Tag: 3BL

Authored by Jennifer Schwalm, Mark Ross

The boards of directors for senior living organizations play a crucial role in ensuring financial integrity and operational efficiency. It is imperative for boards to remain attentive to emerging industry trends to proactively address potential challenges and capitalize on opportunities. Being aware of trends enables boards to adapt financial strategies, expansion and repositioning strategies, risk management protocols and compliance measures accordingly. In the rapidly evolving landscape of senior living, factors such as demographic trends, technological advancements and changing healthcare reimbursement and regulatory policies can significantly impact financial health.

By proactively keeping up with industry trends on the horizon, boards of directors can make well informed decisions, enhance long-term financial sustainability, and ensure that senior living organizations are positioned to accomplish their primary objective, which is to provide high quality care to residents while maintaining fiscal responsibility.

Future trends 

Staying informed on emerging industry trends allows boards of directors to adapt to changes, anticipate challenges and exploit opportunities. Senior living boards need to be well positioned to address trends and assist organizations as they develop action plans and strategies in response.

Financial stability of the business model 

It is essential for boards of directors to assess the financial stability and sustainability of their senior living organizations. Boards should be paying close attention to key financial ratios, occupancy trends, the number of healthcare beds and related utilization, service offerings, workforce matters, consumer preferences, and real estate and economic trends, as these directly impact the organization’s revenue streams and operational viability. Establishing a comprehensive understanding of these components increases the likelihood that the financial statements of the organization, which are periodically analyzed by boards, will accurately reflect the financial position, operating results and cash flows of the organization. The accuracy of financial information produced by any organization is paramount to allowing residents and other stakeholders to make informed conclusions about the organization’s overall fiscal health and strategic direction.

Workforce challenges 

Workforce challenges impact overall operational efficiency and quality of care for senior living organizations. The aging population’s increasing demand for senior care services increases the strain on the workforce. Additionally, a typical day for direct caregivers in a senior care environment often involves physically and emotionally demanding tasks, contributing to high turnover rates. Workforce shortages and the need for specialized training in geriatric care exacerbate these challenges. Further, the new normal of permanently higher wage rates for certain employees can also create financial hardships for the organization. To address these issues, boards of directors should encourage management to focus on innovative workforce solutions, such as the deployment of robust and engaging training programs; adaptable recruitment and retention initiatives; and strategic workforce planning and scheduling. These actions help to mitigate employee turnover, minimize nurse agency usage, and ensure a sustainable and high-quality care environment. Ultimately, senior living organizations should strive to achieve “employer of choice” status in their market.

Growth strategy 

Successfully growing your organization requires thorough planning, risk assessment and financial considerations, all of which demand careful scrutiny by senior living boards of directors. Boards must ensure strategic growth goals align with organizational goals, financial sustainability and compliance standards. Market dynamics may drive the need for certain organizations to focus on diversifying service offerings in response to evolving consumer needs and preferences. Market dynamics may also drive an organization to expand its geographical reach to tap into emerging markets, while elevating the organization’s brand to a broader audience. For other organizations, focusing on core service line competencies in a specific geography may be an appropriate strategy. There is no one size fits all growth strategy for senior living organizations. Developing a growth strategy appropriate for your organization can be a time consuming, significant investment, however, it is an investment that every organization needs to make to ensure its long-term financial viability and relevance for upcoming generations.

Strategic partnerships and affiliations 

As senior living organizations increasingly engage in strategic partnerships, boards of directors should ensure that management teams effectively evaluate financial implications, regulatory compliance and overall risks associated with such alliances; this includes assessing the financial health and integrity of potential partners. Additionally, boards of directors can help to ensure management teams establish robust integration plans and reporting mechanisms to effectively monitor the progress and outcomes of strategic partnerships, protecting the interests of senior living organizations and their stakeholders. By examining these activities through an intense financial and risk management lens, senior living boards of directors contribute to the success and sustainability of strategic partnerships, ensuring these collaborations align with organizational goals.

Transforming audit and consulting engagements into strategic insights with Baker Tilly 

Baker Tilly’s senior services consulting team strives to help senior services organizations address their most pressing problems now, while anticipating tomorrow by providing custom solutions to clients to establish organizational and financial resiliency. The firm’s consulting services include strategic planning, development advisory services, financial planning and feasibility studies, market research, operational assessments, transaction advisory services, and more.

