Tag: 3BL

LEEDS, United Kingdom, January 6, 2025 /3BL/ – Antea Group UK, a leading multidisciplinary consultancy specialising in environment, health and safety services for the private sector, today announced the launch of its comprehensive Water Consultancy Services. This new service offering builds upon the company’s existing expertise to provide clients with a one-stop shop for all their environmental planning and transactional due-diligence needs.

“Following a successful inaugural year in 2024, we are pleased to expand our service portfolio with the introduction of our Water Consultancy Services,” stated Dr. Paul Dowson, Environmental Planning Practice Director at Antea Group UK. “This new service underscores our dedication to offering clients the most comprehensive and commercially focused solutions available in the UK market. Our team is exceptionally equipped to provide expert guidance on flood risk, drainage, climate resilience, and regulatory compliance for both development and investment projects.”

With an experienced team of water consultants, Antea Group UK’s Water Consultancy Services encompass a wide range of offerings, including:

Flood Risk AppraisalsFlood Risk AssessmentsDrainage StrategiesNutrient NeutralityWater Environmental Statement ChaptersPhysical Climate Risk AssessmentsBREEAM Flood Risk AssessmentsFirewater Risk AppraisalsFlood Risk Sequential TestsFlood Warning and Evacuation Plans

“Investing in water services is not solely about safeguarding people and properties but also about protecting our environment,” stated Alex Perryman, Head of Water Services at Antea Group UK. “With flood risk and climate change being persistent topics in the political arena, we are strategically positioned to offer a comprehensive suite of flood risk and drainage services. Our tailored solutions are designed to mitigate risks from all sources of flooding, both presently and in the future, thereby ensuring a greener and more sustainable future for our planet.”

About Antea Group 
Antea Group® is an environmental, health, safety, and sustainability consulting firm with operations in Europe, Asia and the Americas. By combining strategic thinking with technical expertise, 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 EHS-business challenges in a way that fits their pace and unique objectives. Our consultants equip organisations to better understand threats, capture opportunities and find their position of strength.

Contact: 
Alex Perryman 
Head of Water Services 
alex.perryman@anteagroup.uk

MONTREAL, January 6, 2025 /3BL/ – Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”) is pleased to share that it has been included in the Dow Jones Sustainability™ North America Index (DJSI North America)1, one of the world’s leading ESG performance rankings for publicly traded companies. This marks the 12th consecutive year the Company has been included in the Dow Jones Sustainability Index. The results highlight that Gildan continues to be a sustainability leader, ranking in the 98th percentile of the Textiles, Apparel, and Luxury Goods industry2 out of 189 companies assessed in this industry. Gildan was the only apparel manufacturing company included in the DJSI North America.

“We take pride in being included in the DJSI North America again this year. ESG is an integral part of Gildan’s long-term business strategy, and our continued inclusion in the DJSI reflects our two-decade long commitment to sustainability,” says Glenn Chamandy, President and CEO of Gildan. “With our Next Generation ESG strategy firmly rooted in the Gildan Sustainable Growth strategy, we are paving the path for an even more sustainable future for Gildan, our people, our communities, and the environment.”

The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios. The indices measure the performance of companies selected from an Invited Universe that satisfy Environment, Social, Governance & Economic criteria using a best-in-class approach. Constituents of the DJSI are determined using a company’s S&P Global Corporate Sustainability Assessment (CSA) score. The Dow Jones Sustainability North America Index represents the top 20% of the largest 600 North American companies in the S&P Global Broad Market Index that lead the field in terms of sustainability.

More information about Gildan’s ESG strategy can be found here. 

1. Index Inclusion Announced on December 23, 2024. 
2. CSA Score as of September 17, 2024.

About Gildan

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE® and Peds®.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company’s long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

Investor inquiries: 
Jessy Hayem, CFA 
Senior Vice-President, Head of Investor Relations and Global Communications 
(514) 744-8511 
jhayem@gildan.com

Media inquiries: 
Genevieve Gosselin 
Director, Global Communications and Corporate Marketing 
(514) 343-8814 
communications@gildan.com

Reputation for Integrity 

Medecins Sans Frontieres (better known as Doctors Without Borders) began in 1971 with a mission to offer humanitarian medical care to those in need around the world. After half a century of doing just that, the organization has garnered a well-earned reputation as one of the world’s foremost first responders.

“When there’s a crisis in the world,” says MSF Director of Operations Kenneth Lavelle, “MSF is ready to mobilize, people, doctors, logisticians, and specialists, with all of the material that they need, we are ready twenty-four hours a day, three hundred and sixty-five days a year for that call, and when it comes, we respond.”

The group provides health services ranging from surgeries to mental health care to vulnerable populations and marginalized groups in conflict zones, disaster areas, and regions facing health crises. In 1999 Medecins Sans Frontieres was awarded the Nobel Peace Prize for its work.

MSF has been able to provide such vital care for such a long time, by staying true to important principles: Providing assistance based solely on need, remaining guided by medical ethics, and remaining transparent and accountable.

While MSF’s values are at the core of the organization and its mission, maintaining dozens of operations in volatile regions around the world also takes a lot of logistical expertise and a lot of technological infrastructure. MSF has nurtured a massive global logistical and IT network to facilitate these globe-spanning operations, relying on cutting-edge IT solutions from partners like Lenovo.

A Vital Network

“MSF is seen as a medical organization,” explains Lavelle, “but we’re only able to achieve what we want medically because of the huge [network of] logistic support that we’ve developed over decades. And then beyond that, we have invested heavily in information technology. We can’t run our operations today without IT specialists.”

When MSF deploys an operation, teams often face the challenge of building a hospital from the ground up, in a volatile environment, lacking in resources. That’s a task that requires a lot more than medical expertise.

“The IT team works alongside the medical team and the logistics team,” explains MSF IT Field Coordinator Jean-Patrick Dye, “to make sure that the people on the ground have everything they need to be able to do their job. Whether it’s communicating within their team, communicating with HQ, or just ensuring that everything is running smoothly. This is where trusted technological partners like Lenovo come in so that we can keep our teams connected, online in some of the most complex environments in the world”

Excelling in the Extremes

MSF’s IT field kits contain Lenovo’s purpose-built edge compute servers to meet extreme demands with innovative solutions. The rugged and compact ThinkSystem SE350 Edge Server delivers large-scale functionality in a compact and portable form factor, and offers both wired and broad-wire connectivity, making it suitable for any environment MSF teams find themselves in.

Three challenges come with setting up servers in any edge environment: space, temperature regulation, and power consumption. Lenovo’s edge servers are designed to tackle those challenges exactly.

Designed specifically for operation outside of data center environments, the Lenovo ThinkSystem SE350 has a small hardware footprint with a 1U height, half width, and short depth case that can be installed almost anywhere: under a desk, mounted to a wall, or even in a van. IT field kits assembled and customized at the Waslet warehouse in Brussels are being pre-configured and dispatched to MSF Geneva missions across Africa, Europe, the Middle East and Asia.

