Tag: 3BL

SAN DIEGO, January 30, 2025 /3BL/ – My Green Lab, the global nonprofit organization advancing the sustainability of laboratory research, is proud to announce the launch of My Green Lab® Certification 2.0. This enhanced certification program sets a new standard for sustainability in science, featuring advanced tools and resources designed to drive measurable environmental and financial impact in laboratories worldwide. Updates to the program include third-party verification, streamlined engagement surveys, and an integrated Impact Estimator tool.

Recognized by the United Nations Race to Zero campaign as a key measure for progress toward a zero-carbon future, and recommended by the U.S. EPA, My Green Lab Certification is the world’s most trusted green lab certification. The latest updates strengthen the program’s impact while enhancing its rigor, integrity, and scalability.

Key features of My Green Lab Certification 2.0 include:

User-Friendly Software Tool – A seamless platform that simplifies project management and helps labs track their sustainability journey with ease.Streamlined Engagement Surveys – Shorter, mobile-friendly surveys tailored towards laboratory personnel to boost participation and efficiency.Organizational Dashboard – Centralized reporting that provides visibility at both laboratory and institutional levels, tracking sustainability progress toward goals.Third-Party Verification – Independent validation by Impact Laboratories ensures alignment with international best practices, providing added credibility to the program.Impact Data – The integrated Impact Estimator tool provides insights into resource savings and financial ROI, demonstrating the tangible benefits of sustainability efforts.

AstraZeneca was the first organization to implement the enhanced program in October 2024, setting the stage for widespread adoption of My Green Lab Certification 2.0. With today’s official launch, My Green Lab Certification 2.0 is now ready to deliver measurable environmental and financial outcomes across the scientific community.

“The enhancements to our certification program reflect My Green Lab’s commitment to continuous improvement and our dedication to empowering labs to lead the charge in environmental sustainability,” said James Connelly, CEO of My Green Lab. “With My Green Lab Certification 2.0, we’re equipping labs with actionable insights within a user-friendly and powerful platform for driving meaningful change.”

About My Green Lab

My Green Lab® is a nonprofit environmental organization with a mission to build a global culture of sustainability in science. The organization is the world leader in developing internationally recognized sustainability standards for laboratories and laboratory products—bringing sustainability to the community responsible for the world’s life-changing medical and technical innovations. Laboratories are some of the most resource-intensive spaces in any industry, but they don’t have to be. By introducing a new perspective and proven best practices within a carefully crafted framework, My Green Lab has inspired tens of thousands of scientists and lab professionals to make positive changes in their labs by reducing the environmental impact of their work.

My Green Lab Certification

The world’s most trusted green lab certification, guiding scientists and lab teams toward actionable sustainability practices. Supported by third-party verification from Impact Laboratories, My Green Lab Certification has engaged 3,800 labs in 50 countries reaching over 41,000 scientists (as of early 2025).

For media requests, contact Christina Creager at christina.creager@mygreenlab.org.

For more information about My Green Lab, visit mygreenlab.org. 

LINCOLN, Neb., January 30, 2025 /3BL/ – Arbor Day Carbon, a division of the Arbor Day Foundation, has unveiled its 2024 Insights Summary. The report provides a comprehensive analysis of the current evolution, challenges and opportunities in the voluntary carbon market, highlighting the need for immediate action from corporate buyers with climate and nature-based goals.

“We believe a thriving voluntary carbon market can have potentially planet-shaping impact,” said Chris Tointon, president of Arbor Day Carbon. “As 2030 climate targets draw closer, it’s especially important for market stakeholders to be bold enough to meet the moment with trees and action. That’s why our team is focused on bringing together people across the market to help foster continued evolution and improvement in the space.”

The report examines the market’s growing consensus on quality, the urgent need to create greater high-quality supply, and how market uncertainties are creating hesitation among buyers. The 2024 review also details how some corporations are working alongside Arbor Day Carbon to drive tangible impact through the voluntary carbon market.

