Tag: 3BL

Originally published in FedEx’s 2024 Global Economic Impact Report

Delivering a more sustainable future

FedEx works hard every day to make global supply chains smarter for everyone by leveraging advanced technologies to help optimize logistics. These efforts have a natural alignment with the company’s longstanding work to improve the efficiency and sustainability of its operations. 

Between FY 2009 and FY 2023, FedEx reduced its carbon dioxide equivalent emissions intensity on a revenue basis by 48%, even as volume grew by 121%. Further, the company continues to address the challenges presented by climate change as it works toward a goal of carbon neutral global operations by 2040, guided by our strategy: decarbonize what’s possible, co-create with purpose, and neutralize what’s left. 

FedEx is determined to continue making progress on its operational goals while also providing direct investments and advocacy to promote sustainable technologies and practices that will help transform the transportation and logistics sector.37

Transportation fleets and fuels 
Electrification offers a significant opportunity to reduce the environmental impact of the FedEx global fleet, which includes more than 200,000 motorized vehicles across several vehicle classes. FedEx has set a goal of transitioning its entire parcel pickup and delivery (PUD) fleet to zero-tailpipe emission vehicles by 2040. In addition to these fleet electrification efforts, FedEx is working to reduce emissions from road and air transport by incorporating cost-effective alternative fuels and modernizing its fleet.

In FY 2024, FedEx added EVs in several markets, including EVs and zero-tailpipe emission motorcycles in Brazil, and dozens of EVs across markets like Canada, Chile, Spain, the UK, the Netherlands, the UAE, and U.S. Since first deploying EVs in Mainland China in 2018, FedEx has electrified 20% of its PUD fleet in the country. In February 2024, FedEx made history by completing the first delivery of a cross-border package via an EV from Malaysia to Singapore. The historic journey was 252 miles and avoided approximately 220 pounds of tailpipe CO2 emissions when compared to making the same journey with a diesel-powered van. The attempt was recognized by the Malaysian Book of Records for “First Malaysian Zero Emission Cross-Border Delivery.” FedEx continued to build out charging stations at its facilities worldwide in FY 2024 — including the U.S., Spain, Canada, the UK, and the UAE — to support the ongoing electrification of its parcel PUD fleet and to enable greater EV adoption by the company’s independent service providers. FedEx expanded its fleet of e-cargo bikes in FY 2024, adding eight four-wheeled e-cargo bikes in the UK to replace six conventional diesel vans, introducing five commercial electric tricycles to its PUD fleet in Taiwan, and a new e-cargo bike model in Canada.In 2023 and early 2024, FedEx Freight in the U.S. took delivery of 36 Class 7 and 8 heavy-duty EV trucks. To expand its use of low-carbon fuels, FedEx launched a trial for long-haul vehicles running on hydrotreated vegetable oil, a renewable diesel, in the UK. FedEx continues to pursue its ongoing air fleet modernization strategy, which replaces older aircraft with more fuel-efficient models to reduce GHG emissions, air pollution, and local noise pollution. In FY 2024, FedEx permanently retired 31 jet aircraft from the company’s fleet. The company also added 10 new 767s and four new 777s, which are more fuel efficient than the aircraft they replaced. Since 2005, these fleet modernization efforts have helped reduce the overall emissions intensity of the FedEx air fleet by 29%, as of FY 2023. 

Sustainable facilities 
When building or expanding facilities, FedEx includes programs and technology to manage waste, conserve water, and reduce the carbon footprint of its operations.

