Tag: 3BL

AMSTERDAM, HONG KONG, and OAKLAND, Calif., November 13, 2024 /3BL/ – Cascale (formerly the Sustainable Apparel Coalition), the global nonprofit alliance for the consumer goods industry, and Worldly, the planet’s most comprehensive sustainability data insights platform, have published an analysis of California’s new climate laws, which are set to reshape corporate environmental reporting in the United States. The paper examines the implications of two key laws—the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261)—which will require businesses operating in California to disclose greenhouse gas (GHG) emissions and assess climate-related financial risks.

This timely analysis provides critical insights for companies, especially in the consumer goods industry, as they navigate the increasing demands for transparency and environmental accountability. The paper offers a view into how Cascale’s Higg Index tools, exclusively available on Worldly, and the Product Impact Calculator can help businesses prepare for the regulations.

Why California’s Climate Laws Matter

California’s climate laws represent a major shift in corporate environmental responsibility, going beyond current federal standards and establishing new benchmarks for GHG emissions reporting in the United States. As California leads the way, businesses across the U.S. must prepare for these changes, which could influence future national and global reporting requirements.

“These laws are a critical step forward for addressing climate impacts, not just for the U.S. but globally,” said Elisabeth von Reitzenstein, senior director of policy and public affairs at Cascale. “California’s Climate Accountability Package arrives at a pivotal time, as businesses worldwide face growing pressure to demonstrate their climate commitments. By requiring companies to disclose GHG emissions across their entire supply chain, California is setting a new benchmark for transparency and accountability. While global harmonization remains our ultimate goal, we acknowledge national and regional specifics to ensure progress. Strengthening enforcement at the national level, while drawing on established global standards and industry initiatives, will therefore be key to driving meaningful progress on combating climate change.”

The analysis breaks down the core components of the legislation. SB 253 applies to companies with over $1 billion in revenue and mandates disclosure of Scope 1, 2, and 3 GHG emissions, while SB 261 requires companies with at least $500 million in revenue to submit biennial climate risk assessments. These laws pose challenges for businesses with complex supply chains, such as those in the apparel, footwear, textiles, and wider consumer goods industries, as businesses must now track emissions data across their entire value chain. The report also explores the legal challenges to the laws and examines how the outcome of the U.S. Presidential election may impact broader climate regulations at the federal level.

The Time to Prepare Is Now

With key deadlines for compliance quickly approaching, businesses must take proactive steps to prepare. Cascale and Worldly are committed to supporting companies in understanding and meeting new requirements through practical solutions, industry expertise, and strategic guidance. The Higg Product Tools, the Higg Facility Environmental Module (Higg FEM), and the Product Impact Calculator, exclusively available on Worldly, can help businesses prepare for the regulations as they understand where their supply chain emissions are coming from and identify opportunities for improvement.

“The California climate laws are part of the growing global pattern of holding businesses accountable for their environmental impacts,” said JR Siegel, VP of Sustainability at Worldly. “To understand their impact reduction opportunities and report Scope 3 emissions more accurately, businesses need primary data from across their entire supply chains.”

Download the Full Report Today

To support businesses in navigating these new regulations, Cascale and Worldly have made the full deep dive analysis available for download. This report details the Climate Accountability Package, including SB 253 and SB 261, and explores the impact of both laws on the apparel and footwear industry. It also offers guidance on how companies can begin preparing for these reporting requirements.

Button: Download the full publication.

ABOUT CASCALE

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

ABOUT WORLDLY

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

Sports have long served as a catalyst for inspiration, unity, and community empowerment. The influence of Latino leaders in this arena is more significant than ever, reshaping the landscape and redefining what it means to lead in sports.

This year, AEG’s Urel Martinez, Chief Revenue Officer of LA Galaxy, was recognized in Hispanic Executive’s prestigious 2024 Latinos in Sports annual series. Martinez was celebrated alongside 30 other distinguished sports executives, for his pivotal role in driving change and innovation within the industry.

“Being recognized among fellow Latinos in the sports industry is a testament to the power of diversity in driving success,” said Martinez. “Together, we can inspire the next generation of leaders and elevate our communities through business and sport.”

Under Martinez’s leadership, AEG’s LA Galaxy is coming off its highest grossing revenue season in club history.

To learn more about the Latinos in Sports annual series, please click here.

Sports have long served as a catalyst for inspiration, unity, and community empowerment. The influence of Latino leaders in this arena is more significant than ever, reshaping the landscape and redefining what it means to lead in sports.

This year, AEG’s Urel Martinez, Chief Revenue Officer of LA Galaxy, was recognized in Hispanic Executive’s prestigious 2024 Latinos in Sports annual series. Martinez was celebrated alongside 30 other distinguished sports executives, for his pivotal role in driving change and innovation within the industry.

“Being recognized among fellow Latinos in the sports industry is a testament to the power of diversity in driving success,” said Martinez. “Together, we can inspire the next generation of leaders and elevate our communities through business and sport.”

