Coca Cola, PepsiCo, DuPont, Honeywell Partner with White House to Reduce HFCs

by Vikas Vij

SOURCE: Justmeans

DESCRIPTION:

Hydrofluorocarbons (HFCs) are a potent greenhouse gas used in refrigeration, air conditioning and insulation. HFCs are 10,000 times more potent than carbon dioxide, which is the most common greenhouse gas. Under the United Nation’s Montreal Protocol, there is an increasing level of support to phase out HFCs globally. However, the use of these ozone-depleting HFCs is growing at a rate of up to 15 percent every year in the United States.

Just ahead of the United Nations Climate Summit in New York City, the White House has taken cognizance of the serious environmental threat posed by the use of HFCs in the refrigeration and air conditioning industry, where the U.S. is the world’s largest producer. The U.S. administration has announced a series of voluntary corporate sector commitments and executive actions to phase out the use of HFCs, which would cut back an equivalent of 700 million tons of carbon dioxide through 2025.

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Image Credit: Flickr via fdecomite

Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of “The Power of Money” (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations “Decisions for Life” run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management. 

Tweet me: White House announces corporate sector commitments + executive actions to phase out use of #HFCs http://bit.ly/1AVxaAo via @Justmeans

KEYWORDS: Social Innovation and Entrepreneurship, coca cola, Pepsico, DuPont, Honeywell, Hydrofluorocarbons (HFCs), greenhouse gas, White House, True Manufacturing, HFC alternatives, HFC-free

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PepsiCo Launches ‘Performance with Purpose’ Pinterest Presence

SOURCE: PepsiCo

DESCRIPTION:

PepsiCo today launched an interactive, Pinterest presence that provides a global look at company efforts and collaborations over the years that advance its Performance with Purpose goals of delivering great performance while doing the right things for people and communities around the world.

The launch of the Pinterest presence coincides with the release of PepsiCo’s 2013 Sustainability Report.

Pinterest is a versatile platform that enables PepsiCo to create a searchable, map-based repository for Performance with Purpose and global citizenship projects.

Pinterest also allows PepsiCo to share project information through stories, photographs, videos and links to deeper information, and to highlight its strong collaborations with partner organizations (many of which have a Pinterest presence) enabling the company to expand its digital reach and educate larger audiences about the scale of PepsiCo’s sustainability and global citizenship efforts.

PepsiCo’s Pinterest boards will be periodically updated with additional information about future and ongoing programs.

To stay connected, visit PepsiCo’s Pinterest site and learn more about the company’s efforts in the areas of human, environmental and talent sustainability.

And download the PepsiCo 2013 Sustainability Report.

Tweet me: PepsiCo Launches ‘Performance with Purpose’ #Pinterest Presence, Demonstrating Global Impact. #Sustainability #Tech http://pepsi.co/BGKiC

KEYWORDS: Reports, performance with purpose, pinterest, Pepsico, 2013 Corporate Sustainability Report, Reporting

 

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Chrysler Group’s Matchmaker Program Celebrates 15th Year Creating Value for Minority Businesses and Communities

SOURCE: Chrysler Group LLC

SUMMARY:

  • Annual trade fair grew to more than 2,900 participants in 2014
  • More than 270 minority, women, veteran and majority-owned Chrysler Group suppliers participated in the day-long program
  • Matchmaker has generated more than $2.1 billion in new business opportunities for exhibitors since 2000

DESCRIPTION:

Auburn Hills, Mich., September 18, 2014 /3BL Media/ - Chrysler Group LLC continued to demonstrate its historic commitment to supplier diversity and minority supplier development, hosting the 15th annual Matchmaker event today at the Company’s headquarters in Auburn Hills, Mich.

Matchmaker provides minority-owned, women-owned and veteran-owned businesses access to Chrysler Group’s Tier 1 suppliers and to decision makers in the Company’s procurement organization. The program has generated more than $2.1 billion in new business opportunities for exhibitors since 2000.

Matchmaker continues to be the much-copied, premier networking trade event in the automotive supplier community.  This year’s Matchmaker attracted more than 2,900 participants.  More than 270 minority-owned, women-owned, veteran-owned and majority-owned Chrysler Group suppliers participated in the day-long event.

