Authored by Adrienne Larmett

Higher education is at an inflection point, with many institutions fighting for their existence. Changing student demographics and needs, evolving technologies and market demands and the COVID-19 pandemic have compelled colleges and universities to evolve. Simultaneously, institutions are combatting an increasing societal narrative on the perceived benefit of a college degree compared to the rising cost of education, public criticism of growing burdensome student loan debt and the ongoing debate regarding the practicality of a liberal arts education versus education focused on career pragmatism. Nonetheless, higher education maintains an essential role in the modern era. It serves as:

A pathway to knowledge and expertise, which provides an opportunity to pursue academic disciplines and professional skills that can lead to career advancement and personal growthA gateway to better career opportunities, as many job positions still require a degree as a prerequisite. Degrees may also provide individuals with a competitive edge in the job marketA vehicle for social mobility, allowing individuals from diverse backgrounds to improve their socioeconomic circumstances while contributing to societyA hub for research and innovation, as universities play a critical role in generating new knowledge, conducting groundbreaking research and leading the development of technological advancementsA catalyst for personal development, as it is often a transformative experience that helps students develop critical thinking, problem-solving skills, essential life skills and a broader worldview

As higher education navigates mounting challenges, works to improve its image and value proposition and progresses to meet the multifaceted needs of various stakeholders, it has a key ally: internal audit.

This article shares perspectives on the historic and current challenges, risks and other issues higher education institutions face, and how internal audit can help.

Key takeaways

Recognize why colleges and universities are reluctant to embrace changeExplore examples of higher education transformation across campuses and classroomsNavigate the higher education risk universe and identify risks related to the institution’s business model, reputation, operations and complianceRealize the strategic and objective activities internal audit performs in the higher education environment

How Baker Tilly can help 

Our specialized higher education internal audit team has experience assessing and auditing every function within the higher education environment. We’re here to help your institution proactively plan for disruption and tackle today’s challenges.

For more information, or to learn more about how Baker Tilly’s higher education risk advisors can help your institution, connect with the team.

NEWARK, Del., April 5, 2024 /3BL/ – Delmarva Power is proud to once again partner with Miss Utility of Delmarva, the one-call notification center for Delaware and Maryland, to promote National Safe Digging Month. This awareness month serves as a reminder for residents, businesses and contractors that safe digging must remain a priority to prevent damage to critical underground energy services and prevent injuries. 

Delmarva Power, alongside Miss Utility, emphasizes the need to call 811 before beginning any digging project, no matter the size. By dialing 811, customers and contractors are connected to Miss Utility, which coordinates with local utility companies to mark the approximate locations of underground lines. Professional locators utilize spray paint, flags or other markers to indicate where it’s safe to dig.

In 2023, Delmarva Power responded to 329 incidents stemming from unsafe digging practices. Striking underground utility lines not only poses serious safety risks, but can also result in serious injury, costly damages, service disruptions and potential fines. 

With more than 6,500 miles of underground electric lines in Delaware and Maryland, and more than 3,600 miles of natural gas pipelines across northern Delaware, the potential for accidental damage is significant. Beyond Delmarva Power’s infrastructure, there are numerous other utilities buried underground, including water and sewer lines, communication cables and more. In 2023, Pepco Holdings, which includes Pepco, Atlantic City Electric and Delmarva Power, conducted nearly 14,000 safety observations to ensure contractors are excavating in a safe way to help prevent underground contact from occurring.

Once the area is marked, understanding the color codes used for marking is essential (see above).

A recent survey by The Common Ground Alliance (CGA), a national association dedicated to protecting underground utility lines, people who dig near them and their communities, shows the importance of calling 811. According to the national survey, 26.9 million homeowners planning do-it-yourself projects will not contact 811, putting themselves and their communities at risk of utility service disruptions, costly fines and repairs and even serious injury or death.

To avoid injury and disruptions, residents and businesses should remember these six tips before starting any project:

Call 811 at least three days before digging, regardless of the depth or familiarity with the property.Have a plan. Call on Monday or Tuesday for work planned for an upcoming weekend, providing ample time for the approximate location of lines to be marked.Confirm that all lines have been marked.Consider moving the location of your project if it is near utility line markings.If a contractor has been hired, confirm that the contractor has called 811. Don’t allow work to begin if the lines aren’t marked.Visit call811.com for more information.

