Tag: 3BL

Read the 2025 Wesco Sustainability Report here

Our Commitment to People, Values and the Future

At Wesco, our people are at the heart of everything we do. We believe that our people and our high- performance culture are our greatest assets. We foster a culture that values and rewards employees based on merit. We also believe that making the most of the wealth of ideas, talents, skills, backgrounds and perspectives from our people helps us to be more – together. We take pride in our talented and diverse workforce and aspire to become the employer of choice in our industry.

Beyond the workplace, we encourage our employees to make a positive impact in their communities. Through volunteerism and charitable initiatives, we provide employees with opportunities to give back, supporting causes that resonate with their values and the needs of the regions in which they live and work.

Our People and Culture

Our culture at Wesco is dynamic, inclusive and driven by collaboration. It is a culture that thrives on innovation, empowerment and mutual respect. We understand that a diverse and engaged workforce is critical to our success, which is why we are focused on attracting and retaining individuals with various ideas, talents, skills, backgrounds and experiences.

We have intentionally built a culture where the development and well-being of our employees are at the forefront of our business strategy. This is reflected in our policies, programs and practices that promote work-life balance, learning opportunities and career advancement. As part of our ongoing effort to develop talent, we emphasize a collaborative work environment where employees can share ideas, challenge assumptions and work together to drive continuous improvement.

Through this commitment to people and culture, Wesco ensures that our employees are not just workers —they are partners in building the company’s future. Together, we are fostering a culture of trust, inclusion and shared purpose.

Human Rights

At Wesco, we believe that respect for human rights is non-negotiable. We are dedicated to ensuring that all employees are treated fairly, ethically and with dignity. In 2024, we reaffirmed our commitment to human rights by publishing our updated Global Human Rights Principles. These principles are aligned with internationally recognized frameworks, including the United Nations Global Compact, Universal Declaration of Human Rights and the International Labour Organization (ILO) Conventions. By embedding these principles into our operations and supply chain, we ensure that human rights are respected across every aspect of our business.

Our commitment to human rights is not just about compliance, it is about fostering an environment where every individual is respected and valued. We actively promote a culture of dignity, inclusion and respect, so that our employees feel safe, supported and empowered to speak up about issues affecting their well-being.

Our Human Rights Policies Include:

• Non-Discrimination: We believe in equal opportunities for all and work diligently to prevent any form of discrimination within our workforce.
• Workplace Safety: Promoting a safe working environment is a fundamental priority across all Wesco locations.
• Freedom of Association: We respect the right of employees to form or join trade unions and engage in collective bargaining, ensuring that workers’ voices are heard.
• Accommodations for Disabled Employees: We provide reasonable accommodations to support employees with disabilities, ensuring they can contribute fully to our organization.
• Harassment-Free Environment: We maintain a zero-tolerance policy for harassment of any kind. Our Anti-Retaliation Policy protects employees who report misconduct or raise concerns.
• No Child or Forced Labor: We strictly prohibit the use of child labor or forced labor within our operations and supply chain.
• Fair Wages and Working Conditions: We adhere to local wage and hour laws and fairly compensate employees for their work.

Wesco’s practices are designed to integrate respect for human rights across all our global operations. We recognize that upholding human rights is not only the right thing to do, but it also makes good business sense—it fosters loyalty, increases productivity and enhances our reputation as an employer of choice.

Our Commitment to Belonging

We aim to foster a sense of individual and group belonging by:

• Leveraging the unique experiences, backgrounds and
  perspectives of our talented workforce to support Wesco’s mission.
• Engaging employees and building an inclusive culture, and supporting the communities in which we operate.

We require that personnel actions are administered without any form of discrimination and in compliance with applicable laws.

We are committed to creating an environment where every employee feels valued, respected and empowered to contribute their best.

To learn more, download the 2025 Wesco Sustainability Report here.

About This Report

Unless otherwise stated, this report covers activities, data and initiatives from our fiscal year 2024.