“Chrysler Group is as committed as ever to creating a diverse and sustainable supply base that directly reflects our customers,” said Tom Finelli, Vice President, NAFTA Purchasing and Supplier Quality, Chrysler Group LLC. “Our commitment to diversity is deeply rooted and fully engages our entire team, including our extended enterprise partners. This enables us to better understand and satisfy –- perhaps even to better anticipate — the tastes and needs of diverse customers and communities.”

Chrysler Group’s supplier diversity goals require that 10 percent of a Tier 1 supplier’s procurement buy be sourced to certified minority suppliers. Chrysler Group itself spent $2.1 billion with approximately 200 minority suppliers in 2013, representing 6.9 percent of the Company’s total annual purchasing. Since 1983, the Company has purchased nearly $52 billion from minority-owned suppliers.

“Programs like Matchmaker enable Chrysler Group to operate efficiently and sustainably, and to bring innovative new products to market that resonate with a diverse customer base,” said Kevin L. Bell, Senior Manager – Diversity Supplier Development, Chrysler Group LLC. “These programs also ensure that the economic benefits of our business are shared with members of our diverse communities.”

In addition to its robust business-to-business feature, Matchmaker offers minority-owned suppliers unique opportunities to participate in a wide range of development seminars designed to give these suppliers knowledge that can help strengthen their businesses. The seminars, led by, the U.S. Small Business Administration, the Minority Business Development Agency, the Michigan Economic Development Corporation and others, cover such topics as access to capital and minority business services, merger and acquisition strategies, the use of various computer programs designed to assist Tier 1 and minority suppliers to do business with one another and the implications of federal healthcare reform for small and medium-sized businesses.

Chrysler Group continues to support several organizations that assist Tier 1 suppliers with achieving their minority-owned and women-owned sourcing goals. These organizations include the National Minority Supplier Development Council, the Canadian Aboriginal and Minority Supplier Council and the Women’s Business Enterprise National Council. In addition, Chrysler Group supports veteran-business ownership through membership with the National Veteran-Owned Business Association.

About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 to establish a global strategic alliance with Fiat S.p.A., designs, engineers, manufactures, distributes and sells vehicles under the Chrysler, Jeep, Dodge, Ram and FIAT brands, and the SRT performance vehicle designation. The Company also distributes the Alfa Romeo 4C and Mopar products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group’s culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat’s complementary technology that dates back to its founding in 1899. Chrysler Group became a wholly owned subsidiary of Fiat on Jan. 21, 2014.

Headquartered in Auburn Hills, Michigan, Chrysler Group’s product lineup features some of the world’s most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler and Grand Cherokee, Dodge Challenger and Viper SRT, Ram 1500 and Fiat 500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles. 

Follow Chrysler news and video on:

Chrysler On Demand (COD): www.chryslerondemand.com
Company blog: http://blog.chryslergroupllc.com
Company website: www.chryslergroupllc.com
ChryslerGroup360: www.chryslergroup360.com
Facebook: www.facebook.com/ChryslerGroup
Flickr: www.flickr.com/photos/chryslergroup/
Media website: www.media.chrysler.com
Pinterest: http://pinterest.com/chryslergroup/
Instagram: http://instagram.com/chryslergroup
www.streetfire.net/uploaded/chryslervideo.htm
Twitter: www.twitter.com/chrysler
YouTube: www.youtube.com/pentastarvideo

 

Contact

Katie Hepler 
(248) 512-2927 (office) 
(248) 890-8423 (cell) 
katie.hepler@chrysler.com

Mike Palese 
(248) 512-2682 (office) 
(313) 930-1252 (cell) 
michael.palese@chrysler.com

Tweet me: .@Chrysler Group’s Matchmaker Program Celebrates 15th Year Creating Value for Minority Businesses and Communities http://3bl.me/ens4rh

KEYWORDS: Diversity and Human Resources, Business & Trade, Chrylser, Minority Owned Businesses

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VaxServe & Sanofi Pasteur Signature Corporate Citizenship Program Continues to Support Struggling Northeast Pennsylvania Families

More Than $83,000 Raised Benefiting Boys & Girls Clubs of NEPA, Employment Opportunity and Training Center, and Marley’s Mission

SOURCE: Sanofi

DESCRIPTION:

SCRANTON, PA, September 18, 2014 /3BL Media/ – Tonight VaxServe, Sanofi Pasteur, and hundreds of community enthusiasts continued their commitment to assisting local children in need at the seventh annual Lackawanna County Community Fundraiser.

