ETFOptimize | High-performance ETF-based Investment Strategies

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


ETFOptimize | HOME
Close Window

Paramount Social Responsibility – Community Partner Spotlight: Second Chance Toys

NORTHAMPTON, MA / ACCESSWIRE / August 1, 2023 / Paramount

This Paramount Community Day 2023 marks the 10th anniversary of the partnership between Paramount and Second Chance Toys. Second Chance Toys (SCT) is a 501(c)(3) nonprofit organization established in 2006 working to protect the world's two greatest assets: our children and the environment. SCT operations focus on matching donated gently-used toys across the United States with partnering recipient organizations that serve children and families in need. Since the inception, SCT has recirculated over 425,000 good-as-new toys, therefore diverting 1.7 million pounds of plastic from landfills, and serving millions of children along the way with each round of shared play.

Since the beginning of our collaborations, the Paramount community has given immense support behind the scenes as well as on the front lines, where they have saved thousands of toys from landfills and kept them in circulation and where they belong, in the hands of deserving children.

In celebration of Community Day 2023, and in conjunction with the earlier Earth Month, Paramount hosted two far reaching, yet close-to-home impactful initiatives with Second Chance Toys.

Firstly, as spring approached and the yearly cleaning season began, Paramount families were invited to clear out their own outplayed toys sustainably with SCT. Led by the Social Responsibility Team, this initiative allowed families to make an impact from their own homes, by packing up and shipping outplayed toys directly to one of the Second Chance Toys recipient organizations. SCT hosted a short information session over video conference and prepared a simple set of instructions for donors on which toys are acceptable to donate. Since Paramount underwrote shipping, and the community was eager to make an impact in another area, this batch of toys was matched with one of SCT's newest partners, New Beginnings 4 U Inc. of Raleigh, NC.

"We rely on our relationships to community partners like Second Chance Toys to create long-standing impact initiatives at Paramount like Community Day" said by Harold Anderson, a coordinator on the Social Responsibility team. "As this relationship progress, our employees begin to build a strong connection to Second Chance Toys as an organization that support social causes we care deeply about and it drives them to want to volunteer more with SCT!"

A couple of months later in June, though Spring Cleaning was finished out, the demand for toys continued to grow among Second Chance Toys recipient organizations. Luckily Paramount was geared up and eager to continue to work to fill that need! For Community Day on June 14, Paramount sent a delegation of volunteers to SCT satellite toy drop-off location, Fair Lawn, NJ Recycling and Public Works. The crew spent the morning working tirelessly to screen donations in preparation to be re-circulated in the surrounding communities. This comprehensive screening included unpacking, cleaning, refurbishing, and reuniting small parts, all culminating in packing the toys up for pick-up. In total, 500 toys were inspected and cleared for donation, therefore averaging about 2,000 pounds of unnecessary plastic waste diverted from landfills.

Team co-captain Danielle Rowe-Jackson reflects on the experience: "It was truly a pleasure to work with the team at Second Chance Toys. I think we all loved the idea of giving a toy another opportunity to make a child happy."

These items have been matched with the New Jersey Community Development Corporation of Paterson, NJ, where they will be distributed to children and families they serve in the Great Falls area of Paterson.

"It is such an honor to be included in the Paramount Community Day lineup once again. SCT is especially proud and excited this year to have the Paramount team back out in-person with us screening toys for the first time since 2019! Feels great to be back outside, making an impact and having a great time!" said Zoe Cook-Nadel, Director of Second Chance Toys."We can't wait to see what the future holds and continue to make innovative impacts for children and the environment together with Paramount."

Tens of thousands of toys worth of impact later, Paramount is one of the longest running Valued Supporters of the Second Chance Toys environmental and social missions.

Paramount, Tuesday, August 1, 2023, Press release picture

Paramount volunteers working with Second Chance Toys.

View additional multimedia and more ESG storytelling from Paramount on 3blmedia.com.

Contact Info:
Spokesperson: Paramount
Website: https://www.3blmedia.com/profiles/paramount
Email: info@3blmedia.com

ACCESSWIRE | Article Logo

SOURCE: Paramount



View source version on accesswire.com:
https://www.accesswire.com/771500/paramount-social-responsibility-community-partner-spotlight-second-chance-toys

Recent Quotes

View More
Symbol Price Change (%)
AMZN  226.50
-4.32 (-1.87%)
AAPL  271.01
-0.85 (-0.31%)
AMD  223.47
+9.31 (4.35%)
BAC  55.95
+0.95 (1.73%)
GOOG  315.32
+1.52 (0.48%)
META  650.41
-9.68 (-1.47%)
MSFT  472.94
-10.68 (-2.21%)
NVDA  188.85
+2.35 (1.26%)
ORCL  195.71
+0.80 (0.41%)
TSLA  438.07
-11.65 (-2.59%)
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 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.