Tag: 3BL

Originally published on bloomberg.com

Women Capital Drives Value: Analyzing data since 2018, Bloomberg Intelligence found that companies with more women on boards and in leadership roles outperform peers, reinforcing fundamental financial analysis, bolstering ESG credentials and helping investors make more informed decisionsBoard Diversity Gains Momentum: Gender board diversity tripled to 26% in 2023 from just under 9% in 2010, driven by regulations and shareholder activismAn Uphill Battle in C-Suites: Progress on putting women in leadership roles remains slow with women making up only 6% of CEOs globally, and just at 3% in emerging markets

LONDON, October 23, 2024 /3BL/ – A new study from Bloomberg Intelligence (BI) shows that companies with more women on boards in the US, Europe and Asia-Pacific (excluding Japan)1 draw higher annual returns, between 2-5%, compared to peers with less gender diverse boardrooms since 2018. According to the BI Women Capital study, the return differential between the highest and the lowest quintile of women on the board was 11% in the US, 13% in Europe and a sizable 35% in Asia-Pacific.

Adeline Diab, BI Director of Research and Chief ESG Strategist, commented: “Women capital drives value, gender diversity reinforces fundamental analysis and could help investors make more informed decisions, while also demonstrating better ESG credentials. More diverse boards often result in higher profits, stronger valuations and lower volatility in developed markets, like in the US and Europe. Meanwhile, in emerging markets, gender diverse companies demonstrate lower volatility, but have not translated into stronger returns as women in boardrooms do not appear to be a priority or fully recognized by markets.”

BI’s analysis reveals that women’s presence in boardrooms has tripled to 26% in 2023 from under 9% in 2010. The strong progress, especially in developed markets which continues to maintain momentum, has been aided by regulatory support and shareholder activism – except in Japan where women remain mainly absent from Nippon boards.

Gender quotas have pushed diversity despite controversy in many developed markets, such as France leading global peers with 45% female board ratio. Yet, some countries have made progress without mandatory targets or quotas, like the UK achieving 42% women board representation. Investor activism also serves as a catalyst, driving progress in Australia and the US, despite the latest diversity, equity and inclusion (DEI) backlash in the US.

However, regional differences persist. BI’s analysis found that boardrooms in emerging markets trails global standards for gender diversity, highlighting the lack of market and regulatory support, especially in Latin America, where over 10% of companies have no female directors.

Sector gaps also leave room for more improvement globally. BI found that the financials and health care sectors lead the way at almost 30% female board representation, while technology and capital-intensive sectors, such as industrials, materials and energy, lag at around 20% representation.

Women in executive leadership positions have also yet to move the needle, as women make up only 6% of CEOs globally and just 3% in emerging markets, with the highest number of female CEOs in the US and Europe at 8%. The CFO position has made the strongest improvement of the C-Suite reaching 14% globally, including strong representation in Singapore and Australia at 30% and 20% in the US and Europe.

Adeline Diab added: “Some countries in developed APAC have made a remarkable progress on the number of women in executive roles, mostly in the CFO role. We can’t help to wonder if the rise of female prime ministers in the region, including Australia’s Julia Gillard, New Zealand’s Jacinda Ardern or Hong Kong’s Chief Executive Carrie Lam, helped drive a breakthrough.”

“In addition, according to our BI forecasts, although gender parity may be reached across developed Western markets before the next decade, Australia and New Zealand could hit gender parity by 2028, faster than the Western markets by at least two years, setting global standards.”

Looking ahead, according to BI, regulations and quotas will continue to serve as key catalysts driving gender diversity on boards – such as the EU’s mandated quota to ensure at least 40% of non-executive directors or 33% among all directors are women by 2026. In Hong Kong, listed firms will also have to add at least one woman to the board by the end of this year to comply with the exchange’s new gender rules. Additionally, the US presidential election and the prospect of the first female US president could serve as a strong catalyst.

