Tag: 3BL

With global warming intensifying and 2024 marking the warmest year on record, the need for climate-conscious landscaping practices has never been greater. Fortunately, nature offers resilient solutions.

Drought-tolerant turfgrasses like clover and buffalo grass, when integrated with native plants, empower homeowners and communities to harness the vital environmental benefits of lawns and green spaces in our changing world.

Here are 10 powerful ways lawns contribute to a sustainable future and enhanced well-being:

1: Sequestering Carbon

Natural turfgrass is a highly effective carbon sink, playing a crucial role in mitigating climate change. Its extensive leaf surface area surpasses that of many other plants, making it a carbon sequestration powerhouse.

Impressively, a well-nourished lawn can capture twice the amount of carbon from the atmosphere in a single year compared to a tree over a decade.

2: Combating urban heat islands

The increasing prevalence of heat-absorbing urban landscapes, dominated by concrete and asphalt, exacerbates rising temperatures, creating dangerous heat islands.

In contrast, well-maintained lawns and landscapes act as natural cooling systems, reducing surface temperatures by a significant 30-40 degrees Fahrenheit compared to bare soil, and 50-70 degrees Fahrenheit cooler than streets and driveways.

3: Mitigating drought

Lawns play an active role in drought mitigation by optimizing water infiltration and promoting sustainable water management. Integrating more green spaces with trees, native plants, and natural turfgrass in urban areas fosters the development of “sponge cities,” which are better equipped to absorb rainfall and filter water efficiently, enhancing overall drought resilience.

4: Minimizing flood risk

Natural turfgrass and other green elements act as natural buffers against heavy rainfall, reducing the strain on stormwater runoff systems and mitigating flooding.

A 5,000-square-foot natural grass lawn on sandy-loam soil can capture approximately 2,000 gallons of rainwater before runoff occurs, effectively slowing the flow of water during intense storms and preventing erosion.

5: Increasing oxygen production

Lawns are significant producers of life-sustaining oxygen through the process of photosynthesis.

A 2,500-square-foot lawn generates enough oxygen to meet the daily needs of a family of four, while a single acre of natural turfgrass produces enough oxygen for 64 people every day.

6: Improving air quality

Natural turfgrass acts as an air purifier, effectively trapping dirt and dust particles, leading to a cleaner environment and improved air quality. Airborne dust not only poses respiratory risks but can also reduce urban sunlight by up to 15 percent in the form of smog.

7: Reducing noise pollution

Turfgrass is a natural, acoustically absorbent material that effectively dampens sound waves interacting with the ground.

Grassy slopes and greenbelts along roadways can reduce noise levels by a noticeable 8-10 decibels, providing significant relief for those living near busy traffic or in densely populated urban areas.

8: Fostering healthier communities’

Accessible green spaces are vital for promoting physical activity, relaxation, and social interaction within communities. The decline or absence of robust green spaces can negatively impact productivity, increase susceptibility to anxiety, and contribute to a decline in overall mental health.

9: Providing safer playing surfaces

Natural turfgrass offers a significantly softer and more shock-absorbent surface for recreational activities and sports compared to artificial turf. The NFL Players Association has recognized the lower incidence and severity of injuries on natural grass, advocating for the conversion of artificial practice and game fields.

10: Promoting biodiversity

Lawns and green spaces contribute to biodiversity by providing essential habitat for various wildlife and plant species. Diverse green areas also attract crucial pollinators, such as bees, and the natural decomposition of grass enriches the soil, adding over 6,500 pounds of organic matter annually to an area the size of a football field.

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About ScottsMiracle-Gro
With approximately $3.6 billion in sales, the Company is the world’s largest marketer of branded consumer products for lawn and garden care. The Company’s brands are among the most recognized in the industry. The Company’s Scotts®, Miracle-Gro®, and Ortho® brands are market-leading in their categories. The Company’s wholly-owned subsidiary, The Hawthorne Gardening Company, is a leading provider of nutrients, lighting, and other materials used in the indoor and hydroponic growing segment. For additional information, visit us at www.scottsmiraclegro.com. 

