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BABCPHL Board Member Feature – Nick Lotz

Nick Lotz recently joined Santander’s Commercial Bank as Managing Director and Head of Business Development. In this role, Nick has a number of core responsibilities. He oversees the Business Development and Cash Management sales teams and drives the new-to-bank client acquisition growth strategy for the Commercial Bank.

Nick’s banking career has always been focused on international business. When he moved to Philadelphia in 2005, he joined the BABCPHL because it offered valuable content and networking opportunities. He was a BABCPHL member for five years before joining the Board of Directors in 2010. Nick says, “I have been fortunate to be a part of the BABCPHL family, and to serve as the current President.”

The crowning BABCPHL event for Nick every year is the Signature Annual Holiday Luncheon. It is the kick-off celebration of the season, and Nick particularly enjoys Howard Silverstone’s humor and wit, that makes the room burst into laughter.

During the pandemic, Nick has most missed networking, as well as seeing good friends and meeting new people. He cannot wait until everyone feels safe to be together again. Nick’s pandemic silver lining has been getting to spend more time with his family. “Our second son was born one year ago, and having so much time with our boys has been a real joy.”

Once pandemic restrictions are lifted, Nick hopes to return to concerts and sporting events. He is looking forward to being with thousands of people singing the same song or cheering together for the same team.


BABCPHL Board Member Feature – Ian Cross

As company founder and principal of Web firm, I-SITE, entrepreneur Ian Cross wears many hats including product strategy, market development and new business development. He loves web and digital technology and enjoys staying involved throughout the project cycle. Ian believes that I-SITE’s many long-term client relationships serve as a testament to the firm’s customer service, attention to detail and creativity.

Ian has been involved with the BABCPHL now for over 20 years and appreciates the organization’s professionalism, commitment and eagerness to evolve and stay relevant which is not an easy task.” He was hooked after winning two round trip tickets to London at his first Signature Annual Holiday Lunch in the late nineties! As one of the few digital and marketing experts in the BABC Ian especially enjoyed collaborating on a couple of the BABCPHL panel events that have been focused on the use of technology and the Internet in transatlantic business. Ian states, “The BABC strikes a fantastic balance between professional and social events. In terms of great memories I would have to say the Young Professionals event at The Trestle Inn is another favorite. The energy of the annual program is as great as the whiskey sours, although as The Trestle Inn owner I’m a little biased.”

Throughout the pandemic, Zoom has developed and surprised many of us with overwhelming participation and engagement; however, Ian, like many others, has most missed face-to-face interaction at events. The pandemic has given him the opportunity to step back and put everything into perspective, especially both his personal and professional relationships. Ian has been grateful for the BABCPHL and its members throughout the pandemic. He says, “the BABC really has felt like a family throughout.” Once restrictions are lifted, not much will change for Ian, as he is busy reopening the bar and working on some exciting I-SITE projects. Once he finally gets a break, he is planning to travel to Iceland to see the latest eruption.

In closing, Ian states, “I’m proud to be a member of an organization that I believe has risen to the challenge of COVID-19. Can only see an increase in business and opportunity as we emerge and look forward to meeting and collaborating with everyone involved.”


The UK Hosts COP26 & Leads the Charge in the Race to Net Zero

Written by: Jenny Dunn, Energy Policy Advisor, British Embassy, and Rebecca Lewis, Regional Deputy Director – East, British Consulate General New York| Trade & Investment

All eyes are on the UK as the country prepares to host the 26th United Nations Climate Change Conference of the Parties (COP26) on Monday, November 1 – Friday, November 12, 2021. Public and private sector entities throughout the world must work together to reduce emissions. Global strategies and actions, such as the Prime Minister’s ten point plan and the “Ambition Loop” are moving the dial in the right direction. The Prime Minister’s ten point plan is the UK’s blueprint for meeting climate targets, supporting global opportunities, and encouraging trade across innovation areas. This plan for a green industrial revolution exemplifies the affirmative approach government can take to build back better, support green jobs, and accelerate the path to net zero. The “Ambition Loop” is a positive feedback loop in which bold government policies and private sector leadership reinforce each other. Corporate leadership and strong government policy measures are spurring additional investment and action by businesses. These strategic public/private partnership campaigns are vitally important in taking climate action to the next level. The Department for International Trade, and bi-national business organizations like the British American Business Council, are playing important roles by bringing these groups together for informative meetings featuring global stakeholders and climate leaders. These, and many other sessions throughout the world, taking place in lead-up to COP26, are spearheading the collaborative efforts and plans to accelerate the transition to a prosperous net zero economy.

