Sustainable Development
Search documents
Sanoma updates its financial targets – aims to deliver high single-digit growth in the Group’s adjusted operating profit in 2026–2030
Globenewswire· 2025-11-25 06:00
Core Viewpoint - Sanoma has updated its financial targets, aiming for high single-digit growth in adjusted operating profit from 2026 to 2030, driven by accelerated net sales and earnings growth in its Learning and Media Finland segments [1][2]. Group Financial Targets - The financial targets for Learning include mid single-digit growth in comparable net sales and high single-digit growth in adjusted operating profit [4]. - For Media Finland, the targets are stable comparable net sales and low single-digit growth in adjusted operating profit [4]. Growth Drivers - In Learning, curriculum renewals in key markets like Poland and Spain are expected to enhance organic net sales growth from 2026 to 2030, alongside a shift towards personalized learning and AI integration [2]. - Media Finland is set to benefit from a digital transformation and significant advertising growth, particularly with the anticipated opening of the gambling market in 2027 [3][6]. Financial Metrics - The Group's net debt to adjusted EBITDA target has been revised to below 2.5 from below 3.0 [3][5]. - The updated dividend policy aims for an increasing dividend, representing 40-60% of annual free cash flow [5][9]. Changes in Performance Measures - Sanoma will amend the definition of free cash flow to include lease liabilities, which will better reflect cash available for profit distribution [8][9]. - The payout ratio for dividends is expected to increase, with the 2024 payout ratio projected at 56% under the new definition, compared to 44% previously [9].
Next Africa: What Nigeria's Motsepe & JPMorgan's Pinto See in Continent's Fastest-Growing Markets
Youtube· 2025-11-22 07:00
Group 1 - The Bloomberg Africa Business Summit highlighted Africa's potential as a growing investment destination, driven by its vast resources, youthful population, and expanding trade networks [2][3][4] - In 2025, China signed over $30 billion in construction contracts in Africa, a fivefold increase from the previous year, indicating rising global interest in African markets [3] - Africa's population is projected to exceed 3.2 billion by 2070, contributing to economic growth, but high unemployment remains a significant challenge, particularly in South Africa [4][5] Group 2 - The African Continental Free Trade Area, expected to be fully operational by 2035, aims to create the largest free trade bloc globally, unlocking access to a $3.4 trillion market [6] - The continent faces an infrastructure financing gap of up to $68 billion annually, alongside challenges such as policy uncertainty and high youth unemployment [7] - Bloomberg Economics developed a risk-o-meter to assess countries based on economic strength and governance, identifying South Africa, Botswana, and Mauritius as low-risk investment destinations [8][9] Group 3 - The informal economy in Africa presents significant opportunities for growth, with potential for technology to enhance commerce and access to services [39][41] - The agricultural sector is projected to reach a trillion-dollar market by 2030, with innovations in technology expected to improve crop yields and food security [16][33] - Africa holds about 30% of the world's known mineral resources, including critical minerals essential for the global shift towards clean energy, yet only attracts 10% of global exploration spending [50][52]
Sustainable Development | Janak Palta McGilligan | TEDxSISTec Bhopal
TEDx Talks· 2025-11-21 16:51
[प्रशंसा] मेरा नाम जनक पटा मगन है। 40 साल की जर्नी है मेरी जिसको दो भाग में मैं बात करूंगी आपके साथ। अह पहला है बर्ली डेवलपमेंट इंस्टट्यूट फॉर रूरल वुमेन जहां पर आके मैंने चंडीगढ़ छोड़ के आके मैंने अपना जीवन समर्पित किया भाई पाइनियर के नाते और 2011 तक वहां सेवा देने के बाद मैंने और मेरे पति ने डिसाइड किया कि हम लोग अब एक गांव में रहेंगे। संस्था को लोगों को बहुत ऊंचाई पर जाने के बाद लोगों को हैंड ओवर करके चले जाइए। ऐसा ना हो कि हमारे जाने के साथ संस्था भी चली जाए क्योंकि ऐसा बहुत देखा था मैंने। ये मेरा फोटो ...