A message from PNC Chief Corporate Responsibility Officer Richard Bynum
PNC has long been an engaged and responsible company, rooted in the belief that meaningful relationships are built and strengthened through honest and transparent dialogue and action. Our guiding principle across all our businesses is to do right by our customers, employees, shareholders and the communities we serve.
 
With a theme of “Doing right is a brilliant way to do business,” the 2024 PNC Corporate Responsibility Report provides valuable insight into our measurable impact and reflects our commitment to strengthen the trust of our stakeholders by managing our business with integrity, transparency and accountability. We know that a strong foundation in governance and risk management helps drive our company’s success and positive reputation.
 
Key 2024 highlights include:

• Deployed $28.5 billion of the $88 billion committed through our four-year Community Benefits Plan, bringing our total since 2022 to $85.5 billion. 
   
• Celebrated 20 years of PNC Grow Up Great® in 2024. Since 2004, our signature philanthropic focus has provided nearly $270 million in grants to organizations championing high-quality early childhood education, and our employees have volunteered more than 1.2 million hours in support. 
   
• Continued to meet our customers where they are, with more than 3,100 mobile branch deployments, traveling over 89,000 miles in 2024 and serving more than 22,000 individuals. 
   
• Mobilized $6.11 billion in environmental financing, cumulatively bringing us very close to achieving our $30 billion environmental finance pledge, which we expect will be satisfied by the end of 2025. 
   
• Launched the PNC Climate Solutions Partner program. This skill-building initiative educates PNC employees on our Climate Action Strategy and enables front-line employees to better support our customers as they develop and work through their own unique climate goals and plans. 
   
• More than 9,500 employees have enrolled in academic programs through PNC’s education benefits over the last two years. 

None of PNC’s achievements would be possible without the talent and commitment of my 55,000-plus colleagues who are focused on delivering for our stakeholders every day. Thank you for your contributions that make PNC a dependable neighbor, company and employer. Collectively, will continue to focus on running our business reliably, with integrity and in service of our stakeholders.

Media Contact:
Heidi Barker, Director, Corporate Responsibility Communications

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by Entergy Corporate

Although the heat of summer can increase electricity use and energy costs, Entergy is committed to helping customers stay cool and save money throughout the hotter months with bill management tools and resources. Our online Bill Toolkit connects customers to energy efficiency tips and resources, as well as information about bill management and financial assistance options.

Tracking energy use through myAdvisor

Entergy customers can set electric usage alerts and monitor how much energy they use each day through bill management tools like myAdvisor, which is available through their myEntergy account online. Tracking usage over time can help customers identify trends that contribute to higher usage and budget their monthly expenses. With the myAdvisor dashboard, customers have access to not only usage and cost details, but also bill history and projections, analyzer tools and more. On the Entergy mobile app this information can be found by tapping the “usage” tab.

Managing bills through payment options

We also offer several flexible payment options, so customers can choose when, where and how they receive their bills:

• Pick-A-Date allows customers to pay their bills when it works best for them.
• Level Billing allows customers to “level out” seasonal energy use fluctuations, making their bills more consistent every month.
• PaperFREE billing allows customers to get their bills emailed as soon as they post and instant access to two years of billing history.
• AutoPay allows customers to avoid late fees, writing checks and paying for postage by having bills automatically deduct from their bank accounts.

We encourage customers who may need additional payment options to . To see if you qualify for deferred payment arrangements or payment extensions, visit our mobile app or myEntergy.

Finding financial help

We’re here to help customers needing extra help with paying their energy bills. Throughout this summer, our “Beat the Heat” program is focused on helping low-income customers and communities stay cool and pay their bills. The program provides bill payment help, cooling fans and energy efficiency kits and support from local community partners to help hundreds of residential customers across the Entergy region.

