Tag: 3BL

Verizon

At just 16 years old, Miles Davis, a high-school senior from Washington, D.C., is already charting a path towards a STEM career.

Growing up, Davis showed signs of being a strategic thinker: he was a serious chess player with an early love of technology. Davis and his brother used to build robots from kits as young kids. “I was just so curious about, ‘how does it move, how does it work?’” Davis says. “How does it know which way is left and right?”

But Davis’s enthusiasm for computer science truly blossomed after he attended Verizon Innovative Learning STEM Achievers at Howard University in 2018 and University of the District of Columbia (UDC) in 2019, when he was a middle school student. Right away, Davis says, he was hooked by the program’s curriculum — and his first chance to wear a virtual reality (VR) headset. “I saw robots, I saw VR goggles, and I saw everyone having fun, everyone learning,” he says.

Davis had hands-on experience with emerging technologies combined with the opportunity to apply them in solving real-world problems. From developing medical wearables that transmit vital health information in emergencies, to creating practical solutions for addressing climate change, the students collaborated to tackle urgent global challenges—an experience that profoundly shaped Davis’s vision for his future. “I had never really thought about solving real-world problems,” Davis reflects. “I was focused on building robots or creating machines, but I didn’t fully grasp the bigger picture until I joined this program.”

The Howard University program, run by Dr. Kofi LeNiles, combines the tech-based, hands-on learning of the Verizon Innovative Learning program with university-specific values, with an aim of not just teaching tech, but also creating bonds between the students. “What makes this program at Howard unique is that we not only focus on the excellent STEM curriculum that Verizon provides, but we also focus on community,” LeNiles explains.

By transforming competition into teamwork, the program teaches valuable lessons. “My biggest takeaway from the Verizon Innovative Learning program was how teamwork can solve issues,” Davis explains. “We really got together and put our ideas together and… wrote it down and started brainstorming; we came up with some really good ideas.”

As a graduating high school senior, Davis is already focused on potential possibilities for his future. “My interest in STEM got me thinking about solving problems… and I feel like it really contributed to my future interest, because everything I do is about solving a problem or fulfilling a need,” he says. Davis has plenty to keep him busy: he is already an entrepreneur with his own clothing line and plans to go to college and pursue electrical contracting as a trade.

Verizon Innovative Learning is a key part of the company’s responsible business plan to help move the world forward for all. As part of the plan, Verizon has an ambitious goal of providing 10 million youth with digital skills training by 2030. Educators can access free lessons, professional development, and immersive learning experiences to help bring new ways of learning into the classroom by visiting Verizon Innovative Learning HQ.

My interest in STEM got me thinking about solving problems… and I feel like it really contributed to my future interest, because everything I do is about solving a problem or fulfilling a need…

Miles Davis

International Olympic Committee news

Discover how the IOC, through its Olympism365 strategy, is using sport to make an impact in education and livelihoods across Latin America and Africa. By collaborating with sports, education and youth employment organisations, the IOC is empowering young people with transferable skills and increased access to education, employment and entrepreneurship opportunities, particularly for marginalised groups, including women and girls.

DENVER /3BL/ – DaVita, a comprehensive kidney care provider, is celebrating 25 years of clinical care delivery and leadership in healthcare innovation. Since forming with a purpose “to give life” in 2000, DaVita has focused its efforts to improve clinical outcomes, enhance quality of life for patients and be a force for positive change for the healthcare system. By fostering an inclusive, mission-driven workforce and building strong community partnerships, DaVita is helping empower the future of kidney health.

DaVita’s 25 years of clinical excellence is built on a steadfast commitment to patient-centered care — through purpose-driven clinical strategy, value-based programs, investments and research in new capabilities, and advancing and increasing access to treatment options.

“Healthcare at its core is a service, provided by and for people. I’m proud of the immense progress we’ve made through our steadfast commitment to improving lives,” said Javier Rodriguez, CEO for DaVita. “Together we will continue to push boundaries to create better outcomes for our patients and physician partners, as well as purpose-driven career opportunities for our teammates, today, tomorrow and every day as we look toward the next 25 years.”

