Tag: 3BL

January 29, 2024 /3BL/ – AEG, the world’s leading sports and live entertainment company, today released its 2023 Diversity, Equity, and Inclusion Report. The report includes insights on the company’s initiatives related to its workplace culture, workforce representation, and marketplace impact with supplier diversity, community organizations and fans.

“At our core, AEG is about bringing people together and creating memorable and impactful experiences. That is why we continue to invest in and embed DEI into our business operations, and this report illustrates our commitment and progress to date,” said Dan Beckerman, President and CEO of AEG. “While there is more work to be done, we are harnessing the power and passion of our global leaders and employees to build a more equitable workplace, workforce and society.”

Highlights from the AEG 2023 DEI report include:

An increase in the number of women in the company’s workforce that rose by 3.8% from 39.5% to 43.3%; and an increase in the number of women director level and above which rose 2.7% from 35.2% to 37.9% between January 2022 and March 2023.An increase in the number of BIPOC employees in the workforce which rose by 11.3% from 31.2% to 42.5%, and an increase in BIPOC employees director level and above which rose 4.5% from 18.9% to 23.4%, between January 2022 and March 2023 .An increase in AEGs Employee Network Groups to 16 groups as of October 2023. These groups enable employees to connect and be their authentic selves, find safe space, learn about each other’s backgrounds and cultures, and provide learning and development opportunities.An increase in the number of business-related organizations that support the company’s supplier diversity program and an expansion of the number of diverse suppliers accessible through the company’s sourcing portal to more than 80,000 nationally.Continued cultivation of future talent through partnerships with Black, Latinx, Asian and women’s organizations including HBCUs and the Hispanic Scholarship Fund. At the same time an expansion of the AEG Futures program which offers high school students the opportunity to learn about careers in sports and live music from industry professionals.

“At AEG, we are on a journey to create a diverse, equitable and inclusive workplace, and are taking concrete actions that will lead to meaningful change both at our company and in the communities where we operate,” said Jae Requiro, vicepresident, DEI for AEG. “We are committed to attracting and retaining the best talent, talent with different backgrounds, lived experiences and perspectives, and are working hard to provide all employees career opportunities and a strong sense of belonging for everyone.”

Click here to view AEG’s 2023 Diversity & Inclusion Report.

January 29, 2024 /3BL/ – We are thrilled to partner with IncubatecUFRO & Pro Mujer’s Gender Knowledge Lab (GKL), to deliver valuable training, capacity building, technical assistance, and support for key business initiatives, taking the impact of women-owned micro, small, and medium-sized enterprises in Latin America to new heights.

IncubatecUFRO are business development specialists service that will provide the EIC Small grantees the training and technical assistance on business competitiveness.

 

Pro Mujer, through its specialized consulting area, the Gender Knowledge Lab, will provide comprehensive training and equip EIC’s small grantees with the essential knowledge, skills, and mindset required to actively promote gender equality, empower women, and foster their role as catalysts for gender equity within their communities and the broader region.

 

About the EMPOWER INNOVATION CHALLENGE (EIC) 

Funded by the U.S. Department of State, the EIC is implemented by the World Environment Center (WEC) and its partners Nucleo de Biotecnologa de Curauma (NBC) and Baastel. The EIC supports women-owned micro, small, and medium-sized enterprises (MSMEs) in scaling their businesses through a series of small grants focused on local solutions. With a focus on green and blue economies, the EIC partnership will provide training, access to capital, networking, and partnership opportunities with local and international businesses.

 

About the World Environment Center:

WEC is an independent, global non-profit, non-advocacy organization that promotes sustainable development through the business practices and operations of its member companies and in partnership with governments, multilateral organizations, non-governmental organizations, universities, and other stakeholders. WEC’s mission is to promote business and its social value by advancing solutions to sustainable development-related problems.

www.wec.org

About Pro Mujer

For more than three decades, the social enterprise Pro Mujer has provided services and tools to women in Latin America so that they can reach their full potential, improve their living conditions and become agents of change for their communities. It operates through a holistic and comprehensive model that seeks to expand the access of women in the region to health services, increase their financial inclusion and provide them with training opportunities. Pro Mujer’s work is closely aligned with the UN Sustainable Development Goals (SDGs) and delivers tangible results across eight of them: 1, 3, 4, 5, 8, 10, 11 and 16. For more information, go here.

https://promujer.org/portal/

 

About IncubatecUFRO

IncubatecUFRO, the Business Incubator of the de la Universidad de La Frontera (Chile), supports the growth of Chile’s entrepreneurship and innovation ecosystem. It brings more than 20 years of experience working with entrepreneurs and innovators in Chile and overseas. 

They achieve success by managing and energizing initiatives with a high potential impact on the ecosystem, through specialized units that articulate collaborative networks throughout Latin America. IncubatecUFRO is also a La RED member.

https://incubatecufro.cl/

Originally published on bloomberg.com

The Global Trading Challenge, Bloomberg’s annual Terminal-based event for students, attracted over 8400 students across 38 countries to compete in the 2023 virtual investment competition. Student participants invested $1 million virtual US dollars, using the Bloomberg Terminal to define market assumptions, develop a return-generating strategy, and execute notional trades within a closed network, while receiving support from faculty advisors and training from Bloomberg employees.

The challenge is designed to help students build marketable skills and the knowledge needed to compete for finance jobs. It also aims to provide hands-on experience that they will use in their future careers. Over 48,000 individual “trades” took place during the 2023 challenge, with AI stocks emerging as the most popular investment.

This year, the winning team from the University of Hong Kong had the highest pure relative return to the Bloomberg World Large, Mid & Small Cap Price Return Index (WLS Index). The team generated a +67.7% return over the six weeks of the challenge, for a final relative profit of +$637,399.

Regional Winners include: Rochester Institute of Technology (US), Pontificia Universidad Javeriana (Latin America), City University London (Bayes Business School) (Europe), NYU Abu Dhabi (Middle East), University of Hong Kong (Asia and Oceania).

Jocelyn Darmawan, Gavin Sayogo and Swarna Wijaya, the winners of this year’s challenge said: “The markets are so unpredictable – they really keep you on your toes. The markets are constantly changing based on all sorts of news and economic factors. If you get complacent, you’ll miss out on opportunities or make mistakes. But at the same time, all that movement also creates new chances to profit. The Bloomberg Terminal made analyzing companies and trends so simple. From key stats and analyst reports to news articles and company filings, we had everything we needed in one place.”

“Students across the globe have a unique opportunity to engage in real-world, experiential learning through the Global Trading Challenge,” said Emily Perrucci, Bloomberg Global Head of User Support. “Each year, the number of participating students and universities continues to grow and the competition gets steeper, creating an environment where students can sharpen their skills and stress test their investment theses among global participants. At Bloomberg, we are proud to be an innovative ed-tech leader and continue paving the way for the next generation of talent for the financial services industry.”

In addition to the challenge, Bloomberg offers access to a selection of certification courses, including the following: Bloomberg Market Concepts (BMC), Environmental Social Governance (ESG), and a newly launched course Bloomberg Finance Fundamentals (BFF). These courses provide self-paced modules that deliver guidance on how to navigate financial markets.

“The most helpful resource provided to us was the Bloomberg Market Concepts course,” said the winning team. “Not only did it help build our foundation of knowledge as beginners to financial markets, but the learning material also allowed us to earn our BMC certification to demonstrate our proficiency and understanding of core market principles. We think the modules did a great job laying out the essential concepts in an easy-to-follow and digestible way.”

“I am so proud of my team for winning this challenge in a fierce competition against over 2000 participating teams. It is an outstanding achievement that is a testament to the students’ hard work, commitment, and passion for finance,” said Dr. Maxime Thibault B. Couvert, Assistant Professor of Investments and Portfolio Analysis at the University of Hong Kong. “It is essential for our students to learn how to retrieve financial data from Bloomberg Terminals as it prepares them for their future career in the finance industry. The Bloomberg Lab at the University of Hong Kong is frequented by both researchers and students eager to gain real-world skills to become the next generation of financial professionals.”

For more information on Bloomberg for Education, click here.

About Bloomberg for Education
Bloomberg for Education offers a suite of education technology products and services that immerse learners directly into the financial markets and provide research and analytics across multiple industries. Universities around the globe use Bloomberg to bring the real world of finance into the classroom, providing students with access to the same information platform used by leading decision makers in business, finance and government. For more information, visit: https://www.bloomberg.com/professional/product/education/

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 https://www.bloomberg.com/company or request a demo.

Media contact
US, Natanae Williams, nwilliams143@bloomberg.net, +1-646-324-3149

As part of our ongoing initiative to give back to the communities where we live and work, DraftKings S.E.R.V.E.S (Service, Equity, Responsibility, Vitality, Environment, Sports) is proud to share the recent success of our employee volunteer tree planting projects.