What is COP26 and why is it so important to tacking climate change?

In 2015, countries agreed at COP21 in Paris to limit average global temperature increase to well below 2C, aiming for 1.5C. In order to keep that 1.5C target alive, as we are determined to do, we must halve global emissions by 2030 and reach net zero emissions as soon as possible, and by 2050 at the very latest.

Business is essential to achieving this goal. We need the innovation, influence and energy of the private sector on our side and we need businesses to act now to ensure they are part of the global low carbon transition, which is accelerating. Countries and organisations aiming for net zero cover nearly 70% of GDP. Even in the midst of a global pandemic, net zero commitments doubled in 2020.

COP26 also provides a global platform to highlight businesses as global leaders in tackling climate change. In November, the eyes of the world are on the UK as we host COP26 in November following on from the G7 Leaders Summit in June. COP26 must be the moment that all parts of society act to protect the planet.

What does the UK want to achieve as COP26 President and what is the role for business?

Alok Sharma, the COP President Designate, has set out four key goals for the COP26 Presidency. Businesses are a vital component of all the goals and can help achieve success through their own action; working with peers and across their value chains; becoming positive advocates for climate action and working with governments to let them know that businesses want stronger climate policy.

From a UK Government perspective, more businesses making commitments to deliver action helps drive bold policy measures to support these efforts. For example, the UK Government has accelerated the phase-out date for polluting cars and vans to 2035, as more companies have adopted zero emission vehicle (ZEV) fleets.  In turn, those frameworks make it easier for business to achieve their own goals.

We are asking all businesses to take immediate action to reduce emissions by joining the Race to Zero.  This requires businesses to take robust short-term action to halve global emissions by 2030, and to achieve net zero emissions by 2050. We need both large businesses, as well as smaller ones to sign up.

What is the Race to Zero?

The UN-backed Race to Zero campaign is the largest global alliance of companies, cities, investors, regions and universities committed, based on science, to halving global emissions by 2030 and achieving net zero emissions by 2050 at the very latest. Over 3,000 businesses have now joined the Race to Zero, representing a combined revenue of almost US$15 trillion.

Major US firms such as: American Airlines, Johnson and Johnson, Pepsi, Microsoft, Amazon, Ford Motor Company, Pfizer, FMC Corporation, and Livent are spearheading important climate change efforts by joining the Race to Zero. In addition, commitments by significant metropolitan regions, such as the City of Philadelphia, are leading by example. In January 2021, Jim Kenney, Mayor of Philadelphia and Christine Knapp, Director, Office of Sustainability, published a climate action playbook highlighting the City’s plans to reduce contribution to climate change by eliminating carbon emissions from three sectors: Buildings and Industry, Transportation, and Waste. Click here to access the report.

Are corporate net-zero targets realistic/achievable?

Though a net zero commitment is ambitious, companies are demonstrating it is achievable, often realising targets ahead of schedule at the same time as driving business growth. Indeed, a recent analysis of 338 companies that have set science-based targets shows that they have collectively reduced their annual emissions by 25% between 2015 and 2019. Reducing emissions more quickly while incurring lower costs than expected chimes with UK Government experience too. The UK, between 1990 and 2018, has reduced our emissions by 43% – the fastest rate in the G7 – whilst growing our economy by 75%.

One of the most powerful aspects of committing to science-based emissions targets is that it requires businesses to ensure a comprehensive understanding of their value chains in order to eliminate their carbon footprint. Sixty-three percent of company executives say setting science-based targets drives innovation.

Hannah Young, Acting Consul General New York, reports “2021’s Climate Week in September, alongside the UN General Assembly will be a crucial stepping stone – as well as the British American Business and World Affair Council’s early October event – in the lead up to COP 26 in Glasgow this November. Now is the time to act whilst we can effect change, mobilise capital, support a green global recovery, and safeguard the planet for future generations.”

You can find general background on the Race to Zero, more detail on the criteria for entry and leadership practices here. The Race to Zero campaign comprises a number of initiatives that businesses (and other non-State actors) can join to become part of the Race to Zero. A full list is available here.


BABCPHL Board Member Feature – Rebecca Lewis

Rebecca Lewis is the Department for International Trade’s (DIT) Deputy Regional Director, East and US DIT COP26 Lead. Rebecca supports the leadership of a team of 30 trade and investment professionals, who focus on transatlantic opportunities for jobs and growth between the UK, and Pennsylvania, New York, New Jersey and Connecticut. In addition, she leads DIT’s business engagement on Climate. Currently, Rebecca is working with her Embassy and London colleagues to accelerate the race to net zero climate commitments.

