Tag: 3BL

Originally published on Aflac Newsroom

Aflac is firmly rooted in a culture of caring — for employees, policyholders and throughout the communities where we live and work. Giving back is at the heart of the company and our employees who lend their time, talents and passion to help those in need. In fact, in 2023 alone, Aflac employees spent 10,000 hours volunteering, making a difference and creating positive change in their communities. 

Watch the video above to learn more about what drives some of Aflac’s employee volunteers.

ALEXANDRIA, Va., June 25, 2024 /3BL/ – The Responsible Business Alliance (RBA) today announced the launch of its Chemical Management Leadership Program, a risk-based, voluntary commitment program to advance responsible chemical management in global electronics supply chains.

The RBA and its member companies strive to drive the adoption of leading standards in responsible chemical management throughout the electronics production value chain to protect workers’ health and safety. The RBA’s goal to advance sustainability globally is grounded in its Code of Conduct, which includes occupational health and safety provisions that require worker exposures to chemical, biological, and physical agents to be appropriately identified, evaluated, and controlled in accordance with a hierarchy of controls.

Standards on supply chain due diligence and materials restrictions are relatively fragmented in the electronics production sector, accentuating the benefits of an industry-wide collaboration to accelerate progress. In collaboration with its member companies, the RBA developed the Chemical Management Leadership Program (CMLP) to harmonize chemical management due diligence efforts and support industry leaders in demonstrating continuous improvement through increased transparency and collective action.

This program is inspired and enabled by industry collaboration among RBA members and their suppliers, intergovernmental organizations, non-governmental organizations, and other stakeholders. The program seeks to advance progress on the sound management of chemicals toward the United Nations Sustainable Development Goals (SDGs).

The CMLP was designed to align with the internationally recognized approach to responsible business conduct articulated in the OECD Due Diligence Guidance for Responsible Business Conduct and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. Based on these guidelines, the program was designed to enable industry collective action that is risk-based and strives for continuous improvement. It is supported by the RBA’s Code of Conduct and Specialty Validated Assessment Program (SVAP) on Chemical Management, in addition to other resources.

“The RBA encourages all companies to adopt a risk-based approach to chemical management due diligence,” said Rob Lederer, CEO of the Responsible Business Alliance. “The RBA Chemical Management Leadership Program will facilitate best practices and further protect workers throughout global electronics supply chains.”

The objectives of the CMLP are to:

Enable collective action and responsible transparency on chemical management risks in the electronics supply chain through an inclusive, efficient, and scalable leadership programHarmonize industry efforts on risk-based chemical management due diligence practicesSupport the adoption, implementation, and continual improvement of more sustainable chemistry and occupational health and safety management practices in the electronics production sectorFacilitate meaningful stakeholder dialogue to advance worker engagement, align industry on sustainability targets, and support development of safer alternative chemical formulations

RBA member companies can learn more about participation in the RBA’s Chemical Management Leadership Program by contacting environment@responsiblebusiness.org.

About the Responsible Business Alliance 
The Responsible Business Alliance (RBA) is a mission-driven organization comprised of leading companies dedicated to responsible business conduct in their global supply chains. The RBA has a Code of Conduct and a range of programs, training and assessment tools to support continuous improvement. The organization has a global footprint, with offices in North America, Europe and Asia. The RBA and its Responsible Minerals, Labor and Factory Initiatives have more than 500 members with combined annual revenues of greater than $7.7 trillion, directly employing over 21.5 million people, with products manufactured in more than 120 countries. For more information, visit ResponsibleBusiness.org.

Media Contact 
Jarrett Bens, Senior Director of Communications 
Responsible Business Alliance 
Phone: +1 571.858.5721 
jbens@responsiblebusiness.org

As we celebrate Infrastructure Week, we want to highlight our Beach Haven Battery Storage Project. This initiative, located at our decommissioned substation in Beach Haven, NJ, represents our commitment to a smarter, stronger, and cleaner energy grid for South Jersey. By installing a state-of-the-art battery storage system, we aim to enhance energy service reliability for Beach Haven and Long Beach Island, especially during peak demand periods.

