New LexisNexis platform delivers secure generative AI tools that fuel efficiency, effectiveness, and reliable results for lawyers
New York, NY – LexisNexis® Legal & Professional, a leading global provider of information and analytics, today announced the launch of Lexis+® AI, a generative AI platform designed to transform legal work. Lexis+ AI is built and trained on the largest repository of accurate and exclusive legal content, leveraging an extensive collection of documents and records to provide customers with trusted, comprehensive legal results with unmatched speed and precision and backed by verifiable, citable authority.
The new Lexis+ AI technology features conversational search, insightful summarization, and intelligent legal drafting capabilities, all supported by state-of-the-art encryption and privacy technology to keep sensitive data secure. Conversational search simplifies the complex and time-consuming legal research journey, providing a search experience for diverse legal questions with citations, facilitating lawyers’ ability to complete research effectively and efficiently. Enhanced summarization provides a custom summary of legal documents to speed up and guide insightful analysis. Generative document drafting guides customers throughout the legal drafting process, generating a first draft of a legal document, and allowing users to change the language and tone from a simple prompt.
“We’re thrilled to bring this transformative technology to customers,” said Mike Walsh, CEO of LexisNexis Legal & Professional. “The Lexis+ AI platform provides first-of-its-kind tools for lawyers to dramatically improve the speed, quality, and effectiveness of their practice and business.”
Customer-driven innovation is core to the company’s research and product development, and LexisNexis is taking a customer-first approach to the generative AI technology journey as well. LexisNexis is teaming up with leading Am Law 50 firms, such as Baker McKenzie, Reed Smith and Foley & Lardner, LLP, as part of its early Commercial Preview Program to tap into their expertise for advice and feedback.
“We are supporting the research and development of generative AI across the industry,” said David Cunningham, Chief Innovation Officer, Reed Smith. “LexisNexis is a key content provider, so their roadmap will be closely watched and will define many firms’ on-ramp to GPT-based research.”
“LexisNexis has been leveraging artificial intelligence technology, including natural language processing and large language models, in its legal solutions for years, and we’ve been using generative AI in our research and development labs for more than a year,” said Jeff Reihl, Chief Technology Officer, LexisNexis Legal & Professional. “As a leader in legal AI and analytics, we are best positioned to serve as firms’ trusted partner in launching professional-grade, legal generative AI tools.”
LexisNexis is responsibly developing legal AI solutions with human oversight. LexisNexis, part of RELX, follows the RELX Responsible AI Principles, considering the real-world impact of its solutions on people and taking action to prevent the creation or reinforcement of unfair bias. The company’s commitment to data security and privacy in the legal industry spans more than 50 years. LexisNexis employs over 2,000 technologists, data scientists, and subject matter experts to develop, test, and validate its solutions and deliver comprehensive, accurate information.
At the same time, LexisNexis has announced its AI Insider program, which is open to all legal professionals. The program is designed to support the legal industry with generative AI education and LexisNexis breaking news on the latest AI developments. Insiders can sign up to be among the first to experience Lexis+ AI. To sign up for the Lexis+® AI Insider program, visit www.lexisnexis.com/ai-insider.
For more information on Lexis+ AI, visit www.lexisnexis.com/ai.
To download a copy of the LexisNexis Generative AI & the Legal Profession report, visit www.lexisnexis.com/ai-report.
About LexisNexis Legal & Professional
LexisNexis® Legal & Professional provides legal, regulatory, and business information and analytics that help customers increase their productivity, improve decision-making, achieve better outcomes, and advance the rule of law around the world. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. LexisNexis Legal & Professional, which serves customers in more than 150 countries with 11,300 employees worldwide, is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers.
About RELX
RELX is a global provider of information-based analytics and decision tools for professional and business customers. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 35,000 people over 40 percent of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalization is approximately £49.5bn, €56.3bn, $61.8bn.
Media Contact
Dana Greenstein
Director of Communications, North America & UK
LexisNexis Legal & Professional
212-448-2163
dana.greenstein@lexisnexis.com
Contact Information
Name: Dana Greenstein
Email: dana.greenstein@lexisnexis.com
Job Title: Director, Corporate Communications
National Advertising Review Board Recommends Molson Coors Discontinue “Light Beer Shouldn’t Taste Like Water” Claim in Two Advertisements
New York, NY – April 11, 2023 – A panel of the National Advertising Review Board (NARB), the appellate body of BBB National Programs, recommended that Molson Coors Beverage Company discontinue the claim that “light beer shouldn’t taste like water. It should taste like beer” in the context of two challenged advertisements promoting Miller Lite.
