Tag: 3BL

Originally published on 3M News Center

ST. PAUL, Minn., January 11, 2024 /3BL/ – 3M Health Care’s Medical Solutions Division, the world leader in advanced wound care, was awarded $34.2 million from the U.S. Army Medical Research Acquisition Activity to develop a range of new solutions for infection prevention, wound management and wound healing. 3M will lead a program focused on treatment strategies that can be used in austere settings, especially those related to mass casualty and delayed evacuation situations — a critical objective of the Department of Defense Combat Casualty Care Capability Assessment. In addition, the program will work to assess biofilm control, biomarker monitoring and healing in acute trauma situations such as blasts, burns, and gunshot wounds that occur in civilian and military settings.

3M will collaborate with the University of Minnesota Medical School, the 59th Medical Wing Science & Technology Office of the Chief Scientist (59MDW/ST, lead military partner), Naval Medical Research Unit-San Antonio (NAMRU-SA) and The University of Texas Health Science Center at San Antonio (UT Health San Antonio) in this program. The awarded funding will support four separate product solutions, with studies that range from prototype and formulation development to completion of two clinical studies to be used for product registration.

“Successful treatment of acute, traumatic wounds requires a continuum of care that begins with easy-to-use dressings and effective infection prevention that can be applied at the point of injury, continues with portable solutions for transport, and transitions to more sophisticated solutions in hospital settings suitable for rehabilitation and reintegration of patients,” said Raymond Chiu, senior vice president, research & development, 3M Health Care Business Group. “3M is proud to be working with civilian and military partners to bring these solutions to fruition.”

The planned work involves at least six principal investigators leading studies at three different sites across the United States. Over 125 support personnel will be involved in the research efforts to be performed over the FY 2023 – FY 2027 award period.

Addressing and stabilizing traumatic injuries in the field requires fast, effective and easy-to-use solutions that provide more capability at the point of injury. The novel solutions developed and demonstrated in this program will also be well suited for use in civilian traumatic, burn and chronic wound care.

The U.S. Army Medical Research Acquisition Activity, 808 Schreider Street, Fort Detrick MD 21702-5014 is the awarding and administering acquisition office. In conducting research using animals, the investigator(s) adheres to the laws of the United States and regulations of the Department of Agriculture. This work [is] was supported by the Office of the Assistant Secretary of Defense for Health Affairs, in the amount of $34,191,124, through the Defense Health Agency Expeditionary Medicine Research and Development Program under Award No. HT94252320059. Opinions, interpretations, conclusions and recommendations are those of the author and are not necessarily endorsed by the Department of Defense.

About 3M 
3M (NYSE: MMM) believes science helps create a brighter world for everyone. By unlocking the power of people, ideas and science to reimagine what’s possible, our global team uniquely addresses the opportunities and challenges of our customers, communities, and planet. Learn how we’re working to improve lives and make what’s next at 3M.com/news.

Schneider Electric

In our last blog, we explored what the term Eco-Design actually mean and how it impacts you as a consumer. Here, we’re taking you through the journey that every product at Schneider Electric goes through, and how Eco-Design plays into this.

What does Eco-Design mean to us?

Schneider Electric’s climate commitments are built on a genuine desire for change, with our strategy and actions driven by education, empowerment and insight.

That’s why a number of the principles that underpin Eco-Design have shaped our activity for many years now, with leading energy efficiency credentials and long-life cycles inherent in our approach to design and manufacturing. In the present day, the implementation of Eco-Design is being rolled out across all activities across Schneider Electric at a much larger scale.

Going green

At present, 80% of our products meet the criteria of our Green Premium label – a standard we introduced in 2008 as a method of communicating which individual products could best support homeowners, building managers, architects, distributors, or original equipment manufacturers with their sustainability goals.

