Tag: 3BL

WILLMINGTON, Del., April 13, 2023 /3BL Media/ – The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company with leading market positions in Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials, was honored yesterday with two awards from the U.S. Department of Energy (DOE) through its Better Buildings, Better Plants Initiative, recognizing partners for outstanding accomplishments in energy efficiency and emissions reduction.

Chemours received the Better Practice Award, presented to partners for innovative and industry-leading accomplishments in implementing and promoting practices, principles, and procedures of energy management, for its corporate roadmap to addressing Scope 1 emissions by reducing fluorinated organic compound (FOC) process emissions. Chemours also received the Better Project Award, recognizing partners for outstanding achievements in implementing energy, water, and waste projects at individual facilities, for boiler optimization at the Louisville Works site in Louisville, Kentucky. This project reduced Chemours greenhouse gas emissions by 1,200 metric tons of CO₂e per year.

“We are honored to be recognized by the Department of Energy for our hard work and incredible achievements reducing our Scope 1 emissions and improving our site energy efficiency,” said Dr. Amber Wellman, Chemours’ Chief Sustainability Officer. “When we announced our Corporate Responsibility Commitment goals in 2018, we made a commitment to ensuring our essential chemistries are made responsibly. This recognition shows we are doing just that, and we will continue to advance our commitments to meet the world’s demands for better, safer and more sustainable products.”

“Partners in the Better Plants Challenge are sharing their success and innovation to accelerate their energy efficiency. The Better Project and Better Practice awards highlight unique efforts to make meaningful headway in reducing energy, water, waste and greenhouse gas emissions,” said Carolyn Snyder, Deputy Assistant Secretary for Energy Efficiency at the U.S. Department of Energy.

As a partner of the Better Plants Challenge, Chemours has committed to 17% reduction in energy intensity at its U.S. sites, which supports our Corporate Responsibility Commitment Goals to reduce Scope 1 and Scope 2 absolute GHG emissions by 60% by 2030—putting the company on a path to reach net-zero operations by 2050.

The 2023 Better Project, Better Practice Awards winners were celebrated during the Better Buildings, Better Plants Summit held in Washington, D.C.

LOUISVILLE, Ky., April 13, 2023 /3BL Media/ – Schneider Electric, the leader in the digital transformation of energy management and automation, today announced the launch of Zeigo, a sustainability software ecosystem built to simplify and accelerate climate action for companies of all sizes. Zeigo complements Schneider Electric’s existing sustainability consulting services and enhances a growing portfolio of digital solutions.

Zeigo will bring existing Schneider Electric digital tools for sustainability together with a new software-as-a-service (SaaS) application – Zeigo Activate – designed to help small and medium-sized enterprises (SMEs) decarbonize. The new application, developed by Schneider Electric’s sustainability experts, will go beyond existing solutions in the market by delivering easy emissions calculations paired with a customized decarbonization roadmap and a regionally tailored solutions provider marketplace.

Sustainability simplified with the Zeigo ecosystem

Increasingly, SMEs are being pressured to decarbonize, whether by customers seeking to reduce Scope 3 emissions throughout the value chain or by new global regulatory and compliance obligations. Zeigo Activate will help SMEs measure their emissions baseline, set reduction goals, and accelerate decarbonization efforts by providing the tools and knowledge needed to move swiftly from ambition to action.

“Many barriers have kept SMEs from decarbonizing, including lack of awareness, the availability of pragmatic tools, and limited access to resources. Zeigo Activate levels the playing field for these companies by providing easy, actionable solutions,” said Steve Wilhite, President of Schneider Electric’s Sustainability Business. “The application has the potential to revolutionize how SMEs decarbonize while driving significant value for companies of all sizes seeking to address value chain emissions.”

Zeigo Activate joins two existing Schneider Electric digital solutions rebranded under the Zeigo name that are designed to meet the carbon reduction needs of organizations of any size.

