KeyBank and Mile High United Way To Host Free Tax Prep Event in Aurora on Feb. 21

Mile High United Way logo and KeyBank logo

Mile High United Way and KeyBank are teaming up once again to help Coloradans file their taxes at no cost during the annual Super Refund Saturday event, scheduled for February 21 at the Tigria Community Center in Aurora, Colorado.

The event, running from 9:00 a.m. to 2:00 p.m., brings together KeyBank employees and volunteers from Mile High United Way’s Tax Help Colorado program to assist low- to moderate‑income individuals and families. The goal is to ensure eligible taxpayers claim the Earned Income Tax Credit (EITC), a federal benefit that can significantly boost refunds for qualifying workers.

Appointments for the free tax‑preparation services can be booked through Tax Help Colorado’s website. Participants do not need to be KeyBank customers to receive assistance.

Mile High United Way President and CEO Christine Benero said the partnership continues to play a critical role for families who rely on their tax refund as a major source of annual income. “For many of these families, their refund check is the biggest check they receive all year,” Benero said. She emphasized that the collaboration helps ensure residents get the refunds they are owed.

KeyBank Colorado Market President Chris Picardi called Super Refund Saturday a cornerstone of the bank’s community commitment. “We are once again excited to work with Mile High United Way to support our neighbors with free tax preparation services,” he said.

The EITC provides financial relief to working individuals and families meeting certain income and filing requirements. To receive the credit, eligible taxpayers must file a return—even if they are not required to do so otherwise. Income thresholds vary depending on filing status and number of children.

Organizers encourage attendees to bring required documents, including a state‑issued photo ID, Social Security cards or ITIN letters, W‑2 and 1099 forms, unemployment statements if applicable, childcare payment documentation, and bank account information for direct deposit. Those filing jointly should bring documentation for both spouses.

Super Refund Saturday aims to make the tax‑filing process accessible and less confusing while helping Coloradans retain refunds that often make a substantial difference in their household budgets.

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Mastercard: The Power of Data To Unlock More Inclusive Financial Experiences

Originally published by Mastercard

The power of data

In today’s digitized world, data is everywhere – it provides insights into behavior and actions, informs decision-making, and drives innovation. When handled in a responsible, trusted manner, data can unlock improved experiences for both consumers and small businesses. One way this is achieved is through open finance, which enables the secure, consented sharing of financial data.

With its use of alternative data to build a more holistic picture of an individual’s or small business’s financial health, open finance helps drive inclusion for those that historically may have lacked access to diverse financial services.

At the Mastercard Center for Inclusive Growth, our Mastercard Strive USA program is helping a growing number of small businesses get capital, go digital, and grow know-how and networks. Since 2022, the program has:

  • Delivered business support services to more than 1.97 million small businesses[1]
  • Enabled the deployment of $47+ billion in loans via more than 700 community institutions[2]

Small businesses continue to be the backbone of our economy employing nearly half of the American workforce, 70% of new jobs created since 2019[3], and representing 43.5% of America’s GDP[4]. The need to efficiently reach and support small businesses is greater than ever, especially as many continue to face challenges in accessing capital and achieving growth. A recent study by Goldman Sachs states that more than 75% of surveyed small businesses are worried about access to credit[5].

One powerful avenue to bridge this gap is through Community Development Financial Institutions (CDFIs). With over 1,400 CDFIs across the US[6] including community development banks, credit unions, loan funds, and venture capital funds - CDFIs specialize in serving underserved communities by providing access to credit and business coaching – from financial health to support like marketing and accounting.

In recent years, the critical role of CDFIs has come to the forefront. From helping small businesses recover from the COVID-19 pandemic to climate-related disasters like hurricanes and wildfires, CDFIs have acted as first responders for acute economic crises. In fact, CDFIs deployed billions in federal relief to small businesses through the Paycheck Protection Program (PPP). One analysis found that more than 25%[7] of loans made by CDFIs went to businesses in high poverty areas, more than double the share of loans made by the nation’s top 50 banks[8].

While capital is critical fuel to help small businesses grow, so too is long term relationship building – maintaining and deepening that relationship over time delivers benefits to both the CDFI and the entrepreneur. To increase stickiness, CDFIs can leverage open finance to help small businesses with the personalized insights they seek to continue to operate and scale. Our research shows that 85% of entrepreneurs are looking for customized financial recommendations[9] derived from their business data which CDFIs, with their proximity and trusted relationships, can deliver effectively.

CDFIs support small businesses in meaningful ways that drive growth, but the institutions themselves face significant challenges including staffing, high acquisition costs, thin operating margins, and high customer turnover. According to the Federal Reserve Bank of Richmond’s 2023 CDFI Survey, three out of four CDFIs[10] saw an increase in demand for products and services over the past year, and a similar percentage expects demand to continue increasing. The data shows that it is essential for CDFIs to embrace digital solutions that provide real-time insights and streamline service delivery – helping them meet the growing demand from entrepreneurs in a cost-effective and scalable way.

Unlocking insights to drive inclusion

Community Reinvestment Fund, USA (CRF) is a CDFI headquartered in Minneapolis, MN and has been a community lender for more than 35 years. It has grown from a local lender to a national support organization for hundreds of CDFIs across the country by building and delivering digital platforms that enable liquidity through participation programs, direct lending, and technology services to the community development finance industry. Specifically in recent years, it has received generous support from Mastercard Strive USA, among other funders, to build and enhance digital technology solutions that help CDFIs across the U.S. reach and better serve the small businesses in their communities.

To help address the technical, staffing, and financial constraints CDFIs face, CRF Insights was launched as an interactive dashboard for CDFIs to view real-time data and insights about their small business customers. These insights can help business coaches and lenders develop tailored advisory services to position their customers for success with the potential to improve reporting outcomes and enhance portfolio management processes. CRF Insights leverages Mastercard’s Open Finance, powered by Finicity, a Mastercard company, which provides secure, consented data to provide a more complete view of a small business’ financial health.