“We can’t let a desire for perfection get in the way of progress,” said Jeremy Manion, managing director of carbon markets at Arbor Day Carbon. “The market is maturing in meaningful ways, and while there are certainly challenges, it remains one of the strongest and most effective tools we have for addressing the concurrent crises of climate, biodiversity, and economic opportunity. Through collaboration and a commitment to a high standard of quality, we can strengthen this market and shape a better future, together.”

As a team of industry experts, Arbor Day Carbon specializes in fostering strong connections with corporate buyers, investors, project developers, and on-the-ground planting partners to drive tangible impact in critical ecosystems. Arbor Day Carbon has transacted over seven million forestry carbon credits to-date, retired 1.6 million carbon credits on the American Carbon Registry – more than any other nonprofit – and has helped plant millions of trees as a result.

Click here to view the report and to learn more about Arbor Day Carbon, visit carbon.arborday.org.

About the Arbor Day Foundation 

The Arbor Day Foundation is a global nonprofit inspiring people to plant, nurture, and celebrate trees. They foster a growing community of more than 1 million leaders, innovators, planters, and supporters united by their bold belief that a more hopeful future can be shaped through the power of trees. For more than 50 years, they’ve answered critical need with action, planting more than half a billion trees alongside their partners. And this is only the beginning.

The Arbor Day Foundation is a 501(c)(3) nonprofit pursuing a future where all life flourishes through the power of trees. Learn more at arborday.org.

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SWORDS, Ireland, January 29, 2025 /3BL/ – Trane Technologies (NYSE:TT), a global climate innovator, has been named to Fortune’s World’s Most Admired Companies list for the thirteenth consecutive year.

The annual ranking, created by Fortune in collaboration with Korn Ferry, is widely recognized as the definitive assessment of corporate reputation. The companies featured are the most esteemed in their industries and are evaluated across nine criteria including investment value, management quality, product excellence, social responsibility, and talent attraction.

“It is an honor to be named to Fortune’s World’s Most Admired Companies list, and our inclusion on this respected ranking for more than a dozen years is a testament to the dedication and talent of our global team,” said Dave Regnery, Chair and CEO of Trane Technologies. “Our team brings our purpose of challenging what’s possible for a sustainable world to life, and their ambition drives groundbreaking climate innovations that deliver lasting benefits for our customers, communities, and the planet.” 

Trane Technologies is addressing some of the world’s most significant sustainability challenges and driving industry-wide and global change through its 2030 Sustainability Commitments. These commitments include the Gigaton Challenge, which pledges to reduce customer greenhouse gas emissions by one gigaton, and the Opportunity for All commitment, which supports community programs that promote access to education and pathways to careers in green industries and STEM fields.

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About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit www.tranetechnologies.com.

About Fortune 
Fortune upholds a legacy of award-winning writing and trusted reporting for executives who want to make business better. Independently owned, with a global perspective and digital agility, Fortune tells the stories of a new generation of innovators, builders, and risk takers. Online and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable. Fortune creates communities by convening true thought leaders and iconoclasts – those who shape industry, commerce and society – through powerful and prestigious lists, events and conferences, such as the iconic Fortune 500, the CEO Initiative and Most Powerful Women. For more information, visit fortune.com. 

This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our earnings outlook, sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

CATÃNO, Puerto Rico, January 29, 2025 /3BL/ – As part of its commitment to supporting the local community around its BACARDÍ® rum distillery in Puerto Rico, family-owned Bacardi recently organized a tree distribution in the Marina Bahía de Cataño community.

The tree distribution event was held earlier this month at the distillery in Cataño, the largest premium rum distillery in the world. It brought together over 200 people and saw Bacardi donate fruit trees and plants such as Valencia orange, tangerine, lemon, acerola, purple patch, sweet pepper and peppers to emphasize the importance of preserving the environment, in addition to supporting the creation of habitats that promote pollination in Puerto Rico.