A Legacy of Clinical Excellence

Throughout the last 25 years, DaVita’s teammates (employees) and its physician partners have made many contributions to the broader healthcare community, detailed on davitaforward.com. Highlights of these achievements demonstrate DaVita’s commitment to helping revolutionize kidney care delivery:

High-quality, personalized care for people living with chronic kidney disease (CKD) through higher quality standards, value-based care arrangements, home care, improved transplantation rates and moreCollaboration with the healthcare community, including physician partners, clinical researchers and pioneers of novel solutions, driving industry-wide innovation in pursuit of the best possible care for patientsCultivation of a diverse and inclusive workplace that supports economic mobility for all of its teammates and to help address current nursing workforce challenges

Recent Momentum Fuels DaVita Forward

Over the past year, milestones in patient outcomes, care advancement, chronic health education and corporate citizenship demonstrate the momentum DaVita endeavors to bring into its next 25 years:

Improving Access to Kidney HealthWhen millions of lives were impacted by the devastation caused by Hurricanes Helene and Milton, DaVita and the kidney care community restored operations to the majority of dialysis centers within days of the storm relenting. DaVita deployed generators, water tankers, over 20,000 gallons of fuel, and high-water crews to conduct wellness checks and search for missing patients and teammates.DaVita patients continue to dialyze at home in record numbers. In 2024, 15% of DaVita patients treated on a home modality, resulting in double digit home dialysis treatment growth.Nearly 8,200 DaVita patients received a kidney transplant, the provider’s highest number of annual transplants ever, in 2024.The DaVita Health Tour provided free health screenings and chronic disease education to communities across the U.S.DaVita and the American Diabetes Association (ADA) expanded their multi-year collaboration to advance chronic disease prevention, focusing on two prevalent chronic conditions in the U.S.: diabetes and chronic kidney disease.MedSleuth’s innovative BREEZE platform, which streamlines health information exchange between providers, transplant centers and patients to help accelerate progress through the waitlist process, has been implemented in 100% of DaVita centers in the U.S.Enriching Healthy Communities WorldwideDaVita expanded access to kidney care globally, now with operations in 14 countries, including recent expansions in Brazil and Colombia and new operations in Chile, Ecuador, and Japan.DaVita’s global operations are on track to be powered by 100% renewable energy through renewable energy purchases that match its electricity use in operations around the world. DaVita previously reached 100% renewable energy match in the U.S. in 2021.DaVita has been recognized by USA Today, Newsweek, and TIME, among others, as a leading employer and a force for good.

“DaVita stands as a testament to the power of values-driven care,” stated Jeff Giullian, MD, chief medical officer for DaVita. “Our legacy is rooted in our uncompromising commitment to clinical excellence and innovation. We are not just improving care; we are transforming it, aiming to ensure that all people have access to care and can achieve their optimal health outcomes. We are building a future where excellence is the standard and a reality for all.”

To learn more about DaVita, please visit davita.com. To view an interactive timeline of the company’s 25-year history, please visit davitaforward.com.

About DaVita

DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve quality of life for patients globally. As a comprehensive kidney care provider, DaVita has been a leader in clinical quality and innovation for 25 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home. As of September 30, 2024, DaVita served approximately 265,400 patients at 3,113 outpatient dialysis centers, of which 2,660 centers were located in the United States and 453 centers were located in 13 other countries worldwide. DaVita has reduced hospitalizations, improved mortality, and worked collaboratively to propel the kidney care industry to adopt an equitable and high-quality standard of care for all patients, everywhere. To learn more, visit DaVita.com/About.

Forward-Looking Statement

This press release contains or refers to certain forward-looking statements within the meaning of the federal securities laws including, among other things. Without limiting the foregoing, statements including the words “expect,” “intend,” “will,” “may,” “continue,” “target,” “goal,” “endeavor” and similar expressions are intended to identify forward-looking statements. The Company bases its forward-looking statements on information available to it on the date of this presentation, and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under “Risk Factors” and elsewhere in the Company’s reports on Form 10-K and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time.

Media Contact: 
DaVita Newsroom 
newsroom@davita.com

SOURCE DaVita

Tapping into different voices, perspectives, and experiences helps businesses solve problems, reveals new opportunities to grow, and encourages contributions that better support people and communities. At Henkel North America, diversity is a path to progress, innovation, and impact. Our employees and partners are united by our purpose: Pioneers at heart for the good of generations. They collaborate to tackle challenges, find solutions and open new perspectives – allowing us to deliver products, services, and innovations that enrich and improve everyday life.