When a business uses Mastercard’s open finance integration with CRF Insights, it can retrieve up to two years of transaction data in a matter of seconds. This near real-time process replaces the painstaking manual collection of statements and data input with a safe, streamlined technology service. CDFIs, business support organizations, and small businesses all benefit from the streamlined process and additional insights that come from the open finance integration of CRF Insights.

Enabling the consented data via open finance (where users consent to which accounts to link and which data to share) helps enrich CRF Insights – fueling a structured and normalized view that offers CDFIs a more comprehensive view of the success of the small businesses they support. According to Accompany Capital, a NYC-based CDFI that has been using CRF Insights to support their lending and portfolio management efforts since the pilot launch in Spring of 2024, “Insights’ open-finance capabilities can provide a streamlined approach to accessing borrowers’ complete financial picture from a shared point of view, enabling the organization to structure better outcomes for the clients they serve and avoid collections whenever possible. This data-driven approach empowers the team to proactively restructure loans, when necessary, support borrower re-engagement, and align internal teams around a shared understanding of the client’s financial position.”

This is just one example of how open finance can be a game-changer for financial inclusion, allowing small businesses to unleash the power of their data to access innovative and improved financial experiences.  

A partnership rooted in trust

Mastercard has long been committed to protecting financial data for consumers and small businesses guided by our data and tech responsibility principles, which encapsulate the foundational promises that we extend to our work with customers and partners. Trust and transparency are key to a digital economy that works for all. This is at the center of our global approach to open finance and will continue to be.

Our partnership with CRF, a Mastercard Strive USA partner, unlocks the possibility to offer more insights to CDFIs to better meet the needs of their customers across the US, helping small businesses thrive today, and in the future. To date, CRF has injected more than $3.6 billion[11] to stimulate job creation and economic development across the U.S. and, alongside its CDFI partners, has deployed federal funding with our support in NY, NJ, IL, CA, NV and several other states. CRF’s programmatic approach is responsible for $1.2 billion of this deployment to more than 25,000 businesses since 2020[12]. The organization plans to build upon these efforts and aims to launch several state/regional small business loan programs in the coming years. As our relationship evolves, we look forward to the continued partnership with CRF to deliver access to innovations, capital, and support to small businesses across the US that enables them to thrive.

Continue reading here.

Follow along Mastercard’s journey to connect and power an inclusive, digital economy that benefits everyone, everywhere.
 

[1] DAI, Mastercard Strive USA: Small Business Reach & Capital Deployed, 2022-2024.
[2] DAI, Mastercard Strive USA: Small Business Reach & Capital Deployed, 2022-2024.
[3] Source: https://home.treasury.gov/news/featured-stories/small-business-and-entrepreneurship-in-the-post-covid-expansion
[4] Source: See the data behind America’s small businesses. | U.S. Chamber of Commerce
[5] Source: Small Businesses are Facing a Credit Crunch | Goldman Sachs
[6] Source: CDFI Fund- CDFI Fund Annual Report Fiscal Year 2024
[7] Source: https://pmc.ncbi.nlm.nih.gov/articles/PMC10028688/pdf/10.1177_08912424231163485.pdf
[8] Source: https://pmc.ncbi.nlm.nih.gov/articles/PMC10028688/pdf/10.1177_08912424231163485.pdf
[9] Source: Open Banking Solutions for Small Businesses
[10] Source: 2023 Federal Reserve CDFI Survey | Richmond Fed
[11] Source: CRF Data 2025
[12] Source: CRF Data 2025

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United Nations Calls for Global Observance of Olympic Truce To Ensure Safe Passage for Athletes and Officials Attending Milano Cortina 2026

International Olympic Committee news

With seven days to go to the Opening Ceremony of the Milano Cortina 2026 Olympic Winter Games, the President of the United Nations General Assembly (UNGA), Annalena Baerbock, issued a solemn appeal urging all Member States to uphold the Olympic Truce. This is a longstanding tradition ensuring safe passage for athletes and officials attending the Olympic Games. President Baerbock welcomed the leadership of Olympic athletes in promoting peace and human understanding through sport and the Olympic ideal.

Key facts

  • 30 January marks the first day of the Olympic Truce period for Milano Cortina 2026.
  • UNGA President Annalena Baerbock issued a solemn appeal calling on all UN Member States to support and uphold the Truce.
  • President Baerbock recalled that the Olympic Games bring together athletes from all parts of the world in the greatest of international sports events as a means to promote peace and mutual understanding.

The appeal emphasises that: “The Olympic Truce proves that, even in times of division, humanity can still find common ground through sport, and that through friendly competition we can rise above our divisions and reaffirm our common humanity.”

The appeal recalls the unique role of the Olympic Games in bridging divides: “The Games will bring together athletes from all parts of the world in the greatest of international sports events as a means to promote peace, mutual understanding, the rule of law and goodwill among nations and peoples — goals that are also part of the founding values of the United Nations.”

“I solemnly appeal to all Member States to demonstrate their commitment to the Olympic Truce for the Milano Cortina 2026 Olympic and Paralympic Winter Games, and to undertake concrete actions at the local, national, regional and world levels to promote and strengthen a culture of peace and harmony based on the spirit of the Truce,” President Baerbock said.

Read the complete text of the solemn appeal here

The Olympic Truce

The tradition of the “Olympic Truce”, or “Ekecheiria”, was established in Ancient Greece to allow safe participation in the ancient Olympic Games for all athletes and spectators.

The International Olympic Committee (IOC) decided to revive the concept of the Olympic Truce for the Olympic Games, with a view to protecting, as far as possible, the interests of the athletes and sport in general, and to harness the power of sport to promote peace, dialogue and reconciliation more broadly.

Since 1993, the United Nations General Assembly has repeatedly expressed its support for the Olympic Truce ideal and for the IOC’s mission by adopting, every two years – one year before each edition of the Olympic Games – a resolution entitled “Building a peaceful and better world through sport and the Olympic ideal”.

