TAMPA, Fla., August 14, 2024 /3BL/ – Sustainalytics has ranked Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) at the top of the Containers & Packaging category in the latest ESG Risk Rating, an industry-wide assessment of corporate sustainability performance. After receiving positive marks across multiple areas of measurement, Crown leads its peer group of 105 organizations and represents one of only 3% of more than 16,200 assessed companies to attain an overall Negligible risk score. This rating from Sustainalytics underscores the comprehensive design and current impact of Crown’s ongoing Twentyby30™ program, which aims to achieve 20 measurable sustainability goals to be completed by or before the end of 2030 and focuses on areas of critical concern to the industry.

To build its diverse research universe that spans dozens of industries, Sustainalytics conducts a review of any applicable company’s exposure to industry-specific material sustainability risks—and determines how well that company is managing those risks. This review process observes action and performance in several areas related to sustainability. The ratings organization utilizes a significant amount of available data to create category-specific rankings that inform stakeholders such as customers, partners and investors.

“Receiving a top industry ranking from Sustainalytics acknowledges Crown’s efforts to meet stakeholder expectations and continue driving a business that performs from every angle,” said John Rost, Ph.D., Senior Vice President Crown Technology, Global Sustainability and Regulatory Affairs. “By scoring strongly across multiple categories, including safety, governance and others, we are demonstrating our commitment to making maximum impact not just in the traditional areas like GHG emissions reductions, but within every capacity possible. This comprehensive effort is what bolsters our ability to operate a responsible, healthy organization long-term.”

Notable in Crown’s assessment are relatively low exposure levels for various areas of concern including emissions, effluents and waste, carbon footprint and resource use, meaning Sustainalytics does not view Crown’s business as being inherently risky or damaging for the environment. With lower risk in each category, the Company reflects a more inherently responsible model that can more easily adapt to meet evolving sustainability regulations—a strong business attribute that stands out against other investible sectors. To build on this solid foundation, Crown continues to make progress toward its Twentyby30™ commitments, most recently securing more renewable electricity, initiating new water replenishment projects and working diligently across the supply chain to strive to increase industry recycling rates for valuable aluminum and steel cans.

Further information about Crown’s sustainability initiatives are available at crowncork.com. Guidance around Sustainalytics’ ESG Risk Rating methodology is available on the organization’s website.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit www.crowncork.com.

For more information, contact sustainability@crowncork.com.

For editorial inquiries:
Emily Hogan, Account Supervisor, FINN Partners; Email: emily.hogan@finnpartners.com

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this report or the actual results of operations or financial condition of the Company to differ are discussed under the caption “Forward Looking Statements” in the Company’s Form 10-K Annual Report for the year ended December 31, 2023 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.

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TAMPA, Fla., August 14, 2024 /3BL/ – Sustainalytics has ranked Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) at the top of the Containers & Packaging category in the latest ESG Risk Rating, an industry-wide assessment of corporate sustainability performance. After receiving positive marks across multiple areas of measurement, Crown leads its peer group of 105 organizations and represents one of only 3% of more than 16,200 assessed companies to attain an overall Negligible risk score. This rating from Sustainalytics underscores the comprehensive design and current impact of Crown’s ongoing Twentyby30™ program, which aims to achieve 20 measurable sustainability goals to be completed by or before the end of 2030 and focuses on areas of critical concern to the industry.

To build its diverse research universe that spans dozens of industries, Sustainalytics conducts a review of any applicable company’s exposure to industry-specific material sustainability risks—and determines how well that company is managing those risks. This review process observes action and performance in several areas related to sustainability. The ratings organization utilizes a significant amount of available data to create category-specific rankings that inform stakeholders such as customers, partners and investors.

“Receiving a top industry ranking from Sustainalytics acknowledges Crown’s efforts to meet stakeholder expectations and continue driving a business that performs from every angle,” said John Rost, Ph.D., Senior Vice President Crown Technology, Global Sustainability and Regulatory Affairs. “By scoring strongly across multiple categories, including safety, governance and others, we are demonstrating our commitment to making maximum impact not just in the traditional areas like GHG emissions reductions, but within every capacity possible. This comprehensive effort is what bolsters our ability to operate a responsible, healthy organization long-term.”

Notable in Crown’s assessment are relatively low exposure levels for various areas of concern including emissions, effluents and waste, carbon footprint and resource use, meaning Sustainalytics does not view Crown’s business as being inherently risky or damaging for the environment. With lower risk in each category, the Company reflects a more inherently responsible model that can more easily adapt to meet evolving sustainability regulations—a strong business attribute that stands out against other investible sectors. To build on this solid foundation, Crown continues to make progress toward its Twentyby30™ commitments, most recently securing more renewable electricity, initiating new water replenishment projects and working diligently across the supply chain to strive to increase industry recycling rates for valuable aluminum and steel cans.