Formerly known as Zeigo, Zeigo Power allows users throughout Europe to digitally tender renewable energy Power Purchase Agreements (PPAs), making clean energy procurement effortless and accessible. 
 Formerly known as NEO Network, Zeigo Network connects like-minded companies on the journey to decarbonization and has more than 600 global corporate members today. The software platform provides access to educational resources, community connections, and a robust solutions provider marketplace for the energy transition.  

Clients to benefit from a single Zeigo ecosystem 

Zeigo is designed to accelerate the sustainability efforts of both large organizations with clear climate goals and SMEs that are just getting started. Regardless of size, organizations can use Zeigo tools to effectively tackle their climate challenges, including:

Reducing energy consumption and emissionsAccess to energy market intelligence and educationConnection to regional solution providers in renewables, energy efficiency, and carbon offsets to drive action

“Zeigo puts the power of decarbonization into the hands of all organizations, and we’re excited to see how this ecosystem will accelerate the global net zero pursuits of all of our clients,” said Wilhite.

To learn more about Zeigo, visit www.zeigo.com Follow us on: Twitter | LinkedIn | Blog 
 

About Schneider Electric 
Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

www.se.com

Discover the newest perspectives shaping sustainability, electricity 4.0, and next generation automation on Schneider Electric Insights.

April 13, 2023 /3BL Media/ – From a field of over 160 submitted papers, Dissecting Green Returns was selected as the winner of the 2022 Moskowitz Prize at Northwestern University. The award, which recognizes high-impact research in sustainable finance, was presented to Lubos Pastor (University of Chicago Booth School of Business), Robert Stambaugh (The Wharton School), and Lucian Taylor (The Wharton School).

The Moskowitz Prize, now in its 27th year, is awarded annually to a research paper that demonstrates both impeccable empirical methods and strong potential to influence real-world business and investment practices related to sustainability.

“The study identifies a green factor that has impacted asset prices and portfolio returns in recent years,” says Lloyd Kurtz, founder of the Moskowitz Prize and again one of the judges this year. “They show that superior returns of green stocks were at least partly due to a change in investor preferences. But outperformance likely won’t continue over the long term. That’s good for green companies because it gives them a lower cost of capital—a big advantage in a competitive economy. So it’s an important paper for showing that sustainability is now priced into markets and past strong returns don’t guarantee future ones.”

The Expected Return of Green Investments 

The paper aimed to understand what kind of returns investors should expect from green (environmentally friendly) versus brown assets in the future. Theory suggests that investors derive satisfaction from owning responsible investments, and that green assets can hedge against climate risk, which should drive prices higher and the expected rate of return lower.

Yet, in the last 10 years green assets have outperformed brown, confounding what we might expect from theory alone.

How do the authors explain this unexpected outcome? The researchers looked at factors that could account for differences in expected versus realized returns and discovered that unexpected adverse climate news explained why green assets delivered higher returns in the study period. When they removed the impact of such news and unanticipated earnings, green stocks would have underperformed brown stocks as predicted.

In general, the team’s findings suggest that the outperformance of green versus brown stocks should not be expected to continue, because it was driven by unexpected news. In other words, their findings indicate that investors should retain the assumption that green stocks will have lower expected returns in the future.

Read the Moskowitz Prize Research Brief to learn more about the methodology, data, results, and real-world applications of Dissecting Green Returns.

Support for the Moskowitz Prize

The relevance of the Moskowitz Prize to the business domain is reflected in its premier sponsors, which this year included six financial institutions led by Bailard, the Calvert Institute for Responsible Investing, and Wells Fargo.

At P&G, neurodivergent talent can grow their careers with confidence. Whether it is through inclusive hiring practices, continuously refining accessibility accommodation practices or creating a culture where every employee can bring their authentic selves and skills to work — at P&G, we are unique in our abilities and united in our efforts to build disability confidence.

As we recognize World Autism Acceptance Day (April 2) and Neurodiversity Awareness Month, we celebrate the incredible community of neurodiverse employees who bring their unique abilities to P&G. Neurodivergent people may have attention-deficit/hyperactivity disorder (ADHD), autism, dyslexia or other neurodivergence and may or may not include neurotypical people.

