Tag: 3BL

CNH Industrial continues advancing its technology to make farming easier, more efficient, and more sustainable for its customers.

This commitment to excellence has been recognized with a host of innovation awards for Case IH, New Holland and STEYR – all brands of CNH. Collectively, the company won five medals at this year’s prestigious Agritechnica Innovation Awards, conferred annually by the DLG German Agricultural Society.

New Holland Agriculture took home the show’s only gold medal for the new Twin Rotor Combine Harvester Concept, which will have its world premiere at Agritechnica in November 2023. The brand was also awarded a silver medal for the T7 LNG tractor concept with its ‘better than zero carbon’ environmentally innovative biofuel technology. Also receiving a silver medal was the T4 Electric Power tractor, the industry’s first all-electric tractor with autonomous features. The recognition and success of these machines reinforces sustainability as a central pillar of CNH’s purpose.

Case IH spotlighted its cutting-edge technology with the silver medal-winning Axial-Flow feedrate radar system, which allows greater consistency of throughput speeds, reduced losses, improved grain quality and reduced risk of blockages. Short, optimal harvesting windows in turn become more productive and profitable.

STEYR, our highly specialized tractor brand for European farming, won a silver medal for its unique Hybrid CVT tractor prototype.

These medal winners, together with the innovations in our wider portfolio, testify to how CNH puts innovation, sustainability, and productivity to work for our customers everywhere.

FARMINGTON, Conn., October 27, 2023 /3BL/ – Otis Worldwide Corporation (NYSE: OTIS), the world’s leading company for elevator and escalator manufacturing, installation and service, announced today that Tom Bartlett and Jill Brannon have been appointed to its Board of Directors, effective October 27, 2023.

Bartlett is President and Chief Executive Officer of American Tower Corporation. Brannon is Executive Vice President and Chief Sales Officer at FedEx Corp.

“We are pleased to welcome Tom and Jill to the Otis Worldwide Corporation Board of Directors,” said Judy Marks, Otis Chair, CEO & President. “Tom’s vast experience in technology and management of real estate dedicated to global wireless infrastructure, and Jill’s leadership delivering global services, make them outstanding additions to support our growth strategy and momentum. I look forward to working with Tom and Jill as together we help Otis build a taller, faster, smarter world.”

Prior to joining American Tower in 2009 as Executive Vice President and Chief Financial Officer, Bartlett had a 25-year career at Verizon Communications and its predecessor companies and affiliates. Bartlett previously served on the Board of Directors of Equinix, Inc. He is a member of the World Economic Forum’s Information and Communications Technologies (ICT) Board of Governors, the National Association of Real Estate Investment Trust (NAREIT) Executive Committee, and the Business Roundtable.

“It is a privilege to join the Otis board of directors and support the company’s mission to be a world-class, customer-centric, service-oriented company,” said Bartlett. “I’m eager to support the ongoing programs and innovation that deliver value and meet the unique and evolving needs of Otis’ stakeholders around the world.”

Brannon has more than three decades of global experience at FedEx. In addition to her role as Chief Sales Officer, Brannon serves on the company’s Strategic Management Committee, a select group of the company’s top leadership that sets the strategic direction for the enterprise. She has previously held positions leading sales in Europe, Middle East, the Indian Subcontinent and Africa, and in operations, marketing, and strategic planning and analysis. Since 2022, Brannon has served on the advisory board of directors for European Transport Solutions SARL, Luxembourg. She previously served on the boards of the US-ASEAN Business Council and the International Children’s Heart Foundation.

“It is an honor to join Otis – the global leader in the industry it founded 170 years ago,” said Brannon. “I look forward to bringing my decades of experience and insights gained serving in various global roles to support the Board as we oversee the company’s long-term strategy and help ensure its future success.”

Harold (Terry) W. McGraw III has announced he will retire from the Otis Worldwide Corporation Board of Directors, effective December 7, 2023. He was an inaugural member of the Otis Board, when the company separated from its previous parent and listed as an independent company on the New York Stock Exchange in April 2020. McGraw served on the Compensation and Nominations and Governance Committees.