The Olympic Truce Resolution for Milano Cortina 2026 was adopted on 19 November 2025 by the 80th Session of the UNGA in New York. The resolution calls on Member States to observe the Olympic Truce from seven days before the start of the Milano Cortina 2026 Olympic Winter Games (6 to 22 February 2026) until seven days after the end of the Paralympic Winter Games (6 to 15 March 2026), ensuring safe passage and participation for athletes and officials.

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Reuben Trane Named to the 2026 Class of the National Inventors Hall of Fame

February 9, 2026 /3BL/ – Trane Technologies, a global climate innovator, is proud to announce that Reuben Trane will be inducted into the National Inventors Hall of Fame (NIHF) as a member of the 2026 class. This distinguished honor recognizes Trane’s legacy as a pioneering engineer whose vision and technological breakthroughs in heating, air conditioning and climate control transformed modern living, working and built environments.

Reuben Trane co-founded The Trane Company in 1913 with his father, James, and sister, Stella in La Crosse, Wisconsin. A mechanical engineer and prolific inventor, he is widely credited with advancing the HVAC industry through innovations such as the 1926 convector radiator, the coil which revolutionized building heating.

Under his leadership, The Trane Company grew from a small family business into a global leader in sustainable climate solutions. His commitment to ingenuity, engineering excellence, and high‑quality design continues today and shapes the culture and mission of Trane Technologies.

“Reuben Trane was ahead of his time—a visionary whose innovations have improved the comfort, health, and productivity of millions,” said Mauro Atalla, Senior Vice President and Chief Technology and Sustainability Officer, Trane Technologies. “His induction into the National Inventors Hall of Fame honors his pioneering contributions, which continue to influence who we are as a company. We proudly build on his legacy every day as we create bold solutions for a sustainable future.”

Reuben Trane will be formally inducted into the National Inventors Hall of Fame on May 7, 2026. His great‑great‑grandson, Reuben Trane IV, a current Trane Technologies HVAC Systems Development Engineer, will accept the honor on his behalf.

This recognition places Trane among an esteemed group of inventors whose contributions have advanced industries, strengthened global infrastructure, and significantly enhanced quality of life worldwide. Among this distinguished group is Frederick McKinley Jones, who was inducted into the National Inventors Hall of Fame in 2007. Jones invented the first portable air‑cooling unit for trucks in 1938 and co‑founded Thermo King two years later. Now part of Trane Technologies, Thermo King is the global leader in sustainable transport climate‑control solutions.

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

About the National Inventors Hall of Fame
The National Inventors Hall of Fame is the premier nonprofit organization in America dedicated to recognizing inventors and invention, promoting creativity, and advancing the spirit of innovation and entrepreneurship. Founded in 1973 in partnership with the United States Patent and Trademark Office, the Hall of Fame is committed to not only honoring the individuals whose inventions have made the world a better place, but to ensuring American ingenuity continues to thrive in the hands of coming generations through its national, hands-on educational programming and collegiate competitions focused on the exploration of science, technology, engineering and mathematics. For more information, visit invent.org. To nominate an inventor for Induction, visit invent.org/nominate.

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Spreading Joy and Relief in Times of Need

What You Should Know:

  • In 2024, Bath & Body Works expanded its pilot with Good360 into a chainwide program across the U.S. and Canada, establishing the organization as a primary partner for disaster relief and major product donations.
  • In 2024, Bath & Body Works donated more than 1.4 million personal care items to support hygiene needs in underserved communities and disaster relief efforts.
  • In January 2025, Bath & Body Works contributed $50,000 to World Central Kitchen to help provide fresh meals and water to those impacted by the wildfires in Southern California and partnered with Good360 to support these communities with Bath & Body Works personal care items.

Bath & Body Works is fortunate to be a brand whose products are enjoyed by customers worldwide, and it’s an honor to donate products in moments when people need them most.

Bath & Body Works has a long history of supporting communities through its in-kind donations, providing products to nonprofits that help meet everyday needs. As a key example of this commitment, since early 2023, Bath & Body Works has worked with Good360 to find donation outlets across different markets for marked-out-of-stock products (products that will no longer be sold to customers, e.g., end-of-season products). With Good360’s vast network of more than 100,000 nonprofit partners, the brand is able to expand the amount of product donated and direct it to where it’s needed most — shelters, food banks, disaster recovery and more.

In 2024, Bath & Body Works scaled its partnership from a pilot to a chainwide initiative across the U.S. and Canada and made Good360 a main partner for disaster relief and other large product donations. The brand also made requesting donated products even easier with a new co-branded online platform where nonprofit partners can apply for the donated products they need when they need them.

Product donations and community support make a powerful difference in the lives of those facing unimaginable hardships in the aftermath of natural disasters. By addressing immediate needs and providing comforts that uplift spirits, communities can rebuild and find hope. In 2024, to help ensure coordination and collaboration during times of crisis, Bath & Body Works was honored to be invited to join the Good360 Disaster Recovery Council. Together, the Council seeks to proactively prepare for disasters and ensure that resources are distributed fairly and equitably to those in need.

Here are some additional examples of Bath & Body Works’ commitment to giving back in the communities they serve:

Recent Highlights

  • In 2024, Bath & Body Works donated more than 1.4 million personal care items to support hygiene needs in underserved communities and disaster relief efforts.
  • In 2024, the Bath & Body Works Foundation donated $250,000 to the American Red Cross to assist with on-the-ground natural disaster recovery efforts including safe shelter, hot meals, emotional support and resources to aid in recovery. These funds were leveraged in the aftermath of hurricanes Helene and Milton, and the devastating wildfires in Southern California, to support our associates and their communities.
  • In January 2025, Bath & Body Works contributed $50,000 to World Central Kitchen to support the provision of fresh meals and water to those impacted by the wildfires and partnered with Good360 to support these communities with Bath & Body Works personal care items.
  • For National Laundry Day 2025, the brand donated more than 3,000 detergent products—enough for 200,000 small loads of laundry —to Star House and Good360.