Delmarva Power joins the Exelon family of companies,1,700 Common Ground Alliance members, the U.S. Department of Transportation and governors across the country in marking April as National Safe Digging Month to bring extra attention to the issue of underground utility line safety and reduce the risk of unnecessary infrastructure damage.

To learn more about safe digging practices, visit delmarva.com/Safety or call 800-375-7117.

To learn more about Delmarva Power, visit The Source, Delmarva Power’s online newsroom. Find additional information by visiting delmarva.com, on Facebook at facebook.com/DelmarvaPower and on X, formerly known as Twitter, at twitter.com/DelmarvaConnect. Delmarva Power’s mobile app is available at delmarva.com/MobileApp

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About Delmarva Power
Delmarva Power is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Delmarva Power provides safe and reliable energy service to approximately 561,500 electric customers in Delaware and Maryland and approximately 140,000 natural gas customers in northern Delaware

Originally published on bloomberg.com

Bloomberg announced the launch of the Bloomberg Government Climate Tilted Bond Indices, a new benchmark family for government bond investors seeking exposure to the transition to a low-carbon economy. The indices provide investors with exposure to Bloomberg’s flagship fixed income benchmarks with an enhanced focus on countries incorporating climate transition objectives.

The indices adjust country weights in Bloomberg Treasury and Sovereign indices based on Bloomberg Government Climate Scores (GOVS), which assess a government’s relative preparedness in the transition to a low-carbon world using transparent, data-driven indicators. The GOVS scores, provided by Bloomberg Sustainable Finance Solutions and informed by Bloomberg’s best-in-class BloombergNEF (BNEF) data, comprise three equally weighted pillars: Carbon Transition, Power Sector Transition and Climate Policy.

“The newly launched Bloomberg Government Climate Tilted Bond Indices are designed to consider not only a country’s progress against its climate ambitions, but also forward-looking measures of outlook, including investment in renewable energy capacity,” said Chris Hackel, Head of Sustainable Indices, Bloomberg Index Services Limited. “We’re excited to continue our collaboration with Bloomberg Sustainable Finance Solutions and BNEF to bring innovative solutions to the market that meet investors’ climate objectives across sectors and asset classes.”

The Bloomberg Government Climate Tilted Bond Indices seek to balance considerations around climate-change related risks and opportunities with the need to maintain benchmarks that accurately reflect market liquidity and concentration risks. The Bloomberg Government Climate Scores, including the underlying pillars and factor data, can be used to create custom indices that meet investor-specific portfolio objectives. For example, country emissions fields can be used to create an index that achieves minimum CO2 emissions reduction along a fixed year-over-year decarbonization trajectory. Further, the scores and data can be used by investors seeking climate solutions within broader aggregate style fixed income indices.

The Bloomberg Government Climate Tilted Bond Indices include the following 14 indices at launch:

Global Treasury Climate Tilted Bond IndexPan-Euro Treasury Climate Tilted Bond IndexEuro Treasury Climate Tilted Bond IndexEmerging Markets Local Currency Government Climate Tilted Bond IndexEmerging Markets Local Currency Government Climate Tilted 10% Country Capped IndexEmerging Markets Local Currency Government Universal Climate Tilted Bond IndexGlobal Inflation-Linked Climate Tilted Bond IndexPan Euro Inflation-Linked Climate Tilted Bond IndexEurozone-Euro CPI Inflation-Linked Climate Tilted Bond IndexEurozone-All CPI Inflation-Linked Climate Tilted Bond IndexEmerging Markets Hard Currency Sovereign Climate Tilted Bond IndexEmerging Markets USD Sovereign & Sovereign Owned Climate Tilted Bond IndexEmerging Markets USD Sovereign Climate Tilted Bond IndexEmerging Markets Pan-Euro Sovereign Climate Tilted Bond Index

As with all Bloomberg Indices, the Government Climate Tilted Bond Indices are available for benchmarking, asset allocation and product creation purposes.

Bloomberg Terminal clients can access the indices at {IN <GO>} and relevant factsheets, methodologies and research for the new indices are available on the Bloomberg ESG & Climate Indices publications page. Bloomberg Government Climate Scores can be accessed by Bloomberg Terminal customers at {BI ESG GOVCLIMATE <GO>}.

About Bloomberg Index Services Limited
Bloomberg’s index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers’ products.

About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.