“I would like to thank Terry for his contributions and guidance as we navigated Otis through the spin and in our three and one-half years as a public company. He has been a valuable advisor to Otis and to me personally,” said Marks.

With the additions of Bartlett and Brannon, and the retirement of McGraw, the Otis Board will have 11 members. Bartlett will join the Audit and Compensation Committees. Brannon will join the Board’s Audit and Nominations and Governance Committees.

To learn more about Otis and its Board of Directors, visit www.otis.com.

About Otis 
Otis is the world’s leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain approximately 2.2 million customer units worldwide, the industry’s largest Service portfolio. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. For more information, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.

It was an evening full of inspiration, networking and connection. On October 4th more than 150 people attending the second annual Key4Women Forum in Pittsburgh at The Circuit Center. Melinda Colaizzi, founder of Women Who Rock, served as the keynote speaker for the event.

Cara Sapida, WPXI-TV reporter, served as the program’s emcee. The working mom of two shared her story of bravery, overcoming a breast cancer diagnosis during the height of the pandemic. For the first time publicly, Sapida opened up about her experience with cancer and the determination she found to push through the pain. The award-winning journalist went on to write a book about her breast cancer journey, titled “Not the Breast Year of My Life.” The book has topped Amazon’s best sellers list in several categories and has recorded sales around the world.

Kym Gable, anchor and reporter for KDKA-TV, attended this year’s forum as the Director of the South Chapter of ‘Inspired Women Paying It Forward.’ The women’s networking group held a mini meeting for the South Chapter, where three local non-profits shared their mission and work to better the Greater Pittsburgh community. Foster Love was awarded a $5,000 grant from KeyBank.

The forum wrapped up with Colaizzi’s powerful keynote presentation. The Women Who Rock founder, GRAMMY member and music professional shared insights with attendees on how to find their passion and use it to drive success in life and business.

The annual Key4Women forum is dedicated to celebrating, supporting and encouraging the progress of women in business. The Key4Women program, which launched in 2005, offers:

Customized financial services and advice from Key4Women certified advisorsExclusive member events and forums with industry experts to help foster professional and business development while creating lasting connections with industry leaders and professionalsTimely and robust thought leadership content and insights covering the latest in financial and business trends to help women succeedStrong support of national and local women organizations

ATLANTA, October 27, 2023 /3BL/ – This Manufacturing Month, Georgia-Pacific celebrates the success of women in the forest products industry and recognizes the important role they play. Despite women making up just 29 percent of the industry, GP is proud to have numerous trailblazing women making an impact in non-traditional roles.

A voice leading the charge for women in manufacturing at GP is Carrie Shapiro, vice president of Sourcing Execution, who is an advocate for mentorship and visible leadership. She recently presented at the Women in Manufacturing Summit, sharing her insights and experience from being in the industry for more than 20 years. Carrie focused on what makes a great supervisor, emphasizing the value of knowing your team’s talents and maximizing those talents for the success of the business. Additionally, she emphasized the importance of building and leading high-performing teams, a crucial skill for any manufacturing leader.

GP is committed to creating a work environment where everyone is empowered, regardless of their gender or background. The company provides numerous family-friendly benefits including maternity and paternity leave and adoption assistance to help remove barriers that could prevent women from reaching their full potential.

Read Carrie’s interview with the National Association of Manufacturers as she shares her experiences and advice for women in this industry.

View original content here.

PITTSBURGH, October 27, 2023 /3BL/ – Viatris Inc. (NASDAQ: VTRS), a global healthcare company, announced it has been named to 3BL’s annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. 3BL is a news distribution platform that promotes ESG initiatives of leading companies and non-profit organizations.

The 100 Best Corporate Citizens ranking is based on 184 ESG factors in seven pillars: climate change, employee relations, environment, governance, human rights, stakeholders and society, and ESG performance.

“Being a responsible corporate citizen is central to supporting our mission to empower people worldwide to live healthier at every stage of life,” said Lina Andersson, Head of Corporate Social Responsibility at Viatris. “This recognition reaffirms our colleagues’ commitment to build sustainable access at scale to medicine and advance responsible operations for our stakeholders, the communities in which we live and work and the patients we serve.”