Together with the Arbor Day Foundation, our team was able to make a substantial impact on important real-world issues like biodiversity, mitigating against pollution, improving water quality and increasing tree canopies to support community development. Trees play a vital role in creating healthier, safer, and more connected communities, and we’re proud of the impact that our employees have made in communities around the world.

Through our multi-year commitment with the Arbor Day Foundation, DraftKings has planted over 1 million trees around the world through large-scale reforestation planting, resulting in nearly 3,500 acres restored. This September we embarked on a journey to bring our employees together for this initiative and over the course of 10 weeks, 250 DraftKings employees came together across seven cities around the world to plant over 750 trees. These events have allowed our employees to connect with their colleagues outside of the office, while supporting the creation of a greener and more sustainable future for the communities where we live and work.

Learn more about the Arbor Foundation here: https://lnkd.in/gXRsEAPH

Brandon B. Buhler, SVP and chief accounting officer at Playa Hotels & Resorts, and Melanie Glover, partner in PwC’s ESG Trust Solutions practice, join co-host Steve Soter to discuss assurance and integrated reporting. They navigate the nuances of collaborating with a professional services firm and adopting a robust approach to ESG reporting akin to financial reporting.

Listen Now

Looking for more? Subscribe to the ESG Talk podcast on Apple, Spotify, Google, and YouTube.

Brandon B. Buhler, SVP and chief accounting officer at Playa Hotels & Resorts, and Melanie Glover, partner in PwC’s ESG Trust Solutions practice, join co-host Steve Soter to discuss assurance and integrated reporting. They navigate the nuances of collaborating with a professional services firm and adopting a robust approach to ESG reporting akin to financial reporting.

Listen Now

Looking for more? Subscribe to the ESG Talk podcast on Apple, Spotify, Google, and YouTube.

Originally published by Northwestern Mutual on December 6, 2023

Northwestern Mutual announced that the company earned a 100% for the ninth consecutive year in the Human Rights Campaign Foundation’s (HRC) Corporate Equality Index – a national benchmarking survey that assesses corporate policies and practices related to LGBTQ+ workplace equality.  

“Everyone deserves a work environment where they can show up as themselves, and at Northwestern Mutual we are committed to fostering that space where people feel welcome and valued,” said Amy Hanneman, vice president of diversity and inclusion. “We are honored to have earned another 100 on this survey as it acknowledges the meaningful work we have put in to build a truly diverse and inclusive workplace community.”  

Northwestern Mutual’s score earns the company the HRC’s designation of Equality 100. This year’s report rated over 1,300 participants evaluating LGBTQ+-related policies and practices including non-discrimination policies across business entities, equitable benefits for LGBTQ+ workers and their families, supporting an inclusive culture and corporate responsibility.   

Northwestern Mutual has also been recognized with numerous workplace awards – including several that demonstrate the company’s commitment to driving greater diversity, equity and inclusion:  

Forbes‘ Best Employers for Diversity (2018 – 2023)Five consecutive perfect scores on the Disability Equality Index (2019-2023)Forbes‘ America’s Best Large Employers (2023)Top 50 “Best-of-the-Best” Corporations for Inclusion, National Business Inclusion (2022-2023)Eight Employee Resource Groups Ranked Top 25 Nationwide, Association of ERGs and Councils (2021 – 2022)Military Friendly® Employer (2020-2023)

To learn more about Northwestern Mutual’s workplace accolades, please visit https://news.northwesternmutual.com/awards-and-recognition. For further information on the CEI, visit www.hrc.org/cei. 

About Human Rights Campaign Foundation
The Human Rights Campaign Foundation is the educational arm of America’s largest civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer people. HRC envisions a world where LGBTQ+ people are embraced as full members of society at home, at work and in every community.

About Northwestern Mutual  
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $558 billion of total assets being managed across the company’s institutional portfolio as well as retail investment client portfolios, nearly $35 billion in revenues, and $2.2 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 111 on the 2023 FORTUNE 500. 

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services. 

Originally published by Northwestern Mutual on December 6, 2023

Northwestern Mutual announced that the company earned a 100% for the ninth consecutive year in the Human Rights Campaign Foundation’s (HRC) Corporate Equality Index – a national benchmarking survey that assesses corporate policies and practices related to LGBTQ+ workplace equality.  

