Core Viewpoint - Cornish Metals Inc. has received an inaugural overall sustainability rating of A from an independent panel of sustainability experts, reflecting the company's commitment to responsible mining practices and transparency [1][4][5]. Company Performance - The A rating from Digbee is an average score derived from a range of evaluations, indicating significant achievements in transparency, environmental stewardship, and community engagement [2][5]. - The company has embedded ESG (Environmental, Social, and Governance) priorities into its strategic planning and governance structures, including a formal sustainability strategy and linking ESG KPIs to executive remuneration [8]. Project Details - The South Crofty tin project is fully permitted for underground mining and is positioned to be the only primary producer of tin in Europe or North America, which is classified as a Critical Mineral [12]. - The project incorporates sustainable practices such as the reuse of existing infrastructure, backfilling of tailings, and the use of renewable electricity, aimed at reducing greenhouse gas emissions and water pollution [8]. Investment and Market Confidence - Cornish Metals has attracted significant investment from Vision Blue Resources and the UK National Wealth Fund, collectively holding over 55% of the company, indicating strong market and public-sector confidence in its responsible production model [8].

Core Viewpoint - The Shanghai Securities Regulatory Bureau is focusing on high-quality development and the implementation of a comprehensive registration system to enhance the capital market's innovation and support the real economy, thereby contributing to the elevation of Shanghai as an international financial center [1] Group 1: Comprehensive Registration System Reform - The Shanghai Securities Regulatory Bureau prioritizes the comprehensive registration system reform, actively implementing the regulatory collaboration mechanism for the issuance and listing of Shanghai enterprises [2] - Currently, 232 enterprises in Shanghai are in the counseling and review registration process, aiming to raise a total of over 257 billion yuan, with 83 on the Sci-Tech Innovation Board, 70 on the Growth Enterprise Market, 50 on the Main Board, and 29 on the Beijing Stock Exchange [2] - A total of 431 listed companies exist in Shanghai, with 142 in strategic emerging industries such as new-generation information technology, biotechnology, high-end equipment manufacturing, and new energy, accounting for about one-third [2] Group 2: Financing and Delisting - In terms of financing, 126 enterprises in Shanghai have utilized the capital market to raise a total of 391.2 billion yuan this year, including 29 equity financing instances raising 61.45 billion yuan and 97 bond financing instances raising 329.75 billion yuan [2] - The Shanghai Securities Regulatory Bureau is strictly enforcing the delisting system reform, promoting a normalized delisting pattern, and ensuring a stable exit for companies, with three companies successfully delisted this year [2] Group 3: Improvement in Company Quality - The Shanghai Securities Regulatory Bureau has implemented a three-year action plan to enhance the quality of listed companies, guiding 183 companies to actively disclose ESG reports, sustainable development reports, or social responsibility reports, achieving a historical high in ESG disclosures [3] - Risks related to stock pledges and guarantees have been largely mitigated, with a continuous decrease in the proportion of high-risk companies, and improvements in information disclosure and operational standards among listed companies [3] Group 4: Institutional Development - The establishment of new foreign-funded public fund companies in Shanghai, such as Guotai Junan Asset Management and Schroders, has further highlighted Shanghai's position as a hub for financial institutions [4] - As of the end of July, Shanghai has 32 securities companies, 36 futures companies, 71 public fund managers, and 4,009 registered private fund managers, maintaining the highest number of legal entities in the country [4] - The Shanghai Securities Regulatory Bureau has supported the issuance of national enterprise-themed ETFs and the listing of public REITs, demonstrating the effectiveness of industry institutions in supporting the real economy and innovative enterprises [4] Group 5: Compliance and Regulation - The compliance and internal control levels of securities, fund, and futures industry institutions in Shanghai have been continuously improved, with four securities companies included in the "white list" and two companies rated as "A" in cultural construction practices [5] - The Shanghai Securities Regulatory Bureau has emphasized the responsibility of intermediary institutions, conducting 134 on-site inspections in the first half of the year, covering various operational entities [6] - A total of 25 cases of financial fraud, information disclosure violations, insider trading, and other illegal activities have been investigated, with administrative penalties and prior notifications issued, reflecting a significant increase in enforcement actions [7]

中证报中证网讯(记者张兴旺)日前，荣耀发布《荣耀终端股份有限公司：环境、社会及负责任治理报告 (2024年)》(以下简称《报告》)。 据了解，荣耀将ESG视为公司长期战略，聚焦绿色环保、隐私安全、科技向善、青年赋能、员工发展、 产业协同发展、负责任治理七大战略方向，在商业实践中不断推动ESG治理与赋能工作的稳步落地。 荣耀ESG总监刘小军对报告进行解读时提到，在绿色产品方面，荣耀始终将环保理念贯穿于产品设计和 生产全过程。2024年通过绿色产品累计减少和避免温室气体排放约1497吨；150款手机及平板电脑通过 中国质量认证中心的环保等级认证；2024年在产品中使用的回收再生塑料及生物基的使用总量达310 吨。在绿色运营方面，2024年清洁能源使用量占比达13%；办公园区人均用电量较2023年降低8%。 荣耀表示，公司聚焦以人为中心的技术创新和变革，致力于以平台级AI赋能无障碍功能，通过屏幕朗 读、AI字幕等端侧AI解决方案，带来可断网离线使用的无障碍体验及适老化辅助，让视障、听障朋友 以及银发长辈都能平等、方便地拥抱数字世界。 今年3月，荣耀发布"阿尔法战略"，明确了追求长期价值和持续创新的方向。这一战略不仅 ...

