News Type: Press Release

3Degrees Honored as Best for Environment

Independent non-profit assessment identifies 3Degrees as a creator of positive community impact

3Degrees was honored today at the first annual Best for the World Celebration and Awards Ceremony. The company was recognized for the positive environmental impact of its products, services and internal business practices.

“We are honored to be part of today’s ceremony,” said Steve McDougal, CEO of 3Degrees after he accepted the award. “3Degrees is a company centered around two fundamental notions. First, that many people in this country are willing to direct their money and time to support renewable energy. Second, that as a business we could hold ourselves to a higher standard in how we built and operated the business. This distinction from B the Change Media recognizes that union.”

The Best for Environment category judges business practices and product offerings against environmental impact. In addition to its mission-based product line 3Degrees matches 100 percent of their electricity usage with renewable energy certificates, offsets employee commute emissions and gives preference to local, sustainable and fair-trade suppliers, just to name a few.

“The companies we are honoring as the best for the world represent the cutting edge of a global movement using business as a force for good. We are inspired by them, and feel deeply honored to join them in this historic and ground-breaking celebration,” said Bryan Welch, CEO of B the Change Media.

The ceremony took place at the University of California, Berkeley’s Haas Business School. Only the top 10 percent of Certified B Corporations received awards in a variety of categories.

 

Learn more about 3Degrees commitment for positive community change in the 2015 Sustainability Report. 

OneEnergy, 3Degrees, and Net Impact Announce 2018 Energy Scholars

2018 Energy Scholars award winner-group shot

Top academic minds join high caliber community of renewable energy leaders

2018 Energy Scholars award winner-group shot

From left to right: Bhuvan Neema, Michelle Davis, Krisztina Pjeczka, Josh Constanti, Kayla Kutter, Jaydeep Laljani, Taylor Price, and Nitish Garg

In partnership with Net Impact, OneEnergy Renewables and 3Degrees are thrilled to announce the 2018 class of Energy Scholars.

The Energy Scholar program, now in its seventh year, is designed to cultivate and empower tomorrow’s renewable energy leaders through professional mentoring, networking, and industry access. The goal of the program is to foster a new generation of skilled and experienced professionals to take on the fight against climate change.

“We congratulate the 2018 Energy Scholar awardees and look forward to supporting their contributions toward an equitable new energy economy,” said Jennifer Barnes, vice president of operations & communications at OneEnergy Renewables. “We are also thrilled to have partnered with our long-standing friends at 3Degrees this year.  OneEnergy believes that with both companies working together, the Energy Scholars will enjoy even more career opportunities and experiences.”

The Energy Scholar Program recipients comprise students from esteemed institutions such as Duke, UCLA, University of Michigan, and Yale across the spectrum of renewable energy industry needs, including sustainable energy policy, power system modeling, and renewable thermal technologies.

“We are enjoying getting to know this diverse and talented class of Energy Scholars.” said Adam Capage, vice president of corporate and government affairs at 3Degrees. “Their impressive academic achievements, coupled with steadfast commitment to growing the renewable energy industry makes us optimistic about the future.”

Net Impact, OneEnergy Renewables and 3Degrees would like to congratulate the exemplary dedication these students continue to demonstrate and look forward to seeing the impact they will make on the renewable energy sector.

“Net Impact is so proud of our continued partnership with One Energy Renewables during the last several years!” said Liz Maw, Net Impact’s CEO. “This year, we deepened our shared commitment further, cultivating emerging-generation renewable energy leaders through the Energy Scholars program. By expanding our partnership to include 3Degrees, another pioneering organization focused on transitioning towards a low-carbon economy, as well as including the topic of racial diversity at the Energy Scholars conference session, collectively, we’re accelerating our future energy industry leaders in key, relevant ways. We look forward to many more years of working together for a more sustainable world.”  

To learn more about the Energy Scholars program, click here  and here.

3Degrees prepares to scale with new COO role, hires Malcolm Fabiyi

Dr Malcolm Fabiyi

3Degrees, a leading global provider of climate solutions, today announced that Dr. Malcolm Fabiyi has been appointed Chief Operating Officer, a new position within 3Degrees.