In addition to the facilities and projects highlighted in the regional spotlight sections of this report, other notable projects from FY 2024 include:

FedEx opened its refurbished gateway at the Adolfo SuárezMadrid Barajas Airport, which includes a 156-panel solar array that is estimated to produce approximately 95 megawatt hours of electricity annually. The panels will produce about 17% of the facility’s energy needs. Other sustainable features include LED lighting and a smart water management system to reduce water use.FedEx in Mainland China launched a “GoGreen” contest —  in which more than 11,000 FedEx team members participated — to save water, electricity, fuel, and paper in day-to-day operations.FedEx opened its Asia Pacific headquarters in Singapore, using green-certified renovation products. About 80% of the new materials meet local certification standards. Additionally, the building features energy-efficient electrical fixtures and automatic lighting controls to reduce energy consumption.FedEx China’s new headquarters in Shanghai, which opened in January 2024, utilizes a variety of leading energy-saving technologies and facilities, notably LED sensor lights in work areas that automatically adjust lighting levels based on employee density and needs. The facility is LEED (Leadership in Energy and Environmental Design) Gold certified.In Thailand, FedEx collaborated with N15 Technology to turn more than 120 kilograms of waste — such as plastic wrap, label stickers, and paper cores — into refuse-derived fuel. In Morwell, Australia, FedEx opened a new shipping station equipped with sustainable building features to reduce impact on the environment, including energy-saving LED lighting and a system to collect and reuse rainwater on site.

Empowering customers and communities 
Along with efforts to reduce the environmental impact of its business operations, FedEx also provides tools to empower customers that are working toward their own sustainability goals and deploys resources to support emerging climate technology solutions and more sustainable communities. 

First launched in the U.S. in May 2023, FedEx® Sustainability Insights is now available in 34 languages and in more than 100 markets around the world. The tool allows customers to estimate the carbon footprint of their eligible shipments within the FedEx network, supporting their own emissions reporting. FedEx and the World Resources Institute have been teaming up since 2010 to create what is now the Mobility and Accessibility Program (MAP). MAP is helping cities around the world transform their public transportation systems, making them safer, more efficient, and more sustainable. Now in its 15th year, MAP has impacted more than 23 million people while avoiding over 1 million MT CO2e. Key programs include the expansion of Mobility-as-aService into Shanghai, supporting India’s pledge of 50,000 electric buses by 2027, and significantly improving accessibility and safety with 2,000 new bus shelters in two Brazilian cities. For the second year in a row, FedEx funded EIT Climate-KIC’s Sustainable Cities Mobility Challenge in Europe. In FY 2024, five cities across Spain, Portugal, the Netherlands, and the UK were selected to receive funding for projects that support the transition toward cleaner, greener, and more people-friendly transport.  

For more information on FedEx sustainability efforts worldwide, see the 2024 ESG Report.

37 This section includes a preview of FedEx sustainability achievements and advancements from FY 2024. A comprehensive summary of enterprise-wide sustainability data for FY 2024 will become available in the next iteration of the FedEx ESG Report, set to be published in CY 2025.

Read more

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

With the generosity of customers and team members, Albertsons Companies’ Shaw’s and Star Market division raised $40,000 to help the Boys and Girls Clubs of Boston address food insecurity in this year’s Sacking Hunger donation program. In addition to the donations made, PepsiCo and the Shaw’s & Star Market Foundation’s Nourishing Neighbors initiative donated $1,000 for every New England sack this football season. Recently, we were joined by 98.5 The Sports Hub play-by-play broadcaster, Bob Socci, as we presented our friends at the Boys & Girls Club with a donation check for $40,000.

See original post on LinkedIn and read more about Albertsons Companies and our Recipe for Change on our website.

RESTON, Va., February 18, 2025 /3BL/ – Leidos (NYSE:LDOS) announced that its wholly owned subsidiary, QTC Medical Services, operating under the brand name Leidos QTC Health Services, has been awarded a contract by the Veterans Benefits Administration (VBA) for performing medical disability examination services in regions 1-4.

“With more than 1 million examination cases delivered in 2024, Leidos QTC Health Services continues to drive innovation and increase program efficiency for the VBA,” said Liz Porter, Leidos Health & Civil Sector president. “These veteran disability compensation and pension exams provide a vital service to those who have sacrificed so much for our nation.”

Leidos QTC Health Services has supported the VBA continually since 1998, expanding services to an average of 63,000 veterans per month. Continuous innovations have generated far greater program efficiency, including infusing artificial intelligence and machine learning to augment processing.