The “Jazzin’ It Up” initiative – held at POSH – raised more than $83,000 to benefit the Boys and Girls Clubs of Northeastern Pennsylvania, EOTC (Equal Opportunity Training Center) and Marley’s Mission — three Lackawanna County organizations that assist children and families at risk  through educational, developmental and therapy programs.

VaxServe, a wholly owned subsidiary of Sanofi Pasteur located in Moosic, and Sanofi Pasteur, the vaccines division of Sanofi, have covered all event costs for each of the seven fundraisers. As such, one hundred percent of all funds raised through corporate sponsorships and ticket sales were donated to the three non-profit organizations. Sanofi Pasteur conducts a similar event in Monroe County. Combined, since their inception, the two local events have collectively distributed more than $2.1 million to dozens of non-profit organizations serving those in Northeast Pennsylvania.

“This year we have a new venue, a new charity (Marley’s Mission) and a new sense of hope and inspiration for our children here in Lackawanna County, thanks to the life-changing work of our non-profit beneficiaries, and the commitment of those who have rallied around this event year after year,” said Al Thomas, associate vice president and general manager, VaxServe, who – along with Sanofi Pasteur’s Frank Epifano – provided executive leadership for the program. “During these uncertain economic times, this Community Fundraiser is not only needed, it is also a source of inspiration and a strong example of the true spirit of community.”

U.S. Senator Robert P. Casey, Jr. once again served as honorary chair of the fundraiser. This is the fifth consecutive year that Casey, whose mother Ellen is actively involved with EOTC, has served in this capacity.

Major sponsors included The Burne Family and Stone Office Equipment (Virtuoso sponsors, $7,500); Comserve Systems and The New York Yankees (Instrumentalist sponsors, $4,500); and Blue Cross of Northeastern Pennsylvania, Commonwealth Health System, G.R. Noto Electrical Construction, Lavelle Strategy Group, Maximus Foundation, Mt. Airy Casino, PNC Bank, and Road Scholar Transport (Ensemble sponsors, $2,500).

“EOTC has been a beneficiary of this event since its inception, allowing us to assist hundreds of families through early childhood and parenting programs,” said Sharon McCrone, Ph.D., executive director at EOTC. “The support and commitment exhibited by VaxServe, Sanofi Pasteur and the community have provided the neediest of families the opportunity to participate in activities that incorporate arts, science, music, nutrition and physical education.”

“We are extremely grateful to have been included in this meaningful community initiative,” said April Loposky, founder of Marley’s Mission. “Donations will assist with providing equine-based therapy free of charge to children, and their families, who have experienced trauma. Equine therapy yields a variety of benefits such as confidence, self-concept, communication, anxiety reduction and most importantly, trust.”

“Vital to the mission of the Boys and Girls Clubs of Northeastern Pennsylvania, this fundraiser allows us to continue serving more than 1,000 local children every year, most from low income families,” reported Tricia DiBiasi Thomas, executive director of the Boys and Girls Clubs of NEPA. That service includes healthy meals, educational activities and tutoring and homework assistance.”

Jazz for the evening was provided by Doug Smith’s Dixieland All-Stars, saxophonist Tom Hamilton and his jazz trio, the soothing vocals of Erin Malloy, plus a variety of instrumentalists. 

Media sponsors included WNEP-TV, WBRE-TV, WYOU-TV, WOLF/Fox TV, The Scranton Times Tribune, LaMar Outdoor Advertising and Joyce Outdoor Advertising.

 

About VaxServe
VaxServe, a Sanofi Pasteur company, is a national healthcare supplier serving primary care physician offices, community immunization providers, immunizing pharmacies, travel clinics and corporations. Since 2000, VaxServe has offered customers professional service while providing a reliable supply of vaccines, injectables and medical/surgical products at competitive prices. For more information, please visit www.vaxserve.com.