Further information about Crown’s sustainability initiatives are available at crowncork.com. Guidance around Sustainalytics’ ESG Risk Rating methodology is available on the organization’s website.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit www.crowncork.com.

For more information, contact sustainability@crowncork.com.

For editorial inquiries:
Emily Hogan, Account Supervisor, FINN Partners; Email: emily.hogan@finnpartners.com

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this report or the actual results of operations or financial condition of the Company to differ are discussed under the caption “Forward Looking Statements” in the Company’s Form 10-K Annual Report for the year ended December 31, 2023 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.

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LEON, Va., August 12, 2024 /3BL/ – Prince Michel Vineyard & Winery, one of the most innovative, woman-owned wineries on the east coast, is the first vineyard in Virginia to partner with Vanguard Renewables® to enhance sustainable winery operations. Vanguard Renewables is a leading provider of sustainable food and beverage byproduct and organic waste management services.

Founded in 1982 by French entrepreneurs Jean and Sylviane DeLuc, Prince Michel was purchased in 2005 by current owner Kristin Easter, who assembled an award-winning team to help secure the vineyard’s reputation as an industry leader. Prince Michel has won several awards for its wines, and the property is named a top Virginia winery to visit in numerous industry publications.

“What sets us apart is our commitment to innovation and integration; we have equipment, plentiful storage, as well as crushing and bottling capabilities onsite, which allows us to produce beautiful wine while also providing services to our fellow winemakers in the Monticello Virginia American Viticultural Area (AVA),” said Chief Executive Officer Reo Hatfield of Prince Michel Vineyard and Winery.” We are always looking to innovate and to operate more sustainably, and that is what led us to discussions with Vanguard Renewables.”

“We are currently in a phase of expansion at Prince Michel” said owner Kristin Easter. “We are enhancing our services group, wine club membership, brewery, food, lodging/suites, and merchandising, and this partnership with Vanguard Renewables complements our existing commitment to quality, service, the environment, and the community. Our entire team is committed to these principles; from our CEO Reo Hatfield to our winemakers Bryan Jones and Mat Bryant along with our general manager Mike Haney, Karen Newton our head of merchandising, and Kristie Twomey our director of marketing, we believe in hiring and partnering with the best in class.”

Vanguard Renewables partners with food and beverage manufacturers, retailers, and institutions across the United States to recycle inedible and unsalable food material via Farm Powered® anaerobic digestion. Companies work with Vanguard Renewables’ in-house logistics team to create a custom organics materials recycling program; whereby Vanguard Renewables combines the food and beverage waste along with dairy cow manure into renewable gas and a low carbon biofertilizer.

The Company handles process byproducts, packaged waste, fats, oils and grease, process water, discards, and many other organic materials through its network of farms, food and beverage partners, and strategic end site and hauler partners. This helps its clients achieve increasingly challenging zero waste to landfill and sustainability goals.

“It is an honor to work with a forward-thinking organization like Prince Michel,” said Kent Bartley, President of Organics Solutions at Vanguard Renewables. “They are paving the way in the region to sustainably manage their byproducts, showcasing their commitment to innovation and to the planet. We could not be more thrilled to serve as their partner.”

Vanguard Renewables recently announced the groundbreaking for its newest Farm Powered anaerobic digester in the Commonwealth of Virginia, one of several that will start construction or commissioning in 2024 across the United States.

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Visit Vanguard’s Media Room: www.vanguardrenewables.com/media-kit

About Anaerobic Digestion

Inedible or unsaleable food and beverage waste from the manufacturing and retail sectors is collected, sorted, depackaged on-site, and combined with dairy farm manure in a sealed biodigester tank. Once combined in the biodigester, microorganisms that naturally occur in manure digest the waste, converting sugars, fats and other compounds into biogas. Harnessing the waste’s energy captures as much as 95 percent of the potential greenhouse gas emissions that would result if food and beverage waste were sent to a landfill or if the farm manure were field applied. The process produces RNG that is upgraded to pipeline-quality gas and injected into the existing pipeline infrastructure on-site, displacing traditional fossil fuels. The biogas is then used for heating and cooling or can be used to make Compressed Natural Gas (CNG) for vehicles. The by-products of the anaerobic digestion process include a low-carbon and nutrient dense fertilizer (digestate) that reduces the farm’s dependency on chemical fertilizers, and a dry by-product which is used for animal bedding. When food and beverage manufacturers send their organic waste to a Farm Powered site and purchase the RNG created by their waste to power their plants, they are creating a closed-loop solution that helps to address Scope 1 and 3 emissions in their business practices.

