Tag: 3BL

Originally published in International Paper’s 2022 Sustainability Report

ForSite™ is an innovative mapping tool used by our Fiber Supply team to verify and track the fiber they are sourcing. This system guides our responsible fiber procurement on noncertified forestland in the U.S. It ensures that conservation approaches, similar to those practiced on third-party certified lands, are incorporated in forest management and harvest practices on non-certified lands.

This system uses GIS technology to display and organize a variety of spatial data – critical information that our fiber supply team uses to make informed decisions prior to the fiber entering our supply chain. ForSite™ data includes an array of environmental and spatial attributes, including:

Rare, threatened and endangered speciesPriority forest types and landscapesSoil types, topography and hydrologySatellite imagery updated weeklyOptimized delivery location

By knowing the exact location of the direct fiber we purchase, we ensure not only that our fiber is derived from sustainably managed forests, but also that it is delivered to the most cost-effective facility location.

Using ForSite™ technology, we have:

23M

Identified 23 million acres where we can apply pre-harvest due diligence to ensure that purchased fiber is sourced responsibly

25K

Made on-the-ground improvements to over 25,000 acres of forestland since 2020

95%

Mapped every non-certified location of purchased open market fiber

ForSite in Use 

IP recognized that our industry needed to improve our practices in order to assure consumers and customers that active forest management is sustainable. The implementation of ForSite™ has changed IP’s procurement strategy. We now screen every non-certified tract through ForSite™ prior to purchase to determine whether additional due diligence is required before we accept timber from that tract. Our staff has access to this data both in the office and in the field.

Outcome: 

Gopher Tortoise burrow locations were located, buffered, and protected prior to the forest thinning treatment. The final result was habitat improvement for the tortoise and the landowner was able to accomplish their management objectives.

Expanding due diligence 

In 2022, our forest management focused on risk mitigation in sourcing and the improvement of forest biodiversity. We:

Conducted due diligence on purchases that were at risk of non-compliance with our Global Fiber Procurement policyMade second-party verification field visits to document landowners’ sustainable forest management practices

Spotlight: 

Due diligence on the ground

Using ForSite™, our team worked with fiber suppliers in South Carolina to create wildlife corridors to maintain ecosystems that are home to white-tailed deer, wild turkeys and numerous species of birds, reptiles and amphibians.

Also in the U.S. South, where millions of acres of privately owned forestlands are habitats for hundreds of species of birds, our Tombigbee Forest Bird Partnership assembles partners to help preserve at-risk species such as the Northern Bobwhite, Kentucky Warbler and Red-headed Woodpecker.

About International Paper

International Paper (NYSE: IP) is a global producer of planet-friendly packaging, pulp and other fiber-based products, and one of North America’s largest recyclers. Headquartered in Memphis, Tenn., we employ approximately 39,000 colleagues globally who are committed to creating what’s next. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting InternationalPaper.com.

About International Paper – EMEA

In Europe, Middle East & Africa (EMEA), International Paper focuses on the production and marketing of fiber-based packaging and pulp, employing approximately 4,200 people. As a leading supplier of high-quality corrugated containers for a multitude of applications, we serve customers throughout the region from our network of two recycled containerboard mills and 23 box plants in France, Italy, Morocco, Portugal and Spain. Pulp production is centered in Gdansk, Poland. Other products available from International Paper in the region include Kraft linerboard and recycled containerboard, as well as pulp.

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CAMDEN, N.J., July 24, 2023 /3BL/ – Subaru of America, Inc., and Make-A-Wish® this week partnered for a “Week of Wishes” initiative, an extension of its long-standing partnership, to surprise children with critical illnesses across the country at local Subaru showrooms with wishes that Subaru retailers helped to grant.

The “Week of Wishes” expands on the 12-year partnership between the automaker and nonprofit. Since 2011, through the annual Subaru Share the Love® Event, Subaru and its retailers have donated more than $32 million, helping to grant more than 3,300 wishes in the United States. The partnership has enabled Make-A-Wish to grant wishes that deliver hope when it’s needed most.

“We have had the honor of granting thousands of wishes throughout our longstanding partnership with Make-A-Wish,” said Alan Bethke, Senior Vice President of Marketing at Subaru of America, Inc. “As the largest automotive donor to Make-A-Wish, we hope to provide children across the country with strength and positivity to fight against critical illness. Our Week of Wishes initiative is one of the many ways Subaru retailers are dedicated to giving back in their communities all year long.”

According to Make-A-Wish, approximately 27,000 children are diagnosed with a critical illness each year, and research shows that granting wishes can improve children’s quality of life and produce better health outcomes. A wish come true brings lasting impact to a wish kid, their family, and entire communities.

“Subaru and its retailers continue to provide support and exceed expectations for creating life-changing wishes for children with critical illnesses nationwide,” said Leslie Motter, president and CEO of Make-A-Wish America. “We are incredibly thankful for our longstanding partnership and look forward to continuing to work together to provide hope to wish kids and their families through initiatives like Week of Wishes, the Subaru Share the Love Event, and more.”

“Week of Wishes” surprises included:

Quality Subaru in Wallingford, NC, hosted a cheer-themed celebration to surprise a 12-year-old Hamden resident, Chloe, after helping to grant her wish for a “cheer cave” basement makeover. The event featured several local cheer teams doing stunts, and Chloe, who suffers from a blood disorder, and her family and friends got a sneak peek of what her cheer cave will look like when complete.Garcia Subaru North in Albuquerque, NM, surprised 13-year-old Alejandro, who has a malignant brain tumor and is losing his vision, with his wish to go on a shopping spree. He arrived at a red-carpet surprise party before being whisked away in a limo for his shopping spree at a local mall.Wakefield Subaru in Wakefield, MA, hosted a New York City-themed welcome home party that included a musical performance from a local theatre for 18-year-old Somerville resident, Sofia, after helping to grant her wish to travel to New York City.AutoNation Subaru Hilton Head, in Hilton Head, NC, hosted a beach-themed send-off party to surprise a 4-year-old Bluffton resident, Lillian, with her wish to play in the sunshine on St. Johns Island.Autobarn Subaru of Countryside in Chicago, IL, hosted a gaming-themed bash to surprise a 14-year-old suburban Chicago resident, Goel, with his wish for a gaming system. Goel, who has recently undergone a heart transplant, was surprised with his favorite things, plus exciting gifts for his brand-new gaming system.

Additional retailers, including Bill Kolb Jr. Subaru (Orangeburg, NY), Subaru of Cherry Hill (Cherry Hill, NJ), Subaru of Moon Township (Pittsburgh, PA), Hendrick Subaru (Birmingham, AL), Peoria Subaru (Phoenix, AZ), Scoggin-Dickey Subaru (Lubbock, TX) and Capitol Subaru (San Jose, CA) also hosted surprise “Week of Wishes” events for local wish children.

The “Week of Wishes” is part of Subaru Loves to Care, the health-focused philanthropic pillar of the automaker’s Love Promise vision to show love and respect to all people at every interaction with Subaru. To learn more about Subaru Loves to Care, please visit subaru.com/care.

About Make-A-Wish®

Make-A-Wish creates life-changing wishes for children with critical illnesses. Founded in Phoenix, Arizona, Make-A-Wish is the #1 most trusted nonprofit operating locally in all 50 states throughout the U.S. Together with generous donors, supporters, staff and more than 24,000 volunteers across the country, Make-A-Wish delivers hope and joy to children and their families when they need it most. Make-A-Wish aims to bring the power of wishing to every child with a critical illness because wish experiences can help improve emotional and physical health. Since 1980, Make-A-Wish has granted more than 550,000 wishes in 50 countries worldwide; more than 360,000 wishes in the U.S. and its territories alone. For more information about Make-A-Wish America, visit wish.org.

About Subaru of America, Inc. 

Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company’s vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $300 million to causes the Subaru family cares about, and its employees have logged nearly 88,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do. For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.

###

Media Contacts:

Diane Anton
Subaru of America, Inc.
(856) 488-5093
danton@subaru.com

Adam Leiter
Subaru of America, Inc.
(856) 488-8668
aleiter@subaru.com

Fernanda Horvath
Make-A-Wish America 
(602)792-3253
fhorvath@wish.org

PHILADELPHIA, July 21, 2023 /3BL/ – PNC Bank named Monica L. Burch as southeast territory executive for Community Development Banking, encompassing the states of Alabama, Florida, Georgia, the Carolinas, Maryland, Tennessee, Virginia and the District of Columbia.

Burch brings more than 20 years of professional banking experience to the role she will assume from Thurman “Tony” Smith, who previously led PNC’s community development and lending strategies for both the Southeast and Midwest markets. In her new role, she will be responsible for leading the regional implementation of PNC’s $88 Billion Community Benefits Plan that began in January 2022 and continues for four years.

“We are confident that Monica’s extensive experience in financial services and community engagement will help strengthen our ongoing commitment to advance economic empowerment, education and entrepreneurship opportunities for people and communities of color and in low to moderate-income communities across our southeast territory,” said Richard Bynum, chief corporate responsibility officer for PNC.

Prior to her appointment as southeast territory executive, Burch held several senior leadership positions within PNC including most recently as senior vice president and Community Development Banking market manager for the Philadelphia, Delaware and Southern New Jersey (PDSJ) markets. She also served for 13 years as a commercial credit underwriter with PNC’s Commercial Banking team, where she focused on middle-market companies with revenues up to $500 million and nonprofit organizations with up to $29 million in assets.

“Monica’s appointment to lead one of PNC’s largest territories reflects our confidence in her demonstrated ability to successfully lead community development banking’s efforts to deliver critical capital to underserved and under-resourced communities, as part of our $88 billion commitment,” said Reymundo “Rey” Ocañas, PNC Bank’s director of Community Development Banking.

PNC Bank, National Association, is a member of The PNC Financial Services Group, Inc. (NYSE: PNC). PNC is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.

CONTACT 
Asia Rambo 
(404) 495-6386 
asia.rambo@pnc.com 

CLEVELAND, July 24, 2023 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) provided a $4 million construction loan, $6.3 million in Low-Income Housing Tax Credit (LIHTC) equity and arranged permanent financing with a $10.1 million Freddie Mac TEL for the acquisition and rehabilitation of Salem Manor, an existing family affordable housing project that was at risk of being converted to market rate housing in Salem Oregon.

The project sponsor, Hampstead Development Partners, Inc., is an experienced developer focused on the development, acquisition and rehabilitation, and operation of affordable properties. KeyBank previously provided the acquisition bridge loan for resyndication for Hampstead to acquire and preserve this property.

Hampstead will immediately begin a $4 million rehabilitation of the property, which will include modernization of kitchens and bathrooms, full ADA accessibility upgrades to select units, upgrades to the buildings electrical system to ensure tenant safety, the addition of a fitness center and full exterior upgrades (windows, paint, siding, roofs) to select buildings that remain in original condition.

The project offers 64 total units for families and individuals earning no more than 60% of the area median income (AMI) and is subsidized by a Section 8 Housing Assistant Payment (HAP) Contract. The 10-building property is located on the eastern side of the City of Salem in a mixed-use neighborhood with major shopping, schools, and recreational amenities located nearby.

John Paul Vachon, Matthew Haas and Hector Zuniga of KeyBank CDLI structured the financing.

About KeyBank Community Development Lending and Investment

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

About 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 $195 billion at June 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.

Alkermes is honored to be selected for the Bell Seal for Workplace Mental Health at Platinum for the second consecutive year. This award, given annually by Mental Health America recognizes our commitment to fostering a mentally healthy workplace. 

As a company with a long history of supporting people affected by serious mental illness and addiction, mental health is woven into the very fabric of who we are as an organization. We believe that by investing in and implementing policies and practices to support our employees’ physical and mental well-being, we can create a safe, healthy, and supportive environment where everyone can thrive.

Read more about this honor: https://lnkd.in/eYQzUXuX

HOUSTON and ROTTERDAM, Netherlands, July 24, 2023 /3BL/ – LyondellBasell (NYSE: LYB) announced it received a rating of AA, on a scale of CCC to AAA, in the MSCI ESG Ratings Assessment and is now part of the ‘leader’ category. The new rating is an improvement from the ‘A’ status LyondellBasell received last year and is reflective of the actions the company has taken on carbon mitigation and its industry-leading corporate governance practices.

“Our ESG success is measured by the meaningful progress we continue to make on our climate strategy, transparency and the actions we take,” said Andrea Brown, LyondellBasell chief sustainability officer. “We believe in creating solutions for everyday sustainable living, and an important component of this is ensuring we maintain our momentum in progressing our ESG activities in a positive direction.”

AA ratings are awarded to the top 10% of companies within each sector included in the index — those who are leading their industry in managing the most significant ESG risks and opportunities. For more information, please see the MSCI ESG Ratings website.

Disclaimer
The use by LyondellBasell of any MSCI ESG Research LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of LyondellBasell by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

About us
We are LyondellBasell – a leader in the global chemical industry creating solutions for everyday sustainable living. Through advanced technology and focused investments, we are enabling a circular and low carbon economy. Across all we do, we aim to unlock value for our customers, investors and society. As one of the world’s largest producers of polymers and a leader in polyolefin technologies, we develop, manufacture and market high-quality and innovative products for applications ranging from sustainable transportation and food safety to clean water and quality healthcare. For more information, please visit www.lyondellbasell.com or follow @LyondellBasell on LinkedIn.

BUDAPEST, Hungary, July 24, 2023 /3BL/ – It’s been one year since Lenovo opened the doors of its first European in-house manufacturing facility, in Budapest, Hungary.

With one million units shipped, an award from the Hungarian government and a 20% increase in headcount, it has been an extremely eventful and impressive year. And they’re only just getting started.

We sat down with Szabolcs Zolyomi, GSC Site Leader, to find out not only what the factory has produced in terms of output since opening, but also what the factory has created for its employees and their communities.

A key factor in choosing to build the factory in Hungary was to be closer to Lenovo consumers throughout Europe, the Middle East, and Africa. And the benefits of the factory’s proximity to the EMEA markets can already be seen. So far, the factory has reduced CO2 emissions by more than 90%, due to reduced freight miles compared to the days when products were shipped from the US and China.

At the same time, this brought Lenovo closer to its customers and allowed for a deeper collaboration with the EMEA customer base. So far, the factory has conducted 180 client visits to the plant, which included giving customers guided tours and showcasing their products to offer a more in-depth understanding of how Lenovo’s new factories are built with consumers and employees at the forefront.

Lenovo has held the spot as the top provider on the TOP500 list of supercomputers for the last five years – and the opening of the Hungary factory has further secured their position, by providing products to some of the biggest supercomputers in Europe.

In the past year Lenovo’s Hungary factory has shipped products to Barcelona Supercomputing Centre, Spain, Leinbiz Supercomputing Centre, Germany and SURF, Netherlands, amongst many other HPC centres, continuing Lenovo’s contribution to high performance computing and helping to solve humanity’s greatest challenges.

Yet the factory’s impact over the past year extends far beyond its four walls. After increasing its headcount by 20% and indirectly creating 500+ jobs in the region, Lenovo has been recognized with an award from the Hungarian government for creating the most jobs in the country.

In addition to this, the factory has formally partnered with the local community through the Lenovo Foundation to provide volunteer work and technology to local schools and take part in blood donations in partnership with the Hungarian Red Cross Foundation.

A prime example of this is Lenovo’s involvement in Üllő’s only primary school, which enrolls 800 students, 20% of which need extra help due to their socially disadvantaged status or special education needs (e.g. SNI, mental disabilities).

Lenovo recognized the need for creating a learning environment specifically for children aged 10-14 and went about refurbishing the IT classrooms with new painting and decoration, as well as with 23 ThinkBooks and a projector. The goal was to increase the children’s chances to gain 21st century digital skills and to enable them to successfully enter the job market by ensuring access to an inclusive and up to date learning environment within their primary school. With the help of the volunteer work of 60 Lenovo employees and 360 volunteer hours, the IT classroom of the Üllő’s Primary School was completely renewed, and Lenovo’s contribution helped the students to get an even higher quality education.

The factory’s rapid impact in the community and beyond can also be attested to by the local taxi drivers, as the facility itself was built before the access road was built. As a result, nobody knew how to get there at first – not even a GPS. But now you can get into any taxi in Budapest, say, ‘Lenovo factory please,’ and every driver knows exactly where to go.

Beyond creating jobs, the factory also encourages diversity. There are currently 15 different nations represented in the workforce and the factory is designed to celebrate this diversity – through food, for example. The cafeteria runs weekly cycles in which they offer a different cuisine each week, from Chinese and Italian to Mexican. Everyone has an opportunity to try their national food whilst also experiencing others.

This mindset of inclusivity is evident across the factory, as they work to make everyone feel included, no matter their circumstances. This can be seen through the factory-hosted kids’ day, which was such a success it has formed one of the factory’s first traditions.

The day saw more than 100 children visiting the factory to gain a better understanding of where their parents go every day and what they do. The day has been described as the highlight of the year due to the collective happiness felt around the factory and will definitely be a fixed feature on the calendar going forward.

Over the last year Lenovo’s Hungary Factory has worked to honor the company’s commitment to reduce emissions and embrace diversity, while supporting and giving back to local communities. The factory embodies and enhances Lenovo’s essence, and we look forward to seeing what more they will achieve in the years to come.

Originally published in Paramount’s 2021-2022 Environmental, Social, and Governance Report

The impacts of climate change continue to accelerate around the world and are projected to worsen each year unless we take serious collective action on a global scale.

As a global media company, we are not a major emitter of GHG and we do not consider climate change to be a discretely material issue for our company. However, we cannot separate ourselves from the growing need for collective action. The impacts of climate change – from worsening storms, wildfires, and droughts to biodiversity loss and sea level rise – will profoundly affect the ways we live and how we must adapt in the future.

Our environmental strategy is focused on continuing to understand and mitigate environmental impacts across our company and value chain, and to use our content platforms to further raise awareness and inspire global action in response to the climate crisis. We work to address the unique challenges and opportunities present in the content and operations of each area of our business, from CBS Sports to Nickelodeon consumer products to Paramount Pictures and the Paramount Pictures Studio Lot. This work includes setting targets, reducing our emissions, engaging members of our value chain, and making our TV, film, and event productions more sustainable.

Understanding Our Impacts 

Our direct climate impacts consist of the GHG emissions from our operations and facilities, which include our leased and owned office buildings, broadcast television transmitters, data centers, and production studios. We also generate a combination of direct and indirect emissions when filming on location or in spaces that we do not directly own or lease. Other business-related activities – such as releasing our content to theaters and via streaming services; employee commuting, corporate and production-related travel; and the manufacturing and distribution of our licensed consumer products – also result in indirect emissions, some of which we track as part of our GHG inventory.

The effort to collect and estimate carbon emissions across our global portfolio is a process we will continue to improve upon and manage. In 2021, we expanded reporting on emissions sources in several areas, including by capturing commuter emissions data for the first time and working to better understand our supply chain impacts. We also began to include emissions estimates for our content production globally; previously we gathered these estimates for domestic brands only.

We are restating our emissions from 2019 and 2020 because of improved methodologies. This includes updating emissions factors and identifying more vendors or data sources. Our methodology of Scope 1 emissions calculation is partially based on consumption data and partially estimated as spend. Our spend on fuel increased significantly in 2021. A likely reason for the increase in emissions is an increase in fuel use on productions. We also see some increases in Scope 3 emissions from 2020, in categories like Purchased Goods & Services, Capital Goods, and Business Travel, for example. This is likely because they rebounded from 2020 lows.

Science-Based Emissions Targets 

Setting long-term emissions targets is a crucial part of our environmental strategy, as well as a mechanism for accountability. We plan to set these goals in line with the latest climate projections, and the Paris Agreement, working through the Science Based Targets initiative (SBTi). We reinforced our public commitment to this work in 2021 by joining the Business Ambition for 1.5° C, a global coalition of United Nations agencies and business leaders calling for science-based net zero emissions targets.

Also in 2021, we completed a reassessment of our 2019 emissions baseline, which will be used as the foundation for our SBTi goals. The updated analysis harmonized emissions inventories across legacy Viacom and legacy CBS, which used different calculation methodologies prior to the 2019 merger into ViacomCBS (now Paramount).

Working Toward Emissions Reductions 

In 2021, we launched a greenhouse gas emissions initiative pilot in the UK. This process has resulted in a holistic environmental sustainability strategy for the UK that aims to address our key environmental impacts across our ESG pillars: on-screen content related to climate change, workforce and culture through employee engagement and education, as well as setting targets and key performance indicators for a net zero strategy, beginning with a Scope 3 data assessment.

Simultaneously, we will use the findings from this ongoing pilot to assess the feasibility of scaling our net zero efforts to our company-wide, global emissions footprint. In 2021, we began mapping a matrixed emissions reduction strategy across brands, business units, and regions to account for the unique challenges and opportunities at these levels.

Measuring and Managing Our Climate Risks 

In 2021, we took major steps to better understand our exposure to various climate change risks. While we understand our environmental impacts to be less material to the company than our social impacts, we believe these risk assessments are an important element of our company-wide ESG strategy. We began a climate risk assessment – a three-phase process covering physical risks, transitional risks (such as changing regulations and requirements, like carbon taxes), and financial implications – to understand Paramount’s exposure to climate-related impacts to our global infrastructure and value chain. Working with S&P Sustainable1 (formerly S&P Trucost), a third-party consulting firm with expertise in this area, we received risk data for 100 sites, including owned-and-operated facilities, as well as several key sites within our value chain. In 2022, we will share the results of this analysis with relevant stakeholders, including members of our senior leadership team, and leaders in key business functions like facilities and real estate, finance, and risk – and will work with them to incorporate the results into our business practices where appropriate.

How We Are Reducing Our Emissions 

We are pursuing a range of strategies to reduce our direct and indirect GHG emissions across our global operations, from our offices to production-related activities.

One key area of focus is direct and indirect emissions associated with our television and film productions. Emissions from on-set energy use are mainly driven by fuel use from production vehicles and generators, followed by utility use for heating and cooling, lighting, and other equipment. We are working to improve productionlevel emissions tracking, renting hybrid or electric production vehicles, and utilizing grid tie-ins and batteries to reduce reliance on diesel generators. We continue to encourage the adoption of sustainable production guidelines across our brands and productions.

Production-related and other employee travel is another key driver of our overall emissions profile. In 2021, our travel emissions remained well below pre-pandemic levels, because travel was still largely restricted throughout the year. Even so, we continued with efforts to improve our footprint through enhanced data tracking and encouraging electric and hybrid vehicle rentals. Paramount’s Travel & Expense Policy now incorporates language to encourage travelers to book and travel more responsibly.

Learn more in Paramount’s 2021-2022 Environmental, Social, and Governance Report

KeyBank will open a new, full-service, state-of-the-art branch in Downtown Ithaca The new branch, located at 604 South Meadow Street, will open on July 31, 2023.

“We are excited about the opportunity this new branch provides for us to deepen the strong relationships we have in the Ithaca community,” said Steve Fournier, KeyBank Central New York Market President. “This new branch is yet another way KeyBank is investing in Central New York. We look forward to meeting and working more closely with our new neighbors, clients and community partners.”

In addition to high-touch banking services, this new state-of-the-art branch will offer full-service banking capabilities, feature digital video screens and a client hospitality area that can double as an area for financial seminars and group presentations with clients and the public, as well as a drive-up teller line, ATM and free parking. Longtime banker Spencer Nicoson will serve as branch manager at the new location.

“KeyBank’s new branch in Ithaca is uniquely designed to give our clients a more personal banking experience, with even better access to a full suite of products and services,” said Nicoson. “We are excited to bring this more consultative approach to Ithaca and demonstrate our commitment to helping our clients move forward on their financial journey.”

In addition to helping individuals and families achieve their financial goals, the new Ithaca branch will also serve clients seeking to develop and grow businesses in the area.

As part of the opening of this new branch, KeyBank is consolidating its branches located at 300 North Tioga Street and 2315 North Triphammer Road into the new location on South Meadow Street. The facility on North Tioga Street was sold to Tompkins County in 2022 and temporarily leased back by KeyBank. The North Tioga Street property is currently being considered for a Tompkins County Center of Government facility.

Since 2017, KeyBank has made more than $599 million in investments in Central New York, supporting affordable housing and community development projects; small business and home lending to low-to-moderate income individuals and communities, and transformative philanthropy.

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

ABOUT KEYBANK

KeyBank’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 $195 billion at June 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.

CFMA #230710-2158288

Tuberculosis (TB) is the second deadliest infectious disease, causing 1.5 million deaths globally every year. More than 80%1 of cases and deaths due to TB occur in lower- and middle-income countries. People who are immunocompromised are especially at risk of contracting the bacteria that causes TB, and people living with HIV are 16 times more likely to develop active TB.1 Multidrug-resistant TB (MDR-TB) remains a public health crisis and a health security threat, with only about one in three people with drug-resistant TB able to access treatment.

We are uniquely engaged in partnerships to address TB, including through our efforts to bring new treatments addressing drug-resistant TB more equitably to patients around the world. Viatris has launched pretomanid, specifically approved for adults with MDR-TB. It’s only the third new anti-TB drug approved in the past half-century.

In 2022, we partnered with MedAccess and TB Alliance to reduce the price of pretomanid, by 34%.2 Pretomanid is part of two new treatment regimens with high efficacy and shorter treatment durations recently recommended by the WHO as the preferred regimens for most people with drug-resistant TB. Viatris has been working with health authorities and HCPs to scale access to the product. In 2022, we supplied 3,000 treatments of pretomanid, completed 21 registrations, and are awaiting approval in 13 additional countries.

Eight countries, including India, together account for more than two thirds of the global total of TB cases. In India, where approximately 45,000 people are being treated for MDRTB, we supplied access to delamanid, a drug used to treat MDR-TB, to approximately 10,000 patients in 2022 in support of the government’s mission to Make India TB Free by 2025. We also began planning a new community-based project to help control TB in the rural and tribal areas of the Gadchiroli district in Maharashtra, which lacks reliable health services, and sponsored the India Fights TB portal, which will provide support for TB patients, their families and caregivers in four states with high TB burden. We have also partnered with India’s planning commission, NITI Aayog, under the guidance of Central TB Board, to increase awareness, enhance screening and provide access to quality healthcare in the model district of Bahraich in Uttar Pradesh. Further, Viatris has facilitated screening of more than 1 million people and helped 700 patients access the public health TB program.

While global TB burden is concentrated in certain countries, TB occurs in every part of the world. We operate a namedpatient access program in Europe, enabling pretomanid to reach patients in 12 European countries in 2022. In addition, we helped secure public reimbursement for the treatment in Belgium, Italy and Poland.

In 2022, we also received reimbursement approval for pretomanid in South Korea from the Health Technology Assessment (HTA) authority, Health Insurance Review Agency (HIRA), marking the first new Viatris drug to get approved and reimbursed in the country. Starting in 2023, extensively drug-resistant TB (XDR-TB) patients in South Korea can be treated with pretomanid for no charge. We signed on with the Korea National TB Association (KNTA) to become a member of the STOP-TB Partnership KOREA program, which aims to eradicate TB in the country.

Stemming the Tide of Hepatitis B and C

We also work to stem the tide of hepatitis. About 354 million people worldwide are living with hepatitis types B and C and treatments and prevention often remain out of reach in low- and lower-middle-income countries.3 In 2022, we received approval in the Philippines for tenofovir alafenamide, indicated for hepatitis B, which affects about 17%, or 7 million Filipinos.3 To increase disease awareness, we plan to offer patient screenings to colleagues, are partnering with the Hepatitis Society of the Philippines’ Viral Hep Workshop among physicians and are actively working with the government to help ensure access when the product launches in 2023.

Thailand has a high incidence of hepatitis B and C, which increases the risk of liver cancer, one of the country’s leading causes of death. Many people don’t know that they have hepatitis, so our team partners with the Liver Foundation of Thailand, the Thailand Department of Disease Control, and the Thailand Hepatitis Alliance on the Hepatitis Screening Camp, who help identify those infected and enable access to treatments. In the past five years, the project has identified and provided treatment courses for more than 30,000 people living with hepatitis in Thailand.

View the full 2022 Sustainability Report here.

1WHO Tuberculosis Fact Sheet 
2MedAccess press release 
3WHO Hepatitis Facts