Rebecca has been an active member of the BABCPHL since 2013. She has served multiple years on the board and works closely with the organization to collaborate on events. The British Consulate and DIT work closely with the BABCPHL because it makes sense! DIT’s and the BABCPHL’s objectives align for strong regional engagement with industry for trade and investment growth between the UK and Philadelphia. Rebecca’s favorite BABCPHL memory is taking the City’s trade delegation to the Houses of Parliament and visiting the Elizabeth Tower and Big Ben. She also thoroughly enjoyed visiting Philadelphia before the pandemic when Mayor Kenney signed the Powering Past Coal Alliance for the City of Philadelphia.

Throughout the pandemic, Rebecca has most missed seeing people, such as her regular coffee cart man outside the office. Rebecca has remained optimistic during the pandemic and has welcomed the new level of digital engagement between the US and UK, which has created “a whole new accessible and truly global world of opportunities.” She has also been grateful to be narrowing her carbon footprint by not traveling quite as much for work during the pandemic. However, she cannot wait to jump on a plane and go home to the UK once the restrictions are lifted. This is the longest Rebecca has ever had to be away from her home and family.


Fall 2021 BABCPHL New Members

Corporate Members:

Capital One Bank
1000 Continental Drive
King of Prussia PA 19406
Website: www.capitalone.com

Larry Worsham
Senior Manager
P: 267-785-1590
E: larry.worsham@capitalone.com

Capital One’s mission is to help customers succeed by bringing ingenuity, simplicity, and humanity to banking. The company was founded on the belief that the banking industry would be revolutionized by information and technology, beginning with credit cards. Capital One is now the nation’s fifth-largest consumer bank and eighth-largest bank overall. Founder-led by Chairman and Chief Executive Officer Richard Fairbank, the company believes that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. Capital One is building customer experiences that are real-time and intelligent. They measure  efforts by the success their customers enjoy and the advocacy they exhibit. In support of their mission, Capital One developed the Capital One Impact Initiative to advance socioeconomic mobility by advocating for an inclusive society, building thriving communities, and creating financial tools that enrich lives. This program is fueled by an initial $200 million multi-year commitment to catalyze economic growth in low- and moderate-income communities and close gaps in equity and opportunity.

Littus – Market Entry Platform
1845 Walnut Street
Suite 980
Philadelphia PA 19103
Website: https://littus.us/

Paul Maguire
Managing Director
P: 610-457-3548
E: pmaguire@littus.us

Rob Rae
Director
P: 610-389-7559
E: rrae@littus.us

Littus is a services based market entry platform connecting foreign businesses wishing to enter their USA Market ecosystems with subject matter experts across the business infrastructure disciplines necessary to facilitate efficient growth in the USA. Littus also represents foreign Economic Development agencies and their clients in gaining an understanding of USA market entry nest practices.

These specialist areas include legal (company formation, immigration, IP, contracts), accounting, taxation, business development, financial, insurance, recruitment and HR.

These connections can be delivered as part of soft-landing project management programs, trade missions (virtual or live) general referrals and one-on-one development programs.

Non-Profit & Government Partner:

Philadelphia International Airport
8500 Essington Avenue
Philadelphia PA 19153
Website: https://www.phl.org/

Chellie Cameron
CEO
E: ROCHELLE.CAMERON@PHL.ORG

Stephanie Wear
Director, Air Service Development & Cargo Services
E: STEPHANIE.WEAR@PHL.ORG

Philadelphia International Airport (PHL) proudly connects Philadelphia with the world. PHL is the only major airport serving the nation’s 6th largest metropolitan area, is a large hub airport serving 32.24 million passengers annually. Twenty-five airlines, including all major domestic carriers, offer nearly 500 daily departures to more than 140 destinations worldwide. Located seven miles from downtown Philadelphia, the Airport is easily accessible and convenient to many tourist sites, business centers, and cultural hubs. The Airport is self-sustaining and uses no local tax dollars. PHL is one of the largest economic engines in the region, generating $16.8 billion to the economy and accounting for 106,000 full-time jobs annually.