The project includes the installation of advanced technology such as fiber optics, modern battery modules, and comprehensive safety measures. This effort is a significant part of our broader strategy to fortify the energy infrastructure across southern New Jersey, ensuring resilience and minimizing outages.

Learn more about our innovative projects aimed at building a more reliable energy future: https://lnkd.in/eY77Ppv7

Atlantic City Electric is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Atlantic City Electric provides safe and reliable energy service to approximately 572,000 customers in southern New Jersey.

To learn more about Atlantic City Electric, visit The Source, Atlantic City Electric’s online newsroom. Find additional information by visiting atlanticcityelectric.com, on Facebook at facebook.com/AtlanticCityElectric, and on X, formerly known as Twitter, at twitter.com/AcEleCconnect. Atlantic City Electric’s mobile app is available at atlanticcityelectric.com/MobileApp.

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DIBOLL, Texas, June 25, 2024 /3BL/ – For over 35 years, employees at Georgia-Pacific’s Particleboard plant in Diboll, Texas have been participating in Operation Clean Sweep, a project by the Diboll Service Club. This initiative enlists community volunteers and donations to help the elderly and disabled with home repairs.

Recently, homeowner Bobby Ryan, a retiree from the building products industry in Diboll, was diagnosed with cancer and became dependent on a wheelchair for mobility. This made it difficult for him to enjoy his backyard.

“When we got the call for help, we didn’t hesitate to put our resources and skills to work for Bobby and his wife,” said Andy Parish, a Georgia-Pacific Diboll Particleboard employee and Operation Clean Sweep team lead. “After all, it’s only a couple of days of our time to build a much-needed wheelchair ramp that will make a world of difference to the Ryan family.

It took the team only two days to build the ramp. With tears streaming down her cheeks, Lillian Ryan said the ramp is a true blessing.

“This ramp will give my husband, who is now in Hospice care, the opportunity to sit outside and enjoy our backyard,” said Lillian. “I can’t put into words how much we appreciate this group of men. They are angels.”

In addition to the volunteer hours, Georgia-Pacific donated $5,000 toward the Operation Clean Sweep program.

Over the last three decades, Diboll Particleboard employees have built or repaired everything from roofs and porches to doors and ramps. “It’s one thing to tell your neighbor that you love them, but it is another thing to show them—and that’s what we are trying to do here,” said Andy.

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With the EU’s deforestation regulation (EUDR) in centre view and commodity buyers increasingly demanding deforestation-free products, farm-level vs plot-level monitoring might just be the most important detail that you’ve never heard of.

Like many people, you may want to buy food that was produced in ways that align with your values—whether that is environmental sustainability, fair prices for farmers, or avoidance of harmful pesticides.

When you buy a banana or a cup of coffee that claims to be organic or fair trade or wildlife-friendly, you probably assume that the farm on which that banana or coffee was produced meets those criteria—and you’d mostly be correct!

However, when it comes to products that claim to be deforestation-free, the situation might not be what you expect. That’s because some companies are choosing to call products deforestation-free even if there is recent or ongoing deforestation on the farms where they were produced.

For the large majority of consumers that don’t want their groceries linked to deforestation (82% of Europeans polled), this is a dismaying prospect. And for commodity buyers—such as consumer brands that purchase soy, palm oil, and other ingredients for the products they make—it poses a significant business risk.

What’s happening on the ground? 

In an effort to bolster their deforestation-free claims without actually needing to eliminate deforestation from their supply chains, some companies are choosing to use maps that divide up the farms that they buy from into bits and pieces called plots. If one or more plots on a farm have not had recent deforestation, they would call the crops from those plots deforestation-free—even if the plot right next to them on the same farm is in the process of being deforested.