The advertising at issue, which appeared in two 15-second advertisements, had been challenged by Anheuser-Busch Companies, LLC. Following NAD’s decision (Case No. 7183), Molson Coors appealed NAD’s recommendation that it discontinue the claim that “light beer shouldn’t taste like water. It should taste like beer.”
In agreement with NAD, the NARB panel concluded that in the context in which the claim is used in the challenged ads, the ad slogan is not puffery but is a comparative claim requiring substantiation in the form of a well-conducted consumer taste test.
Further, the NARB panel found that Molson Coors did not provide substantiation for the claim, nor did it provide any consumer research regarding its argument that reasonable consumers would not take away a comparative claim. The NARB panel concluded that, in context, the compare-and-contrast visuals and voiceover placement of the slogan at issue likely communicates a comparative claim to at least a significant minority of reasonable consumers.
The NARB panel recommended that Molson Coors discontinue the claim that “light beer shouldn’t taste like water. It should taste like beer” in the context of two challenged advertisements, but noted that nothing in its decision precludes the advertiser from making claims relating to consumers’ taste preference or other claims pertaining to the taste qualities of its beer or competing beers as long as they are properly substantiated.
Molson Coors stated that it “supports the NAD and NARB self-regulatory process and will comply with the recommendation of the NARB,” although it “continues to disagree that the phrase ‘light beer shouldn’t taste like water. It should taste like beer’ is anything but puffery, even in this context.”
All BBB National Programs case decision summaries can be found in the case decision library. For the full text of NAD, NARB, and CARU decisions, subscribe to the online archive.
About BBB National Programs: BBB National Programs, a non-profit organization, is the home of U.S. independent industry self-regulation, currently operating more than a dozen globally recognized programs that have been helping enhance consumer trust in business for more than 50 years. These programs provide third-party accountability and dispute resolution services that address existing and emerging industry issues, create a fairer playing field for businesses, and a better experience for consumers. BBB National Programs continues to evolve its work and grow its impact by providing business guidance and fostering best practices in arenas such as advertising, child-and-teen-directed marketing, data privacy, dispute resolution, automobile warranty, technology, and emerging areas. To learn more, visit bbbprograms.org.
About the National Advertising Review Board (NARB): The National Advertising Review Board (NARB) is the appellate body for BBB National Programs’ advertising self-regulatory programs. NARB’s panel members include 85 distinguished volunteer professionals from the national advertising industry, agencies, and public members, such as academics and former members of the public sector. NARB serves as a layer of independent industry peer review that helps engender trust and compliance in NAD, CARU, and DSSRC matters.
Contact Information
Name: Abby Hills
Email: press@bbbnp.org
Job Title: Director of Communications
National Advertising Division Finds Certain WhatsApp Express Claims Supported; WhatsApp Appeals NAD Recommendation to Discontinue or Modify Unsupported Claims
National Advertising Division Finds Certain WhatsApp Express Claims Supported; WhatsApp Appeals NAD Recommendation to Discontinue or Modify Unsupported Claims
New York, NY – October 12, 2022 – CTIA represents the U.S. wireless communications industry, including carriers and equipment manufacturers. CITA members, which include AT&T, Verizon, T-Mobile, Nokia, Intel, Qualcomm, Ericsson, and others, challenged WhatsApp claims that appear in a television commercial titled “Doubt Delivered.”
The National Advertising Division (NAD) of BBB National Programs determined that WhatsApp, LLC provided a reasonable basis for express claims for its WhatsApp messaging service analogizing SMS text messages to “open mail” and that WhatsApp did not overstate the vulnerability of SMS text messages compared to end-to-end encrypted messaging.
However, NAD found WhatsApp communicated certain other implied messages that NAD recommended discontinued or modified to better reflect the evidence, including that wireless carriers are careless; that they read user’s personal text messages; and that “Consumers must switch to a specialized app like WhatsApp to protect their messages from pervasive eavesdropping.” WhatsApp will appeal these portions of NAD’s decision.
NAD has long recognized that although humor can be an effective and creative way for advertisers to highlight the differences between their products and those of their competitors, humor and hyperbole do not relieve an advertiser of the obligation to support messages that their advertisements might reasonably convey.
