Tag: 3BL

Joyce Tsoi, SAC’s Director of Collective Action Programs, participated in a conversation on “Making Carbon Finance Projects Work for Farmers” at the recent Better Cotton Conference. In addition to Tsoi, speakers included Maria Kjaer, Sustainable Livelihoods Manager for Better Cotton, Amelia Sidumo, Senior Regional Coordinator for Better Cotton, and Thomas Blackburn, Head of Business Development & Partnerships at SustainCERT.

At the conference, participants discussed the potential of carbon finance projects in the agricultural sector, with a specific focus on cotton production and how the industry can collaborate with farmers on successful projects.

Cotton producers face critical challenges related to climate change, including impacted germination and yield, deteriorating quality, and increased labor costs — to name a few. Because cotton farming communities can vary greatly in size and most reflect an extensive network of cooperatives, associations, and agribusinesses, organization of coordinated responses to these challenges can also be difficult.

However, collective action through data-backed solutions such as carbon financing can help build more resilient cotton farming communities and mitigate potential future damage to farming systems posed by extreme weather events such as droughts and floods.

To make these projects work, speakers explained, stakeholders must leverage expertise and data, as well as direct or indirect relationships with farming communities, to inform decision-making on purchasing and investments.

Speakers highlighted the need to move quickly on smart legislation, rather than delay in anticipation of a definitive data set. They also defined the need for traceability and verifiable data when setting climate mitigation targets and GHG accounting to meet regulatory compliance requirements, while acknowledging the complexity of communicating with consumers.

They discussed how the industry can collaborate on collective action with workers, such as developing insurance policies for climate adaptation, engaging the technology sector on improved mechanization for intercropping, improving conventional production, or supporting a just transition to organic and regenerative farming methods. Sharing costs for accessing and sharing data could involve roles for capital markets and governments.

Solutions raised included alternative irrigation systems, solar energy, and circular innovations to reduce carbon emissions, all of which have the potential to reduce overall costs, diversify incomes, and unlock access to premium markets. Finally, the speakers highlighted the potential impact on worker wellbeing, as well as ways that these projects could be designed to respect communities, such as trainings in local languages, technical capacity building, and including female workers.

The conference was well facilitated, with good Global South representation and room for diverse angles on solutions — such as analysis of whether and to what extent decreased production might be considered alongside climate adaptive practices. Speakers agreed that the need for primary data was paramount, and that traceability and impact measurement is critical in developing solutions. They were reminded to continually look outside of specific industries, learn from each other’s experiences, and share progress collectively to inspire others to take action.

LAUSANNE, Switzerland and SAN JOSE, Calif., August 30, 2023 /3BL/ – Logitech International (SIX: LOGN) (Nasdaq: LOGI) published its Fiscal Year 2023 Impact Report detailing the Company’s progress toward its sustainability commitments. Logitech is dedicated to removing more carbon than it produces, aiming to achieve climate positive by 2030. Since 2019, Logitech has reduced Scope 1 and 2 emissions by more than 56% and its carbon intensity has decreased by 74%. Scope 3 value chain emissions have reduced by more than 21% since 2021.

“As part of our long-term journey toward climate positivity, our 15th Impact Report illustrates how our teams, including our value chain partners, are making meaningful progress on lifecycle carbon reductions,” said Prakash Arunkundrum, chief operating officer at Logitech. “Our Design for Sustainability approach continues to scale, accelerating the transition to lower impact materials and circular alternatives across our product portfolio.”

Designing for Sustainability is a catalyst for reducing negative environmental impact and elevating social impact. Because sourcing materials and the manufacturing of Logitech products comprises 65% of the company’s entire carbon footprint, moving to renewable energy, partnering with suppliers, and focusing on removing and reducing hidden impacts early in the design process are critical to achieving the company’s climate goals. Highlights from this year’s report include the following:

Nearly two in three (2:3) products now use post consumer recycled plastic, lowering carbon and environmental impact across the portfolio.Over 50% of new products have FSCTM-certified packaging and 11% of all Logitech products use FSCTM-certified packaging, an initiative that not only supports the transition away from single-use plastic packaging, but ensures paper packaging is certified from responsibly managed sources.Logitech is transparent about its entire scope of impact and pledged to carbon label its products, holding itself accountable for reducing the entire scope of that impact. 42% of Logitech products shipped in 2022 had a product carbon footprint label compared to 17% in 2021.Logitech increasingly chooses materials made using renewable energy. 43 product lines use low carbon aluminum for lower carbon impact.Logitech facilities across the globe are powered by 94% renewable electricity and it is driving greater adoption of renewable energy within its supply chain with its renovated Renewable Electricity Buyer’s Program. Collaborative efforts with suppliers to match energy consumption with renewable electricity certificates led to over 75,000 tCO2 carbon savings.Logitech neutralized its entire carbon emissions across operations and its scope 3 value chain for the second year in a row.

“The programs across Logitech aim to advance the positive impact we can have on individuals, communities, and society,” said Kirsty Russell, head of people and culture at Logitech. “In particular, we have taken an accelerated approach to addressing the barriers that keep people from accessing inclusive technology. Creating programs that challenge existing stereotypes and enable all people to work, create, and play will make everyone successful.”

The company co-founded the Coalition for Gender Fair Procurement and adopted a new standard for gender equality in the procurement process by introducing Gender Fair’s Assessment Methodology.Logitech continues to elevate programs and products that promote equity and inclusivity in communities throughout the world. Logitech’s Aurora Product Collection and the Adaptive E-Sports Tournament were intentionally designed to challenge existing biases and stereotypes, enhancing inclusivity in gaming.

Logitech’s FY23 Impact Report was developed with reference to the Global Reporting Initiative (GRI) standards, the Sustainability Accounting Standards Board (SASB) standard, recommendations outlined by the Task Force on Climate-Related Financial Disclosures (TCFD), and in alignment with the United Nations Global Compact (UNGC) and UN Sustainable Development Goals (SDGs).

More information on these and other sustainability accomplishments can be found in the FY23 full report. Learn more about all of Logitech’s sustainability initiatives and commitments on the website at Logitech.com/sustainability.

 

About Logitech

Logitech helps all people pursue their passions and is committed to doing so in a way that is good for people and the planet. We design hardware and software solutions that help businesses thrive and bring people together when working, creating, gaming and streaming. Brands of Logitech include Logitech, Logitech G, ASTRO Gaming, Streamlabs, Blue Microphones and Ultimate Ears.

Founded in 1981, and headquartered in Lausanne, Switzerland, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech at www.logitech.com, the company blog or @logitech.

Logitech and other Logitech marks are trademarks or registered trademarks of Logitech Europe S.A. and/or its affiliates in the U.S. and other countries. All other trademarks are the property of their respective owners. For more information about Logitech and its products, visit the company’s website at www.logitech.com

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Editorial Contacts: 
Marie Perriard, Head of Sustainability Communications – USA mperriard@logitech.com 
Nicole Kenyon, Head of Global Corporate & Employee Communications – USA (510) 988-8553 
Ben Starkie, Corporate Communications – Europe +41 (0) 79-292-3499

(LOGIIR)

Originally published by Walgreens Boots Alliance

By Elyse Russo, Walgreens Stories

Retiring was not Melba Russell’s idea, but her hip had other plans. It kept bothering her, and Russell’s doctor said the only way to heal it would be to stay off her feet. At 88 years old, it probably didn’t help that her favorite thing to do at Walgreens was to help unload the trucks.

She proudly admits that she helped unload her last truck the month before she officially retired in May 2023, 67 years after she started working for the company. That makes her the longest-serving employee in Walgreens history.

Russell spent the last 25 years of her career at Walgreens store #3013, located on Elvis Presley Boulevard in Memphis, Tennessee. Her title at retirement was inventory specialist, but Russell worked at many stores and held various positions throughout her career. She even served as a store assistant manager in Huntsville, Alabama. Russell says it was the people that kept her coming into work each day for 67 years—customers, team members, everyone.

“I saw one of my customers at the grocery store the other day and she said, ‘Where have you been?’” Russell says through laughter. “And I said, ‘Well, I don’t work there anymore. I retired!”

Jan. 30, 1956, was Russell’s first day of employment at Walgreens. At the time, many Walgreens stores had cafeterias inside them, and her first job was taking customer orders at the cafeteria counter in a Memphis-area Walgreens. She remembers that first role fondly and especially enjoyed the crowds that came in when conventions were in the area.

“We sold slices of strawberry pie for 35 cents,” she says. She even has a photo of herself next to the sign advertising that affordable treat.Russell also says she’s liked watching—and being a part of—the company grow to its nearly 9,000 store footprint nationwide.

“There weren’t too many Walgreens when I started, but then they started this program of building 12 stores a year. And that’s when we got stores on every corner,” she says, recalling that she and her colleagues would help stock those stores’ shelves to prepare them for opening.

Working at Walgreens became a family affair when Russell’s son and daughter both applied for jobs to make extra money while attending college. Russell also has two grandchildren and five great-grandchildren. Married for 64 years, her husband Robert died about a decade ago.

“That’ll make you get out and work more,” Russell says. “That’s the reason I hated to give up work but there comes a time when you have to make other plans.”

And right now, Russell’s immediate plans include well-deserved rest and relaxation.

“I’m just gonna take it easy the rest of this year and see what comes next year. Hopefully a new body,” she says with a laugh.

Russell will celebrate her 89th birthday on Aug. 9, but she says the secret to longevity is no secret at all.

“Take care of yourself. Money can’t buy health,” she says.

And in taking care of herself, she took care of so many others during her 67 years at Walgreens. A special thanks to you, Melba Russell.

This year marks the fifth anniversary of the Gilead COMPASS Initiative®, a 10-year, more than $100 million commitment to addressing the HIV epidemic in the Southern United States.

The COMPASS (Commitment to Partnership in Addressing HIV/AIDS in the Southern United States) program was born after a 2017 tour throughout the U.S. South with people affected by HIV. Gilead determined from listening to and learning from local community leaders that to end the epidemic in the region, investments into combating HIV-related stigma, improving community access to and quality of resources, and increasing local leadership and advocacy were essential.

Since its origin, the Gilead COMPASS Initiative has worked closely with and provided funding to nearly 400 community-based organizations across 16 states in the U.S South that address these health inequities and other barriers to care. The program has trained more than 26,000 individuals in leadership development, and in total the program has reached more than 300,000 people through its programming and in-person events.

Locally Addressing Health Disparities 
Among the COMPASS grantees is Community Health PIER (CH PIER), which is located in the heart of the Mississippi Delta, a region grappling with high HIV prevalence and stigmatization. The organization is working to confront health disparities in the local LGBTQ+ community with a holistic approach to health and wellness, peer support and resources to support healthy choices.

“Whether you want to hear about heart health, living healthy with HIV or information about having a small garden in your backyard, you can get that all here,” says Gloria Sturdevant, co-founder of CH PIER, adding that they provide a host of individualized services for people who walk through their door.

CH PIER is one of five grantee organizations featured in a five-part video series focusing on COMPASS’s community partners. The videos highlight the impact of frontline advocates and also demonstrate Gilead’s commitment to supporting their work and trusting the local community to know what works best to serve their region.

“What’s unique about the Gilead COMPASS Initiative is that they’re not telling us what to do,” says Cedric Sturdevant, Gloria’s brother and co-founder of CH PIER. “They allow us to tell them what’s best for our community.”

Continuing Efforts in the U.S. South 
While Gloria and her colleagues continue their important work, Gilead plans to expand its support of organizations in the region. Despite progress there’s still much to do: The U.S. South makes up about one-third of the U.S. population but accounts for more than 50% of new HIV diagnoses, and Black individuals bear a disproportionate burden of the disease in the local areas.

The structure of the COMPASS Initiative highlights Gilead’s long-time commitment to addressing health inequities and working with local organizations to reach medically underserved and disproportionately impacted communities.

“The extensive reach of the Gilead COMPASS Initiative in the past five years shows what we’ve been able to achieve together, and we’re looking forward to continuing our journey of growth and collaboration during the next five years,” says Jane Stafford, Executive Director, Public Affairs at Gilead. “We’re incredibly proud of these tangible transformative impacts we’ve had on the landscape of HIV in the Southern United States – in our commitment to ending the HIV epidemic for everyone, everywhere.”

Originally published by Gilead Sciences

TAMPA, Fla., August 30, 2023 /3BL/ – As part of the commitments laid out in its Twentyby30™ sustainability program to help advance responsible supply chains, Crown Holdings, Inc. (NYSE: CCK) (Crown) (www.crowncork.com) has expanded its Aluminium Stewardship Initiative (ASI) certifications into the Asia Pacific region. The Company’s Nong Khae and Crown TCP beverage packaging plants in Thailand were recently awarded the ASI Performance Standard certification, bringing the total facilities in Crown’s network with the designation to 12. Crown’s operations in Brazil and Mexico have also achieved ASI Performance Standard certification.

The ASI Performance Standard addresses environmental, social and governance principles for the aluminum value chain, confirming the recipient’s production practices are responsible. Beyond meeting the required criteria as part of an independent, third-party audit, the recent certifications in Thailand can be linked to advancing employee training around biodiversity, safety and human rights.

“Achieving this ASI certification is another proof point of our dedication to maintaining reputable supply chain relationships and meeting the evolving needs of brands in the Asia Pacific market,” said Carlos Baila, President, Asia Pacific at Crown. “We are committed to operating ethically and remaining accountable to our own standards, as well as those of our partners, as we continue to serve customers around the world.”

“We are proud to have two of our facilities in Thailand join their peers in Brazil and Mexico to achieve this certification,” commented Martyn Goodchild, Senior Vice President of Manufacturing, Asia Pacific at Crown. “It reflects strong collaboration among our employees and proves how activities taking place on a regional level can help accomplish the Company’s larger sustainability goals.”

To further expand its responsible and ethical sourcing program, Crown is pursuing ASI certification in other locations in its Asia, Europe and Middle Eastern operations.

“We warmly congratulate Crown Holdings, Inc. for achieving Performance Standard Certification at two of its plants in Thailand,” said Fiona Solomon, Chief Executive Officer at ASI. “By training employees around vital sustainability areas such as biodiversity, safety, and human rights, Crown is driving positive change within its operations. Through this latest Certification in Thailand, Crown is extending its commitment to responsible practices and we look forward to the Company’s continued pursuit of ASI Certification across its global operations.”

ASI is a global, multi-stakeholder, non-profit standards and certification organization which works to maximize the contribution of aluminum to a sustainable society. The independent, third-party audit of Crown’s Thailand facilities was carried out by LiberoAssurance.

To learn more about Crown’s efforts around responsible material sourcing and its comprehensive Twentyby30 sustainability program, visit crowncork.com/sustainability.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Tampa, Florida. For more information, visit www.crowncork.com.

For editorial inquiries: Emily Hogan, Senior Account Executive, FINN Partners; Tel: (630) 248-5232; Email: emily.hogan@finnpartners.com.

Cautionary Note Regarding Forward-Looking Statements

Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of federal securities law. These forward-looking statements involve a number of risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied in the forward-looking statements. Important factors that could cause the statements made in this release or the actual results of operations or financial condition of the Company to differ are discussed under the caption “Forward Looking Statements” in the Company’s Form 10-K Annual Report for the year ended December 31, 2022 and in subsequent filings. The Company does not intend to review or revise any particular forward-looking statement in light of future events.

View original content here.

Originally published in Webster Bank’s 2022 Corporate Responsibility Report

This commitment starts with comprehensive governance structures, policies, management committees and practices designed to ensure transparency in reporting and accountability for our Board of Directors and senior management. Our governance policies and procedures ensure that we maintain the highest levels of ethics and integrity, as well as data security and client privacy safeguards. We also maintain robust programs to manage operational risks and uphold compliance with all applicable laws, regulations and rules governing ethical business conduct.

Webster believes that its Board should be composed of directors with diverse experience in business and in areas that are relevant to the company. Our Board of Directors is comprised of a majority of independent directors as defined by the NYSE listing standards and the Board’s Corporate Governance Guidelines. With the exception of the Executive Committee, our Board committees consist entirely of independent directors. Our directors bring valuable expertise and insight to help Webster realize its corporate goals.

As directors retire, our robust succession program identifies new Board members who can bring additional qualities and experience to help us continue to innovate and succeed. Each year, the Board undergoes a selfassessment process to evaluate performance of the Board and Committees. As part of the self-assessment process, the Board considers which attributes and skill sets are important to ensure optimal performance of the Board. The information learned through this process is utilized when considering outside director candidates. The Board is committed to sustaining a board that achieves balance between depth of experience in the oversight of Webster and fresh approaches to oversight and strategic deliberations, particularly as Webster’s business and best practices of corporate governance, as well as corporate sustainability, evolve.

ESG Oversight 

Our Board of Directors continues to oversee Webster’s ESG efforts, led by the Nominating and Corporate Governance Committee. Our Corporate Responsibility Committee is comprised of senior executive leadership, overseeing the ESG Council activities and reporting on ESG efforts to the Nominating and Corporate Governance Committee. Our management-level ESG Council includes a cross-functional team with representatives from lines of business, Audit, Compliance, Corporate Responsibility, Investor Relations, Legal, Operations and Risk. The Council meets on a quarterly basis.

To learn more about Webster Bank’s commitment to corporate responsibility, visit our CR webpage.

For full details about Webster Bank’s 2022 Corporate Responsibility Report, visit here.

by David Breecker, Microgrid Systems Laboratory

Private investment capital at scale will be necessary to achieve our global energy goals and to avert catastrophic climate change, while also meeting the United Nations Sustainable Development Goals and achieving universal access to clean energy. Microgrids (or mini-grids, as they are known in the developing world) are one essential component of this energy transition.

According to the U.S. Department of Energy, “A microgrid is a network of distributed energy resources and loads that can disconnect and re-connect to the larger utility grid as a single entity, allowing the connected loads to be served during utility outages. Microgrids can also be found in remote locations where they may not be connected to a larger grid.” These small-scale integrated energy systems are becoming an increasingly common feature of the renewable energy landscape.

They offer a high degree of resilience to utility outages caused by extreme weather events, aging assets, or cyber- and physical attacks on grid infrastructure, by disconnecting (or “islanding”) from the bulk grid and operating autonomously; and they present an opportunity to move more aggressively to 100 percent renewable energy right now. They are also considered to represent as much as 40 percent of the solution to energy poverty challenges worldwide, affecting over 2 billion people with inadequate access.

Read about the varied uses for Microgrids and potential benefits as well as the increasing investment opportunities, all in David’s article here.

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Mississippi summers are hot. While Mississippians know to expect a hot summer, the heat we have experienced over the past few weeks has been brutal. Scorching temperatures are uncomfortable for everyone, but they can be especially dangerous for older adults and disabled individuals. Having power for air conditioning and fans is a necessity, just like food and medicine.

With the rising cost of groceries and other essentials, some Mississippians have a hard time stretching their budget to cover all expenses. Extreme heat increases electricity use, causing power bills to rise and creating further strain on budgets. However, relief is available, even when there is no reprieve from the weather.

Entergy Mississippi has committed more than $528,000 from shareholders to The Power to Care program, which provides emergency bill assistance to older adults and customers with disabilities. The Salvation Army administers the program on our behalf to reach those in need.

“Many of our customers are having trouble making ends meet this summer,” said Valarie Mabry, Analyst II, Public Affairs, Entergy Mississippi. “We are proud to partner with the Salvation Army to provide needed assistance to our elderly and disabled neighbors through The Power to Care program.”

Entergy Mississippi customers can help their neighbors in need by donating to the program and have several options for how to offer their support. . Customers can make either a one-time gift by bank draft or add a monthly gift to their bill through logging in to myEntergy. Donations may also be made using a credit card through an online contribution system. To donate by check, donors should include their Entergy account number on the check and mail it to:

The Power to Care

Contributions Processing Center

P.O.Box 24568

Jackson, MS 39225-4568

All donations go directly to helping our customers make payments on their Entergy bill and are not used for fundraising or administrative purposes. When customers give, Entergy shareholders match your gift, up to $1 million, doubling the impact of a contribution. Donations to Entergy’s Power to Care program are tax deductible to the fullest extent allowed by law. A summary of donations to The Power to Care program are included in the January bill for tax reporting purposes. Contributors should consult with their tax professionals.

Customers having difficulty paying their bill may also qualify for the LIHEAP program. The Low Income Home Energy Assistance Program provides money to help individuals with energy bills and other energy-related expenses. LIHEAP is funded through the federal government and works with community action agencies to qualify customers and distribute the funds. Visit the Entergy website for information on how to apply and access a list of LIHEAP agencies.

CHARLOTTE, N.C., August 29, 2023 /3BL/ – As Hurricane Idalia rapidly accelerates and makes its way towards land, Truist Foundation announced it will donate $500,000 to support relief and recovery efforts for communities across the Florida Gulf Coast and Southeastern Seaboard impacted by the storm. The funding will be dispersed between the American Red Cross, Center for Disaster Philanthropy and United Way.

This grant is in addition to the $1 million Truist Foundation previously donated to the American Red Cross Annual Disaster Giving Program earlier this year. Through this program, the Red Cross is equipped to deploy immediate assistance, such as food, shelter, comfort kits and other relief supplies, to families and individuals in communities impacted by extreme weather events such as Hurricane Idalia.

“As Hurricane Idalia nears landfall, we stand ready to support our teammates, clients and communities who may be impacted by this storm,” said Lynette Bell, president of Truist Foundation. “Truist Foundation is committed to working with our disaster partners to address critical housing, health and hunger-related needs that arise. Our goal is for our investment to provide aid at a time of need to help lessen the impact of this potentially devastating storm.”

Truist Foundation recognizes that recovery will take time following a storm of this magnitude, so a portion of the $500,000 donation will be focused on medium- and long-term community recovery. Funds will support needs such as rebuilding public infrastructure, homes and livelihoods; offering mental health services; and addressing other challenges identified as recovery efforts progress.

“While the full impact of Hurricane Idalia is unknown, we recognize that supporting relief efforts in advance is one way we can demonstrate our care for our teammates, clients and the communities we serve,” said Tony Coley, group regional president for Truist. “Through our financial commitment and partnerships, Truist will be there to help our neighbors rebuild as quickly as possible while living out our purpose to inspire and build better lives and communities.”

The foundation is also helping to ensure there is financial assistance available to Truist teammates in the path of the storm through its One Team Fund. Now through Sept. 15, 2023, Truist Foundation will double its match, contributing $2 for every $1 teammates donate to the Fund. The One Team Fund provides financial assistance to help teammates through unexpected hardship, such as natural disasters like Hurricane Idalia.

About Truist Foundation

Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. Truist Foundation’s grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at Truist.com/Foundation. 

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CHARLOTTE, N.C., August 29, 2023 /3BL/ – As Hurricane Idalia rapidly accelerates and makes its way towards land, Truist Foundation announced it will donate $500,000 to support relief and recovery efforts for communities across the Florida Gulf Coast and Southeastern Seaboard impacted by the storm. The funding will be dispersed between the American Red Cross, Center for Disaster Philanthropy and United Way.

This grant is in addition to the $1 million Truist Foundation previously donated to the American Red Cross Annual Disaster Giving Program earlier this year. Through this program, the Red Cross is equipped to deploy immediate assistance, such as food, shelter, comfort kits and other relief supplies, to families and individuals in communities impacted by extreme weather events such as Hurricane Idalia.

“As Hurricane Idalia nears landfall, we stand ready to support our teammates, clients and communities who may be impacted by this storm,” said Lynette Bell, president of Truist Foundation. “Truist Foundation is committed to working with our disaster partners to address critical housing, health and hunger-related needs that arise. Our goal is for our investment to provide aid at a time of need to help lessen the impact of this potentially devastating storm.”

Truist Foundation recognizes that recovery will take time following a storm of this magnitude, so a portion of the $500,000 donation will be focused on medium- and long-term community recovery. Funds will support needs such as rebuilding public infrastructure, homes and livelihoods; offering mental health services; and addressing other challenges identified as recovery efforts progress.

“While the full impact of Hurricane Idalia is unknown, we recognize that supporting relief efforts in advance is one way we can demonstrate our care for our teammates, clients and the communities we serve,” said Tony Coley, group regional president for Truist. “Through our financial commitment and partnerships, Truist will be there to help our neighbors rebuild as quickly as possible while living out our purpose to inspire and build better lives and communities.”

The foundation is also helping to ensure there is financial assistance available to Truist teammates in the path of the storm through its One Team Fund. Now through Sept. 15, 2023, Truist Foundation will double its match, contributing $2 for every $1 teammates donate to the Fund. The One Team Fund provides financial assistance to help teammates through unexpected hardship, such as natural disasters like Hurricane Idalia.

About Truist Foundation

Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. Truist Foundation’s grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at Truist.com/Foundation. 

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