We invite you to “meet” our pioneers in our series, “Pioneers for Good.”

Introducing Gowri

Gowri Narsimhamurthy, Head of Application Engineering Henkel Adhesive Technologies, prides herself on using her voice for good and leading with firm, effective communication. To Gowri, being a pioneer for good means recognizing your power to help make a positive and long-lasting impact for generations to come.

Gowri’s passion for STEM dates back as far as she can remember, reinforced by her degree in Material Science and Engineering from Rutgers University and her early work in new product research and development (R&D) at Henkel. In her 13+ years of working at the company and as a consumer of Henkel products, Gowri has seen first-hand how science and engineering lead to innovations that help improve lives.

“At the end of the day, we are consumers of our own products. Our experiences drive our innovation,” said Gowri.

Finding Your Voice

As a woman in the male-dominated field of engineering, Gowri’s outlook on her work has been shaped by personal experiences and the guidance of supportive mentors who helped her harness what she considers her ‘responsibility’ to drive positive change. 
When Gowri saw an opportunity to grow in her career, she advocated for her advancement by articulating her goals and flexing her strengths. She credits her tenacity and professional drive in part to her mentors who have helped hone her leadership style and foster essential communications skills, which supported her in taking this leap.

Through transformative relationships with her mentors, Gowri learned to elevate her career and speak up for others as a mentor.

Fostering a Collaborative and Supportive Network

As a mentee and a mentor, Gowri knows the value of surrounding yourself with a community that supports your aspirations and encourages you to raise your voice. She draws inspiration from countless women in her life, from family members to business professionals, who have advocated for their communities and defined success on their own terms.

Gowri’s first source of inspiration was her mother, who recently retired from 18 years of service with the Red Cross. Under her mother’s guidance, she found a passion for community engagement at a young age.

Gowri has carried this commitment to service throughout her adult life, working with organizations like United Way and as a former leader of the Henkel Women’s Network Employee Resource Group (ERG). Here, she led the Professional Development Committee, where she helped create impactful programs and engaged speakers to share experiences and lessons with Henkel employees, fostering growth within the organization.

“We have so much to learn from our peers and colleagues,” Gowri reflected. “I cherish any opportunity to uplift their voices and hear about their personal and professional journeys – it invites me to reflect on what I can do differently and how I can better serve my community.”

Uplifting The Next Generation of Leaders

Through the lens of her mentors, passions, and peers, Gowri has used her voice and position to help Henkel grow its STEM talent base. She has participated in Henkel’s recruitment efforts through the Henkel Ambassadors Recruitment Program and as a member of the Society for Women Engineers (SWE).

At a recent SWE conference, Gowri moderated a panel of Henkel colleagues who are leaders in STEM and shared advice on seeking mentorship and building leadership skills early in one’s career.

It’s essential that we prioritize getting women with strong technical skills and leadership qualities in front of companies like Henkel to best position the company for growth and innovation.

Gowri Narsimhamurthy, Head of Application Engineering, Henkel Adhesive Technologies

To build strong STEM leaders, Gowri also knows the value of introducing STEM at a young age. She recalls creating her first business card during a visit to her parent’s office as a child. It’s those memories that got her excited about participating in Henkel’s annual Take Your Child to Work Day, where she used s’mores to help teach employees’ children about the product supply chain.

“The steps of s’more-making are not unlike those in our product supply chain,” Gowri explained. “We talked about sourcing the right materials, assembling and quality-checking – all while making a delicious treat.”

Gowri understands that growing a diverse STEM field starts with nurturing an interest and finding creative ways to get children involved.

Bringing Out the Voice in Others

Gowri recognizes the challenges that come with being a woman in STEM, and encourages women interested in this career path not to get discouraged.

When asked for her advice, Gowri shared, “The right opportunity may be just around the corner. Find mentors who can support you both inside and outside of the organization, and trust that if you believe in something, it’s worth being firm and speaking up about it.”

As Gowri continues her work in the STEM field, she remains committed to inspiring others to harness their voice for positive change and being a pioneer for future leaders.

