QVC is thrilled to announce our exciting partnership with Plastic Bank to support the collection and recycling of plastic from the environment! 

At Qurate Retail Group, we’re committed to making a positive impact on the world by ending poverty and stopping plastic pollution. Through this partnership with Plastic Bank, we aim to gather 50 tons of plastic year-round and recycle it into Social Plastic® recycled feedstock that is reprocessed and reintegrated into products and packaging for consumer goods. This will help reduce the reliance on virgin plastics and greatly decrease greenhouse gas emissions associated with manufacturing.

By turning plastic into currency, we’re empowering the collection and exchange of discarded plastic. We believe that by working together with Plastic Bank and other partners, we can create a brighter and more sustainable future for everyone. 

Learn more about Plastic Bank here: https://plasticbank.com/

Authored by Baker Tilly’s Gideon Gradman, Robert Moczulewski, Jiyoon Choi, Beckett Woodworth

IRS Notice 2024-48 provides essential information for taxpayers to determine their eligibility for the IRA energy community tax credit bonus under sections 45, 45Y, 48 and 48E of the Internal Revenue Code (IRC). This notice, which includes updated lists of U.S. counties and U.S. census tracts eligible for the energy community bonus credit in Appendix 1 and 2, is crucial in assisting clients in understanding eligibility to effectively claim these credits.

The Inflation Reduction Act of 2022 (IRA) amended sections 45 and 48 of the IRC to increase credit amounts or rates for projects meeting energy community requirements. Additionally, new sections 45Y and 48E were introduced, offering similar benefits for projects placed in service after Dec. 31, 2024. To qualify for these increased credits, projects must satisfy specific location-based criteria under the Statistical Area Category or the Coal Closure Category.

There are three ways to qualify for the energy community bonus credit. The project must be in:

a brownfield site, ormetropolitan statistical area or nonmetropolitan statistical area that meet employment, tax revenue or unemployment rate criteria, ora community in proximity to a coal mine that closed after Dec. 31, 1999, or near a coal-fired electric generating unit that was retired after Dec. 31, 2009.

What is an “EC project”? 

The term “EC project” (energy community project) refers to:

a qualified facility eligible for a credit under IRC sections 45 or 45Y,an energy project eligible for a credit under section 48, ora qualified investment with respect to a qualified facility or energy storage technology eligible for a credit under section 48E, provided these are placed in service within an energy community.

The requirements to qualify an EC project for the increased credit amounts or rates are detailed in sections 45(b)(11), 48(a)(14), 45Y(g)(7) and 48E(a)(3)(A).

In summary, Notice 2024-48 is pivotal for taxpayers seeking the energy community bonus credit. It provides updated criteria and lists for determining eligibility under the Statistical Area and Coal Closure Categories, reflecting recent changes and additions under the IRA.

Your organization can maximize potential IRA credits by verifying your project’s location-based eligibility. Use Baker Tilly’s interactive mapping tool to determine if your project might be in an energy community. Connect with a Baker Tilly specialist today to confirm that your project is in a qualified energy community or to learn more about the IRA.

LISC Fund Management, LLC (LFM) and partners are pleased to announce the launch of the Cleveland Housing Investment Fund (CHIF), made possible by a transformative $18 million grant commitment from the City of Cleveland and a $20 million planned investment from KeyBank. The legislation required to for the City to provide financing to the CHIF was passed this evening by Cleveland City Council.

The significant commitments from the City and KeyBank aim to address systemic inequality and discrimination by creating inclusive, affordable housing for Clevelanders. This public-private partnership seeks to invest $100 million in resilient neighborhoods with a focus on serving underrepresented communities and stimulating economic growth.

The $18 million grant commitment from the City of Cleveland serves as the cornerstone for the CHIF, a collaborative initiative launched by the City, KeyBank, and the Cleveland office of Local Initiatives Support Corporation (LISC). The primary objective of the CHIF is to cultivate vibrant and resilient neighborhoods within the City of Cleveland through the development of mixed-income rental housing and homeownership opportunities. The CHIF will provide debt and equity-like funding to neighborhood-scale housing development with a focus on affordability, developers who have historically been excluded from capital markets, and neighborhood impact. Through this strategy, the CHIF aims to create pathways for wealth generation.

Urgency drives this initiative in Greater Cleveland, where rents are rising at a faster rate than most United States metro areas, and demand has created a pressing need to build more affordable housing for low-income, working-class, and middle-class residents.

“The availability of affordable, quality housing is an intractable challenge that we need strong collaboration to solve. It is critical that we drive private investment in our neighborhoods that have not seen the same level of investment as other areas of the city,” said Mayor Justin M. Bibb. “Establishing the CHIF as a framework for this effort is a vital step towards tackling the housing challenges Clevelanders face, and I am grateful to the partners for their support.”

The City’s financial commitment to CHIF is further bolstered by a $20 million commitment from KeyBank Community Development Financial Institution (CDFI) group, a division of KeyBank Community Development Lending and Investment. KeyBank CDFI delivers investments, loans and banking products & services to mission-driven CDFI partners that help expand access to the economic mainstream for low-income families and communities.

“Our $20 million commitment from our CDFI team in the Cleveland Housing Investment Fund underscores our commitment to affordable housing solutions that transform communities, providing families with safe places to live and grow,” said Brian Maddox, National Team Leader for KeyBank CDFI Lending and Investment. We are proud to partner with LISC and the City of Cleveland to help bring affordable housing, opportunities and change to neighborhoods across Cleveland.”

The CHIF is managed by LFM, a wholly owned subsidiary of national nonprofit, LISC, in close collaboration with LISC’s Cleveland office (LISC Cleveland). LFM manages mission focused investment funds at a national and local level to include similar affordable housing funds in other cities across the country, including Charlotte, Detroit, Dallas, and the Bay Area. The City’s decision to partner with LISC was driven by LISC’s impressive track record in community development, affordable housing financing, and collaboration with local governments to foster diverse housing opportunities.

“The affordable housing crisis is top of mind for leaders across the country and especially at LISC,” said LFM Interim President, Tiffany Durr. “The public-private partnership in Cleveland demonstrates what is possible when we collaborate and use our expertise to leverage significant resources to expand access to affordable housing for all. LISC values its impactful partnership with the City of Cleveland and KeyBank and looks forward to continuing to work together to advance equity and opportunity in the communities our organizations serve.”

Kandis Williams, Executive Director of LISC Cleveland, highlighted LISC’s longstanding dedication to the Cleveland community. “Since opening our first office here in 1981, LISC has remained steadfast in investing in the prosperity of Cleveland neighborhoods,” said Williams. “Through our comprehensive programs and initiatives, we have supported local organizations and catalyzed positive change in the areas of affordable housing, economic development, and financial stability. The CHIF is just one more tool we eagerly anticipate leveraging for the benefit of Clevelanders.”

Following yesterday’s passage, CHIF will seek corporate and philanthropic investments, work to open an application portal for projects to apply for financing, and begin making affordable housing investments.

“We are proud to support the Cleveland Housing Investment Fund and look forward to playing a role in this important work,” said City Council President Blaine A. Griffin. “City Council hears from residents every day about the need for affordable housing and additional investment in our neighborhoods, particularly in those areas that have been historically underserved.”

The Cleveland Housing Investment Fund represents a landmark opportunity to address housing inequities and promote shared prosperity in Cleveland for generations to come. Additional information and guidance for developers seeking financing will be provided soon.

###

* References made to endorsements by any third party to invest with LISC or CHIF are not indicative of future performance and do not imply any guaranteed level of service, skill or training. Investors should not rely on endorsements for any purpose and should conduct their own review prior to investing. None of Mayor Justin Bibb, Council President Blaine Griffin, Brian Maddox, Michael Pugh, or Kandis Williams are a “promoter” who is compensated for this statement.

About the City of Cleveland 
The City of Cleveland is committed to putting people and neighborhoods first, working to deliver high-quality city services and leading bold change. The City is focused on building a stronger and safer Cleveland and modernizing City Hall to improve outcomes for residents, businesses and visitors. To learn more about the City of Cleveland, visit clevelandohio.gov, X (formerly Twitter) at @CityofCleveland or Facebook at facebook.com/cityofcleveland.

About Cleveland City Council 
Cleveland City Council is comprised of seventeen members who are each elected to a 4-year term. A member serves about 25,000 people in their respective ward. Each member serves on one or more committees that discuss and vote on legislation. In 2023, City Council passed more than 1,400 ordinances related to safety, services, economic development, and other quality of life issues. Learn more about Cleveland City Council at clevelandcitycouncil.org. Follow City Council on social media at facebook.com/clecitycouncil, x.com/clecitycouncil, instagram.com/clecitycouncil.

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 and community development 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 Local Initiatives Support Corporation (LISC) and LISC Fund Management, LLC (LFM)

LISC is one of the country’s largest community development organizations, helping forge vibrant, resilient communities across America. LISC works with residents and partners to close systemic gaps in health, wealth, and opportunity and advance racial equity so that people and places can thrive. Since its founding in 1979, LISC has invested $32 billion to create more than 506,000 affordable homes and apartments, develop 82.5 million square feet of retail, community, and educational space, and help tens of thousands of people find employment and improve their finances.

For more, visit www.lisc.org and www.lisc.org/cleveland

The investment pools sponsored by LISC are available only to eligible investors, are offered only pursuant to their official offering documents, and are managed by LFM, which is a wholly owned subsidiary of LISC. LFM is an investment adviser registered with the United States Securities and Exchange Commission. LFM currently manages $865 million assets under management through 11 national and place-based mission-driven investments funds across the country.

To learn more about LFM, please visit https://www.liscstrategicinvestments.org/

AMD collaborates with enterprises, researchers, and others to help them put our technology to work solving some of the world’s most pressing environmental challenges. By understanding our customers’ computing needs, together we can apply AMD technology to tackle tough challenges like advancing climate research, electrification of vehicles, and power grid resilience.

Climate Research

AMD aims to help researchers better understand the interrelated forces contributing to climate change and develop solutions to help mitigate the impact. By analyzing massive and complex data sets, scientists can gain insights into the causes of climate change and even predict the impact of extreme weather and help save lives.

Climavision uses 3rd Gen AMD EPYC™ processors to bring more data and smarter analysis to weather forecasting. The critical information helps industries like agriculture, transportation, insurance and risk, and renewable energy better prepare for extreme weather events by providing more accurate and timely data.

The AMD-powered LUMI Supercomputer arms climate researchers with cutting-edge computing power in the fight against climate change. Launched in 2022, the Destination Earth initiative aims to build a digital twin of the earth by 2030, down to the square kilometer. The first phase examines impacts from climate change through select use cases such as wildfires, energy grid mix, and urban heat island effect. The streamed climate simulation data can be used in decision-making when planning measures to adapt and mitigate climate change. In 2023, LUMI won the Readers’ Choice Top Energy Efficient HPC Achievement Award from HPC Wire.

Power Grid and Distribution

New approaches are needed to transmit power, incorporate renewable energy, and adapt to increasing extreme weather events disrupting electrical grids. AMD FPGAs and adaptive SoCs are helping to keep the lights on and improve the resilience and security of power grids in the face of increasing risks.

Schweitzer Engineering Laboratories (SEL) helps power companies keep the lights on, even in rural areas, with dependable power line protectors for both overhead and underground electrical lines. AMD FPGAs and adaptive SoCs help utilities quickly identify the source of line failures and proactively reduce downtime, thereby delivering reliable performance that helps SEL meet the requirements of its demanding customer base.

Hitachi Energy is developing High-Voltage Direct Current (HVDC) technology to enable high efficiency power transmission over long distances. HVDC helps increase energy security by integrating renewable energy sources and connecting remote power grids. AMD FPGAs and adaptive SoCs are used in Hitachi protection and control gear, transformers, switches, and converters, providing the processing power, flexibility, and long lifecycles that enable Hitachi Energy to deliver these systems worldwide.

Electric Vehicles

As the energy transition unfolds, there is a growing role for electric vehicles (EVs) to help reduce carbon emissions. To accommodate this demand, the EV charging infrastructure needs to expand, with more recharging points alongside roadways and in parking areas. These charging stations also need to enable faster, more efficient charging to power the next generation of EVs. This is where AMD technology is making a difference.

Advantech, a leading provider of single-board computers (SBCs) targeted for use in EV charging systems and stations, wanted to develop modular EV chargers for an infrastructure that can be deployed, serviced, and upgraded efficiently and economically. Built on AMD Ryzen™ Embedded R2000 Series processors, Advantech’s Single-Board Computers deliver high-performance compute and graphics versatility, helping system integrators to improve the design and efficiency of Level 3 rapid EV charging systems.

Eco-labels

AMD works closely with Original Equipment Manufacturers (OEMs) during product design and after product launch to increase the proportion of products meeting various eco-labels. As companies around the world look to incorporate sustainability requirements into their IT buying decisions, they may use standards such as ENERGY STAR, EPEAT, TCO Certified, and other standards and considerations in their public procurement tenders. Most eco-labels and certifications are evaluated at the system level (i.e., a computer or server), but the processor can contribute to how well a system performs on a given standard.

For example, AMD works with our customers to help improve ENERGY STAR ratings by optimizing processor energy efficiency, as measured at the system level, in conjunction with other components, and peripheral devices. AMD also helps OEMs to meet the system-level eco-label certification EPEAT, which includes environmental criteria such as supply chain greenhouse gas reductions, materials selection, and environmental management system certification.

Learn more at https://www.amd.com/en/corporate/corporate-responsibility/environmental-sustainability.html.

Originally published in AMD 2023-24 Corporate Responsibility Report.

BELLEVUE, Wash., October 4, 2024 /3BL/ – T-Mobile (NASDAQ: TMUS) announced donations totaling $50,000 to five nonprofit organizations in Idaho, southern Oregon and Utah that are making a difference in their communities. Canines with a Cause Utah, Faces of Hope Idaho, Idaho Humane Society, Kids Unlimited of Oregon and Ronald McDonald House Charities of Idaho will each receive $10,000 to support their vital programs and initiatives.

T-Mobile employees in the Mountain West area chose the organizations as recipients of the Difference Maker Award — a quarterly recognition program the Un-carrier started in 2023 to recognize top-ranked employees in business performance areas across the company. As part of the initiative, employees presented checks to the charities and participated in a day of service.

Employees have provided funding to organizations across Colorado, California, Hawaii, Washington, Virginia, Puerto Rico and now, the latest recipients in the Mountain West. To date, the Difference Maker Award has given $300,000 to a total of 30 charities across the U.S.

“The Difference Maker Award, which since launching last year has strengthened communities all around America, is all about making investments in our customers and creating good in their world,” said Jon Freier, President, T-Mobile Consumer Group. “It’s a privilege to recognize and cheer on our Mountain West teammates for their stellar contributions while empowering them to make T-Mobile, their communities and these five organizations better.”

Here’s a closer look at how each organization is making a difference.

Canines with a Cause: Pairs rescued dogs with military veterans living with Post Traumatic Stress Disorder (PTSD), Traumatic Brain Injury (TBI) and/or Military Sexual Trauma (MST) to become psychiatric service or assistance dogs, providing training classes completely free of charge across Salt Lake City, Utah, northern Nevada and northern Idaho.Faces of Hope: Provides a safety net of crisis services to men, women, and children experiencing domestic violence, sexual assault, child abuse, elder abuse, stalking or human trafficking across Boise and Meridian, Idaho.Idaho Humane Society: As one of the largest and oldest animal welfare organization and veterinary charity in the state, IHS is on a mission to advocate for the welfare and responsible care of animals, protect them from neglect and cruelty, and promote humane education, awareness, and compassion.Kids Unlimited of Oregon: This grassroots nonprofit supports children and families with integrated services that bridge school, afterschool and summer on a campus that provides education, afterschool programs, social-emotional supports, parent and family resources, early learning programs and community recreation, empowering children to learn, eat freshly prepared meals, play and dance, explore, dream and, ultimately, imagine their Unlimited futures across Southern Oregon.Ronald McDonald House Charities of Idaho: On a mission to keep families close to their child during a time of medical need. They have enough worries attending to complicated medical needs of their child, maintaining their jobs, caring for other children or family members, and keeping up with medical expenses — RMHC of Idaho cares for families offering them a safe and secure place for healing filled with hope and comfort, so they can focus on their ill or injured child. Last year, RMHC of Idaho served over 1,800 families and utilized over 2,300 volunteers to help around the House and Family Room.

Learn more about previous Difference Maker Award recipients and their selected nonprofits here and here.

Follow @TMobileNews on X, formerly known as Twitter, to stay up to date with the latest company news.

###

About T-Mobile

T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Mint Mobile. For more information please visit: https://www.t-mobile.com

Media Contact 
T-Mobile US, Inc. Media Relations 
MediaRelations@t-mobile.com

Investor Relations Contact 
T-Mobile US, Inc. 
Investor.Relations@t-mobile.com 
https://investor.t-mobile.com

In this episode of ESG Talk, Tom Rayner, founder of Sillion, a transition consultancy focused on corporate ESG, and Ian Plummer, the commercial director of Auto Trader Group, the largest automotive marketplace in the United Kingdom join Andie Wood. Tune in as they discuss the sustainability skills gap and share practical advice and lessons learned from successfully implementing a carbon literacy program for over 1,000 professionals.

Listen Now

Looking for more? Subscribe to the ESG Talk podcast on Apple, Spotify, and YouTube.

ESG Talk is brought to you by Workiva, the world’s only unified platform for financial reporting, ESG, audit, and risk. Learn more at workiva.com.

Monster Beverage Corporation 2023 Sustainability Report

At Monster Beverage we aim to use fewer resources in the production and sale of our beverages. We recognize the impact our business can have on the planet, as well as the impact the planet can have on our business. Our 2023 Sustainability Report details our sustainability journey and ongoing efforts. 

2023 was a year of remarkable achievements. We launched innovative new brands, achieved 9.6% growth in energy drink case sales (in 192-ounce case equivalents), saw a 36.9% increase in net income, and welcomed the Bang® brand into the Monster family. These successes would not have been possible without the dedication of our entire Monster Energy team across the globe. 

In early 2024, we committed to the Science Based Targets initiative (SBTi) to set an emissions reduction target in line with a 1.5-degree pathway within the next two years. We also joined the Beverage Industry Environmental Roundtable (BIER) to understand sustainability initiatives within the beverage sector. We conducted an inventory and analysis of our Scope 1, 2, and 3 GHG emissions across our business for 2022 and 2023, which required a deeper dive into our supply chain and operations. This process improved our oversight of the business and helped us to identify key sources of emissions. We are strategically working to reduce these emissions sources through initiatives that increase recycled content in our packaging, optimize our supply chain, increase use of renewable energy, and promote responsible water use and sourcing, all while improving efficiency and engaging team members across the business. 

Our growth and sustainability progress would not be possible without our incredible employees, partners, stakeholders, customers and consumers. Thank you for being a part of our journey.

2023 PROGRESS AND HIGHLIGHTS

Environmental

Submitted our official commitment letter to join the Science Based Targets Initiative (SBTi), indicating our ambition to set a near-term Scope 1 and Scope 2 greenhouse gas (GHG) reduction target in line with a 1.5- degree pathway within the next two years. We are currently developing our formal science-based target (SBT) for submission and approval.
 Installed operational solar panels at four company-owned buildings.
 Garnered recognition for our anaerobic digestor located at our AFF San Fernando facility, which was awarded as an outstanding renewable energy project by the nonprofit organization Energy Vision.
 As part of our initiative to collect and enhance our environmental data for both direct and indirect operations, we have successfully rolled out the three phases of our data collection process via our EcoBeast ™ platform.Phase 01: Engaged with over 100 Bottlers and co-packers to collect their energy and water use data across their manufacturing and distribution operations to improve our Scope 3 data collection and track emission reduction trends across our supply chain.Phase 02: Engaged with the top 25% of suppliers (by dollar spend) to collect energy and water use data to improve our Scope 3 data collection and track emission reduction trends across our supply chain.Phase 03: Onboarded our direct operations into EcoBeast to support data collection for our Scope 2 inventory.

Water Stewardship

Engaged with Waterplan, a digital water risk management platform.
 Conducted a water risk assessment of our direct operations. 
 Published a Water Stewardship Policy.

Social

Globally completed approximately 20,000 hours of training1 via Monster University, our e-learning platform which includes technical and career training and supports business acumen and professional development. 
 Globally recruited 803 participants in our mentorship program. 
 Invested in additional roles to support Diversity, Equity and Inclusion (DEI).

Philanthropy 

Through our employee Volunteer Time Off program, supported 2,715 volunteer hours 2 .

Governance

Joined Beverage Industry Environmental Roundtable (BIER), a technical coalition of global beverage companies.

Learn more about Monster Beverage Corporation’s sustainability progress in our Sustainability Report.

1Excludes hours associated with mentorship programs.

2U.S. and Canada only.

Published by Las Vegas Sands on September 24, 2024

On September 29, the United Nations observes International Day of Awareness of Food Loss and Waste Reduction 2024, which supports the U.N.’s Sustainable Development Goal 12 focusing on responsible consumption and production. The day aims to raise awareness and inspire action to reduce food waste and loss, and improve sustainability in the world’s food production systems.

Food loss is a significant issue, as the U.N. estimates 13.2% of food produced globally is lost between harvest and retail, and 19% of total global food production is wasted in households, food service and retail venues, representing multiple tons of edible food going to waste. Making the issue even more critical, the U.N. also estimates the number of people affected by hunger has risen steadily since 2014.

Reducing food waste is a core focus area of the Sands ECO360 global sustainability program and a key part of Sands’ overall priority on managing waste. The company aims to achieve a 25% reduction in food waste by 2025.

“Food represents one of our most significant waste streams, and managing food waste is a top priority,” Katarina Tesarova, senior vice president and chief sustainability officer, said. “Over the past year, we made significant progress in advancing toward our 2025 food waste reduction target through a variety of prevention, rescue and diversion programs.”

Sands’ commitment to addressing food waste focuses on two primary goals: minimizing food going to landfill and maximizing the value of food produced. To execute on these priorities, the company employs technology, processes, training and engagement, and measurement as key tools for managing the food life cycle.

Engaging Stakeholders

Sands’ food waste reduction strategy encompasses working with a variety of groups. To address food waste generated in Team Member dining rooms, Sands China improved processes to better handle food waste by rearranging sorting bins, and Marina Bay Sands upgraded tray cleaning and food sorting methods.

The regions also conducted Team Member education and engagement campaigns. Marina Bay Sands held a Food Waste Awareness Day and the Just Enough Challenge, while Sands China continued its quarterly plate waste challenge, which incentivizes food waste reduction by encouraging appropriate portion selections in Team Member dining rooms.

In addition, Sands’ resorts work with restaurant partners to responsibly handle food waste. At Marina Bay Sands, efforts include engaging with food court tenants to capture food waste in meal preparation, providing a coffee ground collection system and conducting engagement programs with leased outlets that produce food waste.

In Macao, Sands China has worked with restaurant partners at The Venetian® Macao and The Londoner Macao® to establish waste collection and disposal systems using the company’s food digesters.

Preventing Waste Through Alternative Uses

Another key reduction strategy is diverting usable food from going into waste streams by repurposing it in different methods. For example, Sands’ resorts partner with community organizations that help alleviate food insecurity for disadvantaged people.

Marina Bay Sands works with The Food Bank Singapore, and Sands China supports the Macau ECOnscious Community Fridge Project to provide regular donations of surplus food from catering operations and in-house kitchens. In 2023, Sands’ resorts donated over 9,000 kilograms of unserved food and 86,900 kilograms in total since 2014.

At the company’s Las Vegas headquarters, food waste from the Team Member café is segregated and diverted to a pig farm for alternate uses.

Accelerating to Zero Food Waste in Singapore

In Singapore, Marina Bay Sands is pursuing a multi-year program to divert 100% of its food waste. The resort has worked with more than 30 company-owned food and beverage outlets to understand kitchen operational challenges, improve accessibility to food waste bins, and increase dialogue and collaboration around food waste.

Building on these efforts, Marina Bay Sands introduced a monthly waste profiles program for 17 food and beverage outlets last year. The team conducted random sampling to capture daily food waste percentages, and monthly trend reports provided insights, encouraging responsibility around waste processing. After the program’s initiation, food waste diversion increased from 33% in January 2023 to 54% in December 2023.

Tackling Food Waste Challenges

Since returning to normal business levels in 2023, Sands’ resorts have generated more food waste, requiring new approaches to address the increase in volume. For example, when The Parisian Macao® reopened the Le Buffet restaurant in 2023, the introduction of fresh coconut juice generated 3,000 used coconut shells per week – nearly 5% of the property’s food waste.

In exploring solutions, Sands China conducted trials to repurpose shells as mulch for landscaping. The team worked with local vendors that provided various mechanisms to process coconuts into small pieces for shredding into mulch.

Though trials determined the potential to produce significant amounts of mulch annually, the mulch bags provided to the landscaping team were much lighter than typical mulch, resulting in a higher re-fill rate. Sands China continues to work with vendors to explore mulching options, as well as opportunities to convert coconuts into other products that could be repurposed in its operations.

“We continually face new challenges and opportunities in our ongoing efforts to reduce food waste, but the multifaceted efforts we are pursuing have resulted in significant progress toward our 2025 target,” Tesarova said. “We also continually set new targets that stretch our impact, so our food waste program is an ongoing quest to do and achieve more through the core tenets of stakeholder engagement, innovation in our solutions and diligence in our processes.”

To learn about Sands’ other strategies to reduce waste and address environmental priorities, read the company’s 2023 ESG Report: https://www.sands.com/resources/reports/.

Case IH, a brand of CNH, showcased its products to some of the most important companies in the agro-industrial and livestock sector in Uruguay.

The brand attended the 119th Expo Rural Prado, the International Livestock Exhibition and Agro-industrial and Commercial Exhibition organized by the Rural Association of Uruguay (ARU) in Montevideo. The event was a great chance to discuss developments in technology and efforts to increase sustainability in farming.

Case IH highlighted the Farmall tractor line.

“Expo Prado is the most important genetics fair in the country, where the vast majority of livestock customers attend given the characteristics of the region. But it is also a very traditional social-business event that gives us the opportunity to continue interacting with our customers,” said Fermín Lafitte, director of Pertilco S.A.

“It is essential to share with customers and producers a fair of these characteristics to listen to them and learn about their needs, in addition to exhibiting our products and offering the power and performance with the distinctive premium design of Case IH,” said Rodrigo Lanciotti, Marketing Manager.

The 119th edition of the expo stood out for highly productive days, including conferences, technical talks, training, livestock activities, in addition to showing the latest developments and advances in technology, machinery, agro-inputs and services.

Mastercard Center for Inclusive Growth

Predictions of the artificial intelligence boom from just two years ago were prone to extremes: On one hand, there were rose-color-tinged tales of AI solving every problem, and on the other, dystopian visions of a world ruled by robots. Both seem to have crashed into reality.

At the third annual Impact Data Summit hosted by the Mastercard Center for Inclusive Growth at the company’s Tech Hub in Manhattan, “pragmatic optimism” and “idealistic realism” were the watchwords.

Held during United Nations Week, the summit drew leaders from across politics, multilateral organizations, academia, nonprofits and the tech world to share insights on how to use technology and data for good. Discussions ranged from narrowing the data inequality gap to cultivating future data talent to responsible regulation. The day was laced with real-world examples of inclusive AI in action and how public-private partnerships can accelerate impact.

For example, an initiative called DISHA, or Data Insights for Social Humanitarian Action, brings together technologists, academics, philanthropists and other partners to scale AI products. DISHA, led by the U.N. Global Pulse innovation lab, recently unveiled a new product that identifies damaged buildings from satellite images following a disaster event six times faster than on-the-ground experts, said Katya Klinova, who leads data and AI efforts for the lab.

“Humanitarians need this analysis as soon as possible,” she said. “Every hour can mean the difference between lives saved and lost, and these projects only become possible when, across many organizations, people work as one team.”

In Rwanda, global AI consultancy Sand Technologies wanted to pilot a “clinic in a box” — a way of harnessing AI in rural areas to supercharge diagnostics, said founder and CEO Fred Swaniker.

Today, Swaniker said, the health ministry can see how many babies were born on a given day and where disease is flaring by district. “It’s shifted the entire healthcare system from being reactive and expensive to be more predictive and preventative — and at large scale.”

Here are four takeaways on how to harness AI and data science responsibly, inclusively and in ways that will benefit the most people:

01 
People facing the challenge need to be part of the solution

A recent report revealed that AI will add $15.7 trillion to the global economy, said Gayan Peiris, an advisor for data, technology and AI to the U.N. Development Programme. However, only 10% will benefit from it, he said: “We need to ensure we build a future where our global south is not just users of AI, they are part of this.”

In India, Manu Chopra co-founded the AI nonprofit Karya, which pays its Indian workers, many of them women, far above the minimum wage to train AI systems. One project employed 30,000 low-income women across six language groups, and the resulting AI model was “less misogynistic, it’s more intentional,” he said. “It serves our communities better.”

It’s particularly important to listen to and support young people, because the stakes are highest for them. Rumman Chowdhury is U.S. Science Envoy for artificial intelligence and the co-founder and CEO of Humane Intelligence, and she discussed a recent visit to the South Pacific, where she met with young tech entrepreneurs who were developing AI-powered solutions to address the region’s challenges with rising sea levels.

“One young woman was pitching a hydroponics AI startup that actually was already yielding cheaper and more bioavailable vegetables,” Chowdhury says. “So they are the ones that are tackling the big problems, because the big problems overwhelmingly face them.”

02 
Innovation doesn’t mean reinventing the wheel

“Is that an AI-shaped problem?” is a question Sam Miller’s colleagues would often ask. Miller is the director of Google DeepMind Impact Accelerator, and she said some challenges just aren’t relevant to AI.

Swaniker agreed. Just because generative AI is new and exciting doesn’t mean it’s right for the job, he said. “People have suddenly forgotten that AI has been around for 40 years, and there’s a lot of other tools before large language models. Large language models are almost like a hammer looking for a nail … Start with the problem, not the technology.”

That was echoed later in the day by Caitlin Augustin, the vice president of products and programs at Datakind, which uses data science and AI to improve the capabilities, reach and scale of social impact organizations. “That is the key to making AI, to making any solution available to all – you have to build it in the context that it will be used,” she said. Don’t build a complex model for an organization with connectivity issues. Don’t build a tool for the desktop if your clients are all mobile phone users. “You have to invest in solving the problem, and build the solution to match the context it will be used in.”

03 
Responsible regulation builds trust

You wouldn’t want to board a plane if there were no safety rules in place, said Caroline Louveaux, Mastercard’s chief privacy and data responsibility officer. “Good regulation can benefit everyone,” she said, adding that it can boost trust and provide legal certainty, and should be aimed at areas that present real risk to people, like hiring and health care. Standardizing regulations globally is equally important: “AI does not have any borders, so we need to have consistency as much as possible,” she said.

What else is missing from the discussions about ethical AI? Standardized measurements and benchmarking and a strong audit and certification ecosystem, said Navrina Singh, the CEO and founder of Credo AI, a startup that builds software that provides oversight and accountability of AI systems. “There’s amazing new governance structures that companies are putting in place, but as you look inside the hood, you see all these measurements are missing.”

In a separate panel on global coordination of data standards, Dana Imad Hamzah, the assistant undersecretary of the Kingdom of Bahrain’s Ministry of Sustainable Development, pointed to the work her country is doing to understand the data they have and how to ensure it’s accurate, accessible and fit to deliver valuable insights.

“There’s such need for someone to take on ownership and coordination of standard-setting and consistent approaches,” said Payal Dalal, the executive vice president of global programs for the Center for Inclusive Growth, who led the panel. “It sounds like in Bahrain, you’ve got a blueprint and a template that many other governments can follow so that we can really harness the power of data.”

04 
Despite geopolitical changes, cooperation is necessary for inclusive AI

“It’s instructive to look at the lessons learned,” said Jon Huntsman, Mastercard’s vice chairman and president for Strategic Growth. “What has [technology] done for humanity? Where has it misfired? What governing structures have been good versus less good? Let history be our guide … The inclusive nature of what we’re embarking on must be part of it. The divisions globally are too profound.”

Carme Artigas Brugal, the co-chair of the U.N.’s co-chair AI Advisory Body, echoed his remarks. “We can compete for market share. We can compete for technology leadership, but we cannot compete for safety, and we cannot compete for human rights.”

We are only beginning to realize the societal impacts of technology, from mental health changes to shifts in the workplace, and that requires a sophisticated understanding of technology’s implications and a global dialogue about the benefits of AI and how they can be shared, particularly in Africa, said Amandeep Singh Gill, the U.N. Secretary-General’s envoy on technology. “By investing there, we can make sure we get our AI future right.”

Originally published by the Mastercard Center for Inclusive Growth

Follow the Mastercard Center for Inclusive Growth’s journey to advance equitable and sustainable economic growth and financial inclusion around the world by following us on LinkedIn and Instagram.

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.