CHICAGO, November 14, 2023 /3BL/ - Organizations worldwide face mounting pressure from regulators, investors, employees, customers and communities to effectively track, manage and report on environmental, social and governance (ESG) and sustainability goals.
3BL Sustainability News
Devastating Floods Disrupt Lives and Exacerbate Needs in Somalia
Torrential rains in Somalia have caused the country’s worst flooding in decades, resulting in 29 deaths, impacting more than 1.1 million people, and displacing more than 334,000 from their homes.
Fifth Third Exceeds $180 Million Commitment to Empowering Black Futures Program, Publishes Inaugural Community Impact Report
CINCINNATI, November 14, 2023 /3BL/ - Fifth Third Bank, National Association, today announced that its Empowering Black Futures Neighborhood Program has in two years already exceeded the program’s $180 million, three-year commitment. The program has invested $187 million in nine low-to-moderate income neighborhoods that have experienced disinvestment. Fifth Third also is extending technical assistance related to the program by an additional year, through 2025, to ensure continued, sustained impact and progress.
Alibaba Cloud Launches Digital Female Empowerment Program in Singapore To Help Women in Tech
Alibaba Cloud is launching a female empowerment program in Singapore in collaboration with United Women Singapore (UWS), a non-profit organization dedicated to gender equality and women’s empowerment.
The program aims to provide nearly 1,000 young women with academic training and practical expertise within the next five years, to prepare them for careers in technology.
Alibaba Cloud’s technical teams will deliver workshops and interactive sessions covering areas including artificial intelligence (AI) and cloud computing.
Gilead Named Number One Overall Philanthropic Funder of HIV-Related Programs for Second Year in a Row by Funders Concerned About AIDS
FOSTER CITY, Calif., November 14, 2023 /3BL/ - Gilead Sciences, Inc. (Nasdaq: GILD) was recognized as the number one philanthropic funder of HIV-related programs for the second year in a row, in a new report released by Funders Concerned About AIDS (FCAA).
Forbes Names Bacardi Among World’s Top Companies for Women 2023
HAMILTON, Bermuda, November 14, 2023 /3BL/ - Bacardi, the world’s largest privately held international spirits company, is celebrating its recognition by Forbes on the list of World’s Top Companies for Women 2023. Women in Leadership is among the key pillars of the company’s Belonging program, which strives to create a space where everyone is treated fairly and provided equal opportunities. Belonging at Bacardi is a global movement focused on creating programming, development opportunities and more in support of underrepresented groups, including women, in the spirits world.
Appreciating the Gift of Water: Lucy Tomee’s Story
Providing ‘safe’ water is about more than access to clean drinking water—it’s why FedEx chooses to support organizations like Water Mission, who build safe water solutions for individuals and communities around the world. Lucy Tomee, a member of Morbus’ community in Kenya, provides a gut-wrenching testimony about the importance of clean water in a way not often thought of—physical collection of water is sometimes very unsafe but necessary for survival. In her community, gathering water starts with digging a deep well, which means having three people collect water at the site.
TCFD Publishes Final Status Report and Next Steps
The sixth and final status report prepared by the Task Force on Climate-related Financial Disclosures (TCFD) was released in October. The Task Force said it continued to see “significant momentum around adoption and support of its recommendations” but more progress is needed. Thus far, progress has included the International Sustainability Standards Board’s release of its disclosures, based on the TCFD’s recommendations.
A Few Highlights of the 150+ Page Report