In his new role, Fabiyi will work closely with 3Degrees’ executive leadership team and the recently expanded board of directors and advisory board. In addition to overseeing the company’s operations, he will help the company execute new product and service introductions as well as the overall corporate growth strategy as 3Degrees delivers climate solutions to an increasingly global customer base.

3Degrees CEO Steve McDougal said Fabiyi will immediately contribute to accelerating 3Degrees’ progress in three key areas:

  • Advance 3Degrees’ ability to scale during a time of unprecedented growth and increasingly sophisticated demand from clients for net zero emissions solutions
  • Strengthen leadership capabilities to support ongoing global expansion
  • Improve operational and client services capabilities, with a focus on technological innovation

“As a high growth company with ambitious goals, we have reached a point where a dedicated focus on product and service coordination and operational excellence is critical to our ability to serve our global client base and meet their demand for solutions to achieve sophisticated net zero goals,” McDougal said. “Malcolm is the perfect person to fill our new COO role. He brings strong leadership, global experience, and technical expertise. And he has a true calling and passion for climate action.”

Fabiyi brings 20+ years of combined experience in corporate management, environmental solutions, and management consulting to 3Degrees, as well as an international perspective from living and working in Africa, Europe, South America, Asia, and North America. He most recently served as COO for Drylet, Inc. Fabiyi holds a PhD in Chemical Engineering from the University of Cambridge and an MBA from the University of Chicago Booth School of Business. He holds a BSc in Chemical Engineering from the University of Lagos.

Fabiyi said he was attracted to 3Degrees based on its mission, the caliber of its past work, and its broad and expanding capabilities and global footprint.

“I am incredibly energized to help lead 3Degrees to its next phase of innovation tied with continuous improvements in operational excellence,” Fabiyi said. “I am also thrilled to be joining a company that is an active member of the B Corp™ community.”

Three Speakers from 3Degrees Featured at Renewable Energy Markets Conference

Good things come in threes.

3Degrees will showcase three executive speakers at the annual 2016 Renewable Energy Markets (REM) conference on October 16-18, a premiere clean energy industry conference focusing on national and international markets for renewable energy. Our speakers will highlight 3Degrees’ leading-edge work developing and delivering innovative renewable energy products for commercial, industrial and utility customers.


Kim Fiske with 3Degrees
Kim Fiske

Vice President, Renewable Energy Procurement
Kim will bring her 15+ years of renewable energy development experience to a panel discussion about how corporations are navigating market risks, internal obstacles and policy barriers to reduce their greenhouse gas emissions by buying renewable energy through power purchase agreements (PPAs).

 

Amanda Mortlock with 3Degrees


Amanda Mortlock

Vice President, Utility Partnerships
Amanda will lead and moderate a panel addressing new, innovative product offerings at large utilities that are keeping green pricing programs relevant. Other speakers on this panel include: Kerynn Gianotti, PG&E; Josh Halley, Portland General Electric; and Eric O’Shaughnessy, NREL.

 

Scott Eidson with 3Degrees
Scott Eidson

Vice President, Environmental Markets
Scott will be one of two speakers within the “Market Growth and Trends: Spotlight on California/Western Voluntary and Compliance Markets” session, focused on addressing market trends, drivers, barriers, and impacts in both voluntary and compliance markets in the WECC and the West.

 

For over 20 years, the annual REM conference has been the leading forum for the clean energy marketplace — attracting participants from around the globe who share a commitment to promoting clean energy. Organized by the nonprofit Center for Resource Solutions and co-sponsored by the U.S. Environmental Protection Agency, this annual meeting of clean energy stakeholders includes generators, marketers, utilities, purchasers, policymakers and regional stakeholders. Over the last decade, 3Degrees has been a proud REM sponsor.

“The energy industry is undergoing rapid change across both national and international markets. 3Degrees is excited to share insights at REM from our work helping corporations, utilities and project developers develop and implement next-generation renewable energy strategies —  including PPAs, community solar, and innovative approaches to getting new projects built,” says Steve McDougal, CEO of 3Degrees.

