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Planning for ESG reporting, disclosures, and events can be a challenging undertaking. There are countless events and submission deadlines to track, several of which have limited timeframes each year for participation, and the dates are not always easy to track down. Nasdaq’s dedicated ESG team therefore compiled the calendar below as a resource to assist you in organising and resourcing your 2024 ESG plans. Presented in a quarterly format, the calendar identifies key reporting deadlines and release dates for ESG frameworks, standards, rating and ranking questionnaires, and assessments, as well as important ESG events and conferences.

How to Plan Your ESG Year Ahead 

While this calendar reflects the most widely known ESG reporting organisations and events, it will continue to evolve as a reflection of the evolving ESG landscape. With ever more ESG reporting frameworks, ratings, and events coming about, it is important to identify and prioritise those most impactful to your ESG program, as resourcing all of these is unrealistic for most organisations. In evaluating which ratings and rankings in which to participate, for example, identify those most critical to your shareholders and other stakeholders, including employees and customers, and to your brand. Consider opportunities for feedback and benchmarking against your peers. Should you need support with this assessment, our Nasdaq ESG Advisory team is standing by to help you make the most of your ESG disclosures.

Once you have identified your priorities, ensure that you have the right resources and partners in place to help you achieve your goals. For example, while reporting to the Carbon Disclosure Project (CDP) begins in April, it is essential to have the right technology in place for your emissions calculations well in advance of that window. Connecting with our Nasdaq ESG Solutions team will help you understand and begin the data collection and assessment processes needed for your CDP response. Similarly, the Dow Jones Sustainability Index Corporate Sustainability Assessment (CSA) deadline for participation is typically early to mid-summer. Engaging our team and the Nasdaq Metrio platform will ensure you can begin to understand the requirements of the survey and find the right data points and subject matter experts across your organisation in preparation for your submission. Once you are ready to participate, Nasdaq Metrio, our end-to-end sustainability reporting platform, can also streamline the transfer of your data to many of the reporting and rating organisations to minimise duplicative data entry and ensure the accuracy of your responses.

Additional detail on timing may become available and new events may be added, so bookmark this link to leverage our team’s ESG updates throughout 2024.

Download PDF Calendar

Construction underway on 56-unit senior affordable housing development with special accommodations.

MONTGOMERY, Ala., January 24, 2024 /3BL/ – Regions Bank on Thursday announced it has facilitated an equity investment that will expand access to affordable housing for seniors in Montgomery.

Freedom Village is under construction on Edgar D. Nixon Avenue near downtown. Developed by the Community Action Partnership of North Alabama (CAPNA), with consultation and additional services provided by the Bennett Group, Freedom Village will consist of 56 two-bedroom units in a three-story, elevator-serviced building. The development is specifically designed to help meet the housing needs of people aged 55 and over.

Within the development, 44 apartments are reserved for seniors earning 60% or less of the area median income (AMI), and the remaining 12 apartments are reserved for seniors earning 50% AMI or less. Four are specifically set aside for seniors who are homeless or who have a documented disability. Carastar Health, formerly known as the Montgomery Area Mental Health Authority Inc., will provide resident referrals, act as a liaison between residents and the property management, and provide other health and wellness services for tenants.

Regions Bank’s Affordable Housing group facilitated the $13.5 million in federal Low-Income Housing Tax Credit (LIHTC) equity with a large institutional investor to support the development. Since 2016, Regions Affordable Housing has completed six similar transactions with the developer, most recently the Trinity Ridge development, a 56-unit senior housing facility in Phenix City.

Affordable housing provides hope and opportunity. 
Phillip Mullins, Affordable Housing relationship manager for Regions Bank

“Affordable housing provides hope and opportunity. It’s crucial for the success of any community, and it’s another area where Regions Bank can leverage the financial experience and insights of our teams to make a meaningful difference for others,” said Phillip Mullins, Affordable Housing relationship manager for Regions Bank. “Regions Affordable Housing works closely with developers, community leaders and others to provide funding for developments so more people can have a safe and affordable place to call home. At a time when the senior population continues to grow, Freedom Village provides the foundation needed to help seniors through the next stage of life.”

Regions Affordable Housing LLC is a national Low-Income Housing Tax Credit investor, syndication firm, and leader in affordable housing. Regions Bank is one of the nation’s largest participants in affordable housing finance through the LIHTC program, providing comprehensive real estate banking and capital markets services to meet the debt and equity capital needs of developers and investors. Regions Bank is also a Fannie Mae DUS Multifamily Affordable Lender, HUD/FHA Affordable Lender, and Freddie Mac Targeted Affordable Housing lender.