Company Overview - "RuiMo Environmental Protection" is a technology-driven high-tech enterprise in the recycled plastics industry, established in 2015, focusing on the high-value recycling of polypropylene (PP) and polyethylene (PE) through a "recycle-reuse-application" model [1][3] - The company utilizes physical recycling methods to achieve "same-level recycling," ensuring that recycled pellets perform close to virgin material levels, certified by the FDA and EU RoHS [1][3] Recent Developments - RuiMo Environmental Protection recently completed a new financing round led by Ingka Investments, with continued support from existing shareholder Asahi Kasei, and with Momentum Capital acting as the exclusive financial advisor [1] - The funds will primarily be used for technology research and development, capacity expansion, and market development [1] Market Context - Approximately 70% of plastic waste is either landfilled or incinerated, with increasing pressure on global plastic pollution management [2] - Various countries have set clear targets for the use of recycled materials in plastic packaging, with a goal of 30% by 2030 [2] - The global market for recycled plastic products is projected to reach $174.42 billion by 2030, with China accounting for about 60% of the global recycled plastics industry [2] Technological Innovations - RuiMo Environmental Protection has developed automatic sorting equipment for polyolefin food packaging waste, enhancing sorting efficiency through visual recognition and digital systems [3] - The company addresses quality and safety issues in recycled materials through deep cleaning, high-precision sorting, and melt filtration processes, enabling the production of recycled plastics suitable for high-demand applications [3] Industry Challenges - The recycled plastics industry is characterized by small, scattered, and polluting production practices, leading to low-quality recycled materials that often do not meet international brand standards [2] - The domestic production rate of food-grade recycled PP is low, with significant technical barriers and supply chain bottlenecks [2] Team Expertise - The founder and CEO, Zhu Kuan, has 8 years of experience in petrochemical marketing management and 10 years in the plastic recycling industry [4] - The CTO, Xiong Wei, holds a PhD in Polymer Science from the Chinese Academy of Sciences and has a background in multinational chemical enterprises [4] Investor Insights - Lukas Visser, head of circular investments at Ingka Group, highlighted RuiMo's strong supplier network and partnerships with leading local delivery platforms, aiming to expand its impact on the local recycling market [5] - Pontus Erntell, President and Chief Sustainability Officer of IKEA China, emphasized the commitment to long-term investment in the Chinese market and the opportunity to lead the transition to a circular economy [6]

Group 1: Macro and Strategy Insights - The report discusses the interaction between the Kondratiev cycle and capacity cycles, highlighting that major technological innovations drive the Kondratiev cycle, influencing fixed asset investment waves through macro profit rates [7][8] - It notes that during the down phase of the Kondratiev cycle, a decline in macro profit rates leads to a rigid constraint on capacity utilization, creating a vicious cycle of profit decline, investment reduction, and increased idle capacity [8] - The report emphasizes that global capacity expansion has a "15-year time lag," exacerbating domestic competition pressures, indicating that overcapacity has become a normalized dilemma rather than a temporary issue [8] Group 2: Industry and Company Developments - The social services sector is highlighted for its competitive advantages through high-cost performance products and mature membership systems, with companies like Dongfang Zhenxuan showing improved GMV and membership growth [24][25] - The mechanical industry is experiencing growth, with the 2025 World Robot Conference showcasing new humanoid robots, indicating rapid development in the domestic robotics industry [27][28] - In the AI infrastructure sector, the report notes that demand is driving continued capital investment in data centers, benefiting companies involved in gas turbines and cooling units [29][30] Group 3: Financial Market Trends - The report indicates that the public REITs market is experiencing a slight decline, with the average weekly return for property and operating rights REITs being -0.45% and -0.03% respectively, while warehouse logistics and energy sectors show positive performance [12][14] - It highlights that the bond market remains active, with a slight rebound in long-term bonds, and the 30-year government bond yield is at a historically low level, suggesting a stable investment environment [10][11] - The report also mentions that the stock market is showing resilience, with the Shanghai Composite Index returning above 3600 points, driven by sectors like military and rare earths [17][18]

Company Overview - AlTi Global manages or advises on approximately $97 billion in combined assets[4] - The company boasts a client retention rate of 96% since 2021[11] - Approximately 59% of Wealth Management AUM/AUA is from the U S, while 41% is from non-U S sources[11] Financial Performance (Q2 2025) - Total revenue reached $53 million, a 7% increase compared to Q2 2024's $49 5 million[71] - Wealth Management and Capital Solutions (WM & CS) revenue was $52 million, with management fees at $49 million, up 8% and 6% year-over-year, respectively[70] - AUM/AUA increased by 35% year-over-year to $97 2 billion[71] Strategic Initiatives - AlTi Global finalized an expense optimization plan using Zero-Based-Budgeting (ZBB), expecting $20 million in annual gross savings over the next two years[70] - The company completed the acquisition of Kontora, a Hamburg-based MFO with $16 billion in AUA/AUM, on April 30, 2025[70] - Strategic investments from Allianz X and CWC provide up to $450 million to fuel AlTi's M&A pipeline and accelerate international expansion[15]

