This article is authored by Stephen Zetarski, President of Nuvolo, Trane Technologies.

For decades, buildings were treated as static infrastructure. Heating and cooling systems ran on fixed schedules. Space was planned once and then rarely (if ever) revisited. Energy use was tracked after the fact rather than optimized in real-time.

That model no longer fits how we operate today. Work patterns have changed. Occupancy is fluid. Assets are more complex. Expectations around comfort, efficiency and sustainability are higher. Organizations are also under pressure to reduce energy use and operating costs while extending the life of critical equipment.

Smart buildings rely on the integration of many technologies—from HVAC and building automation to IoT sensors, controls, and AI analytics. An Integrated Workplace Management System (IWMS) plays a key role in this ecosystem by connecting the data, processes and workflows that allow these technologies to work together. An IWMS provides the operational backbone that helps organizations optimize maintenance, space use and asset decisions across their portfolio.

That is the space where Nuvolo has built our expertise. Recognized as a leader in next-generation connected workplace and enterprise management solutions, Nuvolo gives organizations a unified way to manage space, assets, maintenance and the workplace experience across their portfolio. In 2023, Nuvolo joined the Trane Technologies family of organizations to help meet the growing demand for intelligent workplace and asset management solutions.

Some companies talk about sustainability, while others talk about operations and costs. Very few look at that picture holistically. What makes our model different is that we are intentionally solving for both performance and decarbonization across the building lifecycle. We are not just optimizing a single system or metric; we are helping customers manage how the built environment is designed, operated and experienced. The result is powerful: a single cohesive framework that links how smart buildings perform with how people actually use them, so that decisions about cost, comfort and sustainability are made together instead of in silos.

What is a smart building?

A smart building is one that is optimized for day-to-day efficiency and comfort along with long-term goals like operating cost reduction, capital planning, lease management, utilization reporting and tenant satisfaction. Integrating tools like IWMS, building automation and AI-powered advanced analytics can help organizations manage systems, energy use and occupancy, improving everything from energy costs to desk and room use. These tools also help track and maintain assets and equipment to support preventive maintenance and integrate asset lifecycle data that can help optimize replacement or upgrade timing and cost. At the same time, they support the workplace experience for employees, ranging from room bookings to comfort or service requests.

One of the biggest misconceptions is that a building can become “smart” one device at a time. But you can have a smart HVAC unit, a smart lighting system and a smart elevator network, and still make suboptimal operations decisions if those systems are not coordinated. Many buildings are “efficient on paper” but waste resources in practice because of poor coordination, underutilization and outdated operating assumptions. Whole-building intelligence means moving away from the model of optimizing devices individually, and instead focusing on balancing the needs of people, equipment, costs and sustainability across the entire building ecosystem.

Fully optimizing buildings for longevity, efficiency and sustainability would not be possible without AI. The volume of data involved, from equipment performance to occupancy patterns, is simply too great for humans to process on their own. AI works in two complementary ways in smart buildings. On a daily basis, it can correlate thousands of data points to automate actions that increase efficiency and comfort while reducing costs. Over the long term, it can look at performance data for the entire portfolio to help answer big questions like when to replace versus repair and which investments will have the biggest impact on expenses and emissions.

“Smart buildings can save money while increasing sustainability impact. When you optimize your largest assets, you reduce both costs and emissions at the same time.”

Stephen Zetarski
President of Nuvolo, Trane Technologies

Smart buildings in practice

At heart, smart buildings are about making the places where we spend our days feel as intuitive and responsive as the smartphones in our pockets. In a real-life example, at a laboratory operating across more than 20 locations, facilities teams needed a better way to manage a portfolio of complex building systems while maintaining the right environment for the highly specialized work. Using Nuvolo’s IWMS platform as the operational hub, the organization centralized the management of critical assets (including HVAC, electrical systems, elevators and escalators) into a single smart system.

By digitizing maintenance workflows and improving visibility into asset performance, the lab was able to respond more quickly to temperature and environmental control needs, while optimizing operational efficiency and preventive maintenance. The result was a more resilient operation that supports both critical research and the everyday comfort of the people conducting it.

In another example, we saw firsthand how inefficient systems impact the bottom line. In the former Nuvolo headquarters in Wellesley, Massachusetts, the building looked efficient on an energy-per-square-foot basis. But when we looked at the data using smart building technology, we realized that only a handful of people were fully leveraging the 150-desk office. Measured in energy use per person, the picture was completely different, and that data gave us the tools to better align our operating costs with how our teams actually worked. That’s the power of smart buildings.

The people perspective

In a smart building, automation, controls and mobile tools enhance comfort and usability. An IWMS complements these technologies by coordinating service requests, maintenance and space needs behind the scenes. People don’t need to remember to turn lights off; they respond automatically. If someone checks in on their app and notes they’ll arrive at 2:30, their office will adjust comfort settings accordingly. Meetings are no longer uncomfortable because a room is too hot or too cold: the environment is quietly managed in the background so that people can focus on their work, not the building.

Beyond making life easier for occupants, smart buildings also improve the day-to-day reality for technicians and facilities teams. Too often, these teams are buried in paperwork and emergency service requests. By leveraging an IWMS and AI to proactively identify maintenance needs and suggest actions, technicians and building managers can move from reactive responses to proactive performance.

These seemingly small shifts have a measurable impact on employee satisfaction and talent retention. When smart buildings remove friction from the workday by eliminating distractions, delays and discomfort, they create an environment where people can focus on their work without expending energy managing the space around them. Across every industry, technology has raised expectations for comfort, efficiency and sustainability. Smart buildings simply reflect that shift, using intelligence to improve comfort while reducing cost, waste and environmental impact.

The future of intelligent buildings

Decarbonizing the built environment can’t be accomplished through equipment upgrades alone. It also requires continuous operational intelligence that can coordinate maintenance, energy, space and asset performance in real time. Smart systems like these are about creating environments where people can do their best work while using less energy and fewer resources. They are about giving facilities and real estate teams the information they need to make better, faster decisions. Most of all, they are about turning big-picture sustainability commitments into everyday outcomes, one building and one asset at a time.

At Trane Technologies and Nuvolo, we are committed to leveraging AI and digital climate technology to boldly challenge what is possible for a sustainable world. Solutions like these will continue to propel us toward our Gigaton Challenge, our commitment to help eliminate one gigaton of emissions from our customers’ carbon footprint by 2030.

By catalyzing smart building technologies, we can help our customers and partners build a future where financial performance and sustainability outcomes reinforce each other. That is the promise of smart buildings: an operating model that aligns cost savings, comfort and sustainability.