During the event, interactive and educational activities were presented to promote environmental sustainability including planting workshops; information and crafts from the Puerto Rico Bat Conservation Program (PCMPR); a discussion on the landfill crisis in Puerto Rico promoting awareness about waste management by the organization Sin Plástico PR; as well as the participation of artisans and small businesses from the Marina Bahía community. The activity culminated with a special presentation by the Puerto Rico String Orchestra.

This Bacardi initiative was intended not only to strengthen the connection with the community surrounding its ‘Cathedral of Rum’, but also to play a part in protecting the local environment.

As part of these continued efforts, in October last year Bacardi in Puerto Rico hosted the tenth edition of the Puerto Rico Bat Festival in collaboration with the Puerto Rico Bat Conservation Program (PCMPR). The event, held just ahead of National Bat Week was attended by more than 500 people and served to inaugurate a space dedicated to educating visitors about the importance of bats in our ecosystem, as part of the Casa BACARDÍ visitor experience.

The BACARDÍ rum site has also received Wildlife Habitat Council Conservation Certification in recognition of its commitment to environmental stewardship and for driving awareness of the role of pollinator gardens in building a healthy ecosystem.

About Bacardi Corporation 
Bacardi Corporation was founded in San Juan, Puerto Rico, in 1936, and is part of family-owned Bacardi Limited, the largest privately held international spirits company in the world. The current facility was built in 1958 on 127 acres in the town of Cataño. The rum production facility is the largest premium rum distillery in the world.

Since 1961, Bacardi has operated the state-of-the-art Casa BACARDÍ Visitor Center, the second most-visited venue in metro San Juan, drawing visitors from across the world to learn about the rich history of the Bacardi family and brand, as well as its unique production. www.visitcasabacardi.com

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Originally published in FedEx’s 2024 Global Economic Impact Report

Empowering small businesses around the world

Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive FedEx network is both a vital part of the global small business supply chain and a key distribution network for those companies. At the same time, FedEx directly contributes to the growth of smaller companies through its annual spending. In CY 2023, 90% of FedEx suppliers were classified as small business, and FedEx spending with those companies supported approximately 400,000 jobs at small businesses around the world.

FedEx designs its services to help businesses accelerate their growth and extend their global reach, which in turn supports local job creation and economic activity.

In FY 2024, FedEx continued to enhance its portfolio of SAM-focused services, including:

Offering discounted packaging services and domestic/international shipping to smaller companies around the world.Partnering with leading e-commerce and brick-and-mortar companies to extend the reach of the FedEx network, such as adding third-party pick-up and drop-off locations to help smaller e-commerce companies better serve their customers. Notable collaborations include:The expansion of self-collection points for import shipments at GS25 convenience stores across South Korea;Offering FedEx services at 1,100 outlets in collaboration with 2GO, SM Business Centers, and Alfamart in the Philippines;Launching more than 1,200 selfcollection lockers at Manila Metro stations in collaboration with Airspeed;And creating over 4,000 collection points across Poland in collaboration with nine major retailers.
 Forming alliances with private enterprises and government authorities to streamline importing and exporting. Notable collaborations include:An alliance between FedEx in Korea and eBay CBT (Cross Border Trade) that provides cross-border e-commerce logistics services for Korean businesses expanding internationally;An alliance with the Gyeongsangbukdo provincial government in Korea to support local businesses expand their presence into global markets;A collaboration with Mastercard and VISA in Thailand to empower global expansion for local SAMs;An alliance with Zonos in Europe that combines Zonos’ cross-border technology with the FedEx network to expedite cross-border shipments for SAMs by allowing shoppers to prepay all customs duties, taxes, and fees at checkout.
 Creating more shipping options for smaller businesses, such as the introduction of Regional EconomyServices in the United Arab Emirates, Saudi Arabia, Bahrain, Kuwait, Oman, and Jordan, which offers cost-effective deferred day-definite road solutions for less urgent shipments transported within these key Middle East markets.Providing an extensive range of educational resources to help small businesses grow their operations, including how-to guides and articles on FedEx Small Business Hub websites; panel discussions and training sessions at industry events; the FedEx E-Commerce Learning Lab in partnership with Accion Opportunity Fund to help small businesses get started in shipping; the “Making it Work” podcast that features business advice from successful entrepreneurs; and the “Journey of Small Business Success with FedEx” YouTube channel, which highlights growth stories from real customers.Creating the FedEx Innovation Lab (FIL) in India, which makes early-stage investments in digital startups that are developing technologies for smarter, more efficient supply chains. The FIL’s first investment was in Mad Street Den, a computer vision and AI company that has earned a reputation for delivering innovative AI solutions. The start-up’s AI platform enables operations, product and technology teams to improve and optimize efficiencies. Their products are deployed across several industries, including retail, healthcare, finance, insurance, logistics, and more.Empowering small businesses through the “SME Connect” series to interact with subject matter experts from FedEx and the industry for solution-focused discussions that can add value to their businesses.

