Bloomberg L.P. Joins Forces With Leading Global Brands to Support The Earthshot Prize and Help Repair Our Planet This Decade

SOURCE: Bloomberg

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LONDON, September 2, 2021 /3BL Media/ - The Earthshot Prize has announced today that 14 influential global companies and brands – including Bloomberg LP – will come together to support and scale the innovative and ground-breaking solutions developed by the soon-to-be-announced fifteen Earthshot Prize Finalists.

These global companies will make up the first Earthshot Prize Global Alliance Members and include: Arup, Bloomberg L.P., Deloitte, Herbert Smith Freehills, Hitachi, Ingka Group (IKEA), Microsoft, The Multichoice Group, Natura & Co, Safaricom, Salesforce, Unilever, Vodacom and Walmart.

Founded by HRH Prince William in 2020 and inspired by President Kennedy’s ‘Moonshot’, The Earthshot Prize is an ambitious global environmental prize to discover and scale the best solutions to help repair our planet over the next 10 years.​ ​Every year from 2021 until 2030, The Earthshot Prize will find and reward inclusive solutions to the five ‘Earthshot’ goals: Protect and Restore Nature; Clean our Air; Revive our Oceans; Build a Waste-Free World; and Fix our Climate.

Announced later this month, the first fifteen Earthshot Prize Finalists have been selected for their solutions representing a range of innovations, technologies and movements which, if scaled, could transform our ability to combat the world’s greatest environmental challenges. Joining forces with these companies and brands will help the Finalists develop their solutions faster and have the greatest impact as they work to restore our planet.

With the collective power of the Global Alliance Members, the Finalists will have access to resources across numerous professions and sectors including manufacturing, retail, supply chains, legal advice, digital technology, business strategy and government relations. With headquarters in Africa, Asia, Europe, and North and South America, these companies are well-placed to support innovators around the globe.

“Sustainability is fundamental to how business is conducted. Collaboration with the private sector is critical in order to to propel sustainable environmental innovation. These companies can accelerate our progress toward a more sustainable future with their global reach and impact. By leveraging their expertise, size and scale, they can supercharge adoption of solutions created by our Earthshot Prize Finalists and Winners – solutions that will ultimately improve lives around the world and restore our planet,” said Indra Nooyi, The Earthshot Prize Council member and former PepsiCo CEO.

Dr Ngozi Okonjo-Iweala, Member of The Earthshot Prize Council and Director-General of the World Trade Organisation, said: “The capability of this group of businesses to nurture and grow the impact of the Finalists’ extraordinary solutions to environmental challenges should provide optimism and hope to innovators around the world. The world needs more bright ideas to solve our biggest problems and the private sector is helping bring these innovations to more people and regenerate the natural world.”

Jemma Read, Global Head of Corporate Philanthropy, Bloomberg L.P., said: “Companies have a key role to play in fighting climate change, and Bloomberg is committed to helping lead the way through action and innovation. We are excited to build on Bloomberg Philanthropies’ founding support of The Earthshot Prize by offering the skills, talent and global resources of Bloomberg LP to help scale ambitious climate solutions for a better planet.”

Over the past six months, The Earthshot Prize, in collaboration with its network of over 200 Nominators, has searched the world for solutions for the five Earthshot goals. The fifteen Finalists for 2021 will be announced later this month. Of those final fifteen, five will be awarded the inaugural Earthshot Prize, selected by The Earthshot Prize Council, a diverse team of influential individuals, including HRH Prince William, Sir David Attenborough, Dr Ngozi Okonjo-Iweala, Indra Nooyi, Shakira, Christiana Figueres, Luisa Neubauer and Cate Blanchett. Prize Winners will be announced in a globally broadcast awards ceremony on 17 October and each will receive a £1 million grant. In addition all fifteen Finalists will receive tailored support to scale their solutions from networks like the Global Alliance Members to realise an event greater impact with their ground-breaking work.

These new Global Alliance Members will join world-renowned philanthropists and NGOs already part of The Earthshot Prize Global Alliance – an unprecedented network of organisations which share the ambition of the Prize. The Global Alliance Members have been chosen for their ability to help The Earthshot Prize Finalists to scale up their solutions, and for their commitment to responsible business. Each Member will bring their expertise and reach to support the annual cohort of fifteen Earthshot Prize Finalists. Additional companies will be invited to join the Global Alliance as The Earthshot Prize decade of action progresses.

The Earthshot Prize was designed and incubated by The Royal Foundation, an international centre for philanthropy led by The Duke and Duchess of Cambridge. Working in partnership with organisations and individuals around the world, it works to research, develop and scale the most impactful solutions to society’s greatest challenges.

For more about The Earthshot Prize, visit www.earthshotprize.org

Tweet me: 14 of the world’s leading companies and brands, including @Bloomberg, form the Global Alliance to back the most prestigious environment prize in history @earthshotprize https://bit.ly/3jzIZwP

KEYWORDS: Bloomberg, earthshot prize

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