We’re also partnering with local and state organizations to connect qualified customers with financial help, including:

• The Power to Care program provides emergency bill payment assistance to older adults and customers with disabilities.
• Low Income Home Energy Assistance Program or LIHEAP provides financial assistance for energy bills and other energy-related expenses.
• Single Stop makes it easy for customers to quickly and confidentially check their eligibility for federal, state and local financial assistance.

For more ways to save energy and money, customers can visit BillToolkit.entergy.com.

Entergy is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability, resilience and growth of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

Corporate Social Responsibility at Entergy

For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer more than 100,000 hours in those communities’ values at more than $3 million.

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World-class equipment, technology and services company, CNH, has taken another step in its commitment to lead sustainable development in the agriculture and construction sector in Brazil.

CNH has joined the UN Global Compact, a United Nations (UN) initiative to mobilize companies to align their strategies with ten universal principles in the areas of Human Rights, Labor, Environment and Anti-Corruption.

The company, which is already a signatory to the Compact at the global level, became part of the Brazil Network and will join the Platform for Sustainable Agro action, joining companies engaged in contributing to the goals of the SDGs – UN Sustainable Development Goals, which are linked to the agriculture agenda.

“We have no doubt about the centrality of agribusiness in the Brazilian economy and its increasingly relevant role for sustainable development. Once again, CNH and its Case IH and New Holland brands take the lead in facing today’s challenges. And CNH becomes the first representative among agricultural machinery manufacturers to become a member of the Global Compact Brazil Network,” said Rafael Miotto, President Latin America at CNH.

The Platform for Action for Sustainable Agriculture is focused on advancing SDG 2 – Zero Hunger and Sustainable Agriculture, SDG 12 – Responsible Consumption and Production and SDG 13 – Action Against Global Climate Change. CNH is already globally committed to supporting the advancement of all these goals and, in addition to these, it also prioritizes SDGs 3, 8 and 10, focused on Health and Well-Being; Decent Work and Economic Growth; and Reduction of Inequalities.

The UN Global Compact currently has more than 25 thousand members in 62 local networks, covering 167 countries.

CNH is also recognized for its ESG leadership for agriculture and construction. Among the most recent highlights are the second place in the category of electrical machinery and components in the S&P Dow Jones World and North America Sustainability Indexes, standing out among the top 5% of the industry in the S&P Global Sustainability Yearbook, a globally recognized sustainability yearbook. The company was also recognized with leadership scores in CDP’s Climate and Water Security ratings.

AMSTERDAM, HONG KONG, OAKLAND, Calif., July 8, 2025 /3BL/ – Cascale, the global nonprofit alliance of more than 300 members across the consumer goods industry, has elected a new board director and re-elected two incumbent board directors to serve on its Board of Directors. These elections to the organization’s parity-based Board ensure equitable representation across manufacturers, affiliates, and brands & retailers to guide Cascale’s aim of powering collective action for a more sustainable, restorative consumer goods industry.

Cascale is pleased to welcome the following new board director:

Mallory McConnell, VP, Corporate Responsibility Operations, PVH Corp
McConnell is a seasoned sustainability executive at PVH Corp, where she leads global programs in ethical sourcing, social compliance, and environmental impact, integrating human rights and environmental stewardship across the apparel supply chain. With over a decade of experience, she has designed and implemented ESG strategies that boost operational efficiency and drive long-term business value. A strategic, solutions-driven leader, McConnell excels at building cross-sector partnerships, enhancing transparency, and delivering measurable impact. She will join Cascale’s Board as the representative for the Brand & Retailer member caucus.