About Vanguard Renewables

Vanguard Renewables®, based in Weston, Massachusetts, is a national leader in developing food and dairy waste-to-renewable energy projects. The Company owns and operates on-farm anaerobic digester facilities in the northeast and currently operates manure-only digesters in the south and west for Dominion Energy. Vanguard Renewables is expanding nationwide and plans to complete more than 100 anaerobic digestion facilities by 2028. Vanguard Renewables is committed to advancing decarbonization by reducing greenhouse gas emissions from farms and food waste, generating renewable energy, and supporting regenerative agriculture on partner farms via Farm Powered® anaerobic digestion. Vanguard Renewables is a portfolio company of BlackRock’s Diversified Infrastructure Fund business. To learn more visit: www.vanguardrenewables.com.

Media Contact:

Billy Kepner

Bkepner@vanguardrenewables.com

1-607-331-9806

About Prince Michel Vineyard and Winery

Founded over four decades ago by Jean and Sylvan LeDucq, Prince Michel Vineyard and Winery stands as a testament to enduring quality and innovation in the Virginia wine industry. Under the visionary leadership of its founders, the winery gained acclaim for producing award-winning wines that brilliantly capture the essence of Virginia’s wine country. Today, as a woman-owned business led by Kristin Easter, Prince Michel continues to honor its rich legacy while embracing a forward-thinking approach. With a dedication to both tradition and cutting-edge techniques, Prince Michel continues to be a leader in the industry, celebrating the heritage and future of Virginia winemaking. This storied winery not only crafts exceptional wines but also offers a memorable experience to its visitors, solidifying its reputation as a premier destination in the Virginia wine landscape.

Media Contact:

Kristie Twomey

ktwomey@princemichel.com

1-844-302-4021

THE WOODLANDS, Texas, August 14, 2024 /3BL/ – Signs of summer are already here, and extreme heat persists in Texas. After experiencing record breaking heat indexes in 2023, Entergy Texas is providing tips on how to prepare your home for the high-heat and manage your bill this summer with our newly launched Bill Toolkit site. The site helps customers manage energy usage and save money through energy efficiency and bill assistance programs. Examples of products and services offered through our Entergy Solutions program, available at little to no cost, include AC tune-ups, LED bulbs, smart thermostats, duct sealing and insulation.

Additionally, this program offers home assessments that yield energy efficiency recommendations. A Home Performance with ENERGY STAR assessment reduces the up-front cost of installing energy efficiency upgrades.

Customers also can save money with these quick and easy energy efficiency tips:

Change air filters. Air filters on some air conditioning units require monthly cleaning or replacing.Set your thermostat to the highest comfortable temperature. The smaller the difference between the inside and outside temperatures, the lower your energy usage and bill will be.Buy a programmable thermostat. A programmable thermostat can help manage costs, is controllable, and can help monitor usage.Use fans to cool off. Ceiling fans, box fans and oscillating fans use very little electricity to circulate the air. Make sure ceiling fans are rotating in the right direction – counter-clockwise during summer – to push cooler air down into the room. Be sure to turn all fans off in unused rooms.Close blinds, shades and curtains to keep the sun out and the cool air in. Also, close air conditioning vents in rooms that are not in use.Seal cracks and holes around doors, windows and ductwork. Weather stripping and caulk will help keep the cold air in and the hot air out.Use the myAdvisor tool on myEntergy.com. The usage and cost tool can compare usage history by month, day and hour.

For customers needing help with their bill, Entergy Texas’ Bill Toolkit provides an overview of payment options, such as level billing, pick-a-date assistance programs, such as The Power to Care program. Entergy Texas partners with third party agencies that provide utility bill assistance for seniors, disabled individuals and programs that are income-based. You also may be eligible to receive federal payment assistance through the Comprehensive Energy Assistance Program or CEAP.

For more information, visit BillToolkit.entergy.com for the tools and resources you need to understand your bill, reduce your usage or look for assistance programs and services available to you.

New Holland, a brand of CNH, unveiled the first-ever Made-in-India 100+HP (Horsepower) tractor in the country.

The launch of the WORKMASTER 105 marked a new milestone for the company and the Indian tractor industry.

The WORKMASTER 105 with TREM-IV emission standard compliant engine brought world-class technology, quality and performance to the Indian customers.

“The WORKMASTER 105 sets a new benchmark when it comes to high horsepower tractors in India…This machine has proven its mettle in highly demanding markets like the USA and has been a testimony to our commitment to offer cutting-edge products. New Holland is renowned throughout the world for its higher horsepower tractors. We believe the timing is now right to introduce this advanced technology to the discerning Indian customers and are proud to launch the first made-in -India TREM-IV tractor in the 100+HP category,” said Narinder Mittal, Country Manager & Managing Director, CNH India & SAARC.