As a wider understanding of the importance of sustainability has grown and those requirements have changed, our Green Premium range has adapted to reflect this, while maintaining its core values of:

Trust – We’re trusted by customers to use minimal hazardous substances up to and beyond compliance levelsTransparency – We’re clear and open regarding environmental disclosures and end-of-life instructionPerformance – Prioritising environmental performance in our product development

Examples in Eco-Design

Let’s take a look at how Eco-Design, and our commitment to our Green Premium range, have helped develop our products.

For example, Acti9 Active is the all-in-one protection device which brings together an integrated Arc Fault Detection Device, Residual Current Device and Miniature Circuit Breaker, as well as inbuilt connectivity.

The multi-purpose nature of the product means a reduction in manufacturing and packaging materials, as well as emissions related to transport while delivering a cutting-edge product to customers without any form of compromise.

Broken down, our packaging consists of a minimum of 70% recycled content, made from at least 56% post-consumer recycled plastic content. The end result of this is has resulted in a 14% C02 equivalent saving on the manufacturing of the product.

Eco-Design and net-zero targets

Eco-Design is critical when it comes in making progress to meeting our targets and other environmental commitments. Plus, it also plays an important role in our ability to meet the steadily increasing expectations from customers, partners, and regulators.

Our Net-Zero targets, which have been validated by the Science Based Targets initiative (SBTi), include:

Running carbon-neutral operations in 2025Achieving a 25% absolute carbon reduction across our entire value chain by 2030 and becoming ‘Net-Zero ready’ in our operationsEnd-to-end carbon neutral value chain in 2040Net-Zero CO2 emissions across our entire value chain in 2050

These targets are certainly ambitious, which is why all aspects of our operations are viewed through the prism of lessening our environmental impact while continuing to provide the highest quality service and products to our customers.

Eco-Design will be a key factor in helping us achieve these, with everything from the materials we use for product packaging, to the transportation of our products optimised to avoid damage to the environment.

Building an understanding of Eco-Design

Our Eco-Design principles can only have a true impact when they are understood on an intellectual and emotional level by the teams responsible for implementing them.

To ensure our people are familiar with the importance of Eco-Design and how it fits into our wider sustainability strategy, we are committed to providing helpful, easy-to-access education and having honest, informative communication on the topic.

One key way we’re achieving this is with the upcoming launch of the Eco-Design Training Path campaign, which aims to:

Reinforce and showcase that Eco-Design is a priority for our leadershipHelp people understand our expectations on Eco-Design performance and how this will inform processes going forwardEnable teams to build a base-level understanding of the key principles of Eco-Design

The Eco-Design Training Path will be split into several different levels, allowing multiple roles, departments and audiences to develop their understanding in a way that is relevant and applicable to them.

Moving forward

We are already making great strides when it comes to implementing an Eco-Design philosophy across Schneider Electric and we understand that this is a process that will continue to evolve.

From focusing on the training and education of our people to analysing how we transport our products around the world, we are always looking back at the core principle of Eco-Design – that when we make a design choice, we aim to make the least harmful choice available for the environment with the technologies and innovations we are capable of.

Learn more about homes of the future from Schneider Electric.

DUBAI, United Arab Emirates, & PARIS & NEW YORK, January 11, 2024 /3BL/ – Expo City Dubai, the legacy site of Expo 2020 Dubai and the venue of the recent COP28 climate summit, has partnered with EcoVadis to assess and improve the sustainability performance of its supply chain. The announcement reflects a commitment to best practice in the field of sustainable procurement, as Expo City Dubai continues to serve as a blueprint for sustainable urban living and a people-centric city of the future.

In addition to creating efficiencies for suppliers in the onboarding, assessment, transparency and improvement processes, collaboration across EcoVadis’ global platform unlocks powerful insights and analytics that help network members accelerate on their sustainability journeys. These capabilities enhance visibility across the supply chain’s sustainability performance, resulting in a positive message toward the supplier community and providing clear direction to enable targeted improvement.

Using a holistic ratings methodology, EcoVadis rates companies’ sustainability performance on a scale of 0 to 100. The rating covers 21 sustainability criteria that are grouped into four themes based on international standards: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. With each rating and improvement cycle, they build resilience, enhance value creation, and drive positive impacts for the planet and society.