Cascale also congratulates the following individuals on their re-election to the board:

Tamar Hoek, Senior Policy Director, Sustainable Fashion, Solidaridad and Cascale Board Chair
Hoek serves as senior policy director, sustainable fashion for Solidaridad, where she leads global advocacy on climate action, decent work, and responsible purchasing in fashion supply chains. She collaborates with public and private stakeholders to advance sustainable practices and effective regulation. Hoek has served on Cascale’s Board representing affiliate members since 2021, and contributes to multi-stakeholder initiatives including Better Cotton and the Policy Hub. At Solidaridad, she aligns industry actors to drive measurable improvements and impact in fashion production worldwide. Hoek will continue to represent Cascale’s Affiliate member caucus.

Krishna Manda, Vice President, Corporate Sustainability, Lenzing Group and Cascale Board Vice Chair
Manda is Vice President of Corporate Sustainability at Lenzing Group, where he embeds responsible practices into core business functions and fosters culture change anchored in sustainability values. He leads executive-level strategy for TENCEL™, ECOVERO™, and REFIBRA™ fibers—advancing circular-economy solutions in fashion, home textiles, and hygiene products. Since 2022, Manda has served on Cascale’s Board representing the Manufacturer member caucus. He previously co-chaired the Policy Hub from 2020–2022 and holds a Ph.D. in Sustainability from Utrecht University. He will continue to represent the Manufacturer member caucus.

“The 2025 class brings both continuity and fresh insights,” said Harsh Saini, Cascale Board Director, Governance & Nomination Committee Chair, and interim CEO (as of August 1). “Tamar and Krishna’s ongoing service, together with Mallory’s operational expertise, will strengthen our Board’s ability to steer Cascale’s strategic plan and drive transformative industry change.”

“Strong governance is the backbone of Cascale’s impact,” said Colin Browne, Cascale CEO. “With this mix of experienced directors and new talent at the helm, I’m confident we’ll accelerate our mission—leveraging data, driving collective action, and continuing to build an industry that gives more than it takes.”

The newly-elected directors will be officially seated at the Q3 Board meeting in Hong Kong on September 15, 2025, which will be held in conjunction with the 2025 Cascale Annual Meeting.

Cascale also extends its heartfelt thanks to Sean Cady, vice president, global sustainability, responsibility, trade and government affairs at VF Corporation, whose dedicated service on the Cascale Board concludes this September 2025. Sean’s steadfast leadership has laid a strong foundation for the organization’s continued progress. The Board is grateful for his many contributions and looks forward to building on the momentum he helped create.

For more information about Cascale’s governance and to view the current Board of Directors, please visit our governance webpage.

ABOUT CASCALE

Cascale is the global nonprofit alliance empowering collaboration to drive equitable and restorative business practices in the consumer goods industry. Formerly known as the Sustainable Apparel Coalition, Cascale owns and develops the Higg Index, which is exclusively available on Worldly, the most comprehensive sustainability data and insights platform. Cascale unites over 300 retailers, brands, manufacturers, governments, academics, and NGO/nonprofit affiliates around the globe through one singular vision: To catalyze impact at scale and give back more than we take to the planet and its people.

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Saint-Gobain North America announced today that CisLee Trost, Project Engineer for CertainTeed and a graduate of Saint-Gobain’s Essentials of Manufacturing engineering manufacturing training program, has been named the overall winner in the Next-Generation Leader category at the Manufacturing Leadership Council’s 2025 Manufacturing Leadership Awards.

In her two years with Saint-Gobain North America, CisLee has helped to lead a multi-million dollar project, focused on implementing a significant waste recycling process at CertainTeed’s Commercial Building Envelope plant in Little Rock, Arkansas. Now a full-time Reliability Engineer at the facility following the conculsion of her Essentials of Manufacturing rotation, CisLee has been recognized as a Next-Generation Leader for her effective management skills and her leadership style based on trust, empowerment, and collaboration.

The Manufacturing Leadership Council is the digital transformation division of the National Association of Manufacturers, the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Established in 2005, the Manufacturing Leadership Awards recognizes operational and leadership excellence and the companies and leaders that are shaping the future of global manufacturing.