Further, Baker Tilly’s audit teams use a risk-based model relying on a comprehensive understanding of the senior living industry, client-specific business models and internal controls, and industry-wide best practices when executing audit engagements. Baker Tilly teams use the latest in technology which facilitates a specific focus on certain audit areas, and the execution of audit procedures that produce valuable insights for clients. These insights result in real business conversations as a by-product of the audit process, rather than just compliance related dialogue.

For more insights, visit Baker Tilly’s senior services page.

March 14, 2024 /3BL/ – Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today its innovative collaboration with Biophilica, the company behind Treekind®. Treekind is one of the only plastic free leather alternatives that is 100% biobased, home compostable, non-toxic, and PETA vegan certified, notably benefiting from Sappi’s textured release paper to give the material an ultra-realistic look and feel.

“Inclusion of plastic-containing coatings has dominated the vegan leather industry, limiting consumers with few fully sustainable choices and a material that often has a plastic-like touch inferior to the quality or feel of traditional leather,” said Mark Hittie, Director Release Business Strategy at Sappi North America. “Through our partnership and Biophilica’s continued commitment to creating an authentic leather alternative, Treekind is now a strong sustainable market opponent to natural leather products and other plastic-based vegan leathers due to its genuine look and feel.”

Understanding the important role that touch plays in consumers’ relationship with products, it was paramount for Biophilica to create a product with an authentic, non-plastic-like feel. Touch has the power to shift consumer’s minds into a deeper level of engagement – one more conducive to building a lasting relationship and connection with a brand. To help facilitate this vision in 2022, Sappi stepped in to deliver a high-fidelity, 3D, leather grain solution to impart texture to Treekind through the application of Sappi’s Ultracast Viva® release paper.

“Curating the texture of Treekind to be as close to the feel of genuine leather as possible was a top priority for our team and brand, and what ultimately led us to seek Sappi’s textured release technology,” said Biophilica Founder and CEO Mira Nameth. “We’re elated to see an impressive 85% increase in positive feedback from brand partners such as ID Genève watches and international brands via Fashion for Good.”

Available now, Treekind currently uses Sappi’s leather grain textured release papers, however, Biophilica plans to use Sappi’s other finishes and textures, including glossy and matte finishes and varying grains for potential expansion in a premium line of goods.

To learn more about Sappi and Biophilica’s partnership, please visit: https://www.sappi.com/unique-plastic-free-vegan-leather-an-ultracast-release-case-study.

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About Sappi North America, Inc.    

Sappi North America, Inc., headquartered in Boston, is a market leader in converting wood fiber into superior products that customers demand worldwide. Our four diversified businesses – high-quality Graphic Papers, Dissolving Pulp, Packaging, and Specialty Papers deliver premium products and services with consistent quality and reliability. Our high-quality Coated Printing Papers are used for premium magazines, catalogs, books, direct mail and high-end print advertising. We are a leading manufacturer of Dissolving Pulp, which is used in a wide range of products, including textile fibers and household goods. We deliver sustainable Packaging and Specialty Papers for luxury packaging and folding carton applications with our single-ply packaging brands and for the food and label industries with our specialty papers. We are one of the world’s leading suppliers of Casting and Release Papers with lines for the automotive, fashion and engineered films industries.    

Sappi North America is a subsidiary of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with more than 12,000 employees and manufacturing operations on three continents in seven countries and customers in over 150 countries.

March 14, 2024 /3BL/ – Sappi North America Inc., a leading producer and supplier of diversified paper, packaging products and pulp, announced today its innovative collaboration with Biophilica, the company behind Treekind®. Treekind is one of the only plastic free leather alternatives that is 100% biobased, home compostable, non-toxic, and PETA vegan certified, notably benefiting from Sappi’s textured release paper to give the material an ultra-realistic look and feel.

“Inclusion of plastic-containing coatings has dominated the vegan leather industry, limiting consumers with few fully sustainable choices and a material that often has a plastic-like touch inferior to the quality or feel of traditional leather,” said Mark Hittie, Director Release Business Strategy at Sappi North America. “Through our partnership and Biophilica’s continued commitment to creating an authentic leather alternative, Treekind is now a strong sustainable market opponent to natural leather products and other plastic-based vegan leathers due to its genuine look and feel.”

Understanding the important role that touch plays in consumers’ relationship with products, it was paramount for Biophilica to create a product with an authentic, non-plastic-like feel. Touch has the power to shift consumer’s minds into a deeper level of engagement – one more conducive to building a lasting relationship and connection with a brand. To help facilitate this vision in 2022, Sappi stepped in to deliver a high-fidelity, 3D, leather grain solution to impart texture to Treekind through the application of Sappi’s Ultracast Viva® release paper.

“Curating the texture of Treekind to be as close to the feel of genuine leather as possible was a top priority for our team and brand, and what ultimately led us to seek Sappi’s textured release technology,” said Biophilica Founder and CEO Mira Nameth. “We’re elated to see an impressive 85% increase in positive feedback from brand partners such as ID Genève watches and international brands via Fashion for Good.”

Available now, Treekind currently uses Sappi’s leather grain textured release papers, however, Biophilica plans to use Sappi’s other finishes and textures, including glossy and matte finishes and varying grains for potential expansion in a premium line of goods.

To learn more about Sappi and Biophilica’s partnership, please visit: https://www.sappi.com/unique-plastic-free-vegan-leather-an-ultracast-release-case-study.

###       

About Sappi North America, Inc.    

Sappi North America, Inc., headquartered in Boston, is a market leader in converting wood fiber into superior products that customers demand worldwide. Our four diversified businesses – high-quality Graphic Papers, Dissolving Pulp, Packaging, and Specialty Papers deliver premium products and services with consistent quality and reliability. Our high-quality Coated Printing Papers are used for premium magazines, catalogs, books, direct mail and high-end print advertising. We are a leading manufacturer of Dissolving Pulp, which is used in a wide range of products, including textile fibers and household goods. We deliver sustainable Packaging and Specialty Papers for luxury packaging and folding carton applications with our single-ply packaging brands and for the food and label industries with our specialty papers. We are one of the world’s leading suppliers of Casting and Release Papers with lines for the automotive, fashion and engineered films industries.    

Sappi North America is a subsidiary of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with more than 12,000 employees and manufacturing operations on three continents in seven countries and customers in over 150 countries.

Since 1999, Habitat for Humanity and Whirlpool Corporation have worked together to help improve lives and increase access to safe, resilient and affordable homes in communities around the world. Today, Whirlpool and Habitat mark the 25th anniversary of their collaboration.

Over the lifetime of the relationship, Whirlpool has given more than $140 million in funding and donated products supporting nearly 200,000 Habitat households in the U.S. and close to 1 million people in more than 50 countries worldwide.

“At Whirlpool, we believe that the four walls around us have the power to unlock immense opportunity, and we are grateful for 25 incredible years working with Habitat to impact more than 1 million people by helping them build the foundation for a stable life and a bright future,” said Pam Klyn, Whirlpool Corporation executive vice president of corporate relations and sustainability. “Our shared vision of improving lives through homeownership and improving communities as well has been very rewarding for our employees and our organization as a whole.”

At Whirlpool, we believe that the four walls around us have the power to unlock immense opportunity, and we are grateful for 25 incredible years working with Habitat to impact more than 1 million people by helping them build the foundation for a stable life and a bright future,”

Whirlpool and Habitat have a shared commitment to not only helping build homes and improve communities but to ensure they are both sustainable and resilient. In 2021, Whirlpool and Habitat launched the BuildBetter with Whirlpool program, a three-phase initiative that expands on Habitat’s efforts to help homeowners mitigate the impacts of extreme weather events through the construction of climate resilient and energy-efficient homes. Through the program, Habitat homeowners also have the potential to save on monthly utility bills using their energy-efficient appliances donated by Whirlpool. By the end of the year, more than 260 climate-resilient and energy-efficient homes will have been built across the U.S., and learnings from the projects will help to inform future Habitat builds. In early 2024, Whirlpool Foundation extended support for the BuildBetter with Whirlpool program to add two more phases that will build 50 net-zero ready homes.

Whirlpool has strongly supported Habitat’s advocacy efforts both in the U.S. and around the world. Since its inception, Whirlpool has been a dedicated partner of Habitat’s five-year Cost of Home U.S. advocacy campaign, enabling the housing organization to help 6.6 million Americans access affordable homes and influence more than 350 policies at the local, state and federal levels.

