Month: June 2024

Eastman

For centuries, we have consumed without limits. We are now facing the consequences. Are we too late, or can we do better?

In recent years, we’ve noticed the huge impact the take-make-waste model has had on our planet. With tons of plastic waste trashed every year, plastic is everywhere — in our oceans, in landfills, and in incinerators.

What if plastic waste could be transformed into new materials again and again, keeping it in use without downcycling? With Eastman’s new molecular recycling technology, it can.

Committed to recycling 50 million tons of plastic waste by the end of 2030, Eastman is reducing the amount of plastic waste that pollutes our planet. With the world’s largest molecular recycling plant, we will use hard-to-recycle plastic to produce new plastic that can be used over and over again — without compromising its quality or strength.

We are not doing it alone.

With partnerships and collaborations with other companies that put the planet first, we are working together to make the world better.

Together, we will create a truly circular economy.

At Eastman, we’re revolutionizing recycling with our molecular recycling technologies. But it’s going to take all of us working together to find innovative ways to create a truly circular economy. Are you in?

Explore more sustainable solutions and connect with us at https://www.eastman.com/en/sustainability/environmental/circularity

Follow for updates on our latest innovations. LinkedIn: eastman Instagram: eastmanglobal Facebook: eastman Twitter: eastmanchemco 

Supporting the company’s commitment to sustainability, Southwire is pleased to announce its provision of the medium-voltage cabling for the shore power connection system commissioned by PortMiami in Miami, Fla. The shore power project is the largest on the U.S. eastern seaboard, offering shore power capability at five cruise berths.

“As Mayor, I vowed to protect our environment; shore power has been my personal dream and initiative. We embarked on this journey in 2021, thanks to an innovative partnership with our major cruise line partners and Florida Power & Light Company,” said Miami-Dade County Mayor Daniella Levine Cava. “Shore power is a great example of progress in tourism and clean energy converging. Together, we are creating jobs, expanding our economy, and preparing to meet the dynamic needs of tomorrow.”

The PortMiami shore power project is an important milestone towards sustainability within the maritime sector, concurrently bolstering essential U.S. manufacturing jobs at Southwire’s facility in Starkville, Miss.

“We are thrilled to be a key supply chain partner on this transformational project,” said Norman Adkins, Southwire’s Chief Operating Officer. “Port electrification in the United States is quickly gaining momentum, and Southwire is committed to providing products that meet the growing and evolving demands of the maritime market.”

Funded by the Environmental Protection Agency (EPA), the project will enable as many as three ships to plug in simultaneously at five of PortMiami’s cruise terminals, allowing ships to turn off their diesel engines and rely instead on cleaner and more efficient onshore power generation.

“We are excited to be part of the first installation of shore power along the South Atlantic coast,” said Acting Regional Administrator of the EPA, Jeaneanne Gettle. “Through the Diesel Emission Reduction Act (DERA), EPA is able to leverage significant funding to implement projects like this one with PortMiami to address particulate pollution and climate-related emissions.”

“We would like to thank Hypower, a leader in port electrification, for working with us on this project, as well as our partners Electric Supply Inc. of Tampa and Marvin Bochner for helping us realize this opportunity,” said Ryan Tramonte, Ports & Airports Strategic Vertical Lead at Southwire.

For more information regarding Southwire port electrification products, please contact Ryan Tramonte, at ryan.tramonte@southwire.com.

For more Southwire news, visit www.southwire.com/newsroom.

June 21, 2024 /3BL/ – The Wells Fargo Foundation announced today a $500,000 grant for Neighborhood Housing Services of Chicago, Inc. (NHS) in support of its Chicago Flats Initiative. The goals of the initiative are to preserve and rehab two- and four-flats, maintain rental affordability, and help homeowners build wealth. To accomplish these goals, NHS is connecting homeowners and renters to available mortgage and rental assistance programs.

“We want to make sure we continue stabilizing housing for both renters and owners,” said Neighborhood Housing Services President and CEO Anthony E. Simpkins. “According to our data, homeowners have 40 times the net worth of renters, so finding development solutions to foster the building of more affordable homes in our communities is a great return on investment.”

The Chicago Flats Initiative will provide:

HUD-certified financial counseling services and Homebuyer Education classes
 Foreclosure prevention resources to keep homeowners of two-and four-flats in their homes
 Competitive mortgage loans through NHS
 Home purchase assistance up to $15,000 for home improvement loans
 Health and safety inspections
 Construction management services

Enterprise, Institute for Housing Studies, Elevate, Preservation Compact, Greater Chatham Initiative, Resident of Greater Englewood (RAGE), Garfield Park Community Council, and Communities United are all partners on the Chicago Flats Initiative.

“We’re excited to partner with NHS on this innovative program that will make a real difference in Chicago communities,” said Trina Shepherd, Philanthropy and Community Impact Specialist at Wells Fargo. “Wells Fargo is dedicated to supporting initiatives designed to help close the wealth gap, boost homeownership, and revitalize communities.”

Since 2018, Wells Fargo’s philanthropic giving totaled nearly $40 million within Chicago in support of housing, small business growth, financial health, sustainability, and more.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 47 on Fortune’s 2023 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories. 

Additional information may be found at www.wellsfargo.com 

LinkedIn: https://www.linkedin.com/company/wellsfargo

About Neighborhood Housing Services of Chicago, Inc.

NHS of Chicago is a nonprofit organization working in partnership with businesses, government, and neighborhood residents to develop and support Chicago’s neighborhoods. NHS offers a variety of homebuyer education classes, financial literacy instruction and provides HUD-certified counselors in efforts to stabilize communities and create neighborhoods of choice.

Contact Information

Jéntill Neal

Wells Fargo
jentill.neal@wellsfargo.com 

In this episode of ESG Talk, host Mandi McReynolds reflects on her conversation with AT&T’s Chief Sustainability Officer, Charlene Lake. They discuss the importance of achieving audit-ready ESG data and the crucial role technology plays in tracking and reporting emissions data.

Listen Now

Looking for more? Subscribe to the ESG Talk podcast on Apple, Spotify, and YouTube.

ESG Talk is brought to you by Workiva, the world’s only unified platform for financial reporting, ESG, audit, and risk. Learn more at workiva.com.