Learn more: www.renewableenergymarkets.com

Apple, Akamai, Etsy and Swiss Re Collaborate to Accelerate Renewable Energy Development in Illinois and Virginia

PJM Press Release

Projects to generate 290 megawatts of clean energy, enough to power 74,000 homes

Apple, Akamai, Etsy and Swiss Re today announced an agreement to develop two new wind and solar energy farms in Illinois and Virginia. Spearheaded by Apple, the new projects will generate 290 megawatts to the PJM electric grid serving much of the Eastern United States, including areas of Virginia, Illinois, Pennsylvania, New Jersey, and Maryland. The two new projects will provide enough power for 74,000 homes and will support each of the companies’ operations.

Akamai, Etsy and Swiss Re previously had limited opportunity to access large renewable energy projects in the regions covered by the thirteen state PJM wholesale electric market. By collaborating with Apple, these companies were able to access wind and solar power from the new projects at competitive prices and agreement terms. Collaborations like this accelerate the pace at which new renewable energy generation is built and brought online.

The group, with technical assistance from 3Degrees, will collectively purchase 125 megawatts from a wind farm near Chicago and 165 megawatts from a solar PV project outside Fredericksburg, Virginia, which will be delivered to the electric grid covered by the PJM wholesale electric market. The projects are expected to come online over the next two years. The solar and wind projects will be developed by sPower (an AES and AIMCo company) and Geronimo Energy, respectively.

“At Apple, we’re proud to power all of our operations around the world with 100 percent renewable energy,” said Lisa Jackson, Apple’s Vice President of Environment, Policy and Social Initiatives. “In the process, we’ve charted a course for other companies and organizations to purchase renewable energy and transition their own operations to greener power. The collaboration announced today shows how companies of all sizes can address climate change by coming together.”

“Etsy is excited to be a part of a project that will benefit both the planet and our customers,” said Rachel Glaser, Etsy Chief Financial Officer. “This agreement will help Etsy to meet our goal of powering operations with 100% renewable electricity while also innovating by paving the way for small companies to participate in the renewable energy market.”

“We are proud to be partnering with these corporate leaders to accelerate renewable energy adoption. For Akamai, this collaboration was critical in closing these deals; and, in conjunction with our Texas wind project signed last year, we are on target to achieve our 2020 global renewable energy goal,” said Jim Benson, Akamai EVP and CFO.

“As a leader in mitigating climate risk, Swiss Re aims to reduce its carbon footprint and support renewable energy, which is why we’re so happy to be part of this collaboration,” said Brian Beebe, Head of Origination North America, Weather and Energy, Swiss Re Corporate Solutions. “We also hope to speed up the adoption of these clean technologies through Swiss Re Corporate Solutions’ innovative insurance products, which help owners of wind and solar assets decrease cash flow uncertainty.”

“We commend Apple’s leadership in this collaboration between them, Akamai and Etsy. Without this group of forward-thinking companies this project would not be a reality,” said Ryan Creamer, CEO of sPower.


About Akamai
As the world’s largest and most trusted cloud delivery platform, Akamai makes it easier for its customers to provide the best and most secure digital experiences on any device, anytime, anywhere. Akamai’s massively distributed platform is unparalleled in scale with over 200,000 servers across 130 countries, giving customers superior performance and threat protection. Akamai’s portfolio of web and mobile performance, cloud security, enterprise access, and video delivery solutions are supported by exceptional customer service and 24/7 monitoring. To learn why the top financial institutions, e-commerce leaders, media & entertainment providers, and government organizations trust Akamai please visitwww.akamai.com,blogs.akamai.com, or @Akamai onTwitter. For more information about Akamai’s renewable energy program please visit our sustainability site.

About Etsy
Etsy is the global marketplace for unique and creative goods. Our mission is to keep commerce human, and we’re committed to using the power of business to strengthen communities and empower people. We connect millions of buyers and sellers from nearly every country in the world. Buyers come to Etsy to be inspired and delighted by items that are crafted and curated by creative entrepreneurs. For sellers, we offer a range of tools and services that address key business needs.
Etsy was founded in 2005 and is headquartered in Brooklyn, New York.

About Swiss Re
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organised into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.