Leidos QTC Health Services also expanded its fleet of mobile health clinics to provide better access to services for veterans in rural locations and for those who are homebound. These and other program improvements are allowing the VBA to provide smarter, more effective exam services for veterans.

Under the new short-term indefinite delivery/indefinite quantity, or IDIQ, contract, Leidos will provide the exams and associated case administration services nationwide, including claimant communication, appointment scheduling, provider training, system interfaces with VBA IT systems, and medical records management. With a period of performance of one year and one optional year, the contract includes performance-based measures of exam production, average days to complete, average days pending, quality of service, and customer satisfaction evaluations.

About Leidos

Leidos is an industry and technology leader serving government and commercial customers with smarter, more efficient digital and mission innovations. Headquartered in Reston, Virginia, with 48,000 global employees, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.

Media Relations

Brandon Ver Velde
Senior Media Relations Manager
(571) 526-6257 | brandon.p.vervelde@leidos.com

The report identifies the key global players in environmental & sustainability (E&S) consulting by E&S consulting revenue for FY 2023. 

ST. PAUL, Minn., February 18, 2025 /3BL/ – Antea Group USA is honored to announce we are ranked #19 in Environment Analyst’s latest Global Environmental & Sustainability Consulting Market Assessment.

The report researched and curated by Environment Analyst, a leading membership community and provider of business intelligence to the global environmental services sector, identifies the leading global consultancies in environmental and sustainability (E&S) consulting sector based on their E&S consulting revenue from financial year 2023. The state-of-the-industry study provides a window into market dynamics, competitor rankings, revenue breakdowns, M&A insights and growth opportunities.

“To continue earning our place on this list year after year – despite the challenging and uncertain market – is testament to the value, expertise, and dedication that our team brings to our clients,” shared Raimond Baumans, Chief Marketing Officer at Antea Group USA. “We remain dedicated to our journey to creating a cleaner, safer, more sustainable world and it’s an honor to earn achievements and recognition along the way.”

Also included in the list is Inogen Alliance with a ranking of #32. Inogen Alliance, co-founded by Antea Group in 2001 to better serve global clients, is a global network of partnering consultancies that provide multinational organizations with consistent, high-quality, and cost-effective environmental, health, safety and sustainability solutions. Our collective ranking when combined with Inogen Alliance would put us together at #14 globally.

The report is based on data compiled for 35 of the leading international E&S consulting firms, who totalled a combined revenue of $35.3bn in 2023, and together account for 65% of the global E&S consulting market.

The latest data from the Global 35, or ‘G35’, leading companies featured in the report is based on their figures for the latest fiscal year end, submitted via our annual survey and verification process (and/or estimated based on publicly available annual reports and public information sources where there are data gaps). For all the G35 firms analysed, the data is based on their financial year ending in 2023 (2024 for the companies with FY ending in March).

Environment Analyst’s definition of environmental sustainability consulting (E&S) is: “The provision of specialist technical, management, risk, analytics and strategic advisory services to help organizations understand, manage, and minimize their impacts to protect and enhance the environment and communities, and proactively respond to climate change, the nature crisis and associated impacts”.

Download the Report

About Antea Group USA 

Antea®Group USA is an environment, health, safety, and sustainability consulting firm. By combining strategic thinking and multidisciplinary perspectives with technical expertise and pragmatic action, we do more than effectively solve client challenges; we deliver sustainable results for a better future. We work in partnership with and advise many of the world’s most sustainable companies to address ESG-business challenges in a way that fits their pace and unique objectives. Our consultants equip organizations to better understand threats, capture opportunities and find their position of strength. Lastly, we maintain a global perspective on ESG issues through our work with multinational clients, our sister organizations in Europe, Asia, and Latin America and as a founding member of the Inogen Alliance. Learn more at us.anteagroup.com.

About Environment Analyst 

Environment Analyst is a leading membership community and provider of business intelligence to the global environmental services sector. Environment Analyst has a global membership community of over 22,000 sustainability professionals. Membership includes access to their entire market intelligence library, which features bespoke market intelligence reports, data-sets, interactive dashboards and competitor analysis profiles, plus business news and insights.