The co-leads of P&G’s Neurodivergent Support Group, Chris Lidel, Associate Researcher and Data Specialist and Archivist, and Tiffany Peak, Data Specialist and Archivist, recently discussed their unique experiences at P&G with Neurodivergent ally, Brian Frederiksen, Senior Director, Research and Development — along with insights for growing an inclusive workplace where innovation and creativity thrive:

Inclusively Recruiting and Hiring

“I’ve worked in jobs that weren’t so accepting of autism,” shares Tiffany. “When I interviewed, I went into this with the mentality of this is me…I want to find a company that accepts me…that I knew would be accepting of all different kinds of people. And for me, that was P&G.”

Chris’ story of disclosing his Neurodivergence is a little different: “It wasn’t until I got into the company [and] did research through the Intranet to learn what P&G’s stance was — how accepting it would be. I learned about the PwD (People with Disabilities) Network, and I decided to start to branch out. Letting Brian know that I am autistic really helped with that bridging point.”

Accommodating and Supporting Differences

Managers play an important role in employee work experiences, and managers who seek to listen to understand neurodivergent employees can help remove barriers that promote authentic and meaningful contributions to the work they do together.

“Autism is different for everybody, so we’re all going to have different needs,” shares Tiffany. “It is extremely important for the manager to get to know their employee and ask questions.”

Reflects Brian, “The job of the manager is to understand what really matters to that person and treat them how they want to be treated.” Whether you are a manager or a colleague, “The biggest thing someone can do is listen to me and believe me when I talk about my experience,” shares Tiffany, when highlighting the best ways to support the Neurodivergent community.

Neurodivergent employees also need empathy and compassion to function most effectively. Importantly, “When you’re empathetic with everybody and willing to just be understanding, it makes the whole workspace environment for everybody better,” emphasizes Chris.

Growing Confidence and Communities

Because everyone can belong at P&G, our people, business and communities grow. Chris and Tiffany are both proud of their work with the Neurodivergent Support Group.

“We’ve had a lot of employees coming and talking about all of the help they’ve gotten,” shares Chris. They want employees to know that they have their backs. “We will support you 100% and do whatever we can to help you further your career and feel good and safe here,” expands Tiffany.

Neurodivergent P&Gers help us better serve communities around the world — from all walks of life — as we all benefit from inclusive actions that move communities forward. “Procter and Gamble has enabled me to be more myself, to bring more of the tools that I have and to be more bold and share off the cuff ideas that then trigger ideas for other people,” highlights Chris.

These ideas help lead to inclusive innovation that meet the needs of our diverse consumers and make our products superior. At P&G, we believe our shared and unique experiences are an important part of our strength. And we are a better company because of our Neurodiversity.

Visit our social media @ProcterGamble to hear more from Chris, Tiffany and Brian and about how P&G creates a workplace where everyone belongs and thrives. #DisabilityConfident

Click here to learn more about our company’s inclusive job opportunities.

New Holland Agriculture and CNH Industrial REMAN are celebrating REMAN Day. It’s an occasion when remanufacturing industries around the world promote their important contributions to the circular economy. They demonstrate the innovative ways they are advancing remanufacturing and improving its environmental impact.

As a sustainability leader in agriculture, New Holland has been working in close collaboration with CNH Industrial REMAN for several years, offering remanufactured parts with a 2-year, unlimited hours warranty and at reduced prices.

The brand plans to reach zero waste from used parts by 2025. This represents progress for the whole industry, advantages for customers and dealers and benefits for the environment.

The remanufacturing of spent materials is key to a circular economy. And it’s in line with New Holland’s Clean Energy Leader strategy.

Today New Holland and CNH Industrial REMAN also recognize their partnership with Treedom. The Italian online e-commerce company allows anyone to purchase and plant trees and monitor their growth, helping to reduce the quantity of CO2 in the atmosphere.

CNH Industrial REMAN has created a forest with Treedom, informed by their principle of “You Return, We Plant.”