These affordable housing units are a capstone to a master-planned development of this neighborhood, and we are thrilled to have Regions Bank, the City of Montgomery, the Alabama Housing Finance Authority and the Bennett Group as key supporters. 
Aron Boldog, director of Real Estate Development at the Community Action Partnership of North Alabama

“These affordable housing units are a capstone to a master-planned development of this neighborhood, and we are thrilled to have Regions Bank, the City of Montgomery, the Alabama Housing Finance Authority and the Bennett Group as key supporters,” said Aron Boldog, director of Real Estate Development at the Community Action Partnership of North Alabama. “This 56-unit development will complement the existing affordable housing that has already been developed over the last eight years in this neighborhood very nicely. This has been a long time coming, and it feels good to see the master plan being finished out with this beautiful development.”

Robert Birmingham, Montgomery and Central Alabama market executive for Regions Bank, said affordable housing opportunities like Freedom Village reflect how a bank can collaborate with other organizations to produce a shared community benefit.

“At Regions Bank, our mission is to make life better, and we live our mission daily in the transactions our bankers facilitate, as well as our community engagement with organizations meeting a number of needs,” Birmingham said. “Our teams in Montgomery and beyond carry great pride in seeing developments like Freedom Village come together, and we appreciate the Community Action Partnership of North Alabama for leading the way in making another affordable option available for Montgomery residents.”

About Regions Financial Corporation 
Regions Financial Corporation (NYSE:RF), with $154 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

VAUGHAN, Ontario, January 24, 2024 /3BL/ – The Taco Bell Foundation has raised $40,000 for Junior Achievement Canada since the nonprofit organization launched fundraising efforts in Canada last summer. The Taco Bell Foundation’s arrival in the true north signifies a remarkable step toward making a positive impact on the lives of young Canadians and communities internationally. With a commitment to “Live Más,” the Taco Bell Foundation is dedicated to equipping young Canadians with the skills, confidence, resources, and connections they need to succeed in school and beyond.

“Every year, the Taco Bell Foundation provides grants and scholarships aimed to help young people in and around the communities where Taco Bell does business,” said Jennifer Bradbury, Taco Bell Foundation Executive Director. “We are excited to bring our Community Grants program to Canada and provide financial support to deserving organizations like Junior Achievement, helping more young Canadians realize their full potential. Thanks to generous donations from Taco Bell customers and fans, we’re able to give back and inspire the next generation.”

Junior Achievement Canada will be Taco Bell Foundation’s inaugural partner in this endeavor. The Taco Bell Foundation has a longstanding partnership with JA in the United States and with the recently announced launch of the Taco Bell Foundation in Canada, is expanding the partnership with JA providing Canadian youth with valuable skills, knowledge, and experiences that will equip them for the future.

“JA is thrilled to see the Taco Bell Foundation launch its innovative Round Up program in Canada,” said Scott Hillier, CEO, JA Canada. “We admire Taco Bell Foundation’s commitment to break down barriers to educate and inspire the next generation of leaders. Donations to the Taco Bell Foundation will help JA expand access to impactful career-readiness programs for thousands of underserved youth across Canada.”

JA Canada’s mission is to inspire and prepare students with the skillset and mindset to build thriving communities and be successful in the global economy, aligning perfectly with the Taco Bell Foundation’s mission. JA delivers hands-on, immersive learning in entrepreneurship, financial literacy, and work readiness to more than 300,000 students annually.

The Taco Bell Foundation, through its generous $40,000 grant, given to JA Canada, will impact approximately 1,500 students across Canada. Customers and fans of the brand can donate to the Taco Bell Foundation all year long by rounding up their total to the nearest dollar at the front counter and drive-thru at participating locations.

For more information on the Taco Bell Foundation, please visit www.tacobellfoundation.org.

About Taco Bell Foundation:

Taco Bell Foundation, Inc. is a 501(c)(3) public charity that helps break down barriers to educate and inspire the next generation of young leaders. Since 1992, the Taco Bell Foundation has reached more than 5 million young people around the globe and has awarded more than $155 million in grants and scholarships focused on education and career readiness.