Media Contact
Casey Sheets, +1 212 617 6463, csheets8@bloomberg.net 

Communicating with your employees and customers about your sustainability efforts is crucial to demonstrating your commitment to doing what is important for the planet. It invites them to join the action and understand the integrity of your company and brand. But how do you “talk the talk” with your employees? How do you get your customers to listen? What internal buy-in do you need to launch compelling programs?

This webinar will feature a robust panel from corporate and non-profits to discuss why engaging these audiences is impactful to business and how to go about doing that. The panel will feature speakers from FedEx, Grove Collaborative, International Paper, and the Arbor Day Foundation.

Join us and learn:

How to talk with your employees about your sustainability effortsThe hurdles others in this space have navigated and learn from their journeyHow others have gotten their customers to listen to their sustainability efforts and how they have built brand loyalty through those effortsAbout the process of internal buy-in needed to create compelling programs that impact the business outcomes.

Can’t join in real time? Register anyway and we’ll send you the recording!

Speakers

Mike Dupee

Chief of Operations / Vice President, Membership
Sustainable Brands

Abbie Eisenhart

Director of Corporate Partnerships
Arbor Day Foundation

Alexandra Bede

Director of Sustainability
Grove Collaborative

Alissa Campbell Shaw, EdD.

Global Community Engagement
International Paper

Rachel Kesselman

Communications Advisor, FedEx Global Citizenship
FedEx

Originally published on Rayonier.com

Rayonier purchased its first forest property in Nassau County, Florida, in the late 1930s. Since then, it has had a strong presence in the county. Company leaders reflect on our past and future in Nassau County.

Ever since Rayonier bought its first forest property in Nassau County, Florida, in the 1930s, our stories have been intertwined. Together, we have strived to be the best stewards of our community and the land within it.

As Nassau County celebrates its bicentennial this year and Rayonier prepares to celebrate its centennial in 2026, Rayonier leaders reflect on the 87-year history of Rayonier in Nassau and our vision for the company’s future here.

It’s a topic that excites everyone on our team—our voices are warm with pride when we talk about how we helped the community recover from the Great Depression and how we’ve adapted and evolved over the decades.

In 2017, we built our company headquarters at Wildlight, even further solidifying our relationship with the community.

Over the years, a unifying ethic has emerged and only grown stronger: this company, through its leaders and team members, considers itself a corporate citizen of Nassau, with a responsibility and a commitment to contribute to the community’s well-being.

Healthy Economic Growth Since 1937

Mike Bell, Rayonier’s Vice President of Public Affairs, describes our company’s relationship with Nassau County as one built around economic growth and constant reinvention. Mike looks to the past to illustrate how this legacy was built.

When Rayonier first came to Nassau in 1937, the local economy had been devastated by the Great Depression. At that time, the community relied on a small number of agricultural products to survive. When Rayonier built a manufacturing plant on Amelia Island, it diversified Nassau’s economy and created high-paying jobs that strengthened the community.

At first, the War Production Board took over the manufacturing plant to help make nitrocellulose, which was used in explosives, bullets, and rocket propellants during World War II. And as in many communities, that assistance in wartime production helped to stabilize the County’s economy.

Later, when Rayonier was able to use the facility as a pulp and paper mill as it had originally intended, the local economy began to flourish. For one thing, those manufacturing jobs were some of the highest-paying jobs in the County. But there was also an indirect economic impact throughout the supply chain.

“Rayonier helped sustain the region because we drew timber supply from a large radius,” says Mike. “That supported a lot of folks—tree growers, loggers, trucking companies—even if they weren’t working at the plant.”

In the 1930s, Rayonier also entered the timber business in the region when we began to buy land throughout Northeast Florida to ensure a steady supply of wood for our mills. We started a cycle that continues today: planting, harvesting and replanting our pine forests to provide a sustainable resource.

“Through our dedicated reforestation efforts, we are now growing our fourth generation of trees on much of our property in Nassau County,” Mike says.

Together, the mills and the well-managed forests helped Nassau County increase its tax base and create a foundation for healthy economic growth.

Rayonier has changed over time and now we no longer own manufacturing plants. We spun the pulp mills out into a separate public company now known as RYAM, but those mills are still operating and sustaining the County through taxes and high-paying jobs. They also support the timber industry in the region.

Now, we continue to grow timber, own and operate a real estate subsidiary and are involved in a number of non-timber related businesses on our land base.

“Rayonier is still here because we keep reinventing ourselves,” says Mike.