Using a methodology developed by 3BL, all companies listed on the Russell 1,000 Index used as a benchmark by investors are researched by ISS ESG, the responsible investment research arm of Institutional Shareholder Services.

To compile the ranking, corporate data and information is obtained from publicly available sources only, rather than questionnaires or company submissions. Companies have the option to verify data collected for the ranking at no cost. Data and information used in the 2023 edition of the 100 Best Corporate Citizens ranking was collected between July 2022 to July 2023.

For access to the complete 100 Best Corporate Citizens of 2023 ranking and methodology visit: https://100best.3blmedia.com/.

To learn more about Viatris’ efforts and overall impact, read Viatris’ 2022 Sustainability Report.

Being named to 3BL’s 100 Best Corporate Citizens list follows 2023 accolades for Viatris, including inclusion on Forbes’ list of World’s Best Employers 2023, Newsweek’s America’s Greenest Companies 2024, TIME’s World’s Best Companies 2023 list and USA Today’s inaugural list of America’s Climate Leaders 2023. The Company has also been included on Forbes’ list of World’s Best Employers 2022, Fortune’s Change the World list, Newsweek’s America’s Most Responsible Companies 2022 list, a Great Place to Work® certification in India, Capital Magazine’s Best Employers in France list, and HR Asia’s Best Companies to Work for in Asia (Taiwan), among others.

About Viatris 
Viatris Inc. (NASDAQ: VTRS) is a global healthcare company uniquely positioned to bridge the traditional divide between generics and brands, combining the best of both to more holistically address healthcare needs globally. With a mission to empower people worldwide to live healthier at every stage of life, we provide access at scale. In 2022 alone, we supplied high-quality medicines to approximately 1 billion patients around the world. With our exceptionally extensive and diverse portfolio of medicines, a one-of-a-kind global supply chain designed to reach more people when and where they need them, and the scientific expertise to address some of the world’s most enduring health challenges, access takes on deep meaning at Viatris. We have the ability to touch all of life’s moments, from birth to end of life, acute conditions to chronic diseases. We are headquartered in the U.S., with global centers in Pittsburgh, Shanghai and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on Twitter, LinkedIn, Instagram and YouTube.

About the 100 Best Corporate Citizens Ranking 
The 100 Best Corporate Citizens debuted in 1999 in Business Ethics Magazine and appeared annually in Corporate Responsibility Magazine for many years. 3BL has managed the ranking since 2018. To compile the ranking, each company in the Russell 1000 Index is ranked according to its transparency and performance on 184 environmental, social and governance factors.

SOURCE Viatris Inc.

For further information: MEDIA, +1.724.514.1968, Communications@viatris.com, Jennifer Mauer, Jennifer.Mauer@viatris.com, Matt Klein, Matthew.Klein@viatris.com, or INVESTORS, +1.412.707.2866, InvestorRelations@viatris.com, Bill Szablewski, William.Szablewski@viatris.com 

Originally published on Essity News Center

STOCKHOLM, October 26, 2023 /3BL/ – The hygiene and health company Essity has inaugurated the world’s first production line for professional hygiene tissue products where the raw material consists of used food and milk packaging. The facility recycles 25,000 tons per year, equivalent to 60% of all collected, sorted and recycled food and beverage cartons in France.

Since 2008, Essity’s plant in Hondouville has been the leader in recycling paper fiber from food and beverage packaging in France. The latest expansion has increased the recycling capacity by 40%. In addition to increased recycling capacity, the process also enables the recycling of almost all the materials in the packaging, including plastic and aluminum. Essity uses the fiber raw material to manufacture tissue products under the Tork brand.

Essity is constantly developing new methods to reuse materials and optimize resources, with the aim of achieving net zero emissions by 2050. The company has similar recycling initiatives in Germany, the Netherlands and most recently in Ecuador, where Essity is collaborating with McDonald’s and the company ReciVeci to recycle paper cups from fast-food restaurants.

