“I Can See My Work Come to Life”: Collins N. on Making an Impact at Cummins Inc.

Cummins

When Collins N. first read about Nikola Tesla, he didn’t just see an inventor, he saw a model for what engineering could be: imaginative, bold and rooted in impact. “Tesla’s forward-thinking approach to engineering inspired me to pursue innovation,” Collins said. That early curiosity about how things work and how ideas become real-world solutions led him to enter math and physics competitions, tinker with machines and eventually pursue mechanical engineering at Howard University.

As a student, Collins joined the Cummins × NSBE Integrated Pipeline Program (IPP), which provided both a scholarship and an internship. His first internship in 2021 brought him to Cummins Turbo Technologies (CTT) as a Customer Application Engineer intern. A year later, he returned to work at Cummins as a Systems Engineer. After graduating in 2023, Collins joined Cummins full-time through the Engineering Development Program. His first rotation placed him in the engine business unit, where he supported OEM integration efforts for the B7.2 product. In June 2024, he transitioned into his current role as a Customer Application Engineer at CTT.

Today, Collins helps customers ensure that turbochargers are properly integrated and optimized for their specific applications. He works cross-functionally to review technical documentation, analyze performance data, support turbo builds and tests and ensure we meet all standards and customer expectations. “The cool factor is seeing something you’ve worked on come to life—knowing that our solutions are making a real difference out there,” he shared. “Even while I’m still learning, I can see how my work contributes to something bigger.”

Collins currently works hybrid, spending two days a week in the office and the rest remotely. “Office days are great for collaboration in the lab and test cell,” he said. “Remote days give me focused time to dig into technical details. It’s a great balance.” He appreciates how leaders at Cummins emphasize trust and flexibility, focusing on outcomes rather than micromanaging schedules. That trust has helped him stay productive while maintaining energy and well-being outside of work.

Staying energized matters, and Collins makes a point of fueling his creativity beyond the office—curating music playlists, discovering new artists and traveling to experience different cultures. “Those moments of inspiration and movement help me recharge and bring new perspective to my work,” he said. He also keeps active with regular workouts and outdoor activities, which help him stay sharp throughout the week.

When asked what originally drew him to Cummins, Collins pointed to the culture. “My classmates at Howard who had interned here always spoke highly of the company—how supportive and inclusive it was,” he said. “Once I joined, I saw it for myself.” From his very first experience with Cummins, he noticed how open people are to sharing knowledge, mentoring and encouraging growth. “Our open-door culture isn’t just a phrase—it’s something you feel every day.”

That culture of inclusion is especially important to Collins. He’s active in employee resource groups, including the Cummins Black Network (CBN), and appreciates Cummins’ impactful work with Historically Black Colleges and Universities. “From day one, I felt like I belonged,” he said. “Our leaders make space for diverse voices, and that’s not something you find everywhere.”

Looking ahead, Collins is excited about growing deeper in his role and continuing to build technical expertise. Eventually, he plans to pursue an MBA to complement his engineering experience with business and leadership skills. “I want to be a bridge between technical excellence and strategic thinking,” he said. “There’s a lot I still want to learn, and I know I’m in the right place to do that.”

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2024 FedEx Cares Report: Team Members Donate Over 3,000 Totes in the 2024 Purple Totes Grant Contest

FedEx Cares celebrated the winners of the 2nd annual Purple Totes Grant Contest. More than 2,500 volunteers collected over 3,000 totes filled with much-needed items for nonprofits worldwide. Teams competed by posting their contributions to social media for a chance to win a $5,000 grant for the nonprofit of their choice.

FedEx donated $30,000 to nonprofits selected by the 2024 contest winners:

  • Small Division: Bundle Up Hampton Roads, Norfolk, Virginia, U.S.
     
  • Medium Division: Western Australia Legendaries, Perth, Western Australia
     
  • Large Division: Repair Service Center, Collierville, Tennessee, U.S.
     
  • Most Creative Winner: Santa Paws, Carlisle, Pennsylvania, U.S.
     
  • Most Impactful Winner: NZJA, Irvine, California, U.S. 
     