Reinvention may be in our nature at Rayonier, but certain principles have remained consistent throughout our history. One of these, Mike says, is Rayonier’s legacy of promoting sustainable economic growth in the communities where it operates—and that’s especially true in Nassau County.

Sustainable Forests Support Nassau

Director of Operations Jeremy Flood leads our Coastal Resource Unit, which manages timberland in and around Nassau County. He says it can be difficult for people to realize the economic impact forestry continues to have in the region.

“You might not see it when you drive around on the paved roads,” Jeremy says. “But if you take a bird’s eye view of the County, you see mostly forests and Rayonier owns a significant portion of those undeveloped areas.”

Today, we own 121,000 acres in Nassau County, which has roughly 415,000 acres of land altogether. Much of our land is timberland that we manage for a sustainable supply of wood over the long term.

“We’re just now cutting the trees we planted when I started my career,” Jeremy says. “Forestry is unique because it takes that kind of forward thinking to provide for the future.”

Jeremy credits Rayonier with giving him early insight into the industry. His family moved to Nassau County when he was young, and he got to know several Rayonier employees as he joined the community.

“I found forestry in part because I had this influence of Rayonier folks—they were people I respected and looked up to,” he says. “It’s been a rewarding career. In forestry, you’re managing what’s naturally on the landscape, using wisdom and science to organize it and make it efficient.”

Jeremy is proud to be a forester because of the many benefits to natural ecosystems. With modern science-based management practices, our forests provide clean water, clean air and critical wildlife habitat, all while supplying society with important products like lumber, plywood and paper.

“I hope people see a lot of the good that’s already been done here by Rayonier,” Jeremy says of Nassau County. “And I hope in the future they’ll see the six or eight generations of forestry still happening behind the scenes.”

Some Nassau County residents are already able to see behind the scenes as customers with Rayonier’s Hunting & Recreation Program.

In this program, Rayonier land is open to residents and visitors to Nassau for hunting, fishing, hiking, camping, and foraging. Currently, we have more than 900 customers in Nassau who are accessing our land to enjoy the outdoors with family and friends.

Wildlight: Sustainable Community Development

In 2007, Rayonier’s relationship with Nassau entered a new chapter when the County’s leadership approached our company to establish a public-private partnership, the result of which is the Wildlight development. At that time, population growth was on the horizon and the County wanted to be prepared.

Local leaders didn’t want to sit back and watch as developers capitalized on Nassau’s growth rate, buying up smaller parcels of land and developing them in a haphazard way with no thought to the bigger picture.

Instead, they asked Rayonier, one of the County’s largest landowners, to work with them on a whole-landscape plan to prepare for inevitable population growth. This way, the County could follow a methodical, strategic approach—planning for residential neighborhoods, schools, police stations, parks and more in a logical way.

Rayonier’s leaders were excited to work with the County.

“I’ve been in this business for 30 years and you rarely see this happen in development,” says Chris Corr, Rayonier’s Senior Vice President of Real Estate Development. “It’s uncommon to have the opportunity to think on this larger scale, but because of Rayonier’s land ownership that’s what we’ve been able to do.”

Chris, a Florida native, says the vision for Wildlight is to transition forest land into a healthy, sustainable community. It’s different, he says, from the pattern you see all too often in Florida, where the natural environment is often spoiled in favor of high-density development.

People and communities thrive when they have access to nature and plenty of opportunities for outdoor recreation and exercise. And many people are drawn to Nassau County for its beaches, rivers and forests—so it’s important to preserve the best parts of the community even as it grows.

Chris and his team surveyed the 24,000 acres that would become Wildlight and identified 12,000 acres, including critical wildlife habitat and wetlands, to set aside in conservation easements. These lands will be undeveloped and protected forever, and the easements will be managed by the Conservation Habitat Network and the East Nassau Stewardship District.

Nassau residents and visitors will have access to much of this protected land, including a future park called the Green Ribbon, a 13-mile linear park alongside the St. Marys River.

Rayonier is also building a trail network through the conserved areas and a new public boat ramp. There will be lots of opportunities for kayaking, hiking and biking in areas that were previously inaccessible to the public.

As Rayonier continues to reinvent itself, this time as a partner to the County in sustainable community development, its core values remain the same.

“Rayonier has been a steward of land for nearly 100 years with experience across states and countries managing land resources in a sustainable way,” Chris says. “So that ethic is in the heart—the blood stream—of Rayonier. We get to bring that to community development and it’s a real thing.” To see future plans for Wildlight’s growth in the county, view its Next Chapter website here.