“Everyone deserves a work environment where they can show up as themselves, and at Northwestern Mutual we are committed to fostering that space where people feel welcome and valued,” said Amy Hanneman, vice president of diversity and inclusion. “We are honored to have earned another 100 on this survey as it acknowledges the meaningful work we have put in to build a truly diverse and inclusive workplace community.”  

Northwestern Mutual’s score earns the company the HRC’s designation of Equality 100. This year’s report rated over 1,300 participants evaluating LGBTQ+-related policies and practices including non-discrimination policies across business entities, equitable benefits for LGBTQ+ workers and their families, supporting an inclusive culture and corporate responsibility.   

Northwestern Mutual has also been recognized with numerous workplace awards – including several that demonstrate the company’s commitment to driving greater diversity, equity and inclusion:  

Forbes‘ Best Employers for Diversity (2018 – 2023)Five consecutive perfect scores on the Disability Equality Index (2019-2023)Forbes‘ America’s Best Large Employers (2023)Top 50 “Best-of-the-Best” Corporations for Inclusion, National Business Inclusion (2022-2023)Eight Employee Resource Groups Ranked Top 25 Nationwide, Association of ERGs and Councils (2021 – 2022)Military Friendly® Employer (2020-2023)

To learn more about Northwestern Mutual’s workplace accolades, please visit https://news.northwesternmutual.com/awards-and-recognition. For further information on the CEI, visit www.hrc.org/cei. 

About Human Rights Campaign Foundation
The Human Rights Campaign Foundation is the educational arm of America’s largest civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer people. HRC envisions a world where LGBTQ+ people are embraced as full members of society at home, at work and in every community.

About Northwestern Mutual  
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a comprehensive planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what’s most important. With more than $558 billion of total assets being managed across the company’s institutional portfolio as well as retail investment client portfolios, nearly $35 billion in revenues, and $2.2 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 111 on the 2023 FORTUNE 500. 

Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with “Advisor” in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services. 

The Now for Tomorrow Scholarship, launched in 2021 by the Baker Tilly Foundation, supports students of color with a three-year scholarship of up to $30,000 per student, reflecting the firm’s commitment to empowering the next generation of accounting professionals and advancing equity in the professional services sector.

The Baker Tilly Foundation collaborates with six universities to select Now for Tomorrow Scholars. A student recipient from San Diego State University will be announced in August.

Each scholar is paired with a mentor at Baker Tilly and has the opportunity to complete an internship with the firm. 

Meet this year’s class of Now for Tomorrow Scholars

John Ansu is a senior accounting major at Temple University with plans to start his Master of Accountancy program this fall. Originally from Blue Bell, Pennsylvania, John is an active member of the National Association of Black Accountants (NABA) and serves as a full-time minister within his church. 

He said the scholarship will help him focus on his studies and find more opportunities to expand his professional network. 

“My father suffered an injury that made it difficult to juggle my studies and family responsibilities – this scholarship has lifted the burden of worrying about my finances,” John said.

A junior accounting major from Southlake, Texas, Kristen Nguyen will attain her bachelor’s and master’s degrees in accounting through the University of Texas at Dallas Professional Program in Accounting (PPA). 

She helps low-income households file their tax returns for the Volunteer Income Tax Assistance (VITA) program and is also a member of her school’s Accounting Club. 

“This scholarship frees me from worrying about the costs of my education so I can focus on my future career – it means so much to me,” Kristen said.

Jennifer Roman is a sophomore at the University of Illinois – Urbana Champaign majoring in accountancy and finance. Originally from Wheeling, Illinois, Jennifer serves as the social external chair for the Alpha Kappa Psi business fraternity and participates in the Illinois Investment Banking Academy. 

Her other activities include participating in the Girls Who Invest Summer Intensive Program and working as a student facilitator for the Gies College of Business Early Arrival Program. 

Jennifer credits her mentor, Tax Manager Domonique Anderson, for providing invaluable insights on the CPA career path at Baker Tilly.

“It’s been a pleasure working with Domonique. Her advice will help make me a better professional,” Jennifer said.

Fiza Sukhera is a first-generation college student living in Silver Spring, Maryland, and attending the University of Maryland (UMD) College Park. She plans to attain her bachelor’s degree in information systems and participates in her school’s student government Finance and Audit Committee, the Business and IT Society, International Business Club, Real Estate Club, and the business fraternity Delta Sigma Pi. 

Fiza is currently studying abroad at the American University in Dubai and works as a research assistant at UMD’s Robert H. Smith School of Business. 

