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CSRwire Press Releases, Events and Reports


12/31/1969
Stanley Black & Decker Receives Prestigious Citizens Award from US Chamber of Commerce Foundation

The U.S. Chamber of Commerce Foundation has named Stanley Black & Decker Best Corporate Steward as part of its 2019 Citizens Awards. This year marks the 20th anniversary of the annual awards program, which recognizes the most innovative and impactful corporate citizenship initiatives raising the bar on social responsibility and spearheading the transformation to a strong, healthy and sustainable future.

“On behalf of Stanley Black & Decker’s 60,000 employees, I am proud and humbled by this prestigious recognition of our efforts,” said Stanley Black & Decker President and CEO Jim Loree. “In late 2016, we set out to elevate our commitment to corporate social responsibility, by first defining our CSR strategy and then activating our purpose – ‘For Those Who Make The World.’ I believe that business has a responsibility to be a force for good for our employees, our customers, our communities and society in general. While we still have more work to do, we are making meaningful progress as an organization.”

Stanley Black & Decker’s Corporate Social Responsibility (CSR) strategy is aligned with the United Nations' 2030 Sustainable Development Goals. The strategy focuses the company's efforts on three key pillars: empowering makers, innovating with purpose and creating a more sustainable world. By 2030, Stanley Black & Decker plans to enable 10 million creators and makers to thrive in a changing world, innovate our products to enhance the lives of 500 million people, and be carbon positive in its global operations, meaning its carbon capture is greater than its carbon emissions. To learn more about the company's CSR strategy, visit www.stanleyblackanddecker.com/social-responsibility.

The U.S. Chamber of Commerce Foundation Citizens Awards honor businesses for their significant positive impact in communities around the world. For 20 years, this awards program has illustrated how every day businesses serve as a powerful force for good and lead the charge in creating innovative solutions to some of the world’s most pressing challenges. Companies and chambers of commerce from around the globe compete for the Citizens Awards, making them one of the most prestigious honors in corporate citizenship.

“Stanley Black & Decker embodies all that it means to be a Corporate Steward in 2019. We’re excited to recognize the vision of their 2030 CSR Strategy and their achievements with the program so far,” said U.S. Chamber Foundation Senior Vice President Marc Decourcey. “The company’s focus on three pillars – people, product, and planet – ensures Stanley’s ongoing positive impact by empowering the makers and creators of the world while building toward a more sustainable future.”

The Chamber Foundation announced the winners of the 2019 Citizens Awards on November 14 at a ceremony in Washington, D.C. Learn more about the awards program here.

About Stanley Black & Decker:

Stanley Black & Decker is a purpose-driven, $14 billion revenue industrial organization. Stanley Black & Decker has 61,000 employees in more than 60 countries and operates the world’s largest tools and storage business, the world’s second-largest commercial electronic security services company, a leading engineered fastening business as well as Oil & Gas and Infrastructure businesses. The company’s iconic brands include Black & Decker, Bostitch, CRAFTSMAN, DEWALT, FACOM, Irwin, Lenox, Porter Cable and Stanley. Stanley Black & Decker is a company for the makers and innovators, the craftsmen and the caregivers, and those doing the hard work to make the world a better place. Learn more at www.stanleyblackanddecker.com.

CONTACT

Shannon Lapierre
+1 (860) 259-7669
Chief Communications Officer
Abigail Dreher
+1 (860) 515-2759
Director, Public Affairs

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12/31/1969
RETIRED NFL, NBA PLAYERS DRAW FROM DISCIPLINE AND ADVERSITY TO BUILD “SELF-SUSTAINING” IMPACT INVESTING PROJECTS ACROSS AMERICA

The life of a professional athlete is divided into two distinct arcs, during and after sports. Career paths during their playing years are plagued with adversity. Athletes must commit to rigorous physical training and conditioning, and endure painful injuries along the way. Most will spend years trying to redefine their lives after sports. But one trait shared by successful athletes in the modern era is a desire to give back to the neighborhoods where they honed their skills and the cities in which they played.  A new sub-set of pro-athlete has turned to impact investing as a post-sports career, and their projects are gaining steam and turning heads today at the SRI industry’s most important annual meeting. 