To further strengthen the global SAM community, FedEx launched its Small Business Grant Program 12 years ago to recognize innovative entrepreneurs and provide funding to help accelerate their growth. Since then, FedEx has offered versions of the program in the U.S., Canada, LAC, and APAC, and in FY 2024 awarded over $1 million in prizes to more than 60 companies.

In the U.S., 10 companies received a total of over $230,000 in cash and prizes. The $50,000 grand prize winner was Bombi, an eco-conscious stroller company that incorporates 50 recycled plastic bottles in its stroller fabric, uses no-single-use plastics in their packaging, and donates to foundations for every stroller sold.In Canada, 16 winners received a total of $150,000 in cash prizes, including The Original Maple Bat Company, which sells custom maple baseball bats all over the world and received the grand prize of $25,000.In LAC, 33 companies from seven countries received more than $575,000. Winners included Chilean brewery Cerveza Atrapaniebla, which produces craft beer using water droplets collected from fog; Brazilian clothing company Equal Moda Inclusiva, which produces conventional and adapted items for people with various types of disabilities; and Mexican company Suul, which offers an alternative to traditional detergent to reduce plastic pollution.In APAC, four companies from Indonesia, Malaysia, Philippines, and Singapore shared a total prize pool of $69,000. The $30,000 grand prize winner was Lucence, a precision oncology start-up from Singapore that is developing non-invasive tests that aim to accurately diagnose cancer.

Read more

Click here to learn about FedEx Cares, our global community engagement program.

PORT CHESTER, NY, January 29, 2025 /3BL/ – Today, KeyBank, a Fortune 500 company with regional headquarters in Tarrytown NY, celebrated the opening of its newest branch office located at 1 North Main Street, Port Chester NY, with a ribbon cutting ceremony attended by bank leaders, local business owners and community partners.

“Opening this branch has been a journey that started more than a year ago with a vision to expand our presence in Westchester County and bring our exceptional banking services and community-focused values to Port Chester,” said KeyBank Regional Retail Executive Louis Hoxha. “It is exciting to be in the beautiful Main and Port residential community in the heart of a vibrant business and retail district.”

Hoxha went on to say “Westchester County is an important part of our Hudson Valley/Metro NY market and New York is the largest state we do business in — in fact, the roots of KeyBank go back 200 years to Albany NY. This new branch is a meaningful symbol of our continued commitment to this region.”

Village of Port Chester Trustee and Deputy Mayor Phil Dorazio offered congratulatory remarks, saying how important it is to have a local bank in the community. “I’m a small business owner, and Port Chester thrives on our small businesses. To have KeyBank here in this beautiful new building means a lot to our village.” Dorazio went on to say “Even before the doors opened and there was still brown paper on the windows, the people of KeyBank were already out in our community, sponsoring and attending events, and meeting people and businesses in the neighborhood. The fact that they have staffed this branch with Latinos and Spanish-speaking bankers to help this heavily Spanish community, which is the backbone of our village, is a real plus.”