Learn more about climate innovation on the Healthy Spaces Podcast.

The future is ours to create – Explore careers that make an impact at Trane Technologies.

Stephen Ritz of Green Bronx Machine to visit greater Denver, Colorado area for Great Day Colorado media appearance, public speaking, school visits, teacher training, screening of the award-winning documentary – GENERATION GROWTHwww.generationgrowthfilm.com – and a special teacher meet and greet at the Slate Hotel in partnership with Global Lighthouse Studios.

THESE ARE FREE EVENTSopen to the public and media, complete with Live Q/A, and photo opportunities.

CALLING ALL TEACHERS – Let’s Get Happy, join us at the Slate Hotel, FREE Teacher Engagement Session

When: Tuesday, March 3, 2026 @ 4-7 PM

Where:

The Slate Hotel
1250 Welton Street
Denver, Colorado, 80204

Who and What:

Join Stephen Ritz, Founder of Green Bronx Machine, along with Donna Guerin, Founder & Executive Director of Global Lighthouse Studios, for a happy hour meet and greet, conversations, partnership opportunities, and information about high-impact school sustainability programs, arts integration, and effective fundraising and corporate engagement strategies. Connect with fellow school leaders and teachers, along with local community-based organizations.

Ritz, regarded as America’s favorite teacher, is well regarded as a systems disruptor, highly innovative educator, urban farmer, social entrepreneur, and community advocate. A two-time best-selling author, host of a children’s tv show, he is well-known to educators and to the larger business and sustainability communities across the state of Colorado. Football coach, MLB / NFL All-Star Deion Sanders calls him: “Prime Time.” He is a five-time standing ovation speaker, presenter, and participant for the MBArk Program at the University of Colorado, Leeds School of Business – connecting business education to the food business, the first MBA-level executive education program for senior and emerging senior executives.

Ritz has connections to Denver Public Schools, Gotham Greens, Danone, King Soopers, Altius Farms, and many local businesses. He has worked to create fully funded community support events and opportunities to benefit high need communities across the state and has appeared as a keynote speaker for a multitude of organizations successfully helping to raise funds and awareness.

His Colorado friends and supporters include Joe Dobrow, Julie Zagars, Mark Retzloff, Carlotta Mast, Gary Hirshberg, Dr. Alex Marrero, Hunter Lovins, Chef Ann Cooper, DJ Cavem, and a host of other “crunchy, tree-hugging, democracy-loving, renegade hippies” who are determined to change the world and leave it better than they found it.

HE AND THE DOCUMENTARY ARE A TOUR DE FORCE WITH PRIOR STANDING OVATIONS IN COLORADO!

SEE THE AWARD-WINNING DOCUMENTARY – GENERATION GROWTHwww.generationgrowthfilm.com – along with speaker panel, live Q/A, and meet and greet. This is a free, family-friendly event, open to all including media.

TEACHERS: Earn 2.5 hours of re-licensure credit applicable to DCSD School District.

SEE THE TRAILER HERE: https://greenbronxmachine.org/generation-growth/ 

When: Wednesday, March 4, 2026 @ 4-7 PM

Where:

Castle View High School
5254 North Meadows Drive
Castle Rock, Colorado, 80109

Who and What:

Generation Growth is an award-winning film that has had over 1M views and is being used by teaching colleges and universities across the nation and will be integrated into a series of school leadership training programs nationally.

This is more than a film — it’s a movement. Come see how healthy food, education, and community can transform lives. Bring a friend and be part of this conversation of hope, healing, and growth. Generation Growth is a compelling documentary showcasing Ritz’s journey as a Bronx educator tackling food insecurity, poor health and education challenges across the country. Learn how together, we will continue to change lives for the better and HOW YOU CAN GET INVOLVED

Logline: Generation Growth tells the story of Stephen Ritz and his organization, Green Bronx Machine, as they grow high performing public schools, happy & healthy children, empowered teachers, and equitable, resilient communities along the way.

Synopsis: Poor health, diet-related diseases, food insecurity, and underperforming education continue to plague low-income and marginalized communities across the United States. Stephen Ritz, a Bronx educator who believes teachers change lives, is on a mission to change all that. He developed an incredibly successful whole-school curriculum, aligned to a data-driven indoor academic gardening program that allows children to grow vegetables in school, improving academic performance, changing eating habits, increasing classroom engagement, and providing pathways for 21st century employment. “Generation Growth” follows Ritz as he expands his low-cost, easily replicable program throughout the country, bringing passion, purpose, and hope to the communities, students, and teachers who need it most.

The film is being used in teaching colleges and universities across the country as an exemplar of pedagogy, curriculum, and school leadership including a new, 37-minute cutdown version designed for teacher professional development, highlighting effective pedagogy aligned to cross discipline, project-based learning. The film website is filled with resources, discussion questions, a grant portal, and more. Every public screening to date across the country has brought some level of new and additional funding opportunities, sponsorships, internships, and partners to host districts / schools. Denver Public Schools presently has over 20 schools using the very technology and curriculum featured in the film.

“I am so excited to coming to the great state of Colorado and grateful to Global Lighthouse Studios for working to make it happen,” said Stephen Ritz. “To be here, highlighting the film, appearing on Great Day Colorado, and most importantly, to support local schools, teachers, students, families and to bring free resources and training to all is proof positive of what committed educators and community advocates can do with the support of proactive, community minded school systems and leaders: I’m so grateful to be here!” Adds Donna Guerin, Executive Director, of Global Lighthouse Studios, “I’ve known Stephen for years, to be able to bring him, the film, his curriculum, passion, purpose, hope, and enthusiasm to my home community and beyond is the model of cross collaboration that all educators should aspire to. Our rising tide lifts all boats, and we expect the ripple effect will help all who attend to grow their pedagogy, their impact, their efficacy and skill sets. This event is for all teachers and parents, regardless of grade or subject being taught. It is in support of our entire educator community.”

Ritz goes on to add: “To be very clear, we are here to celebrate AND to grow something greater, for every teacher and for every adult committed to serving children. Donna and I are determined to continue to change lives for the better, to change narratives, and to create new paradigms and solutions together. This film and this moment are not about giving people fish nor about teaching people to fish, it’s about collectively creating new oceans and sustainable ecosystems that nurture all of us.” Ritz went on to say, “For years, Green Bronx Machine has had a successful relationship with Denver Public Schools and other Colorado school districts. This is a state that gets it on both sides of the aisle. Across the state, Coloradans understand that children will never be well read until they are well fed. There is so much respect and appreciation across Colorado for local food and healthy food aligned to high performing public schools and the arts, you see it and feel it everywhere you go. Further, to see the leadership, commitment, progress, inclusivity, and ongoing achievements happening in public education across the state and particularly across and within Denver Public Schools, under Superintendent, Dr. Alex Marrero, is inspiring, game-changing, and setting a new national standard. Folks are taking notice. Best practices are best practices, and I’m excited to see them, share them, and thank everyone committed to them and our children. Donna and I are excited to meet you as well.”