EcoVadis will provide Expo City Dubai with aggregated performance reports, as well as individual supplier reports (the “Scorecard”). Suppliers will get a clear understanding of their company’s sustainability performance with ratings on each of the four themes, including details of strengths and areas for improvement.

The benefits of the ESG assessment to the suppliers are:

Suppliers compare their company’s sustainability performance against industry and regional benchmarksSuppliers share their company’s sustainability performance with multiple clients through the EcoVadis platformSuppliers take and demonstrate action on improvement areas and collaborate with their clients using the Corrective Action Plan featureSuppliers embark on a continuous improvement journey with annual reassessments of sustainability performance and update their network of the reassessments

“Given the broad range and scope of infrastructure and services offered by Expo City Dubai, they have a tremendous opportunity to drive positive change by engaging their value chain partners through sustainable procurement and set an example for the MENA region. We are glad to be supporting them in assessing and improving supplier practices and outcomes across all the industries they touch – from hospitality, to construction, to transportation, and beyond.” said Richard Eyram, CCO of Ecovadis.

”At Expo City Dubai, we embrace sustainable best practice and believe in creating value for all stakeholders including customers, suppliers, employees, and the broader community. Partnering with EcoVadis will help us to better integrate sustainability into our partners selection decision-making process and in implementing our Sustainable Procurement strategy more broadly.” said Anis Tabka, Senior Vice President – Procurement and Contracts, Expo City Dubai.

Matt Brown, Chief Sustainability Officer, Expo City Dubai, said: “Expo City Dubai is committed to maximising its social, environmental, and economic impact, and we continue to work along the length of our supply chain to ensure sustainable best practice is adhered to. The agreement with EcoVadis is an important step in our roadmap towards achieving net zero by 2050 and a strong example of the purposeful efforts we are making to address climate change and other sustainability challenges.”

About Expo City Dubai

An inclusive, innovation-driven, people-centric city of the future and one of five hubs on the Dubai 2040 Urban Master Plan, Expo City Dubai is committed to maximising its positive social, environmental and economic impact.

The legacy of Expo 2020 Dubai, Expo City Dubai connects businesses, government, organisations, educational institutions, residents and visitors, working together to drive progress and create a better, more equitable, more sustainable future for all.

Discover Expo City Dubai | The Human-centric City of the Future

Press Contact: Anis Tabka, Senior Vice President- Procurement and Contracts

About EcoVadis: EcoVadis is a purpose-driven company whose mission is to provide the world’s most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis to comply with ESG regulations, reduce scope 3 emissions, monitor and improve the sustainability performance of their business and trading partners. Its expert intelligence, evidence-based ratings, actionable scorecards and benchmarks guide an improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries. Industry leaders such as Johnson & Johnson, L’Oréal, Unilever, LVMH, Bridgestone, BASF and JPMorgan are among the 125,000 businesses that collaborate with EcoVadis to drive resilience, sustainable growth and positive impact worldwide. Learn more on ecovadis.com, Twitter or LinkedIn. For solution information, contact : Antoine Martin-Regniault, Regional lead for MEA, amartinregniault@ecovadis.com

Press contact for EcoVadis: Corporate Ink

617-969-9192, ecovadis@corporateink.com

Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.

JOHANNESBURG, January 11, 2024 /3BL/ – Qualcomm Incorporated announced the launch of L2Pro Africa IP e-learning Platform, a free online training program designed to empower startups, SMEs, and researchers in Africa to protect, secure, and maximize their innovations. This program has been created in collaboration with Adams and Adams, Africa’s leading intellectual property (IP) law firm.

The L2ProAfrica platform will provide comprehensive training on intellectual property fundamentals, including patents, copyrights, trademarks, and IP integration into business models. The program draws from globally applicable IP principles developed by IP law experts for L2ProIndia and The Inventor’s Patent Academy in the US. Both courses have been authored by IP law professors and EDI experts who have made this complex topic accessible and useable by inventors.