This determination of deforestation-free status at levels smaller than a farm allows companies to continue purchasing from producers that are actively clearing natural ecosystems, while claiming that much of the product from those farms is compliant with their own deforestation-free commitments.

Why is it a problem? 

When commodity buyers determine deforestation-free status at levels smaller than a farm, they may be complicit in facilitating continued deforestation by their suppliers. They also risk making false or misleading claims about their products.

Compliance assessment at the level of the farm, plantation, ranch, or forest management unit is a widely established convention. As the banana and coffee examples illustrate, most people understand food sustainability claims to refer to practices and performance at the farm level. This includes the criteria of most major agricultural and forestry certification programmes. In addition, major industry associations, such as the Consumer Goods Forum (CGF), have indicated that compliance with deforestation-free policies should be assessed at the farm level.

If a producer is actively engaging in harmful practices, it would be misleading and contrary to the spirit of sustainability efforts to make a claim of deforestation-free (or pesticide-free or child labour free) for any portion of the farm’s goods.

What’s more, even if the policies of a buyer or market did allow for deforestation to be assessed at the sub-farm level, the division of product volumes from the same farm into ‘compliant’ and ‘non-compliant’ portions is generally not possible in practice. That’s because very few farms have the infrastructure to fully segregate materials based on their deforestation-free status. Rather, products from different plots on the same farm are typically mixed (think of the harvesting machines, trucks, and silos used on many farms). Thus, in many contexts where there is active deforestation, sub-farm compliance assessment all but ensures that some materials claimed as deforestation-free were actually produced on recently deforested plots.

So what is a responsible business to do?

No-deforestation is fast becoming a mainstream expectation—and in some places a legal requirement—across the agri-food sector. With their reputation, credibility, business relationships, and regulatory compliance on the line, smart companies know not to play fast and loose with sustainability claims.

Fortunately, there is no need for methodological sleights-of-hand when real solutions to achieve deforestation-free supply chains and support valid claims are well within reach.

Specifically, companies should use a whole-farm approach to assess and address deforestation, following the lead of most sustainability certification programmes, industry groups such as the CGF Forest Positive Coalition, and the consensus recommendation of leading civil society organisations provided in the Accountability Framework. Commodity buyers should ask their direct and indirect suppliers to do the same—lest they unwittingly purchase products sold as deforestation-free that are not actually so. And companies should report progress towards deforestation-free supply chains based on the whole-farm assessment approach. This is in line with leading reporting standards such as GRI and disclosure systems such as CDP.

Service providers, industry groups, and NGOs can, likewise, do their part to promote standard and credible methods for deforestation-free supply chains based on the whole-farm approach to assessing, addressing, and reporting on deforestation.

The whole-farm approach is also a wise way to implement the EU deforestation regulation (EUDR). While it is unclear whether sub-farm level assessment is permissible according to the EUDR’s stipulation to evaluate deforestation on the “plot of land,” attempting to monitor and document compliance at the sub-farm level is a risky proposition. This is due to the practical difficulties of segregating and tracing materials from different plots of land within the same farm, and therefore of demonstrating the deforestation-free provenance of such materials to European enforcement authorities.

The forests matter, and so do the trees

The scale of monitoring for deforestation may seem like a nitpicky technical issue in a sea of big problems. But, as with most thorny issues, when it comes to halting deforestation, the devil is in the details.

Let’s get the details right and apply them consistently throughout the food and forest products sectors. That way, we can focus our energy on deploying real solutions to halt commodity-driven deforestation.

Written by Jeff Milder – Director of the Accountability Framework initiative, a collaborative programme led by a global coalition of environmental and human rights organisations to achieve supply chains that are protective of forests, other natural ecosystems, and human rights.

About the Forest Positive Coalition

The Consumer Goods Forum (CGF) Forest Positive Coalition of Action is a CEO-led initiative representing 21 CGF member companies who are committed to leveraging collective action and accelerating systemic efforts to remove deforestation, forest degradation and conversion from key commodity supply chains.