FOR MORE INFORMATION, PLEASE CONTACT:

Stephen Ritz
Green Bronx Machine
stephen.ritz@greenbronxmachine.org
917.873.6449

Donna Guerin
Global Lighthouse Studios
globallighthousestudios@gmail.com
720.588.0270

About Green Bronx Machine:

Green Bronx Machine is an award-winning, nationally acclaimed non-profit that builds healthy, equitable, and

resilient communities through inspired education, local food systems, and 21st Century workforce

development. Dedicated to cultivating minds and harvesting hope, their school-based model incorporates urban agriculture and Tower Garden technology supported by their whole-school curriculum aligned to key school performance indicators to grow high performing schools and happy, healthy children. Green Bronx Machine transforms once marginalized communities into neighborhoods that are inclusive and thriving. For more information, visit www.greenbronxmachine.org.

Reaching over 1,100 schools nationally and serving over 375,000 students daily, Green Bronx Machine was named a 2024 Fast Company Most Innovative Company and also offers an online educational platform, complete with instructional videos, free lesson plans, downloadable teacher resources, and an educational YouTube Channel: Green Bronx Machine KIDS! Learn more at www.greenbronxmachine.org/resources.

About Global Lighthouse Studios:

Global Lighthouse Studios bridges creativity and innovation to cultivate the next generation of changemakers. Through dynamic, arts-integrated programming, we empower students to turn bold ideas into action and vision into real-world impact. https://globallighthousestudios.org

#documentary #schoolgarden #arts #leadership #pedagogy #education #health #wellness #nutrition #denver #colorado #community #teachers #towergarden #greenbronxmachine #stephenritz #bronx #nyc

From the city of Milan and the Italian Alps to the world stage, Milano Cortina 2026 delivered a celebration of sport that extended far beyond the venues.

International Olympic Committee news

Across 19 days of competition, athletes produced historic performances that raised the standard of winter sport, breaking Olympic and world records and showcasing the extraordinary level of today’s competitors.

Olympic skier

Here’s some of the key data from the Milano Cortina 2026 Olympic Winter Games (as of 21 February, preliminary figures):

Sport

  • Around 2,900 athletes participated (final number to be confirmed).
  • 8 sports.
  • 16 Olympic disciplines.
  • Ski mountaineering made its Olympic Winter Games debut.
  • 116 medal events.
  • 740 medals assigned.
  • Eight new events: ski mountaineering men’s sprint; ski mountaineering women’s sprint; ski mountaineering mixed relay; skeleton mixed team; luge women’s doubles; freestyle skiing men’s dual moguls; freestyle skiing women’s dual moguls; and ski jumping women’s large hill individual.
  • 13 Olympic records broken.
  • 1 world record broken (Xandra Velzeboer – Short Track Sped Skating – Women’s 500m).
  • 92 National Olympic Committees (NOCs) took part, plus Individual Neutral Athletes (AIN).
  • Benin, Guinea-Bissau and United Arab Emirates competed in their first Olympic Winter Games.
  • 29 NOCs won medals.
  • 2 NOCs won their first-ever Olympic Winter Games medals:
  • Brazil (1 gold: Lucas Pinheiro Braathen – Alpine Skiing – Men’s Giant Slalom).
  • Georgia (1 silver: Anastasiia Metelkina and Luka Berulava – Figure Skating –  Pair Skating).

Canadian and British curling teams shaking hands

© 2026 Getty Images

Gender Equality

  • Most gender-balanced Olympic Winter Games in history, with women accounting for 47 per cent of the athletes.
  • With the introduction of four new women’s events on the programme, Milano Cortina 2026 featured the highest number of women’s events at any Olympic Winter Games, with 50 events compared to 46 at Beijing 2022.
  • 12 of the 16 sport disciplines in Milano Cortina were fully gender balanced.

Spectators

  • Over 1.3 million tickets sold.
  • Over 600,000 people visited the Fan Villages across the host regions.

crowd cheering and holding up flags

© 2026 Getty Images

Volunteers

  • 18,000 (picked from 130,000 applications)
  • 51 per cent female/49 per cent male
  • 48 per cent aged under 35
  • 98 nationalities

Two smiling athletes in Olympic Village

© 2026 Getty Images

Olympic Villages

  • 6 Olympic Villages.
  • Villages served per day:
    • 356kg of pasta
    • 10,000 eggs
    • 8,000 coffees
    • 12,000 pizza slices

People gathered under sign reading, "IOC Athletes' Commission Election"

© IOC

Media and Broadcast

  • 24 Media Rights-Holders (MRHs).
  • 80+ broadcast sublicensees.
  • 6,500+ hours produced by Olympic Broadcasting Services (OBS).
  • 810+ camera systems capturing all the action.
  • 25 drones (15 First-Person View (FPV), 10 traditional drones).
  • 32 cinematic cameras.
  • 17 real-time 360-degree replay systems.
  • 1,800 microphones.
  • 10,000+ broadcast personnel (4,500+ OBS / 5,500+ MRHs).
  • 2,537 accredited press: 269 domestic and 2,267 international (written press, photographers and non-media rights-holders).
  • 803 news organisations.
  • 694 photographers.

camera filming skiing

© IOC

Broadcast

  • 2 out of 3 Italians have watched Rai’s coverage of the Games – a higher proportion than for Paris 2024.
  • Italians have watched more coverage of the Milano Cortina 2026 Olympic Winter Games than the four previous Winter Games combined.
  • Europe: European Broadcast Union (EBU) and Members dominated the media landscape and consistently outperformed their typical market share.
  • France, the next Olympic Winter Games host, had over 50 million viewers watching coverage on France Télévisions, a higher reach than Torino 2006.
  • In the USA (by Thursday 19 February), the Milano Cortina 2026 Olympic Winter Games had averaged 24.1 million viewers on NBC, Peacock, NBCUniversal Digital Platforms and Versant’s CNBC and USA Network – the most-watched Winter Games at this point since 2014, and up 93 per cent from Beijing 2022.
  • In Brazil, coverage of the Milano Cortina 2026 Ski Jumping now stands as the most watched Winter Games competition in Brazilian history. Moreover, streaming records for the Olympic Winter Games have been shattered in the territory.
  • In Japan, Olympic coverage on Japan Consortium’s TV channels has reached more than 92 million viewers, equivalent to over 80 per cent of the potential audience.

skier flying through the air with a drone nearby

© Getty Images

Digital*

*Figures are provisional and reflect performance as of 21 February

Olympics Web, App and Direct Marketing

  • 110 million users have engaged with the Olympics Web & App platforms, a record for the Olympic Winter Games.
  • 120 million opens have been recorded for the Olympics App during Milano Cortina 2026, with it ranking as the No. 1 sports app across 75+ territories.
  • 170 million mobile push notifications have been delivered, keeping fans connected to key moments in real time.
  • 120 million personalised emails have been delivered to fans, activating over 400 campaigns across 9 languages.