“Congratulations to CisLee on her recognition as a Next-Generation Leader by the National Association of Manufacturers’ Manufacturing Leadership Awards”, said Mark Rayfield, CEO of Saint-Gobain North America. “We are extremely proud to see the emergence of young leaders in manufacturing who will carry our company and industry forward and truly embrace our mission of Making the World A Better Home”.

In addition to CisLee’s win, Saint-Gobain’s Circular Economy Solutions strategic business venture and CertainTeed’s innovative modular building solution ONE PRECISION ASSEMBLIES® were also recognized as finalists at the Manufacturing Leadership Awards in the categories of Sustainability/Circularity and Business Model Transformation respectively.

This recognition is the latest Saint-Gobain North America has received in recent months for its commitment to the development of a dynamic workplace.

• In May, Saint-Gobain North America was honored with a Silver Stevie® Award for Large Manufacturing Company of the year in the 2025 American Business Awards®. The award in celebrated Saint-Gobain’s circularity initiatives, rapid growth in North America, and commitment to building the future of the manufacturing industry.
• Also in May, Saint-Gobain received a 2025 Better Practice Award from the U.S. Department of Energy for its Energy Management System Implementation Program.
• In January, Saint-Gobain announced that it had received a strong 90 out of 100 score in the Human Rights Campaign’s Foundation’s 2024-2025 Corporate Equality Index for its commitment to workforce protections and non-discrimination policies, inclusive benefits, and long-running Live Open Employee Resource Group;
• Earlier in January, Saint-Gobain was one of only 17 companies worldwide to be recognized as a global Top Employer by the Top Employer Institute, a honor it has received for the tenth consecutive year.

With over 160 manufacturing locations in the United States and Canada, every current and future member of the company’s team plays a vital role in achieving its sustainability goals. A current list of job openings at all Saint-Gobain locations can be found on the company’s career website.

About Saint-Gobain

Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The Group, celebrating its 360th anniversary in 2025, remains more committed than ever to its purpose “MAKING THE WORLD A BETTER HOME”.

€46.6 billion in sales in 2024
161,000 employees, locations in 80 countries
Committed to achieving Carbon Neutrality by 2050

For more information about Saint-Gobain, visit www.saint-gobain.com and follow us on Twitter @saintgobain

Media Contacts
Peter Clark
(+1) 603 513 8513

UPDATE: July 7, 2025

Flooding continues to affect communities in Central Texas, with Kerr County among the hardest hit. We’re staying closely connected with federal, state and local public safety teams and emergency management agencies in the region to ensure our support meets the region’s needs.

Community Support Update

T-Mobile teams are on the ground in Kerrville helping communities stay connected. We are currently offering free Wi-Fi, device charging and charging supplies, while supplies last. All community members are welcome to stop by any time. Wi-Fi and device charging will be available 24 hours a day but may change:

• T-Mobile Store – Junction Hwy & E Sunset Dr. Address: 1304 Junction Hwy, Ste 1100, Kerrville, TX 78028

And tomorrow, July 8, we’ll have a second location with Wi-Fi and charging from 9 am to 5 pm CT, along with charging supplies while they last:

• City West Church. Address: 3139 Junction Hwy, Ingram, TX 78025

Network Update

Our Emergency Management team deployed a SatCOLT (Satellite Cell on Light Truck) at the Unified Command Center in Kerrville to boost coverage inside the building and in the surrounding area. We also staged additional SatCOLTs nearby to respond to emerging needs.

We’ve also deployed a search and rescue drone to help first responders and to further assess damage giving a better view of remote or inaccessible areas.

Yesterday, we enabled T-Satellite with Starlink for T-Mobile customers to use text-to-911 and basic text messaging. T-Satellite also broadcasts wireless emergency alerts to compatible devices in the area.

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July 5, 2025

As catastrophic flash flooding strikes Central Texas, our hearts are with everyone affected — especially the residents of Kerr County, where the devastation has been most severe.  