Launched in 2020, the Coalition represents a dynamic shift in the industry’s approach to stopping deforestation: by mobilising the leading position of member companies to build multi-stakeholder partnerships and develop effective implementation and engagement strategies, the Coalition brings together diverse stakeholders for sustainable impact.

These efforts support the development of forest-positive businesses that drive transformational change in key landscapes and commodity supply chains, strengthening the resilience of communities and ecosystems worldwide.

About The Consumer Goods Forum

The Consumer Goods Forum (“CGF”) is a global, parity-based industry network that is driven by its members to encourage the global adoption of practices and standards that serves the consumer goods industry worldwide.

It brings together the CEOs and senior management of some 400 retailers, manufacturers, service providers, and other stakeholders across 70 countries, and it reflects the diversity of the industry in geography, size, product category and format.

Its member companies have combined sales of EUR 4.6 trillion and directly employ nearly 10 million people, with a further 90 million related jobs estimated along the value chain. It is governed by its Board of Directors, which comprises more than 55 manufacturer and retailer CEOs.

SWORDS, Ireland, June 25, 2024 /3BL/ – Trane Technologies (NYSE: TT), a global climate innovator, today announced its successful completion of the U.S. Department of Energy’s (DOE) Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in extremely cold temperatures.

After surpassing DOE laboratory tests, the Trane® high-efficiency, Cold Climate Heat Pump prototype, installed at a Boise, Idaho residence, successfully warmed the home for two winters by extracting heat from the air – relying on its backup electric heat strip only 10% of the time. During field trials over two full summer and winter seasons of cooling and heating, the prototype delivered the homeowner 15-20% average energy bill savings.

“We were confident going into the Cold Climate Heat Pump Challenge in our ability to deliver cutting-edge, highly-efficient climate control solutions – the results were outstanding and we’re proud of our performance,” said Dwayne Cowan, president, Residential HVAC, Trane Technologies. “Backed by our purpose-driven strategy and relentless investment in innovation, we are ready to continue scaling today’s technology for a sustainable tomorrow.”

“Our modeling was spot on with how the prototype functioned in the field, and we were thrilled to hear of the homeowner’s outstanding reviews as well as their energy savings,” said Katie Davis, vice president of engineering and technology, Residential HVAC, Trane Technologies. “We are excited to advance electrification of heating in homes while maintaining both comfort and efficiency for its occupants.”

Trane Technologies is one of the first companies to successfully complete the CCHP challenge. The company’s prototype has been relocated to its Tyler, Texas manufacturing facility, where it will continue to undergo robust performance evaluations at the site’s new state-of-the-art psychrometric testing labs – used for new product development programs and capable of withstanding temperatures as low as negative 20 degrees Fahrenheit.

The company will complete the design for its new Trane residential Cold Climate Heat Pump, with additional comfort and efficiency enhancements, in 2025. The Cold Climate Heat Pump will be compatible with advanced, connected comfort solutions including Trane Link, enabling seamless integration with Trane’s comprehensive ecosystem of smart home technologies. Additionally, all heat pumps 15 SEER and higher in the company’s newly-announced residential portfolio meet the requirements for the Energy Efficient Home Improvement Tax Credit and incentives and rebates available through the Inflation Reduction Act – significantly reducing upfront costs and achieving long-term energy bill savings for homeowners.

Through bold, industry-leading action and innovation, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge to reduce customer emissions by a billion metric tons and its pledge to reach net-zero carbon emissions by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).

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About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com.

About Trane 
Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

Forward Looking Statements: 
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our development of high efficiency climate control solutions, our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

This year, the Whirlpool Corp. x Benton Harbor High School mentorship program with Youth Solutions, Inc. Jobs for Michigan Graduates supported 30 students through workplace simulations, style and presentation tips, handshake practice, and dining etiquette to equip the young professionals for success in their next chapter.