  • Most Engaging Winner: LoveCat@TW, New Taipei City, Taiwan

FedEx supports the USO’s mission to strengthen the well-being of the people serving in America’s military and their families

For 24 years, FedEx has supported the USO through in-kind shipping, cash grants and volunteering. FedEx enhances the USO’s operational capabilities by sharing logistics expertise, streamlining processes, and implementing advanced communication systems. Our team members volunteer at kitting events to assemble care packages containing everyday essentials and holiday items. These packages serve as tangible symbols of gratitude and support for service members deployed around the globe.

Click here to learn about FedEx Cares, our global community engagement program.

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Teva’s Journey to 100% Renewable Electricity: Bold Targets, Bold Solutions

Reaching 100% renewable electricity in 10 years – that’s a bold target. And bold targets require bold solutions.

One way Teva is working toward this target is through Virtual Power Purchase Agreements, or VPPAs. These are long-term contracts that help build new clean energy projects, like solar farms. They go beyond Teva sites and bring more renewable energy into the public grid. 

Teva just signed its second VPPA for a new solar project in Bulgaria. Together with the Spain VPPA already in place, this has the potential to cover 90% of Teva’s electricity needs in Europe.

Over the life of the agreement, the project is expected to avoid approximately 15,840 metric tons of CO₂e emissions per year [1], supporting Teva’s goal to reduce Scope 1 and 2 emissions by 46.2% by 2030. It also sets a precedent for integrating storage within VPPA structures, enhancing grid resilience and the value of renewable energy procurement.

“This agreement represents another significant step forward in our decarbonization journey,” said Josh Decktor, Vice President, Head of Global Environment Health Safety & Sustainability, Teva. By investing in a newly built solar asset with integrated storage, we are not only securing clean energy but also enhancing grid resilience and flexibility – key components of our strategy to meet our science-based targets.”

It’s complex – complementing on-site solutions by expanding renewable energy at the grid level. But with true teamwork across the company and with its partners, Teva is delivering on its promise to contribute to a healthier planet.

Want to learn more about Teva’s targets and  progress towards them? Read the latest Healthy Future Report: https://ow.ly/EXR250X23Fs

 

[1] Total expected volume of electricity generated the first year of the PPA (60 GWh) x 2024 Bulgarian electricity carbon intensity (264 gCO₂e/kWh – Our World in Data) = 15,840 tCO₂e”

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Sappi Showcases “What’s Next” in Sustainable Packaging at PackExpo Las Vegas

BOSTON, September 29, 2025 /3BL/ – At PackExpo Las Vegas, Sappi North America will feature its What’s Next campaign, showcasing new products, expanded capabilities, and sustainable solutions for converters, brand owners, and consumers. From September 29 to October 1, Sappi will be at Booth SL-19005 in the Materials and Containers Pavilion (South Hall Lower), where attendees can learn about new product launches, expanded capabilities, and the company’s commitment to responsible production.

Expanded Capacity for Reliable Supply

Sappi will highlight the recent upgrade and expansion of its Somerset Mill in Maine, now home to PM1 and PM2—the most advanced paperboard machines in North America. With this investment, Sappi has more than doubled its SBS capacity to 920,000 tons per year, ensuring dependable delivery and consistent quality backed by built-in supply redundancy.

“This expansion positions us to serve our customers with even greater speed and reliability,” said Paul Bortolan, Vice President of Sales and Marketing. “From high-quality packaging to everyday consumer goods, Sappi delivers the strength, performance, and environmental responsibility today’s brands expect.”

New Product Launches: LusterFSB and Proto Max

  • LusterFSB 
    Sappi’s trusted food service board is now BPI-certified compostable (12–24pt in commercial facilities). Independently tested and verified to break down successfully according to the requirements in ASTM D6400-21. LusterFSB delivers superior convertibility, consistent reliability,and exceptional printability.
  • Proto Max 
    Engineered for demanding applications, Proto Max offers efficiency, strength, and durability. With improved stiffness and a proprietary coating formulation, it provides a uniform print surface optimized for laser etching. Proto Max offers consistent performance in high-speed filling lines for industries where precision matters most, including healthcare, cosmetics, and consumer electronics.

Both products are backed by Somerset Mill’s new capacity, giving customers the assurance of secure supply and consistent quality with every run.

