Philanthropy News Digest Features Historic Underwriters Laboratories $1.8 Billion Commitment
February 19, 2022
Underwriters Laboratories Inc.’s recent $1.8 billion commitment to expand the scale and scope of its safety science work is featured in an article published by the Philanthropy News Digest, a daily news service of Candid.
The Philanthropy News Digest (PND) article, published Feb. 19, reports on the historic financial commitment that Underwriters Laboratories announced in early February along with the launch of a separate Standards and Engagement organization. Also highlighted is the Underwriters Laboratories three-year, $7 million commitment to a partnership with Northwestern University that created a new artificial intelligence and machine learning research hub.
“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,” Underwriters Laboratories board Chair James M. Shannon said in the PND article. “As humans face new and more frequent safety threats, society needs our leadership more than ever. 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.”