The WORKMASTER 105 comes with advanced FPT Engine delivering 106 HP and some standout features such as 3,500 kg lift capacity, electro-hydraulic 4WD engagement, and an air-suspended seat with adjustable backrest, etc. The machine is designed to deliver unmatched performance, operator comfort and safety.

New Holland, a brand of CNH, unveiled the first-ever Made-in-India 100+HP (Horsepower) tractor in the country.

The launch of the WORKMASTER 105 marked a new milestone for the company and the Indian tractor industry.

The WORKMASTER 105 with TREM-IV emission standard compliant engine brought world-class technology, quality and performance to the Indian customers.

“The WORKMASTER 105 sets a new benchmark when it comes to high horsepower tractors in India…This machine has proven its mettle in highly demanding markets like the USA and has been a testimony to our commitment to offer cutting-edge products. New Holland is renowned throughout the world for its higher horsepower tractors. We believe the timing is now right to introduce this advanced technology to the discerning Indian customers and are proud to launch the first made-in -India TREM-IV tractor in the 100+HP category,” said Narinder Mittal, Country Manager & Managing Director, CNH India & SAARC.

The WORKMASTER 105 comes with advanced FPT Engine delivering 106 HP and some standout features such as 3,500 kg lift capacity, electro-hydraulic 4WD engagement, and an air-suspended seat with adjustable backrest, etc. The machine is designed to deliver unmatched performance, operator comfort and safety.

Learn more at Aflac.com/WellnessMatters

COLUMBUS, Ga., August 13, 2024 /3BL/ — August is National Wellness Month, a time to emphasize the importance of prioritizing personal health care; yet, the second annual Wellness Matters survey1 released by Aflac, a leading provider of supplemental health insurance in the U.S.,2shows many Americans are not taking charge of their health through preventive care, routine wellness checkups and important screenings that could help identify and treat serious illness early.3 Additionally, for many Hispanic Americans, language is a barrier for understanding both their medical needs and insurance policies.

Millennials and Gen Z say they’re focused on health, but are taking a chance by skipping wellness checkups

The study uncovered an alarming 3 in 5 Americans (60%; up 20% from 2023) have avoided common recommended health screenings. And in fact, Millennials admit to avoiding important health screenings at higher rates — pap smear (40% millennial women; 34% women overall); STD screening (32% millennials; 23% overall); full body skin cancer exam (31% millennials; 27% overall); and blood test (39% millennials; 32% overall).3 

Additionally, young Americans say they frequently or always worry about their physical and mental health — even more than other significant concerns such as their social media reputations, getting a promotion at work and politics. However, when it comes to important health screenings, many admit to putting off a checkup beyond the recommended timeframe at least occasionally — 84% of millennials and 82% of Gen Z — at higher rates than the general population (77%). Many are using convenience care for their health care needs instead of keeping regular wellness appointments — with 70% of Gen Z and 67% of millennials primarily using urgent care or the emergency room for their health care needs.3 

Many aren’t listening to their bodies, with 20% of Gen Z and millennials putting off seeing their doctor even though they had a nagging feeling something was wrong — compared to 13% of Gen X and 11% baby boomers.

“Feeling healthy” and logistical barriers keep Americans from their doctor

Getting to the doctor is not easy for young Americans, as logistical barriers prevent them from getting health screenings on time — with 58% of millennials citing conflicts with work hours, challenges taking time off work and difficulty getting a babysitter or transportation. Many Hispanic respondents (42%) indicate language is a barrier to understanding their health care needs, and the same portion say it is a barrier to understanding their insurance benefits. Additionally, feeling healthy or “not needing health checkups at their age” kept 31% of Gen Z and 31% of millennials from getting checkups on time. Feeling embarrassed and not liking/trusting doctors — 31% millennials; 18% Gen X; 14% baby boomers — were among other reasons. Men — both Hispanic (29%) and non-Hispanic (26%) — were more likely to skip wellness appointments because they felt healthy and/or didn’t feel they needed a checkup at their age.3

When Aflac Senior Vice President and Chief Actuary Thomas Morey was in his mid-20s, he experienced a significant and sudden health crisis, showing that one can never be too young to develop good health habits. The condition kept Morey out of work for nearly two years, and he was in and out of hospitals for 18 months. 

