I-Bytes Retail & consumer Goods Industry

IT Shades
Engage & Enable
I-Bytes
Retail & Consumer Goods
February Edition 2020
Email us - solutions@itshades.com
Website : www.itshades.com

IT Shades
Engage & Enable
For any queries, Please write to marketing@itshades.com
About Us
Who We are Aim of this I-Byte Reasons to talk to us
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Retail & Consumer Goods. We are
very excited to share this content and
believe that readers will benefit
immensely from this periodic
publication immensely.
1. Publishing of your company’s solutions/
announcements in this document.
2. Subscribe to this and other periodic
publications i.e. I-Bytes, Solution Letters from
ITShades.com.
3. For placement of your company's click-able
logo and advertisements.
4. Feedback for us to improve the content and
format of these periodic publications.

IT Shades
Engage & Enable
Sponsoring Companies for this Edition
LOGO 1 LOGO 2 LOGO 3
LOGO 4 LOGO 5

IT Shades
Engage & Enable
Table of Contents
1. Financial, M & A Updates..................................................................................................................................1
2. Solution Updates...............................................................................................................................................27
3. Rewards and Recognition Updates.................................................................................................................38
4. Partnership Ecosystem Updates.....................................................................................................................67
5. Event Updates..................................................................................................................................................80

IT Shades
Engage & Enable
Financial, M & A Updates
Retail & Consumer Goods Industry

Financial, M&A Updates
IT Shades
Engage & Enable
Altria (USA) Reports 2019 Fourth-Quarter and Full-Year Results;
Provides 2020 Full-Year Earnings Guidance
Fourth Quarter
• Net revenues decreased 1.8% to $6.0 billion, primarily due to lower net revenues in the smokeable
products segment, partially offset by higher net revenues in the smokeless products segment. Revenues
net of excise taxes was essentially unchanged at $4.8 billion.
• Reported diluted EPS decreased 100%+ to ($1.00), primarily driven by the impairment of JUUL equity
securities and higher interest expense, partially offset by higher reported operating companies’ income
(OCI), higher reported earnings from Altria’s equity investment in ABI, 2019 Cronos-related special items
and favorable tax items.
• Adjusted diluted EPS increased 7.4% to $1.02, primarily driven by higher adjusted OCI in the
smokeable and smokeless products segments and higher adjusted earnings from Altria’s equity investment
in ABI, partially offset by higher interest expense.
Full Year
• Net revenues decreased 1.0% to $25.1 billion, primarily due to lower net revenues in the smokeable
products segment, partially offset by higher net revenues in the smokeless products segment. Revenues
net of excise taxes increased 0.9% to $19.8 billion.
• Reported diluted EPS decreased 100+% to ($0.70), primarily driven by the impairment of JUUL equity
securities, 2019 Cronos-related special items and higher interest expense (which includes
acquisition-related costs associated with the JUUL and Cronos transactions), partially offset by higher
reported OCI, favourable tax items and higher reported earnings from Altria’s equity investment in ABI.
• Adjusted diluted EPS increased 5.8% to $4.22, primarily driven by higher adjusted OCI in the smokable
and smokeless products segments, lower spending as a result of Altria’s decision in 2018 to refocus its
innovative products efforts and higher adjusted earnings from Altria’s equity investment in ABI, partially
offset by higher interest expense.
Executive Commentary
“Altria’s core tobacco businesses delivered outstanding performance in 2019. In addition, Altria
exceeded its $575 million annualized cost savings target and increased the dividend for the 54th time
in 50 years,” said Chairman and Chief Executive Officer. Despite the unexpected challenges related
to our investment in JUUL, which led to impairment charges and reported losses, we made
significant progress advancing and building our noncombustible business platform with the launch of
IQOS and completion of the on! transaction. We enter 2020 with continued focus on harm reduction.
We believe Altria’s enhanced business platform best positions us to succeed under various future
category scenarios.”
Description
1

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Amazon.com (USA) Announces Fourth Quarter Sales up 21% to $87.4
Billion
Fourth Quarter 2019
• Net sales increased 21% to $87.4 billion in the fourth quarter, compared with
$72.4 billion in fourth quarter 2018. Excluding the $120 million unfavorable
impact from year-over-year changes in foreign exchange rates throughout the
quarter, net sales increased 21% compared with fourth quarter 2018.
• Operating income increased to $3.9 billion in the fourth quarter, compared
with operating income of $3.8 billion in fourth quarter 2018.
• Net income increased to $3.3 billion in the fourth quarter, or $6.47 per diluted
share, compared with net income of $3.0 billion, or $6.04 per diluted share, in
fourth quarter 2018.
Full Year 2019
• Net sales increased 20% to $280.5 billion, compared with $232.9 billion in
2018. Excluding the $2.6 billion unfavorable impact from year-over-year
changes in foreign exchange rates throughout the year, net sales increased 22%
compared with 2018.
• Operating income increased to $14.5 billion, compared with operating income
of $12.4 billion in 2018.
• Net income increased to $11.6 billion, or $23.01 per diluted share, compared
with net income of $10.1 billion, or $20.14 per diluted share, in 2018.
“Prime membership continues to get better for customers year after year.
And customers are responding more people joined Prime this quarter than
ever before, and we now have over 150 million paid Prime members around
the world,” said Amazon founder and CEO. We’ve made Prime delivery
faster the number of items delivered to U.S. customers with Prime’s free
one-day and same-day delivery more than quadrupled this quarter compared
to last year. Members now have free two-hour grocery delivery from
Amazon Fresh and Whole Foods Market in more than 2,000 U.S. cities and
towns. Prime members watched double the hours of original movies and TV
shows on Prime Video this quarter compared to last year, and Amazon
Originals received a record 88 nominations and 26 wins at major awards
shows. A huge thank you to teams across Amazon for their dedicated work to
build, innovate, and deliver for customers this holiday.”
Description
2

IT Shades
Engage & Enable
Almarai Company (Saudi Arabia) Announces Its Annual Consolidated Financial
Results for The Year Ended in 31 December 2019
3
Fourth Quarter of 2019 Highlights
• The Revenue for the Fourth quarter 2019 amounted to SAR 3,703.9 million, an increase of 9.5% as compared to the corresponding quarter of the last year.
• The Gross Profit for the Fourth quarter 2019 amounted to SAR 1,293.5 million, an increase of 2.4% as compared to the corresponding quarter of the last year.
• The Operating Profit for the Fourth quarter 2019 amounted to SAR 498.3 million, an increase of 0.1% as compared to the corresponding quarter of the last year.
• The Consolidated Profit Attributable to Shareholders of the Company for the Fourth quarter 2019 amounted to SAR 311.9 million, a decrease of 15.9 % as compared to the corresponding quarter of the last
year (SAR 370.8 million) and a decrease of 46.3% as compared to the previous quarter.
• The Comprehensive Income Attributable to Shareholders of the Company for the Fourth quarter 2019 amounted to SAR 277.4 million, a decrease of 52.4% as compared to the corresponding quarter of the
last year and a decrease of 48.4% as compared to the previous quarter.
Twelve Months ended 31 December 2019 Highlights
• The Revenue for the Period ended in 31st December 2019 amounted to SAR 14,351.3 million, an increase by 5.9% as compared to the corresponding period of the last year.
• The Gross Profit for the Period ended in 31st December 2019 amounted to SAR 5,366.7 million, an increase of 0.7% as compared to the corresponding period of the last year (SAR 5,327.1 million).
• The Operating Profit for the Period ended in 31st December 2019 amounted to SAR 2,473.2 million, a decrease of 1.9% as compared to the corresponding period of the last year (SAR 2,521.2 million).
• The Consolidated Profit Attributable to Shareholders of the Company for the Period ended in 31st December 2019 amounted to SAR 1,811.8 million, a decrease of 10.0% as compared to the corresponding
period of the last year (SAR 2,012.0 million).
• The Comprehensive Income Attributable to Shareholders of the Company for the Period ended in 31st December 2019 amounted to SAR 1,836.8 million, a decrease of 12.2% as compared to the
corresponding period of the last year (SAR 2,093.1 million).
• Total Equity Attributable to Shareholders as of 31th December 2019 amounted to SAR 14,653.3 million as compared to the corresponding date of last year (SAR 13,876.6 million), an increase of 5.6%. As
of 31th December 2019, the book value per share reached SAR 14.7.
• The Earnings per Share (EPS) based on the Consolidated Profit Attributable to Shareholders of the Company forthe Twelve months period ended in 31st December 2019 and the corresponding Period of
last, year, reached SAR 1.83 and SAR 1.98, respectively. Diluted EPS for the Twelve months period ended in 31st December 2019 and the corresponding Period of last year were SAR 1.81 and SAR 1.96,
respectively.
Description

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
ADM (USA) Reports Fourth Quarter Earnings of $0.90 per Share, $1.42
per Share on an Adjusted Basis
• Net earnings of $504 million
• Reported and adjusted earnings and EPS inclusive of $0.61 per share
impact of retroactive biodiesel tax credit for 2018 and 2019
• Industry-leading solutions portfolio, combined with business
improvements, Readiness, and growth investments, give confidence for
2020 and beyond
• EPS as reported of $0.90 includes a $0.24 per share charge related to a
loss on sale of an equity investment, a $0.16 per share charge related to
asset impairment and restructuring charges, a $0.04 per share charge
related to LIFO, and a $0.08 per share tax expense related to certain
discrete items. Adjusted EPS, which excludes these items, was $1.42.
“Our team delivered a solid fourth quarter, consistent with our
expectations three months ago,” said Chairman and CEO. We can
look back on a full year in which the team did a great job managing
through some difficult external conditions while continuing to
deliver innovative solutions for our customers. Looking ahead,
we’re excited about the opportunities we see in 2020 and beyond.
Our industry-leading array of products and solutions from nature is
helping us give our customers an edge in meeting global demand in
fast-growing consumer trend areas — from alternative proteins, to
foods and beverages that enhance health, to unique products for
pets. We expect market conditions to improve as the year progresses,
particularly as impacts from the U.S.-China Phase 1 trade deal take
hold. More importantly, another year of expected 20-plus percent
growth in Nutrition profitability, combined with our work to
improve business performance, advance Readiness, and harvest our
growth investments, give us confidence in strong results in 2020 and
the years to come.”
Description
4

