Building Talent Foundation Extends Social Impact Partnership with Resideo Technologies
Two Leading Organizations Collaborate to Create New Career Opportunities for Young People, Joint Efforts Reflect Strong Focus of ESG Efforts by Both Organizations
(Washington, DC) July 22, 2022 — Building Talent Foundation (BTF) announced the renewal of its annual $300,000 strategic social impact partnership with Resideo Technologies, Inc. (NYSE: REZI). Through their multi-year partnership and collaboration, both BTF and Resideo are creating new opportunities for students to pursue careers in the HVAC and security and smart home industries, while also helping to address the talent shortage in residential construction.
“Together, we’re making a real impact,” said Branka Minic, CEO of BTF. “Our initiatives are helping students get into rewarding careers, giving educational institutions relevant curriculum resources and cutting-edge technologies to train them, and providing a well-trained workforce for employers.”
BTF and its partners are focused on engaging 1 million youth and career changers to explore careers in construction by 2030 and have set a goal to bring 100,000 new skilled workers into the sector with a strong focus on women and people of color. Together with its partners, BTF is well on its way to achieving these diversity goals. Through its Jobs to Build career exploration and job placement tool, it helped more than 500 students find good paying trades jobs in 2021. Among those placements, the percentage of female workers placed was more than double the industry average, and nearly 70 percent were people of color.
“Resideo’s leadership on our Board and Advisory Council has been vital in helping us promote rewarding careers in HVAC to more young people,” said Minic. “With their help, we’re impacting the lives of thousands of students.”
“Resideo is honored to renew our commitment to BTF and its partners. We’ve accomplished a lot in one year, but we know much more needs to be done to solve the ongoing shortage of talented tradespeople in the homebuilding industry,” said Phil Theodore, Products & Solutions President, Resideo.
Resideo is committed to creating alignment between the skills employers need, and the skills entry-level installers and technicians are taught in trade schools. Resideo built upon BTF’s relationships with education partners across the country and formed a new HVAC-Industry Council. It also donated the latest HVAC equipment for their training labs and educational resources for those technologies. On the Jobs to Build site, Resideo also provides information about Smart Home and Security Systems to promote these careers to young people and career changers.
About Building Talent FoundationM
Building Talent Foundation (BTF) is a non-profit organization founded by the Leading Builders of America, 20 of the largest residential construction companies in the United States. BTF's mission is to advance the education, training, and career progression of young people and people from underrepresented groups, helping them develop into skilled technical workers and business owners in residential construction. For more information, visit www.BuildingTF.org.
Resideo is a leading global manufacturer and distributor of technology-driven products and solutions that provide comfort, security, energy efficiency and control to customers worldwide. Building on a 130-year heritage, Resideo has a presence in more than 150 million homes, with 15 million systems installed in homes each year. We continue to serve more than 110,000 professionals through leading distributors, including our ADI Global Distribution business, which exports to more than 100 countries from nearly 200 stocking locations around the world. For more information about Resideo, please visit www.resideo.com
SOURCE Resideo Technologies, Inc.