Learn more about Bath & Body Works’ contribution to Good360 in the 2024 Sustainability & Impact Report. For more information about Good360, visit good360.org.

Posted in UncategorizedTagged

Spreading Joy and Relief in Times of Need

What You Should Know:

  • In 2024, Bath & Body Works expanded its pilot with Good360 into a chainwide program across the U.S. and Canada, establishing the organization as a primary partner for disaster relief and major product donations.
  • In 2024, Bath & Body Works donated more than 1.4 million personal care items to support hygiene needs in underserved communities and disaster relief efforts.
  • In January 2025, Bath & Body Works contributed $50,000 to World Central Kitchen to help provide fresh meals and water to those impacted by the wildfires in Southern California and partnered with Good360 to support these communities with Bath & Body Works personal care items.

Bath & Body Works is fortunate to be a brand whose products are enjoyed by customers worldwide, and it’s an honor to donate products in moments when people need them most.

Bath & Body Works has a long history of supporting communities through its in-kind donations, providing products to nonprofits that help meet everyday needs. As a key example of this commitment, since early 2023, Bath & Body Works has worked with Good360 to find donation outlets across different markets for marked-out-of-stock products (products that will no longer be sold to customers, e.g., end-of-season products). With Good360’s vast network of more than 100,000 nonprofit partners, the brand is able to expand the amount of product donated and direct it to where it’s needed most — shelters, food banks, disaster recovery and more.

In 2024, Bath & Body Works scaled its partnership from a pilot to a chainwide initiative across the U.S. and Canada and made Good360 a main partner for disaster relief and other large product donations. The brand also made requesting donated products even easier with a new co-branded online platform where nonprofit partners can apply for the donated products they need when they need them.

Product donations and community support make a powerful difference in the lives of those facing unimaginable hardships in the aftermath of natural disasters. By addressing immediate needs and providing comforts that uplift spirits, communities can rebuild and find hope. In 2024, to help ensure coordination and collaboration during times of crisis, Bath & Body Works was honored to be invited to join the Good360 Disaster Recovery Council. Together, the Council seeks to proactively prepare for disasters and ensure that resources are distributed fairly and equitably to those in need.

Here are some additional examples of Bath & Body Works’ commitment to giving back in the communities they serve:

Recent Highlights

  • In 2024, Bath & Body Works donated more than 1.4 million personal care items to support hygiene needs in underserved communities and disaster relief efforts.
  • In 2024, the Bath & Body Works Foundation donated $250,000 to the American Red Cross to assist with on-the-ground natural disaster recovery efforts including safe shelter, hot meals, emotional support and resources to aid in recovery. These funds were leveraged in the aftermath of hurricanes Helene and Milton, and the devastating wildfires in Southern California, to support our associates and their communities.
  • In January 2025, Bath & Body Works contributed $50,000 to World Central Kitchen to support the provision of fresh meals and water to those impacted by the wildfires and partnered with Good360 to support these communities with Bath & Body Works personal care items.
  • For National Laundry Day 2025, the brand donated more than 3,000 detergent products—enough for 200,000 small loads of laundry —to Star House and Good360.

Learn more about Bath & Body Works’ contribution to Good360 in the 2024 Sustainability & Impact Report. For more information about Good360, visit good360.org.

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Introducing Keysight’s Novel Assembly Simulation Software: The New Standard for Automotive Body-In-White Assembly Distortion Engineering

By Mark Vrolijk, Product Marketing, CAE

Introduction

In today’s automotive world, digital transformation is rapidly reshaping every corner of the industry—but one area has remained surprisingly traditional: Body-in-White (BIW) assembly. While simulation tools have revolutionized stamping and crash testing, the actual assembly process still leans heavily on physical tryouts and late-stage corrections. That is, until now.

Keysight is unveiling a brand-new solution set to transform how engineers approach BIW assembly. Called simply Keysight Assembly, this new software promises to empower automotive manufacturers with early insight, seamless integration, and a dramatically more intuitive user experience.

To learn more, Mark Vrolijk, Keysight’s product marketing manager for the Virtual Manufacturing portfolio, sat down with San Gooroochurn, the product manager behind this next-generation simulation tool, for an in-depth conversation about what makes this solution so different—and why it’s arriving at just the right time for the automotive industry.

Mark: Hi San, thanks for joining us today. Could you start by telling a bit about your background and how your career led you to this point?

San: Starting from my educational background: I have a dual degree; a master’s in mechanical engineering from Central Lyon (ENISE, St. Etienne, France) and an MBA from Colorado Technical University (Colorado Springs, CO, USA).

I started my professional career in the manufacturing sector as a welder and workshop supervisor nearly 30 years ago. Along the way, I worked and acquired firsthand experience in many countries (Mauritius, France, Belgium and USA) and in many industries (Construction & Manufacturing, Steel Production, Automotive, Research & Development and Software).

I have been in the software industry for 18 plus years with ESI, now Keysight, using my past manufacturing, research and educational background to approach complex industrial challenges in pragmatic ways and to provide realistic modeling solutions to customers in various industries across disciplines.

Since 2022, I embarked in a new endeavor as a Senior Product Manager, working alongside a team of highly talented software developers, mechanical and materials engineers and UX designers to deliver the next generation Assembly Simulation Software, focused on providing an enhanced user-oriented software solution to customers for resolving real life assembly challenges related to Automotive Body In White Assemblies.

Today, we are proudly releasing the first version of Keysight Assembly, a simulation software tool which is a product of our hard work and the collaboration and guidance of our early adopters.

Mark: Great, now turning to today’s topic—for those who might not be too familiar with how automotive bodies are put together, can you walk us through the current BIW assembly process?

San: Sure. In today’s automotive world, assembling the body structure—the Body-in-White—is primarily done using resistance spot welding. It’s the standard method for joining sheet metal components, and even though there are new joining technologies being developed, spot welding is still the most important one because it’s fast, reliable, and cost-effective.

