Neri dos Santos Silva, center, watches an encroaching fire threat after digging trenches to keep the flames from spreading to the farm he works on, in the Nova Santa Helena municipality, in the state of Mato Grosso, Brazil, Friday, Aug. 23, 2019. Under increasing international pressure to contain fires sweeping parts of the Amazon, Brazilian President Jair Bolsonaro on Friday authorized use of the military to battle the massive blazes. (AP Photo/Leo Correa)
NEW YORK (AP) --
A new environmental foundation backed by Leonardo DiCaprio is pledging $5 million in aid to the Amazon, which has been swept by wildfires .
Earth Alliance was created last month by DiCaprio and philanthropists Laurene Powell Jobs and Brian Sheth. On Sunday, it launched the Amazon Forest Fund in an announcement on their website. The alliance is also seeking donations to help repair the Brazilian rainforest, called the "lungs of the planet."
Brazilian federal experts reported a record number of wildfires across the country this year, up 84% over the same period in 2018.
The funds will be distributed to five local groups working to combat the problem: Instituto Associacao Floresta Protegida, Coordination of the Indigenous Organizations of the Brazilian Amazon, Instituto Kabu, Instituto Raoni, and Instituto Socioambiental.
Pepsi soft drinks in plastic bottles are on sale at a grocery store in New York on Weds., Nov. 15, 2023. (AP Photo/Ted Shaffrey, File)
PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.
In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.
Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.
Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to reevaluate policies and programs they adopted with the goal of reducing discrimination against members of minority groups, women and LGBTQ+ people.
Trump ended DEI programs within the federal government and has warned schools to end DEI programs or risk losing federal money.
PepsiCo's rollback came as Coca-Cola reaffirmed support for its DEI efforts.
In its annual report, Atlanta-based Coke warned that its business could be negatively affected if it is unable to attract employees that reflect its broad range of customers.
"Failure to maintain a corporate culture that fosters innovation, collaboration and inclusion โฆ could disrupt our operations and adversely affect our business and our future success," the company said.
Coca-Cola has set a goal of having women in 50% of its senior leadership roles by... Read More