For Media Inquiries, Please Contact:

Richard Villagomez – Taco Bell Corp 
Richard.Villagomez@yum.com

About Junior Achievement Canada:

JA Canada is a renowned educational non-profit organization. JA inspires the next generation to realize their potential and make a positive impact in their communities. Through a network of local offices, JA collaborates with educators, volunteers, and organizations across Canada to deliver hands-on, immersive, and digital learning experiences to young people, reaching more than 300,000 annually. JA commits to ensuring accessibility and inclusivity through programs that help youth build transferable skills in work readiness, financial health, and entrepreneurship. www.jacanada.org for more information.

For Media Inquiries, Please Contact:

Angela Scott 
Manager, Marketing and Communications 
JA Canada 
ascott@jacanada.org

SOURCE Taco Bell Canada

Rockwell Automation (NYSE: ROK) has received a score of 100 on the Human Rights Campaign (HRC) Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

This is the 11th consecutive year Rockwell has received this recognition, reflecting the company’s work to align best practices and continually exceed increasingly stringent criteria.

Rockwell joins the ranks of 545 major U.S. businesses who also earned top marks this year. While the benchmarking survey administered by the HRC Foundation rates practices in the U.S., it also asks about global practices to ensure companies are creating an inclusive culture around the world.

Since 2002, the HRC Foundation has published the CEI report based largely on the annual CEI survey administered to hundreds of major global employers. This year’s survey engaged more than 1,300 businesses, indicating an increase in the successful implementation of inclusion best practices in the U.S. Read the full HRC report for findings and criteria, including workplace protections, inclusive benefits, support for an inclusive culture, and corporate social responsibility.

Learn more about Rockwell’s workplace culture in the company’s 2023 Sustainability Report.

CLEVELAND, January 24, 2024 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) provided a $34.3 million in construction and permanent financing through the HUD 221(d)(4) Mortgage Insurance program to facilitate the substantial rehabilitation of six low-income apartment buildings in the South Shore of Chicago. The 6900 Crandon Apartments provides 151 units for elderly and disabled residents subsidized under a project -based Section 8 contract. The remaining five apartment building provide 126 units for families.

The sponsor for the South Shore apartments is Evergreen Real Estate Group (Evergreen), a fully integrated real estate company that develops, acquires, and manages affordable and market-rate multifamily communities across 12 states. The properties are owned by a LIHTC partnership created by the Housing and Human Development Corporation (HHDC), a non-profit public housing facility in Chicago, whose mission is to promote affordable housing and provide services to low-income residents and families.

The project also received LIHTC and tax-exempt bond allocations from Illinois Housing Development Authority (IHDA). KeyBanc Capital Markets served as the sole manager and underwriter for the $55.1 million bonds.

The funds will be used to improve tenant quality of life and sustainability of the apartments over the long term. Improvements include new cabinets, countertops, flooring, energy efficient appliances and fixtures for resident units as well as elevator modernization, upgrades to mechanical, electrical and plumbing systems and replacement of existing roofs, masonry and exterior repairs

HHDC serves as the owner/operation and will provide on-site social service coordinators (2.5 FTE) to connect residents to a variety of community based social service providers and assist residents in determining eligibility for various government services including health care and health care education, financial literacy and computer literacy, childcare, youth activities, nutritional services, disability services, tenant home ownership training and parenting programs.

Leslie Meyers and Robbie Lynn of KeyBank CDLI structured the HUD 221 (d)(4) financing, and Sam Adams of KeyBanc Capital Markets marketed the bonds.

About KeyBank Community Development Lending and Investment

KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low-Income Housing Tax Credit (LIHTC) financing. KeyBank has earned 10 consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.

About KeyBanc Capital Markets

KeyBanc Capital Markets is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail, Diversified Industries, Healthcare, Industrial, Oil & Gas, Real Estate, Utilities, Power & Renewables, and Technology verticals. With over 800 professionals across a national platform, KeyBanc Capital Markets has more than $50 billion of capital committed to clients and an award-winning Equity Research team that provides coverage on nearly 600 publicly traded companies. Securities products and services are offered by KeyBanc Capital Markets Inc., member FINRA/SIPC, and its licensed securities representatives, who may also be employees of KeyBank N.A. Banking products and services, are offered by KeyBank N.A.

About KeyCorp

KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $188 billion at September 30, 2023. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank is Member FDIC.