At issue for NAD was whether the challenged commercial conveyed the misleading message that carriers and third parties routinely read private text messages and whether it disparages the practices, care, and ethics of wireless carriers.
Express Claims
NAD considered whether WhatsApp’s analogy between SMS text messages and “open mail” was supported or whether it overstated the vulnerability of SMS text messages to being compromised as compared with end-to-end encrypted messaging. After reviewing the evidence presented by WhatsApp, NAD concluded that it provided a reasonable basis for the advertiser’s “open mail” claims that:
- “Text messages are just like open pieces of mail, they’re all open.”
- “Every text message that individuals send is just as open as opened letters.”
Implied Claims
NAD considered whether the challenged commercial conveyed implied claims that improperly disparaged wireless carriers and that consumers must switch to WhatsApp to protect their messages from pervasive eavesdropping. NAD determined that the challenged commercial conveyed the implied messages that:
- Wireless carriers, routinely and without consequences, read user’s personal text messages; and
- Consumers must switch to a specialized app like WhatsApp to protect their messages from pervasive eavesdropping.
In so finding, NAD noted that “Doubt Delivered” goes beyond merely highlighting the differences between the advertiser’s product and that of its competitors but instead takes aim at the quality of competing messaging services and at the practices of the providers themselves. NAD found that the overarching takeaway of the commercial is one of casual and persistent snooping on the recipient’s mail – a message that comes through despite – and perhaps even because of – the commercial’s use of humor and hyperbole.
Further, NAD concluded that the commercial conveys the disparaging message that wireless carriers are careless with their customer’s communications.
Because the advertiser did not provide a reasonable basis for these implied claims, NAD recommended that they be discontinued or modified to better reflect the evidence.
NAD found that “Doubt Delivered” did not reasonably convey the challenged implied claims that:
- All messages will be read by wireless carriers.
- The content of text messages is collected by wireless carriers for their own purposes.
- Wireless carriers are dishonest.
In its advertiser statement, WhatsApp stated that it “respectfully disagrees with NAD’s conclusions with respect to certain of the alleged implied claims and will appeal those portions of NAD’s decision.”
Appeals of NAD decisions are made to BBB National Programs’ National Advertising Review Board (NARB), the appellate-level truth-in-advertising body of BBB National Programs.
All BBB National Programs case decision summaries can be found in the case decision library. For the full text of NAD, NARB, and CARU decisions, subscribe to the online archive.
About BBB National Programs: BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard. The non-profit organization creates a fairer playing field for businesses and a better experience for consumers through the development and delivery of effective third-party accountability and dispute resolution programs. Embracing its role as an independent organization since the restructuring of the Council of Better Business Bureaus in June 2019, BBB National Programs today oversees more than a dozen leading national industry self-regulation programs, and continues to evolve its work and grow its impact by providing business guidance and fostering best practices in arenas such as advertising, child-directed marketing, and privacy. To learn more, visit bbbprograms.org.
About the National Advertising Division: The National Advertising Division (NAD) of BBB National Programs provides independent self-regulation and dispute resolution services, guiding the truthfulness of advertising across the U.S. NAD reviews national advertising in all media and its decisions set consistent standards for advertising truth and accuracy, delivering meaningful protection to consumers and leveling the playing field for business.
Contact Information
Name: Abby Hills
Email: press@bbbnp.org
Job Title: Director of Communications
Edvisors® Releases 2023–2024 FAFSA Guide and Other Resources
LAS VEGAS, NV (Oct. 11, 2022)—Edvisors is releasing its FAFSA resources for the 2023-2024 academic year to guide students and families through the 2023-2024 FAFSA. Edvisors informational FAFSA resources have been used by thousands of students each year, and this year we are excited to bring back the downloadable version of the Edvisors’ 2023-2024 FAFSA Guide, and a new FAFSA video walkthrough to help students and their families.
“Millions of families look to complete the application every year, and each year we strive to provide the resources they need to get through the application process,” explains Elaine Rubin, Director of Corporate Communications at Edvisors. “We heard from our site visitors that they missed the downloadable format of the guide. We are thrilled to bring back this trusted resource to help students.”