Mattia Manicardi, Head of Brand Marketing, New Holland Agriculture, said: “New Holland has a long-standing commitment to sustainability and our remanufacturing offers are a very important opportunity to reduce waste of materials and energy resources. We are planning to reach zero waste from used parts where a REMAN option is available. We are proud to celebrate this day with REMAN and highlight once again our Clean Energy Leader Strategy to create a better future for our planet.”

Tommaso D’Alessandro, Senior Manager, CNH Industrial REMAN said: “We are often reminded how remanufacturing is a ‘win-win-win’ game. It benefits dealers, it benefits customers, and it benefits the environment. We are proud to be part of the REMAN family and celebrate this day, together with all the companies working in the remanufacturing industry around the globe.”

ROSEMEAD, Calif., April 13, 2023 /3BL Media/ – Thirty high school seniors in Southern California Edison’s service area have been named 2023 Edison Scholars and will be awarded a total of $1.5 million in scholarships from Edison International. “I want to do something for the environment and make the world a better place and make an impact on the future,” exclaimed Jackie Li, one of the new Edison Scholars.  

The Edison Scholars Program is designed to help students like Li achieve their dreams of pursuing studies in science, technology, engineering or math (STEM), cybersecurity or data analytics in college.  

“One of my favorite things every year is seeing the faces of our newest Edison Scholars as they receive the news. The surprise visits are always filled with so much emotion, with their loved ones, classmates and school and district staff on hand to share everything from tears to laughter,” said Pedro J. Pizarro, president and CEO of Edison International. “I couldn’t be more impressed with this group. Reading their impact statements gives me hope and confidence that these bright and passionate students are going to help lead the transition to an affordable and equitable clean energy future.”  

Beginning this year, the scholarship award increased from $40,000 to $50,000, paid over four years. In addition, Edison Scholars will also be eligible for a paid summer internship with SCE upon completing their first year of school. Scholars must meet the minimum eligibility requirements and complete the required hiring screening.  

For the first time since 2019, the students received the scholarship news with in-person surprise check presentations delivered by Edison’s representatives during school events including a pep rally, an open house and in-classroom visits. Surprise highlights can be found here.  

SCE will hold a reception on May 5 to celebrate the scholars at the company’s Rosemead headquarters.  

Below is a list of the 2023 recipients:

Student NameHigh SchoolChristina AgopianAdolfo Camarillo HighJoshua AlvaradoSouth Gate Senior HighFnu AnuCosta Mesa HighTe’yana BrownOptions For Youth Pasadena HighKayla BullardOdyssey STEM AcademyAntonio CamarilloMontclair HighArlene Cazares GarciaAvalon K-12David CeballosDon Bosco Technical InstituteAlyssa ChangWest Ranch HighThomas ChangUpland HighDanny ChmaytelliSanta Monica HighCesar DelgadilloTulare Union HighDylan IskandarMira Costa HighAryan JainCalabasas HighJoshua KangCerritos HighJanna LeePalos Verdes HighNicole LeeSouth Hills HighJackie LiTemple City HighEsther MagbagbeolaChaparral HighPriscila MarquezCathedral City HighHannah McCoyPorterville HighBrian NiTroy HighJohnny NiTroy HighCasey OrtizEsperanza HighMax PengGretchen Whitney HighAimee PeralesJames A. Garfield HighMario PortilloDiamond Ranch HighEmily RodriguezAntelope Valley HighTyler SmallSaint Anthony HighJeremiah WeetlyBonita High

 

Edison International has awarded more than $15 million in scholarships to 760 students through the Edison Scholars Program since 2006. The company is committed to investing in its communities and improving pathways to a STEM education and careers, especially for underrepresented students. Edison Scholars is designed to expose students to clean energy careers and ensure a steady stream of talent as we transition to a clean energy future.  

Edison International, the parent company of SCE, is one of the largest corporate philanthropic contributors in Southern California. The Edison Scholars Program is funded entirely by Edison International shareholders.  

