At Qurate Retail GroupSM, we continue to make significant advancements towards our critical role in protecting the environment, championing empowerment and belonging, and curating product responsibly. We do this by inspiring a more sustainable way to retail through actions that accelerate business growth and positively impact employees, customers, communities, business partners, and the planet.

One of the myriad ways we inspire a more sustainable way to retail is through our championing empowerment & belonging pillar. This includes a strategic imperative around delivering measurable and differentiated social and community impact through focused cause marketing and giving programs which embrace our responsibility to our stakeholders and society at large. As a result, our 2023 Global Contribution Summary Report highlights the many impactful ways we collectively made a difference last year through the continued commitment of our customers, vendors, and team members to building a brighter future through their contributions to meaningful causes which support our communities.

In 2023, we generated over $33.8 million for more than 1,423 charities worldwide. This includes:

17,000+ team member volunteer hours where we saw a 125% increased usage of paid volunteer days between 2022-2023, impacting 462 charities.Over $1.2 million in team member giving through our global giving program, Together for Good, which provides a 200% match on team member donations.$24.7+ million product & other in-kind donations through local and global organizations to impacted communities in 17 countries, including distribution through global partner World Vision.$9.6+ million towards women’s empowerment & entrepreneurship resulting in $41+ million total contributions towards such causes since 2020, bringing us closer to our 2025 target of $50 million.$4.3+ million for cause marketing such as QVC® U.S.’s Living for Giving benefiting Feeding America, HSN® and Cornerstone’s support of  St. Jude, Cornerstone’s One Warm Coat partnership, QVC Japan’s Pink Ribbon Month and more.

“Qurate Retail Group’s Global Impact team seeks to embed inclusion, sustainability, and social responsibility into all aspects of our business. Through our dedicated focus on community and social impact, we’re proud of the $33.8+ million we raised in 2023 to continue our tradition of giving back,” said Suzanne Quigley, Director Global Corporate Responsibility, Qurate Retail Group. “With the addition of our total giving this past year, we’ve been able to contribute over $148 million to causes since 2020, surpassing our commitment to reach $100M between 2020-2025. We’re grateful to our team members, customers, and vendor community who have given generously to reach this milestone.”

To learn more about Qurate Retail Group’s Corporate Responsibility initiatives and summary reports, visit:  www.qurateretailgroup.com/lp/corporate-responsibility.

International Olympic Committee news

Take a stroll around the more than 30 venues of the Olympic Games Paris 2024 and one thing is apparent: most of them look familiar. That’s because most Paris 2024 venues were built long before the city’s candidature to host the Games.

From the iconic 80,000-seat Stade de France in Saint Denis – home to athletics, Para athletics and rugby sevens – to the Saint-Quentin Velodrome, which will host the cycling events, 95 per cent of the Olympic venues are facilities that either already existed or have been temporarily assembled and will be dismantled for future reuse after the Games. The names of other major venues, such as Roland Garros and Parc des Princes, will also be familiar to sports fans from around the world. Spectators will be able to access all of them by public transport.

In addition, an important part of the Paris 2024 strategy is to keep travel between venues to a minimum. Almost all the Olympic venues located in the Paris area are within 10 kilometres of the city centre.

A new model for the Games

In the past, cities transformed and developed to accommodate the Olympic Games. But with Olympic Agenda 2020, the IOC’s strategic roadmap that places sustainability and legacy at its heart, the approach has shifted to make the Games adapt to the hosts and to their long-term needs. Adopted in 2015, Olympic Agenda 2020 requires organisers to maximise the use of existing and temporary venues, minimise the environmental impact and use the Games as a catalyst to create long-term benefits for local populations.

We are collectively creating a new model for the Games to ensure they reduce their footprint, while maximising the positive impacts on the lives of local people. Paris 2024 puts that model into action in a spectacular way, and the venues are the most visible example of this,

Marie Sallois

IOC Director for Sustainability

“Paris 2024 puts that model into action in a spectacular way, and the venues are the most visible example of this,” says IOC Director for Sustainability Marie Sallois.

As the first Olympic Games to be fully aligned with Olympic Agenda 2020 requirements, Paris 2024 is using 95 per cent existing venues, which have been upgraded and modernised – not just for the Games, but to ensure long-term opportunities for local communities to practise sport. In addition, thanks to the momentum created by the Games, the French government has pledged to build 5,000 “proximity” sports grounds across the country, ensuring easier access to sport for everyone, closer to their homes.

The “reduce, repurpose and re-use” approach for venues is set to provide a springboard for the decarbonisation of France’s construction industry. The country hopes to cut carbon in the building sector as the European Union aims to reduce the bloc’s overall emissions by 55 per cent by 2030.

New venues, old construction materials

Even those venues which have been built specifically for this year’s Games have been constructed with the principle of reducing and reusing in mind. The stunning 5,000-seater Olympic Aquatics Centre in Seine-Saint-Denis has been described as the “main architectural icon for a Summer Games that is actively trying not to build them.” The ultra-low carbon structure was built using only bio-based materials – mainly timber – and its roof boasts a giant 5,000m2 solar farm. Its concave shape helps naturally heat the air and controls the humidity levels in the venue. Inside, the 5,000 spectator seats were made from recycled plastic bottle caps.

It is no coincidence that both the Aquatics Centre and the Olympic Village have been built in the north-eastern suburbs of Paris, where some of the city’s most under-invested neighbourhoods are located. More than half of 11-year-olds in the area do not know how to swim. After the Games, the Aquatics Centre will cater to the local community as a multi-sports hub, offering swimming, climbing and fitness facilities.

An Olympic Village for the future

The focus on sustainability goes beyond the competition venues themselves. The Olympic Village – home to a total of 23,500 athletes and support staff during the Games and Paralympic Games – has been designed to become a new residential neighbourhood, with more than 2,800 apartments. A quarter of these apartments will become public housing, while the rest will offer affordable flats for low-income workers and students. The first residents are set to move in in the spring of 2025.

“From the start, we were thinking both short and long term,” says Marion le Paul, Joint Director-General of SOLIDEO, the public body responsible for delivering the Games’ infrastructure. “The Village will have a second life long after the Games – in fact that will be its real life.”

With minimal new construction, an emphasis on using existing venues and investment in the long-term needs of the city’s residents, Paris 2024 feels like a game-changer.

“By setting an environmental and social example and through innovation, and by placing so much emphasis on creating lasting benefits for local communities even before the Games begin, Paris 2024 is setting new standards for the Olympic Games and other major sporting events,” says Marie Sallois.

PORTLAND, Ore., July 19, 2024 /3BL/ —Northwest Housing Alternatives(NHA) has received a $300,000 grant from KeyBank to provide education and outreach for climate-related disaster preparation and emergency supplies directed to the low-income households living in NHA properties.

As the leading not-for-profit developer of affordable housing in Oregon, NHA serves some of the most vulnerable populations in the state, including seniors, people of color, people with disabilities and families living on low incomes. NHA notes that these groups are far more likely to be impacted by environmental disasters and emergencies and are less likely to have the necessary supplies and preparations to safely weather them. 

The grant will support the expansion of an existing program to distribute emergency supplies and hold educational events covering emergency preparedness and sustainability initiatives, including ways to conserve water and reduce waste and utility usage. It will also connect residents with utility assistance to free up funds for other essentials, such as rent, groceries and medications.

In addition, it will support more sustainable building, certifying all new housing developments to Earth Advantage standards and reducing energy consumption and cost by up to 30% compared to conventional building standards. 

 “At KeyBank, our mission is to help our communities thrive, and emergency preparedness is a foundational step,” said Josh Lyons, KeyBank Oregon and SW Washington Market President. “Because vulnerable households, such as those served by NHA, have fewer resources to fall back on, the impact of a disaster can be particularly devastating. By providing these families with essential emergency supplies and the knowledge to use them effectively, we are empowering them to protect themselves and their loved ones in times of crisis.”

“Over the past several years, we’ve seen the devastating impact of climate-related disasters such as ice storms, heat waves, and wildfires on the residents living in NHA properties,” said Trell Anderson, Executive Director of Northwest Housing Alternatives. “We know that these once rare events are becoming increasingly commonplace in our region. This grant will help us extend our reach to ensure that residents know what to do to stay safe in the event of a natural disaster and help limit the impacts of our changing climate.” 

About Northwest Housing Alternatives

Founded in 1982, Northwest Housing Alternatives (NHA) is a leading not-for-profit developer of affordable housing in Oregon. Our mission is to create opportunity through housing. To that end, NHA develops, builds, and manages rental housing designed for Oregonians with extremely limited incomes; most NHA households earn less than $22,000 per year. These homes help families live healthy and stable lives, allow older adults to age in place, and give people with disabilities a dignified residence. Along with providing affordable housing, NHA provides services that connect tenants to critical health and community resources, work to prevent homelessness before it begins, and offer emergency shelter and services for families experiencing homelessness.

About KeyCorp 

KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at March 31, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC. 

###

July 19, 2024 /3BL/ – Kenvue is advancing its commitment to educating adults and youth about the importance of practicing safe skin care and overall skin health. Beginning now with Ultraviolet (UV) Safety Month in July, the company’s Neutrogena brand is collaborating with Walgreens and the Melanoma Research Foundation (MRF) to equip families with the information they need to protect their skin from the sun by offering free skin cancer screenings and education on effective skincare products.

“Summer is full of opportunities to enjoy the outdoors and create fun memories with friends and loved ones, but it also increases our skin’s exposure to harmful UV rays,” said Liz Pandya, Head of Public Health and Education, Kenvue*. “That’s why we’re proud to help arm families with the knowledge and resources they need to be sun safe every day.”

In collaboration with Neutrogena, Walgreens is hosting SPF Fest, an outdoor interactive community-oriented event in Chicago featuring Neutrogena experts, products, and free skin cancer screenings provided by the MRF. According to the MRF, nearly 93% of cutaneous melanomas are related to excess UV exposure, and regular screenings are vital to help detect melanoma in its earliest stages.

“We’re thrilled to work alongside Neutrogena and MRF to educate Chicagoans on the importance of protecting our skin during the long summer days spent in the sun,” said Heather Hughes, Group Vice President and General Merchandise Manager for Health, Wellness, Beauty, and Personal Care at Walgreens. “Customers outside of the Chicago area can always stop by their local Walgreens to consult with our Beauty and Wellness Consultants and Pharmacists for personalized sunscreen recommendations tailored to their individual needs.”

“As the largest independent organization devoted to eradicating melanoma, the MRF is pleased to collaborate with its longstanding National Prevention Partner, Neutrogena, and Walgreens this UV Safety Month at the upcoming SPF Fest,” says MRF CEO Kyleigh LiPira. “Fostering patient education and promoting awareness around the importance of sun safety and prevention is integral to the MRF’s mission and we are elated to facilitate complimentary skin checks for the greater Chicago community.”

Kenvue is also advancing skin protection education through its sponsorship of Young Minds Inspired, a leading provider of free educational outreach programs for learners of all ages. As part of the sponsorship, this fall, Young Minds Inspired will launch a free education program, Sun Safety for All, that teaches the basics of skin health through sun safety. Developed alongside experts in youth education and dermatology, the program is geared toward teachers, students, and families. It’s a turn-key program flexibly designed with digital and print resources to support ELA, Science & health curricula.

“UV rays don’t stop as the summer winds down and it’s time to go back to school, and neither should protective skin care,” added Pandya. “By working with Young Minds Inspired, we’re making it fun and engaging to learn what it means to practice safe skin care. We hope that teachers and families embrace the program for a healthy start to the new school year.”

“YMI, the leading provider of educational materials, is proud to collaborate with Kenvue to develop a sun care educational campaign that will engage millions of kids in grades 3rd through 8th and their families,” added Donald Lay, Managing Partner and Owner at YMI, Inc. “Our interactive print and digital content will educate and increase awareness about the effects of UV rays on the skin and the importance of consistent sun protection. Together, we can make a difference in protecting families and promoting overall well-being.”

The Sun Safety for All program will begin as a pilot, with a rollout scheduled in 20 states timed for the back-to-school season.

# # #

To learn more about Neutrogena’s collaborations in advancing skin health education or to set up an interview with Elizabeth Pandya, please contact media relations, Mike Stouber at mstoub01@kenvue.com.

* Liz Pandya is an employee of Johnson & Johnson Consumer, Inc.

Comcast NBCUniversal has deep connections with the military community. Thousands of our teammates have and continue to wear the uniform, starting with our founder, World War II Navy veteran Ralph Roberts.

It’s our privilege to be a military-ready company, delivering ways for veterans, service members, and military families to connect through media and technology. Here are several ways we humbly thank those who’ve served.

Xfinity Military Benefits

Whether it’s a sergeant catching up on his spouse’s day while away for training or a group of battle buddies gaming online, Xfinity is committed to connecting our military customers to what they love.

New and existing military-connected customers can enjoy our Xfinity Military Benefits, including:

$15/month discount to apply to their choice of Xfinity services via a $180 prepaid gift card.One free Xfinity Mobile line for a year with the added flexibility to take the nation’s fastest mobile service wherever duty calls. (Requires subscription to Xfinity Internet services.)Automatic Xfinity Diamond Rewards status, which includes:Free Peacock PremiumAccess to 80,000+ hours of the best in TV, hundreds of hit movies, plus LIVE sports, including Sunday Night Football and Premier League.Access to great entertainment with $1 movie nights, tickets to local sporting events, giveaways, and more.

To learn more and get started, visit www.Xfinity.com/Military.

Universal Destinations & Experiences Offers

Active service members, military retirees, and military spouses can enjoy a vacation that actually feels like a vacation. As our way of saying thank you, Universal Orlando Resort offers discounted park tickets, vacation packages, and resort stays.

Visit Universal Military Ticket Deals and Specials to learn more.

Keeping the Military Community Connected

Comcast NBCUniversal is committed to keeping military members and their families connected to the tools and resources they need to thrive in a digital-first world. Through our Project UP initiative, we partner with military community-serving organizations nationwide to provide digital skills-building programs, entrepreneurship opportunities, and access to essential broadband and technology.

Additionally, our Internet Essentials program connects thousands of veterans and military families to the Internet for as low as $9.95/month. As the nation’s largest and most successful private-sector broadband adoption program, we believe everyone should have access to the power of fast, reliable, and affordable Internet.

Comcast NBCUniversal has deep connections with the military community. Thousands of our teammates have and continue to wear the uniform, starting with our founder, World War II Navy veteran Ralph Roberts.

It’s our privilege to be a military-ready company, delivering ways for veterans, service members, and military families to connect through media and technology. Here are several ways we humbly thank those who’ve served.

Xfinity Military Benefits

Whether it’s a sergeant catching up on his spouse’s day while away for training or a group of battle buddies gaming online, Xfinity is committed to connecting our military customers to what they love.

New and existing military-connected customers can enjoy our Xfinity Military Benefits, including:

$15/month discount to apply to their choice of Xfinity services via a $180 prepaid gift card.One free Xfinity Mobile line for a year with the added flexibility to take the nation’s fastest mobile service wherever duty calls. (Requires subscription to Xfinity Internet services.)Automatic Xfinity Diamond Rewards status, which includes:Free Peacock PremiumAccess to 80,000+ hours of the best in TV, hundreds of hit movies, plus LIVE sports, including Sunday Night Football and Premier League.Access to great entertainment with $1 movie nights, tickets to local sporting events, giveaways, and more.

To learn more and get started, visit www.Xfinity.com/Military.

Universal Destinations & Experiences Offers

Active service members, military retirees, and military spouses can enjoy a vacation that actually feels like a vacation. As our way of saying thank you, Universal Orlando Resort offers discounted park tickets, vacation packages, and resort stays.

Visit Universal Military Ticket Deals and Specials to learn more.

Keeping the Military Community Connected

Comcast NBCUniversal is committed to keeping military members and their families connected to the tools and resources they need to thrive in a digital-first world. Through our Project UP initiative, we partner with military community-serving organizations nationwide to provide digital skills-building programs, entrepreneurship opportunities, and access to essential broadband and technology.

Additionally, our Internet Essentials program connects thousands of veterans and military families to the Internet for as low as $9.95/month. As the nation’s largest and most successful private-sector broadband adoption program, we believe everyone should have access to the power of fast, reliable, and affordable Internet.

Over 50 percent of the nation’s drinking water originates from forests and timberland owners play an important role in protecting water quality. The role of water quality BMPs is to conserve and protect water quality by minimizing sediment through the filtering ability of natural vegetation and erosion control measures adjacent to water bodies. BMPs include practices such as leaving streamside management zones (SMZs) during harvest, properly designing and constructing logging roads, and using logging methods and equipment that protect water quality.

SMZs are unharvested or lightly harvested buffers that run along the length of streams and are designed to capture runoff and sediment. The SMZs provide significant other benefits, including stabilizing the banks of streams and acting as a source of food for aquatic organisms. By retaining trees alongside the streams, SMZs also shade the water’s surface from direct sunlight and significantly reduce radiative heating, keeping streams cool and clear, a particularly important objective in northern regions where cold-water fisheries are present. Riparian areas are important habitats for wildlife species and SMZs can provide wildlife with favorable habitat and travel corridors.

In addition to SMZs, proper design and construction of logging roads and use of logging methods and equipment that protect water quality are key components of our BMP implementation program in our Environmental Management System. Objectives include preventing surface water from flowing directly into a stream, keeping debris away from drainage zones, and minimizing sediment. Sediment is minimized for harvesting operations through BMPs that are designed to disconnect surface flow in areas where equipment may have exposed soil. Disconnecting is accomplished by building small earthen diversions or placing treetops or “slash” where water may flow, moving it off exposed soils, slowing the runoff, and causing the water to filter into the forest floor, which traps sediment.

Road construction, reconstruction, and maintenance can be a source of sediment that negatively impacts water quality and fisheries’ habitats. Our roads are designed to avoid or minimize stream crossings and to cross streams at right angles. If roads cross streams, we implement BMPs on all crossings to minimize stream sediment. Permanent stream crossings use bridges or culverts and are designed to protect the approaches to crossings from erosion. Proper road drainage is ensured using dips, bridges, and culverts, with an objective to disperse water away from the road and promote filtration into the soil.

The effectiveness of water quality BMPs implemented during harvesting, road building and site preparation has been the focus of numerous scientific studies. The results repeatedly show that the BMPs protect water quality and provide for healthy aquatic habitats supporting fish, aquatic insects, and mussels and clean water for human use and consumption.

Thirty years ago, we established the Mica Creek Experimental Watershed – an area southeast of Coeur d’Alene, Idaho, comprising the 6,672-acre catchments of Mica Creek, a tributary of the St. Joe River. We created this “living laboratory” for one main reason: to conduct a multi-decade study of the effects of contemporary water quality BMPs on stream quality. Conclusions to date show that forest management that adheres to Idaho Forest Practices Act BMPs has little to no adverse effect on streams or aquatic life.

Over 50 percent of the nation’s drinking water originates from forests and timberland owners play an important role in protecting water quality. The role of water quality BMPs is to conserve and protect water quality by minimizing sediment through the filtering ability of natural vegetation and erosion control measures adjacent to water bodies. BMPs include practices such as leaving streamside management zones (SMZs) during harvest, properly designing and constructing logging roads, and using logging methods and equipment that protect water quality.

SMZs are unharvested or lightly harvested buffers that run along the length of streams and are designed to capture runoff and sediment. The SMZs provide significant other benefits, including stabilizing the banks of streams and acting as a source of food for aquatic organisms. By retaining trees alongside the streams, SMZs also shade the water’s surface from direct sunlight and significantly reduce radiative heating, keeping streams cool and clear, a particularly important objective in northern regions where cold-water fisheries are present. Riparian areas are important habitats for wildlife species and SMZs can provide wildlife with favorable habitat and travel corridors.

In addition to SMZs, proper design and construction of logging roads and use of logging methods and equipment that protect water quality are key components of our BMP implementation program in our Environmental Management System. Objectives include preventing surface water from flowing directly into a stream, keeping debris away from drainage zones, and minimizing sediment. Sediment is minimized for harvesting operations through BMPs that are designed to disconnect surface flow in areas where equipment may have exposed soil. Disconnecting is accomplished by building small earthen diversions or placing treetops or “slash” where water may flow, moving it off exposed soils, slowing the runoff, and causing the water to filter into the forest floor, which traps sediment.

Road construction, reconstruction, and maintenance can be a source of sediment that negatively impacts water quality and fisheries’ habitats. Our roads are designed to avoid or minimize stream crossings and to cross streams at right angles. If roads cross streams, we implement BMPs on all crossings to minimize stream sediment. Permanent stream crossings use bridges or culverts and are designed to protect the approaches to crossings from erosion. Proper road drainage is ensured using dips, bridges, and culverts, with an objective to disperse water away from the road and promote filtration into the soil.

The effectiveness of water quality BMPs implemented during harvesting, road building and site preparation has been the focus of numerous scientific studies. The results repeatedly show that the BMPs protect water quality and provide for healthy aquatic habitats supporting fish, aquatic insects, and mussels and clean water for human use and consumption.