A panel of former professional athletes this week addressed The 30th Annual SRI Conference in Colorado Springs – the largest and longest running meeting of sustainable, responsible, impact and ESG investors. 

The Next Wave of Impact – The Professional Athlete” was curated by Danny Hughes and included:  former NBA player Antonio Davis, CEO, Eminence Consulting; former NFL player Warrick Dunn, founder of Warrick Dunn Charities; former NBA player Devean George, CEO of George Group North; former Ms. Olympia Sheryl Grant, CEO of Sheryl Grant Enterprises; and former NFL player Derrick Morgan, managing partner of KNGDM Group. 

Throughout his 11-year career in the NBA, Devean played for the Los Angeles Lakers (with whom he won three NBA Championships), the Dallas Mavericks, and the Golden State Warriors.  Today, Devean George is president and CEO of George Group North, and executive director of a charitable nonprofit, Building Blocks. His real-estate company specializes in multifamily residential development, mixed-use projects, property redevelopment and management, while Building Blocks is focused on mentorship programming, affordable housing, and sustainable community development.

Devean George said: “Real community transformation involves more than just building affordable housing building, it requires a holistic operation that is self-sustaining within these communities. The “Building Blocks” model integrates affordable housing with a co-op grocery store and our after school Building Blocks programming, which includes commercial kitchen and skills training. These programs have long-term impact in a community. We are deploying this model outside of the Twin Cities, in Atlanta, Milwaukee, Oakland and other areas where impact is needed.”

During the panel discussion from the main stage of The SRI Conference, the retired athletes explained to an audience of more 900 SRI practitioners, including RIAs, portfolio managers, mutual funds, institutions and social entrepreneurs, that successful impact endeavors depend on the “influence capital” they all have committed in one form or another. Their stories, emotional at times, conveyed the personal connections they shared with groups they are helping, demonstrating the real power of impact.

Paula DeLaurentis, CEO of The SRI Conference, said: “A growing number of high-profile athletes are turning to impact investing to make a difference after they leave the playing field. The SRI/ESG/impact investing community is here to provide these athletes with the knowledge, encouragement, and connections they need to be successful in this area.

After announcing his retirement from the NFL last summer, Tennessee Titans linebacker Derrick Morgan launched a $200 million Opportunity Zone fund to invest in marginalized communities, specifically in markets for housing, community development and job creation. Morgan engaged on a personal level to ensure that his OZ fund had a positive social impact, while turning a profit a well. But he didn’t stop there. With his strong business acumen and impact vision, Morgan also created the KNGDM Impact

Fund to raise  to invest in and help sustain real estate and operating businesses in Opportunity Zones.

Responding to a question about what’s pushing athletes into impact projects, former NFL star Warrick Dunn said: “My life experiences growing-up and my career definitely influence what I’m doing to help finance and build for homes for single moms. It’s well known what I went through, my struggles and personal story. But it’s more than that … this is my passion. We make sure that it all comes together, and recently we just gave away to a single mother in need our  173rd home.”  

For former Ms. Olympia fitness Sheryl Grant, empowerment for women of color is the inspiration. Grant draws crowds by the hundreds across the country for her F.I.T. for business programming - F.I.T (Faith - Intuition - Tenacity) to help women (particularly women of color) break through the glass ceiling in corporate settings, and build the skill sets to be C-level executives and eventually to own businesses.  She also works with -senior-level execs at major corporations to help build more diverse boards and leadership teams.

Sheryl Grant said: “I believe members of the professional athlete community, the panelists on this stage, have much more to contribute to Impact Investing efforts than meets the eye.  A lifetime dedicated to teamwork, sacrifice, commitment and more, a professional athlete can make a difference in an impact project as advisors, board member, product development, brand ambassador, and yes, as an investor when it makes sense.  We are about making a difference and welcome the opportunity to have a huge positive effect on millions of lives.”