Fall 2021 President’s Letter

Dear BABCPHL Members and Friends,

I hope this message finds you well. It’s hard to believe summer has come and gone and we are “back to school.” For many, the month of September is characterized by new beginnings and a fresh start. A few weeks ago, I transitioned to a new role with Santander Commercial Banking. As Managing Director, Head of Business Development, I am responsible for overseeing the Business Development and Cash Management sales teams, and driving the new client acquisition growth strategy for the Commercial Bank. It is an honor to continue in my role as President of the British American Business Council of Greater Philadelphia, and I look forward to enhancing our relationship with current and new members. It is a time for renewed growth and opportunity, especially in light of the US Government’s announcement that it will remove travel restrictions for vaccinated EU and UK citizens. This good news is a great relief and support for everyone operating within the US-UK transatlantic corridor and beyond. We worked hard to get to this point, and the BABCPHL is here to help you and your business re-emerge and expand.

We have an exciting line-up of events from now through the end of the calendar year. Please visit our website for a complete roster of our programs. Content includes priority matters such as global travel, climate change, and diversity, equity and inclusion, to mention the focus of some of our upcoming activities.

Your health and safety are our number one priority. While we prefer to always meet face-to-face, for now our operations have resumed virtually. The silver lining is our increased partnership with the 22-Chapter British American Business Network across the world, and the ability to attract industry leaders to join us for speaking engagements from different time zones. We are stronger together! Thank you for your partnership and I look forward to meeting with you often now and in the future.

Sincerely,

Nick Lotz

President, British American Business Council of Greater Philadelphia


BABCPHL Board Member Feature – Ian Cross

As company founder and principal of Web firm, I-SITE, entrepreneur Ian Cross wears many hats including product strategy, market development and new business development. He loves web and digital technology and enjoys staying involved throughout the project cycle. Ian believes that I-SITE’s many long-term client relationships serve as a testament to the firm’s customer service, attention to detail and creativity.

Ian has been involved with the BABCPHL now for over 20 years and appreciates the organization’s professionalism, commitment and eagerness to evolve and stay relevant which is not an easy task.” He was hooked after winning two round trip tickets to London at his first Signature Annual Holiday Lunch in the late nineties! As one of the few digital and marketing experts in the BABC Ian especially enjoyed collaborating on a couple of the BABCPHL panel events that have been focused on the use of technology and the Internet in transatlantic business. Ian states, “The BABC strikes a fantastic balance between professional and social events. In terms of great memories I would have to say the Young Professionals event at The Trestle Inn is another favorite. The energy of the annual program is as great as the whiskey sours, although as The Trestle Inn owner I’m a little biased.”

Throughout the pandemic, Zoom has developed and surprised many of us with overwhelming participation and engagement; however, Ian, like many others, has most missed face-to-face interaction at events. The pandemic has given him the opportunity to step back and put everything into perspective, especially both his personal and professional relationships. Ian has been grateful for the BABCPHL and its members throughout the pandemic. He says, “the BABC really has felt like a family throughout.” Once restrictions are lifted, not much will change for Ian, as he is busy reopening the bar and working on some exciting I-SITE projects. Once he finally gets a break, he is planning to travel to Iceland to see the latest eruption.

In closing, Ian states, “I’m proud to be a member of an organization that I believe has risen to the challenge of COVID-19. Can only see an increase in business and opportunity as we emerge and look forward to meeting and collaborating with everyone involved.”


BABCPHL Board Member Feature – Rebecca Lewis

Rebecca Lewis is the Department for International Trade’s (DIT) Deputy Regional Director, East and US DIT COP26 Lead. Rebecca supports the leadership of a team of 30 trade and investment professionals, who focus on transatlantic opportunities for jobs and growth between the UK, and Pennsylvania, New York, New Jersey and Connecticut. In addition, she leads DIT’s business engagement on Climate. Currently, Rebecca is working with her Embassy and London colleagues to accelerate the race to netzero climate commitments.

Rebecca has been an active member of the BABCPHL since 2013.  She has served multiple years on the board and works closely with the organization to collaborate on events. The British Consulate and DIT work closely with the BABCPHL because it makes sense! DIT’s and the BABCPHL’s objectives align for strong regional engagement with industry for trade and investment growth between the UK and Philadelphia. Rebecca’s favorite BABCPHL memory is taking the City’s trade delegation to the Houses of Parliament and visiting the Elizabeth Tower and Big Ben. She also thoroughly enjoyed visiting Philadelphia before the pandemic when Mayor Kenney signed the Powering Past Coal Alliance for the City of Philadelphia.

Throughout the pandemic, Rebecca has most missed seeing people, such as her regular coffee cart man outside the office. Rebecca has remained optimistic during the pandemic and has welcomed the new level of digital engagement between the US and UK, which has created “a whole new accessible and truly global world of opportunities.” She has also been grateful to be narrowing her carbon footprint by not traveling quite as much for work during the pandemic. However, she cannot wait to jump on a plane and go home to the UK once the restrictions are lifted. This is the longest Rebecca has ever had to be away from her home and family.


BABCPHL Board Member Feature – Ralph Estel

Ralph Estel is a Senior Manager in the Private Business Services Practice at EisnerAmper with over 10 years of experience providing accounting, consulting and tax services to middle-market clients. His clients include real estate and construction companies. Ralph has presented and participates in various events on topics related to real estate, accounting and tax. In addition, Ralph contributes to the firm’s real estate blog.

Ralph has been a member of the BABCPHL for three years. He chose to become involved because he wanted to show his commitment to the two countries.  EisnerAmper has offices in both the United Kingdom and the United States which supported his decision. Ralph’s favorite BABCPHL memories include the Signature Annual Holiday Lunch, which he describes as being “one of the best networking events [he’s] ever attended.” He likes making great connections that he’s continued to strengthen through his involvement with the BABCPHL. He is looking forward to attending our upcoming Signature Annual Holiday Lunch on December 9th, 2021.

During the pandemic, Ralph missed going to lunches and dinners with clients and friends. As pandemic restrictions are lifted, he looks forward to doing this again. While Zoom has given us the ability to connect with one another, it simply cannot compete with the joys that come with in-person events. One good thing to happen as a result of the pandemic was that Ralph was able to spend more time with his family – something he enjoys very much.


BABCPHL Board Member Feature – Bruce F. White

Bruce F. White is the Director of the International Practice and a Partner at Johnson, Kendall & Johnson (JKJ). JKJ is a holistic risk management and insurance brokerage firm catering to a middle market client base across the USA and internationally. Bruce spends his time managing and growing JKJ’s International Practice, which primarily champions bringing a proactive risk management approach to multinational companies entering the US and creating innovative solutions globally for US headquartered companies. The complexities of the US litigious, economic, and legal environment make navigating the total cost of risk an extraordinary challenge for foreign management groups. Bruce and the JKJ team work with companies headquartered in more than 37 countries, and have developed country specific initiatives tailored toward Japanese, German, Austrian, Swiss, Italian, Canadian, Mexican, and British companies.

Bruce has been affiliated with the BABCPHL for several years, but has become more active during the past few as JKJ is proactively working to grow their British American network. Two years ago, Bruce joined the BABCPHL’s Board of Directors, and more recently his dedicated colleague and British American Business consultant, Michael McGuire, accepted a leadership role for the BABCPHL Young Professional Group. “The BABC has an amazing tight knit community of likeminded businesses, executives, and professionals. We have grown to strongly value the partnerships and friendships that have developed as a result of our affiliation.” Bruce’s most memorable event was last summer’s virtual whiskey tasting. Lew Bryson, a decorated author of multiple published books and former editor of Whiskey Advocate, hosted an educational and historical lesson on whiskey distilling. “Not only was Lew brilliant in his field, but made the hour virtual event fun and brought his authentic personality to enhance a difficult way to engage an audience virtually.”

Bruce has most missed engaging with people throughout the pandemic. “We are naturally social beings and nothing accentuated that need more than the unprecedented lockdown predicament we all found ourselves in.” Bruce’s silver lining has been getting to spend time with his family. He and his wife had their fourth child only a month before the official pandemic restrictions began. “The pandemic for us personally was an extraordinary blessing, with an unprecedented amount of time to enjoy breakfasts, countless “did that really just happen” moments, singing/dancing, laughs, and a full bounty of memories with my kids, and wife.” Once pandemic restrictions are lifted, Bruce plans to travel to London and Frankfurt for business, and to take his wife on an overdue Caribbean vacation for some rest and relaxation!

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The BABCPHL recognizes our Club Level Members:

  • Almac
  • American Airlines
  • Cigna
  • Cigna
  • Duane Morris
  • EisnerAmper LLP
  • Faegre Drinker Biddle & Reath LLP
  • Fisher Phillips
  • HSBC
  • Johnson, Kendall & Johnson, Inc.
  • KPMG
  • Morgan Lewis
  • Penn Medicine
  • https://www.santanderus.com/
  • Welsh Government