Inside the 2023-2024 FAFSA Guide, students can find information regarding:
- FAFSA deadlines
- Reporting demographic information
- Determining your FAFSA Parent
- Reporting income and assets
- Dependency status, and
- How to submit the form
In addition to the downloadable guide, students can use additional Edvisor resources to help them through the application that include:
- Articles and blogs discussing the FAFSA and explaining common areas of confusion
- A FAFSA video walkthrough of the application
- Tips and Advice, and
- Frequently asked questions
You can find our downloadable Edvisors’ 2023-2024 FAFSA Guide and a link to the FAFSA video walkthrough at https://www.edvisors.com/student-loans/fafsa/fafsa-guide/.
For all other Edvisors’ FAFSA resources, please go to https://www.edvisors.com/student-loans/fafsa/
About Edvisors: For 20 years we have been known as one of the largest and most trusted resources to help students find their path to success. Everyone needs to find their own path, and we know that first-hand. We work to provide information from both our professional and personal experiences, to help individuals through college and beyond. Every year, millions of students and their families turn to the company’s flagship site, Edvisors.com, for timely, accurate information, advice and tools that help them confidently make the best decisions about paying for college. Additionally, Edvisors owns ScholarshipPoints.com, where students earn points to enter scholarship drawings (the site has awarded over $1 million to date); PrivateStudentLoans.com, which helps borrowers find private loan solutions during school and in the refinancing stage. Founded in 1998, Edvisors is based in Las Vegas, Nevada. More information can be found at www.edvisors.com.
Contact Information
Name: Elaine Rubin
Email: press@edvisors.com
Job Title: Director of Corporate Communications
BBB National Programs’ Statement on Executive Order to Implement the European Union-U.S. Data Privacy Framework
McLean, VA – October 07, 2022 – Dona Fraser, BBB National Programs’ Senior Vice President, Privacy Initiatives, issued the following statement today on the Biden Administration’s Executive Order to implement U.S. commitments under the European Union-U.S. Data Privacy Framework (EU-US DPF):
“At BBB National Programs, we commend the White House, the U.S. Department of Commerce, and their counterparts in the European Commission for lifting the cloud of uncertainty that has been hanging over Privacy Shield for more than two years. As the longest-running Independent Recourse Mechanism (IRM) provider, the first recognized under Privacy Shield, trusted for more than 20 years by businesses of all sizes, we view this formal commitment to the EU-U.S. Data Privacy Framework as a huge milestone for the seven trillion-dollar transatlantic economy.
For the more than 5,000 Privacy Shield businesses that recognize the value of accountability and rely on the Privacy Shield Framework for the transfer of personal data from the EU to the U.S., the specifics outlined in this Executive Order do present questions.
We want those businesses to know that BBB National Programs and our Global Privacy Division continue to operate BBB EU Privacy Shield, our first-class IRM that assists our participating businesses in meeting their obligations while continuing to provide independent and free redress for EU data subjects with privacy complaints.
We are also ready to ensure that businesses that have opted to remain self-certified to Privacy Shield – demonstrating their dedication to compliance, business continuity, and consumer recourse – will experience a smooth transition to the EU-U.S. Data Privacy Framework Principles. In addition, we welcome those businesses who have chosen to pause their Privacy Shield self-certification back into our program.
Read the White House Executive Order and fact sheet. Learn more about the BBB National Programs Global Privacy Division here.
About BBB National Programs: BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard. The non-profit organization creates a fairer playing field for businesses and a better experience for consumers through the development and delivery of effective third-party accountability and dispute resolution programs. BBB National Programs oversees more than a dozen leading national industry self-regulation programs, and continues to evolve its work and grow its impact by providing business guidance and fostering best practices in arenas such as advertising, child-directed marketing, dispute resolution, automobile warranty, privacy, and emerging areas. To learn more, visit bbbprograms.org.
About BBB National Programs Global Privacy Division: BBB National Programs Global Privacy Division helps businesses show their partners and customers that they put privacy first, no matter where they operate. Our programs serve as key elements of the Cross-Border Privacy Rules and Privacy Shield frameworks, bridging gaps between divergent privacy and data protection regimes. By embracing our independent accountability mechanisms, participating businesses strengthen standards for data privacy and enhance consumer trust in the digital marketplace.
Contact Information
Name: Abby Hills
Email: press@bbbnp.org
Job Title: Director of Communications
Direct Selling Self-Regulatory Council Refers Fifth Avenue Collection Earnings Claims to the Federal Trade Commission for Possible Enforcement Action
McLean, VA – October 5, 2022 – The Direct Selling Self-Regulatory Council (DSSRC) of BBB National Programs referred certain Fifth Avenue Collection, Inc. earnings claims to the Federal Trade Commission (FTC) for possible enforcement action after the multi-level direct selling company selling jewelry products failed to respond to DSSRC’s inquiry.