Rural Nassau and Stewardship

In planning for the future, Nassau County’s leaders and residents have said it’s also important to preserve the community’s rural roots. Western Nassau has always been more rural than the rest of the County, with ranchettes, farms and forest land. This culture, they say, is important to Nassau and they don’t want development pressure to override this rich heritage.

Rayonier’s rural land sales subsidiary, Raydient Rural, is committed to helping with this vision. We are turning forest land into small homesteads where land buyers can live rural lifestyles.

Jason Shearer, Raydient’s Senior Manager of Development and Sales, says that growing up rural helped him find his way to a career in forestry, where he was able to serve as a steward of the land.

“The people we’re providing homesteads for are growing up much like I did—on four or five acres, knowing where their food comes from and participating in 4-H and FFA,” Jason says. “We’re creating places where future stewards can be cultivated.”

Community Service in Nassau

Mike Bell, our Vice President of Public Affairs, says that Rayonier’s philanthropic work in Nassau is a natural outgrowth of our company’s core values.

“Our stewardship ethic goes beyond environmental stewardship. It’s a common thread that permeates everything we’ve done,” Mike says. “We’ve always thought about what’s best for our community and what makes it stronger.”

As a practical matter, Mike says this is important for business reasons. The health of our company is tied to the well-being of the community. But it’s also something that Rayonier team members are passionate about. Many give their time freely to local organizations, volunteering as well as sitting on boards and committees and sharing their professional expertise. Mike focuses his own efforts on education: he sits on the District Board of Trustees for the Florida State College at Jacksonville (FSCJ), a community college with five campuses in the area.

Despite Nassau County’s A-rated K-12 school district, he says that about 35 percent of local students pursue no post-secondary education. Mike believes every student needs a plan for the future and FSCJ provides an attainable option.

“FSCJ is incredibly affordable and it’s good for students who don’t know what they want to do,” he says. “It’s important for the future prosperity of the County. It doesn’t bode well for the County if we can’t get those kids into a career with a living wage.”

In addition to serving on boards and committees, Rayonier gives back to Nassau through our Community Fund, which donates annually to local organizations. In the past five years, Rayonier has given, on average, $129,000 per year, concentrating the majority of funding in the following areas:

Natural Resources & Environmental EducationEducation and Youth DevelopmentHealth/Hospital, Civic and Community Growth

Kim Sartor, our Community Affairs Manager, lights up when she talks about her work with local organizations. One project she loves to talk about is the work Rayonier has done with Family Support Services of Northeast Florida.

Family Support Services is a community based care agency focused on improving circumstances and outcomes for families. FSS provides safe homes for abused and neglected children and teens through foster care and finds forever families for children through adoption.

Rayonier has teamed up with Family Support Services volunteers to renovate their “Bright Spaces” facility, which provides a safe, therapeutic, welcoming environment for supervised visitation with children in care in Nassau County.

Our employees also help with the annual Angel Tree Toy Drive for Family Support Services of Nassau, buying and wrapping gifts for the children to open during holiday visits with their families.

“If we want to be successful as a company, we have to take care of our community,” Kim says. “We’re funding programs that will grow our children and their children. In 10-15 years, I want to be retired and be assured our community is still thriving and growing.”

Legacy and Vision

Since 1937, our company has grown alongside Nassau County and we couldn’t be more proud to call this community our home.

Of our 181 local employees, 95 live here in the County, and 86 commute from surrounding communities.

Our perspective is perfectly summed up in these thoughts from Wes Hinton, Vice President of Wildlight at Rayonier:

“Everyone on our team cares deeply about what happens here,” he says. “Our work is a point of pride and there is excitement around it. I grew up here and my daughter is now the sixth generation in my family to be raised in Nassau County. I took this job because I want to have a say in how this community develops over time. It’s our forever home.”

Originally published on GoDaddy Resource Library

Tell us a little bit about yourself and what you do at GoDaddy.

I am a part of the Growth Pricing Analytics Team, here at GoDaddy. For six years now, I’ve been diving into the world of analytics. I love the challenge of solving puzzles and devising strategies to enhance businesses.

Why is GoDaddy Women in Tech (GDWIT) important to you as a woman in this industry?

As a woman in the tech world, it’s important to have the support and a place where we can all help each other out. Programs such as GoDaddy Women in Tech give us a chance to share stories, learn from each other, and show that tech can be for anyone!