As an important part of Bath & Body Works’ ESG journey, we’re working to create lasting, positive impacts through sustainable sourcing practices. Beginning in 2023, we partnered with Antea Group, an international expert in sustainability, to build a tool that allows us to better understand the social and environmental implications of the materials used in the most important areas of our business (for both merchandise and non-merchandise purchasing). This tool was developed to help support our ESG commitments toward improving the sustainability profile of priority ingredients and contributing to resilient communities.

Based on this initial assessment, we embarked on our journey to pilot programs that help us make progress on our commitments, starting with Madagascan vanilla.

Madagascar is the largest source of natural vanilla for Bath & Body Works and grows the majority of the world’s Vanilla Planifolia species. Madagascar is rich in biodiversity, but the impacts of natural catastrophes, such as droughts, and economic conditions pose a risk to vanilla farmers.

Through a new partnership with the Givaudan Foundation, we’re working to improve the living conditions of Madagascan vanilla farmers. We are subsidizing 3,000 Madagascan-produced, energy-efficient cookstoves over three years for 3,000 farming households in the Sava region of Madagascar, which is where most of the natural vanilla in our products originates.

Similar projects like this in the past have shown to:

Reduce number of trees harvested to use as fuel in cooking.Reduce time spent by households to collect firewood.Reduce smoke exposure for households.Create local jobs as stove resellers in the region.

We believe that finding ways to positively impact these farmers is the right thing to do to help ensure this ingredient is available for future generations. We look forward to using learnings from our Madagascan vanilla program to learn, grow and most importantly, deepen our focus on what truly matters — our people, communities and planet.

Originally published on GoDaddy Resource Library

By Fara Howard, Chief Marketing Officer at GoDaddy

Looking back on another remarkable year of microbusiness growth, GoDaddy has been inspired by the resilience and innovation shown by entrepreneurs. Despite macroeconomic challenges like access to financial capital and inflation, GoDaddy’s Venture Forward research reveals just how much they continue to shape communities and transform local economies.

As we look ahead to 2025, AI advancements are unlocking new opportunities for small businesses. Tools like GoDaddy Airo™ not only simplify how small businesses launch and thrive online but also contribute to job creation and local economic growth. The true power lies in blending this technology with the unique strengths of entrepreneurs, particularly their personal touch and deep understanding of their customers.

This year, we believe that AI will empower small business owners to build upon what they already do best—build meaningful relationships, anticipate customer needs, and drive business growth. Here’s how:

Predictive Recommendations Will Enhance Customer Connections 
Many small businesses use basic e-commerce tools that suggest products based on past purchases, missing opportunities to truly delight customers. This year, small business owners will lean on AI to predict customer needs more naturally—like recommending a gift idea for an anniversary or a restock for a favorite product. Rather than feeling automated, these insights will amplify the personalized experiences that keep customers coming back.

Finding Hidden Customer Opportunities Will Drive Innovation 
Small businesses have always been great at recognizing customer needs through conversations and intuition based on experience. In 2025, AI will help small businesses spot specific opportunities—hidden patterns and untapped niches—that might otherwise go unnoticed. Whether it’s a growing local demand or a small but loyal customer segment, AI insights will complement the human instinct that sets small businesses apart.

Localized Content Will Deepen Community Roots 
Creating marketing content that feels authentic and local takes time—time many small business owners don’t have. Over the next year, small business owners will use AI to streamline content creation while ensuring it reflects their community’s voices, cultures, and values. Whether it’s a social media post about a local event or an email campaign tailored to seasonal trends, AI will make it easier to stay connected with customers in ways that big businesses can’t replicate.

Real-Time Monitoring Will Keep Businesses Resilient 
Small business owners juggle multiple dashboards and sometimes catch issues only after they’ve grown. This year, AI will proactively flag risks like declining sales or unusual expenses, giving small businesses time to respond before challenges escalate. By providing early insights, AI will act as an assistant that supports resilience and agility.

Smarter Data Insights Will Help Small Businesses Grow 
Many entrepreneurs struggle to turn data into actionable strategies. In 2025, small business owners will use AI to simplify decision-making and uncover clear insights, like the best times to run a promotion or which products customers are loving most. By simplifying these processes, AI will free them to focus on what matters most: serving their customers and growing their businesses.

The Power of Personal Connection + AI 
As discussed during our Microbusiness Summit, small businesses hold an unmatched ability to create personal, lasting connections. While AI continues to evolve, it will never replace relationships built through trust, community, and empathy. Instead, it will enhance the ability to deliver the personal touch that customers love, helping entrepreneurs save time, anticipate needs, and grow in ways that align with their unique strengths.

