Tag: 3BL

March 23, 2026 /3BL/ – Southwire Company LLC, North America’s leading wire and cable manufacturer, has announced a strategic investment in Verdigris Technologies, Inc, an AI-native electrical intelligence company focused on AI-scale data center infrastructure. The investment reflects Southwire’s commitment to advancing power delivery for next-generation computing environments.

Verdigris delivers a cloud‑first platform that captures high-frequency electrical data at the circuit level. Its sensors install inside existing electrical panels and sample thousands of times per second, providing sub‑second visibility into load behavior, power quality and early fault conditions. 

As AI workloads push unprecedented power density in modern data centers, operators face rising risk in reliability and usable capacity. Verdigris’ high-frequency sensing platform is built for these environments, enabling safer compute expansion while improving efficiency.

“Southwire is committed to being a leader in power delivery for AI data center infrastructure,” said Charles Hume, Managing Director of Southwire Technology Ventures. “Verdigris’ ability to provide sub-second visibility into electrical behavior offers a level of insight that traditional monitoring systems simply cannot deliver. This supports our goal of delivering advanced solutions that help AI-scale customers optimize performance and reduce waste.”

Verdigris’ platform is already used across mission‑critical data centers and other facilities for Fortune 500 companies across the US. Their system can detect load anomalies, identify power quality problems and automate insights that drive energy savings.

“Southwire’s investment accelerates our mission to build AI-native electrical intelligence for next generation infrastructure,” said Mark Chung, CEO and Co-Founder of Verdigris. “We’re starting with high-performance AI data centers — where power density and real-time awareness are critical — and expanding into other mission-critical environments that require this level of precision.”

As part of the partnership, Southwire and Verdigris are working to integrate AI-native electrical intelligence into select Southwire offerings, enabling deeper visibility into power delivery, equipment health and performance optimization for AI-scale infrastructure.

For more information on the partnership between Verdigris and Southwire, click here.

March 23, 2026 /3BL/ – Southwire Company LLC, North America’s leading wire and cable manufacturer, has announced a strategic investment in Verdigris Technologies, Inc, an AI-native electrical intelligence company focused on AI-scale data center infrastructure. The investment reflects Southwire’s commitment to advancing power delivery for next-generation computing environments.

Verdigris delivers a cloud‑first platform that captures high-frequency electrical data at the circuit level. Its sensors install inside existing electrical panels and sample thousands of times per second, providing sub‑second visibility into load behavior, power quality and early fault conditions. 

As AI workloads push unprecedented power density in modern data centers, operators face rising risk in reliability and usable capacity. Verdigris’ high-frequency sensing platform is built for these environments, enabling safer compute expansion while improving efficiency.

“Southwire is committed to being a leader in power delivery for AI data center infrastructure,” said Charles Hume, Managing Director of Southwire Technology Ventures. “Verdigris’ ability to provide sub-second visibility into electrical behavior offers a level of insight that traditional monitoring systems simply cannot deliver. This supports our goal of delivering advanced solutions that help AI-scale customers optimize performance and reduce waste.”

Verdigris’ platform is already used across mission‑critical data centers and other facilities for Fortune 500 companies across the US. Their system can detect load anomalies, identify power quality problems and automate insights that drive energy savings.

“Southwire’s investment accelerates our mission to build AI-native electrical intelligence for next generation infrastructure,” said Mark Chung, CEO and Co-Founder of Verdigris. “We’re starting with high-performance AI data centers — where power density and real-time awareness are critical — and expanding into other mission-critical environments that require this level of precision.”

As part of the partnership, Southwire and Verdigris are working to integrate AI-native electrical intelligence into select Southwire offerings, enabling deeper visibility into power delivery, equipment health and performance optimization for AI-scale infrastructure.

For more information on the partnership between Verdigris and Southwire, click here.

Key Takeaways: Water Risk Assessments

• Water Risk Assessments (WRAs) help organizations identify physical, regulatory, and reputational water risks that may affect operations, supply chains, and long-term business resilience.
• A strong corporate water risk assessment combines global datasets, local expert validation, and site-level insights to accurately evaluate current and future water vulnerabilities.
• WRAs allow companies to prioritize high-risk locations, prepare for evolving water regulations, and manage climate-related water pressures.
• The results provide a foundation for water risk management and broader water stewardship strategies, helping businesses strengthen sustainability performance and operational continuity.

An estimated quarter of the world’s population (more than 2 billion people) live in areas of high water stress, according to the 2024 United Nations World Water Development Report. “High water stress” means that more than 80% of the available water resources in a region are consumed. As water stress grows globally, businesses of all sizes need to address their water-related risks to ensure uninterrupted operations.

Water Risk Assessments (WRAs) are a practical tool for companies across industries to understand their current and future water risks. By translating water risks to business risks, WRAs provide companies with a roadmap for making informed, proactive decisions. This foundational step helps your business stay ahead of water concerns and ever-changing regulations for a more resilient future.

What is a Water Risk Assessment?

A WRA identifies and evaluates water-related risks where a business has operational presence. This extends across three categories: physical, regulatory, and reputational risks.

• Physical water risks include water availability (whether there is too much or too little), water quality, climate change, and extreme weather events
• Regulatory water risks include both on-site permit compliance and broader water management considerations (such as water allocation schemes and access to safe drinking water)
• Reputational water risks are related to public perception and social tensions surrounding water use and pollution

WRAs identify how individual sites and their localized regions may be affected by all three types of water risk. This gives companies a holistic view of where and how their business operations may be vulnerable to water risks.

Why Would Your Business Want a Water Risk Assessment?

WRAs give companies a resource to plan for long-term business continuity. Understanding operations may be affected by local water issues like scarcity or flooding, plus the risks associated with regulatory changes, allows companies to reduce potential negative impacts, and pave the way for better water stewardship.

“You can’t manage water risks you haven’t measured, and assessment is the first step to resilience,” says Erik Foley, Senior Consultant and Sustainability Practice Lead at Antea Group.

Antea Group’s Methodology: A Three-Filter Process

Antea Group understands that while water is a global resource, an individual company’s water risk requires a hyper-local review of physical, regulatory, and reputational risks. We have developed a WRA methodology that can be applied to any business. The boundaries of a WRA can range from a single facility to hundreds of global sites and can even include a company’s supply chain footprint. We work to ensure the boundaries of the WRA meet the interests and needs of each client.

After setting the assessment boundaries, Antea Group applies our WRA methodology that leverages data from three filters to provide comprehensive and insightful results for each site.

Filter 1: External Datasets

Using the robust and globally recognized World Resources Institute (WRI) Aqueduct Water Risk Atlas, Antea Group obtains location-specific data for 13 water risk indicators that span physical, regulatory, and reputational risks. This filter provides an initial, high-level screening of the water risks at each site.

Filter 2: Expert Validation

Antea Group utilizes our Inogen Alliance global network to have local water experts provide validation and add local perspectives to the data from Filter 1. Our water experts are located across the globe and provide the tailored, industry-specific, and hyper-local insights necessary for turning the WRA outputs into actionable, context-driven decision enablers.

Experts provide qualitative insights on risk drivers and local context, as well as quantitative scores for water-related risk across seven categories: overall business risk, future business risk, supply quantity, municipal infrastructure, watershed quality, regulations and governance, and social/media. This filter provides local validation of the information presented in the external datasets.

Filter 3: Risk Applicability Screening

Antea Group coordinates with the company to solicit site-level feedback on water-related challenges through an online survey tool. The online tool is a streamlined way for clients to gather the unique site-specific context on the current water context, water risk applicability, and current water-related challenges. This filter provides the site-specific applicability assessment of Filter 1 and 2 outputs.

The results of the three filters are combined to establish a dimensional view of current and future water risks for each site evaluated, with specific scoring indicating the external (Filter 1 and 2) and internal (Filter 3) risk evaluation. The resulting information allows companies to understand priority and severity of risk but also brings attention to sites where further evaluation is needed (when external and internal risk scores diverge).

What Makes Our Approach Unique: Setting the Stage for Water Stewardship Strategy

Data is important. Publicly available tools, like the WRI Aqueduct and WWF Water Risk Filter, are a wonderful starting place for understanding potential risk exposures. However, global datasets are models meant to be used for high-level assessments and cannot always capture the intricacies of the local hydrological context, or the complex regulatory frameworks governing water resources. For example, a facility may be located in a watershed where surface waters are highly polluted due to heavy industry, something that is likely to be flagged in the external datasets and classified as a high vulnerability for water supply contamination. But a local expert may determine that the municipality surrounding the facility is supplied only by surface water from a different catchment altogether that is less vulnerable to contamination. Our expert validation step allows our WRA results to be localized in a way that global datasets cannot capture. Including validation from the site itself may show us that the site relies on groundwater from a confined, unpolluted aquifer and does not rely on surface water at all. Capturing the local context is a necessity for a WRA to be informative and actionable.

WRAs pinpoint business vulnerabilities, laying the groundwork for a water stewardship strategy. Recognizing the importance of being able to support our clients in addressing vulnerabilities, Antea Group has developed an 8-Step Water Leadership Cycle as a framework to guide companies through addressing water risks. The cycle begins with a WRA followed by action planning and goal setting, supply chain engagement, performance tracking, and disclosure.

Take a look at a case study on how Antea Group applied this methodology to help a Data Center company gain a greater internal understanding of water as a business issue across its operations.

Making the Most of Your WRA Results

The high-level physical, regulatory, and reputational water risks identified by a WRA are valuable insights for businesses. Antea Group’s water stewardship team can support clients by turning WRA business insights into action. Whether supporting your business through expanding WRAs to your company’s overall water supply chain, looking closer at high-risk sites by performing source vulnerability assessments (SVAs), or guiding the company through the 8-Step Water Leadership Cycle to become water stewards, our team is here to meet your needs with a fit-for-purpose solution.

Ready to Act on Water Risk?

Water challenges are complex, but with the right information, they can be turned into opportunities for leadership and business resilience. WRAs help you understand the intersection of large-scale water challenges with the local scale of your operations. Antea Group’s Water Stewardship experts are ready to guide you through risk analysis, providing local insights for global projects.

 

Access the Water Risk Assessment eBook Here

Key Takeaways: Water Risk Assessments

• Water Risk Assessments (WRAs) help organizations identify physical, regulatory, and reputational water risks that may affect operations, supply chains, and long-term business resilience.
• A strong corporate water risk assessment combines global datasets, local expert validation, and site-level insights to accurately evaluate current and future water vulnerabilities.
• WRAs allow companies to prioritize high-risk locations, prepare for evolving water regulations, and manage climate-related water pressures.
• The results provide a foundation for water risk management and broader water stewardship strategies, helping businesses strengthen sustainability performance and operational continuity.

An estimated quarter of the world’s population (more than 2 billion people) live in areas of high water stress, according to the 2024 United Nations World Water Development Report. “High water stress” means that more than 80% of the available water resources in a region are consumed. As water stress grows globally, businesses of all sizes need to address their water-related risks to ensure uninterrupted operations.

Water Risk Assessments (WRAs) are a practical tool for companies across industries to understand their current and future water risks. By translating water risks to business risks, WRAs provide companies with a roadmap for making informed, proactive decisions. This foundational step helps your business stay ahead of water concerns and ever-changing regulations for a more resilient future.

What is a Water Risk Assessment?

A WRA identifies and evaluates water-related risks where a business has operational presence. This extends across three categories: physical, regulatory, and reputational risks.

• Physical water risks include water availability (whether there is too much or too little), water quality, climate change, and extreme weather events
• Regulatory water risks include both on-site permit compliance and broader water management considerations (such as water allocation schemes and access to safe drinking water)
• Reputational water risks are related to public perception and social tensions surrounding water use and pollution

WRAs identify how individual sites and their localized regions may be affected by all three types of water risk. This gives companies a holistic view of where and how their business operations may be vulnerable to water risks.

Why Would Your Business Want a Water Risk Assessment?

WRAs give companies a resource to plan for long-term business continuity. Understanding operations may be affected by local water issues like scarcity or flooding, plus the risks associated with regulatory changes, allows companies to reduce potential negative impacts, and pave the way for better water stewardship.

“You can’t manage water risks you haven’t measured, and assessment is the first step to resilience,” says Erik Foley, Senior Consultant and Sustainability Practice Lead at Antea Group.

Antea Group’s Methodology: A Three-Filter Process

Antea Group understands that while water is a global resource, an individual company’s water risk requires a hyper-local review of physical, regulatory, and reputational risks. We have developed a WRA methodology that can be applied to any business. The boundaries of a WRA can range from a single facility to hundreds of global sites and can even include a company’s supply chain footprint. We work to ensure the boundaries of the WRA meet the interests and needs of each client.

After setting the assessment boundaries, Antea Group applies our WRA methodology that leverages data from three filters to provide comprehensive and insightful results for each site.

Filter 1: External Datasets

Using the robust and globally recognized World Resources Institute (WRI) Aqueduct Water Risk Atlas, Antea Group obtains location-specific data for 13 water risk indicators that span physical, regulatory, and reputational risks. This filter provides an initial, high-level screening of the water risks at each site.

Filter 2: Expert Validation

Antea Group utilizes our Inogen Alliance global network to have local water experts provide validation and add local perspectives to the data from Filter 1. Our water experts are located across the globe and provide the tailored, industry-specific, and hyper-local insights necessary for turning the WRA outputs into actionable, context-driven decision enablers.

Experts provide qualitative insights on risk drivers and local context, as well as quantitative scores for water-related risk across seven categories: overall business risk, future business risk, supply quantity, municipal infrastructure, watershed quality, regulations and governance, and social/media. This filter provides local validation of the information presented in the external datasets.

Filter 3: Risk Applicability Screening

Antea Group coordinates with the company to solicit site-level feedback on water-related challenges through an online survey tool. The online tool is a streamlined way for clients to gather the unique site-specific context on the current water context, water risk applicability, and current water-related challenges. This filter provides the site-specific applicability assessment of Filter 1 and 2 outputs.

The results of the three filters are combined to establish a dimensional view of current and future water risks for each site evaluated, with specific scoring indicating the external (Filter 1 and 2) and internal (Filter 3) risk evaluation. The resulting information allows companies to understand priority and severity of risk but also brings attention to sites where further evaluation is needed (when external and internal risk scores diverge).

What Makes Our Approach Unique: Setting the Stage for Water Stewardship Strategy

Data is important. Publicly available tools, like the WRI Aqueduct and WWF Water Risk Filter, are a wonderful starting place for understanding potential risk exposures. However, global datasets are models meant to be used for high-level assessments and cannot always capture the intricacies of the local hydrological context, or the complex regulatory frameworks governing water resources. For example, a facility may be located in a watershed where surface waters are highly polluted due to heavy industry, something that is likely to be flagged in the external datasets and classified as a high vulnerability for water supply contamination. But a local expert may determine that the municipality surrounding the facility is supplied only by surface water from a different catchment altogether that is less vulnerable to contamination. Our expert validation step allows our WRA results to be localized in a way that global datasets cannot capture. Including validation from the site itself may show us that the site relies on groundwater from a confined, unpolluted aquifer and does not rely on surface water at all. Capturing the local context is a necessity for a WRA to be informative and actionable.

WRAs pinpoint business vulnerabilities, laying the groundwork for a water stewardship strategy. Recognizing the importance of being able to support our clients in addressing vulnerabilities, Antea Group has developed an 8-Step Water Leadership Cycle as a framework to guide companies through addressing water risks. The cycle begins with a WRA followed by action planning and goal setting, supply chain engagement, performance tracking, and disclosure.

Take a look at a case study on how Antea Group applied this methodology to help a Data Center company gain a greater internal understanding of water as a business issue across its operations.

Making the Most of Your WRA Results

The high-level physical, regulatory, and reputational water risks identified by a WRA are valuable insights for businesses. Antea Group’s water stewardship team can support clients by turning WRA business insights into action. Whether supporting your business through expanding WRAs to your company’s overall water supply chain, looking closer at high-risk sites by performing source vulnerability assessments (SVAs), or guiding the company through the 8-Step Water Leadership Cycle to become water stewards, our team is here to meet your needs with a fit-for-purpose solution.

Ready to Act on Water Risk?

Water challenges are complex, but with the right information, they can be turned into opportunities for leadership and business resilience. WRAs help you understand the intersection of large-scale water challenges with the local scale of your operations. Antea Group’s Water Stewardship experts are ready to guide you through risk analysis, providing local insights for global projects.

 

Access the Water Risk Assessment eBook Here

LEEDS, United Kingdom, March 23, 2026 /3BL/ – For the second consecutive year, Antea Group UK is thrilled to announce co-sponsorship of the 11th annual Global Water Stewardship Forum hosted by the Alliance for Water Stewardship (AWS). Widely recognized as a global platform for advancing responsible water management, the event will take place 23–24 June 2026 in Edinburgh, Scotland.

This year, Antea Group UK will co-sponsor the forum alongside Antea Group Brasil, Antea Group France, Antea Group USA, as well as several Inogen Alliance associates, including  Baden Consulting in Switzerland, Brown & Green in Philippines, CDG Environmental in Costa Rica, Chola MS Risk Services Limited (CMSRS) in India, HPC France, HPC Italy, Mediterra in Spain, and Sustainera Solutions in Azerbaijan, Tonkin + Taylor in New Zealand. 

‘Participating in the AWS Global Water Stewardship Forum as a co-sponsor through Inogen Alliance underscores our commitment to driving innovative, collaborative solutions to today’s water challenges’, shared Alex Perryman, Head of Water Services at Antea Group UK. ‘Events like this are essential for strengthening the collective response to water-related risks.’ 

For over 10 years, the AWS Global Water Stewardship Forum has been a fundamental event for water stewardship professionals worldwide, bringing together experts, practitioners, and organizations to share knowledge, build partnerships, and drive forward best practices in sustainable water management. 

To learn more about the AWS Forum 2026, visit their website.  

About Inogen Alliance 

Inogen Alliance is a global network made up of 70+ local businesses and over 6,000 consultants around the world who can help make your project a success. Our Associates collaborate closely to serve multinational corporations, government agencies, and nonprofit organizations, and we share knowledge and industry experience to provide the highest quality service to our clients. If you want to learn more about how you can work with Inogen Alliance, you can explore our Associates or Contact Us. Watch for more News & Blog updates here and follow us on LinkedIn.    

About Antea Group UK 

Antea®Group is an environment, health, safety, and sustainability consulting firm. By combining strategic thinking with technical expertise, we do more than effectively solve client challenges; we deliver sustainable results for a better future. We work in partnership with and advise many of the world’s most sustainable companies to address ESG-business challenges in a way that fits their pace and unique objectives. Our consultants equip organizations to better understand threats, capture opportunities and find their position of strength. Lastly, we maintain a global perspective on ESG issues through not only our work with multinational clients, but also through our sister organizations in Europe, Asia, and Latin America and as a founding member of the Inogen Alliance.

Throughout NBA All-Star Weekend in Los Angeles, possibility seemed to pulse through every corner of the city. Spaces were buzzing with entrepreneurs refining their pitches as student innovators combined code with basketball, all imagining a future that expands the reach of the game and their own ambitions.

At Comcast, that same belief in what’s possible fuels Project UP, our $1 billion commitment to opening doors to economic opportunity for all. During All-Star Week 2026, that commitment took shape in powerful ways through our collaboration with the NBA Foundation, Beyond the Ball, The Hidden Genius Project, and Knowledge House. Together, we blended the energy of sports, the creativity of technology, and the drive of entrepreneurship to create real, lasting pathways to economic mobility.

Where Innovation Meets Access

On February 12, at the Kia Forum, seven Los Angeles-based entrepreneurs took center court at the NBA Foundation’s 2026 All-Star Pitch Competition. Initially competing for a total of $200,000 in cash prizes, which was ultimately doubled to $400,000 thanks to a generous donor, the founders showcased ventures designed to drive impact in their communities.

This year’s competition spotlighted entrepreneurs advancing social and economic mobility across Los Angeles. The Foundation received nearly 300 applications from local business owners and selected seven finalists during the Semi-Finals, held in Los Angeles on December 2, 2025.

The seven finalists included Mayowa Arogundade, Manju Dawkins, Anwar Douglas, Yosh Miller, Hamilton Perkins, Kristina Wilson and Candace Walker.

Ahead of the Finals, each entrepreneur participated in an accelerator program led by Melissa Bradley of New Majority Ventures.

For these entrepreneurs, the competition offered more than prize money. It provided access: access to capital, mentorship, and visibility among influential leaders across the NBA family and business community. For emerging founders, securing funding and strategic guidance can be the difference between an idea that stalls and one that scales.

The winners of the finals included Perkins from Hamilton Perkins Collection, Douglas of Imperium Care and Miller of Hadley Investment Co.

Through our partnership with the NBA Foundation, Comcast NBCUniversal is leveling that playing field. By connecting entrepreneurs to financial support and decision-makers, we are helping transform bold ideas into viable businesses—fueling job creation, community investment, and long-term economic growth.

^{Dalila Wilson-Scott, Comcast Chief Impact & Inclusion Officer, shares the importance of investing in communities}

^{NBA Foundation All-Star 2026 Pitch Competition Judges: Ann Miller, Bozoma Saint John, Ted Oberwager, Will Bumpus, and Issa Rae}

^{Hamilton Perkins announced as first place winner}

^{Anwar Douglas takes second place prize}

^{Yosh Miller takes third place prize of $75,000}

Designing the Future of the Game

The spirit of innovation continued February 14, with the Game Changers Innovation Lab, sponsored by Comcast NBCUniversal and developed in partnership with Beyond the Ball, an NBA Foundation grantee and community organization that exposes student athletes and sports enthusiasts to the science, innovation and careers behind the sport they love. This design challenge invited 50 youth from across Los Angeles to reimagine how Gen Z and Gen Alpha experience basketball.

During the Innovation Lab, participants developed tech-enabled solutions that blended gaming, social media, immersive technology, and on-court play. They pitched their ideas to a panel of judges, gaining firsthand experience in product development, storytelling, and entrepreneurship. The event culminated in a youth basketball clinic, reinforcing the connection between digital innovation and physical activity—mind and body working together.

These experiences help young people cultivate digital skills essential to the future, including design thinking, coding, data analysis, and problem-solving, while building confidence and entrepreneurial ambition.

Today’s Sports Technologists, Tomorrow’s Funded Founders

All-Star Week also featured a Tech Slam with youth from The Hidden Genius Project and Knowledge House, both Comcast NBCUniversal and NBA Foundation grantees. Students grade 9-12 participated in a full-day immersive experience that introduced them to sports technology, coding, analytics, artificial intelligence, and data-driven careers through interactive workshops, student showcases, and industry panels.

When these young technologists step onto the stage to showcase their projects, they are doing more than presenting code. They are building networks, learning to articulate their value, and positioning themselves as future founders and innovators.

By embedding digital skilling into culturally relevant spaces like sports, we help young people see where they can go. Basketball becomes more than a game. It becomes a gateway to careers in technology, media, and entrepreneurship.

^{Student Innovators and Coaches pose for a group picture during the Game Changers Innovation Lab sponsored by Comcast NBCUniversal}

^{Coach provides instruction to help students concept their sports innovation project}

^{Students experience virtual reality}

^{Judge names a winner of Game Changers Innovation Lab pitch competition}

^{Students pitch their sports tech idea}

^{A group of youth tour and play in the Intuit Dome during NBA All-Star 2026}

Building Pathways to Opportunity

Our work with the NBA Foundation demonstrates the multiplier effect of partnership. Together, we are not only funding entrepreneurs, but we are also nurturing ecosystems of opportunity. Students gain exposure to technology and business leaders. Founders access capital and mentorship. Communities benefit from new ventures, local hiring, and expanded economic activity.

When we invest in digital skills and entrepreneurial pathways, we invest in long-term prosperity. We help ensure that innovation reflects the diversity of the communities it serves. And we create conditions for access so that ambition can translate into possibilities and achievement.

Talent exists everywhere. With Project UP, Comcast is helping ensure opportunity does too.

Dalila Wilson-Scott, Chief Impact & Inclusion Officer, Comcast Corporation and President, Comcast NBCUniversal Foundation

---

About Comcast

Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

SAN FRANCISCO, March 20, 2026 /3BL/ – Wells Fargo & Company (NYSE: WFC) today launched a nationwide challenge to uncover scalable, innovative housing solutions designed to help more people find homes across the country. Managed by Enterprise Community Partners, a leading national housing nonprofit, the 2026 Housing Affordability Breakthrough Challenge will award $10 million in grants across five organizations, along with technical assistance, one‑on‑one industry mentorship, and participation in national peer learning. Since 2019, Wells Fargo has contributed more than $53 million in philanthropic funding to support the Housing Affordability Breakthrough Challenge. Applications open April 1, 2026, through May 15, 2026.

“For most families, housing is the single biggest expense, and rising costs are making it tough to find or keep a home,” said Darlene Goins, head of Philanthropy and Community Impact at Wells Fargo. “The Housing Affordability Breakthrough Challenge is about surfacing creative, practical ideas from nonprofits and companies that we can scale to more people and more communities. If we’re going to expand housing access and affordability, we have to be willing to reimagine what can work.”

Since 2019, Wells Fargo & Company and the Wells Fargo Foundation have made more than $830 million in philanthropic investments nationwide to help keep people housed, expand housing inventory, and increase access to affordable homes.

The Housing Affordability Breakthrough Challenge aims to transform housing through innovations in design and construction, financing, and resident services. Past winners have piloted scalable modular housing systems, new underwriting models, and groundbreaking programs supporting reentry housing, tribal homeownership, and rural community development, among other efforts.

“We’re incredibly grateful for Wells Fargo’s enduring leadership in advancing housing solutions. We’ve seen firsthand how the Housing Affordability Breakthrough Challenge can accelerate promising models that increase affordability, access, and economic opportunity,” said Shaun Donovan, Chief Executive Officer of Enterprise Community Partners. “This year’s competition will support innovations across rural, urban, and tribal communities that are demonstrating tangible results and are ready to scale their impact.”

Criteria for the 2026 Housing Affordability Breakthrough Challenge

This year’s Housing Affordability Breakthrough Challenge will consider applicants proposing solutions across three categories: Design & Construction, Finance, and Service & Delivery Programs. While there is no predetermined number of winners per focus area, applicants must demonstrate existing results, an evidence base for their proposals, and a strategy to scale their innovations. Five winning organizations each will be awarded $2 million in grants. Eligibility is subject to the full criteria, which nonprofit and for-profit organizations are encouraged to review.

Find more information on the 2026 Housing Affordability Breakthrough Challenge and application details.

About Enterprise Community Partners

Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands — all to make home and community places of pride, power, and belonging.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets, providing a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

Media Contact: 
Michelle Palomino
michelle.palomino@wellsfargo.com

SAN FRANCISCO, March 20, 2026 /3BL/ – Wells Fargo & Company (NYSE: WFC) today launched a nationwide challenge to uncover scalable, innovative housing solutions designed to help more people find homes across the country. Managed by Enterprise Community Partners, a leading national housing nonprofit, the 2026 Housing Affordability Breakthrough Challenge will award $10 million in grants across five organizations, along with technical assistance, one‑on‑one industry mentorship, and participation in national peer learning. Since 2019, Wells Fargo has contributed more than $53 million in philanthropic funding to support the Housing Affordability Breakthrough Challenge. Applications open April 1, 2026, through May 15, 2026.

“For most families, housing is the single biggest expense, and rising costs are making it tough to find or keep a home,” said Darlene Goins, head of Philanthropy and Community Impact at Wells Fargo. “The Housing Affordability Breakthrough Challenge is about surfacing creative, practical ideas from nonprofits and companies that we can scale to more people and more communities. If we’re going to expand housing access and affordability, we have to be willing to reimagine what can work.”