T-Mobile CEO Mike Sievert shared an update about our community support and network status earlier today:  

My heart is with everyone in Texas as this terrible flooding impacts so many.

@TMobile’s network is holding strong. We’re providing supplemental coverage to support first responders, have community support vehicles ready to help as soon as it’s safe, and we’re in touch with Show more

Community Support on the Ground 

Our Community Support team is enroute to Kerrville with trucks and trailers to provide free Wi-Fi, charging and supplies at the reunification center. They’re expected to arrive this evening — we’ll share location details as soon as they’re confirmed. 

Coordinating with Emergency Agencies 

T-Mobile is coordinating with state and local agencies and is working closely with the Texas Division of Emergency Management (TDEM) to help ensure critical connectivity and resources are available where needed most. 

We stand with our customers, communities and public safety partners as response and recovery efforts continue. Please visit T-Mobile Emergency Response and follow the T-Mobile Newsroom on X and Instagram for the latest updates. 

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Originally published on PSEG NewsRoom

NEWARK, N.J., July 8, 2025 /3BL/ – Public Service Electric and Gas Company (PSE&G) has announced the New Jersey Board of Public Utilities (BPU) approved PSE&G’s proposal to provide all residential customers with a temporary credit that will offer relief on their summer electric bills. The credit will combat the significant electric supply price increase that is the result of PJM’s capacity price auction. PSE&G’s relief measures, inclusive of a Summer Moratorium – an expansion of the Winter Termination Program and waiving reconnection fees – are part of PSE&G’s proactive Summer Relief Initiative designed to protect residential customers from higher costs this summer.

While addressing the immediate energy supply price concerns of our customers, PSE&G is also advocating for long-term solutions to address the power supply-demand imbalance with needed new energy generation.

For the months of July and August 2025, PSE&G will apply a credit of $30, including taxes, to each residential electric customer’s monthly bill. During this summer deferral period, PSE&G will continue to pay the electricity suppliers the full cost of the generation in the new electric supply rate. To recover the cost of the electricity provided and payments made to electric suppliers, PSE&G will collect from each residential electric customer’s monthly bill $10 for the months of September 2025 through February 2026.  As previously announced, PSE&G has decided to forego recovery of any carrying costs (i.e., interest) for the credit to customers.

As part of the agreement, the BPU also approved PSE&G’s proactive proposal to waive all residential reconnection fees during the period from July 1, through September 30, 2025.

The Summer Moratorium, an expansion of the Winter Termination Program, begins July 1, 2025, providing utility shut-off protection to qualified individuals and will continue through the summer months until September 30, 2025.

“While there is broad recognition that utilities are not the cause of these price increases, PSE&G is pleased to work with Governor Murphy, the legislature and the BPU to develop measures to blunt the immediate impact of higher costs” said Kim Hanemann, president and COO, PSE&G. “As we deliver immediate support for customers, it is also time to turn our collective attention to delivering long-term solutions to address the power generation supply imbalance in the state. Our state needs a strategic, thoughtful integrated system plan to meet future demands. We remain committed to collaborating with policymakers on long-term solutions.”

PSE&G is proud of its track record of high customer satisfaction while maintaining customer affordability and award-winning reliable service. PSE&G combined electric and gas bills are nearly equivalent to their 2008 levels when adjusted for inflation.

Long-term Solutions Needed

In addition to immediate customer support, the focus must be on long-term solutions for the state’s power generation supply imbalance.

For several years, PSE&G has been warning about the supply and demand imbalance in the region. It is important to address the need to generate our own energy in-state with a goal to ultimately bring down energy costs for residents and businesses.

We remain committed to working with policymakers regarding long-term solutions to these significant rate increases, including advancing policies that encourage the development of new power generation in New Jersey.

Understanding the Impact of Summer Heat on Bills

The amount of electricity needed to cool your house to 75 degrees when it’s 90 degrees outside is 125% higher than when it’s 85 degrees outside. Increased electric usage in summer months often coincides with high heat, frequently leading to increased electric usage as customers run their air conditioners more often.