About Sanofi
Sanofi, an integrated global healthcare leader, discovers, develops and distributes therapeutic solutions focused on patients’ needs. Sanofi has core strengths in the field of healthcare with seven growth platforms: diabetes solutions, human vaccines, innovative drugs, consumer healthcare, emerging markets, animal health and the new Genzyme. Sanofi is listed in Paris (EURONEXT: SAN) and in New York (NYSE: SNY).

Sanofi Pasteur, the vaccines division of Sanofi, provides more than 1 billion doses of vaccine each year, making it possible to immunize more than 500 million people across the globe. A world leader in the vaccine industry, Sanofi Pasteur offers a broad range of vaccines protecting against 20 infectious diseases. The company’s heritage, to create vaccines that protect life, dates back more than a century. Sanofi Pasteur is the largest company entirely dedicated to vaccines. Every day, the company invests more than EUR 1 million in research and development. For more information, please visit: www.sanofipasteur.com or www.sanofipasteur.us


Contact:

Ellyn Schindler 
Director, North America Corporate Social Responsibility and Community Engagement
Sanofi Pasteur
570-957-2689
ellyn.schindler@sanofi.com

Tweet me: http://3bl.me/yhdnh5 VaxServe & @SanofiPasteur signature corporate citizenship program continues to support struggling NE PA families

KEYWORDS: Philanthropy, Sanofi, Sanofi Pasteur, vaxserve, lackawanna, Healthcare, vaccines

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“Brewing a Better Future” in Haiti

SOURCE: HEINEKEN

DESCRIPTION:

Local sourcing is at the heart of HEINEKEN’s “Brewing a Better Future” sustainability strategy. In Haiti, HEINEKEN has committed to purchase locally sourced sorghum, improving the lives of over 18,000 farmers under the SMASH project.

Ever since early 2012, when HEINEKEN consolidated its majority ownership of Brasserie Nationale d’Haiti S.A. (BRANA), it has invested a significant resources and energy into growing Haiti’s leading beverage company, whilst at the same time strengthening the local economy. HEINEKEN committed to improving BRANA’s operations, crucially underlining its confidence in the region’s economic outlook. Approximately $20 million went to the construction of a fifth production line that opened in December last year, allowing the brewery to double bottled beer output. Another $20 million is going to expanding the brew house which BRANA will inaugurate in December. The remaining investment is being used to manufacture more bottles and purchase trucks and generators.

Such rapid development might lead some to conclude that Haitian consumption levels are going through the roof, but that is not the case. At just 1.7 hectolitres per capita per annum, Haiti represents the lowest beer consumption level in the region by some margin. However, recent trends indicate that consumption levels are poised to grow and with a 95% share of the beer market, HEINEKEN is well-positioned to benefit from this trend.

Whilst significant investment is focused on growing HEINEKEN’s beer portfolio, BRANA is equally popular with locals for its carbonated malt beverage, “Malta H”. Brewed from barley, hops and water, the soft drink is truly part of the Haitian heritage and loved by children, adults and old generations alike. But as a result of a lack of investment in Haiti’s agricultural sector, Malta H was traditionally reliant on imported commodities. This all changed in 2012 when BRANA launched the Smallholders Alliance for Sorghum in Haiti (SMASH) at the Clinton Global Initiative Summit in New York. Addressing issues such as poor soil quality, effective seed germination and efficient harvest yields, SMASH was created to provide smallholder farmers with training in modern agricultural techniques and guarantee buyers for its produce.

Last year BRANA signed a Memorandum of Understanding with the US Agency for International Development (USAID) to extend the reach of the programme, allowing BRANA to source from a total of three separate regions of the country. BRANA is investing $3.4 million into SMASH and USAID will contribute $1.7 million to support this program and advance its mission to improve food security in rural Haiti. The brewery has committed to purchase at least 5,000 metric tons of locally produced sorghum in place of imported malt for the production of Malta H. The programme is expected to involve more than 18,000 small-scale farmers.