Green Our Planet 荣膺拉斯维加斯 F1® Allwyn 全球社区奖
Globenewswire· 2025-11-21 11:57
Core Points - Allwyn, a multinational gaming and entertainment company, announced that Green Our Planet won the 2025 F1 Allwyn Global Community Award for its HydroConnect initiative, receiving a donation of €100,000 (approximately $117,000) to support its expansion [1][5][6] Group 1: HydroConnect Initiative - The HydroConnect program teaches youth STEM skills, nutrition knowledge, and sustainable agriculture while learning to grow food, addressing challenges in resource-poor communities [2][5] - Green Our Planet operates the largest hydroponic farming program in the U.S., covering over 1,400 schools across 44 states and benefiting more than 500,000 students [2] - In Las Vegas, the program has partnered with over 200 schools and donated hydroponic systems to 32 schools in resource-poor areas, providing training for teachers and practical experiences for over 24,000 students [2][6] Group 2: Formula 1's Support - Formula 1 supports Green Our Planet through various means, including sponsorship of the Giant Student Farmers Market, the largest student-run farmers market in the U.S., held annually in Las Vegas [3] - The 2025 Formula 1 Heineken Las Vegas Grand Prix team installed a dedicated hydroponic micro-farm on the racetrack, showcasing the event's commitment to sustainability [3] - The hydroponic systems used in the program save up to 90% more water compared to traditional agriculture, which is crucial in desert climates [3] Group 3: Community Impact and Recognition - The F1 Allwyn Global Community Award recognizes initiatives that make significant contributions to local communities in education, culture, welfare, and sustainability [3][6] - Green Our Planet's approach aligns with the award's goals, demonstrating local impact and innovative methods to connect children with sustainability and essential life skills [6] - The award reflects the long-standing partnership between Allwyn and Formula 1, emphasizing their commitment to driving positive change and giving back to the communities where they operate [6][8]
Steering Sustainability Through Changes: World Maritime Merchants Forum 2025 Held in Hong Kong
Globenewswire· 2025-11-20 10:08
Core Insights - The World Maritime Merchants Forum 2025 focused on driving high-quality development in the maritime value chain amid global changes, with over 1,300 leaders and experts in attendance [1][3] Group 1: Forum Highlights - The theme of the 2025 Forum was "Steering Sustainability Through Changes," emphasizing the need for sustainable development in the global shipping industry [3] - Key leaders, including government officials and industry executives, participated, highlighting the importance of collaboration and innovation in the maritime sector [3][5][6] Group 2: Hong Kong's Role - Hong Kong is positioned as a super-connector for international maritime enterprises, facilitating the integration of Mainland shipping companies into global markets [6][9] - The city aims to leverage its strengths in high-end services such as shipping finance, maritime law, and insurance to enhance the maritime ecosystem [8][9] Group 3: Technological Innovation and Sustainability - Continuous investment in technological innovation and collaborative partnerships is deemed essential for promoting green and intelligent transformation in the shipping industry [7][20] - The Forum released the "Net-Zero Guide" to support the global shipping industry's low-carbon transition, consolidating emissions-reduction requirements into actionable steps [22] Group 4: Regulatory and Policy Developments - The Hong Kong government is implementing tax incentives and flexible arrangements to attract global shipping enterprises and enhance competitiveness [10][16] - New industry standards for greenhouse gas emissions in marine fuels were introduced, providing benchmarks for shipping companies in their low-carbon efforts [24] Group 5: Future Initiatives - The Forum proposed initiatives to strengthen international cooperation and develop fair global shipping governance, emphasizing the need for a collaborative approach to address industry challenges [17][19] - Hong Kong is committed to establishing an integrated transport system to support green shipping corridors and enhance the overall maritime infrastructure [15][16]
Leading Institutional Investors Reveal ESG Priorities at Canada Climate Week Xchange Event
Newsfile· 2025-11-19 17:00
Core Insights - The event "What Investors Want: Driving Growth Through Purpose and Performance" focuses on how ESG performance influences investment decisions, highlighting the increasing expectations from investors regarding sustainability [1][2]. Event Details - The event is scheduled for November 25, 2025, at TELUS Harbour in Toronto, with registration starting at 8:00 a.m. ET and the program running from 8:45 a.m. to 12:00 p.m. ET [2]. - The event is organized by the UN Global Compact Network Canada in collaboration with the Principles for Responsible Investment (PRI) [1][2]. Participants and Speakers - Notable speakers include Jane Ambachtsheer from BNP Paribas Asset Management, Wendy Berman from the Canadian Sustainability Standards Board, and Anna Murray from the Ontario Teachers' Pension Plan, among others [4]. Initiative Background - Canada Climate Week Xchange (CCWX) is a five-year initiative aimed at addressing climate-related challenges in Canada, encouraging collaboration among various organizations and individuals [5].