Under Martinez’s leadership, AEG’s LA Galaxy is coming off its highest grossing revenue season in club history.

To learn more about the Latinos in Sports annual series, please click here.

Alzheimer’s Intelligence project demonstrates how smarter AI can empower people and give different communities a voice around future innovation

November 13, 2024 /3BL/ – At Lenovo Tech World, Lenovo™ in collaboration with Innovations in Dementia, launched Alzheimer’s Intelligence, a photorealistic 3D avatar with custom AI based on the lived experiences of people with dementia and Alzheimer’s. This proof-of-concept project gives people and families navigating a diagnosis of dementia 24-hour access to a conversational avatar that offers curated advice that prioritizes accuracy, privacy, and compassion.

“Globally there are around 55 million people living with dementia, and that number is expected to reach 139 million by 2050,” said Dr. David Llewellyn, Professor of Clinical Epidemiology and Digital Health at the University of Exeter. “The AI advancements in Lenovo’s ‘Alzheimer’s Intelligence’ initiative demonstrate how technology has the potential to enhance human interaction, offering a valuable tool to support individuals living with dementia, both in the present and future.”

In this first-of-its-kind application, Lenovo pioneered the use of AI made possible by its comprehensive portfolio of technology solutions, from individual to enterprise. The combined technology aggregates firsthand experience and advice from hundreds of real people living with dementia and Alzheimer’s into a responsive, photoreal 3D avatar capable of having an unscripted, natural conversation. With this proof of concept, a person diagnosed with dementia is just a click away from a real-time conversational resource and aid.

“With recent and ever-growing advancements in AI, we must harness this technology purposefully and responsibly for communities that may be overlooked by innovative technology,” said Doug Fisher, Chief Security and AI Officer at Lenovo. “This is part of our commitment to delivering Smarter AI for All—developing and deploying technology that can empower everyone at every scale.”

The avatar was created from a composite of images of 10 people living with dementia and Alzheimer’s. From the initial pose of each image, generative AI extrapolated faces for several thousand other expressions and angles inspired by the subject. These were then aggregated into one dataset, which blends with the face of a filmed performer to create the image of “Liv,” the AI avatar.

A large language model (LLM) dataset of the advice Liv can impart was created using data that came directly from experiences of people living with dementia, including entries from Innovations in Dementia’s Dementia Diaries project and in-depth panel interviews. Each time a user asks a question (via Speech-to-text), the LLM queries the dataset to provide text-based answers to the user’s question, expressed using the language of the “persona” created for Liv, and based on the knowledge base built for Liv. The replies are then voiced using a vocal synth created for the project. “Sentiment analysis” is used to analyse the underlying feeling of the reply, which is reflected in the facial expression of the AI when it speaks. Finally, real time 4k visual AI is used to allow the speech generated by the vocal synth to appear to be spoken in real time.

Alzheimer’s Intelligence will allow people who have recently been diagnosed with dementia to ask the questions that only someone who has lived with the disease can answer, including understanding day-to-day challenges, discussing the disease with family, and exploring new hobbies. Crucially, the entire experience was designed to be accessible, requiring minimal tech expertise and prioritizing natural, familiar interaction.

The avatar is currently being trialled by people with dementia in a controlled environment with the goal of making it more publicly available in the future. The making of the project and initial interactions have been captured in the films linked below.

The Alzheimer’s Intelligence project offers a new way to easily access valuable insight sourced from data based on real people living with dementia and Alzheimer’s. While the information is wide-ranging, the development team took great care to apply clear guardrails to the AI and ensure no medical advice is offered by the avatar. This included working closely with Dr. Llewellyn and Innovations in Dementia, who both advised and consulted on the avatar build and testing.

The AI was trained and tested for this specific use case, and the project was designed and brought to life with Lenovo devices, services, software, servers, and cloud solutions. This is the first time ever that Lenovo AI-ready solutions have come together to develop an avatar of this kind. Devices and solutions include:

Lenovo’s tech partner Kaleida, who led the development of the avatar and underlying AI, leveraged Lenovo’s AI professional services to support the processes and securityThinkStation P7server, ThinkPad T14s Gen 6, and ThinkPad X1 Carbon Gen 12 AIPC laptops, as well as Lenovo Legion and ThinkVision monitors and accessories.

“When people are first diagnosed with dementia, they can feel lost, with so many questions about what is happening. This AI doesn’t replace human contact but what it does do is offer a knowledgeable and compassionate source of assurance and advice based directly on the experiences and wisdom of other people with dementia.” said Steve Milton, Director, Innovations in Dementia. “It’s great to see tech leaders like Lenovo prioritising such an innovative use of AI in a way that not only recognises and the expertise of people with dementia but harnesses it in such a unique way to support others when they need it most.”

Innovations in Dementia state that around 20% of people who come to them are under 65 and may live for many years with the condition. The NGO promotes a positive but realistic view of dementia: although it is life changing, it does not have to be life ending.