Thirty years ago, we established the Mica Creek Experimental Watershed – an area southeast of Coeur d’Alene, Idaho, comprising the 6,672-acre catchments of Mica Creek, a tributary of the St. Joe River. We created this “living laboratory” for one main reason: to conduct a multi-decade study of the effects of contemporary water quality BMPs on stream quality. Conclusions to date show that forest management that adheres to Idaho Forest Practices Act BMPs has little to no adverse effect on streams or aquatic life.

by Jonathan Wood, Chief Technology Officer

OUR COMMITMENT TO SUSTAINABILITY

I came to Cummins because of the opportunity to work on innovative products
that exceed customers’ expectations and lessen our impact on the environment. Three decades later, we’ve made tremendous strides on both fronts and have an exciting future ahead of us.

As Chief Technical Officer (CTO) at Cummins, I get to live out my purpose and passion every day, seeing how our engineering and environmental expertise seamlessly intersects with our commitment to sustainability. That is because the company’s approach to sustainability is grounded in our mission of “making people’s lives better by powering a more prosperous world.”

A more prosperous world goes beyond a financial component to include a world with clean and sustainable air and water, and strong, vibrant communities. 

A LEGACY OF INNOVATION WITH IMPACT

Cummins has a long history of setting ambitious sustainability goals and leading our industry in those efforts. We intend to honor and further that legacy. Our sustainability goals are put into action by PLANET 2050, our environmental sustainability strategy, which seeks to ensure we do our part to address climate change and air emissions, use natural resources in
the most sustainable way and make communities better because we are there. PLANET 2050 includes quantifiable goals for 2030 along with visionary, longer-term aspirations for 2050. We annually report progress against these 2030 goals — to reduce absolute greenhouse gas (GHG) emissions from facilities and operations by 50% and reduce scope 3 absolute lifetime GHG emissions from newly sold products by 25% — as well as the other seven goals.

DECARBONIZING FOR THE FUTURE

The biggest impact we can make to meet our bold sustainability goals is by continuing to execute our product decarbonization strategy, called Destination Zero. This strategy is a customer-driven, multi- solution approach that advances engine-based solutions now while innovating for the future by developing new zero-emissions solutions for the diverse applications we serve.

Over the past several years, we have acted to increase the understanding and management of the complicated factors impacting climate-related matters while also showing meaningful outcomes that demonstrate our commitment to addressing them. Our industry is heavily impacted by external pacing factors, such as customer adoption of new technologies, stronger GHG-reducing regulations, broader availability of lower-carbon fuels and infrastructure buildout. Those factors are progressing slower than anticipated when we established the goals.

Given the impact of those highly influential pacing factors and increased growth in engine volumes, the 2023 emissions increased from the baseline. However, the company has made progress in decreasing GHG per unit from the prior year. Despite the challenges associated with slower adoption rates of lower- carbon technology solutions, we remain resolute
that our Destination Zero strategy is the right one. By continuing to advance cleaner engine-based solutions and not waiting until 2035 to go to market with fully zero-emissions solutions, we estimate a cumulative carbon reduction impact of greater than 1.4 gigatons — the equivalent of removing all trucks globally from the road for three years.

I invite you to read about our key product launches and partnerships throughout this year’s report, particularly those in our innovation story. They are evidence of our strategy in action.

TALENT, TECHNOLOGY AND TOOLS

As CTO, my team and I are ultimately responsible for tracking toward and achieving the company’s environmental goals, driven by the work our technical and environmental experts do day in and day out and realized by the collective actions of all employees. Our environmental initiatives are critical to our long- term success and the future of our planet, and it takes the right portfolio of talent, technology and tools to get there.

ASSESSING OUR PROGRESS

In the environmental section, you will see a transparent assessment of the progress we made in 2023. I want to call out a few key highlights:

The company completed 24 onsite solar projects to increase use of renewable energy. The completed projects reduce over 14,486 metric tons of carbon dioxide equivalent (CO2e) annually. We now have
66 global sites with solar arrays.We announced a memorandum of understanding with Chevron U.S.A. Inc. to leverage complementary positioning in hydrogen, natural gas and other lower- carbon fuel value chains with plans to improve access to fuel and infrastructure for customers, helping grow the availability of alternative and renewable fuels while reducing emissions.Through partnerships with global nonprofits, including The Nature Conservancy, Water.org and WaterAid, Cummins Water Works ended 2023 having helped more than 1.2 million people and generated approximately 6.9 billion gallons in annual water benefits since its 2021 launch. In 2023, the program’s annual water benefits far surpassed the company’s global water consumption of 972.3 million gallons.For a deeper understanding of these goals, please review the full Environment section.