At issue in DSSRC’s inquiry are earnings claims disseminated by salesforce members on social media implying that participating in the company’s business opportunity will result in earning significant, career-level income.
The earnings claims in question were brought to the company’s attention by DSSRC as part of its ongoing independent monitoring of the direct selling marketplace. The Fifth Avenue Collection earnings claims in question include, but are not limited to:
- Need extra
; Need a first income?; Need a second income?” - “Whether you want a little extra mad money
or a full-time income, the opportunities are endless!” - “What would you do with an extra $200, $600, or $800/month? Or even more!
Ask me how you can earn a great income with Fifth Avenue Collection
” - “This past year I have tripled my income working this business from home…so has my Team…Some gals work a full-time job and do this as a side hustle…What would you do with an extra $500 or more a month?”
- “My husband and I were 3 months married working full time jobs. We were looking for a tax advantage and to make extra income. Along came Fifth Avenue – Beautiful Jewellery! The jewellery sold itself and in the first year of the business I tripled my full time income. 29 years later still loving what I do and make an average $100.00 an hour.”
- “What would you do with an extra $500/month?”
- “How about easing the stress of how to pay the bills, financial freedom, save for a vacation, just less stress?… and you start earning $$$ right away! It’s easy, fun & and instantly profitable!”
- “Being a Fifth Avenue Collection Jewelry Stylist allows me to have financial freedom whilst having fun and meeting new people all at once. You could have the same opportunities with a small investment of only $55! #financialfreedom”
- “What would you do with an extra $500 a month!? ‘Everyday is Payday’ at Fifth Avenue Collection! We have an amazing business opportunity for only $75 and your start earning $$$ right away!”
- “Everyday is payday with Fifth Avenue Collection! What would you do with an extra $500 a month?! Start now for only $75!”
- “I LOVE the freedom to increase my earnings, there is no ceiling!”
- “Could you use $500 a month? This is for yourself or know someone trying to make ends meet or someone looking to make extra
send them my way! 
” - “Fifth Avenue Collection jewelry has changed my life so much over the past 13 years. Before Fifth Avenue, I was a shy girl who worked a lonely full-time job. That has totally changed with the help of Fifth Avenue’s mandate of “people helping people”. With a much higher income than before, working only part time hours that I set, I have time to spend with family and friends, especially my grandbabies. #fulltime #partime #youdecide”
- “Save for a vacation, pay for your children’s activities, cover bills & other expenses, your Plan B !?! the possibilities are endless! If you know someone trying to make ends meet or someone looking to make extra send them my way! ”
- “an income that covers as many bills as I need”
DSSRC expressed its concern that such earnings claims convey the message that participants in the company’s business opportunity can generally expect to earn significant and career-level income.
The company was first sent a Notice of Inquiry from DSSRC in June 2022, to which the company did not respond. After several additional attempts to contact various individuals at the company, the company failed to respond to DSSRC’s inquiry and provide substantiation for the claims.
In accordance with DSSRC’s Policies and Procedures, if a company does not respond to DSSRC or declines to participate, DSSRC will issue a case decision indicating the company was unresponsive or declined to participate in the DSSRC process and refer the matter to the appropriate government agency. Moreover, according to section (V)(B) of the DSSRC Policies and Procedures, if the subject company fails to submit a responsive statement, DSSRC may refer the matter to an appropriate government agency for review and possible law enforcement action. Accordingly, based upon the company’s failure to respond to DSSRC in the self-regulatory process, DSSRC referred this matter to the FTC.
All BBB National Programs case decision summaries can be found in the case decision library. For the full text of DSSRC decisions, visit the DSSRC Cases and Closures webpage.
About BBB National Programs: BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard. The non-profit organization creates a fairer playing field for businesses and a better experience for consumers through the development and delivery of effective third-party accountability and dispute resolution programs. Embracing its role as an independent organization since the restructuring of the Council of Better Business Bureaus in June 2019, BBB National Programs today oversees more than a dozen leading national industry self-regulation programs, and continues to evolve its work and grow its impact by providing business guidance and fostering best practices in arenas such as advertising, child-directed marketing, and privacy. To learn more, visit bbbprograms.org.