Sappi Sponsors Vicki Strull: The Touch Advantage

Sappi is sponsoring an exclusive session featuring packaging strategist Vicki Strull, who will explore the impact of physical touch on consumer behavior.

  • Session Title: The Touch Advantage: Untouched is Unsold
  • Date/Time: Tuesday, September 30 | 2:00 – 2:30 p.m.
  • Location: Innovation Stage 3 (W-4318)
  • Bonus: Free copy of The Touch Effect (while supplies last)

Key Takeaways:

  • Consumers are 50% more likely to purchase after two physical interactions
  • Premium materials reduce the number of touches needed to drive conversion
  • Tactile experiences build emotional connections and enhance brand loyalty

Booth Highlights

Visitors to Booth SL-19005 can:

  • Take a “touch test” to experience the impact of premium materials
  • Pick up new product samples, including LusterFSB and Proto Max
  • Explore Sappi’s portfolio of paperboard, flexible packaging, containerboard, and label papers

Sappi continues to advance versatile, high-performing, and environmentally responsible solutions designed to elevate brands and shape the future of packaging.

About Sappi North America, Inc. 

Headquartered in Boston, Massachusetts, Sappi North America, Inc., is a leader in converting wood fiber into superior products that are used worldwide. Sappi NA has a corporate office in Portland, Maine and mills in Skowhegan and Westbrook, Maine, Cloquet, Minnesota, and Matane, Quebec, along with a dedicated Technology Center and Sheeting Facility. Sappi NA employs approximately 2,100 people in the United States and Canada.

Sappi NA uses a renewable, recyclable natural source – woodfiber – to create packaging, specialty papers, graphic papers, and pulp that make everyday products more sustainable. Sappi supports sustainable forestry and sustainable manufacturing to mitigate climate change, protect biodiversity and improve soil and water quality.

Sappi North America is a subsidiary of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with more than 12,000 employees and manufacturing operations on three continents in seven countries and customers in over 150 countries. To learn more, visit www.sappi.com

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Contacts

Contact: April Jones

Corporate Communications Manager, Sappi North America

april.jones@sappi.com

617.398.0691

 

Contact: Hannah Lilly

Client Manager, Broadreach Public Relations

hannahl@broadreachpr.com

207.228.3869

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The Honesty Imperative: Why Truth-Telling Matters in Quantum Science Communication

In the world of quantum science, where the very foundations of reality seem to bend and twist in ways that challenge our everyday intuitions, there’s a temptation to lean into the mystique. Quantum mechanics, with its superposition, entanglement, and uncertainty principles, naturally lends itself to sensational headlines and breathless predictions about revolutionary technologies just around the corner.

But the sixth guiding principle of the International Year of Quantum asks us to resist this temptation: Be Honest. The principle states that while “pride in the past and optimism about the future are welcome, and stories often have to be simplified out of necessity,” we should “always aim to foreground honesty about the past and future of quantum science and technology.”

This isn’t just about scientific integrity—though that’s certainly important. It’s about building genuine understanding and sustainable excitement for one of the most profound areas of modern science.

The Cost of Quantum Hype

We’ve all seen the headlines: “Quantum Computing Will Break All Encryption!” “Quantum Teleportation Achieved!” “The Quantum Internet Is Coming!” While these stories often contain grains of truth, they frequently obscure the nuanced reality of where quantum technologies actually stand today.

When we oversell quantum computing‘s current capabilities, we risk creating what researchers call a “quantum winter”—a period of disappointment and reduced funding when reality fails to match inflated expectations. We’ve seen this pattern before in artificial intelligence, where cycles of hype and disappointment have repeatedly disrupted progress.

Consider quantum computing’s relationship with cryptography. Yes, a sufficiently large, error-corrected quantum computer could theoretically break many current encryption methods. But “theoretically” and “practically” are separated by enormous engineering challenges that may take decades to overcome. Current quantum computers are still in what researchers call the “NISQ era” (Noisy Intermediate-Scale Quantum), where they’re powerful enough to be interesting but not yet powerful enough to threaten our data security.