The SMASH initiative forms part of BRANA’s five year local sourcing programme and is a fundamental part of HEINEKEN’s global sustainability project “Brewing a Better Future”. By carefully nurturing and supporting the agricultural industry the brewer’s goal is to source at least 20% of all raw materials for its brewed products from the region. This goal might well be realised sooner than anticipated. Since the launch of SMASH in 2012, Haitian farmers have already increased sorghum yields by 100%, almost doubling their incomes in the process. The achievements were celebrated last month by dignitaries and government officials in an event hosted by SMASH to welcome the new harvesting season.

Brewing a Better Future: It is HEINEKEN’s strategy for creating shared, sustainable value: for our company, for society and for the planet. And it is fundamental to how we do business. Developed with our stakeholders and based on insight into global trends, our strategy focuses on the four areas where we can make the biggest difference: water, CO2, local sourcing and responsible consumption. These are underpinned by our values and behaviours: living our values, leading by example, and working together to make a difference.

Tweet me: .@HEINEKENCorp’s commitment to purchase locally sourced sorghum in Haiti improving lives of +18,000 farmers #BaBF http://bit.ly/1BsfiPU

Contact Info:

Christine van Waveren
HEINEKEN
+31-0205239ext. 355
pressoffice@heineken.com

KEYWORDS: Ethical Production and Consumption, Agribusiness, Heineken, local sourcing, BaBF, Haiti, sorghum, sustainability

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IDB Launches USD $500 Million Education, Youth and Employment Bond

First-of-its-kind vehicle to improve economic inclusion of young people

SOURCE: Citi

DESCRIPTION:

LONDON, September 17, 2014 /3BL Media/ — Citi priced a $500 million four-year Education, Youth and Employment (EYE) bond on behalf of The Inter-American Development Bank (IDB or IADB) on Tuesday – a first-of-its-kind investment vehicle, created with the support of Citi Microfinance. Proceeds from the note sale will be directed to programs that build human capital through early childhood care and education, formal primary and secondary education, as well as labor market placement and vocational training.

At a time when young people across Latin America face greater difficulty in securing full-time formal employment, this bond reflects the IDB’s “life cycle” approach to empowering Latin American and Caribbean countries to increase productivity and improve the social inclusion of young people throughout key intervention stages, as well as the bank’s commitment to the United Nations Millennium Development Goals.

It also reflects Citi Microfinance’s expanding inclusive finance role, building market solutions that result in greater access for low-income communities and sustainable returns for clients. Daiwa was a joint-bookrunner. It was priced with a spread of 54.7 basis points over the 1.00% UST due September 15, 2017. The pricing translates to a yield of 1.59%.

Unlike social impact bonds, which are contracts based on a pay-for-performance model, the EYE bond is an actual bond that will finance projects that provide outputs and results metrics. The IDB will track how programs are accomplishing these objectives, and investors will have access to the information on the IDB’s website.

In this way, the IDB and Citi Microfinance have adhered to certain green bond principles, including segregation of the proceeds to a separate account, tracking of the proceeds towards specific qualifying projects, and reporting on those proceeds on an annual basis.

“IDB’s EYE bond enables investors to participate in financing innovative projects that lead to increased social and economic inclusion of youth, including greater employment opportunities,” said Bob Annibale, Global Director of Citi Microfinance. “A range of institutional and mission-related investors, including foundations, pension funds and family offices, find the AAA-rated securities attractive because they align with their values, missions and risk guidelines.”

“The EYE bond is an innovative instrument designed to bring additional resources and awareness to bear on three key priorities for Latin America and the Caribbean,” said IDB President Luis Alberto Moreno. “The projects that will benefit from these investments will contribute to improving the quality of children’s education, increasing productivity and enhancing the skills of young people entering the job market.”

Eligible projects for the bond can include programs that focus on early childhood development, preschools and early childhood education, primary education, secondary education, compensatory education, teacher education and effectiveness, e-education, youth-at-risk, school-to-work transition, vocational and technical education, human resources and workforce development, labor intermediation systems, as well as vocational and workforce training.

“The relative value and focused use of proceeds made IDB’s initial EYE bond an attractive investment opportunity. In addition, we appreciate IDB’s clear and concise use of proceeds language and strong commitment to ongoing reporting on the projects funded through the EYE initiative,” said Stephen M. Liberatore, CFA, Managing Director/Portfolio Manager, TIAA-CREF Asset Management.