“As our study shows, younger people are often less concerned about health care issues than older ones, and the statistics do support the idea that becoming ill is often a function of age,” said Morey. “But what I learned is that percentages don’t really mean much when it is happening to you. That is why I am a strong proponent of learning how to care for yourself, even when you are feeling strong. Going to the doctor for wellness checkups and recommended screenings is something everyone should strive to do.” 

Early detection at risk

Surprisingly, survey respondents who have received a cancer diagnosis were more likely to have avoided common health screenings than those who have not, underscoring the importance of regular screenings. Among those diagnosed with cancer, 56% say they found out as the result of a regularly scheduled cancer screening or routine exam. Hispanics who received a cancer diagnosis reported being diagnosed during a regularly scheduled cancer screening (40% versus 30% non-Hispanics; 24% African Americans).3

More than half of Americans report a family history of chronic illness/disease, yet 60% admit to skipping important health and cancer screenings. Men also are more likely to forget to schedule an annual physical or health exam (35% versus 29% women).3

“Family history matters to preventive care because history and genetics can often help inform the future of our own health,” said Morey. “This is why Aflac is also focused on helping consumers be more aware and empowered to start good health habits early and continue to prioritize proactive health care as they age.”

Community matters in preventive care practices 

In the survey, African Americans (59%) and Hispanics (50%) said they are more likely to seek preventive care from health professionals from similar communities and backgrounds. Additionally, African Americans are more likely to stay on top of wellness appointments and less likely to report skipping important wellness exams (54% versus 62% of Caucasians). African Americans are more likely than other ethnicities to say that they prioritize annual well visits, annual vision exams, recommended screenings and healthy habits. After identifying a health concern, 40% of African Americans immediately contact their physician to make an appointment, versus 38% of Hispanics, 31% of Caucasians and 24% of Asian Americans).3

The survey reinforces how much support matters — and the value of advocating for yourself and the ones you love to both schedule and keep important wellness checkups. Nearly 7 in 10 are more likely to go to the doctor if a friend or loved one encouraged them to go. Hispanic respondents are more likely to report that encouragement is effective. Men also are more likely than women to see a doctor if encouraged by a loved one (73% versus 65%). Community matters more to Hispanic respondents, who are less likely to select themselves as their strongest health advocate (67%) compared to non-Hispanics (78%).3 The survey also found that Hispanic Americans rely heavily on family encouragement for health care, and parents are regarded as top health advocates by more Hispanics (37%) than non-Hispanics (25%).3 This emphasizes the powerful role of familial relationships in health advocacy within the Hispanic community.

“Life moves quickly, and sometimes, we can lose sight of what’s important for good health and wellness — but when you do stop and think about it, what is more important than your health? Taking charge of your health can start when you are young, by making your own wellness appointments and encouraging those you care for to do the same,” said Morey. “The Wellness Matters survey reinforces the value of proactive health habits. It also reminds us how much preventive care matters and to take more ownership of our health, regardless of age, gender or ethnicity.”

To learn more about the 2024 Wellness Matters survey and to find tips on how to take charge of your own health and encourage others to prioritize theirs, visit Aflac.com/WellnessMatters. 

ABOUT THE 2024 WELLNESS MATTERS SURVEY 
The 2024 Aflac Wellness Matters Survey, examining attitudes, habits and opinions about health and preventive care, was conducted among a nationally representative sample of 2,000 employed U.S. adults ages 18-65 in April 2024 by Kantar Profiles on behalf of Aflac. 

ABOUT AFLAC INCORPORATED 

Aflac Incorporated (NYSE: AFL), a Fortune 500 company, has helped provide financial protection and peace of mind for more than 68 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan. In the U.S., Aflac is the No. 1 provider of supplemental health insurance products.2 In Japan, Aflac Life Insurance Japan is the leading provider of cancer and medical insurance in terms of policies in force. The company takes pride in being there for its policyholders when they need us most, as well as being included in the World’s Most Ethical Companies by Ethisphere for 18 consecutive years (2024), Fortune’s World’s Most Admired Companies for 23 years (2024) and Bloomberg’s Gender-Equality Index for the fourth consecutive year (2023). In addition, the company became a signatory of the Principles for Responsible Investment (PRI) in 2021 and has been included in the Dow Jones Sustainability North America Index (2023) for 10 years. To find out how to get help with expenses health insurance doesn’t cover, get to know us at aflac.com or aflac.com/espanol. Investors may learn more about Aflac Incorporated and its commitment to corporate social responsibility and sustainability at investors.aflac.com under “Sustainability.”

Media contact: Jon Sullivan, 706-763-4813 or jsullivan@aflac.com

Analyst and investor contact: David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com

1 2024 Wellness Matters survey 
2 LIMRA 2023 US Supplemental Health Insurance Total Market Report 
3 2024 Wellness Matters survey results

Aflac’s family of insurers include American Family Life Assurance Company of Columbus, American Family Life Assurance Company of New York, Continental American Insurance Company, and Tier One Insurance Company. 