Through its sponsorship of Habitat’s global housing forums, Whirlpool has helped to increase access to shelter for vulnerable populations in communities around the world. Most recently, the company sponsored the Latin American and Caribbean Housing Forum in Bogotá, Colombia, where representatives from private sector companies, public sector agencies, civil society organizations, academia and global institutions came together to discuss critical housing issues in the region.

“Whirlpool Corporation has been an invaluable partner to Habitat for the last 25 years, and we are thrilled to celebrate this important milestone in our relationship,” said Jonathan Reckford, CEO, Habitat for Humanity International. “Whirlpool and Habitat have worked together to improve and broaden the ways we can help more families achieve housing stability, and as a result, we have made a profound impact on the lives of millions of families around the world. We are grateful for Whirlpool’s dedication to helping us build a world where everyone has a decent place to live.”

View original content here.

Since 1999, Habitat for Humanity and Whirlpool Corporation have worked together to help improve lives and increase access to safe, resilient and affordable homes in communities around the world. Today, Whirlpool and Habitat mark the 25th anniversary of their collaboration.

Over the lifetime of the relationship, Whirlpool has given more than $140 million in funding and donated products supporting nearly 200,000 Habitat households in the U.S. and close to 1 million people in more than 50 countries worldwide.

“At Whirlpool, we believe that the four walls around us have the power to unlock immense opportunity, and we are grateful for 25 incredible years working with Habitat to impact more than 1 million people by helping them build the foundation for a stable life and a bright future,” said Pam Klyn, Whirlpool Corporation executive vice president of corporate relations and sustainability. “Our shared vision of improving lives through homeownership and improving communities as well has been very rewarding for our employees and our organization as a whole.”

At Whirlpool, we believe that the four walls around us have the power to unlock immense opportunity, and we are grateful for 25 incredible years working with Habitat to impact more than 1 million people by helping them build the foundation for a stable life and a bright future,”

Whirlpool and Habitat have a shared commitment to not only helping build homes and improve communities but to ensure they are both sustainable and resilient. In 2021, Whirlpool and Habitat launched the BuildBetter with Whirlpool program, a three-phase initiative that expands on Habitat’s efforts to help homeowners mitigate the impacts of extreme weather events through the construction of climate resilient and energy-efficient homes. Through the program, Habitat homeowners also have the potential to save on monthly utility bills using their energy-efficient appliances donated by Whirlpool. By the end of the year, more than 260 climate-resilient and energy-efficient homes will have been built across the U.S., and learnings from the projects will help to inform future Habitat builds. In early 2024, Whirlpool Foundation extended support for the BuildBetter with Whirlpool program to add two more phases that will build 50 net-zero ready homes.

Whirlpool has strongly supported Habitat’s advocacy efforts both in the U.S. and around the world. Since its inception, Whirlpool has been a dedicated partner of Habitat’s five-year Cost of Home U.S. advocacy campaign, enabling the housing organization to help 6.6 million Americans access affordable homes and influence more than 350 policies at the local, state and federal levels.

Through its sponsorship of Habitat’s global housing forums, Whirlpool has helped to increase access to shelter for vulnerable populations in communities around the world. Most recently, the company sponsored the Latin American and Caribbean Housing Forum in Bogotá, Colombia, where representatives from private sector companies, public sector agencies, civil society organizations, academia and global institutions came together to discuss critical housing issues in the region.

“Whirlpool Corporation has been an invaluable partner to Habitat for the last 25 years, and we are thrilled to celebrate this important milestone in our relationship,” said Jonathan Reckford, CEO, Habitat for Humanity International. “Whirlpool and Habitat have worked together to improve and broaden the ways we can help more families achieve housing stability, and as a result, we have made a profound impact on the lives of millions of families around the world. We are grateful for Whirlpool’s dedication to helping us build a world where everyone has a decent place to live.”

View original content here.

The latest report from the research technology company Glow, in collaboration with 3BL, TriplePundit and panel partner Cint, The $44 Billion Sustainability Opportunity for Brands is stirring up attention and sparking conversation on sustainability’s impact on an organization’s bottom line. 