Before the semester’s end, the students were joined by Whirlpool mentors and a local etiquette specialist to learn how to Dress For Success. To tailor the insights to each individual, mentors helped the students merge their personal style with professional impact during a hands-on shopping experience. Whether they are pursuing college, technical training, or are headed straight into the job market, mentors made sure each mentee was styled for success.

Join Whirlpool Corporation in celebrating their professional glow up and wishing them well on their next life step!

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

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FLORENCE, Italy, June 25, 2024 /3BL/ – The Baker Hughes Foundation announced Tuesday a $100,000 grant to Angeli del Bello Foundation in support of urban regeneration and social inclusion in Italy. Angeli del Bello Foundation’s key mission is to improve cities across the country, which involves promoting the rediscovery of civic sense, educating and inspiring future generations.

The grant to Angeli del Bello Foundation will support the Custodi del Bello project in Florence, Italy, where Baker Hughes has over 4,500 employees. The project brings marginalized groups and people in difficult situations into work teams that take care of public places such as streets, squares, parks, gardens and monuments in the community. Participants are offered the opportunity to be reintegrated into the community and the world of work through care activities of public areas. In addition to being paid, participants are offered trainings and opportunities to meet with local companies looking for workers. Custodi del Bello provides the opportunity to create a social network and acquire useful skills for new entry into the job market.

Baker Hughes employees have volunteered with Angeli del Bello since 2015. Since then, at least three initiatives have been organized each year to raise awareness of sustainability topics and develop joint decoration projects in line with the circular economy.

“Custodi del Bello project, set up four years ago together with our friends from Extrapulita APS Milan and Caritas – Communitas, has shown great potential for development, being the natural complement to the extraordinary work of the volunteers of Angeli del Bello,” said Angeli del Bello Onlus Foundation Giorgio Moretti. “Thanks to the Baker Hughes Foundation’s generosity, we are confident that we will be able to launch more powerful projects, with the hope of being able to replicate this kind of initiative with many other realities operating in our magnificent Firenze, which need more respect and care.”

The grant aligns with the Baker Hughes Foundation’s mission of supporting the communities where we conduct business and have employees living and working. This donation to Angeli del Bello Foundation also supports Baker Hughes’ commitment to advancing the United Nations’ Sustainable Development Goals (SDGs) – SDG 8 to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

“People first, energy forward is at the forefront of everything Baker Hughes achieves. We know that fresh perspectives and unique experiences fuel innovation, and we hope supporting organizations like Angeli del Bello will inspire and engage local communities where we operate,” said Deanna Jones, Baker Hughes executive vice president of People, Communications and Transformation and Foundation trustee.

To learn more about Baker Hughes’ work in supporting its communities, visit our Corporate Responsibility website.

About the Baker Hughes Foundation:

For 30 years, the Baker Hughes Foundation has been a steward of charitable resources for meaningful community impact. The Foundation seeks to advance environmental quality, education, health, safety, and wellness around the world by supporting organizations with shared values, demonstrated leadership, evidence of impact, financial soundness, and the capacity to implement initiatives and evaluate their success. The Baker Hughes Foundation makes strategic philanthropic contributions, matches Baker Hughes employee contributions, and awards volunteer recognition grants for outstanding employee community service.

About Baker Hughes

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

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For more information, please contact:

Media Relations

Adrienne M. Lynch 
+1 713-906-8407 
adrienne.lynch@bakerhughes.com

SKILLMAN, N.J., June 25, 2024 /3BL/ – Kenvue Inc. (NYSE: KVUE) (“Kenvue” or the “Company”), the world’s largest pure-play consumer health company by revenue, today released its first-ever Healthy Lives Mission Report and shared how the Company advanced the well-being of both people and planet in 2023.

“We recognize that human health is inseparably linked to environmental health and our commitment to everyday care extends to the planet we call home,” said Thibaut Mongon, Chief Executive Officer. “As we established Kenvue as an independent company, we also recommitted to our Healthy Lives Mission, our Environmental, Social and Governance strategy, and positioned our portfolio of iconic brands and Kenvuers around the world to build lasting positive change.”

In 2023, the Company deployed its science, operations, team members and brands to advance its Healthy Lives Mission focused on nurturing healthy people, enriching a healthy planet and maintaining healthy practice.

“In the past year, we have made meaningful progress with our Healthy Lives Mission, reduced our greenhouse gas (GHG) emissions and virgin plastic footprint, advanced the sustainable sourcing of paper, and developed values-led policies and programs to positively impact individuals and communities,” said Pamela Gill-Alabaster, Global Head of ESG & Sustainability. “As a global leader in consumer health, we will continue to draw on our brands, resources and platforms to help shape a healthy future for both people and planet.”

Highlights from the inaugural report include:

Healthy People: Kenvue equipped the communities in which it operates with innovative products and actionable information to make healthier decisions.

We start with our team and take actions every day to foster an inclusive, equitable and diverse workplace culture and to create a sense of belonging for all. We’re committed to strengthening representation at all management levels.1 At the end of 2023, our global workforce was approximately 50% male and 50% female, and 36% of our U.S. employees identified as racial or ethnic minorities.2Through diversity of backgrounds and perspectives, we collaborated on innovations and product experiences that reflect the needs of our global consumers, including the Neutrogena® Purescreen+™ Mineral UV Tint Face Liquid Sunscreen range in the U.S. designed to be inclusive of varying skin tones with four flexible shades and the Johnson’s® Blackinho Poderoso line in Brazil for children with curly hair.

Healthy Planet: Kenvue helped safeguard the earth’s health and resources while managing the impacts it created.

Investments in energy efficiency and decarbonization projects have resulted in Scope 1 and 2 GHG3,4,5 reductions of 26% since 2020.We’ve increased our use of renewable electricity6 to 65% through 18 onsite solar-powered electricity systems and offsite renewable electricity6 procurement contracts.Using circular economy design principles, we increased our use of recyclable7 or refillable8 packaging9 to 71% of our portfolio and reduced the volume of virgin plastic10 in packaging9 by 21%.Of our total paper and wood fiber packaging,11 94% of the volume sources were certified12 or verified recycled13 paper and wood fiber.

Healthy Practice: Kenvue also continued to promote a culture of integrity, ethics and transparency to build trust and create meaningful, long-term value.

We’re committed to optimizing the environmental performance14 of our products using scientific lifecycle design principles15 and tools such as our Sustainable Innovation Profiler (SIP), which aims to future-proof products by promoting the adoption of sustainable ingredients and packaging materials in our innovation process.We’re expanding access to product information through digital platforms and technologies like our Neutrogena® Glossary of Ingredients and Johnson’s® Baby digital transparency tool with the intention of empowering consumers to make the best choices for themselves and their loved ones.

To read the Kenvue Healthy Lives Mission 2023 Report, visit www.kenvue.com/hlm-report-2023.

About Kenvue 
Kenvue is the world’s largest pure-play consumer health company by revenue. Built on more than a century of heritage, our iconic brands, including Aveeno®, BAND-AID® Brand, Johnson’s®, Listerine®, Neutrogena® and Tylenol®, are science-backed and recommended by healthcare professionals around the world. At Kenvue, we believe in the extraordinary power of everyday care and our teams work every day to put that power in consumers’ hands and earn a place in their hearts and homes. Learn more at www.kenvue.com.

Investor Relations: 
Jim Giannakouros, CFA 
Kenvue_IR@kenvue.com

Media Relations: 
Melissa Witt 
media@kenvue.com

Cautions Concerning Forward-Looking Statements 
This press release contains “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 regarding the Company’s climate goals and its Healthy Lives Mission. Forward-looking statements may be identified by the use of words such as “plans,” “expects,” “commits,” “will,” “anticipates,” “estimates” and other words of similar meaning. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Kenvue and its affiliates.

A list and descriptions of risks, uncertainties and other factors can be found in Kenvue’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and subsequent Quarterly Reports on Form 10-Q and other filings, available at www.kenvue.com or on request from Kenvue. Kenvue and its affiliates undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or developments, or otherwise.

 

1 All management levels including manager, director, vice president and above.

2 Asian, Black/African American, Hispanic/Latino, Other Ethnic Racial Diversity; 2+ more races, NH/PI, AI/AN (Native Hawaiian or Pacific Islander, American Indian or Alaska Native). Workforce composition metrics are derived from data collected in connection with EEO-1 reporting.

3 Applies to all Kenvue-owned facilities where Kenvue has operational control, regardless of building type; all leased facilities used for manufacturing and/or research and development; and leased, non-manufacturing and/or non-research and development facilities where the facility is greater than 50,000 square feet and where Kenvue has operational control. The 2020 baseline and all subsequent reporting years include all facilities aligned to Kenvue’s structure upon separation from Johnson & Johnson in 2023 and do not include any operational or organizational exclusions. Scope 1 are greenhouse gas (GHG) emissions that Kenvue directly generates – e.g., running boilers and vehicles using fossil fuels. Fleet emissions are reported as CO2 and do not include other greenhouse gas emissions. Scope 2 are GHG emissions that Kenvue indirectly generates – from electricity or energy purchased for heating and cooling buildings.

4 The inventory was compiled in accordance with the WRI/WBCSD Greenhouse Gas (GHG) Protocol – A Corporate Accounting and Reporting Standard (Revised Edition 2013) including the amendment to this protocol, GHG Protocol Scope 2 Guidance (2015).

5 The target boundary includes land-related emissions and removals from bioenergy feedstocks.

6 Renewable energy source is an energy source that is capable of being replenished in a short time through ecological cycles or agricultural processes (e.g., biomass, geothermal, hydro, solar, wind). Renewable electricity targets are achieved through a combination of actions, including on-site solar, virtual power purchase agreements (VPPAs), direct power purchase agreements (PPAs), energy attribute certificates (EACs), also known as renewable electricity certificates (RECs), and green retail contracts.

7 Recyclable also defined as recycle-ready is when packaging is designed for collection, sorting, and recycling using end-of-life processes, but where collection, sorting, and recycling infrastructure may not yet be in place for the packaging to actually be recycled. Best practices of “designing for recyclability” guidance for plastic-based packaging include the Association of Plastics Recyclers in the United States. Note: “Designed for recycling,” “designed for recyclability,” and “recycle ready” are also used interchangeably and reflect the same meaning.

8 Kenvue defines refillable or reusable packaging as packaging that is designed for either the business or the consumer to put the same type of purchased product back into the original packaging, is designed to be returnable and/or refillable, and accomplishes a minimum number of reuses by being part of a system that enables reuse.

9 Packaging for direct purchases, may not include all externally manufactured products. Total weight of plastics packaging is calculated utilizing 2024 Business Plan volume and is not trued up to actual sales. Manual adjustments of <10% were made to 2024 Business Plan volume based on SME judgment to remove materials not assumed to contain plastics.

10 Virgin plastic means newly manufactured resin produced from petrochemical feedstock used as the raw material for the manufacture of plastic products and which has never been used or processed before.

11 Volumes include direct purchases of primary and secondary packaging and leaflets. Volumes do not include the packaging materials sourced in some externally manufactured products.

12 Certification schemes accepted by Kenvue include FSC® or PEFC chain of custody standard, only when FSC® is not available.

13 Recycled includes both post-consumer and post-industrial recycled content; Verification of recycled content is conducted by an external third party (for example, Preferred by Nature). The information provided herein includes data from suppliers. While we strive to ensure the accuracy and completeness of this data, we recognize there may be limitations to its accuracy or comprehensiveness.

14 Improved environmental performance is defined as improvement in one or more of the four pillars, with no regression compared to the baseline product, measured using Kenvue’s Sustainable Innovation Profiler (SIP).