Regardless of electric rates, customers can take steps now to understand and manage their energy usage. Customers can find valuable energy efficiency information at pseg.com/energyefficiency and bizsave.pseg.com.

PSE&G Customer Assistance

PSE&G works directly with its customers, and with nonprofits and community organizations who work with utility customers, to inform them about energy assistance options.

PSE&G provides information regarding affordability options that customers may qualify for based on certain criteria like income eligibility (i.e., the Low Income Home Energy Assistance Program [LIHEAP], or SHARES for customers who may be experiencing a temporary financial crisis).

There are also additional bill payment tools to help customers manage costs, including PSE&G’s Equal Payment Plan and Deferred Payment Arrangements. PSE&G’s Equal Payment Plan estimates annual energy costs, and divides bills into 12 equal monthly payments, which allows customers to levelize their monthly spend expectations. Deferred Payment Arrangements allow customers to pay a portion of past-due balances over an agreed-upon period.

Customers can find valuable energy assistance information at pseg.com/saveenergy.

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PSE&G
Public Service Electric & Gas Co. is New Jersey’s oldest and largest gas and electric delivery public utility, as well as one of the nation’s largest utilities. PSE&G has won the ReliabilityOne® Award for superior electric system reliability in the Mid-Atlantic region for 23 consecutive years. For the third consecutive year, PSE&G is the recipient of the ENERGY STAR Partner of the Year award in the Energy Efficiency Program Delivery category. In addition, in 2024 J.D. Power named PSE&G number one in customer satisfaction with residential electric service and gas service in the east among large utilities. PSE&G is a subsidiary of Public Service Enterprise Group Inc., (PSEG) (NYSE:PEG), a predominantly regulated infrastructure company focused on a clean energy future and has been named to the Dow Jones Sustainability Index for North America for 17 consecutive years (www.pseg.com).

Forward-Looking Statements
This release includes forward-looking statements, including but not limited to statements regarding anticipated or expected energy savings, cost saving and greenhouse gas emissions avoidance. There can be no assurance that such energy and costs savings and greenhouse gas emissions avoidance will be realized in the amounts described and / or in the timeframes anticipated. Such statements are based on management’s beliefs as well as assumptions made by and information currently available to management but are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Factors that may cause actual results to differ include, without limitation: the ability to implement our energy efficiency business strategy, and customer adoption of our energy efficiency offerings. All forward-looking statements made in this release are qualified by these cautionary statements and readers are cautioned not to place undue reliance on these forward-looking statements The forward-looking statements contained in this Report are intended to qualify for the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

CONTACT:

Media Relations: 973-430-PSEG (7734)
dl-ent-pseg.communications@pseg.com

PNC has long been an engaged and responsible company rooted in the belief that meaningful relationships are built and strengthened through honest and transparent dialogue and action. Our guiding principle across all our businesses is to do right by our customers, employees, shareholders and the communities we serve.

In service of this commitment to our stakeholders, this past year we once again conducted extensive analysis of our corporate responsibility priorities, which provided valuable insight into how we can more positively impact our business operations, society and the environment. Additionally, we engaged with approximately 75 percent of our top 100 active shareholders, discussing topics like financial and operational performance, and corporate responsibility matters in the interest of further refining our approach. We appreciate open dialogue and engagement with all our stakeholders. We believe it’s good business and it makes us not just a better bank, but a better neighbor.

In the following pages we will share our progress over this past year and our strategies for the opportunities that lie ahead. In 2024, we mobilized $6.11 billion in environmental financing, cumulatively bringing us very close to achieving our $30 billion environmental finance pledge, which we expect will be satisfied on schedule in 2025. And to enhance our ability to support our clients’ evolving financing needs, we launched the PNC Climate Solutions Partner program. This skill-building initiative educates PNC employees on our Climate Action Strategy and enables front-line employees to better support our customers as they develop and work through their own unique climate goals and plans. 