About sPower
sPower, an AES and AIMCo company, is the largest private owner of operating solar assets in the United States. sPower owns and operates a portfolio of solar and wind assets greater than 1.3 GW and has a development pipeline of more than 10 GW. sPower is owned by a joint venture partnership between The AES Corporation (NYSE: AES), a worldwide energy company headquartered in Arlington, Virginia, and the Alberta Investment Management Corporation, one of Canada’s largest and most diversified institutional investment fund managers. For more information, visit www.sPower.com.

McDonald’s and eBay team up with Lightsource bp to power US operations with solar

solar panels in field
  • Corporate power purchase agreements executed for electricity from largest solar project in Louisiana
  • 345 MWdc solar farm estimated to abate about 450,000 metric tons of GHG emissions annually, equivalent to annual emissions from about 99,000 fuel burning cars
  • Project to stimulate local economy by generating an estimated $30 million in new revenue to the Pointe Coupee Parish along with creating approximately 400 construction jobs
solar panels in field

Photo courtesy of Lightsource bp

McDonald’s Corporation and eBay Inc. today announced agreements with Lightsource bp to purchase power from what will be Louisiana’s largest solar project, located 30 miles northwest of Baton Rouge in Pointe Coupee Parish. The 345 megawatt Ventress Solar project will help McDonald’s and eBay meet their sustainability goals and advance their commitment to climate action, while growing Lightsource bp’s expanding footprint of solar assets across the Southeast. Once complete, the project will generate over 600,000 megawatt-hours (MWh) of clean energy annually, equivalent to the average annual consumption of 59,000 US homes.

“As one of the world’s largest restaurant companies, McDonald’s is uniquely positioned to help spur significant action around climate change,” said Emma Cox, Global Renewable Energy Lead at McDonald’s. “Our renewable energy deal with Lightsource bp will not only create Louisiana’s largest solar project and serve as the latest milestone in making significant progress toward our science-based emissions reduction target for 2030, but also demonstrate our belief that meaningful solutions to building a sustainable future require partnership and collaboration.”

“At eBay, investing in clean energy remains a focus of our business as we aim to attain 100 percent renewable energy by 2025,” said Renee Morin, Chief Sustainability Officer, eBay. “This project enables us to source the clean energy equivalent of our data center. Our collaboration with Lightsource bp and McDonald’s uniquely propels our shared goal to accelerate the transition to a clean energy economy.”

Construction is expected to begin as early as the end of this year on the Ventress Solar farm, with commercial operation starting in mid-2023. Lightsource bp is developing the project and will be the long-term owner and operator.

“This agreement is a great example of the teamwork needed to achieve our mutual goals for a healthier, more sustainable and resilient planet and economy for generations to come,” said Kevin Smith, CEO of the Americas for Lightsource bp. “Customer aggregation deals such as this allow businesses of varying sizes and energy needs to come together and spur meaningful development of clean and affordable energy sources in the US. This collaborative agreement by McDonald’s and eBay is a model we hope others will replicate.”

Local economic benefits beyond reducing greenhouse gas pollution

Beyond improving the health and energy security of communities across America, large-scale solar projects help strengthen local economies. Construction of the over $300 million privately funded solar farm will:

  • Create approximately 400 construction jobs for 15-18 months, comprised primarily of local labor
  • Provide an estimated $30 million dollar boost to Pointe Coupee Parish over the project life – providing additional funding for schools, fire departments, libraries and health services – without a tax increase on its citizens
  • Deliver an indirect economic impact of over $200 million, according to a study by the Baton Rouge Area Chamber, an economic development agency supporting the nine-parish Baton Rouge Area

“This project is exciting news for our parish,” said Major Thibaut, Pointe Coupee Parish President. “It brings the largest economic development project to the area in thirty years, with minimal impact on our infrastructure. The participation in the PILOT program means approximately $30 million in revenue for parish government, law enforcement and school system without an increase in taxes on our residents.”

Dual use solar – maximizing benefits to the environment and local community

With proper planning and land management, solar farms can increase biodiversity and improve local ecosystems. A long-term environmental action plan is underway for Ventress Solar that aims to maximize local sustainability benefits through habitat creation and co-located agriculture to farm the land while also harnessing solar energy.