Honesty Doesn’t Mean Pessimism

Being honest about quantum science doesn’t mean downplaying its remarkable achievements or dimming enthusiasm for its potential. The quantum world has already given us technologies that transformed civilization: lasers, transistors, MRI machines, and GPS satellites all rely on quantum mechanical principles.

Recent advances are genuinely exciting. IBM, Google, and other companies have demonstrated “quantum advantage” in specific, carefully crafted problems. Quantum sensors are approaching sensitivities that could detect dark matter or revolutionize medical imaging. Quantum communication networks are beginning to connect cities, offering unprecedented security for transmitted information.

The difference is in how we frame these achievements. Rather than suggesting quantum computers will soon replace classical computers for all tasks, we can celebrate their growing ability to solve specific problems that classical computers struggle with. Instead of promising quantum sensors will immediately transform medicine, we can highlight their remarkable precision and the specific applications where this precision matters most.

The Challenge of Simplification

Science communication always involves simplification. You can’t explain quantum entanglement without glossing over mathematical formalism that took physicists decades to develop. You can’t discuss quantum algorithms without simplifying concepts that require graduate-level study to truly understand.

The key is conscious simplification—being deliberate about what we’re leaving out and why, rather than accidentally creating misconceptions. When we say particles can be in “two places at once,” we might add that this description, while useful, doesn’t capture the full mathematical reality of quantum superposition. When we discuss quantum teleportation, we can clarify that information—not matter—is being transmitted.

Good science communicators develop a toolkit of analogies and explanations at different levels of complexity, always ready to add nuance when their audience is ready for it. They distinguish between what quantum technologies can do today, what they might do tomorrow, and what they may never do at all.

Building Trust Through Truth

Perhaps most importantly, honest communication builds trust. When the public understands both the genuine promise and the real limitations of quantum technologies, they’re better equipped to make informed decisions about research priorities, policy choices, and personal expectations.

Trust is particularly crucial as quantum technologies move from laboratories into real-world applications. Quantum key distribution is already being used for secure communications in some contexts. Quantum sensors are finding applications in geology, navigation, and medical research. As these technologies mature, public understanding and acceptance will be essential.

Moreover, honesty in science communication reflects the honest uncertainty that drives scientific inquiry. Science is exciting precisely because we don’t know all the answers yet. The questions we’re still working to understand—like how to scale quantum computers, how to reduce error rates, or how to integrate quantum technologies with existing infrastructure—are themselves fascinating.

The Path Forward

As we celebrate the International Year of Quantum, let’s embrace the principle of honesty not as a constraint, but as an opportunity. We can share our genuine excitement about quantum science while acknowledging the hard problems still to be solved. We can celebrate remarkable achievements while maintaining realistic timelines for future breakthroughs.

The quantum world is already strange and wonderful enough without embellishment. By committing to honest communication, we honor both the profound achievements of quantum science and the intelligence of our audiences. In doing so, we build not just excitement, but the deeper understanding that will sustain quantum science through the challenging and exciting decades ahead.

Learn with Keysight

Honest scientific communication begins with rich understanding. Explore quantum breakthroughs and deepen your understanding of quantum technologies with the rich library of quantum resources available through Keysight Learn. Keysight’s quantum experts have curated educational materials that parse complex quantum topics into digestible information that will deepen your understanding without leaning into hype.

This is the sixth installment in our series looking at the International Year of Quantum guiding principles.

You can catch up on the first five here:

No One Owns Quantum Science | Everyone is Invited to the Quantum Revolution | Recognizing Consensus, Honoring Dissent, Admitting Ignorance | Help Others Find Reliable Quantum Information | Modeling the Ideas of Scientific Conduct

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Build Professional WordPress Websites in Minutes With GoDaddy’s Airo® Site Designer

Originally published on GoDaddy Resource Library

By Michael Roehricht

We’re excited to announce that GoDaddy’s Airo® Site Designer has officially exited beta and is now available worldwide for all GoDaddy Managed Hosting for WordPress customers. What started as a bold experiment in AI-powered website creation has quickly become one of the fastest, smartest, and most flexible ways to launch a professional online presence. 

Why website creation needed a rethink 

Building a website has traditionally been slow and complex. From structuring pages and writing content to sourcing imagery and designing for user experience, small businesses often spend 45–90 days (and thousands of dollars) on a new site. 