With 66% of microbusiness owners saying life is better as an entrepreneur and more than half confident in their use of AI tools, 2025 holds incredible opportunities for those willing to explore new tools.

We can’t wait to see how small business owners will use AI (like GoDaddy Airo!) to continue doing what they do best: building businesses with heart, purpose, and a personal touch that big businesses will always strive to replicate.

Here’s to a thriving, connected, and AI-empowered 2025!

SEATTLE, February 12, 2025 /3BL/ — The KeyBank Foundation has announced a grant of $450,000 to FareStart as the nonprofit seeks to extend the breadth and depth of its job training programs, with a goal of increasing overall program impact by 60% over three years.

Funds from the KeyBank grant will be used to train more of FareStart’s students—adults and young adults over 15 ½ experiencing homelessness, justice-involvement, substance use recovery and other barriers. They will gain a wider breadth of skills and opportunities in more diverse training environments, with expanded employer partners and enhanced curriculum.

FareStart, known for its focus on transforming lives, disrupting poverty and nourishing communities through food, life skills and job training, continues to rebuild after the extended temporary closure of many of its public-facing social enterprises. Training capacity had been limited while the organization has simultaneously been navigating a changing social service and employment landscape, and this grant will play a vital role in supporting continued expansion.

“At KeyBank, our mission is to help our community thrive, and we know that an important building block is helping underserved populations realize their full potential and develop the skills that will lead to successful and fulfilling careers,” said Brian Marlow, KeyBank’s Washington State Market President. “A secure job is the gateway to a solid financial future, and we are delighted to support FareStart’s programs designed to create a foundation that will help build long-term stability for those furthest from opportunity.”

“We are deeply grateful to KeyBank for their generous gift,” said Patrick D’Amelio, CEO of FareStart. “Their support will enable us to continue to expand our job training programs, equipping more individuals with the job skills and support they need to gain stability and economic mobility. KeyBank has been a longtime supporter, but this three-year investment is coming at a critical time as we deepen our impact in the post-pandemic landscape.”

About FareStart

FareStart is a social enterprise nonprofit that transforms lives, disrupts poverty and nourishes communities through food, life skills and job training so that people furthest from opportunity can realize their full potential. FareStart provides on-the-job training to students through its food-based social enterprise businesses, including cafés, box lunches and a community meals program. Since 1992, FareStart has provided opportunities for over 7,000 adults and youth, while serving 19 million meals to Seattle area schools and nonprofit organizations. For more information, visit farestart.org.

About KeyCorp 
In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at December 31, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.

By adding a third U.S. manufacturing facility for three-phase transformers, Eaton supports robust market growth Hiring to begin in 2027 for 700 local jobs in the new Eaton Jonesville site, Eaton’s eleventh facility in South Carolina Brings Eaton investments in North American manufacturing for its electrical solutions to more than $1 billion since 2023 

CLEVELAND, February 12, 2025 /3BL/ – Intelligent power management company Eaton (NYSE:ETN) is helping address the critical shortage of transformers and record demand for its solutions across utility, large commercial, industrial and data center customers. The company is investing $340 million to increase U.S. production of its three-phase transformers essential to reliable electrical power. Production and hiring at Eaton’s new Jonesville, South Carolina facility is expected to begin in 2027. Eaton will continue to also manufacture three-phase transformers at two Wisconsin facilities.

“Electrical power demand is increasing dramatically, and our solutions are at the heart of energy systems everywhere, from the utility grid to industrials, data centers, buildings and more,” said Mike Yelton, president, Americas Region, Electrical Sector at Eaton. “We’re grateful for the strong collaboration and support in South Carolina, where we have a long history of manufacturing and innovation. Eaton is continuing to increase production and add jobs there and across the U.S. to support affordable, reliable and clean energy.”

Eaton transformers meet the highest efficiency standards in the industry, helping customers save energy and costs. Building on more than a century of transformer innovation and manufacturing, Eaton will convert an existing facility in Jonesville, South Carolina into a state-of-the-art manufacturing site for three-phase transformers. The project is supported by local, state and federal economic development incentives. The company is also working closely with readySC and regional schools to support hiring and industry training.