To learn more, visit the Edison Scholar 2023 Spotlight Page.  

About Edison International  
Edison International (NYSE: EIX) is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy LLC, a global energy advisory firm engaged in the business of providing integrated decarbonization and energy solutions to commercial, industrial and institutional customers.

Contact: Media Relations, 626-302-2255

Generation Change (GenChange) is an audience-inspired, audience-led initiative at Paramount designed to elevate and empower young people who are driving change around the world. Generation Change creates tailored programming in collaboration with our brands and markets by young agents of change who are passionate about improving their communities.

In direct response to some of the overt transgressive and oppressive acts endured by women in recent times, GenChange is producing a new digital campaign focusing in on the ways society polices the bodies of women for Women’s History Month. The campaign titled, “Hands Off [my body, my rights, my future, my choice] includes a video series, PSAs, and a short documentary profiling gender equality change-makers based in the UK.

Watch the featured video for a showcase of Hands Off! These PSAs emphasize ways to take action for those wanting to get involved with efforts on gender equality being made around the world. Journalist, activist and author Mariam Khan delivers her message for International Women’s Day 2023 and Women’s History Month, asking politicians to do better and addressing the importance of racial equity within the feminist movement, particularly in regard to Muslim women.

As part of GenChange’s commitment to provide resources and platforms, the campaign encouraged conversation amongst audiences using the IWD #EmbraceEquity hashtag and signposted people to helplines for information. Additionally, in partnership with our change makers, this campaign will promote local (to the U.K.) organizations for those seeking resources for themselves or others. If you have been affected by any of the issues raised, please visit mtv.co.uk/helpline

Airline looks to turn CO2 removed from the atmosphere into sustainable aviation fuel

United has invested in more future SAF production than any other airline in the world1

CHICAGO, April 13, 2023 /3BL Media/ — United announced its $15 million investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel (SAF). This is the latest announced investment from the new UAV Sustainable Flight FundSM, a first-of-its-kind investment vehicle that is designed to leverage support from cross-industry businesses in order to support start-ups focused on decarbonizing air travel through SAF research, technology and production.

The airline aims to be 100% green by reducing its greenhouse gas (GHG) emissions 100% by 2050, without relying on traditional carbon offsets. To date, United has invested in the future production of over three billion gallons of SAF – the most of any airline in the world.1

“Carbon capture technology has the potential to be a critical solution in the fight to stop climate change and has the added benefit of helping us scale the production of SAF,” said United CEO Scott Kirby. “And at United we’re building on that approach by investing in both companies that can capture CO2 and others that can turn it into fuel. There’s no question that this carbon utilization is in its infancy today, but as a leader in sustainable flying we must help build the foundation to deploy this technology of the future as expediently as possible. This is truly a global imperative, and United’s investment in Svante reflects our dedication to making sustainable travel a reality.”

This investment was made as part of Svante’s Series E financing round and will fund and support Svante’s commercial-scale filter manufacturing facility in Vancouver, BC, Canada. Svante is working with world-leading organizations, including Dimensional Energy, a carbon utilization – CO2 to jet fuel – company that United Airlines Ventures invested in last year.

“We are pleased to have the support of United Airlines as one of our world-class investors,” said Claude Letourneau, Svante’s President & CEO. “The airline industry has a huge opportunity to make a big impact on global decarbonization – battling climate change through the transition to sustainable aviation fuels and other innovative technologies that will help the world achieve net zero. Their investment in companies like ours will aid in accelerating the commercialization of carbon capture and removal technology.”

Svante is a leader in second generation solid sorbent-based carbon capture and removal. The company’s scalable, eco-friendly, and commercially available carbon capture and removal technology employs structured absorbent beds, known as filters. These filters can capture 95% of CO2 emissions from industrial sites as well as CO2 that’s already in the air. Once the CO2 is captured, it is concentrated and can be used in the creation of SAF or other products. It can also be safely transported and stored underground.

Svante’s manufacturing facility is anticipated to produce enough filter modules to capture millions of tons of carbon dioxide per year across hundreds of large-scale carbon capture facilities.