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
ADM (USA) Expands Solutions Capabilities with Addition of
Cutting-Edge Botanical Provider Yerbalatina
ADM announced that it has acquired Yerbalatina Phytoactives, a
pioneering natural plant-based extracts and ingredients manufacturer.
Yerbalatina uses proprietary cool-drying technology to transform fruits,
vegetables and other plants – such as acerola, acai, guarana and green
coffee – into a wide variety of extracts and ingredients for customers in
the food, beverage and health industries. Its range of more than 100
botanical products and solutions includes functional nutrition and health
ingredients; organic food colorings; organic powdered fruits; organic
vegetable milks; and organic nutritional extracts. This acquisition expands
ADM’s already significant business in Brazil. The company operates an
extensive human and animal nutrition business, including an alternative
protein production complex in Campo Grande; beverage extracts, bases
and compounds production in Manaus and Uberlândia; and 13 animal
nutrition facilities. In addition, ADM processes oilseeds at eight locations
across Brazil, producing meal and renewable biodiesel, as well as a
significant portfolio of consumer oils under the Concordia, Corcovado,
ABC and Vitaliv brands. ADM has more than 6,000 employees in Brazil.
“ADM is a global leader in nutrition, and we are proud to be at the
cutting edge of many of trends, including those toward fortified foods,
beverages and supplements that enhance health and come from natural
sources. Today, we’re adding to our ability to meet those important
needs for our customers,” said President of ADM’s Health & Wellness
business. “Yerbalatina’s wide array of natural botanical extracts —
including organic-certified ingredients — combined with their R&D
capabilities and market expertise, are exciting additions to our pantry
as we continue to build our leadership position in science-based
microbiome solutions for human and animal health.”
Description
5

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Bed Bath & Beyond Inc. (USA) Reports Results for Fiscal 2019 Third
Quarter
• The Company reported a net loss of $(0.31) per diluted share ($(38.6) million), which
included a net benefit of $0.07 from the favorable impact from an adjustment to the
incremental inventory reserve for future markdowns associated with its inventory
initiative, that was partially offset by a non-cash charge for the impairment of certain
store-level assets. This compares to net earnings of $0.18 per diluted share ($24.4
million) for the fiscal 2018 third quarter, which included the favorable impact of $0.16
per diluted share from the gain on the sale of a building.
• Excluding these net favorable impacts in both periods, the Company reported an
adjusted net loss of $(0.38) per diluted share ($(46.9) million) for the fiscal 2019 third
quarter, compared to adjusted net earnings of $0.02 per diluted share ($2.7 million) for
the fiscal 2018 third quarter.
• Net sales for the fiscal 2019 third quarter were $2.8 billion, a decrease of 9.0%
compared to the prior year period. Comparable sales in the fiscal 2019 third quarter
declined 8.3%.
• The Company's Board of Directors declared a quarterly dividend of $0.17 per share
payable on April 14, 2020 to shareholders of record at the close of business on March
13, 2020.
• The Company repurchased $1.2 million of its common stock, representing 87,000
shares, during the fiscal 2019 third quarter.
• The Company ended the fiscal 2019 third quarter with $920 million in cash and
investments, compared with $1.0 billion in cash and investments at the end of the fiscal
2018 third quarter.
"I am delighted to have the opportunity to lead this iconic company," stated
President and CEO. "Our performance in the third quarter was unsatisfactory and
underscores the imperative for change and strengthens our sense of priorities and
purpose. We must respond to the challenges we face as a business, including
pressured sales and profitability, and reconstruct a modern, durable model for
long-term profitable growth. Fortunately, the foundation of the Company's
transformation is well underway, due in large part to the direction and support of
the Board. We will be finalizing the details of our strategic plan over the next few
months and appreciate your patience as we embark and pursue this journey to
position Bed Bath & Beyond to deliver long-term, sustainable growth."
Description
6

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Bed Bath & Beyond Inc. (USA) Announces Completion of Sale-Leaseback
Transaction Generating Over $250 Million In Net Proceeds
Bed Bath & Beyond Inc. announced that it has completed a sale-leaseback
transaction with an affiliate of Oak Street Real Estate Capital, generating
over $250 million in net proceeds. As previously announced, Bed Bath &
Beyond, together with its outside financial advisors, is reviewing its
portfolio of retail concepts and owned real estate to optimize its asset base
and enhance shareholder value. In connection with this review, the
Company continues to evaluate certain remaining owned real estate. The
proceeds from this transaction may be used to reinvest in the Company's
core business operations/ongoing business transformation efforts to drive
growth, fund share repurchases, reduce the Company's outstanding debt,
or some combination of these options. Bed Bath & Beyond Inc. and
subsidiaries is an omnichannel retailer that is the trusted expert for the
home and heart-felt life events. The Company sells a wide assortment of
domestic’s merchandise and home furnishings. The Company also
provides a variety of textile products, amenities and other goods to
institutional customers in the hospitality, cruise line, healthcare and other
industries. Additionally, the Company is a partner in a joint venture which
operates retail stores in Mexico under the name Bed Bath & Beyond.
"We are pleased to complete this sale-leaseback transaction," said
President & Chief Executive Officer. "This marks the first step toward
unlocking valuable capital in our business that can be put to work to
amplify our plans to build a stronger, more efficient foundation to
support revenue growth, financial stability and enhance shareholder
value."
Description
7

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Brown-Forman (USA) Reports First Half Results; Reaffirms Full Year
Earnings Per Share Outlook for Fiscal 2020
• For the second quarter, the company’s reported net sales1 were up 9% to $989 million
(+6% on an underlying basis2) compared to the same prior-year period.
• In the quarter, reported operating income increased 6% to $352 million (-3% on an
underlying basis) and diluted earnings per share rose 14% to $0.59.
• For the first six months of the fiscal year, the company’s reported net sales increased 5%
to $1.8 billion (+3% on an underlying basis). Reported net sales benefited approximately
1% due to the net change in distributor inventories related largely to the launch of Jack
Daniel’s Tennessee Apple.
• Year-to-date reported operating income increased 1% to $600 million (-5% on an
underlying basis) and diluted earnings per share increased 5% to $0.97.
Year-to-Date Fiscal 2020 Highlights
• Underlying net sales grew 3% (+5% reported), improving to 6% (+9% reported) in 2Q:
• The United States grew underlying net sales 6% (+10% reported), emerging markets grew
underlying net sales 5% (+4% reported), and our developed international markets grew
underlying net sales 2% (+1% reported)
• Jack Daniel’s family of brands underlying net sales grew 2% (+5% reported) bolstered by
the October launch of Jack Daniel’s Tennessee Apple in the United States, partially offset
by a 1% underlying net sales decline (+1% reported) of Jack Daniel’s Tennessee Whiskey,
which is largely timing related
• The company’s premium bourbons grew underlying net sales 22% (+28% reported)
driven by Woodford Reserve’s 20% underlying net sales growth (+25% reported) and even
stronger rate of growth from Old Forester
President and Chief Executive Officer, said, “As expected, our results improved during
the second quarter. We continue to deliver solid underlying growth from both a
geographic and portfolio perspective, despite the uncertain global economic and
geopolitical environment. Today, we reaffirmed our underlying net sales outlook for the
year and remain on track to deliver another year of mid-single digit growth in
underlying net sales led by the Jack Daniel’s family of brands, including the launch of
Jack Daniel’s Tennessee Apple in the United States, as well as sustained double-digit
growth from our premium bourbon and tequila portfolios.”
Description
8

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Coca-Cola (USA) Reports Strong Growth in Fourth Quarter and Full Year
2019; Company Achieves or Exceeds All Full Year Guidance
Highlights
Quarterly / Full Year Performance
• Net revenues grew 16% to $9.1 billion for the quarter and 9% to $37.3 billion for the year. Organic
revenues (non-GAAP) grew 7% for the quarter and 6% for the year. Revenue growth for the quarter
was driven by concentrate sales growth of 2% and price/mix growth of 5%. The quarter included
one additional day, which resulted in an approximate 1-point benefit to revenue growth. Revenue
growth for the year was driven by concentrate sales growth of 1% and price/mix growth of 5%.
• For the quarter, operating margin, which included items impacting comparability, was 23.9%
versus 23.4% in the prior year, while comparable operating margin (non-GAAP) was 24.8% in both
the current and prior year. For the year, operating margin, which included items impacting
comparability, was 27.1% versus 26.7% in the prior year. Comparable operating margin
(non-GAAP) was 27.9% versus 28.8% in the prior year. For both the quarter and full year, strong
underlying margin expansion was more than offset by headwinds from currency and net
acquisitions.
• For the quarter, EPS grew 134% to $0.47, and comparable EPS (non-GAAP) grew 1% to $0.44.
For the year, EPS grew 38% to $2.07, and comparable EPS (non-GAAP) grew 1% to $2.11. Both
fourth quarter and full year comparable EPS (non-GAAP) performance included the impact of an
8-point currency headwind.
• The company continued to gain value share in total nonalcoholic ready-to-drink (NARTD)
beverages.
• Cash from operations was $10.5 billion for the year, up 37% largely due to strong underlying
growth, accelerated timing of working capital initiatives and the reduction of productivity and
restructuring costs. Full year free cash flow (non-GAAP) was $8.4 billion, up 38%.
"We made good progress in 2019 by delivering on our financial commitments and growing in a
more sustainable way," said Chairman and CEO of The Coca-Cola Company. "We continue to
transform the organization to act with a growth mindset, which gives us confidence in our 2020
targets and our ability to create a better shared future for all of our stakeholders."
Description
9