About the Direct Selling Self-Regulatory Council: The Direct Selling Self-Regulatory Council (DSSRC), a division of BBB National Programs, provides independent, impartial monitoring, dispute resolution, and enforcement of false product claims and income representations made by direct selling companies and their salesforce members across digital platforms. The DSSRC seeks to establish high standards of integrity and business ethics for all direct selling companies in the marketplace.
Contact Information
Name: Abby Hills
Email: press@bbbnp.org
Job Title: Director of Communications
BEEAH Group and Green Planet join forces in landmark 10-year contract to advance sustainable waste management in Egypt’s Sharm el-Sheikh
Driving Egypt’s sustainability agenda in the key area of waste management, BEEAH Group, the Middle East’s sustainability pioneer, and Green Planet, Egypt’s emerging environmental services company, have formed a partnership to deliver a landmark ten-year contract in Sharm el-Sheikh. The development comes ahead of Cop27, which will be held in the city between November 6 and 18, 2022. In the presence of His Excellency Dr. Mostafa Madbouly, Prime Minister of Egypt, Khaled Al Huraimel, Group CEO of BEEAH Group, and Dr. Mohamed Asaad, Chairman of the Board of Directors of Green Planet, signed the contract with the Governorate of South Sinai. The contract was formalised by Their Excellencies Dr. Mohamed Maait, Egypt’s Minister of Finance, Dr. Yasmine Fouad, Egypt’s Minister of Environment, Major General Hisham Amna, Egypt’s Minister of Local Development, and Major General Khaled Fouda, Governor of South Sinai in Egypt. Delegations from the UAE Embassy in Cairo, Sharjah Municipality, and BEEAH Group were also present on the occasion.
In preparation for Cop27 and over the next decade, BEEAH Group and Green Planet will implement future-ready waste management strategies that align with Egypt’s sustainability agenda, such as deploying world-class waste management infrastructure, streamlined waste collection solutions and recycling services. Bringing together a network of RFID-tagged bins, a GPS-enabled fleet and a skilled workforce, BEEAH Group and Green Planet aim to set a new standard for operational efficiency while meeting waste management demand. The contract will be served across the city, including in and around the Sharm el-Sheikh International Convention Centre, where Cop27 is to be held, and tourist hotspots in desert and beach areas.
Commenting on the development, Al Huraimel said: “Alongside Green Planet, BEEAH is pleased to serve the city of Sharm el-Sheikh. Through our solutions and services, we aim to keep the city clean, preserve the environment and pioneer a sustainable quality of life for residents and visitors. With Cop27 approaching, it is the ideal time to support Egypt as it solidifies its initiatives under the Vision 2030 agenda. Today, we will begin by deploying world-class infrastructure and services to streamline waste management. Over the next decade, in partnership with Green Planet, our goal is to scale up services, build on zero-waste to landfill strategies, and help shape Sharm El-Sheikh into a sustainable, smart city of the future.”
BEEAH and Green Planet will also carry out on-ground activities to foster a culture of recycling and proper waste disposal among communities, which will also drive utilisation of the waste management services and infrastructure that will be provided to Sharm El-Sheikh.
Dr. Mohamed Asaad, Chairman of the Board of Directors of Green Planet, said: “We are optimistic about the future and look forward to working with the South Sinai Governorate and environmental affairs institutions to enhance waste management infrastructure in Sharm El Sheikh, which will help maintain its position as a leading tourist destination.
In collaboration with BEEAH Group, we will also launch an awareness campaign that aims to educate the city’s residents about the importance of preserving marine and desert environments, as well as natural resources. The climate crisis has made it clear that we must unite efforts on a global scale, with each one of us having a role to play in mitigating the negative effects. Through ongoing collaboration between government, environmental institutions, and society, we believe we can drive real impact in securing a sustainable future for all.”
Recycling of used cooking oil is one of the specialised waste collection services that BEEAH Group and Green Planet will offer. This will help minimise the burden on public plumbing infrastructure that arises from used cooking oil disposal through pipes and drains, while also enabling the production of alternative green fuels. As per the contract, BEEAH Group and Green Planet will deploy used cooking oil deposit machines in strategic locations throughout the city. Then, thousands of special used cooking oil collection bottles will be distributed among residents. Once a bottle is full, individuals can deposit it into the used cooking oil machine. As soon as a deposit is made, the machine will dispense an empty collection bottle, encouraging users to continue collecting and recycling used cooking oil.
The contract with Sharm el-Sheikh is the BEEAH Group’s second in Egypt. In 2020, BEEAH Group signed the Middle East’s largest waste management contract with the New Administrative Capital, one of the largest urban development projects in the world, which targets an ambitious landfill waste diversion rate of 80%. The new contract adds to BEEAH Group’s efforts to consolidate its position in Egypt and across the region, following its success in the UAE as a sustainability pioneer.
Driven by Egypt’s Vision 2030 and Vision 2050, Green Planet was founded specifically to develop the solid waste treatment business in Greater Cairo and pursue innovations in waste processing and production of low-emission alternative fuels. Currently, it is exploring innovations in processing municipal solid waste and hazardous waste such as electronic waste.
Contact Information
Name: Mohamed Salim Allawi
Email: mallawy@beeahgroup.com
Job Title: Media Relations Specialist
From Great Resignation to Great Re-Evaluation: New Research Shows Global CHROs Continue to Grapple with Talent Retention
Executive Networks releases “Global CHRO of the Future” research at HR Tech
New York, NY (Sept. 13, 2022) – What’s priority number one for Chief Human Resources Officers (CHROs)? According to Executive Networks’ “Global CHRO of the Future,” a research report sponsored by XpertHR, it’s keeping employees satisfied through the “Great Re-Evaluation.” The research explores the challenges CHROs are grappling with in the workplace—including how, where and why we work—and the technology and structural solutions they are implementing in response.
“The Global CHRO of the Future research provides valuable context into the increasing complexity, mounting tensions, and very real challenges of CHROs in today’s tumultuous business climate,” says Laci Loew, Senior Global Analyst, HR Strategy and Insights, XpertHR. “We’re proud to sponsor this seminal research which defines actionable insights for senior HR leaders seeking to build and sustain a purposeful workplace and a successful workforce.”
According to the research, three-quarters of CHROs indicated that talent retention and attraction are their key priorities and HR leaders are struggling to stem the tide of resignations. Other strategic areas of concern and opportunity for senior HR leaders include environmental/social/governance (ESG), future of work issues, internal talent mobility, work-life balance, diversity/equity/inclusion (DE&I), employee well-being, and leadership development.“The past two years have changed the way we work in profound ways, and HR leaders are under pressure to help their organizations re-think what will make employees want to stay,” said Jeanne Meister, Executive Vice President, Executive Networks. “In many cases, it comes down to meeting employee priorities and purpose.”
Insights from the research report will be explored during a panel discussion, “How CHROs Are Preparing for the New World of Work,” at the HR Technology Conference & Exposition on Wed. Sept. 14. Jeanne Meister, Executive Vice President at Executive Networks, will moderate. After the session, Meister will field questions and delve deeper into research results at the XpertHR booth on the HR Tech tradeshow Expo Hall (#6516), beginning at 3 p.m. PT.
About the Survey
Executive Networks completed primary research with 112 Chief Human Resource Officers from Global 1000 organizations representing 4 million employees through a 40-question survey as well as 10 one-on-one interviews with global CHROs. The research was sponsored by a consortium of companies including meQuilibrium, Task Human, University of Phoenix, and XpertHR. The report can be found here.
About Executive Networks
Executive Networks is a senior peer community for global 1000 human resources leaders, connecting HR peers to each other and providing valuable insights, allowing them to meet new challenges head on. Through exclusive access to unique events, learning programs, tools, research, solutions and support, members bring shared knowledge back into their own organizations, sparking deeper growth and innovation to achieve strategic priorities. Learn more at https://www.executivenetworks.com/.
About XpertHR®
Global leader XpertHR empowers organizations to shape HR strategy, manage employee risk and embrace diverse talent ecosystems to create equitable, high-performing and purposeful workplaces. Since 2002, the data analytics and intelligent solutions provider has earned a reputation for providing expert insights, trusted resources and practical tools to help customers achieve greater efficiency, improve compliance and increase employee engagement. XpertHR is proud to be part of the LexisNexis® Risk Solutions portfolio within RELX, a global provider of information-based analytics and decision tools for professional and business customers. To learn more visit xperthr.com.