CustomerFirst Renewables and 3Degrees, representing McDonald’s and eBay respectively, partnered to advise the buyer aggregation during the transaction, and Ballard Spahr led negotiations on behalf of the buyers.


About Lightsource bp

Lightsource bp is a global leader in the development and management of solar energy projects, and a 50:50 joint venture with bp. Our purpose is to deliver affordable and sustainable solar power for businesses and communities around the world. Our team includes over 500 industry specialists, working across 15 countries. We provide full scope development for our projects, from initial site selection, financing and permitting through to long-term management of solar projects and power sales to our clients. Lightsource bp in the U.S. is headquartered in San Francisco with development offices in Denver, Philadelphia, Atlanta and Austin. Since late 2017, the team has developed a pipeline of more than 8 gigawatts of large-scale solar projects at various stages of development across the United States with over 2.7 gigawatts of contracted assets representing more than $2.2 billion in potential investment. For more information please visit lightsourcebp.com.

About McDonald’s

McDonald’s is the world’s leading global foodservice retailer with over 39,000 locations in over 100 countries. Approximately 93% of McDonald’s restaurants worldwide are owned and operated by independent local business owners. For more information, visit www.mcdonalds.com, or follow us on Twitter @McDonalds and Facebook. www.facebook.com/mcdonalds.

About eBay

eBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects millions of buyers and sellers in 190 markets around the world. We exist to enable economic opportunity for individuals, entrepreneurs, businesses and organizations of all sizes. Founded in 1995 in San Jose, California, eBay is one of the world’s largest and most vibrant marketplaces for discovering great value and unique selection. In 2020, eBay enabled $100 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit www.ebayinc.com.

3Degrees named Best Trading Company by Environmental Finance Readers

First class customer service and strong industry relationships pave way for 3Degrees to stay at the top 

3Degrees announced today that it has been named the 2015 Best Trader for North American RECs by Environmental Finance Magazine.  The designation is based on reader assessment through the largest and most closely watched survey of the world’s environmental markets. 

3Degrees is known for managing a diverse portfolio of renewable energy certificates (REC). “Having a range of REC options means 3Degrees clients can support the type of clean energy that is most relevant to their business and geographic location,” says Scott Eidson, 3Degrees’ Head of Origination and Trading. 

The company has a long history of working with developers from project conception through contractual purchases of RECs and power. In 2014 alone 3Degrees took receipt of more than 11.5 million megawatt-hours from over 350 different renewable energy facilities. 47 percent of those were sourced from facilities that came on line in 2010 or more recently. The purchases were made under 255 distinct contracts. “Strong relationships with project developers and brokers are what help 3Degrees stand apart in the industry — and meet our mission to connect people with cleaner energy on a massive scale,” says Eidson. 

This is the fourth time 3Degrees has earned a top designation by Environmental Finance readers in this category. The company was also named EPA Supplier of the Year for the eighth time earlier this year. 

 

3Degrees Wins Bay Area Best and Brightest, 3rd Year in a Row

San Francisco

Attention to “work-life balance” sets 3Degrees apart as an employer

3Degrees announced today that it was named a 2016 San Francisco Bay Area Best and Brightest Company. Based on employee assessment, the award highlighted leadership’s attention to “work-life balance” as a point of differentiation.

“Employees are happier and more productive when they’ve taken time away from the office to decompress,” said CEO Steve McDougal. “Fostering work-life balance is important to their health and happiness, and thus our business.”

3Degrees is known for creative human resource practices. As a global organization with a large part-time and seasonal workforce the company has a long history of empowering mobile workers and offering flexible hours. After certifying as a Benefit Corporation in 2012 the company added paid volunteer hours and an innovative “Flex-PTO” plan that uses the honor system to manage paid time off.  

“Providing a variety of options to the differing job types and needs of employees is critical to achieving the goals of the organization as a whole,” continued McDougal. “The annual Best and Brightest survey provides valuable benchmarking data that we can use to set us apart from other employers.”

See a list of available jobs on our careers page.