Since 2019, Wells Fargo & Company and the Wells Fargo Foundation have made more than $830 million in philanthropic investments nationwide to help keep people housed, expand housing inventory, and increase access to affordable homes.

The Housing Affordability Breakthrough Challenge aims to transform housing through innovations in design and construction, financing, and resident services. Past winners have piloted scalable modular housing systems, new underwriting models, and groundbreaking programs supporting reentry housing, tribal homeownership, and rural community development, among other efforts.

“We’re incredibly grateful for Wells Fargo’s enduring leadership in advancing housing solutions. We’ve seen firsthand how the Housing Affordability Breakthrough Challenge can accelerate promising models that increase affordability, access, and economic opportunity,” said Shaun Donovan, Chief Executive Officer of Enterprise Community Partners. “This year’s competition will support innovations across rural, urban, and tribal communities that are demonstrating tangible results and are ready to scale their impact.”

Criteria for the 2026 Housing Affordability Breakthrough Challenge

This year’s Housing Affordability Breakthrough Challenge will consider applicants proposing solutions across three categories: Design & Construction, Finance, and Service & Delivery Programs. While there is no predetermined number of winners per focus area, applicants must demonstrate existing results, an evidence base for their proposals, and a strategy to scale their innovations. Five winning organizations each will be awarded $2 million in grants. Eligibility is subject to the full criteria, which nonprofit and for-profit organizations are encouraged to review.

Find more information on the 2026 Housing Affordability Breakthrough Challenge and application details.

About Enterprise Community Partners

Enterprise Community Partners is a national nonprofit that exists to make a good home possible for the millions of families without one. We support community development organizations on the ground, aggregate and invest capital for impact, advance housing policy at every level of government, and build and manage communities ourselves. Since 1982, we have invested $80.9 billion and created 1 million homes across all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands — all to make home and community places of pride, power, and belonging.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $2.1 trillion in assets, providing a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 33 on Fortune’s 2025 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo

Media Contact: 
Michelle Palomino
michelle.palomino@wellsfargo.com

PORTLAND, Maine, March 20, 2026 /3BL/ – Sappi North America has received the Climate Performance Award from ClimateWork Maine, recognizing the company’s leadership in reducing carbon emissions across its operations and supply chain. ClimateWork Maine presented the award at its fourth annual summit on March 19 in Portland.

The Climate Performance Award honors a Maine business that does not sell climate products or services but makes measurable progress reducing carbon emissions through climate-friendly actions in its operations or supply chain.

ClimateWork Maine cited Sappi’s Somerset Mill in Skowhegan and Westbrook Mill in Westbrook. Together, the two operations employ about 900 people and play an important role in Maine’s forest products economy. Sappi also operates a Technology Center for research and development in Westbrook.

“Sappi’s Maine operations show how established industries can take meaningful steps to reduce emissions while supporting jobs and local communities,” said Jeff Marks, Executive Director of ClimateWork Maine. “The company’s commitment to renewable energy and responsible forestry demonstrates how companies can reduce their environmental impact while continuing to grow.”

Seventy-eight percent of Sappi’s energy comes from renewable sources. Somerset Mill generates much of that energy on-site using biomass from papermaking byproducts such as bark and wood chips. Sappi also holds an approved Science Based Targets initiative (SBTi) goal of reducing its carbon emissions 41% by 2030, a commitment that closely mirrors Maine’s own targets of reducing greenhouse gas emissions 45% by 2030 and achieving carbon neutrality by 2045.

“Sappi North America’s approach demonstrates that industrial innovation and environmental stewardship can go hand in hand,” said Bakul Wadgaonkar, Sustainability Director, Sappi North America. “By leveraging renewable materials and continuously improving our processes, we are helping advance Maine’s climate objectives while supporting local communities and the forest-based economy.”

Somerset Mill holds triple certification from the Forest Stewardship Council, Sustainable Forestry Initiative, and Programme for the Endorsement of Forest Certification. Sappi recently completed a

$500 million modernization of the Somerset Mill, reinforcing its long-term commitment to manufacturing and sustainability in Maine.

About ClimateWork Maine

ClimateWork Maine (CWM) is a support network for businesses that are taking action on climate change, to meet its challenges and to seize the opportunities it presents to build a more sustainable economy for the future. CWM provides services, information, and networking to promote Maine companies with products, services, or projects related to climate solutions, and to assist companies that want to do more. Our overall objective is to strengthen the image or brand of Maine as a place to bring and build businesses focused on climate impacts with a network of businesses who share similar ideas and a workforce prepared to support the industry.

About Sappi North America, Inc.