“In Africa, where innovation and creativity are abundant, the level of patenting remains significantly lower than in other regions.”, said Sudeepto Roy, VP, Engineering, Qualcomm Incorporated, and the lead of Qualcomm’s Africa Innovation Platform initiative. “With only miniscule percentage of global patents filed in Africa, we are missing out on the immense economic potential that the continent’s ingenuity holds. This new free online training program, L2ProAfrica, is a critical step towards empowering African inventors with the knowledge and tools they need to protect their ideas and bring their inventions to life. We have seen at first hand, the impact of similar programs in Europe, US and in India, and are confident that by nurturing a culture of intellectual property protection, we can foster economic growth, create jobs, and transform Africa into a global hub of innovation.”

A crucial part of the course, authored by attorneys at Adams and Adams, focuses on individual filing procedures for patents, industrial designs and trademarks in the countries of Kenya, Nigeria, Uganda, Ghana, Rwanda and within the two African patent organisations, ARIPO and OAPI. These step-by-step descriptions of per-country filing requirements empower inventors to interact effectively with IP professionals such as a IP attorneys and their respective IP offices.

Adams & Adams, is a renowned expert in IP law, comprising of a team of seasoned professionals with extensive experience in drafting, prosecuting, and managing patents, trademarks and designs. The firm’s commitment to promoting patent education and empowering inventors is evident in its numerous initiatives, including workshops, seminars, and publications designed to demystify the patenting process and encourage innovation across the continent. Adams & Adams’ expertise and dedication to fostering a thriving IP ecosystem make it an invaluable partner in this collaborative effort to enhance patent education and empower African innovators.

“We are excited to partner with Qualcomm in the L2ProAfrica program to increase awareness about the important role of IP and to improve access to the IP systems on the continent. As a result of our extensive expertise and experience in securing and protecting IP across Africa, we are able to share our knowledge on navigating the various IP systems and provide support to start ups and innovators, who make a valuable contribution to economic development of the continent. Our involvement in the program demonstrates our ongoing commitment to strengthening the IP ecosystem and realising Africa’s abundant potential,” said Nicky Garnett, Partner, Adams & Adams.

The launch of L2ProAfrica complements Qualcomm’s commitment to democratizing knowledge about IP systems and empower aspiring innovators of all backgrounds worldwide. Qualcomm has implemented similar programs in other countries and regions, including L2Pro in Germany, the United Kingdom, Italy, France, and L2ProIndia (in collaboration with the Government of India and National Law University), and The Inventor’s Patent Academy in the US (in collaboration with Invent Together, an alliance aimed at ensuring broader access to the patent system and greater diversity among patent holders).

About Qualcomm 
Qualcomm is enabling a world where everyone and everything can be intelligently connected. Our one technology roadmap allows us to efficiently scale the technologies that launched the mobile revolution – including advanced connectivity, high-performance, low-power compute, on-device intelligence and more – to the next generation of connected smart devices across industries. Innovations from Qualcomm and our family of Snapdragon platforms will help enable cloud-edge convergence, transform industries, accelerate the digital economy, and revolutionize how we experience the world, for the greater good.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.

Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated.

ANCHORAGE, Alaska, January 11, 2024 /3BL/ — KeyBank has awarded $90,000 in grants to 10 Alaska-based organizations including the Chugach Heritage Foundation, Native Village of Afognak, United Way of Anchorage and others listed below during the second and third quarter of 2023. The grants will help each organization continue their mission of supporting programs and services for Alaska residents.

Anchorage Community Land Trust invests in commercial corridors because they believe that community wealth building starts with strong, locally owned small businesses.

The Arctic Education Foundation (AEF) is a private, nonprofit organization committed to providing support and assistance to students pursuing higher education.

The Chugach Heritage Foundation is a nonprofit that provides scholarships to Chugach Alaska Corporation Original Shareholders and Lineal Descendants and works to utilize, preserve and promote the cultural heritage of the Chugach region.