Meanwhile, nearly 27% of U.S. small businesses still don’t have a website, and of those who do, 70% lack a clear call to action on their homepage. 

We built Airo Site Designer to solve this. With AI-powered speed and WordPress flexibility, Airo Site Designer makes it possible to have a polished, conversion-ready site in minutes, not months. 

How Airo Site Designer works

Curious about how the build process will play out? Here’s a quick overview:

1. Start with your story. Airo asks a few strategic questions about your business, goals, and audience. This forms a tailored site brief.

2. AI builds your site. In under a minute, Airo generates a complete multi-page WordPress site, optimized copy, layouts, and visuals included. 

3. Refine in plain English. During onboarding, simply chat with Airo to swap images, edit text, add pages, or adjust design. Updates happen instantly.

4. Publish when ready. Once you’re satisfied, your site moves seamlessly into WordPress, where you have full control to continue growing. 

And because it’s all built natively in WordPress, your site is never locked down. Extend it with the WooCommerce plugin to add an online store, memberships, booking systems, or any of the 60,000+ plugins in the WordPress ecosystem. 

What makes Airo Site Designer different? 

Most AI site builders stop at cookie-cutter landing pages. Airo Site Designer goes further: 

  • Purpose-built for WordPress. Every site is generated as a fully native WordPress site.
  • Safe sandboxed environment. Build in a controlled preview space, you only publish when you’re ready.
  • Pattern-driven design. Airo Site Designer chooses from 50+ professional patterns to build layouts that follow proven UX best practices.
  • Speed with quality. Sites are generated in under a minute with multiple pages, images, and calls-to-action, not just placeholders.
  • Conversational editing. Adjust your site instantly by asking in plain language.
  • Built to grow. Unlike closed platforms, your site evolves as you grow your business. 

A year of transformation 

Since launching Airo Site Designer in beta earlier this year, we re-launched the product from the ground up: 

  • Twice as fast. AI responses now happen in under 10 seconds.
  • 51 new patterns. Professional layouts for every industry.
  • 200,000+ images. Direct access to Getty’s premium photo library.
  • Real-time previews. See changes instantly as you customize.
  • AI interpreter. Smarter conversations, fewer errors, better results. 

The result? A 95%+ first-try success rate and a dramatic rise in customer satisfaction. 

Exclusive for GoDaddy Managed Hosting for WordPress customers 

Airo Site Designer is available now for all GoDaddy Managed Hosting for WordPress plans. Simply choose “Airo Site Designer” when creating a new site to unlock the full experience. 

With Airo Site Designer, you get: 

  • A professional, business-ready WordPress site in minutes
  • Conversational onboarding that makes site creation super simple
  • Unlimited growth potential with the full WordPress ecosystem 

Ready to build smarter? 

There’s never been a better time to launch your online presence. With GoDaddy’s Airo Site Designer, you’ll go from idea to published WordPress site faster than ever, without sacrificing quality or flexibility. 

Get started with Airo Site Designer today!

In minutes, not months, your business can be online and ready to grow. Welcome to the future of WordPress website creation. 
 

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Living Incomes in Reach for More Cocoa Farmers in Côte d’Ivoire

BONN, Germany, September 29, 2025 /3BL/ – A new study found that higher farmgate prices and Fairtrade interventions are helping certified cocoa farmers in Côte d’Ivoire increase their incomes.

The study, “Assessing Cocoa Famer Income: The household income of cocoa farmers in Côte d’Ivoire and strategies for improvement,” found that 24 percent of farmers are projected to earn above a living income based on the current farmgate price, compared to 7 percent two years ago. Another 50 percent should earn close to a living income.

Commissioned by Fairtrade and conducted by Impact Institute, the multi-part study demonstrates the important role price plays in farmer incomes. For example, when price rose by a third between April 2024 and April 2025, the analysis showed that the amount of farmers earning a living income is on track to almost double from 13 percent to 24 percent.

Following up on studies conducted in 2017 and 2020, researchers surveyed more than 700 farmer households from 31 farming organizations in 2024. Starting with data collected from April 2023 to March 2024, the researchers then modelled famer incomes based on more recent values for cost of production, yield, and price.

Eight-year analysis of income changes shows similar trend

Another part of the study compared 14 farming organizations surveyed in 2017 and 2020, continuing Fairtrade’s commitment to measuring farmer incomes and looking for insights about what contributes most to progress toward living incomes.

Between 2020 and 2024, the study found that farmers at almost all income levels have seen their incomes shift upwards. Fifty-one percent of farmers, up from 44 percent in 2020, were earning incomes above the poverty line, while the median annual income remained stable.

Importantly, the number of famers living in extreme poverty significantly decreased from 36 percent in 2020 to 17 percent in 2024, a 19-point drop. The positive change is even more pronounced when looking back to the 2017 study, which showed 58 percent of farmers living in extreme poverty – reflecting more than 40-point improvement in the past seven years.

Farmers value Fairtrade pricing and trainings for income stability

Farmers said the Fairtrade Premium, the additional sum of money paid on top of the selling price that goes into a communal fund for farmers and workers to use as they see fit, and which is required by Fairtrade Standards, contributed to farmer income stability by improving access to better education, housing, and healthcare for their households.

In addition, farmers said trainings facilitated by Fairtrade supported progress in maintenance and pruning routines, as well as harvesting, processing, and storage techniques. This has led to better income and higher earnings.

Progress toward understanding complexities behind farmer incomes

Other indicators from the study, however, showed a more complicated picture for Ivorian cocoa farmers, who have been feeling the impact of inflation, climate change, and labor shortages. These factors have limited the positive effects expected from higher prices. For example, the study found that the average farm yield increased slightly between 2020 and 2024, from about 1,378 to 1,433 pounds per 2.5 acres (or hectare). However, average farm size and cocoa growing area decreased at the same time. This could indicate that farm measurements are more accurate thanks to geolocation mapping, and yield improvements should be interpreted with caution. In fact, the study also found that cocoa production volumes per household decreased by 29 percent and average production costs increased by 16 percent between 2020 and 2024.

The variables of household and farm size, costs, yields, and price are all important factors when it comes to earning a living income and have been part of how Fairtrade sets Living Income Reference Prices for cocoa and other products. A correlation analysis by the researchers provided insights into the interplay of these factors. For instance, while larger cocoa growing areas correlate with higher incomes, there are diminishing returns on profit per 2.5 acres because farm costs – including extra labor costs – increase as cocoa plot size increases.

This study, which comes at a time when Fairtrade is in the midst of a three-phase plan to strengthen its reference price model for cocoa, will contribute to the multi-stakeholder review process and learnings for the sector.

For the first time, the study analyzed sharecropper income, providing valuable information for the industry about a vulnerable segment of cocoa farmers. The study found that the average sharecropper income is far below the average landowner income, with the majority living in extreme poverty. Fairtrade Standards now require farming organizations to track sharecropper farmers and make sure that written contracts exist between sharecroppers and landowners within their membership.

“It’s good confirmation that higher farmgate prices are indeed making a significant difference for farmers,” said Jon Walker, Senior Advisor, Cocoa, Fairtrade International. “However, we have to continue to measure and explore how farmers are improving yields in the face of climate change pressures, as well as understand the dynamics of farm size and household size which this study shows are highly influential in the difference between earning a living income or not.”

To learn more and to access the complete study please visit our website here.

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About Fairtrade America

Fairtrade America works to rebalance trade, making it a system rooted in partnership and mutual respect rather than exploitation. It’s about businesses, shoppers, farmers and workers all working together so we can all experience the benefits of trade. Fairtrade America is the U.S. branch of Fairtrade International, the original and global leader in fair trade certification with more than 30 years of experience working for fair trading practices in more than 30 countries across the globe. A non-profit 501(c)3 organization, Fairtrade America is part of the world’s largest and most recognized fair trade certification program — part of a global movement for change. Learn more at fairtradeamerica.org, and by connecting with Fairtrade America on Facebook, Instagram and LinkedIn.

