Tag Archives: sustainability

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.

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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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Kerry Washington Joins The Allstate Foundation to Spotlight Finances As A "Weapon of Choice" Used by Domestic Violence Abusers

Washington designs Purple Purse to serve as a symbol of movement; New national survey reveals that Americans view domestic violence as a serious problem, but don’t regularly talk about it

SOURCE: Allstate Foundation

DESCRIPTION:

September 16, 2014 /3BL Media/ – Emmy- and Golden Globe-nominated actress and advocate Kerry Washington has joined with The Allstate Foundation to raise awareness about domestic violence and the critical role that financial abuse plays in domestic violence situations. Washington is serving as the national ambassador for Allstate Foundation Purple Purse, the signature initiative that gets Americans motivated to combat domestic violence.

Washington’s role as ambassador includes designing a limited-edition purple purse that will be distributed among community leaders, Allstate agency owners, Purple Purse community partners that work directly with survivors, celebrities and media to raise awareness for the 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 Purple Purse charms through Purple Purse Challenge participants to attach to a bag or purse and show support year-round. Washington also filmed a special Public Service Announcement featuring the purse and creating a call to action for Americans to get informed and involved.

“A purse is where a woman’s power lives. I am really proud of this bag, and having the opportunity to design a fashion statement that carries such an important message,” said Washington. “Financial control is almost always a weapon of choice for abusers because when a victim’s access to cash is taken away or her credit is destroyed or even her employment is jeopardized, it becomes nearly impossible for her to leave.”

“The Allstate Foundation wants to make it acceptable—even fashionable—to talk about domestic violence. Only by pulling back the curtain and getting involved can we ensure that victims can escape to a safer and brighter future,” said Tom Wilson, chairman, president and CEO of Allstate. “It shouldn’t take a high-profile incident in the news for us to rise up and take a stand against domestic violence. For far too long, this issue has remained in the shadows. We need to stop enabling criminals – by not letting money be a weapon of choice that, when combined with physical abuse, becomes a living nightmare for so many women in America.”

The Allstate Foundation also released the results of a survey, Silent Weapon: Domestic Violence and Financial Abuse, to understand the attitudes Americans have about violence in relationships and the financial control that usually accompanies physical abuse.

Findings from the survey include:

An Unknowing Public

  • Nearly eight in 10 Americans (78 percent) say they have not heard much about financial abuse as it relates to domestic violence. Additionally, Americans think that financial abuse is the least likely (3 percent) form of abuse to be recognized by an outsider.
  • Sixty-five percent don’t believe that their family or friends would know if they were in a financially abusive relationship and 70 percent can’t say they would know how to help them.
  • Only 39 percent of women have taken steps in their own relationship to protect themselves from financial abuse.

Millennial Reflections

  • Nearly 40 percent of Millennials say their parents talked to them about domestic violence, compared to a smaller percentage of older Americans, including 23 percent of Gen X’ers and 18 percent of Baby Boomers.
  • Nearly 70 percent of Millennial women view domestic violence as a serious issue facing the country, compared to just 55 percent of Millennial men.
  • Older Americans, aged 69 or older, view issues related to financial abuse more seriously than the Millennial generation. Seventy-two percent of older Americans believe that not allowing a partner to have access to funds is considered domestic violence, versus just 58 percent of Millennials. By a similar margin, 73 percent of older Americans believe that running up debt in a partner’s name should be considered domestic violence, compared to 55 percent of Millennials.

Multicultural Distinctions

  • Hispanics (51 percent) and African Americans (49 percent) are twice as likely to see domestic violence as a serious problem among people they know than their white, non-Hispanic counterparts (25 percent).
  • Hispanic parents (58 percent) and African American parents (52 percent) have discussed domestic violence more frequently than white non-Hispanic parents (43 percent).

For additional information on the survey visit www.purplepurse.com.

To raise more awareness, The Allstate Foundation is encouraging the public to participate in a Purple Purse Challenge by donating to local nonprofit organizations that support financial empowerment services for domestic violence survivors. The Challenge is already underway at PurplePurse.com and has raised nearly $500,000. The Allstate Foundation will contribute nearly $650,000 in incentive funding and direct grants to participating organizations in the Challenge. 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.

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.