“We recognize the importance of giving everyone a voice in innovation,” said Doug Fisher at Lenovo. “With huge advancements in AI and smarter technologies, now is the time to explore and pilot creative new ways to use technology like AI thoughtfully and responsibly, for the greater good. Ultimately, it’s about re-imagining a future where technology is for—and from—all, giving everyone a voice in what they want from the most transformative technology of our generation.”

Gail Gregory and Ahmad Krayem, focus group participants comment:

“It’s so important to have real people involved in the creation of the avatar. Because the people with dementia are the experts. We’re the ones living with it. You can’t just grab things from a textbook because it’s not real. It must be real. And the more realistic it is the more relatable it is. I think it is going to be a very useful tool, especially for people living on their own because they’ve got nobody to ask,” Gail Gregory.“I want to help other people who have been recently diagnosed with dementia and reassure them that it is not something to be afraid of. A doctor can tell you what medication to take. But only people living with dementia, can tell you what they are exactly going through,” Ahmad Krayem.

The participants in this film include:

Gail Gregory: Diagnosed with Alzheimer’s at age 55, Gail also subverts the commonly-held stereotypes of a person living with dementia. She can broach serious topics with humour, and is candid in her opinions and struggles.Ahmad Krayem: Ahmad was only diagnosed with early onset in his early 60s after insistence from his wife, who was a pharmacist, that he should go for a check-up. Ahmad found stopping work a big challenge and has been through a journey of denial and acceptance. He talks passionately about helping others who’ve gone through this.

Alzheimer’s Intelligence is a proof-of-concept tool and is not publicly available, but for anyone looking to hear from people living with Alzheimer’s or dementia diagnosis, can contact Innovations in Dementia (UK) or Alzheimer’s Association (US).

Examples of interactions with the avatar:

Q: I keep forgetting to take my pills. How can I remember?

A: It’s quite common to forget things like taking medication. Perhaps setting a routine could help, like taking your pills with a meal or at the same time each day. You could also try setting an alarm or reminder on your phone. There are pill organisers, too, which can be useful. Would one of those options suit you, do you think?

Q: How do I talk about my diagnosis with friends and family?

A: Talking about your diagnosis with friends and family can be a daunting task, but it can also help to bring support and understanding. Start by sharing how you feel today and maybe a bit about what you’ve learned about your condition. Encourage them to ask any questions, as this can help them understand what you’re going through. It’s okay to be honest about any fears or concerns you have, as well. Do you think that might be helpful?

About Lenovo

Lenovo is a US$57 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a pocket-to cloud portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

Alzheimer’s Intelligence project demonstrates how smarter AI can empower people and give different communities a voice around future innovation

November 13, 2024 /3BL/ – At Lenovo Tech World, Lenovo™ in collaboration with Innovations in Dementia, launched Alzheimer’s Intelligence, a photorealistic 3D avatar with custom AI based on the lived experiences of people with dementia and Alzheimer’s. This proof-of-concept project gives people and families navigating a diagnosis of dementia 24-hour access to a conversational avatar that offers curated advice that prioritizes accuracy, privacy, and compassion.

“Globally there are around 55 million people living with dementia, and that number is expected to reach 139 million by 2050,” said Dr. David Llewellyn, Professor of Clinical Epidemiology and Digital Health at the University of Exeter. “The AI advancements in Lenovo’s ‘Alzheimer’s Intelligence’ initiative demonstrate how technology has the potential to enhance human interaction, offering a valuable tool to support individuals living with dementia, both in the present and future.”

In this first-of-its-kind application, Lenovo pioneered the use of AI made possible by its comprehensive portfolio of technology solutions, from individual to enterprise. The combined technology aggregates firsthand experience and advice from hundreds of real people living with dementia and Alzheimer’s into a responsive, photoreal 3D avatar capable of having an unscripted, natural conversation. With this proof of concept, a person diagnosed with dementia is just a click away from a real-time conversational resource and aid.

“With recent and ever-growing advancements in AI, we must harness this technology purposefully and responsibly for communities that may be overlooked by innovative technology,” said Doug Fisher, Chief Security and AI Officer at Lenovo. “This is part of our commitment to delivering Smarter AI for All—developing and deploying technology that can empower everyone at every scale.”

The avatar was created from a composite of images of 10 people living with dementia and Alzheimer’s. From the initial pose of each image, generative AI extrapolated faces for several thousand other expressions and angles inspired by the subject. These were then aggregated into one dataset, which blends with the face of a filmed performer to create the image of “Liv,” the AI avatar.

A large language model (LLM) dataset of the advice Liv can impart was created using data that came directly from experiences of people living with dementia, including entries from Innovations in Dementia’s Dementia Diaries project and in-depth panel interviews. Each time a user asks a question (via Speech-to-text), the LLM queries the dataset to provide text-based answers to the user’s question, expressed using the language of the “persona” created for Liv, and based on the knowledge base built for Liv. The replies are then voiced using a vocal synth created for the project. “Sentiment analysis” is used to analyse the underlying feeling of the reply, which is reflected in the facial expression of the AI when it speaks. Finally, real time 4k visual AI is used to allow the speech generated by the vocal synth to appear to be spoken in real time.