What advice would you give to women entering the tech industry?

Believe in yourself. While it may seem daunting to fit in, remember that you have a place. Embrace curiosity, inquire boldly, and seek out mentors who can guide your learning journey. Your unique viewpoint holds significance, and the tech community thrives on diverse voices such as yours.

What motivates you at work?

What gets me out of bed in the morning? Seeing how the work I do makes a difference. I cherish those instances when data paints a narrative, enabling us to effect positive change. Plus, I’m surrounded by awesome people at GoDaddy who are always ready to help and teach me new things.

Tell us about your biggest role model or mentor.

The women in my family are my biggest inspirations. They were the first ones to go out and work – breaking barriers and showing me that anything is possible. Their strength and support have always pushed me to do my very best.

What does International Women’s Day mean to you?

International Women’s Day is a chance to celebrate how far we as women have come and to keep pushing for equality. It’s about lifting each other up and showing the world what women can do. Let’s keep fighting for a future where everyone has the same opportunities, no matter who they are.

Are you enjoying this series and want to know more about life at GoDaddy? Check out our GoDaddy Life social pages! Follow us to meet our team, learn more about our culture (Teams, ERGs, Locations), careers, and so much more. You’re more than just your day job, so come propel your career with us.

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Our timberland management practices are driven by our objectives for sustainable timberland production and for environmental protection. Utilizing our decades of timberland management expertise, we have developed internal Best Management Practices (BMPs) that include regulatory and certification frameworks and provide a consistent, tested means of implementing environmental protection. Our timberland management requirements are used as a proactive approach to maintain the health of forest soil, protect water quality and aquatic habitat, and promote biodiversity. Our foresters implement BMPs as part of our environmental management system during all phases of forest management and across all our timberlands. We require that all contractors implement applicable BMPs during forest management activities on our lands and in our mill supply chains. The BMPs are evaluated in formal studies, field tested, revised, and adapted over time to continuously improve their effectiveness.

Our BMPs are influenced by a wide range of federal, state, and local legislation and regulations. At the federal level, the 1972 Clean Water Act (CWA) and Endangered Species Act of 1973 (ESA) are the primary laws surrounding environmental protection for private working forests. Federal measures are combined with state water quality BMPs that establish standards for logging, road building, reforestation, streamside protection, and other activities. Alabama, Arkansas, Georgia, Louisiana, Mississippi, and South Carolina are among the states that have voluntary BMPs. In Idaho, BMPs are required under the Idaho Forest Practices Act (FPA). Standards and criteria under third-party forest certification programs such as the Sustainable Forestry Initiative® or Forest Stewardship Council® BMPs and measures beyond the federal and state requirements ensure the conservation and proper management of timberlands. BMP implementation monitoring is a requirement of our environmental management system, and we conduct annual internal and external third- party audits of compliance.

FORWARD-LOOKING STATEMENTS

This release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as “annual,” “campaign,” “continuously,” “objective,” “over time,” and similar expressions are intended to identify such forward-looking statements. These statements reflect management’s views of future events based on assumptions and are therefore subject to known and unknown risks, uncertainties, and other factors, and are not guarantees of future conduct, results, or policies. Please view the Cautionary Statement Regarding Forward-Looking Information on page 134 of PotlatchDeltic’s 2022 ESG Report.

Our timberland management practices are driven by our objectives for sustainable timberland production and for environmental protection. Utilizing our decades of timberland management expertise, we have developed internal Best Management Practices (BMPs) that include regulatory and certification frameworks and provide a consistent, tested means of implementing environmental protection. Our timberland management requirements are used as a proactive approach to maintain the health of forest soil, protect water quality and aquatic habitat, and promote biodiversity. Our foresters implement BMPs as part of our environmental management system during all phases of forest management and across all our timberlands. We require that all contractors implement applicable BMPs during forest management activities on our lands and in our mill supply chains. The BMPs are evaluated in formal studies, field tested, revised, and adapted over time to continuously improve their effectiveness.