Aflac | WWHQ | 1932 Wynnton Road | Columbus, GA 31999

Z2400628 Exp. 7/25

Originally published in American Airlines’ 2023 Sustainability Report

Sustainable Aviation Fuel

The clearest near-term way to decarbonize aviation based on current technological developments is by transitioning to sustainable aviation fuel (SAF). The SAF available on the market today can reduce life cycle GHG emissions by up to 85% compared with conventional, petroleum-based jet fuel, and new technologies and pathways hold the promise of delivering SAF with closer to 100% life cycle emission reductions. The reality, however, is that as critical as SAF is for achieving our own and the industry’s climate goals, it is not yet available at the scale or price needed to be a feasible alternative for widespread commercial use — and achieving that will require the combined efforts of the private and public sectors.

How American is helping accelerate solutions

Purchasing and helping scale SAF production is a core part of American’s climate strategy this decade. For example, we anticipate SAF will be key to achieving the insector reductions required to meet our science-based target for 2035, and we have set a goal to replace 10% of our jet fuel use with SAF in 2030. In 2023, we used nearly 2.7 million gallons of SAF on our flights, about a 4% increase over 2022, but still a small portion of the SAF we need to achieve our goal.

American is entering into offtake commitments with SAF producers to help secure the supply we need to achieve our goal. We’re also working to advance the SAF market as an anchor member of Breakthrough Energy Catalyst, which invests in new decarbonization technologies. (See page 19 to read about our innovative agreement with Infinium.) Additionally, we continue to advocate for governments to deploy policy tools — including incentives, credits and investments in research — to help scale the SAF market.

The need for concerted action to scale the SAF market

The availability of SAF increased in 2023, but to reach the industry’s goal of producing 3 billion gallons of cost-competitive SAF in 2030, the market needs to achieve a nearly 100% compound annual growth rate, based on Environmental Protection Agency (EPA) data.1 Clearly, there is a need to significantly accelerate the trajectory for the SAF market, which will require concerted effort by a range of stakeholders. Airlines have a key role to play, but it will also require engine and airframe manufacturers to enable higher SAF blends and the research community to advance innovation in the form of new SAF pathways. The energy sector needs to align its capital commitments, while the financial sector must find more effective ways to support the SAF market. Standard setters need to recognize new solutions, and policymakers need to enact smart policies that will drive further investment in the industry.

Advancing Next-Generation SAF Pathways

Achieving the decarbonization potential of SAF will be a journey, with the feedstocks that are available today being replaced over time with more efficient ones that provide greater reductions in life cycle emissions.

The past year has seen some progress, including the creation of U.S. Airline Principles on Use of Book and Claim in Sustainable Aviation Fuel Accounting, which provides a robust market mechanism for efficiently connecting SAF buyers and producers. The enactment of a SAF purchase tax credit in Illinois and the release of U.S. Treasury Department guidance on implementation of the SAF blenders tax credit (BTC) — enacted in the Inflation Reduction Act of 2022 — are further evidence of U.S. policy moving in the right direction, although the SAF BTC expires at the end of 2024. The advocacy efforts of initiatives such as the Low Carbon Fuels Coalition, the Center for Climate and Energy Solutions (C2ES) SAF working group and the SAF Coalition — all initiatives in which American participates — have and will continue to be key in driving policy progress.

Hydroprocessed Esters and Fatty Acids

Hydroprocessed Esters and Fatty Acids (HEFA) is the only SAF process producing jet fuel at scale today, but the supply of HEFA feedstocks — particularly used cooking oil and animal fat — is constrained and there are concerns that demand for these feedstocks could have other indirect environmental impacts.

Alcohol-to-Jet

Alcohol-to-Jet (ATJ) technology relies on ethanol as a feedstock to produce SAF, but it is not yet available at scale for commercial use by airlines. New feedstocks, farming practices and production processes offer the potential to significantly reduce ATJ GHG emissions compared to those that exist today, but they could potentially increase cost.

Fischer-Tropsch

Fischer-Tropsch (FT) gasification has the potential to produce SAF that virtually eliminates GHG emissions while also using waste products, like municipal solid waste, as a feedstock. FT can also use CO2 captured from industrial emissions — and one day CO2 removed from the atmosphere — but that process is still very expensive. While FT is a proven technology in other applications, successfully commercializing it for aviation has been difficult.