15 Scientific principles are defined across four pillars – carbon footprint, green chemistry, sustainable packaging, and product environmental footprint.

DENTON, Texas, June 24, 2024 /3BL/ – Tetra Pak, a pioneer and world-leading food processing and packaging solutions company, is pleased to share that Suntado LLC, a contract manufacturer in dairy and other beverages, has opened a state-of-the-art facility in Burley, Idaho.

With commercial readiness expected just in time for Dairy Month (June), the facility can process up to 1 million pounds of local milk per day into shelf-stable and ESL milk and other liquid dairy products, many of which will be packaged in Tetra Pak® cartons.

“Shelf-stable products are one of the most exciting ways Tetra Pak is helping to move the beverage industry forward,” said Seth Teply, president and CEO of Tetra Pak U.S. and Canada. “With a longer shelf life and no need to refrigerate until opened, shelf-stable dairy products support the transformation of food systems by increasing access to safe food and reducing food waste. We’re excited that Suntado chose to work with us to create the innovative dairy and beverage facility of the future.”

Tetra Pak’s shelf-stable packaging allows food and beverages to stay safe for long periods of time without additives, preservatives or refrigeration before opening, offering cost savings and production efficiencies while minimizing food waste due to spoilage and reducing the cost and environmental impact of the transportation and storage of finished goods. Additionally, Tetra Pak’s unfinished packaging material ships in a convenient roll, reducing the cost and impact of freight and storage space when compared with most other packaging formats.

With capacity and capability to produce a wide variety of dairy-based and other beverages, and a vertically-integrated milk supply, Suntado offers solutions that cater to a diverse range of needs. Located in the third-largest dairy-producing state of Idaho, the facility is owned by Dirk Reitsma and Jesus Hurtado, who respectively own 6,000 organic and 30,000 conventional dairy cows within 20 miles of the processing facility, thus supplying fresh local milk to the plant.

“This vertically integrated facility and our product offerings are completely different than anything out there right now,” said Tory Nichols, office of the CEO, Suntado. “I’m energized by the fact that we’ve built this plant from the ground up, creating a secure, locally-sourced milk supply. This facility will offer countless brands the flexibility and scalability they seek, and Tetra Pak’s input and shelf-stable expertise has proven invaluable to our efforts along the way.”

About the facility:

The facility is a 190,000-square-foot production plant on 23 acres of land.This is phase one of a three-phase project, with the ability to triple the capacity in the future.Operations will continue to ramp up throughout 2024, with an estimated 800,000 to 1 million pounds of milk processed every day in the next 12 months.Owned by experienced and large-scale organic and conventional dairy farmers, Suntado has a unique advantage in providing a reliable and high-quality local milk supply. This allows Suntado to guarantee the freshest and finest ingredients for dairy-based beverages.This vertically-integrated facility processes and packages products in one location.Suntado is not producing its own brand. This facility will instead enable retailers and national brands to private-label beverage products.The initial focus is on shelf-stable and ESL milk, cream and other dairy-based beverages, with the ability to expand beyond dairy into additional beverages.

About the Tetra Pak® equipment:

The initial project includes five Tetra Pak shelf-stable and ESL packaging lines:Two Tetra Pak® TT/3 filling machines for production of Tetra Top® packages in 500 mL (~16.9 oz), 750 mL (~25.4 oz), and 1000mL (~33.8 oz) sizesTwo Tetra Pak® A3/Flex aseptic filling machines for production of Tetra Brik® Aseptic Edge packages in 500mL (~16.9 oz) and 1000 mL (~33.8 oz) sizesOne Tetra Pak® A3/Compact Flex aseptic filling machine for production of Tetra Prisma® Aseptic packages with DreamCap™ 26 in a 250 mL (~8.5 oz) size.

For photos and videos, click here and here.

For more information on the facility, visit www.suntado.com.

For media inquiries, please contact Kate Joachim at kjoachim@bader-rutter.com or 414-213-7474.