ESG Disclosure and Framework Alignment

The topics covered in this report include those that we have determined to be material for our business and stakeholders as noted on page 10. Wesco aligns with several ESG frameworks and disclosures in support of our commitment to transparency and our fulfillment
of stakeholder needs and expectations. We leverage the following frameworks and standards to provide robust ESG information disclosure:

• Global Reporting Initiative (GRI): GRI offers a list of global standards and guidelines around sustainability reporting.
• Sustainability Accounting Standards Board (SASB): SASB provides a comprehensive set of industry-specific disclosure topics and guidelines.
• International Financial Reporting Standards (Climate-related disclosures, IFRS S2) which incorporates the now decommissioned Task Force on Climate-Related Financial Disclosures (TCFD): IFRS provides disclosure recommendations on thematic ESG topics such as governance, strategy, risk management, metrics and targets to provide stakeholders with fuller information surrounding climate risks.
• CDP: Formerly the Carbon Disclosure Project, CDP is
  an international organization that helps companies and cities measure and disclose important environmental impact information through an annual questionnaire and rating system.
• United Nations Global Compact (UNGC): UNGC is an initiative that aims to help businesses align their strategies and work toward the U.N.’s Sustainable Development Goals.
• United Nations Sustainable Development Goals (UN SDGs): U.N. SDGs provide a shared set of 17 goals toward peace and prosperity for people and planet goals and create a call to action by all countries in a global partnership

We also regularly engage with our investors, employees, customers, regulators, ratings agencies and others on ESG and business issues. Additional information about Wesco can be found in our public financial filings— including our annual report and proxy filings—as well as on the Security and Exchange Commission’s website at www.sec.gov or on the Investors page of our website at Wesco.com.

Wesco plans to continue to report annually as we monitor, measure and deepen our ESG initiatives and disclosures.

Wesco endorses the United Nations Sustainable Development Goals (SDGs), which are a call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. We have prioritized the following five goals: Good Health and Well Being, Affordable and Clean Energy, Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Responsible Consumption and Production.

More information about our SDG aligned initiatives is included throughout this report.

Assurance

We did not seek third-party assurance for this report; however, we will consider doing so for future reporting. The information and data contained in this report was vetted by internal subject matter experts on the various ESG topics included in this report.

Contact Us

We welcome feedback on our ESG initiatives and reporting. We invite you to contact us directly via email at Sustainability@Wescodist.com.

 

Read the 2025 Wesco Sustainability Report here

Our Commitment to People, Values and the Future

At Wesco, our people are at the heart of everything we do. We believe that our people and our high- performance culture are our greatest assets. We foster a culture that values and rewards employees based on merit. We also believe that making the most of the wealth of ideas, talents, skills, backgrounds and perspectives from our people helps us to be more – together. We take pride in our talented and diverse workforce and aspire to become the employer of choice in our industry.

Beyond the workplace, we encourage our employees to make a positive impact in their communities. Through volunteerism and charitable initiatives, we provide employees with opportunities to give back, supporting causes that resonate with their values and the needs of the regions in which they live and work.

Our People and Culture

Our culture at Wesco is dynamic, inclusive and driven by collaboration. It is a culture that thrives on innovation, empowerment and mutual respect. We understand that a diverse and engaged workforce is critical to our success, which is why we are focused on attracting and retaining individuals with various ideas, talents, skills, backgrounds and experiences.

We have intentionally built a culture where the development and well-being of our employees are at the forefront of our business strategy. This is reflected in our policies, programs and practices that promote work-life balance, learning opportunities and career advancement. As part of our ongoing effort to develop talent, we emphasize a collaborative work environment where employees can share ideas, challenge assumptions and work together to drive continuous improvement.

Through this commitment to people and culture, Wesco ensures that our employees are not just workers —they are partners in building the company’s future. Together, we are fostering a culture of trust, inclusion and shared purpose.

Human Rights

At Wesco, we believe that respect for human rights is non-negotiable. We are dedicated to ensuring that all employees are treated fairly, ethically and with dignity. In 2024, we reaffirmed our commitment to human rights by publishing our updated Global Human Rights Principles. These principles are aligned with internationally recognized frameworks, including the United Nations Global Compact, Universal Declaration of Human Rights and the International Labour Organization (ILO) Conventions. By embedding these principles into our operations and supply chain, we ensure that human rights are respected across every aspect of our business.

Our commitment to human rights is not just about compliance, it is about fostering an environment where every individual is respected and valued. We actively promote a culture of dignity, inclusion and respect, so that our employees feel safe, supported and empowered to speak up about issues affecting their well-being.

Our Human Rights Policies Include:

• Non-Discrimination: We believe in equal opportunities for all and work diligently to prevent any form of discrimination within our workforce.
• Workplace Safety: Promoting a safe working environment is a fundamental priority across all Wesco locations.
• Freedom of Association: We respect the right of employees to form or join trade unions and engage in collective bargaining, ensuring that workers’ voices are heard.
• Accommodations for Disabled Employees: We provide reasonable accommodations to support employees with disabilities, ensuring they can contribute fully to our organization.
• Harassment-Free Environment: We maintain a zero-tolerance policy for harassment of any kind. Our Anti-Retaliation Policy protects employees who report misconduct or raise concerns.
• No Child or Forced Labor: We strictly prohibit the use of child labor or forced labor within our operations and supply chain.
• Fair Wages and Working Conditions: We adhere to local wage and hour laws and fairly compensate employees for their work.

Wesco’s practices are designed to integrate respect for human rights across all our global operations. We recognize that upholding human rights is not only the right thing to do, but it also makes good business sense—it fosters loyalty, increases productivity and enhances our reputation as an employer of choice.

Our Commitment to Belonging

We aim to foster a sense of individual and group belonging by:

• Leveraging the unique experiences, backgrounds and
  perspectives of our talented workforce to support Wesco’s mission.
• Engaging employees and building an inclusive culture, and supporting the communities in which we operate.

We require that personnel actions are administered without any form of discrimination and in compliance with applicable laws.

We are committed to creating an environment where every employee feels valued, respected and empowered to contribute their best.

To learn more, download the 2025 Wesco Sustainability Report here.

About This Report

Unless otherwise stated, this report covers activities, data and initiatives from our fiscal year 2024.

ESG Disclosure and Framework Alignment

The topics covered in this report include those that we have determined to be material for our business and stakeholders as noted on page 10. Wesco aligns with several ESG frameworks and disclosures in support of our commitment to transparency and our fulfillment
of stakeholder needs and expectations. We leverage the following frameworks and standards to provide robust ESG information disclosure:

• Global Reporting Initiative (GRI): GRI offers a list of global standards and guidelines around sustainability reporting.
• Sustainability Accounting Standards Board (SASB): SASB provides a comprehensive set of industry-specific disclosure topics and guidelines.
• International Financial Reporting Standards (Climate-related disclosures, IFRS S2) which incorporates the now decommissioned Task Force on Climate-Related Financial Disclosures (TCFD): IFRS provides disclosure recommendations on thematic ESG topics such as governance, strategy, risk management, metrics and targets to provide stakeholders with fuller information surrounding climate risks.
• CDP: Formerly the Carbon Disclosure Project, CDP is
  an international organization that helps companies and cities measure and disclose important environmental impact information through an annual questionnaire and rating system.
• United Nations Global Compact (UNGC): UNGC is an initiative that aims to help businesses align their strategies and work toward the U.N.’s Sustainable Development Goals.
• United Nations Sustainable Development Goals (UN SDGs): U.N. SDGs provide a shared set of 17 goals toward peace and prosperity for people and planet goals and create a call to action by all countries in a global partnership

We also regularly engage with our investors, employees, customers, regulators, ratings agencies and others on ESG and business issues. Additional information about Wesco can be found in our public financial filings— including our annual report and proxy filings—as well as on the Security and Exchange Commission’s website at www.sec.gov or on the Investors page of our website at Wesco.com.

Wesco plans to continue to report annually as we monitor, measure and deepen our ESG initiatives and disclosures.

Wesco endorses the United Nations Sustainable Development Goals (SDGs), which are a call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. We have prioritized the following five goals: Good Health and Well Being, Affordable and Clean Energy, Decent Work and Economic Growth, Industry, Innovation and Infrastructure, Responsible Consumption and Production.

More information about our SDG aligned initiatives is included throughout this report.

Assurance

We did not seek third-party assurance for this report; however, we will consider doing so for future reporting. The information and data contained in this report was vetted by internal subject matter experts on the various ESG topics included in this report.

Contact Us

We welcome feedback on our ESG initiatives and reporting. We invite you to contact us directly via email at Sustainability@Wescodist.com.

 

STAMFORD, Conn., September 22, 2025 /3BL/ — Webster Bank announced a $300,000 grant for Connecticut Financial Scholars as part of its ongoing support of programs designed to help students build financial empowerment.

Webster Bank is the lead sponsor, establishing the Financial Scholars program in Connecticut after many years of proven success in Philadelphia. The three-year grant supports programming and teacher training including curriculum and paid teacher professional development for in-school financial literacy education, afterschool investing enrichment, paid summer workforce development for teens, and adult workshops in the school community. Connecticut Financial Scholars has launched with 26 school partnerships in the 2025-2026 school year and will expand to 75 schools and serve more than 5,000 students by end of the 2027-28 school year.

“Our support of Connecticut Financial Scholars reflects our commitment to advancing financial empowerment, one of our core philanthropic pillars,” said Marissa Weidner, Executive Vice President and Chief Corporate Responsibility Officer, Webster Bank. “We are proud to ensure this program continues to invest in schools across the state by providing hands-on relevant approaches to educate and financially empower students. We look forward to helping Connecticut Financial Scholars expand its reach and build lasting partnerships.”

“Webster’s support has enabled us to lead school-based financial education implementation in Connecticut,” said Nancy Kail, Executive Director, Connecticut Financial Scholars. “Together, we’re reaching more teachers, students and families with the tools they need to build financial knowledge and confidence. We want to thank them for their support and powerful investment in the future of our youth.”

The partnership also includes opportunities for Webster Bank colleagues to volunteer as classroom guest speakers and career panelists as well as at other events like the organization’s signature Teen Investors Summit and financial reality fairs.

According to Webster’s 2023 Financial Empowerment Study, only 27% of U.S. consumers reported receiving any type of financial education in middle or high school. The study, which examined financial challenges faced by consumers, found middle school and high school students who received financial education are more likely to feel “fully in control” of their finances (49%) compared to those who did not receive any financial literacy courses (25%).

About Connecticut Financial Scholars

Connecticut Financial Scholars provides high school students, teachers, and families with the tools needed to develop financial skills, build greater wealth, and achieve financial empowerment. The organization is an evolution of a program that launched in 2020 in Philadelphia. Financial Scholars includes curriculum and professional development for daily in-school financial literacy education, afterschool investing enrichment powered by corporate volunteers, paid summer internships, and evening financial empowerment workshops for adults in our school communities. Learn more at connecticut.financialscholars.org.

About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $77 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

STAMFORD, Conn., September 22, 2025 /3BL/ — Webster Bank announced a $300,000 grant for Connecticut Financial Scholars as part of its ongoing support of programs designed to help students build financial empowerment.

Webster Bank is the lead sponsor, establishing the Financial Scholars program in Connecticut after many years of proven success in Philadelphia. The three-year grant supports programming and teacher training including curriculum and paid teacher professional development for in-school financial literacy education, afterschool investing enrichment, paid summer workforce development for teens, and adult workshops in the school community. Connecticut Financial Scholars has launched with 26 school partnerships in the 2025-2026 school year and will expand to 75 schools and serve more than 5,000 students by end of the 2027-28 school year.

“Our support of Connecticut Financial Scholars reflects our commitment to advancing financial empowerment, one of our core philanthropic pillars,” said Marissa Weidner, Executive Vice President and Chief Corporate Responsibility Officer, Webster Bank. “We are proud to ensure this program continues to invest in schools across the state by providing hands-on relevant approaches to educate and financially empower students. We look forward to helping Connecticut Financial Scholars expand its reach and build lasting partnerships.”

