Tag: 3BL

Truist Foundation announced philanthropic funding for 11 nonprofit organizations working to pilot emerging solutions or scale existing successful initiatives into new regions. This comes at a time where there is a gap in the ability for many nonprofits to secure meaningful funding for growing and scaling their work. According to a report from UHY Advisors, well over half of the 116 nonprofits surveyed stated that their organization had created new programs or services in the past year, while nearly half of the organizations surveyed cited challenges with growth and scaling solutions as a top concern.

“As a community-centered bank with roots in neighborhoods across the country, we know that proximity to a community’s challenges is a leading indicator of whether or not the proposed solutions to those challenges are relevant, effective and sustainable,” said Lynette Bell, president of Truist Foundation. “Nonprofits often best understand the communities they’re operating in and corporate philanthropy has to be willing to take a bet on a new idea or that an idea that works in one community just might work in another. This is why Truist Foundation is proud to have a grantmaking strategy that gives us the flexibility to invest in what’s possible.”

Rooted in Truist Foundation’s core focus areas, 11 nonprofits are receiving more than $4 million in grants for programs that aim to support small businesses and create career pathways in underserved communities.

Truist Foundation funding will help the following organizations launch pilot programs:

Georgia Resilience and Opportunity Fund (Southeast) – This grant will help launch the Opportunity Narrative and Culture Portfolio, a series of initiatives focused on participant storytelling and social media engagement as a means to drive employment and financial wellbeing for residents in three Georgia communities.Greater Washington Community Foundation (Mid-Atlantic) – The grant funds will promote wealth-building and economic mobility among the Black, Indigenous and People of Color ALICE population (those who are Asset Limited, Income Constrained, Employed—meaning they earn above the Federal Poverty Level, but not enough to afford basic living necessities) in the Washington, D.C. region through both a career accelerator and a financial well-being center.Project Equity (Southeast) – Funds will be used to advance employee ownership as a pathway to strengthen small businesses, build wealth for workers, and create more resilient economies. The agency selected Atlanta, Birmingham and Miami as pilot cities for the initiative due to their demographics and significant wealth gaps.Prosperity Now (National) – Grant funding will help Prosperity Now equip community development financial institutions (CDFIs) and entrepreneur-serving organizations with knowledge and tools to access and effectively utilize government funding available in “green economy” initiatives like clean energy, affordable and sustainable housing, and training and workforce development.Urban Manufacturing Alliance:Strengthening Small Manufacturing Businesses (National) – With grant funds, UMA will partner with community leaders and local lenders to improve connections between small- and mid-sized manufacturers and the millions of dollars of funding and technical assistance flowing through the State Small Business Credit Initiative.Building Inclusive Ecosystems in the South (South) – This grant enables UMA to convene educational institutions, workforce intermediaries, manufacturers, and other stakeholders in a community of practice that will design, pilot, and scale strategies that create more accessible pathways to good quality careers in manufacturing, including for workers of color and women.Warrior-Scholar Project (National) – With a goal of propelling enlisted veterans and service members toward success in higher education and beyond, this grant will allow Warrior-Scholar Project to more deeply engage its alumni community and help enlisted veterans transition to their next career through a custom professional development program in addition to hiring a dedicated director of alumni programs.

“With the Truist Foundation’s support, Project Equity is creating strong partnerships in the Southeast to raise awareness of employee ownership as a new wealth building strategy for low-income workers and economically disadvantaged communities,” said Evan Edwards, CEO of Project Equity. “We are working to embed employee ownership in local ecosystems to create thriving communities where workers have a meaningful stake in the success their labor creates.”

Truist Foundation funding will help the following organizations scale promising existing programs:

Centro Community Partners (National) – Funding will allow Centro to build a regional headquarters focused specifically on serving the Southeastern U.S. Through a combination of remote and in-person engagements, Centro will offer culturally and linguistically relevant support services for entrepreneurs, capacity building for nonprofit organizations, and a series of microloans and grants to low- to moderate-income small business owners.Digitalundivided (National) – Funds are supporting Digitalundivided’s national business accelerator and incubator programs, including BIG, which is designed to help founders who have already begun to build their start-ups through the business development process, and START, a five-week program that provides innovators with a structured process to bring their business idea to reality.LiftFund (Southeast) – A certified nonprofit CDFI, LiftFund will use grant funds to expand its microlending services to small businesses in Florida—particularly the Fort Lauderdale, Jacksonville, Miami, Orlando and Tampa markets. Most dollars will go toward lending capital through a revolving loan fund, with smaller portions allocated toward interest buydown and technical assistance.Semper Fi & America’s Fund (National) – This grant will support entrepreneurship within the nonprofit organization’s Apprenticeship Program, which provides transitioning service members and veterans with structured support to explore and acquire new skills and to gain practical experience in civilian occupations. Funding will specifically support veteran apprentices who are focused on owning and operating their own small businesses.Shaping Our Appalachian Region Inc. (Appalachian) – This grant will help underemployed Eastern Kentuckians find and obtain work after graduating from Code Kentucky, a free online training program reskilling and upskilling local residents in order to assist them in securing high-quality, remote jobs.

“LiftFund is grateful for our longstanding partnership with Truist Foundation,” LiftFund President & CEO Laurie Vignaud said. “We are excited about the ability to scale our work and bringing this program, which offers equitable business capital and coaching to Florida small business owners to help them achieve entrepreneurial success.”

These grants are in line with the Truist Foundation’s belief that the role of corporate philanthropy includes catalyzing promising solutions that have not yet achieved outcomes and that solutions that have proven effective in one region can and should be scaled elsewhere. By embracing such funding, corporate philanthropy can help nonprofits address emerging societal issues, test hypotheses and maximize positive outcomes, creating greater impact.

To learn more about Truist Foundation’s grantmaking strategy, visit Truist.com/Foundation.

Albertsons Companies’ Southern division team at Tom Thumb in DeSoto, Texas hosted an amazing Juneteenth community celebration! The team partnered with local, Black-owned businesses, brands, musicians, performers and more to showcase the diversity and richness of our culture. 

It was a joy to see our shoppers and associates enjoy grilling inspiration and special tastes of brisket, pulled pork and other delicacies from Ron Bates of Twisted BBQ, live music from Steven Brown Jazz, performances from the 40+ Double Dutch Club, and samples from 10+ local, Black-owned brands like Earl Campbell’s, Glory Foods, and more! Guests also enjoyed samples from Neale’s Sweet N Nice Ice Cream, Luzianne Tea, and Southern Recipe Small Batch. 

We also had the honor of welcoming Dione Sims, the granddaughter of Opal Lee, who is known as the grandmother of Juneteenth and a leader of the movement to make it a federal holiday. 

Thank you to everyone who joined us for this remarkable event and supported our Black-owned vendors.

See original post on LinkedIn and read more about Albertsons Companies and our Recipe for Change on our website.

By Sarah Murray

Originally published by The Financial Times on FT.com

At IBM, the holistic approach extends beyond company walls to deepening the talent well from which it can draw. For example, its SkillsBuild free education programme focuses on communities that have traditionally been under-represented in the tech sector.

And in 2016, IBM began removing the four-year degree requirement from many of its job postings. “We tested it out by hiring people without the four-year degree and they were very successful,” says Nixon-Saintil. “So we now prioritise in-demand skills over specific degrees, and we can get more applicants and talent to fill those roles.”

For Yoshino, the backlash against DEI leaves plenty of room for manoeuvre. “There’s so much that companies can do that travels under the banner of DEI that would still be perfectly legal,” he says. “For chief diversity officers it’s finding that sweet spot.”

But he sees that task as critical. “There are broad irreversible trends in society,” he says. “For me, the writing is on the wall as to how we’re going to have to manage a globally connected society.”

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MIDLAND, Mich., June 24, 2024 /3BL/ – Four Dow (NYSE: DOW) leaders have been honored on INvolve’s Empower Executive Role Model List and Empower Future Leaders Role Model List.

Empower Role Model Lists showcase leaders who are breaking down barriers at work for people of color within global business, representing a wide range of individuals who have made it their personal mission to make a difference. These inspirational leaders are paving the way when it comes to increasing representation and driving inclusion for others within the workplace.

“Leaders are key to creating a more inclusive, diverse and equitable workplace where every member of Team Dow can thrive,” said Alveda J. Williams, Ph.D, Dow chief inclusion officer. “Congratulations to Mauro, Karen, Amit and Shruti. I am proud to call these leaders my colleagues.”