The BIW is essentially the skeleton of the vehicle, made up of stamped steel or aluminum parts. These parts are brought together in robotic assembly lines, where arms equipped with spot welding guns fuse them together. The actual process involves pressing two or more overlapping sheets of metal with copper electrodes and running a high electrical current through them. The resistance at the contact point generates heat, and that’s what creates the weld. It happens in milliseconds, and one car can easily have over 3,000 of these welds.

It’s quick and works well at scale, but there are issues. Forming tolerances and springback can introduce gaps at the weld locations, and that can cause dimensional problems or inconsistent weld quality. So engineers are constantly trying to manage those small variations to keep everything in spec.

Mark: That definitely highlights the challenges. So where does simulation fit into all this today?

San: Simulation is already well-established in other parts of automotive manufacturing—like forming simulations for stamping or crash simulations for safety analysis—but when it comes to BIW assembly, simulation isn’t used as widely as people might expect. Some innovative OEMs are starting to adopt it, but the traditional approach still relies on physical try-outs.

Usually, engineers will wait until late in the development process when production-intent parts and fixtures are ready. They build up the body, measure the result, and then make adjustments. If distortion shows up at that point, it’s a problem. Fixing it can require redesigns, changes to welding sequences, or even modifications to the fixtures—and all that eats into budgets and could even potentially delay the start of production.

Mark: So how does your new solution change that picture?

San: Our goal with Keysight Assembly is to move those decisions much earlier in the process. With this software, engineers can simulate any sub-assembly of the Body-In-White, like doors, hoods, bodyside etc, in a virtual environment—well before any physical parts or tools exist.

It’s built to be useful at every stage. In the concept phase, you can use it with nominal CAD geometry to quickly setup the global production intent and explore different clamp and weld setups. Then, when forming simulation data becomes available, you can include realistic distortions like springback, which is critical for predicting gaps and internal stresses. Later on, once you have scanned components of even entire sub-assemblies, those can be imported as well to bring the simulation even closer to reality.

The beauty of it is that you’re working with the same model the whole way through, just updating it as better inputs become available. That means you’re not constantly starting over, and you can keep refining your understanding of how the body will behave. It really reduces surprises and lets you solve problems before they turn into production issues.

Mark: That sounds like a major shift. There are already some tools on the market, though. What sets this solution apart?

San: What really makes this tool different is how it’s been designed from the ground up with usability and accessibility at its core. Our goal was to empower assembly process engineers—not just experienced FEM users—to take control of virtual validation. A lot of existing tools in the market fall into one of two extremes.

On one end, you have highly advanced FEM-based platforms that offer strong predictive capabilities—but they’re also extremely complex. They require deep simulation expertise, long training cycles, and often a dedicated team just to operate them effectively. That creates a barrier for most body-in-white (BIW) manufacturing engineers who need quick, actionable insights and often lack (in-depth) FEM and meshing knowledge.

On the other end, there are simplified assembly tools designed to maximize ease of use. But these often over-simplify the real process, skipping critical details like material behavior, realistic gaps, or thermal distortions. As a result, they work well only for basic configurations, but their predictive value quickly breaks down in more complex or realistic setups, which is exactly when you need simulation the most.

Our solution is aiming for the right balance. It’s built with an assembly process-driven workflow that mirrors shop-floor logic—clamping, joining, measuring—and it features a graphical drag-and-drop interface that lets engineers define assembly cells and sequences just like they would in reality. Even complex lines can be configured in minutes.

At the same time, we’ve made sure it’s open and powerful enough for FEM experts, who can dive deeper when needed. They can access detailed solver parameters, material models, and mesh control to push the predictive boundaries and fine-tune results.

So whether you’re a manufacturing engineer needing quick insight or a simulation expert looking to optimize a process to the finest detail, Keysight Assembly assists you at any level—intuitive for newcomers, detailed for specialists, and predictive across the full spectrum of assembly complexity.

Mark: That’s impressive. Anything in the tool that deals with getting results earlier and faster compared to current practice?

San: Yes—and that’s actually one of the most important developments in the tool. In early phases of assembly process planning, accurate stamped part data or 3D scans often just don’t exist yet. Traditionally, engineers are forced to work with nominal CAD geometry—clean, perfect shapes that look great on screen but don’t reflect the realities of manufacturing.

But in the real world, stamped parts come with imperfections: springback, warping, surface waviness, you name it. These small deviations might seem minor, but when you try to clamp and weld them in an assembly, they can cause significant distortion. Gaps that form between parts are forcibly closed by clamps, generating hidden stresses. Once the structure is welded and then unclamped, these stresses are released—and that’s when unexpected distortions appear.

If you’re only simulating the perfect nominal CAD shape, you miss all of that. The results might look fine, but they’re not highly predictive. That’s why we introduced a unique feature: realistic geometry generation. It creates non-nominal part shapes automatically using just three basic inputs: the part’s geometry, its material type, and thickness. That’s it—no need to be a stamping simulation expert or rely on detailed springback data.

This approach gives assembly engineers a powerful head start. They can generate plausible distorted shapes, entirely within defined tolerances, and use them to evaluate distortion effects much earlier in the process. That means they’re no longer dependent on the stamping team to move forward—they can explore and validate weld and clamp strategies on their own, weeks or even months earlier than before.

On top of that, we also support the import of full sub-assembly scans. That’s a huge benefit, especially for OEMs that outsource parts of their body structure. Instead of waiting for physical parts to arrive on-site, engineers can simply use scan data to simulate the assembly process digitally and validate results early.

By combining early, realistic input without needing stamping expertise and digital validation using scan data, we’re closing a critical gap in today’s development cycle—bringing actionable insights to the assembly engineer much earlier and with far greater realism.

Mark: What about materials and quality control? Are those supported too?