The Copper Mountain Foundation supports cultural preservation, education and career advancement for the well-being of the Native Village of Tatitlek.

The Fairbanks Resource Agency is a nonprofit corporation dedicated to assuring that Interior Alaskans with disabilities and their families have equal opportunity to be fully included in the community where education, employment, housing, recreation and family services are available in the same places, at the same times, and with the same respect afforded any member of the community.

Habitat for Humanity Anchorage believes in a future Anchorage that has broad and diverse community engagement committed to the elimination of substandard housing and the availability of safe, decent and affordable places to live for all neighbors.

The Native Village of Afognak’s mission is to embrace, protect, develop and enhance Alutiiq culture; protect their traditional use areas; and encourage unity among the Alutiiq of the Kodiak Archipelago.

The Seward Association for the Advancement of Marine Science/Alaska SeaLife Center generates and shares scientific knowledge to promote understanding and stewardship of Alaska’s marine ecosystems.

The Tanana Chief Conference (TCC) is an Alaska Native non-profit corporation, also organized as Dena’ Nena’ Henash or “Our Land Speaks.” They work towards meeting the health and social service needs of Tribal members and beneficiaries throughout the region.

The United Way of Anchorage unites caring people to give, volunteer and take action to remove barriers to opportunity and solve the community’s toughest challenges.

“Our goal at KeyBank is to establish and support safe, healthy, affordable and inclusive communities,” said Lori McCaffrey, KeyBank’s Alaska market president. “KeyBank is proud to award grants to these organizations for the work they do daily in support of Alaska residents in need.”

Learn more about KeyBank’s commitment to helping clients and communities thrive.

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.

Originally published on Aflac Newsroom |En Espanol

COLUMBUS, Ga., January 11, 2024 /3BL/ – Aflac Incorporated, a leading provider of supplemental health insurance and products in the U.S., has released its 13th annual Aflac WorkForces Report shedding light on the critical issues of burnout and financial challenges that affect the American workplace. The Aflac WorkForces Report reveals that employers across various U.S. industries and regions are grappling with meeting their employees’ health care benefits needs, placing employee satisfaction, well-being and retention at risk.

The 2023-2024 Aflac WorkForces Report has been tracking the state of the American workplace, capturing trends, attitudes, needs and experiences in health care and benefits administration among both employees and employers. In particular, the report provides essential insights into the Hispanic community.

Burnout among Hispanic workers

The nationally representative survey underscores employees’ concerns about mental health, highlighting an alarming trend in burnout among Hispanic workers, with a staggering 66% of Hispanic workers reporting that they cannot go more than a month without a paycheck. In contrast, this figure stands at 51% for non-Hispanic workers.

Support systems for unexpected medical expenses 

Hispanic workers demonstrate a higher reliance on support systems when confronted with unforeseen medical costs. A notable 29% turn to family or friends for assistance, as opposed to 24% of non-Hispanic workers, and 26% seek additional employment for supplemental income, a significant increase compared to 18% among non-Hispanic workers. This heightened reliance on support systems is a response to the alarming reality that 54% of Hispanic employees report high levels of anxiety about health care costs surpassing their insurance coverage, emphasizing the urgent need for accessible solutions.

Financial resilience in the Hispanic community

Hispanic workers are less likely than their non-Hispanic counterparts to be able to draw from a checking or savings account to cover unexpected medical expenses (43% vs. 53%). Additionally, 57% of Hispanic workers cannot afford $1,000 in out-of-pocket expenses compared to 50% of all employees surveyed.

“Our commitment to the Hispanic community goes beyond bridging gaps and breaking language barriers. It’s about empowering individuals to take charge of their health, and this includes addressing the alarming statistics revealed in the Aflac WorkForces Report,” said Ines Rodriguez Gutzmer, senior vice president, Aflac. “We are driven to spread the critical message of early detection and regular screenings — cornerstones of a healthy, thriving community — and to raise awareness of available resources that can help protect one’s finances at a time they should be focused on their wellness.”