Read the full 2023-2024 Cummins Sustainability Progress Report 

by Jonathan Wood, Chief Technology Officer

OUR COMMITMENT TO SUSTAINABILITY

I came to Cummins because of the opportunity to work on innovative products
that exceed customers’ expectations and lessen our impact on the environment. Three decades later, we’ve made tremendous strides on both fronts and have an exciting future ahead of us.

As Chief Technical Officer (CTO) at Cummins, I get to live out my purpose and passion every day, seeing how our engineering and environmental expertise seamlessly intersects with our commitment to sustainability. That is because the company’s approach to sustainability is grounded in our mission of “making people’s lives better by powering a more prosperous world.”

A more prosperous world goes beyond a financial component to include a world with clean and sustainable air and water, and strong, vibrant communities. 

A LEGACY OF INNOVATION WITH IMPACT

Cummins has a long history of setting ambitious sustainability goals and leading our industry in those efforts. We intend to honor and further that legacy. Our sustainability goals are put into action by PLANET 2050, our environmental sustainability strategy, which seeks to ensure we do our part to address climate change and air emissions, use natural resources in
the most sustainable way and make communities better because we are there. PLANET 2050 includes quantifiable goals for 2030 along with visionary, longer-term aspirations for 2050. We annually report progress against these 2030 goals — to reduce absolute greenhouse gas (GHG) emissions from facilities and operations by 50% and reduce scope 3 absolute lifetime GHG emissions from newly sold products by 25% — as well as the other seven goals.

DECARBONIZING FOR THE FUTURE

The biggest impact we can make to meet our bold sustainability goals is by continuing to execute our product decarbonization strategy, called Destination Zero. This strategy is a customer-driven, multi- solution approach that advances engine-based solutions now while innovating for the future by developing new zero-emissions solutions for the diverse applications we serve.

Over the past several years, we have acted to increase the understanding and management of the complicated factors impacting climate-related matters while also showing meaningful outcomes that demonstrate our commitment to addressing them. Our industry is heavily impacted by external pacing factors, such as customer adoption of new technologies, stronger GHG-reducing regulations, broader availability of lower-carbon fuels and infrastructure buildout. Those factors are progressing slower than anticipated when we established the goals.

Given the impact of those highly influential pacing factors and increased growth in engine volumes, the 2023 emissions increased from the baseline. However, the company has made progress in decreasing GHG per unit from the prior year. Despite the challenges associated with slower adoption rates of lower- carbon technology solutions, we remain resolute
that our Destination Zero strategy is the right one. By continuing to advance cleaner engine-based solutions and not waiting until 2035 to go to market with fully zero-emissions solutions, we estimate a cumulative carbon reduction impact of greater than 1.4 gigatons — the equivalent of removing all trucks globally from the road for three years.

I invite you to read about our key product launches and partnerships throughout this year’s report, particularly those in our innovation story. They are evidence of our strategy in action.

TALENT, TECHNOLOGY AND TOOLS

As CTO, my team and I are ultimately responsible for tracking toward and achieving the company’s environmental goals, driven by the work our technical and environmental experts do day in and day out and realized by the collective actions of all employees. Our environmental initiatives are critical to our long- term success and the future of our planet, and it takes the right portfolio of talent, technology and tools to get there.

ASSESSING OUR PROGRESS

In the environmental section, you will see a transparent assessment of the progress we made in 2023. I want to call out a few key highlights:

The company completed 24 onsite solar projects to increase use of renewable energy. The completed projects reduce over 14,486 metric tons of carbon dioxide equivalent (CO2e) annually. We now have
66 global sites with solar arrays.We announced a memorandum of understanding with Chevron U.S.A. Inc. to leverage complementary positioning in hydrogen, natural gas and other lower- carbon fuel value chains with plans to improve access to fuel and infrastructure for customers, helping grow the availability of alternative and renewable fuels while reducing emissions.Through partnerships with global nonprofits, including The Nature Conservancy, Water.org and WaterAid, Cummins Water Works ended 2023 having helped more than 1.2 million people and generated approximately 6.9 billion gallons in annual water benefits since its 2021 launch. In 2023, the program’s annual water benefits far surpassed the company’s global water consumption of 972.3 million gallons.For a deeper understanding of these goals, please review the full Environment section.

Read the full 2023-2024 Cummins Sustainability Progress Report 

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