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
The Coca-Cola (USA) system announces a billion euros of investments over the
next five years in support of sustainable development in France
The Coca-Cola Company and Coca-Cola European Partners, the primary
bottling partner in the country, together plan to invest as much as one
billion euros behind the introduction of new products in the French
market; the expansion of bottling capacity and modernization at CCEP’s
manufacturing plants; innovations; and ongoing support of company
brands. Both companies will support the hosting of the Paris 2024
Olympic Games, following the extension of a partnership between
Coca-Cola and the IOC, which was announced in July 2019. CCEP will
invest in the plant in Socx to equip the site with a state-of-the-art aseptic
bottling line in mid-2020, which will enable CCEP to meet the increasing
consumer demand for Fuze Tea, the ready-to-drink tea brand launched in
2018, and for Tropico, the juice drink company acquired by The
Coca-Cola Company in September 2018. Additional investments across
all five CCEP plants in France will enable the introduction of a higher
quantity of recycled material in bottles and cans and the replacement of
plastic by cardboard for secondary packaging. The €500 million in
investments will be progressively committed over the next five years in
production and commercialization and will include a provision for CCEP
to invest in new cooling equipment for its customers and in accelerating
the company’s digitalization journey.
“Coca-Cola has been part of France for a century, and our presence
today includes more than 2,800 people who work for Coca-Cola in
France, plus many more across our entire value chain,” CEO of Coca
Cola said. “Announcement shows continued commitment to France,
helping to build the French economy and contributing to sustainable
French communities for years to come.”
Description
10

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Colgate-Palmolive (India) Limited reported Results for the Quarter and Nine
Months Ended December 31, 2019
• Net Sales of Rs. 1,136.0 crore for the quarter ended
December 31, 2019, an increase of 4.1% over the same
quarter of the previous year with volume growth at 2.3%.
• Reported Net profit after tax for the quarter was Rs. 199.1
crore as against the Net Profit of Rs. 192.1 crore for the
same quarter of the previous year.
• Excluding the impact of prior year tax reversals in previous
year, the Net profit after tax has increased by 9% in the
current year.
• Net Sales for the nine months ended December 31, 2019
was recorded at Rs. 3,425.2 crore, an increase of 4.2% over
the same period of the prior year.
• Domestic net sales growth for the nine months ended
December 30, 2019 reported at 5%. Reported Net Profit for
the same period was Rs. 612.3 crore.
Managing Director at Colgate-Palmolive Ltd, said, “The
current quarter continued to witness demand moderation
and soft consumer sentiments. The Company reported a
net sales growth of 4.1% despite category headwinds in
both rural and urban. Our Brand Heath continues to
strengthen on the back of our ‘smile karo aur shuru ho
jao’ campaign as we bring to life more stories of people
championing optimism. Additionally, our recent
innovations are also off to a good start. The relaunch of
our flagship brand, Colgate Strong Teeth continues to gain
household penetration and our new Charcoal variant is
also showing early traction with consumers in the markets
/ stores where we have launched.’’
Description
11

IT Shades
Engage & Enable
Constellation brands (USA) makes minority investment in press premium alcohol
seltzer
12
Constellation has acquired a minority stake in PRESS Premium Alcohol Seltzer. Focus on Female Founders is
committed to supporting the advancement of women within Constellation and within the industry through
meaningful investments in female-founded and female-led businesses doing disruptive and innovative work
across beverage alcohol and adjacent categories. As an independent, woman-led and co-owned brand made of
natural ingredients, this quality premium seltzer fits Constellation’s Focus on Female Founders program and
the company’s overall high-end strategy. PRESS was co-founded by Amy Walberg and her business partner
Jim Sorenson in 2015 and has already achieved a top-10 position in the seltzer category with its strong product
quality and unique premium flavors such as Blackberry Hibiscus, Pomegranate Ginger, Lime Lemongrass, and
Grapefruit Cardamom. PRESS is based in Milwaukee, Wisconsin and is made with a lower alcohol by volume
for consumers who prefer lower ABV drinks, and to allow PRESS’ complex flavors to break through.
Description

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Hershey (USA) Reports Fourth-quarter And Full-year 2019 Financial Results;
Provides 2020 Outlook
Fourth-Quarter 2019 Financial Results Summary
• Consolidated net sales of $2,068.1 million, an increase of 4.0%.
• Organic, constant currency net sales increased 1.9%.
• The net impact of acquisitions and divestitures on net sales was a 2.2 point benefit, while
foreign currency exchange was a 0.1 point headwind.
• Reported net income of $207.2 million, or $0.98 per share-diluted, a decrease of 38.8%.
• Adjusted earnings per share-diluted of $1.28, an increase of 1.6%.
2019 Full-Year Financial Results Summary2
• The net impact of acquisitions and divestitures on net sales was a 1.0 point benefit, while
foreign currency exchange was a 0.3 point headwind.
• Reported net income of $1,149.7 million, or $5.46 per share-diluted, a decrease of 2.2%.
“Our excellent performance in 2019 demonstrates the strength of our business and our
ability to consistently deliver industry leading financial results, whilst also implementing
our key strategic initiatives,” said CEO. “I am very pleased with the results we have
achieved in 2019 and feel confident that we will deliver against all of the strategic
objectives that we defined under our 2020 strategy.”
Description
13

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Hershey (USA) Reports Fourth-quarter And Full-year 2019 Financial Results;
Provides 2020 Outlook
Fourth-Quarter 2019 Financial Results Summary
• The net impact of acquisitions and divestitures on net sales was a 2.2
point benefit, while foreign currency exchange was a 0.1 point
headwind.
• Reported net income of $207.2 million, or $0.98 per share-diluted, a
decrease of 38.8%.
2019 Full-Year Financial Results Summary2
• The net impact of acquisitions and divestitures on net sales was a 1.0
point benefit, while foreign currency exchange was a 0.3 point
headwind.
• Reported net income of $1,149.7 million, or $5.46 per share-diluted, a
decrease of 2.2%.
“We had a strong year in 2019 with accelerated business
performance and differentiated financial results,” said The Hershey
Company President and Chief Executive Officer. "This was driven
by momentum in our core U.S. confection portfolio in both retail
takeaway and margin expansion, incremental and profitable
international growth, and further expansion of our snacking
portfolio. We continued investing in our brands, capabilities, and
people and have confidence we will deliver another year of
high-quality financial results in 2020.”
Description
14

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Kimberly-Clark (USA) Announces Year-End 2019 Results And 2020 Outlook
• Fourth quarter 2019 net sales of $4.6 billion were even with the year-ago
period, while organic sales increased 3 percent. Full-year 2019 net sales of
$18.5 billion were even with the year-ago period, while organic sales
increased 4 percent.
• Diluted net income per share for the fourth quarter was $1.59 in 2019 and
$1.18 in 2018. Full-year diluted net income per share was $6.24 in 2019 and
$4.03 in 2018.
• Fourth quarter adjusted earnings per share were $1.71 in 2019, up 7 percent
compared to $1.60 in 2018. Adjusted earnings per share exclude certain items
described later in this news release.
• Full-year adjusted earnings per share were $6.89 in 2019, up 4 percent
compared to $6.61 in 2018. The company's previous guidance was for
adjusted earnings per share of $6.75 to $6.90.
• Net sales in 2020 are expected to increase 1 percent year-on-year, including
organic sales growth of 2 percent. Diluted net income per share for 2020 is
anticipated to be $5.95 to $6.65. Adjusted earnings per share in 2020 are
expected to be $7.10 to $7.35.
• The company's Board of Directors has approved a 3.9 percent increase in
the quarterly dividend, which is the 48th consecutive annual increase in the
dividend.
Chairman and Chief Executive Officer said, "Our fourth quarter results
capped off a year of excellent progress at Kimberly-Clark. For the full
year of 2019, we delivered 4 percent growth in organic sales and in
adjusted earnings per share, both ahead of our original outlook for the
year. We also achieved strong margin improvements, generated $425
million of cost savings and returned $2.2 billion to shareholders through
dividends and share repurchases. At the same time, we launched
innovations, pursued our growth priorities and increased our investments
behind our brands and in capabilities to position us for longer-term
success. Overall, I'm encouraged by our progress in the first year of
executing K-C Strategy 2022."
Description
15