“Eaton’s new operation in Union County, which will mean 700 new jobs for the local community, represents a major vote of confidence in South Carolina’s highly skilled, world-class workforce. This investment is a remarkable milestone for Eaton and Union County, and we celebrate the opportunities it will create throughout the state in the years ahead,” said South Carolina Governor Henry McMaster. 

“South Carolina is a leader in manufacturing due to our talented workforce, quality of life and business environment. I welcome Eaton’s investment in Union County, further ensuring our state remains on the forefront of grid modernization,” said Senator Lindsey Graham.

Senator Tim Scott shared, “This is great news! Eaton’s investment and expansion will create more job opportunities for the community and stimulate our local economy. I am glad South Carolina continues to be a hotbed for economic growth and a leading force in energy!”

“South Carolina continues to set the gold standard as a competitive, business-friendly state with a strong and growing workforce. I am thrilled that Eaton has chosen Union County for its expansion, and I look forward to the positive impact this investment will have in the years ahead,” said Congressman Ralph Norman.

“We are pleased to welcome Eaton to Union County and acknowledge their investment and the new jobs opportunities they are introducing. Their considerable investment highlights the confidence global companies like Eaton have in Union County’s capability to address their needs. On behalf of the county council, county staff and our partners, we convey our congratulations and appreciation for Eaton’s commitment to Union County,” said Union County Supervisor Phillip Russell.

Eaton will continue to manufacture three-phase transformers in Waukesha, Wisconsin. The company will also continue to produce single-phase, pole-mount and pad-mount transformers in Nacogdoches, Texas.

Since 2023, Eaton has invested more than $1 billion in its North American manufacturing for electrical solutions. Eaton is also increasing supplies of power distribution solutions, including transformers and voltage regulators; as well as electrical assemblies: switchgear, switchboards and circuit breakers; and solutions supporting electric grid infrastructure projects.

Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.

Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.

This news release contains forward-looking statements concerning anticipated production of Eaton’s three-phase transformers. These statements may discuss goals, intentions and expectations as to future trends, plans, events, or state other information, based on current beliefs of management. These statements should be used with caution and are subject to various risks and uncertainties, many of which are outside Eaton’s control. The following factors could cause actual results to differ materially from those in the forward-looking statements: potential global pandemics, supply chain disruptions; unexpected claims, charges, litigation or dispute resolutions; strikes or other labor unrest at Eaton or at our customers or suppliers; new laws, tariffs and governmental regulations; and unanticipated deterioration of economic and financial conditions in the United States and around the world. We do not assume any obligation to update these forward-looking statements.

Contact:

Kristin Somers 
+1.919.345.3714 
Kristincsomers@eaton.com

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AMSTERDAM and HONG KONG and OAKLAND, Calif., February 12, 2025 /3BL/ – Cascale, a global nonprofit alliance representing over 300 organizations across the consumer goods industry, and Worldly, the leading sustainability data insights platform, released their latest policy deep dive, “Building a Global Baseline: The Role of IFRS Sustainability Disclosure Standards.” This comprehensive paper examines the evolving global framework for sustainability disclosures. It focuses on International Financial Reporting Standards (IFRS) and offers practical guidance for brands, retailers, manufacturers, and suppliers seeking to navigate the complexities of investor-focused sustainability reporting.

The adoption of International Sustainability Standards Board (ISSB) standards is critical as it fosters global alignment in sustainability reporting, reducing the need for companies to contend with a patchwork of national regulations. Adoption is gaining momentum in key regions, with 474 companies in Asia-Oceania and 296 in Europe already referencing ISSB standards. By March 2024, 1,151 companies had integrated ISSB disclosures, marking the beginning of a global shift toward standardized reporting that enhances market comparability and meets investors’ growing demand for consistent, reliable data.

“Standardization in sustainability reporting is critical for the textiles and wider consumer goods industry,” said Elisabeth von Reitzenstein, director, policy and public affairs at Cascale. “Our new deep dive demystifies IFRS S1 and S2 and demonstrates how these standards are setting a global benchmark for transparency and accountability. Developed in collaboration with Worldly, this report is designed to empower Cascale members and Higg Index users to align their reporting practices with emerging regulatory requirements and investor expectations.”