Our very own Mary Mazzoni, VP Content and Executive Editor of TriplePundit, alongside Glow’s Founder and CEO, Tim Clover and Managing Director, Data Products, Mike Johnston, sat down for a conversation on the landmark report’s methodology and findings.

As the first piece of research to attach a dollar figure to the value of sustainability for brands, they discuss the impact of responsible practices on brand value and consumer perception. For those seeking insights on how much consumers care about what brands do when it comes to society and the environment, and how it factors into their purchasing decisions, look no further than this deep dive.

Watch the full conversation here. 

The latest report from the research technology company Glow, in collaboration with 3BL, TriplePundit and panel partner Cint, The $44 Billion Sustainability Opportunity for Brands is stirring up attention and sparking conversation on sustainability’s impact on an organization’s bottom line. 

Our very own Mary Mazzoni, VP Content and Executive Editor of TriplePundit, alongside Glow’s Founder and CEO, Tim Clover and Managing Director, Data Products, Mike Johnston, sat down for a conversation on the landmark report’s methodology and findings.

As the first piece of research to attach a dollar figure to the value of sustainability for brands, they discuss the impact of responsible practices on brand value and consumer perception. For those seeking insights on how much consumers care about what brands do when it comes to society and the environment, and how it factors into their purchasing decisions, look no further than this deep dive.

Watch the full conversation here. 

Sofidel

A strong lever for promoting more responsible development is sustainable finance, i.e. that whose products and investment decisions take into account environmental, social and corporate governance factors. This is an issue to which the European Union has devoted special attention in recent years starting, for example, with the introduction of a classification system – the Taxonomy for Sustainable Activities – intended to provide companies and investors with a certain and common definition of activities that can be considered sustainable.

Making non-financial information (particularly that related to the social benefits produced) more transparent, developing official standards, and fostering the integration of ESG factors into governance to improve understanding and management of climate and environmental risks are some of the goals pursued. This work is also important to increase market transparency and facilitate the mobilization of private resources to finance sustainable growth.

To better understand the evolution of this complex sector, Soft&Green interviewed Francesco Bicciato, Director of the Forum for Sustainable Finance, an Italian association that has been advocating the need to include environmental, social and governance criteria in financial products and processes for years.

The reflection continues with some data on the growth of sustainable investments, the need to improve people’s level of financial literacy, and the role of both businesses and individual citizens who choose to invest more responsibly than in the past.

About The Sofidel Group 

The Sofidel Group, a privately held company owned by the Stefani and Lazzareschi families, is a world leader in the manufacture of paper for hygienic and domestic use. Founded in 1966, the Group has subsidiaries in 12 countries – Italy, Spain, the UK, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania, and the USA – with more than 6,400 employees. A member of the UN Global Compact and the international WWF Climate Savers program, the Sofidel Group considers sustainability a strategic imperative and is committed to promoting sustainable development.  For more information, visit www.sofidel.com.

Media Contact: 

Fabio Vitali
Fabio.Vitali@sofidel.com 
www.sofidel.com

Sofidel

A strong lever for promoting more responsible development is sustainable finance, i.e. that whose products and investment decisions take into account environmental, social and corporate governance factors. This is an issue to which the European Union has devoted special attention in recent years starting, for example, with the introduction of a classification system – the Taxonomy for Sustainable Activities – intended to provide companies and investors with a certain and common definition of activities that can be considered sustainable.

Making non-financial information (particularly that related to the social benefits produced) more transparent, developing official standards, and fostering the integration of ESG factors into governance to improve understanding and management of climate and environmental risks are some of the goals pursued. This work is also important to increase market transparency and facilitate the mobilization of private resources to finance sustainable growth.

To better understand the evolution of this complex sector, Soft&Green interviewed Francesco Bicciato, Director of the Forum for Sustainable Finance, an Italian association that has been advocating the need to include environmental, social and governance criteria in financial products and processes for years.

The reflection continues with some data on the growth of sustainable investments, the need to improve people’s level of financial literacy, and the role of both businesses and individual citizens who choose to invest more responsibly than in the past.

About The Sofidel Group 

The Sofidel Group, a privately held company owned by the Stefani and Lazzareschi families, is a world leader in the manufacture of paper for hygienic and domestic use. Founded in 1966, the Group has subsidiaries in 12 countries – Italy, Spain, the UK, France, Belgium, Germany, Sweden, Poland, Hungary, Greece, Romania, and the USA – with more than 6,400 employees. A member of the UN Global Compact and the international WWF Climate Savers program, the Sofidel Group considers sustainability a strategic imperative and is committed to promoting sustainable development.  For more information, visit www.sofidel.com.