About Impact Institute

Impact Institute is a social enterprise dedicated to empowering organizations and individuals to realize the impact economy – an inclusive and sustainable economy that works for all. It focuses on key societal transitions: the sustainable finance transition (to price in externalities), the energy transition, and the food transition (towards a clean, fair, and future-proof system). In addition, Impact Institute helps organizations address complex sustainability topics such as biodiversity, human rights across value chains, and transparent reporting. Its expert teams provide strategy, tools, data, education, and services to measure, report, and manage impact.

Press Contact:

Liz Davis, ldavis@fairtradeamerica.org

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Grid Investments in the Age of Electrification, AI and Data Ascendency

by Ron Pernick, Clean Edge

When Clean Edge was founded back in 2000, we had a very clear sense that a host of emerging clean technologies – spanning renewables, the grid, transportation, and more – would experience learning curves and growth trajectories more akin to the internet and computers than to extractive energy sectors such as oil and gas. In hindsight, this thesis seems obvious, but at the time it was a radical concept that was just being embraced by a small cohort of tech and investment experts who had witnessed similar breakthroughs in the high-technology sector. After 25 years, clean tech and high tech are now firmly converging, especially at the intersection of the electric grid. 

The statistics speak for themselves:

• Solar and wind are now the most cost-competitive and fastest-to-deploy sources of energy across most of the globe.

• Solar and storage have exhibited learning curves of 20% and 18%, respectively. A “learning curve” is the decline in cost for every doubling of manufacturing output globally – much like Moore’s Law for transistors on chips.

• Globally, on average, it takes nearly eight years to build a new nuclear power plant (much longer in places like the U.S. and U.K.) while it takes one and a half to three years to build a solar farm with integrated energy storage. New natural gas turbines are currently backlogged out to 2028-2030.

• In 2024, renewables represented a record ~90% of new electricity capacity additions both in the U.S. and globally.

• More than 17 million electric vehicles were sold worldwide last year and reached nearly half of all passenger vehicles sold in China, the largest global market by far with an estimated 11 million EVs sold.

• Datacenters are moving into the hyperscale, with Meta and others now building GW-size plants that require from 1 GW to 5 GW of operating power, enough capacity to power an entire city.

Which brings us to the electric grid. As renewables penetration grows, electrification of heat and transportation takes off, and new power-hungry AI-driven datacenters expand, the need for a modern 21st-century grid is not a “nice-to-have” but a necessity.

Read Ron’s very informative and useful article herehttps://greenmoney.com/new_version/grid-investments-in-the-age-of-electrification-ai-and-data-ascendency

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AllianceBernstein: How a Stewardship Lens May Help Sort Corporate Leaders from Laggards

Luke Pryor| Portfolio Manager—Security of the Future; Co-Portfolio Manager—Strategic Equities and Responsible US Equities

Kathleen Dumes, CFA| Senior Investment Strategist

Erin Bigley, CFA| Chief Responsibility Officer

Water scarcity, supply-chain risk and board-level decisions underscore the importance of a stewardship lens.

Companies today face intensifying pressures—from surging electricity demand and water shortages, to shifting policies and regulations, to a rise in megamergers. How companies handle these pressures matters to their bottom lines—and to shareholder value. The challenge for investors is determining which businesses will adapt and thrive, and which will struggle. In our view, applying a stewardship lens can help.

That means assessing how companies manage the fundamentals that drive long-term value: resource use, supply chain practices and governance. We believe that companies that conserve water and energy, demonstrate sophistication around their supply chains and maintain corporate discipline are better positioned to protect margins and preserve capital. That discipline can translate, in our analysis, into more resilient earnings and stronger shareholder outcomes over time.

When Drought Hits Chipmakers

Taiwan’s semiconductor industry is a case in point.

Taiwan is home to dominant global semiconductor chipmakers that require substantial amounts of water—particularly the ultrapure variety used in the chip-manufacturing process. But Taiwan has a long history of restricting water consumption during drought conditions, making the country’s chipmakers vulnerable to environmental disruptions.

In 2021, Taiwan endured its worst drought in decades, leading to water rationing and production cutbacks. In many cases, manufacturers were ordered to reduce water consumption by up to 15%, prompting some firms to truck in water and drill wells just to keep factories running.

As droughts become more frequent, we expect Taiwan’s semiconductor industry to face sustained climate-related water stress, even as chip demand rises.

Rising energy demand is another concern. The International Energy Agency projects that worldwide electricity demand will climb 3.3% in 2025, followed by 3.7% in 2026—driven in part by power-intensive artificial intelligence (AI) data centers.

Against this challenging backdrop, firms have an opportunity to materially differentiate themselves. Our analysis shows that companies with thoughtful water and energy conservation programs have more effectively navigated environmental constraints than their competitors—resulting in lower costs, greater operational efficiency and higher profits.

From 2021 through 2023—the most-recent period with robust data—we found that companies that reduced water intensity (water volume per unit of production) by 10% or more achieved median margin expansion across sectors up to 362 basis points (bps) greater than peers that increased water intensity by 10% or more (Display).

Supply Chains Under Strain

COVID-19 highlighted the vulnerabilities of global supply chains. Since then, we’ve seen a broad realignment, with companies reshoring some operations, diversifying suppliers and building new regional hubs. These shifts have unfolded against a backdrop of rising policy uncertainty.

For example, the Biden administration’s AI Diffusion Rule—set to impose tiered restrictions on AI chip exports from the US—was scheduled to take effect in May 2025. Just days before implementation, the Trump administration rescinded it and issued new guidance limiting the use of advanced Chinese chips and imposing fresh export controls on certain technologies.

Episodes like these, along with a spate of new tariffs, illustrate the recent volatility of trade and export policy. In our view, companies with concentrated supply chains are especially exposed, while those that diversify sourcing geographically are better able to adapt.

Beyond where supply chains are located, companies’ ability to respond effectively to supply chain shocks also matters. Our research shows that firms that set strong sourcing standards generated bigger profits than their peers during the US–China trade war of 2017–2019. Export-oriented companies with practices such as monitoring safe working conditions achieved gross margins up to 160 bps higher than peers without those practices (Display). In today’s volatile geopolitical climate, we believe this kind of gap could widen.

We believe the ability to set sophisticated sourcing standards indicates capable supply chain management. In our view, it’s a useful barometer for investors to gauge which companies may be best positioned to manage policy volatility.

Board Oversight and Deal Discipline

A stewardship lens should also include board oversight—a key hallmark of good governance. Merger and acquisition (M&A) activity is gaining steam in a less stringent regulatory environment, leaving fewer external constraints on management decisions. Weakened external guardrails underscore the importance of effective corporate boards that ensure alignment between a company’s management and its shareholders.

Typically, one of the biggest disconnects between management and shareholders is large-scale merger and acquisition (M&A) activity. In our analysis, many large deals benefit the executives that initiate the deals at the expense of shareholders. In fact, we found that large, transformational deals were followed by underperformance roughly two-thirds of the time. Of the 74 companies involved in M&A deals larger than US$5 billion since 2015, 51 underperformed their benchmark during the ensuing three-year period (Display).

In our analysis, companies with strong governance structures tend to demonstrate greater M&A discipline—helping to preserve capital and shareholder returns in the process. As regulatory barriers to large-scale M&A ease, we believe strong governance could help companies avoid value-destroying M&A.

The link between corporate stewardship and shareholder value is often overlooked, but ignoring it may have material ramifications, in our view. In today’s uncertain environment, we think a stewardship lens offers investors a clearer way to separate leaders from laggards.

The authors would like to thank Michael Crovetto, Research Analyst, for his invaluable contribution to this piece.

The views expressed herein do not constitute research, investment advice or trade recommendations, do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.

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The ROI of Resilience: Supply Chains, Finance and AI

Originally published on Forbes

If supply chains are where vulnerabilities show up operationally, finance is where they land with impact and finality. Today’s CFO cannot steer the business on carbon numbers alone. Making this shift means answering questions like:

•“How do we integrate sustainability data into the same systems that manage profit centers, cost centers, and balance sheets?” Many disclosures still rely on proxy data, such as industry averages, which can result in deviations of 30-40% or more from real values. SAP Green Ledger brings granular carbon insights into core finance processes, enabling organizations to drive decarbonization and operationalize sustainability at scale. This means companies can understand not only how much carbon they emit, but also how it affects risk exposure and margins.

Click here to read more on Forbes.

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