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Toronto Centre Virtual Panel Examines the Financial Stability Implications of Transitioning to a Green Economy

Toronto Centre hosts Mark Carney and Her Excellency Sri Mulyani Indrawati at virtual 2021 Spring Meetings of the International Monetary Fund and the World Bank Group

April 7, 2021, 09:00 A.M. (ET)

TORONTO, April 07, 2021 (GLOBE NEWSWIRE) — Today, Toronto Centre hosted Mark Carney and Her Excellency Sri Mulyani Indrawati in the panel Transitioning to a Green Economy: Financial Stability Implications, held during the 2021 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG).

Moderated by Toronto Centre’s CEO, Babak Abbaszadeh, the panelists explored the financial stability implications of transitioning to a green economy. The panelists examined how, with the right measures, this transition may be one of the greatest opportunities to reshape the global economy, to achieve the Sustainable Development Goals, and to reduce poverty. They also discussed the need for collaboration by governments, policymakers, and the private sector to achieve net-zero greenhouse gas emissions and highlighted the need to make the TCFD recommendations on climate reporting mandatory. Through these discussions, the importance of proper scenario analysis and stress testing to assess firms’ resilience to mitigate a climate crisis was underscored.

Mark Carney, UN Special Envoy on Climate Action and Finance, and Financial Adviser to UK Prime Minister for COP26, stated that, “For COP26, we need to build the framework so that every financial decision takes climate change into account. Central banks and supervisors will have an important role to play in this regard, issuing guidance to financial firms on climate-related reporting and risk management, conducting climate-related stress tests and disclosing the alignment of their own operations with net zero. Toronto Centre’s work and this event is supporting regulators and supervisors as they work to support a smooth transition to net zero in the financial sector.”

H.E. Sri Mulyani Indrawati, Indonesia’s Minister of Finance added that, “This pandemic creates both challenges and opportunities to accelerate transformation towards greener and more sustainable economic development. Multilateral cooperation can facilitate financing and technology transformation needed to break the trade-off, especially for developing countries, between pursuing development goals and climate change actions.”

In his closing remarks, Babak Abbaszadeh thanked the distinguished speakers for their inspiring comments and thought-provoking remarks. He commented, “There are grounds for optimism. Innovation and global cooperation are needed to transition to a green economy. Toronto Centre will be launching a climate stress toolkit for supervisors and regulators during COP26.”

Panelists included:

  • Mark Carney (UN Special Envoy on Climate Action and Finance, and Financial Adviser to UK Prime Minister for COP26)
  • H.E. Sri Mulyani Indrawati (Minister of Finance, Indonesia)



For more information, please contact:

Diana Bird,
Communications and Special Projects Coordinator, Toronto Centre
647.993.3809 | dbird@torontocentre.org

Olympus Announces Global Image of the Year Award Winners

A record number of entries celebrate art and science through microscopy

Regional Winner – Americas – Justin Zoll – US

Americas regional winner Justin Zoll captured a panoramic image of L-glutamine and beta-alanine crystals.

WALTHAM, Mass., April 07, 2021 (GLOBE NEWSWIRE) — Olympus unveiled the winners of their second Global Image of the Year Life Science Light Microscopy Award, an annual competition that recognizes the best in life science imaging. The winning images were selected from a record number of entries—nearly 700 submissions from 61 countries.

Global Winner
Werner Zuschratter from Germany was selected as the global winner for his eye-catching image of a whole rat embryo captured with a confocal microscope. For the grand prize, Zuschratter will receive an Olympus SZX7 stereo microscope with a DP27 digital camera.

Regional Winners
Three regional prizes were awarded to XinPei Zhang (China) for Asia, Justin Zoll (USA) for the Americas and Grigorii Timin (Switzerland) for EMEA. Each regional winner will receive an Olympus CX23 upright microscope.

Regional Winner – Asia Pacific – XinPei Zhang – China

Asia-Pacific regional winner XinPei Zhang imaged scales collected from different butterfly wings.

Honorable Mentions
Honorable mentions include Jan Martinek (Czech Republic), Laurent Formery (France), Matt Inman (Australia), Sayantan Datta (India), Derek Sung (USA), YiXun Su (China), MingShu Zhang (China), Nadia Efimova (USA) and Walter Ferrari (Argentina).

The contest launched on Sept. 15, 2020 with a call for users to submit their best life science microscopy images through Jan. 31, 2021. All entries were evaluated on artistic and visual aspects, scientific impact and microscope proficiency.

From rat embryos to butterfly scales and snakeskin, the Olympus Life Science team was impressed by the diverse collection captured under the microscope this year.

Satoshi Nakamura, Vice President of Scientific Solutions Global Marketing at Olympus Corporation, expressed enthusiasm about the bold, beautiful and often breathtaking images. “Not only did we see a record number of submissions, but the quality and creativity of those images were exceptional,” said Nakamura. “It’s amazing to see the unexpected art people capture with a microscope.”

Regional Winner – EMEA – Grigorii Timin – Switzerland

EMEA regional winner Grigorii Timin imaged collagen fibers and dermal pigment cells of snakeskin.

About the Image of the Year (IOTY) Award
Olympus’ IOTY Award began in 2017 as the Image of the Year European Life Science Light Microscopy Award with the aim to celebrate both the artistic and scientific value of microscopy images. Today, the competition stays true to this mission by encouraging people across the world to look at scientific images in a new way, appreciate their beauty, and share images with others.

To learn more about the award-winning images and the microscope techniques used to capture them, visit Olympus-LifeScience.com/IOTY.