Supplemental insurance helps provide financial security and boosts recruitment, retention

Supplemental benefits that help directly address employees’ anxieties about the future can be a compelling solution. According to the survey, more than half of all employees express a high degree of interest in purchasing supplemental health insurance that helps cover serious illnesses or conditions — if they have family history. This interest is higher among Hispanic workers (62%), compared to their non-Hispanic counterparts (50%).

The 2023-2024 Aflac WorkForces Report highlights the important role benefits programs play in employees’ well-being and satisfaction. For instance, supplemental insurance remains a core component of a comprehensive benefits package.

According to the survey, the majority of Hispanic employees (90%) who have supplemental insurance say those benefits provide an added layer of financial security, yet only 39% of employers indicate that they offer supplemental insurance options to their employees. Of employers who offer supplemental insurance to their employees, 80% believe these benefits help with recruitment, and 82% say they help with retention.

Additional survey findings, demographic information, workplace trends and more can be found in the 2023-2024 Aflac WorkForces Report at Aflac.com/AWR. For more information on Aflac’s ongoing commitment to the Hispanic community, visit Aflac.com/Español.

ABOUT THE 2023-2024 AFLAC WORKFORCES REPORT

The 2023-2024 Aflac WorkForces Report, conducted by Kantar on behalf of Aflac, is the 13th annual study examining benefits trends, attitudes and use of employee benefits in the U.S. workforce in various industries and business sizes. The employer survey took place online June 2-25, 2023, and the employee survey took place online June 2-27, 2023. Throughout this report, some percentages may not add up to 100% due to rounding of some responses. The surveys captured responses from 1,201 employers and 2,000 employees across the United States. For more information, visit Aflac.com/AWR.

ABOUT AFLAC INCORPORATED 
Aflac Incorporated (NYSE: AFL), a Fortune 500 company, has helped provide financial protection and peace of mind for more than 68 years to millions of policyholders and customers through its subsidiaries in the U.S. and Japan. In the U.S., Aflac is the No. 1 provider of supplemental health insurance products.1 In Japan, Aflac Life Insurance Japan is the leading provider of cancer and medical insurance in terms of policies in force. The company takes pride in being there for its policyholders when they need us most, as well as being included in 2023 in the World’s Most Ethical Companies by Ethisphere for 17 consecutive years, Fortune’s World’s Most Admired Companies for 22 years and Bloomberg’s Gender-Equality Index for the fourth consecutive year. In addition, the company became a signatory of the Principles for Responsible Investment (PRI) in 2021 and has been included in the Dow Jones Sustainability North America Index (2022) for nine years. To find out how to get help with expenses health insurance doesn’t cover, get to know us at aflac.com or aflac.com/espanol. Investors may learn more about Aflac Incorporated and its commitment to corporate social responsibility and sustainability at investors.aflac.com under “Sustainability.”

Media contacts: Darcy Brito, DBrito@aflac.com; Paige Presley, JPresley@aflac.com

Analyst and investor contact: David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com

1 LIMRA 2022 US Supplemental Health Insurance Total Market Report

Aflac | WWHQ | 1932 Wynnton Road | Columbus, GA 31999

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SWORDS, Ireland, January 11, 2024 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research’s America’s Most Trusted® study for 10 consecutive years.

For its America’s Most Trusted study, Lifestory Research surveyed more than 9,000 Americans who were actively shopping for an HVAC system between January and December 2023. Achieving the highest Net Trust Quotient score (116.4) among the most popular HVAC system brands, Trane was also named a 5-star Smart Thermostat Brand for the fourth year in a row with a Net Trust Quotient score of 110.7.

“Trane Technologies continually seeks ways to innovate beyond industry standards, and we take pride in providing the most reliable, best-in-class products and solutions to exceed our customers’ expectations,” said Katie Davis, vice president of engineering and technology, Residential HVAC & Supply, Trane Technologies. “Being named the Top HVAC Brand in America’s Most Trusted® Study for the tenth year in a row motivates us to continue evolving our products and services for our customers and striving for excellence in the HVAC industry.”