San: Definitely. We have a built-in automotive material database, so users don’t have to manually source or input material properties. That saves time and reduces setup errors.

And for quality control, there’s a virtual quality inspection cell (QC) inside the tool that works just like a real inspection station. It lets you measure dimensional deviations, internal stresses, clamp forces, and component gaps—both before and after welding. That data helps engineers apply the right countermeasures and improve overall assembly quality based on solid, physics-driven insights.

Mark: That’s quite a lot. I’m curious—how did you build all of this? Was it all developed in-house?

San: Actually, no. That’s another important part of the story. When we started, we didn’t just sit in a room and developed a product based on what we thought people wanted. We had a pretty novel concept in mind—a new way to approach assembly—but we weren’t sure how the industry would respond.

So we started by building a prototype that focused more on the graphical interface and workflow, rather than hardcore FEM. Then we went to some of the big OEMs to show them what we were thinking.

The feedback was overwhelmingly positive—but they also told us that what we had in mind wasn’t ambitious enough. So we teamed up with a few early adopters and really developed the product together.

It was an iterative process. They’d give feedback, we’d refine features, and we made sure the language and flow of the tool matched how real engineers think and work. We also made integration a top priority, so it would plug right into their existing CAD, PLM, simulation systems and other 3rd party tools without creating friction.

In addition, thanks to this close collaboration, we could also integrate assembly domain intelligence—like automatic checks for spot weld spacing or proximity to edges. The tool flags those things without users having to run special checks. And throughout development, we kept sending them early versions, collecting feedback, and refining. This really is a tool we built with the industry.

Mark: Sounds like a strong foundation. What can users expect in terms of future capabilities?

San: Well, I can’t reveal too much just yet—but the product has been built in a very flexible way from the beginning.

We’re already thinking ahead to support a wide range of materials—steel, aluminum, magnesium—and advanced manufacturing methods like press hardening, casting, forging, extrusion, even tailored property parts. The goal is to support whatever the industry is currently using or will be using in the near future, and then not only the automotive industry, but it should become the leading assembly and joining simulation software in nearly all industries.

We also recognize that spot welding isn’t the only joining method in play. So we’re planning to add functionality for other thermal processes like arc welding, laser welding, friction stir welding—and mechanical or chemical processes like hemming, clinching, riveting, and gluing.

And a big part of our roadmap is helping engineers in their day-to-day work. That means not only adding tools and utilities to facilitate decision making, but also supporting the countless iterations they go through, and giving them tools to propose small design tweaks which still allow the final assembly to land within specifications. We call that ‘build-for-assembly.’

Plus, we’re aiming to give engineers more insight into how variations propagate—where they come from and how they impact the final structure. That’s key to managing risk and improving quality from the start.

Mark: Thank you very much for walking us through all of that. It’s clear that the new Keysight Assembly Software brings something truly new to the industry. Before we wrap up, is there anything else you’d like to share?

San: Just that if any of this has woken your interest, we’d love to connect. You can check out more information on our Keysight Assembly webpage, or reach out to your local Keysight contact. We’re also hosting some free webinars to support the worldwide release of this first version of Keysight Assembly, where we’ll go deeper into how the solution works, what the benefits are and how it is supporting your company’s KPI’s, show a live industrial use-case, and answer questions live. It’s a great way to see how assembly simulation can make a real difference in BIW manufacturing.

Mark: Thanks again, San. This has been a fascinating discussion.

San: Thanks for having me.

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At Davos 2026, Sustainability Was Everywhere, Just Not in the Headlines

by Monica Molesag

Sustainability rarely took center stage at Davos this year. Instead, it quietly delivered by playing an implicit and influential role in most conversations throughout the week.

The major topics of geopolitical risk, artificial intelligence, and economic uncertainty consistently circled back to environmental exposure and long-term resilience, pointing to a broader shift: sustainability is becoming less of a separate agenda item and more an underlying consideration in enterprise risk and strategy.

For leaders looking to shape the next phase of business, two major and consequential themes emerged.

1. AI is a sustainability enabler with responsibilities

Artificial intelligence was central to many Davos discussions this year, including those touching on sustainability. The focus was less on experimentation and more on how AI is already influencing operational and strategic decisions.

In several sessions, leaders pointed to practical applications where AI, combined with sustainability and operational data, is helping organizations to reduce waste, improve resource efficiency, and better anticipate environmental risks.

At the same time, there was no lack of recognition that AI brings new challenges. Its growing energy and water requirements, along with questions around governance, transparency, and equity, featured prominently in discussions. Leaders emphasized the fact that AI’s sustainability value depends heavily on how well it is integrated into existing business systems and decision-making processes, rather than deployed as a standalone technology. This was also underscored by broader analysis showing that emerging regulatory frameworks are struggling to keep pace with AI’s environmental footprint and governance needs.

For many organizations, the focus shifted towards how responsible AI can support sustainability objectives while remaining aligned with enterprise governance and financial oversight.

2. Water is key to societal and economic stability

One of the most prominent sustainability topics at Davos 2026 was water. Across both formal and informal sessions, leaders discussed water and ocean health as a foundational element to stable societies, economies, and business continuity.

Much of the conversation focused on the growing gap between economic dependence on water and the level of investment dedicated to protecting and managing water systems. With a significant share of global GDP expected to be exposed to high water stress in the coming decades, participants highlighted the operational and financial implications for supply chains, production facilities, and communities. According to the World Economic Forum, 31% of global GDP could be located in regions of high water stress by 2050, underscoring the urgency of rethinking water investment and risk.

To this end, new collaborative initiatives were announced during the week, including efforts aimed at integrating water considerations more directly into corporate strategies and strengthening ocean stewardship across industries. For example:

  • Early-stage innovators were selected at Davos to boost water resilience across infrastructure, industry, and agriculture systems.
  • Public-private collaboration initiatives were launched to accelerate water finance and investment ahead of the 2026 UN Water Conference.
  • Research and alliance work was directed at bridging the €6.5 trillion global water infrastructure gap, and commitments were made to mobilize private capital and improve water resilience strategies.

