Tag: 3BL

SEATTLE, November 13, 2024 /3BL/ – Climate Vault Solutions today announced the launch of the Request for Proposals (RFP) for innovative carbon dioxide removal (CDR) projects. The RFP program is designed to drive the next wave of CDR technologies that will catalyze global carbon removal solutions. In a significant shift from prior rounds run by the Climate Vault, Inc. 501(c)(3), this RFP will accept rolling submissions on a new streamlined platform and feature program enhancements that will cut the evaluation process in half. This enables Climate Vault Solutions to accelerate the overall pace of innovation occurring within the CDR space by providing applicants with more flexibility and faster results that can help grow and scale their technologies.

How to Apply 
Climate Vault Solutions seeks projects that demonstrate innovation and scalability, with a focus on measurable and verifiable carbon removal outcomes. CDR developers interested in applying can submit project proposals at any time. At this time, the RFP program is open to solutions worldwide that fall under the terrestrial, technological, and oceanic pathways. Most projects will receive feedback and a final decision within six months of submission, offering more predictability and speed for innovators seeking to scale their solutions. Successful applicants will receive the CDR Innovation Award, which contains many benefits including: opportunities for grant funding, co-marketing activities, and inclusion in Climate Vault Solutions’ exclusive portfolio and direct sales channel for carbon removal credits.

The RFP leverages the standards created by the Climate Vault Technology Experts Chamber (“Tech Chamber”), which is led by former U.S. Secretary of Energy, Ernest Moniz, under the Climate Vault, Inc. 501(c)(3) nonprofit. It establishes standards, which are the most stringent in the industry, for evaluating high-quality carbon removal technologies through the RFP program.

“Carbon dioxide removal is no longer an option; it’s an absolute necessity in our fight against climate change,” said Secretary Moniz. “We need CDR technologies that are held to the highest standards, because only those with proven scalability and credibility can make the impact required to reach net zero emissions.”

Each project application is subjected to a multi-step review against these standards to ensure it meets measurable, verifiable, and scalable benchmarks before being selected as a winning project. This process ensures that only the most credible, high-quality technologies are selected to receive the CDR Innovation Award.

“Over the last few decades, the voluntary carbon market has failed to deliver the promised reductions in greenhouse gasses due to weak standards and conflicts of interest,” said Michael Greenstone, Chairman of the Board for Climate Vault Solutions and the Milton Friedman Distinguished Service Professor of Economics at the University of Chicago. “With all serious plans to limit climate damages relying on the emergence of reliable CDR technologies, we cannot repeat the mistakes of the past in judging which ones deliver.”

“Put simply, the planet needs credible CDR technologies,” Greenstone continued. “Climate Vault’s Tech Chamber, composed of the world’s leading scientists on these technologies, is setting the global standard for what qualifies as high-quality CDR. Climate progress depends on them getting it right and we are honored to work with them.”

The RFP for Innovative CDR Projects is at the forefront of advancing high-impact carbon removal technologies. The previous RFP round, run by the Climate Vault 501(c)(3), saw a more than 500 percent increase in applications and, critically, the inaugural selection of two CDR companies—Carbon Lockdown and Octavia Carbon—as recipients of the CDR Innovation Award. Together, their approved projects are capable of verifiably removing up to 15,000 metric tons of CO2 from the atmosphere. This was the first time the Tech Chamber’s rigorous standards for CDR solutions had been fully met, and this new enhanced round from Climate Vault Solutions aims to build on that momentum.

“Climate Vault’s commitment to supporting innovative CDR solutions like ours is exactly what we need to accelerate carbon removal in time to address the climate issue,” said Martin Freimüller, Co-Founder & CEO of Octavia Carbon. “Their support will provide the perfect springboard for us to accelerate the development and deployment of our low-cost DAC technology in Kenya.”

To learn more about the RFP process and eligibility criteria, visit Climate Vault Solutions’ RFP page.

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About Climate Vault Solutions 
Climate Vault Solutions is a leading provider of sustainable technology solutions, helping organizations measure, manage, and reduce their carbon footprint in the most credible way possible. Its integrated reduction and removal program leverages government-regulated compliance carbon markets to knock out carbon in days, not decades. This approach generates the environmental impact that today’s employees, stakeholders and customers care about and expect from organizations. With a focus on transparency and verifiability, Climate Vault Solutions enables companies to take meaningful climate action today, while driving tangible progress towards a net-zero future. Learn more at www.climatevault.com.