BASF named one of Canada's Top 100 Employers for the 12th consecutive year
Globenewswire· 2025-11-18 15:05
Core Points - BASF has been recognized as one of Canada's Top 100 Employers for the 12th consecutive year, highlighting its leadership in creating exceptional workplaces [1][5] - The recognition is attributed to BASF's strong commitment to employee wellness and career development, featuring various supportive programs [2][4] - BASF promotes an inclusive workplace culture that encourages community involvement and employee engagement through various initiatives [3][4] Employee Programs - BASF offers a range of programs including fitness reimbursements, tuition subsidies, coaching and mentorship initiatives, employee referral bonuses, and comprehensive health benefits [2][4] - The company has received multiple awards for its commitment to employees, including Top Employers for Young People, Best Diversity Employer, and Greater Canada's Top Employers in 2025 [5] Company Overview - BASF Canada, headquartered in Mississauga, has over 1,100 employees and reported sales of $2.6 billion in 2024 [6] - The BASF Group employs around 112,000 people globally and generated sales of €65.3 billion in 2024, focusing on sustainable practices and customer support across various sectors [7]
S&P Global Publishes Findings on Unlocking Africa's Economic Potential
Prnewswire· 2025-11-18 06:00
Core Insights - Africa's abundant natural resources, young population, and expanding middle class are poised to redefine the continent's role in global economic growth and sustainable development [1][7] - The report emphasizes the importance of global collaboration and the need for Africa to harness its human capital and natural resources while leveraging new technologies for sustainable development [2][5] Economic Outlook - The report highlights that unlocking Africa's economic potential is crucial for faster long-term growth, particularly to enhance upward mobility for its rapidly expanding population [5] - Africa's vast critical mineral resources could serve as a pathway to unlocking economic potential [5] Financial Development - Multilateral lending institutions play a significant role in accelerating capital market development in Africa by providing financial, technical, and policy support [5] - Blended finance models are gaining traction as a means to mobilize private capital for Africa's climate and sustainable development goals, despite challenges such as fragmented markets and regulatory hurdles [5] Energy Transformation - Africa's energy transformation is seen as a critical area that requires innovative financing solutions to overcome existing financing gaps [5] - The continent's abundant natural resources present transformative potential for renewable energy [5] Infrastructure Investment - Successful infrastructure development in Africa depends on robust governance, legal clarity, and institutional capacity to attract investment [5] - Sustainable finance is on the rise in Africa, but current volumes are insufficient to meet critical development and infrastructure needs, particularly in climate adaptation and water security [5]
JCDecaux renews the exclusive contract with STIB, the Brussels Intercommunal Transport Company, to operate the advertising spaces in the metro, tram and buses
Globenewswire· 2025-11-17 16:40
Core Insights - JCDecaux has renewed its exclusive contract with STIB for 8+2+2 years to manage advertising spaces in Brussels' public transport system, including metro, trams, and buses [1][6] - The STIB network has experienced a 70% increase in users over the past decade, reaching nearly 1.1 million daily users, highlighting the growing popularity of public transport in Brussels [3] - The new contract emphasizes technological innovation and sustainability, with a focus on renewable energy and recyclable materials [4][6] Company Overview - JCDecaux is the leading outdoor advertising company globally, with a revenue of €3,935.3 million in 2024 and €1,868.3 million in H1 2025 [7] - The company operates a vast network of advertising panels, with 1,091,811 panels worldwide and a daily audience of 850 million people across more than 80 countries [11] - JCDecaux's commitment to sustainability is evident through its participation in various environmental initiatives, including the RE100 and achieving Gold Medal status from EcoVadis [11] Contract Details - The new contract includes the deployment of 180 to 200 digital information screens in 26 STIB stations, along with 4 iconic LED screens and 5 digital cubes in high-traffic areas [8] - JCDecaux will manage advertising spaces across 1,300 trams and buses, as well as 900 analogue displays in 69 metro stations [8] - The contract aims to enhance the passenger experience while providing effective advertising solutions for brands [4][6]
Stantec reports strong third quarter 2025 results, delivering over 17% growth in adjusted earnings per share
Globenewswire· 2025-11-13 22:00
Core Insights - Stantec reported strong third quarter results for 2025, with net revenue reaching $1.7 billion, an increase of 11.8% year-over-year, driven by organic growth of 5.6% and acquisition growth of 5.2% [3][12] - The company achieved an adjusted EBITDA of $323.4 million, reflecting a 17.8% increase, and an all-time high adjusted EBITDA margin of 19.0%, up 100 basis points from the previous year [3][12] - Stantec's diluted earnings per share (EPS) was $1.32, with adjusted EPS at $1.53, marking increases of 46.7% and 17.7% respectively compared to Q3 2024 [3][12] Financial Performance - Net revenue for Q3 2025 was $1.7 billion, up $180.6 million from Q3 2024, with organic growth achieved across all regional and business units, particularly in Water and Energy and Resources [3][12] - Project margin increased by 12.1% to $927.9 million, maintaining a project margin percentage of 54.4% [12] - Contract backlog rose to $8.4 billion, a 14.9% increase year-over-year, indicating strong future revenue potential [12][19] Strategic Outlook - Stantec has revised its adjusted EBITDA margin guidance for 2025 to a range of 17.2% to 17.5%, reflecting strong project margins and operational efficiency [10][11] - The company continues to expect net revenue growth of 10% to 12% for 2025, with specific expectations for organic growth in the US and Canada [9][10] - Stantec's recent acquisitions, including Page, Ryan Hanley, and Cosgroves, are expected to contribute positively to its growth trajectory [4][6] Market Position - Stantec's diversified business model and strong project execution have positioned it well to capitalize on sustained global demand for its services [4][8] - The company is focused on operational efficiency and disciplined management, which has led to lower administrative and marketing expenses as a percentage of net revenue [12][15] - Stantec's effective tax rate is projected to be between 23.5% and 24.5%, aligning with its financial strategy [10]