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Crystal International unveils advanced logistics hub in China
Yahoo Finance· 2026-02-02 11:55
Core Insights - Crystal International is advancing its strategy to integrate cutting-edge technology across its operations, focusing on digitalization and automation to enhance efficiency and sustainability [1][4]. Group 1: New Facility and Technology Integration - A new facility is being constructed by the company's knits division in its lifestyle wear factory in China, featuring an automated cutting workshop and a centralized smart warehouse with an advanced storage and retrieval system (AS/RS) [2]. - The logistics center, powered by a rooftop solar photovoltaic (PV) system, is expected to commence full operations in the first quarter of 2026, aiming to reduce fabric transfer times by up to 75% [3]. - The AS/RS will facilitate the autonomous flow of fabric materials and finished goods, while Automated Guided Vehicles (AGVs) will enhance the movement of sewn parts, contributing to a fully closed-looped auto-material flow system [3]. Group 2: Strategic Goals and Sustainability - The initiative aligns with Crystal International's Crystal Sustainability Vision 2030, which aims to transform all facilities into smart factories through innovative technology, thereby improving operational efficiency and sustainability performance [4]. - In October 2025, Crystal International became a partner member of Textile Exchange, a global non-profit organization promoting sustainability in the fashion and textile industries, which will help the company increase its use of eco-friendly options [6]. Group 3: Company Overview - Founded in 1970, Crystal International operates over 20 production sites across five countries, including Vietnam, China, Cambodia, Bangladesh, and Sri Lanka, producing a diverse range of apparel products [5]. - The company employs a "Co-creation" business model, collaborating with leading global brands to deliver high-quality and innovative manufacturing solutions [5].
Foundation Investment Partners acquires Paper Converters
Yahoo Finance· 2026-02-02 11:38
Core Viewpoint - Foundation Investment Partners (FIP) has acquired Paper Converters, a South Carolina-based company specializing in biodegradable and recyclable paper products, through its platform company Sustainable Packaging. The financial terms of the acquisition remain undisclosed [1]. Group 1: Company Overview - Paper Converters, established in 2002, produces spiral wound paper tubes, edge board, and sheeting, primarily serving the Southeastern US textile sector [1]. - The company aims to become a leading value provider of paper packaging in the region, with former owners Kline Smyly and Tanya Barnes continuing to guide its objectives [2]. Group 2: Strategic Goals and Collaborations - The acquisition is expected to enhance collaboration with Amspak, a company previously acquired by FIP, focusing on complementary markets and product categories [2]. - FIP's managing member, David Wood, emphasized the growth potential of Paper Converters, highlighting the industry's strengths in versatility, sustainability, and customization, which support eco-friendly solutions [3]. Group 3: Leadership and Vision - Sustainable Packaging CEO David Partin expressed enthusiasm for developing centers of excellence in the facilities to increase customer value [3]. - The partnership with FIP is seen as a strategic alignment in customer service and value, aiming to foster a positive work environment [2].
Beko sichert sich Platz 1 für die Haushaltswarenindustrie im Corporate Knights Global 100
Prnewswire· 2026-02-02 09:02
Group 1 - Beko has been ranked 1st in the household goods industry and 45th among the world's most sustainable publicly traded companies in the 2026 Corporate Knights Global 100 [1] - The company improved its position by 23 places from 68th in 2025, maintaining its top spot in the household goods sector [1] - Beko's commitment to sustainability is reflected in its ongoing investments and operational strategies, which are central to its long-term growth [1] Group 2 - In 2024, Beko invested €165 million in environmental initiatives, with over 70% of its total revenue coming from low-carbon products [1] - The company achieved significant material efficiency, saving over 17,000 tons of materials, and enhanced circularity by using over 27,800 tons of recycled plastics in production [1] - Beko extended the lifespan of more than 114,000 devices through its global refurbishment network in 2024 [1] Group 3 - Beko has been recognized multiple times for its sustainability efforts, including being named one of the world's most sustainable companies by TIME Magazine and achieving the highest score in the S&P Global Corporate Sustainability Assessment for seven consecutive years [1] - The company holds over 4,500 internationally registered patents and operates 28 R&D centers worldwide, employing more than 2,300 researchers [1] - Beko's consolidated revenue reached €10.6 billion in 2024, making it the largest white goods company in Europe by market share [1]
X @Bloomberg
Bloomberg· 2026-02-02 03:18
Google, Singapore Airlines and DBS are among companies that will test the city-state’s plan for central procurement of sustainable aviation fuel, as officials aim to curb emissions from air travel https://t.co/0XmGzvIHah ...
Vale Bioamazônico: onde floresta encontra a próxima revolução | Helder Barbalho | TEDxAmazônia Salon
TEDx Talks· 2026-02-01 16:00
Every future begins somewhere, and mine has a very strong, very strong connection to the environment, a very strong connection to the reality of the Amazon. Those who live in Pará will certainly know what I’m talking about when I talk about the rain. My parents, when they were young, when they started dating, unlike young people today who schedule dates via WhatsApp.That is, unless a personal meeting is replaced by a digital one. In their time, they would meet after the rain. This was the time for couples t ...