We embrace our role in providing access to capital and enhancing financial mobility throughout our footprint communities. In 2024, we deployed $28.5 billion of the $88 billion committed through our four-year Community Benefits Plan, bringing our total since 2022 to $85.5 billion.* We are excited about the opportunity to continue this approach for the balance of 2025 to help meet community needs and boost economic empowerment. 

We continue to meet our customers where they are, deploying our mobile branches on more than 3,100 visits, traveling over 89,000 miles in 2024 and serving more than 22,000 individuals. Our community relationships are vital to these efforts, as we coordinated with more than 170 community organizations this past year to schedule deployments. 

Central to our efforts to bolster our communities is our signature philanthropic focus, PNC Grow Up Great® , which celebrated 20 years in 2024. This $500 million early childhood education initiative helps prepare children from birth to age five for success in school and life. Since the program’s inception in 2004, PNC Grow Up Great has provided $270 million in grants to organizations championing high-quality early childhood education, and our employees have volunteered more than 1.2 million hours in support. We’re proud of the longevity of this work and the impact it’s had on the more than 10 million children we’ve reached to date through grants and educational programs. 

We serve a diverse group of individuals, families and businesses across the country. To do so effectively, and win in the marketplace, we must recruit and retain talented employees with the relevant experiences, skills and perspectives to best support them. This is a business imperative, and we work every day to foster an accessible and inclusive workplace where all employees — and customers — can feel welcomed, valued and respected. To support this imperative, consistent with applicable laws, we do not discriminate against any employee, potential or current client, supplier, or any other stakeholder based on race; color; ethnicity; religion or religious views; national origin; gender; sexual orientation; gender identity; military status; disability; marital or familial status; political opinions, speech or affiliation; or age.

Our employees drive PNC’s success, and we’re committed to employee development and well-being. One way we demonstrate that commitment is through our partnership with Guild, which began in 2022. Guild’s partnership with PNC offers our employees the opportunity to earn tuition-free associate and bachelor’s degrees, along with professional certificates and college prep courses. More than 9,500 employees have enrolled in programs through Guild over the last two years. We are pleased to support the continued professional development of our employees, which we believe will ultimately enhance the strength of our company. 

In fact, none of our achievements would be possible without the talents and commitments of my 55,000-plus colleagues who are focused on delivering for our stakeholders every day. I want to thank them for all their contributions that make PNC a dependable neighbor, company and employer. I know that collectively we’ll continue to focus on running our business reliably, with integrity, and in service of all our stakeholders.

RICHARD K. BYNUM
Chief Corporate Responsibility Officer

View the full 2024 Corporate Responsibility Report. 

As previously seen on the CSRHub blog.

CSRHub is excited to announce a new partnership with CSR Talent Group, a trusted network of experienced ESG and sustainability professionals who provide on-demand support to purpose-driven organizations.

Through this collaboration, CSR Talent Group consultants now have access to CSRHub’s comprehensive ESG data platform—covering over 58,000 companies and fueled by more than 1,000 data sources. These tools support critical work in benchmarking sustainability performance, preparing for regulations like the CSRD, and evaluating supply chain risk.

Together, we aim to empower organizations with the transparent, actionable data they need to improve ESG outcomes and drive long-term impact.

We’re looking forward to building on this partnership with shared resources, use case applications, and more in the months ahead.

About CSRHub

CSRHub offers the most comprehensive global set of expert consensus sustainability ratings, information, and tools. Clients use CSRHub’s decisive data platform for global benchmarking, supply and value chain risk assessment and compliance readiness solutions. Founded in 2007, CSRHub covers nearly 60,000 public and private companies, and provides ESG performance scores on 42,000 companies from 134 industries in 158 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 1,000 sources to produce a strong consensus signal on corporate sustainability performance.

Interested in learning more about CSRHub?