Media Contact: 

Fabio Vitali
Fabio.Vitali@sofidel.com 
www.sofidel.com

International Olympic Committee news

Ahead of International Women’s Day on 8 March, the International Olympic Committee (IOC) is celebrating a monumental achievement set to be reached at the upcoming Olympic Games Paris 2024: The IOC has distributed quota places equally to female and male athletes – 50:50. For the first time in Olympic history, there will be full gender parity on the field of play.

“We are about to celebrate one of the most important moments in the history of women at the Olympic Games, and in sport overall,” said IOC President Thomas Bach.

Over the years, the IOC’s commitment to gender equality has led the Olympic Movement to steadily increase the number of female athletes at the Olympic Games. Totalling just 2.2 per cent of the participants at the Olympic Games Paris 1900 when women competed for the first time, the number gradually rose, picking up the pace as of Los Angeles 1984, at 23 per cent; 44 per cent at London 2012; and 48 per cent at Tokyo 2020.

Creating equal opportunities for female and male athletes

Achieving gender equality took strength, perseverance, leadership and courage. “We are looking forward to Paris 2024, where we will see the results of the enormous efforts made by the Olympic Movement and female trailblazers come to life. This is our contribution to a more gender-equal world,” President Bach added.

Other key initiatives delivered in coordination with International Sports Federations (IFs) and National Olympic Committees (NOCs) have led to equal opportunities for female and male athletes to take part in the Olympic Games, including:

a more gender-balanced sports programme, with 28 out of 32 sports fully gender equal in Paris.a more gender-balanced number of medal events, with the Paris 2024 schedule comprising 152 women’s events, 157 men’s events and 20 mixed-gender events.

This means that more than half of all the medal events at Paris 2024 will be open to female athletes.

In addition, the IOC has taken a number of important actions to increase the visibility of women at the Olympic Games. Since Tokyo 2020, each team has been encouraged to have one female and one male athlete jointly carry their flag at the Opening Ceremony.

At the same time, the IOC is encouraging all NOCs to include a minimum of one female and one male athlete in their delegation.

Significant efforts have also been made to ensure that women’s and men’s sports events are scheduled fairly over the 16 days of the Olympic Games. A gender- balanced schedule provides journalists with the opportunity to better balance their coverage, thus also making it easier for the next generation of female athletes to follow their role models in the media.

In Paris, for example, for the first time since its inclusion in the Olympic programme in 1984, the women’s marathon will take place a day after the men’s, and will conclude the athletics programme on 11 August during the Closing Ceremony. For many years, the men’s marathon has held this spot, as a culminating event to bring the Olympic fortnight to a close. Paris 2024 will see the order reversed, showcasing the performances of female athletes.

Keeping the momentum going to open more pathways for women

Paris will be a proud moment for the Olympic Movement – the culmination of hard work by the athletes, the IOC, IFs, NOCs and Games organisers. But this is not the finish line.

A number of IOC-led programmes are already in full force, and will continue to address the remaining gender gap in sport for all women – be it for girls looking for access to sport at grassroots level, female coaches aiming to reach elite level or women striving to reach leadership positions. The IOC and the Olympic Movement will continue their commitment to help create a more gender-equal world through sport.

“Our commitment to advancing gender equality does not end in Paris,” said the IOC President. “We will continue to open pathways for women and to work with our stakeholders, encouraging them to take the necessary steps to advance gender equality in their area of responsibility. The IOC will keep leading the way and using the power of sport to contribute to a more equal and inclusive society.”

Learn more about the IOC’s ongoing action to advance gender equality both on and off the field of play.

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The International Olympic Committee is a not-for-profit, civil, non-governmental, international organisation made up of volunteers which is committed to building a better world through sport. It redistributes more than 90 per cent of its income to the wider sporting movement, which means that every day the equivalent of USD 4.2 million goes to help athletes and sports organisations at all levels around the world.

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For more information, please contact the IOC Media Relations Team:
Tel: +41 21 621 6000, email: pressoffice@olympic.org, or visit our web site at www.ioc.org.

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