SRI CONFERENCE & COMMUNITY SPONSORS

The SRI Conference sponsors include: Aberdeen Standard Investments, Act Analytics, Advisor Partners, Allianz Global Investors, American Century Investments, Appleseed Capital, Axiom, Brown Advisory, Calvert Impact Capital, Calvert Research and Management, Capital Good Fund, Capital Impact Partners, Clean USA Power, College for Financial Planning, Community Capital Management, Dell, Earth Equity Advisors, Energy Income Partners, Entelligent, EQIS Capital Management, First Affirmative Financial Network, Folio Institutional, General Mills, Green Century Funds, Gurtin Municipal Bond Management, Hope Enterprise Corporation, Iroquois Valley Farms, Jantz Management, Kiva, Matthews Asia, Miller/Howard Investments, Morningstar, Inc., MSCI, Natixis Investment Managers, Open Invest, Parnassus, Pax World Funds, Praxis Mutual Funds, RBC Global Asset Management, Riskalyze, Sarasin Asset Management, Saturna Capital, Self Help Federal Credit Union, Shelton Capital, S&P Dow Jones Indices, TerraCycle, Thornburg Investment Management, Tides, Trillium Asset Management, Uncommon Giving, Vanderbilt Financial Group, Vanguard, Vert Asset Management, and WaterEquity.

ABOUT THE SRI CONFERENCE

The SRI Conference is the premier annual gathering of the sustainability/SRI/ESG/impact investing world.  The 30th SRI Conference is taking place November 11-15, 2019 at The Broadmoor Resort in Colorado Springs, CO.  For more information, go to www.SRIConference.com.

Folio Financial, Inc. is the parent company of The SRI Conference & Community.  Folio Financial (formerly FOLIOfn, Inc.), Folio Investing, Folio Institutional, First Affirmative, and VIA Folio together comprise the Folio brands, delivering innovation that benefits investors and those who serve them.


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12/31/1969
Just Released: Accelerating Corporate Renewable Energy Engagement in China

In the last decade, multinational corporations have rapidly increased purchases of renewable electricity throughout their global operations in order to access competitive electricity prices and distinguish their brands through environmental leadership. China has become a major market for this new procurement as companies increase the amount of renewable energy sourced for their own operations. At the same time, Chinese manufacturers are also transitioning to clean energy throughout their product supply chains.

While there are many new and existing mechanisms in China that enable companies to access renewable energy, the Chinese voluntary market is still early in its development, and much more can be done to create market conditions that facilitate a significant scale-up of private investment.

The report Accelerating Corporate Renewable Energy Engagement in China, released by Center for Resource Solutions with funding by Google, LLC., reviews the current state of the Chinese voluntary renewable energy market, including existing and emerging procurement mechanisms and new retail electric providers, and offers recommendations for policy and market tools that will complement the new demand for renewable energy throughout China.

DOWNLOAD THE REPORT

The report is also available in Chinese.

Webinar: Accelerating Corporate Renewable Energy Engagement in China

Accompanying the release of the report, Center for Resource Solutions will host a free webinar that will review the key findings and summarize the report’s recommendations. It will assess the current procurement options in the Chinese voluntary renewable energy market and present how each option differentially interacts with China’s renewable energy policies. It will conclude with recommendations for how the market might be strengthened to boost voluntary procurement of renewable energy.

Tuesday, December 17th, 2019  9:00 AM PT / 12:00 PM ET

REGISTER


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12/31/1969
Xylem and Manchester City Football Group Partner in “Cityzens Giving” For Second Annual Safe Water Project

Xylem Inc. (NYSE: XYL), a leading global water technology company dedicated to solving the world’s most challenging water issues, is partnering with the Cityzens Giving annual charitable campaign launched today, a Manchester City Football Club global community initiative, which helps young leaders around the world change lives through the power of football.

Now in its’ sixth year, Cityzens Giving sees City Football Group and its partners once again donating £400,000 to six community football projects run by young leaders in cities around the world.

Over the course of the six-week campaign, fans will hear first-hand from the young leaders in each of the six projects and will be asked to vote for the one that resonates most with them. The more votes a project gets, the greater the funding it will receive.

Last year, the safe water project in Bangalore, supported by Xylem, received the most votes, and received the largest grant of the £400,000 in funding.

As a partner of Manchester City, Xylem is proud to be supporting a new safe water project in Cape Coast, Ghana, as one of the six initiatives in the campaign. The project, “Kicking for Change,” will combine football, safe water education and equipment to provide clean water access to schools and communities to help prevent waterborne illnesses and keep children in school.

While Ghana has made large strides in reducing poverty through economic growth, more than 60% of the population still lacks access to safe drinking water, leaving them vulnerable to water-related illness and disease. Children in Ghana, girls especially, often have to walk extremely long distances to collect water, making them late for school, or absent altogether due to illness from waterborne diseases.

This project will use football to teach children about life-saving water and sanitation education, keeping them healthy and in school, and will be combined with a new clean water source in the community. This project is delivered in partnership with Play Soccer Ghana, and is generously supported by Xylem.

“Xylem is committed to raising awareness of global water challenges and our partnership with Cityzens Giving for this project will provide a powerful opportunity to share in a community commitment to solving water” said Joseph Vesey, Xylem Senior Vice President and Chief Marketing Officer. “We look forward to watching the votes and to moving forward on a great initiative for the youth of Cape Coast, Ghana, to help advance education for young girls, water security and work towards a more sustainable future.”

Ferran Soriano, Chief Executive of City Football Group, said:

“At City Football Group we are incredibly proud of Cityzens Giving. Over the past five years the campaign has gone from strength to strength and we are passionate about letting our fans choose from projects around the world and empowering our Young Leaders to inspire their local communities.

“The sixth year of the Cityzens Giving campaign sees more young people than ever before connecting with their communities and using football to find solutions to the social issues they are facing. More than 10,000 young people around the world are now engaged each year through our Cityzens Giving projects. Our Cityzens decide where the effort and the money go, making a positive difference in the world through the power of football.”

Starting today, fans from across the City Football Group network can vote for their preferred cause at: mancity.com/cityzensgiving.

About Xylem

Xylem (XYL) is a leading global water technology company committed to developing innovative technology solutions to the world’s water challenges. The Company’s products and services move, treat, analyze, monitor and return water to the environment in public utility, industrial, residential and commercial building services settings. Xylem also provides a leading portfolio of smart metering, network technologies and advanced infrastructure analytics solutions for water, electric and gas utilities. The Company’s approximately 17,000 employees bring broad applications expertise with a strong focus on identifying comprehensive, sustainable solutions. Headquartered in Rye Brook, New York, with 2018 revenue of $5.2 billion, Xylem does business in more than 150 countries through a number of market-leading product brands.

The name Xylem is derived from classical Greek and is the tissue that transports water in plants, highlighting the engineering efficiency of our water-centric business by linking it with the best water transportation of all – that which occurs in nature. For more information, please visit us at www.xylem.com.

About Xylem Watermark

Xylem Watermark is Xylem’s corporate citizenship and social investment program. Xylem Watermark’s mission is to provide and protect safe water resources for communities and to educate people about water issues. By working with best-in-class non-profit partners and leveraging the expertise, time and passion of Xylem’s employees and stakeholders, Xylem Watermark is able to address the full spectrum of global water challenges. For over 10 years, Xylem Watermark has been generating social impact by delivering clean water to communities in need, responding to water-related disasters with humanitarian assistance, and empowering communities through education about water, sanitation and hygiene and the value of water.

About Cityzens Giving

Since the launch of Cityzens Giving more than five years ago, over 1000 Young Leaders have been trained with over 10,000 young people across 20 cities now engaged each year through the projects. Each year, fans are given the opportunity to choose how funds, donated by City Football Group and its partners, are split between six different projects.

In addition to funding, every season young leaders are invited to Manchester City’s Young Leaders Summit held at City Football Academy to share learning about how they are using the power of football to address social issues in their local communities.

In October 2016, Cityzens Giving won Corporate Citizenship Campaign of the Year at the annual Beyond Sport Awards, designed to support and reward the best projects across the globe that are using sport for positive social change.

For more information, please visit www.mancity.com/cityzensgiving.

CONTACT
Houston Spencer
+1 (914) 240-3046
Rayna Sidhu
+44 161438717

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12/31/1969
FedEx Recognized for Excellence in Corporate Citizenship by U.S. Chamber of Commerce Foundation

The U.S. Chamber of Commerce Foundation Corporate Citizenship Center named FedEx the winner of the 2019 Citizens Awards, in the category of Best Disaster Response & Community Resilience Program. This year marks the 20th anniversary of the annual awards program, which recognizes the most innovative and impactful corporate citizenship initiatives raising the bar on social responsibility and spearheading the transformation to a strong, healthy and sustainable future.