Dow employees selected for the Empower Role Model lists include:

Empower Executives Role Model List

Mauro Gregorio, outgoing president of Performance Materials & Coatings, Latin America oversight, executive sponsor of the Hispanic and Latin Network (HLN)Karen S. Carter, president of Packaging & Specialty Plastics

Empower Future Leaders Role Model List

Amit Shah, product director for Engineered Materials and Elastomers, Dow Consumer SolutionsShruti Bahadur, global leader, Employee Experience and Employee Resource Groups

“I’m so thrilled to be celebrating this global group of trailblazing Executives, Future Leaders and Advocates for people of color in business,” said Suki Sandhu OBE, founder and CEO of INvolve. “All the individuals within these lists are championing inclusion and leveraging their expertise and knowledge to drive impactful initiatives and strategic change within their organizations. It’s vital that people of color across global organizations can succeed and achieve career success, and these Role Models are essential drivers of change who are smashing barriers to progress. We could not effect change without them leading the way.”

Within the last year, Dow employees also achieved recognition on the INvolve Heroes Women Role Model Lists, the inaugural Enable Role Model List and the Outstanding LGBTQ+ Role Model Lists.

About Dow

Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive and sustainable materials science company in the world by visiting www.dow.com.

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For further information, please contact:

Sarah Young 
989-638-6871 
syoung3@dow.com

Global consultancy and digital solutions for all stages of the user life-cycle: sourcing, data management, analytics and reporting.Advising 30+ private equity firms globally and more than 400 portfolio companies representing +$100B assets under management.

LOUISVILLE, Ky., June 24, 2024 /3BL/ – Schneider Electric, a global leader in sustainability, today announced that it has expanded the capabilities of its global private equity and financial services consultancy within its Sustainability Business, which offers comprehensive advisory and software solutions for decarbonization and sustainable value creation for private equity funds, asset managers and other financial institutions.

The expanded global practice is currently partnering with dozens of private equity funds and asset managers, supporting 400 portfolio companies, and advising +$100B assets under management.

The expanded practice focuses on an integrated approach to ESG and sustainability consulting, energy procurement, sustainability solutions and renewable energy, enabled by a strong suite of digital solutions. Specifically, the team partners closely with private equity funds, asset managers and other financial institutions throughout the investment life-cycle – from strategy and fundraising, all the way to exit strategy.

The practice group provides financial institutions with an exclusive opportunity to evaluate and handle financed emissions, monitor ESG performance across diverse assets, facilitate communication with underlying portfolio companies, and spearhead sustainable transformation. Through this unique approach, value creation is driven through ESG transformation and decarbonization, extending to the fund level.

In a recent study conducted by the CFA Institute’s Research & Policy Center, responsible investment funds have gained significant traction over the last decade, further articulating the need for specialized fund-level services through asset managers.

“With the evolving global landscape of ESG, our finance and private equity clients have a unique challenge and opportunity to gain a competitive edge in a way that supports their sustainability objectives,” said Cristy House, North America Lead, Private Equity & Financial Practice. “We’re excited to expand our leading-edge practice to drive even more value and results for our clients through innovative end-to-end energy and solutions that service the financial sector.”

Within the new expansion, there is a greater focus on data management and reporting capabilities that help financial institutions understand and track their portfolio performance and drive impactful engagement strategy. In addition to Schneider Electric’s flagship platform EcoStruxure Resource Advisor®, which announced new ESG capabilities last year, the organization is also working with connected software solutions that drive greater client impact, alongside the newly adopted tools. The collective solution set touts fund-level data aggregation, benchmarking, predictive analytics, and dynamic data requests, specific to the private equity sector. The combined expanded data management and sector-level abilities enables Schneider Electric to meet the unique needs of each client it serves.

“For more than 20 years, our client-first approach to ESG and sustainability has allowed us to stay nimble and value-focused with our solutions,” said Irina Gilfanova, Director, Head of Private Equity Europe. “Our capabilities continue to grow rapidly as the market needs various integrated solutions and flexibility to enable private equity firms to manage their processes, track their commitments, and provide insight into their portfolio performance.” Over the years, Schneider Electric has had multiple collaborations, partnerships, and acquisitions to deliver best-in-class sustainability solutions.

Schneider’s Sustainability Business has a long-standing history with flagship financial institutions across the financial services sector. The company has been listed among the most Sustainable Corporations worldwide for the 13th time in a row, according to Corporate Knights’ 2024 Global 100, and listed as a Sustainability Leader for the 13th year in a row in the Dow Jones Sustainability World Index.

Learn more here.

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About Schneider Electric

Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.

Our mission is to be the trusted partner in Sustainability and Efficiency.

We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software, and services, delivering digital twins to enable profitable growth for our customers.

We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.

www.se.com

Discover the newest perspectives shaping sustainability, electricity 4.0, and next-generation automation on Schneider Electric Insights.

Junior Achievement of New Mexico is celebrating a 230% expansion of its program to bring financial and career readiness curriculum to more Indigenous students. A $98,000 grant from Marathon Petroleum Corporation allowed the nonprofit to expand to more schools where Indigenous students represent at least 30% of the enrollment. The nonprofit’s Indigenous Student Outreach Program served 1,491 students in 2023-24, up from 648 the year before.

The magnitude of the work done in schools by Junior Achievement (JA) of New Mexico can be seen in this note from a student: “Thank you for your help with what I want to be when I grow up. I also want to thank you for giving me more confidence to graduate high school.”

This student took part in the recent ‘JA in a Day’ event at Tres Volcanes Community Collaborative School (TVCCS) in Albuquerque. It showcased one way JA pursues its core objective of introducing K-12 students to the fundamentals of financial literacy, career readiness and entrepreneurship to better equip them for the future. ‘JA in a Day’ involves joining with educators and local volunteers to bring an entire, five-session JA curriculum to every student at a school in one day.

“Thank you for your help with what I want to be when I grow up. I also want to thank you for giving me more confidence to graduate high school.”

JA of New Mexico also used the Albuquerque event to celebrate the expansion of its Indigenous Student Outreach Program through a $98,000 grant from Marathon Petroleum Corporation (MPC), which was spread across the 2022-2023 and 2023-2024 school years.

“Prior to working with MPC, we didn’t have the funding or organizational capacity to gather data or expand outreach to educators working with Indigenous students,” said JA of New Mexico President Erin Hagenow. “With this funding, we have been able to build a full Indigenous Student Outreach Program.”

In the 2022-23 school year, JA of New Mexico served 648 students at schools where Indigenous students represent at least 30% of the population. In 2023-24, the number of students served at such schools grew 230% to 1,491. TVCCS is an example of this growth. Not only are Indigenous students 30% of the K-8 school’s enrollment, TVCCS also has a Diné Language and Culture Program, which focuses on the native language of the Navajo Nation.

MPC’s support for JA of New Mexico goes beyond funding to involve MPC employee volunteers who help present JA curriculum. During the event at TVCCS, Principal Stakeholder Engagement Manager Robert Doore, Principal Right-of-Way Specialist Michelle Gaillour and Albuquerque Light Product and Asphalt Terminals Manager Will Foster provided lessons to second, third and fourth-grade students. Board games and other instructional tools were used to explain concepts such as profit and loss in building a business, problem-solving, how to manage money and the process of applying for jobs.

“It was rewarding to see students really begin to grasp the material and understand more about possible pathways for their futures,” said Doore, who is a member of the Blackfeet Nation. “I’m proud that we are bringing this kind of education to more Indigenous student populations that may have had very little exposure to it in the past.”

Time for some fun as we harness the Ohio sun.

Enbridge, project partner EDF Renewables in North America and guests are celebrating today in Madison County, Ohio, with a ribbon cutting ceremony for the recently completed first phase of Fox Squirrel Solar.

It’s one of the largest utility-scale solar developments east of the Mississippi—1.4 million panels and 159 inverters; and peak construction that required 650 workers safely installing 10,000 panels a day.

During the event, Amazon announced it has entered into power purchase agreements for the full generation capacity, which will help contribute to Amazon’s commitment to match all of the electricity used by its operations with 100% renewable energy by 2030. The company is currently on a path to meet its goal by 2025.

As renewable energy commitments are increasingly embraced by corporations, solar projects like Fox Squirrel will help the state of Ohio realize its continuing commitment to attract business and nurture economic growth in the state.

Thomas Carbone, Enbridge’s vice president of power business development, told the crowd that Enbridge is pleased and grateful to grow its presence in the Buckeye State, amid an ongoing expansion of our renewables business.

“Fox Squirrel is a key part of our commitment to the energy transition and our plans to continue to invest in these types of projects,” Carbone said. “We look forward to working closely with all of you as we advance construction on Phases 2 and 3.”

The initial phase of Fox Squirrel has a generation capacity of 150 megawatts (MW) of solar energy. F Phase 2 is expected to be operational in mid-2024 and will generate up to 250 MW, while Phase 3 is expected to enter service in late 2024 and generate up to 177 MW.

The project extends the longstanding partnership between Enbridge and EDF Renewables that began with four wind projects in Canada 12 years ago. The growing Enbridge-EDF portfolio also includes several offshore wind projects in France.

“I am so pleased at how far we’ve come on this journey with our partners, EDF Renewables, and all we’ve achieved together,” said Carbone.

Enbridge is firmly planted in Ohio, with operations now representing every part of our business in the state—renewable power (Fox Squirrel and the Wheelersburg Solar project), liquids pipelines (Line 17, a.k.a. the Toledo Pipeline), natural gas transmission pipelines (Texas Eastern, NEXUS and Generation), and gas utilities (Enbridge Gas Ohio).

Solar power can generate electricity with no emissions, no waste production and no water use. We entered the solar business in southwestern Ontario in 2008 and continue to build our solar portfolio with several new projects – like Fox Squirrel – that are either operating or in development.

In all, the number of homes our solar investments can power each year has surpassed 45,000, based on net generation figures, which exclude our partners’ stake in projects.

By Mel Campbell 

For most people, making a deposit at an ATM or using a debit card to purchase something is almost second nature.

But that isn’t the case for everyone.

Particularly for those individuals who are neurodivergent and/or on the autism spectrum, sometimes the most seemingly simple of activities, including those associated with banking, can create challenges and anxiety.

Now, there’s help – with MagnusCards® available from Regions Bank. It’s a solution that provides easy-to-follow, step-by-step audio and visual guidance for everyday banking needs. It’s a proven product with an inspiring origin.

Founder and CEO of Magnusmode Nadia Hamilton knows first-hand the struggles of navigating a world not designed with the needs of neurodivergent brains in mind. She started with hand-drawn guides to help her autistic brother. That dedication has now blossomed into a company with solutions to remove barriers to inclusion in home, work and a variety of spaces of life.

Getting Started

Regions currently offers MagnusCards, which are available for download on IOS and Android devices, for five different banking activities:

Using a debit cardOpening a checking accountDepositing a check at a Regions ATMWithdrawing funds from a Regions ATMUsing Regions Online Banking services

Information on the cards is available from the Accessibility section of regions.com. The card decks are accessible from the Magnusmode app (available from the Apple store and Google Play). Once you have downloaded the app, you will need to create an account, then select the Money Management icon, and select the Regions logo.

“By becoming an Inclusion Partner with Magnusmode and working with its autism education specialists to develop our MagnusCards, we’re now better positioned to serve our customers with neurodiverse abilities and enable them to manage their banking needs with more confidence,” said Kathy Lovell, disability outreach and services manager for Regions.

Help for Those They Serve, Those They Love

When it comes to providing services to people, whether from a teacher, support worker, or others, having effective tools to help is crucial.

And for the people you love, it might seem simplistic to say that it also becomes personal. For several Regions associates, the rollout of Regions MagnusCards is more than just something useful for someone in the community; it’s something they know can be helpful … because they live it.

“My son is autistic and having something like this is amazing,” said Andrea Latham, Relationship Banker at the Cool Springs East Branch in Franklin, Tenn. “This is a life-changing product.”

With the help of various resources, our family has watched Alvin overcome the challenges of autism to become a state-champion athlete, perform at Carnegie Hall, and prepare to soon graduate with a bachelor’s degree in mathematics. His next hurdles include beginning a career and gaining financial confidence to live and thrive on his own. It’s comforting to know he can now have a tool like MagnusCards in his quiver to help him reach his greatest potential.

Veleka Finch, Regions Corporate Communications

Learn more about Regions accessibility accommodations for neurodivergent and autistic individuals including available sensory packs and quiet spaces in branches.

Hershey

By Leigh Horner, Chief Sustainability Officer

Key Takeaways:

ESG (environmental, social, and governance) initiatives matter to our stakeholders because they are business imperativesBuilding a more resilient cocoa supply chain remains Hershey’s top sustainability priorityHershey is refreshing its sustainability strategy in 2024 as we plan how to drive our business forward and create the next phase of impact across our material issues

ESG means different things to different people. But one thing I find to be true regardless of how you interpret that acronym is that when I talk to colleagues, consumers, customers and partners about the work we are doing, it matters.

It matters that farms have healthy soil and tree cover because our products rely on ingredients that are grown around the world, and our supply chains are dependent on the balance of those ecosystems. It matters that we are operating our facilities efficiently, reducing our energy emissions, water footprint and material waste. It matters that the people who work for and with us are treated with respect and integrity. These are business imperatives, and they’re what our consumers expect from us.

When you are in the business of making more moments of goodness, you also want those moments to feel good. In our 2023 ESG Report, we share what we’ve accomplished over the last year to make our business more resilient and sustainable and the challenges that we’ve encountered along the way.

Creating a more resilient supply chain

Cocoa continues to be our highest priority as it is central to our iconic chocolate brands. Unprecedented pricing volatility and underlying systemic issues affecting the cocoa ecosystem underscore that a resilient supply chain is critical to our business and those that work within it. Through our Cocoa For Good strategy, we are working to create a supply chain where farmers, and their children and families, can prosper. Over the last year, we laid the groundwork for a new approach to building long-term partnerships with farmers where they can professionalize and thrive. As of December 2023, we have invested 51% of our $500 million commitment.

In 2023, we launched the Hershey Income Accelerator Program which aims to improve farmers’ livelihoods and reduce poverty in cocoa-growing communities. In its first year, we reached 1,850 farmers and paid our first wave of cash transfers to farming households. And we continue ambitious initiatives to build schools in rural farming communities in Côte d’Ivoire.

Progress on our key priorities

We continued progress in reducing Hershey’s emissions with a keen business focus on our owned emissions. We also expanded efforts to reduce emissions in our value chain while advancing nature-based projects to combat climate change. We set water usage reduction targets for priority sites where water is most scarce. Our run of success in reducing packaging waste sent to landfills continued in 2023, as we phased out more than 1.7 million pounds of material by eliminating, redesigning and reducing packaging.

We continue to operate with high integrity and build an inclusive workforce. We are proud of recognitions like being certified as a Great Place to Work® in the U.S., Canada, Mexico, Brazil, India and Malaysia, named as one of the World’s Most Ethical Companies by Ethisphere, and most recently taking the #1 spot on Fair360’s top companies for diversity in 2024.

Meeting the moments ahead

In 2024, we are refreshing our sustainability strategy in anticipation of several of our commitments maturing in the next year. We will continue to implement our Cocoa For Good strategy, building longer-term relationships with cocoa farmers, families and communities. This, in turn, helps give us a deeper understanding of how to build a more economically resilient supply chain. We are scaling our work to meet our emissions targets and updating our sustainable packaging strategy to reduce materials and improve circularity.

It’s an exciting time to be at Hershey as our business grows and we continue on our journey to become a Leading Snacking Powerhouse. As we transform our business and the world changes around us, the work detailed in our ESG Report has never mattered more to our business and consumers. We’re proud of the way we do business. It’s Goodness in Action.

Originally published in FedEx’s 2023 FedEx Cares Report

New ideas for smart and sustainable mobility

In 2022, FedEx supported the EIT Climate-KIC Sustainable Cities Climate Impact Challenge to launch climate-friendly transportation projects in European cities. In 2023, four cities began implementing sustainable mobility solutions aiming to transform urban living and work. Explore the winning cities’ projects below.

Olot, Spain: As biking becomes an increasingly popular form of mobility, Olot wants to encourage more residents to trade four wheels for two. The winning project is building a network of enclosed, secure bike parking locations where cyclists can park safely for several hours without worry about theft. Learn More

Karasu, Turkey: A popular summer destination, Karasu faces increased congestion with seasonal visitors. The winning green mobility project aims to connect coastal bike paths to the city center, creating safer spaces for walkers, cyclists, and scooter-riders through dedicated bike lanes and infrastructure improvements. Learn More

Hackney, UK: Hackney is a densely populated and culturally diverse part of London, facing high levels of inequality and air pollution. The winning project awarded 14 small businesses with a grant to purchase a cargo bike to make deliveries, carry out client visits, and grow their enterprises. Learn More

Espoo, Finland: This city of over 305,000 residents blends urban life with nature, making it ideal for cycling. Yet, immigrants here face barriers to this mode of transport. The winning green mobility project promotes social inclusion and gender equality by offering free workshops that teach cycling skills and give participants increased freedom and mobility. Learn More

Read more