With operating temperature ranges from 0-55°C, the Lenovo servers are also compliant with NEBS3 and ETSI standards, passing rigorous emission, altitude, shock, and vibration tests. They also include strong cyber security features, such as disk encryption, as well as physical protections including motion detectors and intrusion switches to guard against unauthorized access and tampering.

“Most of the time we don’t have air-controlled rooms,” explains Dye, “because that uses a lot of electricity that we might not have. Our field kits operate as a small data center directly on the field. We have a rugged box that is customized to allow airflow, and inside we put the Lenovo ThinkSystem SE350 Edge Server. The small form factor device provides the infrastructure used by the team. And we have an uninterruptible power system that allows us to never go offline.”

At the MSF headquarters, employees use Lenovo workstations to run coordination efforts involving mapping, transportation, and communications. However, the collaboration between Lenovo and MSF goes beyond simply supplying necessary tech, it touches every aspect of MSF’s operations, including hardware and procurement for servers and connected devices in the field, infrastructure design and consultancy, and support from services and solutions that are custom fit for the organization’s needs

As field coordinator, Jean-Patrick Dye sees the effect of Lenovo’s support firsthand.

“At our headquarters, we have Lenovo workstations, and in the field, our teams are using ruggedized Lenovo laptops,” explains Dye. “Standardizing our tech throughout our organization has made repairs around the globe, so much more efficient.”

With Lenovo, MSF teams sacrifice less precious time and resources on things like connectivity and IT infrastructure and can focus more on delivering vital care to people in need.

Preparing for The Future

Both Lenovo and MSF are already looking to a future of continued collaboration and exploring new applications of edge technology. Together, they are developing portable systems that can fit every necessary component in a grab-and-go form factor and can be deployed even faster, with an even smaller footprint.

Dye explains, “It would allow us to–with just a backpack–provide network connectivity and services to a small team going to address an emergency when time and logistics are complicated. We could just grab that backpack and go.”

MSF is also embracing new technologies in other spheres, developing artificial intelligence applications that account for population migration during crisis events and can track and predict medical outbreaks, to counteract issues before they arise, and to ensure that responses are as effective as possible.

MSF’s impressive logistical capabilities remain one of the organization’s lesser-known strengths but are vitally important to the organization’s ability to provide necessary care around the world at the drop of a hat. While these innovations are exciting for their technological merit, they remain driven by the group’s unfaltering commitment to universal humanitarian aid.

“Regardless of the borders,” says Dye, “regardless of the country, MSF is going to be where it needs to be.”

Medecins Sans Frontieres remains focused on delivering life-saving care to patients around the world, regardless of location or nationality, and those efforts rely on the expertise of partners like Lenovo.

“For MSF,” says Lavelle, “having different partners like Lenovo that can help us find different technological solutions that will help us break down the barriers, break down the borders, that will help us to deliver better care for the patients is going to be key for the MSF of the future. Working together, looking for solutions for today, but more importantly, for tomorrow.”

Clinical trials are essential for the development of health care products, and it is increasingly recognized that there is a need for more diversity in trial participation. With new draft Food and Drug Administration (FDA) guidelines in the US to make Diversity Action Plans mandatory, we showcase Teva’s work in this space and highlight its importance in drug development.

Did you know that:

Local anaesthetic works for a shorter time on people with red hair.

Women are more likely to suffer from some adverse side effects of medications because medicine dosages have historically been based on clinical trials conducted in men.

Clinical trials are essential for the development of medicines. Without clinical trials and the volunteers who participate in them, we wouldn’t have treatments for cancer or lifesaving vaccines. In fact, we wouldn’t be able to develop treatments for many of the diseases that negatively affect the human race. It’s quite simple – clinical trials are important for advancing the science towards better management of illnesses and better quality of life for those who suffer from them.

What is a clinical trial and who takes part?

These trials are controlled research studies performed by skilled clinicians with people who volunteer to evaluate the safety and efficacy of potential new drugs or medical devices. But it’s not just about testing medicines. Some clinical trials test ways to find or treat life-threatening diseases and chronic conditions.

Regulatory organizations including the US Food and Drug Administration (FDA) and European Medicines Agency (EMA) rely on the results of clinical trials carried out by pharmaceutical companies to decide whether to approve treatments to be used in accordance with the prescribing information for each respective product.

So, who are these clinical trial participants? Mainly white people, it turns out.

Clinical trial diversity: the stats

Since the late 1990s, the number of countries contributing to the clinical-trial data used by FDA to approve drugs has almost doubled (even though 57% of the results still come from study sites in the US). But the diversity of participants taking part hasn’t changed very much. Back then, 92% of the participants in these trials were white – 20 years later that figure was 86%.

And in 2020? 75%.

In fact, in all the medications approved by the FDA in 2020, the clinical trial participants were comprised of: 75% White, 11% Hispanic, 8% Black African American, 6% Asian. Only 30% of the participants were over 65 years of age and more than half of the patients were located in the US.

Why does it matter who participates in these trials?

We depend upon the available research to know that a drug could be safe and effective, and the likelihood of it causing side effects. But the nature of those effects can vary between people of different ancestry. Some medicines may work in different ways in different population groups and in different ages, genders, etc. Trials that represent the intended patient population will better predict the results and better predict the outcomes for more people if the study population is more diverse.

For example, in one study in patients with multiple sclerosis (MS), Black people’s response to therapy did not last as long as White people’s response. Local anaesthetic works for a shorter time on people with red hair. It’s believed that women are more likely to suffer from some adverse side effects of medications because medicine dosages have historically been based on clinical trials conducted in men. Being able to assess how different groups respond to different medicines is key to treating conditions.

When clinical trials don’t include a representative sample of the population, the results may not apply to everyone equally, which can lead to ineffective treatments, unexpected side effects and unexplored potential.

But it’s not just about ethnicity.

Diversity means more than just your ethnic background – it also includes personal, physical, social and economic circumstances, everything from what you look like to where you live, from how much money you make to how you spend it, the school you go to, how you worship and the language you speak.

Bringing diversity into clinical trials means more than just increasing the pool of ethnic groups represented. It means including people from all different walks of life.

It’s clear from the statistics that ethnic groups are massively under-represented when it comes to clinical trials. And so are many other groups – ironically, often the groups who have a higher incidence of a disease and comorbidities (more than one chronic condition), who may have a higher chance of being prescribed the very medicines that treat these conditions.

Who is being excluded?

Research shows that under-represented groups in clinical trials include the old and the young, the Lesbian, Gay, Bisexual and Transgender (LGBT+) community and pregnant women or those of child-bearing age that plan to get pregnant. They include those who don’t speak the primary language of the country, who are unemployed or on low income, in alternative housing circumstances or remote locations. They also include those who are obese, have mental health conditions, learning disabilities, physical disabilities, multiple health conditions, or addictions.

These groups take disproportionately more medicines, but they are largely not involved in clinical trials to assess them.

Why?

There are many reasons why certain groups are under-represented in trials. From setting the eligibility criteria to the sites who conduct the trials, there are barriers at every step of the process. Take the trial sites for example, often located in areas that are not ethnically or socially diverse. Or the health care professionals who staff them, who may not have the language skills or appreciation for the diverse cultures represented in the local clinical population.