“It’s great to see United’s commitment to building an ecosystem for carbon dioxide (CO2) to Sustainable Aviation Fuel (SAF) manifest through this significant investment in Svante,” said Jason Salfi, Dimensional Energy’s CEO. “The teams at Svante and Dimensional Energy are working together to design integrated systems for captured CO2 to SAF today. There is enough CO2 in the atmosphere and in industrial process emissions to provide all of the carbon necessary for the fuels and products people use every day now and into the future. Svante provides the first step toward a circular carbon economy.”

SAF is an alternative to conventional jet fuel that, on a lifecycle basis, reduces GHG emissions associated with air travel compared to conventional jet fuel alone. SAF is made from used cooking oil and agricultural waste, and, in the future, could be made from other feedstocks, including household trash, forest waste, or compressed CO2, the end product of Svante’s carbon capture process.

The Federal Government Recognizes the Value of SAF

The 2022 Inflation Reduction Act includes the largest governmental climate change investments in U.S. history — a new blended tax credit specifically for SAF along with other critical incentives for clean energy and carbon capture – that will help spur an increase in SAF infrastructure and supply while lowering costs for SAF consumers.

The U.S. military currently uses nearly five billion gallons of jet fuel annually and the Department of Defense will use a jet fuel blend containing at least 10% SAF by 2028 because of the 2023 National Defense Authorization Act.

And according to the U.S. Department of Energy, the country’s vast feedstock resources are enough to meet the projected SAF demand of the entire U.S. aviation industry.

United’s Commitment to Net-Zero Emissions by 2050

United was the first airline to commit to net-zero carbon emissions by 2050, without relying on traditional carbon offsets. In addition to the UAV Sustainable Flight FundSM, United has launched a SAF purchasing program called the Eco-Skies Alliance and established a venture fund – United Airlines Ventures – to identify and invest in companies and technologies that can decarbonize air travel. These strategic investments include carbon capture, hydrogen-electric engines, electric regional aircraft and air taxis.

About United

United’s shared purpose is “Connecting People. Uniting the World.” From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers’ favorite destinations and adding new ones on its way to becoming the world’s best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol “UAL”. For further information about our environmental impact, review United’s Corporate Responsibility Report and Annual Report on Form 10-K, available at crreport.united.com and ir.united.com.

About Svante

Svante offers companies in emission-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2  from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and removal a reality. The company is on the 2023 Global Cleantech 100, and was ranked second among private companies in the Corporate Knights Future 50 Fastest-Growing Sustainable Companies in Canada. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu. To learn more about Svante, click here or visit Svante’s website at www.svanteinc.com, or follow Svante on LinkedIn or Twitter @svantesolutions.

United Cautionary Statement Regarding Forward-Looking Statements and Other Important Information

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, plans and projections regarding the company’s environmental, social and governance (ESG) goals, targets, commitments, strategies and initiatives and related business and stakeholder impacts. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections about our future financial results, plans, objectives, goals, targets, commitments, strategies and initiatives and involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them, that are difficult to predict, may be beyond our control and could cause our future financial results, plans, objectives, goals, targets, commitments, strategies and initiatives to differ materially from those expressed in, or implied by, the statements. These risks, assumptions, uncertainties and other factors include, among others, any failure to meet stated ESG goals, targets, commitments, strategies and initiatives in the time frame expected or at all as a result of many factors, including changing societal, market, competitive, regulatory or stakeholder expectations, and any delay or failure of any technology to be fully developed or become functional or marketable or to serve the purpose for which it was designed. No forward-looking statement can be guaranteed. Forward-looking statements in this press release should be evaluated together with the many risks and uncertainties that affect United’s business and market, particularly those identified in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections in United’s Annual Report on Form 10-K for the year ended December 31, 2022, as updated by our subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. Risks and uncertainties related to United’s environmental compliance, climate commitments and climate strategy are further described in Part I, Item 1A. Risk Factors of United’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022—”We are subject to many forms of environmental regulation and liability and risks associated with climate change and may incur substantial costs as a result. In addition, failure to achieve or demonstrate progress towards our climate goals may expose us to liability and reputational harm.”