January 24, 2024 /3BL/ – In the wake of the landmark agreement at COP28 last December aimed at curtailing global emissions, the spotlight has shifted to a critical yet often overlooked aspect of our fight against climate change: the sourcing of clean materials.

Leading this charge is Sustana, an industry- leading producer of quality fiber-based products and services. In a significant step in the company’s evolution as a clean materials enterprise, Sustana is rebranding to consolidate its various business units under a single, united Sustana brand.

“A more sustainable future isn’t possible unless materials adopt more eco-friendly practices” Aaron Ling, Director of Sustainability for Sustana, tells Sustainable Brands. “This rebranding allows us to best showcase how it’s possible to produce high-quality, fiber-based products while minimizing waste, preserving natural resources, and protecting biodiversity.”

Clean materials, which are integral to everyday products, are at the heart of a burgeoning demand for sustainability, both from consumers and regulators alike. This demand is reshaping how brands approach production, veering away from linear, resource-intensive methods that have long been the norm.

Yet, despite the growing understanding of sustainability’s importance, a significant gap remains in its implementation. A recent Bain study highlights this chasm, revealing that sustainability initiatives only have a 4% success rate globally.

One of the main barriers to achieving sustainability goals is inadequate infrastructure for recycling and waste management. This challenge is compounded by the widespread misunderstanding and apprehension about recycling and the use of recycled materials.

A Clean Materials Revolution

Addressing these issues requires more than a mere course correction; it necessitates a paradigm shift towards clean materials and innovative methodologies.

Sustana’s approach to spearheading the clean materials movement is fourfold:

Waste Prevention: Central to Sustana’s philosophy is the prevention of waste at every stage. By incentivizing product redesign, the company aims to keep materials out of landfills and toxins out of the air. Leveraging sustainable recovered fiber, Sustana minimizes the need for sourcing new wood fiber, thereby reducing environmental impact.Clean Materials & Methods: The company focuses on using materials and methods that have the least environmental impact. This involves using recovered fiber-based products and recycling them into new fiber, thus minimizing the strain on biodiversity and natural resources.Expanded Material Life: Embracing the principles of a circular economy, Sustana aims to extend the life cycle of products from recovery to fiber to paper production. This approach is bolstered by conducting Life Cycle Assessments (LCAs) to manage the environmental footprint of their products and updating LCA metrics to stay at the forefront of sustainability.Easier & More Effective Recycling: Recognizing the importance of recycling, Sustana is committed to making this process easier and more effective. By introducing recyclable products and supporting legislation like extended producer responsibility, the company aims to drive investment in collection and recycling infrastructure.

A New Chapter in Sustainability

Sustana’s mission transcends traditional business goals. As a leader in the production of quality fiber-based products, Sustana is tackling sustainability barriers head-on. The company’s approach involves partnering with consumers and other businesses to foster an internal shift towards sustainability.

Sustana’s invitation to customers and consumers is clear: join the movement towards a clean materials future. This includes using recycled fiber to reduce landfill waste and air pollution, transforming waste into valuable resources, and simplifying recycling processes to extend product lifespans.

Through its commitment to innovation and collaboration, Sustana aims to demonstrate that high-quality, fiber-based materials can be produced in an environmentally responsible manner, minimizing waste and preserving natural resources.

The rebranding signifies not just a new chapter for the company, but a reaffirmation of its dedication to sustainability and innovation. It positions Sustana as a comprehensive solution provider, meeting customer needs from the sourcing of clean materials to the production of finished goods and recycling processes, thus establishing itself as a pivotal player in the clean materials movement.

Media Contact
Sabiha Nur

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January 24, 2024 /3BL/ – ITPEnergised is a UK headquartered consultancy with a strong focus on the renewables sector. They have over 100 team members located across the UK and overseas.

ITPEnergised brings specialist technical advisory services targeting the high-growth renewable energy, corporate, industrial, property and urban regeneration sectors. They have market leading capability in those sectors, covering feasibility, development, construction, operation, repowering and decommissioning and a unique capability in power systems design and optimisation, cable engineering and grid connection.

Their team also provides regulatory and social-impact advice to corporate and financial sector clients evaluating, developing and implementing tailored strategies for ESG, Net Zero, sustainability and decarbonisation, including a Net Zero Accelerator® digital platform which includes tools to evaluate investments in a range of low carbon technologies to accelerate the Net Zero transition.

Bradley Andrews, SLR’s CEO, said “I am thrilled to welcome the ITPEnergised team to SLR. Their passion in supporting the transition to a decarbonised world resonates strongly with our team. SLR and ITPEnergised have worked closely together on renewables projects and together we will become one of the largest consultancies serving the global renewables market. This further demonstrates the commitment we are making to Making Sustainability Happen for our clients and broader society.”

Jonny Clark, Managing Director of ITPEnergised added “We are excited to be joining SLR and collaborating with like-minded colleagues around the world. Our ambition has been to deliver the transition to Net Zero and decarbonised economies and through the combination of ITPEnergised and SLR’s talented technical and advisory teams, and further evolving our digital expertise, we have the right partnership to support our clients, to accelerate meeting that ambition.” 

Alan Edwards, SLR’s European Managing Director, said “The skills and experience the ITPEnergised team bring in delivering technical solutions to achieve Net Zero will build upon SLR’s existing capabilities and bring new skills in power networks. We have long admired ITPEnergised and our teams have enjoyed working together on some of the most significant UK renewables projects. I am really pleased to welcome ITPEnergised to the SLR family.” 

 

Please visit ITPEnergised for more details on their services, client experience, team and capabilities.

 

For further information please contact: Laura Hoynes, Marketing & Communications Manager (Europe), lhoynes@slrconsulting.com.

 

– Ends –

 

About SLR

SLR is a global leader in sustainability solutions, with a team of 3,000+ talented professionals operating from a network of offices in Europe, the Americas, Asia-Pacific and Africa.

With the purpose of ‘Making Sustainability Happen’, SLR’s ‘One Team’ of environmental and business consultants, engineers and scientists partner with clients throughout their project life-cycle, from strategy and design, through compliance and operations, to end-of-life and remediation.

Working on diverse and challenging projects, SLR specialises in the built environment, finance, industry, infrastructure, mining & minerals, and power & renewables sectors. Operating across more than 45 technical disciplines, SLR staff help a growing base of business, regulatory and government clients navigate the ever-shifting context of sustainable business.

Strategically planted trees help improve power reliability, conserve energy and maximize environmental benefitsNearly 12,000 free trees distributed since 2017 through collaboration with the Arbor Day Foundation

ST. PETERSBURG, Fla., January 24, 2024 /3BL/ – In honor of Florida Arbor Day, Duke Energy Florida is collaborating with the Arbor Day Foundation’s Energy-Saving Trees program to give away 900 trees to Florida customers.

Starting on Florida Arbor Day, Jan. 19, Duke Energy customers can request a free tree online at arborday.org/dukeenergy, until all trees are distributed.

The 1-gallon trees are shipped directly to customers’ homes with planting and care instructions. They are expected to be delivered in time for National Arbor Day, April 26, 2024. Tree species available for free include the sweetbay magnolia, bald cypress and crape myrtle (pink).

Duke Energy Florida is donating $50,000 to the Arbor Day Foundation to purchase and distribute the trees through its Energy-Saving Trees program.

“Year after year, we work alongside the Arbor Day Foundation to help Florida customers understand the importance of how planting the right tree in the right place can help conserve energy, improve reliability and provide environmental benefits to our communities,” said Melissa Seixas, Duke Energy Florida state president.

“As your utility provider, it’s important we maintain trees and other vegetation along our lines to continue delivering the reliable service our customers and communities depend on,” said Seixas. “This collaboration helps us do that while keeping the environment healthy and beautiful.”

The Arbor Day Foundation’s Energy-Saving Trees and Tree Line USA programs demonstrate how trees and utilities can coexist for the benefit of communities and citizens by highlighting best management practices in public and private utility arboriculture. Duke Energy Florida has been recognized for its tree management practices for 18 consecutive years.

For information about planning and planting vegetation around electrical facilities, please visit Duke Energy’s Right Tree Right Place website.

Duke Energy Florida

Duke Energy Florida, a subsidiary of Duke Energy, owns 10,500 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 27,600 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company has interim carbon emission targets of at least 50% reduction from electric generation by 2030, 50% for Scope 2 and certain Scope 3 upstream and downstream emissions by 2035, and 80% from electric generation by 2040. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Duke Energy was named to Fortune’s 2023 “World’s Most Admired Companies” list and Forbes’ “World’s Best Employers” list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy’s illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.