In this latest blog Cascale CEO, Colin Browne breaks down the five essential shifts that will shape fashion’s future, drawing from the latest insights in McKinsey & BoF’s State of Fashion 2025 report. With economic uncertainty rising and traditional strategies falling short, Browne outlines his plans to lead Cascale as we redefine the landscape and disrupt the status quo.

Read the full blog here.

In this latest blog Cascale CEO, Colin Browne breaks down the five essential shifts that will shape fashion’s future, drawing from the latest insights in McKinsey & BoF’s State of Fashion 2025 report. With economic uncertainty rising and traditional strategies falling short, Browne outlines his plans to lead Cascale as we redefine the landscape and disrupt the status quo.

Read the full blog here.

Originally published on GoDaddy 

TEMPE, Ariz., November 13, 2024 /3BL/ — Consumers are in a giving mood this year, not just toward their friends and families, but also to small businesses. According to a new GoDaddy survey, 71%* of U.S. shoppers are willing to pay more to support small businesses during Black Friday and this year’s holiday season, with an eye-popping 53%* of them willing to spend up to 10 percent more to do so.

Despite 65%* of survey respondents agreeing that inflation will impact their shopping this holiday season, their desire to shop small is clear. More than 3 in 4 (78%)** people are as or more likely to shop at a small business this Black Friday and throughout the holidays compared to previous years, with Gen Z being the most likely to shop small (85%)** and Millennials following closely behind (83%)**.

Of the reasons to favor small businesses, 30% of respondents cited wanting to support their local economy, while 18% claimed doing so led to better customer service, and 13% preferred unique or handmade products**.

The Stakes Are Big for Small Businesses

GoDaddy surveyed U.S. consumers to help small businesses understand their customers’ shopping priorities during the all-important holiday season. According to the survey results, 40%* of U.S. consumers plan to do most of their holiday shopping in the next four weeks, with almost 1 in 5 (19%)* planning to do the bulk of their shopping on Black Friday alone.

“Black Friday has long been considered peak selling season for large retailers, but GoDaddy’s research makes it crystal clear U.S. shoppers are willing and eager to make this the smallest Black Friday ever,” said GoDaddy Small Business Trends Expert, Amy Jennette. “Despite inflation concerns and rising costs, consumers want to support their local businesses and economies.”

Jennette continued: “To take advantage of this opportunity, small businesses should lean into the ‘shopping small’ experience that consumers value and are willing to pay more for. They can do this by focusing on unique holiday promotions and offers to attract traffic and provide superior customer service along with unique products and experiences they can’t find elsewhere.”

Who Consumers Are Shopping for and How Much They’re Spending 

GoDaddy’s survey also shows consumers are embracing the spirit of giving. Nearly one-third (31%) of consumers purchase gifts for six or more people, and 10%* extend their shopping lists to more than 10 people.

For many, the holiday season is a time to show their generosity, with about a fifth of respondents (22%)** typically spending more than $100 per person. Additionally, 32% of shoppers who participated in the survey reported spending between $51 and $100 per person during the holidays. That means over half (54%) of respondents plan to spend more than $50 on gifts per person this holiday season.

Spreading holiday joy isn’t just about giving gifts to others. Two-thirds (67%)** of consumers intend to treat themselves to a holiday indulgence, as well. Gen Z is the most likely to do so, with 83%** planning to buy themselves a special item or experience.

So Many Tools and Resources to Help Small Businesses This Holiday Season

Small businesses looking for guidance on how to maximize their seasonal sales should visit GoDaddy’s Ultimate Guide to Holiday Campaign Planning. Valuable resources include holiday marketing advice by channel, do’s and don’ts for offering seasonal promotions, AI prompts that make it easy to manage and promote a business during the busiest time of year, and much more.

Visit GoDaddy.com to learn more about the solutions GoDaddy offers small businesses, including the AI-powered GoDaddy Airo experience that TechRadar called “a game-changer for small businesses looking to establish their online presence, particularly because of how much time and effort it saves.”

Methodology 
The survey data referenced in this news release was collected via two surveys in which U.S. consumers were asked about their holiday shopping habits: one conducted in October 2024 with 1,247 respondents* and one in September 2024 with 1,520 respondents**.

About GoDaddy 
GoDaddy (NYSE: GDDY) helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online and in-person. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.GoDaddy.com.

Source: GoDaddy Inc.