@Olympics Social Media

  • Over 10 billion engagements have been generated across Olympics social media handles during Milano Cortina 2026, tripling the volume recorded for Beijing 2022.
  • 8.7 million new followers have been added across Olympic social media accounts during Milano Cortina 2026, bringing the total global followership to over 172 million.

Olympics Campaigns and Experiences

  • 42 campaigns have been delivered in collaboration with IOC Worldwide Olympic Partners, making this the most extensive Olympic Winter Games marketing programme to date.
  • 59 million video views have been generated by the Olympics‑produced short film Ti Amo, with additional global exposure via MRHs.
  • 270 million engagements have been generated by social content featuring the Olympic rings Pasta, which has also been featured by leading media outlets reporting on the pasta’s viral success.
  • 750 million social media engagements have been generated through Olympic Celebrity and Creator programmes.

LOS ANGELES, March 2, 2026 /3BL/ – Crypto.com today announced that it will donate $1 million to After-School All-Stars as part of its partnership with the LA Kings and the Kings Care Foundation (the award-winning charitable arm of the team), reinforcing a shared commitment to youth development and community impact. The donation will take place during an on-ice ceremony at the Kings’ March 2 game against the Colorado Avalanche presented by Crypto.com at Crypto.com Arena. The ceremony will be attended by Luc Robitaille, President of the Los Angeles Kings as well as other senior officials of the team, Crypto.com and After-School All-Stars, including After-School All-Stars Founder and former Governor of California, Arnold Schwarzenegger.

This initiative reflects a joint effort between Crypto.com and the LA Kings to leverage the power of sport and community platforms to expand access to educational programming nationwide.

After-School All-Stars is a national nonprofit organization that provides free, comprehensive after-school and summer programs, as well as support services for students and their families. Since its founding in 1992, After-School All-Stars has grown to more than 18 chapters with 740 school-year sites and summer camps in 80 cities across the country, reaching nearly 150,000 students each year. The donation from Crypto.com will provide critical funding to expand After-School All-Stars programming across its chapters nationwide.

“After-School All-Stars is doing vital work to expand opportunity for young people during the hours when support matters most,” said Matt David, President of North America and Chief Corporate Affairs Officer of Crypto.com. “At Crypto.com, we believe strongly in investing in our communities and this donation reflects our commitment to helping empower students to learn, grow, and thrive. We are proud to extend our partnership with the LA Kings, the Kings Care Foundation by supporting After-School All-Stars and the meaningful impact they deliver for families across the country.”

“I founded After-School All-Stars because every kid deserves a real chance to succeed, no excuses,” said Arnold Schwarzenegger. “When you give students mentorship, and opportunity, they rise to the challenge. I believe in results. With partners like Crypto.com stepping up, we can reach more students, open more doors, and build stronger communities across America.”

“When you invest in our students, you invest in their futures, and change lives,” said Andrea Bazán, President of After-School All-Stars. “We are thrilled and grateful for this outstanding support from Crypto.com, the LA Kings and the Kings Care Foundation, which will go a long way to enrich our programs across Los Angeles and our national network.”

“The LA Kings are proud to partner with After-School All-Stars, to reinforce a shared commitment to empowering young people and creating meaningful opportunities for them to learn, grow, and succeed,” said Luc Robitaille, President of the Los Angeles Kings. “We are deeply committed to giving back to our community, and we believe investing in youth development is one of the most impactful ways we can help build a stronger future for Los Angeles.”

In celebration of the donation, Crypto.com and the Kings Care Foundation will also host a group of After-School All-Stars Los Angeles students at Crypto.com Arena for the March 2 game. Fans will also see After-School All-Stars participants in a drumline performance outside of the Crypto.com Arena entrances ahead of the game, as well as on Zamboni rides during the game. Additional Crypto.com fan activations at the arena will include a Road Trip Sweepstakes and Lucky Row promotions, rewarding fans in attendance.

 

About Crypto.com

Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About After-School All-Stars 

After-School All-Stars (ASAS) provides free, comprehensive after-school and summer enrichment programs that keep students safe, engaged, and on track to succeed in school and life. Founded by Arnold Schwarzenegger in 1992, ASAS partners with schools and communities to deliver year-round enrichment programming at more than 750 schools and community sites across 77 cities nationwide.

Serving nearly 150,000 students annually — including more than 25,000 students in Los Angeles alone — in communities with limited access to opportunity, ASAS combines high-quality mentoring, hands-on learning, and leadership development to strengthen academic achievement, build social-emotional skills, and inspire confidence in the next generation.

Learn more at www.afterschoolallstars.org.

About the LA Kings

The LA Kings have enjoyed a rich history of excitement, passion, and championship glory in Southern California while demonstrating the utmost commitment to their fans, partners, and community. Owned and operated by AEG, the Kings began play in 1967 and now play at world-famous Crypto.com Arena in Downtown Los Angeles. Since our inception we have strived to be the ultimate leader as it relates to employing many of the greatest players in National Hockey League history, and hosting and participating in incredible events highlighted by two Stanley Cup Championships.

About AEG

Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. The company operates in the following business segments:

  • Music through AEG Presents, which is dedicated to all aspects of live contemporary music performances, including the production and promotion of global and regional concert tours, an extensive portfolio of clubs, theaters and other music venues, concerts and special events and world-renowned festivals such as the Coachella Valley Music and Arts Festival;
  • Venues and Real Estate, which develops, owns and operates world-class venues, as well as major sports and entertainment districts like Crypto.com Arena and L.A. LIVE, Uber Platz in Berlin and The O2 in London;
  • Sports, as the world’s largest operator of high-profile sporting events and sports franchises including the LA Kings, LA Galaxy and Eisbären Berlin;
  • Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating, and other strategic partnerships;
  • And Ticketing, through its AXS.com ticketing platform, which provides more than 400 clients worldwide with ticketing services that cover the gamut of events and performances, including sporting events, arena tours, music clubs, festivals, rodeos and family events.

Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 90 million guests annually. More information about AEG can be found at www.aegworldwide.com.

LOS ANGELES, March 2, 2026 /3BL/ – Crypto.com today announced that it will donate $1 million to After-School All-Stars as part of its partnership with the LA Kings and the Kings Care Foundation (the award-winning charitable arm of the team), reinforcing a shared commitment to youth development and community impact. The donation will take place during an on-ice ceremony at the Kings’ March 2 game against the Colorado Avalanche presented by Crypto.com at Crypto.com Arena. The ceremony will be attended by Luc Robitaille, President of the Los Angeles Kings as well as other senior officials of the team, Crypto.com and After-School All-Stars, including After-School All-Stars Founder and former Governor of California, Arnold Schwarzenegger.

This initiative reflects a joint effort between Crypto.com and the LA Kings to leverage the power of sport and community platforms to expand access to educational programming nationwide.

After-School All-Stars is a national nonprofit organization that provides free, comprehensive after-school and summer programs, as well as support services for students and their families. Since its founding in 1992, After-School All-Stars has grown to more than 18 chapters with 740 school-year sites and summer camps in 80 cities across the country, reaching nearly 150,000 students each year. The donation from Crypto.com will provide critical funding to expand After-School All-Stars programming across its chapters nationwide.

“After-School All-Stars is doing vital work to expand opportunity for young people during the hours when support matters most,” said Matt David, President of North America and Chief Corporate Affairs Officer of Crypto.com. “At Crypto.com, we believe strongly in investing in our communities and this donation reflects our commitment to helping empower students to learn, grow, and thrive. We are proud to extend our partnership with the LA Kings, the Kings Care Foundation by supporting After-School All-Stars and the meaningful impact they deliver for families across the country.”

“I founded After-School All-Stars because every kid deserves a real chance to succeed, no excuses,” said Arnold Schwarzenegger. “When you give students mentorship, and opportunity, they rise to the challenge. I believe in results. With partners like Crypto.com stepping up, we can reach more students, open more doors, and build stronger communities across America.”

“When you invest in our students, you invest in their futures, and change lives,” said Andrea Bazán, President of After-School All-Stars. “We are thrilled and grateful for this outstanding support from Crypto.com, the LA Kings and the Kings Care Foundation, which will go a long way to enrich our programs across Los Angeles and our national network.”

“The LA Kings are proud to partner with After-School All-Stars, to reinforce a shared commitment to empowering young people and creating meaningful opportunities for them to learn, grow, and succeed,” said Luc Robitaille, President of the Los Angeles Kings. “We are deeply committed to giving back to our community, and we believe investing in youth development is one of the most impactful ways we can help build a stronger future for Los Angeles.”

In celebration of the donation, Crypto.com and the Kings Care Foundation will also host a group of After-School All-Stars Los Angeles students at Crypto.com Arena for the March 2 game. Fans will also see After-School All-Stars participants in a drumline performance outside of the Crypto.com Arena entrances ahead of the game, as well as on Zamboni rides during the game. Additional Crypto.com fan activations at the arena will include a Road Trip Sweepstakes and Lucky Row promotions, rewarding fans in attendance.

 

About Crypto.com

Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About After-School All-Stars 

After-School All-Stars (ASAS) provides free, comprehensive after-school and summer enrichment programs that keep students safe, engaged, and on track to succeed in school and life. Founded by Arnold Schwarzenegger in 1992, ASAS partners with schools and communities to deliver year-round enrichment programming at more than 750 schools and community sites across 77 cities nationwide.

Serving nearly 150,000 students annually — including more than 25,000 students in Los Angeles alone — in communities with limited access to opportunity, ASAS combines high-quality mentoring, hands-on learning, and leadership development to strengthen academic achievement, build social-emotional skills, and inspire confidence in the next generation.

Learn more at www.afterschoolallstars.org.

About the LA Kings

The LA Kings have enjoyed a rich history of excitement, passion, and championship glory in Southern California while demonstrating the utmost commitment to their fans, partners, and community. Owned and operated by AEG, the Kings began play in 1967 and now play at world-famous Crypto.com Arena in Downtown Los Angeles. Since our inception we have strived to be the ultimate leader as it relates to employing many of the greatest players in National Hockey League history, and hosting and participating in incredible events highlighted by two Stanley Cup Championships.

About AEG

Headquartered in Los Angeles, California, AEG is the world’s leading sports and live entertainment company. The company operates in the following business segments:

  • Music through AEG Presents, which is dedicated to all aspects of live contemporary music performances, including the production and promotion of global and regional concert tours, an extensive portfolio of clubs, theaters and other music venues, concerts and special events and world-renowned festivals such as the Coachella Valley Music and Arts Festival;
  • Venues and Real Estate, which develops, owns and operates world-class venues, as well as major sports and entertainment districts like Crypto.com Arena and L.A. LIVE, Uber Platz in Berlin and The O2 in London;
  • Sports, as the world’s largest operator of high-profile sporting events and sports franchises including the LA Kings, LA Galaxy and Eisbären Berlin;
  • Global Partnerships, which oversees worldwide sales and servicing of sponsorships including naming rights, premium seating, and other strategic partnerships;
  • And Ticketing, through its AXS.com ticketing platform, which provides more than 400 clients worldwide with ticketing services that cover the gamut of events and performances, including sporting events, arena tours, music clubs, festivals, rodeos and family events.

Through its worldwide network of venues, portfolio of powerful sports and music brands and its integrated entertainment districts, AEG entertains more than 90 million guests annually. More information about AEG can be found at www.aegworldwide.com.

March 2, 2026 /3BL/ – The Healthcare Plastics Recycling Council is pleased to appoint Paul D’Annunzio, Sustainability Manager at The Resource Group, as Chair of the Healthcare Facility Advisory Board (HFAB).

Paul succeeds Avery Palardy, Executive Director, Climate and Sustainability at Beth Israel Lahey Health, who served as Chair since 2024. We’re grateful for Avery’s contributions as the first HFAB Chair and her demonstration of strong leadership as she helped to guide the facilitation of the HFAB.

“We’re thrilled to welcome Paul as the next HFAB Chair,” shared Tracy Taszarek, Executive Director of HPRC. “Paul has been a dedicated member of HPRC for several years and brings a wealth of sustainability knowledge and experience to the role. We’re excited for him to continue building on the strong foundation Avery built as we continue to grow and evolve the advisory board.”