Our BMPs are influenced by a wide range of federal, state, and local legislation and regulations. At the federal level, the 1972 Clean Water Act (CWA) and Endangered Species Act of 1973 (ESA) are the primary laws surrounding environmental protection for private working forests. Federal measures are combined with state water quality BMPs that establish standards for logging, road building, reforestation, streamside protection, and other activities. Alabama, Arkansas, Georgia, Louisiana, Mississippi, and South Carolina are among the states that have voluntary BMPs. In Idaho, BMPs are required under the Idaho Forest Practices Act (FPA). Standards and criteria under third-party forest certification programs such as the Sustainable Forestry Initiative® or Forest Stewardship Council® BMPs and measures beyond the federal and state requirements ensure the conservation and proper management of timberlands. BMP implementation monitoring is a requirement of our environmental management system, and we conduct annual internal and external third- party audits of compliance.

FORWARD-LOOKING STATEMENTS

This release contains certain forward-looking statements within the meaning of the federal securities laws. Words such as “annual,” “campaign,” “continuously,” “objective,” “over time,” and similar expressions are intended to identify such forward-looking statements. These statements reflect management’s views of future events based on assumptions and are therefore subject to known and unknown risks, uncertainties, and other factors, and are not guarantees of future conduct, results, or policies. Please view the Cautionary Statement Regarding Forward-Looking Information on page 134 of PotlatchDeltic’s 2022 ESG Report.

In most engineering programs around the world, students only learn how to design things on paper. But the rocketry program at San José State University (SJSU) is different. Not only do its students get to design airplanes and spacecraft rockets, but they also have an opportunity to build them, test them in the lab, and actually go out and launch them.

The SJSU Rocketry Program has a long tradition of hands-on learning, especially in aeronautics and aerospace engineering. It starts with building simple rockets and evolves all the way up to complex multi-stage rockets designed to travel 25 miles toward space. The experience students gain allows them to compete at the Spaceport America Cup, the world’s largest intercollegiate rocket engineering competition.

However, designing a rocket is a challenging, multifaceted project. The SJSU students get involved with all the different aspects of building a rocket, from the avionics to the parachute deployments. These lead to many safety challenges as well as many expenses.

Cadence computational fluid dynamics (CFD) software helps SJSU’s students be as precise in their prediction of rocket performance as possible. With Cadence CFD technology, they can make detailed designs, enabling them to swap out materials, for example, without having to buy and build a design with that material. It also helps them understand the safety of their design in a much more detailed fashion. As a result, there’s a lot less expense and risk for SJSU’s students.

Dr. Sheryl Ehrman, Done Beall Dean of the College of Engineering at SJSU, said, “San Jose State has had a great relationship with Cadence over the years. We really appreciate this partnership. It’s part of the reason why our students are so valued in Silicon Valley.”

Learn more about how SJSU is providing hands-on rocketry experience with Cadence CFD.

“Designed with Cadence” is a series of videos showcasing creative products and technologies that are accelerating industry innovation using Cadence tools and solutions. For more Designed with Cadence videos, check out the Cadence website and YouTube channel.

In most engineering programs around the world, students only learn how to design things on paper. But the rocketry program at San José State University (SJSU) is different. Not only do its students get to design airplanes and spacecraft rockets, but they also have an opportunity to build them, test them in the lab, and actually go out and launch them.

The SJSU Rocketry Program has a long tradition of hands-on learning, especially in aeronautics and aerospace engineering. It starts with building simple rockets and evolves all the way up to complex multi-stage rockets designed to travel 25 miles toward space. The experience students gain allows them to compete at the Spaceport America Cup, the world’s largest intercollegiate rocket engineering competition.

However, designing a rocket is a challenging, multifaceted project. The SJSU students get involved with all the different aspects of building a rocket, from the avionics to the parachute deployments. These lead to many safety challenges as well as many expenses.

Cadence computational fluid dynamics (CFD) software helps SJSU’s students be as precise in their prediction of rocket performance as possible. With Cadence CFD technology, they can make detailed designs, enabling them to swap out materials, for example, without having to buy and build a design with that material. It also helps them understand the safety of their design in a much more detailed fashion. As a result, there’s a lot less expense and risk for SJSU’s students.

Dr. Sheryl Ehrman, Done Beall Dean of the College of Engineering at SJSU, said, “San Jose State has had a great relationship with Cadence over the years. We really appreciate this partnership. It’s part of the reason why our students are so valued in Silicon Valley.”

Learn more about how SJSU is providing hands-on rocketry experience with Cadence CFD.

“Designed with Cadence” is a series of videos showcasing creative products and technologies that are accelerating industry innovation using Cadence tools and solutions. For more Designed with Cadence videos, check out the Cadence website and YouTube channel.

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