Alzheimer’s Intelligence will allow people who have recently been diagnosed with dementia to ask the questions that only someone who has lived with the disease can answer, including understanding day-to-day challenges, discussing the disease with family, and exploring new hobbies. Crucially, the entire experience was designed to be accessible, requiring minimal tech expertise and prioritizing natural, familiar interaction.

The avatar is currently being trialled by people with dementia in a controlled environment with the goal of making it more publicly available in the future. The making of the project and initial interactions have been captured in the films linked below.

The Alzheimer’s Intelligence project offers a new way to easily access valuable insight sourced from data based on real people living with dementia and Alzheimer’s. While the information is wide-ranging, the development team took great care to apply clear guardrails to the AI and ensure no medical advice is offered by the avatar. This included working closely with Dr. Llewellyn and Innovations in Dementia, who both advised and consulted on the avatar build and testing.

The AI was trained and tested for this specific use case, and the project was designed and brought to life with Lenovo devices, services, software, servers, and cloud solutions. This is the first time ever that Lenovo AI-ready solutions have come together to develop an avatar of this kind. Devices and solutions include:

Lenovo’s tech partner Kaleida, who led the development of the avatar and underlying AI, leveraged Lenovo’s AI professional services to support the processes and securityThinkStation P7server, ThinkPad T14s Gen 6, and ThinkPad X1 Carbon Gen 12 AIPC laptops, as well as Lenovo Legion and ThinkVision monitors and accessories.

“When people are first diagnosed with dementia, they can feel lost, with so many questions about what is happening. This AI doesn’t replace human contact but what it does do is offer a knowledgeable and compassionate source of assurance and advice based directly on the experiences and wisdom of other people with dementia.” said Steve Milton, Director, Innovations in Dementia. “It’s great to see tech leaders like Lenovo prioritising such an innovative use of AI in a way that not only recognises and the expertise of people with dementia but harnesses it in such a unique way to support others when they need it most.”

Innovations in Dementia state that around 20% of people who come to them are under 65 and may live for many years with the condition. The NGO promotes a positive but realistic view of dementia: although it is life changing, it does not have to be life ending.

“We recognize the importance of giving everyone a voice in innovation,” said Doug Fisher at Lenovo. “With huge advancements in AI and smarter technologies, now is the time to explore and pilot creative new ways to use technology like AI thoughtfully and responsibly, for the greater good. Ultimately, it’s about re-imagining a future where technology is for—and from—all, giving everyone a voice in what they want from the most transformative technology of our generation.”

Gail Gregory and Ahmad Krayem, focus group participants comment:

“It’s so important to have real people involved in the creation of the avatar. Because the people with dementia are the experts. We’re the ones living with it. You can’t just grab things from a textbook because it’s not real. It must be real. And the more realistic it is the more relatable it is. I think it is going to be a very useful tool, especially for people living on their own because they’ve got nobody to ask,” Gail Gregory.“I want to help other people who have been recently diagnosed with dementia and reassure them that it is not something to be afraid of. A doctor can tell you what medication to take. But only people living with dementia, can tell you what they are exactly going through,” Ahmad Krayem.

The participants in this film include:

Gail Gregory: Diagnosed with Alzheimer’s at age 55, Gail also subverts the commonly-held stereotypes of a person living with dementia. She can broach serious topics with humour, and is candid in her opinions and struggles.Ahmad Krayem: Ahmad was only diagnosed with early onset in his early 60s after insistence from his wife, who was a pharmacist, that he should go for a check-up. Ahmad found stopping work a big challenge and has been through a journey of denial and acceptance. He talks passionately about helping others who’ve gone through this.

Alzheimer’s Intelligence is a proof-of-concept tool and is not publicly available, but for anyone looking to hear from people living with Alzheimer’s or dementia diagnosis, can contact Innovations in Dementia (UK) or Alzheimer’s Association (US).

Examples of interactions with the avatar:

Q: I keep forgetting to take my pills. How can I remember?

A: It’s quite common to forget things like taking medication. Perhaps setting a routine could help, like taking your pills with a meal or at the same time each day. You could also try setting an alarm or reminder on your phone. There are pill organisers, too, which can be useful. Would one of those options suit you, do you think?

Q: How do I talk about my diagnosis with friends and family?

A: Talking about your diagnosis with friends and family can be a daunting task, but it can also help to bring support and understanding. Start by sharing how you feel today and maybe a bit about what you’ve learned about your condition. Encourage them to ask any questions, as this can help them understand what you’re going through. It’s okay to be honest about any fears or concerns you have, as well. Do you think that might be helpful?

About Lenovo

Lenovo is a US$57 billion revenue global technology powerhouse, ranked #248 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a pocket-to cloud portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

MIDLAND, Mich., November 13, 2024 /3BL/ – Dow (NYSE: DOW) was recently honored with a Leading Disability Employer Seal by the National Organization on Disability (NOD), marking the eighth consecutive year Dow has received this recognition.