Paul is an Environmental, Health & Safety management professional currently working in the healthcare sector with The Resource Group, where he supports hospitals and health systems in creating safer, more sustainable care environments. Drawing on his background in civil and environmental engineering and an MBA, Paul focuses on operational excellence, regulatory compliance, and sustainability initiatives that reduce waste and environmental impact in healthcare settings while protecting patients, staff, and communities

“I’m honored to serve as Chair of the Healthcare Facility Advisory Board and to work alongside such a dedicated group of professionals committed to advancing sustainability in healthcare,” shared Paul. “Hospitals face unique challenges when it comes to plastics recycling, and the HFAB plays a critical role in elevating real‑world insights from the front lines. I look forward to helping guide our collective efforts as we identify practical solutions, remove barriers, and support healthcare facilities in creating safer, more sustainable environments for the patients and communities we serve.”

The HFAB members assist HPRC in identifying high value needs and opportunities for action, share firsthand perspective and understanding of recycling barriers that exist within healthcare facilities, and provide access to data, information, and resources at the hospital level. The Chair is responsible for providing strategic direction for the HFAB and leading the quarterly meetings.

 

About HPRC

HPRC is a private technical coalition of industry peers across healthcare, recycling, and waste management industries seeking to improve the recyclability of plastic products within healthcare. Made up of more than 30 brand-leading and globally recognized members, HPRC explores ways to enhance the economics, efficiency, and ultimately the quality and quantity of healthcare plastics collected for recycling in support of a circular plastics economy. HPRC is active across the United States and Europe working with key stakeholders, identifying opportunities for collaboration, and participating in industry events and forums. For more information, visit www.hprc.org and follow HPRC on LinkedIn.

CALGARY, Alberta, March 2, 2026 /3BL/ – Benevity, Inc., the leading provider of global corporate purpose software, today released a new report that reveals a growing tension between corporate volunteering and nonprofit needs as employee volunteering reaches record levels. Benevity Impact Labs’ State of Corporate Volunteering 2026 report highlights continued and significant growth in employee volunteer participation. However, amidst a government funding crisis, a volatile economy and a rapidly changing AI landscape, nonprofit needs are shifting. While volunteering remains a top priority for corporate impact programs, nonprofits list funding as their top strategic priority, which demands that corporate impact leaders re-consider whether their current programs are designed to meet the needs of the future.

As 2026 marks the United Nations’ International Volunteer Year and a global spotlight is placed on volunteering as a driver of social cohesion, the Benevity report surfaces another growing disconnect. While corporate volunteering remains a key driver of employee retention and culture-building, the data reveals a transition toward more episodic employee engagement. This calls for companies to move beyond the optics of high participation and toward a sustainable model that prioritizes more consistent, specialized – including AI-centric – support that nonprofits require to thrive.

“On paper, corporate volunteering has never looked better with record rates of employee volunteerism,” said Sona Khosla, Chief Impact Officer at Benevity. “Since the pandemic, we’ve successfully embedded employee volunteering across the corporate landscape, and companies have increased their investment, but we haven’t yet optimized it for the world we live in today. We cannot continue to allow hours to imply impact. When you look closely, you see more volunteers giving less time, nonprofits asking for different forms of support, and very little measurement of actual outcomes. That’s a clear signal the system needs to evolve.”

The State of Corporate Volunteering 2026: A System Ripe for Reimagining analyzes anonymized, aggregated data from the Benevity platform between 2019 and 2025, as well as nonprofit surveys and third‑party research.

Key findings from the State of Corporate Volunteering 2026

The report offers current data and major trends shaping the future of corporate volunteering:

  • Companies are driving record rates of employee volunteering. Corporate volunteers logged 23.7 million approved hours in 2025, a 175% increase since 2019, while the number of unique volunteers more than tripled to 1.87 million. Average program participation rates rose 30%, from 10.4% to 13.6%.
  • The depth of employee volunteering is declining. Average hours per volunteer fell from 16.4 to 12.7 per year over the six‑year period.
  • The phenomenon of “micro‑volunteers” is increasing. Employees contributing fewer than five hours per year now account for roughly 60% of all volunteers, signaling a shift toward short, flexible activities over long‑term commitments.
  • The gap between corporate priorities and nonprofit needs is widening. Most companies are planning to increase budgets for employee, team and skills‑based volunteering, yet only about 20% of nonprofit leaders say corporate volunteers contribute meaningfully to long‑term capacity. Many nonprofits report difficulty finding volunteers with the right skills or availability during the workday, even as opportunities for service projects are growing.
  • AI literacy is a critical, unmet need for nonprofits. Data from Benevity partner, Goodera, shows 71% of nonprofits identified the ability to leverage AI for operational efficiency as an urgent priority, from communications and fundraising to impact measurement. Yet Benevity data finds that only 3% of nonprofits are using AI extensively today, with many still experimenting or not considering it at all — creating a major opportunity for skills‑based volunteering.
  • A measurement gap is obscuring business value and nonprofit impact. The research confirms that employee volunteering drives business value, but most companies are not measuring business outcomes as a result of corporate investments in volunteering.

“The UN’s International Volunteer Year (IVY) comes as corporate volunteering is at an inflection point,” Khosla added. “The next chapter will belong to companies that work deeply with nonprofits to re-imagine volunteering programs with a focus on mutualism for nonprofits and employees, and a move beyond counting hours to achieving higher-level business objectives.”

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About Benevity

Benevity, a certified B Corporation, is the global leader in enterprise social impact software. Benevity’s all-in-one platform empowers the world’s most purpose-driven companies to seamlessly integrate corporate social responsibility into their core business strategy – driving measurable, scalable, and lasting impact. Benevity has supported more than $44 billion to more than 560,000 nonprofit organizations and enabled over 7.7 million changemakers worldwide since 2008, empowering organizations to build trust, engage employees, boost retention, and drive innovation. Its unified platform supports giving, volunteering, granting, and employee mobilization – backed by intelligent insights and a secure, global infrastructure. For more information, visit www.benevity.com

 

About Benevity Impact Labs

Benevity Impact Labs is a social innovation lab that brings new data, research and insights to help companies, nonprofits and individuals accelerate their social impact and inclusion efforts. With unparalleled access to the world’s most iconic brands, Benevity Impact Labs combines Benevity’s robust data and insights with third-party research to report on the top trends shaping corporate purpose and to provide measurable proof of the value of social impact. For more insights, visit benevity.com/research.