“Accion is committed to building a financially inclusive world in part through investments that achieve meaningful social impact and deliver an appropriate level of return and risk,” said Livingston Parsons, Chief Financial Officer, Accion. “Accion’s investment in this innovative EYE Bond—and long-standing partnership with the IDB—underscore our commitment to the IDB’s high-impact ‘life cycle’ programs that assist youth and families who are working towards a brighter future.”

“The IADB ‘EYE’ bond was structured and issued in response to demand for large and liquid SRI complaint fixed income products from investors across the globe, said Philip Brown, Managing Director, Capital Markets, Citi. “This is the first such dollar denominated development finance theme bond and I anticipate that there will be more to follow today’s success. Investor interest is growing fast and this bond provides a great platform to highlight the strength and scale of IADBs expertise in this area.”

This is the richest four-year bond issued by a multilateral development bank this year.

###

About Citi
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube:www.youtube.com/citi | Blog: http://new.citi.com | Facebook: www.facebook.com/citi | LinkedIn:www.linkedin.com/company/citi

About IDB
The Inter-American Development Bank (IDB) is a multilateral financial institution supporting Latin America and the Caribbean’s efforts to reduce poverty and inequality, and to bring about development in a sustainable, climate-friendly way. Established in 1959, it is the leading source of development financing for Latin America and the Caribbean, with a strong commitment to achieving measurable results.

This press release is not an offer for sale of the securities of the Inter-American Development Bank (“IADB”). Any offering of IADB securities will be made only by means of a prospectus or other definitive offering document that contains important information about the securities, the offering and IADB. Offerings of securities will be made only in compliance with applicable laws.

Media Contacts:        

Citi Public Affairs
212-793-0710
publicaffairs@citi.com

John Ferriter (IDB)
202-623-1546
JOHNFE@iadb.org

KEYWORDS: Social Innovation and Entrepreneurship, Finance & Socially Responsible Investment, Citi, The Inter-American Development Bank (IDB or IADB), EYE Bond, Citi Microfinance, Education, Youth, Employment, Latin America

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Video: General Motors Environment 101

Watch and listen as members of our sustainability team explain the work we’ve done — and the work we’re doing — to reduce our environmental impact.

SOURCE: General Motors

DESCRIPTION:

We talk a lot about the environment on this blog. After all, it is a sustainability blog.

But sometimes words just don’t cut it. You, the reader, need a visual; something that stimulates your occipital lobe.

So we created a video that showcases the sustainability team you’ve come to know and love, and we added a few things to punch it up. We think after you watch it you’ll come away with a greater understanding of how we operate at GM.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world’s largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Tweet me: .@GM Video: General Motors Environment 101 http://3bl.me/ea7yec

KEYWORDS: Environment and Climate Change, Energy, GM, General Motors, energy efficiency, resource preservation, Waste Reduction, greener vehicles, FastLane

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Allstate Foundation Survey Finds Nearly Two-Thirds of Hispanic Women Know a Victim of Abuse

Purple Purse Challenge helps bring awareness to domestic violence and financial abuse; raises funds for service providers

SOURCE: Allstate Foundation

DESCRIPTION:

NORTHBROOK, Ill., September 17, 2014 /3BL Media/ – According to a new national survey released by The Allstate Foundation, nearly two-thirds (64 percent) of Hispanic women say they have personally known a victim of some type of abuse and three-in-ten (30 percent) have personally been victimized. To raise awareness in the Hispanic community, The Allstate Foundation is encouraging the public to participate in the Purple Purse Challenge by donating to local nonprofit organizations that support financial empowerment services for domestic violence survivors. The Challenge is already underway at bolsomorado.com and has raised nearly $500,000.

“Financial abuse is the No.1 reason why victims stay in abusive relationships and our data shows that less than half of Hispanic women say they have taken steps to protect themselves from financial abuse,” said Patricia Garza, director of strategic philanthropy at Allstate. “Allstate Foundation Purple Purse wants to help make conversations about financial abuse and domestic violence easier and acceptable to have in our society. I hope you’ll join me and support a local domestic violence service provider in your community, so that no woman makes the difficult decision to stay in an abusive relationship simply because she doesn’t have the resources to leave.”

The Allstate Foundation is contributing nearly $650,000 in incentive funding and direct grants to participating organizations in the Purple Purse Challenge. The Challenge kicked off earlier this month and is raising money for 140 domestic violence serving organizations across the country on Crowdrise.com/PurplePurseChallenge. The more donations each nonprofit collects, the more incentive funding the organization can compete to win from The Allstate Foundation. The Challenge continues through Oct. 3, 2014.

The Allstate Foundation’s new survey, Silent Weapon: Domestic Violence and Financial Abuse, sought to understand the attitudes different demographic groups have about violence in relationships and the financial control that often accompanies domestic violence.

Additional findings from the survey include:

  • Hispanics, including both men and women, are twice as likely (51 percent) to see domestic violence as a serious problem among people they know than their white non-Hispanic counterparts (25 percent).
  • When asked if physical, sexual, emotion and financial abuse were reasons for a victim to leave a dangerous relationship, only 39 percent of Hispanics believe financial abuse is “always” a reason to leave, making it the least likely reason Hispanics would leave. Physical abuse ranked No.1 with 88 percent indicating it is a reason to leave.
  • Hispanic parents (58 percent) have discussed domestic violence with their children more frequently than white non-Hispanic parents (43 percent).
  • Nearly seven-in-10 (69 percent) of Hispanic women with children age 16 and older have talked to their children about domestic violence.

This year, actress Kerry Washington is lending her voice and serving as the national Purple Purse ambassador. Limited-edition purple purses designed by Kerry Washington will be distributed among community leaders, Purple Purse community partners, celebrities and media to raise awareness for this important cause. The purse represents the center of a woman’s financial domain and purple is the color of national domestic violence awareness. The Allstate Foundation is also distributing 80,000 Purple Purse charms through Purple Purse Challenge participants to attach to a bag or purse and show support year-round.

Visit purplepurse.com to learn more about domestic violence and financial abuse as well as how to start conversations about this important topic. For immediate assistance with a dangerous situation, call the National Domestic Violence Hotline at 1-800-799 SAFE (7233) or TTY 1-800-787-3224.

About The Allstate Foundation
Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by subsidiaries of The Allstate Corporation (NYSE: ALL). Through partnerships with nonprofit organizations across the country, The Allstate Foundation brings the relationships, reputation and resources of Allstate to support innovative and lasting solutions that enhance people’s well-being and prosperity. With a focus on teen safe driving and building financial independence for domestic violence survivors, The Allstate Foundation also promotes safe and vital communities; tolerance, inclusion, and diversity; and economic empowerment. For more information, visit www.AllstateFoundation.org.

Survey Methodology
The Allstate Foundation Silent Weapon: Domestic Violence and Financial Abuse survey was conducted July 18-27, 2014 by FTI Consulting among a nationally representative sample of 1,020 American adults age 18+ with additional oversamples among 200 Americans age 18-33 (“Millennials”), 200 Hispanic Women age 18+, and 250 adults in the Chicago media market. The margin of error for the national sample is ± 3% at the 95% confidence interval. The survey was conducted using the web-enabled KnowledgePanel®, a probability-based panel designed to be representative of the U.S. population. Initially, participants are chosen scientifically by a random selection of telephone numbers and residential addresses. Persons in selected households are then invited by telephone or by mail to participate in the web-enabled KnowledgePanel®. For those who agree to participate, but do not already have Internet access, GfK provides at no cost a laptop and ISP connection. People who already have computers and Internet service are permitted to participate using their own equipment. Panelists then receive unique log-in information for accessing surveys online, and then are sent emails throughout each month inviting them to participate in research.

# # #

Tweet me: Allstate Foundation Survey Finds Nearly Two-Thirds of Hispanic Women Know a Victim of Abuse #PurplePurse http://3bl.me/e2swnk

Contact Info:

Kyle Donash
Allstate
+1 (847) 402-5600
kyle.donash@allstate.com

KEYWORDS: Volunteerism & Community Engagement, Wellness, Allstate foundation, purple purse, domestic violence, hispanic women, financial abuse

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