History of Target: Company timeline and facts
Yahoo Finance· 2026-01-31 15:53
Core Insights - Target has evolved from a small discount retailer in Minnesota to a leading discount retailer in the U.S., with annual sales exceeding $100 billion and ranking 8th in sales by the National Retail Federation [7][32]. Company History - The company was founded by George Draper Dayton in 1881, who initially assessed investment opportunities in the Midwest before establishing the Dayton Dry Goods Company [6][5]. - Under the leadership of Dayton and his successors, the company expanded significantly, including the opening of the first fully enclosed, air-conditioned shopping center in the U.S. in 1956 [3][4]. - The company was renamed The Dayton Company and later became known as Dayton's department store, which saw rapid growth and innovation, including the use of airplanes for transporting goods [4][3]. Brand Development - The first Target store opened in 1962, with a focus on providing a higher-quality experience for value-oriented shoppers [2][14]. - The iconic "Bullseye" logo was introduced in 1962 and has undergone several refinements over the years [8][10]. - Target's motto "Expect More. Pay Less." was unveiled in 1994, reinforcing its brand identity [20]. Financial Milestones - Target achieved $1 billion in annual sales for the first time in 1979 and exceeded $10 billion in annual revenue for the first time in 1992 [19][20]. - In 2021, Target's revenue reached a record $106 billion, with net income hitting $6.9 billion [32]. - The company has consistently paid dividends since its first payment in 1967, reflecting its financial stability [15]. Corporate Strategy and Initiatives - Target has committed to investing over $7 billion in corporate strategy initiatives, including store remodeling and enhancing the consumer experience [30][33]. - The company aims to source 100% of its electricity from renewable sources by 2030 as part of its sustainability goals [31]. - In response to the COVID-19 pandemic, Target adapted its services to include contactless delivery options and increased its minimum wage to $15 an hour [31]. Recent Developments - In 2025, Target announced a strategic plan to drive over $15 billion in sales growth by 2030, focusing on improving the consumer experience and supply chain [33]. - The company faced challenges, including a reduction in its corporate workforce by 1,800 jobs and a decline in stock price, attributed to backlash over its diversity initiatives [34]. - As of early 2026, Target's stock traded around $108 per share, significantly lower than its peak price in 2021, with a market capitalization of approximately $49 billion [34].
Sustainability Starts Small | Melanie Georgiev | TEDxBrighton College Dubai Youth
TEDx Talks· 2026-01-30 16:22
Have you ever forgotten to turn off a light switch. I have too. But have you ever wondered how much of a difference that makes.Millions of people around the world forget to turn off their lights per day. That alone uses enough energy to power 30,000 houses for 24 hours. The world uses a lot of energy to power the lights for your house each day.And this energy doesn't just come out of thin air. Natural resources like coal, oil, and natural gas are limited but needed to make energy. If we keep the habit of uh ...
Dubai's Green Tomorrow | Gavin Leonard & Ayden Valdsgaard | TEDxBrighton College Dubai Youth
TEDx Talks· 2026-01-30 16:21
Dubai Dubai. >> Dubai is green tomorrow. How can we keep Dubai alive for future generations.>> Look at that skyline, Aiden. Glass towers, bright lights, and desert all around. Dubai really is a miracle in the hand.>> It is. And you know what I love most. How it keeps growing and changing.But I do wonder how a city this modern can stay sustainable. It feels like everything runs on air conditioning. As the old agent the body is changing fast sustainability becoming is becoming part of how the city lives and b ...
Edible Garden’s Gourmet Greens Hydroponic Basil Now Available at Hannaford
Globenewswire· 2026-01-30 13:20
Core Viewpoint - Edible Garden AG Incorporated has expanded its distribution by launching its Gourmet Greens Hydroponic Basil at Hannaford Supermarkets, enhancing its retail presence and building on an existing relationship focused on quality and operational efficiency [1][4]. Company Overview - Edible Garden is a leader in controlled environment agriculture (CEA), providing sustainable, locally grown organic produce through its Zero-Waste Inspired® farming model [5]. - The company operates over 5,000 retail locations across the U.S., Caribbean, and South America, utilizing advanced safety protocols and sustainable practices [5]. - Edible Garden's proprietary GreenThumb software optimizes growing conditions and aims to reduce food miles, while its patented Self-Watering display extends plant shelf life [6]. Product Details - Gourmet Greens is a premium brand within Edible Garden's portfolio, offering hydroponically grown basil that emphasizes consistent quality, extended shelf life, and reduced food waste [2][4]. - The product is produced using Edible Garden's controlled environment agriculture platform, which enhances product consistency and supports responsible sourcing [4]. Retail Partnership - The partnership with Hannaford Supermarkets, which operates nearly 190 stores across the Northeast, reflects Edible Garden's ability to scale its branded products with leading regional retailers [3][4]. - This expansion supports Edible Garden's strategy of deepening relationships with regional retailers through branded offerings that improve in-store performance and consumer satisfaction [4]. Recognition and Innovation - Edible Garden has been recognized as a FoodTech 500 firm and is a member of Walmart's Project Gigaton sustainability initiative [7]. - The company also develops a range of nutrition and specialty food products, including plant and whey protein powders, and sustainable condiments [7].
Riikka Tieaho appointed Executive Vice President, Sustainability, Corporate Affairs & Legal, and General Counsel
Globenewswire· 2026-01-30 08:00
Core Insights - Huhtamaki has appointed Riikka Tieaho as Executive Vice President for Sustainability, Corporate Affairs & Legal, and General Counsel, effective no later than June 1, 2026 [1][2] - Riikka brings 20 years of legal and leadership experience, previously serving as General Counsel at Wolt and holding positions at Nokia [2] - The appointment aims to strengthen Huhtamaki's sustainability and governance efforts while driving profitable growth [3][4] Company Overview - Huhtamaki is a leading global provider of sustainable packaging solutions, with a history of over 100 years and operations in 36 countries [6][7] - The company reported net sales of EUR 4.1 billion in 2024 and employs around 18,000 professionals [7] - Huhtamaki is listed on the Nasdaq Helsinki and is headquartered in Espoo, Finland [7] Executive Team Structure - The Global Executive Team now includes Ralf K. Wunderlich (President and CEO), Fredrik Davidsson (President, Foodservice Packaging), and other key executives, with Riikka Tieaho joining as the latest member [5]