For more information about Olympus Life Science, visit Olympus-LifeScience.com.

About Olympus

Olympus is passionate about creating customer-driven solutions for the medical, life sciences and industrial equipment industries. For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling by helping to detect, prevent and treat disease; furthering scientific research; and ensuring public safety.

Olympus has manufactured microscopes since the company’s founding in 1919. Today, our Life Sciences business is dedicated to meeting and exceeding the evolving needs and expectations of life science professionals through a comprehensive range of clinical research, educational, and high-end research microscopes and microscope systems. For more information, visit Olympus-LifeScience.com.

Olympus and the Olympus logo are trademarks of Olympus Corporation or its subsidiaries.

Photos accompanying this announcement are available at




Media Contact:
Christine Fanelle
+1 610-973-2400

Constellation Brands Partners With Its Flagship Brands to Contribute $1.75 Million to Help Rebuild the Restaurant Industry

Commitment supports National Restaurant Association Educational Foundation’s “Restaurants Advance” Campaign

VICTOR, N.Y., April 06, 2021 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, in partnership with a number of its iconic beer, wine, and spirits brands, announced today a collective commitment of $1.75 million to support the National Restaurant Association Educational Foundation (NRAEF) and the launch of their “Restaurants Advance” campaign. The commitment represents a multi-year collaboration with the NRAEF to rebuild the restaurant industry and create opportunities for restaurant workers from all backgrounds.

According to the NRAEF, the restaurant industry finished 2020 nearly 2.5 million jobs below its pre-COVID-19 levels. Constellation’s collective contribution – which includes support from the Corona brand family, SVEDKA Vodka, and Meiomi – will go to support the NRAEF’s programs dedicated to recruiting employees to help rebuild the restaurant industry’s workforce.

“Many of our retailer partners, particularly local restaurants and their employees, have been significantly impacted by this terrible virus,” said Bill Newlands, Constellation Brands’ president and chief executive officer. “We are proud to partner with the NRAEF and play a role in helping to rebuild the industry, and we believe that starts with the people who serve as its backbone. Our hope is to not only help rebuild the industry’s workforce with talented and diverse individuals to position it for future growth, but also to help bring financial security through enhanced employment opportunities to the thousands who have been impacted financially by the pandemic.”

In March 2020, Constellation and several of its flagship brands contributed more than $1 million to the NRAEF’s Restaurant Employee Relief Fund, which raised more than $21.5 million and helped over 43,000 restaurant workers hit hard financially by the COVID-19 pandemic.

“Constellation Brands stepped up at the onset of the pandemic and helped us provide much-needed assistance for restaurant workers through our Restaurant Employee Relief Fund, and we are thrilled to have their support once more,” said Rob Gifford, president of the NRAEF. “While we have much work to do, this substantial donation will help rebuild the industry and support our work to open new doors of opportunity.”

Working alongside its partner organization, the Multicultural Foodservice & Hospitality Alliance (MFHA), the NRAEF’s “Restaurants Advance” campaign will support recovery efforts by focusing on investing in initiatives to attract talent to the industry, advance career development and increase equity for restaurant workers, and assist in the creation of pathways to small business ownership.

“Our brands and company have a long history of giving back to the communities where we live and work,” said Mike McGrew, Constellation’s chief corporate social responsibility officer. “These restaurants and their employees are vital to not only our business, but to our collective communities across the country. We are committed to doing our part to support them over the long term.”

The NRAEF is the non-profit arm of the National Restaurant Association and has an extensive history of supporting the restaurant, bar, hospitality and foodservice community. NRAEF programs include preparing high-school students for restaurant jobs and careers; offering scholarships to anyone building a future in restaurants; helping the military transition into the industry; providing apprenticeships and building pathways to independence for justice-involved individuals through job skills training and mentoring. For more information about the NRAEF and the “Restaurants Advance” campaign, go to ChooseRestaurants.org/Advance, and follow on Facebook, Twitter, Instagram, and LinkedIn.

At Constellation Brands (NYSE: STZ and STZ.B), our mission is to build brands that people love because we believe sharing a toast, unwinding after a day, celebrating milestones, and helping people connect, are Worth Reaching For. It’s worth our dedication, hard work, and the bold calculated risks we take to deliver more for our consumers, trade partners, shareholders, and communities in which we live and work. It’s what has made us one of the fastest-growing large CPG companies in the U.S. at retail, and it drives our pursuit to deliver what’s next.

Today, we are a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Every day, people reach for our high-end, iconic imported beer brands such as Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra, and Pacifico, and our high-quality premium wine and spirits brands, including the Robert Mondavi brand family, Kim Crawford, Meiomi, The Prisoner brand family, SVEDKA Vodka, Casa Noble Tequila, and High West Whiskey.

But we won’t stop here. Our visionary leadership team and passionate employees from barrel room to boardroom are reaching for the next level, to explore the boundaries of the beverage alcohol industry and beyond. Join us in discovering what’s Worth Reaching For.

To learn more, follow us on Twitter @cbrands and visit www.cbrands.com.

Mike McGrew 773-251-4934 / michael.mcgrew@cbrands.com
Amy Martin 585-678-7141 / amy.martin@cbrands.com
Patty Yahn-Urlaub 585-678-7483 / patty.yahn-urlaub@cbrands.com
Marisa Pepelea 312-741-2316 / marisa.pepelea@cbrands.com

A downloadable PDF copy of this news release can be found here. http://ml.globenewswire.com/Resource/Download/b4110147-be9f-4fd0-a9d5-14a4bfb588d3