The award recognizes FedEx for the company’s collaboration with International Medical Corps. FedEx and International Medical Corps have innovated disaster response by redesigning an emergency field hospital to create rapidly deployable medical assets and health facilities to more effectively respond to global disasters.  FedEx logistics experts worked with International Medical Corps to make the field hospital more flexible to support varying types of disasters, including natural disasters, infection disease outbreaks, and more. The field hospital is stored near the FedEx World Hub in Memphis to enable the rapid deployment of the hospital following disasters.

Since the collaboration began, FedEx and International Medical Corps have:

  • enabled health centers to conduct 290,000 consultations and delivered 14,700 hygiene kits to Puerto Ricans following Hurricane Maria

  • delivered 30,000 pounds of medical shelters and personal protective equipment to the Democratic Republic of the Congo to treat patients, ensure health workers’ safety, and help support 993,000 Ebola screenings

  • offered continued care to almost 4,000 patients in Florida after Hurricane Michael

And most recently, FedEx responded to the devastation caused by Hurricane Dorian, the worst storm to ever hit the Bahamas. Together with International Medical Corps, we sent components of the field hospital and much needed supplies to the island of Grand Bahama where an estimated 20,000 to 25,000 people remain. In the town of High Rock, the only health center was completely destroyed. International Medical Corps’ set up a health facility that has been able to provide outpatient medical services for the women, men, and children in need. Set up immediately following Dorian, the health center continues to provide medical care today.

More than 1 million people have already received services as a result of the collaboration between FedEx and International Medical Corps. Together, we are better prepared to respond to disasters and are building greater community resiliency.


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12/31/1969
Subaru of America Shifts Efforts to Combat Childhood Hunger Into High Gear With 2019 Share the Love® Event Kickoff

To celebrate the launch of its annual philanthropic Subaru Share the Love® Event, Subaru of America, Inc. today hosted a celebratory kickoff event aimed at combating hunger in the automaker’s local community of Camden. Partnering with the Food Bank of South Jersey, hundreds of employees at Subaru headquarters in Camden, NJ packed and donated 15,000 ‘KidzPacks’ or the equivalent of 60,000 meals. The KidzPack program provides four nutritionally balanced meals to more than 750 children to sustain them over the weekend. Through this event and corresponding donation, Subaru will provide necessary nutrition to alleviate weekend hunger for Camden’s food insecure youth for the entire school year.

Camden County, there are more than 17,200 food insecure children. The 15,000 ‘KidzPacks’ donation from Subaru marks a 125 percent increase compared to the automaker’s 2018 donation and a new record for the most KidzPacks prepared and donated at one time.

“As we launch our annual Subaru Share the Love Event to support national and local charities, we wanted to once again show our dedication to those in our hometown,” said Thomas J. Doll, President and CEO, Subaru of America, Inc. “We hope this special event and landmark KidzPack donation will have a positive impact on the children of Camden, giving them every advantage to grow and learn without hunger.”

“We are thrilled to once again work with Subaru to help serve the nutritional needs of our youngest community members,” said Fred C. Wasiak, President and CEO, Food Bank of South Jersey. “With this donation from Subaru, the Food Bank of South Jersey will be able to provide meals on a weekly basis to hundreds of children for an entire school year.”

During the 2019 Subaru Share the Love Event, running now through January 2, 2020, Subaru will donate $250 for every new Subaru vehicle purchased or leased at more than 632 participating Subaru retailers nationwide to the customer's choice of the following national charities: The American Society for the Prevention of Cruelty to Animals® (ASPCA®), Make-A-Wish®, Meals on Wheels America® and National Park Foundation. Subaru retailers will also have the opportunity to add a local hometown charity for their customers to support and there will be no cap on the total donations each partnering charity can receive.

In addition to the SOA headquarters event, employees at Subaru regional offices and distribution centers throughout the U.S. partnered with local food banks and pantries to help feed neighbors in their respective communities.

To learn about the Subaru Share the Love Event, please visit www.subaru.com/share.

About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill production plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile production plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company’s vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA has donated more than $165 million to causes the Subaru family cares about, and its employees have logged more than 40,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do.

For additional information visit media.subaru.com. Follow us on FacebookTwitter, and Instagram

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CONTACT

Diane Anton
Subaru of America, Inc.
856-488-5093
 
MWW PR

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