Tag: 3BL

For the seventh consecutive year, world-class equipment, technology and services company, CNH, was considered a great company to work for in Brazil and Argentina, according to Great Place To Work (GPTW).

The achievement reflects the experience of employees in the region, evaluated in a detailed assessment that analyzed aspects such as management, sense of belonging, remuneration, benefits and career opportunities.

For the president of CNH for Latin America, Rafael Miotto, winning the seal for another consecutive year demonstrates the hard work and engagement of the company. “More than achieving – but maintaining this recognition for so many years reflects our commitment to the people who are responsible for promoting innovation and development of our business. Regardless of changes or challenges that arise in our market, we remain committed to promoting a safe environment that values people, so that they can deliver increasingly better results,” he highlighted.

ROCKY HILL, Conn., July 15, 2025 /3BL/ – Henkel, a leading manufacturer of well-known consumer and industrial brands such as Dial® soap, Schwarzkopf® hair care, all® laundry detergent, and Loctite®, Technomelt®, and Bonderite® adhesives, sealants, and functional coatings, has been recognized as a top-scoring business on the Disability Index®, a joint initiative of Disability:IN and The American Association of People with Disabilities (AAPD).

The Disability Index, established in 2015, is the world’s most comprehensive benchmarking tool for Fortune 1000 companies to measure disability workplace inclusion within their organization and assess comparative performance across industry sectors. Henkel’s score of 90 on the 2025 ranking takes into account criteria such as Culture & Leadership, Enterprise-Wide Access, Community Engagement, Responsible Procurement, and Employment Practices including benefits, recruitment, employment, education, retention, advancement, and accommodation.

Henkel is proud to exhibit forward-thinking disability inclusion practices. Globally, people with disabilities represent 1.3 billion individuals*, crossing lines of age, ethnicity, gender, gender identity, race, sexual orientation, socioeconomic status, and other unique identities that Henkel’s employees embody. With disability, as with all other identities, Henkel believes it is important to acknowledge differences and embrace individuality in order to compel remarkable outcomes for employees and the entire organization.

Henkel’s programs and accommodations for those with disabilities were a strong factor in this recognition, including accessibility of its internal communications and social media feeds to people with disabilities and the continuation of its AVID (Awareness of Visible and Invisible Disabilities) Employee Resource Group, with a mission to create a space that celebrates persons with disabilities and their unique identities by providing community, support, and resources.

“At Henkel, we are committed to fostering a culture of belonging where all voices and perspectives are truly heard, respected, and appreciated,” said Robert McNamee, Chief Legal Officer, Henkel North America and Executive Sponsor of the AVID Employee Resource Group. “We’re proud of the initiatives and practices at Henkel that have contributed to earning this recognition, and we remain dedicated to increasing awareness around disability and breaking down the stigma that surrounds it. A number of Henkel‘s employees, customers, consumers, and partners live with a disability or support someone who does, and this drives us to continuously explore innovative ways to improve accessibility and help to shape a more inclusive workplace and society.”

“As we release this year’s Disability Index report, we celebrate the continued progress made by businesses around the world. Today, hundreds of the world’s leading companies are using this tool to benchmark and drive their disability inclusion efforts. Together, we are creating a global economy accelerated by disability inclusion. ” said Jill Houghton, President and CEO of Disability:IN.

*Source: World Health Organization: https://www.who.int/health-topics/disability#tab=tab_1

About Henkel in North America

Henkel’s portfolio of well-known brands in North America includes all®, Purex® and Persil® laundry detergents, Snuggle® fabric softeners, Dial® soaps, Schwarzkopf® hair care, as well as Loctite®, Technomelt® and Bonderite® adhesives. With sales close to 6.5 billion US dollars (6 billion euros) in 2024, North America accounts for 28 percent of the company’s global sales. Henkel employs around 8,000 people across the U.S., Canada and Puerto Rico. For more information, please visit www.henkel-northamerica.com and on X @Henkel_NA.

About Disability:IN

Disability:IN is the leading nonprofit resource for business disability inclusion worldwide. With the world’s leading companies as partners, Disability:IN drives progress through initiatives, tools, and expertise that deliver long-term business impact. Are You IN?

Photo material is available at www.henkel-northamerica.com/press

Henkel Contact
Erica Cooper
475-232-4973
Erica.cooper@henkel.com

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CINCINNATI, July 15, 2025 /3BL/ – CINCINNATI — For the fifth consecutive year, Fifth Third (NASDAQ: FITB) has received a top score of 100 on The Disability Index^®, the leading independent, third-party resource for the annual benchmarking of corporate disability inclusion policies and programs. Fifth Third has also been named among the index’s Best Places to Work for Disability Inclusion.

“At Fifth Third, we are committed to creating an environment where an opportunity to thrive is available to all,” said Nancy Pinckney, chief human resources officer for Fifth Third. “We are delighted that these efforts have once again been recognized by Disability:IN and the American Association of People with Disabilities.”

The Disability Index^® is the world’s most comprehensive benchmarking tool for companies to measure disability workplace inclusion inside their organization and to assess performance across industry sectors. The index evaluates culture & leadership, enterprise-wide access, employment practices, community engagement, supply chain and accessible procurement (unweighted). Companies that earn a top score on the Index earn the title of a “Best Place to Work for Disability Inclusion.” The Disability Index was created in 2015 in collaboration with AAPD.

“We strive to create an inclusive environment where everyone is treated with dignity and respect,” said Stephanie A. Smith, chief inclusion officer for Fifth Third. “We care about our people and their growth and believe that coming together as One Bank is our greatest strength.”

Fifth Third is a leading partner of Project SEARCH, a one-year program that helps high school students with disabilities transition into the workforce. Since the program’s inception in 2005, Fifth Third has trained more than 400 individuals, including 29 current employees, as one of more than 750 Project SEARCH locations worldwide.

Fifth Third was also the first bank to design a checking account for the Achieving a Better Life Experience program, or ABLE. These accounts allow individuals with disabilities to save and invest assets for disability-related expenses.

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About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies^® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank and its common stock is traded on the NASDAQ^® Global Select Market under the symbol “FITB.” Investor information and press releases can be viewed at www.53.com. Deposit and credit products provided by Fifth Third Bank, National Association. Member FDIC.

CONTACT
Amanda Nageleisen (Media Relations)
amanda.nageleisen@53.com
Matt Curoe (Investor Relations)
matt.curoe@53.com | 513-534-2345

SACRAMENTO, Calif., July 15, 2025 /3BL/ – Small businesses who are working to diversify their revenues through government contracts now have an alternative financing option to assist with market entry and working capital. Recognizing the gap in affordable lending for small businesses who often rely on costly lines of credit and may fall prey to predatory lending, California Capital Financial Development Corporation (FDC), with philanthropic support from Wells Fargo, has introduced the California Capital Flex Loan Fund. The official launch of the fund will take place at the Small Business Capital Connection, a networking event connecting business owners with lenders and state agencies. Capital Connection is free to attend and will take place on June 26, 2025 from 9 a.m. from 11:30 a.m. at the California Department of General Services offices located at The Department of General Services Headquarters, 707 3^rd Street, West Sacramento, 95605.

Wells Fargo is providing a $500,000 grant for the program, which will empower the state’s small businesses to participate in regional economic development initiatives, supplier opportunities, and government contracts.

“One of the fastest pathways for small businesses to grow and help create local jobs is to obtain a contract,” said Kären Woodruff, Senior Vice President of Philanthropy and Community Impact at Wells Fargo. “We’re proud to work with California Capital to help them offer small business owners a flexible avenue to capital and coaching during the contract and procurement process.”

California Capital FDC is a Community Development Financial Institution (CDFI) that has been dedicated to helping small businesses start and grow since 1982, providing access to affordable capital and business development services that build the capacity of entrepreneurs and business owners. This fund is not designed for large and established contractors — Flex Fund Loans provide smaller amounts of capital that are ideal for early-stage contractors or very small businesses.

Through the fund, California Capital will connect contract-ready businesses with loans of $5,000 to $150,000 that can be used for working capital, including contract performance costs, bonding fees, or other expenses. With no-interest payments for up to 12 months, and no penalties for early repayment, Flex Fund Loans provide critical gap financing. This is fast but patient capital for critical business needs.

“Helping entrepreneurs access capital to sustain their businesses has been our guiding mission since 1982,” explains Deborah Lowe Muramoto, President and CEO of California Capital. “With this new Flex Loan Fund, we will be able to reach more businesses who are uplifting their communities, creating jobs, and driving California’s economic growth.”

For small businesses who do business with large public and private agencies through contracts, immediate-term funding can be a challenge. Contractors must often complete work, invoice, and may wait up to 90 days or more for payment to arrive. Loans through the California Capital Flex Loan Fund will fill that gap in financing, particularly for businesses who are ready to expand and in opening doors for businesses who are ready to perform on contracts but need financial stability to do so.

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California Capital Financial Development Corporation is a CDFI in Sacramento, California. Established in 1982, California Capital provides capacity-building and access to capital programs for entrepreneurs and small businesses in Northern California, with a mission of creating wealth and economic security in historically underinvested communities.

California Capital operates programs designated to provide a continuum of services to help businesses at every stage of development. CACAPITAL.ORG. 

NEW ORLEANS, July 15, 2025 /3BL/ – Entergy proudly announces the recipients of the Power Your Future Scholarship program, aimed at supporting undergraduate students pursuing eligible technology majors at select Historically Black Colleges and Universities, or HBCUs, and minority-serving institutions across the Gulf South region the company serves. This initiative is part of Entergy’s commitment to creating opportunity, enhancing workforce development and fostering educational success and career development across its service area in Arkansas, Louisiana, Mississippi and Texas.

The growth of a largely digital economy combined with rise of cloud computing and artificial intelligence, is offering new growth opportunities for our business and the region we serve. “Increasingly, tech companies are finding our Gulf South region attractive due to many factors including access to ports, clean energy and available talent. And at Entergy, we want to make sure that the students in the communities we serve are best equipped to compete when opportunities arise,” said Entergy Chair and CEO Drew Marsh.

John Hudson, chief external affairs officer and president of the Entergy Charitable Foundation added, “We are excited to announce the recipients of the Entergy Power Your Future Scholarship, empowering the next generation of technology leaders. By supporting students in their pursuit of higher education at HBCUs and minority-serving institutions, we are investing in an innovative and prosperous future for the communities we serve.”

Each recipient will be awarded a $5,000 scholarship, with a total of 22 scholarships funded by Entergy shareholder contributions. Scholarship recipients and the schools represented include:

Dillard University
Parris Jackson

Jackson State University
Makena Bailey
Makenzie Blackwell
Rita Osi

Philander Smith University
Kenna Agbugba
Ebubechukwu Duruji
Olaoluwa James-Owolabi
Onahi Joel-Ukama
Immanuella Umoren

Prairie View A&M University
Matthew Caldwell
Enrique Morales Mateo
Teliyah Wynder

Sam Houston State University
Ezequiel Flores

Southern University and Agricultural and Mechanical College
Jaden Banks
Khloe Beal
Darrin Gardiner

University of Arkansas at Pine Bluff
Wisdom Ariagbofo
Hawulethu Ndlovu
Matanda Phiri
Emoni Williams

University of Houston
Tupokiwe Kyumba
Dorisa Nishimwe

Managed by Scholarship America®, the largest scholarship and educational support organization in the nation, the Power Your Future Scholarship is part of Entergy Corporation’s broader initiative, The Power of Prosperity. This initiative aims to equip students and their families with financial resources that enhance the success of HBCU students, support underserved communities, and build generational wealth.

In alignment with this mission, Entergy will invest $20 million over the next decade to elevate HBCUs and empower their students throughout its service area. This funding is just part of Entergy’s corporate programming to help strengthen overall education, career preparedness, and workforce development programs across the region it serves. Learn more here.

About Entergy

Entergy produces, transmits and distributes electricity to power life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing for growth and improved reliability and resilience of our energy system while working to keep energy rates affordable for our customers. We’re also investing in cleaner energy generation like modern natural gas, nuclear and renewable energy. A nationally recognized leader in sustainability and corporate citizenship, we deliver more than $100 million in economic benefits each year to the communities we serve through philanthropy, volunteerism and advocacy. Entergy is a Fortune 500 company headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and connect with @Entergy on social media.

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Download a high-resolution Entergy logo here.

Media inquiries:

Cristina del Canto
504-576-4238
mdelcan@entergy.com

View original content here.

DES MOINES, Iowa — Principal Financial Group^® was named to the list of the “Best Places to Work for Disability Inclusion” after earning a top score of 100 on a scale of zero to 100 on the 2025 Disability Equality Index^®, the world’s most comprehensive benchmarking tool for companies to measure workplace disability inclusion.

“At Principal, we understand our success is built on creating an accessible and inclusive environment where every employee can thrive,” said Lisa Coulson, chief human resources officer at Principal. “As we commemorate the 35th anniversary of the Americans with Disabilities Act, this recognition is a timely reminder of the importance of continuously evaluating our progress and identifying opportunities to evolve our practices. We are proud to have earned a top score for six consecutive years, and we remain focused on strengthening our efforts to support disability inclusion for our employees.”

The 2025 Disability Equality Index measures performance in the categories of Culture & Leadership, Enterprise-Wide Access, Employment Practices, Community Engagement, Supplier Inclusion, and Responsible Procurement.

“As we release this year’s Disability Index report, we celebrate the continued progress made by businesses around the world. Today, hundreds of the world’s leading companies are using this tool to benchmark and drive their disability inclusion efforts. Together, we are creating a global economy accelerated by disability inclusion. ” said Jill Houghton, President and CEO of Disability:IN.

Learn more about how Principal supports inclusion here: Global inclusion | Principal.

About Principal Financial Group^®    

Principal Financial Group^® (Nasdaq: PFG) is a global financial company with approximately 20,000 employees¹ passionate about improving the wealth and well-being of people and businesses. In business for 145 years, we’re helping approximately 70 million customers¹ plan, protect, invest, and retire, while working to support the communities where we do business. Principal is proud to be recognized as one of the 2025 World’s Most Ethical Company’s² and named as a “Best Places to Work in Money Management³. Learn more about Principal and our commitment to building a better future at principal.com.

¹ As of March 31, 2025

² Ethisphere, 2025

³ Pensions & Investments, 2024

About the Disability Index® 

The Disability Index® is the leading independent, third-party resource for the annual, confidential benchmarking of disability inclusion policies and programs in business. Now trusted by over 70% of the Fortune 100 and nearly half of the Fortune 500, the tool helps companies determine data-driven actions that can achieve tangible business impact.

For 2025, participation and scored benchmarks are open to companies operating in Brazil, Canada, Germany, India, Japan, the Philippines, the United States, and the United Kingdom.

About Disability:IN

Disability:IN is the leading nonprofit resource for business disability inclusion worldwide. With the world’s leading companies as partners, Disability:IN drives progress through initiatives, tools, and expertise that deliver long-term business impact. Are You IN?

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.​ ©2025 Principal Financial Services, Inc.

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PITTSBURGH, PA, July 15, 2025 /3BL/ – Wesco International (NYSE:WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, has been awarded on USA TODAY’s list of America’s Climate Leaders 2025. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on Earth Day, April 22, 2025, and can be viewed on usatoday.com.

“Our journey toward sustainability is ongoing, and we remain committed to continuous improvement,” said John Engel, Chairman, President and Chief Operating Officer. “We are proud to be recognized by USA Today as one of America’s Climate Leaders.”

The America’s Climate Leaders of 2025 award is based on data compiled from sustainability reports and annual reports. Here are some of the criteria for the ranking:

• Emission intensity: amount of greenhouse gas a company produced relative to its annual revenue.
• Annualized reduction in emission intensity: reductions shown between 2021 and 2023.
• CDP ranking for carbon disclosure rating.
• Data from scope 1 and scope 2 emissions.

Based on the results of the study, Wesco is pleased to be recognized on USA TODAY’s list of America’s Climate Leaders 2025.

Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, relevant business data, and various market and consumer studies and surveys.

About Wesco

Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with approximately $22 billion in annual sales in 2024 and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry’s premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, educational institutions, government agencies, technology companies, telecommunications providers, and utilities. Wesco operates more than 700 sites, including distribution centers, fulfillment centers, and sales offices in approximately 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and global corporations.

Contact
Jennifer Sniderman
Vice President, Corporate Communications
717-579-6603

Originally published in GoDaddy’s 2024 Sustainability Report

Innovation

We’re focused on evolving to deliver for our customers.

The world is constantly evolving, and so are we. To stay ahead of the curve, we continuously experiment and innovate to improve our products and services. It’s essential to our business and helps us deliver the best solutions to our customers.

Our GoDaddy One System Tech Manifesto guides us with key engineering principles like security, performance, and quality. We embrace both inner- source and open-source communities to support innovation and create cutting-edge solutions. We design, develop, and deploy systems aligned to our Security Principles to protect our systems and customers’ data.

To ensure transparency and collaboration across teams, we use Tech Radar, an internal tool to list items that are being used in production and on actively developed GoDaddy products, by category and by lifecycle stage. In 2024, we shared Tech Radar updates in our quarterly Engineering Hangout, a meeting for all employees with engineering roles to share updates related to our work and progress toward our strategic initiatives. To promote learning and spark innovation, new technology and solutions were shared in Tech Radar Tuesday tech talks and Solutions Days, events where engineers share with employees the technical solutions they applied to challenges and details on how to use solutions and apply learnings.

Controlled Experimentation

At GoDaddy, we embrace a culture of experimentation where every employee is encouraged to be an inventor and problem solver to better our products for our customers.

In 2024, we continued to introduce new enhancements to further engage employees and customers alike, driving innovation that delivers impactful solutions. We also hosted 11 Experimentation Showcases for all employees, spotlighting the creativity and ingenuity of our teams. To ensure inclusivity and encourage greater participation, we opened voting for these showcases to all employees in September, leading to a remarkably high level of engagement. These changes underscored our commitment to democratizing innovation and amplifying employee voices.

• In 2024, we conducted more than 2,000 controlled experiments.

Through our dedication to refining our experimentation processes, we introduced notable advancements, including:

• A predictive customer lifetime value metric to prioritize sustainable, long-term customer growth.
   
• A fully in-house experimentation platform, enhancing capabilities for design, configuration, and analysis.
   
• Upgraded tools supporting complex experiments for GoDaddy Guides and post-rollout analysis.
   
• Expanded platform functionality for multi-region experiments and gamified experiment quality assessments, awarding Bronze, Silver, Gold, or Platinum badges.

By leveraging these enhancements, we are fostering innovation and creating customer-centric solutions that address real challenges, ensuring GoDaddy continues to lead with impact and purpose.

Innovation Challenges

Encouraging our employees to think outside the box, we host internal hackathons and innovation challenges, like “bug bashes.” These events promote cross-functional teamwork and push creative boundaries, driving impactful ideas and solutions.

Bug Bashes

In October 2024, our company-wide Security Hackathon Bug Bounty brought together teams to uncover and address potential vulnerabilities. Promoting a culture of learning and innovation, more than 375 employees attended pre-event tech talks on security tooling and threat detection. Eight standout projects emerged from the competition helping to enhance our security posture, tools, and processes. Overall, this was an engaging opportunity for cross-company engineers to get hands on with leveraging our approved Security tools and systems to identify and resolve potential vulnerabilities.

GoDaddy 2024 GenAI Hackathon

Our February Hackathon centered around testing the limits of GenAI. We invited our teams to get creative and they created more than 32 Hackathon projects during the event, with one incredibly successful program rolled into our services, the Personalized GenAI (PGen) program. PGen leverages an in-house, fine-tuned LLM model to offer unparalleled personalization by intelligently adapting to user preferences and interaction history, ensuring tailored content and timely notifications about relevant changes. PGen is context-aware, evolving with user feedback, resulting in optimized offerings for a deeply engaging experience. Following successful A/B testing, we deployed the PGen program to production in July 2024. Since then, it has consistently delivered significant business impact across domain search, integration, and function calling.

Common Development Toolset

In 2024, we continued to prioritize developer efficiency and operational excellence by rolling out the Common Development Toolset. This initiative included a series of in-person and virtual workshops, along with seven virtual bootcamps held across business units, company-wide. These bootcamps emphasized adopting tools to reduce Developer Cycle Time—a critical metric for improving productivity and streamlining workflows. By the end of 2024, nearly 220 production applications were actively utilizing components of the toolset, signaling broad adoption across teams.

The Common Development Toolset also includes numerous powerful internal and third-party tools, like our Developer Experience Portal to facilitate the development process at GoDaddy and the Katana Continuous Delivery platform, which simplifies the development, deployment, and management of applications on Amazon Web Services.

To learn more, read our 2024 Sustainability Report.

About This Report

This GoDaddy 2024 Sustainability Report details our progress toward our corporate sustainability goals, strategies, and initiatives in support of our overarching corporate mission and values. Unless otherwise noted, this report reflects our corporate sustainability performance across our global operations covering the fiscal year period from January 1 to December 31, 2024. To demonstrate our commitment to transparent communication regarding our sustainability progress, we routinely share updates through our website and our annual Sustainability Report. We welcome your questions, comments, and feedback on this report by contacting ESG@GoDaddy.com.

This report references the Global Reporting Initiative (GRI) Standards, includes select Sustainability Accounting Standards Board (SASB) metrics for the Internet Media and Services sector, and the Task Force on Climate Related Financial Disclosures (TCFD). We also disclose our contributions and progress toward priority UN SDGs. For additional information on how we align with these frameworks and key indicators demonstrating our sustainability performance, please refer to the Frameworks & Metrics section.

WASHINGTON, July 15, 2025 /3BL/ – The National Park Foundation (NPF) announced that Subaru of America, Inc. and its retailers have donated more than $1.5 million in support of national parks through the 2024 Share the Love® Event. This donation will help preserve and protect more than 400 parks across the country.

This is the 12th consecutive year that NPF has partnered with Subaru as a Share the Love® Event national charity partner. Subaru is NPF’s largest corporate partner and has donated nearly $65 million to NPF since 2013.

During the 2024 Share the Love Event, Subaru and its retailers donated a minimum of $300 to charity for every new Subaru vehicle purchased or leased at participating Subaru retailers nationwide. The amount donated to NPF reflects how people everywhere connect through the shared joy of experiencing the outdoors together, creating lasting memories and giving back to national parks across the country.

To learn more about the Subaru Share the Love Event, please visit www.subaru.com/share.

ABOUT THE NATIONAL PARK FOUNDATION

The National Park Foundation works to protect wildlife and park lands, preserve history and culture, educate and engage youth, and connect people everywhere to the wonder of parks. We do it in collaboration with the National Park Service, the park partner community, and with the generous support of donors, without whom our work would not be possible. Learn more at www.nationalparks.org.

ABOUT SUBARU OF AMERICA, INC.

Subaru of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company’s vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit media.subaru.com. Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube.

We’re helping solve our customers’ big challenges by innovating and delivering solutions that are better for their business and for the environment. Through our Gigaton Challenge, we aim to reduce 1 gigaton of GHG emissions from our customers’ footprints by 2030.

Project At-a-Glance:

The opportunity:

• Move the industry forward with transformational cold chain transport technology

The solution: 

• The Thermo King/Range electric refrigerated transport solutions

Sustainability outcomes:

• Low- to zero-carbon operation of cold chain transport

In the fall of 2024, Thermo King and Range Energy embarked on a series of operational trials designed to test the capability, capacity and functionality of a landmark electrified refrigerated transport technology. The new system is poised to become the premier electric trailer for cold chain transport. Large-scale deployment of the system, planned for late 2025, will be a massive step toward commercializing electric refrigerated trailers in the Americas.

Cold chain electrification is here

“Cold chain electrification is here, and it’s here to stay,” said Chris Tanaka, VP Product Management at Trane Technologies. “Transporters are eager to transition from conventional solutions to advanced electrified technologies. This new system will be a major step forward for those who want to enhance their sustainability practices, reduce fuel costs and decarbonize.”

The new system combines Range’s electric-powered trailer platform with a Thermo King’s hybrid trailer refrigeration unit (TRU) and other partner-developed technologies. The platform’s main components are a Range eAxle, a battery pack, and an advanced sensor suite.

As the trailer moves, and even when it’s braking, energy is generated by the rotating axle and stored in the battery pack. Simultaneously, the eAxle senses push or pull demand on the trailer and provides propulsion when necessary. The system is designed to run the TRU in 100% electric mode, but can also operate in hybrid mode to ensure load protection. The electric TRU runtime combined with trailer propulsion can result in significant fuel savings for the fleet, in excess of $20,000/year per trailer for some operations.

Sustainable business strategies for the cold chain

Given its tremendous cost-saving potential, applications for the new technology are virtually unlimited. Demand for electrified cold chain solutions has been building in recent years as more transporters have sought to economize their operations in addition to reducing emissions and becoming more sustainable.

“These test runs are only scratching the surface of what this technology is capable of,” shared Tanaka. “We’re currently working with a select set of industry providers who will bring the expertise, know-how and capability to support electric TRU operation at commercial scale.”

Infrastructure is currently in place to support the next phase of the project, including installation and service centers across the continental US, which will provide scalability, flexibility and reliability for customers considering the move to electrification. By the end of 2025, Thermo King Americas anticipates low to zero-emission solutions operating at scale in every segment of the cold chain.

“It has a meaningful ROI, which makes it much more attainable for a cold chain transporter no matter what their size,” continued Tanaka. “In the past it might have been understandable for a transporter to hold back on going electric. Today, the economics simply make too much sense.”

“This latest technological advancement has demonstrated once again that Thermo King is the leader in technology that is transformative to the industry,” said Tanaka. “These tests not only advance our ability to provide our customers with solutions that support their operational and sustainability goals, they support Trane Technologies’ broader sustainability commitments, including the Gigaton Challenge, which will reduce our customer’s carbon footprints by one billion metric tons by 2030.”

Learn more about this project.

Explore how we are growing through sustainability and innovation in our 2024 Sustainability Report.