Two weeks ago we wrote that the U.S. sustainability agenda is decentralizing — moving from Washington to courtrooms, statehouses, and corporate boardrooms. This issue’s Top Stories make the case even harder to ignore. The federal government took what may be its most sweeping climate rollback yet, and within days the response came from every direction: a major state legislature, a coalition of health and environmental organizations, and Republican attorneys general staking out their own ground on corporate sustainability. The common thread isn’t partisan — it’s jurisdictional. The question is no longer whether climate policy moves forward, but who gets to set the terms.

On February 12, the Trump administration repealed the EPA’s 2009 endangerment finding — the legal determination that greenhouse gases threaten public health and welfare. For 17 years this finding was the foundation for virtually every federal climate regulation under the Clean Air Act. 

As reported by Sustainability Online, less than a week later a broad coalition — including the American Lung Association, Sierra Club, NRDC, Environmental Defense Fund, and Physicians for Social Responsibility — filed suit in the D.C. Circuit, arguing the repeal violates the Clean Air Act and ignores nearly two decades of strengthening scientific evidence. This case will almost certainly define the boundaries of federal climate authority for years to come — and some observers believe the administration may be deliberately seeking a Supreme Court showdown.

Meanwhile, ESG Today reported that the New York State Senate passed the Climate Corporate Data Accountability Act on a 40-22 vote. The Act, modeled closely on California’s SB 253 bill, will requires companies with more than $1 billion in revenue to report Scope 1, 2, and 3 greenhouse gas emissions annually. The bill now moves to the Assembly and Governor Hochul’s desk. The timing matters: the EPA proposed ending its own federal Greenhouse Gas Reporting Program just months ago, and New York is stepping directly into that gap. If signed, it would make New York the second state to mandate comprehensive corporate emissions disclosure, reinforcing a pattern we flagged last issue — when federal action retreats, state-level action accelerates.

Not all state-level action is pushing in the same direction. ESG Today reports that a coalition of ten Republican attorneys general, led by Florida’s James Uthmeier, sent letters to nearly 80 companies warning that participation in sustainable packaging groups — including the U.S. Plastics Pact and the Sustainable Packaging Coalition — could expose them to antitrust liability. Legal scholars dispute this, and the targeted organizations say their activities, which include developing standards for sustainable packaging, are lawful.

Regardless of the political crosswinds, Extended Producer Responsibility (EPR) packaging compliance is already the law in multiple states — and the operational demands are real. Also in our Top Stories, G&A Institute’s latest blog walks companies through the practical steps of preparing packaging data for EPR reporting, building on our recent resource paper examining the rapid expansion of EPR legislation nationwide. For companies placing packaged goods on the U.S. market, this is no longer a future risk — it’s a current obligation.

The short-term story this week is messy and more complex than a simple rollback narrative. Federal climate authority is being challenged in court, some states are writing their own climate disclosure rules, and other states are trying to penalize companies for voluntarily pursuing sustainability goals. The G&A team continues to closely track these developments, along with international news from ISO’s new global climate adaptation standard to the EU’s evolving CSRD framework. We are available to work with you to develop and implement sustainability reporting programs that will stand the test of time. Reach out to us at info@ga-institute.com.

This is just the introduction of G&A’s Sustainability Highlights newsletter this week. Click here to view the full issue

| Director of Corporate Governance

What you need to know

The agenda is being reset for US shareholder meetings in 2026. Regulatory shifts have led to a steep decline in overall shareholder proposals while governance issues are becoming the biggest battleground. As companies gain new power to block shareholder proposals, investors may turn to other routes to make their voices heard. Research-driven independence and a focus on governance fundamentals can guide investors through a changing environment.

  • –36% decline in total shareholder proposals for S&P 1500 companies in 2025
  • 41% rate of support for shareholder proposals on governance issues in 2025
  • 14% rate of support for shareholder proposals on environmental and social issues in 2025

Change is in the air as the 2026 US proxy voting season begins. Regulatory shifts and new voting dynamics will challenge investment firms to remain principled in their approach to stewardship.

The proxy pendulum is swinging. After several years in which environmental and social issues gained prominence, governance matters such as director elections and executive compensation have reentered the spotlight.

This year, ballots will be cast amid significant regulatory and legal moves. Proxy advisory firms are under intense scrutiny while state and federal laws and enforcement actions have added layers of complexity to governance decision making. We believe investment firms should enter proxy season with eyes wide open: aware of what’s changing yet guided by a materiality-based framework to vote independently with conviction.

Regulatory and Legal Landscape Is Evolving

From 2020 to 2024, the number of shareholder proposals increased steadily, fueled by growing interest in the ‘E’ and ‘S’ issues of the environment, social and governance (ESG) mix. This year’s proxy season begins after a whirlwind 2025, driven by a series of moves impacting shareholder proposals.

Perhaps the most significant regulatory move will empower companies to have more control of the agenda. During 2025, the US Securities and Exchange Commission (SEC) issued new guidance and decisions that alter the dynamics of the proxy voting process. First, the SEC said it would allow issuers to more easily exclude shareholder proposals—including those in the “ordinary business” bucket. In other words, if a company says a certain shareholder proposal is really a matter of day-to-day business, it will have much more latitude to exclude it from the agenda.
oward year end, the SEC expanded that guidance, and now it may decline to express a view on certain no-action requests. As a result, it has effectively left it to companies to determine whether to exclude a proposal.

Shareholder proponents may be further constrained by another recent regulatory shift. In January, the SEC narrowed the use of exempt solicitation filings, saying it will no longer accept voluntary filings from shareholders with less than $5 million ownership. This will make it harder for smaller proponents to post supporting materials on EDGAR, limiting a channel often used to amplify arguments behind shareholder proposals or to organize vote‑no campaigns. We expect this change to reduce the volume of publicly filed support materials in proxy season and to dampen vote‑no campaign activity. Proponents may increasingly turn to press outreach and direct engagement with investors, raising cost and coordination hurdles required to be heard.

Companies may also benefit from technical adjustments designed to boost retail voting participation. For example, the SEC allowed ExxonMobil to implement a voluntary program enabling retail investors to opt into automatic proxy voting aligned with management recommendations, which has the potential to bolster management support.

Advisory Firms Under Pressure

Meanwhile, enhanced scrutiny on proxy advisory firms is in full swing. Regulators and lawmakers are investigating firms like Institutional Shareholder Services (ISS) and Glass Lewis over potential conflicts of interest, particularly regarding ESG issues. Attorneys general in Florida, Mississippi and Missouri have led the charge, while Texas has introduced new disclosure requirements for advisory firms and is stepping up oversight and enforcement. President Trump, too, issued an executive order to federal agencies, including the SEC and the Federal Trade Commission, to reevaluate regulatory treatment of proxy advisory firms and market practices.