Environment Analyst also hosts networking opportunities for sustainability business leaders to come together in closed-group forums, and larger-scale in-person Sustainability Summits.

For more information about the report please contact Research & Data Manager Indrė Jakaitytė at indre.jakaityte@environment-analyst.com.

For more information about Environment Analyst and their membership services contact Membership Development Manager Lisa Turner at lisa.turner@environment-analyst.com or call (0) 1743 818 008.

In our latest Sustainability Report, we share details about our benefits program, which is designed to attract, recognize and encourage quality performance and meaningful contributions from our employees.

Key Benefits

Health Benefits – Medical, dental and vision plans with covered annual preventive examsHealth Savings Account (HSA) – Tax-advantaged savings with a company contributionBasic Life and Accident Insurances, Short-Term and Long-Term Disability – Provided at no cost to all employees beginning on their first dayEmployee Assistance Program – Free counseling, identity protection and moreRetirement Benefits – Company-funded pension and 401(k) savings plan with 7% employer matchPaid Sick Leave – Seven days of paid time off each calendar yearVacation – Three to six weeks paid time off each calendar yearPaid Parental Leave – 10 to 12 weeks for birthing parent, four weeks for nonbirthing parentAdoption Assistance – Helping pay for adoptionFamily Leave – Unpaid time off for certain family, personal and medical reasonsEducation Reimbursement – Financial assistance for approved degree programs, certifications and licensingScholars Program – Competitive college scholarships for children of employees and retireesRelocation – Relocation assistance to help make the transition as easy as possibleGiving and Volunteerism – Company match for qualified giving and volunteer incentive program

Benefit Enhancements 

We recently enhanced our benefit programs in many ways to support all employees across different phases of life.

Focus on Families 

Expanded our existing coverage for fertility treatmentsIncreased adoption assistance to $10,000 per adoptionIntroduced a new surrogacy assistance benefit that reimburses up to $20,000 for qualifying surrogacy expensesExtended paid physical recovery time for birth mothers, while continuing to provide four paid weeks of bonding time for all new parents

Mental and Emotional Well-Being 

Increased to 10 free counseling sessions per issue through our Employee Assistance Program, a benefit that extends to each household memberExpanded our clinical and emotional support programs beyond expectant parents to include family building (fertility, adoption and surrogacy), post-delivery maternity care, parenting support and menopause support

Financial Well-Being 

Expanded options for earning our 7% Thrift 401(k) Plan match to include qualified student loan payments, allowing employees to save for retirement by paying down student debtAdded a Dependent Care Flexible Spending Account to increase tax savings opportunities for employees with eligible childcare and/or elder care needs

For more information on employee benefits, visit MyMPCBenefits.com.

We’re taking time to look back at the many ways Owens Corning has given back in 2024. From our Roof Deployment Project, to our work with the Gary Sinise Foundation, to the many contributions we have made to charitable organizations, we’re highlighting the many ways we work to support our communities. Here’s to shaping a better future, together.

 

February 18, 2025 /3BL/ – National Grid and the National Grid Foundation today announced a joint $1.4 million contribution to support the company’s low-income and emergency heating programs, the Care & Share Energy Fund and the Neighborhood Heating Fund, which opened today.

The announcement follows the recent interruption of regular Home Energy Assistance Program, or Regular HEAP, availability in New York State. Regular HEAP funds were exhausted on Jan. 21 due to higher-than-normal enrollment in the federally funded program, which provides grants to low-income customers to help them afford their energy usage. On Jan 25, Gov. Kathy Hochul reallocated unused state funds to extend the program through the spring.

It also comes during an Upstate New York winter that is tracking colder than previous years. According to the National Weather Service, December 2024 was 24% colder than December 2023, and January 2025 was 15% colder than the previous year. Some Upstate regions have experienced more than 75 days at or below the freezing temperature mark this winter. New York City and on Long Island customers experienced similar temperatures — January 2025 was 20% colder than January 2024 and December 2024 was 32% colder than the previous year. When outdoor temperatures drop, heating systems work harder to maintain a steady indoor temperature. The result is customers using more energy to heat their homes and businesses, leading to higher bills.