Founded over a decade ago, America’s Most Trusted gathers consumer input to assess brand trust. To be considered a top candidate for recognition, a brand must obtain ample survey responses to achieve a 95% confidence level. Additionally, brands must receive a margin of error no higher than 3% for inclusion in the rating results. Once confidence levels are determined, survey results are compared with peer organizations of like size and complexity.

“Trane has received commendable feedback from consumers for the 10th consecutive year,” said Eric Snider, President of Lifestory Research. “When it comes to such an important investment as an HVAC system, brand trust is a crucial deciding factor for consumers.”

Through bold, industry-leading action and innovation, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge to reduce customer emissions by a billion metric tons and its pledge to reach net-zero carbon emissions by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).

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About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

About Trane 
Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

Forward Looking Statements 
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our technological innovations, our sustainability commitments, and the anticipated impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2022, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

SWORDS, Ireland, January 11, 2024 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, is pleased to announce that Trane® has been named the top residential HVAC brand in Lifestory Research’s America’s Most Trusted® study for 10 consecutive years.

For its America’s Most Trusted study, Lifestory Research surveyed more than 9,000 Americans who were actively shopping for an HVAC system between January and December 2023. Achieving the highest Net Trust Quotient score (116.4) among the most popular HVAC system brands, Trane was also named a 5-star Smart Thermostat Brand for the fourth year in a row with a Net Trust Quotient score of 110.7.

“Trane Technologies continually seeks ways to innovate beyond industry standards, and we take pride in providing the most reliable, best-in-class products and solutions to exceed our customers’ expectations,” said Katie Davis, vice president of engineering and technology, Residential HVAC & Supply, Trane Technologies. “Being named the Top HVAC Brand in America’s Most Trusted® Study for the tenth year in a row motivates us to continue evolving our products and services for our customers and striving for excellence in the HVAC industry.”

Founded over a decade ago, America’s Most Trusted gathers consumer input to assess brand trust. To be considered a top candidate for recognition, a brand must obtain ample survey responses to achieve a 95% confidence level. Additionally, brands must receive a margin of error no higher than 3% for inclusion in the rating results. Once confidence levels are determined, survey results are compared with peer organizations of like size and complexity.

“Trane has received commendable feedback from consumers for the 10th consecutive year,” said Eric Snider, President of Lifestory Research. “When it comes to such an important investment as an HVAC system, brand trust is a crucial deciding factor for consumers.”

Through bold, industry-leading action and innovation, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge to reduce customer emissions by a billion metric tons and its pledge to reach net-zero carbon emissions by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).

###

About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

About Trane 
Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

Forward Looking Statements 
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our technological innovations, our sustainability commitments, and the anticipated impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2022, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

Originally published in the Bacardi Cocktail Trends Report

It’s the start of a new year with consumers embracing Dry January — or more like Dry-ish January as trends shows people want choices to partake in alcohol sometimes, lower alcohol on others and non-alc, but elevated, drinks for other moments. 

The Bacardi Cocktail Trends Report 2024 shows a growing popularity in a new approach to moderation – The Sipping Spectrum – where NoLo moments become synonymous with choice, quality, flavor and forging social connections.

The NoLo sector is expanding upward and outward. Mintel predicts the global market is set to grow by 67% to $359M by 2026, far outpacing traditional alcohol’s volume growth. Non-alcoholic offerings may have previously been reserved for moderate months or sober occasions, but consumers are now harnessing a flexitarian approach to their consumption – making the choice that is right for them, whenever and wherever they see fit.

Research from IWSR illustrates this flexible future in action, reporting that approximately one quarter of global consumers plan on drinking more lower or non-alcoholic drinks year round.4

The drive is leading to innovative and elevated offerings in the sector, as drinks brands look to blends, ingredients and processes that signpost the flavor of non-alcoholic serves rather than “free-from.” The MARTINI® Non-Alcoholic Aperitivo range is a key example – providing drinkers with a refresh, rather than a replacement, of the brand’s vermouth. Flavors are exclusive to the non-alcoholic category, with Floreale boasting notes of Roman chamomile and Vibrante displaying delicate citrus aromas – ideal for lowering the alcohol content in classic vermouth cocktails like the Sbagliato and Americano.