Media Contact
Lauren Doyle
ldoyle@wordsworthweb.com
Communication Specialist
937.241.8378
Urban Story Ventures’ Leasing Plays Major Role in Chattanooga’s Strong Commercial Real Estate Market
CHATTANOOGA, Tenn. (August 23, 2022) – Urban Story Ventures (USV) continues to overcome national market odds with laser focus on Chattanooga’s commercial real estate needs. While the majority of the country’s commercial real estate market suffered from pandemic challenges, Chattanooga emerged as an exception, among cities like Miami, Austin, and Boise. With Chattanooga ranking as a top 10 commercial office market in 2021 and vacancy rates consistently hovering at 4%, demand is high. In response, USV is working to address the community’s current and future real estate needs.
Over the last 18 months, USV has experienced record-high lease transactions. Together, JP Evans and Megan Freeman worked in-house to lease over 270,000 square feet of space for more than 55 commercial tenants in the Chattanooga market. Spaces ranged from 140 square feet to over 28,000. Despite pandemic challenges, JP Evans, director of leasing for USV, leased nearly all of the remaining vacant offices in the 477,000-square-foot Midtown Office Park, leading USV to a 95% office park occupancy rate. This success helped position the sale of the single-level office park buildings to Greenleaf Capital earlier this year. USV has helped recruit major high-profile state and federal tenants to its properties. In fact, the City of Chattanooga has relocated a number of offices to the Midtown Office Park and occupies over 20,000 square feet.
CapStar Bank is one of USV’s newest tenants to choose Chattanooga for its next venture, as the city continues to be a hot spot for company expansions. Based in Nashville, CapStar’s more than 20 locations stretch from Middle Tennessee to Knoxville. CapStar is moving into the James Building downtown.
“Chattanooga’s demographically-diverse and innovative focus is a strategic fit for CapStar’s mission of investing in local markets, developing core banking relationships, and delivering a differentiated service experience,” said Brian Paris, CapStar’s Chattanooga market president. “We believe our investment in top talent, in addition to our forthcoming marque location, will position us to capitalize on the tremendous opportunity in Chattanooga.”
Lipman Brothers is another new tenant on USV’s roster. Founded in 1939, the wine and spirits distributor services 74 of Tennessee’s 95 counties and recently leased over 7,000 square feet of space at the Midtown Office Park.
“This move will increase the time we are able to service Chattanooga,” said Tony Giannasi, southeast regional manager for Lipman. “With recent acquisitions of Ranch Water, North Berkeley Imports, and Athletic Brewing Co, we are primed for the next chapter of growth.”
Lipman holds Tennessee Permit No. 1 for the distribution of beverage alcohol and employs more than 400 persons throughout the state.
USV is looking to develop more space to accommodate the increasing demand.
“Right now, there aren’t enough places to put everyone. We have a lot of interest, and our Chattanooga portfolio is almost at full capacity,” said Evans.
One prime example is 1111 West Main. USV is already recruiting and signing new tenants for the mixed-use building, which will be the first of many 10-plus story buildings at the Bend. The Bend, a 120-acre adaptive reuse development along the Tennessee River, will address needs from commercial to retail to residential. Jimmy White, the company’s president and general partner, says the tenant recruitment approach is two-fold.
“We have great existing community demand, and we’re also working with state and regional partners to welcome company expansions and headquarter relocations for businesses that see the glistening benefits of operating here. With economic incentives, no state income tax, and a city leading the way in outdoor recreation, tech, and transportation and logistics, Chattanooga is one of the most attractive cities to set up shop in America.”
To date, hundreds of millions of dollars have already been invested at the Bend, including millions of USV’s direct investments, and the site is home to more than 800 jobs after housing just three jobs a few years ago.
“By the project’s completion, we anticipate having 7.3 million new square feet of space, supporting over 17,000 jobs, and seeing more than $4 billion invested at the Bend and in our community,” said White.
About Urban Story Ventures
Urban Story Ventures is a Southeast commercial real estate development group based in Chattanooga, Tennessee. Led by Jimmy White, the company’s portfolio focuses on mixed-use, office, industrial, and retail sites, reimagined for their highest and best use. Projects from Tennessee to Florida include iconic and historical landmark buildings as well as 100+ acre redevelopments like the Bend. Full-service capabilities include property management, billing, leasing, security, landscaping, and maintenance. For more information, visit urbanstoryventures.com.
Contact Information
Name: Megan Bissonette
Email: megan.bissonette@urbanstoryventures.com
Job Title: Director of Marketing and Communications
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Name: Minke Kooman
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Job Title: Marketing Manager Benelux