2025 Earnings Release Presentation February 19, 2026 Investor Relations Available Information On February 19, 2026, Consolidated Edison, Inc. issued a press release reporting its 2025 earnings and filed with the Securities and Exchange Commission the company's 2025 Form 10-K. This presentation should be read together with, and is qualified in its entirety by reference to, the earnings press release and the Form 10-K. Copies of the earnings press release and the Form 10-K are available at: www.conedison.com/ ...

Core Insights - Jacobs Solutions Inc. has secured a significant contract to lead the engineering design of the Bolivar Roads Gate System, a major coastal storm surge barrier along the Texas Gulf Coast [1][9] - The project is part of the Coastal Texas Project, aimed at enhancing regional protection against hurricanes and flooding, and is expected to be one of the largest storm surge barrier systems globally [2][4] Project Overview - The Bolivar Roads Gate System will act as a protective barrier at the entrance between the Gulf of Mexico and Galveston Bay, safeguarding over six million residents and approximately $800 billion in infrastructure and property [4][5] - This initiative is described as a "generational investment" that aims to bolster coastal resilience and support uninterrupted commercial activity while incorporating advanced monitoring tools for long-term reliability [5][6] Strategic Importance - The Coastal Texas Project represents a collaboration between the Gulf Coast Protection District, the U.S. Army Corps of Engineers, and the Texas General Land Office, marking a significant effort in U.S. coastal resiliency history [6] - The project is backed by nearly $1 billion in initial state funding and is designed to limit storm surge while allowing maritime traffic to continue, thereby reducing storm-related damage costs and preserving coastal ecosystems [6] Financial Performance - Jacobs reported a record consolidated backlog of approximately $26.3 billion in the first quarter of fiscal 2026, reflecting a 21% year-over-year increase, driven by strong program wins across various sectors [7] - The company has secured notable project awards in key growth markets, including a $1.6 billion modernization project for Cleveland Hopkins International Airport, which supports its backlog growth and long-term revenue visibility [8] Market Reaction - Following the announcement of the contract, Jacobs' shares increased by 7.8% during the trading session, indicating positive market sentiment regarding the company's growth prospects [3][9]

Core Insights - JDE Peet's has launched its Nature Transition Plan, 'Grounded in Nature', aimed at protecting ecosystems and ensuring the long-term viability of coffee production [1][2] Sustainability Commitments - The Nature Transition Plan is the first of its kind in the food and beverage sector, fully aligned with the TNFD framework, Global Biodiversity Framework, and Science-Based Targets for Nature [2] - The plan aims to transform sustainability commitments into measurable actions, ensuring coffee supply chains contribute to global nature-positive goals while maintaining sourcing diversity [3] Specific Goals - The plan includes initiatives to drive collective action against deforestation, expand regenerative coffee farming practices to an additional 200,000 hectares by 2030, and achieve 100% responsibly sourced green coffee by 2028, building on the 83.2% achieved in 2024 [7] - JDE Peet's employs a framework of 'Assess, Address, Progress' to implement its strategies, focusing on rigorous supply chain mapping, targeted farmer programs, and transparent measurement [7] Production Archetypes - The company identifies three coffee production archetypes to tailor its nature-related strategies: high-yield systems in Brazil & Vietnam, medium-yield systems in Latin America, and low-yield systems in East Africa & Indonesia [7] - JDE Peet's sources approximately 8% of the world's green coffee and has achieved 100% responsibly sourced green coffee in major markets like Europe and the US as of 2024 [7] Common Grounds Program - The Common Grounds program has reached nearly 1 million farmers in 29 countries since 2015, focusing on responsible sourcing, minimizing environmental footprint, and promoting community engagement [10]

[applause] I grew up on a lobster warf on the coast of Maine. Some of my earliest memories are of my brother and I paddling around the harbor in our grandfather's rowboat, getting stuck in mud flats while searching for horseshoe crabs, and tracking the summertime mackerel migration with our fishing poles. Now, I'm a fourth generation member of a lobster fishing family.But somehow I did not inherit sea legs and I definitely do not share my family's tolerance for the smell of bait. While my older brother eage ...

Key Arguments - The current financial architecture is not designed for a world of constant crisis, reacting instead of anticipating risks [6] - South Africa needs hundreds of trillions of US dollars by mid-century to tackle climate change [7] - The Just Energy Investment Plan estimates a need of $98 billion over the next 5 years to transition to a low-carbon economy [7] - Of the $11.5 billion secured for the Just Energy Transition, only 7% is in the form of grants, while over half are loans [8] Financial Resilience & Investment Strategies - Financial resilience is defined as the ability of markets to adapt to and absorb shocks while maintaining sustainability and growth [6] - Catalytic capital is essential for absorbing risks and unlocking further investment [8] - The Galapagos Islands debt-for-nature swap demonstrates how layered funding models (donor grants, concessional loans, institutional investment) can turn debt into climate action [15][16] - South Africa's Green Outcomes Fund has leveraged 100 million rand in public money to create four times that amount in private sector funding for small green jobs [19] Recommendations for Systemic Change - Build capacity in communities for governance and finance, and in investors for local context [20] - De-risk resilience investments through guarantees, public funding, and concessional loans [21] - Make resilience attractive by lowering interest rates for climate outcomes and rewarding long-term sustainable views through policy and pricing [21] - Governments need to provide clear policy signals, structure catalytic funds, and simplify processes to facilitate the flow of funds to investable projects [23]

Core Insights - Japanese companies are expected to gain more benefits from climate resilience spending compared to global counterparts, as they face significant disruption risks from natural disasters like earthquakes and flooding [1] - CDP reports that for every $1 invested in mitigating physical climate risks, Japanese firms could see a return of $12, significantly higher than the global average of $6 [2] - A strong commitment to climate targets is observed among companies engaging with CDP, with less than 4% of them altering their goals despite challenges faced by some global firms [3] Group 1 - Japanese businesses are at the forefront of addressing climate risks and opportunities, with a proactive approach to environmental challenges [2] - The Japanese government has enhanced safety protections for workers in response to extreme summer heat, indicating a growing focus on climate resilience [1] - CDP's analysis includes data from approximately 24,800 global companies that disclosed their environmental impact last year [3] Group 2 - The return on investment for Japanese companies in climate resilience is notably high, suggesting a strong potential for financial gains through sustainable practices [2] - High-profile global companies have been revising their climate goals, contrasting with the commitment shown by Japanese firms [2][3] - The ongoing commitment to climate targets among CDP-engaged companies reflects a broader trend of sustainability in corporate strategies [3]

Industry Outlook - Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience [1] Source - CDP, an environmental disclosure nonprofit, provided the information [1]

Core Insights - The National FFA Organization is the leading youth development organization in the U.S., focusing on agricultural education and preparing students for future careers [1][2] - The 98th National FFA Convention & Expo is set to take place from October 29 to November 1, 2025, in Indianapolis, with over 70,000 attendees expected [1] - John Deere Foundation is investing $3.9 million over three years to enhance FFA's reach and leadership development, reflecting a long-term partnership of 80 years [2] Industry Overview - FFA members will explore over 350 careers in agriculture, including agribusiness, environmental science, food systems, and ag technology [2] - The organization emphasizes sustainability, food security, and climate resilience, adapting to the evolving needs of the agricultural sector [2] - FFA provides a combination of classroom instruction, hands-on learning, and leadership development to equip members for success in various fields [2] Impact and Achievements - The convention will feature events such as the Student Showcase Stage, Career & Leadership Development Events, and an Expo Hall for career exploration [4] - A total of 5,161 American FFA Degrees were awarded to top-performing members, highlighting the achievements of the organization [4] - FFA is actively involved in community education on sustainability and food systems, launching ag-tech startups, and advocating for agricultural literacy [4]

Core Insights - PepsiCo, in collaboration with the Alliance of Bioversity International and CIAT, announced a significant update to the Climate Resilience Platform (CRP), aimed at helping agricultural stakeholders address climate change impacts [2][3] - The updated CRP 2.0 enhances capabilities and accessibility, promoting regenerative agriculture practices and building a more resilient agricultural supply chain [6][8] Development of the Climate Resilience Platform - Originally developed in 2023, the CRP translates climate research into actionable insights for agricultural stakeholders, enabling them to anticipate yield risks and implement targeted interventions [4] - The platform has been recognized for its transformative potential in food and agriculture, distinguishing itself from proprietary tools that may impose high consultancy fees [4] Funding and Collaboration - The September 2025 release of CRP 2.0 was co-funded by the Foundation for Food & Agriculture Research (FFAR), which contributed $1 million to enhance the platform's impact [6][8] - New organizations, including Olam Agri and Bonsucro, have joined the platform, contributing funding and data to support climate adaptation and agricultural innovation [10] Enhanced Features of CRP 2.0 - CRP 2.0 introduces quantification of climate risk exposure and opportunities in business terms, including investment requirements and projected yield improvements [9] - The platform has expanded to include two new crops and six new countries, enhancing its reach and fostering collaboration among organizations [9] Industry Impact and Future Goals - The collaboration aims to empower stakeholders across the food and agriculture system to make informed decisions and strengthen supply chains [7][11] - The initiative reflects ongoing efforts in climate resilience and regenerative agriculture, with a focus on creating long-term value for supply chains and securing livelihoods for farmers in vulnerable regions [11]

Climate Resilience & Urban Planning - The report highlights a European city as an original example of climate resilience [1] - The city offers lessons for other cities facing climate change challenges [1] Industry Implication - The content suggests a focus on urban adaptation strategies in the face of climate change [1]