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Eastman’s longstanding relationship with the University of Tennessee, Knoxville, took a significant forward on Thursday, August 25, with the dedication of an Eastman Innovation Center on the UT campus. Eastman executive team members Steve Crawford and Chris Killian were among those who spoke at the dedication ceremony. Steve and Chris outlined some of the joint research and sustainability focus areas where that could have far-reaching economic and environmental impact. The center expands an existing research relationship, as the university has been a member of the Eastman Innovation Network of higher education partners since 2015. Eastman will maintain a consistent campus presence, with scientists rotating through its Knoxville space to focus on research proposals from UT research teams of faculty and students. UT and Eastman extended a master research agreement that continues the research partnership through 2026. In doing so, Eastman has committed to at least $1 million for funded research.
Eastman has been named on the Forbes list of Best-in-State Employers 2022. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on Aug. 24, 2022. The complete list and methodology is posted here on the Forbes website. America's Best-in-State Employers 2022 were identified in an independent survey based on a vast sample of approximately 70,000 Americans working for companies with more than 500 employees in the USA. Across 25 industry sectors, 1,380 employer brands were ranked among the top employers. Brands were able to win in more than one state. The evaluation was based on direct and indirect recommendations from employees who were asked to rate their willingness to recommend their own employers to friends and family. Employees were also asked to evaluate other employers in their respective industry and state that stood out either positively or negatively.
Eastman was selected as a finalist for Fast Company's 2022 Best Workplaces for Innovators, specifically as honorees on the Standouts for Early Career Workers and Large Company Innovators lists. These lists represent the very best of business—workplaces that encourage innovation at all levels and share a passion for giving employees the freedom to explore creative ideas that benefit their businesses and their communities.
The Société de Chimie Industrielle will award the 2022 International Palladium Medal to Eastman Board Chair and Chief Executive Officer Mark J. Costa for his contributions to the chemical industry and his leadership in enhancing the international aims and objectives of the Société de Chimie Industrielle. He will receive the award at a dinner in his honor on September 12, 2022, at the New York Hilton Midtown. Peter Young and James M. Weatherall, Co-Chairmen of the Société de Chimie Industrielle Award Dinner, commented, "Mark has dedicated his career at Eastman to harnessing the power of innovation and science to solve the world's biggest challenges, most notably in the circular economy. He has applied his exceptional leadership skills to guiding his company through a period of incredible growth while consistently forging constructive relationships with multiple stakeholders and being fully dedicated to the success of the chemical industry and the people around him. This rare combination of leadership qualities is well matched with the objectives of Société de Chimie Industrielle."
Readers of Woman Engineer magazine were recently asked to name the employers, both in the private and public sectors, for whom they would most like to work or that they believe would provide a positive working environment for women. We’re thrilled that Eastman made the list in the number 10 spot as a Top 50 Employer!
Readers of Minority Engineer magazine were recently asked to name the employers, both in the private and public sectors, for whom they would most like to work or that they believe would provide a positive working environment for members of historically underrepresented groups. We’re excited to report that Eastman made the 2022 list as a Top 50 Employer! Eastman was ranked number 39 on the 2022 list, moving up from number 46 in 2021.
Each year, nova-Institute invites producers and inventors of innovative technologies and applications based on biomass, CO2, or advanced recycling to submit their innovation for the Renewable Material of the Year award. The purpose of this award is to further motivate the trend of finding ready-to-use, fossil-free, sustainable material solutions with a low carbon footprint. Eastman molecular recycling technologies was selected as a nominee and won third place for the Renewable Material of the Year 2022 award.
Fast Company named Eastman's molecular recycling technology as an Honorable Mention for its 2022 World Changing Ideas Award in North America. The World Changing Ideas nominees are all projects that show how North American companies are working to make the world a better place. This recognition further inspires us to continue our materials revolution to help address the global plastic waste crisis.
Eastman released its second annual Inclusion & Diversity report. Read it here: In 2022 we are focused on building a more robust racially and ethnically diverse talent pool by increasing investments in diversity sourcing, requiring diverse candidate slates, and strengthening partnerships with universities, racially/ethnically diverse campus organizations and FOSSI. Through a root-cause analysis, we are working to understand better the drivers of internal talent movement and turnover. We want to ensure the strong talent we bring in are retained and growing throughout their careers. We have made gains in our gender representation across the organization over the past year. One area of focus has been increasing the number women who make the transition from individual contributor to manager, and in this area, we’ve had the most progress. We also are seeing strong progression at the most senior levels of the organization. We will continue to emphasize diverse candidate slates for internal and external roles and invest in women’s professional development and career growth.
Eastman has been named a 2022 CIO 100 award winner. For more than 30 years, the CIO 100 awards from CIO magazine have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. The CIO 100 awards specifically honored Eastman for its innovative Fluid Genius, a revolutionary new patent-pending digital product that equips engineers and plant operations managers with predictive insights and recommendations to optimize heat transfer fluid system performance. “This is an incredible honor for our teams,” said Eastman VP and Chief Information Officer Aldo Noseda. “Digital products and services like Fluid Genius are critical to Eastman becoming a leading material innovation company because of the value they provide to our customers and how they differentiate us from competitors. Receiving this CIO 100 award is both humbling and rewarding.”
