Tag: 3BL

July 14, 2025 /3BL/ – Novata, the private markets’ sustainability management partner, announced a collaboration with Microsoft. Novata will leverage Microsoft Azure AI Foundry – including Azure AI Search – and Microsoft Fabric to unlock new efficiencies and capabilities in its sustainability solutions, data management and reporting process for businesses globally, giving small and mid-sized Microsoft customers and supply chain partners access to Novata’s pioneering sustainability technology solutions.

Collaboration Highlights:

• Expand Access to Novata’s Platform: Microsoft will become a key sales partner for Novata across its SME channel, making it easier for businesses to access Novata’s platform and solutions, including the Carbon Navigator.
• Co-Develop AI Technology: Novata and Microsoft will co-develop a range of AI-powered tools to simplify sustainability data collection and reporting for clients, as well as drive value creation.
• Strengthen Supply Chain Reporting: Novata will help Microsoft suppliers meet their climate reporting obligations, providing companies with the tools needed to track, manage, and report sustainability metrics with greater accuracy, efficiency and affordability.

“We are excited to deepen our relationship with Microsoft, a company that has not only revolutionized productivity but has also been a leader in addressing the climate crisis and leveraging AI for good,” said Alex Friedman, CEO and Co-Founder of Novata. “This collaboration expands our global reach and strengthens our commitment to providing trusted technology that simplifies sustainability data management, helping companies unlock growth opportunities and enhance their resilience in a rapidly changing world.”

Since its commercial launch in April 2022, Novata has experienced significant global demand for its all-in-one solution for sustainability data management, carbon accounting, regulatory reporting, and advisory services. Novata’s platform is trusted and used by hundreds of GPs in private equity, growth equity, private credit, and venture capital, and more than 10,000 companies in all major geographies. Novata’s clients manage over $12 trillion in assets.

“We believe that addressing climate change is both a responsibility and an important business opportunity,” said Jeremy Pitman, Director of Partner Development, Digital Natives and ISVs – Tech for Social Impact at Microsoft. “Our collaboration with Novata will enable a key segment of our clients to seamlessly and affordably integrate cutting-edge sustainability technology into their operations, empowering them to reduce their carbon footprints and meet their emissions goals.”

Novata has been a portfolio company of Microsoft’s Climate Innovation Fund (CIF) since 2023, reinforcing the alignment of Novata’s mission with Microsoft’s commitment to advancing sustainability solutions. CIF is dedicated to accelerating the development and deployment of new climate innovations through both equity and debt capital.

As a certified B-Corp and Public Benefit Corporation, Novata is on a mission to empower private markets to achieve a more sustainable and inclusive form of capitalism. To learn more about the collaboration, visit Novata’s website and follow Novata on LinkedIn to keep up with the company’s latest news and insights.

About Novata

Novata is the private markets’ sustainability management partner. We empower hundreds of investment firms and over 10,000 companies to achieve their sustainability goals with our trusted data management platform and advisory practice—because it’s good for business and it’s good for the planet. Learn more at www.novata.com.

Contacts

Katie Stueber
press@novata.com

During London Climate Action Week’s official program, Cascale’s executive vice president Andrew Martin spoke on day one of a Project Syndicate event centered on decarbonization.

The two-day programming convened cross-industry thinkers, in a live broadcast-style format meant to enrich dialogue and reach a wide, global audience. Over 2,000 attendees joined online, with in-studio attendees spanning Cascale members such as New Look and Amazon, as well as Lego Group, IKEA, Mills Fabrica, Carbon Trust, and McKinsey, among others. Decades-long “Politics Live” host and BBC journalist Jo Coburn moderated the programming.

The first session focused on “Maintaining the Momentum,” and featured speakers from Ellen MacArthur Foundation, and consultancies Kantar, think tank Doughnut Economics Action Lab, and food and beverage group Asahi.

“Our enthusiasm for the ‘win-wins’ is undermining the investment needed in the corporate world,” said Erinch Sahan, business and enterprise lead at Doughnut Economics Action Lab. Sahan passionately mentioned the need for new ownership models, such as that of Cascale founding member Patagonia’s nature-owned shareholder model or U.K.-based beauty brand Lush’s partially employee-owned model. In these alternative ownership models, companies go against the traditional shareholder-owned model that puts profit above all else.

Companies can’t afford to stick to the status quo according to Jonathan Hall, managing partner of the sustainable transformation practice within Kantar. He referenced the World Economic Forum’s recent Global Risks Report 2025 – which put extreme weather conflicts as second only to armed conflict in the short-term outlook.

In the next session “The Business of Decarbonization,” fashion got its main stage. At the start of the conversation, Coburn played an alarming video tracing the industry’s deep environmental and social injustices across its supply chain. Cascale’s EVP Andrew Martin participated alongside Seb Henbest, group head of climate transition at HSBC; Jodie Keane, senior research fellow with the International Economic Development Group at ODI; Stientje van Veldhoven, global vice president and regional director for Europe at the World Resources Institute.

Martin chastised the “lack of action” on decarbonization but quickly followed it with a data-driven vision which Cascale calls the Industry Decarbonization Roadmap (IDR).

“We now have a really good picture. When it comes to the making of garments, [emissions] come from the raw materials –the growing, turning that into fiber, turning that into fabric, and making the garment. With the data we’ve got, we can now identify the 10 percent of facilities that account for 80 percent of emissions. The good news is that we know which factories they are, we know where they are, we know what country they’re in, what their energy mix is, we know what their facilities are like, and we know what brands are buying from them. We know all of this. The challenge is how do you bring the industry together? What we’re not doing is working fast enough – and in a collaborative way – to actually address those [facilities] with solutions.”

Martin also supplemented data from Cascale’s recent forum in Ho Chi Minh City, outlining the other obstacles manufacturers face to decarbonization.

“The number one was alignment amongst brands – at 42 percent. Finance was actually the lowest one [at 4 percent] which I was really surprised at. Technology solutions was second at 22 percent.”

Martin expanded on the global perspective needed. “We tend to have Global North solutions that we think are right. Our conversations with the manufacturing community tell us that suppliers actually have a lot of the solutions. They know their business, they know what to do, and engaging with them is important. What hinders them is the 20 or so customers who have different taxonomies, different audit systems, different decarbonization programs, and different science-based targets. They’re wondering, ‘How can I actually make anything happen?’”

Building on points throughout the session, he emphasized Cascale is doing the listening and activating work to align brands and suppliers on a collective roadmap.

After the session came to a close, Adair Turner, member of the House of Lords and chair of the Energy Transitions Commission gave a closing keynote address rife with statistics on the reality for the climate crisis. In a moment of action, he called for more green innovation, investment, and policy alignment.

Key Points

• Through its sponsorship, Marathon Petroleum supports the National Medal of Honor Museum’s mission to inspire visitors with stories of courage, sacrifice and integrity.
• The museum opened in Arlington, Texas, and honors the bravery and sacrifice of America’s most distinguished military heroes.
• Marathon Petroleum employees attended a special preview event and described the experience as deeply personal and profoundly moving.

The National Medal of Honor Museum (NMOHM) officially opened its doors to the public on March 25 in Arlington, Texas, offering a powerful tribute to the nation’s most courageous military heroes.

Because Marathon Petroleum Corporation (MPC) is a supporting sponsor of the NMOHM, several MPC employees were invited to a special Corporate Partner Day, where they had the opportunity to explore the museum and reflect on the extraordinary stories it preserves. For many attendees, the experience was deeply moving. Veteran Chris Staats, MPC Vice President of Refining in Martinez, California, said the visit was an incredible experience.

“I am proud of what I did serving my country and understand the hardships of military life,” said Staats. “But the Medal of Honor awardees have experiences on a different level. Their actions display a level of character and courage that is truly amazing. The museum allowed me to share in their experience in a very personal and private way.”

Other veterans who were part of the MPC group were also especially grateful for the opportunity to see the museum, and appreciated the company’s commitment to honoring our nation’s heroes.

“MPC played a role in supporting the NMOHM through multiple donations, ultimately reaching the Leaders Circle level,” said Tim Aydt, Executive Vice President Refining. “We felt like this would be another important way to show support for our veteran community both inside and external to MPC.”

“We are incredibly grateful for the support of partners like Marathon, whose commitment helps us honor the legacy of our nation’s Medal of Honor Recipients and share their stories with people across the country,” said Chris Cassidy, NMOHMF President and CEO.

The NMOHM has welcomed thousands of visitors and continues to educate, engage and uplift through the powerful stories of America’s heroes, helping their legacies endure for generations to come.

“Having a space dedicated to these extraordinary individuals brings the values of courage, sacrifice and integrity to life,” said Cassidy. “The response has been remarkable. People leave feeling inspired to serve others and reminded of the best in each of us.”

This Summer, Stress Relief Is in Bloom

Whether you’re navigating summer travel or prepping for back-to-school routines, you’re not alone in seeking calm. National wellness trends show a spike in demand for natural stress relief, sleep support, and daily rituals that restore balance.

That’s where lavender shines.

At Traditional Medicinals, we’ve sourced lavender for decades—not just for its soothing aroma, but for its botanical integrity and therapeutic strength. At Traditional Medicinals, we believe that crafting effective herbal wellness products begins long before the tea bag is sealed. It starts in the soil, with the growers, the ecosystems, and the traditions that inform how our herbs are cultivated and harvested.

 

From the Hills of Austria to Your Evening Ritual

Our organic lavender is grown by Hans and Hans Pietr, a father-son team who converted their 600-acre farm in Austria to organic after witnessing the toll conventional farming took on their health and land. Today, 260 hectares of their property are certified organic, and 40 acres are dedicated to cultivating camphor-rich lavender for Traditional Medicinals.

Lavender thrives in rocky soil and requires expert care to retain its aroma and therapeutic qualities. With the support of Waldland, a farmer-owned cooperative, the Pietrs have fine-tuned their harvesting and drying practices to preserve the highest quality, something we verify with every batch.

 

What Calms Us Shouldn’t Harm the Planet

Lavender is just one of over 100 botanicals we source with intention. Across every sourcing partnership—from wild collectors to organic farmers—we prioritize regenerative practices, traditional plant knowledge, and multi-year relationships that uplift communities and ecosystems.

Through multi-year partnerships and advanced planning, we’ve cultivated a supplier network that allows us to invest in people, protect ecosystems, and ensure consistent medicinal quality. Our herbs are tested not only to meet U.S. regulatory requirements but also to uphold certifications such as USDA Organic.

 

The Future of Wellness Is Transparent, Ethical, and Effective

Integrity at Traditional Medicinals isn’t just about what goes into the cup. It’s about how the plants were grown, how the people behind them were treated, and how the planet is respected in the process. In an era of greenwashing and quick fixes, we’ve spent 50 years modeling what ethical sourcing and functional herbal products can truly look like.

This summer, as consumers seek better sleep, lower stress, and mindful rituals, we’re proud to offer teas that meet the moment, crafted with purpose, backed by science, and rooted in relationships.*

 

Because wellness should feel good and do good, too.

At Covia, we remain committed to advancing our environmental, social, and governance (ESG) goals with purpose and transparency. In 2024, our team made meaningful strides across a broad range of initiatives aligned with the United Nations Sustainable Development Goals (UNSDGs). The table above summarizes our performance against key targets, reflecting our dedication to responsible operations, positive social impact, and ethical governance. From reducing greenhouse gas emissions and improving biodiversity to promoting a safe workplace and supporting our communities, each accomplishment highlights our ongoing commitment to building a more sustainable and resilient future.

Goals	Targets	2024 Progress
Ensure Responsible Operations	Develop a robust Community Action Plan (CAP) at 100% of our locations to facilitate effective communication, identify areas for improvement, and best respond to community needs Implement Covia’s in-house Environmental Management System (EMS) at every site	We reached our goal of having CAPs at 100% of our facilities. These plans provide each facility with a site-specific plan for engaging the community. This approach not only fosters strong community relationships but also enhances our environmental stewardship efforts, allowing us to respond effectively to local needs and share successful strategies company wide.  Our EMS program is fully implemented at 9 sites, and we are working to finalize implementation across our network.
Reduce Greenhouse Gas Emissions	Reduce Scope 1 and 2 GHG emissions by 20% from our 2021 baseline, on a per-ton basis	In 2024, we reduced our Scope 1 and 2 emissions intensity by 10% compared to 2023, and by 11% compared to the baseline.
Protect Essential Water Supply	Recycle at least 90% of water at sites in water-stressed areas and expand reporting on consumption at all facilities	Comprehensive reporting is a critical part of our water management approach, and last year we expanded water reporting efforts at 100% of our sites in water-stressed areas. We remain committed to expanding these efforts across all remaining sites.
Preserve, Restore, and Improve Biodiversity	Improve ratio of land rehabilitated to land restored Implement conservation and biodiversity initiatives at all sites, with 50% of mining and processing sites achieving WHC certification  Develop a Species-at-Risk (SAR) Plan at 100% of our mining and processing sites where at-risk species are present	At the end of 2024, our ratio of land rehabilitated to land disturbed was 1:2, compared to 1:6 in 2023. We increased land reclamation investment across many sites, most notably Menomonie, Hephzibah, and Junction City. Of our 45 sites, 20 are certified by the Wildlife Habitat Council (WHC), bringing our total percentage to 44%.In 2024 we expanded implementation of conservation plans, so that 49% of our sites now have a plan in place. We developed 5 new SAR Plans in 2024, bringing our total percentage to 24%. We will continue to adopt these plans across the remaining sites in the coming years.
Ensure Safety and Health of Our Team Members	Achieve year-over-year improvement in all-incidence rate for team members in support of our Safety value and priorities; the ultimate goal is zero injuries Achieve year-over-year reduction in the number of job positions potentially overexposed1 to respirable crystalline silica, through the Hierarchy of Controls	We continued to emphasize our commitment to safety through structured training and programs in 2024. Our all-incidence rate was to 0.89 in 2024. We compare this to the industry definition of anything below 1.0 being world- class safety performance. We continued to invest in measures and capital projects focused on improving dust control at our mining and processing sites. In 2024, the number of job positions potentially overexposed to respirable crystalline silica was 13, compared to 9 in 2023. Please see Safety, Heath, and Security section of the report for more information.
Foster an Inclusive Culture Where Everyone Feels Valued and Engaged	Ensure 100% of employees have access to tailored learning resources by offering structured development programs for specific roles, expanding leadership development for current and future leaders, and providing personalized learning opportunities to meet employees where they are in their developmental journey and assist them in getting where they aspire to be in the future Enhance employee engagement by continuously evaluating and improving existing programs to meet evolving needs, while introducing new initiatives as necessary to foster a dynamic and supportive work environment	We launched our first Leadership EXCELeration Program, which took place in October 2024. Training hours per team member increased and we provided new content in our professional development library each month. Engagement in our biennial Employee Engagement survey increased from the 2022 baseline. We enhanced formal recognition of milestone service anniversaries by publishing feature interviews of long-tenured employees on corporate communication channels.
Support Our Communities	Donate $10 million in funds through The Covia Foundation, which focuses on improving education, the environment, health and wellness, and social equality by supporting initiatives in the communities in which we operate Contribute 50,000 paid or personal volunteer hours in communities where we live and work	Through The Covia Foundation, we donated almost $900,000 across our communities in 2024. In total, our donations since our baseline represent 42% of our goal of $10 million in contributions by 2030. Our team members collectively volunteered 12,420 hours in 2024. In total, employee volunteer hours since our baseline year represent 84% of our goal of 50,000 hours by 2030.
Expand Sustainable Product Offerings	Ensure 100% of our team members complete annual and continual cybersecurity training	We recorded a 93% completion rate of cybersecurity training across our team in 2024.    We issued monthly cybersecurity messages to further a culture of cybersecurity mindfulness among our team members.
Increase Corporate Transparency	Become a signatory to the UN Global Compact (UNGC) and annually report on alignment with its principles Continue to enhance transparency through the alignment of reporting with prevailing frameworks or standards	We disclosed our annual progress report through the UN Global Compact’s Communication on Progress (CoP) platform. Our 2024 report was our second CoP report since becoming a signatory to the UNGC in September 2022. We maintained our commitment to align with prevailing frameworks or standards by aligning this report with the Sustainability Accounting Standards (SASB) framework and aligning with the UN Global Compact. We updated our Task Force on Climate-related Financial (TCFD) Report to reflect changes following the separation of our Energy business.

Further details on these accomplishments can be found throughout Covia’s 2024 Corporate Social Responsibility report.

The 2024 FedEx Cares Report is a testament to the incredible impact the nonprofits we work with globally have made in calendar year 2024. Our mission of connecting people and possibilities extends beyond business—it’s about transforming lives and communities. We are committed to responding when the world needs us most by supporting those affected by natural disasters. We also help open doors for people to access education, meet basic needs, grow businesses, and so much more.

Our team members are at the heart of this journey, too. Through volunteering, we strengthen our culture and make a difference in our communities. Learn more about these efforts and achievements.

Click here to learn about FedEx Cares, our global community engagement program.

Originally published in GoDaddy’s 2024 Sustainability Report

Responsible AI

Staying ahead of the curve means constantly evolving both the technology and also how we use it.

As evolving technologies such as artificial intelligence, machine learning (ML), agentic AI, GenAI, and other similar tools (collectively, AI) continue to shape the future, GoDaddy is moving right alongside these transformative technologies to better serve entrepreneurs worldwide. We’re committed to using AI responsibly and ethically, ensuring it advances our mission of helping business owners succeed while creating meaningful value for their businesses.

GoDaddy aims to harness AI to inspire creativity and save time and help entrepreneurs everywhere grow their business. By using these tools thoughtfully, we’re empowering both our customers and employees to thrive in a rapidly changing world.

Integrating AI

To us, responsible AI means leveraging all forms of AI in a safe, trustworthy, and ethical manner. As these technologies become increasingly prevalent, we’re working to address potential risks like algorithmic bias and misinformation, while ensuring we’re advancing opportunities for our business. We’ve put measures in place to guide the design, development, and deployment of AI, ensuring it’s used responsibly and in alignment with our core values.

Our responsible AI approach includes strategies for mitigating potential risks, such as identifying potentially inaccurate, misleading, or sensitive information and implementing controls where needed. We regularly update our methodologies to ensure they align with GoDaddy’s Code of Business Conduct and Ethics, and we take proactive steps to minimize the risk of bias and maximize accuracy.

At GoDaddy, we thrive on a culture of innovation, creativity, collaboration, and continuous learning. That’s why we offer technical AI-related training and workshops to empower our employees and fuel their innovative thinking. We prioritize open communication and cross-team collaboration, leading to breakthroughs that help solve complex challenges. As AI technologies evolve, we stay vigilant about the risks associated with GenAI, including misinformation and algorithmic bias. Our AI and ML Governance Council plays a key role in overseeing these efforts, ensuring proper guardrails are in place for responsible and ethical AI use.

AI is central to our culture of innovation, and we carefully vet all partnerships we pursue. Our due diligence process involves evaluating potential opportunities to enhance customer experience and business operations while evaluating risks. We work with our Legal, Information Technology (IT), and Risk Teams to conduct thorough assessments, focusing on alignment with our ethical standards, data privacy, compliance with regulations, and performance reliability. You can read more about our Responsible AI policies here.

AI for GoDaddy’s Employees

While we leverage AI to optimize processes externally for our customers, we increasingly focus on using AI internally to improve efficiency,innovation, and productivity. For example, AI helps us optimize code, identify bugs, and streamline development processes. In 2023, we launched an AI coding assistant to aid developers in writing code faster, reducing effort by quickly cycling through code lines, suggesting functions, and allowing developers to decide what to accept or refine.

GoDaddy Content as a Service, our internal AI tool, is designed to enhance employee productivity while protecting data. This bespoke AI tool provides access to a wide range of AI models and enables employees to ask questions, select different models for specific tasks, and even perform coding and privacy adjustments. Specialized “companions” within the tool are tailored to assist with specific workflows, offering targeted support. This technology serves as a valuable review tool, boosting both technical and non-technical employees and enabling everyone to polish their ideas and maximize productivity.

We believe in empowering our employees with the skills to effectively use AI, and we’ve taken steps to ensure they have access to the tools and training they need. From frequent AI newsletters to a variety of GenAI training, we provide a variety of resources to improve digital literacy and make AI accessible for all.

AI for GoDaddy’s Customers

By integrating AI into our products, services, and customer care, we’re helping boost efficiency and accuracy of customer support routing, allowing us to meet our customers’ needs faster and more effectively. While AI helps streamline many of the processes, like our Natural Language Processing technology as part of our proprietary Large Language Model (LLM) described in the Customer Experience section (page 12), GoDaddy Guides are always available, offering personalized support and expert assistance when needed. This blend of AI and human expertise helps ensure our customers have the tools and support they need to succeed.

Our Guides have access to a Guide Assist Bot Interface, which pulls information from our vast catalog of help articles and front of site to help Guides to better assist our customers. GoDaddy also provides customers with a free, curated AI Prompt Library with customizable prompts to boost their business.

To help save small business owners time in growing and establishing their online presence, we include GoDaddy Airo® when a customer registers a domain name with GoDaddy. GoDaddy Airo makes leveraging the power of AI easier for anyone wanting to start a business or take their existing one to the next level. Learn more about the key features of GoDaddy Airo here.

AI EDUCATION WITH EMPOWER BY GODADDY

As part of our Empower by GoDaddy program, in September 2024, GoDaddy hosted an AI for Small Business Summit, bringing together entrepreneurs to discuss practical ways to integrate AI into their businesses. By supporting GoDaddy’s mission to empower entrepreneurs everywhere, the summit helped equip entrepreneurs with the knowledge and tools they need to succeed in the digital age, all while fostering a sense of community and providing networking opportunities.

Additionally in 2024, Empower by GoDaddy made significant strides in integrating AI education across the program, including supporting communities through providing access to cutting- edge technology and resources. This involved the introduction of a course on GenAI, which provided participants with foundational knowledge about AI technologies and their practical applications in business. Complemented by an on-demand webinar that built on the introductory content, the course ensured entrepreneurs could learn at their own pace and revisit the material as needed.

• An impressive 96% of entrepreneurs who completed the course “Boost your business with GenAI” would recommend it to a friend or colleague.

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.

SEOUL, South Korea, July 11, 2025 /3BL/ – Highlighting progress toward its 2030 environmental targets, global innovator LG Electronics has released its new Sustainability Report, which includes updates on reductions in greenhouse gas (GHG) emissions and advancements in resource circularity. The just-published 2024-25 report outlines the company’s wide-ranging efforts to embed sustainability into its worldwide operations as part of its vision for a Better Life for All.

GHG Emissions

LG’s Scope 1 (direct) and Scope 2 (indirect) emissions totaled 910,000 tons of CO₂ equivalent (tCO₂eq) in 2024, getting closer to its 2030 goal of 878,000 tons. The company had previously set the goal to reduce GHG emissions by 54.6 percent (compared to 2017 levels) by 2030. The early achievement of this goal was driven by proactive adoption of energy-efficient equipment and carbon-reduction technologies across multiple production processes.

The sustainability report shows how LG is also making headway in cutting Scope 3 emissions from product use through expanded application of AI and other energy-saving technologies. In the United States, LG is an 11-time Energy Star^® Partner of the Year and a leading provider of energy efficient home appliances, consumer electronics and HVAC systems.

Globally, the company reduced product carbon emissions in 2024 by 19.4 percent compared to 2020. As the first Korean-headquartered home appliance manufacturer to have its emissions reduction targets validated by the Science Based Targets initiative (SBTi), LG said its targets include a 20 percent cut in Scope 3 emissions across seven key product categories by 2030 (based on a 2020 baseline).

Circularity

Progress has also been made in resource circulation, according to the LG Sustainability Report. LG achieved a 97.4 percent waste recycling rate at its global production sites in 2024 – already surpassing its 2030 goal of 95 percent. The company also collected 532,630 tons of used electronics from 91 locations in 56 countries last year, bringing its cumulative total since 2006 to over 5 million tons. Additionally, LG increased the amount of recycled plastic used in its products by 36 percent year-over-year.

Accessibility

Reflecting LG’s Better Life for All ESG mission, the Sustainability Report underscores the company’s commitment to enhancing accessibility in its products and services. The LG Comfort Kit, designed to make appliances easier to use regardless of age, gender or ability, has been expanded to 14 products. Accessibility features such as screen reading and simultaneous audio output for hearing aids and speakers on LG OLED TVs, as well as kiosks with height adjustment and tactile keypads, further reflect this commitment. The report also explains how LG provides inclusive services including disability care programs, sign language consultations and senior support, as well as in-store educational sessions on safety, IT and culture.

ESG Management

LG continues to strengthen its approach to responsible management through a governance structure rooted in compliance and ethics. The company’s board of directors is guided by principles of independence, expertise and transparency, while its ESG Committee plays an expanding role in overseeing sustainability initiatives. In its supply chain, LG supports shared growth through responsible sourcing and third-party ESG audits aligned with Responsible Business Alliance standards.

As a result of its continued efforts, LG ranked in the “Top 1%” of S&P Global’s Corporate Sustainability Assessment for the second year in a row. The company has also earned an “A” grade from Morgan Stanley Capital International for five consecutive years and has been included in the Dow Jones “Best-in-Class World Index” for 13 straight years.

LG has published its annual sustainability report since 2006. To download the full 2024–2025 report, visit: www.lg.com/global/sustainability/reports.

# # #

About LG Electronics Inc.

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over KRW 88 trillion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

About LG Electronics USA Inc.

LG Electronics USA Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics Inc., a smart life solutions company with annual global revenues of more than $60 billion. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems and vehicle components. LG is an 11-time ENERGY STAR® Partner of the Year. www.LG.com.

Media Contact:

LG Electronics USA

John I. Taylor
+1 202 719 3490
john.taylor@lge.com
www.LG.com

July 11, 2025 /3BL/ – Subaru of America, Inc. has once again reaffirmed its commitment to the Camden community with a generous $30,000 donation to The Cooper Foundation. Now in its fourth consecutive year, this support—part of the automaker’s Subaru Loves to Care® initiative—helps eliminate barriers to care by providing durable medical equipment and reliable roundtrip transportation for patients served by Cooper University Health Care.

The funding directly supports patients in Camden with medical equipment often not covered by insurance, such as blood pressure monitors, glucometers, scales, wheelchairs, walkers, and canes. These tools empower patients, especially those with chronic conditions, to manage their health safely at home and reduce avoidable hospital visits.

In 2024 alone, this partnership served 402 Camden residents, delivering 24,780 individual pieces of medical equipment and 990 transportation rides to 230 patients. The program reached patients through trusted Cooper programs and clinics, including the Urban Health Institute, the Cooper Rowan Clinic for uninsured residents, the Center for Population Health, the Maternal/Infant Unit, OB-GYN Triage, and Cooper’s Transitional Care and resident-run clinics.

“Our work simply wouldn’t be possible without corporate champions like Subaru,” said Philip A. Norcross, Esq., chairman of The Cooper Foundation Board. “This grant will remove real-world obstacles for many of our most vulnerable patients. We’re proud to continue building a shared vision for a healthier Camden—together.”

“Subaru is not just a corporate partner, but a true neighbor demonstrating care for the Camden community,” said Anthony J. Mazzarelli, MD, JD, MBE, co-CEO of Cooper University Health Care. “Their consistent support directly strengthens the health and well-being of Camden residents.”

“Subaru’s support helps us provide essential medical care beyond the walls of our hospitals and clinics to meet patients where they are, ensuring they get the care they need when they need it,” added Kevin M. O’Dowd, JD, co-CEO of Cooper University Health Care.

“At Subaru, we believe in showing up for our hometown,” said Erica McLeod, corporate social responsibility manager, Subaru of America, Inc. “The Subaru Loves to Care initiative is about making a real difference, and this partnership with Cooper puts that promise into action by directly impacting people’s lives right here in Camden.”

Over the years, Subaru of America, Inc. has supported numerous Cooper initiatives, including the donation of four emergency vehicles to Cooper EMS, contributions to the Children’s Regional Hospital at Cooper, and longtime sponsorship of The Cooper Foundation’s Pink Roses & Teal Magnolias event for women’s cancer programs.

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About The Cooper Foundation
The Cooper Foundation supports the patients, services, research and educational programs of Cooper University Health Care, one of the largest health systems in southern New Jersey. By partnering with the community, we help Cooper thrive and do more for the people of South Jersey. Generosity allows Cooper to deliver research that leads to cures, growth and development that transforms communities and care that goes beyond the ordinary for patients and their families.

Learn more by following The Cooper Foundation on social media

Facebook │ Instagram │ LinkedIn │ X │ TikTok │ YouTube │ Flickr │ foundation.cooperhealth.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 $340 million to causes the Subaru family cares about, and its employees have logged over 115,000 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.

Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com

Adam Leiter
Corporate Communications Specialist
(856) 488-8668
aleiter@subaru.com

Authored by Baker Tilly’s Jiyoon Choi, Beckett Woodworth

The “One Big Beautiful Bill” (OBBB) Act has cleared its final hurdles. On July 3, 2025, the House approved the Senate’s July 1 version without any changes in a close 218-214 vote, sending H.R. 1 to President Trump. The President signed it into law during a July 4 ceremony on the White House lawn. With his signature, the comprehensive tax, spending and energy package officially took effect on July 4, 2025.

For clean energy project developers, practitioners or future credit claimants tracking the Inflation Reduction Act, the next step is to understand how these statutory changes interact with existing guidance. Our earlier analysis of the Senate-passed version, complete with a side-by-side table of every significant clean energy credit, remains the best reference point. The main takeaways stay the same: developers now have a longer period to qualify for full incentives, prevailing wage compliance is no longer a cliff for fuel-cell ITC eligibility and several legacy phase-outs have been reset. Review the table to see exactly how your project timelines, basis models and contract language may need to be adjusted under the new law. Stay tuned for agency guidance in the coming months.

Although changes under OBBB could affect your potential energy projects and IRA credits, you can plan your current or upcoming projects accordingly. Consult with Baker Tilly’s specialists for the latest insights on energy tax credits and clean energy policies. We’ll help you evaluate project impacts, document key construction dates and secure current IRA benefits before changes take effect. Reach out to an IRA specialist today.