Port Chester Village Manager and Chamber of Commerce board member Stuart Rabin echoed Trustee Dorazio’s remarks. “North Main Street and Westchester Avenue are very important to the Village and are areas that we are revitalizing for a new tomorrow. It is so exciting to have KeyBank here in this cornerstone piece of property in our downtown center. We wish you the best of luck here.”

The celebration included the presentation of a $10,000 community grant to Port Chester-based Project Morry, a nonprofit that provides academic enrichment, leadership development, and a residential summer learning experience for children grade fourth through twelve. KeyBank’s fund will help support the organization’s College and Career Readiness Program, guiding more than 150 economically disadvantaged students from 8th grade through their first year after high school graduation.

Project Morry Executive Director Dawn Ewing accepted the grant, saying “We are so thrilled to be welcoming KeyBank to the Port Chester community. Their clear goal of not only supporting the work of the local nonprofits like Project Morry, but truly being a part of the community itself separates them from so many other institutions. We look forward to being their partner as they begin their time here in Port Chester.”

KeyBank’s new 3,975 square foot full-service branch will provide clients with a full range of financial products and services, including personal and business banking, investment solutions, and mortgage lending. The facility will include state-of-the-art banking technology, a walk-up ATM, metered parking in front of the branch and free nearby parking, and a gathering room available for use by community groups upon request. This newest location represents KeyBank’s continued commitment to enhancing access to comprehensive financial services for individuals, families and businesses throughout the Westchester and Hudson Valley region. Doors opened to the public on Monday, January 27th.

ABOUT KEYCORP

In 2025, KeyCorp celebrates its bicentennial, marking 200 years of service to clients and communities from Maine to Alaska. To learn more, visit KeyBank Heritage Center. 

Headquartered in Cleveland, Ohio, Key is one of the nation’s largest bank-based financial services companies, with assets of approximately $187 billion at December 31, 2024. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,200 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com/. KeyBank Member FDIC.

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CONTACT: 

Karen Crane | Regional Communications Manager | 203-789-2752| karen_crane@keybank.com

Incluso si tu año nuevo comenzó en grande, quizás ahora estés preocupándote silenciosamente por las metas financieras que te planteaste a ti mismo y cómo alcanzarlas. Por suerte, no eres el único.

“El dinero puede ser un tema muy difícil para algunas personas”, afirma Chad Wolfe, asesor en finanzas y especialista en préstamos estudiantiles de My Secure Advantage, un programa de asesoramiento financiero ofrecido a los empleados de T-Mobile a través del sitio web de bienestar integral LiveMagenta. “La situación cambia todos los años y puede ser abrumador”.

Un cambio que puede hacer que las cosas sean menos abrumadoras, afirma Chad, es la nueva tendencia de responsabilidad financiera llamada “loud budgeting”, que está arrasando en las redes sociales y cuyo objetivo es erradicar el aislamiento que la gente puede sentir en cuanto a problemas de dinero.

Esta tendencia consiste en hablar abiertamente sobre tus decisiones financieras y cuándo saber decir no a cosas que no se alinean con tus metas. No solo es rechazar la invitación de tus amigos a unirte a una costosa salida nocturna, sino también explicar de forma honesta por qué esto te aleja de tus metas. Esta tendencia te empodera para que pongas límites y alcances el bienestar financiero con comodidad emocional, señala Wolfe.

“Creo que si puedes encontrar un sentido de comunidad que te permita tener esa libertad para ser honesto sobre tus metas y lo que posiblemente no estés haciendo para alcanzarlas, eso es genial”, explica Wolfe. “Me gusta pensar en esto como reemplazar ‘FOMO’, o el ‘miedo a perderse algo’, con ‘JOMO’, o la ‘alegría de perderse algo’”.

