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Kimberly-Clark Continues Vital Work to Address Pressing Global Sanitation Crisis

Kimberly-Clark Continues Vital Work to Address Pressing Global Sanitation Crisis
PR Newswire
DALLAS, Nov. 16, 2022

DALLAS, Nov. 16, 2022 /PRNewswire/ — Millions of people around the world lack access to safe sanitation, clean water and essential h…

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Kimberly-Clark Continues Vital Work to Address Pressing Global Sanitation Crisis

PR Newswire

DALLAS, Nov. 16, 2022 /PRNewswire/ -- Millions of people around the world lack access to safe sanitation, clean water and essential hygiene education. This often leads to children dying from preventable diseases, women lacking a safe place to relieve themselves, and women and girls missing work or school because they are unable to effectively manage their periods. 

On World Toilet Day, Kimberly-Clark, the Kimberly-Clark Foundation and their NGO partners continue their grassroots initiatives to address this global sanitation crisis and help protect human health, safety, dignity and overall quality of life.

Worldwide, Kimberly-Clark continues to provide access to safe sanitation and clean water through its Toilets Change Lives program. Through consumer awareness, NGO partnerships with Water For People, WaterAid and Plan International, and on-the-ground activations, the program delivers toilets, sanitation education and health to many of the world's most vulnerable communities. Since its launch eight years ago, the Toilets Change Lives program has impacted more than 7 million users across 15 countries.

"More than 3.6 billion people lack access to safely managed sanitation, which not only negatively impacts their health and the environment, but can also prevent them from reaching their full potential," said Jenny Lewis, Vice President of the Kimberly-Clark Foundation and Chair of the Toilet Board Coalition. "Through the power of our brands and partnerships, we are actively working to address the root cause of this sanitation crisis and help drive systems change in communities around the globe."

Kimberly-Clark's work to address the global sanitation crisis contributes to the company's global ambition and its purpose of Better Care for a Better World. Kimberly-Clark aims to serve unmet societal needs and advance the well-being of 1 billion people by 2030 through innovation and programs that deliver essentials to vulnerable and underserved communities around the globe – with the smallest environmental footprint.

Kimberly-Clark focuses on three strategic areas to help unlock the greatest societal benefit and guide its efforts during the coming decade:

  1. Caring for the health and well-being of people at all stages of life.
  2. Challenging stigmas and championing the progress of women everywhere.
  3. Championing a world where all enjoy access to clean water, sanitation and hygiene. 

Partners Strengthen Communities Worldwide

Through long-term partnerships with WaterAid and Water For People, the Kimberly-Clark Foundation is working to deliver sustainable access to sanitation, positively impacting communities for generations to come.

WaterAid and the Kimberly-Clark Foundation have worked together in Bangladesh since 2017 to improve community toilets and increase dignity for those who use them in Dhaka, Chattogram and Khulna. Over the past five years, this project has transformed public sanitation services through the construction and management of ten inclusive public toilets across these cities, benefiting pedestrians and commuters – particularly those from low-income communities.

"Toilets save lives," said Tim Wainwright, Chief Executive of WaterAid in the UK. "With COP27 just behind us and a year with flooding in Bangladesh and drought in the Horn, it is becoming clearer by the day that investing in sustainable water and sanitation projects is fundamental to safeguarding people already living on the frontline of climate change. Well managed toilets drive health and people's productivity at home, at school and at work – especially for women and girls. We are grateful Kimberly-Clark recognizes this huge importance and that it has been a trusted partner for years to ensure the health of millions." 

Over the next three years, the Kimberly-Clark Foundation and WaterAid plan to construct five new public toilets and oversee the operation and maintenance of 34 existing public toilets in an effort to provide 8,700,000 uses during this period.

In Latin America, the Kimberly-Clark Foundation's partnership with Water For People has resulted in water, sanitation and hygiene (WASH) interventions throughout 20 districts in five countries, including Bolivia, Peru, Nicaragua, Honduras and Guatemala. The programs create greater access to WASH services in communities, households and public institutions, including schools and health clinics.

Water For People's approach to transformative hygiene education, infrastructure work and sanitation initiatives helps reduce the transmission of communicable and preventable diseases like COVID-19 and diarrhea, and these programs have impacted nearly 155,000 people since 2015 in remote areas across Latin America.

"Too many children die each year from preventable waterborne illnesses," said Mark Duey, Co-Chief Executive Officer of Water For People. "Kimberly-Clark's investment in sanitation and hygiene interventions across Latin America means that the critical education and infrastructure needed to keep children and families healthy is happening in the communities where it's most needed."

Toilet Board Coalition Accelerator Helps Scale Sanitation Businesses

In addition to the Toilets Change Lives initiative, Kimberly-Clark and its foundation partnered to help found the Toilet Board Coalition in 2015, a business-led membership organization that accelerates business solutions to the global sanitation crisis. The Coalition facilitates vital partnerships between small- and medium-sized enterprises (SMEs), corporates, NGOs, investors and governments who share a goal of achieving access to sanitation and hygiene for all by 2030 (SDG 6.2). Through its world-renowned Accelerator, the Coalition provides business model design, corporate mentorship and access to investment to Sanitation Economy entrepreneurs serving low-income markets. The Coalition recently announced its new strategy and roadmap to impact 1 billion lives by 2030, scaling its Accelerator graduates from 52 to 1000.

"Kimberly-Clark is one of our founding members and actively engages in corporate mentorship at the Toilet Board Coalition Accelerator, providing capacity-building support to sanitation businesses, collaborating for innovation at scale and with purpose," said Venugopal Gupta, Toilet Board Coalition Managing Director of Acceleration. "As we work to realize our vision of supporting one thousand businesses by 2030, and expand our global coverage to LATAM, we are thrilled to have Kimberly-Clark's leadership."

As part of Kimberly-Clark's partnership with the Coalition, the company supports the organization's Accelerator program, which arms entrepreneurs with capacity-building support to scale sanitation economy businesses. Impacting more than 2.2 million people daily and enabling over $22 million in finance, the Accelerator program develops and promotes the growth and scale of innovative business solutions that address the global sanitation crisis, transform sanitation system economics, and contribute positively to global goals on climate change, human rights, economic growth, public health, food, water and energy security. 

Alma Alejandro, the marketing director for global intimate care brands at Kimberly-Clark, grew up in Mexico and experienced the lack of quality access to reliable and safe sanitation at school firsthand. She has also served as a mentor to sanitation entrepreneurs through the Accelerator program.

"Programs like the Toilet Board Coalition Accelerator spark game-changing innovation, empower both the entrepreneurs and the mentors to leverage their strengths and dream big together, and help strengthen communities around the world – including places like where I grew up," said Alma Alejandro, Marketing Director for Global Intimate Care Brands at Kimberly-Clark. "Ultimately, World Toilet Day is about so much more than just a toilet. Sanitation is a basic human right that no one should ever have to live without."

Officially designated by the United Nations on Nov. 19, 2013, World Toilet Day was created as an annual observance to raise awareness about the global sanitation crisis and inspire efforts to 'make the invisible visible.'

About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries.  Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them.  Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold No. 1 or No. 2 share positions in approximately 80 countries.  We use sustainable practices that support a healthy planet, build strong communities, and ensure our business thrives for decades to come.  To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.

[KMB-S]

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Aging at AACR Annual Meeting 2024

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging…

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BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Credit: Impact Journals

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Impact Journals will be participating as an exhibitor at the American Association for Cancer Research (AACR) Annual Meeting 2024 from April 5-10 at the San Diego Convention Center in San Diego, California. This year, the AACR meeting theme is “Inspiring Science • Fueling Progress • Revolutionizing Care.”

Visit booth #4159 at the AACR Annual Meeting 2024 to connect with members of the Aging team.

About Aging-US:

Aging publishes research papers in all fields of aging research including but not limited, aging from yeast to mammals, cellular senescence, age-related diseases such as cancer and Alzheimer’s diseases and their prevention and treatment, anti-aging strategies and drug development and especially the role of signal transduction pathways such as mTOR in aging and potential approaches to modulate these signaling pathways to extend lifespan. The journal aims to promote treatment of age-related diseases by slowing down aging, validation of anti-aging drugs by treating age-related diseases, prevention of cancer by inhibiting aging. Cancer and COVID-19 are age-related diseases.

Aging is indexed and archived by PubMed/Medline (abbreviated as “Aging (Albany NY)”), PubMed CentralWeb of Science: Science Citation Index Expanded (abbreviated as “Aging‐US” and listed in the Cell Biology and Geriatrics & Gerontology categories), Scopus (abbreviated as “Aging” and listed in the Cell Biology and Aging categories), Biological Abstracts, BIOSIS Previews, EMBASE, META (Chan Zuckerberg Initiative) (2018-2022), and Dimensions (Digital Science).

Please visit our website at www.Aging-US.com​​ and connect with us:

  • Aging X
  • Aging Facebook
  • Aging Instagram
  • Aging YouTube
  • Aging LinkedIn
  • Aging SoundCloud
  • Aging Pinterest
  • Aging Reddit

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.


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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked…

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked by the NY Fed Consumer Survey extended their late 2023 slide, with 3Y inflation expectations in January sliding to a record low 2.4% (from 2.6% in December), even as 1 and 5Y inflation forecasts remained flat, moments ago the NY Fed reported that in February there was a sharp rebound in longer-term inflation expectations, rising to 2.7% from 2.4% at the three-year ahead horizon, and jumping to 2.9% from 2.5% at the five-year ahead horizon, while the 1Y inflation outlook was flat for the 3rd month in a row, stuck at 3.0%. 

The increases in both the three-year ahead and five-year ahead measures were most pronounced for respondents with at most high school degrees (in other words, the "really smart folks" are expecting deflation soon). The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at all horizons, while the median inflation uncertainty—or the uncertainty expressed regarding future inflation outcomes—declined at the one- and three-year ahead horizons and remained unchanged at the five-year ahead horizon.

Going down the survey, we find that the median year-ahead expected price changes increased by 0.1 percentage point to 4.3% for gas; decreased by 1.8 percentage points to 6.8% for the cost of medical care (its lowest reading since September 2020); decreased by 0.1 percentage point to 5.8% for the cost of a college education; and surprisingly decreased by 0.3 percentage point for rent to 6.1% (its lowest reading since December 2020), and remained flat for food at 4.9%.

We find the rent expectations surprising because it is happening just asking rents are rising across the country.

At the same time as consumers erroneously saw sharply lower rents, median home price growth expectations remained unchanged for the fifth consecutive month at 3.0%.

Turning to the labor market, the survey found that the average perceived likelihood of voluntary and involuntary job separations increased, while the perceived likelihood of finding a job (in the event of a job loss) declined. "The mean probability of leaving one’s job voluntarily in the next 12 months also increased, by 1.8 percentage points to 19.5%."

Mean unemployment expectations - or the mean probability that the U.S. unemployment rate will be higher one year from now - decreased by 1.1 percentage points to 36.1%, the lowest reading since February 2022. Additionally, the median one-year-ahead expected earnings growth was unchanged at 2.8%, remaining slightly below its 12-month trailing average of 2.9%.

Turning to household finance, we find the following:

  • The median expected growth in household income remained unchanged at 3.1%. The series has been moving within a narrow range of 2.9% to 3.3% since January 2023, and remains above the February 2020 pre-pandemic level of 2.7%.
  • Median household spending growth expectations increased by 0.2 percentage point to 5.2%. The increase was driven by respondents with a high school degree or less.
  • Median year-ahead expected growth in government debt increased to 9.3% from 8.9%.
  • The mean perceived probability that the average interest rate on saving accounts will be higher in 12 months increased by 0.6 percentage point to 26.1%, remaining below its 12-month trailing average of 30%.
  • Perceptions about households’ current financial situations deteriorated somewhat with fewer respondents reporting being better off than a year ago. Year-ahead expectations also deteriorated marginally with a smaller share of respondents expecting to be better off and a slightly larger share of respondents expecting to be worse off a year from now.
  • The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 1.4 percentage point to 38.9%.
  • At the same time, perceptions and expectations about credit access turned less optimistic: "Perceptions of credit access compared to a year ago deteriorated with a larger share of respondents reporting tighter conditions and a smaller share reporting looser conditions compared to a year ago."

Also, a smaller percentage of consumers, 11.45% vs 12.14% in prior month, expect to not be able to make minimum debt payment over the next three months

Last, and perhaps most humorous, is the now traditional cognitive dissonance one observes with these polls, because at a time when long-term inflation expectations jumped, which clearly suggests that financial conditions will need to be tightened, the number of respondents expecting higher stock prices one year from today jumped to the highest since November 2021... which incidentally is just when the market topped out during the last cycle before suffering a painful bear market.

Tyler Durden Mon, 03/11/2024 - 12:40

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Homes listed for sale in early June sell for $7,700 more

New Zillow research suggests the spring home shopping season may see a second wave this summer if mortgage rates fall
The post Homes listed for sale in…

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  • A Zillow analysis of 2023 home sales finds homes listed in the first two weeks of June sold for 2.3% more. 
  • The best time to list a home for sale is a month later than it was in 2019, likely driven by mortgage rates.
  • The best time to list can be as early as the second half of February in San Francisco, and as late as the first half of July in New York and Philadelphia. 

Spring home sellers looking to maximize their sale price may want to wait it out and list their home for sale in the first half of June. A new Zillow® analysis of 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home.  

The best time to list consistently had been early May in the years leading up to the pandemic. The shift to June suggests mortgage rates are strongly influencing demand on top of the usual seasonality that brings buyers to the market in the spring. This home-shopping season is poised to follow a similar pattern as that in 2023, with the potential for a second wave if the Federal Reserve lowers interest rates midyear or later. 

The 2.3% sale price premium registered last June followed the first spring in more than 15 years with mortgage rates over 6% on a 30-year fixed-rate loan. The high rates put home buyers on the back foot, and as rates continued upward through May, they were still reassessing and less likely to bid boldly. In June, however, rates pulled back a little from 6.79% to 6.67%, which likely presented an opportunity for determined buyers heading into summer. More buyers understood their market position and could afford to transact, boosting competition and sale prices.

The old logic was that sellers could earn a premium by listing in late spring, when search activity hit its peak. Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality. First-time home buyers who are on the edge of qualifying for a home loan may dip in and out of the market, depending on what’s happening with rates. It is almost certain the Federal Reserve will push back any interest-rate cuts to mid-2024 at the earliest. If mortgage rates follow, that could bring another surge of buyers later this year.

Mortgage rates have been impacting affordability and sale prices since they began rising rapidly two years ago. In 2022, sellers nationwide saw the highest sale premium when they listed their home in late March, right before rates barreled past 5% and continued climbing. 

Zillow’s research finds the best time to list can vary widely by metropolitan area. In 2023, it was as early as the second half of February in San Francisco, and as late as the first half of July in New York. Thirty of the top 35 largest metro areas saw for-sale listings command the highest sale prices between May and early July last year. 

Zillow also found a wide range in the sale price premiums associated with homes listed during those peak periods. At the hottest time of the year in San Jose, homes sold for 5.5% more, a $88,000 boost on a typical home. Meanwhile, homes in San Antonio sold for 1.9% more during that same time period.  

 

Metropolitan Area Best Time to List Price Premium Dollar Boost
United States First half of June 2.3% $7,700
New York, NY First half of July 2.4% $15,500
Los Angeles, CA First half of May 4.1% $39,300
Chicago, IL First half of June 2.8% $8,800
Dallas, TX First half of June 2.5% $9,200
Houston, TX Second half of April 2.0% $6,200
Washington, DC Second half of June 2.2% $12,700
Philadelphia, PA First half of July 2.4% $8,200
Miami, FL First half of June 2.3% $12,900
Atlanta, GA Second half of June 2.3% $8,700
Boston, MA Second half of May 3.5% $23,600
Phoenix, AZ First half of June 3.2% $14,700
San Francisco, CA Second half of February 4.2% $50,300
Riverside, CA First half of May 2.7% $15,600
Detroit, MI First half of July 3.3% $7,900
Seattle, WA First half of June 4.3% $31,500
Minneapolis, MN Second half of May 3.7% $13,400
San Diego, CA Second half of April 3.1% $29,600
Tampa, FL Second half of June 2.1% $8,000
Denver, CO Second half of May 2.9% $16,900
Baltimore, MD First half of July 2.2% $8,200
St. Louis, MO First half of June 2.9% $7,000
Orlando, FL First half of June 2.2% $8,700
Charlotte, NC Second half of May 3.0% $11,000
San Antonio, TX First half of June 1.9% $5,400
Portland, OR Second half of April 2.6% $14,300
Sacramento, CA First half of June 3.2% $17,900
Pittsburgh, PA Second half of June 2.3% $4,700
Cincinnati, OH Second half of April 2.7% $7,500
Austin, TX Second half of May 2.8% $12,600
Las Vegas, NV First half of June 3.4% $14,600
Kansas City, MO Second half of May 2.5% $7,300
Columbus, OH Second half of June 3.3% $10,400
Indianapolis, IN First half of July 3.0% $8,100
Cleveland, OH First half of July  3.4% $7,400
San Jose, CA First half of June 5.5% $88,400

 

The post Homes listed for sale in early June sell for $7,700 more appeared first on Zillow Research.

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