Since 2005, The Allstate Foundation Domestic Violence Program has empowered domestic violence survivors with resources, knowledge and skills they need to achieve financial empowerment and a life free from abuse. Since its inception, the program has helped nearly 400,000 domestic violence survivors leave abusive relationships through financial education, job training and readiness and microenterprise programs.

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 each in the Chicago and. 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: Kerry Washington Joins Allstate Foundation, Spotlights Finances As Weapon of Choice for Domestic Violence Abusers http://3bl.me/rpkp5s

Contact Info:

Kyle Donash
Allstate
kyle.donash@allstate.com

KEYWORDS: Volunteerism & Community Engagement, Finance, Allstate foundation, purple purse, Kerry Washington, domestic violence, abuse, financial abuse

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Federal Agencies Saving Surprising Amounts of Energy

by RP Siegel

SOURCE: Justmeans

DESCRIPTION:

Talk about flying under the radar! While the White House and Congress are in gridlock, with the legislative body doing everything they can to ensure that nothing is being done about climate change, a number of provisions that were included in the 2007 Energy and Security Act that was passed during the Bush administration are quietly being used to produce enormous energy savings for the American people.

According to a white paper by the American Council for an Energy Efficient Economy (ACEEE), actions that have already been taken, are planned, or that are now underway, could have a net present value, through 2040, of $2.6 trillion. That’s roughly equivalent to the entire US government tax revenue for the year 2013. It also equates to 34 billion metric tons of carbon dioxide and a reduction of energy consumption equivalent to 3.4 million barrels a day. For comparison purposes, the US has been emitting somewhere between 5 and 6 billion metric tons per year since 1990 and imports roughly 9 million barrels of oil per day. That works out to an annual reduction in emissions exceeding 20%.

To continue reading, click here

Image Credit: Jeff Simms: Flickr Creative Commons

RP Siegel, author and inventor, shines a powerful light on numerous environmental and technological topics. He has been published in business and technical journals and has written three books. His third, co-authored with Roger Saillant, is Vapor Trails, an eco-thriller that is being adapted for the big screen. RP is a professional engineer – and a prolific inventor, with 50 patents, numerous awards, and several commercial products. He is president of Rain Mountain LLC and is an active environmental advocate in his hometown of Rochester, N.Y. In addition to Justmeans, he writes for Triple Pundit, ThomasNet News, and Energy Viewpoints, occasionally contributing to Mechanical Engineering, Strategy + Business, and Huffington Post. You can follow RP on Twitter, @RPSiegel.

Tweet me: White paper from @ACEEEdc shows Federal agencies saving surprising amounts of #energy – http://bit.ly/1sgOIlY via @Justmeans + @RPSiegel

KEYWORDS: Energy, ACEEE, US Government, DOE, EPA, hud, Dept. of Agriculture, World Meteorological Organization, appliance standards, vehicle standards, power plant standard, housing policies

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How CH2M HILL Engages Employees in Giving Through Skills and Action

SOURCE: America’s Charities

DESCRIPTION:

By Sarah Ford

For 85% of employers surveyed in America’s Charities 2013 Snapshot Report, keeping workplace giving campaigns fresh and vibrant is a challenge.  More than ever, employee expectations of engagement programs have extended beyond matching gift programs and expanded opportunities to give throughout the year to any charity.  Employees also want the opportunity to be more directly connected with charities, and they want to join colleagues in doing good inside and outside the walls of the workplace.

At the same time, companies are more strategic than ever about their approach to philanthropy.  Looking to engage employees while maximizing their impact, companies are starting to target their resources where they can do the most good by focusing on a handful of causes that best align with their talents.

As a result, employers are now devising overall giving strategies that focus on specific causes and encourage year-round giving, volunteerism, skills-based pro bono services and engagement.

One such example is CH2M HILL, a global leader in engineering with 26,000 employees on six continents.  In 2012, CH2M HILL decided to take a step back and revisit its giving strategies.  As a result, the CH2M HILL Foundation, which CH2M HILL uses to manage its charitable giving, was relaunched in 2013 with a new board and a more focused mission.

On a mission to support global organizations in its operating countries that develop sustainable communities and inspire the next generation of socially and environmentally responsible leaders, CH2M HILL decided to focus on the following three areas of giving:

  1. Environmental stewardship;
  2. STEM (science, technology, engineering and math) education; and
  3. Employee engagement.

Environmental stewardship and STEM make sense for an engineering company like CH2M HILL, but what caught our attention was their focus on employee engagement.  “We know with empirical evidence that when our employees have the opportunity to share both their skills sets and their passion for helping others, they generate pride in themselves and in their employer,” says Ellen Sandberg, Executive Director, CH2M HILL Foundation, and Vice President, Community Investment.

Giving Through Action

For most companies, employee engagement is an outcome the company hopes to achieve as a result of its work.  For CH2M HILL, employee engagement is more of a means to achieving that result.

Service has been part of CH2M HILL’s culture since its founding in 1946 and one way employees of CH2M HILL are encouraged to put their passion for giving into action is through CH2M HILL Foundation’s Employee Action Grants and Community Grants programs.

>> Continue Reading

Tweet me: .@AmerCharities: How @CH2MHILL Engages Employees in Giving Through Skills & Action: http://bit.ly/1wolkhI #employeeengagement #volunteer

KEYWORDS: Philanthropy, Business & Trade, CH2M Hill, volunteer, Corporate Pro Bono, Community Grants, sustainability, America’s Charities, Employee Engagement, Fundraising, cause marketing, corporate philanthropy, workplace giving, social responsibility, csr

  

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Colin Powell Highlights the Inaugural Illinois Leadership Conference

SOURCE: National Diversity Council

DESCRIPTION:

CHICAGO, September 15, 2014 /3BL Media/ -  The Illinois Diversity Council is hosting the Inaugural Illinois Leadership Conference in an effort to recognize and empower multiculturalism and leadership throughout the state of Illinois. The event will be held on October 16, 2014 at the McCormick Place Chicago, 2301 S. Lake Shore Drive Chicago, Illinois 60616. The keynote speaker will be Former Secretary of State General Collin Powell.

“The Illinois Leadership Conference will help professionals grow in their knowledge of diversity and inclusion best practices, while also recognizing those individuals who have made an impact in their organizations and communities,” said Dennis Kennedy, Founder & CEO of the National Diversity Council.

The full-day event will feature concurrent sessions that will address topics regarding diversity and inclusion, leadership and professional development. A series of awards will also be given in recognition of leadership and excellence, including the Leadership Excellence in the Law Award, the Multicultural Leadership Award, and the Leadership Excellence Award.

Registration for the Illinois Diversity and Leadership Conference is currently ongoing and can be completed at: www.illeadershipconference.com/index.php. Contact Dennis Kennedy for more information at dennis.kennedy@nationaldiversitycouncil.org.

About the Illinois Diversity Council
The Illinois Diversity Council is a non-profit organization committed to fostering a learning environment for organizations to grow in their knowledge of diversity. The council affords opportunities for organizations to share best practices and learn from top corporate leaders in the areas of diversity and inclusion. The regional advisory board is located in Chicago.

More information about the Illinois Diversity Council is available at www.illinoisdiversitycouncil.org

Media Contact:
Dennis Kennedy
Founder & CEO
National Diversity Council 
dennis.kennedy@nationaldiversitycouncil.org

Tweet me: Colin Powell to speak at @DiversityIL Inaugural Illinois Leadership Conference – http://3bl.me/3yx5xg #diversity #leadership

KEYWORDS: Events, Conferences & Webinars, Diversity and Human Resources, National Diversity Council, Illinois Diversity Council, Inaugural Illinois Leadership Conference, Colin Powell, diversity, multiculturalism

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EPA’s McCarthy, HUD’s Castro at Solar Energy Home Builds for Low-Income Families in D.C.

Projects address national policy issues as industry sets new records.

SOURCE: Wells Fargo & Company

DESCRIPTION:

WASHINGTON, Sept. 15, 2014 /3BL Media/ - 

Thurs., Sept. 18, 10:30 a.m., Ivy City community, Northeast, Washington, D.C.

Today, more than 15 gigawatts of solar energy have been installed in the U.S., enough to power 3.2 million homes. However, important national policy issues remain around its reach into underserved communities. Join us to highlight a very compelling community partnership program that demonstrates how low-income communities can gain access to solar energy and skilled jobs in a growth industry. Great visuals with top officials from the Obama Administration, job trainees, community partners and volunteers in hard-hats on rooftops installing solar energy systems.

WHO:  The following speakers are confirmed:

·         HUD Secretary Julián Castro

·         EPA Administrator Gina McCarthy

·         Erica Mackie, Co-Founder & CEO, and Nicole Steele, Executive Director for Mid-Atlantic, GRID Alternatives

·         Susanne Slater, President and CEO of Habitat for Humanity of Washington, D.C.

The following VIPs will also be available to the media:

·         Dan Utech, Special Assistant to the President for Energy and Climate Change

·         Mike Boots, Acting Chair of the White House Council on Environmental Quality

·         Mike Golden, President, Greater Washington, DC – Wells Fargo

WHAT: GRID Alternatives launches its mid-Atlantic presence by installing solar photovoltaic systems on 10 Habitat for Humanity of Washington D.C. homes in the economically challenged Ivy City community in Northeast Washington, D.C.  The nation’s largest solar non-profit, GRID has a decade-long track-record successfully deploying solar in low-income communities in Calif., Col., NJ and NY. Its expansion into the mid-Atlantic was seeded by a major grant from Wells Fargo. Project participants include job trainees from Sasha Bruce Youthwork, employee volunteers from Wells Fargo and other community and corporate volunteers.

WHERE: 1810 Providence Pl. NE, Washington, D.C.

WHEN: Kick-off event Thursday, Sept. 18, 2014, 10:30 a.m. – 11:30 a.m. (remarks from U.S. Agency leaders at 10:30). RSVP for other opportunities during the week.

*** Great video and photo opportunities for broadcast, print, and online media ***

WHY:  This project and GRID Alternatives’ expansion to the mid-Atlantic raise important policy issues around making clean energy and the high-growth solar industry more accessible to all communities.

The project demonstrates:

·         Relevant job training in a growth industry for young people in the greatest need.

·         The need to expand and adapt solar policies that are effective in reaching underserved communities.

·         Cooperative effort by community partners in finance, housing and government.

·         How to create access for low-income communities to clean energy options.

·         An effective way to help low-income families save significantly on their energy bills.

Additional Context

This event occurs shortly after second quarter reports of significant growth by the U.S. solar industry; ahead of the 24th Annual Solar and Green Homes Tour (51 locations in Washington, D.C. area on Oct. 4-5 and around the nation sponsored by the American Solar Energy Society); and coincides with the George Washington University Solar Institute’s Annual Symposium focused on low-income communities, Sept. 23-4, and the release of new reports from the Center for American Progress about access to solar by low-income and rural families.

RSVP and Interviews

To arrange interviews and RSVP to attend, contact Julian Foley at jfoley@gridalternatives.org and at 510-731-1188. While the press conference and formal remarks occur Sept. 18, the media is welcome to visit anytime during the installation on Sept. 18-19 (Thurs. and Fri.) and Sept. 22-23 (Mon. and Tues.) between 9:00 a.m. and 3:00 p.m.

 

Background

GRID Alternatives is a nonprofit organization that makes renewable energy technology and job training accessible to low-income communities. We bring together community partners, volunteers and job trainees to implement solar power and energy efficiency for low-income families, providing energy cost savings, valuable hands-on experience, and a source of clean, local energy that benefits us all. More than 4,500 families have benefited from our work to date, saving $113 million in lifetime electricity costs, and over 17,500 people have received solar training. GRID Alternatives has 10 regional offices and affiliates serving California, Colorado, the New York tri-state region, the mid-Atlantic region, and Tribal communities nationwide. For more information, visit www.gridalternatives.org.

Wells Fargo provided a $2 million investment expansion grant to GRID Alternatives to help bring clean, affordable solar energy to communities that can benefit the most from energy solutions that are environmentally and economically sustainable.

Habitat for Humanity of Washington, D.C. believes that everyone deserves a house they want to call home. That’s why we work to reduce poverty housing in the nation’s capital by building affordable, energy- and resource-efficient homes for people in need. DC Habitat builds and rehabilitates homes in order to sell them at affordable terms to low-income, working families. Visit us at www.dchabitat.org for more information.

Note: Latest quarterly solar energy growth data reported by the Solar Energy Industries Association and GTM Research at www.seia.org

 

Tweet me: .@GRID, @WellsFargo and White House administrators talk jobs, #solar, #energy on 9/18. Join the conversation http://bit.ly/X7V9PZ

KEYWORDS: Energy, Wells Fargo, Habitat for Humanity, Washington DC, Solar Energy, climate change, energy conservation

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