The announcements we are making today allow our organizations the opportunity to focus on distinct aspects of our mission.” “With our major funding and refocused approach, we are well positioned to address the world’s emerging safety challenges, advance research to uncover new approaches to safety and advocate for the adoption of new science-based standards. “As we look at how people live and work today, we recognize that technological change has accelerated, and safety threats are outpacing even that rapid change,” Brady said. An executive director, who will oversee the day-to-day management of the Standards and Engagement organization, will be named at a later date. Brady will continue to serve as president, chief executive officer and trustee of the Research organization and will chair the board of the Standards and Engagement organization. will continue operating its global testing, inspection, certification and advisory businesses, helping further the shared mission of all three UL organizations to advance public safety. The Standards and Engagement organization will drive safety advocacy campaigns and related coalition-building activities focused on improving public safety. This nonprofit will translate knowledge gained from safety science into practical and measurable standards and policies, building upon decades of standards development leadership. The new Underwriters Laboratories Standards and Engagement organization will serve as a critical facilitator of public-private partnerships around the world. It intends to fulfill this mission by growing the organization’s world-class research faculty and facilities. The Research organization will also marshal greater resources to scan for, assess and address emerging human safety risks in areas such as autonomous systems and artificial intelligence. With this investment, the existing Underwriters Laboratories Research organization will expand its focus on scientific discovery across a broad range of critical fields – from fire safety to human environmental exposure to electrochemical battery safety. The source of the investment is special dividends issued by Underwriters Laboratories’ for-profit subsidiary, UL Inc. We are proud that, through this major commitment, we are moving forward to accelerate safety science discoveries and inform public policy and behaviors that will advance the public good around the world.” “As humans face new and more frequent safety threats, society needs our leadership more than ever. “This new financial commitment into safety research allows Underwriters Laboratories to build upon our 128-year legacy of public service and make even greater contributions to global safety science,” said James M. With this commitment, Underwriters Laboratories will dramatically expand the scale and scope of research into emerging safety risks while launching a new, second nonprofit organization to advance standards development and public advocacy activities for the enterprise. today announced it is committing $1.8 billion to address increasingly complex public safety risks and strengthen the impact of its safety science mission. 7, 2022 – The nonprofit organization Underwriters Laboratories Inc. Infused with new funding, two distinct nonprofit organizations will help solve the world’s biggest safety challenges
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