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  <entry>
   <title>MetLife’s Commitment to Sustainability: Aligning with UN Goals and Driving Long-Term Value</title>
   <updated>2024-07-19T14:36:00+02:00</updated>
   <id>https://www.dailycsr.com/MetLife-s-Commitment-to-Sustainability-Aligning-with-UN-Goals-and-Driving-Long-Term-Value_a3933.html</id>
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   <published>2024-07-19T14:34:00+02:00</published>
   <author><name>Debashish Mukherjee</name></author>
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      <img src="https://www.dailycsr.com/photo/art/default/81646038-58777862.jpg?v=1721393880" alt="MetLife’s Commitment to Sustainability: Aligning with UN Goals and Driving Long-Term Value" title="MetLife’s Commitment to Sustainability: Aligning with UN Goals and Driving Long-Term Value" />
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      <div style="text-align: justify;">At MetLife, sustainability is about managing our business responsibly and supporting people throughout their lives. Our mission—Always with you, building a more confident future—guides our strategy and embodies the core commitment we make to our customers, employees, shareholders, and communities. <br />  &nbsp; <br />  For our customers, we offer products and services that promote financial stability and health, while making investments that enable us to uphold our financial commitments. For our employees, we show our dedication through opportunities for career development, meaningful work, and a culture that values support and inclusivity. For the communities we serve, we strive to foster economic opportunities and prosperity. <br />  &nbsp; <br />  By leveraging our people, products, services, and investments to meet our promises to stakeholders, we aim to generate long-term value for our shareholders. Additionally, we are committed to protecting the environment as a means of enhancing overall health and well-being. <br />  &nbsp; <br />  For details on our approach to sustainability governance, please refer to Global Sustainability Governance. <br />  &nbsp; <br />  Strategic Alignment with the Sustainable Development Goals <br />  To contribute to a sustainable future for both people and the planet, we have aligned our sustainability strategy with several of the 17 United Nations Sustainable Development Goals (SDGs) that are pertinent to our business (see Appendix for details):</div>    <ul>  	<li style="text-align: justify;">Good Health and Well-Being</li>  	<li style="text-align: justify;">Gender Equality</li>  	<li style="text-align: justify;">Decent Work and Economic Growth</li>  	<li style="text-align: justify;">Reduced Inequalities</li>  	<li style="text-align: justify;">Climate Action&nbsp;</li>  </ul>    <div style="text-align: justify;">MetLife has also been a participant in the UN Global Compact (UNGC) since 2020. The UNGC advocates for a principles-based approach to integrity in human rights, labor, environment, and anti-corruption.</div>  
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  <entry>
   <title>Diverse and Inclusive Workforce: Crown's Commitment to Positive Change</title>
   <updated>2024-01-16T12:18:00+01:00</updated>
   <id>https://www.dailycsr.com/Diverse-and-Inclusive-Workforce-Crown-s-Commitment-to-Positive-Change_a3421.html</id>
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   <published>2024-01-16T12:15:00+01:00</published>
   <author><name>Debashish Mukherjee</name></author>
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      <img src="https://www.dailycsr.com/photo/art/default/77829854-56531890.jpg?v=1705405170" alt="Diverse and Inclusive Workforce: Crown's Commitment to Positive Change" title="Diverse and Inclusive Workforce: Crown's Commitment to Positive Change" />
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      <div style="text-align: justify;">Our workforce stands as our most valuable asset, and the foundation of our culture and success lies in the diverse qualities, knowledge, and unique talents that each employee contributes to the workplace. We understand the significant impact the physical and mental well-being of our team has on various aspects of business success, including employee retention, innovation, and collaboration. <br />  &nbsp; <br />  Committed to fostering a healthy work-life balance and ensuring our employees feel acknowledged and valued, we implemented several initiatives globally in 2022. These initiatives aimed to underscore the importance of self-care and concern for others. Additional efforts to support employee well-being included family days, cook-out events, and health fairs, all designed to express appreciation and enhance engagement. <br />  &nbsp; <br />  In Wantage, U.K., our site organized the Company’s inaugural Mental Health &amp; Well-being Day. This event, led by the Mental Health Working Group formed post-COVID-19 lockdowns, covered topics such as healthy eating, weight management, anxiety, depression, and financial wellness. The newly formed team, including Mental Health First Aiders, provides confidential advice and resources for colleagues facing mental health challenges. Year-round activities organized by the team encompass webinars, mental health awareness talks, promotion of the Employee Assistance Program, and compiling mental health resources on our Intranet. <br />  &nbsp; <br />  Crown plants in Kankakee, Illinois, and Toledo, Ohio, organized voluntary weight loss