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Mondelēz International (USA) Reports Q4 And Fy 2019 Results
Full Year Highlights
• Net revenues declined 0.3% driven by unfavorable currency
impacts; Organic Net Revenue1 grew 4.1% with balanced
volume/mix and pricing
• Diluted EPS was $2.65, up 16%; Adjusted EPS1 was $2.47, up
8% on a constant-currency basis
• Cash from operating activities was $4.0 billion, increasing $17
million versus prior year; Free Cash Flow1 was $3.0 billion,
increasing $187 million versus prior year
• Return of capital to shareholders was $3.0 billion
Fourth Quarter Highlights
• Net revenues increased 2.1% driven by Organic Net Revenue
growth of 4.1% partially offset by unfavourable currency impacts
• Diluted EPS was $0.50, down 10.7%; Adjusted EPS was $0.61,
flat on a constant-currency basis
"2019 was a major step forward for the company: Execution of
our strategy, including investments in global and local brands,
enabled us to deliver strong top-line performance and to meet or
exceed all of our financial targets. We are increasingly
confident that our incremental investments in brands and
capabilities, emphasis on volume leverage and profit dollar
growth will create a virtuous cycle that consistently delivers
attractive top- and bottom- line growth and sustained free cash
flow generation," said Chairman and CEO.
Description
16

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Murphy USA Inc. Reports Preliminary Fourth Quarter 2019 Results
• Net income was $47.6 million, or $1.54 per diluted share, in Q4 2019 compared to net
income of $77.5 million, or $2.38 per diluted share, in Q4 2018. This decrease in net
income was primarily due to a lower total fuel contribution. For 2019, net income was
$154.8 million, or $4.86 per diluted share, compared to 2018 net income of $213.6
million, or $6.48 per diluted share.
• Total fuel contribution (retail fuel margin plus product supply and wholesale
("PS&W") results including RINs) for Q4 2019 was 17.1 cpg compared to 20.0 cpg in
Q4 2018. For the year, total fuel contribution was 16.1 cpg in 2019 compared to 16.2
cpg in 2018.
• Total retail gallons decreased 1.6% for the network during Q4 2019 and volumes on a
same store sales basis decreased 3.4%, while for the year, retail gallons increased 3.4%
to 4.4 billion gallons and increased 1.2% on a SSS basis.
• Merchandise contribution dollars grew 3.0% during Q4 2019 to $105.2 million. For
the current year, merchandise contribution dollars were up 4.8% to $419.4 million on
average unit margins of 16.0%.
• During Q4 2019, 10 new stores opened and 10 raze-and-rebuild sites re-opened. For
the year, 17 new stores were opened and in addition, 27 raze-and-rebuild locations
re-opened. The year-end store count was 1,489.
• Common shares repurchased during Q4 2019 were 0.3 million for $26.6 million at an
average price of $88.73 per share. For the year, 1.9 million shares were repurchased
for $165.8 million at an average of $87.35 per share.
"Our Q4 results rounded out an exceptional 2019, where Murphy USA's strategic
initiatives drove higher per store fuel volumes, record merchandise contribution
and better new store performance while maintaining our cost leadership position,"
said President and CEO. We expect earnings growth and other share price drivers
that we control to continue as we enter 2020 with momentum along with a strong
balance sheet and leadership team."
Description
17

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
P&G (USA) Announces Fiscal Year 2020 Second Quarter Results
• Net sales of $18.2 billion, an increase of five percent versus the prior year. Excluding the net impacts of
foreign exchange, acquisitions and divestitures, organic sales also increased five percent.
• Diluted net earnings per share were $1.41, up 16% versus the prior year. Core earnings per share increased
14% to $1.42. Currency-neutral core EPS increased 15% versus the prior year.
• Operating cash flow was $4.4 billion for the quarter. Free cash flow productivity was 100%. The Company
returned $5.4 billion of cash to shareholders through $1.9 billion in dividend payments and $3.5 billion of
common stock repurchases.
• Beauty segment organic sales increased eight percent versus year ago. Skin and Personal Care organic sales
increased double digits driven by premium innovation and increased pricing. Hair Care organic sales increased
mid-single digits driven by premium innovation, positive mix impact from the disproportionate growth of
premium products and devaluation-driven price increases.
• Grooming segment organic sales increased four percent versus year ago. Shave Care organic sales increased
low single digits driven by innovation and devaluation-driven price increases partially offset by related unit
volume declines in certain markets and competitive activity. Appliances organic sales increased high single
digits driven by innovation and positive mix impact from the disproportionate growth of premium products.
• Health Care segment organic sales increased seven percent. Oral Care organic sales increased mid-single
digits due to innovation and positive mix in the premium toothpaste and toothbrush segments. Personal Health
Care organic sales increased high single digits primarily due to innovation, increased marketing spending,
increased pricing and positive mix due to strong growth in North America Respiratory category, which has
higher than average selling prices. Personal Health Care all-in sales increased over 30% versus the base period
with the addition of the Merck OTC business.
“We delivered another strong quarter of organic sales growth, core earnings per share and cash returned to
shareowners,” said Chairman, President and Chief Executive Officer. “Our strong first half results enable
us to further increase our outlook for the full fiscal year across each of these metrics and to increase our
commitment of cash return to shareowners. Our focus remains on executing our strategies of superiority,
productivity, constructive disruption and improving P&G’s organization and culture to deliver balanced
top-line and bottom-line growth along with strong cash generation in a challenging competitive and
macroeconomic environment.”
Description
18

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
P&G (USA) Announces Plans to Acquire Billie Inc.
P&G announced plans to acquire Billie Inc., a growing female body care
company committed to better serving women’s beauty and grooming needs.
Billie is a subscription-based, direct-to-consumer brand focused on providing
women with quality shaving supplies and premium body care products. Their
current product portfolio includes razors, shaving cream, body wash and
body lotion. The deal complements P&G’s female grooming portfolio, which
includes the Venus, Braun and joy brands, through the combination of strong
digital and direct-to-consumer marketing capabilities, a growing range of
personal care products, and a fresh, digitally-native brand that is especially
appealing to Millennial and Gen Z consumers. Billie will continue to be led
by its co-founders, Georgina Gooley and Jason Bravman. The combination of
brands, talent and expertise will strengthen P&G’s Grooming business and
accelerate growth for Billie, as well as fuel the development of additional
products designed for the specific needs of women. Billie provides women
with quality shaving supplies and premium body care products designed to
make a daily routine a little more delightful and a lot more affordable. Our
products include 5-blade razors encased in charcoal shave soap with a
magnetic handle and holder, shaving cream, body wash and body lotion.
“The impact and consumer connection Georgina and Jason have been
able to make with Billie in a short period of time has been remarkable,”
said CEO of P&G Global Grooming. “The combination of Billie’s
high-quality, naturals-focused razors and body care products, and P&G’s
highly-skilled and experienced people, resources, technical capabilities
and go-to-market expertise will allow us to further reach Millennial and
Gen Z women through a fresh, bold attitude.”
Description
19

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
PVH Corp. (USA) to Sell Speedo North America Business to Pentland Group
PVH Corp, one of the world’s largest apparel companies, announced that it
has entered into a definitive agreement to sell its Speedo North America
business to Pentland Group, parent company of Speedo International
Limited, for $170 million in cash, subject to a working capital adjustment.
Speedo International licenses the Speedo trademark to a PVH subsidiary for
perpetual use in North America and the Caribbean. The transaction, which is
expected to close in the first quarter of PVH’s fiscal 2020 year, is subject to
customary closing conditions, including regulatory approval. Pentland
Group, which also owns the Berghaus, Canterbury, Ellesse and SeaVees
brands, acquired Speedo in 1991 and has since developed it into the world’s
leading performance swimwear brand. The Group is the majority shareholder
of JD Sports Fashion plc, which operates 2,500 stores across 18 countries. Its
Pentland Brands division owns Speedo, Berghaus, Canterbury of New
Zealand, Endura, ellesse, Seavees and Mitre and it has the UK footwear
licensee for Kickers. Pentland Group also has a joint venture partnership for
Lacoste footwear.
“This strategic announcement aligns with PVH’s goal to optimize and
streamline its Heritage Brands business in the ever-evolving retail
environment and focus on delivering sustainable profitable growth of its
global brands, CALVIN KLEIN and TOMMY HILFIGER. I am pleased
to see Pentland Group reunite the Speedo business globally, as they are
best positioned to capture the full potential of the iconic Speedo brand,”
said Chairman & CEO, PVH Corp.
Description
20

IT Shades
Engage & Enable
Sumitomo Corporation (Japan) Invests in Elementum 3D, Inc.; Furthers Reach
into Additive Manufacturing
21
Sumitomo Corporation, announced its investment in Elementum 3D, Inc., an additive manufacturing research and
development company that specializes in the creation of advanced metals, composites and ceramics. Elementum holds a
patent for a metal powder blended with ceramics that enables faster printing speed, stronger mechanical properties and a
wider usage of metal grades that have not traditionally been suitable for additive manufacturing. This investment will help
expand the marketing and sales of Elementum’s proprietary powder. As a leading global investment and trading company
that operates in numerous industries and markets, SCOA believes Elementum’s products have the potential to be utilized
across several of the company’s business verticals, including steel, mineral resources, aerospace and tubular. It is plausible
that this technology could disrupt the current supply chain altogether, seeing additive manufacturing end-users working
directly with Elementum rather than traditional raw materials manufacturers. Elementum is one of several investments
made by SCOA in the AM space, which include Sintavia, a leading Tier 1 additive manufacturer for the Aerospace and Oil
& Gas industries, AREVO, a 3D printing company using carbon composite materials and Shapeways, a 3D printing service
company.
Description