Originally published on GoDaddy 

TEMPE, Ariz., November 13, 2024 /3BL/ — Consumers are in a giving mood this year, not just toward their friends and families, but also to small businesses. According to a new GoDaddy survey, 71%* of U.S. shoppers are willing to pay more to support small businesses during Black Friday and this year’s holiday season, with an eye-popping 53%* of them willing to spend up to 10 percent more to do so.

Despite 65%* of survey respondents agreeing that inflation will impact their shopping this holiday season, their desire to shop small is clear. More than 3 in 4 (78%)** people are as or more likely to shop at a small business this Black Friday and throughout the holidays compared to previous years, with Gen Z being the most likely to shop small (85%)** and Millennials following closely behind (83%)**.

Of the reasons to favor small businesses, 30% of respondents cited wanting to support their local economy, while 18% claimed doing so led to better customer service, and 13% preferred unique or handmade products**.

The Stakes Are Big for Small Businesses

GoDaddy surveyed U.S. consumers to help small businesses understand their customers’ shopping priorities during the all-important holiday season. According to the survey results, 40%* of U.S. consumers plan to do most of their holiday shopping in the next four weeks, with almost 1 in 5 (19%)* planning to do the bulk of their shopping on Black Friday alone.

“Black Friday has long been considered peak selling season for large retailers, but GoDaddy’s research makes it crystal clear U.S. shoppers are willing and eager to make this the smallest Black Friday ever,” said GoDaddy Small Business Trends Expert, Amy Jennette. “Despite inflation concerns and rising costs, consumers want to support their local businesses and economies.”

Jennette continued: “To take advantage of this opportunity, small businesses should lean into the ‘shopping small’ experience that consumers value and are willing to pay more for. They can do this by focusing on unique holiday promotions and offers to attract traffic and provide superior customer service along with unique products and experiences they can’t find elsewhere.”

Who Consumers Are Shopping for and How Much They’re Spending 

GoDaddy’s survey also shows consumers are embracing the spirit of giving. Nearly one-third (31%) of consumers purchase gifts for six or more people, and 10%* extend their shopping lists to more than 10 people.

For many, the holiday season is a time to show their generosity, with about a fifth of respondents (22%)** typically spending more than $100 per person. Additionally, 32% of shoppers who participated in the survey reported spending between $51 and $100 per person during the holidays. That means over half (54%) of respondents plan to spend more than $50 on gifts per person this holiday season.

Spreading holiday joy isn’t just about giving gifts to others. Two-thirds (67%)** of consumers intend to treat themselves to a holiday indulgence, as well. Gen Z is the most likely to do so, with 83%** planning to buy themselves a special item or experience.

So Many Tools and Resources to Help Small Businesses This Holiday Season

Small businesses looking for guidance on how to maximize their seasonal sales should visit GoDaddy’s Ultimate Guide to Holiday Campaign Planning. Valuable resources include holiday marketing advice by channel, do’s and don’ts for offering seasonal promotions, AI prompts that make it easy to manage and promote a business during the busiest time of year, and much more.

Visit GoDaddy.com to learn more about the solutions GoDaddy offers small businesses, including the AI-powered GoDaddy Airo experience that TechRadar called “a game-changer for small businesses looking to establish their online presence, particularly because of how much time and effort it saves.”

Methodology 
The survey data referenced in this news release was collected via two surveys in which U.S. consumers were asked about their holiday shopping habits: one conducted in October 2024 with 1,247 respondents* and one in September 2024 with 1,520 respondents**.

About GoDaddy 
GoDaddy (NYSE: GDDY) helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online and in-person. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.GoDaddy.com.

Source: GoDaddy Inc.

AUSTIN, Texas, November 13, 2024 /3BL/ – Whole Cities, a Whole Foods Market Foundation project working to broaden access to fresh, healthy food and nutrition education, announced today that it will award 71 Community First Grants to nonprofit organizations in the United States and British Columbia. This year’s grantees will receive an average of $9,000 each for a total investment of over $639,000. 

Founded in 2014, Whole Cities builds collaborative partnerships with community-led organizations to foster resilient, equitable food systems and transform community health. During the past 10 years, the project has partnered with over 332 nonprofits across 169 cities in the U.S. and Canada, contributing more than $5 million to local communities.

Whole Cities’ annual Community First Grant Program supports local partnerships between Whole Foods Market Team Members (employees) and nonprofits with programs serving adults and/or older youth that expand long-term access to fresh, healthy food and/or nutrition education. Team Members nominate eligible, locally led nonprofit organizations for the grant. Throughout the grant year, they participate in opportunities that support their partner’s mission.

“Since its inception, Whole Cities has believed in the power of homegrown solutions that are tailored to the goals of individual communities,” Dianna Purcell, Director of Programs for Whole Cities. “This year’s cohort of Community First Grant partners demonstrates the diversity of approaches that this work can take as leaders across the U.S. and Canada work to improve access to fresh healthy food and nutrition education for their neighbors.”

The 2024 – 2025 Community First Grant partners span 54 cities in 25 U.S. states and 1 Canadian province. Their projects include:

23 nutrition education and healthy cooking classes12 community gardens10 urban farms8 agricultural skills development programs7 special projects5 farmer’s markets, co-ops and grocery stores3 mobile markets2 SNAP and WIC incentive programs1 pop-up markets and CSAs

Here’s a snapshot of how some of these Community First Grant partners are transforming their local food landscape and advancing community health:

Chef Angels — This nonprofit in San Diego, California has a mission is to uplift, educate, and inspire underserved youth in their community through a culinary education. They offer teens and young adults immediate, short-term support and the tools and resources to develop long-term resilience and improved quality of life. 
 Food Assistance Match — Based in Bellevue, Pennsylvania, this community partner manages a SNAP incentive program that doubles the value of food assistance benefits at select farmer’s markets to bridge the gap between food-insecure populations and local farmers. 
 The Food Project — This Lincoln, Massachusetts nonprofit leads agricultural skills development programs that aim to create a productive community of youth and adults from diverse backgrounds who work together to build a sustainable food system. 
 The Refugee Collective — This 20-acre organic urban farm in Austin, Texas creates livelihood opportunities by reconnecting refugees from traditional farming cultures to land in their new communities and increasing food access through regenerative agriculture. 
 Youth Ministries for Peace and Justice — This six-time grantee is working to rebuild and improve underserved neighborhoods in the Bronx, New York by empowering individuals through education, advocacy, and community engagement.

Since launching the Community First Grant program in 2016, Whole Cities has awarded 477 grants in 161 cities, investing over $3.4 million. 288 Team Members from 153 Whole Foods Market stores and every store support office have participated.

For more information on Whole Cities’ Community First Grant Program and other community engagement work, visit wholecities.org.

####

ABOUT WHOLE CITIES

Whole Cities is a project of Whole Foods Market Foundation, an independent, nonprofit organization founded by Whole Foods Market based in Austin, Texas. Whole Cities has worked alongside more than 332 community-based organizations in more than 169 cities in the U.S. and Canada to improve neighborhood health through collaborative partnerships, nutrition education, and broader access to fresh, healthy food. Through vibrant grant programs, Whole Cities supports community gardens, urban farms, pop-up produce stands, agriculture skills development, farmers’ markets, mobile markets, healthy cooking classes and other community-directed initiatives to build thriving local food systems and improve health. For more information on Whole Cities and its programs, visit wholecities.org. For ongoing news and updates, follow Whole Foods Market Foundation on Facebook, Instagram, X (formerly Twitter) or LinkedIn.

Media Contact:

Nikki Newman-Sobhani
Nikki.Newman@wholefoods.com

AUSTIN, Texas, November 13, 2024 /3BL/ – Whole Cities, a Whole Foods Market Foundation project working to broaden access to fresh, healthy food and nutrition education, announced today that it will award 71 Community First Grants to nonprofit organizations in the United States and British Columbia. This year’s grantees will receive an average of $9,000 each for a total investment of over $639,000. 

Founded in 2014, Whole Cities builds collaborative partnerships with community-led organizations to foster resilient, equitable food systems and transform community health. During the past 10 years, the project has partnered with over 332 nonprofits across 169 cities in the U.S. and Canada, contributing more than $5 million to local communities.

Whole Cities’ annual Community First Grant Program supports local partnerships between Whole Foods Market Team Members (employees) and nonprofits with programs serving adults and/or older youth that expand long-term access to fresh, healthy food and/or nutrition education. Team Members nominate eligible, locally led nonprofit organizations for the grant. Throughout the grant year, they participate in opportunities that support their partner’s mission.

“Since its inception, Whole Cities has believed in the power of homegrown solutions that are tailored to the goals of individual communities,” Dianna Purcell, Director of Programs for Whole Cities. “This year’s cohort of Community First Grant partners demonstrates the diversity of approaches that this work can take as leaders across the U.S. and Canada work to improve access to fresh healthy food and nutrition education for their neighbors.”

The 2024 – 2025 Community First Grant partners span 54 cities in 25 U.S. states and 1 Canadian province. Their projects include:

23 nutrition education and healthy cooking classes12 community gardens10 urban farms8 agricultural skills development programs7 special projects5 farmer’s markets, co-ops and grocery stores3 mobile markets2 SNAP and WIC incentive programs1 pop-up markets and CSAs

Here’s a snapshot of how some of these Community First Grant partners are transforming their local food landscape and advancing community health:

Chef Angels — This nonprofit in San Diego, California has a mission is to uplift, educate, and inspire underserved youth in their community through a culinary education. They offer teens and young adults immediate, short-term support and the tools and resources to develop long-term resilience and improved quality of life. 
 Food Assistance Match — Based in Bellevue, Pennsylvania, this community partner manages a SNAP incentive program that doubles the value of food assistance benefits at select farmer’s markets to bridge the gap between food-insecure populations and local farmers. 
 The Food Project — This Lincoln, Massachusetts nonprofit leads agricultural skills development programs that aim to create a productive community of youth and adults from diverse backgrounds who work together to build a sustainable food system. 
 The Refugee Collective — This 20-acre organic urban farm in Austin, Texas creates livelihood opportunities by reconnecting refugees from traditional farming cultures to land in their new communities and increasing food access through regenerative agriculture. 
 Youth Ministries for Peace and Justice — This six-time grantee is working to rebuild and improve underserved neighborhoods in the Bronx, New York by empowering individuals through education, advocacy, and community engagement.

Since launching the Community First Grant program in 2016, Whole Cities has awarded 477 grants in 161 cities, investing over $3.4 million. 288 Team Members from 153 Whole Foods Market stores and every store support office have participated.

For more information on Whole Cities’ Community First Grant Program and other community engagement work, visit wholecities.org.

####

ABOUT WHOLE CITIES

Whole Cities is a project of Whole Foods Market Foundation, an independent, nonprofit organization founded by Whole Foods Market based in Austin, Texas. Whole Cities has worked alongside more than 332 community-based organizations in more than 169 cities in the U.S. and Canada to improve neighborhood health through collaborative partnerships, nutrition education, and broader access to fresh, healthy food. Through vibrant grant programs, Whole Cities supports community gardens, urban farms, pop-up produce stands, agriculture skills development, farmers’ markets, mobile markets, healthy cooking classes and other community-directed initiatives to build thriving local food systems and improve health. For more information on Whole Cities and its programs, visit wholecities.org. For ongoing news and updates, follow Whole Foods Market Foundation on Facebook, Instagram, X (formerly Twitter) or LinkedIn.

Media Contact:

Nikki Newman-Sobhani
Nikki.Newman@wholefoods.com

Have you considered switching to sustainable transportation?

Transportation is the largest source of greenhouse gas emissions in Georgia. Choosing to walk, bike, or take mass transit to get where you’re going can have a big impact when enough of us make small changes in how we get around.

Tune into this Drawdown Georgia interview with John Devine, executive director of Go Georgia (formerly Georgia Bikes) to learn all about sustainable transportation alternatives.

Watch the video here.

CLEVELAND, November 13, 2024 /3BL/ – KeyBank Community Development Lending and Investment (CDLI) expands its team with appointments of fund and equity relationship managers in the West and Midwest regions. The new additions include:

Eileen Tran joined as a low-income housing tax credit (LIHTC) equity originator focused on expanding equity originations in the West region. She is based in Denver, Colorado, and reports to Stacie Nekus, Head of KeyBank Community Development and Lending and Investment (CDLI) Equity Growth Initiative. Tran brings nearly 14 years of experience focused on the affordable housing industry to KeyBank. Previously, Tran was an executive director and senior lead in affordable housing at Wells Fargo, where she oversaw the modeling, underwriting, negotiating and closing of low-income housing tax credit (LIHTC) transactions. Tran earned her MBA at Indiana University and a B.B.A degree from the University of Louisville.

Joseph Jones joined as a Tax Credit Syndications fund manager responsible for structuring, managing, modeling, reporting, and providing management accounting for all types of a limited partnership’s tax credit investments and related entities. He is based in Richmond, Virginia. Jones reports to Christina Knuckles, Head of Equity Fund Management and Equity Acquisitions KeyBank CDLI. Joseph brings more than 14 years of affordable housing real estate experience to KeyBank. Previously, he was a senior director at Enterprise Community Partners where he was responsible for all aspects of structuring, marketing, offering and closing national multi-investor LIHTC funds. Joseph earned his MBA from Radford University and a B.S. from Virginia Tech.

“I am thrilled to welcome Eileen and Joseph to the team, where their expertise will continue to help us build our CDLI platform,” said Nekus. “KeyBank is committed to expanding affordable housing across the country and creating positive change in underserved communities.”

About KeyBank Community Development Lending and Investment  
KeyBank Community Development Lending and Investment (CDLI) finances projects that stabilize and revitalize communities across all 50 states. As one of the top affordable housing capital providers in the country, KeyBank’s platform brings together construction, acquisition, bridge-to-re-syndication, and preservation loans, as well as lines of credit, Agency and HUD permanent mortgage executions, and equity investments for low-income housing projects, especially Low-Income Housing Tax Credit (LIHTC) financing. KeyBank has earned 11 consecutive “Outstanding” ratings on the Community Reinvestment Act exam, from the Office of the Comptroller of the Currency, making it the first U.S. national bank among the 25 largest to do so since the Act’s passage in 1977.

About KeyCorp  
KeyCorp’s roots trace back nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $190 billion at September 30, 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.

CONTACT:  
Laura Mimura  
216.471.2883  
laura.mimura@key.com

KEY MEDIA NEWSROOM:  
www.Key.com/newsroom

DES MOINES, Iowa, November 13, 2024 /3BL/ – Principal Financial Group® announced it has earned the 2025 Military Friendly® Employer designation, honoring the company’s commitment, effort, and success in creating sustainable and meaningful opportunities for the military community.

Institutions earning the Military Friendly Employer designation were evaluated using both public data sources and responses from a proprietary survey. Over twelve hundred companies participated in the 2025 Military Friendly survey.

“We’re honored to receive the 2025 Military Friendly Employer designation. This recognition underscores our deep commitment to the military community,” said Dan Houston, chairman and CEO of Principal Financial Group, we’ve long recognized that veterans bring invaluable skills to our team – qualities like integrity, teamwork, and a strong sense of accountability. We’re dedicated to providing the right mix of benefits, training, and support to help service members successfully transition their unique talents and experiences into rewarding careers with us.”

Methodology, criteria, and weightings were determined by VIQTORY with input from the Military Friendly Advisory Council of independent leaders in the military recruitment community. Final ratings were determined by combining an organization’s survey score with an assessment of the organization’s ability to meet thresholds for Recruitment, New Hire Retention, Employee Turnover, and Promotion & Advancement of veterans and military employees.

“Organizations earning the Military Friendly Employers designation have wholeheartedly invested in comprehensive and impactful initiatives that bring about positive, life-changing results for our valued service members, dedicated military spouses, and esteemed veterans within their ranks. We salute these exemplary employers who raise the bar and understand that hiring military personnel is not merely an act of goodwill but a testament to a standard that truly embodies sound business wisdom. Their steadfast commitment to integrating military personnel into their workforce not only reflects their compassion but also underscores their business acumen,” said Kayla Lopez, Senior Director of Military Partnerships at Military Friendly.

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About Principal Financial Group® 

Principal Financial Group® (Nasdaq: PFG) is a global financial company with nearly 20,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for 145 years, we’re helping approximately 68 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of the 2024 World’s Most Ethical Companies2, a member of the 2023 Bloomberg Gender Equality Index, and named as a “Best Places to Work in Money Management3.” Learn more about Principal and our commitment to sustainability, inclusion, and purpose at principal.com.

1 As of September 30, 2024   
2 Ethisphere, 2024    
3 Pensions & Investments, 2023  

About Military Friendly® Employers

Military Friendly® is the standard that measures an organization’s commitment, effort, and success in creating sustainable and meaningful benefits for the military community. Over 2,800 organizations compete annually for Military Friendly® designation annually. Military Friendly® ratings are owned by VIQTORY, Inc., a service-disabled, veteran-owned small business. VIQTORY is not affiliated with or endorsed by the U.S. Department of Defense or the federal government. Results are produced via a rules-based algorithm. The data-driven Military Friendly® lists and methodology can be found at https://www.militaryfriendly.com/mfcguide/.

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.​ ©2023 Principal Financial Services, Inc.

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