“A truly circular society can only be achieved if there is integrated collaboration between all members of the value chain, and our production plant in Hondouville is a role model in end to-end circular economy. The production facility provides cost-efficient and sustainable production while we take important steps toward a world with zero landfill,” says Donato Giorgio, President, Global Supply Chain at Essity.

France is Essity’s second largest market in Europe with approximately 2,300 employees and annual sales of SEK 11.7bn. Essity manufactures and sells hygiene and health products under leading brands, such as Actimove, Cutimed, Delta-Cast, Demak’Up, JOBST, Leukoplast, Lotus, Nana, Okay, TENA and Tork.

October 26, 2023 /3BL/ – As National Women’s Small Business Month shines a light on women-owned small businesses, SkysTheLimit.org, an innovative digital platform committed to fostering the growth of historically excluded entrepreneurs, is proud to connect mentors to the resources they need to enhance their commitment to empowering women founders.

With more than 12 million businesses owned by women, they produce 2.1 trillion dollars in revenue and employ more than 10.1 million workers.

Laura Plato, Chief Operating Officer of SkysTheLimit.org, says, “The majority of the entrepreneurs on Sky’s the Limit are women founders. Our focus is to provide mentors the tools to feel confident in supporting entrepreneurs in reaching their goals and ultimately develop thriving, sustainable businesses.”

Here are five ways people interested in supporting entrepreneurs can engage:

Become a Sky’s the Limit mentor: By joining Sky’s the Limit as a business mentor and advisor, you can help make a significant difference by offering encouragement, listening, coaching, and sharing valuable business skills and perspectives that entrepreneurs may need to overcome business challenges.Increase mentorship excellence by listening to and sharing “The First Buck” podcast: The First Buck podcast, hosted by Sky’s the Limit Co-Founder Nic Cary, offers inspiration for mentors, emerging entrepreneurs, and established business leaders. Each episode features success stories and insights from accomplished entrepreneurs, providing listeners with tools and motivation to thrive in the dynamic world of business. Tune in here to be equipped with the knowledge to better support entrepreneurs.Help entrepreneurs tune and amplify their business funding pitches: Throughout October and beyond, Sky’s the Limit entrepreneurs have the chance to vie for startup grants ranging from $2,500 to $30,000 by submitting online video pitches. Kickstart their businesses by helping them develop their pitch and business strategies to access these funding opportunities.Gain and share inspiration from entrepreneurs with transferrable experiences: Limitless! is a groundbreaking web series where entrepreneurs can share their experiences, insights, and strategies for success. Each episode features 2 inspirational entrepreneurs in dialogue and provides a unique opportunity for attendees to learn from entrepreneurs’ remarkable journeys, gain valuable knowledge, connect with like-minded individuals, and gain insights into building successful businesses around passion and overcoming challenges as founders. Watch episodes here.Collaborate with easy tools that help founders move their businesses forward. SkysTheLimit.org offers four free digital workbooks for mentors and entrepreneurs to work together on to get unstuck and move their businesses forward. These resources aid in business planning and strategy development. Here’s the link to download all four.

This National Women’s Small Business Month, Sky’s the Limit takes pride in celebrating the accomplishments of the thousands of entrepreneurs who have tapped into the nonprofit’s services to help advance their businesses, and the mentors who provided guidance and encouragement along the way.

“Thanks to Shelby Miller, Senior Manager at Accenture, I’ve been able to connect deeper with my customers. It also opened the door to me receiving more one-on-one clients for herbal consultations, said Jo Sesay, Founder of Black Roots on her experience working with her mentor from Sky’s the Limit.

Chelsea Harvey, Sr. Business Analyst at PNC Bank helped me talk through potential hurdles with marketing as well as sponsorships, and she gave me the optimism and tools I needed to move forward in obtaining ticket sales and sponsors,” said Alice Hong Founder of Luxardo Entertainment Group talking about her work with her Sky’s the Limit mentor.

Read more inspiring stories and transformative experiences from entrepreneurs, including Jo and Alice, here.

Sky’s the Limit offers opportunities for traditionally marginalized entrepreneurs – typically those who identify as LGBTQIA+, BIPOC, women, veterans, disabled people, and people from low-income backgrounds – to connect with mentors to come together to foster, grow, and shape modern and future enterprise. The organization has also provided over $450,000 in startup grants and educated tens of thousands of diverse entrepreneurs.