National Grid’s investments in additional funds and enhanced grants were lauded by the Public Utility Law Project, a consumer advocacy group. “PULP commends National Grid for raising awareness about its Care & Share Energy Fund and Neighborhood Heating Fund – important programs that provide financial assistance to low-income households struggling to afford their winter heating bills,” said Laurie Wheelock, PULP’s executive director and counsel. “With the Home Energy Assistance Program temporarily closing and reopening in January, protective measures like these are essential to ensuring New York’s most vulnerable households can stay safe and warm. We also appreciate National Grid’s commitment to supporting the low-income community by increasing the award amount from $200 to $500 during these cold and uncertain times.”

“Affordability is front-of-mind for all of us, and these programs directly assist customers in managing costs,” said Sally Librera, National Grid’s New York President. “We are committed to helping our customers stay warm and safe this winter.”

The contribution is comprised of National Grid shareholder funds and an award from the National Grid Foundation, a registered 501(c)3 organization founded in 2000 to bring change that inspires people and transforms communities.

“Core to the foundation’s purpose is enhancing the quality of life of those in the communities we serve,” said Robert Simmons, National Grid Foundation Executive Director. “Helping National Grid’s most vulnerable customers this winter is emblematic of our promise to the community.”

Funding will allow the company’s two emergency heating funds to provide enhanced grants of $500, up from $200, to active National Grid customers in Upstate New York and New York City that have exhausted their HEAP allocations for the year.

The Care & Share Energy Fund provides emergency financial assistance to income-eligible individuals and families who are having difficulty paying their heat-related energy bills in National Grid’s upstate New York service area. National Grid customers in Brooklyn, Queens, and Staten Island who live in a one- or two-family house or pay for heat in their apartment can qualify for the Neighborhood Heating Fund.

Both programs, administered by HeartShare Human Services, opened today and will close when the funds are exhausted. Eligible customers will receive one $500 grant per season. To qualify, applicants must:

Have an active National Grid account in their name.Have a household income that meets Home Energy Assistance Program guidelines.Have exhausted all available HEAP assistance at the time of application. 

Affordability Solutions

National Grid has been promoting bill management programs and solutions since October 2024 to ensure customers are aware of available services and tools that can help them save money during the cold weather. Using less and saving more while staying warm is the underlying message of the company’s Here For You affordability campaign. The company’s dedicated website highlights bill management programs, energy efficiency solutions and more.

Customers receiving Regular HEAP are automatically enrolled in National Grid’s Energy Affordability Program, or EAP. The program provides monthly bill credits above and beyond what the customer receives from HEAP. Customers may also be eligible for the EAP if they participate in qualifying programs such as the Supplemental Nutrition Assistance Program, Supplemental Security Income, Medicaid, Federal Public Housing Assistance, qualifying veterans’ pensions, or Native American benefit programs administered by federal or tribal governments. To learn more about the program and eligibility, or to apply, call 1-866-305-1915 or email affordability@nationalgrid.com.

Emergency HEAP is available through the spring or until funds are exhausted. Qualification is based on household size, income, and a valid or current utility disconnection notice. Customers must apply by telephone or in person through their HEAP Local District Contact. These funds are limited and available on a first come, first served basis.

Eligible customers may also qualify for HEAP’s Heating Equipment Repair and Replacement and Clean and Tune Benefits. More information about those programs is available from the NYS Office of Temporary and Disability Assistance, which administers the programs.

Bill Payment Programs for All Customers

All residential customers, regardless of income, qualify for programs to manage energy costs.

The Budget Billing Plan spreads payments out more evenly across the year to help better manage energy costs. Budget billing smooths out peaks and valleys in customer bills, by using account history to make bills more predictable. Accounts are reviewed periodically to make minor adjustments and the company reconciles the account with customers annually.

