widely respected for her unwavering commitment to her team and our customers. Whether on the ground in conflict areas or working to identify and confront threats on the dark web, she and her team are dedicated to making the world a safer place and protecting the security that all Americans depend on.”

“I’d also like to honor two additional leaders—Neha Saijpaul and Neethu Shenoy—who were named as finalists in separate categories,” said Mengucci. “These remarkable women exemplify the extraordinary expertise and dedication that CACI is known for, and the absolute best of our outstanding workforce.”

Saijpaul was a finalist in the STEM Leadership category. At CACI, she serves as a delivery execution lead on an essential program supporting national security. She has played a central role in implementing the company’s Agile Solution Factory, one of the largest agile software development initiatives for the federal government. 

Shenoy was a finalist in the Rising Star category. She is a data management lead carrying out pioneering work and leveraging AI and machine learning to push the boundaries of cybersecurity, risk management, and data analytics. Shenoy works to establish security metrics and enforce information security policies, reflecting her commitment to maintaining high security standards and impacting the cybersecurity landscape.  

CACI is a proud sponsor of WIT, a not-for-profit organization with the mission of advancing women in technology who work in the greater Washington, D.C. area. 

CACI is home to countless talented women whose individuality and ingenuity elevate their teams and the company as a whole. The company is a proud sponsor of WIT as well as many other organizations that focus on promoting STEM education for underserved groups, including STEM for HER, Morgan State University’s Society for the Advancement of Computer Science, and George Mason University’s Early Identification Program and Chapter of the Society of Hispanic Engineers. 

CACI is diligent in its focus on attracting and hiring diverse talent, supporting the next generation of STEM talent, and giving back to the communities where its employees live and work. Explore the boundless careers offered at CACI, a company where all employees are given the resources and support they need to thrive.

About CACI

At CACI International Inc (NYSE: CACI), our 24,000 talented and dynamic employees are ever vigilant in delivering distinctive expertise and differentiated technology to meet our customers’ greatest challenges in national security and government modernization. We are a company of good character, relentless innovation, and long-standing excellence. Our culture drives our success and earns us recognition as a Fortune World’s Most Admired Company. CACI is a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at www.caci.com.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2023, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

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Corporate Communications and Media:                                        
Lorraine Corcoran                                                               
Executive Vice President, Corporate Communications                  
(703) 434-4165, lorraine.corcoran@caci.com