competitions to encourage health and well-being. Remarkably, participants from the Toledo facility collectively achieved a 30% reduction in body weight. <br />  &nbsp; <br />  Family days at our facilities in Bowling Green, Kentucky, and Martinsville, Virginia, featured diverse activities, including watching Minor League Baseball and partnering with the local NASCAR racetrack, respectively. In Custines, France, a family day centered around fairground attractions also served as an opportunity to educate attendees about metal packaging recycling. A specially designed aluminum can with an augmented reality experience added an element of fun and engagement to the recycling message. <br />   <br />  <strong>In the Spotlight: Diversity &amp; Inclusion</strong> <br />  Crown is dedicated to mirroring the diversity of the communities we serve. Our unwavering commitment lies in cultivating a work environment that is both diverse and inclusive, enabling individuals to unlock their full potential and express their creativity. Over the long term, our employees embody the essence of our culture and aspirations, actively contributing to the construction of our sustainable future. Collaboratively, we strive to make a positive impact on the communities we engage with and expand our employer brand on a global scale. Our pride in early achievements propels us forward as we remain resolute in realizing the objectives set during the establishment of our Twentyby30™ sustainability program. <br />  &nbsp; <br />  Our aspirations persist, and we continue to pursue our journey guided by the following objectives: <br />  &nbsp;</div>    <ul>  	<li style="text-align: justify;">Fostering awareness of Diversity &amp; Inclusion (D&amp;I) and implementing best practices</li>  	<li style="text-align: justify;">Positioning ourselves as the preferred employer</li>  	<li style="text-align: justify;">Ensuring that D&amp;I remains prominently integrated into our overarching corporate strategy</li>  	<li style="text-align: justify;">Cultivating positive workplaces where D&amp;I is ingrained as standard practice</li>  	<li style="text-align: justify;">Throughout the year, we take proactive measures to educate, inform, and support an environment where all employees feel welcome, heard, and empowered to deliver their best work. This involves:</li>  	<li style="text-align: justify;">Conducting workshops and training sessions across divisions to address unconscious bias, the gender gap, and other pertinent topics through open and safe dialogue</li>  	<li style="text-align: justify;">Acknowledging and promoting D&amp;I best practices implemented in our facilities</li>  	<li style="text-align: justify;">Enhancing our recruitment and onboarding processes, including the development of regional strategies to attract and nurture talents among minorities and women</li>  	<li style="text-align: justify;">Regularly reviewing existing policies, practices, and procedures to identify gaps and issuing new guidance as necessary</li>  	<li style="text-align: justify;">Advocating for a positive work environment, free from harassment and bullying, across all our locations</li>  	<li style="text-align: justify;">Establishing D&amp;I Committees within each of the Company's divisions</li>  </ul>    <div style="text-align: justify;">To know more, click <a class="link" href="https://www.crowncork.com/sites/files/2023-06/2022-Crown-Holdings-Sustainability-Report.pdf" target="_blank">here.</a> </div>  
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  <entry>
   <title>Energy Transition Towards ‘Net Zero Carbon Emissions By 2050’</title>
   <updated>2020-08-31T21:24:00+02:00</updated>
   <id>https://www.dailycsr.com/Energy-Transition-Towards-Net-Zero-Carbon-Emissions-By-2050_a1823.html</id>
   <category term="Companies" />
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   <published>2020-08-31T21:23:00+02:00</published>
   <author><name>Lorene Stevens</name></author>
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Baker Hughes releases ‘2019 Report on Corporate Responsibility’.     <div style="position:relative; float:left; padding-right: 1ex;">
      <img src="https://www.dailycsr.com/photo/art/default/49454557-38467504.jpg?v=1598902934" alt="Energy Transition Towards ‘Net Zero Carbon Emissions By 2050’" title="Energy Transition Towards ‘Net Zero Carbon Emissions By 2050’" />
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      <div style="text-align: justify;">Dailycsr.com – 31 August 2020 – Today, Baker Hughes has published its “2019 Report on Corporate Responsibility” highlighting its performance for the year of 2019 under its initiative of “planet, people, and principles” while also talking about its contributions towards “energy transition to achieve net zero carbon emissions by 2050”. <br />  &nbsp; <br />  Baker Hughes is an “energy technology” company which provides “low-carbon solutions” for the entire “energy spectrum” while the company aims to “take energy forward” by turning it “safer, cleaner, and more efficient” for people as well as the planet. <br />  &nbsp; <br />  The report, further, gives a detailed information about the framework of ESG whereby underpinning the corporate strategy of the company in its journey towards “energy transition to a low- to zero-carbon future”. In the words of the Chairman as well as the chief executive officer of Baker Hughes, Lorenzo Simonelli: <br />  “The collective action of people and industry, when directed