Un cambio cultural: “loud budgeting” en acción

Giovanna González, autora de gran éxito y educadora financiera que se enfoca en la generación Z, adoptó temprano el “loud budgeting”. En su libro Cultura & Cash, ofrece consejos prácticos en lenguaje sencillo a otras latinas de primera generación, así como a estudiantes y jóvenes profesionales, sobre cómo administrar su dinero con seguridad, pagar sus deudas, crear riqueza generacional y alcanzar la libertad financiera.

“El lenguaje que usas importa”, afirma González. “En vez de decir ‘no puedo permitírmelo’, prueba decir ‘eso no es una prioridad para mí en este momento’. Cambia la emoción de gastar dinero de un lugar de vergüenza y escasez, a sentirte en control y con claridad en tus metas financieras”.

El apoyo de tu comunidad puede ser clave para alcanzar las metas financieras, afirma ella. González recientemente encuestó a usuarios en redes sociales para ver si considerarían compartir un plan con amigos y familiares para ahorrar en un teléfono nuevo o en el costo por línea. La respuesta fue abrumadoramente afirmativa: el 82% de los encuestados dijo que sí. De hecho, el 63% dijo que ya comparte un plan telefónico, y el 71% de los participantes en la encuesta dijo que ha conservado un teléfono viejo o dañado por más tiempo del que hubiera querido debido al costo de reemplazarlo.

“Los resultados de la encuesta concuerdan con mi propia experiencia”, señaló González. “Compartí un plan telefónico con mi mamá y dos hermanos por cinco años para ahorrar en gastos”.

Haz rendir más tu dinero con ahorros inteligentes

A lo largo de los años, Wolfe ha compartido muchos consejos sobre presupuestos, desde ahorrar para un fondo de emergencia hasta saldar las deudas de interés alto y maximizar los aportes a la cuenta individual de jubilación (IRA). Ahora, hace hincapié en que hablar libremente sobre tus metas financieras —y ahorrar de forma inteligente para alcanzarlas— puede contribuir a tus finanzas.

Wolfe también afirma que la gente debería fijarse dónde puede combinar gastos para obtener un descuento (un consejo que compartió el año pasado también). Según Forbes, las personas en EE. UU. por lo general gastan $46 por mes en servicios de streaming. En vez de cancelar las suscripciones, combinarlas es una manera más fácil y conveniente de ahorrar mientras sigues disfrutando del entretenimiento. Los clientes de Metro Flex Plus, por ejemplo, obtienen acceso a una membresía de Amazon Prime como parte de su plan, un ahorro de $14.99 por mes. Sin mencionar otros incentivos cada semana con T-Mobile Tuesdays a través de la app T-Life, como entradas para el cine con descuento, ahorros en combustible Shell y mucho más.

Con un poco de “loud budgeting” y la ayuda de planes excelentes como Metro Flex Plus, puedes encontrar maneras creativas de obtener lo que quieres a la vez que sigues avanzando hacia tus metas financieras.

CHARLESTON, S.C., January 29, 2025 /3BL/ – Gildan is pleased to donate U.S.$200,000 worth of American Apparel® and Gildan® garments to FireAid, a concert benefiting those affected by the ongoing wildfires in Los Angeles, California. Shirts and hoodies will be available for purchase at the event with all funds from their sale going directly to short-term relief efforts as well as long-term initiatives to prevent future fire disasters in Southern California.

“At Gildan, we believe in making apparel responsibly and supporting the communities in countries where we operate,” said Chuck Ward, President, Sales, Marketing and Distribution at Gildan. “Our hearts go out to everyone, who has been affected by the wildfires in Southern California, and we are pleased to contribute to the relief efforts through our donation to the FireAid concert.”

Scheduled for January 30, FireAid features two star-studded lineups held at Intuit Dome and Kia Forum in Los Angeles. FireAid will also be broadcast and streamed across multiple platforms, as well as in select AMC Movie Theaters.