Signaling the demand and influence of the category, in 2023 the MARTINI Floreale Non Alcoholic Aperitivo was awarded the Best New Spirit at the Tales of the Cocktail Spirited Awards. This marked the second consecutive win of a non-alcoholic drink in the category and is a sign of acceptance of this sector by the best bartenders in the world.

The Bacardi Global Consumer Survey reveals how consumers are exploring the spectrum of non-alcoholic options, without the rulebook. Despite a slight stagnation in Dry January, consumers are seeking lower alcohol drinks and cocktails all year round, with about one third of younger respondents in France, Germany, Tokyo and Canada – and one quarter of all respondents in the U.S. – looking to drink more of these serves in 2024.

 

““The arrival of generation moderation has transformed cocktail menus. NoLo drinks are now the equal of classic cocktails in looks, quality and taste.”

Marine Rozenfeld
Head of Innovation, Western Europe, Bacardi

Read more about this and other cocktail trends in the 2024 Bacardi Cocktail Trends Report.

 4 ‘DRINKS MARKET ANALYSIS’, ISWR, 2023

Originally published in the Bacardi Cocktail Trends Report

It’s the start of a new year with consumers embracing Dry January — or more like Dry-ish January as trends shows people want choices to partake in alcohol sometimes, lower alcohol on others and non-alc, but elevated, drinks for other moments. 

The Bacardi Cocktail Trends Report 2024 shows a growing popularity in a new approach to moderation – The Sipping Spectrum – where NoLo moments become synonymous with choice, quality, flavor and forging social connections.

The NoLo sector is expanding upward and outward. Mintel predicts the global market is set to grow by 67% to $359M by 2026, far outpacing traditional alcohol’s volume growth. Non-alcoholic offerings may have previously been reserved for moderate months or sober occasions, but consumers are now harnessing a flexitarian approach to their consumption – making the choice that is right for them, whenever and wherever they see fit.

Research from IWSR illustrates this flexible future in action, reporting that approximately one quarter of global consumers plan on drinking more lower or non-alcoholic drinks year round.4

The drive is leading to innovative and elevated offerings in the sector, as drinks brands look to blends, ingredients and processes that signpost the flavor of non-alcoholic serves rather than “free-from.” The MARTINI® Non-Alcoholic Aperitivo range is a key example – providing drinkers with a refresh, rather than a replacement, of the brand’s vermouth. Flavors are exclusive to the non-alcoholic category, with Floreale boasting notes of Roman chamomile and Vibrante displaying delicate citrus aromas – ideal for lowering the alcohol content in classic vermouth cocktails like the Sbagliato and Americano.

Signaling the demand and influence of the category, in 2023 the MARTINI Floreale Non Alcoholic Aperitivo was awarded the Best New Spirit at the Tales of the Cocktail Spirited Awards. This marked the second consecutive win of a non-alcoholic drink in the category and is a sign of acceptance of this sector by the best bartenders in the world.

The Bacardi Global Consumer Survey reveals how consumers are exploring the spectrum of non-alcoholic options, without the rulebook. Despite a slight stagnation in Dry January, consumers are seeking lower alcohol drinks and cocktails all year round, with about one third of younger respondents in France, Germany, Tokyo and Canada – and one quarter of all respondents in the U.S. – looking to drink more of these serves in 2024.

 

““The arrival of generation moderation has transformed cocktail menus. NoLo drinks are now the equal of classic cocktails in looks, quality and taste.”

Marine Rozenfeld
Head of Innovation, Western Europe, Bacardi

Read more about this and other cocktail trends in the 2024 Bacardi Cocktail Trends Report.

 4 ‘DRINKS MARKET ANALYSIS’, ISWR, 2023