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Sysco Reports Second Quarter Fiscal 2020 Results
Second Quarter Fiscal 2020 Highlights
• Sales increased 1.8% to $15.0 billion
• Gross profit increased 2.0% to $2.8 billion; gross margin increased 5
basis points
• Operating income increased 22.3% to $552.5 million; adjusted¹
operating income increased 3.9% to $626.9 million
• EPS increased $0.23 to $0.74; adjusted¹ EPS increased $0.10 to $0.85
First Half Fiscal 2020 Highlights
• Sales increased 1.2% to $30.3 billion
• Gross profit increased 1.7% to $5.8 billion; gross margin increased 10
basis points
• Operating income increased 13.0% to $1.2 billion; adjusted¹ operating
income increased 5.7% to $1.4 billion
• EPS increased $0.29 to $1.62; adjusted¹ EPS increased $0.17 to $1.83
“Our second quarter fiscal 2020 results were driven by improved local
case growth in our U.S. Foodservice segment, particularly within our
independent customers.” said Sysco’s chief financial officer. While our
adjusted earnings per share were in-line with expectations for the
quarter, our operating income results fell short. We remain focused on
executing against all of our strategic initiatives to strengthen our
long-term performance while maintaining our focus on the customer.
Earnings Per Share are shown on a diluted basis unless otherwise
specified. Adjusted financial results exclude certain items, which
primarily include restructuring costs, acquisition-related costs, and
transformational project costs. Specific to EPS, last year’s Certain
Items include the impact of recognizing a foreign tax credit.
Reconciliations of all non-GAAP measures are included at the end of
this release.’’
Description
22

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Tractor Supply Company (USA) Reports Fourth Quarter and Fiscal 2019 Results
Fourth Quarter 2019
• Net sales increased 2.7% to $2.19 billion in the fourth quarter of 2019 from $2.13 billion in the fourth quarter of 2018.
• Comparable store sales increased 0.1% versus an increase of 5.7% in the prior year’s fourth quarter. The comparable store
sales results included an increase in comparable average ticket of 1.8% and a decrease in comparable transaction count of
1.7%.
• The comparable store sales performance in the fourth quarter was primarily driven by strength in the consumable, usable
and edible categories, which were generally in line with the Company’s expectations. This performance was offset by
weakness in cold weather seasonal and holiday discretionary categories. Softness in the cold weather seasonal categories such
as heating equipment and insulated outerwear were impacted by the unseasonably warm weather in December which was the
sixth warmest in 125 years.
• Emergency response categories were negatively impacted as the Company cycled hurricane-related sales from the fourth
quarter of 2018. In addition, holiday discretionary categories were pressured by six fewer selling days between Thanksgiving
and Christmas compared to last year, which had a greater impact on sales than the Company had anticipated.
• Gross profit increased 3.6% to $741.8 million from $716.3 million, and gross margin rate increased 26 basis points to 33.8%
from 33.6% in the prior year’s fourth quarter. The increase in gross margin was primarily attributable to a reduction in freight
expense as a percent of net sales and, to a lesser extent, effective management of direct product margins.
Fiscal 2019 Results
• Net sales increased 5.6% to $8.35 billion from $7.91 billion in fiscal 2018. Comparable store sales increased 2.7% versus a
5.1% increase in fiscal 2018. Gross profit increased 6.3% to $2.87 billion from $2.70 billion, and gross margin increased by
22 basis points to 34.4% from 34.2%.
• SG&A expenses, including depreciation and amortization, increased 6.4% to $2.13 billion, and as a percent of net sales,
SG&A expenses increased to 25.5% compared to 25.3% in fiscal 2018.
• The effective income tax rate was 22.3% compared to a rate of 22.1% in fiscal 2018.
• For fiscal 2019, net income was $562.4 million, or $4.66 per diluted share, compared to $532.4 million, or $4.31 per diluted
share, in fiscal 2018. Excluding the after-tax impact of an executive transition agreement in the third quarter of fiscal 2019 of
approximately $2.3 million, or $0.02 per diluted share, adjusted net income for fiscal 2019 was $564.7 million, or $4.68 per
diluted share.
• The Company repurchased approximately 5.4 million shares of its common stock for $533.3 million and paid quarterly cash
dividends totalling $162.7 million, returning $696.0 million of capital to shareholders in fiscal 2019.
Tractor Supply’s Strategic Advisor and retired Chief Executive Officer, effective January 13, 2020, commented,
“Overall, 2019 was a solid year for the Tractor Supply team as we achieved record revenue and net income. While our
comparable store sales performance for the fourth quarter was below our expectations, the weakness was driven
principally by the effect of a period of warmer than expected weather impacting the sales of seasonal products and
softness in several holiday discretionary categories. Despite the sales trends in the quarter, the Tractor Supply team
executed well, controlling what we could control. This performance resulted in earnings per share in line with our
guidance range as the team delivered gross margin expansion accompanied with disciplined cost management. I am
optimistic about the future of Tractor Supply and where Hal and the team will lead the Company in the future.”
Description
23

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
VF (USA) Reports Third Quarter Fiscal 2020 Results and Adjusts Full Year
Fiscal 2020 Outlook
• Revenue from continuing operations increased 5 percent (up 6 percent in constant dollars) to $3.4
billion; excluding the occupational Work business, revenue from continuing operations increased 6
percent.
• Active segment revenue increased 8 percent including a 12 percent (13 percent in constant dollars)
increase in Vans® brand revenue; Outdoor segment revenue increased 3 percent including an 8
percent increase in The North Face® brand revenue;
• International revenue increased 8 percent (up 9 percent in constant dollars); Europe revenue
increased 4 percent. China revenue increased 30 percent (up 32 percent in constant dollars);
• Direct-to-Consumer revenue increased 7 percent; Digital revenue increased 16 percent.
• Gross margin from continuing operations increased 110 basis points to 55.7 percent; on an adjusted
basis, gross margin increased 100 basis points to 55.7 percent;
• Operating income from continuing operations increased 11 percent; adjusted operating income
from continuing operations increased 11 percent (12 percent in constant dollars); excluding the
occupational Work business, adjusted operating income from continuing operations increased 14
percent.
• Earnings per share from continuing operations was $1.13. Adjusted earnings per share from
continuing operations increased 14 percent to $1.23;
• Full year fiscal 2020 adjusted revenue from continuing operations now expected to approximate
$11.75 billion, reflecting growth of approximately 5 percent excluding the occupational Work
business, full year fiscal 2020 adjusted revenue from continuing operations is expected to increase
approximately 6 percent.
• Full year fiscal 2020 adjusted earnings per share from continuing operations now expected to be
approximately $3.30, reflecting growth of approximately 15 percent
“Our third quarter performance was strong and our year-to-date results are at the high end of our
long-term growth objectives. Despite a mixed holiday season in the US, we're on track to
deliver solid performance and are well positioned for continued growth and value creation in
fiscal year 2021," said VF's Chairman, President and CEO.
Description
24

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Walmart (USA) Announces $5 Million Investment in the Smithsonian National
Museum of African American History and Culture
Walmart announced a $5 million grant to the Smithsonian National Museum
of African American History and Culture in Washington, D.C. Walmart’s
support of NMAAHC is a part of the company’s continued commitment to
advance causes that promote diversity and inclusion. Since opening in 2016,
NMAAHC, the 19th Smithsonian Institution Museum, has welcomed more
than 7 million visitors who have explored the exhibits and more than 3,000
artefacts on display. It is the only national museum devoted exclusively to the
documentation of African American life, history and culture, and is a public
institution open to all, where anyone is welcome to participate, collaborate,
and learn more about African American history and culture. Later today,
Walmart will host a private event to celebrate the museum’s contributions
and acknowledge the critical role the Congressional Black Caucus played in
helping to make the museum a reality. This grant is the second donation
Walmart has made to support the museum’s initiatives, with the first $5
million donated in 2010 to support the design and construction of the facility.
The second investment will benefit the visitor services programs, corporate
leadership council and other areas including collections and acquisitions,
scholarship and research, education and public programs, exhibitions and
emerging technologies.
‘’The National Museum of African American History and Culture is a
vital institution, deepening everyone’s understanding of our nation’s
history through the lens of the African American experience. Walmart and
the Walmart Foundation have a long history of supporting diversity and
inclusion, and we are pleased to support the museum as they continue to
build out programs to advance their mission. Said, Vice president of
philanthropy at Walmart.’’
Description
25

Lorem
ipsum dolor sit
amet, con-
sec- tetue
r adip-
isc- ing
elit, sed
diam nonu
mmy nibh
euis- mod
ti
IT Shades
Engage & Enable
Atwater Brewery Joins Tenth and Blake Beer Company (USA)
Tenth and Blake Beer Company, the U.S. craft division of Molson Coors Beverage Company
announced an agreement to acquire Detroit-based Atwater Brewery. Atwater Brewery is highly
regarded in the Michigan craft beer community for its traditional German-style lagers and unique
ales. Founded in 1997, Atwater Block Brewery revived Detroit's proud brewing tradition from its
location in the historic Rivertown district. After investing in the brewery in 2002, Mark Rieth
purchased the brewery outright in 2005, setting off several years of booming growth. Led by
top-selling beers Dirty Blonde and Vanilla Java Porter, Atwater became a cornerstone of Michigan’s
brewing scene. Other brands, such as Better Life Choices (an American IPA that was named a top-10
IPA by Beer Connoisseur magazine), and Decadent Dark Chocolate (which won bronze in the World
Beer Cup), augment Atwater’s portfolio. The brewer, which also produces hard seltzers and craft
spirits, also operates three unique taphouse and biergarden locations in Detroit, Grosse Pointe Park
and Grand Rapids. This is the latest example of Molson Coors Beverage Company executing its
revitalization plan, which was launched in October 2019 to generate savings that are being
reinvested across its entire portfolio. Since announcing the plan, the company has expanded its
ability to innovate in the non-alcohol space by taking a stake in beverage incubator L.A. Libations;
announced it will air ads during the pro football championship for the first time in years; and
launched new creative campaigns for a broad range of its brands.
"The agreement with Tenth and Blake is both the culmination of our past and the catapult to our
future," said Mark Rieth, Atwater Brewery owner. "For Atwater to continue to grow, it will
require both capital and brewing expertise. Tenth and Blake brings both, which makes them the
ideal strategic partner to help us continue to live our mantra 'Born in Detroit. Raised
Everywhere.'"
Description
26

IT Shades
Engage & Enable
Solutions Updates

Solution Updates
IT Shades
Engage & Enable
Amorepacific (South Korea) Unveils Innovative Technology at CES 2020
27
Solution Description
Amorepacific provided a product experience zone at the Venetian for visitors to try the 3D-printed tailored mask pack and the Flexible LED
Patch. The Tailored Mask Pack 3D Printing System unveiled here is a technology that prints a personalized hydrogel mask pack that caters
to individual facial features and skin conditions. Visitors, who experienced the service of receiving a personalized mask they can use right
away that was made in less than 5 minutes after being designed on the spot, said “it was great to have the opportunity to experience a
tailored mask pack made on spot just for me using cutting-edge technology.” The service, established to offer personalized solutions
through six different types of prescription for five facial areas, will be available in April this year at Iope’s flagship store. With regards to
the (tentatively named) Flexible LED Patch unveiled for the first time to the public at CES 2020, visitors showed positive response saying,
“it was a good opportunity to experience the beauty device that caters to individual skin concerns of different areas. The device is light and
frees up the hands, making it convenient to use.” The Flexible LED Patch (tentative name) is a flexible patch-type LED beauty device that
fits close to the skin. It is a close-fitting programmed LED patch designed with the concept to erase the traces of wrinkles formed around
the facial expression areas through intensive care. It utilizes the flexibility of the material to deliver LED light directly on the skin. This
allows a tailored and intensive care that caters to the skin concerns such as firmness, tone up and skin-soothing delivered to the deepest
parts of the skin.

Solution Updates
IT Shades
Engage & Enable
ADM (USA) Unveils Updated Corporate Identity
28
ADM unveiled an updated corporate identity, reflecting the company’s recent evolution. Having made
numerous portfolio adjustments for growth in recent years – including divestitures, acquisitions and
investments – ADM provides a full range of solutions to meet the opportunities presented by rapidly
evolving global trends in existing and new markets, geographies and channels. At ADM, we unlock the
power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete
portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give
customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in
human and animal nutrition and the world’s premier agricultural origination and processing company. Our
breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for
food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we
enrich the quality of life the world over.

Solution Updates
IT Shades
Engage & Enable
General Mills (USA) launches multi-year regenerative agriculture pilot with
wheat growers in central Kansas
29
General Mills has launched a regenerative agriculture pilot with farmers in Kansas’ Cheney Reservoir watershed which provides water
to more than 400,000 Wichita residents. The company targeted this watershed in conjunction with the Kansas Department of Health and
Environment to improve water quality as part of the state-wide Watershed Restoration and Protection Strategy. The 3-year pilot is
comprised of 24 wheat growers in and around the 650,000-acre watershed where more than ninety-nine percent of the land is used for
agricultural purposes. Regenerative agriculture is a holistic method of farming, deploying practices designed to protect and
intentionally enhance natural resources and farming communities. These practices focus on pulling carbon from the air and storing it in
the soil in addition to helping the land be more resilient to extreme weather events. Additionally, regenerative agriculture practices help
to increase water infiltration and reduce soil erosion which have been shown to positively impact the quality of nearby lakes, rivers and
streams. These benefits can translate to farmers’ pocketbooks by ensuring that more nutrients stay in the field to be absorbed by plants
rather than washed or blown away through soil erosion. In March 2019, the company launched a Regenerative Oat Pilot consisting of
45 farmers across North Dakota, Saskatchewan and Manitoba representing more than 50,000 acres of farmland and will measure the
environmental and economic outcomes over the duration of the 3-year program.

Solution Updates
IT Shades
Engage & Enable
Makita (Japan) introduces new diamond blades - phase 2
30
Makita U.S.A., Inc., manufacturer of high-quality professional power tools and accessories, announced the launch of Phase 2 for the new
Diamond Blade program. The twenty new blades include general purpose, soft materials, hard materials and 3D pattern blades. Premium
Diamond Blades feature a new bond formulation that increases performance, including faster cutting. The bond is the material that holds the
diamonds. Only premium quality diamonds are used in these blades. The diamonds provide increased durability and extend the blade life.
Blade Types
The Diamond Blade Program includes the following types of blades:
• General Purpose – General purpose blades cut through a variety of materials, including concrete, block, brick, pavers and roof tiles. General
purpose blades are available with all rim types.
• Dual Purpose - Dual purpose blades feature a harder bond for strength and segmented edge. These blades are black in color for easy
identification. The dual-purpose blades are ideal for cutting asphalt and concrete.
• Ultra-Premium – The new ultra-premium plus blade features a 3D pattern diamond design. Each diamond is placed in an even 3-dimensional
pattern for longer life and faster cutting than standard diamond blades.
• Hard Material – Hard material blades are designed for cutting concrete, granite, stone, and fire brick. Constant contact with material delivers a
smoother finish than segmented blades
• Soft Material – Soft material blades are designed for cutting asphalt, green concrete, block and sandstone.

Solution Updates
IT Shades
Engage & Enable
Makita (Japan) introduces new 10,000 lumens 18v x2 lxt cordless-corded
work light
31
Makita U.S.A., Inc., manufacturer of high-quality professional tools and accessories, has launched a new 18V X2 LXT®
Lithium-Ion Cordless/Corded Work Light, Light Only that shines bright. The L.E.D. work light offers battery or corded
operation for optimal versatility to get the job done. With a 6.0Ah 18V LXT Battery, the work light provides up to 8.5 hours of
illumination on low setting and over 1.5 hours on high setting. 3-mode operation delivers 10,000 lumens on high, 4,000 lumens
on medium, and 2,000 on low. The work light features an efficient L.E.D. light, which effectively illuminates a work area
without the high heat of produced from a halogen light. Two batteries can be housed within the work light, but the work light
operates using one battery at a time. The second battery is utilized when it is needed, providing extended run time. Adjustment
knobs enable the user to direct the flood light to the desired angle. It is dust and water-resistant construction (IP65 rated) allows
operation in harsh job site conditions. The work light can be carried with the convenient handle. The work light can be mounted
on an optional tripod light stand (GM00002703, sold separately) individually or with two work lights. Makita® LXT Cordless
System, the world’s largest cordless tool system powered by 18V lithium-ion slide-style batteries, takes a user from power tools
to outdoor power equipment to get the job done. Makita 18V LXT Batteries have the fastest charge times in their categories, so
they spend more time working and less time sitting on the charger.

Solution Updates
IT Shades
Engage & Enable
Makita (Japan) max efficiency accessory line expands with new blades
32
Makita U.S.A., Inc., manufacturer of high-quality professional power tools and accessories, announced the expansion of the Max Efficiency
accessory line with new metal cutting and miter saw blades. The new Max Efficiency blades are engineered to deliver optimal cutting performance
and more cuts per charge when used with a cordless saw. A new tooth design allows for optimal, efficient cutting. The concaved-shaped carbide teeth
and a thinner kerf allows the cut metal to be extracted out more efficiently. The tips also help the blade cut smoother and straighter. When paired with
cordless tools, Max Efficiency Saw Blades provide longer run times and faster cutting. Even with corded tools, Max Efficiency Saw Blades are
engineered for faster cutting. When paired with Makita® Cordless Miter Saw, the 6-1/2" 60T Carbide‑Tipped Max Efficiency Miter Saw Blade is
ideal for framing, remodeling, siding, and decking projects. These blades provide 50% more cuts per charge and 185% faster cutting compared to
standard blades. The B-69842 offers quality crosscuts in a variety material, including hardwoods, 2X lumber, laminated beams, OSB, and crown
molding. The combination of blade and tooth design provides the user with a best-in-class cutting experience. Each Max Efficiency Miter Saw Blade
is expertly tensioned for precision and true cutting and manufactured from high quality hardened steel for added durability. The thin kerf carbide tip
design provides greater efficiency with less drag on the motor and minimal material loss. Specially engineered ATAFR carbide tips assist to reduce
the load put on the tool while cutting and provide smoother and faster cuts and a reduced swing width allows for smoother material removal and
reduced cutting resistance.

Solution Updates
IT Shades
Engage & Enable
Makita (Japan) launches 18v lxt cordless metal hole puncher
33
Makita U.S.A., Inc., manufacturer of high-quality professional power tools and accessories, is proud to introduce the new 18V LXT®
Cordless 5/16” Metal Hole Puncher, Tool Only and Kit. The 18V LXT Cordless Hole Puncher provides hole-punching in under 5
seconds with cordless mobility. The XPP01ZK / T1K is ideal for fabrication, HVAC, plumbing, electrical, mechanical and many more
applications. Use this product to punch holes in structural beams for bolt fastening, holes in metal brackets for material handling
conveyer systems, holes in support brackets for ceiling suspended equipment, and other miscellaneous metal fabrications. The
XPP01ZK / T1K has a maximum metal plate capacity of 5/16” general steel and 15/64” in stainless steel. It can punch up to 180 20mm
diameter holes in 15/64” thick steel with a 5.0Ah 18V LXT Battery. The punch stop mechanism automatically retracts the die once a
punch is complete to quickly continue operation. The ergonomic grip handle rotates 360°, allowing for optimal positioning in a variety
of spaces. It features a rubberized soft pistol grip for increased comfort on the job and a convenient side handle for additional support.
Other features include a return lever to retract the punch mid-operation and an adjustable depth guide to adjust the punch location for
up to 1-37/64” (40mm) from the edge of the workpiece. The XPP01ZK / T1K has all metal gears and gear housing for maximum job
site durability. An on-board 3-stage L.E.D. gauge indicates battery charge level.

Solution Updates
IT Shades
Engage & Enable
Seneca Women and Founding Partner P&G (USA) Launch New Podcast Network
to Amplify Women’s Voices Worldwide
34
Global women’s leadership platform Seneca Women announced the launch of Seneca Women Podcast Network, a new women-led
podcast network and app that will connect and amplify female voices around the globe. Launched with the support of founding partner
The Procter & Gamble Company, this new podcast network will produce original shows while providing a platform for the voices of
established and emerging women leaders as well as organizations making a difference for women and girls. The network’s first podcast
series, which debuted in late 2019, has already featured conversations with luminaries such as former Secretary of State Madeleine
Albright, Diane Von Furstenberg, Tory Burch, and Arianna Huffington. Although women make up nearly 50 percent of podcast
listeners, women’s voices are under-represented in the fast-growing podcast space. With 2020 bringing the centennial of women’s
suffrage in the U.S. and the 25th anniversary of the 4th World Conference on Women in Beijing, the podcast network will be oriented
toward fixing that imbalance. Season One of Seneca Women Conversations on Power and Purpose featured thought-provoking
discussions from Seneca Women Forums at the Metropolitan Museum of Art with leaders including Andrea Jung; CEO of Coca-Cola
James Quincey; Nobel Peace Prize laureate Muhammad Yunus; Chelsea Clinton; and Valerie Jarrett, former adviser to President Barack
Obama, among others.

Solution Updates
IT Shades
Engage & Enable
Rakuten (Japan) and SQREEM Launch Rakuten SQREEM, Inc.
35
Rakuten, Inc. and SQREEM Technologies Pte. Ltd. announced the launch of Rakuten SQREEM, Inc., a new company that provides advertising
companies located in Japan with marketing solutions built on AI-based behavioral pattern analysis. Launched Rakuten SQREEM is a new
company established by Rakuten and SQREEM Technologies Pte. Ltd., the Japan division of SQREEM Technologies, a company that provides
AI-based marketing solutions. The new company will utilize the data provided by the more than 100 million Rakuten members*1 in Japan and
the behavioral pattern analysis data owned by SQREEM to provide marketing solutions enabling media buying for internet advertising and the
precise analysis of consumer behavior. The system will aim to create new value and improve ad performance in the Japanese market by
providing advertisers with a clear picture of increasingly complex consumer behavior. In Singapore and countries throughout Asia, SQREEM
provides marketing solutions that are not dependent on individual consumer attributes by utilizing a behavioral pattern analysis platform that
combines the collection and analysis capabilities of their proprietary AI technology and big data acquisition technology to analyze the massive
and complex consumer behaviors and contexts that cannot be analyzed by human beings using open data. By combining the technology of
SQREEM with the consumer behavior analytical data of the Rakuten Group, the new company launched today will provide digital marketing
solutions that offer a higher level of precision for the Japanese market.

Solution Updates
IT Shades
Engage & Enable
Rakuten (Japan) Integrates Automotive Service Brands as “Rakuten Car”
36
Rakuten, Inc. announced the merger of the automotive service brands it operates. These services were launched under the new
“Rakuten Car” brand. Rakuten Car is a new brand that covers the wide range of automotive-related services provided by the
Rakuten Group designed to meet the needs of car owners, including the purchase and sale of cars, car washing, and vehicle
inspection. By merging these services into one brand, Rakuten aims to make it easier to understand the diverse lineup of
automotive services provided by the Rakuten Group, as well as lay the groundwork for strengthened collaboration between related
services in the future. This brand merger integrates the following five services under the Rakuten Car brand: Rakuten Shaken, a site
for obtaining advance quotes and making bookings for vehicle inspections, Rakuten Car Service, which allows users to make batch
assessment requests for the trade-in of used cars, compare and make reservations for car wash and coating services, and make
reservations for tire mounting services, Rakuten Car Service App, a search app for gas stations where users can collect Rakuten
Points, and Rakuten Car Service Magazine, which provides information on discounts on vehicle maintenance fees. The brand
merger also includes Car Price, an auction service that purchases used cars, operated by the consolidated subsidiary Rakuten Car
Co., Ltd.

Solution Updates
IT Shades
Engage & Enable
Tractor Supply (USA) Company Expands Equine Feed Offering with Triple
Crown® Products
37
Tractor Supply Company, the largest rural lifestyle retailer in the United States, announced the expansion of its horse feed offerings
with the addition of Triple Crown super premium products. Select Triple Crown products will launch in a majority of Tractor
Supply stores and online on January 27. Key feed products that will be available in Tractor Supply stores include Triple Crown
Senior, Complete and Lite, as well as Safe Starch® Fortified Forage. In store, customers can order from an expanded Triple Crown
product list of specialty items. Triple Crown Nutrition, Inc. is committed to using only the highest quality ingredients, key
nutrients, powerful prebiotics and probiotics and digestive enzymes in all horse feeds. Tractor Supply Company, the largest rural
lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for recreational
farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. Tractor Supply offers an extensive mix
of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary
customer service that addresses the needs of the Out Here lifestyle. With nearly 32,000 team members, the Company leverages its
physical store assets with digital capabilities to offer customers the convenience of purchasing products they need anytime,
anywhere and any way they choose at the everyday low prices they deserve.

IT Shades
Engage & Enable
Rewards & Recognition Updates

R & R Updates
IT Shades
Engage & Enable
ADM (USA) Named to FORTUNE Magazine’s Most Admired Company List
for 12th Consecutive Year
38
ADM was named one of the world’s most admired companies in the food production industry by FORTUNE Magazine for
the 12th year in a row. FORTUNE’s “World's Most Admired Companies” list is the definitive report card on corporate
reputation, and is developed by FORTUNE and Korn Ferry. For 2020, the list ranked companies in 52 major industries on
nine criteria — from investment value and quality of management and products, to social responsibility and ability to attract
talent. The ranking was based on a survey of some 3,770 executives, analysts and directors, and included 680 companies in
30 countries. At ADM, they unlock the power of nature to provide access to nutrition worldwide. With industry-advancing
innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, they
give customers an edge in solving the nutritional challenges of today and tomorrow. They’re a global leader in human and
animal nutrition and the world’s premier agricultural origination and processing company. Their breadth, depth, insights,
facilities and logistical expertise give them unparalleled capabilities to meet needs for food, beverages, health and wellness,
and more. From the seed of the idea to the outcome of the solution, they enrich the quality of life the world over.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Asahi Group (Japan) Recognized as Climate Change A List Company, the Highest
Evaluation in Climate Change Survey Conducted by CDP
39
Asahi Group Holdings, Ltd. has been highlighted as a global leader in corporate sustainability by environmental impact
non-profit CDP*, achieving a place on the CDP A List for climate change. Asahi Group recognize this honourable
evaluation are due to our initiatives of greenhouse gas emissions reduction to achieve Asahi Carbon Zero targets, such as
utilization of green power, development of labelless products, demonstration testing for development of new clean energy
models, and utilization of lightweight containers, and of the Group’s use of third-party data verification. As a corporate
group that engages in business activities enjoying gifts from nature, the Asahi Group will contribute to the reduction of CO2
emissions by reducing environmental impacts including water, raw materials. The Group also aims, through innovative
initiatives, to create positive circular environmentally and engage in business activities in such a way as to contribute to the
realization of a sustainable society. *CDP is an international non-profit that drives companies and governments to reduce
their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider
by investors and working with institutional investors with assets of US$87 trillion, CDP leverages investor and buyer power
to motivate companies to disclose and manage their environmental impacts. Over 7,000 companies disclosed environmental
data through CDP in 2019.
R&R Description

R & R Updates
IT Shades
Engage & Enable
British American Tobacco (Tobacco) named on CDP ‘A List’ for leading effort
against climate change
40
British American Tobacco has been commended for its climate action this year, achieving a place on global environmental
impact non-profit organisation CDP's prestigious ‘A List’ for climate change, based on the company’s climate reporting in
2019. BAT was recognised for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy,
based on the data submitted by the company through CDP’s 2019 climate change questionnaire. BAT is one of a small
number of high-performing companies out of thousands that were scored. CDP’s annual environmental disclosure and
scoring process is widely-recognised as the gold standard of corporate environmental transparency. In 2019, over 525
investors with over US$96 trillion in assets, and 125 major purchasers with US$3.6 trillion in procurement spend, requested
companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform – and over 8,400
responded. A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D,
based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of
best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t
disclose or provide insufficient information are marked with an F.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Brown-Forman (USA) Earns Top Marks in 2019 Corporate Equality Index
41
Brown-Forman Corporation received a perfect score of 100 percent on the 2020 Corporate Equality Index, a
national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace
equality. Brown-Forman joins the ranks of 680 major U.S. businesses which also earned top marks this year. This
is the tenth consecutive year Brown-Forman has received a perfect score.
The CEI rates companies on detailed criteria falling under five broad categories:
• Non-discrimination policies
• Employment benefits
• Demonstrated organizational competency and accountability around LGBTQ diversity and inclusion
• Public commitment to LGBTQ equality
• Responsible citizenship
R&R Description

R & R Updates
IT Shades
Engage & Enable
Campbell (USA) named one of the world’s most sustainable corporations
42
Campbell Soup Company has been named to the 16th annual 100 Most Sustainable Corporations in the World list by Corporate
Knights, a media, research and financial products company. Ranked number 93, Campbell is one of 17 U.S. companies, and one of only
two U.S. food companies, included in the Global 100. Companies appearing on the Global 100 list represent the top 1% in the world
based on sustainability performance according to Corporate Knights. The list was announced yesterday at the World Economic Forum
in Davos. The ranking of corporate sustainability performance is based on metrics covering resource, employee and financial
management, along with clean revenue. Corporate Knights analyzed 7,395 companies with more than $1 billion in revenues to create
the list.
Corporate Knights noted the following sustainability achievements:
• Campbell received high marks in the “clean revenue” metric, which accounts for 50% of each company’s score and measures the
percentage of revenues earned from products or services that have environmental or well-defined social benefits. Campbell scored well
because of the variety of Organic and Non-GMO Project Verified products in the portfolio, in addition to plant-based milk offerings.
• Campbell was recognized for the gender diversity of its Board of Directors, with female Directors accounting for 33% of the Board.
• Campbell also scored in the top quartile for innovation capacity due the company’s investment in real food innovation
R&R Description

R & R Updates
IT Shades
Engage & Enable
Campbell soup company (USA) named to 2020 bloomberg gender-equality index
43
Campbell Soup Company has been named to the 2020 Bloomberg Gender-Equality Index which recognizes companies committed to
transparency in disclosing gender-related metrics and investment in workplace gender equality. The third annual index includes 325
companies spanning 50 industries headquartered across 42 countries. Campbell performed well in areas such as Board representation,
employee health care and flexible work arrangements. The GEI tracks the financial performance of public companies committed to
supporting gender equality through policy development, representation and transparency. The reference index measures gender equality
across five pillars: female leadership and talent pipeline; equal pay and gender pay parity; inclusive culture, sexual harassment policies;
and pro-women brand. Campbell scored at or above a global threshold established by Bloomberg to reflect a high level of disclosure
and overall performance across these five pillars. Campbell promotes gender equality at all levels of the organization with initiatives
such as the Women of Campbell, an employee resource group designed to develop and empower women within the organization.
Campbell also partners with the Network of Executive Women to provide employees with professional development and networking
opportunities. Additionally, on-site day care facilities at Campbell’s World Headquarters, competitive parental leave policies, adoption
assistance, flexible work arrangements and job-sharing opportunities provide Campbell employees with support to help them navigate
and excel in their careers.
R&R Description

R & R Updates
IT Shades
Engage & Enable
General Mills (USA) awarded prestigious CDPA List Awards for climate and water
actions for second consecutive year
44
General Mills announced it has been recognized as a global leader in corporate sustainability by environmental impact non-profit CDP achieving
a place on the CDP ‘A List’ for both climate change and water security. General Mills is one of only 10 North American companies to receive a
score of “A” in both Climate Change and Water Security. For the second consecutive year, General Mills was recognized for its actions to cut
emissions, mitigate climate risks, develop the low-carbon economy and sustainable management of water resources based on the data it
submitted through CDP’s 2019 climate change and water security questionnaires. And in 2017, the company was named to CDPs Climate
A-List, Supplier Engagement Leader Board, Supplier Climate A-List. General Mills’ sustainability mission centers on promoting
environmentally and socially responsible practices across the company’s value chain to protect the resources and people upon which the
company’s business depends. To achieve this mission, General Mills is focused on climate change, water stewardship, regenerative agriculture
and sustainable sourcing, thriving ecosystems, and protecting human rights and animal welfare. In 2019, over 525 investors with over US$96
trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental
impacts, risks and opportunities through CDP’s platform and over 8,400 responded. A detailed, independent methodology is then used by CDP
to assess these companies, who receive scores of A to D- for how effectively they are tackling climate change, deforestation and water security,
while those that don’t disclose or provide insufficient information are marked with an F.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Givaudan (Switzerland) scored double ‘A’ by CDP for both climate change and
water security
45
Givaudan is recognised for its leadership in water security by CDP with the highest ‘A’ score. This recognition follows a leadership score for
climate action and places the Company in the double ‘A’ category of best performing businesses in terms of mitigating environmental impact.
The Climate Change and Water Security A Lists are published by CDP each year alongside the A List for leadership on tackling deforestation. A
detailed and independent methodology is used by CDP to assess companies, allocating a score of A to D-based on the comprehensiveness of
disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership,
such as setting ambitious and meaningful targets. CDP is a global non-profit that drives companies and governments to reduce their greenhouse
gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with
institutional investors with assets of USD 96 trillion, they leverage investor and buyer power to motivate companies to disclose and manage their
environmental impacts. Over 8,400 companies with over 50% of global market capitalisation disclosed environmental data through CDP in
2019. This is in addition to the over 920 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of
information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean
Business Coalition. Visit https://cdp.net/en or follow @CDP to find out more.
R&R Description

R & R Updates
IT Shades
Engage & Enable
The home depot (USA) receives "a list" rating from environmental impact leader cdp
46
The Home Depot® has been recognized as a global leader on corporate climate action for its efforts to reduce its environmental impact and build
a more sustainable future for consumers and their homes. CDP, an environmental impact non-profit, named The Home Depot to its Climate
Change "A List" for its actions to cut carbon emissions and mitigate climate risks. Every year, thousands of companies disclose data about their
environmental impacts to CDP for independent assessment and receive scores ranging from A to D- for how effectively they are tackling climate
risks and building toward a future zero-carbon economy. The Home Depot is focused on reducing carbon emissions by continually improving
energy efficiency in its operations and expanding investments in renewable and alternative energy. As a result, the company has reduced
absolute carbon emissions by over 3 million metric tonnes since 2009. This was achieved amid significant growth – from $66 billion in sales in
2008 to $108 billion in 2018. The company also set science-based targets in 2018 to achieve a 40 percent reduction in its carbon emissions by
2030 and a 50 percent reduction by 2035. The company also believes the biggest environmental impact it can make is through the products it
sells to customers. The Home Depot is tracking ahead of stated goals to help customers cut greenhouse gas emissions by 20 million metric
tonnes through 2020. The company offers over 22,000 ENERGY STARS® products in stores and online, and sold more than 231 million units
of these products. This furthers The Home Depot's goal to help customers save $2.8 billion in energy costs.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Ingredion (USA) Named to 2020 Bloomberg Gender-Equality Index
47
Ingredion, a leading global provider of ingredient solutions to diversified industries, announced it is one of 325 companies across 50 industries
included in the 2020 Bloomberg Gender-Equality Index. The GEI highlights companies that have made strong commitments to gender equality
through self-reported internal company statistics, employee policies, external community support and engagement, and gender-conscious
product and service offerings. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and
construction, and retail. The GEI tracks the financial performance of public companies committed to supporting gender equality through policy
development, representation and transparency. The reference index measures gender equality across five pillars: female leadership and talent
pipeline, equal pay and gender pay parity, inclusive culture, sexual harassment policies and pro-women brand. This year, Bloomberg expanded
the eligibility for inclusion in the index to nearly 6,000 companies across 84 countries and regions. Through disclosure of gender-related metrics
using the GEI framework, the firms included in the 2020 GEI have provided a comprehensive look at their investment in workplace gender
equality and the communities in which they operate. Ingredion was included in this year’s index for scoring at or above a global threshold
established by Bloomberg to reflect a high level of disclosure and overall performance across the framework’s five pillars. Both the framework
and the GEI are voluntary and have no associated costs. The GEI is a reference index and is not for use as a financial benchmark.
R&R Description

R & R Updates
IT Shades
Engage & Enable
Ingredion (USA) Named to Fortune Magazine’s 2020 “World's Most Admired” List for
11th Consecutive Year
48
Ingredion Incorporated, a leading global provider of ingredient solutions to diversified industries, was named one of the “World’s Most Admired
Companies” in the food production industry by Fortune magazine for the 11th consecutive year. The Company ranks fourth in the food
production category. The Company’s inclusion on the prominent list for more than a decade demonstrates its longstanding reputation as a
preferred supplier, a purpose and values-driven employer, and a steward of sustainability. For 2020, Fortune’s “World’s Most Admired
Companies” list ranked companies in 56 major industries, across categories that include: employee engagement, product quality, innovation,
financial soundness, long-term investment value and social responsibility. The results are based on surveys with executives, corporate directors
and financial analysts. The full list of the "World's Most Admired Companies" appears in Fortune magazine's February print issue and can be
viewed online. Ingredion Incorporated headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving
customers in more than 120 countries. With annual net sales of nearly $6 billion, the Company turns grains, fruits, vegetables and other
plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With
Ingredion Idea Labs® innovation centres around the world and more than 11,000 employees, the Company co-creates with customers and fulfils
its purpose of bringing together the potential of people, nature and technology to create ingredient solutions that make life better. Visit
ingredion.com for more information and the latest Company news.
R&R Description

I-Bytes Retail & consumer Goods Industry

I-Bytes Retail & consumer Goods Industry

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Similar to I-Bytes Retail & consumer Goods Industry

Similar to I-Bytes Retail & consumer Goods Industry (15)

More from EGBG Services

More from EGBG Services (20)

Recently uploaded

Recently uploaded (8)

I-Bytes Retail & consumer Goods Industry