Headquartered in Boston, Massachusetts, Sappi North America, Inc., is a leader in converting wood fiber into superior products that are used worldwide. Sappi NA has a corporate office in Portland, Maine and mills in Skowhegan and Westbrook, Maine, Cloquet, Minnesota, and Matane, Quebec, along with a dedicated Technology Center and Sheeting Facility. Sappi NA employs approximately 2,100 people in the United States and Canada.

Sappi NA uses a renewable, recyclable natural source – woodfiber – to create packaging, specialty papers, graphic papers, and pulp that make everyday products more sustainable. Sappi supports sustainable forestry and sustainable manufacturing to mitigate climate change, protect biodiversity and improve soil and water quality.

Sappi North America is a subsidiary of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with more than 12,000 employees and manufacturing operations on three continents in seven countries and customers in over 150 countries. To learn more,

visit www.sappi.com

###

Contacts

Contact: April Jones
Corporate Communications Manager, Sappi North America
april.jones@sappi.com
617.398.0691

Contact: Hannah Lilly
Client Manager, Broadreach Public Relations
hannahl@broadreachpr.com
207.228.3869

PORTLAND, Maine, March 20, 2026 /3BL/ – Sappi North America has received the Climate Performance Award from ClimateWork Maine, recognizing the company’s leadership in reducing carbon emissions across its operations and supply chain. ClimateWork Maine presented the award at its fourth annual summit on March 19 in Portland.

The Climate Performance Award honors a Maine business that does not sell climate products or services but makes measurable progress reducing carbon emissions through climate-friendly actions in its operations or supply chain.

ClimateWork Maine cited Sappi’s Somerset Mill in Skowhegan and Westbrook Mill in Westbrook. Together, the two operations employ about 900 people and play an important role in Maine’s forest products economy. Sappi also operates a Technology Center for research and development in Westbrook.

“Sappi’s Maine operations show how established industries can take meaningful steps to reduce emissions while supporting jobs and local communities,” said Jeff Marks, Executive Director of ClimateWork Maine. “The company’s commitment to renewable energy and responsible forestry demonstrates how companies can reduce their environmental impact while continuing to grow.”

Seventy-eight percent of Sappi’s energy comes from renewable sources. Somerset Mill generates much of that energy on-site using biomass from papermaking byproducts such as bark and wood chips. Sappi also holds an approved Science Based Targets initiative (SBTi) goal of reducing its carbon emissions 41% by 2030, a commitment that closely mirrors Maine’s own targets of reducing greenhouse gas emissions 45% by 2030 and achieving carbon neutrality by 2045.

“Sappi North America’s approach demonstrates that industrial innovation and environmental stewardship can go hand in hand,” said Bakul Wadgaonkar, Sustainability Director, Sappi North America. “By leveraging renewable materials and continuously improving our processes, we are helping advance Maine’s climate objectives while supporting local communities and the forest-based economy.”

Somerset Mill holds triple certification from the Forest Stewardship Council, Sustainable Forestry Initiative, and Programme for the Endorsement of Forest Certification. Sappi recently completed a

$500 million modernization of the Somerset Mill, reinforcing its long-term commitment to manufacturing and sustainability in Maine.

About ClimateWork Maine

ClimateWork Maine (CWM) is a support network for businesses that are taking action on climate change, to meet its challenges and to seize the opportunities it presents to build a more sustainable economy for the future. CWM provides services, information, and networking to promote Maine companies with products, services, or projects related to climate solutions, and to assist companies that want to do more. Our overall objective is to strengthen the image or brand of Maine as a place to bring and build businesses focused on climate impacts with a network of businesses who share similar ideas and a workforce prepared to support the industry.

About Sappi North America, Inc.

Headquartered in Boston, Massachusetts, Sappi North America, Inc., is a leader in converting wood fiber into superior products that are used worldwide. Sappi NA has a corporate office in Portland, Maine and mills in Skowhegan and Westbrook, Maine, Cloquet, Minnesota, and Matane, Quebec, along with a dedicated Technology Center and Sheeting Facility. Sappi NA employs approximately 2,100 people in the United States and Canada.

Sappi NA uses a renewable, recyclable natural source – woodfiber – to create packaging, specialty papers, graphic papers, and pulp that make everyday products more sustainable. Sappi supports sustainable forestry and sustainable manufacturing to mitigate climate change, protect biodiversity and improve soil and water quality.

Sappi North America is a subsidiary of Sappi Limited (JSE), a global company headquartered in Johannesburg, South Africa, with more than 12,000 employees and manufacturing operations on three continents in seven countries and customers in over 150 countries. To learn more,

visit www.sappi.com

###

Contacts

Contact: April Jones
Corporate Communications Manager, Sappi North America
april.jones@sappi.com
617.398.0691

Contact: Hannah Lilly
Client Manager, Broadreach Public Relations
hannahl@broadreachpr.com
207.228.3869