Company Overview - Quest Resource Holding Corporation is a national provider of waste & recycling solutions[4,8] - The company's solutions help customers meet business efficiency, sustainability and ESG goals[10] - The company serves the $200B+ North American waste and recycling industry[10] - The company has expertise with 100+ waste streams and a nationwide footprint[10] Financial Performance - The company's TTM Revenue is $271 million[10] - The company experienced ~20% CAGR in Gross Profit dollars from 2016 to 2024[14] - The company's gross margins have more than doubled to >17% since 2016[60] - The Adjusted EBITDA for TTM 2Q25 is $8449 thousand with a margin of 3.1%[17] Business Strategy - The company focuses on large clients with complex waste streams[11] - The company has invested in building a national asset-light model[25] - The company is pursuing a focused M&A strategy to acquire companies with strong clients & focus on service[55]

Core Points - Societe Generale initiated a EUR 1 billion ordinary share buy-back program aimed at share cancellation, starting on August 4, 2025 [1][2] - The program has received all necessary authorizations from supervisory authorities and complies with the conditions set forth by the General Meeting [2] - As of August 8, 2025, Societe Generale completed 9.6% of its buy-back program, which represents 0.2% of its total share capital of 785,180,327 shares [3] Buy-Back Transactions - The total number of shares repurchased from August 4 to August 8, 2025, was 1,718,926 shares at a daily weighted average price of EUR 55.8487 [5] - Daily transactions included: - August 4: 220,414 shares at EUR 54.8104 [4] - August 5: 209,844 shares at EUR 55.3552 [4] - August 6: 200,000 shares at EUR 55.4404 [5] - August 7: 200,000 shares at EUR 56.4492 [5] - August 8: 195,329 shares at EUR 57.2547 [5] Company Overview - Societe Generale is a leading European bank with approximately 119,000 employees serving over 26 million clients in 62 countries [6] - The bank has a strong commitment to sustainability and is included in major socially responsible investment indices [7]

Group 1 - The report highlights the diverse landscape of ESG developments globally, including policy negotiations, technological collaborations, and market adjustments, with specific examples from the US, UK, and EU [2][6][12] - In the US, Florida is investigating CDP and SBTi for information disclosure, while the UK FCA plans to simplify sustainable reporting requirements for asset management and insurance firms, reflecting regional differences in ESG governance [2][6] - The EU is advancing discussions on the Circular Economy Law to address issues like over-reliance on imports and resource efficiency, aiming to double the material circularity rate by 2030 [11] Group 2 - In China, multiple departments have launched initiatives to integrate environmental health concepts into policies, including the "Healthy China Action" plan, which aims to improve public health and environmental quality by 2030 [22][28] - The report notes significant financial support for clean energy projects, such as CGN raising 11.8 billion yuan for its Inner Mongolia subsidiary, and the launch of a pilot project for coal-based polyester to promote green transformation [22][28] - The report also discusses the collaborative efforts in the photovoltaic industry to combat unhealthy competition and promote sustainable practices, including the drafting of a price law amendment to regulate pricing behaviors [29][30] Group 3 - The report presents academic research indicating a correlation between high ESG performance and increased narcissistic rhetoric in corporate communications, suggesting that companies often highlight their ESG achievements in self-promotional ways [40] - A bibliometric analysis of global ESG research emphasizes the integration of environmental performance indicators with financial outcomes, identifying key research gaps in ESG standardization and implementation in emerging markets [46]

多家新能源企业ESG评级获得显著提升。 中伟股份则因其劳工管理和供应链透明度获得高分，董事会独立性强，且所有业务均纳入道德审计范 畴。另外，中伟股份把"零碳工厂+循环园区"模式复制到5大基地，单位产品碳排两年下降23 %，并上 线区块链溯源系统，对镍、钴等关键原料实现100 %尽责管理，从而完成从BBB到AA的"跳级"。 另外，四家企业都将ESG优势转化为订单优势。比如说，欣旺达推出625 Ah超大储能电芯及电池护照数 字化平台，提前满足欧盟电池法规，目前已经和2024年出货量居全球前五的交流侧储能系统供应商建立 了业务关系。评级提升不仅降低了资本成本，更让这些企业在全球新能源供应链重构中赢得先机，形 成"ESG-技术-市场-资本"正向循环。 近日，国际权威指数机构摩根士丹利资本国际公司（Morgan Stanley Capital International，以下简 称"MSCI"）发布最新ESG（环境、社会和公司治理）评级结果。璞泰来、欣旺达、金风科技、中伟股 份等多家新能源企业ESG评级获得显著提升。 璞泰来从A级跃升至AA级，欣旺达评级由BBB级跃升至A级，金风科技由BBB级升至A级，中伟股份从 BB ...