These discussions signaled a move away from viewing water solely through a sustainability reporting lens and toward understanding it as a material risk and resilience issue for businesses.

What can business leaders take away?

While AI and water dominated the headlines at this annual meeting, sustainability quietly permeated most strategy meetings, with three takeaways arising as directional signals for leaders looking to build resilience into their business:

Sustainability is increasingly understood as financial risk

One of the clearest signals from Davos was the extent to which sustainability risks are now discussed in financial terms.

The World Economic Forum’s Global Risks Report 2026, released shortly before the meeting, reinforced this view by ranking environmental risks (including extreme weather and biodiversity loss) and critical changes to Earth systems among the most severe long-term global threats. The same report also highlighted that adverse outcomes from artificial intelligence are rising sharply in long-horizon risk rankings, reflecting growing concern about both technological and environmental disruption.

While geopolitical and economic issues dominated short-term attention at the annual meeting, environmental risks were consistently framed as persistent factors shaping long-term planning and resilience strategies.

Furthermore, the role of the CFO is also evolving to meet sustainability requirements, including reporting non-financial KPIs, managing plastic and carbon taxes, steering the business, and aligning business decisions with carbon and environmental cost trade-offs. SAP’s carbon accounting and management solutions can provide the capabilities needed to address CFO sustainability priorities.

As SAP Chief Sustainability & Commercial Officer Sophia Mendelsohn noted during the week, “Sustainability remains firmly planted in both the Davos agenda and the minds of the CEO and CFO. The reality of climate change persists—both its risks and opportunities, and they are already showing up on the balance sheet.

For many executives, this framing reflects how sustainability considerations are increasingly influencing investment decisions, insurance strategies, and assessments of long-term enterprise value.

The focus is shifting from ambition to execution

Davos discussions also underscored a growing emphasis on execution. While sustainability remains firmly planted in the C-suite agenda, many leaders acknowledged a gap between ambition and implementation.

Despite years of commitments and target-setting, fewer than one in five companies have implemented climate adaptation and mitigation measures at scale. This is a persistent action gap that helps explain why sustainability strategies are now evaluated more closely through the lens of financial feasibility, operational readiness, and data credibility.

In an environment where sustainability investments compete with other priorities, including AI and digital infrastructure, leaders emphasized the need for clear business cases and measurable outcomes. Sustainability initiatives that can demonstrate value creation and risk reduction are more likely to secure long-term support.

Integration decides whether sustainability insights lead to action

Data availability is no longer the primary challenge for most organizations. The tools to measure emissions, water use, climate exposure, and supplier impacts are widely accessible. What remains difficult is turning that information into decisions.

Across Davos, there was broad agreement that sustainability data needs to be integrated into core business systems for planning, procurement, asset management, and finance. When sustainability information sits outside these systems, it tends to inform reporting rather than operational or strategic action. When it is embedded, it can support more forward-looking decisions around resilience, investment, and supply chain design.

This shift toward integration reflects a broader understanding that sustainability efforts are most effective when they are aligned with how the business already operates.

SAP’s ERP-centric, AI-enabled approach connects business and sustainability data to help give full visibility across a company’s value chain, enabling it to align business objectives with sustainability priorities across areas like material choice, efficient transport and distribution, improved asset performance, and reduced carbon impact.

Davos 2026 clearly reflected a maturing phase of the sustainability conversation, one that is less about visibility and increasingly about how organizations can confidently prepare for the decade ahead.

For business leaders shaping sustainability strategies, there is a pressing need to make plans financially grounded, operationally integrated, and supported by reliable data.

Enterprise systems play an important role in this transition. When sustainability information is connected across business functions, leaders gain clearer insight into risk and opportunity, supporting more resilient and informed decision-making.

Monica Molesag is global head of Sustainability Communications at SAP.

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IOC President Celebrates Volunteers at Milano Cortina 2026: “You Are Like the Special Secret Source of Magic at the Games”

International Olympic Committee news

“You’re going to make these Games so special for millions of people,” said International Olympic Committee (IOC) President Kirsty Coventry, as she greeted volunteers in the Main Press Centre (MPC) in Milan today. “Thank you, thank you, thank you for everything that you have done and that you will be doing throughout the Games,” she said, wrapping up her motivational speech.

Key facts

  • IOC President celebrates Milano Cortina 2026 volunteers
  • Volunteers play a key role in welcoming the athletes to the Games
  • Milano Cortina President Giovanni Malagò praises volunteers

Famed for their smiles, willingness to help and their Olympic spirit, Olympic volunteers help to make special Games memories for the athletes, fans and officials that they encounter in their different roles. More of those special memories were created, as President Coventry, Milano Cortina 2026 President Giovanni Malagò and 100 volunteers met. Gathering together for a group photo, the volunteers showed their Olympic spirit in a celebratory image that underlined their high spirits before the Games get underway.

President Coventry emphasised to the volunteers the key role that they play in welcoming the world to their Games. “I’ve been to five Olympic Games and the volunteers during the Games were like the special secret source of magic. So, it is really exciting to be here with all of you. I can’t emphasise enough how the atmosphere is created around the Games by all of you, and all of the thousands of volunteers around Italy, because, a lot of the time, you are the first people that athletes, that their families, and that the fans come into contact with.”

© IOC/Sara Cavallini

She continued with her own experience from London 2012. “I remember in London, you would get on the train and there were volunteers in all the train stations. And all the way from the train station to the Olympic Park, the volunteers were sitting on big chairs with microphones and they were calling out: ‘Zimbabwe! How are you doing? South Africa! Italy!’ Everyone was just like: ‘wow’. It was so cool and that excitement was just incredible for us as athletes because you felt the excitement and the passion of everyone around.”