To receive a copy of BI’s Women Capital study or to speak with Adeline Diab, BI Director of Research and Chief ESG Strategist, please contact BloombergIntelligence@citigatedewerogerson.com or ahay38@bloomberg.net

Methodology

1: Regional values derived from underlying indices: Europe Developed (STOXX 600); Europe Emerging (Bloomberg Europe Emerging Markets Large & Mid Cap); Americas Developed (S&P 500, Bloomberg Canada Large & Mid Cap); Americas Emerging (Bloomberg LATAM Large & Mid Cap); APAC Developed (Nikkei 225, Bloomberg APAC Developed Markets ex Japan Large & Mid Cap); APAC Emerging (Bloomberg China Large Cap, Bloomberg Asia Emerging Markets ex China Large & Mid Cap)

Contact

Oktavia Catsaros
Bloomberg Intelligence
ocatsaros@bloomberg.net

About Bloomberg Intelligence

Bloomberg Intelligence (BI) research delivers an independent perspective providing interactive data and investment research on over 2,000 companies, 135 industries and all global markets. Our team of over 400 research professionals help our clients make decisions with confidence in the rapidly moving investment landscape. BI analysis is backed by live, transparent data from Bloomberg and more than 600 third-party data contributors that clients can use to refine and support their ideas. Bloomberg Intelligence is available exclusively on the Bloomberg Terminal and the Bloomberg Professional App. Visit us at https://www.bloomberg.com/professional/product/bloomberg-intelligence/ or request a demo.

About Bloomberg

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Infrastructure funding and regional initiatives support Metromover upgrades

PITTSBURGH, October 23, 2024 /3BL/ – Intelligent power management company Eaton is helping Miami-Dade Transportation & Public Works update the electrical system supporting its Metromover mass transit system that carried more than 6.5 million riders in 2023. The project is supported by Infrastructure Investment and Jobs Act (IIJA) funding and is part of Miami-Dade County’s broader $153 million initiative to expand and upgrade the reliability of its automated train network. The project is expected to be completed by early 2025. 

“The future of transportation is considerably more electric, and we’re excited to enable the large-scale infrastructure projects needed to make it happen,” said Igor Stamenkovic, senior vice president and general manager for Eaton’s Electrical Engineering Services & Systems division. “By modernizing the existing energy systems to work smarter, safer and more resiliently, we’re helping Miami-Dade Transportation & Public Works prepare for the future in a timely and cost-effective manner by avoiding complete infrastructure overhaul.” 

Eaton solutions will enable Miami-Dade Transportation & Public Works to monitor and manage its electrical systems to increase uptime and reliability. The company’s digitalization approach provides a better way to manage power, supporting insights into equipment health and notifications of potential issues before they result in downtime. 

Eaton is supplying the transit authority with low-voltage air replacement circuit breakers and new motor control components to modernize 21 aging electrical substations.Top of FormBottom of Form Eaton’s retrofit capabilities will help boost the electrical capacity, reliability and safety of the Metromover to support its planned expansion without significant cost or additional footprint required for complete substation replacement.

Learn more about Eaton’s solutions for federal clean energy, stimulus and infrastructure initiatives.  

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 www.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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Originally published on Aflac Newsroom

When was the last time you saw your doctor — last month, last year, last decade?

Wellness checkups are excellent tools for staying on top of your health — especially routine screenings that can help detect certain diseases, like cancer, early and before they’ve had a chance to spread. Yet, 3 in 5 Americans report having avoided common recommended health screenings, according to the 2024 Aflac Wellness Matters Survey.1 Respondents who have received a cancer diagnosis were more likely to have avoided common health screenings than those who have not, underscoring the importance of regular screenings. Among those diagnosed with cancer, 56% say they found out as the result of a regularly scheduled cancer screening or routine exam.

We asked Aflac employees for their thoughts on preventive wellness routines, and several shared stories about how regular wellness appointments and advocating for their health helped them identify and treat conditions early.

“I went in for my wellness dermatology exam which led to the discovery of a small melanoma on my face. Thankfully they could quickly perform the Mohs surgery to remove it. I always advocate for wellness exams at the dermatologist as well as your family physician!”

– Kenna Cameron, Sales representative

Dean Holmes, union market executive, heeded the advice of his long-time physician to make lifestyle changes that “created a new lease on life.” Watch Dean’s video above to hear more. 

“When I was in my mid-20s, I went in for my annual exam. My PCP noticed a mole on my abdomen that looked ‘funny,’ and she removed it. Honestly, it looked fine to me. A few days later she called me to come in and told me it was a melanoma. Luckily, we caught it very early, and a larger excision was all that was needed to get rid of it completely. It’s been over 20 years since then and I haven’t had any complications or other melanomas. The whole experience taught me a lot, especially the importance of sunscreen. I wear it every day and everywhere. I can’t imagine what my life would be like now if I didn’t get it removed.”