For more information on how to purchase tickets and donate to recovery efforts, visit fireaidla.org.

To learn more about Gildan’s commitment to its communities, please visit the Company’s website.

About Gildan 

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, and under an exclusive licensing agreement for the printwear channel for Champion®.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labor, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company’s long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

As previously seen on the CSRHub blog.

By Bahar Gidwani

Founded in 2017 and based in Perth, Australia, Sustainable Platform is a SaaS database that provides access to crucial and transparent sustainability & SDG (UN Sustainable Development Goal) performance data for thousands of global companies. We recently brought Sustainable Platform’s data on 23,000 entities into CSRHub’s big data consensus ESG ratings system.

One of Sustainable Platform’s foci is providing feedback on company performance relative to the UN Sustainable Development Goals. It also offers metrics on social, environmental, and sustainable technology performance. We were particularly interested in an indicator of an entity’s greenwashing activity.

We have always been concerned that our ratings might be influenced by greenwashing. (Per the UN: “Greenwashing is a deceptive practice where companies make misleading claims about their environmental impact to gain market share.”) Our ratings get input from many stakeholders who could be influenced by a greenwashing company’s deceptions. We hoped that having multiple sources with different perspectives would guard us against greenwashing effects. But we had no good way to check.

We matched Sustainable Platform’s assessment of greenwashing activity to CSRHub’s Overall Rating for 17,138 entities. We were pleased to see an indication that greenwashing seems to have very little direct effect on our ratings.

Greenwashing May Have Only a Small Effect on CSRHub Scores

Sustainable Platform Greenwashing Risk Level# of Matched EntitiesAverage CSRHub Overall Rating *Low13,59649.5Moderate2,85249.6High69050.0

* Average rating for September 2024.

We love to see new ideas—new ways to examine how entities are responding to the demands from their stakeholders for information and better social performance. We will soon release an SDG “calculator”—a way to estimate what an entity’s performance may look like from the perspective of the UN’s SDG system.

We hope to match this to Sustainable Platform’s direct observation of entity SDG performance. We can then both check the quality of our tool and look for places where company reporting to SDGs is not being understood by our ESG ratings community.

Statistical Analysis on Greenwashing Impact

We checked to see if the half-point difference between high-risk and the other levels was significant. We saw a z-score of -1.6 when we compared the means for the moderate and high scores.

This suggests there is about a 95% chance they are different and that the high-score entities do get a small benefit from their greenwashing activity.

About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions.  Founded in 2007, CSRHub covers 57,528 public and private companies, and provides ESG performance scores on over 38,833 companies from 134 industries in 156 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 967 sources to produce a strong consensus signal on corporate sustainability performance. Interested in learning more about CSRHub? Click here.

About Sustainable Platform

Sustainable Platform provides independent sustainability data and metrics on public and private companies to institutional investors and insurance companies globally. Since 2017, SP has offered asset owners and managers—with over $20 trillion under management—up-to-date sustainability data through its proprietary software and analytics. SP’s platform delivers unique, scientifically driven ways to measure risks, enhance portfolios, and independently verify if companies and funds align with their policies and mandates.

Celebrating its sixth annual tour, the Curiosity Cube from MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, traveled across North America and Europe during 2024 to fuel curiosity and discovery among visitors.

The 2024 tour brought a new look, to the Curiosity Cube’s exterior and new lessons focused on sustainability. With a new look and lessons, the goal of the Curiosity Cube remained the same: enhance access to science education and foster innovation in the next generation of scientists. Through 282 events, more than 43,000 students in 208 communities across 14 countries learned how they can impact the planet by making sustainable choices through hands-on experiments led by real-life scientists at MilliporeSigma.

What does the Curiosity Cube have in store for 2025? Stay tuned for exciting news to come!

To learn more about the Curiosity Cube mobile science lab, visit TheCuriosityCube.com and follow the Curiosity Cube on Instagram @curiositycube_milliporesigma.