American’s SAF Sourcing Principles

In determining what SAF to source for our operations, we apply the following standards for sustainability: Life cycle GHG emissions reductions of at least 50%, inclusive of estimated indirect land use change, compared with conventional jet fuelAnalyze environmental and social impacts of SAF feedstocks, such as potential effects on food supply and land useAchievement of sustainability certification, or completion of our own due diligence when certification is not practical2 

Our SAF use and advocacy is also guided by the following principles:

Maintain strict adherence to jet fuel safety and performance standardsEngage and collaborate with stakeholders across the private and public sectors to break down barriers to SAF production and distributionUndertake robust and transparent emissions accounting and work within our industry to further develop and harmonize SAF emissions accounting

Raising the Bar on SAF

Infinium is a U.S.-based provider of electrofuels — also known as eFuels. It is producing a sustainable aviation fuel, eSAF, by converting waste CO2 , water and renewable power into clean-burning aviation fuel

Infinium eSAF has the potential to reduce life cycle GHG emissions by approximately 90%, which is greater than the emissions reductions achieved using the SAF currently on the market today

The company plans to repurpose an existing brownfield gas-to-liquids project in West Texas into a first-of-its-kind, commercial-scale Power-to-Liquids (PtL) eFuels facility to produce eSAF. In 2023, Breakthrough Energy Catalyst announced its commitment to invest $75 million in Infinium’s PtL project. To further support this investment and help accelerate the production of eFuels, American and Infinium have entered into a firm offtake agreement for Infinium to supply eSAF to the airline.

This innovative technology will be further supported by a second agreement between banking leader Citi and American, in which American will transfer the associated emissions reduction from the Infinium eSAF directly to Citi — enabling Citi to reduce a portion of its Scope 3 emissions generated by employee travel. Citi is also a partner of Breakthrough Energy Catalyst.

These novel agreements are critical enablers of further investment in Infinium’s facility.

1 https://afdc.energy.gov/fuels/sustainable-aviation-fuel

2 As part of our due diligence, we refer to the United Nations Food and Agriculture Organization’s Guidance for Responsible Agricultural Supply Chains and other leading references to help mitigate and manage the sustainability risk of SAF produced using bio-based feedstocks.

Read more.

By Evelyn Mitchell

BIRMINGHAM, Ala., August 13, 2024 /3BL/ – Regions Bank announced the company has been named to the 2024 Disability Equality Index®, the leading nonprofit resource for business disability inclusion worldwide. With this year’s distinction, Regions has now been named a “Best Place to Work for Disability Inclusion” for the fourth consecutive year.

“Regions Bank has a strong commitment to providing a workplace where everyone can thrive while serving our customers through a banking experience that is accessible and friendly to all,” said Clara Green, head of Diversity, Equity and Inclusion for Regions. “We are pleased to be recognized, once again, among organizations globally that share a strong commitment to disability inclusion. As financial professionals, it’s vitally important we serve our communities in ways that consider the needs of all individuals, and as an employer, our success is made stronger by having a work environment where people of all abilities are included.”

As financial professionals, it’s vitally important we serve our communities in ways that consider the needs of all individuals, and as an employer, our success is made stronger by having a work environment where people of all abilities are included.

Clara Green, head of Diversity, Equity and Inclusion

The Disability Equality Index is a joint initiative of the American Association of People with Disabilities (AAPD) and Disability:IN. Now in its 10th year, the Disability Equality Index has become the leading independent, third-party resource for the annual benchmarking of corporate disability inclusion policies and programs and is leveraged by more than 70% of United States Fortune 100 companies and nearly half of the Fortune 500.

“On the 10th anniversary of the Disability Equality Index, we’re extremely proud of the 542 national and international companies that are taking a proactive role in leading progress towards disability inclusion, setting a benchmark for others to follow,” said Jill Houghton, President and CEO of Disability:IN. “Their dedication to fostering inclusive workplaces not only attracts top talent but also drives innovation and creates sustainable performance in today’s global market. Together, we are creating a future where everyone can contribute and thrive.”

Regions’ commitment to disability inclusion supports associates, customers and the communities the bank serves:

Regions is dedicated to inclusivity and accessibility for its customers, providing accessible products and services both in person and online.In 2024, Regions introduced MagnusCards®. Designed for people who are neurodivergent, and/or on the autism spectrum, this solution provides easy-to-follow, step-by-step audio and visual guidance for everyday banking needs.Regions Bank and the Regions Foundation are committed to making life better for people with disabilities by investing in accessible programs and services that help increase accessible housing, foster independent living, and provide workforce training for people with disabilities.Regions celebrates National Disability Employment Awareness Month every year by hosting educational events for associates.Regions provides associates with the opportunity to self-identify as having a disability.