– Stacey Warren, Salesforce architect, Information Technology 

Jon Sullivan, director, Corporate Communications, went in for his regular screening and, fortunately, found a growth that if left undiscovered could have been problematic. Watch Jon’s video above to hear his story.

“I put off routine skin cancer screening longer than I should have, and it resulted in several ‘spots’ found that required freezing, burning/scraping, and surgical removal. I went in for two spots on my back only to find I had six other areas that needed attention. Having a spot frozen off isn’t too painful, however the burn and scrape leaves an open wound to be treated very carefully for about a week and was painful. Having a 2-inch scar from being cut open and cancer removed wasn’t a walk in the park either. I wish that everyone thought about skin cancer screenings more frequently after spending years in the sun. I’m a good steward of sunblock but wasn’t always — now I do not go out in the sun without it! I’m very glad I finally went when I did, but knowing more about the necessity to check earlier and start preventing sooner in life could have prevented my treatment and could save a lot of people from having this experience.”

– Nicki Bartley, manager, Data Governance

Ashley Dusenbury, senior manager, Corporate Communications, saw her doctor for a full body skin cancer screening and, luckily, caught basal cell skin cancer early. Watch the video above to hear Ashley’s story.

Life moves quickly, but preventive care matters. Take charge of your health, make your wellness appointments and encourage those you care for to do the same.

To learn more about the 2024 Wellness Matters survey and to find tips on how to take charge of your own health and encourage others to prioritize theirs, visit Aflac.com/WellnessMatters.

1 2024 Wellness Matters survey

The results from the 2024 Wellness Matters Survey are intended for informational purposes only. Aflac’s family of insurers American Family Life Assurance Company of Columbus and/or American Family Life Assurance Company of New York, and/or Continental American Insurance Company (CAIC) and/or Continental American Life Insurance Company.

WWHQ | 1932 Wynnton Road | Columbus, GA 31999

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Host Carol Cone speaks with three inspiring young leaders—Abideen Olasupo, Lillian Olivia Orero, and Gitanjali Rao—about their impactful work in harnessing the potential of artificial intelligence for social innovation. Abideen, co-founder of FactCheckAfrica, talks about combating misinformation in Nigeria through community engagement and fact-checking. Lillian, a gender and technology lawyer and founder, discusses her work with SafeOnline Women Kenya addressing online safety for women and girls. Gitanjali, an MIT student and innovator, shares her efforts in empowering students globally through innovation workshops. The conversation highlights the role of AI in advancing their missions and the importance of collaboration and empathy in driving positive social change.

This episode is part of our multi-episode series featuring some of the world’s most influential changemakers who attended the 2024 One Young World Summit, a global forum that brings together young leaders from 190+ countries to accelerate social impact.

Listen to this and other episodes of Purpose 360 Podcast here.

Purpose 360 Podcast is a masterclass in unlocking the potential of purpose to ignite business and social impact. Hosted by Carol Cone, CEO of Carol Cone ON PURPOSE, Purpose 360 illuminates the impact of purpose, from engaging employees and fostering deeper consumer loyalty to inspiring product innovation and increasing market share.

Carol Cone ON PURPOSE (CCOP) is a pioneering social impact consultancy helping companies, brands, and nonprofits harness the power of purpose to advance their business and societal impact. CCOP’s proven approach, developed over decades and hundreds of purpose assignments, meets clients at any point on their purpose journey to unlock opportunities to build reputation, inspire and engage employees, ignite organizational culture for innovation and growth, while supporting the greater good.

by Anna Smukowski of Enterprise Community Partners and Laura Mixter of LISC 

Climate issues are community development issues and vice versa. Those in community development finance must address the impacts of climate change in order to meet impact goals for economic opportunity and growth. Likewise, those in climate finance need to adopt an equity lens to focus investments in areas grappling with significant pollution and heat challenges, making sure that low-income communities and communities of color are not left behind. What do investors need to replicate and expand innovative funds and strategies that account for climate and community? How should they evaluate their existing portfolios for risks, and what frameworks do they need to effectively deploy capital in the future?

The tools already exist. Tools include data and reporting frameworks that can help investors analyze projects and investments and standardize impact measurement and discussion. From that vantage point, we can see the challenges in aligning climate and community development work, better understand the missteps of the past, and develop strategies that can help us work more equitably and holistically going forward.

In order to equitably drive capital into communities and to support their climate resilience, it is imperative that community and climate investors coalesce around frameworks that send a clear market signal. Like green, social, sustainability and sustainability-linked bonds, these tools should be: Standardized – Accessible – Scalable .

Find out more about all of this and more in their full article here – https://greenmoney.com/climate-community-development-emerging-investment-frameworks-fuel-transformative-impact

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AMSTERDAM, HONG KONG, and OAKLAND, Calif., October 23, 2024 /3BL/ – Cascale (formerly the Sustainable Apparel Coalition), the global nonprofit alliance dedicated to driving equitable and restorative business practices in the consumer goods industry, and Open Supply Hub (OS Hub), a nonprofit leader in supply chain transparency, announce a strategic collaboration aimed at accelerating transparency and sustainability across global supply chains. This collaboration will combine Cascale’s industry influence with OS Hub’s transparency model to create open, accessible data that empowers businesses to make responsible, impactful decisions. Together, the two organizations will work to foster a more transparent, accountable, and sustainable supply chain in the consumer goods industry.

This collaboration matters deeply to Cascale’s members and the broader industry as it addresses pressing challenges such as supply chain transparency, decarbonization, and human rights due diligence. By integrating Cascale’s extensive community of manufacturers, brands, retailers, and more with OS Hub’s data infrastructure, members can supplement the insights gathered through Cascale’s Higg Index tools, exclusively available on Worldly, with even more reliable, actionable data that can be used to strengthen collaborative sustainability efforts. This collaboration is not only an opportunity for increased accountability but also a driver for innovation and industry-wide action.

“Cascale is excited to work closely with Open Supply Hub to deliver meaningful progress towards a more transparent and sustainable supply chain,” said Colin Browne, CEO, Cascale. “Our members are hungry for change, and this comes with amplifying the existing tools, best practices, and resources that allow them to collaborate effectively and, ultimately, lead to greater improvements for the industry. We applaud the work Open Supply Hub has done thus far, and we are committed to working together to advance the disclosure of Tier 1 suppliers on Open Supply Hub. This data-driven initiative is a significant step forward in meeting the growing expectations for transparency and responsible business practices.”

“Building supply chain transparency programs individually isn’t enough. Unless we ensure that supply chain data is harmonized, interoperable, and poised for action, it’s incredibly difficult to realize the benefits of true transparency, and capitalize on collective opportunities,” said Natalie Grillion, CEO and Executive Director at Open Supply Hub. “We see this collaboration with Cascale as a critical stepping stone toward building safe and sustainable supply chains together. By combining Cascale’s extensive community and our model for making their data easy to share and work with, we can drive meaningful change faster than ever. This joint effort enables Cascale members to move beyond compliance and tick box exercises to decisive action on transparency, sustainability, and responsible sourcing, where reliable data leads to real-world impact across supply chains.”

To learn more about OS Hub, Cascale members and interested parties are invited to join the upcoming OS Hub webinar, Open Data Open Doors on November 21. During this live webinar, OS Hub will highlight how their uniquely built open database of over half a million production locations can be leveraged to advance supply chain transparency and sustainability goals. Attendees will also gain insights into the platform’s latest technical updates and an exclusive preview of upcoming developments planned for 2025. Early next year, Cascale members can expect further updates on joint initiatives and opportunities to get involved.

– Ends –

ABOUT CASCALE

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

ABOUT OPEN SUPPLY HUB

Open Supply Hub is a non-profit platform powering the transition to safe and sustainable production, with the world’s most complete, open and accessible global supply chain map. With their users, they have mapped over half a million production locations around the world, showing where global production is happening and who is connected to each location. Open Supply Hub is used by some of the world’s best known brands, as well as human rights, labor and environmental groups. Individually or together, those organizations can contribute, download, and search the data to spot opportunities, build partnerships, and drive investment and impact. By making collectively built supply chain data easy for anyone to work with, Open Supply Hub’s model is opening doors to new solutions, targeted investment, and more effective collaborations. Explore | LinkedIn | YouTube | Subscribe

Client background

The Miracle League of Dane County is a not-for-profit organization located in the Madison, Wisconsin area that makes baseball accessible for children with physical and cognitive disabilities.

The business challenge

Each player in the league is paired with a dedicated “buddy” volunteer for the season, who provides support when their player hits the ball and runs the bases. However, as the Miracle League experienced rapid growth, the increasing number of players has created a heightened demand for volunteers. The surge in registrants made it increasingly challenging for volunteer coordinators to match players with buddies.

Strategy and solution

To address this challenge, Baker Tilly developed a tailored application that efficiently matches volunteers with players by considering factors such as age, gender and skill level. This flexible application has evolved over time, incorporating new features based on feedback from the organization, ensuring it remains a versatile solution for the league.

Baker Tilly worked closely with the Miracle League to make necessary adjustments and successfully delivered a fully operational application just in time for the 2023 summer league registration. The new system significantly streamlines the matching process, saving the coordinators a considerable amount of time.

Since implementing the application, the league has nearly doubled its player registrations. The tool integrates seamlessly with their existing registration system, allowing both players and volunteers to sign up easily.

The application, built using Anvil, seamlessly ingests data from the registration system, allowing both players and volunteers to register within a unified platform. This data feeds into Anvil, which generates comprehensive lists of teams, players and available buddies that meet specified criteria. Volunteer coordinators can simply check a box to finalize pairings, with the selections automatically linking back to the registration system for easy management.

This innovative solution not only helps the Miracle League scale efficiently, but also enables them to focus on expanding their reach and enhancing the overall player experience.

Contact a Baker Tilly specialist to learn more

Economic mobility does not come with a simple solve. Yet Urban Arts, a national nonprofit that teaches digital game design to underrepresented high school students as a pathway to college and career advancement, is generating real maneuverability for its graduates.

With the help of a grant from KeyBank Foundation, Urban Arts administers its Alumni Workforce Development Program, which hires college students who have graduated from its digital arts program to be Teaching Assistants (TAs) to the next generation of high school students. The paid positions include pre-professional training, a schedule that works for them, and a resume building block—plus they become mentors to the new cohorts, showing them what’s possible.

“Urban Arts hires the best of the best to teach the next cohort of diverse creative technologists—our alumni. They know the material, they’re invested in giving back, and they earn money—it’s a win-win-win,” says Philip Courtney, CEO of Urban Arts.

Consider this: only 14% of low-income students who start college successfully graduate. What makes the biggest difference in graduation rates? Not surprisingly, “It’s money,” says Urban Arts alumnus and New York University graduate Kimari. “Scholarships are amazing—and make going to college possible. But once you’re in school, you start having adult costs: feeding yourself, commuting, paying for rent, and class materials. It adds up.” In 2022-2023, the average cost of books and supplies for a first-year college student was $1,2121. Plus, students spend roughly $285 a year on incidental costs for a college course. Add in transportation, laundry, supplies—it can be overwhelming.

According to Mabel, an Urban Arts alum and sophomore at Fordham University studying Computer Science, “The best part of being a Teaching Assistant is making a difference in students’ lives. Urban Arts has made such a big impact on my life that I feel more than happy to give back to this community.”

Ellie, another Urban Arts alum and senior at the School of Visual Arts sees great value in being an Alum TA. “Rather than getting a job waiting tables, I can use the skills I acquired through Urban Arts to teach other students,” she says. “This gives me so much more—and is a great resume builder.” Ellie teaches classes that include coding, design thinking, art, time-management skills—all the things she learned as an Urban Arts high school student. Plus, she gets to stay involved with the Urban Arts community, working with her friends who are fellow TAs. “It feels like a piece of home even while we’re all navigating very new environments at college.”

Meredith Summs, Director of Urban Arts’ After-School Programs says that Teaching Assistants give unique and critical authenticity to the game design programs. “As recent graduates of the program, TAs can relate empathetically to students’ learning experiences and give first-hand mentorship. TAs have an opportunity to practice and grow professionally within a community they trust, alongside faculty who know them well. They build time management skills, communication skills, problem-solving and improvisation skills, in addition to learning how to educate and nurture future game designers.”

KeyBank and Urban Arts are dedicated to getting under-represented youth from low-income communities to college—and ensuring they thrive. The Alumni Workforce Development Program is getting high marks for doing just that.

For more information on Urban Arts, visit www.UrbanArts.org

For more Information on KeyBank Foundation, visit www.Key.com/Foundation.

1https://www.bestcolleges.com/research/average-cost-of-college-textbooks-statistics/

NEW YORK, October 23, 2024 /3BL/ – As global corporate reporting standards tighten, publicly listed companies are under growing pressure to enhance the reliability, volume, and quality of their disclosures. To help meet these demands, IR Magazine and Governance Intelligence are hosting the Corporate Reporting Forum, a key event for investor relations, sustainability and governance professionals, on November 6 in New York.

From ESG reporting and proxy statements to quarterly and annual financial results, this event covers everything issuers need to remain compliant, meet investor expectations and enhance their company’s strategic value amid the demanding reporting landscape.

With discussions led by experts at abrdn, Applied Materials, Bunge, Ziff Davis, Corteva Agrisciences, Robinhood and more, attendees will learn:

How upcoming changes in reporting regulations will impact their organizationInnovative methods to increase visibility and engagement with their corporate disclosuresEssential strategies to ensure success in the upcoming proxy seasonA thorough understanding of the elements that anti-ESG stakeholders scrutinize in sustainability reports and how to address their concernsProven best practices for presenting and interpreting quarterly financial resultsHow to leverage annual reports to create additional value for their organization and stakeholders

Both NIRI PDUs and CLE credits can be obtained at this event.

For more information on the event and to book your tickets, please visit: www.IRmagazine.com/corporate-reporting.

About IR Magazine 
IR Magazine is the definitive, independent voice in investor relations, spanning over thirty-five years at the forefront of IR evolution. Globally recognized for its digital presence and dynamic events, IR Magazine offers a diverse mix of content—from articles and podcasts to forums and videos—catering to a worldwide audience.

Celebrated for excellence, the magazine is a trusted partner for IR professionals navigating the ever-evolving capital market landscape. For more information, please visit www.IRmagazine.com.

About Governance Intelligence 
Governance Intelligence, leading the governance, risk, and compliance sector for over 20 years, offers expert, data-driven guidance for professionals navigating today’s dynamic governance landscape. Established in 2002 and known initially as Corporate Secretary, we provide a rich mix of news, analysis, research, and exclusive events across North America.

Committed to fostering impactful connections, Governance Intelligence delivers practical and personalized information to empower governance practitioners to make better decisions. Governance Intelligence specializes in thought leadership, networking, lead generation, and market intelligence. For more information, please visit www.Governance-Intelligence.com.

Contact information

For agenda inquiries: 
Andrew Gibbons 
Andrew.Gibbons@IRmagazine.com 
+44 744 420 0646

For all other inquiries: 
James Ibell 
James.Ibell@IRmagazine.com 
+44 20 8090 2156

Congratulations to Jackee de Lagarde, VP, Global Licensing at Kate Spade New York on being named to Crain’s New York Business Notable Black Leaders! The list celebrates talented and accomplished Black individuals whose professional and communal achievements enhance New York City. Tapestry and Kate Spade New York are so proud that Jackee has been recognized – we can’t wait to see what she does next!

Tapestry connected with Jackee, and she shared a little more about her team and experience at Tapestry:

Q: Can you share your role, how long you’ve been at Tapestry and a few details about what your team oversees?

I am VP of Global Licensing at Kate Spade New York and have been with the brand since 2014. My team and I are responsible for setting and implementing strategies to maximize the brand’s licensing program. Since I’ve joined, my team and I have launched numerous categories within women’s, men’s, and kids’ apparel and accessories, as well as home and pet accessories.

Q: What is your proudest moment/achievement at Tapestry? 

Finalizing a licensing agreement is always a fulfilling achievement, and I was so fortunate to have executed five agreements in my first year at Kate Spade New York. More recently, I really enjoyed the work my team and I did when we launched the Kate Spade New York collaboration with Starbucks in November 2020. The partnership offered a curated merchandise collection, available for a limited time at select Starbucks stores and online in Asia. The partnership was such a huge hit that we did a second collaboration in 2022 in 14 countries!

Q: What words would you use to describe our culture?

Our Tapestry culture and how we support our employees is truly best in class. I was lucky enough to serve as the co-chair of Black Alliance, Tapestry’s first Employee Business Resource Group, for three years and be part of a movement that helped shape some of Tapestry’s EI&D efforts. Our vision for Black Alliance was to build a dedicated forum for Tapestry’s Black community and its allies within the business to share vision, cultivate Black talent, and promote Black diversity throughout the year.

Learn more about what it’s like to work at Tapestry and our brands here.