Take the patients themselves. Around the world, there are people who are shut out from or have limited access to primary healthcare systems. This has its roots in the inequalities of the world we live in. Research shows that structural inequalities in our communities cause disparities in healthcare. This is something that the medical community is starting to look at and ask, what can we do?

But it’s not just about being shut out from healthcare – it’s also about mistrusting the health system itself. When you look at the statistics, it’s clear that low-income respondents express much greater dissatisfaction with healthcare than middle income respondents.

In the US only 59% of Black adults as opposed to 78% of White adults have been found to trust doctors. Hesitancy to take the COVID-19 vaccine is highest among Black and Bangladeshi/Pakistani populations in the UK. In Australia, the indigenous community is six times more likely than the White community to leave the hospital against medical advice.

New guidance: Diversity Action Plans

It’s recognized there is a growing need for diversity in this area. In the US, new FDA guidance provides details on Diversity Action Plans required for certain clinical studies. This guidance requires sponsors to submit detailed Diversity Action Plans outlining strategies to enroll a broader range of participants across age, ethnicity, race and sex, aiming to hold sponsors accountable and ensure that diversity is considered from the earliest stages of clinical development. Meanwhile, in Europe, the EMA has a guiding Clinical Trial Regulation explicitly requiring justification of any non-representative procedures.

“This isn’t just a scientific issue, it’s a matter of equity and fairness,” says Melissa Grozinski-Wolff, Senior Director Clinical Operations at Teva. “Everyone deserves access to safe and effective treatments, regardless of their race or ethnicity, gender or age.”

Teva’s work in this space

A diversity plan will be created at the start of every trial program at Teva, indicating the percentage goal of underrepresented populations that will be included across the studies. Efforts will then be made to identify and select sites that have access to the targeted patient population. Should additional support be needed, this may be provided through diversified vendors who specialize in clinical sites treating minorities so these sites can be included in global studies.

But our work goes much deeper than this. According to a recent Deloitte report, Enhancing clinical trial diversity, the top barriers to diverse participation in clinical trials were limited information about clinical trials and not being asked to participate. At Teva we know that many patients lack general awareness of clinical trials, and that this is particularly evident among racially and ethnically diverse patient populations. So it is essential that we engage with community leaders and organizations to better understand the unique challenges these groups face in accessing healthcare and trials.

“We are designing trials to make them more accessible to diverse populations, focusing on patient-centered development,” says Jessica Marer, Associate Director, Clinical Trial Planning at Teva. “When we talk about innovative design and how we build our studies, part of that is understanding the local population so we can build trials with flexibility to improve access for everybody. For example, sending a medical practitioner on a home visit if access to the clinical site is challenging. We also use technology to improve accessibility by regularly updating participants with appointment, medication and diary reminders.”

Training modules are provided to our clinical sites to equip our teams with the cultural competency and sensitivity skills needed to work with diverse populations. We recognize that language barriers and other communication challenges can significantly impact participation, so we aim to provide resources including translated materials, multilingual staff and interpreters to ensure that all potential participants fully understand the study and feel comfortable engaging.

“As we strive for equitable benefit sharing with the communities we serve, we can actively address the disparities in access to healthcare,” says Melissa.

Bringing greater diversity into clinical trials is an important way to assess how different groups respond to different medicines, which is key to treating conditions. But it’s not just about that. Clinical trial diversity is simply the right thing to do.

Read the 2024 Wesco Sustainability Report here

ESG Oversight

The Board is committed to supporting the company’s efforts to conduct its business in a principled, transparent and accountable manner. The Board believes that its effective oversight of ESG matters is central to its risk oversight function. The Nominating and Governance Committee is responsible for oversight of significant ESG matters, and the Audit and Compensation Committees are delegated responsibility for oversight of specific ESG topics.

Audit: Responsible for Business Ethics, Cybersecurity, Regulatory Compliance and Legal compliance. Also responsible for ESG-related impacts on our financial reporting and ESG-related disclosures.

Compensation: Responsible for Human Capital Management, Talent, Human Rights, Labor Standards, Health and Safety and Inclusion & Diversity. Also responsible for programs and policies related to the foregoing topics.

Nominating and Governance: Responsible for Shareholder Rights, Board Structure, Climate Change Impact, Waste, Water and Energy, Supply Chain Transparency and Product Lifecycle Management. Also responsible for oversight of significant ESG matters not delegated to another Committee.

Management Teams work with senior leaders to set strategy and develop goals to embed sustainability and ESG objectives across our organization.

Board of Directors 
Demographic Highlights:

Diverse directors in terms of gender, race or ethnicity: 60% Female directors: 30% Directors with diversity in terms of race: 40% Audit, Compensation and Nominating & Governance Committee Independence:100%

70% of Board of Directors with environmental, climate and sustainability experience. Defined by experience or expertise working within or overseeing the sustainability function of an organization, or having educational training on relevant environmental, social, and governance related topics.

70% of Board of Directors with human capital, talent, inclusion and diversity experience. Defined by experience working within or overseeing the human resources function of an organization, addressing compensation, benefits, talent, culture, and inclusion and diversity topics.

Ethics and Compliance

Wesco is firmly committed to operating with the highest levels of ethics and integrity. This commitment is reflected in our global ethics and compliance program, built on four pillars: (i) continuous risk assessments to address ethical and compliance risks, (ii) written standards that set out expected behaviors for employees, managers and other stakeholders, (iii) training and communications to convey expected behaviors, and (iv) monitoring through the use of internal reporting channels, investigations and audits.

Our ethics and compliance program operates under the leadership of the Chief Ethics and Compliance Officer (CCO). The work of the CCO is directly supported by Regional Compliance Officers worldwide. The Executive Compliance Committee provide high-level oversight of the program, comprised of Wesco’s chief executive officer, chief financial officer, chief human resources officer, general counsel, and vice president of internal audit and chaired by the CCO. The CCO also provides regular program updates to the Audit Committee of Wesco’s Board of Directors during its regular meetings.

The Wesco Code of Business Conduct (the Code) is the foundation of our ethics and compliance program, setting forth standards and guidance for conducting business with the highest degree of honesty and integrity. It defines the basis for decisions and actions across a range of matters, including preventing corrupt business practices, avoiding conflicts of interest, fostering non-harassment and non-discrimination, and protecting personal and corporate data and information. It applies to everyone associated with Wesco – all directors, officers and employees of its subsidiaries– helping us all comply with the laws and ethical principles governing our business. In many cases, the Code requires higher standards of ethical conduct than what is required by law.

We reinforce the principles articulated in the Code to our employees through training and regular communications in local languages. As of 2024, all Wesco employees are annually required to complete Code training and certify that they have read, understand, and agree to comply with the Code. Additional compliance training is also provided to employees based on risks identified in their job roles on topics such as anti-bribery and anti-corruption, conflicts of interest, preventing counterfeit products in our supply chain, and protection of human rights and prevention of modern slavery and human trafficking.

Acting on our principles and speaking up about potential violations of our Code, related company policies and the law is required of all employees. Updated in 2023, Our Business Conduct and Duty to Report Policy describes how employees can report legal or ethical concerns and the measures we take to investigate and address such reports. Our Antiretaliation Policy establishes our promise that those who report issues or concerns will be protected from retaliation.

Wesco provides multiple channels for employees to seek advice and help on ethics and compliance issues. They are encouraged to discuss the issues with a member of management or human resources. Wesco also provides an option for around-the-clock anonymous reporting through the Wesco Business Integrity Line (unless prohibited by local law). Wesco’s Business Integrity Line website and web intake form were also upgraded and reintroduced to our employees through a communications campaign launched in 2023.

As we continue to grow and develop our business, we are committed to continuously evaluating and improving our ethics and compliance program. The ethics and compliance office leads an annual review of the Code and related policies to ensure we effectively address and communicate our standards to internal and external stakeholders. Changes are made to the program periodically based on new or updates to existing, applicable laws, emerging and shifting risks and compliance-related trends.

The following list provides an overview of our key ethics and compliance program elements, and additional information can be found in the linked policies and on Wesco.com. Ethics and compliance issues that may be out of the scope of our normal operations that are not covered by a specific policy or program are addressed on an individual basis. When appropriate, we create a new policy, training program, or other proactive measure to address the issue.

Code of Business Conduct: Defines the basis for decisions and actions across a range of matters, including preventing corrupt business practices, avoiding conflicts of interest, fostering non-harassment and non-discrimination, and protecting personal and corporate data and information. It applies to everyone associated with Wesco – all directors, officers and employees of its subsidiaries – helping us all comply with the laws and ethical principles governing our business. In many cases, the Code requires higher standards of ethical conduct than what is required by law.

Global Anti-Bribery and Corruption Policy: Global ethics and compliance policy that articulates Wesco’s zero-tolerance approach to corrupt business practices. It establishes a framework to prevent and combat bribery and corruption by promoting integrity, transparency, and ethical business practices within Wesco.

Human Rights Policy: Articulates Wesco’s commitment to adhering to business practices aligned with the principles outlined by the United Nations Global Compact, Universal Declaration of Human Rights, UN Declaration on the Rights of Indigenous Peoples (UNDRIP), OECD Guidelines for Multinational Enterprises.

Internal Audit Program: Wesco’s internal audit department performs periodic assessments of location branches, distribution centers, and enterprise-level processes and controls to ensure compliance with our policies. In 2023, 84 operational audits were conducted with satisfactory results. Management implemented Internal Audit’s recommendations where appropriate.

The internal audit group is also directly involved with the Chief Compliance Officer (CCO) reviewing reported or suspected unethical behavior. It also assists the CCO in conducting special investigations to help enforce the Code of Business Conduct.

Business Conduct and Duty to Report Policy: Our ethics and compliance policy that articulates that all Wesco directors, officers and employees are expected to follow high standards of business and personal ethics while carrying out their job responsibilities. It requires all employees to disclose violations of the Code, related policies, or the misappropriation of Wesco funds or assets. It also provides clear instructions on how to use the numerous channels for reporting issues or concerns.

Anti-Retaliation (Whistleblower) Policy: Policy designed to create a safe and transparent work environment where employees feel comfortable reporting concerns or participating in internal investigations without fear of reprisal.

Anti-Fraud Program: Fraud in any form is not tolerated at Wesco. We fully investigate any suspected acts of fraud, misappropriation, or other similar irregularity regardless of a person’s position, title, length of service, or relationship with the company. Anti-fraud guidelines are included in both our Code of Business Conduct and Supplier Code of Conduct. Wesco maintains a robust internal control environment to prevent and detect fraud. Local management serves as the first line of defense in the company against fraud. Senior management, including the corporate controllership, quality assurance, the Vice President, Corporate Ethics and Compliance, and others formulate a second line of defense to prevent and detect fraud. Finally, internal audit, reporting independently to the Audit Committee of the Board of Directors, conducts audits and other reviews of controls and business processes with an obligation to use its expertise to identify trends and patterns that might suggest fraud.

Diverse Business Contracting Compliance: Wesco supports the growth and development of qualified minority, women and disadvantaged business enterprises (MWDBEs). Our Diverse Business Contracting Compliance Policy helps ensure that we are complying with applicable laws and regulations concerning MWDBE participation on government-funded projects. We are committed to the legitimate participation of properly certified MWDBEs that can and will perform a commercially useful function on the public projects in which they participate.

Supplier Code of Conduct: The Supplier Code of Conduct clarifies Wesco’s expectations of ethical and responsible corporate business practices for its suppliers. It requires suppliers to conduct their business in compliance with all applicable laws, including those related to employment, protection of human rights, data privacy, health and safety, environmental protection, anticorruption, antitrust and trade sanctions. It also requires suppliers to adopt management systems, policies, procedures, and training to uphold the ethical and legal standards and expectations outlined in it within their business operations.

Business Partner Anticorruption Policy: Wesco policy that applies to all suppliers of products or services to Wesco. It extends Wesco’s zero-tolerance for corrupt business practices to its supply chain by strictly prohibiting anyone acting on behalf of Wesco, whether directly or indirectly, from making or receiving improper payments, or engaging in any form of corrupt business practices.

To learn more, download the 2024 Wesco Sustainability Report here.

About This Report

Unless otherwise stated, this report covers activities, data and initiatives from our fiscal year 2023.

ESG Disclosure and Framework Alignment

The topics covered in this report include those that we have determined to be material for our business and stakeholders as noted on page 12. Wesco aligns with several ESG frameworks and disclosures in support of our commitment to transparency and our fulfillment of stakeholder needs and expectations. We leverage the following frameworks and standards to provide robust ESG information disclosure:

Global Reporting Initiative (GRI): GRI offers a list of global standards and guidelines around sustainability reporting.Sustainability Accounting Standards Board (SASB): SASB provides a comprehensive set of industry-specific disclosure topics and guidelines.Task Force on Climate-Related Financial Disclosures (TCFD): TCFD provides disclosure recommendations on thematic ESG topics such as governance, strategy, risk management, metrics and targets to provide stakeholders with fuller information surrounding climate risks.CDP: Formerly the Carbon Disclosure Project, CDP is an international organization that helps companies and cities measure and disclose important environmental impact information through an annual questionnaire and rating system.United Nations Global Compact (UNGC): UNGC is an initiative that aims to help businesses align their strategies and work toward the U.N.’s Sustainable Development Goals.United Nations Sustainable Development Goals (U.N. SDGs): U.N. SDGs provide a shared set of 17 toward peace and prosperity for people and planet goals and create a call to action by all countries in a global partnership.

We also regularly engage with our investors, employees, customers, regulators, ratings agencies and others on ESG and business issues. Additional information about Wesco can be found in our public financial filings—including our annual report and proxy filings—as well as on the Security and Exchange Commission’s website at www.sec.gov or on the Investors page of our website at Wesco.com.

Wesco plans to continue to report annually as we monitor, measure, and deepen our ESG initiatives and disclosures.

Wesco endorses the United Nations Sustainable Development Goals (SDGs), which are a call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity.

More information about our SDG aligned initiatives is included throughout this report.

Assurance 
We did not seek third-party assurance for this report; however, we will consider doing so for future reporting. The information and data contained in this report was vetted by internal subject matter experts on the various ESG topics included in this report.

Contact Us 
We appreciate and welcome feedback on our ESG initiatives and reporting and invite you to contact us directly via email at Sustainability@Wesco.com.

Read the 2024 Wesco Sustainability Report here

ESG Oversight

The Board is committed to supporting the company’s efforts to conduct its business in a principled, transparent and accountable manner. The Board believes that its effective oversight of ESG matters is central to its risk oversight function. The Nominating and Governance Committee is responsible for oversight of significant ESG matters, and the Audit and Compensation Committees are delegated responsibility for oversight of specific ESG topics.

Audit: Responsible for Business Ethics, Cybersecurity, Regulatory Compliance and Legal compliance. Also responsible for ESG-related impacts on our financial reporting and ESG-related disclosures.

Compensation: Responsible for Human Capital Management, Talent, Human Rights, Labor Standards, Health and Safety and Inclusion & Diversity. Also responsible for programs and policies related to the foregoing topics.

Nominating and Governance: Responsible for Shareholder Rights, Board Structure, Climate Change Impact, Waste, Water and Energy, Supply Chain Transparency and Product Lifecycle Management. Also responsible for oversight of significant ESG matters not delegated to another Committee.

Management Teams work with senior leaders to set strategy and develop goals to embed sustainability and ESG objectives across our organization.

Board of Directors 
Demographic Highlights:

Diverse directors in terms of gender, race or ethnicity: 60% Female directors: 30% Directors with diversity in terms of race: 40% Audit, Compensation and Nominating & Governance Committee Independence:100%

70% of Board of Directors with environmental, climate and sustainability experience. Defined by experience or expertise working within or overseeing the sustainability function of an organization, or having educational training on relevant environmental, social, and governance related topics.

70% of Board of Directors with human capital, talent, inclusion and diversity experience. Defined by experience working within or overseeing the human resources function of an organization, addressing compensation, benefits, talent, culture, and inclusion and diversity topics.

Ethics and Compliance

Wesco is firmly committed to operating with the highest levels of ethics and integrity. This commitment is reflected in our global ethics and compliance program, built on four pillars: (i) continuous risk assessments to address ethical and compliance risks, (ii) written standards that set out expected behaviors for employees, managers and other stakeholders, (iii) training and communications to convey expected behaviors, and (iv) monitoring through the use of internal reporting channels, investigations and audits.

Our ethics and compliance program operates under the leadership of the Chief Ethics and Compliance Officer (CCO). The work of the CCO is directly supported by Regional Compliance Officers worldwide. The Executive Compliance Committee provide high-level oversight of the program, comprised of Wesco’s chief executive officer, chief financial officer, chief human resources officer, general counsel, and vice president of internal audit and chaired by the CCO. The CCO also provides regular program updates to the Audit Committee of Wesco’s Board of Directors during its regular meetings.

The Wesco Code of Business Conduct (the Code) is the foundation of our ethics and compliance program, setting forth standards and guidance for conducting business with the highest degree of honesty and integrity. It defines the basis for decisions and actions across a range of matters, including preventing corrupt business practices, avoiding conflicts of interest, fostering non-harassment and non-discrimination, and protecting personal and corporate data and information. It applies to everyone associated with Wesco – all directors, officers and employees of its subsidiaries– helping us all comply with the laws and ethical principles governing our business. In many cases, the Code requires higher standards of ethical conduct than what is required by law.

We reinforce the principles articulated in the Code to our employees through training and regular communications in local languages. As of 2024, all Wesco employees are annually required to complete Code training and certify that they have read, understand, and agree to comply with the Code. Additional compliance training is also provided to employees based on risks identified in their job roles on topics such as anti-bribery and anti-corruption, conflicts of interest, preventing counterfeit products in our supply chain, and protection of human rights and prevention of modern slavery and human trafficking.

Acting on our principles and speaking up about potential violations of our Code, related company policies and the law is required of all employees. Updated in 2023, Our Business Conduct and Duty to Report Policy describes how employees can report legal or ethical concerns and the measures we take to investigate and address such reports. Our Antiretaliation Policy establishes our promise that those who report issues or concerns will be protected from retaliation.

Wesco provides multiple channels for employees to seek advice and help on ethics and compliance issues. They are encouraged to discuss the issues with a member of management or human resources. Wesco also provides an option for around-the-clock anonymous reporting through the Wesco Business Integrity Line (unless prohibited by local law). Wesco’s Business Integrity Line website and web intake form were also upgraded and reintroduced to our employees through a communications campaign launched in 2023.

As we continue to grow and develop our business, we are committed to continuously evaluating and improving our ethics and compliance program. The ethics and compliance office leads an annual review of the Code and related policies to ensure we effectively address and communicate our standards to internal and external stakeholders. Changes are made to the program periodically based on new or updates to existing, applicable laws, emerging and shifting risks and compliance-related trends.

The following list provides an overview of our key ethics and compliance program elements, and additional information can be found in the linked policies and on Wesco.com. Ethics and compliance issues that may be out of the scope of our normal operations that are not covered by a specific policy or program are addressed on an individual basis. When appropriate, we create a new policy, training program, or other proactive measure to address the issue.

Code of Business Conduct: Defines the basis for decisions and actions across a range of matters, including preventing corrupt business practices, avoiding conflicts of interest, fostering non-harassment and non-discrimination, and protecting personal and corporate data and information. It applies to everyone associated with Wesco – all directors, officers and employees of its subsidiaries – helping us all comply with the laws and ethical principles governing our business. In many cases, the Code requires higher standards of ethical conduct than what is required by law.

Global Anti-Bribery and Corruption Policy: Global ethics and compliance policy that articulates Wesco’s zero-tolerance approach to corrupt business practices. It establishes a framework to prevent and combat bribery and corruption by promoting integrity, transparency, and ethical business practices within Wesco.

Human Rights Policy: Articulates Wesco’s commitment to adhering to business practices aligned with the principles outlined by the United Nations Global Compact, Universal Declaration of Human Rights, UN Declaration on the Rights of Indigenous Peoples (UNDRIP), OECD Guidelines for Multinational Enterprises.

Internal Audit Program: Wesco’s internal audit department performs periodic assessments of location branches, distribution centers, and enterprise-level processes and controls to ensure compliance with our policies. In 2023, 84 operational audits were conducted with satisfactory results. Management implemented Internal Audit’s recommendations where appropriate.

The internal audit group is also directly involved with the Chief Compliance Officer (CCO) reviewing reported or suspected unethical behavior. It also assists the CCO in conducting special investigations to help enforce the Code of Business Conduct.

Business Conduct and Duty to Report Policy: Our ethics and compliance policy that articulates that all Wesco directors, officers and employees are expected to follow high standards of business and personal ethics while carrying out their job responsibilities. It requires all employees to disclose violations of the Code, related policies, or the misappropriation of Wesco funds or assets. It also provides clear instructions on how to use the numerous channels for reporting issues or concerns.

Anti-Retaliation (Whistleblower) Policy: Policy designed to create a safe and transparent work environment where employees feel comfortable reporting concerns or participating in internal investigations without fear of reprisal.

Anti-Fraud Program: Fraud in any form is not tolerated at Wesco. We fully investigate any suspected acts of fraud, misappropriation, or other similar irregularity regardless of a person’s position, title, length of service, or relationship with the company. Anti-fraud guidelines are included in both our Code of Business Conduct and Supplier Code of Conduct. Wesco maintains a robust internal control environment to prevent and detect fraud. Local management serves as the first line of defense in the company against fraud. Senior management, including the corporate controllership, quality assurance, the Vice President, Corporate Ethics and Compliance, and others formulate a second line of defense to prevent and detect fraud. Finally, internal audit, reporting independently to the Audit Committee of the Board of Directors, conducts audits and other reviews of controls and business processes with an obligation to use its expertise to identify trends and patterns that might suggest fraud.

Diverse Business Contracting Compliance: Wesco supports the growth and development of qualified minority, women and disadvantaged business enterprises (MWDBEs). Our Diverse Business Contracting Compliance Policy helps ensure that we are complying with applicable laws and regulations concerning MWDBE participation on government-funded projects. We are committed to the legitimate participation of properly certified MWDBEs that can and will perform a commercially useful function on the public projects in which they participate.

Supplier Code of Conduct: The Supplier Code of Conduct clarifies Wesco’s expectations of ethical and responsible corporate business practices for its suppliers. It requires suppliers to conduct their business in compliance with all applicable laws, including those related to employment, protection of human rights, data privacy, health and safety, environmental protection, anticorruption, antitrust and trade sanctions. It also requires suppliers to adopt management systems, policies, procedures, and training to uphold the ethical and legal standards and expectations outlined in it within their business operations.

Business Partner Anticorruption Policy: Wesco policy that applies to all suppliers of products or services to Wesco. It extends Wesco’s zero-tolerance for corrupt business practices to its supply chain by strictly prohibiting anyone acting on behalf of Wesco, whether directly or indirectly, from making or receiving improper payments, or engaging in any form of corrupt business practices.

To learn more, download the 2024 Wesco Sustainability Report here.

About This Report

Unless otherwise stated, this report covers activities, data and initiatives from our fiscal year 2023.

ESG Disclosure and Framework Alignment

The topics covered in this report include those that we have determined to be material for our business and stakeholders as noted on page 12. Wesco aligns with several ESG frameworks and disclosures in support of our commitment to transparency and our fulfillment of stakeholder needs and expectations. We leverage the following frameworks and standards to provide robust ESG information disclosure:

Global Reporting Initiative (GRI): GRI offers a list of global standards and guidelines around sustainability reporting.Sustainability Accounting Standards Board (SASB): SASB provides a comprehensive set of industry-specific disclosure topics and guidelines.Task Force on Climate-Related Financial Disclosures (TCFD): TCFD provides disclosure recommendations on thematic ESG topics such as governance, strategy, risk management, metrics and targets to provide stakeholders with fuller information surrounding climate risks.CDP: Formerly the Carbon Disclosure Project, CDP is an international organization that helps companies and cities measure and disclose important environmental impact information through an annual questionnaire and rating system.United Nations Global Compact (UNGC): UNGC is an initiative that aims to help businesses align their strategies and work toward the U.N.’s Sustainable Development Goals.United Nations Sustainable Development Goals (U.N. SDGs): U.N. SDGs provide a shared set of 17 toward peace and prosperity for people and planet goals and create a call to action by all countries in a global partnership.

We also regularly engage with our investors, employees, customers, regulators, ratings agencies and others on ESG and business issues. Additional information about Wesco can be found in our public financial filings—including our annual report and proxy filings—as well as on the Security and Exchange Commission’s website at www.sec.gov or on the Investors page of our website at Wesco.com.

Wesco plans to continue to report annually as we monitor, measure, and deepen our ESG initiatives and disclosures.

Wesco endorses the United Nations Sustainable Development Goals (SDGs), which are a call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity.

More information about our SDG aligned initiatives is included throughout this report.

Assurance 
We did not seek third-party assurance for this report; however, we will consider doing so for future reporting. The information and data contained in this report was vetted by internal subject matter experts on the various ESG topics included in this report.

Contact Us 
We appreciate and welcome feedback on our ESG initiatives and reporting and invite you to contact us directly via email at Sustainability@Wesco.com.

Originally published on U.S. Bank company blog

A safe, affordable home helps children, families and communities thrive. That’s why the U.S. Bank Community Possible program supports nonprofit organizations focused on creating stable, healthy home environments as part of its unified giving and employee engagement platform.

The U.S. Bank Foundation recently distributed more than $9 million in Community Possible grants to 400+ nonprofits. The grants go to organizations working to provide opportunities for people to work, live and play, and in addition to financial support, many of those nonprofits welcome U.S. Bank employees to volunteer in the communities they call home.

In Davenport, Iowa, U.S. Bank Business Card Consultant Kelly McCarthy lends her expertise to Humility Homes & Services, Inc. (HHSI) as a board member, first serving on the finance committee before moving to the capital campaign committee. The organization works with people in the Quad Cities area experiencing housing insecurity, with programs that help individuals and families with rapid rehousing, eviction prevention and access to affordable rental housing.

“It was eye-opening for me to learn about what Humility Homes & Services, Inc. does and the people it supports. I felt impelled and connected to its mission,” said McCarthy, who also joins local U.S. Bank employees to volunteer at the organization’s Corner Closet Donation Center, which provides clothing and household items to HHSI program participants.

HHSI also maintains more than 130 rental housing units for its clients, which include seniors, veterans and people with disabilities. A Community Possible grant helps the organization perform home energy audits and maintain repairs and upkeep to its properties, including installing ramps for tenants who use wheelchairs.

One tenant recently expressed his appreciation, noting “Since I have been in my chair for the last three months, I am mainly confined to the house. Without help getting off the porch, it is very difficult for me to do anything. With getting this ramp, it gives me freedom to do for myself. It’s like giving me my life back.”

“The impact U.S. Bank and the U.S. Bank Foundation have had on those who live in our affordable housing units isn’t defined just by the financial support received but rather is defined by the feelings tenants have knowing they have a safe, well-cared-for place to call home,” HHSI President and CEO Ashley Velez said. “Humility Homes & Services, Inc. cannot create a sense of community, safety and home for those who live in our units without the support of our community and business partners. We are also honored to have Kelly be a part of our board of directors and appreciate her vision and leadership.”

The Housing Fund (THF) in Nashville, Tennessee, also focuses on increasing access to affordable housing. As a community development financial institution (CDFI), THF provides capital, loans and tailored services to support low- to moderate-income communities.

“The Housing Fund aligns closely with the programs we champion, emphasizing economic development, wealth-building, and the provision of safe, affordable housing,” said Jeff Mills, U.S. Bank community affairs manager and a member of THF’s advisory board.

Nashville’s rapid population growth, rising property values and increasing taxes have made it more challenging for families with limited incomes to remain in their homes. THF addresses these challenges by offering funding for home rehabilitation projects that enhance health and safety, energy efficiency and accessibility.

In addition to financial assistance, homeowners participate in sessions on financial and estate planning so they can protect their estates for long-term stability and wealth creation. With support from a Community Possible grant, THF helps clients manage legal costs for essential activities such as creating wills or trusts, purchasing life insurance and building emergency funds.

“Our mission is to ensure that everyone, regardless of income, has the opportunity to live in a safe, sustainable, and affordable home. By pairing financial assistance with estate and financial planning resources, we’re helping homeowners protect their legacy and contribute to the strength of our neighborhoods,” said Marshall Crawford, president and CEO of THF.

The U.S. Bank Foundation provided more than $47 million in grants in 2024, which includes giving through the Community Possible program and the U.S. Bank Foundation Opportunity Fund.

U.S. Bank Foundation is a tax-exempt private foundation described in section 501(c)(3) of the Internal Revenue Code. The Foundation is funded primarily through contributions from U.S. Bank National Association and its affiliates and subsidiaries. The Foundation’s mission is to close the gaps between people and possibility in the areas of work, home, and play.

The Opportunity Fund represents a financial commitment of the U.S. Bank Foundation; it is not a traditional equity fund, nor does it represent a form of ownership.

Originally published on U.S. Bank company blog

A safe, affordable home helps children, families and communities thrive. That’s why the U.S. Bank Community Possible program supports nonprofit organizations focused on creating stable, healthy home environments as part of its unified giving and employee engagement platform.

The U.S. Bank Foundation recently distributed more than $9 million in Community Possible grants to 400+ nonprofits. The grants go to organizations working to provide opportunities for people to work, live and play, and in addition to financial support, many of those nonprofits welcome U.S. Bank employees to volunteer in the communities they call home.

In Davenport, Iowa, U.S. Bank Business Card Consultant Kelly McCarthy lends her expertise to Humility Homes & Services, Inc. (HHSI) as a board member, first serving on the finance committee before moving to the capital campaign committee. The organization works with people in the Quad Cities area experiencing housing insecurity, with programs that help individuals and families with rapid rehousing, eviction prevention and access to affordable rental housing.

“It was eye-opening for me to learn about what Humility Homes & Services, Inc. does and the people it supports. I felt impelled and connected to its mission,” said McCarthy, who also joins local U.S. Bank employees to volunteer at the organization’s Corner Closet Donation Center, which provides clothing and household items to HHSI program participants.

HHSI also maintains more than 130 rental housing units for its clients, which include seniors, veterans and people with disabilities. A Community Possible grant helps the organization perform home energy audits and maintain repairs and upkeep to its properties, including installing ramps for tenants who use wheelchairs.

One tenant recently expressed his appreciation, noting “Since I have been in my chair for the last three months, I am mainly confined to the house. Without help getting off the porch, it is very difficult for me to do anything. With getting this ramp, it gives me freedom to do for myself. It’s like giving me my life back.”

“The impact U.S. Bank and the U.S. Bank Foundation have had on those who live in our affordable housing units isn’t defined just by the financial support received but rather is defined by the feelings tenants have knowing they have a safe, well-cared-for place to call home,” HHSI President and CEO Ashley Velez said. “Humility Homes & Services, Inc. cannot create a sense of community, safety and home for those who live in our units without the support of our community and business partners. We are also honored to have Kelly be a part of our board of directors and appreciate her vision and leadership.”

The Housing Fund (THF) in Nashville, Tennessee, also focuses on increasing access to affordable housing. As a community development financial institution (CDFI), THF provides capital, loans and tailored services to support low- to moderate-income communities.

“The Housing Fund aligns closely with the programs we champion, emphasizing economic development, wealth-building, and the provision of safe, affordable housing,” said Jeff Mills, U.S. Bank community affairs manager and a member of THF’s advisory board.

Nashville’s rapid population growth, rising property values and increasing taxes have made it more challenging for families with limited incomes to remain in their homes. THF addresses these challenges by offering funding for home rehabilitation projects that enhance health and safety, energy efficiency and accessibility.

In addition to financial assistance, homeowners participate in sessions on financial and estate planning so they can protect their estates for long-term stability and wealth creation. With support from a Community Possible grant, THF helps clients manage legal costs for essential activities such as creating wills or trusts, purchasing life insurance and building emergency funds.

“Our mission is to ensure that everyone, regardless of income, has the opportunity to live in a safe, sustainable, and affordable home. By pairing financial assistance with estate and financial planning resources, we’re helping homeowners protect their legacy and contribute to the strength of our neighborhoods,” said Marshall Crawford, president and CEO of THF.

The U.S. Bank Foundation provided more than $47 million in grants in 2024, which includes giving through the Community Possible program and the U.S. Bank Foundation Opportunity Fund.

U.S. Bank Foundation is a tax-exempt private foundation described in section 501(c)(3) of the Internal Revenue Code. The Foundation is funded primarily through contributions from U.S. Bank National Association and its affiliates and subsidiaries. The Foundation’s mission is to close the gaps between people and possibility in the areas of work, home, and play.

The Opportunity Fund represents a financial commitment of the U.S. Bank Foundation; it is not a traditional equity fund, nor does it represent a form of ownership.

AbleEdge home energy management system transforms electric vehicle batteries into energy assets to keep power on and reduce energy spend Eaton delivers industry-leading interoperability and cybersecurity, advancing vehicle-to-home and vehicle-to-grid technologies to be used with any DER Collaboration with Treehouse enables high-quality, cost-effective electrification programs at scale for automotive OEMs, utilities and hardware manufacturers

CLEVELAND – Intelligent power management company Eaton is demonstrating broad capabilities to keep the power on at home while helping minimize infrastructure upgrades to utility and home energy systems. The company’s AbleEdgeTM home energy management system provides the foundational technology required to leverage any onsite distributed energy resource (DER) to power homes. Eaton is working with leading automotive original equipment manufacturers (OEMs), energy storage and solar providers to create interoperable and cost-effective approaches ready to support vehicle-to-home (V2H) and vehicle-to-grid (V2G) today and into the future. 

The average U.S. home experiences about five and a half hours without electricity per year. V2H technology can bridge that gap, keeping the power on via use of an electric vehicle (EV) battery for 10 to 20 hours for most homes, depending on the season, battery capacity and home size. Eaton is uniquely positioned to accelerate V2H and V2G-ready solutions with its longtime experience and industry-leading solutions to safely manage power in homes, vehicles and on the grid. Already, Eaton has demonstrated its ability to support V2G programs with utilities and automotive OEMs.

“EV batteries present an enormous opportunity to enable home energy systems that work smarter, harder and more effectively — keeping the power on and reducing home energy costs,” said Paul Ryan, general manager of Connected Solutions and EV Charging at Eaton. “We’re delivering the breakout technology and industry collaborations needed so that homeowners can power their homes in new ways, while minimizing infrastructure investment and managing future updates through interoperability with onsite energy sources.” 

Eaton is applying its Home as a Grid approach, which simplifies the energy transition and is designed for interoperability and cybersecurity to safely and effectively enable V2H. In North America, the AbleEdge home energy management system can pair EV batteries as well as solar and energy storage with residential electrical systems to provide power during grid outages and peak demand times. Eaton’s technologies streamline the process of incorporating DERs for homeowners by avoiding costly electric panel and service upgrades that can take weeks to complete – delivering significant cost and time savings. The company is expediting installations through its collaboration with Treehouse, which is providing consumers with fast, accurate pricing and end-to-end installation capabilities with licensed electricians.

Eaton is also facilitating power distribution and protection within electric vehicles by utilizing industry-leading technologies that safeguard and manage power, particularly during the charging process. Eaton recently announced its partnership with Munich Electrification to develop and market its battery configuration switch (BCS), which enables more flexibility in EV charging options, reduces equipment count and enhances performance. 

The company is showcasing how its solutions support more resilient, sustainable and affordable power for homes, vehicles, buildings, factories, data centers and on the grid at CES 2025 in Las Vegas. Eaton experts will be speaking at conference panel sessions: 

Sankaran Subramaniam, Ph.D, will explore AI at the Edge: Transforming Industries and the Workplace on January 7 at 2 p.m. in the Las Vegas Convention Center (LVCC), North Level 2, N261Mark Kelly will address The Energy Infrastructure of the Future on January 9 at 9 a.m. in the LVCC, North Level 2, N261John Krzeszewski will participate in the Automotive Cybersecurity Revs Up session on January 9 at 9 a.m. in the LVCC, West Level 2, W219 

Eaton solutions can be experienced during CES 2025 at booth 10341 in the North Hall. Learn more about Eaton at CES 2025. 

Eaton is also demonstrating its V2H capabilities at its Pittsburgh Experience Center, where visitors can interact with Eaton’s end-to-end electrical solutions across applications. Eaton Experience Centers provide real-world application environments for experiential learning where electrical contractors, automotive OEMs, utilities, builders and other industry professionals can see innovative technologies at work. Each year, thousands of industry partners, customers, students and media visit Eaton campuses to learn about the solutions powering energy systems everywhere. Learn more and visit Eaton Experience Centers. 

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. 

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit Eaton.com. Follow us on LinkedIn.

Contact:
Kristin Somers
+1.919.345.3714
Kristincsomers@eaton.com

Regina Parundik 
Cobblestone Communications
+1.412.559.1614
Regina@cobblecreative.com 

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AbleEdge home energy management system transforms electric vehicle batteries into energy assets to keep power on and reduce energy spend Eaton delivers industry-leading interoperability and cybersecurity, advancing vehicle-to-home and vehicle-to-grid technologies to be used with any DER Collaboration with Treehouse enables high-quality, cost-effective electrification programs at scale for automotive OEMs, utilities and hardware manufacturers

CLEVELAND – Intelligent power management company Eaton is demonstrating broad capabilities to keep the power on at home while helping minimize infrastructure upgrades to utility and home energy systems. The company’s AbleEdgeTM home energy management system provides the foundational technology required to leverage any onsite distributed energy resource (DER) to power homes. Eaton is working with leading automotive original equipment manufacturers (OEMs), energy storage and solar providers to create interoperable and cost-effective approaches ready to support vehicle-to-home (V2H) and vehicle-to-grid (V2G) today and into the future. 

The average U.S. home experiences about five and a half hours without electricity per year. V2H technology can bridge that gap, keeping the power on via use of an electric vehicle (EV) battery for 10 to 20 hours for most homes, depending on the season, battery capacity and home size. Eaton is uniquely positioned to accelerate V2H and V2G-ready solutions with its longtime experience and industry-leading solutions to safely manage power in homes, vehicles and on the grid. Already, Eaton has demonstrated its ability to support V2G programs with utilities and automotive OEMs.

“EV batteries present an enormous opportunity to enable home energy systems that work smarter, harder and more effectively — keeping the power on and reducing home energy costs,” said Paul Ryan, general manager of Connected Solutions and EV Charging at Eaton. “We’re delivering the breakout technology and industry collaborations needed so that homeowners can power their homes in new ways, while minimizing infrastructure investment and managing future updates through interoperability with onsite energy sources.” 

Eaton is applying its Home as a Grid approach, which simplifies the energy transition and is designed for interoperability and cybersecurity to safely and effectively enable V2H. In North America, the AbleEdge home energy management system can pair EV batteries as well as solar and energy storage with residential electrical systems to provide power during grid outages and peak demand times. Eaton’s technologies streamline the process of incorporating DERs for homeowners by avoiding costly electric panel and service upgrades that can take weeks to complete – delivering significant cost and time savings. The company is expediting installations through its collaboration with Treehouse, which is providing consumers with fast, accurate pricing and end-to-end installation capabilities with licensed electricians.

Eaton is also facilitating power distribution and protection within electric vehicles by utilizing industry-leading technologies that safeguard and manage power, particularly during the charging process. Eaton recently announced its partnership with Munich Electrification to develop and market its battery configuration switch (BCS), which enables more flexibility in EV charging options, reduces equipment count and enhances performance. 

The company is showcasing how its solutions support more resilient, sustainable and affordable power for homes, vehicles, buildings, factories, data centers and on the grid at CES 2025 in Las Vegas. Eaton experts will be speaking at conference panel sessions: 

Sankaran Subramaniam, Ph.D, will explore AI at the Edge: Transforming Industries and the Workplace on January 7 at 2 p.m. in the Las Vegas Convention Center (LVCC), North Level 2, N261Mark Kelly will address The Energy Infrastructure of the Future on January 9 at 9 a.m. in the LVCC, North Level 2, N261John Krzeszewski will participate in the Automotive Cybersecurity Revs Up session on January 9 at 9 a.m. in the LVCC, West Level 2, W219 

Eaton solutions can be experienced during CES 2025 at booth 10341 in the North Hall. Learn more about Eaton at CES 2025. 

Eaton is also demonstrating its V2H capabilities at its Pittsburgh Experience Center, where visitors can interact with Eaton’s end-to-end electrical solutions across applications. Eaton Experience Centers provide real-world application environments for experiential learning where electrical contractors, automotive OEMs, utilities, builders and other industry professionals can see innovative technologies at work. Each year, thousands of industry partners, customers, students and media visit Eaton campuses to learn about the solutions powering energy systems everywhere. Learn more and visit Eaton Experience Centers. 

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. 

Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit Eaton.com. Follow us on LinkedIn.

Contact:
Kristin Somers
+1.919.345.3714
Kristincsomers@eaton.com

Regina Parundik 
Cobblestone Communications
+1.412.559.1614
Regina@cobblecreative.com 

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