The statements included in this press release are made only as of the date of this press release and except as otherwise required by applicable law or regulation, United Airlines undertakes no obligation to publicly update or revise any statement, whether as a result of new information, future events, changed circumstances or otherwise. In particular, United Airlines reserves the right to change, amend, supplement or abandon some or all of the statements regarding goals, targets, commitments, strategies, initiatives, intentions and other statements from time to time without notice.

In addition, some of our disclosures in this press release are estimates or based on assumptions due to inherent measurement uncertainties. For example, United’s statement that it has already invested in the future production of more than three billion gallons of SAF – the most of any airline in the world is based on publicly announced future purchase agreements for SAF of certain airlines as of the date hereof.

1 Based on publicly announced airline offtake agreements for future purchases of SAF

By Kathleen McLaughlin, Executive Vice President and Chief Sustainability Officer, Walmart Inc.; President, Walmart Foundation

Serving communities lies at the heart of Walmart’s purpose to help people save money and live better. We believe that every family deserves access to healthy options, which is why we aim to expand access to affordable, healthy food.

Our annual Fight Hunger. Spark Change. campaign is one way we work to close the gap on hunger, and this year we’re celebrating the campaign’s 10th year. To date, our Fight Hunger. Spark Change. campaigns have helped generate more than $165 million for Feeding America® and local food banks across the country, helping to secure nearly 1.7 billion meals* for people facing hunger.

The campaigns go beyond our ongoing donations of unsold food (since 2006, Walmart stores, Sam’s Clubs and distribution centers have donated more than 7 billion pounds of food to Feeding America) and philanthropic grants to Feeding America (more than $13 million awarded in FY2023 alone) to support retail food rescue, cold-chain capacity and innovative technology solutions that enhance food security in communities.

One Meal at a Time

While the Fight Hunger. Spark Change. campaign is just one facet of our ongoing partnership with Feeding America, it’s an essential one, especially for our neighbors who don’t know where or when they may find their next meal.

From April 10 to May 8, we’re partnering with our associates, customers, members and 34 suppliers across Walmart and Sam’s Club to support the Feeding America network of 200 local food banks, each of which are paired with our Walmart and Sam’s Club facilities in the U.S.

We invite customers and members to fight hunger in their own communities through donations at the register or when they purchase participating items in stores, clubs or online, suppliers will donate the monetary equivalent of at least one meal ($0.10) to a Feeding America member food bank with each purchase of a qualifying item at Walmart and five meals ($0.50) with each purchase of a qualifying item at Sam’s Club.

The funds raised through Fight Hunger. Spark Change. help the Feeding America network of local food banks reach people facing hunger through a variety of means, including, but not necessarily limited to, food and grocery programs such as drive-thru, mobile and school pantries, as well as programs tailored specifically to children and seniors.

To learn more about this year’s campaign, how it works and how even one dollar can help provide 10 meals* for a family in need, click here.

Fighting Hunger, Year Round

Beyond the Fight Hunger. Spark Change. campaign, Walmart’s scale puts us in a position to make a significant impact on the issues of food insecurity in the United States.

Through over 5,000 stores, clubs, and grocery pick up points (within 10 miles of 90% of Americans) as well as home delivery, we provide access to low cost, nutritious food.

In addition to our contributions to Feeding America’s network of local food banks, the Walmart Foundation provides philanthropic grants to many organizations to help them reach underserved communities (for example, a grant to the American Heart Association has helped community-based food entrepreneurs in Atlanta and Chicago grow over 186,000 pounds of fresh food in low-income communities).

To educate on nutrition and build confidence in making healthier choices, we have developed nutrition standards and labeling for Walmart products (for example, our Great for You icon). The Walmart Foundation has invested in culturally relevant nutrition education programs (for example, a grant to Sesame Workshop supports bilingual resources to help families foster healthy eating).