In response, some large firms have stopped using third-party advisors for US proxy research, opting for alternatives including AI-based solutions. Proxy advisory firms are adapting by offering more customized research options, while new entrants are challenging the dominance of established players.

Shareholder Proposals Go Back to Governance Basics

These dynamics have already prompted shifts in voting trends, which are likely to continue in 2026.

Fewer shareholder proposals reached ballots in 2025, and average support levels declined across major categories. The number of proposals dropped by 36% to 295 across topics, with governance accounting for nearly half of all issues (Display). Governance proposals received 41% support on average—eclipsing support for environmental and social proposals.

Governance Returns to Prominence in Shareholder Proposal Mix charts

It’s true that support for environmental and social proposals has been declining for several years. Now, lower expectations for these initiatives to succeed—along with lower barriers for management to exclude proposals—may discourage proponents from raising them in the first place. In cases where companies face significant environmental and social controversies, we expect shareholders to start exploring other avenues to affect change, for example, through director election votes.

Governance Fundamentals in Focus

Corporate governance doesn’t typically grab headlines. Yet these issues—from board composition and independence to responsiveness to shareholders—are at the heart of how businesses run and can have a material impact on companies’ financial performance.

Director elections, for example, are a powerful tool for investors to weigh in on ineffective boards. In our experience, shares of US companies with boards that we’ve supported have outperformed firms that didn’t meet our governance expectations.

On the governance menu, executive compensation will remain a hot topic. Median total compensation for S&P 500 CEOs reached $17 million in 2024, representing a 5% increase over the prior year, according to Pay Governance. This growth was primarily driven by larger long-term equity grants, which were buoyed by strong equity performance during the period.

The tech titans have been in the compensation spotlight since Tesla awarded unprecedented pay packages to Elon Musk in 2018 and 2025; both were large long-term equity grants with ambitious performance hurdles. We anticipate an increase in these types of CEO packages, which may appear on proxy ballots more frequently in the future.

Beyond the high-profile compensation stories, we expect an increased focused on core governance issues such as board accountability and risk oversight. For example, “common sense” governance proposals are rising, including simple majority vote requirements, the right to call special meetings and board declassification. Proposals like these passed most often in 2025, signaling continued investor support for improved shareholder accountability despite elevated scrutiny of ESG practices.

AB’s Proxy Voting Principles: Materiality and Independence

While the industry grapples with multiple transitions, we believe that our longstanding proxy voting framework continues to provide a strategic path forward. Our approach focuses on issues that are material to business and investors, backed by a willingness to vote independently.

Maximizing shareholder value is the primary goal of our votes. That’s why our positions are rooted in thorough research and engagement, designed to fully understand the material impact of any proposal on a company’s business—and our clients.*

Translating those positions into effective votes demands independence.

In 2025, we voted against management at least once in 57% of shareholder meetings in which we participated (Display). We also voted contrary to ISS recommendations in 45% of meetings.

AB Votes Independently Based on Research Findings chart

We stood against management proposals on director elections and compensation 20% and 17% of the time, respectively (Display). And we voted in support of approximately 36% of all shareholder proposals.

Consistent Principles Guide Voting in a Changing Environment pie charts

AB’s investment stewardship approach is rooted in a partnership with our sector analysts and portfolio managers, which enables us to take industry—and company specific considerations into account to make more informed voting decisions. For example, in the healthcare sector, we’ve found that sound compensation practices can make a meaningful difference to long-term investor outcomes.

Shaping the Norms of Responsible Stewardship

As the 2026 proxy season unfolds, investment firms have a responsibility to lead with clarity and a disciplined focus on what drives long‑term value. While the regulatory environment may generate headlines and can be confusing for investors, we think the renewed focus on governance will provide shareholders with ample opportunities to weigh in on an array of issues that can materially affect business success and shareholder outcomes.

Entering the season with well‑defined principles, rigorous research and a readiness to vote independently of management or proxy advisors will be essential—especially as governance issues become the primary arena for impact.

Landon Shea, Investment Stewardship Associate and Research Lead, and Cole Moore, Investment Stewardship Analyst and Engagement Lead, were instrumental in the research supporting this blog.

*AllianceBernstein (AB) engages issuers where it believes the engagement is in the best financial interest of its clients.

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

Learn more about AB’s approach to responsibility here.  

On February 5th, we proudly celebrated the Grand Opening of Alta Vista at St. Joseph’s Park in Rochester, NY, alongside our dedicated colleagues, development partners, local officials, and community leaders. This milestone reflects CVS Health’s commitment to expanding access to safe, affordable housing and strengthening the long-term health and stability of the communities we serve.

Alta Vista delivers 76 affordable units serving households earning 30%, 50%, 60%, and 70% of AMI, including 14 ESSHI units reserved under New York’s Empire State Supportive Housing Initiative for individuals experiencing homelessness with serious mental illness, substance use disorders, or survivors of domestic violence. Many of you joined the groundbreaking in April 2024, and it was inspiring to reunite at this next step in this community’s journey.

Developed in partnership with Ibero-American Development Corp. and Edgemere Development, Inc., Alta Vista is a thoughtfully designed, energy‑efficient, six‑story building that features modern apartments with luxury vinyl flooring, air conditioning, dishwashers, and generous storage space. The community includes a business center, community room, fitness center, on-site laundry, playground, on‑site parking, and free Wi‑Fi in common areas to support work, education, and family needs.

As part of Rochester’s Downtown Revitalization Initiative, Alta Vista transforms an underutilized urban area into a thriving, equitable neighborhood. Its location adjacent to St. Joseph’s Park, a cherished landmark known for its preserved church façade, reflects the spirit of new beginnings, stability, and upward mobility for Rochester families.

Supportive services for the ESSHI units will be provided by the YWCA of Rochester and Monroe County, an organization with over 130 years of experience serving women and families through housing stabilization, employment support, case management, and programming designed to help residents achieve long‑term independence.

Thank you to Tom Allen, Vice President, Sales and Client Management, Aetna, a CVS Health company, for representing our organization at the event. We are truly grateful for your leadership and support. And to our colleagues, Marta Corts, Maritsa Santana Ruiz, John White, and Doug Robertson, your help and participation made a meaningful difference.

Thank you as well to everyone who joined us in this celebration. We truly value moments like this and are grateful for all who played a role in bringing the Grand Opening to life. This milestone is a testament to the steadfast dedication and teamwork of colleagues across CVS Health and Aetna.

Learn more about how CVS Health improves the health of the communities it serves.

Read about the Grand Opening here:

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