ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Entergy Provides Laptops to Students in Need

By: 3BL Media

SOURCE: Entergy Corporation

DESCRIPTION:

Entergy has donated more than 460 refurbished laptops this summer to school districts in our service territory so students have the technology they need when they return to school this fall. 

The donated Lenovo ThinkPad laptops are valued at approximately $250 each – a total value of nearly $117,000. The devices were divided among school districts in low-income areas:

  • Texas – Port Arthur and Conroe independent school districts
  • Mississippi – Coahoma County School District
  • Louisiana – St. John the Baptist and Tangipahoa parish school systems
  • Arkansas – Lee County School District

In addition, the Orleans Parish School Board earlier received a cash donation from Entergy to purchase Chromebooks and mobile hotspots for students in need. 

These donations are part of Entergy’s efforts to address racial equity across its service area by addressing the digital divide – the gap between those with sufficient knowledge of and access to technology and those without. 

The Take on Race initiative was created by Procter and Gamble. Entergy is one of several Fortune 500 companies participating in the effort, which aims to place 1 million connected devices into the hands of minority students.  

Security of our data and the grid is of paramount importance to Entergy, so company computers are replaced after five years, even though most can last up to eight or more years. 

“The refurbished devices we donate still have significant value. With improved educational opportunities a key focus of our corporate philanthropic efforts, we wanted to get these laptops into the hands of students who could benefit from them the most,” said Patty Riddlebarger, Entergy’s vice president of corporate social responsibility.

How it worked
Entergy IT employees identified laptop computers that were candidates for redeployment. A vendor refurbished the devices, removing all proprietary and licensed software owned by Entergy. IT employees from Entergy then volunteered time to re-install the Microsoft’s Windows operating system on each device and pack the laptops for shipping to the identified school districts. The school districts will load their own curriculum and software on the devices before distributing to students.  

About Entergy’s Corporate Social Responsibility
For more than 100 years, Entergy has powered life in our communities through strategic philanthropy, volunteerism and advocacy. Entergy’s corporate social responsibility initiatives help create and sustain thriving communities, position the company for sustainable growth and are aligned with the United Nations Sustainable Development Goals. Our top CSR priorities are education/workforce development, poverty solutions/social services and environmental programs. Entergy annually contributes $16-$18 million in shareholder-funded grants to approximately 2,000 nonprofit organizations in the communities where we operate. In addition, our employees volunteer approximately 100,000 hours annually in our communities valued at more than $3 million.

Tweet me: In their efforts to address racial equity across its service area by addressing the digital divide, @Entergy has donated laptops to students in need. https://bit.ly/3A6g6xE

KEYWORDS: NYSE: ETR, Entergy Corporation, digital equity

 

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.