“Webster’s support has enabled us to lead school-based financial education implementation in Connecticut,” said Nancy Kail, Executive Director, Connecticut Financial Scholars. “Together, we’re reaching more teachers, students and families with the tools they need to build financial knowledge and confidence. We want to thank them for their support and powerful investment in the future of our youth.”

The partnership also includes opportunities for Webster Bank colleagues to volunteer as classroom guest speakers and career panelists as well as at other events like the organization’s signature Teen Investors Summit and financial reality fairs.

According to Webster’s 2023 Financial Empowerment Study, only 27% of U.S. consumers reported receiving any type of financial education in middle or high school. The study, which examined financial challenges faced by consumers, found middle school and high school students who received financial education are more likely to feel “fully in control” of their finances (49%) compared to those who did not receive any financial literacy courses (25%).

About Connecticut Financial Scholars

Connecticut Financial Scholars provides high school students, teachers, and families with the tools needed to develop financial skills, build greater wealth, and achieve financial empowerment. The organization is an evolution of a program that launched in 2020 in Philadelphia. Financial Scholars includes curriculum and professional development for daily in-school financial literacy education, afterschool investing enrichment powered by corporate volunteers, paid summer internships, and evening financial empowerment workshops for adults in our school communities. Learn more at connecticut.financialscholars.org.

About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $77 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Originally published on September 17th on LinkedIn.

This week is National Inclusion Week, it is a chance to reflect on what inclusion really means, celebrate inclusion, and commit to building a more inclusive culture.

Ronnie, Senior Operations Administrator, has kindly shared their story on finding their voice with colleagues across the Sysco GB business.

“My story isn’t just about coming out. It’s about how powerful true support can be. It’s about the difference between performative allyship and real, tangible action. And it’s about the strength it takes to speak your truth in a world that doesn’t always make space for it, but also the beauty that comes when people do. “

Thank you for sharing your voice with our network and for helping us move closer to our goal of creating a safe, welcoming and supportive environment for all.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 76,000 colleagues, the company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations. For fiscal year 2024 that ended June 29, 2024, the company generated sales of more than $78 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.

 For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

View original content here.

Originally published on September 17th on LinkedIn.

This week is National Inclusion Week, it is a chance to reflect on what inclusion really means, celebrate inclusion, and commit to building a more inclusive culture.

Ronnie, Senior Operations Administrator, has kindly shared their story on finding their voice with colleagues across the Sysco GB business.

“My story isn’t just about coming out. It’s about how powerful true support can be. It’s about the difference between performative allyship and real, tangible action. And it’s about the strength it takes to speak your truth in a world that doesn’t always make space for it, but also the beauty that comes when people do. “

Thank you for sharing your voice with our network and for helping us move closer to our goal of creating a safe, welcoming and supportive environment for all.

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 76,000 colleagues, the company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations. For fiscal year 2024 that ended June 29, 2024, the company generated sales of more than $78 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.

 For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

View original content here.

• Change Through Collaboration: Logitech’s Future Positive Technology Challenge invites technology and engineering disruptors to contribute innovative sustainable solutions for potential use in Logitech products.
• Winner, Jiva Materials: developing a fully recyclable and biodegradable printed circuit board substrate designed to dissolve in hot water at end-of-life.
• Winner, Flint Labs: pioneering cellulose-based paper batteries.
• Winner, Suzhou CIYI Electronic Technology: innovating with an alternative magnetic rare-earth element, samarium, which is more abundant, cost-effective, and easier to recycle.

LAUSANNE, Switzerland and SAN JOSE, Calif., September 22, 2025 /3BL/ – Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced the winners of its 3rd annual Future Positive Challenge, a global call to identify disruptive sustainable solutions in electronics. The challenge invites startups, entrepreneurs, and researchers worldwide to submit proposals for solutions tackling engineering and process design sustainability challenges across printed circuits, battery technology, materials, sustainable manufacturing, and waste management.

“The Future Positive Challenge was created to uncover breakthrough innovations capable of transforming how we reduce carbon impact across our product portfolio,” said Prakash Arunkundrum, President, Logitech for Business. “This year, we saw incredibly disruptive solutions to address the urgent challenges of carbon reduction in consumer electronics. The ideas shared represent bold steps forward in rethinking materials and processes. The next phase is collaborating with these teams to investigate the scalability of their solutions within Logitech products and across the broader industry.”

The 2025 winners are:

• Jiva Materials Ltd, a startup in the United Kingdom that has developed a fully recyclable and biodegradable substrate for printed circuit boards. The material is designed to dissolve in hot water at the end of its life, allowing electronic components and valuable metals to be easily recovered and reused.
• Flint Labs Pte Ltd., a tech impact startup headquartered in Singapore specializing in developing rechargeable paper low carbon batteries that are safer, cleaner, more flexible and cost-efficient than traditional lithium-ion and alkaline batteries.
• Suzhou CIYI Electronic Technology Co., Ltd., a Chinese company developing a Samarium Iron Nitride (SmFeN) magnet to replace Neodymium (NdFeB) for low and medium grade applications like motors and sensors. Samarium Iron Nitride is a rare-earth permanent magnet known for its strong magnetic properties, high-temperature stability, and corrosion resistance. Compared to other rare-earth elements, samarium is more abundant, less expensive, and easier to recycle.

Winners have the opportunity to work with Logitech on Proof of Concept projects to explore the scalability of their technologies and advance Logitech’s Design for Sustainability initiatives, contributing to product carbon footprint reduction or enhanced circularity. Elephantech, a 2023 winner of the Challenge, partnered with Logitech to introduce disruptive inkjet additive printing methods on circuit boards. A winner in 2024, smart technology provider Bin-e partnered with Logitech to deploy an AI-powered e-waste recycling bin in a test market.

In addition to this year’s winners, one additional company received distinguished recognition for its creative battery recycling technology.

• GRST Holdings Limited, a Hong Kong-based technology company with research capabilities in water-based manufacturing, PFAS free binders and recycling solutions of lithium-ion batteries.

About the Future Positive Challenge
Logitech continually looks for groundbreaking, next-generation materials, components, and processes to boost the company’s Design for Sustainability efforts. The Future Positive Challenge will re-open again later this year for the 2026 competition. Interested applicants are encouraged to subscribe to receive updates on timing or email FuturePositive@logitech.com for more information about next year’s challenge.

Learn more about all of Logitech’s sustainability initiatives in the FY25 Impact Report or on the website.

About Logitech
Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

# # #

Editorial Contacts:

Marie Perriard, Head of Sustainability Communications – USA mperriard@logitech.com
Ben Starkie, Corporate Communications – Europe +41 (0) 79-292-3499

• Change Through Collaboration: Logitech’s Future Positive Technology Challenge invites technology and engineering disruptors to contribute innovative sustainable solutions for potential use in Logitech products.
• Winner, Jiva Materials: developing a fully recyclable and biodegradable printed circuit board substrate designed to dissolve in hot water at end-of-life.
• Winner, Flint Labs: pioneering cellulose-based paper batteries.
• Winner, Suzhou CIYI Electronic Technology: innovating with an alternative magnetic rare-earth element, samarium, which is more abundant, cost-effective, and easier to recycle.

LAUSANNE, Switzerland and SAN JOSE, Calif., September 22, 2025 /3BL/ – Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced the winners of its 3rd annual Future Positive Challenge, a global call to identify disruptive sustainable solutions in electronics. The challenge invites startups, entrepreneurs, and researchers worldwide to submit proposals for solutions tackling engineering and process design sustainability challenges across printed circuits, battery technology, materials, sustainable manufacturing, and waste management.

“The Future Positive Challenge was created to uncover breakthrough innovations capable of transforming how we reduce carbon impact across our product portfolio,” said Prakash Arunkundrum, President, Logitech for Business. “This year, we saw incredibly disruptive solutions to address the urgent challenges of carbon reduction in consumer electronics. The ideas shared represent bold steps forward in rethinking materials and processes. The next phase is collaborating with these teams to investigate the scalability of their solutions within Logitech products and across the broader industry.”

The 2025 winners are:

• Jiva Materials Ltd, a startup in the United Kingdom that has developed a fully recyclable and biodegradable substrate for printed circuit boards. The material is designed to dissolve in hot water at the end of its life, allowing electronic components and valuable metals to be easily recovered and reused.
• Flint Labs Pte Ltd., a tech impact startup headquartered in Singapore specializing in developing rechargeable paper low carbon batteries that are safer, cleaner, more flexible and cost-efficient than traditional lithium-ion and alkaline batteries.
• Suzhou CIYI Electronic Technology Co., Ltd., a Chinese company developing a Samarium Iron Nitride (SmFeN) magnet to replace Neodymium (NdFeB) for low and medium grade applications like motors and sensors. Samarium Iron Nitride is a rare-earth permanent magnet known for its strong magnetic properties, high-temperature stability, and corrosion resistance. Compared to other rare-earth elements, samarium is more abundant, less expensive, and easier to recycle.

Winners have the opportunity to work with Logitech on Proof of Concept projects to explore the scalability of their technologies and advance Logitech’s Design for Sustainability initiatives, contributing to product carbon footprint reduction or enhanced circularity. Elephantech, a 2023 winner of the Challenge, partnered with Logitech to introduce disruptive inkjet additive printing methods on circuit boards. A winner in 2024, smart technology provider Bin-e partnered with Logitech to deploy an AI-powered e-waste recycling bin in a test market.

In addition to this year’s winners, one additional company received distinguished recognition for its creative battery recycling technology.

• GRST Holdings Limited, a Hong Kong-based technology company with research capabilities in water-based manufacturing, PFAS free binders and recycling solutions of lithium-ion batteries.

About the Future Positive Challenge
Logitech continually looks for groundbreaking, next-generation materials, components, and processes to boost the company’s Design for Sustainability efforts. The Future Positive Challenge will re-open again later this year for the 2026 competition. Interested applicants are encouraged to subscribe to receive updates on timing or email FuturePositive@logitech.com for more information about next year’s challenge.

Learn more about all of Logitech’s sustainability initiatives in the FY25 Impact Report or on the website.

About Logitech
Logitech designs software-enabled hardware solutions that help businesses thrive and bring people together when working, creating and gaming. As the point of connection between people and the digital world, our mission is to extend human potential in work and play, in a way that is good for people and the planet. Founded in 1981, Logitech International is a Swiss public company listed on the SIX Swiss Exchange (LOGN) and on the Nasdaq Global Select Market (LOGI). Find Logitech and its other brands, including Logitech G, at www.logitech.com or company blog.

# # #

Editorial Contacts:

Marie Perriard, Head of Sustainability Communications – USA mperriard@logitech.com
Ben Starkie, Corporate Communications – Europe +41 (0) 79-292-3499

Key Findings from the AI-Enhanced Industry Study

The global car industry is at an inflection point with the transition to electrification of power trains as and AI system integration. The next 5 years will determine what players will thrive or disappear, with new entrances mixing up established powerhouses. A comprehensive forecasting analysis of the global automotive industry suggests significant shifts in market dynamics through 2030, with China set to increase its share of global vehicle production from over 30% to nearly 40%, while traditional companies (and countries) are facing a variety of transition challenges.

Major Market Shifts Expected
The study, which is based on historic and present data of 21 major automotive companies using advanced AI forecasting methods, projects divergent paths for different regions:

Chinese dominance is expanding: China’s vertically integrated approach—from lithium processing to battery manufacturing to final assembly—creates cost advantages and supply chain resilience that is difficult to replicate. The country’s coordinated industrial policy, the large number of engineers and infrastructure investments are expected to help China to capture the largest share of industry growth.

US manufacturers under pressure: American car makers are looking at the possibility of further decline in sales, revenues, and profitability, attributed to slow electric vehicle adoption, supply chain uncertainties and lack of competitiveness in export markets.

Europe – fragile stability: European producers are expected to maintain relatively stable positions, with premium brands providing pricing power and margin protection against low-cost competition.

Methodology and Scope
The forecasting model integrates multiple analytical approaches including S-curve modelling, linear trend analysis, mean reversion models, and machine-learning tools. The analysis incorporates historical performance data, brand power metrics, consumer perceptions, and adaptation speeds across the industry.

Tesla Valuation Concerns 
The analysis raises significant questions about market valuations, particularly regarding Tesla, which is currently valued at more than $1.1 trillion despite selling fewer than 2 million vehicles compared to Toyota’s 10 million units. The study suggests Tesla is currently overvalued by roughly 900% based on traditional automotive industry metrics.

Technology Transition Impact
The next five years will likely determine which companies successfully navigate the transition from combustion-engines to integrated electric cars, and which companies become casualties or winners of technological and market disruption, as the industry faces its most significant transformation since the advent of mass production.

Read more here: Changing seat: competitiveness-based forecasting the car industry

Limitations and Assumptions

The forecast assumes no major geopolitical destabilisation or climate-related supply chain disruptions, acknowledging that unforeseeable events are not included in the modelling.

This analysis provides insights for investors, industry stakeholders, and policymakers as the automotive sector undergoes its most dramatic restructuring in over a century.

About SolAbility
SolAbility is an ESG consultancy and research think-tank, publisher of the Global Sustainable Competitiveness Index, and has designed ESG system that have made clients Global DJSI leaders.

Key Findings from the AI-Enhanced Industry Study

The global car industry is at an inflection point with the transition to electrification of power trains as and AI system integration. The next 5 years will determine what players will thrive or disappear, with new entrances mixing up established powerhouses. A comprehensive forecasting analysis of the global automotive industry suggests significant shifts in market dynamics through 2030, with China set to increase its share of global vehicle production from over 30% to nearly 40%, while traditional companies (and countries) are facing a variety of transition challenges.

Major Market Shifts Expected
The study, which is based on historic and present data of 21 major automotive companies using advanced AI forecasting methods, projects divergent paths for different regions:

Chinese dominance is expanding: China’s vertically integrated approach—from lithium processing to battery manufacturing to final assembly—creates cost advantages and supply chain resilience that is difficult to replicate. The country’s coordinated industrial policy, the large number of engineers and infrastructure investments are expected to help China to capture the largest share of industry growth.

US manufacturers under pressure: American car makers are looking at the possibility of further decline in sales, revenues, and profitability, attributed to slow electric vehicle adoption, supply chain uncertainties and lack of competitiveness in export markets.

Europe – fragile stability: European producers are expected to maintain relatively stable positions, with premium brands providing pricing power and margin protection against low-cost competition.

Methodology and Scope
The forecasting model integrates multiple analytical approaches including S-curve modelling, linear trend analysis, mean reversion models, and machine-learning tools. The analysis incorporates historical performance data, brand power metrics, consumer perceptions, and adaptation speeds across the industry.

Tesla Valuation Concerns 
The analysis raises significant questions about market valuations, particularly regarding Tesla, which is currently valued at more than $1.1 trillion despite selling fewer than 2 million vehicles compared to Toyota’s 10 million units. The study suggests Tesla is currently overvalued by roughly 900% based on traditional automotive industry metrics.

Technology Transition Impact
The next five years will likely determine which companies successfully navigate the transition from combustion-engines to integrated electric cars, and which companies become casualties or winners of technological and market disruption, as the industry faces its most significant transformation since the advent of mass production.

Read more here: Changing seat: competitiveness-based forecasting the car industry

Limitations and Assumptions

The forecast assumes no major geopolitical destabilisation or climate-related supply chain disruptions, acknowledging that unforeseeable events are not included in the modelling.

This analysis provides insights for investors, industry stakeholders, and policymakers as the automotive sector undergoes its most dramatic restructuring in over a century.

About SolAbility
SolAbility is an ESG consultancy and research think-tank, publisher of the Global Sustainable Competitiveness Index, and has designed ESG system that have made clients Global DJSI leaders.