To create a stronger voice for healthier food and food security, as well as accelerate the exchange of best practices among groups focused on healthy food access, the Walmart Foundation created a community of practice that includes nearly 50 organizations, including leading NGOs. We also advocate directly at the local and national level for positive change. Fight Hunger. Spark Change. is part of that movement.

Learn more about our efforts to increase access to affordable, healthy food here.

*Currently, $1 helps provide at least 10 meals secured by Feeding America® on behalf of local member food banks.

LAUSANNE, Switzerland, April 13, 2023 /3BL Media/ – In the run up to the Earth Day (22nd April), Tetra Pak is highlighting some of its recent recycling initiatives that are helping to keep valuable materials in use and out of landfills. These initiatives are part of the investments that the company has been making for decades, to support collection and recycling infrastructure across the world, growing the number of recycling operations handling cartons worldwide from 40 in 2010 to more than 200 today.

According to the World Bank, global waste is predicted to increase 70% by 20501, unless immediate and significant action is taken. Despite its essential role in feeding a growing global population, food packaging can add to the issue if not properly collected and recycled.

Tetra Pak’s recent collaborations are focused on creating additional recycling capacity, increasing collection rates and ensuring that materials from post-consumer beverage cartons can re-enter the economy.

Markus Pfanner, Vice President Sustainability Operations at Tetra Pak, emphasizes that building a circular economy2 requires system-wide action and cooperation, supported by a regulatory framework that creates the conditions to turn challenges into opportunities.

Pfanner comments: “We need to move away from a linear ‘take-make-waste’ model towards a more connected circular economy. But being part of a circular solution can’t be driven singlehandedly by one individual or entity – scientists, policy makers, recyclers, industry players and citizens must work together.”

Paper-based beverage cartons are recyclable where adequate collection, sorting and recycling infrastructures are in place. Tetra Pak estimates that, globally, 1.2 million tonnes3 of beverage cartons have been collected and sent for recycling in 2021. But the picture is very fragmented across the globe and long-lasting change can only happen through collective action, transformational innovation and bold investments.

In 2022, Tetra Pak put nearly €30 million4 into projects worldwide, with plans to go further and invest up to €40 million annually over the next years, in line with its targets on collection and recycling of beverage cartons. As part of the Alliance for Beverage Cartons and the Environment (ACE), the company supports the industry ambition to increase the collection for recycling rate of beverage cartons to 90% and the recycling rate to 70%, in the EU, by 2030.

The company’s goals also include realising the national recyclability criteria for its packages in all countries where it operates, and fulfilling the Ellen MacArthur Foundation’s Global Commitment5, a common vision of a circular economy for plastics.

From expanding recycling capacity via multi-stakeholder cooperation, through boosting new market opportunities for recycled materials to re-inventing sorting for a more holistic waste management system, Tetra Pak’s recycling initiatives help turn all components of a used carton package into quality materials and goods. 

Christine Levêque, Vice President Collection and Recycling, Tetra Pak adds: “Three principles are guiding our circularity agenda: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. These hero initiatives showcase how innovation and a clear drive to change the status quo are key to keep quality materials in circulation and minimise the use of new ones. None of these developments could be realized without our 70 experts around the globe, who are collaborating every day with recyclers, local authorities and food and beverage manufacturers to drive the transformation needed to scale up collection and recycling.”

Media Contacts:

Lucia Freschi 
Tetra Pak 
Tel: +39 347 2632237 
lucia.freschi@tetrapak.com

1 https://www.worldbank.org/en/news/press-release/2018/09/20/global-waste-to-grow-by-70-percent-by-2050-unless-urgent-action-is-taken-world-bank-report 

2 The circular economy is a systems solution framework that tackles global challenges like climate change, biodiversity loss, waste, and pollution – Ellen MacArthur

3 ‘Tonnes’ refers to metric tonnes.

4 Both OPEX and CAPEX investments

5 https://ellenmacarthurfoundation.org/global-commitment-2022/overview