Media contact: Audrey Stasko 
Media line: 800.559.3853 
Twitter: @DE_AudreyS

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By Patricia Cobe

Originally published by Patricia Cobe on Restaurant Business Magazine

Neil Doherty’s official job title at Sysco is senior director of global culinary development, but it wouldn’t be wrong to call him “chief problem solver” for the broadline distributor.

He works along with the 87 chefs Sysco employs at 32 test kitchen sites around the country to help operators in every segment source products to meet back-of-house challenges. Right now, the biggest challenge is labor. Kitchens in restaurants, colleges, healthcare and other segments are still understaffed or short of skilled workers.

Listen to the podcast here.

Continue reading here

Originally published in the SEE Impact Report 2022

SEE is implementing measures to increase energy efficiency and renewable energy sources across our value chain. Within its operations, SEE measures electricity, natural gas, diesel, propane, gasoline, and waste-to-energy converted to megawatt hour (MWh). In 2022, SEE operations consumed 1,319,366,159 kilowatt-hour (kWh) energy, equating to 4,749,718 gigajoules (GJ). The breakdown was 50% grid electricity and 16% renewable electricity with 33% energy from other sources (natural gas, propane, scrap plastic, diesel, and fleet fuel).

Our goal is to achieve energy-intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. Intensity is calculated by dividing total megawatt hours by net trade sales. To normalize foreign exchange rates, net trade sales are adjusted to 2019 foreign exchange rates, except for one currency that has been designated as highly inflationary under U.S. GAAP and uses 2021 foreign exchange rates.

Energy Intensity

2022: 0.227 kWh/USD

2021: 0.249 kWh/USD

2020: 0.273 kWh/USD

2019: 0.277 kWh/USD

In 2022, SEE achieved a 18.1% reduction in energy intensity from a 2019 base year, achieving the objective three years ahead of schedule.

Diverting Waste

SEE manages and contributes to the reduction of waste across the value chain and product life cycle to minimize environmental pollution. This includes addressing SEE’s own operational and manufacturing waste, as well as retailer and post-consumer waste, through increased resource efficiency, recycling, product offerings, advocacy, partnerships, communication, and education.

We aim to achieve diversion of manufacturing waste from landfill and external incineration of 85% by 2025 and 100% by 2030. Manufacturing waste is from production of the company’s materials, including scrap, and is measured by weight.

SEE diverted 67.7% of waste from landfill and external incineration in 2022. Several key initiatives are ongoing with new projects underway to achieve our waste objectives.

Conserving Water

SEE is managing water across our value chain in terms of quantity and quality, including operational consumption, effluent mitigation, wastewater treatment, and water scarcity considerations.

Protecting and conserving natural resources such as water is a priority. The products SEE manufactures do not contain water, so direct use of water is limited. The primary use of water in direct operations is either for heat transfer in manufacturing equipment or for quenching the molten polymer during the film extrusion process. These operations must use water of a reasonable quality, but it does not need to be potable.

In isolated cases where there was a temporary issue with the availability of potable water, we were able to successfully use recycled water from local waste treatment plants. Since it is not critical that we use potable water in order to manufacture our products, we have determined that the availability of fresh water is not important to our direct operations. At SEE’s facility in Toluca, Mexico, we have continued to make upgrades to the water purification system and are close to being able to recycle 100% of the facility’s process and wastewater.

Absolute Water Use

2022: 1,532,643 cubic meters

2021: 1,597,933 cubic meters

2020: 1,595,017 cubic meters

2019: 1,605,259 cubic meters

Absolute water use in 2022 was down 72,616 cubic meters (4.5%) from 2019.

SEE’s goal is to achieve water intensity reductions of 17% by 2025 and 28% by 2030 from a 2019 base year. Intensity is calculated by dividing total cubic meters by net trade sales. SEE achieved a 22.4% reduction in water intensity from a 2019 base year—achieving the water intensity target three years ahead of schedule.

SEE discloses its water security impacts through CDP, a global nonprofit that runs the leading environmental disclosure platform. In 2021 and 2022, SEE received a score of B from CDP for its water security efforts.

Water Intensity Data

2022: 0.264 liters/USD

2021: 0.290 liters/USD

2020: 0.32 liters/USD

2019: 0.34 liters/USD

To normalize foreign exchange rates, net trade sales are adjusted to 2019 foreign exchange rates, except for one currency that has been designated as highly inflationary under U.S. GAAP and continues to utilize 2021 foreign exchange rates.

Read the full SEE Impact Report 2022