This recognition spotlights the transformative contributions made by business leaders in promoting employment opportunities for individuals with disabilities. It also honors those organizations that prioritize diversity, equity and importantly, accessibility – setting a high standard for others to follow.

The Leading Disability Employer Seal is granted based on the NOD Employment Tracker™, a comprehensive assessment tool that evaluates key business practices related to hiring, retention, and advancement of people with disabilities. Scoring prioritized practices that are associated with increased disability employment outcomes over time, and companies received additional points based on the percentage of people with disabilities in their workforce. Dow scored highly when considering disability employment strategy, practices and performance.

“It is an honor to receive this recognition for an eighth consecutive year” said John Sampson, executive sponsor for Dow’s Disability Employee Network and senior vice president of Operations, Manufacturing and Engineering. “We are proud to be named a Leading Disability Employer and are committed to fostering a workplace of inclusion, equitable opportunity and accessibility.”

In addition to Dow’s HR policies and talent acquisition programs, the DEN employee resource group aims to empower employees with disabilities and to raise awareness and educate about disabilities to create better allies.

“We’re incredibly grateful to Dow for their commitment to disability inclusion,” said Beth Sirull, chief executive officer and president, National Organization on Disability. “We believe that diversity fuels innovation and growth, and Dow embodies this vision in action. We applaud their efforts and investments to provide pathways to fulfilling careers for Americans with disabilities.”

Visit Dow’s website for additional information on the Company’s commitment to inclusion and diversity and to explore the Company’s 2023 INtersections Progress Report.

About The NOD Employment Tracker™

The NOD Employment Tracker benchmarks organizations of any size in six disability and veterans’ inclusion focus areas, including strategy, talent outcome metrics, climate and culture, talent sourcing, people practices and workplace tools and accessibility. All participating companies receive a Tracker Scorecard to develop plans and priorities for improving employment practices and policies. The 2025 Employment Tracker will open this fall; completion of the Tracker is required to qualify for the NOD Leading Disability Employer Seal Award. To learn more, visit www.nod.org/tracker

About the National Organization on Disability (NOD)

The National Organization on Disability (NOD) is a nonprofit organization that seeks to increase employment opportunities for the millions of Americans with disabilities. NOD offers a suite of employment solutions, tailored to anticipate, and meet leading companies’ workforce needs. NOD has helped some of the world’s most recognized brands be more competitive in today’s global economy by building or enriching their disability inclusion programs. For more information about NOD and how its portfolio of workforce solutions, Leadership Council, Employment Tracker™, and Engagement Survey can help your business, visit www.nod.org.

About Dow

Dow (NYSE: DOW) is one of the world’s leading materials science companies, serving customers in high-growth markets such as packaging, infrastructure, mobility, and consumer applications. Our global breadth, asset integration and scale, focused innovation, leading business positions and commitment to sustainability enable us to achieve profitable growth and help deliver a sustainable future. We operate manufacturing sites in 31 countries and employ approximately 35,900 people. Dow delivered sales of approximately $45 billion in 2023. References to Dow or the Company mean Dow Inc. and its subsidiaries. Learn more about us and our ambition to be the most innovative, customer-centric, inclusive, and sustainable materials science company in the world by visiting www.dow.com.

###

For further information, please contact:

Sarah Young
Dow
syoung3@dow.com

At Delmarva Power, we’re dedicated to supporting local nonprofits and organizations. Whether they’re providing critical educational experiences for bilingual students or supporting young people as they work towards their goals, they’re making a real difference in the lives of our community members, and we’re proud to empower their work.

Learn more about the work we do in our community here.

La Academia

Academia Antonia Alonso Charter School (La Academia) is a public charter school (K-8) in Newark, Delaware that nurtures bilingualism, biliteracy, and multiculturalism in children. La Academia’s unique approach to education integrates an English and Spanish Immersion Program in grades K-5 and a Spanish as a Foreign Language Program in grades 6-8, fostering a joyful learning environment for all students.

We are delighted to have partnered with The Cal Ripken, Sr. Foundation to establish a new STEM Center within the La Academia community—which supports science, technology, engineering, and math education and introduces students to concepts and tools necessary to succeed for years to come.

Learn more about La Academia here.

Junior Achievement of Delaware

Junior Achievement of Delaware helps young people discover what’s possible in their lives by helping them connect what they learn in school to life outside the classroom. By providing education in financial literacy, career readiness, and entrepreneurship, Junior Achievement of Delaware is helping young people confidently build the life of their dreams.

We are excited to have partnered with Junior Achievement of Delaware to host multiple job shadow days, which expose hundreds of students each year to various career opportunities.

Learn more about Junior Achievement of Delaware here.

Junior Achievement of Eastern Shore

Junior Achievement of Eastern Shore believes in the boundless potential of young people. Through partnerships and collaboration, they provide hands-on learning aimed at building skills in economics, entrepreneurship and more.