Deferred Payment Agreements aid customers who have fallen behind in their payments. Customers with past-due accounts can arrange to have their balance spread over multiple months to create manageable payments and avoid disconnections.

Residential customers receiving Supplement Security Income, Social Security Disability Insurance or a retirement pension, and enrolled in an active payment agreement, may qualify for a 10-day extension on their billing due date through the company’s Bill Extender Program.

Customers can learn about these programs by working with a National Grid Consumer Advocate. Consumer Advocates work one-on-one with customers to meet their home energy needs and can be reached by calling 800-642-4272 or emailing ConsumerAdvocatesUNY@nationalgrid.com.

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About National Grid

National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a smarter, stronger, cleaner energy future — transforming our networks with more reliable and resilient energy solutions to meet state climate goals and reduce greenhouse gas emissions. For more information, please visit our website, follow us on X, watch us on YouTube, like us on Facebook, and find our photos on Instagram.

About National Grid Foundation

National Grid Foundation was created to enhance the quality of life across its grant making territory. The Foundation’s ongoing challenge is to create opportunities for solutions to educational and environmental issues. Its objective is based on the principle that giving people the tools to build hope is an essential ingredient in the development of individuals, families and communities. Since its inception in December of 1998, the Foundation now in its 25th year has granted more than $38 million to local community organizations.

Contact: Jared Paventi | 315.427.1092 | jared.paventi@nationalgrid.com

Long-term commitment to acquire renewable energy credits from a new solar projectMatches 100% of Keysight’s electricity consumption in the United States 

SANTA ROSA, Calif., February 18, 2025 /3BL/ – Keysight Technologies, Inc. (NYSE: KEYS), signed a virtual power purchase agreement (VPPA) with Southern Power, a leading U.S. wholesale energy provider and subsidiary of Southern Company, to acquire renewable energy credits produced by a 39 megawatt (MW) portion of the Phase III expansion at the Millers Branch Solar Facility.

The VPPA allows Keysight to support renewable energy development, demonstrating Keysight’s commitment to mitigate the worst impacts of climate change. Phase III of the project located in Haskell County, Texas, is expected to achieve commercial operation in the first quarter of Keysight’s fiscal year 2027.

Keysight’s portion of the project is estimated to generate renewable electricity equivalent to 100% of the company’s electricity consumption in the United States and Canada. This commitment will result in significant progress towards Keysight’s renewable electricity initiatives, near-term science-based targets, and goal to achieve net zero greenhouse gas emissions in company operations by the end of fiscal year 2040.

Ingrid Estrada, Chief People and Administrative Officer at Keysight, said: “We are proud to support the development of new renewable electricity and reduce global greenhouse gas emissions. By signing our first VPPA, Keysight is taking a huge step in our sustainability journey, and we look forward to making continued progress in this space.”

Resources:

Corporate Social Responsibility webpage: Keysight CSR Report: Keysight’s 2023 CSR Report

About Keysight Technologies 

At Keysight (NYSE: KEYS), we inspire and empower innovators to bring world-changing technologies to life. As an S&P 500 company, we’re delivering market-leading design, emulation, and test solutions to help engineers develop and deploy faster, with less risk, throughout the entire product life cycle. We’re a global innovation partner enabling customers in communications, industrial automation, aerospace and defense, automotive, semiconductor, and general electronics markets to accelerate innovation to connect and secure the world. Learn more at Keysight Newsroom and www.keysight.com.

Contacts 

North America PR Team
pdl-americas-keysight@keysight.com

Fusako Dohi, Asia
+81 42 660–2162
fusako_dohi@keysight.com

Jenny Gallacher, Europe
+44 118 927 4003
jenny.gallacher@keysight.com

by Carla Fredericks and Matt Aguiar, The Christensen Fund

The Christensen Fund has long considered how its assets could create positive impact beyond our grantmaking. In the mid-2010s, our Board and Investment Committee piloted multiple small-scale initiatives, including one Program Related Investment, several Mission-Related Investments, and a shareholder activism program. We also began a fossil-fuel divestment initiative.