About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $154 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

About Regions Foundation
The Alabama-based Regions Foundation supports community investments that positively impact communities served by Regions Bank. The Foundation engages in a grantmaking program focused on priorities including economic and community development; education and workforce readiness; and financial wellness. The Foundation is a nonprofit 501(c)(3) corporation funded primarily through contributions from Regions Bank.

About the Disability Equality Index®
The Disability Equality Index has become the leading independent, third-party resource for the annual benchmarking of corporate disability inclusion policies and programs and is now trusted by more than 70% of the United States Fortune 100 and nearly half of the Fortune 500. Such companies must increasingly consider how emerging global reporting directives and stakeholder expectations surrounding social and corporate governance factors impact their operational, cultural, reputational and financial performance.

The Disability Equality Index is an objective, reflective, forward-thinking, and confidential disability rating tool designed to assist business in advancing inclusion practices. It is a comprehensive benchmark that helps companies build a roadmap of measurable, tangible actions across five scored categories: Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, and Supplier Diversity. Participating companies receive a score, on a scale of zero (0) to 100, with those scoring 80 or higher earning the distinction of “Best Places to Work for Disability Inclusion” for the benchmark year.

Findings from a two-year Global Disability Equality Index pilot informed the launch of a scored benchmark that opened in 2024 to seven new countries in addition to the United States. These include: Brazil, Canada, Germany, India, Japan, the Philippines, and the United Kingdom. Now in its 10th year, the Disability Equality Index has grown nearly 7x since 2015, expanding from 80 companies in its first year to 542 in 2024. Collectively, the 2024 edition received 753 submissions spanning the eight benchmarked countries.

About the American Association of People with Disabilities (AAPD)
AAPD is a convener, connector, and catalyst for change, increasing the political and economic power for people with disabilities. As a national cross-disability rights organization AAPD advocates for full civil rights for the 60+ million Americans with disabilities. Learn more at: www.aapd.com.

About Disability:IN®
Disability:IN is a global organization driving disability inclusion and equality in business. More than 500 corporations partner with Disability:IN to create long-term business and social impact through the world’s most comprehensive disability inclusion benchmarking and reporting tool, the Disability Equality Index; best-in-class conferences and programs; expert counsel and engagement; and public policy leadership. Join us at disabilityin.org/AreYouIN #AreYouIN.

At Motorola Solutions, we’re proud of our people-first culture. We believe that embracing our employees’ unique perspectives fuels innovation and creativity. What’s more, it creates an environment where every Motorolan feels respected and valued.

Our diversity, equity & inclusion (DEI) volunteer community, comprised of business councils (employee resource groups), affinity groups (shared interest employee-led groups), DEI champions and DEI regional councils, are at the forefront of this effort – organizing year-round, in-person and virtual programming for employees to share and learn from one another in the true spirit of inclusion.

In this four-part series, learn how our DEI volunteer community impacts culture, career, company and community.

Our culture, and specifically our people, are at the heart of everything we do. Our employees are passionate about making Motorola Solutions a destination place to work, and as a company, we strive to support them by cultivating an inclusive environment, encouraging open dialogue, celebrating key cultural events and heritage months and promoting employee well-being.

Here are some highlights from spring:

We proudly honored our CEO Award for Inclusion recipients, our company’s highest honor for those who make outstanding contributions to the advancement of DEI at our company. “Program of the Year” was awarded to the Valuing Inclusive Perspectives (VIP) Program, an innovative, peer-facilitated learning opportunity with small group conversations centered around DEI topics such as generational diversity, communicating with empathy and being an ally.In recognition of Mental Health Month in May:The company observed “5K and Take the Day,” where Motorolans were encouraged to step away from their desks, get outside and then celebrate with a company-wide paid mental health day.Our People with Disabilities + Allies (PwD+A) business council led important conversations on mental health, from a panel discussion on neurodiversity to desk yoga sessions. PwD+A also partnered with the Motorola Solutions Black Inclusion and Diversity Organization (MBDIO) and Motorola Solutions Asian and Pacific Islander (MAPI) business council to host sessions on mental fitness.We celebrated Asian American and Pacific Islander Heritage Month in May. The MAPI business council hosted discussions with senior leaders to highlight the contributions and achievements of our teams in Asia Pacific, including Singapore, Vietnam, Malaysia and India – teams that are models for cultivating and supporting culturally diverse workforces.

Motorola Solutions is dedicated to creating a workplace where every employee feels valued and empowered. Through our impact on culture, career, company and community, we build a strong foundation for an inclusive and innovative future. Read more about our impact in our 2023 DEI Annual Report, and stay tuned for the second installment in this series – Empowering Inclusion Through Career – coming soon!

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