Juhl Energy Partners With GE to Build First of Its Kind Solar-Wind Hybrid Project

wind-turbine
  • Bank of America Commits to Long-Term REC Purchases from the Project
  • GE’s Wind Integrated Solar Energy (WiSE) Technology Platform used to Maximize Energy Production
  • Venture Illustrates Potential of Hybrid Solutions to Accelerate Penetration of Renewable Energy

Juhl Energy announced today that it has selected GE Renewable Energy (GE:NYSE) to supply equipment for the first commercial integrated solar-wind hybrid power generation project in the U.S.  The Minnesota-based clean energy company has developed the 2.0MW community-based renewable energy project to provide low-cost, locally generated energy to the Lake Region Electric Cooperative of Pelican Rapids, Minn.  Bank of America (BAC:NYSE) has provided necessary financial support for the project, agreeing to purchase the project-generated Renewable Energy Certificates (RECs), in line with its environmental goals.  3Degrees facilitated the connection between Juhl Energy and Bank of America.

“Distributed generation will play a major role in the implementation of renewable energy in the U.S. electrical market in the years to come,” said Dan Juhl of Juhl Energy. “Projects such as this one, with Juhl Energy’s package design and GE hybrid technology, will economically blend clean, renewable energy into the electric grid at a lower cost, plus add reliability to the system.”

“This unique renewable energy project will provide a tremendous amount of value to the local community. The cost savings from purchasing the hybrid project’s energy will help provide rate stability, benefiting all of our co-op members,” stated Tim Thompson, CEO of Lake Region Electric Cooperative.

The project will use one 2.0-116 wind turbine from GE Renewable Energy’s Onshore Wind business supported by 0.5 MW of PV solar.  The innovative project utilizes GE’s Wind Integrated Solar Energy (WiSE) technology platform – developed through GE’s Global Research Center – to directly integrate the solar panels through the wind turbine’s converter so both wind and solar share the same balance of plant, increasing system net capacity by 3-4 percent and annual energy production by up to 10 percent. The hybrid design gives these type of projects the ability to produce power when it is most needed, with the solar essentially providing summer peak energy, and the wind providing winter peak energy.

Pete McCabe, president and CEO, Onshore Wind, GE Renewable Energy, said, “By leveraging the complementary nature of wind and solar, this unique project shows how GE is driving technology innovation that will help customers deliver more renewable energy in an even more efficient manner.”

Bank of America’s purchase of the RECs from the project long term will cover the bank’s electricity usage in the state and will contribute to its 2020 environmental operations goal of purchasing 100% renewable electricity.

“Accelerating the path to a sustainable future starts with creative thinking and projects that can help drive more low-carbon energy solutions in our communities,” says Alex Liftman, Global Environmental executive at Bank of America. “Through supporting innovative renewable energy projects like this one, we continue to enhance our commitment to reduce our operational impacts on the environment.”

The project will be owned by a subsidiary of Juhl Energy that pools together capital from the company and outside private investors. Juhl is further partnering with Faith Technologies, Inc., to construct the project and collaborate on building additional hybrid projects.   Faith Technologies, Inc. is a national leader in electrical planning, engineering, design and installation that is headquartered in Menasha, Wisconsin and has regional offices throughout the country.  This project will be operational before year end 2018.

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About Juhl Energy

Juhl Energy is an established leader and pioneer in the renewable energy industry with a focus on competitive, clean energy solutions, including wind, solar, hybrid systems and heat/power projects designed for rural communities, municipal electric companies, and industrial companies throughout the United States.  Juhl Energy has completed 25 projects, accounting for over 350 MW’s of power.  Juhl services every aspect of development from general consultation, engineering, construction and management, to system operations and maintenance.   Juhl Energy is headquartered in Chanhassen, MN, and has other offices in Chicago, and Milwaukee. 

About GE Renewable Energy

GE Renewable Energy is a $10 billion business with an innovative spirit and entrepreneurial mindset, bringing together one of the broadest energy products and digital services portfolios in the renewable energy industry. Combining onshore and offshore wind, blades, hydro and innovative technologies such as hybrid systems and concentrated solar power, GE Renewable Energy has installed more than 400+ gigawatts capacity globally to make the world work better and cleaner. With more than 22,000 employees present in more than 80 countries, GE Renewable Energy is working on new ways to power the world’s biggest economies and more remote communities. 

About Bank of America

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact.