News from Leading Brands

Keep up with the latest impact news from companies embracing the triple bottom line, shared via 3BL's publishing platform.

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Sustainable Finance & Socially Responsible Investment

First of Its Kind Loan: Barclays’ Borrower Pays Less if Sustainability Targets Are Met

In a first in the US, a company has entered into a syndicated sustainability-linked revolving loan. CMS Energy and its subsidiary, Consumers Energy, have entered into $1.4 billion revolving credit facilities from Barclays, the sole Sustainability Structuring Agent on the loan. This means that CMS can reduce its interest rate on the new credit by meeting targets related to environmental responsibility, CMS says. Sustainability-linked loans are products that allow issuers to demonstrate their commitment to sustainability, according to Barclays.

Research, Reports & Publications

Noteworthy News in Skills-Based Volunteerism

Summer is finally here and the team at Common Impact is excited to start your beach reading list with the latest and greatest in research, reports, and reflections on skills-based volunteerism.

Education

Taco Bell Foundation Awards $3 Million in Live Más Scholarships

This year, the Taco Bell Foundation awarded $3 million in Live Más Scholarships to 300 employees and youth across the country. Designed to help students pursue their unique passions that may not necessarily fit into the traditional “academic” or “athletic” categories, this year’s scholarship application drew nearly 8,000 submissions.

Philanthropy & Cause Initiatives

Teenagers Deserve Families and YOU Can Make the Difference

Maci was adopted just 51 days before turning 18. Her family is now the support system she always wanted. The Dave Thomas Foundation for Adoption believes all children, regardless of age, deserve a permanent family.

Environment

Accelerating the Transition to a Low-Carbon Economy

BNY Mellon is committed to promoting a more sustainable global economy. The company engages in numerous activities to help mitigate the effects of climate change through social investing initiatives. The 2017 CSR Report offers a closer look at how BNY Mellon is supporting our clients’ environmental objectives.

Philanthropy & Cause Initiatives

Sands Celebrates Success With the Local Community

To mark the milestone of Sands Cotai Central’s opening in 2012, Sands China Ltd. created an anniversary celebration that not only delighted guests and patrons, it extended special benefits and engaged a number of local community organizations. A highlight of the anniversary celebration was a carnival at the property’s Paradise Gardens, in which 50 Sands China Care Ambassadors hosted 50 members of the Macao Special Olympics (MSO) to participate in activities such as balloon twisting, caricature sketching, magic shows, face painting, and more.

Environment

LISTEN | Consumers Energy President & CEO Patti Poppe Discusses the Company's Decision to Stop Using Coal

Consumers Energy President and CEO Patti Poppe spoke Thursday with WJR-AM radio host Paul W. Smith about the company's Clean Energy Plan and its importance to Michigan’s future.

Responsible Production & Consumption

Mohawk Group Debuts Five Living Products At NeoCon

Mohawk Group debuted five new Living Product Challenge Petal certified flooring products last week at NeoCon in Chicago. These sustainable offerings include biophilia-inspired floor coverings that span several categories and are all unified under a commitment to leaving more “handprints” than footprints. All five are carbon-neutral and give more back to the environment than they take in their entire life cycles.

Diversity & Inclusion

How Do We Make a ‘We’ That Is All of Us; How Do We Embrace Different?

Our ambition is to offer equal opportunities to everyone everywhere, and we want our employees — no matter who they are, or where in the world they live — to feel uniquely valued, and safe to contribute their best. For us diversity of people and an environment of inclusion generate greater engagement, performance, and innovation.

Environment

Sharing the Knowledge From Mỹ Lợi Climate-smart Village in Việt Nam

Farmers, agricultural extension officers and local leaders from Quảng Bình Province, Việt Nam came to Mỹ Lợi Village to learn about climate-smart agriculture during a one-day roving workshop, 23 April. They will share the knowledge they gained with other extension officers and farmers in the province to encourage wider adoption of climate-smart agriculture. Mỹ Lợi is one of three villages in the country taking part in a project of the CGIAR Research Program on Climate Change, Agriculture and Food Security, managed by the World Agroforestry Centre (ICRAF) in Việt Nam.

Awards, Ratings & Rankings

Family Destinations to Visit for More Than Just the Sights

It isn’t always easy for parents traveling with children to find food options that cater to everyone’s taste at popular destinations. Sodexo, a food services and facilities management company committed to improving Quality of Life, employs chefs at major museums and attractions across the country who have created new and innovative food experiences for parents and children alike by offering classic choices with a twist.

Research, Reports & Publications

Ivanhoé Cambridge Releases Second Combined Report and Affirms Its Sustainability Vision for 2020

Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a long-term view to generate optimal, risk-adjusted returns. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.

Sustainable Finance & Socially Responsible Investment

The $35 Billion Chocolate Giant Mars Was Once Notoriously Private. Here's Why the Company Is Now Speaking Out.

"For most of our history, in fact ... for 99% of our history, we've chosen not to be in the public eye and we've really wanted our brands to engage consumers. And yet times have changed," Mars chairman Stephen Badger said.

"Consumers do want to know more about not only the brands that they're buying, but the company that is behind them," Badger, who is also the great-grandson of the company's founder, Franklin Mars, said.

Badger is right. A recent study by Label Insight, which surveyed 2,000 consumers, found that 94% of respondents would be more loyal to a brand if it offered complete transparency.

Responsible Business & Employee Engagement

Arbor Day Foundation Announces Expanded Partnership With Denver Mattress to Plant in the Mississippi River Valley

The Arbor Day Foundation announced an expanded partnership with Denver Mattress to plant at least 10,000 trees in the Mississippi River Valley. Through the partnership, the Arbor Day Foundation will plant one tree per Aspen Collection Mattress sold. Aspen, by Denver Mattress, is thoughtfully designed in Colorado and committed to sustainability.

Social Impact & Volunteering

Xylem Watermark & Project 24: Lvea, Cambodia

Lvea is a rural village remotely situated to the southeast of Kampong Speu Province in Cambodia, approximately 62 km from the closest provincial town. More than half of the local population lives below the poverty line and without access to clean water or health care services.

Sustainable Development Goals

How Far We’ve Come: Energy in Africa, 20 Years Later

Tetra Tech’s work with Power Africa is proof of concept. We support four distribution companies in Nigeria that had high losses, low collections, a proliferation of illegal connections, and aging infrastructure. We partnered with the companies to develop turnaround plans and implement reforms. Today losses are down, revenue is up, and management is stronger and more effective. Above all, more cash is flowing through the energy sector value chain.

Supply Chain & the Circular Economy

Three Ways Business Leaders Can Advance Human Rights

Mars alone cannot solve human rights challenges. It takes a team effort. That is why we’re committed to joining with other stakeholders. And, it is why economic investments aren’t the only ones we’re making in Thailand. In keeping with our conviction that what we do today can make the world a better place tomorrow, we are taking steps to understand the relevant human rights issues in our fish supply chain and, where relevant, to play a proactive and collaborative role in addressing them.

Philanthropy & Cause Initiatives

Meet the Maces: One Family’s Extraordinary Adoption Journey

It’s easy to look at the Mace family and see something extraordinary. A same-sex couple who has adopted five children from the foster care system, all while devoutly serving the United States military and bearing the strain of multiple re-assignments. From background checks, court sessions, disclosure meetings and more, Christopher and Brian Mace have gone to extraordinary lengths to create a forever family for their five children: Eira, Kota, Steven, Dallyn and Kinley.

Energy

AT&T Expands Its Renewable Energy Program With NextEra Energy Resources

To celebrate today’s Global Wind Day, AT&T is expanding its renewable energy program with NextEra Energy Resources. Together, AT&T and subsidiaries of NextEra Energy Resources will help to deliver clean energy, create jobs, boost the local economy and support a low-carbon economy.

Philanthropy & Cause Initiatives

Coca-Cola Partners With Gen Z and Millennials to Make an Impact on Issues That Matter Most

Recently, the world witnessed the power and determination of Gen Z after they inspired over 1.2 million people in over 450 rallies in the U.S. (not to mention countless rallies worldwide) to march for gun control. Despite their young age, this generation is concerned about the state of our world, and 94 percent feel that companies should step up to address social and environmental issues. Now, one brand is harnessing this empowered group’s engagement to advocate for a variety of issues that matter most to them.

Social Impact & Volunteering

Pernod Ricard Creates Lasting Impact in U.S. Cities During Annual Responsib’ALL Day

Pernod Ricard USA, a leading premium spirits and wine company, recently collaborated with Keep America Beautiful and for Pernod Ricard USA's eighth annual Responsib’ALL Day. One day each year, Pernod Ricard USA employees celebrate Responsib’ALL Day by collectively investing volunteer hours in their home communities to show their commitment and contribution to society and to demonstrate “good times from a good place.”

Energy

National Grid Releases Northeast 80x50 Pathway

National Grid, one of the nation’s largest investor-owned utilities, today released the “Northeast 80x50 Pathway,” a blueprint for drastically reducing greenhouse gas emissions 80 percent below 1990 levels by 2050 (“80x50”). The Pathway is the first of its kind in the Northeast.

Education

Duke Energy Foundation Boosts South Carolina Students, Teachers and Workforce Through $660,000 in Grants

Duke Energy has been powering South Carolina for more than a century, and continues to empower the minds of its students and the workforce of the future by investing in innovative education programs and initiatives. Emphasizing the importance of workforce development, literacy and science, technology, engineering and math (STEM), Duke Energy recently awarded more than $660,000 in grants to 16 programs across the Palmetto State.

Philanthropy & Cause Initiatives

Tyson Foods Donates $151,000, Truckload of Protein to Food Finders Food Bank

Tyson Foods announced today a $151,000 donation to Food Finders Food Bank to help fund a mobile food pantry and leverage access to federal funding for food programs. The company also donated a truckload of protein totaling 29,640 pounds, the equivalent of 118,560 servings.

With the purchase of a refrigerated box truck, the food bank’s mobile pantry will be able to increase the number of annual meals provided to the surrounding Logansport area. The grant will also help subsidize first-year costs on a SNAP Outreach Coordinator who will enroll residents in federal feeding programs.

Philanthropy & Cause Initiatives

How Las Vegas Sands is Fighting the Homelessness Problem in Southern Nevada

On any given night, nearly 6,500 people are homeless in Southern Nevada, according to the U.S. Department of Housing and Urban Development (HUD). Nevada ranks eighth in the nation for the rate of homeless persons – the smallest region among the metropolitan areas ranking in the top 10 for homelessness. Of that population, more than 60 percent of all homeless people in Nevada are unsheltered, living on the streets in encampments, cars, or other places not meant for human habitation. Las Vegas/Clark County ranks fifth among large metropolitan areas with the highest rates of unsheltered homeless.

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