For more information about partnerships and how to get involved, please visit skysthelimit.org/partnerships.

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About SkysTheLimit.org: SkysTheLimit.org is a digital platform that connects young, historically excluded entrepreneurs with one-on-one support from experienced business advisors and mentors, entrepreneurship training, and community-voted startup grants. SkysTheLimit.org is a 501(c)3 nonprofit.

Each year, we celebrate the launch of Whole Planet Foundation on October 25, 2005 and the stakeholders, donors, and advocates who power our mission to alleviate poverty. This year, we are holding our Annual Benefit & Auction at the Whole Foods Market global office in Austin, Texas. Thanks to the generosity of sponsors, the Party is off to a great start! Presenting sponsors Smartwater and FlexPrint are making a massive impact with $25,000 in support from each, and Gold sponsor Studio AZUL is also helping to design and produce event signage. Whole Planet Foundation is so grateful to all of our these annual benefit sponsors for their support!

After the party, the virtual auction runs through 11:59pm CST on Sunday, October 29, 2023. Register here for free and thank you for supporting our mission to alleviate global poverty through microcredit.

New survey by Morning Consult on behalf of Abbott shows student loans are having a profound and far-reaching impact on young adults and their planning for the future91% say financial stress is impacting their mental, physical wellness and student loan debt is a key driver of this financial stress94% are interested in a workplace benefit in which they get an employer-provided 401(k) contribution as they pay off their school loansAbbott’s new blueprint of its award-winning Freedom 2 Save program helps companies create a proven student loan benefit program for their people

ABBOTT PARK, Ill., October 26, 2023 /3BL/ – Ninety-one percent of young adults with student loans are so stressed about money they say it’s impacting their physical and mental wellness, according to a new survey by Morning Consult on behalf of Abbott (NYSE: ABT). A key driver of that financial stress is student loan debt.

In 2018 Abbott tackled the student debt crisis head-on with its first-of-its-kind, award-winning Freedom 2 Save program that helps employees pay off their student loans while also saving for the future.

Now — with college tuition at a historic high, student loan debt exceeding $1 trillion and payments of federal student loans resuming after a more than three-year pause — Abbott is encouraging other employers to join in this effort with the launch of the Freedom 2 Save blueprint.

The blueprint guides employers through the process of developing and implementing a benefit like Freedom 2 Save.

Enacting this type of program will be easier starting in January 2024, thanks to a new federal law called the SECURE 2.0 Act, a provision of which was inspired by Freedom 2 Save. No longer will employers have to receive a private letter ruling from the IRS like Abbott had to do when creating the Freedom 2 Save program.

“Employees with student loans often have to choose between paying their school debt and saving for retirement. That’s problematic because people who delay saving for the future will find it hard to catch up,” said Mary Moreland, executive vice president, Human Resources, Abbott. “The good news is that employers can help relieve some of this burden with a program like Freedom 2 Save. Our blueprint will help simplify the process.”

IMPACT OF STUDENT LOAN DEBT 
Tens of millions of U.S. borrowers collectively owe $1.57 trillion in student loans, making them the third-largest form of consumer debt after mortgages and auto loans.

This student loan debt is having a profound and far-reaching impact on young adults, according to the Morning Consult survey of more than 500 people ages 18-39 with student loans. The data reinforce the need for workplace programs that help tackle the student debt crisis.

In fact, 94% of young adults with student debt expressed interest in an employer-provided 401(k) contribution as they pay off their school loans.

Other key findings among those surveyed:

86% are concerned about having to resume federal student loan payments this month.63% didn’t pay their federal student loans at all during the three-year pause.And for 46%, student loans have impacted how much they contribute to their retirement plans.

Among those whose retirement savings has been impacted by student loan debt:

86% have reduced the amount of money they contribute to their retirement account.55% stopped contributing to their retirement plan.And 44% have withdrawn money from their retirement account.