She continued, “What those volunteers did for the spectators and the crowds that were coming to watch, was to get them excited about being there and what they were going to get to experience, and they became the best spectators to swim in front of, because they were loud and they were excited. The atmosphere that you’re going to help create is so important. So again, from all of us at the Olympic Movement, thank you so much for everything that you’re going to be doing.”

Milano Cortina 2026 President Malagò spoke about his pride in the diversity of the volunteers, “I think there’s about 100 volunteers representing more than 18,000.” He continued, “I’m sure that all of you will have a unique experience.”

“I know very well that you are from all parts of Italy and further afield. I know that you have contributed a lot and that you have made great sacrifices to be here. Some have taken holidays, some have missed special occasions in order to live this experience, and we are very grateful. There are three, maybe four generations here, male and female, and there’s no difference between the social classes. This is a fantastic world that you represent. I think you are the best example of Italy.”

After the meeting with the volunteers, President Coventry answered a few questions about the volunteers in an interview. Her answers can be found here:

How is it going? How is the feel of the Games?

It’s been great. It’s been so nice to finally get here and to have a feel of the ground in Milan. I think the last couple of weeks we started having more teams arrive in Milan, and I was feeling a little left out. So, I’m very happy to be here now with everybody.

Things are moving really well. The organising committee and all of our stakeholders… I think everyone is at the realisation that it’s so close, that things are really moving in the right direction. And it’s so exciting. All the excitement is starting to come. We’re just really happy to be here.

And this was a good start—meeting the volunteers. How would you best describe the volunteers?

The volunteers… I shared with them a story that I remember from the volunteers in London and how they changed the Games. They were the heartbeat of the Games. for all spectators, and they got the crowds excited about going in, watching, filling the venues, and allowing all the athletes to have the best experience ever.

I was telling them they’re sort of like the secret sauce to the spirit and the magic of the Olympic Games. What they’re doing every day is so important for the entire Movement. It was a really nice opportunity to spend time with them, say hello and thank them. We took a few pictures, and they came and said, “We’re so excited.” So, I think that was good.

© IOC/Sara Cavallini

 

© IOC/Sara Cavallini

What do they represent for the Olympic family and the Olympic Games?

I think the volunteers showcase the true spirit of Olympism. They’ve given up their time to come because they believe in something and they want to be a part of it. I don’t think even they realise that they’re a part of making the Games an even bigger success, because they help create this environment and the spirit of the Olympic Games.

Especially for spectators—they are sometimes the first point of contact that visitors, families of athletes, spectators, fans, everyone will meet. If they’re happy and proud to be doing this, that will shine through and change the experience for all stakeholders, which is invaluable.

What message would you send out to the athletes and the others who are ready?

I’d say to them: have fun. Enjoy the moment. Like in everything, it’s not always going to be the easiest ride. You’re going to come across sometimes, like we do everywhere, people who may be having a bad day, and the challenge is to try to turn their day into a good one. Embrace everyone and get everyone excited about the Olympic Games and the movement—about what they’re about to go and watch.

The volunteers at the airport are welcoming everybody to Italy and to the Italian spirit. The Italians—they love sport. We’re going to see incredible venues in the most iconic, beautiful areas of Italy. Be proud of that. Be proud that you’re helping shape what these Games will be remembered for in the future.

Thank you so much. Enjoy the rest of your stay and the Games.

I look forward to it. I’m very excited. Thank you so much.

Image credits: © IOC/Sara Cavallini

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Idealist’s Annual Employer Report Reveals Nonprofit Trends

NEW YORK, February 6, 2026 /3BL/ – For the third year in a row, Idealist surveyed their communities of hiring managers and job seekers to better understand the state of work and job seeking in the U.S. nonprofit sector. Over 5,800 total individuals participated in two surveys in October through November 2025. The results uncovered a social-impact sector that is reeling from external pressure, bringing instability to the way nonprofits hire and the professionals in pursuit of mission-driven careers.

Idealist, founded in 1996, serves millions of people looking for ways to build a better world, through full-time jobs, internships, volunteerism, and connecting with neighbors to address local problems.

Some high level findings of the 2026 Idealist Employer Report include:

  • The percentage of individuals who are employed full time dropped 10% this year, to 32%.
  • 84% of all individuals are currently job seeking, whether they’re employed full time, unemployed, or retired.
  • Job seekers are more likely to be frequently or constantly applying for jobs (81%) when compared with last year.
  • 57% of those surveyed are primarily or exclusively looking for social-impact jobs, but the percentage of those that are “open to jobs of any type” has risen to 37%. This could be interpreted as a solution in a tough job seeking market, with an upside for companies looking to hire dedicated, mission-driven talent.
  • When compared with a pulse survey from April, Idealist found that
    • Less nonprofits are hiring (53% vs. 47%).
    • More nonprofits are in a hiring freeze (8% vs. 10%).
  • For organizations that are planning on hiring, recruitment has picked up and they’re hiring for more roles than what was projected in April.

Blue and green bar graph describes the change in number of roles organizations are hiring for in April 2025 versus October 2025. Hiring for 1-5 roles decreased from 69% to 57%. Hiring for 6-10 roles increased from 12% to 19%. Hiring for 11+ roles increased from 14% to 16%.

“What these voices from the social-impact sector reveal is a climate of heightened caution for nonprofits, and difficulty and instability for job seekers,” said Kevin Kennedy, Idealist’s head of client and audience success. “But our sector has weathered difficult times before. Our resilience comes from our belief in a better world that we’ll build together.”

Read the 2026 Idealist Employer Report here.

About Idealist

For 30 years, Idealist has worked to bridge the gap between intention and action by connecting organizations and people who want to do good. With the 2025 merger with VolunteerMatch, Idealist has connected 200,000+ organizations with tens of millions of people. Over the years, the combined organizations facilitated posting of over a million jobs and over a million volunteer opportunities. Additionally, Idealist empowers businesses to make a difference through volunteering via API technology and other means. Find out more at idealist.org and on LinkedIn and Instagram.

Media Contact

Emily Hashimoto: media@idealist.org

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