with purpose, can enable change on a global scale. The dual challenge of greater energy access and climate change is one of the greatest issues facing our world. That’s why our purpose is clear, and our commitment is firm. We make energy safer, cleaner and more efficient for people and the planet. Our core principles together with our people and partners will help us get to a more sustainable energy future.” <br />  &nbsp; <br />  While, the Vice-President of “energy transition” as well as the Chairperson of the ESG Steering Team for Baker Hughes, Allyson Book added: <br />  “We see ESG factors as key levers to transform the performance of our company and our industry. Over the last year, we set performance indicators to better track the company’s progress year over year and enhanced the transparency of our reporting through more robust and comprehensive data collection.” <br />  &nbsp; <br />  Here is the list advances made by Baker Hughes towards its “sustainability goals in 2019”, as mentioned by 3BL Alerts:</div>    <ul>  	<li style="text-align: justify;">“Reported carbon emissions 31% below baseline on road to net-zero carbon emissions. Baker Hughes reported that through year-end 2019 its Scope 1 and 2 carbon equivalent emissions were 31% lower than its 2012 baseline. Emissions increased slightly year over year primarily due to an increase in operational activity and an expanded reporting boundary for Scope 1 emissions. However, most of the collective increases were abated through energy efficiency improvements and emissions reduction projects around the globe from facility upgrades to renewable energy projects to logistics improvements. The company remains on track to reduce its carbon equivalent emissions 50% by 2030 and to achieve net-zero carbon equivalent emissions by 2050 in line with the Paris Climate Agreement. The company also has initiated a project to quantify an expanded set of Scope 3 emissions that will include supplier, customer, and employee impacts going forward.</li>  </ul>    <div style="text-align: justify;">&nbsp;</div>    <ul>  	<li style="text-align: justify;">“Advanced technology to lead energy transition to a low- to zero-carbon energy future. Baker Hughes advanced its extensive portfolio of technology solutions to help energy and industrial customers reduce their emissions. This includes technology to reduce methane gas emissions from flaring, venting, fugitive emissions, and combustion; technology for carbon, capture, utilization, and storage, hydrogen power, and energy storage; as well as next generation technology to monitor the condition of wind turbines and other industrial equipment to ensure early detectability of the most critical drive-train failures.</li>  </ul>    <div style="text-align: justify;">&nbsp;</div>    <ul>  	<li style="text-align: justify;">“Fostered inclusion and diversity (I&amp;D). Bakes Hughes believes innovative minds, engaged people, and diverse perspectives will be needed to meet the world’s pressing energy challenges. During 2019, the company took important steps to set new I&amp;D performance targets. In addition, Baker Hughes significantly strengthened its I&amp;D foundational programs, including expanding its Inclusion &amp; Diversity Council, and formalizing eight new employee resource groups and three leadership accelerator programs to continue building an inclusive and diverse global workforce and company culture.</li>  </ul>    <div style="text-align: justify;">&nbsp;</div>    <ul>  	<li style="text-align: justify;">“Led in safety and health. Health, safety, and environmental (HSE) excellence is non-negotiable at Baker Hughes and an area where all its employees are empowered to lead. As a result, the company made significant improvements in its HSE performance and engagement during 2019, increasing its number of perfect HSE days to 161, reducing its total recordable incident rate by 12.5%, and conducting more than 1 million HSE observations and leadership engagements globally.</li>  </ul>    <div style="text-align: justify;">&nbsp;</div>    <ul>  	<li style="text-align: justify;">“Supported employee communities. Baker Hughes supports and contributes to the communities where its employees live and work through direct contributions and the Baker Hughes Foundation, its charitable nonprofit organization. Grants are awarded for environmental, educational, and health and safety programs globally to support sustainable communities and social progress. During 2019, the company and its foundation reported financial and in-kind contributions totaling $25.6M USD, and Baker Hughes employees donated 29,673 hours to support various programs in their communities.</li>  </ul>    <div style="text-align: justify;">&nbsp;</div>    <ul>  	<li style="text-align: justify;">“Responded to urgent needs during COVID-19 pandemic. While the Report focuses on the 2019 calendar year, a special update has been included on Baker Hughes’ 2020 response to help its employees, customers, and communities during these challenging times. Since the pandemic began, the company has donated more than 50,000 3D-printed protective face shields and medical items to facilities in need, as well as provided expanded resources for employees to support their mental and physical health and well-being”.</li>  </ul>    <div style="text-align: justify;">&nbsp; <br />  &nbsp; <br />  &nbsp; <br />  <strong>References:</strong> <br />  3blmedia.com</div>  
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