Delmarva Power and Junior Achievement of the Eastern Shore’s relationship goes back to the founding of the organization. Over the years, our employees have volunteered their time teaching financial literacy curriculum to students. Just last year, Delmarva Power opened a new storefront in the Perdue Henson Junior Achievement Center offering students an interactive educational opportunity to learn about the utility industry.

Learn more about Junior Achievement of Eastern Shore here.

Eric Spaner is a military veteran who is passionate about fostering community and inclusivity at Henkel and beyond. A mentor and leader, he works daily to help advocate for fellow veterans, build meaningful connections, and raise awareness about their experiences.

Our purpose is what unites us at Henkel North America: Pioneers at heart for the good of generations. Our pioneering spirit is reflective of the diverse backgrounds, experiences and talents of our employees and partners. They dare to make an impact on the world by collaborating to tackle challenges, find solutions and open new perspectives.

Their contributions allow us to deliver products, services and innovations that enrich and improve everyday life. We invite you to “meet” our pioneers in our series, “Pioneers for Good.”

Introducing Eric

After five years of service in the US Army Eric Spaner was faced with a reality many veterans have to navigate; finding stability and work in civilian life. As he and his wife were expecting their first child – it was critical for him to find a career path where he would be able to transfer his skills from the military.

Through time, patience, and support from his community, Eric transformed nearly a decade of service into a career that excites and motivates him. In March 2022 he joined Henkel and is a Senior Project Manager for Adhesive Technologies North America. He has also found great purpose in advocating for veterans as President of Henkel’s Military Employee Resource Group (ERG) and through community engagement programs outside of work.

Driving Impact Through “Little Moments”

Eric finds value in what he calls the “little moments” – meaningful experiences that pack a transformative punch. Whether he is introducing the Military ERG to new members, sharing military traditions, connecting with veterans, or using the power of advocacy groups to reach people in need, Eric is passionate about fostering community and belonging.

One memorable moment with Henkel’s Military ERG is a recent initiative, spearheaded by Dana Kunz, with Foster Grandparents – a program organized by Community Action of Southern Kentucky that engages senior citizens to help mentor youth in underprivileged communities. The group donated over fifty care boxes complete with essential personal care products from Henkel Consumer Brands. In addition to the care packages, the ERG organized the donation of a new washer and dryer to a foster grandparent affectionately known as Ms. Flo, who had lost everything in a house fire only one year ago.

Reflecting, Eric says, “It was an honor to help her. Despite her hardships, Ms. Flo’s spirits were unwaveringly high. She was dancing and made everyone feel so welcome. It was a special and emotional moment for everyone involved.”

Eric continues to create impactful moments with different ERGs across Henkel. “I am extremely grateful and proud to be a member of the Military ERG because of the community that makes up the group. It’s a collective effort of a passionate team.”

This month, the Military ERG and the Awareness of Visible and Invisible Disabilities (AVID) ERG, are hosting a virtual event to raise awareness about the mental and physical obstacles military veterans face. Eric hopes the event will help destigmatize mental and physical disabilities, shifting the perspective to view them not as hurdles but as catapults for progress.

Being a pioneer at heart for the good of generations is about leaving a lasting impact on the world. I believe each generation can make a significant mark, which encourages me to strive for a brighter future. I see it as a call to bridge gaps between different cultures, races, and backgrounds, fostering a community that works together for the greater good.

Eric Spaner, Senior Project Manager Henkel Adhesive Technologies and U.S. Army Veteran

On Community and Giving Back

Community organizations and fellow veterans were essential in Eric’s transition out of the military into civilian life. One group that was integral to this process was Hire Heroes – an organization dedicated to helping military veterans seeking employment through mentorship and career assistance programs.

When Eric lost out on a job opportunity due to his color blindness, Hire Heroes stepped in. Through personalized support they helped him to steer through multiple processes and find the right employment for him. Today, Eric is a leading mentor at Hire Heroes. There, he counsels veterans to navigate their challenges and opportunities while making sure they do not feel alone.

“I understand feeling like there is absolutely no hope, and this company supports you through that process,” he says. “Hire Heroes did so much for me, and now I can be there for someone as they are on the same journey.”

Finding work is just the beginning and it’s crucial for veterans to find community and support along the way. Early on in his entrance into civilian life, Eric received what he now calls the best advice from a Navy veteran. “Sometimes you have to take a step back to reflect on what you can do to move forward.” He uses this to guide veterans he mentors through Hire Heroes to give them perspective on their journey.

To foster an inclusive community for veterans, Eric offers this advice for all of us – recognize the value of veterans’ skills, and don’t wait to share your appreciation only on Veteran’s Day. Listen to understand the unique experience of transitioning from military service to the corporate world.

Authored by Baker Tilly’s Jiyoon Choi and Selene Cullen

On Oct. 24, 2024, the Treasury released final regulations, subsequently published on Oct. 28, 2024, regarding the IRA section 45X advanced manufacturing tax credit established through the Inflation Reduction Act (IRA). The section 45X production tax credit provides an incentive for manufacturers to produce certain qualifying energy production components in the US. These final regulations will affect taxpayers intending to claim a section 45X tax credit on any eligible component they produce. The rules will become effective on Dec. 27, 2024 (60 days after publication in the Federal Register).

The Treasury and IRS officially finalized the proposed regulations published on Dec. 15, 2023, except for the regulations on section 1.45X-4(b)(1), which provides the requirements for aluminum to be considered an applicable critical mineral for the purposes of section 45X. The final regulations for section 1.45X-4(b)(1) will be released at a later date.

Updates and reiterations addressed in the final rule

The final regulations are generally consistent with the proposed regulations proposed on Dec. 15, 2023. Some updates or reiterations are addressed in the final regulations, such as:

Clarifications to the definition of “produced by the taxpayer,” including confirmation that taxpayers may produce eligible components using recycled materials, and that eligible components produced by assembling other eligible components are still eligible for the 45X tax credit.Reiteration of the special rule for the production of certain eligible components, stating that the act of extraction alone does not produce an eligible component.Confirmation that subcomponents, constituent elements and materials used to make an eligible component are not subject to domestic content requirements.Confirmation that the 45X credit does not require domestic sale of the eligible components.Clarification on the sale of integrated components. A taxpayer will be deemed to have sold an eligible component if the taxpayer produced such a component and subsequently integrated, incorporated, or assembled it into another eligible component that is then sold to an unrelated person.Clarifications on the interactions between 45X and 48C, including confirmation that the physical proximity of facilities does not matter as long as each facility operates independently, and a revision to the regulations to remove the term “production unit” to avoid unnecessary complexity. The final regulations also clarify that eligible components can include subcomponents, constituent elements, or materials that were produced at a 48C facility.Revisions to the acceptable methods taxpayers can use to determine the specifications of eligible components (e.g., measuring the capacity of a solar module).Clarification that repowering equipment can be considered a form of on-site manufacturing and, in certain cases, can qualify for a 45X tax credit.Clarification on the credit’s anti-abuse rule. The 45X credit will not be available to a taxpayer if the primary purpose of the production and sale of an eligible component is to claim the 45X tax credit in a manner that is wasteful, such as discarding, disposing of, or destroying such a component without putting it to productive use.Revisions to allow taxpayers to include the cost of extraction and direct and indirect materials costs when determining the 45X credit amount for applicable critical minerals and electrode active materials. The extraction of materials must have taken place in the U.S. or a U.S. territory, and extraction costs can only be included if such costs were incurred by the taxpayer claiming the 45X credit. Direct and indirect materials costs can only be included if the acquired material is not an eligible component at the time of acquisition, to avoid crediting the same components twice.

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The complexity of the 45X tax credit shouldn’t hold you back. Baker Tilly’s specialists can help eligible taxpayers fully leverage the 45X tax credit to maximize IRA credits. Contact a specialist today! 

Antea Group recently attended the National Association of Environmental Managers (NAEM) annual conference, FORUM24, held in Fort Worth, Texas. As a leading environment, health, safety, and sustainability (EHS&S) consulting firm and a proud sponsor of the event, we were excited to engage with industry peers, share insights, and explore the latest trends.

Key Themes from FORUM24

This year’s FORUM24 focused on several critical topics shaping the future of EHS&S, including:

Climate Action & Decarbonization

As the climate crisis intensifies, organizations are increasingly focused on reducing their carbon footprint. FORUM24 delved into strategies for measuring greenhouse gas emissions, developing comprehensive climate action plans, and exploring innovative decarbonization pathways. Attendees also discussed the importance of understanding and adapting to the evolving regulatory landscape for climate risk.

“Climate action isn’t just ethical, it’s essential for future-proofing your business in a changing world,” says Natalya Holm, Climate Risk & Water Stewardship Service Lead at Antea Group USA. “To successfully implement and optimize climate initiatives, businesses should integrate these efforts into their core strategies aligning them with overall business goals. Additionally, companies need to leverage massive amounts of sustainability-related data and synthesize it into actionable insights. These data-driven insights are the key to optimizing climate strategies and meeting ESG goals.”

Climate Resources

Understanding the Crucial Role of Climate Scenario Analysis in Business StrategyNavigating Greenhouse Gas Reporting: Best Practices for First-TimersLow Carbon Transition Plans: What You Need to KnowPull the Lever on Low-Carbon: 6 Strategies For Your BusinessA Decarbonization Journey with Neiman Marcus Group

Strategic EHS Management

Effective EHS management is crucial for ensuring long-term sustainability. The conference highlighted the need for robust multi-year strategic plans that align with organizational goals. Additionally, attendees explored innovative approaches to EHS training, risk management, and promoting total health and well-being among employees.