“As a first-generation college student, this scholarship supports my dreams of pursuing higher education and is a motivating force to continually strive for excellence,” Fiza said. 

Born and raised in Milwaukee, University of Wisconsin–Milwaukee sophomore Isaac Calderon-Alvarado studies information technology management. 

With the financial burden of school lifted, Isaac said this scholarship allows him to pour his energy into his studies.

“My mentor at Baker Tilly, Senior Consulting Manager Joe Devroy, has been incredibly supportive and enables me to prioritize my schoolwork and professional growth,” Isaac said.

Originally published on U.S. Bank company blog

While attending the University of Nebraska-Lincoln as an engineering student, Tristen Hazlett had a conversation with his brother that would change the trajectory of Hazlett’s life.

“My older brother was at a paramedic school in Minnesota and shared that guessing people’s weight to be able to provide medication made him feel awful,” said Hazlett, who lives in the Twin Cities.

Hazlett recalled his disbelief that a scale did not exist in an ambulance to provide accurate weight information so that paramedics could administer the correct dosage to patients as they were being rushed to the hospital.

“People are just not good at guessing people’s weight,” he said. “When you are helping people in a vulnerable situation, providing accurate doses is paramount.”

That conversation sparked an idea to help solve a problem facing hospital, fire department and third party-affiliated first responders providing emergency medical care around the world.

While attending the University of Nebraska-Lincoln, Hazlett cofounded Hinckley Medical alongside Michael Elsbernd, who serves as the chief operations officer, and Hazlett’s younger brother, Colton, who serves as the chief technology officer.

One of Hinckley Medical’s first forays into the industry was sponsoring Hazlett and his group’s senior design project: the first prototype of a scale for a gurney called the patient weighing system or PWS.

“While that original design didn’t go anywhere, we spent three years in development before getting into any sort of field trial,” said Hazlett, who is the CEO of Hinckley Medical.

Six years later, the scale has been renamed OneWeight and is now assembled in Minnesota, where Hinckley Medical is based. Hinckley is part of the hundreds of Minnesota companies in Medical Alley, a group of healthcare organizations innovating and providing care.

OneWeight is now used by emergency medical service providers in six states. In 2023, Hinckley completed its first round of raising capital to support their growing business.

“There’s a real need to solve and innovate in this space,” Hazlett said. “We’re really trying to be that one-stop shop for cognitive offloading – the use of tools to assist with tasks – for emergency responders. It’s why we’ve developed and just launched a companion app to the scale called OneDose, which will take the patient’s weight from the scale, calculate dosages, and provide medical professionals access to tools and checklists.”

As the business has grown, so has the partnership with U.S. Bank.

Hazlett first opened personal accounts with U.S. Bank while in college because he wanted a bank that had branches in Lincoln and back home in Minnesota. When he and his team founded Hinckley Medical, they opened business accounts with U.S. Bank – ranging from checking to credit cards and lines of credit.

Hinckley’s bankers include Ryan Peterson, a client relationship consultant, and Nathan O’Keefe, a small business banker, who are based down the road from Hinckley Medical’s offices in Lakeville, Minnesota.

“Working with Ryan and Nathan has been great,” Hazlett said. “They and the bank provide that small bank feeling with the benefits of a larger bank. You can trust and rely on their stability.”

Peterson and O’Keefe said they look forward to hearing what’s in store for the Hinckley Medical team and supporting them as they continue to grow.

“At U.S. Bank, we want to make sure that all businesses have the tools they need to grow and build their business,” O’Keefe said. “As a banker, being able to help businesses reach their goals by taking advantage of our products and services is central to who we are. I couldn’t be prouder to be able to walk alongside Tristen and the Hinckley Medical team as they help medical professionals provide care.”

A focus on healthcare

In 2023, U.S. Bank announced its new cross-business initiative to provide healthcare practices with a comprehensive suite of solutions for business owners. In doing so, 50 U.S. Bank bankers will serve small- to mid-sized medical, veterinarian and dental practices as well as physician-owned medical and diagnostic laboratories and outpatient care centers.

This new healthcare initiative builds on the bank’s strong and well-recognized history of service to clients in the healthcare sector, including the expertise of the dedicated healthcare team in its Corporate and Commercial Banking group.

U.S. Bank has been in the healthcare business for more than 100 years, delivering solutions to help clients of all types and sizes meet their financial, operational and investment goals – so they can focus on their core mission of serving patients.