Comcast announced the issuance of a $1 billion 10-year green bond, offering investors the opportunity to support environmental efforts such as those currently underway or under consideration as part of Comcast’s goal to be carbon neutral by 2035. Proceeds from the green bond may be allocated to five investment areas, all of which contribute to Comcast’s efforts to reduce its carbon footprint, including renewable energy, energy efficiency, green buildings, campuses, communities and cities, clean transportation, and circular economy adapted products, production technologies and processes. Comcast’s Green Financing Framework provides details…
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Comcast Awards More Than $4.3 Million in 2022 To Advance Digital Adoption, Skills Training in Philadelphia
Comcast announced it has awarded more than $4.3 million in grants in 2022 to 30 nonprofit organizations across Philadelphia that support digital adoption and skills training for residents. Each organization offers programming aimed at connecting residents and businesses in Philadelphia to the Internet and building digital skills. The grants were distributed as part of Project UP, Comcast’s 10-year, $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility, and open doors for the next generation of innovators, entrepreneurs, storytellers and…
Read MoreComcast RISE to Award $1 Million in Grants to Small Businesses Owned by Women and People of Color in Cook County
Comcast has announced it will award $10,000 grants to 100 small businesses owned by women and people of color in Cook County through its Comcast RISE Investment Fund. Cook County is one of five locations selected for this new round of the grants program. Other locations include Miami, Oakland, Seattle and Washington D.C. Comcast will award a total of $1 million in grants in Cook County alone – $5 million across the five locations – in this round. This brings the total amount of Comcast RISE Investment Fund grants awarded…
Read MoreComcast and Red Nose Day Partner With CodePath To Build an Inclusive Workforce
Building a diverse and inclusive workforce is a major challenge for the tech industry – according to a study by Deloitte, women make up only about 25% of technology workers, with even fewer Black (9%) and Latinx (7%) workers holding tech jobs. Increasing diversity not only helps tech companies connect with their customers but also fosters creativity, broadens talent pools, grows the company’s bottom line, and helps historically underserved communities build generational wealth through family-sustaining jobs. However, there are a number of obstacles preventing underrepresented talent from accessing opportunities in…
Read MoreComcast Marks Step Toward Carbon Neutral Goal with 250 MW Solar Agreement
Comcast announced an agreement to purchase 250 megawatts (MW) of solar electricity from Constellation that will power approximately 12 percent of its U.S. operations and the vast majority of its Mid-Atlantic operations with clean, renewable energy. The agreement will support construction of the Blue Sky Solar Project, currently being developed by Scout Clean Energy in Illinois, creating local jobs and bringing additional clean electricity to the U.S. power grid. “This marks the first of many major green investments that are already underway or on the immediate horizon which demonstrate our…
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