“Effective EHS management is not just a compliance obligation but a strategic asset,” says Rob Dixon, Senior Consultant at Antea Group USA. “By aligning EHS initiatives with core business objectives, leveraging data-driven insights, and fostering cross-functional collaboration, businesses can drive sustainable growth and resilience in an ever-evolving landscape.”

EHS Management Resources

Risk Management vs. Compliance: Key Differences & Strategic ImpactA Practical & Tactical Guide to Top-Down EHS ManagementThe Role of EHS in Workforce Mental Health ProgramsAdapting EHS Training for Engaging Learning in the Digital AgeListen & Learn: 7 Stellar Podcasts for EHS Pros

Leadership that Delivers

Strong leadership is essential for driving EHS&S excellence. FORUM24 provided insights into the skills and qualities needed to inspire and motivate teams. Attendees learned how to communicate the value of EHS to the broader organization, attract and retain top talent, and foster cross-functional collaboration to achieve strategic objectives.

“A clear trend is emerging; forward-thinking companies are placing EHS&S at the core of their strategic vision, with cross-functional leaders championing EHS & Sustainability as both a mission and a mandate,’ says Rob Dixon, Senior Consultant at Antea Group USA. “The future of EHS&S is collaborative – we are continuing to see leaders bridge silos across functions to build holistic, organization-wide impact.”

EHS Leadership Resources

Showcasing the Value-Add of EHSBridging the Gap: Collaboration between EHS and ESG for Sustainable SuccessDriving EHS&S Performance Through Company CultureAddressing Workplace Burnout Amidst the War for TalentWant to Sell EHS to Your Employees? Then It’s Time to Put Your Marketing Hat On

Operationalizing Sustainability & ESG

Sustainability and ESG (Environmental, Social, and Governance) have become top priorities for many organizations. The conference explored strategies for integrating sustainability into product design, complying with emerging regulations like the CSRD, and securing funding for sustainability projects. Attendees also discussed the importance of data-driven decision-making and effective stakeholder engagement to advance ESG goals.

“True ESG progress requires authentic stakeholder engagement—aligning interests, building trust, and empowering voices across the value chain,” says Natalya Holm. “Stakeholder engagement isn’t just a check-box exercise; it’s the key to creating ESG initiatives that are impactful, credible, and sustainable over the long term.”

ESG Resources

Unpacking the Corporate Sustainability Reporting Directive and Its Implications for US-Based CompaniesGetting Ahead of the Curve: Preparing Your Business for ESG RegulationsEasy as Pie: Using Your EHS Program to Elevate Your ESG StrategyLeading and Lagging Indicators: They’re Not Just for EHS Anymore

Problem-Solving Power Hour

A new exhibit hall feature this year was the Problem-Solving Power Hour where subject matter experts shared best-in-class strategies to common EHS and ESG challenges in innovative “how to” sessions. Attendees benefited from a series of rapid-fire 10-minute presentations that addressed a specific challenge and shared tools, strategies, and solutions that will help advance EHS&S program success.

As part of the Problem-Solving Power Hour, Antea Group presented on the topic of double materiality. This concept explores the intersection of environmental and social impacts, highlighting how organizations can identify and address issues that are both financially material and significantly impact stakeholders. By understanding double materiality, businesses can make informed decisions that enhance their sustainability performance and long-term value.

“Double materiality is evolving from a niche concept to a mainstream practice, especially as stakeholders and investors demand accountability on both fronts,” says Natalya Holm. “Double materiality helps companies pinpoint ESG priorities and guide investment decisions, providing a clear foundation for larger sustainability programs. Starting early is key — companies can then use it as a strategic baseline for meaningful, long-term impact.”

Double Materiality Resources

What Is Double Materiality? A More Holistic View of ImpactUnderstanding Double Materiality and the Updated GRI StandardsRaising the Bar: Increasing Quality of Impact Data and Double Materiality AssessmentConducting a Double Materiality Assessment for a Global Leader in the E-Learning Industry

Supporting Water Mission

In lieu of providing physical “SWAG” at the event, Antea Group chose to support Water Mission, a nonprofit organization dedicated to providing safe water, sanitation and hygiene solutions to those affected by natural disasters. For every signature we captured on our charity poster, we donated $5 to aid Water Mission’s current work to provide clean water to locals affected by Hurricane Helene. Thank you to everyone that stopped by our booth and signed the charity poster!

A Fun Night of Line Dancing

To add a bit of fun to the conference, Antea Group hosted a line dancing lesson on Tuesday evening at a local tavern (when in Texas, am I right?). Attendees learned two popular line dances, “K is for Kicks” and “Kerosene,” and enjoyed a great evening of dancing and socializing. This event provided a relaxed and enjoyable atmosphere for networking and building relationships with our clients and industry peers.

Looking Forward to FORUM25

We are already looking forward to next year’s FORUM25, which will be held in Tucson, Arizona, from October 21-23, 2025. This event promises to deliver even more valuable insights and networking opportunities for EHS&S professionals. Mark your calendars now!

Let’s continue the conversation! If you have any questions or would like to discuss these topics further, please feel free to reach out to us.