In 2021, after developing a new program strategy and articulating our organizational Purpose focused on the rights of Indigenous Peoples, we delved deeper into a conversation about the impact of our investments. After updating our Investment Policy Statement (IPS) to “align our investments and our values”, we spent over a year developing what we called our “Purpose Aligned Capital” plan.

This collaborative process, which included members of our staff, Board, Investment Committee, OCIO, and external consultants and peers, was approved by our Board at the end of 2022 and created three distinct sleeves for our assets:

Program Related Investments (PRIs) would have absolute alignment with our program strategy and Purpose, and may underperform, have wider range of outcomes, or be less liquid relative to other strategies in the same asset class;Purpose Aligned Investments (PAIs) would be expected to generate market-rate returns and actively support our Purpose; andValues Aligned Investments (VAI) would be expected to generate market-rate returns and not be opposed to the principles that The Christensen Fund stands for.

We spent the entirety of 2023 fleshing out parameters and qualifiers for each of these categories, and by the end of that year, we made our first commitments under this new Purpose Aligned Capital strategy.

Indigenous Peoples face more threats today than ever before. By building an investment portfolio with a commitment to supporting Indigenous economic livelihoods, The Christensen Fund has taken action to support Indigenous self-determination. Achieving economic justice will require others to join in this effort. We know that, just as they have for millennia before, Indigenous Peoples can and will emerge from these challenges. We are excited for this future.

Read the full article here – https://greenmoney.com/supporting-indigenous-self-determination-through-a-spectrum-of-capital-2/

Eastman 

FRANKFURT, February 18, 2025 /3BL/ – Eastman introduced the latest innovation in its sustainable fiber portfolio at Heimtextil trade fair in Frankfurt, Germany. Eastman Naia™ Renew cellulosic fiber for fill applications expands beyond the brand’s success in bedding and towels. The fiber transforms comforters and quilts with breathable comfort, luxurious softness and unparalleled ease of care.

Heimtextil visitors can explore the transformative potential of Naia™ Renew for bedding fill in Hall 11.0, booth 61. The booth includes interactive displays and product demonstrations.

“This represents a significant evolution in the application of Naia™ Renew in home textiles, meeting the growing demand for high-performing, more sustainable solutions,” said Chad Doub, segment market manager for Eastman’s textiles division.

As the human body generates moisture throughout the night, it is important to prevent discomfort and support uninterrupted rest by managing trapped sweat. Naia™ Renew delivers a unique combination of breathability and moisture management, creating a dry and relaxing sleep environment. The fiber addresses every phase of moisture control: absorption, transport and evaporation.

The unique Y-shaped, cross-sectional design of Naia™ Renew fiber enables effective moisture wicking and dispersion. Its quick-drying properties create a consistently dry environment. The Y-shaped insulation provides greater loft and bulk compared to traditional popcorn-like fiber cross sections. This enhances softness and warmth and contributes to improved airflow within the padding for moisture wicking.

“This allows the fibers to respond to temperature changes that occur during the night, adapting perfectly to the needs of the body and rest,” Doub said.

Naia™ Renew enhances comforters with breathable properties that improve airflow and moisture management, outperforming traditional single-fiber fills in water-vapor resistance and transmission tests.

The fiber also delivers supreme softness and comfort with a silky and lightweight feel. Hypoallergenic and resistant to bacterial growth, Naia™ Renew fibers stay fresh even after repeated washing. This helps reduce odors and ensures comforters remain clean and inviting.

Additionally, Naia™ Renew fibers are machine washable, offering practical and durable solutions for busy modern lifestyles.

Learn more about Naia™ Renew for fill and other home textile applications at naia.eastman.com.

*Naia™ Renew recycled content is achieved by allocation of recycled waste material using GRS certified mass balance process.

About Eastman

Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company’s innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2023 revenue of approximately $9.2 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit www.eastman.com.

For contacts and information
Menabò Group, Naia™ press support: pressoffice@menabo.com