“Businesses that adopt International Financial Reporting Standards gain a clear financial picture, helping them uncover hidden risks in their supply chains and strengthen resilience in today’s dynamic markets. By aligning sustainability reporting with these standards, companies will enhance transparency and cross-company comparability for their stakeholders, enable smarter decision-making, and align with global emerging regulations,” said JR Siegel, vice president, sustainability at Worldly.

By offering actionable insights and highlighting the strategic advantages of global alignment in sustainability reporting, this deep dive underscores its critical importance for the entire consumer goods sector. In an era where sustainability reporting is evolving from a voluntary best practice to a mandatory business imperative, this resource empowers industry stakeholders to innovate, differentiate, and lead the transition toward a more transparent, ethical, and sustainable global economy.

This deep dive is part of a broader collaboration between Cascale and Worldly to empower Cascale members, Worldly customers, and value chain partners as they navigate fast-changing regulatory landscapes. Through these policy deep dives, Cascale and Worldly deliver expert insights on key sustainability and reporting legislation while their tailored solutions—especially Cascale’s Higg Index (exclusively available on Worldly)—enable companies to track, analyze, and report critical data. As voluntary guidelines shift toward mandatory reporting, this partnership helps organizations not only achieve compliance but also unlock opportunities for innovation and leadership in driving industry-wide transformation.

Download the Full Report Today 
To support companies in navigating the complexities of investor-focused sustainability reporting, Cascale and Worldly have made the full policy deep dive available for download.

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. LinkedIn | X | Instagram | Facebook | YouTube

ABOUT WORLDLY

Worldly is the leading sustainability data insights platform, trusted by 40,000+ major brands, retailers, and manufacturers in fashion, outdoor, home goods, toys, and more. Worldly uniquely collects high-resolution primary data specific to companies’ value chains, operations, and products, providing insight into true impacts across carbon, water, chemistry, and labor. Featuring the most comprehensive source of ESG data for global manufacturers and the largest library of materials and product impacts, Worldly empowers businesses to scale responsibility into their global operations, faster and more accurately. Hosting, connecting with, and supporting the leading industry solutions and methodologies, including ZDHC, Bluesign, and the Higg Index — developed and owned by the global nonprofit alliance Cascale — Worldly delivers the insights businesses need to reduce their impact, comply with emerging regulatory and financial disclosure requirements, and meet the expectations of a new generation of customers. www.worldly.io

AMD is known for technologies that help make our world a better place. Beyond advancing technology, as a company, we are committed to advancing communities through corporate philanthropy and employee volunteerism.

The Hunger Crisis

For more than 40 years, AMD employees have been giving back to their communities, routinely volunteering and raising money for efforts across a broad range of issues. In collaboration with local food banks, AMD employees are helping provide basic needs like nutritious food in communities around the globe.

Due to the pandemic, the world saw hunger numbers increase at an alarming rate from 2019-2020, and according to the Food Security and Nutrition in the World (SOFIO), those elevated numbers have remained largely constant in the years since. In 2023, an estimated 733 million people experienced hunger, and 2.3 billion people experienced moderate to severe food insecurity.

AMD and Rise Against Hunger

In 2022, AMD expanded its global efforts to fight hunger by teaming up with Rise Against Hunger. As part of its work, this nonprofit organization provides volunteer-packaged, nutrient-dense meals that support education and health in countries facing high rates of food insecurity. AMD mobilized its employees and hosted meal packaging volunteer events in multiple countries. Over the past three years, the relationship has grown significantly, and last year alone, 2,500+ AMDers packed more than 450,000 meals in 13 different communities.

In Malaysia, the AMD team invited students from INTI International College Penang to join their meal packaging event. “This event was more than just a few hours of volunteering. It was a powerful reminder of what we can achieve when we come together. Each meal we packaged represents a beacon of hope for someone struggling with hunger,” said Lee Yong Ong, Financial Analyst, AMD in Penang.

Meals packed by AMD volunteers were distributed through Rise Against Hunger to communities facing food insecurity due to economic and environmental constraints and humanitarian relief needs.

Continuing Progress in 2025

AMD is proud to help in the fight against global hunger. Thanks to our employees’ commitment and generosity, we have made a significant impact. In 2025, we aim to pack our 1 millionth meal with Rise Against Hunger.

To learn more about AMD Community Involvement, visit: https://www.amd.com/en/corporate/corporate-responsibility/community.html