“As the number of people with student loans grows, employees will increasingly be looking for companies to offer student loan repayment solutions that help them forge their financial futures,” said Stacey MacPhetres, senior director, Education Finance, Bright Horizons EdAssist Solutions. “This is a workplace benefit that employers need to seriously consider if they want to attract and retain key talent.”

AN EMPLOYEE‘S PERSPECTIVE 
When Cynthia Chan, a supply chain logistics planner in Abbott’s vascular business, was job hunting, Freedom 2 Save was one of the factors that drew her to the company.

“I accumulated about $15,000 in student debt after earning my master’s degree in chemical engineering and had no idea how I’d be able to pay my loans and save money for my future,” said Chan. “Freedom 2 Save lifted that weight off my shoulders. I’ve paid off nearly $5,000 while also saving for retirement, and can now see a time in the near future when I’ll be free of this debt.”

For those who choose to take advantage of Abbott’s innovative program like Chan, here’s what it could look like:

Employees who join Abbott in their early 20s with starting annual pay of $70,000 and take advantage of this program could see $48,000 accumulate in their 401(k) accounts after 10 years, assuming a 5% annual return and yearly merit pay increases of 2% — without any 401(k) contribution of their own. That amount could be worth hundreds of thousands of dollars in additional retirement savings by age 60.

“Our people have invested a lot in their education, and we don’t want that to keep them from saving while they’re still young,” said Moreland. “We encourage other companies to download our blueprint and join us in this effort. Together we can help employees take on student loans and savings.”

About Freedom 2 Save: 
Through Freedom 2 Save, employees who are eligible for the company’s 401(k) and who apply at least 2% of their eligible salary toward paying down a qualifying student loan will receive a 5% company contribution into their Abbott 401(k) annually. Employees don’t have to put any money into their 401(k) to get this company contribution. Abbott was named to Fortunemagazine’s 2023 “Change the World” list for Freedom 2 Save, and the company was recognized by Pensions & Investments with an Innovation Award for the program. Freedom 2 Save was also featured in an essay in the book “The Future of Building Wealth: Brief Essays on the Best Ideas to Build Wealth — for Everyone,” published by the Federal Reserve Bank of St. Louis in partnership with the Aspen Institute’s Financial Security Program.

About the SECURE 2.0 Act: 
Thanks to a provision in the SECURE 2.0 Act that was inspired by Freedom 2 Save, employers will be able to match student loan payments made by their employees with tax-advantaged contributions into their retirement accounts starting in January 2024.

Morning Consult Methodology: 
The total sample size was 501 U.S. adults aged 18-39 who have continued with some form of education after high school, have existing student loan debt and live in a major U.S. market. The responding sample is weighted to the profile of the sample definition to provide a representative reporting sample. Interviews were conducted online in September 2023.

About Abbott: 
Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 115,000 colleagues serve people in more than 160 countries.

Connect with us at www.abbott.com, on LinkedIn at www.linkedin.com/company/abbott-/, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews.

SOURCE Abbott

For further information: Abbott Media: Christine Moyer, (847) 345-0321

CNH Industrial demonstrates its commitment to a sustainable future with the eighth edition of A Sustainable Year. The digital magazine features innovation and sustainability developments from the past year, and complements the publication of the company’s latest Sustainability Report. This edition focuses on key priorities for CNH: Carbon Footprint; Circularity & Eco-Efficiency; and Inclusion, Equity & Engagement.

This edition spotlights how the company made a positive impact as a business. CNH supported local communities around the world through education and youth training. From R&D, they showcased New Holland Agriculture’s (a brand of CNH Industrial) T7 LNG Methane Power Tractor, the first dynamic simulator for agriculture; and their electrified agriculture and construction machinery. Investments in agronomic tech, advancements in automation, and excellence in remanufacturing were also showcased.

The publication also includes thought leadership pieces from industry and academic experts who provide insight on implementing sustainable practices.

All the stories in A Sustainable Year are a testament to CNH’s role in sustainably advancing the noble work of farmers and builders. The company’s achievements continue to be recognized with their inclusion in the Top 1% of the S&P Global ESG Score 2022 and continued place in the CDP annual A-List for efforts in tackling climate change.

Read the interactive digital magazine at: